ELECTRO LIGHT
ActiveSummary
ELECTRO LIGHT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €397k and a net result of €22k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+4
Solvency72▲+1
Growth66▼-1
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.53 in 2024; short-term debt: 16.1% and cash: 9.7% of total assets), but 53.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
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
46.6%
Return on assets
2.6%
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
27 d early
2023
26 d early
2022
23 d early
2021
24 d early
2020
8 d early
2019
17 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€685k▼ 0.8%
2024 · €691k
EBIT margin
5.8%▲ 0.9pp
2024 · 4.9%
Net result
€22k▲ 26.7%
2024 · €18k
Working capital
€162k▼ 16.8%
2024 · €195k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€704k▲ 0.6%€736k▲ 4.6%€822k▲ 11.6%€691k▼ 16.0%€685k▼ 0.8%
Operating result€31k▼ 25.6%€37k▲ 20.2%€39k▲ 6.6%€34k▼ 13.7%€40k▲ 17.5%
Net result€19k▼ 29.0%€23k▲ 22.3%€22k▼ 4.6%€18k▼ 18.3%€22k▲ 26.7%
EBIT margin4.4%▼ 1.5pp5.0%▲ 0.7pp4.8%▼ 0.2pp4.9%▲ 0.1pp5.8%▲ 0.9pp
Equity€319k▲ 5.6%€340k▲ 6.6%€360k▲ 5.9%€376k▲ 4.5%€397k▲ 5.5%
Total assets€772k▲ 1.5%€896k▲ 16.2%€897k▲ 0.1%€808k▼ 9.9%€851k▲ 5.3%
Debt€453k▼ 1.2%€557k▲ 22.9%€537k▼ 3.5%€432k▼ 19.5%€454k▲ 5.1%
Working capital€172k▲ 8.7%€226k▲ 31.1%€234k▲ 3.6%€195k▼ 16.6%€162k▼ 16.8%
Staff (FTE)2.9▲ 45.0%2.4▼ 17.2%2.6▲ 8.3%2.3▼ 11.5%2▼ 13.0%
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 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €851k
Fixed assets
€552k ▲ 13.6%
Current assets
€299k ▼ 7.3%
Equity and liabilities €851k
Equity
€397k ▲ 5.5%
Debt
€454k ▲ 5.1%
Debt's share of the balance-sheet total falls from 53.5% to 53.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€98k▲
2024 · €84k
Cash flow
€80k▲
2024 · €67k
Current ratio
2.19▼
2024 · 2.53
Quick ratio
1.43▼
2024 · 1.66
Debt to equity
1.15▼
2024 · 1.15
ROE
5.7%▲
2024 · 4.7%
ROA
2.6%▲
2024 · 2.2%
Interest coverage
8.03▼
2024 · 9.26
Debt ≤ 1 year
€137k▲
2024 · €127k
Debt > 1 year
€316k▲
2024 · €303k
Income taxes
€6k▼
2024 · €7k
Staff costs
€170k▲
2024 · €148k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €704k | €736k | €822k | €691k | €685k | ▼ 0.8% |
| Non-recurring operating income76A | - | - | - | - | €20k | - |
| Goods, raw materials, services and sundry goods60/61 | €482k | €515k | €567k | €457k | €435k | ▼ 5.0% |
| Remuneration, social security and pensions62 | €137k | €128k | €166k | €148k | €170k | ▲ 15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53k | €55k | €48k | €50k | €58k | ▲ 16.6% |
| Other operating charges640/8 | €2k | €1k | €2k | €2k | €2k | ▲ 19.5% |
| Gross operating margin9900 | €223k | €221k | €255k | €233k | €270k | ▲ 15.9% |
| Operating profit (loss)9901 | €31k | €37k | €39k | €34k | €40k | ▲ 17.5% |
| Financial income75/76B | €272 | €159 | €18 | €19 | €635 | ▲ 3,242% |
| Recurring financial income75 | €272 | €159 | €18 | €19 | €635 | ▲ 3,242% |
| Financial charges65/66B | €8k | €9k | €9k | €9k | €12k | ▲ 34.9% |
| Recurring financial charges65 | €8k | €9k | €9k | €9k | €12k | ▲ 34.9% |
| Profit (loss) for the period before taxes9903 | €23k | €28k | €30k | €25k | €28k | ▲ 13.6% |
| Income taxes67/77 | €5k | €5k | €8k | €7k | €6k | ▼ 18.0% |
| Profit (loss) for the period9904 | €19k | €23k | €22k | €18k | €22k | ▲ 26.7% |
| Profit (loss) for the period to be appropriated9905 | €19k | €23k | €22k | €18k | €22k | ▲ 26.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €772k | €896k | €897k | €808k | €851k | ▲ 5.3% |
| Fixed assets21/28 | €451k | €459k | €482k | €486k | €552k | ▲ 13.6% |
| Tangible fixed assets22/27 | €451k | €459k | €482k | €486k | €552k | ▲ 13.6% |
| Land and buildings22 | €344k | €384k | €428k | €449k | €497k | ▲ 10.8% |
