ELECTRO PROJECT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €45.38M and a net result of €5.52M. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 216 sector peers (fiscal year 2026). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 31-08-2026, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
61 d early
2025
56 d early
2024
56 d early
2023
40 d early
2022
40 d early
2021
62 d early
2020
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, full schema
Equity
€45.38M▲ 8.4%
2025 · €41.87M
2019: €12.07M
2020: €13.46M
2021: €24.88M
2022: €26.71M
2023: €30.03M
2024: €35.08M
2025: €41.87M
2019 → 2026
Net result
€5.52M▼ 37.3%
2025 · €8.81M
2019: €1.31M
2020: €1.40M
2021: €11.42M
2022: €2.07M
2023: €4.12M
2024: €7.05M
2025: €8.81M
2019 → 2026
Total assets
€47.66M▲ 8.1%
2025 · €44.10M
2019: €29.89M
2020: €31.25M
2021: €25.03M
2022: €26.88M
2023: €31.05M
2024: €37.27M
2025: €44.10M
2019 → 2026
Solvency
95.2%▲ 0.3pp
2025 · 95.0%
2019: 40.4%
2020: 43.1%
2021: 99.4%
2022: 99.3%
2023: 96.7%
2024: 94.1%
2025: 95.0%
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€26.71M-€30.03M▲ 12.4%€35.08M▲ 16.8%€41.87M▲ 19.4%€45.38M▲ 8.4%
Operating result€2.81M-€2.88M▲ 2.5%€2.42M▼ 16.1%€1.89M▼ 21.7%€1.71M▼ 9.8%
Net result€2.07M-€4.12M▲ 98.7%€7.05M▲ 71.0%€8.81M▲ 24.9%€5.52M▼ 37.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2026 is 10% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €47.66M
Fixed assets
€12.88M▲ 3.4%
Current assets
€34.77M▲ 9.9%
Equity and liabilities €47.66M
Equity
€45.38M▲ 8.4%
Debt
€2.27M▲ 2.2%
The debt ratio falls from 5.0% to 4.8%. Equity and debt are higher.
Key figures and ratios
Solvency
95.2%▲
2025 · 95.0%
ROE
12.2%▼
2025 · 21.0%
ROA
11.6%▼
2025 · 20.0%
Debt
€2.27M▲
2025 · €2.22M
Debt ≤ 1 year
€2.27M▲
2025 · €2.22M
Income taxes
€548k▼
2025 · €563k
Staff costs
€1.07M▲
2025 · €941k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€44.10M€47.66M▲
Fixed assets21/28€12.46M€12.88M▲
Intangible fixed assets21-€395k
Tangible fixed assets22/27€133k€158k▲
Furniture and vehicles24€133k€158k▲
Financial fixed assets28€12.33M€12.33M=
Current assets29/58€31.63M€34.77M▲
Amounts receivable within one year40/41€669k€498k▼
Trade receivables40€352k€262k▼
Other amounts receivable41€317k€236k▼
Current investments50/53€29.19M€33.00M▲
Cash at bank and in hand54/58€1.77M€1.27M▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€44.10M€47.66M▲
Equity10/15€41.87M€45.38M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€41.69M€45.11M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€565k€881k▲
Distributable reserves133€41.12M€44.22M▲
Profit (loss) carried forward14€123k€214k▲
Amounts payable17/49€2.22M€2.27M▲
Amounts payable within one year42/48€2.22M€2.27M▲
Trade debts44€26k€40k▲
Suppliers440/4€26k€40k▲
Taxes, remuneration and social security45€196k€233k▲
Taxes450/3€36k€56k▲
Remuneration and social security454/9€160k€178k▲
Other amounts payable47/48€2.00M€2.00M=
Accrued charges and deferred income492/3€2k€321▼
Income statement
Code20252026
Remuneration, social security and pensions62€941k€1.07M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€102k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€327-
Other operating charges640/8€33k€33k▼
Gross operating margin9900€2.93M€2.91M▼
Operating profit (loss)9901€1.89M€1.71M▼
Financial income75/76B€7.63M€4.64M▼
Recurring financial income75€7.63M€4.64M▼
Financial charges65/66B€148k€271k▲
Recurring financial charges65€148k€271k▲
Profit (loss) for the period before taxes9903€9.37M€6.07M▼
Income taxes67/77€563k€548k▼
Profit (loss) for the period9904€8.81M€5.52M▼
Transfer from tax-exempt reserves789-€105k
Transfer to tax-exempt reserves689€337k€421k▲
Profit (loss) for the period to be appropriated9905€8.47M€5.21M▼
Appropriation of the result
Profit (loss) to be appropriated9906€8.53M€5.33M▼
Profit (loss) brought forward from the previous period14P€63k€123k▲
Transfer to equity691/2€6.40M€3.11M▼
To other reserves6921€6.40M€3.11M▼
Profit to be distributed694/7€2.01M€2.01M▲
Return on contributions (dividend)694€2.00M€2.00M=
Employees696€9k€11k▲
Social balance
Average headcount (FTE)90878.39.2▲
The notes to these accounts (11 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 2027, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
2025
05-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €25MEq €26.71M ▲7.3%
4 profitable years in a row build equity to €26.71M.
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Highest result since 2019net €11.42M ▲718%
Net result €11.42M, the highest in the series.
31-03
Financial
Liquidity triplescurrent ratio 87.41
Current ratio from 30.17 to 87.41; short-term debt falls from €147k to €144k.
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Deinze · 1 establishment unit since 1985
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.
Karrewegstraat 509800 DeinzeGround area
2.0 ha
Building footprint
6,762 m²
Parcel 44054B0807/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
Karrewegstraat 50, 9800 Deinze
since 19852.027.887.047
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44054B0807/00K000 | Flanders | 2.0 ha | 1 · 6,761 m² | - |
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
2022 to 2025 · 3 entries · 412 EUR awarded · 412 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 152 EUR | 152 EUR |
| 2023 | 1 | 53 EUR | 53 EUR |
| 2022 | 1 | 207 EUR | 207 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
254900460DJ8093AR074
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,754. 2,859 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-08-1985
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
71121Engineering and related technical consultancy, excluding land surveyors
74203
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.