ELECTRO STALLE
ActiveThe computed 12-month bankruptcy probability of ELECTRO STALLE is 4.1% (elevated). The 2025 annual accounts show equity of €3.09M and a net result of €-208k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 4149 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-28
Solvency73▼-2
Growth47▼-3
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days only on tighter terms
Liquidity ample (current ratio 2.14 against 2.14 in 2024; short-term debt: 43.1% and cash: 7.7% of total assets), but 52.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
2 d early
2023
32 d early
2022
3 d early
2021
31 d early
2020
4 d late
2018
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€23.67M▼ 3.8%
2024 · €24.59M
2022: €22.81M
2023: €24.07M
2024: €24.59M
2022 → 2025
EBIT margin
-0.5%▼ 1.7pp
2024 · 1.2%
2022: 2.9%
2023: 2.6%
2024: 1.2%
2022 → 2025
Net result
€-208k
2024 · €96k
2018: €111k
2020: €15k
2021: €360k
2022: €428k
2023: €377k
2024: €96k
2018 → 2025
Working capital
€3.18M▼ 1.3%
2024 · €3.22M
2018: €1.69M
2020: €1.61M
2021: €2.01M
2022: €2.57M
2023: €2.97M
2024: €3.22M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€22.81M€24.07M▲ 5.5%€24.59M▲ 2.2%€23.67M▼ 3.8%
Equity€2.40M-€2.82M▲ 17.7%€3.20M▲ 13.3%€3.30M▲ 3.0%€3.09M▼ 6.3%
Operating result€496k-€661k▲ 33.4%€630k▼ 4.7%€289k▼ 54.1%€-113k
Net result€360k-€428k▲ 18.8%€377k▼ 11.9%€96k▼ 74.6%€-208k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €113k after €289k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.46M
Fixed assets
€496k▼ 9.3%
Current assets
€5.97M▼ 1.6%
Equity and liabilities €6.46M
Equity
€3.09M▼ 6.3%
Provisions
€234k▲ 32.5%
Debt
€3.14M▲ 0.1%
The debt ratio rises from 47.5% to 48.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€179k▼
2024 · €575k
Cash flow
€84k▼
2024 · €382k
Solvency
47.8%▼
2024 · 49.9%
Current ratio
2.14▲
2024 · 2.14
Quick ratio
0.34▲
2024 · 0.33
Debt / equity
1.02▲
2024 · 0.95
ROE
-6.7%▼
2024 · 2.9%
ROA
-3.2%▼
2024 · 1.4%
Interest coverage
1.65▼
2024 · 5.69
Debt
€3.14M▲
2024 · €3.14M
Debt ≤ 1 year
€2.78M▼
2024 · €2.84M
Debt > 1 year
€329k▲
2024 · €234k
Income taxes
€2k▼
2024 · €91k
Staff costs
€2.44M▼
2024 · €2.47M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.61M€6.46M▼
Fixed assets21/28€547k€496k▼
Intangible fixed assets21€113k€160k▲
Tangible fixed assets22/27€422k€323k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€158k€126k▼
Other tangible fixed assets26€260k€195k▼
Financial fixed assets28€12k€12k=
Other financial fixed assets284/8€12k€12k=
Amounts receivable and cash guarantees285/8€12k€12k=
Current assets29/58€6.06M€5.97M▼
Stocks and contracts in progress3€5.12M€5.01M▼
Stocks30/36€5.12M€5.01M▼
Goods purchased for resale34€5.12M€5.01M▼
Amounts receivable within one year40/41€262k€366k▲
Trade receivables40€202k€303k▲
Other amounts receivable41€60k€63k▲
Cash at bank and in hand54/58€489k€495k▲
Deferred charges and accrued income490/1€192k€91k▼
Equity and liabilities
Total equity and liabilities10/49€6.61M€6.46M▼
Equity10/15€3.30M€3.09M▼
Contributions10/11€1.06M€1.06M=
Capital10€1.06M€1.06M=
Issued capital100€1.06M€1.06M=
Reserves13€70k€70k=
Non-distributable reserves130/1€70k€70k=
Legal reserve130€70k€70k=
Profit (loss) carried forward14€2.16M€1.96M▼
Provisions and deferred taxes16€177k€234k▲
Provisions for liabilities and charges160/5€177k€234k▲
Other liabilities and charges164/5€177k€234k▲
Amounts payable17/49€3.14M€3.14M▲
Amounts payable after more than one year17€234k€329k▲
Financial debts170/4€234k€329k▲
Credit institutions173€234k€329k▲
Amounts payable within one year42/48€2.84M€2.78M▼
Current portion of amounts payable after more than one year42€343k€229k▼
Financial debts43€933k€784k▼
Credit institutions430/8€933k€784k▼
Trade debts44€667k€843k▲
Suppliers440/4€667k€843k▲
Advances received on contracts in progress46€357k€355k▼
Taxes, remuneration and social security45€540k€574k▲
Taxes450/3€239k€184k▼
Remuneration and social security454/9€301k€390k▲
Accrued charges and deferred income492/3€65k€25k▼
Income statement
Code20242025
Operating income70/76A€25.13M€24.14M▼
Turnover70€24.59M€23.67M▼
