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ELECTRO-SAB

Active
Private limited companyfounded 1998active for 28 yearsBergense Steenweg 643, 1070 Anderlecht, BelgiumKBO/BCE: BE 0464.482.718
Summary

The computed 12-month bankruptcy probability of ELECTRO-SAB is 4.5% (elevated). The 2024 annual accounts show equity of €82,611 and a net result of €28,184. Equity has been growing by about 8.8% per year since 2018. Its solvency ranks better than 43% of 9,537 sector peers (NACE 47, financial year 2024). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-10-1998 Normal situation
Activity
Retail sale of lighting equipment NACE 47552and 1 other
Establishment unit
2.089.517.580 1070 Anderlecht, since 08-12-1998
Financial year end
31 December
Peppol
Reachable

Board and ownership

Financial position

40 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.5%
Annual accounts 2024
Gross margin
€66,677
▲ 12.5%
Turnover
≈ €320,000
estimated
Profit
€28,184
▲ 96×
Equity
€82,611
▲ 51.8%
Total assets
€255,778
▲ 12.6%
Staff
≈ 0.8 FTE
estimated
  • 2025 accounts not filed, 93 days past the deadline
Filed on 25-09-2026
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 421 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 26-09-2026)Size: total assets €255,778lowers riskFounded in 1998Show the evidence

Checked score

Score 2024
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 57% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Average
Solvency 57+8
equity 32.3% of total assets
Liquidity 18+9
short-term debt 67.7% · cash 3.0%
Profitability 83+14
return on assets 11.0%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025lowest value 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 2.0%▲ +0.6 percentage points vs 07-2025 09-2025: 2.3%▲ +0.3 percentage points vs 08-2025 10-2025: 2.8%▲ +0.5 percentage points vs 09-2025 11-2025: 3.1%▲ +0.3 percentage points vs 10-2025 12-2025: 3.9%▲ +0.8 percentage points vs 11-2025 01-2026: 7.2%▲ +3.3 percentage points vs 12-2025 02-2026: 7.2%● unchanged vs 01-2026 03-2026: 7.6%▲ +0.4 percentage points vs 02-2026 04-2026: 7.0%▼ -0.6 percentage points vs 03-2026 05-2026: 7.0%● unchanged vs 04-2026 06-2026: 7.0%● unchanged vs 05-2026 07-2026: 7.0%● unchanged vs 06-2026 08-2026: 8.8%▲ +1.8 percentage points vs 07-2026highest value 09-2026: 8.8%● unchanged vs 08-2026highest value 10-2026: 4.5%▼ -4.3 percentage points vs 09-2026 11-2026: 4.5%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.42 (1.24 in 2023), below the usual 1.5. Short-term debt is 67.7% and cash 3% of total assets. 67.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 48% of them on solvency, 16% on liquidity, 76% on profitability and 86% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 421 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 26-09-2026)
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €255,778
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 421 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2026, 421 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
421 days late
2023
61 days late
2022
42 days late
2021
61 days late
2020
26 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 117 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Comparable companies

These companies have the same main activity as ELECTRO-SAB: retail sale of lighting equipment (NACE 47552). They are comparable in size and age: total assets between €228,000 and €343,000, founded between 1995 and 2001.

CompanyTotal assetsGross margin
ELECTRO-SAB Anderlecht€255,778€66,677
EGETEX Schaarbeek€245,801€82,162
DECORYSA Hoeilaart€309,968€54,342
Interior Collections Zoersel€293,197€43,756
SENEL Gent€255,629€102,100
M.L. TECHNOLOGIES Mons€227,565€98,314
Led Point Liège€342,660€87,181
Full comparison

Key facts about ELECTRO-SAB

What is the company number of ELECTRO-SAB?
The company number of ELECTRO-SAB is 0464.482.718. The VAT number is the same number with BE in front: BE 0464.482.718.
Where is ELECTRO-SAB based?
The registered office is at Bergense Steenweg 643, 1070 Anderlecht.Company details
What does ELECTRO-SAB do?
According to the KBO register, the main activity is retail sale of lighting equipment (NACE 47552).
What is the legal form of ELECTRO-SAB?
The legal form of ELECTRO-SAB is Private limited company (BV).
When was ELECTRO-SAB founded?
ELECTRO-SAB was founded on 30-10-1998.
Is ELECTRO-SAB still active?
Yes, ELECTRO-SAB is an active enterprise in the KBO register.
How many employees does ELECTRO-SAB have?
ELECTRO-SAB had an average of 4.5 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of ELECTRO-SAB?
The turnover in financial year 2024 is ≈ €320,000. This figure is estimated from the gross margin of €66,677 and 35 comparable companies (NACE 475). It probably lies between €180,000 and €550,000.
Is ELECTRO-SAB profitable?
In financial year 2024, ELECTRO-SAB made a profit of €28,184.
Where can I find the annual accounts of ELECTRO-SAB?
ELECTRO-SAB filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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