Equity
-€3,337
Debts exceed assets in financial year 2025.
ELECTROSYSTEM
Lifetime
19 annual accounts with figures on one time axispeak €33,430 (2007)
€620▲ €1,700
lowest -€19,685 (2013)
-€2,044▲ €6,693
peak €28,480 (2012)
-€3,337▼ €2,044
€11,012▼ 8.0%
peak 1 FTE (2010)
-not published
Board1 name since 2013
1 director
Documentsfilings and deeds
27-02-202627 days late
2025micro format
Gross margin from -€1,080 to €620Loss of €2,044Equity from -€1,293 to -€3,337
Key points
from the 2025 annual accountsLosses
-€11,779 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Turnover
≈ €5,100 estimated
The micro format states no turnover.
Debts
€11,012 143% of the balance sheet
Financial debts 89%Suppliers 11%
Filings
19 annual accounts since 2007
Ten of the last ten came late. The 2018 accounts came latest: 39 days after the end of the period.
Position in the sector
-43.5%
Lower solvency than 95% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,618 companies had the same profile as ELECTROSYSTEM has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 6,618 companies, not a prediction for ELECTROSYSTEM. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0879225816
Incorporation
published on 20-02-2006 · Gazette deed
First establishment
Achille Detiennestraat 60, Schaerbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELECTROSYSTEM Schaerbeek | €7,675 | €620 | -43.5% | - |
| TRANSPELEC Evere | €7,227 | -€4,618 | -1282.3% | - |
| Etablissements LOUIS John Fosses-la-Ville | €7,746 | -€401 | 84.7% | - |
| JOS LAMBRECHT Ninove | €8,094 | -€3,465 | -272.6% | - |
| DE CABOOTER Zulte | €8,113 | -€749 | -438.4% | - |
| bdb concepts Antwerp | €8,314 | -€2,139 | -250.0% | - |
| PROPOL Etterbeek | €10,764 | -€16,217 | -557.4% | - |
These companies have the same main activity as ELECTROSYSTEM: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €7,230 and €10,800, founded between 2002 and 2006.
Official details
Source: KBO- Status
- Active since 08-02-2006Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.152.635.1831030 Schaerbeek, since 31-01-2006
- Financial year end
- 30 June
- Peppol
- Reachable since 24-04-2026
Insights on ELECTROSYSTEM
ELECTROSYSTEM files the micro format. That format states no turnover. The gross margin fell from €33,430 in 2007 to €620 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 ELECTROSYSTEM
- What is the company number of ELECTROSYSTEM?
- The company number of ELECTROSYSTEM is 0879.225.816. The VAT number is the same number with BE in front: BE 0879.225.816.
- Where is ELECTROSYSTEM based?
- The registered office is at Alexandre Markelbachstraat 77, 1030 Schaerbeek.Company details
- What does ELECTROSYSTEM do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ELECTROSYSTEM?
- ELECTROSYSTEM is a private limited company (pre-2019) (BVBA).
- When was ELECTROSYSTEM founded?
- ELECTROSYSTEM was founded on 08-02-2006.
- Is ELECTROSYSTEM still active?
- Yes, ELECTROSYSTEM is an active enterprise in the KBO register.
- What is the turnover of ELECTROSYSTEM?
- The turnover in financial year 2025 is ≈ €5,100. This figure is estimated from the gross margin of €620 and 97 comparable companies (NACE 43211). It probably lies between €3,400 and €11,000. It is a rough estimate.Financials
- Is ELECTROSYSTEM profitable?
- In financial year 2025, ELECTROSYSTEM made a loss of €2,044.
- Where can I find the annual accounts of ELECTROSYSTEM?
- ELECTROSYSTEM filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELECTROSYSTEM due?
- ELECTROSYSTEM must file the annual accounts for financial year 2026 by 31-01-2027.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 trust this company with building work.Contractor check 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
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