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EKN

Active
Private limited companyfounded 2022active for 3 yearsMagazijnstraat 7, 3550 Heusden-Zolder, Belgium12 active companies are registered at this addressKBO/BCE: BE 0795.258.062
Summary

The computed 12-month bankruptcy probability of EKN is 4.7% (elevated). The 2024 annual accounts show equity of €6,398 and a net result of -€1,401. Its solvency ranks better than 24% of 35,968 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€28,904total assets 2024
Equity
€6,398
Loss
-€1,401
Turnover not published (micro format)
Financial health
36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.7%
Structure
Accounts 77 days overdue0 of 1 deed read
Why 36raises riskFigures for financial year 2024 (filed 05-10-2025)1 financial year not filed after the legal deadline; latest accounts 66 days late; 2 of the last 3 lateFounded in 2022lowers riskLiquidity: current ratio 1.17, cash €6,225Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 21% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 47-3
equity 22.1% of total assets
Liquidity 36+6
short-term debt 75.3% · cash 21.5%
Profitability 27-69
return on assets -4.8%
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,554 companies, NACE 43, micro)
Last 24 months 11-2024: 2.6%lowest value 12-2024: 2.7%▲ +0.1 percentage points vs 11-2024 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 2.8%▲ +0.1 percentage points vs 03-2025 05-2025: 2.8%● unchanged vs 04-2025 06-2025: 2.8%● unchanged vs 05-2025 07-2025: 2.8%● unchanged vs 06-2025 08-2025: 3.4%▲ +0.6 percentage points vs 07-2025 09-2025: 3.7%▲ +0.3 percentage points vs 08-2025 10-2025: 5.2%▲ +1.5 percentage points vs 09-2025highest value 11-2025: 2.7%▼ -2.5 percentage points vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 2.7%● unchanged vs 02-2026 04-2026: 2.8%▲ +0.1 percentage points vs 03-2026 05-2026: 2.8%● unchanged vs 04-2026 06-2026: 2.9%▲ +0.1 percentage points vs 05-2026 07-2026: 2.9%● unchanged vs 06-2026 08-2026: 3.5%▲ +0.6 percentage points vs 07-2026 09-2026: 3.4%▼ -0.1 percentage points vs 08-2026 10-2026: 4.7%▲ +1.3 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.17, compared with 1.18 in 2023, below the usual 1.5; short-term debt: 75.3% and cash: 21.5% of total assets), and 77.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 24% on solvency, 24% on liquidity, 15% on profitability and 19% on growth.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 05-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 66 days late; 2 of the last 3 late
NBB · filings
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.17, cash €6,225
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 35968 sector peers (2024).
NBB · sector comparison
Position among 35968 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-10-2025, 66 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
66 days late
2023
64 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 65 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Among the weakest 14% on equitysector median €58,308 · 35,985 companies €6,398 View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Total assets 20242 financial years filed €28,904 View

By topic

Financials

Financial year
2024
Total assets
€28,904
Loss
-€1,401
Solvency
22.1%
Total assets▼ 8.6%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
22-12-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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