ELECTRICITEITSWERKEN ELECTRO DRD
ActiveThe annual accounts of ELECTRICITEITSWERKEN ELECTRO DRD for fiscal year 2025 show a net loss of 93% of the equity at the start of that year. The 2025 annual accounts show equity of €6k and a net result of €-70k. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 8636 sector peers (fiscal year 2025). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-47
Solvency27▼-15
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.11 against 1.29 in 2024; short-term debt: 77.7% and cash: 1.8% of total assets), and 98.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 · 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
1.6%
Return on assets
-19.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8636 sector peers (2025).
NBB · sector comparisonPosition among 8636 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
40 d late
2023
50 d late
2022
on the day
2021
3 d early
2020
2 d early
2019
74 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€6k▼ 92.5%
2024 · €76k
2019: €12k
2020: €26k
2021: €47k
2022: €66k
2023: €74k
2024: €76k
2019 → 2025
Total assets
€357k▼ 20.9%
2024 · €451k
2019: €508k
2020: €459k
2021: €515k
2022: €396k
2023: €432k
2024: €451k
2019 → 2025
Net result
€-70k
2024 · €2k
2019: €107k
2020: €14k
2021: €21k
2022: €19k
2023: €8k
2024: €2k
2019 → 2025
Working capital
€30k▼ 63.8%
2024 · €83k
2019: €228k
2020: €234k
2021: €151k
2022: €113k
2023: €77k
2024: €83k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€66k▲ 40.2%€74k▲ 12.2%€76k▲ 3.2%€6k▼ 92.5%
Operating result€28k-€24k▼ 12.4%€30k▲ 24.6%€17k▼ 43.3%€-31k
Net result€21k-€19k▼ 10.4%€8k▼ 57.5%€2k▼ 70.6%€-70k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €31k after €17k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €357k
Fixed assets
€49k▼ 40.5%
Current assets
€308k▼ 16.5%
Equity and liabilities €357k
Equity
€6k▼ 92.5%
Debt
€351k▼ 6.4%
The debt ratio rises from 83.2% to 98.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-91▼
2024 · €51k
Cash flow
€-39k▼
2024 · €36k
Solvency
1.6%▼
2024 · 16.8%
Current ratio
1.11▼
2024 · 1.29
Quick ratio
0.97▼
2024 · 1.22
Debt / equity
61.81▲
2024 · 4.94
ROA
-19.7%▼
2024 · 0.5%
Interest coverage
0.00▼
2024 · 3.34
Debt
€351k▼
2024 · €375k
Debt ≤ 1 year
€277k▼
2024 · €285k
Debt > 1 year
€64k▼
2024 · €82k
Income taxes
€13k▲
2024 · €396
Staff costs
€254k▼
2024 · €280k
A ratio outside any meaningful range has been withheld (balance sheet total €357k, equity €6k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€451k€357k▼
Fixed assets21/28€83k€49k▼
Intangible fixed assets21€39k€30k▼
Tangible fixed assets22/27€41k€17k▼
Furniture and vehicles24€29k€9k▼
Other tangible fixed assets26€12k€8k▼
Financial fixed assets28€3k€3k=
Current assets29/58€368k€308k▼
Stocks and contracts in progress3€21k€38k▲
Stocks30/36€21k€38k▲
Amounts receivable within one year40/41€340k€262k▼
Trade receivables40€312k€231k▼
Other amounts receivable41€28k€31k▲
Cash at bank and in hand54/58€2k€6k▲
Deferred charges and accrued income490/1€5k€926▼
Equity and liabilities
Total equity and liabilities10/49€451k€357k▼
Equity10/15€76k€6k▼
Contributions10/11€419k€419k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-344k€-415k▼
Amounts payable17/49€375k€351k▼
Amounts payable after more than one year17€82k€64k▼
Financial debts170/4€82k€64k▼
Amounts payable within one year42/48€285k€277k▼
Current portion of amounts payable after more than one year42€16k€7k▼
Trade debts44€175k€178k▲
Suppliers440/4€175k€178k▲
Taxes, remuneration and social security45€94k€92k▼
Taxes450/3€22k€18k▼
Remuneration and social security454/9€72k€74k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€9k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€280k€254k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€31k▼
Other operating charges640/8€20k€22k▲
Gross operating margin9900€351k€276k▼
Operating profit (loss)9901€17k€-31k▼
Financial income75/76B€948€3k▲
Recurring financial income75€948€3k▲
Financial charges65/66B€15k€30k▲
Recurring financial charges65€15k€30k▲
Profit (loss) for the period before taxes9903€3k€-58k▼
Income taxes67/77€396€13k▲
Profit (loss) for the period9904€2k€-70k▼
Profit (loss) for the period to be appropriated9905€2k€-70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-344k€-415k▼
Profit (loss) brought forward from the previous period14P€-347k€-344k▲
Social balance
Average headcount (FTE)90874.84.2▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-70k ▼3091%
Net result drops to €-70k, the lowest in the series.
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 40 days late
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
18-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 291 days late
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 532 days late
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gavere · 1 establishment unit since 1992
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.
Markt 299890 GavereGround area
162 m²
Building footprint
149 m²
Volume, LiDAR
1,311 m³
Parcel 44020A0211/00E000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
COMAREP
since 19922.057.720.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44020A0211/00E000 | Flanders | 162 m² | 1 · 149 m² | 10.8 m · 3 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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,568. 16,786 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-04-1992
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
70200Business and other management consultancy
70220Business consulting
74142
46643Wholesale of electrical equipment, including installation materials
47789Other retail sale of new goods
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 33 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.