ELECTRO ANECA
ActiveSummary
ELECTRO ANECA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €627,586 and a net result of €205,188. Equity is growing by ~26.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 7967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+10
Solvency79▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 1.96 against 2.46 in 2024; short-term debt: 34.8% and cash: 14.6% of total assets), and 45.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.4%
Return on assets
17.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
25 d late
2023
27 d late
2022
21 d early
2021
34 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€627,586▲ 15.7%
2024 · €542,436
Total assets
€1.2m▲ 32.0%
2024 · €873,873
Net result
€205,188▲ 139%
2024 · €85,841
Working capital
€383,432▲ 37.5%
2024 · €278,955
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€48,769▲ 11.8%€271,111▲ 456%€95,896▼ 64.6%€133,681▲ 39.4%€308,490▲ 131%
Net result€32,583above the sector's middle half▲ 10.7%€185,169above the sector's middle half▲ 468%€66,250above the sector's middle half▼ 64.2%€85,841within the sector's middle half▲ 29.6%€205,188above the sector's middle half▲ 139%
Equity€206,842above the sector's middle half▲ 16.0%€392,011above the sector's middle half▲ 89.5%€456,595above the sector's middle half▲ 16.5%€542,436within the sector's middle half▲ 18.8%€627,586within the sector's middle half▲ 15.7%
Total assets€497,131above the sector's middle half▲ 40.9%€952,883above the sector's middle half▲ 91.7%€877,912above the sector's middle half▼ 7.9%€873,873within the sector's middle half▼ 0.5%€1.2mwithin the sector's middle half▲ 32.0%
Debt€290,290▲ 66.3%€560,872▲ 93.2%€421,317▼ 24.9%€331,438▼ 21.3%€525,613▲ 58.6%
Working capital€180,770above the sector's middle half▲ 31.0%€352,380above the sector's middle half▲ 94.9%€281,531above the sector's middle half▼ 20.1%€278,955within the sector's middle half▼ 0.9%€383,432within the sector's middle half▲ 37.5%
Solvency41.6%within the sector's middle half▼ 8.9pp41.1%within the sector's middle half▼ 0.5pp52.0%within the sector's middle half▲ 10.9pp62.1%within the sector's middle half▲ 10.1pp54.4%within the sector's middle half▼ 7.7pp
Current ratio1.64within the sector's middle half▼ 0.181.64within the sector's middle half=2.06within the sector's middle half▲ 0.432.46within the sector's middle half▲ 0.401.96within the sector's middle half▼ 0.50
Return on assets (ROA)6.6%within the sector's middle half▼ 1.8pp19.4%above the sector's middle half▲ 12.9pp7.5%within the sector's middle half▼ 11.9pp9.8%within the sector's middle half▲ 2.3pp17.8%above the sector's middle half▲ 8.0pp
Staff (FTE)0below the sector's middle half
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 131% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€368,871 ▼ 8.7%
Current assets
€784,328 ▲ 66.9%
Equity and liabilities €1.2m
Equity
€627,586 ▲ 15.7%
Debt
€525,613 ▲ 58.6%
Debt's share of the balance-sheet total rises from 37.9% to 45.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€347,324▲
2024 · €158,331
Cash flow
€244,022▲
2024 · €110,491
Quick ratio
1.93▼
2024 · 2.07
Debt to equity
0.84▲
2024 · 0.61
ROE
32.7%▲
2024 · 15.8%
Interest coverage
40.41▲
2024 · 12.22
Debt ≤ 1 year
€400,896▲
2024 · €190,982
Debt > 1 year
€119,942▼
2024 · €136,085
Income taxes
€94,721▲
2024 · €34,887
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 17,811 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,810 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,693 | €13,277 | €17,923 | €24,650 | €38,835 | ▲ 57.5% |
| Other operating charges640/8 | €1,564 | €1,667 | €2,281 | €4,660 | €3,851 | ▼ 17.4% |
| Gross operating margin9900 | €67,026 | €286,055 | €116,100 | €162,991 | €351,175 | ▲ 115% |
| Operating profit (loss)9901 | €48,769 | €271,111 | €95,896 | €133,681 | €308,490 | ▲ 131% |
| Financial income75/76B | €28 | €408 | €959 | €0 | €13 | ▲ 6,505% |
| Recurring financial income75 | €28 | €408 | €959 | €0 | €13 | ▲ 6,505% |
| Financial charges65/66B | €4,289 | €4,377 | €3,886 | €12,953 | €8,595 | ▼ 33.6% |
| Recurring financial charges65 | €4,289 | €4,377 | €3,886 | €12,953 | €8,595 | ▼ 33.6% |
| Profit (loss) for the period before taxes9903 | €44,508 | €267,143 | €92,969 | €120,728 | €299,908 | ▲ 148% |
| Income taxes67/77 | €11,924 | €81,973 | €26,719 | €34,887 | €94,721 | ▲ 172% |
| Profit (loss) for the period9904 | €32,583 | €185,169 | €66,250 | €85,841 | €205,188 | ▲ 139% |
| Profit (loss) for the period to be appropriated9905 | €32,583 | €185,169 | €66,250 | €85,841 | €205,188 | ▲ 139% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €497,131 | €952,883 | €877,912 | €873,873 | €1.2m | ▲ 32.0% |
| Fixed assets21/28 | €32,122 | €45,770 | €331,998 | €403,937 | €368,871 | ▼ 8.7% |
| Tangible fixed assets22/27 | €32,122 | €45,770 | €331,998 | €403,937 | €368,871 | ▼ 8.7% |
