Equity
€130,483 ▲ 10.9%
ELECSAM has made a profit without a break since 2018.
ELECSAM
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €209,176 (2025)
€209,176▲ 1.0%
lowest -€45,463 (2017)
€12,846▲ 15×
peak €130,483 (2025)
€130,483▲ 10.9%
€505,707▼ 10.3%
peak 5.1 FTE (2020)
-not published
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Result from €836 to €12,846Investments €39,918Cash from €52,956 to €69,948
Key points
from the 2025 annual accountsTurnover
≈ €620,000 estimated
The accounts state no turnover.
Debts
€505,707 79% of the balance sheet
Financial debts 27%Suppliers 19%Taxes and wages 3%Other 51%
Of this, €369,210 falls due within a year.
Investments
€39,918 2.0 × depreciation
Green is investment, beige is depreciation.
Staff
5 employees on 31-12-2025
In 2025, 1 person joined and 2 left.
Filings
25 annual accounts since 2001
The last five annual accounts were filed 16 to 39 days before the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,985 companies had the same profile as ELECSAM has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
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 497,331 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 3,985 companies, not a prediction for ELECSAM. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0473622987
Changes of role: (statutory director) and (director)
Gazette deed
Registered office moved from Thimister to Verviers
New registered office: Rue de la Vesdre, 6 à 4800 VERVIERS · Previous registered office: Croix Henri-Jacques, 10 à 4890 Thimister · Gazette deed
First establishment
Rue de la Vesdre 6, Verviers
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELECSAM Verviers | €636,190 | €209,176 | 20.5% | - |
| A.S.A. M. PELSSER Welkenraedt | €644,953 | €228,596 | 79.0% | - |
| ALL LIFT ENGINEERING Tongeren-Borgloon | €640,455 | €222,895 | 63.5% | - |
| ELECTRO DESTICKERE Damme | €660,130 | €211,226 | 87.5% | - |
| ELEKTRO E. & A. TANGHE Gistel | €578,294 | €195,609 | 78.3% | 3.5 |
| MATHI Brecht | €594,890 | €190,166 | 49.6% | 2.5 |
| DOMOTIBEL Stabroek | €650,619 | €203,583 | 37.6% | - |
These companies have the same main activity as ELECSAM: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €578,000 and €660,000, founded between 1998 and 2004.
Official details
Source: KBO- Status
- Active since 27-12-2000Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Joint committee
- 124Construction · annual accounts 2022
- Establishment unit
- 2.094.228.4164800 Verviers, since 16-01-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 26-12-2025
Annual accounts 2025
- €636,190▼ 6.6%
- Employeeson 31-12-2025
- 5▼ 16.7%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on ELECSAM
ELECSAM files the micro format. That format states no turnover. The gross margin rose from €20,492 in 2006 to €209,176 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 ELECSAM
- What is the company number of ELECSAM?
- The company number of ELECSAM is 0473.622.987. The VAT number is the same number with BE in front: BE 0473.622.987.
- Where is ELECSAM based?
- The registered office is at Rue de la Vesdre 6, 4800 Verviers.Company details
- What does ELECSAM do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ELECSAM?
- ELECSAM is a private limited company (BV).
- When was ELECSAM founded?
- ELECSAM was founded on 27-12-2000.
- Is ELECSAM still active?
- Yes, ELECSAM is an active enterprise in the KBO register.
- How many employees does ELECSAM have?
- ELECSAM had an average of 5.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ELECSAM fall under?
- In its 2022 annual accounts, ELECSAM states joint committee 124 (Construction).
- What is the turnover of ELECSAM?
- The turnover in financial year 2025 is ≈ €620,000. This figure is estimated from the gross margin of €209,176 and 38 comparable companies (NACE 43211). It probably lies between €420,000 and €770,000.
- Is ELECSAM profitable?
- In financial year 2025, ELECSAM made a profit of €12,846.
- Where can I find the annual accounts of ELECSAM?
- ELECSAM filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELECSAM due?
- ELECSAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.