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ELECTRO HOME

Open bankruptcy
Private limited companyfounded 1990Kerkstraat 18A, 3730 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0441.329.214
Summary

A bankruptcy procedure is open for ELECTRO HOME according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (-€37,784) and a net result of -€14,707.

ELECTRO HOMEOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
2 July 2025
Supervising judge
Hilde Claes
Official Gazette
08-07-2025 (pdf) ↗search the document for 2025/130264

Deadlines

Provisional date payments stopped
2 July 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 23 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 1 August 2025art. XX.104 and XX.155 CEL
First verification report
passed on 13 August 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 2 July 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€37,784
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
19 d early
2022
5 d early
2021
30 d late
2020
30 d late
2019
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 July 1990, ELECTRO HOME was incorporated.1 Total assets went from EUR 270,708 in 2018 to EUR 116,300 in 2024 and headcount from 4 to 2.2 full-time equivalents.2 The company was declared bankrupt on 2 July 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian State Gazette, 08-07-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€427,432
EBIT margin
3.3%
Net result
-€14,707▲ 39.6%
2023 · -€24,357
Working capital
-€25,211▼ 96.0%
2023 · -€12,860
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover
Operating result-€29,691▲ 70.1%-€12,590▲ 57.6%€41,865-€18,469-€6,519▲ 64.7%
Net result-€31,289below the sector's middle half▲ 69.4%-€13,770below the sector's middle half▲ 56.0%€40,163above the sector's middle half-€24,357below the sector's middle half-€14,707below the sector's middle half▲ 39.6%
EBIT margin
Equity-€25,113below the sector's middle half-€38,882below the sector's middle half▼ 54.8%€1,281below the sector's middle half-€23,076below the sector's middle half-€37,784below the sector's middle half▼ 63.7%
Total assets€58,996below the sector's middle half▼ 36.7%€80,535within the sector's middle half▲ 36.5%€126,336within the sector's middle half▲ 56.9%€155,980within the sector's middle half▲ 23.5%€116,300within the sector's middle half▼ 25.4%
Debt€84,109▼ 3.3%€119,417▲ 42.0%€125,055▲ 4.7%€179,056▲ 43.2%€154,084▼ 13.9%
Working capital-€36,699below the sector's middle half▼ 2,820%-€32,619below the sector's middle half▲ 11.1%€15,250within the sector's middle half-€12,860below the sector's middle half-€25,211below the sector's middle half▼ 96.0%
Solvency-42.6%below the sector's middle half▼ 49.2pp-48.3%below the sector's middle half▼ 5.7pp1.0%below the sector's middle half▲ 49.3pp-14.8%below the sector's middle half▼ 15.8pp-32.5%below the sector's middle half▼ 17.7pp
Current ratio0.56below the sector's middle half▼ 0.420.69below the sector's middle half▲ 0.121.15within the sector's middle half▲ 0.460.90below the sector's middle half▼ 0.250.76below the sector's middle half▼ 0.13
Return on assets (ROA)-53.0%below the sector's middle half▲ 56.6pp-17.1%below the sector's middle half▲ 35.9pp31.8%above the sector's middle half▲ 48.9pp-15.6%below the sector's middle half▼ 47.4pp-12.6%below the sector's middle half▲ 3.0pp
Staff (FTE)3above the sector's middle half▼ 14.3%3=3=2.4▼ 20.0%2.2▼ 8.3%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2020: -€29,691-€29,691Net result 2020: -€31,289-€31,289Operating result 2021: -€12,590-€12,590Net result 2021: -€13,770-€13,770Operating result 2022: €41,865€41,865Net result 2022: €40,163€40,163Operating result 2023: -€18,469-€18,469Net result 2023: -€24,357-€24,357Operating result 2024: -€6,519-€6,519Net result 2024: -€14,707-€14,70720202021202220232024-€40,000-€20,000€0€20,000€40,000Operating result 2022: €41,865€41,900Net result 2022: €40,163€40,200Operating result 2023: -€18,469-€18,500Net result 2023: -€24,357-€24,400Operating result 2024: -€6,519-€6,520Net result 2024: -€14,707-€14,700202220232024
