ELECTRO MAT
Open bankruptcyA bankruptcy procedure is open for ELECTRO MAT according to publications in the Belgian State Gazette; curator: MéLANIE VALLES RUIS.
Summary
The 2022 annual accounts show equity of €742,056 and a net result of €108,360.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 17 March 2025
- Supervising judge
- PûTZ Jean-Paul
- Official Gazette
- 24-03-2025 (pdf) ↗search the document for 2025/112096
Deadlines
- Appeal or third-party opposition until
- passed on 8 April 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 16 April 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 23 April 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 17 March 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- MéLANIE Valles RuisDreve Des Renards 8, 1180 Ucclecurateur@dechamps-avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 23-03-2023, 51 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
not filed
2024
not filed
2023
not filed
2022
51 d late
2021
226 d late
2020
152 d late
2019
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 122 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)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the General electrical installation work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€108,360▲ 30.2%
2021 · €83,209
Working capital
€855,010▲ 37.5%
2021 · €622,046
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
Line2019202020212022
Operating result€104,071-€61,999▼ 40.4%€111,509▲ 79.9%€159,209▲ 42.8%
Net result€15,434-€53,076within the sector's middle half▲ 244%€83,209within the sector's middle half▲ 56.8%€108,360within the sector's middle half▲ 30.2%
Equity€497,411-€550,487above the sector's middle half▲ 10.7%€633,696above the sector's middle half▲ 15.1%€742,056above the sector's middle half▲ 17.1%
Total assets€930,480-€781,404within the sector's middle half▼ 16.0%€864,082within the sector's middle half▲ 10.6%€1.1mwithin the sector's middle half▲ 26.3%
Debt€433,069-€230,917▼ 46.7%€230,386▼ 0.2%€348,872▲ 51.4%
Working capital€492,187-€535,122above the sector's middle half▲ 8.7%€622,046above the sector's middle half▲ 16.2%€855,010above the sector's middle half▲ 37.5%
Solvency53.5%-70.4%above the sector's middle half▲ 17.0pp73.3%above the sector's middle half▲ 2.9pp68.0%above the sector's middle half▼ 5.3pp
Current ratio2.14-3.32above the sector's middle half▲ 1.183.70above the sector's middle half▲ 0.384.82above the sector's middle half▲ 1.12
Return on assets (ROA)1.7%-6.8%within the sector's middle half▲ 5.1pp9.6%within the sector's middle half▲ 2.8pp9.9%within the sector's middle half▲ 0.3pp
Staff (FTE)13-11.5within the sector's middle half▼ 11.5%5within the sector's middle half▼ 56.5%19.5above the sector's middle half▲ 290%
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.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 43% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.1m
Fixed assets
€12,046 ▲ 3.4%
Current assets
€1.1m ▲ 26.6%
Equity and liabilities €1.1m
Equity
€742,056 ▲ 17.1%
Debt
€348,872 ▲ 51.4%
Debt's share of the balance-sheet total rises from 26.7% to 32.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€165,379▲
2021 · €117,569
Cash flow
€114,530▲
2021 · €89,269
Quick ratio
4.52▲
2021 · 3.27
Debt to equity
0.47▲
2021 · 0.36
ROE
14.6%▲
2021 · 13.1%
Interest coverage
15.87▼
2021 · 35.63
Debt ≤ 1 year
€223,872▼
2021 · €230,386
Debt > 1 year
€125,000
Income taxes
€40,428▲
2021 · €25,000
Staff costs
€253,376▲
2021 · €58,433
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €58,433 | €253,376 | ▲ 334% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,190 | €6,482 | €6,060 | €6,170 | ▲ 1.8% |
| Other operating charges640/8 | - | - | €2,728 | €37,889 | ▲ 1,289% |
| Gross operating margin9900 | €656,348 | €327,613 | €178,730 | €456,644 | ▲ 155% |
| Operating profit (loss)9901 | €104,071 | €61,999 | €111,509 | €159,209 | ▲ 42.8% |
| Recurring financial income75 | - | €403 | - | - | - |
| Financial charges65/66B | - | - | €3,300 | €10,421 | ▲ 216% |
| Recurring financial charges65 | €4,394 | €2,915 | €3,300 | €10,421 | ▲ 216% |
| Profit (loss) for the period before taxes9903 | €44,707 | €76,819 | €108,209 | €148,788 | ▲ 37.5% |
| Income taxes67/77 | €29,273 | €23,743 | €25,000 | €40,428 | ▲ 61.7% |
| Profit (loss) for the period9904 | €15,434 | €53,076 | €83,209 | €108,360 | ▲ 30.2% |
| Profit (loss) for the period to be appropriated9905 | €15,434 | €53,076 | €83,209 | €108,360 | ▲ 30.2% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €930,480 | €781,404 | €864,082 | €1.1m | ▲ 26.3% |
