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ELECTRO DE MEULENAER

Active
Private limited companyfounded 2006active for 20 yearsMargrietstraat(MD) 65, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0881.931.720
Summary

ELECTRO DE MEULENAER has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72,861 and a net result of €313. Equity has been shrinking by about 7.2% per year since 2018. Its solvency ranks better than 65% of 22,773 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-06-2006 Normal situation
Activity
Retail sale of electrical household appliances NACE 47540and 3 others
Establishment unit
2.155.196.775 9170 Sint-Gillis-Waas, since 07-07-2006
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€8,327
▲ 0.9%
Turnover
≈ €87,000
estimated
Profit
€313
▲ 38.4%
Equity
€72,861
▲ 0.4%
Total assets
€144,184
▼ 17.7%
Staff
≈ 0 FTE
estimated
  • 2025 accounts filed 25 days after the deadline
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 2.04, cash €43,867Founded in 2006Equity €72,861 (50.5% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 76+10
equity 50.5% of total assets
Liquidity 67+10
short-term debt 44.4% · cash 30.4%
Profitability 56+1
return on assets 0.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%▼ -0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.1%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.04 (1.73 in 2024), above the usual 1.5. Short-term debt is 44.4% and cash 30.4% of total assets. 49.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 65% of them on solvency, 73% on liquidity, 40% on profitability and 41% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.04, cash €43,867
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Equity €72,861 (50.5% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
1 day early
2023
29 days late
2022
29 days late
2021
4 days late
2020
30 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Change of role: Pieter De Meulenaer, from manager to director
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as ELECTRO DE MEULENAER: retail sale of electrical household appliances (NACE 47540). They are comparable in size and age: total assets between €106,000 and €221,000, founded between 2003 and 2009.

CompanyTotal assetsGross margin
ELECTRO DE MEULENAER Sint-Gillis-Waas€144,184€8,327
Jean-Marc SOHET Waremme€123,971€7,863
COMPUCENTER De Haan€192,368€6,980
JIM-TV-STORE Bredene€194,739€10,271
DMK ELECTRO Deerlijk€189,986€10,708
NAYA GROUP Farciennes€106,042€12,777
YVICK Hamme (Vl.)€221,123€7,440
Full comparison

Key facts about ELECTRO DE MEULENAER

What is the company number of ELECTRO DE MEULENAER?
The company number of ELECTRO DE MEULENAER is 0881.931.720. The VAT number is the same number with BE in front: BE 0881.931.720.
Where is ELECTRO DE MEULENAER based?
The registered office is at Margrietstraat(MD) 65, 9170 Sint-Gillis-Waas.Company details
What does ELECTRO DE MEULENAER do?
According to the KBO register, the main activity is retail sale of electrical household appliances (NACE 47540).
What is the legal form of ELECTRO DE MEULENAER?
The legal form of ELECTRO DE MEULENAER is Private limited company (BV).
When was ELECTRO DE MEULENAER founded?
ELECTRO DE MEULENAER was founded on 19-06-2006.
Is ELECTRO DE MEULENAER still active?
Yes, ELECTRO DE MEULENAER is an active enterprise in the KBO register.
What is the turnover of ELECTRO DE MEULENAER?
The turnover in financial year 2025 is ≈ €87,000. This figure is estimated from the gross margin of €8,327 and 61 comparable companies (NACE 475). It probably lies between €46,000 and €210,000. It is a rough estimate.Financials
Is ELECTRO DE MEULENAER profitable?
In financial year 2025, ELECTRO DE MEULENAER made a profit of €313.
Where can I find the annual accounts of ELECTRO DE MEULENAER?
ELECTRO DE MEULENAER filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELECTRO DE MEULENAER due?
ELECTRO DE MEULENAER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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