ELECTRO-tech
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
ELECTRO-tech has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,571 and a net result of €2,185. Equity has been growing by about 50% per year since 2023. Its solvency ranks better than 12% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Official details
KBO- Status
- Active since 10-08-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Valkenstraat 4, 1840 Londerzeel
- Activity
- General electrical installation work NACE 43211and 4 others
- Establishment unit
- 2.334.100.013 1840 Londerzeel, since 10-08-2022
- Financial year end
- 30 September
- Peppol
- Reachable since 17-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €5,068
- ▼ 63.4%
- Turnover
- ≈ €42,000
- estimated
- Profit
- €2,185
- ▼ 83.0%
- Equity
- €42,571
- ▲ 54.0%
- Total assets
- €723,129
- ▲ 173%
- Staff
- 0.9 FTE
Score breakdownraises riskEquity €42,571 (5.9% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €723,129Figures for financial year 2025 (filed on 28-05-2026)Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 11% of them on solvency, 12% on liquidity, 19% on profitability and 84% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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).
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.
Signals
The company filed its last 3 accounts on average 3 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed 28 days after the deadline Filed on 28 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00124312.
Annual accounts 2025
- Financial year ended
- 30-09-2025
- Filed on
- 28-05-2026
- Format
- micro format
- Reference
- 2026-00124312
2023 to 2025, 3 financial years
The operating result for 2025 is 83% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Companies with the same profile, two years later
Historical observationIn July 2024, 2,135 companies had the same profile as ELECTRO-tech has now. Two years later, 5.2% had gone bankrupt and 92.1% were still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ELECTRO-tech itself is lower: 0.6% within 12 months. It rests on far more data about ELECTRO-tech than the profile alone.
Test of the method
The method was tested on the 497,445 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 2,135 companies, not a prediction for ELECTRO-tech. 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €1.6m | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €1.5m | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.002m | €0.001m | €0.003m | ▲ 195% |
| Gross operating margin9900 | €0.02m | €0.01m | €0.005m | ▼ 63.4% |
| Operating profit (loss)9901 | €0.02m | €0.01m | €0.002m | ▼ 83.0% |
| Financial income75/76B | €23 | - | - | - |
| Recurring financial income75 | €23 | - | - | - |
| Financial charges65/66B | €0.001m | - | - | - |
| Recurring financial charges65 | €0.001m | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.01m | €0.002m | ▼ 83.0% |
| Income taxes67/77 | €0.005m | - | - | - |
| Profit (loss) for the period9904 | €0.01m | €0.01m | €0.002m | ▼ 83.0% |
| Profit (loss) for the period to be appropriated9905 | €0.01m | €0.01m | €0.002m | ▼ 83.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €275,710 | €265,031 | €723,129 | ▲ 173% |
| Fixed assets21/28 | €91,190 | €5,797 | €2,914 | ▼ 49.7% |
| Tangible fixed assets22/27 | €91,190 | €5,797 | €2,914 | ▼ 49.7% |
| Plant, machinery and equipment23 | - | €1,092 | €718 | ▼ 34.3% |
| Furniture and vehicles24 | €20,617 | €4,705 | €2,197 | ▼ 53.3% |
| Assets under construction and advance payments27 | €70,574 | - | - | - |
| Current assets29/58 | €184,520 | €259,235 | €720,215 | ▲ 178% |
| Amounts receivable within one year40/41 | €140,127 | €135,521 | €593,588 | ▲ 338% |
| Trade receivables40 | €132,164 | €50,554 | €500,636 | ▲ 890% |
| Other amounts receivable41 | €7,963 | €84,967 | €92,952 | ▲ 9.4% |
| Cash at bank and in hand54/58 | €38,172 | €123,714 | €126,626 | ▲ 2.4% |
| Deferred charges and accrued income490/1 | €6,221 | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €275,710 | €265,031 | €723,129 | ▲ 173% |
| Equity10/15 | €14,784 | €27,645 | €42,571 | ▲ 54.0% |
| Contributions10/11 | €500 | €500 | €500 | = |
| Profit (loss) carried forward14 | €14,284 | €27,145 | €42,071 | ▲ 55.0% |
| Amounts payable17/49 | €260,926 | €237,386 | €680,558 | ▲ 187% |
| Amounts payable after more than one year17 | €10,439 | €4,904 | - | - |
