ELEC PRO
Open bankruptcyA bankruptcy procedure is open for ELEC PRO according to publications in the Belgian State Gazette; curator: MéLANIE VALLES RUIS. The 2024 annual accounts show equity of €280k and a net result of €-64k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
91 d late
2022
59 d late
2021
75 d late
2020
90 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.15M▲ 167%
2019 · €430k
2018: €359k
2019: €430k
2018 → 2020
EBIT margin
27.6%▲ 27.5pp
2019 · 0.1%
2018: 6.3%
2019: 0.1%
2018 → 2020
Net result
€-64k
2023 · €14k
2018: €22k
2019: €-31k
2020: €317k
2021: €-50k
2022: €-5k
2023: €14k
2018 → 2024
Working capital
€275k▼ 17.6%
2023 · €334k
2018: €96k
2019: €66k
2020: €343k
2021: €306k
2022: €312k
2023: €334k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.15M-
Equity€385k-€334k▼ 13.1%€330k▼ 1.4%€343k▲ 4.2%€280k▼ 18.6%
Operating result€317k-€-47k€61k€89k▲ 44.5%€-56k
Net result€317k-€-50k€-5k▲ 90.6%€14k€-64k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €56k after €89k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €404k
Fixed assets
€4k▼ 55.0%
Current assets
€400k▼ 16.6%
Equity and liabilities €404k
Equity
€280k▼ 18.6%
Debt
€125k▼ 14.4%
The debt ratio rises from 29.8% to 30.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-50k▼
2023 · €97k
Cash flow
€-59k▼
2023 · €22k
Solvency
69.2%▼
2023 · 70.2%
Current ratio
3.21▼
2023 · 3.29
Quick ratio
2.83▼
2023 · 3.29
Debt / equity
0.45▲
2023 · 0.42
ROE
-22.8%▼
2023 · 4.0%
ROA
-15.8%▼
2023 · 2.8%
Interest coverage
-6.82▼
2023 · 1.76
Debt
€125k▼
2023 · €146k
Debt ≤ 1 year
€125k▼
2023 · €146k
Income taxes
€900▼
2023 · €20k
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€489k€404k▼
Fixed assets21/28€9k€4k▼
Tangible fixed assets22/27€9k€4k▼
Furniture and vehicles24€9k€4k▼
Financial fixed assets28€90€90=
Current assets29/58€480k€400k▼
Stocks and contracts in progress3-€47k
Stocks30/36-€47k
Amounts receivable within one year40/41€322k€309k▼
Trade receivables40€285k€263k▼
Other amounts receivable41€38k€46k▲
Cash at bank and in hand54/58€154k€44k▼
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€489k€404k▼
Equity10/15€343k€280k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€335k€272k▼
Amounts payable17/49€146k€125k▼
Amounts payable within one year42/48€146k€125k▼
Trade debts44€115k€104k▼
Suppliers440/4€115k€104k▼
Taxes, remuneration and social security45€20k€21k▲
Taxes450/3€20k€21k▲
Remuneration and social security454/9€5-
Other amounts payable47/48€10k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€26k
Other operating charges640/8€51k€61k▲
Gross operating margin9900€148k€36k▼
Operating profit (loss)9901€89k€-56k▼
Financial charges65/66B€55k€7k▼
Recurring financial charges65€55k€7k▼
Profit (loss) for the period before taxes9903€34k€-63k▼
Income taxes67/77€20k€900▼
Profit (loss) for the period9904€14k€-64k▼
Profit (loss) for the period to be appropriated9905€14k€-64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€335k€272k▼
Profit (loss) brought forward from the previous period14P€322k€335k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
24-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL ELEC PRO AVENUE JOSEPH BAECK 72/14, 1080 MOLENBEEK-SAINT-JEAN · event 17-03-2025
2024
31-12
Financial
Weakest financial yearnet €-64k ▼565%
Net result drops to €-64k, the lowest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 91 days late
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 59 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €317k
Net result €317k after one loss-making year.
31-12
Financial
Equity above €200kEq €385k ▲466%
Equity rises from €68k to €385k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial 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, Sint-Jans-Molenbeek · 1 establishment unit since 2017
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.
Joseph Baecklaan 721080 Sint-Jans-MolenbeekGround area
7,479 m²
Building footprint
282 m²
Volume, LiDAR
9,747 m³
Parcel 21523B0861/00D000, Brussels · tallest building 37.3 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
ELEC PRO
since 20172.260.416.635
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0861/00D000 | Brussels | 7,479 m² | 1 · 282 m² | 37.3 m · 12 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MéLANIE VALLES RUIS DREVE DES RENARDS 8,
1180 UCCLE |
17-03-2025 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,484 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-01-2017
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.