ELECTRO 61
ActiveSummary
ELECTRO 61 has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175,774 and a net result of €20,977. Equity has been growing by about 4% per year since 2018. Its solvency ranks better than 89% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-10-1994 Normal situation
- Activity
- Other specialised construction activities NACE 43990
- Establishment unit
- 2.070.070.169 1020 Brussel, since 02-02-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 21-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €334,331
- ▲ 5.4%
- Profit
- €20,977
- Equity
- €175,774
- ▲ 13.6%
- Total assets
- €212,949
- ▼ 2.1%
- 2025 accounts filed 11 days after the deadline
Score breakdownraises riskSize: turnover €334,331, total assets €212,949lowers riskLiquidity: current ratio 5.72, cash €58,038Founded in 1994Equity €175,774 (82.5% 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 90% of them on solvency, 77% on liquidity, 40% on profitability and 58% on growth.
The bankruptcy probability was computed on 02-11-2026 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 6 days after 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)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 11 days after the deadline Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00392586.
Annual accounts 2025 filed on 11-08-2026 at the NBB all 31 filings
Every figure per financial year
The operating result for 2025 is a profit of €23,998, after a loss of €22,874 in 2024.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €8,731 | €520 | €1,096 | - | - |
| Depreciation and write-downs of the year | €3,667 | €4,666 | €3,826 | €3,837 | €2,565 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €342,150 | €336,253 | €236,924 | €280,574 | €420,814 | €368,277 | €317,253 | €334,331 | ▲ 5.4% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €267,842 | €353,409 | €343,934 | €334,230 | €305,561 | ▼ 8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €661 | €1,410 | €1,641 | €3,667 | €4,666 | €3,826 | €3,837 | €2,565 | ▼ 33.2% |
| Other operating charges640/8 | - | - | - | €1,568 | €1,417 | €4,030 | €2,060 | €2,207 | ▲ 7.1% |
| Gross operating margin9900 | €29,628 | €28,212 | -€39,186 | €12,732 | €67,405 | €24,343 | -€16,977 | €28,770 | - |
| Operating profit (loss)9901 | -€19,380 | €25,308 | -€42,406 | €7,497 | €61,322 | €16,487 | -€22,874 | €23,998 | - |
| Financial income75/76B | - | - | - | €375 | €119 | €154 | €362 | €519 | ▲ 43.4% |
| Recurring financial income75 | €541 | €475 | €630 | €375 | €119 | €154 | €362 | €519 | ▲ 43.4% |
| Financial charges65/66B | - | - | - | €580 | €404 | €997 | €1,094 | €1,338 | ▲ 22.3% |
| Recurring financial charges65 | €3,508 | €1,886 | €838 | €580 | €404 | €997 | €1,094 | €1,338 | ▲ 22.3% |
| Profit (loss) for the period before taxes9903 | -€22,347 | €23,897 | -€42,614 | €7,292 | €61,037 | €15,644 | -€23,606 | €23,179 | - |
| Income taxes67/77 | €329 | €2,810 | €641 | €638 | €9,773 | €6,811 | €797 | €2,202 | ▲ 176% |
| Profit (loss) for the period9904 | -€22,676 | €21,087 | -€43,255 | €6,654 | €51,264 | €8,833 | -€24,403 | €20,977 | - |
| Profit (loss) for the period to be appropriated9905 | -€22,676 | €21,087 | -€43,255 | €6,654 | €51,264 | €8,833 | -€24,403 | €20,977 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €195,645 | €230,136 | €163,321 | €160,062 | €240,692 | €274,741 | €217,456 | €212,949 | ▼ 2.1% |
| Fixed assets21/28 | €2,221 | €3,809 | €8,641 | €13,705 | €9,559 | €6,829 | €2,992 | €427 | ▼ 85.7% |
