ELEC 3
ActiveELEC 3 has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €95k and a net result of €57k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 41% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▲+28
Solvency63▲+15
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 0.98 in 2023; short-term debt: 33.9% and cash: 7.1% of total assets), but 61.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
30 d late
2022
31 d late
2021
18 d late
2020
177 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€95k▲ 158%
2023 · €37k
2018: €37k
2019: €45k
2020: €21k
2021: €28k
2022: €35k
2023: €37k
2018 → 2024
Total assets
€247k▲ 51.5%
2023 · €163k
2018: €172k
2019: €155k
2020: €104k
2021: €109k
2022: €151k
2023: €163k
2018 → 2024
Net result
€57k▲ 3,507%
2023 · €2k
2018: €10k
2019: €8k
2020: €-25k
2021: €7k
2022: €7k
2023: €2k
2018 → 2024
Working capital
€58k
2023 · €-3k
2018: €-5k
2019: €16k
2020: €-7k
2021: €12k
2022: €27k
2023: €-3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€28k▲ 33.8%€35k▲ 26.8%€37k▲ 4.5%€95k▲ 158%
Operating result€-24k-€8k€9k▲ 14.1%€2k▼ 79.8%€83k▲ 4,653%
Net result€-25k-€7k€7k▲ 5.8%€2k▼ 78.7%€57k▲ 3,507%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 4,653% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €247k
Fixed assets
€105k▲ 166%
Current assets
€142k▲ 14.8%
Equity and liabilities €247k
Equity
€95k▲ 158%
Debt
€152k▲ 20.4%
The debt ratio falls from 77.4% to 61.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€105k▲
2023 · €16k
Cash flow
€80k▲
2023 · €15k
Solvency
38.5%▲
2023 · 22.6%
Current ratio
1.69▲
2023 · 0.98
Quick ratio
1.69▲
2023 · 0.98
Debt / equity
1.60▼
2023 · 3.43
ROE
60.1%▲
2023 · 4.3%
ROA
23.1%▲
2023 · 1.0%
Interest coverage
12.70▼
2023 · 101.82
Debt
€152k▲
2023 · €126k
Debt ≤ 1 year
€84k▼
2023 · €126k
Debt > 1 year
€68k
Income taxes
€17k
Staff costs
€87k▲
2023 · €55k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€163k€247k▲
Fixed assets21/28€40k€105k▲
Intangible fixed assets21€4k€1k▼
Tangible fixed assets22/27€36k€103k▲
Furniture and vehicles24€36k€103k▲
Financial fixed assets28€497€497=
Current assets29/58€123k€142k▲
Amounts receivable within one year40/41€88k€109k▲
Trade receivables40€78k€106k▲
Other amounts receivable41€10k€3k▼
Cash at bank and in hand54/58€35k€17k▼
Deferred charges and accrued income490/1-€16k
Equity and liabilities
Total equity and liabilities10/49€163k€247k▲
Equity10/15€37k€95k▲
Contributions10/11€35k€35k=
Capital10€35k€35k=
Issued capital100€35k€35k=
Reserves13€1k€4k▲
Non-distributable reserves130/1€1k€4k▲
Legal reserve130€1k€4k▲
Profit (loss) carried forward14€802€56k▲
Amounts payable17/49€126k€152k▲
Amounts payable after more than one year17-€68k
Financial debts170/4-€68k
Amounts payable within one year42/48€126k€84k▼
Current portion of amounts payable after more than one year42-€12k
Trade debts44€46k€31k▼
Suppliers440/4€46k€31k▼
Taxes, remuneration and social security45€20k€32k▲
Taxes450/3€6k€18k▲
Remuneration and social security454/9€14k€13k▼
Other amounts payable47/48€60k€8k▼
Income statement
Code20232024
Remuneration, social security and pensions62€55k€87k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€23k▲
Other operating charges640/8€383€9k▲
Gross operating margin9900€71k€201k▲
Operating profit (loss)9901€2k€83k▲
Financial charges65/66B€153€8k▲
Recurring financial charges65€153€8k▲
Profit (loss) for the period before taxes9903€2k€74k▲
Income taxes67/77-€17k
Profit (loss) for the period9904€2k€57k▲
Profit (loss) for the period to be appropriated9905€2k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€802€59k▲
Profit (loss) brought forward from the previous period14P€-782€2k▲
Transfer to equity691/2-€3k
To the legal reserve6920-€3k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €57k ▲3507%
Operating result €83k, net result €57k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 177 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2020
31-12
Financial
Weakest financial yearnet €-25k ▼392%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Verlaine · 1 establishment unit since 2013
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 Lambotte(CHA) 534537 VerlaineGround area
136 m²
Building footprint
89 m²
Volume, LiDAR
633 m³
Parcel 61011B0513/00K002, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELEC 3
since 20132.222.945.337
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61011B0513/00K002 | Wallonia | 136 m² | 1 · 89 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
6 categoriesELEC 3 SRL35603
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Reno-Levin
BE 0767.987.206
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BOYAS 21
BE 1000.052.677
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DE WITTE
BE 0477.426.971
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,818 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-10-2013
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43240Other construction installation
43299Specialised construction activities
46643Wholesale of electrical equipment, including installation materials
47400Retail sale of information and communication equipment
47430Retail trade
47540Retail sale of electrical household appliances
71121Engineering and related technical consultancy, excluding land surveyors
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.