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ELEC OHM SERVICE

Active
Private limited companyfounded 201114 yrs activeRue de la Croisette 6, 5575 Gedinne, BelgiumKBO/BCE: BE 0841.774.611
Summary

ELEC OHM SERVICE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €5k. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 88% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
85 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+11
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 5.31 against 5.58 in 2024; short-term debt: 18.8% and cash: 58.8% of total assets), and 18.8% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
81.2%
Return on assets
17.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 d early
2024
58 d early
2023
55 d early
2022
42 d early
2021
41 d early
2020
47 d early
2019
59 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
24-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€25k=
2024 · €25k
2018: €60k 2019: €60k 2020: €69k 2021: €56k 2022: €58k 2023: €29k 2024: €25k
2018 → 2025
Total assets
€31k▲ 1.1%
2024 · €30k
2018: €80k 2019: €72k 2020: €75k 2021: €74k 2022: €69k 2023: €66k 2024: €30k
2018 → 2025
Net result
€5k▲ 1,600%
2024 · €312
2018: €5k 2019: €2k 2020: €9k 2021: €6k 2022: €2k 2023: €5k 2024: €312
2018 → 2025
Working capital
€25k=
2024 · €25k
2018: €56k 2019: €55k 2020: €66k 2021: €54k 2022: €57k 2023: €28k 2024: €25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€56k-€58k▲ 3.8%€29k▼ 50.8%€25k▼ 12.9%€25k=
Operating result€8k-€3k▼ 56.5%€7k▲ 112%€497▼ 93.0%€7k▲ 1,390%
Net result€6k-€2k▼ 64.2%€5k▲ 141%€312▼ 93.8%€5k▲ 1,600%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2k€4k€6k€8kOperating result 2021: €8k€8kNet result 2021: €6k€6kOperating result 2022: €3k€3kNet result 2022: €2k€2kOperating result 2023: €7k€7kNet result 2023: €5k€5kOperating result 2024: €497€497Net result 2024: €312€312Operating result 2025: €7k€7kNet result 2025: €5k€5k20212022202320242025€0€2k€4k€6k€8kOperating result 2023: €7k€7.1kNet result 2023: €5k€5.1kOperating result 2024: €497€497Net result 2024: €312€312Operating result 2025: €7k€7.4kNet result 2025: €5k€5.3k202320242025
The operating result recovers in 2025; 2025 is 1,390% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €31k
Equity €25k =
Debt €6k ▲ 6.3%
Debt's share of the balance-sheet total rises from 17.9% to 18.8%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
5.31
2024 · 5.58
Quick ratio
3.85
2024 · 3.14
Debt to equity
0.23
2024 · 0.22
ROE
21.4%
2024 · 1.3%
ROA
17.3%
2024 · 1.0%
Debt ≤ 1 year
€6k
2024 · €5k
Income taxes
€2k
2024 · €264
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€30k€31k
Current assets29/58€30k€31k
Stocks and contracts in progress3€13k€8k
Stocks30/36€13k€8k
Amounts receivable within one year40/41€7k€4k
Trade receivables40€7k€4k
Other amounts receivable41€162€398
Cash at bank and in hand54/58€10k€18k
Deferred charges and accrued income490/1€122€124
Equity and liabilities
Total equity and liabilities10/49€30k€31k
Equity10/15€25k€25k=
Contributions10/11€6k€6k=
Reserves13€19k€19k=
Distributable reserves133€19k€19k=
Amounts payable17/49€5k€6k
Amounts payable within one year42/48€5k€6k
Trade debts44€112€239
Suppliers440/4€112€239
Taxes, remuneration and social security45€228€86
Taxes450/3€228€86
Other amounts payable47/48€5k€5k
Income statement Code20242025
Non-recurring operating income76A-€331
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€687-
Other operating charges640/8€451€638
Gross operating margin9900€2k€8k
Operating profit (loss)9901€497€7k
Financial income75/76B€119€47
Recurring financial income75€119€47
Financial charges65/66B€40€42
Recurring financial charges65€40€42
Profit (loss) for the period before taxes9903€576€7k
Income taxes67/77€264€2k
Profit (loss) for the period9904€312€5k
Profit (loss) for the period to be appropriated9905€312€5k
Appropriation of the result
Profit (loss) to be appropriated9906€312€5k
Transfer from equity791/2€4k-
Profit to be distributed694/7€4k€5k
Return on contributions (dividend)694€4k€5k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €312 ▼93.8%
Net result drops to €312, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 5.58
Current ratio from 1.75 to 5.58; short-term debt falls from €37k to €5k.
06-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €9k ▲256%
Operating result €10k, net result €9k, both a record.
02-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are 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, Gedinne · 1 establishment unit since 2012
establishment The establishment unit on the map
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 de la Croisette 65575 Gedinne
Ground area
3,352 m²
Building footprint
520 m²
Volume, LiDAR
3,081 m³
2 parcels, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELEC OHM SERVICE
Rue de Dinant 5, 5575 GedinneManufacture of furniture
since 20122.206.670.519
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91054A0473/02M000 Wallonia 2,638 m² 1 · 210 m² 7.9 m · 2 fl.
91054A0323/00K000 Wallonia 714 m² 1 · 310 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,451 companies in sector 41003 we hold annual accounts for 1,054. 638 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
E-mail:info@elec-ohm-service.net
Enterprise
E-mail:thierry@jacquemin.eu
Enterprise
Phone:061/588608
Enterprise