Other operating income74€503k€467k▼
Non-recurring operating income76A€40k€5k▼
Operating charges60/66A€24.84M€24.25M▼
Goods for resale, raw materials and consumables60€18.17M€17.69M▼
Purchases600/8€17.72M€17.58M▼
Change in stocks: decrease (increase)609€450k€108k▼
Services and other goods61€3.67M€3.68M▲
Remuneration, social security and pensions62€2.47M€2.44M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€286k€292k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€88k€57k▼
Other operating charges640/8€69k€75k▲
Non-recurring operating charges66A€96k€18k▼
Operating profit (loss)9901€289k€-113k▼
Financial income75/76B€207k€196k▼
Recurring financial income75€207k€196k▼
Other financial income752/9€207k€196k▼
Financial charges65/66B€309k€290k▼
Recurring financial charges65€309k€290k▼
Debt charges650€101k€109k▲
Other financial charges652/9€208k€181k▼
Profit (loss) for the period before taxes9903€187k€-206k▼
Income taxes67/77€91k€2k▼
Taxes670/3€91k€2k▼
Tax adjustments and reversals of tax provisions77-€7
Profit (loss) for the period9904€96k€-208k▼
Profit (loss) for the period to be appropriated9905€96k€-208k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.17M€1.96M▼
Profit (loss) brought forward from the previous period14P€2.08M€2.16M▲
Transfer to equity691/2€7k-
To the legal reserve6920€7k-
Social balance
Average headcount (FTE)908763.258.0▼
The notes to these accounts (51 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
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Weakest financial yearnet €-208k ▼317%
Net result drops to €-208k, the lowest in the series.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Highest result since 2018net €428k ▲18.8%
Operating result €661k, net result €428k, both a record.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 4 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ukkel · 14 establishment units since 2003
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.
Stallestraat 1051180 UkkelGround area
2.8 ha
Building footprint
2.0 ha
Volume, LiDAR
124,201 m³
14 parcels, Brussels, Wallonia · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
14 establishment units
IHPO
since 20032.133.483.524
IHPO
since 20122.210.930.403
IHPO
since 20132.229.576.672
IHPO
since 20172.264.360.377
IHPO
since 20192.288.689.165
IHPO
since 20192.288.688.967
Show 8 more locations
IHPO
since 20202.300.262.651
IHPO
since 20212.312.661.033
IHPO
since 20212.314.864.022
IHPO
since 20212.317.142.532
IHPO
since 20222.327.324.364
Entrepôt IHPO
since 20222.337.784.429
IHPO
since 20232.341.859.518
IHPO
since 20252.370.203.314
14 parcels
Wallonia
10
(71.4%)
Brussels
4
(28.6%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015D0287/00E000 | Wallonia | 4,829 m² | 1 · 2,548 m² | 11.6 m · 3 fl. |
| 56001A0011/00L003 | Wallonia | 3,964 m² | 1 · 4,787 m² | 8.1 m · 2 fl. |
| 25772K0030/00G000 | Wallonia | 2,683 m² | 1 · 783 m² | - |
| 25014N0388/00B000 | Wallonia | 2,361 m² | 1 · 760 m² | 9.2 m · 2 fl. |
| 25105E0277/00A003 | Wallonia | 2,166 m² | 1 · 805 m² | 6.4 m · 2 fl. |
| 21307E0191/00T002 | Brussels | 1,961 m² | 1 · 835 m² | 6.8 m · 1 fl. |
| 52028B0370/00K013 | Wallonia | 1,811 m² | 1 · 890 m² | 7.0 m · 2 fl. |
| 92021A0042/00D000 | Wallonia | 1,627 m² | 1 · 3,793 m² | 13.1 m · 2 fl. |
| 63079A1443/00T005 | Wallonia | 1,546 m² | 1 · 571 m² | - |
| 21616G0070/00Y003 | Brussels | 1,526 m² | 1 · 1,522 m² | 13.6 m · 2 fl. |
| 62312B0423/00L006 | Wallonia | 1,346 m² | 1 · 779 m² | 8.1 m · 2 fl. |
| 21332B0424/00T007 | Brussels | 1,265 m² | 1 · 1,114 m² | 8.9 m · 2 fl. |
| 21904B0403/00N003 | Brussels | 933 m² | 1 · 905 m² | 12.5 m · 2 fl. |
| 53043A0396/00Z003indicative | Wallonia | 162 m² | 1 · 50 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 13
13 of 14 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,510 companies in sector 47540 we hold annual accounts for 805. 306 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-08-2003
Fiscal year end31-03
Activities, NACEBEL
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesPhone:010/22.49.20
Phone:02/377.11.16
E-mail:webconsulting@skynet.be
Phone:0475/410978