ELECTRO - DENIS
ActiveSummary
ELECTRO - DENIS has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €-7k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 56% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-5
Solvency77▼-3
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.44 in 2024; short-term debt: 47.5% and cash: 49.4% of total assets), and 47.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 · 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.5%
Return on assets
-9.7%
Age of the figures
19 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2025 was due by 30-09-2025 and was filed on 26-09-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
38 d early
2023
36 d early
2022
15 d late
2021
34 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€36k▼ 15.7%
2024 · €42k
2019: €36k
2020: €36k▼ -0.8% vs 2019
2021: €42k▲ +18.4% vs 2020
2022: €45k▲ +5.5% vs 2021
2023: €47k▲ +4.0% vs 2022highest in 7 years
2024: €42k▼ -9.3% vs 2023
2025: €36k▼ -15.7% vs 2024lowest in 7 years
2019 → 2025
Total assets
€68k▼ 11.9%
2024 · €77k
2019: €69k
2020: €62k▼ -10.7% vs 2019lowest in 7 years
2021: €71k▲ +15.2% vs 2020
2022: €77k▲ +8.2% vs 2021
2023: €78k▲ +1.9% vs 2022highest in 7 years
2024: €77k▼ -1.5% vs 2023
2025: €68k▼ -11.9% vs 2024
2019 → 2025
Net result
€-7k▼ 52.8%
2024 · €-4k
2019: €-6k
2020: €-292▲ +94.9% vs 2019
2021: €7k▲ +2366% vs 2020highest in 7 years
2022: €2k▼ -64.9% vs 2021
2023: €2k▼ -22.3% vs 2022
2024: €-4k▼ -340% vs 2023
2025: €-7k▼ -52.8% vs 2024lowest in 7 years
2019 → 2025
Working capital
€9k▼ 41.7%
2024 · €15k
2019: €14k
2020: €17k▲ +23.4% vs 2019
2021: €25k▲ +48.2% vs 2020
2022: €23k▼ -10.7% vs 2021
2023: €28k▲ +22.8% vs 2022highest in 7 years
2024: €15k▼ -44.9% vs 2023
2025: €9k▼ -41.7% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€45k▲ 5.5%€47k▲ 4.0%€42k▼ 9.3%€36k▼ 15.7%
2021: €42k
2022: €45k▲ +5.5% vs 2021
2023: €47k▲ +4.0% vs 2022highest in 5 years
2024: €42k▼ -9.3% vs 2023
2025: €36k▼ -15.7% vs 2024lowest in 5 years
Operating result€7k-€3k▼ 58.2%€3k▲ 4.3%€-4k€-6k▼ 42.0%
2021: €7khighest in 5 years
2022: €3k▼ -58.2% vs 2021
2023: €3k▲ +4.3% vs 2022
2024: €-4k▼ -232% vs 2023
2025: €-6k▼ -42.0% vs 2024lowest in 5 years
Net result€7k-€2k▼ 64.9%€2k▼ 22.3%€-4k€-7k▼ 52.8%
2021: €7khighest in 5 years
2022: €2k▼ -64.9% vs 2021
2023: €2k▼ -22.3% vs 2022
2024: €-4k▼ -340% vs 2023
2025: €-7k▼ -52.8% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€27k ▼ 1.0%
Current assets
€41k ▼ 17.8%
Equity and liabilities €68k
Equity
€36k ▼ 15.7%
Debt
€32k ▼ 7.3%
Debt's share of the balance-sheet total rises from 45.2% to 47.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €0
Cash flow
€-5k▼
2024 · €-174
Current ratio
1.28▼
2024 · 1.44
Quick ratio
1.22▼
2024 · 1.37
Debt to equity
0.91▲
2024 · 0.82
ROE
-18.6%▼
2024 · -10.2%
ROA
-9.7%▼
2024 · -5.6%
Interest coverage
-5.03▼
2024 · 0.00
Debt ≤ 1 year
€32k▼
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€77k€68k▼
Fixed assets21/28€27k€27k▼
Tangible fixed assets22/27€27k€27k▼
Land and buildings22€27k€25k▼
Furniture and vehicles24€448€2k▲
Current assets29/58€50k€41k▼
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€14k€5k▼
Trade receivables40€4k€3k▼
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€33k€34k▲
Deferred charges and accrued income490/1€2k€561▼
Equity and liabilities
Total equity and liabilities10/49€77k€68k▼
Equity10/15€42k€36k▼
Contributions10/11€23k€23k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€18k€11k▼
Amounts payable17/49€35k€32k▼
Amounts payable within one year42/48€35k€32k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€231€225▼
Taxes450/3€231€225▼
Other amounts payable47/48€32k€29k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1k-
Other operating charges640/8€6k€3k▼
Gross operating margin9900€5k€-656▼
Operating profit (loss)9901€-4k€-6k▼
Financial income75/76B€627€62▼
Recurring financial income75€627€62▼
Financial charges65/66B€801€780▼
Recurring financial charges65€801€780▼
Profit (loss) for the period before taxes9903€-4k€-7k▼
Profit (loss) for the period9904€-4k€-7k▼
Profit (loss) for the period to be appropriated9905€-4k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€11k▼
