At the same address
500 companies
ELECTRO SEM
Overview
Lifetime
1 annual account with figuresTurnoverpeak €96,389 (2025)
€96,389
Resultpeak €25,587 (2025)
€25,587
Equitypeak €25,587 (2025)
€25,587
Debts
€59,198
Board1 name since 2024
1 directorKOLACKJIAN Tsolag
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsChecked score
57
Fair
Financially stronger than 68% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,394 companies (NACE 33, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 3.1%
11-2025: 3.1%● unchanged vs 10-2025
12-2025: 3.2%▲ +0.1 percentage points vs 11-2025
01-2026: 3.7%▲ +0.5 percentage points vs 12-2025
02-2026: 3.9%▲ +0.2 percentage points vs 01-2026
03-2026: 4.4%▲ +0.5 percentage points vs 02-2026
04-2026: 4.8%▲ +0.4 percentage points vs 03-2026highest value
05-2026: 4.8%● unchanged vs 04-2026highest value
06-2026: 4.8%● unchanged vs 05-2026
07-2026: 4.7%▼ -0.1 percentage points vs 06-2026
08-2026: 1.5%▼ -3.2 percentage points vs 07-2026lowest value
09-2026: 1.6%▲ +0.1 percentage points vs 08-2026
10-2026: 1.7%▲ +0.1 percentage points vs 09-2026
11-2026: 1.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: turnover €96,389, total assets €84,784
No registered site in the KBO
lowers risk
Liquidity: current ratio 1.33, cash €38,999
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 33, micro). It does better than 33% of them on solvency, 80% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as ELECTRO SEM has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ELECTRO SEM itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for ELECTRO SEM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.33, below the usual 1.5. Short-term debt is 39.4% and cash 46% of total assets. 69.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
4 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1013757391
Incorporation
Founder: KOLACKJIAN Tsolag · 100 shares · Appointment: KOLACKJIAN Tsolag (director) · published on 20-09-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| ELECTRO SEM Dilbeek | €96,389 | 33.8% | 30.2% | - |
| IASO-CHIRURGIA Liège | €143,775 | 19.5% | 25.9% | - |
| BK RENOV-TOIT Dilbeek | - | - | 33.9% | - |
| CORREA RENOV Halle | €413,421 | 13.7% | 66.1% | - |
| MF Chauffage Asse | - | - | 63.8% | - |
| DVE Las en metaalwerken Kampenhout | - | - | 76.7% | - |
| GGMS GUARNERI Morlanwelz | - | - | 66.4% | - |
Grey: the largest companies of the sector (repair and installation of machinery (NACE 33)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ELECTRO SEM: repair and maintenance of fabricated metal products (NACE 33110). They are comparable in size and age: total assets between €50,100 and €116,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 18-09-2024Normal situation
- Registered office
- 501 active companies are registered at this address89 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Repair and maintenance of fabricated metal productsNACE 33110and 6 others
- Financial year end
- 31 December
- Peppol
- Reachable since 12-05-2025
Annual accounts 2025
- Turnover
- €96,389
- Profit
- €25,587
- Equity
- €25,587
- Total assets
- €84,784
- Staff
- ≈ 0.2 FTEestimated
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on ELECTRO SEM
The computed 12-month bankruptcy probability of ELECTRO SEM is 1.7% (moderate). The 2025 annual accounts show equity of €25,587 and a net result of €25,587.
Its solvency ranks better than 32% of 1,690 sector peers (NACE 33, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadlineTurnover
€96,389
Operating result
€32,605
EBITDA
€36,556
Cash flow
€29,537
Solvency
30.2%
Current ratio
1.33
Money flows
of every €100 of turnover, €26.55 remains as profit in 2025Balance sheet
balance sheet total €84,784 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
Solvency30.2%
Higher than 32% of 1,690 companies in 2025.
Current ratio1.33
Higher than 36% of 1,652 companies in 2025.
Return on assets30.2%
Higher than 80% of 1,657 companies in 2025.
