ELECTRIBO
ActiveSummary
The computed 12-month bankruptcy probability of ELECTRIBO is 2.5% (moderate). The 2025 annual accounts show equity of €100,079 and a net result of -€5,497. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 28184 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-9
Solvency51▼-49
Growth68=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 4.13 in 2024; short-term debt: 72% and cash: 25.3% of total assets), and 74.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
25.9%
Return on assets
-1.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
55 d late
2023
65 d late
2022
61 d late
2021
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 54 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€920,995▲ 3.2%
2024 · €892,823
EBIT margin
-0.3%▼ 1.6pp
2024 · 1.3%
Net result
-€5,497
2024 · €5,775
Working capital
€63,872▼ 77.7%
2024 · €286,927
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€141,452-€647,068▲ 357%€954,556▲ 47.5%€892,823▼ 6.5%€920,995▲ 3.2%
Operating result€38,570-€221,888▲ 475%€186,577▼ 15.9%€11,682▼ 93.7%-€2,923
Net result€38,555above the sector's middle half-€164,254above the sector's middle half▲ 326%€124,991above the sector's middle half▼ 23.9%€5,775within the sector's middle half▼ 95.4%-€5,497below the sector's middle half
EBIT margin27.3%-34.3%▲ 7.0pp19.5%▼ 14.7pp1.3%▼ 18.2pp-0.3%▼ 1.6pp
Equity€44,555within the sector's middle half-€208,809above the sector's middle half▲ 369%€329,800above the sector's middle half▲ 57.9%€335,576within the sector's middle half▲ 1.8%€100,079within the sector's middle half▼ 70.2%
Total assets€72,964within the sector's middle half-€278,602within the sector's middle half▲ 282%€545,903above the sector's middle half▲ 95.9%€441,728within the sector's middle half▼ 19.1%€387,012above the sector's middle half▼ 12.4%
Debt€28,409-€69,793▲ 146%€216,102▲ 210%€106,152▼ 50.9%€286,933▲ 170%
Working capital€40,882-€187,785▲ 359%€268,129▲ 42.8%€286,927▲ 7.0%€63,872▼ 77.7%
Solvency61.1%within the sector's middle half-74.9%above the sector's middle half▲ 13.9pp60.4%within the sector's middle half▼ 14.5pp76.0%above the sector's middle half▲ 15.6pp25.9%within the sector's middle half▼ 50.1pp
Staff (FTE)2.6-7.4▲ 185%10.3▲ 39.2%1.4below the sector's middle half▼ 86.4%10.2▲ 629%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Staff (FTE) +629% on 2024. The accounts now follow the micro schema, last year the full schema.
- 2024 Net result -95%, Staff (FTE) -86% on 2023. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2,923 after €11,682 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €387,012
Fixed assets
€44,389 ▼ 29.8%
Current assets
€342,624 ▼ 9.5%
Equity and liabilities €387,012
Equity
€100,079 ▼ 70.2%
Debt
€286,933 ▲ 170%
Debt's share of the balance-sheet total rises from 24.0% to 74.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22,713▼
2024 · €35,180
Cash flow
€20,139▼
2024 · €29,273
Current ratio
1.23▼
2024 · 4.13
Quick ratio
1.22▼
2024 · 4.09
Debt to equity
2.87▲
2024 · 0.32
ROE
-5.5%▼
2024 · 1.7%
ROA
-1.4%▼
2024 · 1.3%
Interest coverage
5.20▼
2024 · 7.22
Debt ≤ 1 year
€278,752▲
2024 · €91,592
Debt > 1 year
€8,182▼
2024 · €14,560
Income taxes
€1,126▼
2024 · €3,057
Staff costs
€399,246▲
2024 · €295,151
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 745 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
1.2%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 745 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €141,452 | €647,068 | €954,556 | €892,823 | €920,995 | ▲ 3.2% |
| Goods, raw materials, services and sundry goods60/61 | €67,877 | - | €452,045 | - | €493,013 | - |
| Remuneration, social security and pensions62 | €34,396 | €125,242 | €285,295 | €295,151 | €399,246 | ▲ 35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €127 | €2,786 | €23,545 | €23,498 | €25,636 | ▲ 9.1% |
| Other operating charges640/8 | €482 | €12,238 | €7,093 | €11,095 | €6,022 | ▼ 45.7% |
| Gross operating margin9900 | €73,575 | €362,154 | €502,511 | €341,427 | €427,982 | ▲ 25.4% |
| Operating profit (loss)9901 | €38,570 | €221,888 | €186,577 | €11,682 | -€2,923 | ▼ 125% |
| Financial income75/76B | - | - | €914 | €2,020 | €2,917 | ▲ 44.4% |
| Recurring financial income75 | - | - | €914 | €2,020 | €2,917 | ▲ 44.4% |
| Financial charges65/66B | €15 | €6,504 | €10,802 | €4,870 | €4,364 | ▼ 10.4% |
| Recurring financial charges65 | €15 | €6,504 | €10,802 | €4,870 | €4,364 | ▼ 10.4% |
| Profit (loss) for the period before taxes9903 | €38,555 | €215,384 | €176,689 | €8,833 | -€4,371 | ▼ 149% |
| Income taxes67/77 | - | €51,130 | €51,698 | €3,057 | €1,126 | ▼ 63.2% |
