ELECTRONIC ASSOCIATES
ActiveSummary
ELECTRONIC ASSOCIATES has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.10M and a net result of €123k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 51% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+82
Solvency80▲+59
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.97 against 0.53 in 2024; short-term debt: 39.3% and cash: 14.1% of total assets), and 45.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 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
54.7%
Return on assets
3.2%
Age of the figures
12 mo
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 18-12-2025, 133 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
133 d early
2024
15 d early
2023
48 d late
2022
39 d early
2021
4 d early
2020
1 d early
2019
13 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€442k
EBIT margin
29.0%
Net result
€123k
2024 · €-2.70M
2018: €-1k
2019: €-1k
2020: €-1k
2021: €-3k
2022: €-232
2023: €-14k
2024: €-2.70M
2018 → 2025
Working capital
€-51k▲ 95.4%
2024 · €-1.12M
2018: €-3.38M
2019: €-3.38M
2020: €-3.38M
2021: €-3.39M
2022: €-3.39M
2023: €-3.40M
2024: €-1.12M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€442k
Equity€315k-€315k▼ 0.1%€301k▼ 4.4%€-114k€2.10M
Operating result€-3k-€-208▲ 92.7%€-14k▼ 6,532%€-20k▼ 47.7%€128k
Net result€-3k-€-232▲ 92.0%€-14k▼ 5,856%€-2.70M▼ 19,425%€123k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €128k after a loss of €20k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.84M
Fixed assets
€2.38M ▲ 82.3%
Current assets
€1.46M ▲ 17.3%
Equity and liabilities €3.84M
Equity
€2.10M
Debt
€1.74M
Debt finances 45.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€197k▲
2024 · €-20k
Cash flow
€191k▲
2024 · €-2.70M
Current ratio
0.97▲
2024 · 0.53
Debt to equity
0.83▲
2024 · -23.26
ROE
5.8%
ROA
3.2%▲
2024 · -106.0%
Interest coverage
10.05▲
2024 · -3.14
Debt ≤ 1 year
€1.51M▼
2024 · €2.36M
Debt > 1 year
€229k▼
2024 · €301k
Income taxes
€18k▲
2024 · €7
Staff costs
€85k
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 · 76 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.55M€3.84M▲
Fixed assets21/28€1.31M€2.38M▲
Tangible fixed assets22/27€83k€2.23M▲
Land and buildings22-€2.05M
Furniture and vehicles24-€94k
Leasing and similar rights25€83k€84k▲
Financial fixed assets28€1.22M€150k▼
Affiliated companies280/1€1.22M€150k▼
Participating interests280€1.22M€150k▼
Current assets29/58€1.24M€1.46M▲
Amounts receivable after more than one year29-€488k
Other amounts receivable291-€488k
Amounts receivable within one year40/41€28k€233k▲
Trade receivables40€4k€191k▲
Other amounts receivable41€25k€42k▲
Current investments50/53€166k€166k▲
Other investments51/53€166k€166k▲
Cash at bank and in hand54/58€1.05M€540k▼
Deferred charges and accrued income490/1-€29k
Equity and liabilities
Total equity and liabilities10/49€2.55M€3.84M▲
Equity10/15€-114k€2.10M▲
Contributions10/11€515k€2.61M▲
Capital10€514k€2.61M▲
Issued capital100€514k€2.61M▲
Outside capital11€155€287▲
Share premium1100/10€155€287▲
Reserves13€51k-
Non-distributable reserves130/1€51k-
Legal reserve130€51k-
Profit (loss) carried forward14€-680k€-506k▲
Amounts payable17/49€2.66M€1.74M▼
Amounts payable after more than one year17€301k€229k▼
Financial debts170/4€301k€229k▼
Leasing and similar obligations172€66k€68k▲
Credit institutions173€235k€161k▼
Amounts payable within one year42/48€2.36M€1.51M▼
Current portion of amounts payable after more than one year42€142k€89k▼
Trade debts44€17k€87k▲
Suppliers440/4€17k€87k▲
Taxes, remuneration and social security45€12k€32k▲
Taxes450/3€12k€32k▲
Other amounts payable47/48€2.19M€1.30M▼
Income statement
Code20242025
Operating income70/76A€363€530k▲
Turnover70-€442k
Other operating income74€363€88k▲
Operating charges60/66A€21k€402k▲
Goods for resale, raw materials and consumables60-€13k
Purchases600/8-€13k
Services and other goods61€20k€134k▲
Remuneration, social security and pensions62-€85k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€364€68k▲
Other operating charges640/8€198€18k▲
Non-recurring operating charges66A-€83k
Operating profit (loss)9901€-20k€128k▲
Financial income75/76B€16k€35k▲
Recurring financial income75€16k€35k▲
Income from financial fixed assets750-€7k
Income from current assets751-€27k
Other financial income752/9€16k€0▼
Financial charges65/66B€2.70M€22k▼
Recurring financial charges65€17k€22k▲
Debt charges650€6k€20k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€10k-
Other financial charges652/9€489€3k▲
Non-recurring financial charges66B€2.68M-
Profit (loss) for the period before taxes9903€-2.70M€141k▲
Income taxes67/77€7€18k▲
Taxes670/3€7€18k▲
Tax adjustments and reversals of tax provisions77-€79
Profit (loss) for the period9904€-2.70M€123k▲
Profit (loss) for the period to be appropriated9905€-2.70M€123k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.21M€-558k▲
Profit (loss) brought forward from the previous period14P€1.49M€-680k▼
Transfer from equity791/2€527k€51k▼
From reserves792€527k€51k▼
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (48 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-09
Financial
Back to profitnet €123k
Net result €123k after 7 loss-making years.
30-09
Financial
Equity above €2MEq €2.10M
Equity rises from €-114k to €2.10M.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Weakest financial yearnet €-2.70M
Net result drops to €-2.70M, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 48 days late
2023
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
30-03
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
10 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, Keerbergen · 1 establishment unit since 1999
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.
Tremelobaan 1313140 KeerbergenGround area
3,835 m²
Building footprint
413 m²
Volume, LiDAR
2,822 m³
Parcel 24472F0376/00D000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tremelobaan 131, 3140 Keerbergen
since 19992.092.982.460
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24472F0376/00D000 | Flanders | 3,835 m² | 1 · 413 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500II8LB79QCRQU50
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 19,602 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-10-1996
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.