ELECLAR
ActiveThe computed 12-month bankruptcy probability of ELECLAR is 4.4% (elevated). The 2024 annual accounts show equity of €17k and a net result of €15k. Equity is growing by ~54.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency62=
Growth78=
Track record100
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.6 against 1.58 in 2023; short-term debt: 42.6% and cash: 1.1% of total assets), but 62.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
37.4%
Return on assets
33.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
13 d late
2022
18 d early
2021
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€17k▲ 57.3%
2023 · €11k
2021: €5k
2022: €6k
2023: €11k
2021 → 2024
Total assets
€45k▲ 54.0%
2023 · €29k
2021: €8k
2022: €14k
2023: €29k
2021 → 2024
Net result
€15k▲ 0.5%
2023 · €15k
2021: €811
2022: €5k
2023: €15k
2021 → 2024
Working capital
€12k▲ 7.5%
2023 · €11k
2021: €5k
2022: €6k
2023: €11k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€5k-€6k▲ 28.1%€11k▲ 74.5%€17k▲ 57.3%
Operating result€1k-€6k▲ 440%€16k▲ 178%€17k▲ 4.0%
Net result€811-€5k▲ 560%€15k▲ 182%€15k▲ 0.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 4% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets
€14k
Current assets
€31k
Equity and liabilities €45k
Equity
€17k▲ 57.3%
Debt
€28k▲ 52.0%
The debt ratio falls from 63.4% to 62.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k
Cash flow
€19k
Solvency
37.4%▲
2023 · 36.6%
Current ratio
1.60▲
2023 · 1.58
Quick ratio
1.60▲
2023 · 1.58
Debt / equity
1.67▼
2023 · 1.73
ROE
89.6%▼
2023 · 140.3%
ROA
33.5%▼
2023 · 51.4%
Interest coverage
137.24
Debt
€28k▲
2023 · €19k
Debt ≤ 1 year
€19k▲
2023 · €19k
Debt > 1 year
€9k
Income taxes
€2k▲
2023 · €1k
Staff costs
€262▼
2023 · €399
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€29k€45k▲
Fixed assets21/28-€14k
Tangible fixed assets22/27-€14k
Furniture and vehicles24-€14k
Current assets29/58€29k€31k▲
Amounts receivable within one year40/41€29k€30k▲
Trade receivables40€6k€6k▼
Other amounts receivable41€23k€24k▲
Cash at bank and in hand54/58€32€490▲
Equity and liabilities
Total equity and liabilities10/49€29k€45k▲
Equity10/15€11k€17k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€7k€13k▲
Amounts payable17/49€19k€28k▲
Amounts payable after more than one year17-€9k
Financial debts170/4-€9k
Amounts payable within one year42/48€19k€19k▲
Current portion of amounts payable after more than one year42-€4k
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€15k€9k▼
Income statement
Code20232024
Remuneration, social security and pensions62€399€262▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4k
Other operating charges640/8€610€48▼
Gross operating margin9900€17k€21k▲
Operating profit (loss)9901€16k€17k▲
Financial charges65/66B€69€151▲
Recurring financial charges65€69€151▲
Profit (loss) for the period before taxes9903€16k€17k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€15k€15k▲
Profit (loss) for the period to be appropriated9905€15k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€22k▲
Profit (loss) brought forward from the previous period14P€2k€7k▲
Profit to be distributed694/7€11k€9k▼
Directors or managers695€11k€9k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €15k ▲0.5%
Operating result €17k, net result €15k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 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, Etterbeek · 1 establishment unit since 2020
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.
de Theuxstraat 1561040 EtterbeekGround area
390 m²
Building footprint
273 m²
Volume, LiDAR
4,090 m³
2 parcels, Brussels · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ELECLAR
since 20202.304.291.913
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0477/00L002 | Brussels | 268 m² | 1 · 191 m² | 19.9 m · 6 fl. |
| 21443C0005/00P007 | Brussels | 122 m² | 1 · 83 m² | 17.7 m · 5 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.
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BE 0790.274.836
Kluisbergen · Eq €17k
YK TECH
BE 1006.579.292
Gent · Eq €17k
Evitam
BE 0849.834.420
Gent · Eq €17k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 6,825 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2020
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
33200Installation of industrial machinery and equipment
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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 entryWebsite:www.eleclar.com