ELECTRO DESMYTER
ActiveSummary
ELECTRO DESMYTER has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €20k. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-3
Solvency58▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.46 in 2024; short-term debt: 62.2% and cash: 0% of total assets), and 66.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
Sector 43
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-10-2025, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
8 d early
2023
on the day
2022
2 d late
2021
10 d early
2020
17 d early
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€107k▲ 20.4%
2024 · €89k
2019: €15k
2020: €29k
2021: €44k
2022: €50k
2023: €78k
2024: €89k
2019 → 2025
Total assets
€323k▲ 32.8%
2024 · €244k
2019: €148k
2020: €134k
2021: €157k
2022: €208k
2023: €255k
2024: €244k
2019 → 2025
Net result
€20k▲ 60.3%
2024 · €12k
2019: €-19k
2020: €15k
2021: €17k
2022: €8k
2023: €29k
2024: €12k
2019 → 2025
Working capital
€82k▲ 27.2%
2024 · €64k
2019: €6k
2020: €18k
2021: €43k
2022: €37k
2023: €61k
2024: €64k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€50k▲ 14.2%€78k▲ 55.5%€89k▲ 13.7%€107k▲ 20.4%
Operating result€29k-€11k▼ 62.5%€40k▲ 270%€18k▼ 55.2%€36k▲ 96.1%
Net result€17k-€8k▼ 53.9%€29k▲ 276%€12k▼ 58.1%€20k▲ 60.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 96% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €323k
Fixed assets
€41k ▲ 2.8%
Current assets
€283k ▲ 38.5%
Equity and liabilities €323k
Equity
€107k ▲ 20.4%
Debt
€216k ▲ 39.8%
Debt's share of the balance-sheet total rises from 63.6% to 66.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49k▲
2024 · €29k
Cash flow
€34k▲
2024 · €23k
Current ratio
1.41▼
2024 · 1.46
Quick ratio
0.69▲
2024 · 0.65
Debt to equity
2.03▲
2024 · 1.74
ROE
18.5%▲
2024 · 13.9%
ROA
6.1%▲
2024 · 5.1%
Interest coverage
5.49▼
2024 · 11.42
Debt ≤ 1 year
€201k▲
2024 · €140k
Debt > 1 year
€9k▼
2024 · €15k
Income taxes
€7k▲
2024 · €4k
Staff costs
€294▲
2024 · €-247
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€244k€323k▲
Fixed assets21/28€39k€41k▲
Tangible fixed assets22/27€39k€41k▲
Plant, machinery and equipment23€38k€40k▲
Furniture and vehicles24€1k€974▼
Other tangible fixed assets26€125€0▼
Current assets29/58€204k€283k▲
Stocks and contracts in progress3€113k€144k▲
Stocks30/36€113k€102k▼
Contracts in progress37€0€41k▲
Amounts receivable within one year40/41€79k€135k▲
Trade receivables40€70k€101k▲
Other amounts receivable41€9k€34k▲
Cash at bank and in hand54/58€8k€0▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€244k€323k▲
Equity10/15€89k€107k▲
Contributions10/11€6k€6k=
Reserves13€83k€101k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€83k€101k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€155k€216k▲
Amounts payable after more than one year17€15k€9k▼
Financial debts170/4€15k€9k▼
Amounts payable within one year42/48€140k€201k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€15k€85k▲
Suppliers440/4€15k€85k▲
Advances received on contracts in progress46€440€162▼
Taxes, remuneration and social security45€9k€22k▲
Taxes450/3€0€161▲
Remuneration and social security454/9€9k€22k▲
Other amounts payable47/48€110k€83k▼
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Non-recurring operating income76A€12k€0▼
Remuneration, social security and pensions62€-247€294▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k▲
Other operating charges640/8€4k€2k▼
Gross operating margin9900€33k€51k▲
Operating profit (loss)9901€18k€36k▲
Financial income75/76B€1k€409▼
Recurring financial income75€1k€409▼
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Profit (loss) for the period before taxes9903€17k€27k▲
Income taxes67/77€4k€7k▲
Profit (loss) for the period9904€12k€20k▲
Profit (loss) for the period to be appropriated9905€12k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€20k▲
Transfer from equity791/2€1k€0▼
Transfer to equity691/2€12k€18k▲
To other reserves6921€12k€18k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
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
Next filing, fiscal year 2026, expected by
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €100kEq €107k ▲20.4%
6 profitable years in a row build equity to €107k.
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €29k ▲276%
Operating result €40k, net result €29k, both a record.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
25-10
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Diksmuide · 1 establishment unit since 2012
Ground area
2,844 m²
Building footprint
205 m²
Volume, LiDAR
941 m³
Parcel 32013C0714/00W000, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Electro Desmyter
since 20122.205.812.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32013C0714/00W000 | Flanders | 2,844 m² | 1 · 205 m² | 8.4 m · 1 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
2023 to 2024 · 2 entries · 566 EUR awarded · 479 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 434 EUR | 479 EUR |
| 2023 | 1 | 132 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Stassen Sécurité
BE 0660.738.264
Aubel · Eq €106,836
Cilergy
BE 0781.771.795
Kortenberg · Eq €106,919
BATI DECO IA
BE 0708.947.957
Brussel · Eq €106,931
Jozef De Prins
BE 0415.251.357
Beerse · Eq €106,774
JAROTECH
BE 0898.095.185
Sint-Truiden · Eq €106,950
Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,779 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-2011
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
33200Installation of industrial machinery and equipment
43212Electrical installation work in industrial facilities
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.