Electrical Panel Service
ActiveThe computed 12-month bankruptcy probability of Electrical Panel Service is 2.4% (moderate). The 2025 annual accounts show equity of €43k and a net result of €23k. Its solvency ranks better than 23% of 7760 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability83
Solvency47
Growth-
Track record67
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.92; short-term debt: 50.3% and cash: 29.3% of total assets), and 78.2% 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 · Young company
A young company has little track record yet and statistically fails more often than an established 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 43
Relative position
BE, all sectors
reference
Sector 43
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
21.8%
Return on assets
11.8%
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 7760 sector peers (2025).
NBB · sector comparisonPosition among 7760 sector peers
Solvency
better than 23%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€43k
Total assets
€199k
Net result
€23k
Working capital
€-8k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €199k
Fixed assets
€107k
Current assets
€92k
Equity and liabilities €199k
Equity
€43k
Debt
€156k
Debt finances 78.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€51k
Cash flow
€46k
Solvency
21.8%
Current ratio
0.92
Quick ratio
0.92
Debt / equity
3.59
ROE
53.9%
ROA
11.8%
Interest coverage
15.13
Debt
€156k
Debt ≤ 1 year
€100k
Debt > 1 year
€55k
Income taxes
€4k
Staff costs
€153k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€199k
Fixed assets21/28€107k
Intangible fixed assets21€23k
Tangible fixed assets22/27€84k
Plant, machinery and equipment23€634
Furniture and vehicles24€25k
Leasing and similar rights25€58k
Current assets29/58€92k
Amounts receivable within one year40/41€28k
Trade receivables40€3k
Other amounts receivable41€25k
Cash at bank and in hand54/58€58k
Deferred charges and accrued income490/1€6k
Equity and liabilities
Total equity and liabilities10/49€199k
Equity10/15€43k
Contributions10/11€20k
Reserves13€23k
Distributable reserves133€23k
Profit (loss) carried forward14€386
Amounts payable17/49€156k
Amounts payable after more than one year17€55k
Financial debts170/4€55k
Amounts payable within one year42/48€100k
Current portion of amounts payable after more than one year42€23k
Trade debts44€15k
Suppliers440/4€15k
Taxes, remuneration and social security45€13k
Remuneration and social security454/9€13k
Other amounts payable47/48€50k
Accrued charges and deferred income492/3€206
Income statement
Code2025
Remuneration, social security and pensions62€153k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k
Other operating charges640/8€824
Gross operating margin9900€205k
Operating profit (loss)9901€28k
Financial income75/76B€3k
Recurring financial income75€3k
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€27k
Income taxes67/77€4k
Profit (loss) for the period9904€23k
Profit (loss) for the period to be appropriated9905€23k
Appropriation of the result
Profit (loss) to be appropriated9906€23k
Transfer to equity691/2€23k
To other reserves6921€23k
Social balance
Average headcount (FTE)90870.3
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
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, Balen · 1 establishment unit since 2024
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.
Poeierstraat 62490 BalenGround area
3,230 m²
Building footprint
1,316 m²
Volume, LiDAR
8,866 m³
Parcel 13342B1320/00H004, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Electrical Panel Service
since 20242.363.346.503
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13342B1320/00H004 | Flanders | 3,230 m² | 1 · 1,316 m² | 8.0 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.
Similar companies · same sector, comparable size
TARGET DISTRIBUTION
BE 0824.873.548
Aalst · Eq €43k
Belgian Innovation Group
BE 0471.668.042
Bekkevoort · Eq €43k
BORRE TECHNICS
BE 0668.370.283
Bekkevoort · Eq €44k
PASCAL DEFERME
BE 0841.195.183
Heusden-Zolder · Eq €44k
EGS TECHNIC
BE 0742.981.990
Ganshoren · Eq €44k
Of 1,123 companies in sector 43212 we hold annual accounts for 420. 348 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2024
Fiscal year end31-12
Abbreviation NL
EPS
Activities, NACEBEL
43212Electrical installation work in industrial facilities
26110Manufacture of computer, electronic and optical products
33140Repair and maintenance of electrical equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress 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.