DX ELECTRO
ActiveSummary
DX ELECTRO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-4k) and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency12▲+12
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 0.34 in 2023; short-term debt: 105.2% and cash: 65.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-12.6%
Return on assets
43.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
34 d early
2022
45 d early
2021
6 d early
2020
27 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-4k▲ 77.6%
2023 · €-16k
2018: €50k
2019: €-501
2020: €-13k
2021: €-31k
2022: €-30k
2023: €-16k
2018 → 2024
Total assets
€29k▲ 63.6%
2023 · €18k
2018: €80k
2019: €39k
2020: €41k
2021: €34k
2022: €19k
2023: €18k
2018 → 2024
Net result
€13k▼ 6.0%
2023 · €14k
2018: €40k
2019: €-50k
2020: €-12k
2021: €-19k
2022: €1k
2023: €14k
2018 → 2024
Working capital
€-6k▲ 74.9%
2023 · €-23k
2018: €29k
2019: €-17k
2020: €-22k
2021: €-35k
2022: €-39k
2023: €-23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-13k-€-31k▼ 146%€-30k▲ 4.5%€-16k▲ 45.2%€-4k▲ 77.6%
Operating result€-10k-€-16k▼ 63.2%€2k€15k▲ 529%€15k▲ 2.6%
Net result€-12k-€-19k▼ 52.0%€1k€14k▲ 862%€13k▼ 6.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29k
Fixed assets
€4k ▼ 32.4%
Current assets
€25k ▲ 113%
Key figures and ratios
EBITDA
€17k▼
2023 · €17k
Cash flow
€15k▼
2023 · €16k
Solvency
-12.6%▲
2023 · -92.0%
Current ratio
0.82▲
2023 · 0.34
Quick ratio
0.74▲
2023 · 0.24
Debt to equity
-8.94▼
2023 · -2.09
ROA
43.6%▼
2023 · 75.9%
Interest coverage
7.26▼
2023 · 14.85
Debt
€33k▼
2023 · €34k
Debt ≤ 1 year
€31k▼
2023 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€18k€29k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€284€0▼
Furniture and vehicles24€6k€4k▼
Current assets29/58€12k€25k▲
Stocks and contracts in progress3€4k€2k▼
Stocks30/36€4k€2k▼
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€4k€3k▼
Other amounts receivable41€2k€355▼
Cash at bank and in hand54/58€1k€19k▲
Deferred charges and accrued income490/1€1k€594▼
Equity and liabilities
Total equity and liabilities10/49€18k€29k▲
Equity10/15€-16k€-4k▲
Contributions10/11€19k€19k=
Reserves13€52k€52k=
Distributable reserves133€52k€52k=
Profit (loss) carried forward14€-87k€-74k▲
Amounts payable17/49€34k€33k▼
Amounts payable within one year42/48€34k€31k▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€332€0▼
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€29k€25k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€945€0▼
Other operating charges640/8€954€895▼
Gross operating margin9900€19k€18k▼
Operating profit (loss)9901€15k€15k▲
Financial income75/76B€106€90▼
Recurring financial income75€106€90▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€14k€13k▼
Profit (loss) for the period9904€14k€13k▼
Profit (loss) for the period to be appropriated9905€14k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-87k€-74k▲
Profit (loss) brought forward from the previous period14P€-101k€-87k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial
Weakest financial yearnet €-50k ▼227%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kouter 2509800 DeinzeGround area
1,034 m²
Building footprint
205 m²
Volume, LiDAR
1,061 m³
Parcel 44011A0053/00A002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kouter 250, 9800 Deinze
since 19972.084.344.413
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011A0053/00A002 | Flanders | 1,034 m² | 1 · 205 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
De Gersem Mathieu
BE 0798.630.989
Gent · Eq €49,863
EMEK
BE 0726.652.833
Evergem · Eq €49,849
TAUK
BE 0736.765.577
Kapelle-op-den-Bos · Eq €49,849
HUIS VAN DEN BOSSCHE
BE 0866.153.580
Eeklo · Eq €49,897
ROCC ELECTRIC
BE 0803.336.875
Kortrijk · Eq €49,830
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,572 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-1997
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.