Equity
€41,360 from €90,788 in 2014
Equity fell by 54% in 11 years.
ELECTROFREIN
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €33,504 (2013)
€18,972▼ 36.3%
lowest -€14,488 (2015)
€2,306▼ 82.1%
peak €90,788 (2014)
€41,360▲ 5.9%
€130,069▼ 12.0%
Board3 names since 2021
1 director
Owners
100%
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €29,793 to €18,972Result from €12,873 to €2,306Cash from €45 to €2,018
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,986 companies had the same profile as ELECTROFREIN has now. Each dot stands for 10 companies, two years later.
96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,986 companies, not a prediction for ELECTROFREIN. 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.
Credit verdict
Credit check for an amount and term of your choice
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.
Signals
Board and ownership
Director
- 100%score equity €79,144 (2025) · 2025 annual accounts of
Recent changes
New director
appointed, resigned · Legal-form conversion: from coöperatieve vennootschap met onbeperkte aansprakelijkheid to private limited company · Director discharge: · General meeting of 29-09-2023 · Gazette deed
Resignation: (director)
General meeting of 01-07-2022 · Gazette deed
Resignation: (director)
Appointment: (director) · General meeting of 01-07-2022 · Gazette deed
New manager
appointed, resigned · General meeting of 01-07-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELECTROFREIN Brussels | €171,429 | €18,972 | 24.1% | - |
| CENTRE RECUP Anderlecht | €164,828 | €17,611 | 77.8% | - |
| TECNO PARTS Merelbeke-Melle | €166,043 | €19,827 | 71.4% | - |
| Etablissements A.M.I.S. Ixelles | €168,121 | €10,387 | 75.3% | - |
| MOTRAXX Zoutleeuw | €127,240 | €25,187 | -357.0% | - |
| AUTOBANDEN PAUL Scherpenheuvel-Zichem | €112,656 | €22,907 | -19.3% | - |
| OSCAR VAN DEN HEEDE Oostrozebeke | €274,248 | €20,263 | 90.6% | - |
These companies have the same main activity as ELECTROFREIN: retail sale of motor vehicle parts and accessories (NACE 47820). They are comparable in size and age: total assets between €113,000 and €274,000, founded between 1987 and 1993.
Official details
Source: KBO- Status
- Active since 07-11-1989Normal situation
- Activity
- Retail sale of motor vehicle parts and accessoriesNACE 47820
- Establishment unit
- 2.045.981.2101020 Brussels, since 08-12-1989
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on ELECTROFREIN
ELECTROFREIN files the micro format. That format states no turnover. The gross margin rose from €1,308 in 2006 to €18,972 in 2025.
The balance sheet grew most from 2009 to 2010 through fixed assets.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ELECTROFREIN
- What is the company number of ELECTROFREIN?
- The company number of ELECTROFREIN is 0438.800.878. The VAT number is the same number with BE in front: BE 0438.800.878.
- Where is ELECTROFREIN based?
- The registered office is at De Wandstraat 105, 1020 Brussels.Company details
- What does ELECTROFREIN do?
- According to the KBO register, the main activity is retail sale of motor vehicle parts and accessories (NACE 47820).
- What is the legal form of ELECTROFREIN?
- ELECTROFREIN is a private limited company (BV).
- When was ELECTROFREIN founded?
- ELECTROFREIN was founded on 07-11-1989.
- Is ELECTROFREIN still active?
- Yes, ELECTROFREIN is an active enterprise in the KBO register.
- What is the turnover of ELECTROFREIN?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €18,972 and 84 comparable companies (NACE 478). It probably lies between €140,000 and €770,000. It is a rough estimate.Financials
- Is ELECTROFREIN profitable?
- In financial year 2025, ELECTROFREIN made a profit of €2,306.
- Where can I find the annual accounts of ELECTROFREIN?
- ELECTROFREIN filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELECTROFREIN due?
- ELECTROFREIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.