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ELCALUX

Active
Private limited companyfounded 198739 yrs activeWipakkerstraat(B) 45A, 9290 Berlare, BelgiumKBO/BCE: BE 0431.665.242
Summary

ELCALUX has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,063 and a net result of €487. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 20% of 33943 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisWatch ReportCompare
ELCALUXActiveChecked score 78/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211NACE 45310
#8 oldest company in Berlare, Construction sector1 site
Size
€344,988total assets 2025
Staff
1.8 FTE
Equity
€61,063
Profit
€487
Turnover not published (abridged schema)
Financial health
78 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Accounts 35 d early0 of 2 deeds read
Why 78- Sector Specialised construction activities (NACE 43)- Equity €61,063 (17.7% of total assets)+ Size: total assets €344,988+ Founded in 1987Show the evidence

Checked score

Score 2025
78 / 100
Excellent
Probability in this band: under 0.55%
Better than 21% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 43+4
equity 17.7% of total assets
Liquidity 17-10
short-term debt 68.6% · cash 2.6%
Profitability 31+4
return on assets 0.1%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● 0.0% vs 11-2024 01-2025: 0.4%● 0.0% vs 12-2024 02-2025: 0.4%▲ +0.7% vs 01-2025 03-2025: 0.4%● 0.0% vs 02-2025 04-2025: 0.4%▲ +0.7% vs 03-2025 05-2025: 0.5%▲ +10.2% vs 04-2025 06-2025: 0.5%▼ -0.9% vs 05-2025 07-2025: 0.7%▲ +47.0% vs 06-2025 08-2025: 1.0%▲ +51.5% vs 07-2025highest value 09-2025: 0.3%▼ -73.3% vs 08-2025lowest value 10-2025: 0.3%● 0.0% vs 09-2025lowest value 11-2025: 0.3%● 0.0% vs 10-2025lowest value 12-2025: 0.3%● 0.0% vs 11-2025lowest value 01-2026: 0.3%● 0.0% vs 12-2025lowest value 02-2026: 0.3%▲ +1.8% vs 01-2026 03-2026: 0.3%● 0.0% vs 02-2026 04-2026: 0.3%▲ +2.9% vs 03-2026 05-2026: 0.3%▲ +10.4% vs 04-2026 06-2026: 0.3%▼ -4.1% vs 05-2026 07-2026: 0.5%▲ +67.2% vs 06-2026 08-2026: 0.5%● 0.0% vs 07-2026 09-2026: 0.5%● 0.0% vs 08-2026 10-2026: 0.5%● 0.0% vs 09-2026
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Size: total assets €344,988 lowers the probability for this profile
  • Equity €61,063 (17.7% of total assets) raises the probability
  • Founded in 1987 lowers the probability for this profile
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.27 in 2024; short-term debt: 68.6% and cash: 2.6% of total assets), and 82.3% 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 20%, liquidity 9%, profitability 16%, growth against the median 37%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. 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

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €344,988
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Equity €61,063 (17.7% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1987
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 33943 sector peers (2025).
NBB · sector comparison
Position among 33943 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
19 d late
2023
28 d early
2022
56 d early
2021
65 d early
2020
47 d early
2019
25 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 34 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 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 2025 · micro…
  2. Back to profitnet €487
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Among the weakest 20% on solvencysector median 47.1% · 33,943 companies 17.7% View
  • Active since 1987founded 10-08-1987 39 years View
  • Total assets 20256 fiscal years filed €344,988 View

By topic

Financials

Fiscal year
2025
Total assets
€344,988
Profit
€487
Solvency
17.7%
Total assets▼ 21.1%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 26-06-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 19-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
10-08-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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