Electro Vanackere
ActiveElectro Vanackere has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.44M and a net result of €27k. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 58% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-38
Solvency76▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.38 in 2024; short-term debt: 13.9% and cash: 12% of total assets), and 49.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.5%
Return on assets
0.9%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
141 d early
2023
58 d early
2022
22 d late
2021
2 d early
2020
16 d early
2019
74 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.44M▲ 38.3%
2024 · €1.04M
2018: €251k
2019: €244k
2020: €406k
2021: €449k
2022: €656k
2023: €881k
2024: €1.04M
2018 → 2025
Total assets
€2.85M▲ 23.2%
2024 · €2.31M
2018: €718k
2019: €851k
2020: €973k
2021: €1.36M
2022: €1.52M
2023: €1.74M
2024: €2.31M
2018 → 2025
Net result
€27k▼ 83.2%
2024 · €160k
2018: €65k
2019: €80k
2020: €162k
2021: €101k
2022: €207k
2023: €225k
2024: €160k
2018 → 2025
Working capital
€293k▲ 109%
2024 · €141k
2018: €90k
2019: €41k
2020: €181k
2021: €41k
2022: €59k
2023: €286k
2024: €141k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€449k-€656k▲ 46.0%€881k▲ 34.4%€1.04M▲ 18.2%€1.44M▲ 38.3%
Operating result€170k-€325k▲ 91.4%€356k▲ 9.3%€254k▼ 28.7%€115k▼ 54.9%
Net result€101k-€207k▲ 105%€225k▲ 9.1%€160k▼ 28.9%€27k▼ 83.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 55% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.85M
Fixed assets
€2.16M▲ 19.9%
Current assets
€691k▲ 35.0%
Equity and liabilities €2.85M
Equity
€1.44M▲ 38.3%
Debt
€1.41M▲ 10.8%
The debt ratio falls from 55.0% to 49.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€202k▼
2024 · €419k
Cash flow
€114k▼
2024 · €325k
Solvency
50.5%▲
2024 · 45.0%
Current ratio
1.74▲
2024 · 1.38
Quick ratio
1.42▲
2024 · 1.08
Debt / equity
0.98▼
2024 · 1.22
ROE
1.9%▼
2024 · 15.4%
ROA
0.9%▼
2024 · 6.9%
Interest coverage
2.33▼
2024 · 9.23
Debt
€1.41M▲
2024 · €1.27M
Debt ≤ 1 year
€397k▲
2024 · €371k
Debt > 1 year
€1.01M▲
2024 · €899k
Income taxes
€14k▼
2024 · €71k
Staff costs
€263k▲
2024 · €236k
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€2.31M€2.85M▲
Fixed assets21/28€1.80M€2.16M▲
Tangible fixed assets22/27€1.55M€2.16M▲
Land and buildings22€1.26M€1.91M▲
Plant, machinery and equipment23€11k€12k▲
Furniture and vehicles24€280k€236k▼
Other tangible fixed assets26€3k€768▼
Financial fixed assets28€250k€25▼
Current assets29/58€512k€691k▲
Stocks and contracts in progress3€111k€129k▲
Stocks30/36€111k€86k▼
Contracts in progress37-€43k
Amounts receivable within one year40/41€216k€218k▲
Trade receivables40€180k€158k▼
Other amounts receivable41€36k€60k▲
Cash at bank and in hand54/58€183k€342k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€2.31M€2.85M▲
Equity10/15€1.04M€1.44M▲
Contributions10/11€12k€384k▲
Reserves13€1.03M€1.06M▲
Tax-exempt reserves132€105k€105k=
Distributable reserves133€924k€951k▲
Amounts payable17/49€1.27M€1.41M▲
Amounts payable after more than one year17€899k€1.01M▲
Financial debts170/4€899k€1.01M▲
Amounts payable within one year42/48€371k€397k▲
Current portion of amounts payable after more than one year42€90k€104k▲
Financial debts43-€24
Credit institutions430/8-€24
Trade debts44€8k€17k▲
Suppliers440/4€8k€17k▲
Advances received on contracts in progress46€27k€0▼
Taxes, remuneration and social security45€58k€35k▼
Taxes450/3€38k€4k▼
Remuneration and social security454/9€20k€31k▲
Other amounts payable47/48€188k€241k▲
Accrued charges and deferred income492/3€875€2k▲
Income statement
Code20242025
Non-recurring operating income76A€109k€0▼
Remuneration, social security and pensions62€236k€263k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€165k€87k▼
Other operating charges640/8€17k€13k▼
Gross operating margin9900€672k€477k▼
Operating profit (loss)9901€254k€115k▼
Financial income75/76B€22k€13k▼
Recurring financial income75€22k€13k▼
Financial charges65/66B€45k€87k▲
Recurring financial charges65€45k€87k▲
Profit (loss) for the period before taxes9903€231k€41k▼
Income taxes67/77€71k€14k▼
Profit (loss) for the period9904€160k€27k▼
Transfer from tax-exempt reserves789€84k€0▼
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€244k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€244k€27k▼
Transfer to equity691/2€244k€27k▼
To other reserves6921€244k€27k▼
Social balance
Average headcount (FTE)90874.44.6▲
The notes to these accounts (23 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
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €27k ▼83.2%
Net result drops to €27k, the lowest in the series.
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.04M ▲18.2%
7 profitable years in a row build equity to €1.04M.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €225k ▲9.1%
Operating result €356k, net result €225k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
31-12
Financial
Equity above €500kEq €656k ▲46%
5 profitable years in a row build equity to €656k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Moorslede · 1 establishment unit since 2011
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.
Kleppestraat 768890 MoorsledeGround area
1,311 m²
Building footprint
325 m²
Volume, LiDAR
2,621 m³
Parcel 36003A0566/00X002, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Electro Vanackere
since 20112.200.825.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36003A0566/00X002 | Flanders | 1,311 m² | 1 · 325 m² | 14.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 4 entries · 2,735 EUR awarded · 2,735 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,600 EUR | 1,600 EUR |
| 2024 | 2 | 1,135 EUR | 1,135 EUR |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvalsElektrische installaties duaal (so)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Elektrotechnisch installateur (vwo)
Legal Entity Identifier
254900G7GYU8GMW77889
Similar companies · same sector, comparable size
Electro Services Eerdekens
BE 0726.888.801
Bree · Eq €1.44M
HEMERYCK-ELEKTRO
BE 0460.338.442
Kortemark · Eq €1.44M
COSIJNS KAREL ALGEMENE ELEKTRICITEIT
BE 0430.022.180
Pajottegem · Eq €1.45M
ALL CTRL
BE 0891.765.243
Tielt · Eq €1.43M
VERMEULEN
BE 0442.642.969
Wetteren · Eq €1.45M
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 3,671 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.