| Plant, machinery and equipment23 | €7k | €8k | €10k | €11k | €10k | ▼ 13.6% |
| Furniture and vehicles24 | €100k | €67k | €44k | €25k | €18k | ▼ 25.5% |
| Leasing and similar rights25 | - | - | - | €768 | €26k | ▲ 3,331% |
| Current assets29/58 | €321k | €438k | €415k | €323k | €299k | ▼ 7.3% |
| Stocks and contracts in progress3 | €121k | €163k | €89k | €111k | €104k | ▼ 6.1% |
| Stocks30/36 | €84k | €83k | €80k | €85k | €95k | ▲ 11.6% |
| Contracts in progress37 | €37k | €80k | €9k | €26k | €9k | ▼ 64.4% |
| Amounts receivable within one year40/41 | €71k | €195k | €135k | €101k | €107k | ▲ 5.1% |
| Trade receivables40 | €61k | €133k | €99k | €58k | €63k | ▲ 9.8% |
| Other amounts receivable41 | €10k | €63k | €36k | €44k | €43k | ▼ 1.2% |
| Cash at bank and in hand54/58 | €127k | €77k | €187k | €106k | €82k | ▼ 22.7% |
| Deferred charges and accrued income490/1 | €2k | €3k | €4k | €4k | €6k | ▲ 60.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €772k | €896k | €897k | €808k | €851k | ▲ 5.3% |
| Equity10/15 | €319k | €340k | €360k | €376k | €397k | ▲ 5.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €300k | €321k | €341k | €357k | €378k | ▲ 5.8% |
| Non-distributable reserves130/1 | €2k | €22k | €42k | €55k | €75k | ▲ 36.4% |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Other1319 | - | €20k | €40k | €55k | €75k | ▲ 36.4% |
| Tax-exempt reserves132 | €10k | €10k | €10k | €10k | €10k | = |
| Distributable reserves133 | €288k | €289k | €289k | €292k | €293k | ▲ 0.3% |
| Amounts payable17/49 | €453k | €557k | €537k | €432k | €454k | ▲ 5.1% |
| Amounts payable after more than one year17 | €303k | €345k | €356k | €303k | €316k | ▲ 4.1% |
| Financial debts170/4 | €303k | €345k | €356k | €303k | €316k | ▲ 4.1% |
| Amounts payable within one year42/48 | €149k | €212k | €181k | €127k | €137k | ▲ 7.4% |
| Current portion of amounts payable after more than one year42 | €34k | €41k | €54k | €53k | €45k | ▼ 15.5% |
| Trade debts44 | €52k | €120k | €70k | €20k | €19k | ▼ 4.7% |
| Suppliers440/4 | €52k | €120k | €70k | €20k | €19k | ▼ 4.7% |
| Taxes, remuneration and social security45 | €35k | €23k | €36k | €28k | €32k | ▲ 11.6% |
| Taxes450/3 | €15k | €12k | €16k | €16k | €11k | ▼ 29.2% |
| Remuneration and social security454/9 | €20k | €11k | €20k | €13k | €20k | ▲ 63.1% |
| Other amounts payable47/48 | €28k | €27k | €22k | €26k | €41k | ▲ 60.0% |
| Accrued charges and deferred income492/3 | €2k | - | - | €2k | €2k | ▼ 0.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €23k | €22k | €18k | €22k | ▲ 26.7% |
| + Depreciation and write-downs630 | €53k | €55k | €48k | €50k | €58k | ▲ 16.6% |
| Operating cash flow (approximation) | €71k | €78k | €70k | €67k | €80k | ▲ 19.3% |
| Investment in fixed assets (approximation) | - | €-63k | €-71k | €-54k | €-124k | ▼ 132% |
| Change in cash | - | €-50k | €111k | €-81k | €-24k | ▲ 70.2% |
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
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €26k ▲64.9%
Operating result €41k, net result €26k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Erpe-Mere · 1 establishment unit since 2001
Ground area
1,062 m²
Building footprint
372 m²
Volume, LiDAR
633 m³
2 parcels, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Osseweilaan 6, 9308 Aalst
since 20012.095.365.393
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41019A0166/00Y000 | Flanders | 673 m² | 1 · 135 m² | 7.0 m · 2 fl. |
| 41016C0326/00B002 | Flanders | 389 m² | 1 · 236 m² | - |
Linked by address, not proof of ownership
Good to know
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
Recognised contractor
1 categoryELECTRO LIGHT BV41629
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 7,022 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
Founded11-10-2001
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.