Equity
€396,561 ▲ 5.5%
ELECTRO LIGHT has made a profit in every financial year since 2006.
ELECTRO LIGHT
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €821,652 (2023)
€685,211▼ 0.8%
peak €26,171 (2020)
€22,453▲ 26.7%
peak €396,561 (2025)
€396,561▲ 5.5%
€454,214▲ 5.1%
peak 2.8 FTE (2017)
-not published
Board2 names since 2021
2 directorsBRACKE Kris and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
Gross margin from €233,077 to €270,081Result from €17,723 to €22,453Investments €124,014
Key points
from the 2025 annual accountsChecked score
88
Excellent
Financially stronger than 50% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.4%▲ +0.1 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026highest value
04-2026: 0.2%▼ -0.2 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 2001
Figures for financial year 2025 (filed on 14-07-2026)
Size: turnover €685,211, total assets €850,775
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 50% of them on solvency, 56% on liquidity, 46% on profitability and 47% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as ELECTRO LIGHT has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ELECTRO LIGHT itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for ELECTRO LIGHT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.19 (2.53 in 2024), above the usual 1.5. Short-term debt is 16.1% and cash 9.7% of total assets. However, 53.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 days early
2024
27 days early
2023
26 days early
2022
23 days early
2021
24 days early
2020
8 days early
2019
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Filip Ghysels 50%annual accounts 2023
- Kris Bracke 50%annual accounts 2023
Recent changes
Environmental permit granted
Functiewijziging · Erpe-Mere
Registered office moved from Aalst to Erpe-Mere
New registered office: Gentsesteenweg 1, 9420 Erpe-Mere · Previous registered office: Osseweilaan 6, 9308 Aalst (Gijzegem) · Appointments: BRACKE Kris (director) and GHYSELS Filip (director) · General meeting of 23-02-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475836171
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Provincie Oost-Vlaanderen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELECTRO LIGHT Erpe-Mere | €850,775 | €270,081 | 46.6% | - |
| DE BOCK DIRK EN ZOON Beveren-Kruibeke-Zwijndrecht | €724,085 | €246,517 | 80.4% | 2.2 |
| AGE Ghent | €770,026 | €335,256 | 53.6% | - |
| PENDERS ELEKTRO Maasmechelen | €844,464 | €289,142 | 32.4% | - |
| ADIE TECHNICS Beersel | €836,525 | €253,230 | 16.1% | - |
| CHRONIC Kapellen | €942,222 | €260,972 | 50.9% | - |
| CALLEBOUT SCHOONMAAKBEDRIJF Oudenburg | €835,872 | €304,337 | 57.9% | - |
These companies have the same main activity as ELECTRO LIGHT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €724,000 and €942,000, founded between 2000 and 2002.
Official details
Source: KBO- Status
- Active since 11-10-2001Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.095.365.3939420 Erpe-Mere, since 27-11-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2024
Annual accounts 2025
- €850,775▲ 5.3%
- Employeeson 31-12-2025
- 2▼ 33.3%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on ELECTRO LIGHT
ELECTRO LIGHT has existed since 2001. The present size dates from 2008. Turnover rose that year from €193,900 to €415,073.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ELECTRO LIGHT
- What is the company number of ELECTRO LIGHT?
- The company number of ELECTRO LIGHT is 0475.836.171. The VAT number is the same number with BE in front: BE 0475.836.171.
- Where is ELECTRO LIGHT based?
- The registered office is at Gentsesteenweg 1, 9420 Erpe-Mere.Company details
- What does ELECTRO LIGHT do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ELECTRO LIGHT?
- ELECTRO LIGHT is a private limited company (BV).
- When was ELECTRO LIGHT founded?
- ELECTRO LIGHT was founded on 11-10-2001.
- Is ELECTRO LIGHT still active?
- Yes, ELECTRO LIGHT is an active enterprise in the KBO register.
- How many employees does ELECTRO LIGHT have?
- ELECTRO LIGHT had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ELECTRO LIGHT?
- The turnover of ELECTRO LIGHT was €685,211 in financial year 2025, according to the filed annual accounts.
- Is ELECTRO LIGHT profitable?
- In financial year 2025, ELECTRO LIGHT made a profit of €22,453.
- Where can I find the annual accounts of ELECTRO LIGHT?
- ELECTRO LIGHT filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELECTRO LIGHT due?
- ELECTRO LIGHT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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