| Tangible fixed assets22/27 | €2,221 | €3,809 | €8,641 | €13,705 | €9,559 | €6,829 | €2,992 | €427 | ▼ 85.7% |
| Plant, machinery and equipment23 | - | - | - | €7,893 | €5,566 | €4,204 | €1,735 | €383 | ▼ 77.9% |
| Furniture and vehicles24 | - | - | - | €5,812 | €3,993 | €2,625 | €1,257 | €44 | ▼ 96.5% |
| Current assets29/58 | €193,424 | €226,327 | €154,680 | €146,357 | €231,133 | €267,912 | €214,464 | €212,522 | ▼ 0.9% |
| Amounts receivable after more than one year29 | - | - | - | €20,000 | €10,000 | €10,000 | €10,000 | - | - |
| Other amounts receivable291 | - | - | - | €20,000 | €10,000 | €10,000 | €10,000 | - | - |
| Stocks and contracts in progress3 | €1,910 | €2,010 | €1,780 | €4,590 | €8,020 | €4,835 | €10,360 | €46,850 | ▲ 352% |
| Stocks30/36 | - | - | - | €1,840 | €2,020 | €2,260 | €3,100 | €3,450 | ▲ 11.3% |
| Contracts in progress37 | - | - | - | €2,750 | €6,000 | €2,575 | €7,260 | €43,400 | ▲ 498% |
| Amounts receivable within one year40/41 | €141,589 | €172,772 | €108,407 | €101,196 | €155,791 | €208,982 | €134,643 | €107,634 | ▼ 20.1% |
| Trade receivables40 | - | - | - | €84,399 | €135,454 | €185,845 | €114,871 | €101,211 | ▼ 11.9% |
| Other amounts receivable41 | - | - | - | €16,797 | €20,337 | €23,137 | €19,772 | €6,423 | ▼ 67.5% |
| Cash at bank and in hand54/58 | €22,729 | €19,611 | €13,763 | €20,571 | €57,322 | €39,901 | €55,349 | €58,038 | ▲ 4.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €4,194 | €4,112 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €195,645 | €230,136 | €163,321 | €160,062 | €240,692 | €274,741 | €217,456 | €212,949 | ▼ 2.1% |
| Equity10/15 | €134,617 | €155,704 | €112,449 | €119,103 | €170,367 | €179,200 | €154,797 | €175,774 | ▲ 13.6% |
| Contributions10/11 | €140,000 | €140,000 | - | €140,000 | €140,000 | €140,000 | €140,000 | €140,000 | = |
| Reserves13 | €18,750 | €18,750 | €18,750 | €18,750 | €30,367 | €39,200 | €39,200 | €39,200 | = |
| Tax-exempt reserves132 | - | - | - | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | - | - | - | - | €11,617 | €20,450 | €20,450 | €20,450 | = |
| Profit (loss) carried forward14 | -€24,133 | -€3,046 | -€46,301 | -€39,647 | - | - | -€24,403 | -€3,426 | ▲ 86.0% |
| Amounts payable17/49 | €61,028 | €74,432 | €50,872 | €40,959 | €70,325 | €95,541 | €62,659 | €37,175 | ▼ 40.7% |
| Amounts payable within one year42/48 | €61,028 | €74,032 | €50,872 | €40,959 | €70,325 | €95,541 | €62,659 | €37,175 | ▼ 40.7% |
| Trade debts44 | €33,348 | €65,477 | €40,152 | €15,811 | €47,372 | €66,826 | €38,859 | €18,282 | ▼ 53.0% |
| Suppliers440/4 | - | - | - | €15,811 | €47,372 | €66,826 | €38,859 | €18,282 | ▼ 53.0% |
| Taxes, remuneration and social security45 | - | - | - | €2,800 | €9,773 | €16,084 | €5,750 | €5,719 | ▼ 0.5% |
| Taxes450/3 | - | - | - | €2,800 | €9,773 | €16,084 | €5,750 | €5,719 | ▼ 0.5% |
| Other amounts payable47/48 | - | - | - | €22,348 | €13,180 | €12,631 | €18,050 | €13,174 | ▼ 27.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,676 | €21,087 | -€43,255 | €6,654 | €51,264 | €8,833 | -€24,403 | €20,977 | - |
| + Depreciation and write-downs630 | €661 | €1,410 | €1,641 | €3,667 | €4,666 | €3,826 | €3,837 | €2,565 | ▼ 33.2% |
| Operating cash flow (approximation) | -€22,015 | €22,497 | -€41,614 | €10,321 | €55,930 | €12,659 | -€20,566 | €23,542 | - |
| Investment in fixed assets (approximation) | - | -€2,998 | -€6,473 | -€8,731 | -€520 | -€1,096 | €0 | €0 | - |
