Electro VD
ActiveElectro VD has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-71k) and a net result of €-91k. Equity is shrinking by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 9% of 7983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-8
Solvency10▼-19
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.36 in 2024; short-term debt: 115% and cash: 1.5% of total assets), and equity is negative.
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
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-15%
Return on assets
-19.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-71k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
8 d early
2023
34 d early
2022
3 d early
2021
45 d early
2020
31 d late
2019
11 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-71k
2024 · €20k
2018: €296k
2019: €227k
2020: €189k
2021: €162k
2022: €109k
2023: €61k
2024: €20k
2018 → 2025
Total assets
€473k▲ 0.5%
2024 · €470k
2018: €503k
2019: €470k
2020: €471k
2021: €452k
2022: €448k
2023: €497k
2024: €470k
2018 → 2025
Net result
€-91k▼ 124%
2024 · €-41k
2018: €-59k
2019: €-69k
2020: €-38k
2021: €-27k
2022: €-53k
2023: €-48k
2024: €-41k
2018 → 2025
Working capital
€-373k▼ 28.5%
2024 · €-290k
2018: €15k
2019: €-29k
2020: €-87k
2021: €-111k
2022: €-163k
2023: €-257k
2024: €-290k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€162k-€109k▼ 33.0%€61k▼ 44.3%€20k▼ 67.1%€-71k
Operating result€-25k-€-54k▼ 117%€-51k▲ 5.9%€-43k▲ 16.1%€-95k▼ 121%
Net result€-27k-€-53k▼ 97.5%€-48k▲ 10.0%€-41k▲ 15.5%€-91k▼ 124%
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 stays negative: a loss of €95k in 2025 against €43k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €473k
Fixed assets
€302k▼ 2.7%
Current assets
€171k▲ 6.8%
Key figures and ratios
EBITDA
€-83k▼
2024 · €-31k
Cash flow
€-79k▼
2024 · €-29k
Solvency
-15.0%▼
2024 · 4.2%
Current ratio
0.31▼
2024 · 0.36
Quick ratio
0.21▲
2024 · 0.21
Debt / equity
-7.65▼
2024 · 22.59
ROA
-19.3%▼
2024 · -8.6%
Interest coverage
-91.26▼
2024 · -25.51
Debt
€544k▲
2024 · €450k
Debt ≤ 1 year
€544k▲
2024 · €450k
Income taxes
€183▼
2024 · €192
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€470k€473k▲
Fixed assets21/28€310k€302k▼
Tangible fixed assets22/27€310k€302k▼
Land and buildings22€269k€268k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€40k€31k▼
Financial fixed assets28€29€29=
Current assets29/58€160k€171k▲
Amounts receivable after more than one year29€80k€90k▲
Other amounts receivable291€80k€90k▲
Stocks and contracts in progress3€67k€58k▼
Stocks30/36€67k€58k▼
Amounts receivable within one year40/41€2k€12k▲
Trade receivables40-€7k
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€8k€7k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€470k€473k▲
Equity10/15€20k€-71k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€602k€602k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Distributable reserves133€577k€577k=
Profit (loss) carried forward14€-644k€-735k▼
Amounts payable17/49€450k€544k▲
Amounts payable within one year42/48€450k€544k▲
Trade debts44€13k€33k▲
Suppliers440/4€13k€33k▲
Taxes, remuneration and social security45€38€38=
Taxes450/3€38€38=
Other amounts payable47/48€438k€511k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€34k€34k▲
Gross operating margin9900€2k€-49k▼
Operating profit (loss)9901€-43k€-95k▼
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€1k€907▼
Recurring financial charges65€1k€907▼
Profit (loss) for the period before taxes9903€-40k€-91k▼
Income taxes67/77€192€183▼
Profit (loss) for the period9904€-41k€-91k▼
Profit (loss) for the period to be appropriated9905€-41k€-91k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-644k€-735k▼
Profit (loss) brought forward from the previous period14P€-603k€-644k▼
The notes to these accounts (5 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-91k
Net result drops to €-91k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Bornem · 1 establishment unit since 1985
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.
Binnendijkstraat(WEE) 192880 BornemGround area
1.7 ha
Building footprint
3,083 m²
Volume, LiDAR
14,362 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NV ELECTRO VD
since 19852.026.537.559
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0232/00S000 | Flanders | 1.5 ha | 1 · 2,932 m² | 5.4 m · 2 fl. |
| 12038A0423/00E000 | Flanders | 1,162 m² | 1 · 151 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Barbas Belgium
BE 0428.096.929
Antwerpen · Eq €20k
D.V.S. PC SYSTEMS
BE 0461.762.758
Grimbergen · Eq €20k
ELECTRO STYLMAN
BE 0694.906.020
Lanaken · Eq €20k
GinQuest
BE 0651.917.105
Hasselt · Eq €21k
GREEN HOMES
BE 0873.490.542
Gent · Eq €19k
Of 977 companies in sector 46431 we hold annual accounts for 705. 300 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-02-1985
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.