ELEKTRICITEITSWERKEN POLFLIET
ActiveELEKTRICITEITSWERKEN POLFLIET has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €291k and a net result of €-8k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 44% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-6
Solvency64=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 2.17 in 2024; short-term debt: 13% and cash: 4.1% of total assets), but 60.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
19 d early
2022
30 d late
2021
31 d late
2020
31 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€291k▼ 2.6%
2024 · €299k
2018: €252k
2019: €281k
2020: €290k
2021: €301k
2022: €318k
2023: €298k
2024: €299k
2018 → 2025
Total assets
€739k▼ 2.9%
2024 · €762k
2018: €340k
2019: €583k
2020: €594k
2021: €589k
2022: €568k
2023: €779k
2024: €762k
2018 → 2025
Net result
€-8k
2024 · €845
2018: €15k
2019: €29k
2020: €9k
2021: €12k
2022: €17k
2023: €1k
2024: €845
2018 → 2025
Working capital
€87k▼ 8.5%
2024 · €95k
2018: €180k
2019: €188k
2020: €139k
2021: €128k
2022: €168k
2023: €83k
2024: €95k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€301k-€318k▲ 5.5%€298k▼ 6.2%€299k▲ 0.3%€291k▼ 2.6%
Operating result€22k-€31k▲ 44.9%€18k▼ 43.5%€17k▼ 2.6%€8k▼ 51.9%
Net result€12k-€17k▲ 41.0%€1k▼ 91.8%€845▼ 37.4%€-8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 52% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €739k
Fixed assets
€556k▼ 5.0%
Current assets
€183k▲ 3.8%
Equity and liabilities €739k
Equity
€291k▼ 2.6%
Debt
€448k▼ 3.1%
The debt ratio falls from 60.7% to 60.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€49k▼
2024 · €60k
Cash flow
€33k▼
2024 · €44k
Solvency
39.4%▲
2024 · 39.3%
Current ratio
1.90▼
2024 · 2.17
Quick ratio
1.70▼
2024 · 1.99
Debt / equity
1.54▼
2024 · 1.55
ROE
-2.7%▼
2024 · 0.3%
ROA
-1.1%▼
2024 · 0.1%
Interest coverage
3.65▼
2024 · 4.22
Debt
€448k▼
2024 · €463k
Debt ≤ 1 year
€96k▲
2024 · €81k
Debt > 1 year
€352k▼
2024 · €381k
Income taxes
€3k▼
2024 · €3k
Staff costs
€39k▼
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€762k€739k▼
Fixed assets21/28€585k€556k▼
Tangible fixed assets22/27€585k€556k▼
Land and buildings22€570k€548k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€13k€7k▼
Current assets29/58€176k€183k▲
Stocks and contracts in progress3€15k€19k▲
Stocks30/36€15k€19k▲
Amounts receivable within one year40/41€102k€134k▲
Trade receivables40€73k€96k▲
Other amounts receivable41€29k€38k▲
Cash at bank and in hand54/58€60k€30k▼
Equity and liabilities
Total equity and liabilities10/49€762k€739k▼
Equity10/15€299k€291k▼
Contributions10/11€73k€73k=
Outside capital11€73k€73k=
Other1109/19€73k€73k=
Reserves13€226k€218k▼
Non-distributable reserves130/1€9k€9k=
Reserves not available under the articles1311€9k€9k=
Tax-exempt reserves132€28k€28k=
Distributable reserves133€190k€182k▼
Amounts payable17/49€463k€448k▼
Amounts payable after more than one year17€381k€352k▼
Financial debts170/4€381k€352k▼
Amounts payable within one year42/48€81k€96k▲
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€43k€62k▲
Suppliers440/4€43k€62k▲
Taxes, remuneration and social security45€10k€5k▼
Taxes450/3€6k€1k▼
Remuneration and social security454/9€4k€4k=
Income statement
Code20242025
Non-recurring operating income76A€9k€10k▲
Remuneration, social security and pensions62€52k€39k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€41k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€117k€94k▼
Operating profit (loss)9901€17k€8k▼
Financial income75/76B€917€38▼
Recurring financial income75€917€38▼
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€4k€-5k▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€845€-8k▼
Profit (loss) for the period to be appropriated9905€845€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€845€-8k▼
Transfer from equity791/2-€8k
Transfer to equity691/2€845-
To other reserves6921€845-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-8k ▼1025%
Net result drops to €-8k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €29k ▲88.8%
Operating result €36k, net result €29k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Willebroek · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jan Hammeneckerlaan 202830 WillebroekGround area
926 m²
Building footprint
186 m²
Volume, LiDAR
1,138 m³
Parcel 12036B0103/00R000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jan Hammeneckerlaan 20, 2830 Willebroek
since 19982.089.664.169
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036B0103/00R000 | Flanders | 926 m² | 1 · 186 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 159 EUR awarded · 159 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 159 EUR | 159 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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DOBES
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GC-ELEKTRO
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,637 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-1998
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.