ELECTRO DELAERE
ActiveELECTRO DELAERE has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €949k and a net result of €-21k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 95% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 38.98 against 22.6 in 2024; short-term debt: 2.4% and cash: 37.8% of total assets), and 2.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Sector 43
higher
← 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
97.6%
Return on assets
-2.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
59 d early
2023
56 d early
2022
56 d early
2021
61 d early
2020
61 d early
2019
52 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€949k▼ 2.1%
2024 · €970k
2018: €913k
2019: €992k
2020: €917k
2021: €928k
2022: €909k
2023: €948k
2024: €970k
2018 → 2025
Total assets
€973k▼ 3.7%
2024 · €1.01M
2018: €1.01M
2019: €1.06M
2020: €942k
2021: €957k
2022: €932k
2023: €971k
2024: €1.01M
2018 → 2025
Net result
€-21k
2024 · €22k
2018: €81k
2019: €79k
2020: €-75k
2021: €11k
2022: €-19k
2023: €39k
2024: €22k
2018 → 2025
Working capital
€876k▲ 1.0%
2024 · €867k
2018: €875k
2019: €915k
2020: €841k
2021: €743k
2022: €756k
2023: €791k
2024: €867k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€928k-€909k▼ 2.0%€948k▲ 4.2%€970k▲ 2.4%€949k▼ 2.1%
Operating result€13k-€-19k€25k€22k▼ 8.7%€-20k
Net result€11k-€-19k€39k€22k▼ 42.1%€-21k
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 turns negative in 2025: a loss of €20k after €22k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €973k
Fixed assets
€73k▼ 28.6%
Current assets
€899k▼ 0.9%
Equity and liabilities €973k
Equity
€949k▼ 2.1%
Debt
€23k▼ 42.6%
The debt ratio falls from 4.0% to 2.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €57k
Cash flow
€15k▼
2024 · €57k
Solvency
97.6%▲
2024 · 96.0%
Current ratio
38.98▲
2024 · 22.60
Quick ratio
29.19▲
2024 · 15.40
Debt / equity
0.02▼
2024 · 0.04
ROE
-2.2%▼
2024 · 2.3%
ROA
-2.1%▼
2024 · 2.2%
Interest coverage
172.28▼
2024 · 1465.69
Debt
€23k▼
2024 · €40k
Debt ≤ 1 year
€23k▼
2024 · €40k
Staff costs
€150k▲
2024 · €139k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.01M€973k▼
Fixed assets21/28€103k€73k▼
Tangible fixed assets22/27€103k€73k▼
Land and buildings22€61k€58k▼
Plant, machinery and equipment23€7k€8k▲
Furniture and vehicles24€34k€7k▼
Financial fixed assets28-€75
Current assets29/58€907k€899k▼
Stocks and contracts in progress3€289k€226k▼
Stocks30/36€289k€226k▼
Amounts receivable within one year40/41€100k€80k▼
Trade receivables40€82k€65k▼
Other amounts receivable41€18k€16k▼
Current investments50/53€223k€223k=
Cash at bank and in hand54/58€293k€367k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.01M€973k▼
Equity10/15€970k€949k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€898k€898k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€883k€883k=
Profit (loss) carried forward14€-3k€-24k▼
Amounts payable17/49€40k€23k▼
Amounts payable within one year42/48€40k€23k▼
Trade debts44€29k€12k▼
Suppliers440/4€29k€12k▼
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€9k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€139k€150k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€36k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€99-
Gross operating margin9900€199k€169k▼
Operating profit (loss)9901€22k€-20k▼
Financial charges65/66B€39€89▲
Recurring financial charges65€39€89▲
Profit (loss) for the period before taxes9903€22k€-21k▼
Income taxes67/77€96-
Profit (loss) for the period9904€22k€-21k▼
Profit (loss) for the period to be appropriated9905€22k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-24k▼
Profit (loss) brought forward from the previous period14P€-26k€-3k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-75k ▼195%
Net result drops to €-75k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 34.13
Current ratio from 14.52 to 34.13; short-term debt falls from €68k to €25k.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kortrijk · 1 establishment unit since 1976
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.
Molenstraat(Heu) 1068501 KortrijkGround area
160 m²
Building footprint
121 m²
Volume, LiDAR
835 m³
Parcel 34016C0588/00T002, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELECTRO DELAERE
since 19762.011.748.128
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C0588/00T002 | Flanders | 160 m² | 1 · 121 m² | 10.1 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 249 EUR awarded · 249 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 204 EUR | 204 EUR |
| 2024 | 1 | 45 EUR | 45 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 endedSimilar companies · same sector, comparable size
AC COMPANY
BE 0550.364.637
Liedekerke · Eq €950k
BEKAERT IMMO
BE 0411.092.334
Alken · Eq €951k
DESAUW
BE 0453.581.205
Zwevegem · Eq €947k
MOSSY ELECTRICS
BE 0880.919.554
Dendermonde · Eq €953k
VANGRONSVELD VERLICHTING - ELECTRO
BE 0888.170.404
Bilzen-Hoeselt · Eq €946k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 4,823 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-12-1975
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.