ELECTRO CASTERMANS
Dissolution or liquidationFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 27-01-2026 PDF all 18 filings
Turnover
≈ €18,000
Estimated: probably between €8,000 and €42,000
Total assets
€17,699▼ 65.6%
2024 · €51,515
Net result
-€17,831▼ 60.9%
2024 · -€11,081
Working capital
€2,859▲ 132%
2024 · €1,232
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
-€16,491
▼ 68.2%
2025
20192025
Net result
-€17,831
▼ 60.9%
2025
20192025
Equity
€3,290
▼ 84.4%
2025
20192025
Total assets
€17,699
▼ 65.6%
2025
20192025
Debt
€14,409
▼ 52.6%
2025
20192025
Working capital
€2,859
▲ 132%
2025
20192025
Staff (FTE)
no figure
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€20,824-€8,824-€14,174€22,401-€8,968-€9,805▼ 9.3%-€16,491▼ 68.2%
Net result-€21,762-€8,138-€14,950€19,815-€10,319-€11,081▼ 7.4%-€17,831▼ 60.9%
Equity€29,518-€37,657▲ 27.6%€22,706▼ 39.7%€42,521▲ 87.3%€32,202▼ 24.3%€21,121▼ 34.4%€3,290▼ 84.4%
Total assets€68,583-€69,465▲ 1.3%€79,969▲ 15.1%€63,747▼ 20.3%€67,597▲ 6.0%€51,515▼ 23.8%€17,699▼ 65.6%
Debt€39,065-€31,808▼ 18.6%€57,263▲ 80.0%€21,226▼ 62.9%€35,395▲ 66.8%€30,394▼ 14.1%€14,409▼ 52.6%
Working capital€21,577-€32,847▲ 52.2%€19,642▼ 40.2%€40,631▲ 107%€9,828▼ 75.8%€1,232▼ 87.5%€2,859▲ 132%
Staff (FTE)2.7-2.1▼ 22.2%2▼ 4.8%1.3▼ 35.0%
The operating result for 2025 is a loss of €16,491, larger than the loss of €9,805 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17,699
Fixed assets
€619 ▼ 98.1%
Current assets
€17,081 ▼ 9.0%
Equity and liabilities €17,699
Equity
€3,290 ▼ 84.4%
Debt
€14,409 ▼ 52.6%
Debt's share of the balance-sheet total rises from 59.0% to 81.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€7,505▼
2024 · -€819
Cash flow
-€8,845▼
2024 · -€2,095
Current ratio
1.20▲
2024 · 1.07
Debt to equity
4.38▲
2024 · 1.44
ROE
-541.9%▼
2024 · -52.5%
ROA
-100.7%▼
2024 · -21.5%
Interest coverage
-6.53▼
2024 · -0.73
Debt ≤ 1 year
€14,222▼
2024 · €17,535
Income taxes
€191▲
2024 · €160
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
| in full-time equivalents | 0 |
| Average over the year, in full-time equivalents | 1.3 |
| Joined | 0 |
| Left | 2 |
Source: social balance sheet in the 2022 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €42,774 | - | - |
| Depreciation and write-downs of the year | €1,101 | €3,003 | €8,986 | €8,986 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €3,000 | - |
| Remuneration, social security and pensions62 | - | - | - | €50,609 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,566 | €8,107 | €1,746 | €1,101 | €3,003 | €8,986 | €8,986 | = |
| Other operating charges640/8 | - | - | - | €510 | €410 | €508 | €659 | ▲ 29.5% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €9,144 | - |
| Gross operating margin9900 | €81,433 | €74,239 | €58,450 | €74,621 | -€5,556 | -€311 | €2,298 | - |
| Operating profit (loss)9901 | -€20,824 | €8,824 | -€14,174 | €22,401 | -€8,968 | -€9,805 | -€16,491 | ▼ 68.2% |
| Financial income75/76B | - | - | - | €2 | - | - | €0 | - |
| Recurring financial income75 | €205 | €2 | €10 | €2 | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €402 | €1,154 | €1,117 | €1,149 | ▲ 2.9% |
| Recurring financial charges65 | €932 | €483 | €609 | €402 | €1,154 | €1,117 | €1,149 | ▲ 2.9% |
| Profit (loss) for the period before taxes9903 | -€21,551 | €8,343 | -€14,773 | €22,001 | -€10,122 | -€10,922 | -€17,640 | ▼ 61.5% |
| Income taxes67/77 | €211 | €205 | €177 | €2,187 | €197 | €160 | €191 | ▲ 19.7% |
| Profit (loss) for the period9904 | -€21,762 | €8,138 | -€14,950 | €19,815 | -€10,319 | -€11,081 | -€17,831 | ▼ 60.9% |
| Profit (loss) for the period to be appropriated9905 | -€21,762 | €8,138 | -€14,950 | €19,815 | -€10,319 | -€11,081 | -€17,831 | ▼ 60.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €68,583 | €69,465 | €79,969 | €63,747 | €67,597 | €51,515 | €17,699 | ▼ 65.6% |
| Fixed assets21/28 | €12,917 | €4,810 | €3,064 | €1,963 | €41,734 | €32,748 | €619 | ▼ 98.1% |