ELECTRO SEM
Middle half of the sector
80% of the sector
Micro accounts in repair and installation of machinery (NACE 33)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
Total assets20/58 |
84,784 | |
Fixed assets21/28 |
40,295 | |
Tangible fixed assets22/27 |
40,195 | |
Furniture and vehicles24 |
40,195 | |
Financial fixed assets28 |
100 | |
Current assets29/58 |
44,490 | |
Amounts receivable within one year40/41 |
5,491 | |
Trade receivables40 |
5,491 | |
Cash at bank and in hand54/58 |
38,999 | |
| Balance sheet: equity and liabilities | ||
Total equity and liabilities10/49 |
84,784 | |
Equity10/15 |
25,587 | |
Profit (loss) carried forward14 |
25,587 | |
Amounts payable17/49 |
59,198 | |
Amounts payable after more than one year17 |
25,817 | |
Financial debts170/4 |
25,817 | |
Amounts payable within one year42/48 |
33,381 | |
Current portion of amounts payable after more than one year42 |
7,536 | |
Taxes, remuneration and social security45 |
8,755 | |
Taxes450/3 |
6,544 | |
Remuneration and social security454/9 |
2,211 | |
Other amounts payable47/48 |
17,090 | |
| Income statement | ||
Turnover70 |
96,389 | |
Gross operating margin9900 |
41,874 | |
Goods, raw materials, services and sundry goods60/61 |
54,515 | |
Remuneration, social security and pensions62 |
4,101 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
3,950 | |
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 |
1,217 | |
Operating profit (loss)9901 |
32,605 | |
Financial charges65/66B |
544 | |
Recurring financial charges65 |
544 | |
Profit (loss) for the period before taxes9903 |
32,061 | |
Income taxes67/77 |
6,475 | |
Profit (loss) for the period9904 |
25,587 | |
Profit (loss) for the period to be appropriated9905 |
25,587 | |
| Appropriation of the result | ||
Profit (loss) to be appropriated9906 |
25,587 | |
| Document | ||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-07-2026 | 2026-00369512 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| EBITDA | 36,556 | |
| Cash flow | 29,537 | |
| Investment in fixed assets | 44,245 | |
| Working capital | 11,109 | |
| EBIT margin | 33.8% | |
| Solvency | 30.2% | |
| Current ratio | 1.33 | |
| Debt to equity | 2.31 | |
| ROE | 100.0% | |
| ROA | 30.2% | |
| Interest coverage | 67.25 | |
| Customer credit | 21 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €44,145 |
| Financial fixed assets | €100 |
| Depreciation and write-downs of the year | €3,950 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on ELECTRO SEM
Debt's share of the balance-sheet total is 69.8%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 20-09-2024
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 20-09-2024
Mandates through the years
1 name, the dashed line is todayKOLACKJIAN Tsolag
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- KOLACKJIAN Tsolag
- Director (not named in the articles), appointed by deed of 20-09-2024, still in office
Control
Founder
KOLACKJIAN Tsolag
This company
ELECTRO SEM
Equity €25,587
Profit €25,587 in 2025
Articles of association
deed of 20-09-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie als…”
Shareholders
At incorporation
deed of 20-09-2024 ↗
- KOLACKJIAN Tsolag 100 shares (100%)
Capital transactions
Capital over time
- 20-09-2024 Incorporation · 100 shares
Network & group
No group
ELECTRO SEM has no parent and no holdings in its annual accounts. KOLACKJIAN Tsolag is the only director. ELECTRO SEM shares no director with another company.
At the same address
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Timeline
Timeline
3 events since 2024Filings
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 4 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1013757391
2024
IncorporationFounder: KOLACKJIAN Tsolag · 100 shares · Appointment: KOLACKJIAN Tsolag (director) · published on 20-09-20244 points ▸
- Founder, KOLACKJIAN Tsolag
- 100 shares
- Director appointment, KOLACKJIAN Tsolag (director (not named in the articles))
- Registered office clause, Oudesmidsestraat 20, 1700 Dilbeek
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1013.757.391
- VAT number
- BE 1013.757.391
- Peppol ID
- 0208:1013757391
- Other Peppol ID
- 9925:BE1013757391
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-09-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00deed of 20-09-2024 (in Dutch)
- Peppol
- Reachable since 12-05-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ELECTRO SEM in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-09-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 20-09-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
33110
Repair and maintenance of fabricated metal products main activity
33120
Repair and maintenance of machinery
33190
Repair, maintenance and installation of machinery and equipment
43211
General electrical installation work
43222
Installation of electric heating, air conditioning, cooling and ventilation
43310
Plastering work
Social security (RSZ) activities
43350
Other building finishing work main activity
Codes under NACEBEL 2008
33110
Repair, maintenance and installation of machinery and equipment main activity
33120
Repair, maintenance and installation of machinery and equipment
33190
Repair, maintenance and installation of machinery and equipment
43211
Specialised construction activities
43222
Specialised construction activities
43310
Plastering work
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Verkoop en herstelling van alle elektronische,elektromechanische en huishoudelijke apparaten; Het uitvoeren van bouw- en…”deed of 20-09-2024 (in Dutch)
10 activities
- Verkoop en herstelling van alle elektronische,elektromechanische en huishoudelijke apparaten;
- Het uitvoeren van bouw- en renovatiewerkzaamheden
- Het uitvoeren van loodgieters- en elektriciteitswerkzaamheden
- Het uitvoeren van schoonmaakwerkzaamheden.
- Plaatsen en herstelling van klimaatregeling,verwarmingsinstallaties;
- Plaatsen van toegang tot parkings en gebouwen,videotoezicht;
- Algemene bouwonderneming.
- HORECA
- Uitbating restaurant,snackbar,frituur,sandwicherie,drankgelegenheid,hotel,taverne,buffetten,organisatie van banketten en andere festiviteiten,dienst traiteur,tearoom,en in het algemeen alle activiteiten die een verslag hebben met de sector Horeca.
- Handel in wijnen,bieren,frisdranken en alle andere soorten dranken.
Registered office and establishments
| Oudesmidsestraat 20 registered office 1700 Dilbeek |
Buildings and parcels at the address
- Ground area
- 300 m²
- Buildings
- 299 m²
- Volume, LiDAR
- 2,755 m³
- Tallest building
- 12.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23016D0063/00W002 | 300 m² | 1 · 299 m² | 12.6 m · 3 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1013.757.391