ELECTRUM LT
The computed 12-month bankruptcy probability of ELECTRUM LT is 0.6% (low). The 2024 annual accounts show equity of €4.37M and a net result of €1.17M. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 65% of 424 sector peers (fiscal year 2021). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4.37M |
| Net result | €1.17M |
| Staff (FTE) | 2 |
| Better than sector | 65% |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 45.0% | 32.0% | |
| Net result | €3.18M | €72k | |
| Equity | €4.40M | €689k | |
| Gross operating margin | €4.47M | €115k | |
| Staff costs | €25k | €489k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €39.08M |
| EBITDA | €1.43M |
| Net profit | €1.17M |
| Cash flow | €1.17M |
| Staff costs | €128k |
| Income taxes | €386k |
| Dividends | €3.30M |
| Total assets | €12.48M |
| Equity | €4.37M |
| Debt | €8.11M |
| of which ≤ 1y | €8.11M |
| of which > 1y | - |
| Working capital | €4.37M |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 1.54 |
| Quick ratio | 0.95 |
| Working capital ratio | 35.0% |
| Solvency | 35.0% |
| Debt / equity | 1.86 |
| Long-term debt ratio | - |
| Interest coverage | 76.53 |
| Gross margin | 5.3% |
| Net margin | 3.0% |
| ROA | 9.3% |
| ROE | 26.7% |
| EBITDA margin | 3.7% |
| Days sales outstanding | 19d |
| Days payable outstanding | 25d |
| Inventory turnover | 7.80 |
| Days inventory (DSI) | 47d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €12.48M |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €7k |
| Financial fixed assets | 28 | €175 |
| Current assets | 29/58 | €12.48M |
| Stocks & contracts in progress | 3 | €4.74M |
| Amounts receivable within one year | 40/41 | €2.03M |
| Cash & bank | 54/58 | €3.04M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €12.48M |
| Equity | 10/15 | €4.37M |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €4.35M |
| Amounts payable | 17/49 | €8.11M |
| Amounts payable within one year | 42/48 | €8.11M |
| Trade debts payable within one year | 44 | €2.55M |
| Income statement | ||
| Turnover | 70 | €39.08M |
| Operating result | 9901 | €1.42M |
| Financial income | 75 | €214k |
| Financial charges | 65 | €87k |
| Result before taxes | 9903 | €1.55M |
| Income taxes | 67/77 | €386k |
| Net result for the period | 9904 | €1.17M |
| Result to be appropriated | 9905 | €1.17M |
-
Current13-12-2023 → present
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Comptabilité, Fiscalité, GestionCurrent Statutory auditor · represented by Bernard VANDENBORRE |
- | 30-12-2025 → present |
| SCRL AVISOR Statutory auditor · represented by Bernard VANDENBORRE succeeded by Comptabilité, Fiscalité, Gestion in 2025 |
- | 27-01-2023 → 30-12-2025 |
| NACE primary | Wholesale trade(46190) |
| Legal form | Private limited company(610) |
| Incorporation | 04-03-2015 |
| Status | Active |
| Postal code | 1300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112C0005/00Z000 | Wallonia | 3,107 m² | 1 · 726 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-12-2025 Bernard VANDENBORRE reappointed as statutory auditor
- Bernard VANDENBORRE, Commissaris
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}13-12-2023 Piron Sibylle reappointed as director
- Piron Sibylle, Bestuurder
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}27-01-2023 Bernard VANDENBORRE appointed as statutory auditor
- Bernard VANDENBORRE, Commissaris
Technical details
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}06-03-2015 Incorporation of a new SNC
Technical details
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"incorporation_date": "2015-03-04",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ELECTRUM LT |