ELECTRICITY AND SECURITY ASSOCIATION
ActiveSummary
ELECTRICITY AND SECURITY ASSOCIATION has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109,010 and a net result of €9,378, of which €24,408 non-recurring income. Equity has been shrinking by about 4.9% per year since 2019. Its solvency ranks better than 66% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 04-12-1998 Normal situation
- Activity
- General electrical installation work NACE 43211and 1 other
- Joint committees
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 30-09-2025
- Establishment unit
- 2.089.944.875 9090 Merelbeke-Melle, since 05-01-1999
- Financial year end
- 30 September
- Peppol
- Reachable since 30-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €70,699
- ▼ 37.5%
- Turnover
- ≈ €250,000
- estimated
- Profit
- €9,378
- ▼ 69.0%
- Equity
- €109,010
- ▲ 9.4%
- Total assets
- €188,956
- ▼ 2.7%
- Employees on 30-09-2025
- 1
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.54, cash €55,713Founded in 1998Equity €109,010 (57.7% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 63% of them on solvency, 75% on liquidity, 35% on profitability and 54% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as ELECTRICITY AND SECURITY ASSOCIATION: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €151,000 and €281,000, founded between 1983 and 2005.
| Company | Total assets | Gross margin |
|---|---|---|
| ELECTRICITY AND SECURITY ASSOCIATION Merelbeke-Melle | €188,956 | €70,699 |
| XEL Ninove | €150,800 | €80,516 |
| ELEKTRO GUY VAN LOOVEREN Malle | €166,646 | €80,041 |
| DOMOTRIC Lubbeek | €280,985 | €67,961 |
| VAN REMOORTERE Sint-Gillis-Waas | €150,944 | €124,078 |
| Meyskens Lokeren | €222,386 | €152,922 |
| Riluc Harelbeke | €210,258 | €50,031 |
Key facts about ELECTRICITY AND SECURITY ASSOCIATION
- What is the company number of ELECTRICITY AND SECURITY ASSOCIATION?
- The company number of ELECTRICITY AND SECURITY ASSOCIATION is 0464.744.024. The VAT number is the same number with BE in front: BE 0464.744.024.
- Where is ELECTRICITY AND SECURITY ASSOCIATION based?
- The registered office is at Peter Benoitlaan 2B, 9820 Merelbeke-Melle.Company details
- What does ELECTRICITY AND SECURITY ASSOCIATION do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ELECTRICITY AND SECURITY ASSOCIATION?
- The legal form of ELECTRICITY AND SECURITY ASSOCIATION is Private limited company (BV).
- When was ELECTRICITY AND SECURITY ASSOCIATION founded?
- ELECTRICITY AND SECURITY ASSOCIATION was founded on 04-12-1998.
- Is ELECTRICITY AND SECURITY ASSOCIATION still active?
- Yes, ELECTRICITY AND SECURITY ASSOCIATION is an active enterprise in the KBO register.
- How many employees does ELECTRICITY AND SECURITY ASSOCIATION have?
- ELECTRICITY AND SECURITY ASSOCIATION had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ELECTRICITY AND SECURITY ASSOCIATION fall under?
- In its 30-09-2025 annual accounts, ELECTRICITY AND SECURITY ASSOCIATION states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
- What is the turnover of ELECTRICITY AND SECURITY ASSOCIATION?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €70,699 and 54 comparable companies (NACE 43211). It probably lies between €170,000 and €380,000.
- Is ELECTRICITY AND SECURITY ASSOCIATION profitable?
- In financial year 2025, ELECTRICITY AND SECURITY ASSOCIATION made a profit of €9,378.
- Where can I find the annual accounts of ELECTRICITY AND SECURITY ASSOCIATION?
- ELECTRICITY AND SECURITY ASSOCIATION filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELECTRICITY AND SECURITY ASSOCIATION due?
- ELECTRICITY AND SECURITY ASSOCIATION must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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