Ed Elec
ActiveThe computed 12-month bankruptcy probability of Ed Elec is 5.2% (elevated). The 2025 annual accounts show negative equity (€-10k) and a net result of €-1k. Equity is shrinking by ~18% per year across the filed fiscal years. Its solvency ranks better than 5% of 27358 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability52▼-48
Solvency67=
Growth58=
Stability100
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Age of the figures
Age of the figures
16 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€10k
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 30-11-2025, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
2 d late
2023
6 d early
2022
23 d late
2021
on the day
2020
16 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close13-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-10k▼ 11.6%
2024 · €-9k
2020: €-1k
2021: €-8k
2022: €-10k
2023: €-6k
2024: €-9k
2020 → 2025
Total assets
€3k▼ 24.6%
2024 · €3k
2020: €4k
2021: €15k
2022: €11k
2023: €15k
2024: €3k
2020 → 2025
Net result
€-1k▲ 65.6%
2024 · €-3k
2020: €-4k
2021: €-7k
2022: €-2k
2023: €4k
2024: €-3k
2020 → 2025
Working capital
€2k▲ 38.5%
2024 · €1k
2020: €-3k
2021: €-14k
2022: €-3k
2023: €1k
2024: €1k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-8k-€-10k▼ 27.9%€-6k▲ 42.1%€-9k▼ 50.7%€-10k▼ 11.6%
Operating result€-6k-€-2k▲ 70.3%€6k€-2k€-939▲ 61.2%
Net result€-7k-€-2k▲ 66.4%€4k€-3k€-1k▲ 65.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €939 in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€363=
Current assets
€2k▼ 27.6%
Key figures and ratios
Debt
€12k▲
2024 · €12k
Debt ≤ 1 year
€79▼
2024 · €1k
Debt > 1 year
€12k▲
2024 · €11k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
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€3k€3k▼
Fixed assets21/28€363€363=
Financial fixed assets28€363€363=
Current assets29/58€3k€2k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€2k€1k▼
Other amounts receivable41€496€712▲
Cash at bank and in hand54/58€112€280▲
Deferred charges and accrued income490/1€152€152=
Equity and liabilities
Total equity and liabilities10/49€3k€3k▼
Equity10/15€-9k€-10k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-12k€-13k▼
Amounts payable17/49€12k€12k▲
Amounts payable after more than one year17€11k€12k▲
Other amounts payable178/9€11k€12k▲
Amounts payable within one year42/48€1k€79▼
Current portion of amounts payable after more than one year42€931-
Trade debts44€540€79▼
Suppliers440/4€540€79▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Other operating charges640/8€546€494▼
Gross operating margin9900€-456€-445▲
Operating profit (loss)9901€-2k€-939▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€544€79▼
Recurring financial charges65€544€79▼
Profit (loss) for the period before taxes9903€-3k€-1k▲
Profit (loss) for the period9904€-3k€-1k▲
Profit (loss) for the period to be appropriated9905€-3k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-13k▼
Profit (loss) brought forward from the previous period14P€-9k€-12k▼
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
Next filing, fiscal year 2026, expected by
2025
30-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-04
Financial
Liquidity times 13current ratio 27.14
Current ratio from 2.01 to 27.14; short-term debt falls from €1k to €79.
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
2023
24-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-04
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
30-04
Financial
Liquidity doublescurrent ratio 1.12
Current ratio from 0.54 to 1.12.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-04
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
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, Seraing · 1 establishment unit since 2019
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.
Rue Puits-Marie 824100 SeraingGround area
3,410 m²
Building footprint
1,233 m²
Volume, LiDAR
7,139 m³
2 parcels, Wallonia · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WEDAL ELEC
since 20192.291.047.453
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62096A0264/00Z007 | Wallonia | 2,978 m² | 1 · 1,141 m² | 6.5 m · 2 fl. |
| 61044C0170/00Y000 | Wallonia | 432 m² | 1 · 92 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 22,728 companies in sector 43211 we hold annual accounts for 10,270.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2019
Fiscal year end30-04
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.