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Electrify Europe

Active
Private limited companyfounded 2016active for 10 yearsEindeke 17D, 2221 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0653.899.071
Summary

The computed 12-month bankruptcy probability of Electrify Europe is 1.9% (moderate). The 2024 annual accounts show equity of €188,244 and a net result of €70,753. Equity is growing by about 57% per year across the filed financial years. Its solvency ranks better than 52% of 285 sector peers (NACE 27, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of electrical equipment
NACE 27110Repair and fitting of specific motor vehicle parts NACE 95313
1 site
Size
€400,922total assets 2024
Staff
2.3 FTE
Equity
€188,244
Profit
€70,753
Turnover not published (micro format)
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.9%
Structure
  • Sven Van PasselDirector
Accounts 81 days overdue3 of 7 deeds read
Why 55raises riskFigures for financial year 2024 (filed 29-05-2025)1 financial year not filed after the legal deadline; 1 of the last 3 latelowers riskSize: total assets €400,922Equity €188,244 (47.0% of total assets)Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 62% of its sector peers (NACE 27, micro)
Financial strength · tick = 2023
Strong
Solvency 72-5
equity 47.0% of total assets
Liquidity 34-20
short-term debt 42.3% · cash 3.4%
Profitability 91-9
return on assets 17.6%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (436 companies, NACE 27, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 1.0%▲ +0.2 percentage points vs 04-2025 06-2025: 1.3%▲ +0.3 percentage points vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.2%▼ -0.1 percentage points vs 12-2025 02-2026: 1.3%▲ +0.1 percentage points vs 01-2026 03-2026: 1.2%▼ -0.1 percentage points vs 02-2026 04-2026: 1.4%▲ +0.2 percentage points vs 03-2026 05-2026: 1.7%▲ +0.3 percentage points vs 04-2026 06-2026: 0.7%▼ -1.0 percentage point vs 05-2026lowest value 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.3 percentage points vs 07-2026 09-2026: 1.1%▲ +0.1 percentage points vs 08-2026 10-2026: 1.9%▲ +0.8 percentage points vs 09-2026highest value
Credit of up to €10,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.52, compared with 1.85 in 2023, above the usual 1.5; short-term debt: 42.3% and cash: 3.4% of total assets), but 53% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 27, micro): better than 53% on solvency, 26% on liquidity, 81% on profitability and 89% on growth.

The bankruptcy probability was computed on 19-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 29-05-2025)
NBB · annual accounts
lowers risk · Size: total assets €400,922
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 1 of the last 3 late
NBB · filings
lowers risk · Equity €188,244 (47.0% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 81 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline20-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-05-2025, 63 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
63 days early
2023
23 days early
2022
31 days late
2021
31 days late
2020
31 days late
2019
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 13 days after the deadline; the sector median (NACE 27) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: MC MOTIVE (director)Gazette deed
  2. Appointment: MC MOTIVE BV (bijkomende niet…Permanent representative: BLIJWEERT Cedric Odila…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 81 days late View
  • Positive: Among the best 12% on net resultsector median €8,434 · 285 companies €70,753 View
  • Positive: Equity rose in 2024from €117,491 to €188,244 ▲ 60.2% View
  • Caution: A director leftlatest change 07-07-2026 · 1 in office 1 left View

By topic

Financials

Financial year
2024
Total assets
€400,922
Profit
€70,753
Solvency
47.0%
Total assets▲ 78.8%
Net result
20182024
Go to Financials

Timeline

Events
17
Since
2018
  1. 31-12-2024Highest result from 2018 to 2024
  2. 31-12-2024Equity above €150,000
  3. 08-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of electrical equipmentNACE 27110
Founded
10-05-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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