ELECTROMAT - BURO
ActiveSummary
ELECTROMAT - BURO has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €211k and a net result of €43k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+4
Solvency78▲+11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 2.13 in 2024; short-term debt: 36.7% and cash: 25.8% of total assets), and 46.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
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
53.2%
Return on assets
10.9%
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
23 d late
2022
20 d early
2021
25 d late
2020
27 d late
2019
19 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€211k▲ 25.7%
2024 · €168k
2018: €146k
2019: €140k▼ -3.8% vs 2018
2020: €152k▲ +8.4% vs 2019
2021: €165k▲ +8.7% vs 2020
2022: €148k▼ -10.2% vs 2021
2023: €137k▼ -7.5% vs 2022lowest in 8 years
2024: €168k▲ +22.7% vs 2023
2025: €211k▲ +25.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€397k▼ 1.4%
2024 · €403k
2018: €534k
2019: €517k▼ -3.1% vs 2018
2020: €502k▼ -3.0% vs 2019
2021: €494k▼ -1.5% vs 2020
2022: €545k▲ +10.2% vs 2021highest in 8 years
2023: €504k▼ -7.4% vs 2022
2024: €403k▼ -20.1% vs 2023
2025: €397k▼ -1.4% vs 2024lowest in 8 years
2018 → 2025
Net result
€43k▲ 38.9%
2024 · €31k
2020: €46khighest in 6 years
2021: €33k▼ -27.8% vs 2020
2022: €39k▲ +16.8% vs 2021
2023: €9k▼ -77.1% vs 2022lowest in 6 years
2024: €31k▲ +249% vs 2023
2025: €43k▲ +38.9% vs 2024
2020 → 2025
Working capital
€194k▲ 13.3%
2024 · €171k
2018: €121k
2019: €128k▲ +6.1% vs 2018
2020: €152k▲ +18.5% vs 2019
2021: €170k▲ +12.0% vs 2020
2022: €141k▼ -17.1% vs 2021
2023: €116k▼ -18.2% vs 2022lowest in 8 years
2024: €171k▲ +48.0% vs 2023
2025: €194k▲ +13.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€148k▼ 10.2%€137k▼ 7.5%€168k▲ 22.7%€211k▲ 25.7%
2021: €165k
2022: €148k▼ -10.2% vs 2021
2023: €137k▼ -7.5% vs 2022lowest in 5 years
2024: €168k▲ +22.7% vs 2023
2025: €211k▲ +25.7% vs 2024highest in 5 years
Operating result€54k-€61k▲ 13.0%€24k▼ 59.6%€55k▲ 125%€65k▲ 18.2%
2021: €54k
2022: €61k▲ +13.0% vs 2021
2023: €24k▼ -59.6% vs 2022lowest in 5 years
2024: €55k▲ +125% vs 2023
2025: €65k▲ +18.2% vs 2024highest in 5 years
Net result€33k-€39k▲ 16.8%€9k▼ 77.1%€31k▲ 249%€43k▲ 38.9%
2021: €33k
2022: €39k▲ +16.8% vs 2021
2023: €9k▼ -77.1% vs 2022lowest in 5 years
2024: €31k▲ +249% vs 2023
2025: €43k▲ +38.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €397k
Fixed assets
€57k ▼ 28.3%
Current assets
€340k ▲ 5.2%
Equity and liabilities €397k
Equity
€211k ▲ 25.7%
Debt
€186k ▼ 20.8%
Debt's share of the balance-sheet total falls from 58.3% to 46.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88k▲
2024 · €78k
Cash flow
€66k▲
2024 · €54k
Current ratio
2.33▲
2024 · 2.13
Quick ratio
1.89▲
2024 · 1.81
Debt to equity
0.88▼
2024 · 1.40
ROE
20.4%▲
2024 · 18.5%
ROA
10.9%▲
2024 · 7.7%
Interest coverage
15.73▲
2024 · 13.49
Debt ≤ 1 year
€146k▼
2024 · €152k
Debt > 1 year
€39k▼
2024 · €59k
Income taxes
€22k▼
2024 · €23k
Staff costs
€55k▼
2024 · €74k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€403k€397k▼
Fixed assets21/28€80k€57k▼
Tangible fixed assets22/27€80k€57k▼
Land and buildings22€73k€55k▼
Plant, machinery and equipment23€7k€3k▼
Current assets29/58€323k€340k▲
Stocks and contracts in progress3€48k€64k▲
Stocks30/36€48k€64k▲
