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ELECTRO CONFORM

Active
Private limited companyfounded 2024active for 2 yearsPicardstraat 34/A, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 1007.601.653

Financials · financial year 2025, micro format

2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00482394.

Annual accounts 2025 filed on 30-08-2026 at the NBB all 2 filings

Turnover
≈ €70,000
Estimated: probably between €46,000 and €150,000
Total assets
€39,206▲ 173%
2024 · €14,386
Net result
€5,982
2024 · -€70
Working capital
€8,671▲ 403%
2024 · €1,722
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is a profit of €6,229, after a loss of €105 in 2024.

Operating result€6,229 2025 Net result€5,982 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€105-€6,229
Net result-€70below the sector's middle half-€5,982within the sector's middle half
Equity€3,930below the sector's middle half-€9,912below the sector's middle half▲ 152%
Total assets€14,386below the sector's middle half-€39,206below the sector's middle half▲ 173%
Debt€10,456-€29,294▲ 180%
Working capital€1,722below the sector's middle half-€8,671within the sector's middle half▲ 403%
Solvency27.3%within the sector's middle half-25.3%within the sector's middle half▼ 2.0pp
Current ratio1.16within the sector's middle half-1.30within the sector's middle half▲ 0.13
Return on assets (ROA)-0.5%below the sector's middle half-15.3%within the sector's middle half▲ 15.7pp
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The 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 €39,206
Fixed assets €1,242 ▼ 43.8%
Current assets €37,965 ▲ 212%
Equity and liabilities €39,206
Equity €9,912 ▲ 152%
Debt €29,294 ▲ 180%
Debt's share of the balance-sheet total rises from 72.7% to 74.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7,195▲
2024 · €586
Cash flow
€6,948▲
2024 · €622
Debt to equity
2.96▲
2024 · 2.66
ROE
60.3%▲
2024 · -1.8%
Interest coverage
29.10▼
2024 · 44.03
Debt ≤ 1 year
€29,294▲
2024 · €10,456
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets€2,900-
Depreciation and write-downs of the year€692€967

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as ELECTRO CONFORM: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €34,800 and €44,000, founded between 2023 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
ELECTRO CONFORM Sint-Jans-Molenbeek2024€39,206€9,912€8,446€5,9822025
BNHM SERVICES Brussel2023€34,778€15,996€7,839€4,7032025
Elektriciteitswerken Vandenbosch Lochristi2024€43,974€6,864€7,930€4,9832025
Geldhof Elektriciteitswerken Oostende2023€38,877€15,900€9,750€3,1152025
BELI-ELEC Zaventem2023€36,195€18,754€7,787€4412025
Pareyns Elektrotechnieken Pelt2024€42,312€9,111€9,901€3,1582025
BM Renovatie Oostende2023€40,292€2,069€8,469€692024

They were chosen from the 10,240 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 7,976 companies had the same profile as ELECTRO CONFORM has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ELECTRO CONFORM itself: 3.4% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 7,976 companies, not a prediction for ELECTRO CONFORM. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines

Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€14,386€39,206▲
Fixed assets21/28€2,208€1,242▼
Tangible fixed assets22/27€2,208€1,242▼
Furniture and vehicles24€2,208€1,242▼
Current assets29/58€12,178€37,965▲
Amounts receivable within one year40/41€8,730€37,513▲
Trade receivables40€7,207€10,903▲
Other amounts receivable41€1,523€26,610▲
Cash at bank and in hand54/58€3,449€452▼
Equity and liabilities
Total equity and liabilities10/49€14,386€39,206▲
Equity10/15€3,930€9,912▲
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€70€5,912▲
Amounts payable17/49€10,456€29,294▲
Amounts payable within one year42/48€10,456€29,294▲
Trade debts44€4,034€23,343▲
Suppliers440/4€4,034€23,343▲
Other amounts payable47/48€6,422€5,951▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€692€967▲
Other operating charges640/8€1,854€1,250▼
Gross operating margin9900€2,441€8,446▲
Operating profit (loss)9901-€105€6,229▲
Financial income75/76B€49-
Recurring financial income75€49-
Financial charges65/66B€13€247▲
Recurring financial charges65€13€247▲
Profit (loss) for the period before taxes9903-€70€5,982▲
Profit (loss) for the period9904-€70€5,982▲
Profit (loss) for the period to be appropriated9905-€70€5,982▲
Appropriation of the result
Profit (loss) to be appropriated9906-€70€5,912▲
Profit (loss) brought forward from the previous period14P--€70

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€692€967▲ 39.7%
Other operating charges640/8€1,854€1,250▼ 32.6%
Gross operating margin9900€2,441€8,446▲ 246%
Operating profit (loss)9901-€105€6,229-
Financial income75/76B€49--
Recurring financial income75€49--
Financial charges65/66B€13€247▲ 19×
Recurring financial charges65€13€247▲ 19×
Profit (loss) for the period before taxes9903-€70€5,982-
Profit (loss) for the period9904-€70€5,982-
Profit (loss) for the period to be appropriated9905-€70€5,982-
Line20242025Change
Assets
Total assets20/58€14,386€39,206▲ 173%
Fixed assets21/28€2,208€1,242▼ 43.8%
Tangible fixed assets22/27€2,208€1,242▼ 43.8%
Furniture and vehicles24€2,208€1,242▼ 43.8%
Current assets29/58€12,178€37,965▲ 212%
Amounts receivable within one year40/41€8,730€37,513▲ 330%
Trade receivables40€7,207€10,903▲ 51.3%
Other amounts receivable41€1,523€26,610▲ 17×
Cash at bank and in hand54/58€3,449€452▼ 86.9%
Equity and liabilities
Total equity and liabilities10/49€14,386€39,206▲ 173%
Equity10/15€3,930€9,912▲ 152%
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€70€5,912-
Amounts payable17/49€10,456€29,294▲ 180%
Amounts payable within one year42/48€10,456€29,294▲ 180%
Trade debts44€4,034€23,343▲ 479%
Suppliers440/4€4,034€23,343▲ 479%
Other amounts payable47/48€6,422€5,951▼ 7.3%
Line20242025Change
Profit (loss) for the period9904-€70€5,982-
+ Depreciation and write-downs630€692€967▲ 39.7%
Operating cash flow (approximation)€622€6,948▲ 11×
Investment in fixed assets (approximation)-€0-
Change in cash--€2,997-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 30-08-2026 2026-00482394 NBB
31-12-2024 micro format 30-09-2025 2025-00521875 PDF

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