The operating result stays negative: a loss of €6,519 in 2024 against €18,469 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €116,300
Fixed assets €34,512 ▼ 17.1%
Current assets €81,788 ▼ 28.5%
Key figures and ratios
2024 value · change against 2023
EBITDA
€4,167▲
2023 · -€9,110
Cash flow
-€4,022▲
2023 · -€14,998
Quick ratio
0.73▼
2023 · 0.83
Debt to equity
-4.08▲
2023 · -7.76
Interest coverage
0.50▲
2023 · -1.55
Debt ≤ 1 year
€106,999▼
2023 · €127,196
Debt > 1 year
€36,016▼
2023 · €49,212
Income taxes
€150▲
2023 · €136
Staff costs
€59,063▼
2023 · €67,312
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€155,980€116,300▼
Fixed assets21/28€41,645€34,512▼
Tangible fixed assets22/27€40,516€33,383▼
Land and buildings22€4,559€3,038▼
Furniture and vehicles24-€3,148
Leasing and similar rights25€35,957€27,198▼
Financial fixed assets28€1,129€1,129=
Current assets29/58€114,335€81,788▼
Stocks and contracts in progress3€8,822€3,531▼
Stocks30/36€8,822€3,531▼
Amounts receivable within one year40/41€66,260€77,101▲
Trade receivables40€48,494€64,995▲
Other amounts receivable41€17,766€12,106▼
Cash at bank and in hand54/58€21,674€910▼
Deferred charges and accrued income490/1€17,579€246▼
Equity and liabilities
Total equity and liabilities10/49€155,980€116,300▼
Equity10/15-€23,076-€37,784▼
Contributions10/11€74,688€74,688=
Reserves13€29,988€29,988=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€18,750€18,750=
Distributable reserves133€11,238€11,238=
Profit (loss) carried forward14-€127,752-€142,460▼
Amounts payable17/49€179,056€154,084▼
Amounts payable after more than one year17€49,212€36,016▼
Financial debts170/4€49,212€36,016▼
Amounts payable within one year42/48€127,196€106,999▼
Current portion of amounts payable after more than one year42€12,233€13,196▲
Trade debts44€76,460€49,619▼
Suppliers440/4€76,460€49,619▼
Taxes, remuneration and social security45€10,347€16,864▲
Taxes450/3€1,986€3,994▲
Remuneration and social security454/9€8,360€12,870▲
Other amounts payable47/48€28,155€27,320▼
Accrued charges and deferred income492/3€2,649€11,068▲
Income statement Code20232024
Remuneration, social security and pensions62€67,312€59,063▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,359€10,686▲
Other operating charges640/8€429€2,264▲
Gross operating margin9900€58,631€65,494▲
Operating profit (loss)9901-€18,469-€6,519▲
Financial income75/76B€119€312▲
Recurring financial income75€119€312▲
Financial charges65/66B€5,871€8,350▲
Recurring financial charges65€5,871€8,350▲
Profit (loss) for the period before taxes9903-€24,221-€14,558▲
Income taxes67/77€136€150▲
Profit (loss) for the period9904-€24,357-€14,707▲
Profit (loss) for the period to be appropriated9905-€24,357-€14,707▲
Appropriation of the result
Profit (loss) to be appropriated9906-€127,752-€142,460▼
Profit (loss) brought forward from the previous period14P-€103,395-€127,752▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€860----
Remuneration, social security and pensions62-€32,624€64,323€67,312€59,063▼ 12.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,656€2,287€2,278€9,359€10,686▲ 14.2%
Other operating charges640/8-€612€955€429€2,264▲ 427%
Gross operating margin9900€2,125€22,933€109,421€58,631€65,494▲ 11.7%
Operating profit (loss)9901-€29,691-€12,590€41,865-€18,469-€6,519▲ 64.7%
Financial income75/76B-€6€67€119€312▲ 162%
Recurring financial income75€480€6€67€119€312▲ 162%
Financial charges65/66B-€1,185€1,770€5,871€8,350▲ 42.2%
Recurring financial charges65€2,090€1,185€1,770€5,871€8,350▲ 42.2%
Profit (loss) for the period before taxes9903-€31,300-€13,770€40,163-€24,221-€14,558▲ 39.9%
Income taxes67/77-€11--€136€150▲ 9.7%
Profit (loss) for the period9904-€31,289-€13,770€40,163-€24,357-€14,707▲ 39.6%
Profit (loss) for the period to be appropriated9905-€31,289-€13,770€40,163-€24,357-€14,707▲ 39.6%
Line20202021202220232024Change
Assets
Total assets20/58€58,996€80,535€126,336€155,980€116,300▼ 25.4%
Fixed assets21/28€11,587€9,500€7,210€41,645€34,512▼ 17.1%
Tangible fixed assets22/27€10,645€8,359€6,081€40,516€33,383▼ 17.6%
Land and buildings22-€7,603€6,081€4,559€3,038▼ 33.4%
Furniture and vehicles24-€756--€3,148-
