E-light
ActiveSummary
E-light has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €56k. Equity is growing by ~45.7% per year across the filed fiscal years. Its solvency ranks better than 56% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-3
Solvency77▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.69 in 2024; short-term debt: 47.8% and cash: 11.8% of total assets), and 47.8% of the assets are financed with debt.
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Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
52.2%
Return on assets
16.2%
Age of the figures
9 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
3 d early
2023
23 d late
2022
29 d late
2021
85 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€181k▲ 44.9%
2024 · €125k
Total assets
€347k▲ 41.8%
2024 · €245k
Net result
€56k▲ 25.5%
2024 · €45k
Working capital
€158k▲ 90.5%
2024 · €83k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€59k▲ 58,822%€29k▼ 50.6%€41k▲ 39.7%€71k▲ 75.3%€91k▲ 27.5%
Net result€41k€16k▼ 61.2%€23k▲ 41.7%€45k▲ 96.7%€56k▲ 25.5%
Equity€42k▲ 24,483%€58k▲ 38.6%€80k▲ 39.5%€125k▲ 55.7%€181k▲ 44.9%
Total assets€234k▼ 12.8%€197k▼ 15.6%€208k▲ 5.3%€245k▲ 17.7%€347k▲ 41.8%
Debt€192k▼ 28.3%€140k▼ 27.3%€127k▼ 8.8%€120k▼ 6.2%€166k▲ 38.6%
Working capital€138k▲ 36.4%€36k▼ 74.1%€24k▼ 33.1%€83k▲ 246%€158k▲ 90.5%
Staff (FTE)0.9▼ 18.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €347k
Fixed assets
€24k ▼ 44.4%
Current assets
€323k ▲ 59.8%
Equity and liabilities €347k
Equity
€181k ▲ 44.9%
Debt
€166k ▲ 38.6%
Debt's share of the balance-sheet total falls from 48.9% to 47.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€98k▲
2024 · €85k
Cash flow
€64k▲
2024 · €59k
Current ratio
1.95▲
2024 · 1.69
Quick ratio
1.73▲
2024 · 1.51
Debt to equity
0.91▼
2024 · 0.96
ROE
31.0%▼
2024 · 35.8%
ROA
16.2%▼
2024 · 18.3%
Interest coverage
10.46▲
2024 · 10.09
Debt ≤ 1 year
€166k▲
2024 · €120k
Income taxes
€25k▲
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2k | - |
| Remuneration, social security and pensions62 | €12k | €-70 | €710 | €474 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €275 | €4k | €8k | €14k | €8k | ▼ 44.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €45k | - | - | - |
| Other operating charges640/8 | €1k | €8k | €2k | €2k | €3k | ▲ 22.9% |
| Gross operating margin9900 | €72k | €41k | €96k | €88k | €101k | ▲ 15.3% |
| Operating profit (loss)9901 | €59k | €29k | €41k | €71k | €91k | ▲ 27.5% |
| Financial income75/76B | €17 | €23 | €0 | €971 | - | - |
| Recurring financial income75 | €17 | €23 | €0 | €971 | - | - |
| Financial charges65/66B | €15k | €8k | €8k | €8k | €9k | ▲ 11.6% |
| Recurring financial charges65 | €15k | €8k | €8k | €8k | €9k | ▲ 11.6% |
| Non-recurring financial charges66B | - | €500 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €43k | €21k | €33k | €64k | €81k | ▲ 27.7% |
| Income taxes67/77 | €2k | €5k | €10k | €19k | €25k | ▲ 32.9% |
| Profit (loss) for the period9904 | €41k | €16k | €23k | €45k | €56k | ▲ 25.5% |
| Profit (loss) for the period to be appropriated9905 | €41k | €16k | €23k | €45k | €56k | ▲ 25.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €234k | €197k | €208k | €245k | €347k | ▲ 41.8% |
| Fixed assets21/28 | €4k | €22k | €56k | €42k | €24k | ▼ 44.4% |
| Tangible fixed assets22/27 | €4k | €22k | €56k | €42k | €15k | ▼ 63.8% |
| Plant, machinery and equipment23 | €295 | €19k | €55k | €42k | €15k | ▼ 63.8% |
| Furniture and vehicles24 | €3k | €2k | €1k | - | - | - |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €8k | ▲ 4,050% |
| Current assets29/58 | €230k | €175k | €151k | €202k | €323k | ▲ 59.8% |
| Amounts receivable after more than one year29 | - | - | - | €60k | €60k | = |
| Other amounts receivable291 | - | - | - | €60k | €60k | = |
| Stocks and contracts in progress3 | €25k | €36k | €27k | €21k | €37k | ▲ 71.7% |
| Stocks30/36 | €22k | €22k | €27k | €21k | €37k | ▲ 71.7% |
