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ELECTRO MOTOR SERVICE

Active
Public limited companyfounded 1991active for 34 yearsHandelsstraat 10, 8630 Veurne, BelgiumKBO/BCE: BE 0445.599.984
Summary

ELECTRO MOTOR SERVICE has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €26,953. Equity is shrinking by about 2.7% per year across the filed financial years. Its solvency ranks better than 75% of 147 sector peers (NACE 27, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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ELECTRO MOTOR SERVICEActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of electrical equipment
NACE 27120
1 site
Size
≈ €870,000turnover 2025, estimated
Staff
2 FTE
Equity
€1.3m
Profit
€26,953
Turnover estimated from the gross margin
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
4 members
2025 accounts filed 27 days late1 of 7 deeds summarised
Why 95raises riskLast filed accounts filed 27 days late; 1 of the last 3 latelowers riskFounded in 1991Size: total assets €1.9mLiquidity: current ratio 1.00, cash €469,824Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 27, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 92+3
equity 67.2% of total assets
Liquidity 67+6
short-term debt 32.8% · cash 25.1%
Profitability 58+17
return on assets 1.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (437 companies, NACE 27, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.0, compared with 0.81 in 2024, below the usual 1.5; short-term debt: 32.8% and cash: 25.1% of total assets), and 32.8% of the assets are financed with debt and provisions.
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 27, micro): better than 70% on solvency, 71% on liquidity, 41% on profitability and 50% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.
lowers riskraises risk
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €1.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.00, cash €469,824
NBB · annual accounts
raises risk · Last filed accounts filed 27 days late; 1 of the last 3 late
NBB · filings
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
29 days late
2023
40 days late
2022
21 days late
2021
20 days early
2020
54 days late
2019
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days after the deadline; the sector median (NACE 27) for financial year 2024 is 6 days before the deadline, and 37% 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 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €26,953
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Back in profit in 2025after -€25,538 in 2024 €26,953 View
  • Positive: Among the best 19% on equitysector median €386,465 · 147 companies €1.3m View
  • Active since 1991founded 30-10-1991 34 years View

By topic

Financials

Financial year
2025
Total assets
€1.9m
Profit
€26,953
Solvency
67.2%
Total assets▼ 2.8%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
  • Chris LoosberghManaging director
  • Conny MeeuwDirector
  • Emma LoosberghDirector
  • Tim LoosberghDirector
Go to Board & ownership

Timeline

Events
36
Since
1993
Next accounts
by 31-07-2027
  1. 09-09-2024Annual accounts filed
  2. 05-01-2024Reappointments: Chris Loosbergh, Conny Meeuw and 2…
  3. 21-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of electrical equipmentNACE 27120
Founded
30-10-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
40
Annual meeting
Last Saturday of June at 18:00
Purpose
“Het kopen,verkopen,herstellen en plaatsen van electrische,pneumatische,hydraulische…” (deed in Dutch)
Go to Articles of association

Key facts about ELECTRO MOTOR SERVICE

What is the company number of ELECTRO MOTOR SERVICE?
0445.599.984. In Belgium the VAT number is the company number with BE in front: BE 0445.599.984.
Where is ELECTRO MOTOR SERVICE based?
The registered office is at Handelsstraat 10, 8630 Veurne.Company details
What does ELECTRO MOTOR SERVICE do?
According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27120).
What is the legal form of ELECTRO MOTOR SERVICE?
Public limited company (NV).
When was ELECTRO MOTOR SERVICE founded?
On 30-10-1991.
Is ELECTRO MOTOR SERVICE still active?
Yes, ELECTRO MOTOR SERVICE is an active enterprise in the KBO register.
How many employees does ELECTRO MOTOR SERVICE have?
On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ELECTRO MOTOR SERVICE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ELECTRO MOTOR SERVICE profitable?
In financial year 2025, ELECTRO MOTOR SERVICE made a profit of €26,953.
Where can I find the annual accounts of ELECTRO MOTOR SERVICE?
ELECTRO MOTOR SERVICE filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELECTRO MOTOR SERVICE due?
By 31-07-2027, for financial year 2026.Timeline

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