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Elektro David

Active
Private limited company·Algemene elektrotechnische installatiewerken· 5 yrs active
Kolonel Naessensstraat 34 ·8740 Pittem, Belgium
BE 0770.995.887
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Elektro David is 2.0% (moderate). The 2025 annual accounts show equity of €239k and a net result of €72k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 327 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend
Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€72k+266.2%
Working capital€47k+63.4%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 09-02-2026 with the NBB · fiscal year 2025 · verkort
€0€50k€100k€150k€200kOperating result 2023: €194k€194kNet result 2023: €152k€152kOperating result 2024: €44k€44kNet result 2024: €20k€20kOperating result 2025: €109k€109kNet result 2025: €72k€72k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~27.4%/year over 3 fiscal years, indicative, assuming unchanged policy.
€100k€200k€300k€400k2026: €284k (€265k - €304k)2027: €330k (€311k - €349k)2028: €376k (€357k - €395k)2023: €147k2024: €167k2025: €239k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 25.4% 39.1%
better than 34% of 327 sector peers
Net result €72k €40k
better than 63% of 327 sector peers
Equity €239k €181k
better than 57% of 327 sector peers
Gross operating margin €144k €214k
better than 41% of 327 sector peers
Employees (FTE) 0.0 3.5
better than 8% of 199 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P34
2023: P53 · n=8842024: P36 · n=9842025: P34 · n=3272023 2025
Weakening position over 2023-2025 · n=327-984
Net result P63
2023: P83 · n=8842024: P43 · n=9832025: P63 · n=3272023 2025
Weakening position over 2023-2025 · n=327-983
Equity P57
2023: P53 · n=8842024: P57 · n=9842025: P57 · n=3272023 2025
Stable position over 2023-2025 · n=327-984
Gross operating margin P41
2023: P52 · n=8822024: P42 · n=9832025: P41 · n=3272023 2025
Stable position over 2023-2025 · n=327-983
Describes the position versus peers, not a forecast.
EBITDA
€141k
+30.9% +168% vs sector
Net profit
€72k
+266.2% +205% vs sector
Cash flow
€104k
+23.8% +151% vs sector
Total assets
€939k
+30.7% +164% vs sector
Equity
€239k
+43.0% +3% vs sector
Working capital
€47k
+63.4% -79% vs sector
Employees (FTE)
0
- -100% vs sector
Income taxes
€17k
+218.1% ≈ vs sector
Debt
€700k
+27.0% far above sector median
Debt ≤ 1y
€383k
+54.8% +290% vs sector
Debt > 1y
€316k
+4.1% far above sector median
Current ratio
1.12
+0.6% -64% vs sector
Quick ratio
0.72
-24.1% -65% vs sector
Solvency
25.4%
+9.4% -63% vs sector
Debt / equity
2.93
-11.2% far above sector median
ROE
30.1%
+156.0% +195% vs sector
ROA
7.7%
+180.1% -17% vs sector
Interest coverage
6.55
+13.8% -69% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€141k
Net profit€72k
Cash flow€104k
Staff costs-
Income taxes€17k
Dividends-
Total assets€939k
Equity€239k
Debt€700k
of which ≤ 1y€383k
of which > 1y€316k
Working capital€47k
Employees (FTE)0.0
Ratios (computed)
2025
Current ratio1.12
Quick ratio0.72
Working capital ratio5.0%
Solvency25.4%
Debt / equity2.93
Long-term debt ratio1.32
Interest coverage6.55
Gross margin-
Net margin-
ROA7.7%
ROE30.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€939k
Fixed assets 21/28€508k
Tangible fixed assets 22/27€508k
Current assets 29/58€430k
Stocks & contracts in progress 3€154k
Amounts receivable within one year 40/41€267k
Cash & bank 54/58€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€939k
Equity 10/15€239k
Contributions / capital 10/11€5k
Reserves 13€234k
Amounts payable 17/49€700k
Amounts payable after one year 17€316k
Amounts payable within one year 42/48€383k
Trade debts payable within one year 44€213k
Income statement
Gross operating margin 9900€144k
Operating result 9901€109k
Financial income 75€1k
Financial charges 65€22k
Result before taxes 9903€89k
Income taxes 67/77€17k
Net result for the period 9904€72k
Result to be appropriated 9905€72k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
81 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
Elektro David
Kolonel Naessensstraat 34, 8740 PittemVervaardiging van lichtreclames, verlichte aanwijzingsborden, enz.
since 20212.319.627.613
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,430 m²
Buildings1
Building footprint217 m²
Volume (LiDAR)684 m³
Tallest building6.3 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37003B0891/00T000 Flanders 1,430 m² 1 · 217 m² 6.3 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health81Profitability100Solvency41Growth52Stability94
74 / 100

Strong profile, led by profitability.

Health 81
Profitability 100
Solvency 41
Growth 52
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211
Primary activity highlighted.
Names & trade names
Legal nameNL Elektro David
Registered office
Kolonel Naessensstraat 34
8740 Pittem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.