Skip to content

ELECTRIP 2

Active
Private limited companyfounded 20205 yrs activeBelg.Onafhankelijkheidsln. 90, 1081 Koekelberg, BelgiumKBO/BCE: BE 0755.867.154
Summary

The computed 12-month bankruptcy probability of ELECTRIP 2 is 4.1% (elevated). The 2025 annual accounts show equity of €44,350 and a net result of €2,168. Equity is growing by ~38.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 28254 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability57▼-24
Solvency58▼-19
Growth59▼-26
Track record94
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.74 against 1.84 in 2024; short-term debt: 42.8% and cash: 21.1% of total assets), but 66.6% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 09-12-2025, 9 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
9 d late
2024
2 d late
2023
3 d late
2022
14 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today. Usually files around 6 December (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-04-2026 close28-09-2026 today30-11-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 8 October 2020, ELECTRIP 2 was incorporated as a Private limited company.1 Revenue went from EUR 283,688 in 2022 to EUR 394,895 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Turnover
€394,895▼ 9.1%
2024 · €434,624
EBIT margin
1.1%▼ 5.1pp
2024 · 6.2%
Net result
€2,168▼ 88.0%
2024 · €18,128
Working capital
€41,874▲ 29.4%
2024 · €32,362
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Turnover€283,688-€311,933▲ 10.0%€434,624▲ 39.3%€394,895▼ 9.1%
Operating result€9,729-€25,447▲ 162%€26,865▲ 5.6%€4,383▼ 83.7%
Net result€6,809within the sector's middle half-€24,246within the sector's middle half▲ 256%€18,128within the sector's middle half▼ 25.2%€2,168within the sector's middle half▼ 88.0%
EBIT margin3.4%-8.2%▲ 4.7pp6.2%▼ 2.0pp1.1%▼ 5.1pp
Equity€9,809below the sector's middle half-€24,054within the sector's middle half▲ 145%€42,182within the sector's middle half▲ 75.4%€44,350within the sector's middle half▲ 5.1%
Total assets€14,401below the sector's middle half-€34,067below the sector's middle half▲ 137%€80,612within the sector's middle half▲ 137%€132,669within the sector's middle half▲ 64.6%
Debt€4,593-€10,013▲ 118%€38,430▲ 284%€88,319▲ 130%
Working capital€9,809within the sector's middle half-€17,683within the sector's middle half▲ 80.3%€32,362within the sector's middle half▲ 83.0%€41,874within the sector's middle half▲ 29.4%
Solvency68.1%above the sector's middle half-70.6%above the sector's middle half▲ 2.5pp52.3%within the sector's middle half▼ 18.3pp33.4%within the sector's middle half▼ 18.9pp
Current ratio3.14above the sector's middle half-1.84within the sector's middle half1.74within the sector's middle half▼ 0.10
Return on assets (ROA)47.3%above the sector's middle half-71.2%above the sector's middle half▲ 23.9pp22.5%above the sector's middle half▼ 48.7pp1.6%within the sector's middle half▼ 20.9pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2022: €9,729€9,729Net result 2022: €6,809€6,809Operating result 2023: €25,447€25,447Net result 2023: €24,246€24,246Operating result 2024: €26,865€26,865Net result 2024: €18,128€18,128Operating result 2025: €4,383€4,383Net result 2025: €2,168€2,1682022202320242025€0€10,000€20,000€30,000Operating result 2023: €25,447€25,400Net result 2023: €24,246€24,200Operating result 2024: €26,865€26,900Net result 2024: €18,128€18,100Operating result 2025: €4,383€4,380Net result 2025: €2,168€2,170202320242025
The operating result falls in 2025; 2025 is 84% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132,669
Fixed assets €34,057 ▲ 247%
Current assets €98,612 ▲ 39.3%
Equity and liabilities €132,669
Equity €44,350 ▲ 5.1%
Debt €88,319 ▲ 130%
Debt's share of the balance-sheet total rises from 47.7% to 66.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,393▼
2024 · €33,417
Cash flow
€8,178▼
2024 · €24,680
Debt to equity
1.99▲
2024 · 0.91
ROE
4.9%▼
2024 · 43.0%
Interest coverage
9.70▼
2024 · 48.39
Debt ≤ 1 year
€56,739▲
2024 · €38,430
Debt > 1 year
€31,580
Income taxes
€1,143▼
2024 · €8,055
Staff costs
€21,111▲
2024 · €2,178
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.0% went bankrupt
3.7% stopped otherwise
94% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€80,612€132,669▲
Fixed assets21/28€9,820€34,057▲
Tangible fixed assets22/27€9,820€34,057▲
Furniture and vehicles24€9,820€34,057▲
Current assets29/58€70,792€98,612▲
Amounts receivable within one year40/41€64,649€70,676▲
Trade receivables40€61,691€45,985▼
Other amounts receivable41€2,958€24,691▲
Cash at bank and in hand54/58€6,144€27,936▲
Equity and liabilities
Total equity and liabilities10/49€80,612€132,669▲
Equity10/15€42,182€44,350▲
Contributions10/11€3,000€3,000=
Outside capital11€3,000€3,000=
Other1109/19€3,000€3,000=
Profit (loss) carried forward14€39,182€41,350▲
Amounts payable17/49€38,430€88,319▲
Amounts payable after more than one year17-€31,580
Financial debts170/4-€31,580
Amounts payable within one year42/48€38,430€56,739▲
Trade debts44€18,659€34,508▲
Suppliers440/4€18,010€27,624▲
Bills of exchange payable441€648€6,884▲
Taxes, remuneration and social security45€4,686€12,230▲