Profit (loss) brought forward from the previous period14P€22k€18k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €3k | €4k | €2k | ▼ 52.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €-1k | - | - |
| Other operating charges640/8 | - | €3k | €3k | €6k | €3k | ▼ 48.6% |
| Gross operating margin9900 | €5k | €9k | €9k | €5k | €-656 | ▼ 113% |
| Operating profit (loss)9901 | €7k | €3k | €3k | €-4k | €-6k | ▼ 42.0% |
| Financial income75/76B | - | €38 | €21 | €627 | €62 | ▼ 90.1% |
| Recurring financial income75 | €42 | €38 | €21 | €627 | €62 | ▼ 90.1% |
| Financial charges65/66B | - | €741 | €1k | €801 | €780 | ▼ 2.6% |
| Recurring financial charges65 | €674 | €741 | €1k | €801 | €780 | ▼ 2.6% |
| Profit (loss) for the period before taxes9903 | €7k | €2k | €2k | €-4k | €-7k | ▼ 52.8% |
| Profit (loss) for the period9904 | €7k | €2k | €2k | €-4k | €-7k | ▼ 52.8% |
| Profit (loss) for the period to be appropriated9905 | €7k | €2k | €2k | €-4k | €-7k | ▼ 52.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71k | €77k | €78k | €77k | €68k | ▼ 11.9% |
| Fixed assets21/28 | €17k | €22k | €19k | €27k | €27k | ▼ 1.0% |
| Tangible fixed assets22/27 | €17k | €22k | €19k | €27k | €27k | ▼ 1.0% |
| Land and buildings22 | - | €16k | €16k | €27k | €25k | ▼ 5.6% |
| Plant, machinery and equipment23 | - | €449 | €225 | - | - | - |
| Furniture and vehicles24 | - | €6k | €3k | €448 | €2k | ▲ 271% |
| Current assets29/58 | €54k | €55k | €59k | €50k | €41k | ▼ 17.8% |
| Stocks and contracts in progress3 | €4k | €3k | €3k | €2k | €2k | ▼ 15.5% |
| Stocks30/36 | - | €3k | €3k | €2k | €2k | ▼ 15.5% |
| Amounts receivable within one year40/41 | €9k | €17k | €15k | €14k | €5k | ▼ 62.4% |
| Trade receivables40 | - | €11k | €7k | €4k | €3k | ▼ 22.1% |
| Other amounts receivable41 | - | €5k | €7k | €9k | €2k | ▼ 81.9% |
| Cash at bank and in hand54/58 | €34k | €32k | €40k | €33k | €34k | ▲ 3.0% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €2k | €561 | ▼ 63.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71k | €77k | €78k | €77k | €68k | ▼ 11.9% |
| Equity10/15 | €42k | €45k | €47k | €42k | €36k | ▼ 15.7% |
| Contributions10/11 | - | €23k | €23k | €23k | €23k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €18k | €20k | €22k | €18k | €11k | ▼ 37.8% |
| Amounts payable17/49 | €29k | €32k | €32k | €35k | €32k | ▼ 7.3% |
| Amounts payable within one year42/48 | €29k | €32k | €32k | €35k | €32k | ▼ 7.3% |
| Trade debts44 | €640 | €2k | €1k | €2k | €3k | ▲ 33.9% |
| Suppliers440/4 | - | €2k | €1k | €2k | €3k | ▲ 33.9% |
| Taxes, remuneration and social security45 | - | €212 | €222 | €231 | €225 | ▼ 2.7% |
| Taxes450/3 | - | €212 | €222 | €231 | €225 | ▼ 2.7% |
| Other amounts payable47/48 | - | €30k | €30k | €32k | €29k | ▼ 10.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €2k | €2k | €-4k | €-7k | ▼ 52.8% |
| + Depreciation and write-downs630 | €2k | €3k | €3k | €4k | €2k | ▼ 52.4% |
| Operating cash flow (approximation) | €8k | €5k | €5k | €-174 | €-5k | ▼ 2,564% |
| Investment in fixed assets (approximation) | - | €-8k | €0 | €-12k | €-2k | ▲ 86.0% |
| Change in cash | - | €-2k | €8k | €-8k | €975 | ▲ 113% |
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
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
28-02
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
28-02
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Bouillon · 1 establishment unit since 1978
Ground area
1,360 m²
Building footprint
334 m²
Volume, LiDAR
2,487 m³
Parcel 84044D0332/00K000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Haige,Noirefontaine 3, 6831 Bouillon
since 19782.014.899.836
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84044D0332/00K000 | Wallonia | 1,359 m² | 1 · 334 m² | 10.2 m · 3 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.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,197 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
Founded20-02-1978
Fiscal year end28-02
Activities, NACEBEL 2025
43211General electrical installation work
47300Retail sale of automotive fuel
47540Retail sale of electrical household appliances
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.