Equity
Equity fell by 97% in 8 years.
Equity fell by 97% in 8 years.
Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.
In July 2024, 1,221 companies had the same profile as ELECTROCOM has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 1,221 companies, not a prediction for ELECTROCOM. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| ELECTROCOM Schaerbeek | €139,164 | -4.8% | 16.2% | - |
| Groovy International Roeselare | - | - | -498.0% | - |
| A.ELECTRONIC Etterbeek | - | - | -91.7% | - |
| MONDIAL STOCK Molenbeek-Saint-Jean | €3,114 | 39.1% | 79.3% | - |
| MULTIMEDIA CONCEPT Ittre | - | - | -379.7% | - |
| ELECTRO - CANDOTTI Charleroi | - | - | -678.6% | - |
| MULTI DESTOCK Binche | - | - | 95.2% | - |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ELECTROCOM: retail sale of electrical household appliances (NACE 47540). They are comparable in size and age: total assets between €6,030 and €21,000, founded between 1989 and 2010.
ELECTROCOM has existed since 2001. Turnover fell from €376,961 in 2006 to €139,164 in 2025.
Solvency fell in 2025 from 33.6% to 16.2% because of the loss.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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