Leasing and similar rights25---€35,957€27,198▼ 24.4%
Financial fixed assets28€941€1,141€1,129€1,129€1,129=
Current assets29/58€47,409€71,035€119,126€114,335€81,788▼ 28.5%
Stocks and contracts in progress3€6,661€7,236€7,869€8,822€3,531▼ 60.0%
Stocks30/36-€7,236€7,869€8,822€3,531▼ 60.0%
Amounts receivable within one year40/41€9,778€32,602€106,304€66,260€77,101▲ 16.4%
Trade receivables40-€25,516€77,436€48,494€64,995▲ 34.0%
Other amounts receivable41-€7,086€28,868€17,766€12,106▼ 31.9%
Cash at bank and in hand54/58€30,475€30,299€4,764€21,674€910▼ 95.8%
Deferred charges and accrued income490/1-€898€189€17,579€246▼ 98.6%
Equity and liabilities
Total equity and liabilities10/49€58,996€80,535€126,336€155,980€116,300▼ 25.4%
Equity10/15-€25,113-€38,882€1,281-€23,076-€37,784▼ 63.7%
Contributions10/11-€74,688€74,688€74,688€74,688=
Reserves13€29,988€29,988€29,988€29,988€29,988=
Non-distributable reserves130/1-€7,860€7,860€0--
Reserves not available under the articles1311-€7,860€7,860€0--
Tax-exempt reserves132-€18,750€18,750€18,750€18,750=
Distributable reserves133-€3,378€3,378€11,238€11,238=
Profit (loss) carried forward14-€129,789-€143,558-€103,395-€127,752-€142,460▼ 11.5%
Amounts payable17/49€84,109€119,417€125,055€179,056€154,084▼ 13.9%
Amounts payable after more than one year17-€15,612€11,826€49,212€36,016▼ 26.8%
Financial debts170/4-€15,612€11,826€49,212€36,016▼ 26.8%
Amounts payable within one year42/48€84,109€103,654€103,876€127,196€106,999▼ 15.9%
Current portion of amounts payable after more than one year42-€3,540€3,786€12,233€13,196▲ 7.9%
Trade debts44€47,692€55,421€64,215€76,460€49,619▼ 35.1%
Suppliers440/4-€55,421€64,215€76,460€49,619▼ 35.1%
Taxes, remuneration and social security45-€11,351€14,912€10,347€16,864▲ 63.0%
Taxes450/3-€2,919€4,991€1,986€3,994▲ 101%
Remuneration and social security454/9-€8,432€9,921€8,360€12,870▲ 53.9%
Other amounts payable47/48-€33,343€20,962€28,155€27,320▼ 3.0%
Accrued charges and deferred income492/3-€151€9,354€2,649€11,068▲ 318%
Line20202021202220232024Change
Profit (loss) for the period9904-€31,289-€13,770€40,163-€24,357-€14,707▲ 39.6%
+ Depreciation and write-downs630€2,656€2,287€2,278€9,359€10,686▲ 14.2%
Operating cash flow (approximation)-€28,634-€11,483€42,441-€14,998-€4,022▲ 73.2%
Investment in fixed assets (approximation)--€200€13-€43,793-€3,553▲ 91.9%
Change in cash--€176-€25,535€16,910-€20,764▼ 223%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
08-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 02-07-2025
2024
12-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €40,163
Net result €40,163 after 3 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet -€102,129
Net result drops to -€102,129, the lowest in the series.
20-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
14-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
17-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Bilzen-Hoeselt · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
326 m²
Building footprint
100 m²
Volume, LiDAR
764 m³
Parcel 73032G0436/00M000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kerkstraat 18A, 3730 Bilzen-Hoeselt
Manufacture of machinery and equipment not elsewhere classified
since 19902.049.361.857
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73032G0436/00M000 Flanders 326 m² 1 · 100 m² 10.7 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.

Insolvency mandates

3 mandates
Role Name Tenure
Curator MARK BERNAERTS
PIEPELPOEL 13, 3700 TONGEREN- BORGLOON
02-07-2025 → present
Curator FELIX RUYS- SCHAERT
PIEPELPOEL 13, 3700 TONGEREN-BORGLOON-
02-07-2025 → present
Curator STEFANIE GROSEMANS
PIEPELPOEL 13, 3700 TONGEREN-BORGLOON-
02-07-2025 → present

Similar companies · same sector, comparable size

Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 1,204 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
Founded20-07-1990
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
27120Manufacture of electrical equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0441329214
Also 9925:BE0441329214
Registered 12-03-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.