Electro Mac
ActiveSummary
Electro Mac has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €285,860 and a net result of €80,225. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 64% of 5,017 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €285,860
- Profit
- €80,225
- Lisan COLAKERDirector
Why 97raises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.94, cash €201,895Size: total assets €581,139Founded in 1992Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 64% on solvency, 74% on liquidity, 80% on profitability and 83% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 18 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Back to profitnet €80,225
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, full format
2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00432976.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €99,174 after a loss of €18,604 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,482 | €2,246 | €13,459 | €13,076 | €12,579 | €11,766 | €12,666 | €1,835 | ▼ 85.5% |
| Other operating charges640/8 | - | - | - | €622 | €626 | €132 | €5,183 | €788 | ▼ 84.8% |
| Gross operating margin9900 | €13,068 | €17,819 | €45,015 | €3,009 | €11,743 | €14,622 | -€755 | €101,796 | - |
| Operating profit (loss)9901 | €9,981 | €15,056 | €29,885 | -€10,689 | -€1,462 | €2,725 | -€18,604 | €99,174 | - |
| Financial income75/76B | - | - | - | €646 | €3,985 | €9,009 | €5,690 | €7,143 | ▲ 25.5% |
| Recurring financial income75 | €1,344 | €679 | €773 | €646 | €3,985 | €9,009 | €5,690 | €7,143 | ▲ 25.5% |
| Financial charges65/66B | - | - | - | €1,180 | €2,535 | €7,342 | €1,254 | €4,506 | ▲ 259% |
| Recurring financial charges65 | €489 | €853 | €1,569 | €1,180 | €2,535 | €7,342 | €1,254 | €4,506 | ▲ 259% |
| Profit (loss) for the period before taxes9903 | €10,836 | €14,882 | €29,089 | -€11,223 | -€12 | €4,392 | -€14,168 | €101,811 | - |
| Income taxes67/77 | €2,296 | €4,887 | €2,471 | €1,273 | - | - | - | €21,586 | - |
| Profit (loss) for the period9904 | €8,540 | €9,995 | €26,619 | -€12,496 | -€12 | €4,392 | -€14,168 | €80,225 | - |
| Profit (loss) for the period to be appropriated9905 | €8,540 | €9,995 | €26,619 | -€12,496 | -€12 | €4,392 | -€14,168 | €80,225 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €431,309 | €450,152 | €497,929 | €509,484 | €535,510 | €507,437 | €453,931 | €581,139 | ▲ 28.0% |
| Fixed assets21/28 | €10,241 | €7,995 | €51,527 | €38,451 | €25,872 | €14,106 | €5,940 | €8,396 | ▲ 41.3% |
| Tangible fixed assets22/27 | €8,654 | €6,409 | €49,941 | €36,864 | €24,285 | €12,519 | €4,353 | €6,809 | ▲ 56.4% |
| Land and buildings22 | - | - | - | €1,726 | €1,377 | €1,037 | €697 | €358 | ▼ 48.7% |
| Plant, machinery and equipment23 | - | - | - | €944 | €112 | €84 | €3,656 | €6,451 | ▲ 76.5% |
| Furniture and vehicles24 | - | - | - | €34,195 | €22,797 | €11,398 | - | - | - |
| Financial fixed assets28 | €1,587 | €1,587 | €1,587 | €1,587 | €1,587 | €1,587 | €1,587 | €1,587 | = |
| Current assets29/58 | €421,068 | €442,157 | €446,402 | €471,033 | €509,638 | €493,331 | €447,991 | €572,743 | ▲ 27.8% |
| Stocks and contracts in progress3 | €283,499 | €274,284 | €246,389 | €244,175 | €241,824 | €175,945 | €189,909 | €189,677 | ▼ 0.1% |
| Stocks30/36 | - | - | - | €244,175 | €241,824 | €175,945 | €189,909 | €189,677 | ▼ 0.1% |
| Amounts receivable within one year40/41 | €99,797 | €98,984 | €153,746 | €177,909 | €220,448 | €214,162 | €145,083 | €181,171 | ▲ 24.9% |
| Trade receivables40 | - | - | - | €177,897 | €220,436 | €214,149 | €141,596 | €174,533 | ▲ 23.3% |
| Other amounts receivable41 | - | - | - | €12 | €12 | €12 | €3,487 | €6,638 | ▲ 90.4% |
| Cash at bank and in hand54/58 | €37,771 | €68,889 | €45,535 | €48,609 | €47,270 | €103,223 | €111,299 | €201,895 | ▲ 81.4% |
| Deferred charges and accrued income490/1 | - | - | - | €340 | €96 | €1 | €1,699 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €431,309 | €450,152 | €497,929 | €509,484 | €535,510 | €507,437 | €453,931 | €581,139 | ▲ 28.0% |
| Equity10/15 | €191,305 | €201,300 | €227,918 | €215,422 | €215,410 | €219,802 | €205,634 | €285,860 | ▲ 39.0% |
| Contributions10/11 | €13,634 | €13,634 | €13,634 | €13,634 | €13,634 | €13,634 | €13,634 | €13,634 | = |
| Capital10 | - | - | - | €13,634 | €13,634 | €13,634 | €13,634 | €13,634 | = |
