ELECTRO - INDUSTRIE DEVOLDER D.
ActiveELECTRO - INDUSTRIE DEVOLDER D. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €752k and a net result of €63k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+21
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 6.72 against 10.48 in 2024), and 14.9% 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
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
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
85.1%
Return on assets
7.1%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
30 d late
2022
30 d late
2021
29 d late
2020
31 d late
2019
69 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€752k▲ 9.1%
2024 · €689k
2018: €570k
2019: €628k
2020: €642k
2021: €658k
2022: €628k
2023: €661k
2024: €689k
2018 → 2025
Total assets
€884k▲ 16.0%
2024 · €762k
2018: €776k
2019: €820k
2020: €826k
2021: €812k
2022: €781k
2023: €802k
2024: €762k
2018 → 2025
Net result
€63k▲ 121%
2024 · €28k
2018: €17k
2019: €64k
2020: €78k
2021: €40k
2022: €25k
2023: €54k
2024: €28k
2018 → 2025
Working capital
€752k▲ 9.1%
2024 · €689k
2018: €569k
2019: €611k
2020: €638k
2021: €652k
2022: €627k
2023: €661k
2024: €689k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€658k-€628k▼ 4.6%€661k▲ 5.3%€689k▲ 4.3%€752k▲ 9.1%
Operating result€65k-€35k▼ 46.2%€79k▲ 127%€31k▼ 61.1%€75k▲ 142%
Net result€40k-€25k▼ 37.8%€54k▲ 116%€28k▼ 47.2%€63k▲ 121%
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 recovers in 2025; 2025 is 142% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €884k
Equity
€752k▲ 9.1%
Debt
€132k▲ 80.9%
The debt ratio rises from 9.5% to 14.9%: debt grows faster than equity.
Key figures and ratios
Solvency
85.1%▼
2024 · 90.5%
Current ratio
6.72▼
2024 · 10.48
Quick ratio
6.14▼
2024 · 10.41
Debt / equity
0.17▲
2024 · 0.11
ROE
8.3%▲
2024 · 4.1%
ROA
7.1%▲
2024 · 3.7%
Debt
€132k▲
2024 · €73k
Debt ≤ 1 year
€132k▲
2024 · €73k
Income taxes
€24k▲
2024 · €11k
Staff costs
€68k▲
2024 · €52k
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€762k€884k▲
Current assets29/58€762k€884k▲
Stocks and contracts in progress3€5k€76k▲
Stocks30/36€5k€6k▲
Contracts in progress37-€70k
Amounts receivable within one year40/41€47k€48k▲
Trade receivables40€35k€36k▲
Other amounts receivable41€12k€12k▲
Current investments50/53-€376k
Cash at bank and in hand54/58€710k€382k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€762k€884k▲
Equity10/15€689k€752k▲
Contributions10/11€262k€262k=
Capital10€262k€262k=
Issued capital100€262k€262k=
Reserves13€427k€490k▲
Non-distributable reserves130/1€26k€26k=
Legal reserve130€26k€26k=
Distributable reserves133€401k€463k▲
Profit (loss) carried forward14€299€299=
Amounts payable17/49€73k€132k▲
Amounts payable within one year42/48€73k€132k▲
Trade debts44€4k€30k▲
Suppliers440/4€4k€30k▲
Taxes, remuneration and social security45€12k€26k▲
Taxes450/3€9k€11k▲
Remuneration and social security454/9€3k€15k▲
Other amounts payable47/48€57k€76k▲
Income statement
Code20242025
Remuneration, social security and pensions62€52k€68k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€200-
Other operating charges640/8€1k€666▼
Gross operating margin9900€84k€143k▲
Operating profit (loss)9901€31k€75k▲
Financial income75/76B€11k€15k▲
Recurring financial income75€11k€15k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€40k€87k▲
Income taxes67/77€11k€24k▲
Profit (loss) for the period9904€28k€63k▲
Profit (loss) for the period to be appropriated9905€28k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€63k▲
Profit (loss) brought forward from the previous period14P€299€299=
Transfer to equity691/2€28k€63k▲
To other reserves6921€28k€63k▲
The notes to these accounts (2 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €78k ▲21.8%
Operating result €109k, net result €78k, both a record.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Izegem · 1 establishment unit since 1994
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.
Kouterweg 1478870 IzegemGround area
661 m²
Building footprint
459 m²
Volume, LiDAR
2,086 m³
2 parcels, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELECTRO-INDUSTRIE DEVOLDER D.
since 19942.068.753.048
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36492A0121/00F003 | Flanders | 505 m² | 1 · 376 m² | 7.2 m · 1 fl. |
| 36492A0220/00Y007 | Flanders | 155 m² | 1 · 83 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9676009WE0EQD9MZPV20
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Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 5,440 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-09-1994
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.