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Electromot

Active
Private limited companyfounded 197848 yrs activePieter De Smethstraat 23, 2140 Antwerpen, BelgiumKBO/BCE: BE 0418.667.440

The computed 12-month bankruptcy probability of Electromot is 1.6% (moderate). The 2025 annual accounts show negative equity (€-312k) and a net result of €-88k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27319 sector peers (fiscal year 2025). The company has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
7 / 100
Critical▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+83
Solvency33=
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.5 in 2024), 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 riskneutral
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 2025
Solvency, return and age of the figures
Solvency
-305.7%
Return on assets
-85.9%
Age of the figures
14 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 48 years 0 50 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€312k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 filings
Deviation from the deadline
2025
2 d late
2024
8 d early
2023
9 d early
2022
10 d early
2021
31 d late
2020
27 d late
2019
20 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-312k▼ 39.1%
2024 · €-225k
2019: €824k 2020: €834k 2021: €343k 2022: €359k 2023: €-217k 2024: €-225k
2019 → 2025
Total assets
€102k▼ 74.5%
2024 · €401k
2019: €1.35M 2020: €1.39M 2021: €1.02M 2022: €1.02M 2023: €433k 2024: €401k
2019 → 2025
Net result
€-88k▼ 1,066%
2024 · €-8k
2019: €-17k 2020: €10k 2021: €-491k 2022: €15k 2023: €-576k 2024: €-8k
2019 → 2025
Working capital
€-344k▼ 9.9%
2024 · €-313k
2019: €817k 2020: €828k 2021: €242k 2022: €262k 2023: €-309k 2024: €-313k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€343k-€359k▲ 4.5%€-217k€-225k▼ 3.5%€-312k▼ 39.1%
Operating result€-489k-€16k€-21k€-560k▼ 2,518%€-87k▲ 84.4%
Net result€-491k-€15k€-576k€-8k▲ 98.7%€-88k▼ 1,066%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-600k€-400k€-200k€0Operating result 2021: €-489k€-489kNet result 2021: €-491k€-491kOperating result 2022: €16k€16kNet result 2022: €15k€15kOperating result 2023: €-21k€-21kNet result 2023: €-576k€-576kOperating result 2024: €-560k€-560kNet result 2024: €-8k€-8kOperating result 2025: €-87k€-87kNet result 2025: €-88k€-88k20212022202320242025
The operating result stays negative: a loss of €87k in 2025 against €560k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102k
Fixed assets €32k▼ 63.9%
Current assets €70k▼ 77.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-11k
2024 · €-555k
Cash flow
€-11k
2024 · €-3k
Solvency
-305.7%
2024 · -56.0%
Current ratio
0.17
2024 · 0.50
Quick ratio
0.17
2024 · 0.50
Debt / equity
-1.33
2024 · -2.79
ROE
28.1%
2024 · 3.3%
ROA
-85.9%
2024 · -1.9%
Interest coverage
-16.13
2024 · 1.00
Debt
€414k
2024 · €626k
Debt ≤ 1 year
€414k
2024 · €626k
Income taxes
€0
2024 · €211
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€401k€102k
Fixed assets21/28€89k€32k
Tangible fixed assets22/27€89k€32k
Plant, machinery and equipment23-€1k
Furniture and vehicles24€7k€22k
Assets under construction and advance payments27€81k€8k
Current assets29/58€312k€70k
Amounts receivable within one year40/41€271k€22k
Trade receivables40€0€1k
Other amounts receivable41€271k€21k
Cash at bank and in hand54/58€40k€47k
Deferred charges and accrued income490/1€798€774
Equity and liabilities
Total equity and liabilities10/49€401k€102k
Equity10/15€-225k€-312k
Contributions10/11€19k€19k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€-243k€-331k
Amounts payable17/49€626k€414k
Amounts payable within one year42/48€626k€414k
Trade debts44€294€801
Suppliers440/4€294€801
Taxes, remuneration and social security45€211€0
Taxes450/3€211€0
Other amounts payable47/48€625k€414k
Income statement Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€76k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-480k€0
Other operating charges640/8€1.04M€1k
Non-recurring operating charges66A€0-
Gross operating margin9900€706€-9k
Operating profit (loss)9901€-560k€-87k
Financial income75/76B€0€242
Recurring financial income75€0€242
Financial charges65/66B€-553k€675
Recurring financial charges65€-553k€675
Profit (loss) for the period before taxes9903€-7k€-88k
Income taxes67/77€211€0
Profit (loss) for the period9904€-8k€-88k
Profit (loss) for the period to be appropriated9905€-8k€-88k
Appropriation of the result
Profit (loss) to be appropriated9906€-252k€-331k
Profit (loss) brought forward from the previous period14P€-245k€-243k
Transfer from equity791/2€9k€0

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
02-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
23-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
22-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-05
Financial Weakest financial yearnet €-576k ▼3846%
Net result drops to €-576k, the lowest in the series; recovery starts the following year.
2022
21-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial Back to profitnet €15k
Net result €15k after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-05
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
20-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
10-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 10 days late
10-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 375 days late
2016
22-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Antwerpen · 2 establishment units since 1978
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.

Pieter De Smethstraat 232140 Antwerpen
Ground area
1,978 m²
Building footprint
921 m²
Volume, LiDAR
3,517 m³
2 parcels, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Griffier Schobbenslaan 2A, 2140 Antwerpen
NACE 52450
since 19782.015.292.784
Pieter De Smethstraat 23, 2140 Antwerpen
Wholesale trade
since 20102.187.349.406
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11006A0190/00A010 Flanders 1,966 m² 1 · 921 m² 5.6 m · 1 fl.
11006A0190/00M009 Flanders 12 m² - -
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

Of 22,728 companies in sector 43211 we hold annual accounts for 10,269. 7,201 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-09-1978
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.