EGA
ActiveSummary
EGA has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €408,810 and a net result of €118,394. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 79% of 8281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+15
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 3.2 against 5.31 in 2024; short-term debt: 25.1% and cash: 7.6% of total assets), and 25.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and 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
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
74.8%
Return on assets
21.6%
Age of the figures
14 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 18-02-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
3 d early
2023
6 d late
2022
31 d late
2021
17 d late
2020
59 d early
2019
252 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today. Usually files around 7 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-07-2026 close01-10-2026 today28-02-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€408,810▲ 13.6%
2024 · €359,856
Total assets
€546,859▲ 25.6%
2024 · €435,247
Net result
€118,394▲ 187%
2024 · €41,218
Working capital
€302,009▼ 6.6%
2024 · €323,274
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€12,033€25,573€18,189▼ 28.9%€48,668▲ 168%€158,257▲ 225%
Net result€6,911within the sector's middle half▼ 42.9%€27,798within the sector's middle half▲ 302%€20,003within the sector's middle half▼ 28.0%€41,218within the sector's middle half▲ 106%€118,394within the sector's middle half▲ 187%
Equity€277,087within the sector's middle half▲ 2.6%€298,635within the sector's middle half▲ 7.8%€318,638within the sector's middle half▲ 6.7%€359,856within the sector's middle half▲ 12.9%€408,810within the sector's middle half▲ 13.6%
Total assets€375,949below the sector's middle half▲ 12.1%€386,076below the sector's middle half▲ 2.7%€408,512below the sector's middle half▲ 5.8%€435,247below the sector's middle half▲ 6.5%€546,859within the sector's middle half▲ 25.6%
Debt€98,862▲ 51.8%€87,440▼ 11.6%€89,874▲ 2.8%€75,391▼ 16.1%€138,049▲ 83.1%
Working capital€259,390within the sector's middle half▲ 1.1%€283,381within the sector's middle half▲ 9.2%€306,419within the sector's middle half▲ 8.1%€323,274within the sector's middle half▲ 5.5%€302,009within the sector's middle half▼ 6.6%
Solvency73.7%above the sector's middle half▼ 6.9pp77.4%above the sector's middle half▲ 3.6pp78.0%above the sector's middle half▲ 0.6pp82.7%above the sector's middle half▲ 4.7pp74.8%above the sector's middle half▼ 7.9pp
Current ratio3.62above the sector's middle half▼ 1.324.24above the sector's middle half▲ 0.624.44above the sector's middle half▲ 0.205.31above the sector's middle half▲ 0.873.20within the sector's middle half▼ 2.10
Return on assets (ROA)1.8%within the sector's middle half▼ 1.8pp7.2%within the sector's middle half▲ 5.4pp4.9%within the sector's middle half▼ 2.3pp9.5%within the sector's middle half▲ 4.6pp21.6%above the sector's middle half▲ 12.2pp
Staff (FTE)1.9within the sector's middle half▲ 1,800%1.6below the sector's middle half▼ 15.8%1.1within the sector's middle half▼ 31.3%1within the sector's middle half▼ 9.1%1.5within the sector's middle half▲ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 225% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €546,859
Fixed assets
€107,777 ▲ 192%
Current assets
€439,082 ▲ 10.2%
Equity and liabilities €546,859
Equity
€408,810 ▲ 13.6%
Debt
€138,049 ▲ 83.1%
Debt's share of the balance-sheet total rises from 17.3% to 25.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€180,206▲
2024 · €52,117
Cash flow
€140,343▲
2024 · €44,666
Quick ratio
1.50▼
2024 · 3.19
Debt to equity
0.34▲
2024 · 0.21
ROE
29.0%▲
2024 · 11.5%
Interest coverage
49.03▼
2024 · 73.84
Debt ≤ 1 year
€137,073▲
2024 · €75,071
Income taxes
€48,247▲
2024 · €21,052
Staff costs
€71,533▲
2024 · €42,975
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,371 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,612 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €67,727 | €54,787 | €42,975 | €71,533 | ▲ 66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,963 | €6,700 | €2,502 | €3,448 | €21,949 | ▲ 536% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €26,271 | €892 | ▼ 96.6% |
| Other operating charges640/8 | - | €3,724 | €3,493 | €64,285 | €3,179 | ▼ 95.1% |
| Gross operating margin9900 | €81,717 | €103,724 | €78,971 | €185,647 | €255,810 | ▲ 37.8% |
| Operating profit (loss)9901 | -€12,033 | €25,573 | €18,189 | €48,668 | €158,257 | ▲ 225% |
| Financial income75/76B | - | €8,655 | €14,035 | €14,307 | €12,060 | ▼ 15.7% |
| Recurring financial income75 | €27,247 | €8,655 | €14,035 | €14,307 | €12,060 | ▼ 15.7% |
| Financial charges65/66B | - | €752 | €3,970 | €706 | €3,676 | ▲ 421% |
| Recurring financial charges65 | €3,592 | €752 | €3,970 | €706 | €3,676 | ▲ 421% |
| Profit (loss) for the period before taxes9903 | €11,622 | €33,476 | €28,254 | €62,269 | €166,641 | ▲ 168% |
| Income taxes67/77 | €4,711 | €5,678 | €8,251 | €21,052 | €48,247 | ▲ 129% |
| Profit (loss) for the period9904 | €6,911 | €27,798 | €20,003 | €41,218 | €118,394 | ▲ 187% |
