ELECTRI+
ActiveSummary
The computed 12-month bankruptcy probability of ELECTRI+ is 2.2% (moderate). The 2025 annual accounts show equity of €19k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 27965 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+8
Solvency47▲+11
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.54 in 2024; short-term debt: 28.8% and cash: 0% of total assets), but 78.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
21.6%
Return on assets
11%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 23%
← weakest
strongest →
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
202122232425
2020 to 2025 · latest year €19k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
53 d early
2024
53 d late
2023
29 d late
2022
24 d late
2021
11 d late
2020
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▲ 105%
2024 · €9k
2020: €11k
2021: €11k▲ +5.0% vs 2020
2022: €5k▼ -57.4% vs 2021lowest in 6 years
2023: €5k▲ +14.7% vs 2022
2024: €9k▲ +73.3% vs 2023
2025: €19k▲ +105% vs 2024highest in 6 years
2020 → 2025
Total assets
€90k▲ 7.8%
2024 · €83k
2020: €18klowest in 6 years
2021: €69k▲ +276% vs 2020
2022: €79k▲ +15.5% vs 2021
2023: €71k▼ -10.6% vs 2022
2024: €83k▲ +17.5% vs 2023
2025: €90k▲ +7.8% vs 2024highest in 6 years
2020 → 2025
Net result
€10k▲ 148%
2024 · €4k
2020: €6k
2021: €533▼ -90.5% vs 2020
2022: €-6k▼ -1303% vs 2021lowest in 6 years
2023: €699▲ +111% vs 2022
2024: €4k▲ +472% vs 2023
2025: €10k▲ +148% vs 2024highest in 6 years
2020 → 2025
Working capital
€23k▲ 60.0%
2024 · €14k
2020: €11k
2021: €4k▼ -63.3% vs 2020lowest in 6 years
2022: €8k▲ +104% vs 2021
2023: €10k▲ +20.4% vs 2022
2024: €14k▲ +50.1% vs 2023
2025: €23k▲ +60.0% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€5k▼ 57.4%€5k▲ 14.7%€9k▲ 73.3%€19k▲ 105%
2021: €11k
2022: €5k▼ -57.4% vs 2021lowest in 5 years
2023: €5k▲ +14.7% vs 2022
2024: €9k▲ +73.3% vs 2023
2025: €19k▲ +105% vs 2024highest in 5 years
Operating result€5k-€-2k€4k€8k▲ 81.3%€15k▲ 94.8%
2021: €5k
2022: €-2k▼ -152% vs 2021lowest in 5 years
2023: €4k▲ +277% vs 2022
2024: €8k▲ +81.3% vs 2023
2025: €15k▲ +94.8% vs 2024highest in 5 years
Net result€533-€-6k€699€4k▲ 472%€10k▲ 148%
2021: €533
2022: €-6k▼ -1303% vs 2021lowest in 5 years
2023: €699▲ +111% vs 2022
2024: €4k▲ +472% vs 2023
2025: €10k▲ +148% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 95% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€40k ▼ 1.2%
Current assets
€49k ▲ 18.6%
Equity and liabilities €90k
Equity
€19k ▲ 105%
Debt
€70k ▼ 4.6%
Debt's share of the balance-sheet total falls from 88.6% to 78.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €9k
Cash flow
€12k▲
2024 · €6k
Current ratio
1.89▲
2024 · 1.54
Quick ratio
1.42▲
2024 · 1.03
Debt to equity
3.64▼
2024 · 7.81
ROE
51.2%▲
2024 · 42.3%
ROA
11.0%▲
2024 · 4.8%
Interest coverage
12.36▲
2024 · 7.12
Debt ≤ 1 year
€26k▼
2024 · €27k
Debt > 1 year
€45k▼
2024 · €47k
Income taxes
€3k▲
2024 · €2k
Staff costs
€22k▲
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€83k€90k▲
Formation expenses20€1k€507▼
Fixed assets21/28€41k€40k▼
Tangible fixed assets22/27€41k€40k▼
Land and buildings22€41k€40k▼
Plant, machinery and equipment23-€484
Current assets29/58€41k€49k▲
Stocks and contracts in progress3€13k€12k▼
Stocks30/36€13k€12k▼
Amounts receivable within one year40/41€27k€35k▲
Trade receivables40€24k€34k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58-€0
Deferred charges and accrued income490/1€285€1k▲
Equity and liabilities
Total equity and liabilities10/49€83k€90k▲
Equity10/15€9k€19k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€4k€14k▲
Amounts payable17/49€74k€70k▼
Amounts payable after more than one year17€47k€45k▼
Financial debts170/4€16k€13k▼
Other amounts payable178/9€31k€31k▲
Amounts payable within one year42/48€27k€26k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€10k€13k▲
Taxes450/3€5k€8k▲
Remuneration and social security454/9€5k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€19k€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€30k€40k▲
Operating profit (loss)9901€8k€15k▲
Financial income75/76B€84€58▼
Recurring financial income75€84€58▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€6k€13k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€4k€10k▲
Profit (loss) for the period to be appropriated9905€4k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€14k▲
