e-lektro
ActiveSummary
e-lektro has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22,444 and a net result of -€6,353. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 36386 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-1
Solvency81▼-19
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 6.68 against 5.83 in 2023; short-term debt: 14.1% and cash: 5.6% of total assets), and 44% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
56%
Return on assets
-15.8%
Age of the figures
21 mo
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€6,353
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
27 d late
2022
17 d late
2021
31 d late
2020
86 d late
2019
172 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 76 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€22,444▼ 22.1%
2023 · €28,797
Total assets
€40,084▲ 17.9%
2023 · €34,008
Net result
-€6,353▼ 34.8%
2023 · -€4,712
Working capital
€32,037▲ 27.2%
2023 · €25,189
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,674€570€28,682▲ 4,932%-€5,244-€6,406▼ 22.2%
Net result-€2,085below the sector's middle half€765below the sector's middle half€26,549within the sector's middle half▲ 3,370%-€4,712below the sector's middle half-€6,353below the sector's middle half▼ 34.8%
Equity€10,028below the sector's middle half▼ 17.2%€10,793below the sector's middle half▲ 7.6%€37,342within the sector's middle half▲ 246%€28,797within the sector's middle half▼ 22.9%€22,444within the sector's middle half▼ 22.1%
Total assets€28,412below the sector's middle half▲ 0.9%€24,248below the sector's middle half▼ 14.7%€46,818below the sector's middle half▲ 93.1%€34,008below the sector's middle half▼ 27.4%€40,084below the sector's middle half▲ 17.9%
Debt€18,384▲ 14.6%€13,455▼ 26.8%€9,476▼ 29.6%€5,211▼ 45.0%€17,639▲ 239%
Working capital€9,714below the sector's middle half▲ 30.8%€7,818within the sector's middle half▼ 19.5%€34,564within the sector's middle half▲ 342%€25,189within the sector's middle half▼ 27.1%€32,037within the sector's middle half▲ 27.2%
Solvency35.3%within the sector's middle half▼ 7.7pp44.5%within the sector's middle half▲ 9.2pp79.8%above the sector's middle half▲ 35.2pp84.7%above the sector's middle half▲ 4.9pp56.0%within the sector's middle half▼ 28.7pp
Current ratio1.54within the sector's middle half▲ 0.051.60within the sector's middle half▲ 0.064.65above the sector's middle half▲ 3.045.83above the sector's middle half▲ 1.196.68above the sector's middle half▲ 0.85
Return on assets (ROA)-7.3%below the sector's middle half▼ 8.4pp3.2%within the sector's middle half▲ 10.5pp56.7%above the sector's middle half▲ 53.6pp-13.9%below the sector's middle half▼ 70.6pp-15.8%below the sector's middle half▼ 2.0pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,406 in 2024 against €5,244 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40,084
Fixed assets
€2,407 ▼ 33.3%
Current assets
€37,676 ▲ 23.9%
Equity and liabilities €40,084
Equity
€22,444 ▼ 22.1%
Debt
€17,639 ▲ 239%
Debt's share of the balance-sheet total rises from 15.3% to 44.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€5,205▼
2023 · -€4,058
Cash flow
-€5,152▼
2023 · -€3,526
Debt to equity
0.79▲
2023 · 0.18
ROE
-28.3%▼
2023 · -16.4%
Interest coverage
-35.82▼
2023 · -20.70
Debt ≤ 1 year
€5,639▲
2023 · €5,211
Debt > 1 year
€12,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.9%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,815 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,869 | €823 | €697 | €1,186 | €1,201 | ▲ 1.3% |
| Other operating charges640/8 | - | €530 | €656 | €1,335 | €913 | ▼ 31.6% |
| Gross operating margin9900 | €5,913 | €1,923 | €30,035 | -€2,723 | -€4,292 | ▼ 57.6% |
| Operating profit (loss)9901 | -€1,674 | €570 | €28,682 | -€5,244 | -€6,406 | ▼ 22.2% |
| Financial income75/76B | - | €195 | €749 | €728 | €198 | ▼ 72.8% |
| Recurring financial income75 | €95 | €195 | €749 | €728 | €198 | ▼ 72.8% |
| Financial charges65/66B | - | - | €395 | €196 | €145 | ▼ 25.9% |
| Recurring financial charges65 | €506 | - | €395 | €196 | €145 | ▼ 25.9% |
| Profit (loss) for the period before taxes9903 | -€2,085 | €765 | €29,035 | -€4,712 | -€6,353 | ▼ 34.8% |
| Income taxes67/77 | - | - | €2,486 | - | - | - |
| Profit (loss) for the period9904 | -€2,085 | €765 | €26,549 | -€4,712 | -€6,353 | ▼ 34.8% |
| Profit (loss) for the period to be appropriated9905 | -€2,085 | €765 | €26,549 | -€4,712 | -€6,353 | ▼ 34.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28,412 | €24,248 | €46,818 | €34,008 | €40,084 | ▲ 17.9% |