| Issued capital100 | - | - | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Uncalled capital101 | - | - | - | €4,958 | €4,958 | €4,958 | €4,958 | €4,958 | = |
| Reserves13 | €158,654 | €158,654 | €158,654 | €158,654 | €158,654 | €158,654 | €158,654 | €158,654 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | €156,795 | €156,795 | €156,795 | €156,795 | €156,795 | = |
| Profit (loss) carried forward14 | €19,017 | €29,012 | €55,630 | €43,134 | €43,122 | €47,514 | €33,346 | €113,572 | ▲ 241% |
| Amounts payable17/49 | €240,003 | €248,852 | €270,011 | €294,062 | €320,100 | €287,635 | €248,297 | €295,279 | ▲ 18.9% |
| Amounts payable after more than one year17 | - | - | €24,072 | €12,518 | €963 | - | - | - | - |
| Financial debts170/4 | - | - | - | €12,518 | €963 | - | - | - | - |
| Amounts payable within one year42/48 | €240,003 | €248,852 | €245,938 | €281,545 | €319,137 | €287,635 | €248,297 | €295,279 | ▲ 18.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €11,555 | €11,555 | €963 | - | - | - |
| Trade debts44 | €22,746 | €39,702 | €14,707 | €18,960 | €14,586 | €30,215 | €2,237 | €27,593 | ▲ 12× |
| Suppliers440/4 | - | - | - | €18,960 | €14,586 | €30,215 | €2,237 | €27,593 | ▲ 12× |
| Taxes, remuneration and social security45 | - | - | - | €55,025 | €59,992 | €14,092 | €3,833 | €24,267 | ▲ 533% |
| Taxes450/3 | - | - | - | €4,585 | €9,552 | €11,992 | - | €24,267 | - |
| Remuneration and social security454/9 | - | - | - | €50,440 | €50,440 | €2,100 | €3,833 | - | - |
| Other amounts payable47/48 | - | - | - | €196,006 | €233,006 | €242,366 | €242,228 | €243,420 | ▲ 0.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,540 | €9,995 | €26,619 | -€12,496 | -€12 | €4,392 | -€14,168 | €80,225 | - |
| + Depreciation and write-downs630 | €2,482 | €2,246 | €13,459 | €13,076 | €12,579 | €11,766 | €12,666 | €1,835 | ▼ 85.5% |
| Operating cash flow (approximation) | €11,023 | €12,240 | €40,078 | €580 | €12,567 | €16,158 | -€1,502 | €82,060 | - |
| Investment in fixed assets (approximation) | - | €0 | -€56,991 | €0 | €0 | €0 | -€4,500 | -€4,290 | ▲ 4.7% |
| Change in cash | - | €31,118 | -€23,354 | €3,074 | -€1,339 | €55,953 | €8,076 | €90,596 | ▲ 11× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 27-08-2026 | 2026-00432976 |
| 31-12-2024 | abbreviated format | 22-08-2025 | 2025-00391636 |
| 31-12-2023 | abbreviated format | 07-08-2024 | 2024-00335688 |
| 31-12-2022 | abbreviated format | 31-07-2023 | 2023-00303155 |
| 31-12-2021 | abbreviated format | 10-08-2022 | 2022-20280622 |
| 31-12-2020 | abbreviated format | 09-09-2021 | 2021-66800034 |
| 31-12-2019 | micro format | 18-08-2020 | 2020-42300218 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-54900044 |
| 31-12-2017 | micro format | 24-08-2018 | 2018-49500325 |
| 31-12-2016 | abbreviated format | 31-07-2017 | 2017-39600117 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 · 1 entry · €2,000 awarded · €2,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Lisan COLAKER |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
12-01
Gazette deed
Resignation: Lisan COLAKER (manager)Appointment: Lisan COLAKER (director) · Amendment of the articles · Capital conversion15 facts ▸
- General meeting, 19-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening, eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
- Reserve release, “opheffen, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “winst lopende boekjaar of winst voorgaande boekjaar, interimdividend” (deed in Dutch)
- Name change, Electro Mac
- Purpose change
- Registered-office move, 9000 Gent,Sleepstraat 89
- Capital
- Director resignation, Lisan COLAKER (manager)
- Director discharge, Lisan COLAKER
- Board rule, 1
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44021A0917/00E000 | Flanders | 388 m² | 1 · 369 m² | 13.7 m · 1 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- Electro Mac
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Al dan niet ten kosteloze titel, vergoeding bestuurders” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht van aandelen, rechten waarvan overdracht wordt voorgesteld” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Voorkeurrecht eigenaar-pandgever, eerst aan bestaande aandeelhouders naar evenredigheid” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, recht algemene vergadering om een of meer vereffenaars aan te duiden,bevoegdheden te…” (deed in Dutch)