| Change in cash | - | -€3,118 | -€5,848 | €6,808 | €36,751 | -€17,421 | €15,448 | €2,689 | ▼ 82.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as ELECTRO 61 has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ELECTRO 61 itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for ELECTRO 61. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 11-08-2026 | 2026-00392586 | |
| 31-12-2024 | full format | 21-08-2025 | 2025-00388156 | |
| 31-12-2023 | full format | 27-08-2024 | 2024-00376150 | |
| 31-12-2022 | full format | 10-07-2023 | 2023-00232553 | |
| 31-12-2021 | full format | 21-06-2022 | 2022-20085643 | |
| 31-12-2020 | full format | 23-08-2021 | 2021-51500306 | |
| 31-12-2019 | full format | 21-08-2020 | 2020-44500026 | |
| 31-12-2018 | full format | 30-09-2019 | 2019-67700581 | |
| 31-12-2017 | full format | 02-07-2018 | 2018-28500042 | |
| 31-12-2016 | full format | 30-08-2017 | 2017-53600069 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 21-05-2025 Converted to unavailable equity · €140,000
- 21-05-2025 Converted to available equity · €140,000
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Ahmet Ilyasoglu |
|
| Engin ILYASOGLU |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, avec ou sans limitation de durée”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Prix mentionné dans notification initiale, pour moitié cédant et pour moitié acquéreur(s) proportionnellement aux actions acquises”
Articles of association, deed of 21-05-2025 (in French)
Network & group
ELECTRO 61 shares no director with another company.
Companies at the same address
4 other companiesConnections & network
2 current directorsThe network starts from the directors of ELECTRO 61. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
21-05
Gazette deed
Reappointments: Ahmet Ilyasoglu (director) and Engin Ilyasoglu (director)Legal form clause · Capital conversion · Amendment of the articles10 points ▸
- Other provision, 06-05-2025
- General meeting, 25-04-2025
- Other provision, “confirmation de la soumission au Code des sociétés et des associations” (deed in French)
- Legal form clause, “forme légale du Code des sociétés et des associations qui se rapproche le plus de son ancienne forme, société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres disponible” (deed in French)
- Amendment of the articles
- Capital
- Director reappointment, Ahmet Ilyasoglu (director)
- Director reappointment, Engin Ilyasoglu (director)
11-04
Gazette deed
Registered office moved from Bruxelles to SchaerbeekReappointment: Ahmet ILYASOGLU (director) · Appointment: Engin ILYASOGLU (director)4 points ▸
- General meeting, 24-03-2022
- Registered-office move, chaussée d'Helmet nr 70 à 1030 Schaerbeek (région de Bruxelles-Capitale)
- Director reappointment, Ahmet ILYASOGLU (director)
- Director appointment, Engin ILYASOGLU (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Rue Dieudonne Lefevre 248, 1020 Bruxelles until 01-04-2022 · act of 11-04-2022
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
3 activities
- Tous travaux d’électricité du bâtiment ;
- Le service dépannage électricité vingt-quatre heures sur vingt-quatre (24H/24H) ;
- La fabrication et la pose de cloisons et faux plafonds.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0453.620.005
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21815D0334/00R000 | Brussels | 778 m² | 1 · 758 m² | 11.9 m · 2 |
| 21902A0328/00R000 | Brussels | 192 m² | 1 · 112 m² | 16.6 m · 4 |