| Financial debts170/4 | €10,439 | €4,904 | - | - |
| Amounts payable within one year42/48 | €250,487 | €232,482 | €680,558 | ▲ 193% |
| Current portion of amounts payable after more than one year42 | €4,996 | €5,535 | €4,372 | ▼ 21.0% |
| Trade debts44 | €240,523 | €213,463 | €656,562 | ▲ 208% |
| Suppliers440/4 | €240,523 | €195,224 | €656,562 | ▲ 236% |
| Bills of exchange payable441 | - | €18,239 | - | - |
| Taxes, remuneration and social security45 | €4,969 | €13,484 | €19,624 | ▲ 45.5% |
| Taxes450/3 | €4,969 | €5,974 | €8,327 | ▲ 39.4% |
| Remuneration and social security454/9 | - | €7,510 | €11,297 | ▲ 50.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,284 | €12,861 | €2,185 | ▼ 83.0% |
| + Depreciation and write-downs630 | €2,250 | €976 | €2,882 | ▲ 195% |
| Operating cash flow (approximation) | €16,534 | €13,837 | €5,068 | ▼ 63.4% |
| Investment in fixed assets (approximation) | - | €84,418 | €0 | ▼ 100% |
| Change in cash | - | €85,541 | €2,913 | ▼ 96.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Comparable companies
These companies have the same main activity as ELECTRO-tech: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €344,000 and €976,000, founded between 2018 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| ELECTRO-tech Londerzeel | 2022 | €723,129 | €42,571 | €5,068 | €2,185 | - | 2025 |
| ENERGY FOR U Bree | 2022 | €533,554 | €377,464 | €7,130 | -€47,840 | - | 2025 |
| WE PRO ENERGY Fleurus | 2023 | €479,218 | -€37,638 | €3,079 | -€58,115 | 1.8 | 2025 |
| Voltedge-Solar Zonhoven | 2020 | €481,630 | €199,332 | €8,006 | -€11,191 | 0 | 2025 |
| STELLOW Kalmthout | 2018 | €975,949 | €150,145 | €4,634 | €88,640 | - | 2025 |
| HANtech Zutendaal | 2020 | €646,335 | €329,826 | €10,845 | -€7,837 | - | 2025 |
| Devlieghere Jens Ichtegem | 2019 | €344,369 | €19,326 | €4,785 | -€30,647 | - | 2024 |
They were chosen from the 10,240 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| PITTERS Helmine-Christine |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 13 : Vertegenwoordiging van de vennootschap De (iedere) bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…”
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuurder, één of meerdere”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Te allen tijde, algemene vergadering”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bevoegdheden,emolumenten,wijze van vereffening, Wetboek”
Articles of association, deed of 12-08-2022
Owners and capital
Capital transactions
- PITTERS Helmine-Christine 100 shares (100%) · €500 in cash
- 12-08-2022 Incorporation · €500 · 100 shares
Shares according to the articles of association
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Verslag bestuursorgaan of verslag commissaris met beoordeling ontbreekt, statutenwijziging”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 12-08-2022 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from the directors of ELECTRO-tech. Every other company they run is a node.
History
Acts, filings and financial milestones
12-08
Gazette deed
IncorporationAppointment: PITTERS Helmine-Christine (director) · Founder · Founding capital14 points ▸
- Incorporation, “ELECTRO-tech” (deed in Dutch)
- Founder, PITTERS Helmine-Christine
- Founding capital, €500
- Other provision, “oprichtingskosten”, 1200 (deed in Dutch)
- Other provision, “financieel plan, rechtvaardiging bedrag aanvankelijk eigen vermogen in licht geplande activiteiten voor periode ten minste twee jaar” (deed in Dutch)
- Other provision, “naleving voorwaarden artikels 5:3,5:5 en 5:8 Wetboek van vennootschappen en verenigingen, vaststelling door notaris dat oprichtingsakte voldoet” (deed in Dutch)
- Capital
- Board rule, 1
- Director appointment, PITTERS Helmine-Christine (director)
- Pre-incorporation commitments, “takeover, alle gestelde verbintenissen genomen door oprichter in haar naam binnen door Wetboek voorziene termijnen” (deed in Dutch)
- Other provision, “uitvoering voorwerp toelatingen, notaris heeft aandacht gevestigd op nodige voorafgaande toelatingen of vergunningen of voorwaarden inzake toegang tot beroep” (deed in Dutch)
- Other provision, “bevestiging burgerlijke stand gegevens, juistheid gegevens” (deed in Dutch)
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing 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 0789.549.613
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23045C0197/00M000 | Flanders | 645 m² | 1 · 127 m² | 8.1 m · 2 |