| Land and buildings22 | €9,304 | €8,105 | €295,648 | €296,191 | €283,710 | ▼ 4.2% |
| Plant, machinery and equipment23 | €4,906 | €29,176 | €25,968 | €22,278 | €16,575 | ▼ 25.6% |
| Furniture and vehicles24 | €17,913 | €8,489 | €10,382 | €85,468 | €68,585 | ▼ 19.8% |
| Current assets29/58 | €465,009 | €907,113 | €545,913 | €469,936 | €784,328 | ▲ 66.9% |
| Stocks and contracts in progress3 | €93,080 | €240,500 | €70,000 | €74,274 | €10,000 | ▼ 86.5% |
| Stocks30/36 | €92,580 | €240,500 | €70,000 | €74,274 | €10,000 | ▼ 86.5% |
| Contracts in progress37 | €500 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €290,569 | €248,893 | €325,904 | €355,473 | €599,011 | ▲ 68.5% |
| Trade receivables40 | €237,527 | €210,714 | €316,189 | €330,027 | €595,682 | ▲ 80.5% |
| Other amounts receivable41 | €53,043 | €38,179 | €9,714 | €25,446 | €3,328 | ▼ 86.9% |
| Cash at bank and in hand54/58 | €78,640 | €415,081 | €146,607 | €34,481 | €168,870 | ▲ 390% |
| Deferred charges and accrued income490/1 | €2,719 | €2,639 | €3,402 | €5,708 | €6,447 | ▲ 13.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €497,131 | €952,883 | €877,912 | €873,873 | €1.2m | ▲ 32.0% |
| Equity10/15 | €206,842 | €392,011 | €456,595 | €542,436 | €627,586 | ▲ 15.7% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Outside capital11 | €30,000 | €30,000 | €30,000 | - | - | - |
| Other1109/19 | €30,000 | €30,000 | €30,000 | - | - | - |
| Reserves13 | €163,916 | €349,085 | €415,335 | €501,176 | €586,326 | ▲ 17.0% |
| Non-distributable reserves130/1 | €3,000 | - | - | - | - | - |
| Reserves not available under the articles1311 | €3,000 | - | - | - | - | - |
| Distributable reserves133 | €160,916 | €349,085 | €415,335 | €501,176 | €586,326 | ▲ 17.0% |
| Profit (loss) carried forward14 | €12,926 | €12,926 | €11,260 | €11,260 | €11,260 | = |
| Amounts payable17/49 | €290,290 | €560,872 | €421,317 | €331,438 | €525,613 | ▲ 58.6% |
| Amounts payable after more than one year17 | - | - | €151,614 | €136,085 | €119,942 | ▼ 11.9% |
| Financial debts170/4 | - | - | €151,614 | €136,085 | €119,942 | ▼ 11.9% |
| Amounts payable within one year42/48 | €284,239 | €554,733 | €264,382 | €190,982 | €400,896 | ▲ 110% |
| Current portion of amounts payable after more than one year42 | - | - | €10,915 | €15,529 | €16,144 | ▲ 4.0% |
| Trade debts44 | €51,585 | €51,779 | €89,895 | €85,164 | €47,988 | ▼ 43.7% |
| Suppliers440/4 | €51,585 | €51,779 | €89,895 | €85,164 | €47,988 | ▼ 43.7% |
| Advances received on contracts in progress46 | €100,000 | €351,028 | €107,389 | €43,356 | €108,138 | ▲ 149% |
| Taxes, remuneration and social security45 | €14,449 | €54,797 | €29,524 | €7,692 | €69,668 | ▲ 806% |
| Taxes450/3 | €14,449 | €54,797 | €29,524 | €7,692 | €69,668 | ▲ 806% |
| Other amounts payable47/48 | €118,204 | €97,128 | €26,659 | €39,241 | €158,959 | ▲ 305% |
| Accrued charges and deferred income492/3 | €6,051 | €6,140 | €5,321 | €4,371 | €4,775 | ▲ 9.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,583 | €185,169 | €66,250 | €85,841 | €205,188 | ▲ 139% |
| + Depreciation and write-downs630 | €16,693 | €13,277 | €17,923 | €24,650 | €38,835 | ▲ 57.5% |
| Operating cash flow (approximation) | €49,276 | €198,447 | €84,174 | €110,491 | €244,022 | ▲ 121% |
| Investment in fixed assets (approximation) | - | -€26,925 | -€304,152 | -€96,589 | -€3,768 | ▲ 96.1% |
| Change in cash | - | €336,440 | -€268,474 | -€112,126 | €134,390 | ▲ 220% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €205,188 ▲139%
Operating result €308,490, net result €205,188, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Equity above €500,000Eq €542,436 ▲18.8%
7 profitable years in a row build equity to €542,436.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €206,842 ▲16%
4 profitable years in a row build equity to €206,842.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150,000Eq €178,258 ▲19.8%
3 profitable years in a row build equity to €178,258.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 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.
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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, Wingene · 1 establishment unit since 2011
Ground area
1,799 m²
Building footprint
452 m²
Volume, LiDAR
2,512 m³
Parcel 37019D0255/00V000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ELECTRO ANECA
since 20112.203.623.729
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019D0255/00V000 | Flanders | 1,799 m² | 1 · 452 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,827 companies in sector 43211 we hold annual accounts for 10,338. 5,916 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
Founded14-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0840320007
Also
9925:BE0840320007
Registered
18-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.