Skip to content

electriXities

Active
Private limited company (pre-2019)founded 2005active for 21 yearsClos des Iris 4, 1410 Waterloo, BelgiumKBO/BCE: BE 0874.165.087
Summary

The computed 12-month bankruptcy probability of electriXities is 2.2% (moderate). The 2025 annual accounts show negative equity (-€188,802) and a net result of -€200,405. Equity is shrinking by about 27% per year across the filed financial years. Its solvency ranks better than 5% of 4,314 sector peers (NACE 74, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00437256.

Turnover
€98,250
EBIT margin
-0.9%
Net result
-€200,405▼ 530%
2024 · -€31,807
Working capital
-€200,467▼ 52,946%
2024 · -€378
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €200,115 in 2025 against €31,525 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€200,115 2025 Net result-€200,405 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€98,250
Operating result-€191--€851▼ 346%-€33,590▼ 3,848%€1,357€48▼ 96.5%€1,585▲ 33×-€31,525-€200,115▼ 535%
Net result-€1,237--€2,030▼ 64.1%-€34,141below the sector's middle half▼ 1,582%€581within the sector's middle half-€429within the sector's middle half€1,271within the sector's middle half-€31,807below the sector's middle half-€200,405below the sector's middle half▼ 530%
EBIT margin-0.9%
Equity€78,157-€76,127▼ 2.6%€41,986within the sector's middle half▼ 44.8%€42,567within the sector's middle half▲ 1.4%€42,139within the sector's middle half▼ 1.0%€43,410within the sector's middle half▲ 3.0%€11,603within the sector's middle half▼ 73.3%-€188,802below the sector's middle half
Total assets€164,189-€209,816▲ 27.8%€162,589within the sector's middle half▼ 22.5%€174,603within the sector's middle half▲ 7.4%€180,412within the sector's middle half▲ 3.3%€232,600within the sector's middle half▲ 28.9%€220,851within the sector's middle half▼ 5.1%€104,280within the sector's middle half▼ 52.8%
Debt€86,032-€133,689▲ 55.4%€120,603▼ 9.8%€132,036▲ 9.5%€138,273▲ 4.7%€189,190▲ 36.8%€209,248▲ 10.6%€293,082▲ 40.1%
Working capital€47,242-€87,315▲ 84.8%€38,216within the sector's middle half▼ 56.2%€30,955within the sector's middle half▼ 19.0%€30,527within the sector's middle half▼ 1.4%€31,112within the sector's middle half▲ 1.9%-€378within the sector's middle half-€200,467below the sector's middle half▼ 52,946%
Solvency47.6%-36.3%▼ 11.3pp25.8%within the sector's middle half▼ 10.5pp24.4%within the sector's middle half▼ 1.4pp23.4%within the sector's middle half▼ 1.0pp18.7%within the sector's middle half▼ 4.7pp5.3%below the sector's middle half▼ 13.4pp-181.1%below the sector's middle half▼ 186.3pp
Current ratio1.98-2.72▲ 0.741.72within the sector's middle half▼ 0.991.43within the sector's middle half▼ 0.291.39within the sector's middle half▼ 0.041.24within the sector's middle half▼ 0.151.00below the sector's middle half▼ 0.240.14below the sector's middle half▼ 0.86
Return on assets (ROA)-0.8%--1.0%▼ 0.2pp-21.0%below the sector's middle half▼ 20.0pp0.3%within the sector's middle half▲ 21.3pp-0.2%within the sector's middle half▼ 0.6pp0.5%within the sector's middle half▲ 0.8pp-14.4%below the sector's middle half▼ 14.9pp-192.2%below the sector's middle half▼ 177.8pp
above within below the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104,280
Fixed assets €71,665 ▼ 0.4%
Current assets €32,615 ▼ 78.1%
Equity and liabilities
Equity-€188,802
Debt€293,082
Equity is negative: debt (€293,082) exceeds the balance-sheet total (€104,280).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€199,799▼
2024 · -€31,208
Cash flow
-€200,089▼
2024 · -€31,490
Interest coverage
-688.99▼
2024 · -110.64
Debt ≤ 1 year
€233,082▲
2024 · €149,248
Debt > 1 year
€60,000=
2024 · €60,000
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€220,851€104,280▼
Fixed assets21/28€71,981€71,665▼
Tangible fixed assets22/27€369€53▼
Plant, machinery and equipment23€369€53▼
Financial fixed assets28€71,612€71,612=
Current assets29/58€148,870€32,615▼
Amounts receivable within one year40/41€148,870€32,615▼
Trade receivables40€140,982€19,774▼
Other amounts receivable41€7,888€12,841▲
Equity and liabilities
Total equity and liabilities10/49€220,851€104,280▼
Equity10/15€11,603-€188,802▼
Contributions10/11€78,600€78,600=
Reserves13€910€910=
Non-distributable reserves130/1€910€910=
Reserves not available under the articles1311€910€910=
Profit (loss) carried forward14-€67,906-€268,312▼
Amounts payable17/49€209,248€293,082▲
Amounts payable after more than one year17€60,000€60,000=
Financial debts170/4€60,000€60,000=
Amounts payable within one year42/48€149,248€233,082▲
Financial debts43€728€4,878▲
Credit institutions430/8€728€4,878▲
Trade debts44€58,873€28,429▼
Suppliers440/4€58,873€28,429▼
Taxes, remuneration and social security45€819-
Remuneration and social security454/9€819-
Other amounts payable47/48€88,827€199,776▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€317€317=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€62,913
