ELECTRO PICQUETTE
ActiveSummary
The computed 12-month bankruptcy probability of ELECTRO PICQUETTE is 2.3% (moderate). The 2025 annual accounts show equity of €51k and a net result of €13k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 27786 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+68
Solvency88▲+15
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.32 in 2024; short-term debt: 36.2% and cash: 5.9% of total assets), and 36.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.1%
Return on assets
16.2%
Age of the figures
9 mo
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 23-03-2026, 130 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
130 d early
2024
41 d early
2023
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 34.6%
2024 · €38k
2023: €46k
2024: €38k
2023 → 2025
Total assets
€80k▲ 2.2%
2024 · €79k
2023: €96k
2024: €79k
2023 → 2025
Net result
€13k
2024 · €-8k
2023: €45k
2024: €-8k
2023 → 2025
Working capital
€32k▲ 167%
2024 · €12k
2023: €24k
2024: €12k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€46k-€38k▼ 17.5%€51k▲ 34.6%
Operating result€60k-€-7k€18k
Net result€45k-€-8k€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €18k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€20k ▼ 33.2%
Current assets
€61k ▲ 23.3%
Equity and liabilities €80k
Equity
€51k ▲ 34.6%
Debt
€30k ▼ 27.6%
Debt's share of the balance-sheet total falls from 52.1% to 36.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2024 · €3k
Cash flow
€23k▲
2024 · €2k
Current ratio
2.08▲
2024 · 1.32
Quick ratio
1.90▲
2024 · 1.24
Debt to equity
0.59▼
2024 · 1.09
ROE
25.7%▲
2024 · -21.2%
ROA
16.2%▲
2024 · -10.2%
Interest coverage
34.68▲
2024 · 1.76
Debt ≤ 1 year
€29k▼
2024 · €37k
Debt > 1 year
€0▼
2024 · €2k
Income taxes
€6k▲
2024 · €740
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€79k€80k▲
Fixed assets21/28€29k€20k▼
Intangible fixed assets21€60€40▼
Tangible fixed assets22/27€29k€20k▼
Furniture and vehicles24€29k€20k▼
Current assets29/58€49k€61k▲
Stocks and contracts in progress3€3k€6k▲
Stocks30/36€3k€6k▲
Amounts receivable within one year40/41€45k€49k▲
Trade receivables40€36k€31k▼
Other amounts receivable41€10k€19k▲
Cash at bank and in hand54/58€0€5k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€79k€80k▲
Equity10/15€38k€51k▲
Contributions10/11€1k€1k=
Reserves13€37k€50k▲
Distributable reserves133€37k€50k▲
Amounts payable17/49€41k€30k▼
Amounts payable after more than one year17€2k€0▼
Financial debts170/4€2k€0▼
Amounts payable within one year42/48€37k€29k▼
Current portion of amounts payable after more than one year42€15k€2k▼
Trade debts44€5k€19k▲
Suppliers440/4€5k€19k▲
Taxes, remuneration and social security45€17k€7k▼
Taxes450/3€17k€7k▼
Accrued charges and deferred income492/3€1k€546▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€4k€29k▲
Operating profit (loss)9901€-7k€18k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€2k€794▼
Recurring financial charges65€2k€794▼
Profit (loss) for the period before taxes9903€-7k€19k▲
Income taxes67/77€740€6k▲
Profit (loss) for the period9904€-8k€13k▲
Profit (loss) for the period to be appropriated9905€-8k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€13k▲
Transfer from equity791/2€8k€0▼
Transfer to equity691/2€0€13k▲
To other reserves6921€0€13k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k ▼118%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 2022
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.
Jan Carreerstraat(Heu) 418501 KortrijkGround area
234 m²
Building footprint
65 m²
Parcel 34016C1076/00A002, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
ELECTRO PICQUETTE
since 20222.338.764.129
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C1076/00A002 | Flanders | 234 m² | 1 · 65 m² | 0.1 m |
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.
Recognitions · licences · registrations
Legal Entity Identifier
6488WR58Z1Q8A41U4P85
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,582 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
Founded01-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.