ELEC-YE
ActiveELEC-YE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €19k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 47% of 179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-8
Solvency69▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 2.03 in 2024; short-term debt: 49.1% and cash: 44% of total assets), but 56.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← 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
43.9%
Return on assets
6.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €120k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filingsDeviation from the deadline
2025
24 d late
2024
6 d late
2023
2 d early
2022
11 d late
2021
3 d late
2020
26 d late
2019
26 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▲ 17.5%
2024 · €102k
2018: €95k
2019: €95k
2020: €131k
2021: €77k
2022: €89k
2023: €69k
2024: €102k
2018 → 2025
Total assets
€273k▲ 4.2%
2024 · €262k
2018: €318k
2019: €245k
2020: €258k
2021: €175k
2022: €184k
2023: €175k
2024: €262k
2018 → 2025
Net result
€19k▼ 45.2%
2024 · €34k
2018: €9k
2019: €3k
2020: €36k
2021: €-54k
2022: €11k
2023: €30k
2024: €34k
2018 → 2025
Working capital
€109k▼ 15.7%
2024 · €129k
2018: €80k
2019: €86k
2020: €113k
2021: €62k
2022: €76k
2023: €57k
2024: €129k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€89k▲ 14.7%€69k▼ 22.7%€102k▲ 48.3%€120k▲ 17.5%
Operating result€-47k-€8k€33k▲ 293%€54k▲ 67.2%€31k▼ 42.5%
Net result€-54k-€11k€30k▲ 163%€34k▲ 13.8%€19k▼ 45.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €273k
Fixed assets
€30k▲ 299%
Current assets
€243k▼ 4.5%
Equity and liabilities €273k
Equity
€120k▲ 17.5%
Debt
€153k▼ 4.3%
The debt ratio falls from 61.1% to 56.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▼
2024 · €59k
Cash flow
€26k▼
2024 · €39k
Solvency
43.9%▲
2024 · 38.9%
Current ratio
1.81▼
2024 · 2.03
Quick ratio
1.76▼
2024 · 1.98
Debt / equity
1.28▼
2024 · 1.57
ROE
15.6%▼
2024 · 33.4%
ROA
6.8%▼
2024 · 13.0%
Interest coverage
6.11▼
2024 · 13.17
Debt
€153k▼
2024 · €160k
Debt ≤ 1 year
€134k▲
2024 · €125k
Debt > 1 year
€19k
Income taxes
€6k▼
2024 · €16k
Staff costs
€4k▼
2024 · €5k
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€262k€273k▲
Fixed assets21/28€7k€30k▲
Tangible fixed assets22/27€7k€30k▲
Plant, machinery and equipment23€1k€671▼
Furniture and vehicles24€6k€29k▲
Financial fixed assets28€687-
Current assets29/58€254k€243k▼
Stocks and contracts in progress3€7k€7k▼
Stocks30/36€7k€7k▼
Amounts receivable within one year40/41€213k€115k▼
Trade receivables40€207k€102k▼
Other amounts receivable41€5k€13k▲
Cash at bank and in hand54/58€32k€120k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€262k€273k▲
Equity10/15€102k€120k▲
Contributions10/11€19k€19k=
Reserves13€83k€101k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€81k€99k▲
Amounts payable17/49€160k€153k▼
Amounts payable after more than one year17-€19k
Other amounts payable178/9-€19k
Amounts payable within one year42/48€125k€134k▲
Current portion of amounts payable after more than one year42€5k€12k▲
Trade debts44€53k€55k▲
Suppliers440/4€53k€55k▲
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k-
Remuneration and social security454/9-€3k
Other amounts payable47/48€63k€64k▲
Accrued charges and deferred income492/3€35k-
Income statement
Code20242025
Remuneration, social security and pensions62€5k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€1k€58▼
Gross operating margin9900€66k€42k▼
Operating profit (loss)9901€54k€31k▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€50k€25k▼
Income taxes67/77€16k€6k▼
Profit (loss) for the period9904€34k€19k▼
Profit (loss) for the period to be appropriated9905€34k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€19k▼
Transfer to equity691/2€33k€18k▼
To other reserves6921€33k€18k▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (7 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Equity above €100kEq €102k ▲48.3%
3 profitable years in a row build equity to €102k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
31-12
Financial
Weakest financial yearnet €-54k ▼247%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Highest result since 2018net €36k ▲1303%
Operating result €57k, net result €36k, both a record.
31-12
Financial
Equity above €100kEq €131k ▲37.2%
3 profitable years in a row build equity to €131k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Evere · 1 establishment unit since 2007
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.
G. Van Leeuwlaan 171140 Evere1 establishment unit
G. Van Leeuwlaan 17, 1140 Evere
since 20072.169.080.049
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Of 562 companies in sector 35150 we hold annual accounts for 230. 136 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2007
Fiscal year end31-12
Activities, NACEBEL
35150Electricity, gas, steam and air conditioning supply
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filings
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.