Elektro Commyn
ActiveThe computed 12-month bankruptcy probability of Elektro Commyn is 2.3% (moderate). The 2025 annual accounts show equity of €43k and a net result of €2k. Its solvency ranks better than 41% of 7760 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-29
Solvency62▼-9
Growth52
Track record82
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.81 in 2024; short-term debt: 57.2% and cash: 0.8% of total assets), and 62.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.3%
Return on assets
1.4%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
30 d early
2024
29 d late
← 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
€43k▲ 3.9%
2024 · €41k
2024: €41k
2024 → 2025
Total assets
€115k▲ 29.4%
2024 · €89k
2024: €89k
2024 → 2025
Net result
€2k▼ 95.8%
2024 · €38k
2024: €38k
2024 → 2025
Working capital
€29k▲ 7.1%
2024 · €27k
2024: €27k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€41k-€43k▲ 3.9%
Operating result€50k-€4k▼ 91.1%
Net result€38k-€2k▼ 95.8%
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 91% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€20k▼ 29.2%
Current assets
€95k▲ 57.0%
Equity and liabilities €115k
Equity
€43k▲ 3.9%
Debt
€72k▲ 51.4%
The debt ratio rises from 53.6% to 62.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▼
2024 · €59k
Cash flow
€15k▼
2024 · €48k
Solvency
37.3%▼
2024 · 46.4%
Current ratio
1.44▼
2024 · 1.81
Quick ratio
0.70▼
2024 · 1.24
Debt / equity
1.68▲
2024 · 1.16
ROE
3.8%▼
2024 · 92.7%
ROA
1.4%▼
2024 · 43.0%
Interest coverage
7.40▼
2024 · 21.36
Debt
€72k▲
2024 · €48k
Debt ≤ 1 year
€66k▲
2024 · €33k
Debt > 1 year
€6k▼
2024 · €14k
Income taxes
€506▼
2024 · €10k
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€89k€115k▲
Fixed assets21/28€28k€20k▼
Intangible fixed assets21-€3k
Tangible fixed assets22/27€28k€17k▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€3k€3k▼
Leasing and similar rights25€18k€10k▼
Current assets29/58€60k€95k▲
Stocks and contracts in progress3€19k€49k▲
Stocks30/36€19k€29k▲
Contracts in progress37-€19k
Amounts receivable within one year40/41€36k€45k▲
Trade receivables40€9k€29k▲
Other amounts receivable41€27k€16k▼
Cash at bank and in hand54/58€5k€940▼
Deferred charges and accrued income490/1€681€10▼
Equity and liabilities
Total equity and liabilities10/49€89k€115k▲
Equity10/15€41k€43k▲
Contributions10/11€3k€3k=
Reserves13€38k€40k▲
Distributable reserves133€38k€40k▲
Amounts payable17/49€48k€72k▲
Amounts payable after more than one year17€14k€6k▼
Financial debts170/4€14k€6k▼
Amounts payable within one year42/48€33k€66k▲
Current portion of amounts payable after more than one year42€15k€11k▼
Trade debts44€15k€30k▲
Suppliers440/4€15k€30k▲
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€904€1k▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48-€23k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€13k▲
Other operating charges640/8€1k€908▼
Gross operating margin9900€60k€18k▼
Operating profit (loss)9901€50k€4k▼
Financial income75/76B€694€35▼
Recurring financial income75€694€35▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€48k€2k▼
Income taxes67/77€10k€506▼
Profit (loss) for the period9904€38k€2k▼
Profit (loss) for the period to be appropriated9905€38k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€2k▼
Transfer to equity691/2€38k€2k▼
To other reserves6921€38k€2k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (13 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
NBB filing
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, Zedelgem · 1 establishment unit since 2024
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.
Stroelputstraat 588210 ZedelgemGround area
1,755 m²
Building footprint
187 m²
Volume, LiDAR
1,180 m³
2 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Elektro Commyn
since 20242.357.003.196
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31036G0683/00G004 | Flanders | 1,094 m² | 1 · 121 m² | 9.7 m · 2 fl. |
| 31036G0611/00K004 | Flanders | 661 m² | 1 · 66 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,407 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2024
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.