Financials
- Financial year
- 2024
- Total assets
- €43,503
- Profit
- €28,217
- Solvency
- 71.1%
Electus
ActiveSummary
The computed 12-month bankruptcy probability of Electus is 9.3% (elevated). The 2024 annual accounts show equity of €30,917 and a net result of €28,217. Its solvency ranks better than 77% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€43,503total assets 2024
- Equity
- €30,917
- Profit
- €28,217
Turnover not published (micro format)
Why 35raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 25-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 48 days late; 1 of the last 3 lateFounded in 2023Show the evidence
Checked score
Score 2024
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 67% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency
96
equity 71.1% of total assets
Liquidity
41
short-term debt 28.9% · cash 2.4%
Profitability
100
return on assets 64.9%
Bankruptcy probability, 12 months
9.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.4%lowest value
12-2024: 2.7%▲ +0.3 percentage points vs 11-2024
01-2025: 2.7%● unchanged vs 12-2024
02-2025: 3.0%▲ +0.3 percentage points vs 01-2025
03-2025: 2.9%▼ -0.1 percentage points vs 02-2025
04-2025: 2.9%● unchanged vs 03-2025
05-2025: 3.2%▲ +0.3 percentage points vs 04-2025
06-2025: 3.3%▲ +0.1 percentage points vs 05-2025
07-2025: 5.6%▲ +2.3 percentage points vs 06-2025
08-2025: 5.6%● unchanged vs 07-2025
09-2025: 5.6%● unchanged vs 08-2025
10-2025: 4.5%▼ -1.1 percentage points vs 09-2025
11-2025: 4.5%● unchanged vs 10-2025
12-2025: 4.5%● unchanged vs 11-2025
01-2026: 4.5%● unchanged vs 12-2025
02-2026: 4.4%▼ -0.1 percentage points vs 01-2026
03-2026: 4.4%● unchanged vs 02-2026
04-2026: 5.3%▲ +0.9 percentage points vs 03-2026
05-2026: 5.6%▲ +0.3 percentage points vs 04-2026
06-2026: 5.7%▲ +0.1 percentage points vs 05-2026
07-2026: 5.9%▲ +0.2 percentage points vs 06-2026
08-2026: 6.3%▲ +0.4 percentage points vs 07-2026
09-2026: 6.5%▲ +0.2 percentage points vs 08-2026
10-2026: 9.3%▲ +2.8 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 3.23, above the usual 1.5; short-term debt: 28.9% and cash: 2.4% of total assets), and 28.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 77% on solvency, 30% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
raises risk
raises risk · 2024 accounts filed 48 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2024
48 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 48 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move
- IncorporationAppointment: YILMAZ Faruk (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- YILMAZ FarukDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 3
- Since
- 2023
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 22-06-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 8
- Who signs
- Each director alone
- Annual meeting
- 15 June at 18:00
- Purpose
- “Onderneming voor electriciteitswerken in de ruimste zin;het plaatsen van…” (deed in Dutch)
Key facts about Electus
- What is the company number of Electus?
- 0803.055.377. In Belgium the VAT number is the company number with BE in front: BE 0803.055.377.
- Where is Electus based?
- The registered office is at Koolmijnlaan 151, 3550 Heusden-Zolder.Company details
- What does Electus do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Electus?
- Private limited company (BV).
- When was Electus founded?
- On 22-06-2023.
- Is Electus still active?
- Yes, Electus is an active enterprise in the KBO register.
- What is the turnover of Electus?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Electus profitable?
- In financial year 2024, Electus made a profit of €28,217.
- Where can I find the annual accounts of Electus?
- Electus filed 1 annual account with the National Bank of Belgium, for financial year 2024.
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