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ELECTRO-TEC SERVICES

Active
Private limited companyfounded 2007active for 19 yearsImperiastraat 8, 1930 Zaventem, Belgium118 active companies are registered at this addressKBO/BCE: BE 0889.308.569
Summary

The computed 12-month bankruptcy probability of ELECTRO-TEC SERVICES is 5.5% (elevated). The 2024 annual accounts show equity of €57,766 and a net result of -€13,755. Equity remains stable across the filed financial years (±1.8% per year). Its solvency ranks better than 95% of 35,975 sector peers (NACE 43, financial year 2024). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other building finishing work
NACE 43350
1 site
Size
€59,294total assets 2024
Equity
€57,766
Loss
-€13,755
Turnover not published (micro format)
Financial health
37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.5%
Structure
Accounts 82 days overdue2 of 3 deeds read
Why 37raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 27-09-2025)1 financial year not filed after the legal deadline; latest accounts 58 days late; 2 of the last 3 latelowers riskFounded in 2007Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 40% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 100=
equity 97.4% of total assets
Liquidity 51-2
short-term debt 2.6% · cash 1.2%
Profitability 0-15
return on assets -23.2%
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,587 companies, NACE 43, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.8%▼ -0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025lowest value 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.1 percentage points vs 07-2025 09-2025: 1.3%▲ +0.2 percentage points vs 08-2025 10-2025: 1.8%▲ +0.5 percentage points vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.7%▼ -0.1 percentage points vs 12-2025 02-2026: 3.4%▲ +1.7 percentage points vs 01-2026 03-2026: 3.3%▼ -0.1 percentage points vs 02-2026 04-2026: 3.5%▲ +0.2 percentage points vs 03-2026 05-2026: 3.5%● unchanged vs 04-2026 06-2026: 3.5%● unchanged vs 05-2026 07-2026: 3.6%▲ +0.1 percentage points vs 06-2026 08-2026: 3.8%▲ +0.2 percentage points vs 07-2026 09-2026: 4.0%▲ +0.2 percentage points vs 08-2026 10-2026: 5.5%▲ +1.5 percentage points vs 09-2026highest value
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 37.7, above the usual 1.5; short-term debt: 2.6% and cash: 1.2% of total assets), and 2.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 90% on solvency, 46% on liquidity, 4% on profitability and 18% on growth.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 2007
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 27-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 58 days late; 2 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€13,755
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, 82 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
58 days late
2023
30 days late
2022
31 days late
2021
78 days late
2020
31 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 43 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Ahmed Naimi (director)Appointment: Asparuhov Demir (director) ·…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Among the weakest 10% on net resultsector median €9,461 · 35,944 companies -€13,755 View
  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View
  • Caution: Board changedlatest change 01-01-2026 · 1 in office 1 joined · 1 left View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€13,755 View

By topic

Financials

Financial year
2024
Total assets
€59,294
Loss
-€13,755
Solvency
97.4%
Total assets▼ 17.5%
Net result
20182024
Go to Financials

Timeline

Events
25
Since
2008
  1. 15-01-2024Resignation: NAÏMI Ahmed (director)
  2. 31-12-2023Liquidity times 9
  3. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other building finishing workNACE 43350
Founded
09-05-2007
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
17
Who signs
Each director alone
Annual meeting
Second Tuesday of April at 18:00
Purpose
“Algemene electriciteitswerken, installatie en onderhoud van zowel hoog-als…” (deed in Dutch)
Go to Articles of association

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