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EL-VEKO

Active
Private limited companyfounded 201511 yrs activeSchave 15, 9800 Deinze, BelgiumKBO/BCE: BE 0629.844.853
Summary

EL-VEKO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €480,002 and a net result of €81,117. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 332 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
EL-VEKOActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€561,620total assets 2026
Staff
1.6 FTE
Equity
€480,002
Profit
€81,117
Turnover not published (abridged schema)
Financial health
97 Excellent Checked score 2026
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 38 d early0 of 3 deeds read
Why 97- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 5.84, cash €158,946+ Equity €480,002 (85.5% of total assets)+ Figures for FY 2026 (filed 23-09-2026)Show the evidence

Checked score

Score 2026
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 74% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2025
Strong
Solvency 100+1
equity 85.5% of total assets
Liquidity 84+16
short-term debt 12.8% · cash 28.3%
Profitability 87-1
return on assets 14.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%● 0.0% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.2%● 0.0% vs 03-2025 05-2025: 0.2%● 0.0% vs 04-2025 06-2025: 0.2%▼ -1.2% vs 05-2025 07-2025: 0.3%▲ +14.2% vs 06-2025 08-2025: 0.3%▼ -4.3% vs 07-2025 09-2025: 0.3%▲ +26.4% vs 08-2025 10-2025: 0.4%▲ +17.9% vs 09-2025highest value 11-2025: 0.1%▼ -85.8% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▲ +1.8% vs 02-2026 04-2026: 0.1%▼ -3.4% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%▼ -1.8% vs 05-2026 07-2026: 0.1%▲ +14.5% vs 06-2026 08-2026: 0.1%▼ -6.3% vs 07-2026 09-2026: 0.1%▲ +25.4% vs 08-2026 10-2026: < 0.1%▼ -36.5% vs 09-2026lowest value
  • Liquidity: current ratio 5.84, cash €158,946 lowers the probability
  • Equity €480,002 (85.5% of total assets) lowers the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Figures for FY 2026 (filed 23-09-2026) lowers the probability
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 5.84 against 2.95 in 2025; short-term debt: 12.8% and cash: 28.3% of total assets), and 14.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 81%, profitability 72%, growth against the median 53%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 5.84, cash €158,946
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €480,002 (85.5% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Figures for FY 2026 (filed 23-09-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-09-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
38 d early
2025
31 d early
2024
27 d early
2023
15 d early
2022
24 d early
2021
5 d early
2020
23 d early
← 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 23 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 4 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · micro…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Among the best 5% on equitysector median €65,777 · 334 companies €480,002 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €81,117 8 years View

By topic

Financials

Fiscal year
2026
Total assets
€561,620
Profit
€81,117
Solvency
85.5%
Total assets▼ 5.3%
Net result
20192026
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-10-2027
  1. 23-09-2026Annual accounts filed
  2. 30-09-2025Annual accounts filed
  3. 04-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
05-05-2015
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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