| Profit (loss) for the period to be appropriated9905 | €6,911 | €27,798 | €20,003 | €41,218 | €118,394 | ▲ 187% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €375,949 | €386,076 | €408,512 | €435,247 | €546,859 | ▲ 25.6% |
| Fixed assets21/28 | €17,698 | €15,255 | €13,012 | €36,902 | €107,777 | ▲ 192% |
| Intangible fixed assets21 | - | - | - | - | €13,765 | - |
| Tangible fixed assets22/27 | €17,698 | €15,255 | €13,012 | €36,902 | €90,637 | ▲ 146% |
| Plant, machinery and equipment23 | - | €2,128 | €1,418 | €2,031 | €1,260 | ▼ 37.9% |
| Furniture and vehicles24 | - | €4,464 | €3,993 | €3,292 | €21,398 | ▲ 550% |
| Other tangible fixed assets26 | - | €8,662 | €7,602 | €31,579 | €67,979 | ▲ 115% |
| Financial fixed assets28 | - | - | - | - | €3,375 | - |
| Current assets29/58 | €358,251 | €370,821 | €395,500 | €398,345 | €439,082 | ▲ 10.2% |
| Stocks and contracts in progress3 | €163,923 | €184,933 | €108,531 | €158,833 | €233,063 | ▲ 46.7% |
| Stocks30/36 | - | €184,933 | €108,531 | €158,833 | €233,063 | ▲ 46.7% |
| Amounts receivable within one year40/41 | €121,197 | €117,952 | €216,146 | €161,883 | €159,736 | ▼ 1.3% |
| Trade receivables40 | - | €95,364 | €176,252 | €130,152 | €113,233 | ▼ 13.0% |
| Other amounts receivable41 | - | €22,588 | €39,893 | €31,731 | €46,502 | ▲ 46.6% |
| Cash at bank and in hand54/58 | €70,867 | €65,996 | €68,830 | €73,381 | €41,741 | ▼ 43.1% |
| Deferred charges and accrued income490/1 | - | €1,940 | €1,993 | €4,247 | €4,542 | ▲ 6.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €375,949 | €386,076 | €408,512 | €435,247 | €546,859 | ▲ 25.6% |
| Equity10/15 | €277,087 | €298,635 | €318,638 | €359,856 | €408,810 | ▲ 13.6% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €231,860 | €252,860 | €252,860 | €341,264 | €390,218 | ▲ 14.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | €251,000 | €251,000 | €339,404 | €390,218 | ▲ 15.0% |
| Profit (loss) carried forward14 | €26,635 | €27,183 | €47,186 | €0 | €0 | - |
| Amounts payable17/49 | €98,862 | €87,440 | €89,874 | €75,391 | €138,049 | ▲ 83.1% |
| Amounts payable within one year42/48 | €98,862 | €87,440 | €89,081 | €75,071 | €137,073 | ▲ 82.6% |
| Trade debts44 | €74,340 | €61,667 | €40,804 | €41,594 | €25,516 | ▼ 38.7% |
| Suppliers440/4 | - | €61,667 | €40,804 | €41,594 | €25,516 | ▼ 38.7% |
| Taxes, remuneration and social security45 | - | €15,816 | €16,952 | €33,477 | €42,117 | ▲ 25.8% |
| Taxes450/3 | - | €15,797 | €12,639 | €26,685 | €32,864 | ▲ 23.2% |
| Remuneration and social security454/9 | - | €18 | €4,312 | €6,792 | €9,253 | ▲ 36.2% |
| Other amounts payable47/48 | - | €9,958 | €31,325 | €0 | €69,440 | - |
| Accrued charges and deferred income492/3 | - | - | €793 | €320 | €976 | ▲ 205% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,911 | €27,798 | €20,003 | €41,218 | €118,394 | ▲ 187% |
| + Depreciation and write-downs630 | €9,963 | €6,700 | €2,502 | €3,448 | €21,949 | ▲ 536% |
| Operating cash flow (approximation) | €16,875 | €34,498 | €22,505 | €44,666 | €140,343 | ▲ 214% |
| Investment in fixed assets (approximation) | - | -€4,257 | -€260 | -€27,338 | -€92,825 | ▼ 240% |
| Change in cash | - | -€4,871 | €2,834 | €4,551 | -€31,640 | ▼ 795% |
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
18-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
Financial
Highest result since 2019net €118,394 ▲187%
Operating result €158,257, net result €118,394, both a record.
25-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
31-07
Financial
Weakest financial yearnet €6,911 ▼42.9%
Net result drops to €6,911, the lowest in the series; recovery starts the following year.
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
07-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 252 days late
2019
08-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
09-12
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.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wommelgem · 1 establishment unit since 1986
Ground area
946 m²
Building footprint
149 m²
Volume, LiDAR
679 m³
Parcel 11052C0213/00C005, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EGA
since 19862.037.069.581
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0213/00C005 | Flanders | 946 m² | 1 · 149 m² | 6.8 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.
Subsidies and aid
Flemish government
2025 · 1 entry · 4,455 EUR awarded · 4,455 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,455 EUR | 4,455 EUR |
Similar companies · same sector, comparable size
MOTOREN DESMEDT
BE 0660.977.893
Kontich · Eq €409,234
Off-Grid Services
BE 0795.816.110
Sprimont · Eq €414,269
SIGNELEC
BE 0451.460.665
Fléron · Eq €416,693
VR VANDERSTRAETEN
BE 0460.979.137
Nazareth-De Pinte · Eq €417,429
A.A.Q.
BE 0454.170.826
Tielt-Winge · Eq €418,149
Of 1,242 companies in this sector we hold annual accounts for 954. 717 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded30-04-1986
Fiscal year end31-07
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428922023
Also
9925:BE0428922023
Registered
16-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.