ELECTRICAL & NETWORK SOLUTIONS
ActiveELECTRICAL & NETWORK SOLUTIONS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €91k and a net result of €15k. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 7446 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▲+3
Solvency33▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 1.0 against 1.04 in 2023; short-term debt: 55.1% and cash: 11.8% of total assets), and 92.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
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 9% of 7446 sector peers (2024).
NBB · sector comparisonPosition among 7446 sector peers
Solvency
better than 9%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €91k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
37 d early
2022
46 d late
2021
44 d late
2020
64 d early
2019
59 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€91k▲ 19.6%
2023 · €76k
2018: €153k
2019: €177k
2020: €181k
2021: €148k
2022: €65k
2023: €76k
2018 → 2024
Total assets
€1.17M▲ 12.8%
2023 · €1.04M
2018: €1.15M
2019: €1.11M
2020: €1.07M
2021: €1.12M
2022: €1.11M
2023: €1.04M
2018 → 2024
Net result
€15k▲ 26.9%
2023 · €12k
2018: €-11k
2019: €23k
2020: €4k
2021: €-33k
2022: €-83k
2023: €12k
2018 → 2024
Working capital
€-1k
2023 · €19k
2018: €185k
2019: €149k
2020: €158k
2021: €56k
2022: €17k
2023: €19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€181k-€148k▼ 18.2%€65k▼ 56.3%€76k▲ 18.3%€91k▲ 19.6%
Operating result€25k-€-10k€-48k▼ 390%€44k€64k▲ 43.1%
Net result€4k-€-33k€-83k▼ 152%€12k€15k▲ 26.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 43% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.17M
Fixed assets
€525k▼ 4.5%
Current assets
€642k▲ 32.3%
Equity and liabilities €1.17M
Equity
€91k▲ 19.6%
Debt
€1.08M▲ 12.2%
The debt ratio falls from 92.6% to 92.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92k▲
2023 · €48k
Cash flow
€44k▲
2023 · €15k
Solvency
7.8%▲
2023 · 7.4%
Current ratio
1.00▼
2023 · 1.04
Quick ratio
0.91▲
2023 · 0.86
Debt / equity
11.79▼
2023 · 12.56
ROE
16.4%▲
2023 · 15.5%
ROA
1.3%▲
2023 · 1.1%
Interest coverage
2.07▲
2023 · 1.83
Debt
€1.08M▲
2023 · €959k
Debt ≤ 1 year
€643k▲
2023 · €466k
Debt > 1 year
€433k▼
2023 · €453k
Income taxes
€5k▼
2023 · €8k
Staff costs
€846k▲
2023 · €725k
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€1.04M€1.17M▲
Fixed assets21/28€550k€525k▼
Tangible fixed assets22/27€550k€525k▼
Land and buildings22€539k€515k▼
Plant, machinery and equipment23€11k€11k▼
Current assets29/58€485k€642k▲
Stocks and contracts in progress3€83k€54k▼
Stocks30/36€83k€54k▼
Amounts receivable within one year40/41€396k€428k▲
Trade receivables40€360k€356k▼
Other amounts receivable41€36k€72k▲
Cash at bank and in hand54/58€5k€138k▲
Deferred charges and accrued income490/1-€22k
Equity and liabilities
Total equity and liabilities10/49€1.04M€1.17M▲
Equity10/15€76k€91k▲
Contributions10/11€20k€20k=
Reserves13€56k€71k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€38k€53k▲
Amounts payable17/49€959k€1.08M▲
Amounts payable after more than one year17€453k€433k▼
Financial debts170/4€453k€433k▼
Amounts payable within one year42/48€466k€643k▲
Current portion of amounts payable after more than one year42€47k€47k=
Financial debts43€197k€253k▲
Credit institutions430/8€197k€253k▲
Trade debts44€172k€309k▲
Suppliers440/4€172k€309k▲
Taxes, remuneration and social security45€49k€34k▼
Taxes450/3€9k€11k▲
Remuneration and social security454/9€41k€23k▼
Accrued charges and deferred income492/3€40k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€725k€846k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€29k▲
Other operating charges640/8-€5k
Non-recurring operating charges66A€8k€5k▼
Gross operating margin9900€781k€948k▲
Operating profit (loss)9901€44k€64k▲
Financial income75/76B€1k€627▼
Recurring financial income75€1k€627▼
Financial charges65/66B€26k€45k▲
Recurring financial charges65€26k€45k▲
Profit (loss) for the period before taxes9903€19k€20k▲
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€12k€15k▲
Profit (loss) for the period to be appropriated9905€12k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€15k▲
Transfer to equity691/2€12k€15k▲
To contributions691-€0
To other reserves6921€12k€15k▲
Social balance
Average headcount (FTE)9087-14.7
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 46 days late
2022
31-12
Financial
Weakest financial yearnet €-83k
Net result drops to €-83k, the lowest in the series; recovery starts the following year.
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 44 days late
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-05
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
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, Aarschot · 1 establishment unit since 2013
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.
9de liniestraat 11E3200 AarschotGround area
7,817 m²
Building footprint
2,684 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
ENS
since 20132.223.048.869
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24001A0420/00L007 | Flanders | 4,631 m² | 1 · 2,431 m² | - |
| 24001A0420/00D007 | Flanders | 3,186 m² | 1 · 253 m² | - |
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
2022 to 2025 · 2 entries · 817 EUR awarded · 817 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 374 EUR | 374 EUR |
| 2022 | 1 | 443 EUR | 443 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
Rosseel Janneman
BE 1003.076.703
Brugge · Eq €91k
PATTYN DOMOTICA
BE 0820.291.782
Moorslede · Eq €91k
JN Solutions
BE 0763.366.937
Oudsbergen · Eq €91k
GM-Technics
BE 0765.711.070
Heusden-Zolder · Eq €91k
GSA ELECTROTECNICS
BE 0886.774.295
Vilvoorde · Eq €91k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,824 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2013
Fiscal year end31-12
Abbreviation NL
ENS
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.