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ELECTRO DE SANDER

Active Private limited company (pre-2019)founded 2003active for 23 yearsAarschotsesteenweg 552, 3012 LeuvenKBO/BCE: BE 0479.345.690

Lifetime

19 annual accounts with figures on one time axis, 22 filings since 2003
peak €470,668 (2017)
€306,021▼ 20.1%
lowest -€211,941 (2019)
€32,087▼ 35.3%
peak €314,711 (2017)
€244,980▲ 15.1%
€1.8m▼ 5.0%
peak 5 FTE (2015)
2.6 FTEunchanged
Board2 names since 2015
2 directors and 1 other
Documentsfilings and deeds
17-11-2025109 days late
2024abbreviated format
Gross margin from €382,784 to €306,021Result from €49,570 to €32,087Equity from €212,893 to €244,980

Key points

from the 2024 annual accounts

Equity

€244,980 ▲ 15.1%

ELECTRO DE SANDER has made a profit without a break since 2020.

Turnover

≈ €1.6m estimated

The abbreviated format states no turnover.

Debts

€1.8m 88% of the balance sheet
Financial debts 79%Suppliers 13%Taxes and wages 3%Other 5%

Of this, €1.1m falls due within a year.

Staff

2.6 FTE from 5 in 2015

Between 2015 and 2024, 48% of the full-time equivalents disappeared.

Filings

22 annual accounts 104 days past the deadline
AprilJune31 JulyOctober20102020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

12.2%

Lower solvency than 81% of companies in retail trade. Sector median 38.5% · 9,512 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,985 companies had the same profile as ELECTRO DE SANDER has now. Each dot stands for 10 companies, two years later.

96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 3,985 companies, not a prediction for ELECTRO DE SANDER. 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.

Credit verdict

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0479345690
Resignation: (director) Director discharge: · General meeting of 01-03-2025 · Gazette deed
Registered office moved within Wilsele New registered office: Aarschotsesteenweg 552-3012 Wilsele · Previous registered office: Aarschotsesteenweg 195, 3012 Wilsele, België · General meeting of 01-01-2015 · Gazette deed
Appointment: (manager) General meeting of 29-08-2015 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
ELECTRO DE SANDER Leuven €2.0m €306,021 12.2% 2.6
ELECTRO MOUTON Lievegem €1.9m €343,441 44.6% 4.1
LOTSOF STOCKS Zemst €1.3m €459,475 58.7% 3
ELECTRO VLEUGELS Scherpenheuvel-Zichem €2.3m €530,330 80.1% 2.1
ELECTRO SMULDERS Beersel €1.5m €359,992 66.3% 2
PVL-SOUND & LIGHT Bruges €2.9m €311,687 95.1% 1.8
NEW MUSIC AUDIO VIDEO Ixelles €3.1m €202,112 95.0% 2.2

These companies have the same main activity as ELECTRO DE SANDER: retail sale of electrical household appliances (NACE 47540). They are comparable in size and age: total assets between €1.3m and €3.1m, founded between 1994 and 2004.

Official details

Source: KBO
Status
Active since 22-01-2003Normal situation
Activity
Retail sale of electrical household appliancesNACE 47540
Joint committee
201Independent retail · annual accounts 2023
Establishment unit
2.123.195.6833012 Leuven, since 11-02-2003
Financial year end
31 December
Peppol
Reachable since 23-12-2025
Company details

Annual accounts 2024

€2.0m▼ 3.0%
Employeeson 31-12-2024
2=
Filing
Filed on 17-11-2025
Financials

Insights on ELECTRO DE SANDER

ELECTRO DE SANDER files the abbreviated format. That format states no turnover. The gross margin rose from €198,952 in 2006 to €306,021 in 2024.

The balance sheet grew most from 2012 to 2014 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ELECTRO DE SANDER

What is the company number of ELECTRO DE SANDER?
The company number of ELECTRO DE SANDER is 0479.345.690. The VAT number is the same number with BE in front: BE 0479.345.690.
Where is ELECTRO DE SANDER based?
The registered office is at Aarschotsesteenweg 552, 3012 Leuven.Company details
What does ELECTRO DE SANDER 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 SANDER?
ELECTRO DE SANDER is a private limited company (pre-2019) (BVBA).
When was ELECTRO DE SANDER founded?
ELECTRO DE SANDER was founded on 22-01-2003.
Is ELECTRO DE SANDER still active?
Yes, ELECTRO DE SANDER is an active enterprise in the KBO register.
How many employees does ELECTRO DE SANDER have?
ELECTRO DE SANDER had an average of 2.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does ELECTRO DE SANDER fall under?
In its 2023 annual accounts, ELECTRO DE SANDER states joint committee 201 (Independent retail).
What is the turnover of ELECTRO DE SANDER?
The turnover in financial year 2024 is ≈ €1.6m. This figure is estimated from the gross margin of €306,021 and 31 comparable companies (NACE 475). It probably lies between €1.0m and €2.5m.
Is ELECTRO DE SANDER profitable?
In financial year 2024, ELECTRO DE SANDER made a profit of €32,087.
Where can I find the annual accounts of ELECTRO DE SANDER?
ELECTRO DE SANDER filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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