ELEC.S
ActiveELEC.S has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €17k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 29% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+19
Solvency53=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.2 in 2024; short-term debt: 69.7% and cash: 2.7% of total assets), and 72% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28%
Return on assets
4.8%
Age of the figures
9 mo
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
35 d early
2023
30 d late
2022
31 d late
2021
11 d late
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€100k▼ 2.4%
2024 · €103k
2018: €45k
2019: €47k
2020: €51k
2021: €63k
2022: €69k
2023: €96k
2024: €103k
2018 → 2025
Total assets
€359k▼ 1.0%
2024 · €362k
2018: €176k
2019: €217k
2020: €308k
2021: €326k
2022: €388k
2023: €333k
2024: €362k
2018 → 2025
Net result
€17k▲ 86.8%
2024 · €9k
2018: €10k
2019: €2k
2020: €5k
2021: €11k
2022: €20k
2023: €36k
2024: €9k
2018 → 2025
Working capital
€54k▲ 6.9%
2024 · €50k
2018: €43k
2019: €18k
2020: €21k
2021: €34k
2022: €18k
2023: €44k
2024: €50k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€69k▲ 10.8%€96k▲ 38.1%€103k▲ 7.4%€100k▼ 2.4%
Operating result€26k-€32k▲ 26.6%€66k▲ 104%€22k▼ 67.3%€35k▲ 60.1%
Net result€11k-€20k▲ 73.3%€36k▲ 84.0%€9k▼ 74.6%€17k▲ 86.8%
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 2025; 2025 is 60% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €359k
Fixed assets
€55k▼ 14.9%
Current assets
€304k▲ 2.0%
Equity and liabilities €359k
Equity
€100k▼ 2.4%
Debt
€258k▼ 0.4%
The debt ratio rises from 71.6% to 72.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€47k▲
2024 · €34k
Cash flow
€29k▲
2024 · €21k
Solvency
28.0%▼
2024 · 28.4%
Current ratio
1.22▲
2024 · 1.20
Quick ratio
0.22▲
2024 · 0.21
Debt / equity
2.57▲
2024 · 2.52
ROE
17.2%▲
2024 · 9.0%
ROA
4.8%▲
2024 · 2.5%
Interest coverage
6.13▲
2024 · 4.04
Debt
€258k▼
2024 · €259k
Debt ≤ 1 year
€250k▲
2024 · €247k
Debt > 1 year
€8k▼
2024 · €12k
Income taxes
€10k▲
2024 · €5k
Staff costs
€137k▲
2024 · €99k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€362k€359k▼
Fixed assets21/28€65k€55k▼
Tangible fixed assets22/27€64k€55k▼
Plant, machinery and equipment23€47k€41k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€16k€13k▼
Financial fixed assets28€291€291=
Current assets29/58€298k€304k▲
Stocks and contracts in progress3€247k€248k▲
Stocks30/36€247k€248k▲
Amounts receivable within one year40/41€34k€45k▲
Trade receivables40€34k€45k▲
Other amounts receivable41€166-
Cash at bank and in hand54/58€17k€10k▼
Deferred charges and accrued income490/1-€574
Equity and liabilities
Total equity and liabilities10/49€362k€359k▼
Equity10/15€103k€100k▼
Contributions10/11€20k€20k=
Reserves13€65k€63k▼
Distributable reserves133€65k€63k▼
Profit (loss) carried forward14€17k€17k=
Amounts payable17/49€259k€258k▼
Amounts payable after more than one year17€12k€8k▼
Financial debts170/4€12k€8k▼
Amounts payable within one year42/48€247k€250k▲
Current portion of amounts payable after more than one year42€8k€5k▼
Financial debts43€9k€7k▼
Credit institutions430/8€9k€7k▼
Trade debts44€92k€81k▼
Suppliers440/4€92k€81k▼
Advances received on contracts in progress46€4k€10k▲
Taxes, remuneration and social security45€61k€44k▼
Taxes450/3€34k€15k▼
Remuneration and social security454/9€26k€29k▲
Other amounts payable47/48€74k€104k▲
Income statement
Code20242025
Remuneration, social security and pensions62€99k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▼
Other operating charges640/8€805€4k▲
Gross operating margin9900€134k€188k▲
Operating profit (loss)9901€22k€35k▲
Financial income75/76B€1k€203▼
Recurring financial income75€1k€203▼
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€14k€27k▲
Income taxes67/77€5k€10k▲
Profit (loss) for the period9904€9k€17k▲
Profit (loss) for the period to be appropriated9905€9k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€34k▲
Profit (loss) brought forward from the previous period14P€17k€17k=
Transfer from equity791/2€2k€20k▲
Transfer to equity691/2€9k€17k▲
To other reserves6921€9k€17k▲
Profit to be distributed694/7€2k€20k▲
Return on contributions (dividend)694€2k€20k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €103k ▲7.4%
7 profitable years in a row build equity to €103k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €36k ▲84%
Operating result €66k, net result €36k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Weakest financial yearnet €2k ▼78.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Erquelinnes · 1 establishment unit since 2002
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 Maubeuge 5 A6560 ErquelinnesGround area
1,638 m²
Building footprint
159 m²
Volume, LiDAR
1,585 m³
2 parcels, Wallonia · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CASAMIA
since 20022.098.976.169
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56022B0189/00E005indicative | Wallonia | 1,482 m² | 1 · 106 m² | 12.1 m · 3 fl. |
| 56022B0444/00C111 | Wallonia | 156 m² | 1 · 53 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,524 companies in sector 43222 we hold annual accounts for 5,657. 4,901 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2002
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
47540Retail sale of electrical household appliances
43211General electrical installation work
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:INFO@MECABEL.BE