Taxes450/3€4,686€10,417▲
Remuneration and social security454/9-€1,813
Other amounts payable47/48€15,085€10,000▼
Income statement Code20242025
Turnover70€434,624€394,895▼
Goods, raw materials, services and sundry goods60/61€398,141€362,762▼
Remuneration, social security and pensions62€2,178€21,111▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,552€6,010▼
Other operating charges640/8€888€630▼
Gross operating margin9900€36,483€32,133▼
Operating profit (loss)9901€26,865€4,383▼
Financial charges65/66B€691€1,072▲
Recurring financial charges65€691€1,072▲
Profit (loss) for the period before taxes9903€26,174€3,311▼
Transfer from deferred taxes780€9-
Income taxes67/77€8,055€1,143▼
Profit (loss) for the period9904€18,128€2,168▼
Profit (loss) for the period to be appropriated9905€18,128€2,168▼
Appropriation of the result
Profit (loss) to be appropriated9906€39,182€41,350▲
Profit (loss) brought forward from the previous period14P€21,054€39,182▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Turnover70€283,688€311,933€434,624€394,895▼ 9.1%
Goods, raw materials, services and sundry goods60/61€273,990€281,169€398,141€362,762▼ 8.9%
Remuneration, social security and pensions62-€2,689€2,178€21,111▲ 869%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,238€6,552€6,010▼ 8.3%
Other operating charges640/8€387€1,391€888€630▼ 29.1%
Gross operating margin9900€10,116€30,765€36,483€32,133▼ 11.9%
Operating profit (loss)9901€9,729€25,447€26,865€4,383▼ 83.7%
Financial charges65/66B€980€1,201€691€1,072▲ 55.2%
Recurring financial charges65€980€1,201€691€1,072▲ 55.2%
Profit (loss) for the period before taxes9903€8,750€24,246€26,174€3,311▼ 87.3%
Transfer from deferred taxes780--€9--
Income taxes67/77€1,941-€8,055€1,143▼ 85.8%
Profit (loss) for the period9904€6,809€24,246€18,128€2,168▼ 88.0%
Profit (loss) for the period to be appropriated9905€6,809€24,246€18,128€2,168▼ 88.0%
Line2022202320242025Change
Assets
Total assets20/58€14,401€34,067€80,612€132,669▲ 64.6%
Fixed assets21/28-€16,372€9,820€34,057▲ 247%
Tangible fixed assets22/27-€16,372€9,820€34,057▲ 247%
Furniture and vehicles24-€16,372€9,820€34,057▲ 247%
Current assets29/58€14,401€17,696€70,792€98,612▲ 39.3%
Amounts receivable within one year40/41€13,568€16,554€64,649€70,676▲ 9.3%
Trade receivables40€6,500€14,710€61,691€45,985▼ 25.5%
Other amounts receivable41€7,068€1,844€2,958€24,691▲ 735%
Cash at bank and in hand54/58€833€1,142€6,144€27,936▲ 355%
Equity and liabilities
Total equity and liabilities10/49€14,401€34,067€80,612€132,669▲ 64.6%
Equity10/15€9,809€24,054€42,182€44,350▲ 5.1%
Contributions10/11€3,000€3,000€3,000€3,000=
Outside capital11€3,000€3,000€3,000€3,000=
Other1109/19€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14€6,809€21,054€39,182€41,350▲ 5.5%
Amounts payable17/49€4,593€10,013€38,430€88,319▲ 130%
Amounts payable after more than one year17---€31,580-
Financial debts170/4---€31,580-
Amounts payable within one year42/48€4,593€13€38,430€56,739▲ 47.6%
Trade debts44€2,652€4€18,659€34,508▲ 84.9%
Suppliers440/4--€18,010€27,624▲ 53.4%
Bills of exchange payable441€2,652€4€648€6,884▲ 962%
Taxes, remuneration and social security45€1,941€9€4,686€12,230▲ 161%
Taxes450/3€1,941€9€4,686€10,417▲ 122%
Remuneration and social security454/9---€1,813-
Other amounts payable47/48--€15,085€10,000▼ 33.7%
Accrued charges and deferred income492/3-€10,000---
Line2022202320242025Change
Profit (loss) for the period9904€6,809€24,246€18,128€2,168▼ 88.0%
+ Depreciation and write-downs630-€1,238€6,552€6,010▼ 8.3%
Operating cash flow (approximation)€6,809€25,483€24,680€8,178▼ 66.9%
Investment in fixed assets (approximation)--€0-€30,247-
Change in cash-€309€5,002€21,793▲ 336%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-11-2026
2025
09-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 9 days late
30-04
Financial Weakest financial yearnet €2,168 ▼88%
Net result drops to €2,168, the lowest in the series.
2024
02-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
2023
03-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
30-04
Financial Highest result since 2022net €24,246 ▲256%
Net result €24,246, the highest in the series.
30-04
Financial Liquidity times 434current ratio 1362.26
Current ratio from 3.14 to 1362.26; short-term debt falls from €4,593 to €13.
2022
14-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Koekelberg · 1 establishment unit since 2020
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.

Belg.Onafhankelijkheidsln. 901081 Koekelberg
1 establishment unit
ELECTRIP 2
Belg.Onafhankelijkheidsln. 90, 1081 KoekelbergManufacture of metal structures and parts of structures
since 20202.312.370.528

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 6,016 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-10-2020
Fiscal year end30-04
Activities, NACEBEL 2025
43990Other specialised construction activities
43120Site preparation
43240Other construction installation
43350Other building finishing work
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0755867154
Also 9925:BE0755867154

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.