Electro DB
ActiveSummary
Electro DB has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,700 and a net result of €17,946. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+16
Solvency100▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 4.38 against 2.27 in 2024; short-term debt: 21.1% and cash: 17.2% of total assets), and 21.5% 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
78.5%
Return on assets
15.7%
Age of the figures
12 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 30-09-2025 was due by 30-04-2026 and was filed on 21-01-2026, 99 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
99 d early
2024
5 d early
2023
21 d early
2022
19 d early
2021
19 d early
2020
on the day
2019
18 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 21 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€89,700▲ 24.2%
2024 · €72,200
Total assets
€114,196▼ 10.0%
2024 · €126,815
Net result
€17,946▲ 429%
2024 · €3,392
Working capital
€81,267▲ 33.8%
2024 · €60,723
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€10,931▲ 46.1%€19,794▲ 81.1%€22,488▲ 13.6%€7,408▼ 67.1%€27,093▲ 266%
Net result€4,773within the sector's middle half▲ 71.3%€11,649within the sector's middle half▲ 144%€12,483within the sector's middle half▲ 7.2%€3,392within the sector's middle half▼ 72.8%€17,946within the sector's middle half▲ 429%
Equity€49,213within the sector's middle half▲ 8.7%€60,036within the sector's middle half▲ 22.0%€70,650within the sector's middle half▲ 17.7%€72,200within the sector's middle half▲ 2.2%€89,700within the sector's middle half▲ 24.2%
Total assets€120,059within the sector's middle half▲ 5.5%€166,803within the sector's middle half▲ 38.9%€174,897within the sector's middle half▲ 4.9%€126,815within the sector's middle half▼ 27.5%€114,196within the sector's middle half▼ 10.0%
Debt€70,847▲ 3.3%€106,767▲ 50.7%€104,247▼ 2.4%€54,615▼ 47.6%€24,496▼ 55.1%
Working capital€20,301within the sector's middle half▲ 79.1%€32,065within the sector's middle half▲ 57.9%€84,366within the sector's middle half▲ 163%€60,723within the sector's middle half▼ 28.0%€81,267within the sector's middle half▲ 33.8%
Solvency41.0%within the sector's middle half▲ 1.2pp36.0%within the sector's middle half▼ 5.0pp40.4%within the sector's middle half▲ 4.4pp56.9%within the sector's middle half▲ 16.5pp78.5%above the sector's middle half▲ 21.6pp
Current ratio1.40within the sector's middle half▲ 0.091.58within the sector's middle half▲ 0.182.36within the sector's middle half▲ 0.782.27within the sector's middle half▼ 0.104.38above the sector's middle half▲ 2.11
Return on assets (ROA)4.0%within the sector's middle half▲ 1.5pp7.0%within the sector's middle half▲ 3.0pp7.1%within the sector's middle half▲ 0.2pp2.7%within the sector's middle half▼ 4.5pp15.7%within the sector's middle half▲ 13.0pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 266% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114,196
Fixed assets
€8,870 ▼ 51.1%
Current assets
€105,326 ▼ 3.1%
Equity and liabilities €114,196
Equity
€89,700 ▲ 24.2%
Debt
€24,496 ▼ 55.1%
Debt's share of the balance-sheet total falls from 43.1% to 21.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37,469▲
2024 · €19,673
Cash flow
€28,322▲
2024 · €15,657
Quick ratio
4.20▲
2024 · 2.12
Debt to equity
0.27▼
2024 · 0.76
ROE
20.0%▲
2024 · 4.7%
Interest coverage
35.78▲
2024 · 16.11
Debt ≤ 1 year
€24,059▼
2024 · €47,944
Debt > 1 year
€437▼
2024 · €6,671
Income taxes
€8,232▲
2024 · €2,900
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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 | - | €20,629 | €302 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,913 | €19,402 | €10,965 | €12,265 | €10,376 | ▼ 15.4% |
| Other operating charges640/8 | €979 | €824 | €1,246 | €2,772 | €679 | ▼ 75.5% |
| Non-recurring operating charges66A | - | €617 | €0 | - | - | - |
| Gross operating margin9900 | €32,823 | €40,637 | €34,700 | €22,444 | €38,148 | ▲ 70.0% |
| Operating profit (loss)9901 | €10,931 | €19,794 | €22,488 | €7,408 | €27,093 | ▲ 266% |
| Financial income75/76B | €173 | €1,035 | €61 | €105 | €131 | ▲ 25.2% |
| Recurring financial income75 | €173 | €1,035 | €61 | €105 | €131 | ▲ 25.2% |
| Financial charges65/66B | €1,097 | €3,183 | €2,659 | €1,221 | €1,047 | ▼ 14.2% |
| Recurring financial charges65 | €1,097 | €3,183 | €2,659 | €1,221 | €1,047 | ▼ 14.2% |
| Non-recurring financial charges66B | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €10,006 | €17,647 | €19,890 | €6,292 | €26,178 | ▲ 316% |
| Income taxes67/77 | €5,233 | €5,998 | €7,407 | €2,900 | €8,232 | ▲ 184% |
| Profit (loss) for the period9904 | €4,773 | €11,649 | €12,483 | €3,392 | €17,946 | ▲ 429% |
| Profit (loss) for the period to be appropriated9905 | €4,773 | €11,649 | €12,483 | €3,392 | €17,946 | ▲ 429% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120,059 | €166,803 | €174,897 | €126,815 | €114,196 | ▼ 10.0% |
| Fixed assets21/28 | €49,093 | €79,560 | €28,677 | €18,147 | €8,870 | ▼ 51.1% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €49,093 | €79,560 | €28,677 | €18,147 | €8,870 | ▼ 51.1% |
| Land and buildings22 | €3,000 | €2,000 | €1,000 | €0 | - | - |
| Plant, machinery and equipment23 | €1,458 | €3,384 | €4,215 | €2,001 | €624 | ▼ 68.8% |
| Furniture and vehicles24 | €44,635 | €74,176 | €23,461 | €16,146 | €8,245 | ▼ 48.9% |
| Current assets29/58 | €70,966 | €87,244 | €146,221 | €108,667 | €105,326 | ▼ 3.1% |
| Amounts receivable after more than one year29 | - | - | - | €5,000 | €5,000 | = |
| Other amounts receivable291 | - | - | - | €5,000 | €5,000 | = |
| Stocks and contracts in progress3 | €6,993 | €4,270 | €4,753 | €7,000 | €4,377 | ▼ 37.5% |
| Stocks30/36 | €6,993 | €4,270 | €4,753 | €7,000 | €4,377 | ▼ 37.5% |
| Amounts receivable within one year40/41 | €37,165 | €53,527 | €103,571 | €65,016 | €73,218 | ▲ 12.6% |
| Trade receivables40 | €35,106 | €43,121 | €96,431 | €53,575 | €65,084 | ▲ 21.5% |
| Other amounts receivable41 | €2,059 | €10,406 | €7,140 | €11,442 | €8,134 | ▼ 28.9% |
| Cash at bank and in hand54/58 | €17,672 | €26,000 | €34,359 | €27,647 | €19,607 | ▼ 29.1% |
| Deferred charges and accrued income490/1 | €9,136 | €3,448 | €3,538 | €4,004 | €3,125 | ▼ 22.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120,059 | €166,803 | €174,897 | €126,815 | €114,196 | ▼ 10.0% |
| Equity10/15 | €49,213 | €60,036 | €70,650 | €72,200 | €89,700 | ▲ 24.2% |
| Contributions10/11 | €15,500 | €15,500 | €15,500 | €15,500 | €15,500 | = |
| Reserves13 | €33,650 | €44,150 | €55,150 | €56,700 | €74,200 | ▲ 30.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €31,790 | €42,290 | €55,150 | €56,700 | €74,200 | ▲ 30.9% |
| Profit (loss) carried forward14 | €63 | €386 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €70,847 | €106,767 | €104,247 | €54,615 | €24,496 | ▼ 55.1% |
| Amounts payable after more than one year17 | €13,792 | €51,588 | €13,528 | €6,671 | €437 | ▼ 93.4% |
| Financial debts170/4 | €13,792 | €51,588 | €13,528 | €6,671 | €437 | ▼ 93.4% |
| Amounts payable within one year42/48 | €50,666 | €55,179 | €61,855 | €47,944 | €24,059 | ▼ 49.8% |
| Current portion of amounts payable after more than one year42 | €23,669 | €21,426 | €10,127 | €10,252 | €9,761 | ▼ 4.8% |
| Trade debts44 | €21,241 | €30,762 | €42,753 | €35,745 | €9,600 | ▼ 73.1% |
| Suppliers440/4 | €21,241 | €30,762 | €42,753 | €35,745 | €9,600 | ▼ 73.1% |
| Taxes, remuneration and social security45 | €684 | €1,255 | €7,106 | €105 | €2,049 | ▲ 1,851% |
| Taxes450/3 | €684 | €1,255 | €1,260 | €105 | €2,049 | ▲ 1,851% |
| Remuneration and social security454/9 | €0 | - | €5,846 | €0 | - | - |
| Other amounts payable47/48 | €5,071 | €1,736 | €1,869 | €1,842 | €2,649 | ▲ 43.8% |
| Accrued charges and deferred income492/3 | €6,390 | €0 | €28,865 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,773 | €11,649 | €12,483 | €3,392 | €17,946 | ▲ 429% |
| + Depreciation and write-downs630 | €20,913 | €19,402 | €10,965 | €12,265 | €10,376 | ▼ 15.4% |
| Operating cash flow (approximation) | €25,687 | €31,051 | €23,448 | €15,657 | €28,322 | ▲ 80.9% |
| Investment in fixed assets (approximation) | - | -€49,868 | €39,918 | -€1,736 | -€1,098 | ▲ 36.7% |
| Change in cash | - | €8,327 | €8,359 | -€6,712 | -€8,040 | ▼ 19.8% |
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
10-07
State Gazette act
Resignation: Bart D'Hollander (non-statutory director)Power of attorney4 facts ▸
State Gazette act
Resignation: Bart D'Hollander (non-statutory director)
Power of attorney4 facts ▸
- General meeting, 20-04-2026
- Director resignation, Bart D'Hollander (non-statutory director)
- Power of attorney, Eskofin Accountantskantoor
- Power of attorney
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €17,946 ▲429%
Operating result €27,093, net result €17,946, both a record.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €2,787
Net result €2,787 after 2 loss-making years.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2012
Ground area
593 m²
Building footprint
114 m²
Volume, LiDAR
665 m³
Parcel 46023C1041/02E003, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELECTRO DB / DB Koeltechniek en Electro DB BVBA
since 20122.216.193.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46023C1041/02E003 | Flanders | 593 m² | 1 · 114 m² | 9.3 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.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bart D'Hollander |
|
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 120 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 120 EUR | 0 EUR |
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,335. 8,813 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
Founded18-12-2012
Fiscal year end30-09
Activities, NACEBEL 2025
43211General electrical installation work
41003General construction of other non-residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
86995Nutrition and dietetics services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0508518144
Also
9925:BE0508518144
Registered
20-12-2024
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.