ELECTRA-BREE
ActiveELECTRA-BREE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.46M and a net result of €3k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 7921 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
81
/ 100
Excellent▼ -19 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-24
Solvency90▼-3
Growth50▼-19
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.87 in 2024), but 50.5% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
49.5%
Return on assets
0.1%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d late
2023
20 d late
2022
2 d late
2021
12 d late
2020
9 d late
2019
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€7.05M▼ 6.7%
2024 · €7.56M
2019: €5.71M
2020: €6.27M
2021: €6.78M
2022: €7.56M
2023: €9.19M
2024: €7.56M
2019 → 2025
EBIT margin
0.8%▼ 2.4pp
2024 · 3.2%
2019: 2.8%
2020: 2.0%
2021: 3.2%
2022: 4.0%
2023: 2.6%
2024: 3.2%
2019 → 2025
Net result
€3k▼ 97.9%
2024 · €157k
2019: €96k
2020: €78k
2021: €150k
2022: €216k
2023: €149k
2024: €157k
2019 → 2025
Working capital
€1.11M▲ 1.9%
2024 · €1.09M
2019: €997k
2020: €975k
2021: €1.06M
2022: €1.16M
2023: €1.03M
2024: €1.09M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€6.78M-€7.56M▲ 11.4%€9.19M▲ 21.6%€7.56M▼ 17.8%€7.05M▼ 6.7%
Equity€1.12M-€1.27M▲ 13.9%€1.36M▲ 7.0%€1.46M▲ 7.1%€1.46M▲ 0.2%
Operating result€220k-€303k▲ 37.8%€235k▼ 22.5%€241k▲ 2.5%€53k▼ 77.8%
Net result€150k-€216k▲ 43.5%€149k▼ 30.8%€157k▲ 5.0%€3k▼ 97.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 78% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.96M
Fixed assets
€439k▼ 11.3%
Current assets
€2.52M▲ 7.4%
Equity and liabilities €2.96M
Equity
€1.46M▲ 0.2%
Provisions
€28k=
Debt
€1.47M▲ 8.5%
The debt ratio rises from 47.6% to 49.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€135k▼
2024 · €308k
Cash flow
€85k▼
2024 · €225k
Solvency
49.5%▼
2024 · 51.4%
Current ratio
1.79▼
2024 · 1.87
Quick ratio
1.40▲
2024 · 1.40
Debt / equity
1.00▲
2024 · 0.93
ROE
0.2%▼
2024 · 10.7%
ROA
0.1%▼
2024 · 5.5%
Interest coverage
3.66▼
2024 · 11.03
Debt
€1.47M▲
2024 · €1.35M
Debt ≤ 1 year
€1.41M▲
2024 · €1.25M
Debt > 1 year
€58k▼
2024 · €98k
Income taxes
€13k▼
2024 · €56k
Staff costs
€719k▲
2024 · €703k
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€2.84M€2.96M▲
Fixed assets21/28€494k€439k▼
Tangible fixed assets22/27€494k€439k▼
Plant, machinery and equipment23€137k€141k▲
Furniture and vehicles24€220k€177k▼
Other tangible fixed assets26€137k€121k▼
Current assets29/58€2.35M€2.52M▲
Stocks and contracts in progress3€594k€550k▼
Stocks30/36€594k€550k▼
Amounts receivable within one year40/41€1.30M€1.57M▲
Trade receivables40€939k€1.22M▲
Other amounts receivable41€361k€351k▼
Cash at bank and in hand54/58€452k€395k▼
Equity and liabilities
Total equity and liabilities10/49€2.84M€2.96M▲
Equity10/15€1.46M€1.46M▲
Contributions10/11€400k€400k=
Capital10€400k€400k=
Issued capital100€400k€400k=
Reserves13€1.06M€1.06M▲
Non-distributable reserves130/1€40k€40k=
Legal reserve130€40k€40k=
Distributable reserves133€1.02M€1.02M▲
Provisions and deferred taxes16€28k€28k=
Provisions for liabilities and charges160/5€28k€28k=
Other liabilities and charges164/5€28k€28k=
Amounts payable17/49€1.35M€1.47M▲
Amounts payable after more than one year17€98k€58k▼
Financial debts170/4€98k€58k▼
Amounts payable within one year42/48€1.25M€1.41M▲
Current portion of amounts payable after more than one year42€39k€40k▲
Financial debts43€583k€671k▲
Credit institutions430/8€583k€671k▲
Trade debts44€442k€569k▲
Suppliers440/4€442k€569k▲
Taxes, remuneration and social security45€125k€122k▼
Taxes450/3€15k€19k▲
Remuneration and social security454/9€110k€103k▼
Other amounts payable47/48€65k€5k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Turnover70€7.56M€7.05M▼
Non-recurring operating income76A€826-
Goods, raw materials, services and sundry goods60/61€6.53M€6.19M▼
Remuneration, social security and pensions62€703k€719k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€82k▲
Other operating charges640/8€19k€3k▼
Gross operating margin9900€1.03M€857k▼
Operating profit (loss)9901€241k€53k▼
Financial income75/76B€465-
Recurring financial income75€465-
Financial charges65/66B€28k€37k▲
Recurring financial charges65€28k€37k▲
Profit (loss) for the period before taxes9903€213k€16k▼
Income taxes67/77€56k€13k▼
Profit (loss) for the period9904€157k€3k▼
Profit (loss) for the period to be appropriated9905€157k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€157k€3k▼
Transfer to equity691/2€97k€3k▼
To other reserves6921€97k€3k▼
Profit to be distributed694/7€60k-
Return on contributions (dividend)694€60k-
Social balance
Average headcount (FTE)908711.211.5▲
The notes to these accounts (10 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €3k ▼97.9%
Net result drops to €3k, the lowest in the series.
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2023
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
31-03
Financial
Highest result since 2019net €216k ▲43.5%
Operating result €303k, net result €216k, both a record.
2021
12-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
31-03
Financial
Equity above €1MEq €1.03M ▲3.6%
2 profitable years in a row build equity to €1.03M.
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 30 days late
2018
13-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Bree · 2 establishment units since 2005
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.
Toekomststraat 6A3960 BreeGround area
2.4 ha
Building footprint
5,192 m²
Volume, LiDAR
5,667 m³
2 parcels, Flanders · tallest building 7.0 m. Linked by address, not a title deed.
2 establishment units
Electra Bree
since 20052.182.472.878
Genkelek
since 20252.376.992.918
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71304D1198/00K027 | Flanders | 1.5 ha | 1 · 1,476 m² | - |
| 72402B0842/00A000 | Flanders | 9,246 m² | 1 · 3,716 m² | 7.0 m |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 308 EUR awarded · 308 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 308 EUR | 308 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 970 companies in sector 46431 we hold annual accounts for 699. 416 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-03-2005
Fiscal year end31-03
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
46494Wholesale of non-electrical household articles
47540Retail sale of electrical household appliances
47551Retail sale of household furniture
47591Retail trade
51471
52441
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
5 entriesE-mail:info@electrabree.be
Phone:089 48 04 50
Website:www.genkelek.be/
E-mail:info@genkelek.be
Phone:+3289396777