| Fixed assets21/28 | €5,224 | €15,365 | €11,650 | €12,046 | ▲ 3.4% |
| Tangible fixed assets22/27 | €4,214 | €14,355 | €10,640 | €11,036 | ▲ 3.7% |
| Furniture and vehicles24 | - | - | €10,640 | €11,036 | ▲ 3.7% |
| Financial fixed assets28 | €1,010 | €1,010 | €1,010 | €1,010 | = |
| Current assets29/58 | €925,256 | €766,039 | €852,432 | €1.1m | ▲ 26.6% |
| Stocks and contracts in progress3 | €115,317 | €99,792 | €99,792 | €67,242 | ▼ 32.6% |
| Stocks30/36 | - | - | €99,792 | €67,242 | ▼ 32.6% |
| Amounts receivable within one year40/41 | €623,216 | €548,493 | €747,448 | €1.0m | ▲ 34.8% |
| Trade receivables40 | - | - | €739,589 | €923,826 | ▲ 24.9% |
| Other amounts receivable41 | - | - | €7,859 | €83,626 | ▲ 964% |
| Cash at bank and in hand54/58 | €119,892 | €67,754 | €5,192 | €4,188 | ▼ 19.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €930,480 | €781,404 | €864,082 | €1.1m | ▲ 26.3% |
| Equity10/15 | €497,411 | €550,487 | €633,696 | €742,056 | ▲ 17.1% |
| Contributions10/11 | €20,000 | - | €20,000 | €20,000 | = |
| Outside capital11 | - | - | €20,000 | €20,000 | = |
| Other1109/19 | - | - | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €475,411 | €528,487 | €611,696 | €720,056 | ▲ 17.7% |
| Amounts payable17/49 | €433,069 | €230,917 | €230,386 | €348,872 | ▲ 51.4% |
| Amounts payable after more than one year17 | - | - | - | €125,000 | - |
| Financial debts170/4 | - | - | - | €125,000 | - |
| Amounts payable within one year42/48 | €433,069 | €230,917 | €230,386 | €223,872 | ▼ 2.8% |
| Current portion of amounts payable after more than one year42 | - | - | €3,333 | €3,333 | = |
| Financial debts43 | - | - | €47,477 | - | - |
| Credit institutions430/8 | - | - | €47,477 | - | - |
| Trade debts44 | €320,072 | €189,322 | €164,695 | €111,954 | ▼ 32.0% |
| Suppliers440/4 | - | - | €164,695 | €111,954 | ▼ 32.0% |
| Advances received on contracts in progress46 | - | - | - | €56,762 | - |
| Taxes, remuneration and social security45 | - | - | €14,881 | €51,823 | ▲ 248% |
| Taxes450/3 | - | - | €9,053 | €17,740 | ▲ 96.0% |
| Remuneration and social security454/9 | - | - | €5,828 | €34,082 | ▲ 485% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,434 | €53,076 | €83,209 | €108,360 | ▲ 30.2% |
| + Depreciation and write-downs630 | €3,190 | €6,482 | €6,060 | €6,170 | ▲ 1.8% |
| Operating cash flow (approximation) | €18,624 | €59,558 | €89,269 | €114,530 | ▲ 28.3% |
| Investment in fixed assets (approximation) | - | -€16,623 | -€2,345 | -€6,566 | ▼ 180% |
| Change in cash | - | -€52,138 | -€62,562 | -€1,004 | ▲ 98.4% |
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
2025
24-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 17-03-2025
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 51 days late
2022
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 226 days late
30-06
Financial
Highest result since 2019net €108,360 ▲30.2%
Operating result €159,209, net result €108,360, both a record.
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 152 days late
2020
30-06
Financial
Equity above €500,000Eq €550,487 ▲10.7%
2 profitable years in a row build equity to €550,487.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 25 days late
2018
16-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
29-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
28-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
11-02
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 11 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 2008
Ground area
6,477 m²
Building footprint
2,010 m²
Volume, LiDAR
21,290 m³
2 parcels, Brussels, Wallonia · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
60
companies at this address
See who is registered here
1 establishment unit
ELECTRO TECHNIQUE SERVICES
since 20082.168.457.170
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0420/00D000 | Brussels | 5,361 m² | 1 · 1,949 m² | 14.3 m · 4 fl. |
| 25762G0500/00Y003 | Wallonia | 1,116 m² | 1 · 61 m² | 8.4 m · 3 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MéLANIE VALLES RUIS DREVE DES RENARDS 8,
1180 UCCLE |
17-03-2025 → present |
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Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 5,499 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 (pre-2019)
Founded08-01-2008
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
Contact
Phone
+32493401701
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.