Electra Technics
ActiveElectra Technics has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €144k and a net result of €71k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 22% of 493 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+3
Solvency44▼-28
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 2.04 in 2023; short-term debt: 69.7% and cash: 44.6% of total assets), and 81.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 493 sector peers (2024).
NBB · sector comparisonPosition among 493 sector peers
Solvency
better than 22%
← weakest
strongest →
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 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
2 d early
2022
31 d early
2021
39 d early
2020
15 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€144k▼ 55.4%
2023 · €323k
2018: €219k
2019: €252k
2020: €276k
2021: €329k
2022: €376k
2023: €323k
2018 → 2024
Total assets
€767k▲ 12.3%
2023 · €683k
2018: €620k
2019: €494k
2020: €428k
2021: €517k
2022: €644k
2023: €683k
2018 → 2024
Net result
€71k▲ 53.2%
2023 · €47k
2018: €12k
2019: €33k
2020: €24k
2021: €53k
2022: €48k
2023: €47k
2018 → 2024
Working capital
€202k▼ 40.0%
2023 · €336k
2018: €193k
2019: €236k
2020: €258k
2021: €353k
2022: €381k
2023: €336k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€276k-€329k▲ 19.1%€376k▲ 14.5%€323k▼ 14.2%€144k▼ 55.4%
Operating result€33k-€72k▲ 120%€65k▼ 9.4%€65k▼ 1.0%€98k▲ 51.7%
Net result€24k-€53k▲ 118%€48k▼ 9.4%€47k▼ 2.4%€71k▲ 53.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 52% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €767k
Fixed assets
€30k▲ 30.9%
Current assets
€737k▲ 11.7%
Equity and liabilities €767k
Equity
€144k▼ 55.4%
Debt
€623k▲ 73.0%
The debt ratio rises from 52.7% to 81.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€110k▲
2023 · €74k
Cash flow
€83k▲
2023 · €56k
Solvency
18.8%▼
2023 · 47.3%
Current ratio
1.38▼
2023 · 2.04
Quick ratio
1.38▼
2023 · 2.04
Debt / equity
4.32▲
2023 · 1.11
ROE
49.4%▲
2023 · 14.4%
ROA
9.3%▲
2023 · 6.8%
Interest coverage
43.20▲
2023 · 33.65
Debt
€623k▲
2023 · €360k
Debt ≤ 1 year
€535k▲
2023 · €323k
Debt > 1 year
€9k▲
2023 · €7k
Income taxes
€25k▲
2023 · €16k
Staff costs
€404k▲
2023 · €359k
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€683k€767k▲
Fixed assets21/28€23k€30k▲
Tangible fixed assets22/27€23k€30k▲
Furniture and vehicles24€23k€30k▲
Current assets29/58€660k€737k▲
Amounts receivable within one year40/41€512k€390k▼
Trade receivables40€459k€337k▼
Other amounts receivable41€53k€53k=
Cash at bank and in hand54/58€146k€342k▲
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€683k€767k▲
Equity10/15€323k€144k▼
Contributions10/11€85k€85k=
Reserves13€238k€59k▼
Non-distributable reserves130/1€9k€9k=
Reserves not available under the articles1311€9k€9k=
Distributable reserves133€229k€51k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€360k€623k▲
Amounts payable after more than one year17€7k€9k▲
Financial debts170/4€7k€9k▲
Amounts payable within one year42/48€323k€535k▲
Current portion of amounts payable after more than one year42€6k€12k▲
Financial debts43€5k€5k▼
Credit institutions430/8€5k€5k▼
Trade debts44€186k€226k▲
Suppliers440/4€186k€226k▲
Taxes, remuneration and social security45€25k€42k▲
Taxes450/3€837€437▼
Remuneration and social security454/9€24k€41k▲
Other amounts payable47/48€101k€250k▲
Accrued charges and deferred income492/3€29k€79k▲
Income statement
Code20232024
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€359k€404k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€1k€17k▲
Gross operating margin9900€435k€530k▲
Operating profit (loss)9901€65k€98k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€63k€96k▲
Income taxes67/77€16k€25k▲
Profit (loss) for the period9904€47k€71k▲
Profit (loss) for the period to be appropriated9905€47k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€71k▲
Transfer from equity791/2€53k€179k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€100k€250k▲
Return on contributions (dividend)694€100k€250k▲
Social balance
Average headcount (FTE)90877.27.5▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €71k ▲53.2%
Operating result €98k, net result €71k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Aalst · 1 establishment unit since 2011
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.
Wijngaardveld 299300 AalstGround area
1.5 ha
Building footprint
6,592 m²
Volume, LiDAR
46,713 m³
Parcel 41303D0161/00E000, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELEKTRA TECHNICS
since 20112.208.170.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303D0161/00E000 | Flanders | 1.5 ha | 1 · 6,592 m² | 11.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2022 to 2025 · 3 entries · 4,860 EUR awarded · 4,860 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 2,565 EUR |
| 2024 | 1 | 2,565 EUR | 0 EUR |
| 2022 | 1 | 2,295 EUR | 2,295 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesElectra Technics BV39253
Similar companies · same sector, comparable size
BEN MONTAGE
BE 0476.759.453
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BE 0735.656.314
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BATOS ENGINEERING
BE 0473.676.833
Diest · Eq €143k
F.HETA
BE 0768.910.090
Sint-Truiden · Eq €143k
Renaud de Menten
BE 0721.544.396
Villers-le-Bouillet · Eq €142k
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 699 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2011
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.