Profit (loss) brought forward from the previous period14P€460€4k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €9k | €7k | €13k | €19k | €22k | ▲ 15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €418 | €2k | €2k | €2k | €2k | ▲ 0.4% |
| Other operating charges640/8 | €5k | €5k | €2k | €2k | €2k | ▼ 4.0% |
| Gross operating margin9900 | €19k | €12k | €21k | €30k | €40k | ▲ 34.0% |
| Operating profit (loss)9901 | €5k | €-2k | €4k | €8k | €15k | ▲ 94.8% |
| Financial income75/76B | €1 | €113 | €35 | €84 | €58 | ▼ 30.5% |
| Recurring financial income75 | €1 | €113 | €35 | €84 | €58 | ▼ 30.5% |
| Financial charges65/66B | €2k | €2k | €3k | €1k | €1k | ▲ 2.3% |
| Recurring financial charges65 | €2k | €2k | €3k | €1k | €1k | ▲ 2.3% |
| Profit (loss) for the period before taxes9903 | €3k | €-4k | €1k | €6k | €13k | ▲ 112% |
| Income taxes67/77 | €2k | €2k | €769 | €2k | €3k | ▲ 50.7% |
| Profit (loss) for the period9904 | €533 | €-6k | €699 | €4k | €10k | ▲ 148% |
| Profit (loss) for the period to be appropriated9905 | €533 | €-6k | €699 | €4k | €10k | ▲ 148% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69k | €79k | €71k | €83k | €90k | ▲ 7.8% |
| Formation expenses20 | €3k | €3k | €2k | €1k | €507 | ▼ 58.0% |
| Fixed assets21/28 | €44k | €43k | €42k | €41k | €40k | ▼ 1.2% |
| Tangible fixed assets22/27 | €44k | €43k | €42k | €41k | €40k | ▼ 1.2% |
| Land and buildings22 | €44k | €43k | €42k | €41k | €40k | ▼ 2.4% |
| Plant, machinery and equipment23 | - | - | - | - | €484 | - |
| Current assets29/58 | €22k | €34k | €27k | €41k | €49k | ▲ 18.6% |
| Stocks and contracts in progress3 | €5k | €18k | €12k | €13k | €12k | ▼ 9.5% |
| Stocks30/36 | €5k | €18k | €12k | €13k | €12k | ▼ 9.5% |
| Amounts receivable within one year40/41 | €5k | €6k | €7k | €27k | €35k | ▲ 28.4% |
| Trade receivables40 | €3k | €5k | €7k | €24k | €34k | ▲ 38.8% |
| Other amounts receivable41 | €2k | €175 | - | €3k | €2k | ▼ 50.6% |
| Cash at bank and in hand54/58 | €3k | €10k | €4k | - | €0 | - |
| Deferred charges and accrued income490/1 | €9k | - | €4k | €285 | €1k | ▲ 404% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69k | €79k | €71k | €83k | €90k | ▲ 7.8% |
| Equity10/15 | €11k | €5k | €5k | €9k | €19k | ▲ 105% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Capital10 | €5k | - | - | - | - | - |
| Issued capital100 | €5k | - | - | - | - | - |
| Profit (loss) carried forward14 | €6k | €-239 | €460 | €4k | €14k | ▲ 222% |
| Amounts payable17/49 | €58k | €75k | €65k | €74k | €70k | ▼ 4.6% |
| Amounts payable after more than one year17 | €40k | €49k | €48k | €47k | €45k | ▼ 5.2% |
| Financial debts170/4 | €24k | €21k | €19k | €16k | €13k | ▼ 17.6% |
| Other amounts payable178/9 | €16k | €27k | €29k | €31k | €31k | ▲ 1.1% |
| Amounts payable within one year42/48 | €18k | €26k | €18k | €27k | €26k | ▼ 3.6% |
| Current portion of amounts payable after more than one year42 | €3k | €3k | €3k | €3k | €3k | ▲ 2.2% |
| Financial debts43 | - | - | - | €3k | €2k | ▼ 41.5% |
| Credit institutions430/8 | - | - | - | €3k | €2k | ▼ 41.5% |
| Trade debts44 | €8k | €13k | €7k | €11k | €8k | ▼ 23.5% |
| Suppliers440/4 | €8k | €13k | €7k | €11k | €8k | ▼ 23.5% |
| Taxes, remuneration and social security45 | €7k | €10k | €8k | €10k | €13k | ▲ 28.4% |
| Taxes450/3 | €7k | €9k | €6k | €5k | €8k | ▲ 57.9% |
| Remuneration and social security454/9 | - | €2k | €2k | €5k | €5k | ▼ 0.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €533 | €-6k | €699 | €4k | €10k | ▲ 148% |
| + Depreciation and write-downs630 | €418 | €2k | €2k | €2k | €2k | ▲ 0.4% |
| Operating cash flow (approximation) | €951 | €-5k | €2k | €6k | €12k | ▲ 104% |
| Investment in fixed assets (approximation) | - | €-700 | €-700 | €-700 | €-1k | ▼ 70.0% |
| Change in cash | - | €8k | €-6k | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €10k ▲148%
Operating result €15k, net result €10k, both a record.
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €699
Net result €699 after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Herve · 1 establishment unit since 2019
Ground area
894 m²
Building footprint
221 m²
Volume, LiDAR
1,460 m³
Parcel 63010B0086/00B003, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELECTRI+
since 20192.300.572.952
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63010B0086/00B003 | Wallonia | 894 m² | 1 · 221 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 7,149 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Scores and ratios are computed by Checked and are not a credit decision.