Other operating charges640/8€387€400▲
Gross operating margin9900-€30,821-€136,487▼
Operating profit (loss)9901-€31,525-€200,115▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€282€290▲
Recurring financial charges65€282€290▲
Profit (loss) for the period before taxes9903-€31,807-€200,405▼
Profit (loss) for the period9904-€31,807-€200,405▼
Profit (loss) for the period to be appropriated9905-€31,807-€200,405▼
Appropriation of the result
Profit (loss) to be appropriated9906-€67,906-€268,312▼
Profit (loss) brought forward from the previous period14P-€36,099-€67,906▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70-€98,250-------
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€191€192---€264€317€317=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-------€62,913-
Other operating charges640/8---€348€873€384€387€400▲ 3.2%
Gross operating margin9900€348-€312-€33,243€1,704€921€2,233-€30,821-€136,487▼ 343%
Operating profit (loss)9901-€191-€851-€33,590€1,357€48€1,585-€31,525-€200,115▼ 535%
Financial income75/76B-------€0-
Recurring financial income75-------€0-
Financial charges65/66B---€776€477€314€282€290▲ 2.8%
Recurring financial charges65€392€1,025€551€776€477€314€282€290▲ 2.8%
Profit (loss) for the period before taxes9903-€583-€1,875-€34,141€581-€429€1,271-€31,807-€200,405▼ 530%
Income taxes67/77€654€154-------
Profit (loss) for the period9904-€1,237-€2,030-€34,141€581-€429€1,271-€31,807-€200,405▼ 530%
Profit (loss) for the period to be appropriated9905-€1,237-€2,030-€34,141€581-€429€1,271-€31,807-€200,405▼ 530%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€164,189€209,816€162,589€174,603€180,412€232,600€220,851€104,280▼ 52.8%
Fixed assets21/28€68,642€71,612€71,612€71,612€71,612€72,298€71,981€71,665▼ 0.4%
Tangible fixed assets22/27€192----€686€369€53▼ 85.7%
Plant, machinery and equipment23-----€686€369€53▼ 85.7%
Financial fixed assets28€68,450€71,612€71,612€71,612€71,612€71,612€71,612€71,612=
Current assets29/58€95,547€138,204€90,977€102,991€108,800€160,302€148,870€32,615▼ 78.1%
Stocks and contracts in progress3€2,650€205€205------
Amounts receivable within one year40/41€92,897€137,999€90,772€102,891€108,266€160,267€148,870€32,615▼ 78.1%
Trade receivables40---€101,645€105,218€150,324€140,982€19,774▼ 86.0%
Other amounts receivable41---€1,246€3,048€9,944€7,888€12,841▲ 62.8%
Cash at bank and in hand54/58--€1€100€534€35---
Equity and liabilities
Total equity and liabilities10/49€164,189€209,816€162,589€174,603€180,412€232,600€220,851€104,280▼ 52.8%
Equity10/15€78,157€76,127€41,986€42,567€42,139€43,410€11,603-€188,802-
Contributions10/11€78,600€78,600-€78,600€78,600€78,600€78,600€78,600=
Reserves13€909€910€910€910€910€910€910€910=
Non-distributable reserves130/1---€910€910€910€910€910=
Reserves not available under the articles1311---€910€910€910€910€910=
Profit (loss) carried forward14-€1,352-€3,382-€37,524-€36,942-€37,371-€36,099-€67,906-€268,312▼ 295%
Amounts payable17/49€86,032€133,689€120,603€132,036€138,273€189,190€209,248€293,082▲ 40.1%
Amounts payable after more than one year17€37,727€60,000€60,000€60,000€60,000€60,000€60,000€60,000=
Financial debts170/4---€60,000€60,000€60,000€60,000€60,000=
Amounts payable within one year42/48€48,305€50,889€52,761€72,036€78,273€129,190€149,248€233,082▲ 56.2%
Financial debts43---€1,913-€22€728€4,878▲ 570%
Credit institutions430/8---€1,913-€22€728€4,878▲ 570%
Trade debts44€8,395€13,290€8,664€18,753€15,056€51,458€58,873€28,429▼ 51.7%
Suppliers440/4---€18,753€15,056€51,458€58,873€28,429▼ 51.7%
Taxes, remuneration and social security45------€819--
Remuneration and social security454/9------€819--
Other amounts payable47/48---€51,371€63,217€77,710€88,827€199,776▲ 125%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€1,237-€2,030-€34,141€581-€429€1,271-€31,807-€200,405▼ 530%
+ Depreciation and write-downs630€191€192---€264€317€317=
Operating cash flow (approximation)-€1,046-€1,838-€34,141€581-€429€1,535-€31,490-€200,089▼ 535%
Investment in fixed assets (approximation)--€3,162€0€0€0-€950€0€0-
Change in cash---€100€434-€499---

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

Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 26-08-2026 2026-00437256
31-12-2024 micro format 30-10-2025 2025-00554928
31-12-2023 micro format 02-08-2024 2024-00328897
31-12-2022 full format 31-08-2023 2023-00415200
31-12-2021 full format 13-11-2022 2022-20519542
31-12-2020 full format 20-09-2021 2021-67700366
31-12-2019 micro format 13-10-2020 2020-61100472
31-12-2018 micro format 30-08-2019 2019-59300454
31-12-2017 full format 31-08-2018 2018-59500007
31-12-2016 full format 30-08-2017 2017-55400441

Show all 20 filings

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 4,503 active companies whose main activity is other professional, scientific and technical activities (NACE 74999), figures are known for 1,991. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.