| Fixed assets21/28 | €813 | €3,475 | €2,778 | €3,608 | €2,407 | ▼ 33.3% |
| Intangible fixed assets21 | - | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €813 | €3,475 | €2,778 | €3,608 | €2,407 | ▼ 33.3% |
| Plant, machinery and equipment23 | - | €3,475 | €2,778 | €3,608 | €2,407 | ▼ 33.3% |
| Current assets29/58 | €27,599 | €20,773 | €44,040 | €30,400 | €37,676 | ▲ 23.9% |
| Amounts receivable after more than one year29 | - | - | - | - | €23,000 | - |
| Trade receivables290 | - | - | - | - | €23,000 | - |
| Stocks and contracts in progress3 | €1,008 | €1,008 | €0 | - | - | - |
| Stocks30/36 | - | €1,008 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €21,189 | €10,986 | €39,168 | €8,178 | €12,328 | ▲ 50.7% |
| Trade receivables40 | - | €6,686 | €32,210 | €4,252 | €9,712 | ▲ 128% |
| Other amounts receivable41 | - | €4,300 | €6,958 | €3,926 | €2,616 | ▼ 33.4% |
| Current investments50/53 | - | €8,658 | €3,833 | - | - | - |
| Cash at bank and in hand54/58 | €5,402 | - | - | €22,049 | €2,234 | ▼ 89.9% |
| Deferred charges and accrued income490/1 | - | €122 | €1,038 | €173 | €114 | ▼ 33.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28,412 | €24,248 | €46,818 | €34,008 | €40,084 | ▲ 17.9% |
| Equity10/15 | €10,028 | €10,793 | €37,342 | €28,797 | €22,444 | ▼ 22.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €3,828 | €4,593 | €31,142 | €22,597 | €16,244 | ▼ 28.1% |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Other1319 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Distributable reserves133 | - | €2,738 | €29,287 | €20,742 | €14,389 | ▼ 30.6% |
| Amounts payable17/49 | €18,384 | €13,455 | €9,476 | €5,211 | €17,639 | ▲ 239% |
| Amounts payable after more than one year17 | - | - | - | - | €12,000 | - |
| Financial debts170/4 | - | - | - | - | €12,000 | - |
| Amounts payable within one year42/48 | €17,884 | €12,955 | €9,476 | €5,211 | €5,639 | ▲ 8.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €2,000 | - |
| Financial debts43 | - | €11 | €11 | €211 | €32 | ▼ 84.7% |
| Credit institutions430/8 | - | €11 | €11 | €211 | €32 | ▼ 84.7% |
| Trade debts44 | €6,426 | €5,441 | €2,664 | €4,138 | €403 | ▼ 90.3% |
| Suppliers440/4 | - | €5,441 | €2,664 | €4,138 | €403 | ▼ 90.3% |
| Taxes, remuneration and social security45 | - | €4,504 | €6,801 | €863 | €3,205 | ▲ 272% |
| Taxes450/3 | - | €2,704 | €6,801 | €863 | €2,455 | ▲ 185% |
| Remuneration and social security454/9 | - | €1,800 | - | - | €750 | - |
| Other amounts payable47/48 | - | €3,000 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €500 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,085 | €765 | €26,549 | -€4,712 | -€6,353 | ▼ 34.8% |
| + Depreciation and write-downs630 | €4,869 | €823 | €697 | €1,186 | €1,201 | ▲ 1.3% |
| Operating cash flow (approximation) | €2,785 | €1,588 | €27,246 | -€3,526 | -€5,152 | ▼ 46.1% |
| Investment in fixed assets (approximation) | - | -€3,485 | -€0 | -€2,016 | €0 | ▲ 100% |
| Change in cash | - | - | - | - | -€19,815 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Highest result since 2018net €26,549 ▲3,370%
Operating result €28,682, net result €26,549, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.65
Current ratio from 1.60 to 4.65; short-term debt falls from €12,955 to €9,476.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €765
Net result €765 after one loss-making year.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 86 days late
19-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 172 days late
2019
31-12
Financial
Back to profitnet €297
Net result €297 after one loss-making year.
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 44 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Denderleeuw · 1 establishment unit since 2012
Ground area
772 m²
Building footprint
132 m²
Volume, LiDAR
684 m³
Parcel 41030A0668/00F000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
e-lektro
since 20122.208.267.752
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41030A0668/00F000 | Flanders | 772 m² | 1 · 132 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 7,441 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
62100Computer programming
90391Promotion and organisation of arts and performing arts events
E-invoicing
Reachable via Peppol
Peppol ID
0208:0842402141
Also
9925:BE0842402141
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.