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ELECTRO VERHALLE

Active
Private limited companyfounded 1982active for 43 yearsStationstraat 45, 8700 Tielt, BelgiumKBO/BCE: BE 0423.391.637
Summary

ELECTRO VERHALLE has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108,511 and a net result of €951. Equity has been shrinking by about 11% per year since 2019. Its solvency ranks better than 58% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-12-1982 Normal situation
Activity
General electrical installation work NACE 43211and 1 other
Joint committee
149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn · annual accounts 30-09-2025
Establishment unit
2.022.121.683 8700 Tielt, since 01-07-1982
Financial year end
30 September
Peppol
Reachable

Board and ownership

Board

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-09-2025
Gross margin
€13,311
Turnover
≈ €110,000
estimated
Profit
€951
Equity
€108,511
▲ 0.9%
Total assets
€201,450
▼ 8.1%
Staff
≈ 0 FTE
estimated
Filed on 09-03-2026, 52 days before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 2.11, cash €1,834lowers riskFounded in 1982Figures for financial year 2025 (filed on 10-03-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 79+5
equity 53.9% of total assets
Liquidity 29+3
short-term debt 45.9% · cash 0.9%
Profitability 32+32
return on assets 0.5%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.6%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.5%▼ -0.1 percentage points vs 02-2025 04-2025: 1.3%▲ +0.8 percentage points vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.2%▼ -0.1 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.3%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 1.3%● unchanged vs 01-2026highest value 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 0.4%▼ -0.9 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.11 (1.85 in 2024), above the usual 1.5. Short-term debt is 45.9% and cash 0.9% of total assets. 46.1% of the assets are financed with debt and provisions.
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 59% of them on solvency, 17% on liquidity, 17% on profitability and 38% on growth.

The bankruptcy probability was computed on 01-11-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1982
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 2.11, cash €1,834
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 10-03-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 days early
2024
56 days early
2023
50 days early
2022
53 days early
2021
52 days early
2020
64 days early
2019
73 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 57 days before 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)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 9 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €131,197 in 2024 €951 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Change of role: VERHALLE Dominique, from manager to statutory director
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as ELECTRO VERHALLE: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €169,000 and €256,000, founded between 1978 and 1992.

CompanyTotal assetsGross margin
ELECTRO VERHALLE Tielt€201,450€13,311
Elektro Maes Lanaken€214,530€12,428
DE CLERCQ PETER Deinze€208,954€10,686
MSB IMVEBUILD Liège€240,238€10,748
I-SYSTEM Braine-l'Alleud€256,046€15,582
Firmin L. DETHIER Liège€211,132€9,924
Alain Philips Gent€169,232€16,924
Full comparison

Key facts about ELECTRO VERHALLE

What is the company number of ELECTRO VERHALLE?
The company number of ELECTRO VERHALLE is 0423.391.637. The VAT number is the same number with BE in front: BE 0423.391.637.
Where is ELECTRO VERHALLE based?
The registered office is at Stationstraat 45, 8700 Tielt.Company details
What does ELECTRO VERHALLE do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ELECTRO VERHALLE?
The legal form of ELECTRO VERHALLE is Private limited company (BV).
When was ELECTRO VERHALLE founded?
ELECTRO VERHALLE was founded on 30-12-1982.
Is ELECTRO VERHALLE still active?
Yes, ELECTRO VERHALLE is an active enterprise in the KBO register.
How many employees does ELECTRO VERHALLE have?
ELECTRO VERHALLE had an average of 1.5 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does ELECTRO VERHALLE fall under?
In its 30-09-2025 annual accounts, ELECTRO VERHALLE states joint committee 149 (Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn).
What is the turnover of ELECTRO VERHALLE?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €13,311 and 98 comparable companies (NACE 43211). It probably lies between €72,000 and €230,000. It is a rough estimate.
Is ELECTRO VERHALLE profitable?
In financial year 2025, ELECTRO VERHALLE made a profit of €951.
Where can I find the annual accounts of ELECTRO VERHALLE?
ELECTRO VERHALLE filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELECTRO VERHALLE due?
ELECTRO VERHALLE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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