Equity
€77,981 ▲ 7.8%
ELEC SOLUTION has made a profit in every financial year since 2020.
ELEC SOLUTION
Lifetime
6 annual accounts with figures on one time axispeak €61,144 (2024)
€3,658▼ 94.0%
peak €32,541 (2024)
€5,634▼ 82.7%
peak €77,981 (2025)
€77,981▲ 7.8%
€18,671▼ 25.8%
Board1 name since 2019
-
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Turnover from €153,809 to €476,759Gross margin from €61,144 to €3,658Result from €32,541 to €5,634Debts from €25,179 to €18,671Cash from €2,505 to €13,050
Key points
from the 2025 annual accountsTurnover
€476,759 ▲ 210%
Turnover rose in 2025 from €153,809 to €476,759.
Liquidity
5.40 was 3.98 in 2024
Short-term debts fell from €24,202 to €17,695.
Filings
6 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Starting capital
€3,000 100 shares
Position in the sector
80.7%
Higher solvency than 85% of companies in specialised construction. Sector median 46.8% · 37,240 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as ELEC SOLUTION has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,973 companies, not a prediction for ELEC SOLUTION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
last known boardDirector, last mentioned in 2019
- 100 sharesdeed of 19-08-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0732620907
First establishment
Fonteinstraat 16, Brussels
Incorporation
Founding capital of €3,000, 100 shares · Founder: (fondateur et comparant) · Appointment: (director) · published on 19-08-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELEC SOLUTION Brussels | €96,653 | €3,658 | 80.7% | - |
| DNR TECHNICS Leopoldsburg | €88,260 | €3,779 | 62.4% | - |
| F.S.T.W. Balen | €110,092 | €2,828 | 87.1% | - |
| SILECTRIC TECHNICS Genk | €95,586 | €4,413 | 13.1% | - |
| VASCOR Merelbeke-Melle | €111,592 | €4,597 | 73.0% | - |
| NETCEL Ghent | €91,415 | €4,923 | 78.8% | - |
| ESW Electro Wielsbeke | €110,152 | €5,678 | 73.9% | - |
These companies have the same main activity as ELEC SOLUTION: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €88,300 and €112,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 14-08-2019Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.292.219.4701000 Brussels, since 19-08-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Insights on ELEC SOLUTION
ELEC SOLUTION files the micro format. That format states no turnover. The gross margin fell from €14,250 in 2020 to €3,658 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ELEC SOLUTION
- What is the company number of ELEC SOLUTION?
- The company number of ELEC SOLUTION is 0732.620.907. The VAT number is the same number with BE in front: BE 0732.620.907.
- Where is ELEC SOLUTION based?
- The registered office is at Fonteinstraat 16, 1000 Brussels.Company details
- What does ELEC SOLUTION do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ELEC SOLUTION?
- ELEC SOLUTION is a private limited company (BV).
- When was ELEC SOLUTION founded?
- ELEC SOLUTION was founded on 14-08-2019.
- Is ELEC SOLUTION still active?
- Yes, ELEC SOLUTION is an active enterprise in the KBO register.
- What is the turnover of ELEC SOLUTION?
- The turnover of ELEC SOLUTION was €476,759 in financial year 2025, according to the filed annual accounts.Financials
- Is ELEC SOLUTION profitable?
- In financial year 2025, ELEC SOLUTION made a profit of €5,634.
- Where can I find the annual accounts of ELEC SOLUTION?
- ELEC SOLUTION filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELEC SOLUTION due?
- ELEC SOLUTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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