| Contracts in progress37 | €3k | €13k | - | - | - | - |
| Amounts receivable within one year40/41 | €200k | €131k | €94k | €14k | €181k | ▲ 1,172% |
| Trade receivables40 | €112k | €126k | €90k | €11k | €116k | ▲ 915% |
| Other amounts receivable41 | €89k | €5k | €5k | €3k | €65k | ▲ 2,222% |
| Cash at bank and in hand54/58 | €2k | €7k | €29k | €107k | €41k | ▼ 61.7% |
| Deferred charges and accrued income490/1 | €2k | €909 | €583 | - | €4k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €234k | €197k | €208k | €245k | €347k | ▲ 41.8% |
| Equity10/15 | €42k | €58k | €80k | €125k | €181k | ▲ 44.9% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €29k | €45k | €68k | €113k | €169k | ▲ 49.8% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €27k | €43k | €66k | €113k | €169k | ▲ 49.8% |
| Amounts payable17/49 | €192k | €140k | €127k | €120k | €166k | ▲ 38.6% |
| Amounts payable after more than one year17 | €100k | - | - | - | - | - |
| Financial debts170/4 | €100k | - | - | - | - | - |
| Amounts payable within one year42/48 | €92k | €140k | €127k | €120k | €166k | ▲ 38.6% |
| Current portion of amounts payable after more than one year42 | €22k | €531 | - | - | - | - |
| Financial debts43 | - | - | - | - | €25k | - |
| Credit institutions430/8 | - | - | - | - | €25k | - |
| Trade debts44 | €67k | €21k | €33k | €18k | €72k | ▲ 299% |
| Suppliers440/4 | €67k | €21k | €33k | €18k | €72k | ▲ 299% |
| Taxes, remuneration and social security45 | €3k | €24k | €32k | €26k | €2k | ▼ 92.2% |
| Taxes450/3 | €2k | €20k | €27k | €26k | €2k | ▼ 92.2% |
| Remuneration and social security454/9 | €515 | €4k | €4k | - | - | - |
| Other amounts payable47/48 | - | €94k | €63k | €76k | €67k | ▼ 12.2% |
| Accrued charges and deferred income492/3 | €63 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41k | €16k | €23k | €45k | €56k | ▲ 25.5% |
| + Depreciation and write-downs630 | €275 | €4k | €8k | €14k | €8k | ▼ 44.5% |
| Operating cash flow (approximation) | €42k | €20k | €31k | €59k | €64k | ▲ 8.9% |
| Investment in fixed assets (approximation) | - | €-22k | €-43k | €297 | €11k | ▲ 3,630% |
| Change in cash | - | €5k | €22k | €78k | €-66k | ▼ 185% |
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
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Highest result since 2018net €56k ▲25.5%
Operating result €91k, net result €56k, both a record.
31-12
Financial
Equity above €150kEq €181k ▲44.9%
5 profitable years in a row build equity to €181k.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €125k ▲55.7%
4 profitable years in a row build equity to €125k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
2021
31-12
Financial
Back to profitnet €41k
Net result €41k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
Show earlier events
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 62 days late
2018
11-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 11 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Laureins · 1 establishment unit since 2011
Ground area
1.3 ha
Building footprint
130 m²
Volume, LiDAR
834 m³
Parcel 43017C2078/00A000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
E-light
since 20112.199.477.473
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43017C2078/00A000 | Flanders | 1.3 ha | 1 · 130 m² | 10.7 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 365 EUR awarded · 365 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 365 EUR | 365 EUR |
Recognitions · licences · registrations
Recognised contractor
4 categoriesE-light BV44271
Similar companies · same sector, comparable size
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BAUGNIES ELEC
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BRUNO SOMERS
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,411 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)
Founded10-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.