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Generated 04-09-2026
Active BE 0467.213.564Private limited company (pre-2019)

Electricité Générale RYCKMANS

Rue Sainte Catherine 45 ·7170 Manage, Belgium· 26 yrs active
Sector: General electrical installation work (43211)
Conclusion Checked

Electricité Générale RYCKMANS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14k and a net result of €5k. Its solvency ranks better than 95% of 11123 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €14k
Net result €5k
Better than sector 95%
Active 26 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health100Profitability100Solvency100Growth78Stability100
96 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.9% Low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1999, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2024 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€2k
estimate, not credit advice
Score history
55 2023
100 2024
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 6.97 (≥ 1.5) +10
Quick ratio Quick ratio 6.89 (≥ 1.0) +5
Leverage Debt/equity 0.17 (< 1.0) +10
Profitability ROE 33% (≥ 10%) +10
Interest coverage Interest coverage 26.1× (≥ 3×) +8
Profit trend Net profit up YoY +5
Equity growth Equity growing YoY +3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview25 NBB filings
Annual accounts filed on 24-09-2025 with the NBB · fiscal year 2024 · micro schema
€-10k€-5k€0€5kOperating result 2023: €-8k€-8kNet result 2023: €-8k€-8kOperating result 2024: €5k€5kNet result 2024: €5k€5k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 85.8% 40.8%
better than 95% of 11123 sector peers
Net result €5k €11k
better than 35% of 11107 sector peers
Equity €14k €34k
better than 27% of 11128 sector peers
Gross operating margin €5k €35k
better than 15% of 11096 sector peers
Total assets €17k €94k
better than 7% of 11123 sector peers
EBITDA
€5k
- 23-24
Net profit
€5k
- 23-24
Cash flow
€5k
- 23-24
Total assets
€17k
+21.8% 23-24
Equity
€14k
+48.8% 23-24
Working capital
€14k
+56.0% 23-24
Debt
€2k
-41.9% 23-24
Debt ≤ 1y
€2k
-41.9% 23-24
Current ratio
6.97
+116.3% 23-24
Quick ratio
6.89
+116.9% 23-24
Solvency
85.8%
+22.2% 23-24
Debt / equity
0.17
-61.0% 23-24
ROE
32.8%
- 23-24
ROA
28.1%
- 23-24
Interest coverage
26.08
- 23-24
Figures by fiscal year and ratios
Fiscal year20242023
Depositmicro schemamicro schema
Revenue--
EBITDA€5k€-7k
Net profit€5k€-8k
Cash flow€5k€-7k
Staff costs--
Income taxes--
Dividends--
Total assets€17k€14k
Equity€14k€10k
Debt€2k€4k
of which ≤ 1y€2k€4k
of which > 1y--
Working capital€14k€9k
Employees (FTE)--
Ratios (computed)
20242023
Current ratio6.973.22
Quick ratio6.893.18
Working capital ratio84.8%66.2%
Solvency85.8%70.2%
Debt / equity0.170.42
Long-term debt ratio--
Interest coverage26.08-60.54
Gross margin--
Net margin--
ROA28.1%-56.2%
ROE32.8%-80.0%
EBITDA margin--
Days sales outstanding--
Days payable outstanding--
Inventory turnover--
Days inventory (DSI)--
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code20242023
Balance sheet, Assets
TOTAL ASSETS 20/58€17k€14k
Fixed assets 21/28€162€552
Formation expenses 20€0-
Tangible fixed assets 22/27€162€552
Current assets 29/58€17k€13k
Stocks & contracts in progress 3€184€184
Amounts receivable within one year 40/41€8k€7k
Cash & bank 54/58€8k€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€17k€14k
Equity 10/15€14k€10k
Contributions / capital 10/11€6k€6k
Reserves 13€2k€2k
Accumulated profits (losses) 14€6k€2k
Amounts payable 17/49€2k€4k
Amounts payable within one year 42/48€2k€4k
Trade debts payable within one year 44€369€4k
Income statement
Gross operating margin 9900€5k€-6k
Operating result 9901€5k€-8k
Financial charges 65€204€116
Result before taxes 9903€5k€-8k
Net result for the period 9904€5k€-8k
Result to be appropriated 9905€5k€-8k
Legal Structure
NACE primary General electrical installation work(43211)
Legal form Private limited company (pre-2019)(015)
Incorporation04-11-1999
StatusActive
Postal code7170
Establishment units 1 location
Rue Sainte Catherine 45, 7170 Manage
NACE 4522002
since 19992.094.819.324
Updates 10 events
2025
24-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 6.97
Current ratio from 3.22 to 6.97; short-term debt falls from €4k to €2k.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
03-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
20-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
24-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
26-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
28-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
General electrical installation work4321145310
Names & trade names
Legal nameFR Electricité Générale RYCKMANS
AbbreviationFR E.G.R.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative