ELECTRO DE LEEUW
Bankruptcy closedELECTRO DE LEEUW was declared bankrupt on 22-01-2025 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 22-06-2026, published in the Belgian State Gazette on 29-06-2026.
No longer registered with the KBO since 23-06-2026; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
31 d late
2021
11 d early
2020
53 d early
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€-34k▲ 59.4%
2022 · €-83k
2018: €958
2019: €-66k
2020: €-137k
2021: €-97k
2022: €-83k
2018 → 2023
Total assets
€198k▲ 43.7%
2022 · €138k
2018: €386k
2019: €358k
2020: €166k
2021: €135k
2022: €138k
2018 → 2023
Net result
€49k▲ 244%
2022 · €14k
2018: €47k
2019: €-66k
2020: €-71k
2021: €-11k
2022: €14k
2018 → 2023
Working capital
€25k
2022 · €-8k
2018: €-32k
2019: €-108k
2020: €-110k
2021: €-8k
2022: €-8k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-66k-€-137k▼ 108%€-97k▲ 28.7%€-83k▲ 14.7%€-34k▲ 59.4%
Operating result€-55k-€-55k▲ 0.3%€-4k▲ 92.8%€20k€58k▲ 196%
Net result€-66k-€-71k▼ 6.8%€-11k▲ 84.8%€14k€49k▲ 244%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2023 is 196% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €198k
Fixed assets
€120=
Current assets
€198k▲ 43.7%
Key figures and ratios
EBITDA
€58k▲
2022 · €21k
Cash flow
€49k▲
2022 · €16k
Solvency
-17.0%▲
2022 · -60.2%
Current ratio
1.15▲
2022 · 0.95
Quick ratio
1.06▲
2022 · 0.65
Debt / equity
-6.88▼
2022 · -2.66
ROA
24.9%▲
2022 · 10.4%
Interest coverage
7.92▲
2022 · 3.96
Debt
€232k▲
2022 · €221k
Debt ≤ 1 year
€173k▲
2022 · €145k
Debt > 1 year
€59k▼
2022 · €75k
Income taxes
€2k
Staff costs
€0▼
2022 · €213
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€138k€198k▲
Fixed assets21/28€120€120=
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Financial fixed assets28€120€120=
Current assets29/58€138k€198k▲
Stocks and contracts in progress3€43k€15k▼
Stocks30/36€43k€15k▼
Amounts receivable within one year40/41€85k€173k▲
Trade receivables40€82k€70k▼
Other amounts receivable41€3k€104k▲
Cash at bank and in hand54/58€9k€9k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€138k€198k▲
Equity10/15€-83k€-34k▲
Contributions10/11€69k€69k=
Reserves13€4k€4k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€3k€3k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-156k€-107k▲
Amounts payable17/49€221k€232k▲
Amounts payable after more than one year17€75k€59k▼
Financial debts170/4€75k€59k▼
Amounts payable within one year42/48€145k€173k▲
Current portion of amounts payable after more than one year42€16k€16k▲
Financial debts43€100k€100k=
Credit institutions430/8€100k€100k=
Trade debts44€17k€47k▲
Suppliers440/4€17k€47k▲
Taxes, remuneration and social security45€0€4k▲
Taxes450/3-€4k
Remuneration and social security454/9€0€69▲
Other amounts payable47/48€13k€6k▼
Income statement
Code20222023
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€213€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€0▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€0▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€24k€60k▲
Operating profit (loss)9901€20k€58k▲
Financial income75/76B€0€35▲
Recurring financial income75€0€35▲
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€14k€51k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€14k€49k▲
Profit (loss) for the period to be appropriated9905€14k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-156k€-107k▲
Profit (loss) brought forward from the previous period14P€-170k€-156k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · ELECTRO DE LEEUW BV SINT-JORISSTRAAT 8, 9140 TEMSE · event 22-06-2026
2025
28-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · ELECTRO DE LEEUW BV SINT- JORISSTRAAT 8, 9140 TEMSE · event 22-01-2025
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €49k ▲244%
Operating result €58k, net result €49k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Back to profitnet €14k
Net result €14k after 3 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-71k
Net result drops to €-71k, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
01-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Temse
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Jorisstraat 89140 TemseGround area
118 m²
Building footprint
62 m²
Volume, LiDAR
337 m³
Parcel 46302D1045/00P000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46302D1045/00P000 | Flanders | 118 m² | 1 · 62 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE M.J. GOOSSENS VIJFSTRATEN 57, 9100 SINT-
NIKLAAS |
22-01-2025 → present |
Recognitions · licences · registrations
Dual-learning approval
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 22,822 companies in sector 43211 we hold annual accounts for 10,327.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-05-2003
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.