Amounts receivable within one year40/41€190k€173k▼
Trade receivables40€114k€54k▼
Other amounts receivable41€76k€119k▲
Cash at bank and in hand54/58€85k€103k▲
Equity and liabilities
Total equity and liabilities10/49€403k€397k▼
Equity10/15€168k€211k▲
Contributions10/11€31k€31k=
Reserves13€137k€180k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€134k€177k▲
Amounts payable17/49€235k€186k▼
Amounts payable after more than one year17€59k€39k▼
Financial debts170/4€59k€39k▼
Amounts payable within one year42/48€152k€146k▼
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44€81k€71k▼
Suppliers440/4€81k€71k▼
Taxes, remuneration and social security45€51k€55k▲
Taxes450/3€45k€49k▲
Remuneration and social security454/9€7k€7k▼
Other amounts payable47/48-€185
Accrued charges and deferred income492/3€24k€964▼
Income statement
Code20242025
Non-recurring operating income76A€1k€25k▲
Remuneration, social security and pensions62€74k€55k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€9k€9k▼
Gross operating margin9900€161k€154k▼
Operating profit (loss)9901€55k€65k▲
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€54k€65k▲
Income taxes67/77€23k€22k▼
Profit (loss) for the period9904€31k€43k▲
Profit (loss) for the period to be appropriated9905€31k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€43k▲
Transfer to equity691/2€31k€43k▲
To the legal reserve6920€31k-
To other reserves6921-€43k
Social balance
Average headcount (FTE)90871.41.0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1k | €2k | €202 | €1k | €25k | ▲ 1,638% |
| Remuneration, social security and pensions62 | €96k | €102k | €82k | €74k | €55k | ▼ 26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €24k | €24k | €23k | €23k | ▼ 0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €2k | - |
| Other operating charges640/8 | €12k | €11k | €11k | €9k | €9k | ▼ 0.2% |
| Gross operating margin9900 | €184k | €197k | €141k | €161k | €154k | ▼ 4.6% |
| Operating profit (loss)9901 | €54k | €61k | €24k | €55k | €65k | ▲ 18.2% |
| Financial income75/76B | €1k | €1k | €2k | €5k | €5k | ▲ 13.1% |
| Recurring financial income75 | €1k | €1k | €2k | €5k | €5k | ▲ 13.1% |
| Financial charges65/66B | €9k | €8k | €7k | €6k | €6k | ▼ 3.4% |
| Recurring financial charges65 | €9k | €8k | €7k | €6k | €6k | ▼ 3.4% |
| Profit (loss) for the period before taxes9903 | €46k | €54k | €20k | €54k | €65k | ▲ 20.0% |
| Income taxes67/77 | €13k | €15k | €11k | €23k | €22k | ▼ 5.6% |
| Profit (loss) for the period9904 | €33k | €39k | €9k | €31k | €43k | ▲ 38.9% |
| Profit (loss) for the period to be appropriated9905 | €33k | €39k | €9k | €31k | €43k | ▲ 38.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €494k | €545k | €504k | €403k | €397k | ▼ 1.4% |
| Fixed assets21/28 | €128k | €122k | €100k | €80k | €57k | ▼ 28.3% |
| Tangible fixed assets22/27 | €128k | €122k | €100k | €80k | €57k | ▼ 28.3% |
| Land and buildings22 | €127k | €109k | €91k | €73k | €55k | ▼ 24.9% |
| Plant, machinery and equipment23 | €774 | €14k | €9k | €7k | €3k | ▼ 61.3% |
| Current assets29/58 | €367k | €422k | €404k | €323k | €340k | ▲ 5.2% |
| Stocks and contracts in progress3 | €68k | €62k | €58k | €48k | €64k | ▲ 33.2% |
| Stocks30/36 | €68k | €62k | €58k | €48k | €64k | ▲ 33.2% |
