19 annual accounts with figures on one time axis, 34 filings since 1992
peak €2.4m (2025)
€2.4m▲ 1.7%
lowest -€553,062 (2023)
€185,316▼ 43.2%
peak €1.4m (2018)
€1.1m▲ 19.8%
€641,751▼ 37.0%
peak 30.6 FTE (2024)
30.3 FTE▼ 1.0%
Board8 names since 2019
3 directorsHidden nameVisible after signing in and 2 others
Owners
100%Hidden nameVisible after signing in
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Result from €326,111 to €185,316Registered office moved within Diksmuide15-09Equity from €936,521 to €1.1mDebts from €1.0m to €641,751Investments €115,413Cash from €330,152 to €101,502
More equity than 85% of companies in specialised construction. Sector median €340,458 · 9,273 companies.
Checked score
Checked score
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, 20,124 companies had the same profile as ELEKTRIEK has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Small
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
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 20,124 companies, not a prediction for ELEKTRIEK. 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
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Signal hidden, visible after signing inVisible after signing in
Hidden signalVisible after signing in
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Hidden signalVisible after signing in
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Board and ownership
Name hiddenVisible after signing in
Chair
Hidden nameVisible after signing in
Managing director
Name after signing inVisible after signing in
Director
Name hiddenVisible after signing in
Auditor, Hidden nameVisible after signing in
Name after signing inVisible after signing in 100%score XXVisible after signing inequity €77.5m (2025) · 2025 annual accounts of Hidden nameVisible after signing in
3 directors appointed, 1 resignation, 2 reappointments, 1 statutory auditor reappointed
Resignation: Hidden nameVisible after signing in · Appointments: Name after signing inVisible after signing in, Name hiddenVisible after signing in (chair of the board) and Hidden nameVisible after signing in (managing director) · Reappointments: Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in° (statutory auditor) · General meeting of 29-05-2026 · Gazette deed
Registered office moved within Diksmuide
New registered office: Esenweg 114 te 8600 Diksmuide · Previous registered office: Esenweg 112 te 8600 Diksmuide · Board meeting of 04-09-2025 · Gazette deed
1 director appointed, 1 resignation, 1 statutory auditor reappointed
Resignation: Name after signing inVisible after signing in. (managing director) · Permanent representative: Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in (managing director) · General meeting of 25-05-2023 · Gazette deed
Merger: Elektriek takes over Elektro Tyrol
Appointment: Name after signing inVisible after signing in (chair of the board) · 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 ELEKTRIEK: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.5m and €2.2m, founded between 1988 and 1997.
ELEKTRIEK files the abbreviated format. That format states no turnover. The gross margin rose from €504,847 in 2007 to €2.4m in 2025.
Hidden nameVisible after signing in holds all the shares. In June 2023, the Official Gazette published the appointment of Name after signing inVisible after signing in as managing director.
The company number of ELEKTRIEK is 0444.242.578. The VAT number is the same number with BE in front: BE 0444.242.578.
Where is ELEKTRIEK based?
The registered office is at Esenweg 114, 8600 Diksmuide.Company details
What does ELEKTRIEK do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ELEKTRIEK?
ELEKTRIEK is a public limited company (NV).
When was ELEKTRIEK founded?
ELEKTRIEK was founded on 01-06-1991.
Is ELEKTRIEK still active?
Yes, ELEKTRIEK is an active enterprise in the KBO register.
How many employees does ELEKTRIEK have?
ELEKTRIEK had an average of 30.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ELEKTRIEK?
The turnover in financial year 2025 is ≈ €6.6m. This figure is estimated from the gross margin of €2.4m and 30 comparable companies (NACE 432). It probably lies between €5.5m and €8.2m. In financial year 2020 turnover was €6.4m.
Is ELEKTRIEK profitable?
In financial year 2025, ELEKTRIEK made a profit of €185,316.
Where can I find the annual accounts of ELEKTRIEK?
ELEKTRIEK filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELEKTRIEK due?
ELEKTRIEK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline