ELEKTRO CLEYS
ActiveELEKTRO CLEYS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230k and a net result of €-25k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency61▲+5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.16 in 2024), and 63.7% 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
33 d early
2022
32 d early
2021
4 d early
2020
31 d early
2019
2 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€230k▼ 9.9%
2024 · €255k
2018: €127k
2019: €148k
2020: €193k
2021: €267k
2022: €282k
2023: €168k
2024: €255k
2018 → 2025
Total assets
€633k▼ 16.7%
2024 · €759k
2018: €671k
2019: €579k
2020: €697k
2021: €684k
2022: €878k
2023: €896k
2024: €759k
2018 → 2025
Net result
€-25k
2024 · €87k
2018: €-29k
2019: €21k
2020: €79k
2021: €74k
2022: €63k
2023: €-114k
2024: €87k
2018 → 2025
Working capital
€67k▼ 6.3%
2024 · €71k
2018: €-2k
2019: €15k
2020: €47k
2021: €113k
2022: €99k
2023: €-24k
2024: €71k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€267k-€282k▲ 5.8%€168k▼ 40.5%€255k▲ 51.8%€230k▼ 9.9%
Operating result€133k-€128k▼ 3.7%€-68k€114k€2k▼ 98.3%
Net result€74k-€63k▼ 14.1%€-114k€87k€-25k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 98% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €633k
Fixed assets
€188k▼ 18.0%
Current assets
€444k▼ 16.1%
Equity and liabilities €633k
Equity
€230k▼ 9.9%
Debt
€403k▼ 20.1%
The debt ratio falls from 66.4% to 63.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€45k▼
2024 · €162k
Cash flow
€18k▼
2024 · €135k
Solvency
36.3%▲
2024 · 33.6%
Current ratio
1.18▲
2024 · 1.16
Quick ratio
0.60▲
2024 · 0.51
Debt / equity
1.75▼
2024 · 1.98
ROE
-11.0%▼
2024 · 34.1%
ROA
-4.0%▼
2024 · 11.5%
Interest coverage
1.59▼
2024 · 5.61
Debt
€403k▼
2024 · €504k
Debt ≤ 1 year
€378k▼
2024 · €458k
Debt > 1 year
€24k▼
2024 · €45k
Income taxes
€320▼
2024 · €329
Staff costs
€456k▼
2024 · €555k
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€759k€633k▼
Fixed assets21/28€230k€188k▼
Tangible fixed assets22/27€230k€188k▼
Land and buildings22€149k€135k▼
Plant, machinery and equipment23€360€1k▲
Furniture and vehicles24€207€0▼
Leasing and similar rights25€81k€52k▼
Financial fixed assets28€98€98=
Current assets29/58€529k€444k▼
Stocks and contracts in progress3€295k€216k▼
Stocks30/36€90k€77k▼
Contracts in progress37€206k€140k▼
Amounts receivable within one year40/41€196k€175k▼
Trade receivables40€150k€122k▼
Other amounts receivable41€46k€53k▲
Cash at bank and in hand54/58€26k€21k▼
Deferred charges and accrued income490/1€12k€33k▲
Equity and liabilities
Total equity and liabilities10/49€759k€633k▼
Equity10/15€255k€230k▼
Contributions10/11€20k€20k=
Reserves13€263k€263k=
Distributable reserves133€263k€263k=
Profit (loss) carried forward14€-27k€-53k▼
Amounts payable17/49€504k€403k▼
Amounts payable after more than one year17€45k€24k▼
Financial debts170/4€45k€24k▼
Amounts payable within one year42/48€458k€378k▼
Current portion of amounts payable after more than one year42€41k€21k▼
Financial debts43€105k€61k▼
Credit institutions430/8€105k€61k▼
Trade debts44€152k€153k▲
Suppliers440/4€152k€153k▲
Taxes, remuneration and social security45€47k€45k▼
Taxes450/3€2k€2k▲
Remuneration and social security454/9€45k€43k▼
Other amounts payable47/48€114k€98k▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€555k€456k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€43k▼
Other operating charges640/8€8k€6k▼
Gross operating margin9900€726k€507k▼
Operating profit (loss)9901€114k€2k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€29k€28k▼
Recurring financial charges65€29k€28k▼
Profit (loss) for the period before taxes9903€87k€-25k▼
Income taxes67/77€329€320▼
Profit (loss) for the period9904€87k€-25k▼
Profit (loss) for the period to be appropriated9905€87k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-53k▼
Profit (loss) brought forward from the previous period14P€-114k€-27k▲
Social balance
Average headcount (FTE)908712.39.9▼
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €87k
Net result €87k after one loss-making year.
31-12
Financial
Equity above €200kEq €255k ▲51.8%
Equity rises from €168k to €255k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-114k ▼281%
Net result drops to €-114k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €267k ▲38.1%
3 profitable years in a row build equity to €267k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €193k ▲30.9%
2 profitable years in a row build equity to €193k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1995
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.
Gentseweg(BEV) 3099120 Beveren-Kruibeke-ZwijndrechtGround area
536 m²
Parcel 46503C0757/00L004, Flanders. Linked by address, not a title deed.
1 establishment unit
ELEKTRO CLEYS
since 19952.069.718.692
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46503C0757/00L004 | Flanders | 536 m² | - | - |
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
2023 to 2025 · 5 entries · 4,000 EUR awarded · 4,075 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 2 | 1,000 EUR | 2,500 EUR |
| 2023 | 2 | 2,000 EUR | 575 EUR |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 2 endedElektrische installaties duaal (so)
Elektrotechnisch installateur (vwo)
Installateur elektrotechnische basiscomponenten duaal (so)
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Of 22,729 companies in sector 43211 we hold annual accounts for 10,273. 8,014 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-1994
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.