Turnover
≈ €120,000 estimated
The micro format states no turnover.
E.K. NETWORK
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2001Gross marginpeak €53,153 (2015)
€14,224▲ 194%
Resultlowest -€53,242 (2010)
€12,236▲ €21,219
Equitypeak €17,085 (2019)
€15,619▲ 362%
Debts
€47,274▼ 36.6%
Board1 name since 2009
1 directorSTUAERT VINCENT
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Gross margin from €4,840 to €14,224Back to profit: €12,236Equity from €3,382 to €15,619Debts from €74,514 to €47,274Cash from €272 to €967
Key points
from the 2024 annual accountsChecked score
52
Fair
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,692 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.9%
01-2025: 3.9%● unchanged vs 12-2024
02-2025: 3.9%● unchanged vs 01-2025
03-2025: 3.9%● unchanged vs 02-2025
04-2025: 3.9%● unchanged vs 03-2025
05-2025: 3.8%▼ -0.1 percentage points vs 04-2025
06-2025: 3.7%▼ -0.1 percentage points vs 05-2025
07-2025: 3.9%▲ +0.2 percentage points vs 06-2025
08-2025: 4.5%▲ +0.6 percentage points vs 07-2025
09-2025: 4.4%▼ -0.1 percentage points vs 08-2025
10-2025: 4.6%▲ +0.2 percentage points vs 09-2025highest value
11-2025: 1.3%▼ -3.3 percentage points vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.2%▼ -0.1 percentage points vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026lowest value
07-2026: 1.3%▲ +0.1 percentage points vs 06-2026
08-2026: 1.8%▲ +0.5 percentage points vs 07-2026
09-2026: 2.1%▲ +0.3 percentage points vs 08-2026
10-2026: 2.7%▲ +0.6 percentage points vs 09-2026
11-2026: 2.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2024 (filed on 02-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 accounts late
Liquidity: current ratio 1.31, cash €967
lowers risk
Founded in 2000
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 26% of them on solvency, 7% on liquidity, 79% on profitability and 98% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as E.K. NETWORK has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of E.K. NETWORK itself is higher: 2.7% within 12 months. It rests on far more data about E.K. NETWORK than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,818 companies, not a prediction for E.K. NETWORK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.31 (1.03 in 2023), below the usual 1.5. Short-term debt is 75.2% and cash 1.5% of total assets. 75.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €15,619
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 98 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline06-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
61 days late
2023
59 days late
2022
142 days late
2021
152 days late
2020
248 days late
2019
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 131 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0471730004
First establishment
Rue des Compagnons 26, Mons
Incorporation
published on 29-04-2000 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| E.K. NETWORK Mons | €62,893 | €14,224 | 24.8% | - |
| BINON Fleurus | €71,882 | €13,263 | 93.4% | - |
| CORELI Orp-Jauche | €62,116 | €13,165 | 58.7% | - |
| E.M.Z. Zonhoven | €56,324 | €14,102 | 71.3% | - |
| ELECLEROY Namur | €69,169 | €15,944 | 83.4% | - |
| CORCO Antwerp | €53,886 | €14,863 | 55.7% | - |
| LUVADE Kontich | €68,909 | €16,716 | 59.2% | - |
These companies have the same main activity as E.K. NETWORK: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €53,900 and €71,900, founded between 1997 and 2002.
Official details
Source: KBO- Status
- Active since 19-04-2000Normal situation
- Activity
- General electrical installation workNACE 43211and 4 others
- Establishment unit
- 2.094.105.6807000 Mons, since 14-11-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 17-07-2026
Insights on E.K. NETWORK
E.K. NETWORK files the micro format. That format states no turnover. The gross margin rose from €29 in 2006 to €14,224 in 2024.
The balance sheet grew most from 2007 to 2009 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about E.K. NETWORK
- What is the company number of E.K. NETWORK?
- The company number of E.K. NETWORK is 0471.730.004. The VAT number is the same number with BE in front: BE 0471.730.004.
- Where is E.K. NETWORK based?
- The registered office is at Rue des Compagnons 26, 7000 Mons.Company details
- What does E.K. NETWORK do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of E.K. NETWORK?
- E.K. NETWORK is a private limited company (pre-2019) (BVBA).
- When was E.K. NETWORK founded?
- E.K. NETWORK was founded on 19-04-2000.
- Is E.K. NETWORK still active?
- Yes, E.K. NETWORK is an active enterprise in the KBO register.
- What is the turnover of E.K. NETWORK?
- The turnover in financial year 2024 is ≈ €120,000. This figure is estimated from the gross margin of €14,224 and 97 comparable companies (NACE 43211). It probably lies between €77,000 and €250,000. It is a rough estimate.Financials
- Is E.K. NETWORK profitable?
- In financial year 2024, E.K. NETWORK made a profit of €12,236.
- Where can I find the annual accounts of E.K. NETWORK?
- E.K. NETWORK filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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