| Tangible fixed assets22/27 | €12,917 | €4,810 | €3,064 | €1,963 | €41,734 | €32,748 | €619 | ▼ 98.1% |
| Plant, machinery and equipment23 | - | - | - | €670 | €1,213 | €916 | €619 | ▼ 32.4% |
| Furniture and vehicles24 | - | - | - | - | €39,659 | €31,402 | €0 | ▼ 100.0% |
| Other tangible fixed assets26 | - | - | - | €1,292 | €862 | €431 | - | - |
| Current assets29/58 | €55,666 | €64,655 | €76,905 | €61,784 | €25,863 | €18,767 | €17,081 | ▼ 9.0% |
| Stocks and contracts in progress3 | €18,073 | €18,950 | €18,774 | €32,125 | €11,792 | €9,655 | - | - |
| Stocks30/36 | - | - | - | €13,825 | €11,792 | €4,603 | - | - |
| Contracts in progress37 | - | - | - | €18,300 | - | €5,052 | - | - |
| Amounts receivable within one year40/41 | €22,221 | €18,203 | €6,658 | €4,584 | €8,784 | €4,585 | - | - |
| Trade receivables40 | - | - | - | €774 | €1,361 | €3,646 | - | - |
| Other amounts receivable41 | - | - | - | €3,810 | €7,422 | €940 | - | - |
| Cash at bank and in hand54/58 | €12,280 | €16,207 | €27,437 | €23,486 | €3,135 | €3,925 | €17,081 | ▲ 335% |
| Deferred charges and accrued income490/1 | - | - | - | €1,590 | €2,153 | €602 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €68,583 | €69,465 | €79,969 | €63,747 | €67,597 | €51,515 | €17,699 | ▼ 65.6% |
| Equity10/15 | €29,518 | €37,657 | €22,706 | €42,521 | €32,202 | €21,121 | €3,290 | ▼ 84.4% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €10,918 | €19,057 | €4,106 | €23,921 | €23,921 | €23,921 | €23,921 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €2,066 | €2,066 | €2,066 | €2,066 | = |
| Distributable reserves133 | - | - | - | €19,995 | €19,995 | €19,995 | €19,995 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€10,319 | -€21,400 | -€39,231 | ▼ 83.3% |
| Amounts payable17/49 | €39,065 | €31,808 | €57,263 | €21,226 | €35,395 | €30,394 | €14,409 | ▼ 52.6% |
| Amounts payable after more than one year17 | €4,976 | - | - | - | €19,157 | €12,672 | - | - |
| Financial debts170/4 | - | - | - | - | €19,157 | €12,672 | - | - |
| Amounts payable within one year42/48 | €34,089 | €31,808 | €57,263 | €21,153 | €16,035 | €17,535 | €14,222 | ▼ 18.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €6,201 | €6,485 | - | - |
| Trade debts44 | €16,092 | €15,159 | €41,609 | €9,349 | €2,722 | €4,459 | €8,859 | ▲ 98.7% |
| Suppliers440/4 | - | - | - | €9,349 | €2,722 | €4,459 | €8,859 | ▲ 98.7% |
| Taxes, remuneration and social security45 | - | - | - | €11,805 | €2,357 | €2,320 | €2,474 | ▲ 6.7% |
| Taxes450/3 | - | - | - | €2,175 | €197 | €160 | €314 | ▲ 97.1% |
| Remuneration and social security454/9 | - | - | - | €9,630 | €2,160 | €2,160 | €2,160 | = |
| Other amounts payable47/48 | - | - | - | - | €4,754 | €4,272 | €2,888 | ▼ 32.4% |
| Accrued charges and deferred income492/3 | - | - | - | €73 | €203 | €187 | €187 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,762 | €8,138 | -€14,950 | €19,815 | -€10,319 | -€11,081 | -€17,831 | ▼ 60.9% |
| + Depreciation and write-downs630 | €9,566 | €8,107 | €1,746 | €1,101 | €3,003 | €8,986 | €8,986 | = |
| Operating cash flow (approximation) | -€12,195 | €16,246 | -€13,204 | €20,916 | -€7,316 | -€2,095 | -€8,845 | ▼ 322% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€42,774 | €0 | €23,144 | - |
| Change in cash | - | €3,927 | €11,231 | -€3,952 | -€20,351 | €790 | €13,156 | ▲ 17× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 27-01-2026 | 2026-00014392 | |
| 30-06-2024 | micro format | 30-01-2025 | 2025-00016425 | |
| 30-06-2023 | micro format | 29-01-2024 | 2024-00013747 | |
| 30-06-2022 | micro format | 25-01-2023 | 2023-00015591 | |
| 30-06-2021 | micro format | 29-12-2021 | 2021-82000220 | |
| 30-06-2020 | micro format | 22-01-2021 | 2021-01400257 | |
| 30-06-2019 | abbreviated format | 03-01-2020 | 2020-00100555 | |
| 30-06-2018 | abbreviated format | 31-12-2018 | 2018-76000386 | |
| 30-06-2017 | micro format | 08-01-2018 | 2018-00600053 | |
| 30-06-2016 | abbreviated format | 20-01-2017 | 2017-01800317 |