The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0711898638
2 managers resigning, 2 directors reappointed
Resignations: Name after signing inVisible after signing in (manager) and Name hiddenVisible after signing in (manager) · Reappointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director) · Director discharge: Name hiddenVisible after signing in · 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: Hidden nameVisible after signing in (director)
General meeting of 23-06-2022 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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