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ELECTROSOLUTIONS

Active Private limited companyfounded 2005active for 21 yearsCooppallaan 102, 9230 WetterenKBO/BCE: BE 0874.471.232

Lifetime

20 annual accounts with figures on one time axis, 21 filings since 2005
peak €96,374 (2014)
€45,222▼ 28.5%
lowest -€25,822 (2009)
€16,470▼ 53.0%
peak €65,665 (2025)
€65,665▲ 33.5%
€103,827▼ 6.5%
peak 1 FTE (2012)
-not published
Board1 name since 2005
1 director
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from €63,218 to €45,222Result from €35,072 to €16,470Equity from €49,195 to €65,665Cash from €8,923 to €34,936

Key points

from the 2025 annual accounts

Equity

€65,665 ▲ 33.5%

ELECTROSOLUTIONS has made a profit without a break since 2022.

Turnover

≈ €210,000 estimated

The micro format states no turnover.

Filings

21 annual accounts since 2005
AprilJune31 JulyOctober20052010201520202025

Five of the last ten came late. The 2021 accounts came latest: 29 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as ELECTROSOLUTIONS has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,386 companies, not a prediction for ELECTROSOLUTIONS. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 13-06-2005
  • all the sharesdeed of 12-01-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0874471232
Amendment of the articles · Legal-form change · Resignations & appointments Appointment: (director) · holds all the shares · General meeting of 18-12-2023 · Gazette deed
Incorporation published on 23-06-2005 · Gazette deed
First establishment Cooppallaan 102, Wetteren
All 32 events

Comparable companies

same main activity, similar in size and age
Company
ELECTROSOLUTIONS Wetteren €169,492 €45,222 38.7% -
Elektrotec Aalst €180,254 €45,478 77.2% -
GEERT DE RIJCKE Sint-Gillis-Waas €186,854 €46,522 46.8% -
Electro-techniek VALON Ninove €177,490 €52,386 50.8% -
ELECTRICITE SERVICE COLLART Gerpinnes €150,121 €47,551 69.2% -
Megaprotec Safety & Security Systems SPRL Tubize €185,463 €44,588 7.4% -
BUEKENHOUT Bertem €176,758 €39,434 87.9% -

These companies have the same main activity as ELECTROSOLUTIONS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €150,000 and €187,000, founded between 2003 and 2006.

Official details

Source: KBO
Status
Active since 15-06-2005Normal situation
Activity
General electrical installation workNACE 43211and 5 others
Joint committee
149.01Electricians: installation and distribution · annual accounts 2022
Establishment unit
2.147.766.2789230 Wetteren, since 13-06-2005
Financial year end
31 December
Peppol
Reachable since 30-01-2025
Company details

Annual accounts 2025

€169,492▲ 5.7%
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Insights on ELECTROSOLUTIONS

ELECTROSOLUTIONS files the micro format. That format states no turnover. The gross margin rose from €14,164 in 2006 to €45,222 in 2025.

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 ELECTROSOLUTIONS

What is the company number of ELECTROSOLUTIONS?
The company number of ELECTROSOLUTIONS is 0874.471.232. The VAT number is the same number with BE in front: BE 0874.471.232.
Where is ELECTROSOLUTIONS based?
The registered office is at Cooppallaan 102, 9230 Wetteren.Company details
What does ELECTROSOLUTIONS do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ELECTROSOLUTIONS?
ELECTROSOLUTIONS is a private limited company (BV).
When was ELECTROSOLUTIONS founded?
ELECTROSOLUTIONS was founded on 15-06-2005.
Is ELECTROSOLUTIONS still active?
Yes, ELECTROSOLUTIONS is an active enterprise in the KBO register.
Which joint committee does ELECTROSOLUTIONS fall under?
In its 2022 annual accounts, ELECTROSOLUTIONS states joint committee 149.01 (Electricians: installation and distribution).
What is the turnover of ELECTROSOLUTIONS?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €45,222 and 45 comparable companies (NACE 43211). It probably lies between €150,000 and €320,000.Financials
Is ELECTROSOLUTIONS profitable?
In financial year 2025, ELECTROSOLUTIONS made a profit of €16,470.
Where can I find the annual accounts of ELECTROSOLUTIONS?
ELECTROSOLUTIONS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELECTROSOLUTIONS due?
ELECTROSOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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