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ELECTRO BUTAYE

Active
Private limited companyfounded 200026 yrs activeHoutsaegerlaan(Kok) 62, 8670 Koksijde, BelgiumKBO/BCE: BE 0472.470.964
Summary

ELECTRO BUTAYE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €558,639 and a net result of €92,313. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 72% of 32341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
ELECTRO BUTAYEActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211NACE 45310
#9 company by equity in Koksijde, Construction sector1 site
Size
€828,482total assets 2025
Equity
€558,639
Profit
€92,313
Turnover not published (abridged schema)
Financial health
95 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts filed 30 d late0 of 3 deeds read
Why 95- Latest accounts 31 days late; 1 of the last 3 late- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 3.31, cash €595,590+ Equity €558,639 (67.4% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 64% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 92-4
equity 67.4% of total assets
Liquidity 91+42
short-term debt 24.1% · cash 71.9%
Profitability 83-2
return on assets 11.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,046 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%▼ -8.2% vs 11-2024 01-2025: 0.3%▲ +41.6% vs 12-2024 02-2025: 0.4%▲ +47.6% vs 01-2025 03-2025: 0.1%▼ -65.2% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: 0.1%● 0.0% vs 06-2025 08-2025: 0.2%▲ +2.7% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%▲ +15.2% vs 09-2025 11-2025: 0.2%▼ -2.3% vs 10-2025 12-2025: 0.2%▼ -10.0% vs 11-2025 01-2026: 0.2%▲ +52.3% vs 12-2025 02-2026: 0.4%▲ +61.8% vs 01-2026 03-2026: 0.5%▲ +25.7% vs 02-2026highest value 04-2026: 0.1%▼ -88.0% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%▼ -12.3% vs 06-2026lowest value 08-2026: 0.1%▲ +2.0% vs 07-2026 09-2026: 0.1%▲ +3.9% vs 08-2026 10-2026: < 0.1%▼ -5.7% vs 09-2026lowest value
  • Liquidity: current ratio 3.31, cash €595,590 lowers the probability
  • Latest accounts 31 days late; 1 of the last 3 late raises the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Equity €558,639 (67.4% of total assets) lowers the probability
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 3.31 against 1.79 in 2024; short-term debt: 24.1% and cash: 71.9% of total assets), and 32.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 73%, liquidity 88%, profitability 65%, growth against the median 28%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 3.31, cash €595,590
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Equity €558,639 (67.4% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-03-2026, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
30 d late
2024
1 d early
2023
2 d early
2022
on the day
2021
156 d late
2020
26 d late
2019
5 d late
← 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 31 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close03-10-2026 today31-01-2027 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2019net €109,900 ▲868%

Key points

  • Positive: Among the best 5% on net resultsector median €10,073 · 32,329 companies €92,313 View
  • Active since 2000founded 09-08-2000 26 years View
  • Total assets 20256 fiscal years filed €828,482 View

By topic

Financials

Fiscal year
2025
Total assets
€828,482
Profit
€92,313
Solvency
67.4%
Total assets▼ 0.4%
Net result
20192025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-01-2027
  1. 02-03-2026Annual accounts filed
  2. 30-01-2025Annual accounts filed
  3. 30-06-2024Highest result since 2019
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
09-08-2000
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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