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ELECVISION

Active Private limited companyfounded 2018active for 8 yearsKasteelstraat 92, 1853 GrimbergenKBO/BCE: BE 0711.898.638

Lifetime

7 annual accounts with figures on one time axis
peak €16,024 (2022)
€4,894▲ 27.2%
lowest -€10,396 (2023)
-€1,729▼ €1,193
peak €27,513 (2022)
€14,851▼ 10.4%
€15,845▲ 248%
Board3 names since 2018
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €3,847 to €4,894Loss of €1,729Debts from €4,556 to €15,845Cash from €12,250 to €4,850

Key points

from the 2025 annual accounts

Losses

-€12,662 in three years
-10,3962023-5362024-1,7292025

Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.

Turnover

≈ €40,000 estimated

The micro format states no turnover.

Staff

1 employees on 31-12-2025
102024102025

In 2025, 1 person joined and nobody left.

Liquidity

1.99 was 4.54 in 2024

Short-term debts rose from €4,556 to €15,345.

Filings

7 annual accounts 5 late
AprilJune31 JulyOctober202020222024

The 2023 accounts came latest: 57 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, 3,440 companies had the same profile as ELECVISION has now. Each dot stands for 9 companies, two years later.

90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss

Another 0.2% 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.

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 3,440 companies, not a prediction for ELECVISION. 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 19-10-2018
Director, since 23-06-2022
  • 100 sharesdeed of 23-10-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0711898638
2 managers resigning, 2 directors reappointed Resignations: (manager) and (manager) · Reappointments: (director) and (director) · Director discharge: · General meeting of 27-12-2023 · Gazette deed
Security firm approval (alarm systems) granted Decision of 05-07-2022, published on 18-04-2023
Appointment: (director) General meeting of 23-06-2022 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
ELECVISION Grimbergen €30,696 €4,894 48.4% -
DMS RENOVATIE Halle €34,396 €5,120 29.5% -
Teneco Facilities Brussels €31,429 €5,221 73.3% -
VOLTAS Oostkamp €30,502 €5,364 81.9% -
BATIMEN KN Meise €26,669 €6,673 68.7% -
CAGEAI Sint-Pieters-Leeuw €28,408 €6,887 90.4% -
Capacitan Antwerp €40,125 €4,450 60.3% -

These companies have the same main activity as ELECVISION: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €26,700 and €40,100, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 19-10-2018Normal situation
Activity
General electrical installation workNACE 43211and 5 others
Establishment units
2.281.944.8931853 Grimbergen, since 19-10-2018
2.332.144.3731800 Vilvoorde, since 01-05-2022
Financial year end
31 December
Peppol
Reachable since 15-10-2025
Company details

Annual accounts 2025

€30,696▲ 45.2%
Employeeson 31-12-2025
1=
Filing
Filed on 31-08-2026
Financials

Insights on ELECVISION

ELECVISION files the micro format. That format states no turnover. The gross margin rose from €2,237 in 2019 to €4,894 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 ELECVISION

What is the company number of ELECVISION?
The company number of ELECVISION is 0711.898.638. The VAT number is the same number with BE in front: BE 0711.898.638.
Where is ELECVISION based?
The registered office is at Kasteelstraat 92, 1853 Grimbergen.Company details
What does ELECVISION do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ELECVISION?
ELECVISION is a private limited company (BV).
When was ELECVISION founded?
ELECVISION was founded on 19-10-2018.
Is ELECVISION still active?
Yes, ELECVISION is an active enterprise in the KBO register.
How many employees does ELECVISION have?
ELECVISION had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ELECVISION?
The turnover in financial year 2025 is ≈ €40,000. This figure is estimated from the gross margin of €4,894 and 97 comparable companies (NACE 43211). It probably lies between €26,000 and €85,000. It is a rough estimate.
Is ELECVISION profitable?
In financial year 2025, ELECVISION made a loss of €1,729.
Where can I find the annual accounts of ELECVISION?
ELECVISION filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELECVISION due?
ELECVISION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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