ELECTRO PAJOTTENLAND
ActiveSummary
ELECTRO PAJOTTENLAND has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €90k and a net result of €12k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 69% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+10
Solvency80▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.32 against 1.85 in 2023; short-term debt: 24.1% and cash: 22.2% of total assets), and 44.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.2%
Return on assets
7.6%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €90k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 confirmed
2024
60 d late
2023
68 d late
2022
70 d late
2021
60 d late
2020
88 d late
2019
112 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€90k▲ 15.8%
2023 · €77k
2018: €72k
2019: €55k
2020: €83k
2021: €84k
2022: €78k
2023: €77k
2018 → 2024
Total assets
€162k▼ 14.4%
2023 · €189k
2018: €127k
2019: €118k
2020: €164k
2021: €162k
2022: €211k
2023: €189k
2018 → 2024
Net result
€12k
2023 · €-441
2018: €-2k
2019: €-18k
2020: €28k
2021: €1k
2022: €-6k
2023: €-441
2018 → 2024
Working capital
€91k▲ 36.6%
2023 · €67k
2018: €71k
2019: €53k
2020: €82k
2021: €83k
2022: €66k
2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€83k-€84k▲ 1.4%€78k▼ 7.6%€77k▼ 0.6%€90k▲ 15.8%
Operating result€31k-€2k▼ 92.1%€-420€2k€18k▲ 927%
Net result€28k-€1k▼ 95.9%€-6k€-441▲ 93.1%€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 927% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €162k
Fixed assets
€32k ▼ 27.3%
Current assets
€130k ▼ 10.4%
Equity and liabilities €162k
Equity
€90k ▲ 15.8%
Debt
€73k ▼ 35.2%
Debt's share of the balance-sheet total falls from 59.2% to 44.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▲
2023 · €14k
Cash flow
€24k▲
2023 · €12k
Current ratio
3.32▲
2023 · 1.85
Quick ratio
1.83▲
2023 · 1.16
Debt to equity
0.81▼
2023 · 1.45
ROE
13.7%▲
2023 · -0.6%
ROA
7.6%▲
2023 · -0.2%
Interest coverage
13.96▲
2023 · 6.25
Debt ≤ 1 year
€39k▼
2023 · €79k
Debt > 1 year
€34k=
2023 · €34k
Income taxes
€4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€189k€162k▼
Fixed assets21/28€44k€32k▼
Tangible fixed assets22/27€43k€31k▼
Furniture and vehicles24€43k€31k▼
Financial fixed assets28€1k€1k=
Current assets29/58€145k€130k▼
Stocks and contracts in progress3€54k€59k▲
Stocks30/36€54k€59k▲
Amounts receivable within one year40/41€57k€35k▼
Trade receivables40€57k€35k▼
Cash at bank and in hand54/58€34k€36k▲
Equity and liabilities
Total equity and liabilities10/49€189k€162k▼
Equity10/15€77k€90k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€65k€71k▲
Distributable reserves133€65k€71k▲
Profit (loss) carried forward14€-7k-
Amounts payable17/49€112k€73k▼
Amounts payable after more than one year17€34k€34k=
Financial debts170/4€34k€34k=
Amounts payable within one year42/48€79k€39k▼
Current portion of amounts payable after more than one year42€11k-
Trade debts44€58k€17k▼
Suppliers440/4€58k€17k▼
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€5k€9k▲
Other amounts payable47/48€4k€13k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k=
Other operating charges640/8€1k€2k▲
Gross operating margin9900€15k€32k▲
Operating profit (loss)9901€2k€18k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-441€16k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-441€12k▲
Profit (loss) for the period to be appropriated9905€-441€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€5k▲
Profit (loss) brought forward from the previous period14P€-6k€-7k▼
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2019
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lennik · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Markt 171750 LennikGround area
597 m²
Building footprint
139 m²
Volume, LiDAR
893 m³
Parcel 23072E0724/02M000, Flanders · tallest building 14.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELECTRO PAJOTTENLAND
since 19912.054.856.413
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23072E0724/02M000 | Flanders | 597 m² | 1 · 139 m² | 14.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Bakkerij Ambacht
BE 0651.846.037
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SURAIN ELECTRO
BE 0752.532.235
Saint-Ghislain · Eq €88,953
J. JOANNES
BE 0448.234.129
Namur · Eq €90,691
PERNEEL
BE 0462.268.148
Izegem · Eq €88,344
MADUELECTRO
BE 0447.595.909
Gembloux · Eq €90,987
Of 1,510 companies in sector 47540 we hold annual accounts for 805. 642 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-1991
Fiscal year end31-12
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.