E.L. TRONICS
ActiveE.L. TRONICS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €557k and a net result of €81k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 88% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
90
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-9
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.96 against 12.32 in 2024), and 16.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.5%
Return on assets
12.2%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-03-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
51 d early
2023
27 d early
2022
32 d early
2021
51 d early
2020
58 d early
2019
48 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€557k▼ 3.2%
2024 · €576k
2018: €683k
2019: €668k
2020: €721k
2021: €524k
2022: €475k
2023: €482k
2024: €576k
2018 → 2025
Total assets
€668k▲ 8.9%
2024 · €613k
2018: €2.52M
2019: €1.25M
2020: €870k
2021: €770k
2022: €574k
2023: €586k
2024: €613k
2018 → 2025
Net result
€81k▼ 13.6%
2024 · €94k
2018: €68k
2019: €-14k
2020: €100k
2021: €27k
2022: €13k
2023: €75k
2024: €94k
2018 → 2025
Working capital
€437k▲ 3.7%
2024 · €422k
2018: €470k
2019: €465k
2020: €485k
2021: €330k
2022: €319k
2023: €355k
2024: €422k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€524k-€475k▼ 9.4%€482k▲ 1.4%€576k▲ 19.6%€557k▼ 3.2%
Operating result€37k-€22k▼ 39.9%€107k▲ 387%€136k▲ 27.0%€93k▼ 31.7%
Net result€27k-€13k▼ 52.8%€75k▲ 493%€94k▲ 25.8%€81k▼ 13.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €668k
Fixed assets
€120k▼ 22.2%
Current assets
€548k▲ 19.4%
Equity and liabilities €668k
Equity
€557k▼ 3.2%
Debt
€111k▲ 197%
The debt ratio rises from 6.1% to 16.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€126k▼
2024 · €168k
Cash flow
€115k▼
2024 · €126k
Solvency
83.5%▼
2024 · 93.9%
Current ratio
4.96▼
2024 · 12.32
Quick ratio
4.96▼
2024 · 12.32
Debt / equity
0.20▲
2024 · 0.06
ROE
14.6%▼
2024 · 16.4%
ROA
12.2%▼
2024 · 15.4%
Interest coverage
914.05▼
2024 · 1507.89
Debt
€111k▲
2024 · €37k
Debt ≤ 1 year
€111k▲
2024 · €37k
Income taxes
€33k▼
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€613k€668k▲
Fixed assets21/28€154k€120k▼
Tangible fixed assets22/27€154k€120k▼
Land and buildings22€85k€68k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€61k€47k▼
Current assets29/58€459k€548k▲
Amounts receivable within one year40/41€55k€55k▲
Trade receivables40€40k€28k▼
Other amounts receivable41€14k€27k▲
Current investments50/53€298k€148k▼
Cash at bank and in hand54/58€106k€345k▲
Equity and liabilities
Total equity and liabilities10/49€613k€668k▲
Equity10/15€576k€557k▼
Contributions10/11€66k€66k=
Outside capital11€66k€66k=
Other1109/19€66k€66k=
Reserves13€510k€491k▼
Distributable reserves133€510k€491k▼
Amounts payable17/49€37k€111k▲
Amounts payable within one year42/48€37k€111k▲
Trade debts44€28k€4k▼
Suppliers440/4€28k€4k▼
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€18€5k▲
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€8k€100k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€33k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€171k€129k▼
Operating profit (loss)9901€136k€93k▼
Financial income75/76B€3k€22k▲
Recurring financial income75€3k€22k▲
Financial charges65/66B€111€138▲
Recurring financial charges65€111€138▲
Profit (loss) for the period before taxes9903€139k€115k▼
Income taxes67/77€45k€33k▼
Profit (loss) for the period9904€94k€81k▼
Profit (loss) for the period to be appropriated9905€94k€81k▼
Appropriation of the result
Profit (loss) to be appropriated9906€94k€81k▼
Transfer from equity791/2-€100k
Transfer to equity691/2€94k€81k▼
To other reserves6921€94k€81k▼
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity triplescurrent ratio 12.32
Current ratio from 4.39 to 12.32; short-term debt falls from €105k to €37k.
30-09
Financial
Equity above €500kEq €576k ▲19.6%
5 profitable years in a row build equity to €576k.
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €100k
Net result €100k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 4.25
Current ratio from 1.80 to 4.25; short-term debt falls from €584k to €149k.
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-14k ▼121%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Kortrijk · 2 establishment units since 1996
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.
Leieweg(Mar) 168510 KortrijkGround area
343 m²
Building footprint
290 m²
Volume, LiDAR
1,177 m³
Parcel 34026A0129/00Z002, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Leieweg(Mar) 16, 8510 Kortrijk
since 19962.077.776.622
EL Tronics
since 20262.385.906.723
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0129/00Z002 | Flanders | 343 m² | 1 · 290 m² | 6.1 m · 1 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
GEBOTEC KLIMA
BE 0896.423.916
Heusden-Zolder · Eq €557k
ASSISTANCE ELECTRIQUE SERVICE
BE 0452.165.302
Beloeil · Eq €558k
ENGINEERING, MANAGEMENT, CONSULTING, EN CONTRACTING
BE 0453.683.351
Geel · Eq €557k
Electro Peter De Mol
BE 0465.002.261
Lokeren · Eq €557k
Michielsen
BE 0697.682.101
Brecht · Eq €557k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,269. 6,171 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-1996
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
45310
43320Joinery installation
45421
47552Retail sale of lighting equipment
47592Retail trade
52442
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.