ELEDRICITY
ActiveSummary
The annual accounts of ELEDRICITY for financial year 2025 show a net loss of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €4.6m and a net result of -€612,832. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 90% of 250 sector peers (NACE 26, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-03-2015 Normal situation
- Activity
- Manufacture of computer, electronic and optical products NACE 26600and 11 others
- Joint committee
- 200 Auxiliary committee for white-collar workers · annual accounts 2023
- Establishment unit
- 2.325.329.332 9820 Merelbeke-Melle, since 01-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Board and ownership
Board
- Brossé, AlainChair
- Verstraeten DuncanDirector · since 05-03-2015
- Kalmar AlainDirector · since 30-03-2021
Shareholders
- DEXAMED20.56%· score 9430-06-2025 annual accounts of DEXAMED
- CRFP· score 95deed of 18-09-2026
- Cylopen· score 70deed of 18-09-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €277,694
- ▲ 85×
- Turnover
- ≈ €550,000
- estimated
- Loss
- €612,832
- ▲ 50.7%
- Equity
- €4.6m
- ▲ 430%
- Total assets
- €5.1m
- ▲ 227%
- Employees on 31-12-2025
- 8
- ▲ 60.0%
Equity +430%: capital increase
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €612,832, the second in a row (financial year 2025)lowers riskSize: total assets €5.1mFigures for financial year 2025 (filed on 17-07-2026)Sector: Manufacture of computer, electronic and optical products (NACE 26)Show the evidence
Checked score
Score 2025
57
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 72% of small companies in computer and electronic products (NACE 26)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency
100+19
equity 90.7% of total assets
Liquidity
71+29
short-term debt 7.3% · cash 17.1%
Profitability
4+4
return on assets -12.0%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%highest value
01-2025: 1.7%● unchanged vs 12-2024highest value
02-2025: 0.6%▼ -1.1 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.3%▼ -0.3 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €260,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 5.78 (0.57 in 2024), above the usual 1.5. Short-term debt is 7.3% and cash 17.1% of total assets. 9.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 26, small). It does better than 90% of them on solvency, 82% on liquidity, 17% on profitability and 99% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 days early
2024
14 days early
2023
13 days early
2022
9 days late
2021
69 days early
2020
12 days late
2019
6 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: 6 loss-making years in a rowloss in financial year 2025 -€612,832 View
- Positive: Equity rose in 2025capital increase ▲ 430% View
- Caution: Lower net result than 95% of companies in computer and electronic productssector median €4,756 · 250 companies -€612,832 View
- Board changedlatest change 17-06-2026 · 5 in office 2 joined · 3 left View
- Flemish supportawarded from 2022 to 2025 €232,189 View
Recent changes
- · Gazette deed Capital increase of €1,377,504306,112 new shares · Appointments: VAN Hoorickx, Vanessa (director) and Brossé, Alain (chair of the board) · Resignations: GOOSSENS, Johan Paul Georges (chair of the board) and Van Hooland, Tineke (director)
- · Gazette deed Capital increase · Amendment of the articlesVERSTRAETEN, Kilian-Duncan Baldwin Tsjabbe Sjoerd Wim Marc holds 595,000 shares · BRACKE, Joke holds 194,000 shares · KALMAR, Alain Frédéric holds 191,600 shares
- · Gazette deed Capital increase of €799,114.50177,581 new shares · VERSTRAETEN, Kilian-Duncan Baldwin Tsjabbe Sjoerd Wim Marc holds 595,000 shares · BRACKE, Joke holds 194,000 shares
Companies linked to ELEDRICITY
Comparable companies
These companies have the same main activity as ELEDRICITY: manufacture of computer, electronic and optical products (NACE 26600). They are comparable in size and age: total assets between €799,000 and €6.2m, founded between 2015 and 2016.
| Company | Total assets | Gross margin |
|---|---|---|
| ELEDRICITY Merelbeke-Melle | €5.1m | €0.3m |
| salamander U Ohey | €3.4m | €0.3m |
| ELMEDIX Leuven | €4.6m | €0.1m |
| MoveUP Brussels | €6.2m | €0.9m |
| AXINESIS Wavre | €1.7m | €0.6m |
| EUROMI BIOSCIENCES Dison | €4.6m | €1.9m |
| Surgical Sensors Sint-Niklaas | €0.8m | €0.04m |
Key facts about ELEDRICITY
- What is the company number of ELEDRICITY?
- The company number of ELEDRICITY is 0599.931.142. The VAT number is the same number with BE in front: BE 0599.931.142.
- Where is ELEDRICITY based?
- The registered office is at Hundelgemsesteenweg 446A, 9820 Merelbeke-Melle.Company details
- What does ELEDRICITY do?
- According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26600).
- What is the legal form of ELEDRICITY?
- ELEDRICITY is a private limited company (BV).
- When was ELEDRICITY founded?
- ELEDRICITY was founded on 05-03-2015.
- Is ELEDRICITY still active?
- Yes, ELEDRICITY is an active enterprise in the KBO register.
- How many employees does ELEDRICITY have?
- ELEDRICITY had an average of 7.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ELEDRICITY fall under?
- In its 2023 annual accounts, ELEDRICITY states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ELEDRICITY?
- The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €277,694 and 882 comparable companies of the same size. It probably lies between €390,000 and €810,000. It is a rough estimate.
- Is ELEDRICITY profitable?
- In financial year 2025, ELEDRICITY made a loss of €612,832.
- Where can I find the annual accounts of ELEDRICITY?
- ELEDRICITY filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELEDRICITY due?
- ELEDRICITY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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