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ELECTRO - TEST

Active
Non-profit associationfounded 198738 years activeStationslaan 19, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0434.433.603
Summary

The annual accounts of ELECTRO - TEST for fiscal year 2024 show a net loss of 78% of the equity at the start of that year. The 2024 annual accounts show equity of €727,838 and a net result of -€2.5m. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 22% of 2,296 sector peers (NACE 82, fiscal year 2024). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
ELECTRO - TESTActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Other business support services
NACE 82990
#1 oldest company in Steenokkerzeel, Administrative and support services sector
Size
€17.0mturnover 2024
Staff
153.1 FTE
Equity
€727,838
Loss
-€2.5m
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 69 days overdue3 of 12 deeds read
Why 53Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €2.5m (FY 2024)- 1 change of registered office in 24 months+ Legal form Non-profit association+ Sector Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 11% of its sector peers (NACE 82, medium-sized)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 39-25
equity 14.0% of total assets
Liquidity 15-15
short-term debt 84.4% · cash 9.1%
Profitability 3-59
return on assets -48.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (221 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026highest value
Credit up to €35,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.94 against 1.39 in 2023; short-term debt: 84.4% and cash: 9.1% of total assets), and 86% of the assets are financed with debt.
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 82, medium-sized): better than 19% on solvency, 8% on liquidity, 3% on profitability and 15% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
KBO
lowers risk · Sector Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Loss of €2.5m (FY 2024)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2296 sector peers (2024).
NBB · sector comparison
Position among 2296 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 days early
2023
293 days late
2022
70 days late
2021
116 days late
2020
1 day early
2019
14 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 76 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: Eric Goossens (director)Appointments: Elly Vandervorst (director) and…
  2. Registered office · Statutes amendmentRegistered-office move · Name change…
  3. Appointment: Eric Goossens (director)Resignation: Jan Van Hoof (director)

Key points

  • Caution: From profit to loss in 2024after €112,689 in 2023 -€2.5m View
  • Caution: Among the weakest 5% on net resultsector median €33,925 · 2,291 companies -€2.5m View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Board changedlatest change 16-03-2026 · 3 in office 3 joined · 1 left View

By topic

Financials

Fiscal year
2024
Turnover
€17.0m
Loss
-€2.5m
Solvency
14.0%
Turnover▼ 4.4%
Net result
20212024
Go to Financials

Board & ownership

Board
3 members
  • Carl VandervorstDirector
  • Elly VandervorstDirector
  • Eric GoossensDirector
Go to Board & ownership

Timeline

Events
16
Since
2016
  1. 25-06-2025Annual accounts filed
  2. 20-05-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Legal form
Non-profit association
Activity
Other business support servicesNACE 82990
Founded
25-11-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
33
Purpose
Elektrische installaties; Brandveiligheidsinstallaties; Liften,hijs- en hefwerktuigen…
Go to Articles of association

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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