| Profit (loss) for the period9904 | €38,555 | €164,254 | €124,991 | €5,775 | -€5,497 | ▼ 195% |
| Profit (loss) for the period to be appropriated9905 | €38,555 | €164,254 | €124,991 | €5,775 | -€5,497 | ▼ 195% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72,964 | €278,602 | €545,903 | €441,728 | €387,012 | ▼ 12.4% |
| Fixed assets21/28 | €3,673 | €21,024 | €88,274 | €63,209 | €44,389 | ▼ 29.8% |
| Tangible fixed assets22/27 | €3,673 | €20,514 | €87,764 | €62,699 | €43,879 | ▼ 30.0% |
| Plant, machinery and equipment23 | - | - | €3,097 | €1,897 | €697 | ▼ 63.2% |
| Furniture and vehicles24 | €3,673 | €20,514 | €46,916 | €35,093 | €29,593 | ▼ 15.7% |
| Leasing and similar rights25 | - | - | €37,751 | €25,709 | €13,589 | ▼ 47.1% |
| Financial fixed assets28 | - | €510 | €510 | €510 | €510 | = |
| Current assets29/58 | €69,291 | €257,578 | €457,629 | €378,519 | €342,624 | ▼ 9.5% |
| Stocks and contracts in progress3 | - | - | - | €3,500 | €3,350 | ▼ 4.3% |
| Stocks30/36 | - | - | - | €3,500 | €3,350 | ▼ 4.3% |
| Amounts receivable within one year40/41 | €54,130 | €54,894 | €119,267 | €138,484 | €238,594 | ▲ 72.3% |
| Trade receivables40 | €44,499 | €26,619 | €76,435 | €84,505 | €131,806 | ▲ 56.0% |
| Other amounts receivable41 | €9,631 | €28,275 | €42,832 | €53,979 | €106,788 | ▲ 97.8% |
| Cash at bank and in hand54/58 | €14,788 | €201,873 | €337,837 | €234,383 | €97,907 | ▼ 58.2% |
| Deferred charges and accrued income490/1 | €373 | €811 | €524 | €2,153 | €2,772 | ▲ 28.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72,964 | €278,602 | €545,903 | €441,728 | €387,012 | ▼ 12.4% |
| Equity10/15 | €44,555 | €208,809 | €329,800 | €335,576 | €100,079 | ▼ 70.2% |
| Contributions10/11 | €6,000 | €6,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €38,555 | €202,809 | €327,800 | €333,576 | €98,079 | ▼ 70.6% |
| Amounts payable17/49 | €28,409 | €69,793 | €216,102 | €106,152 | €286,933 | ▲ 170% |
| Amounts payable after more than one year17 | - | - | €26,602 | €14,560 | €8,182 | ▼ 43.8% |
| Financial debts170/4 | - | - | €26,602 | €14,560 | €8,182 | ▼ 43.8% |
| Amounts payable within one year42/48 | €28,409 | €69,793 | €189,500 | €91,592 | €278,752 | ▲ 204% |
| Current portion of amounts payable after more than one year42 | - | - | €10,129 | €10,289 | €1,981 | ▼ 80.8% |
| Trade debts44 | €275 | €4,816 | €57,703 | €13,754 | €2,171 | ▼ 84.2% |
| Suppliers440/4 | €275 | €4,816 | €57,703 | €13,754 | €2,171 | ▼ 84.2% |
| Taxes, remuneration and social security45 | €28,134 | €64,449 | €120,966 | €67,548 | €79,100 | ▲ 17.1% |
| Taxes450/3 | - | €44,501 | €81,393 | €43,793 | €47,922 | ▲ 9.4% |
| Remuneration and social security454/9 | €28,134 | €19,948 | €39,572 | €23,755 | €31,178 | ▲ 31.2% |
| Other amounts payable47/48 | - | €528 | €701 | - | €195,500 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,555 | €164,254 | €124,991 | €5,775 | -€5,497 | ▼ 195% |
| + Depreciation and write-downs630 | €127 | €2,786 | €23,545 | €23,498 | €25,636 | ▲ 9.1% |
| Operating cash flow (approximation) | €38,682 | €167,040 | €148,537 | €29,273 | €20,139 | ▼ 31.2% |
| Investment in fixed assets (approximation) | - | -€20,137 | -€90,795 | €1,567 | -€6,816 | ▼ 535% |
| Change in cash | - | €187,085 | €135,964 | -€103,454 | -€136,475 | ▼ 31.9% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€5,497
Net result drops to -€5,497, the lowest in the series.
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 55 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Highest result since 2021net €164,254 ▲326%
Operating result €221,888, net result €164,254, both a record.
31-12
Financial
Equity above €200,000Eq €208,809 ▲369%
2 profitable years in a row build equity to €208,809.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Kraainem · 1 establishment unit since 2021
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
964
companies at this address
See who is registered here
1 establishment unit
ELECTRIBO
since 20212.319.997.795
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 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.
Similar companies · same sector, comparable size
SLCA ELEC
BE 0674.910.063
Ramillies · Eq €100,060
PRO FAST
BE 0790.764.190
Mons · Eq €100,107
E&J
BE 0767.878.427
Brussel · Eq €100,132
MnM SMART ENERGY SOLUTIONS
BE 0849.097.715
Malle · Eq €100,164
Elektricien EDN
BE 0672.449.728
Gistel · Eq €99,990
Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 8,810 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
Founded06-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0769375096
Also
9925:BE0769375096
Registered
03-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.