| Amounts receivable within one year40/41 | €156k | €231k | €110k | €190k | €173k | ▼ 8.8% |
| Trade receivables40 | €137k | €206k | €53k | €114k | €54k | ▼ 52.2% |
| Other amounts receivable41 | €19k | €25k | €57k | €76k | €119k | ▲ 56.2% |
| Cash at bank and in hand54/58 | €139k | €126k | €230k | €85k | €103k | ▲ 20.5% |
| Deferred charges and accrued income490/1 | €4k | €3k | €7k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €494k | €545k | €504k | €403k | €397k | ▼ 1.4% |
| Equity10/15 | €165k | €148k | €137k | €168k | €211k | ▲ 25.7% |
| Contributions10/11 | €31k | €31k | €31k | €31k | €31k | = |
| Reserves13 | €134k | €117k | €106k | €137k | €180k | ▲ 31.4% |
| Non-distributable reserves130/1 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | €3k | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | €131k | €114k | €103k | €134k | €177k | ▲ 32.2% |
| Amounts payable17/49 | €329k | €397k | €367k | €235k | €186k | ▼ 20.8% |
| Amounts payable after more than one year17 | €115k | €97k | €79k | €59k | €39k | ▼ 34.0% |
| Financial debts170/4 | €115k | €97k | €79k | €59k | €39k | ▼ 34.0% |
| Amounts payable within one year42/48 | €196k | €281k | €289k | €152k | €146k | ▼ 3.9% |
| Current portion of amounts payable after more than one year42 | €17k | €18k | €19k | €19k | €20k | ▲ 4.0% |
| Trade debts44 | €119k | €199k | €209k | €81k | €71k | ▼ 13.1% |
| Suppliers440/4 | €119k | €199k | €209k | €81k | €71k | ▼ 13.1% |
| Taxes, remuneration and social security45 | €40k | €44k | €41k | €51k | €55k | ▲ 7.4% |
| Taxes450/3 | €40k | €44k | €29k | €45k | €49k | ▲ 9.0% |
| Remuneration and social security454/9 | - | - | €11k | €7k | €7k | ▼ 2.6% |
| Other amounts payable47/48 | €20k | €20k | €20k | - | €185 | - |
| Accrued charges and deferred income492/3 | €18k | €18k | - | €24k | €964 | ▼ 95.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €39k | €9k | €31k | €43k | ▲ 38.9% |
| + Depreciation and write-downs630 | €23k | €24k | €24k | €23k | €23k | ▼ 0.6% |
| Operating cash flow (approximation) | €56k | €62k | €33k | €54k | €66k | ▲ 22.2% |
| Investment in fixed assets (approximation) | - | €-18k | €-1k | €-3k | €-43 | ▲ 98.4% |
| Change in cash | - | €-13k | €104k | €-145k | €17k | ▲ 112% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Equity above €200kEq €211k ▲25.7%
6 profitable years in a row build equity to €211k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Equity above €150kEq €168k ▲22.7%
5 profitable years in a row build equity to €168k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €9k ▼77.1%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Equity above €150kEq €152k ▲8.4%
Equity rises from €140k to €152k.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Ternat · 1 establishment unit since 1981
Ground area
780 m²
Building footprint
248 m²
Volume, LiDAR
1,701 m³
Parcel 23071C0695/00L006, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rodestraat 3, 1742 Ternat
since 19812.109.358.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071C0695/00L006 | Flanders | 779 m² | 1 · 248 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,121 companies in sector 46500 we hold annual accounts for 1,403. 1,081 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-05-1981
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.