ELEKTRO DECOCK
ActiveSummary
ELEKTRO DECOCK has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147,508 and a net result of €39,837. Equity has been growing by about 6.5% per year since 2018. Its solvency ranks better than 38% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-04-2012 Normal situation
- Activity
- General electrical installation work NACE 43211and 2 others
- Establishment unit
- 2.209.022.768 8554 Zwevegem, since 19-04-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 21-12-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €102,318
- ▲ 46.3%
- Turnover
- ≈ €290,000
- estimated
- Profit
- €39,837
- ▲ 52.0%
- Equity
- €147,508
- ▲ 14.3%
- Total assets
- €407,550
- ▲ 4.5%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €407,550Founded in 2012Figures for financial year 2025 (filed on 29-06-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 38% of them on solvency, 55% on liquidity, 61% on profitability and 61% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 13 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 44% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €100,000 | €345,000 | €345,000 | €345,000 | €345,000 |
| Carrying value of the mortgaged assets | €83,593 | €298,008 | €321,919 | €302,470 | €292,515 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €14,043 | €226,998 | €49,540 | €3,293 | €52,700 |
| Depreciation and write-downs of the year | €28,821 | €31,283 | €29,700 | €25,281 | €32,980 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €57 paidComparable companies
These companies have the same main activity as ELEKTRO DECOCK: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €349,000 and €435,000, founded between 2010 and 2012.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| ELEKTRO DECOCK Zwevegem | 2012 | €407,550 | €147,508 | €102,318 | €39,837 | - | 2025 |
| YVES DETAVERNIER Zwevegem | 2011 | €430,356 | €407,590 | €90,409 | €50,352 | - | 2025 |
| LEDOUX Zonnebeke | 2010 | €435,128 | €322,569 | €105,523 | €53,597 | - | 2025 |
| KRIS NOBUS Wingene | 2012 | €393,443 | €81,036 | €86,742 | €40,334 | - | 2025 |
| Ruben Fieuws brandertechniek Zonnebeke | 2011 | €354,291 | €233,381 | €112,871 | €69,367 | - | 2025 |
| HUYGHE DIRK Lo-Reninge | 2012 | €400,106 | €368,039 | €79,929 | €39,855 | - | 2025 |
| JOMA Moorslede | 2012 | €348,857 | €175,958 | €84,830 | €2,730 | 0.9 | 2025 |
They were chosen from the 10,240 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 34,693 companies had the same profile as ELEKTRO DECOCK has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of ELEKTRO DECOCK itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,445 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for ELEKTRO DECOCK. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €17,000 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,183 | €26,458 | €26,517 | €28,821 | €31,283 | €29,700 | €25,281 | €32,980 | ▲ 30.5% |
| Other operating charges640/8 | - | - | - | €2,204 | €2,294 | €2,256 | €3,244 | €4,653 | ▲ 43.4% |
| Non-recurring operating charges66A | - | - | - | - | €238 | - | - | €4,959 | - |
| Gross operating margin9900 | €49,497 | €60,099 | €46,138 | €57,555 | €50,046 | €58,196 | €69,954 | €102,318 | ▲ 46.3% |
| Operating profit (loss)9901 | €25,291 | €31,447 | €17,472 | €26,530 | €16,232 | €26,240 | €41,429 | €59,726 | ▲ 44.2% |
| Financial income75/76B | - | - | - | €2,048 | €2,214 | €2,084 | €2,852 | €2,075 | ▼ 27.2% |
| Recurring financial income75 | €65 | €1,977 | €1,941 | €2,048 | €2,214 | €2,084 | €2,852 | €2,075 | ▼ 27.2% |
| Financial charges65/66B | - | - | - | €1,348 | €2,941 | €9,108 | €6,044 | €6,151 | ▲ 1.8% |
| Recurring financial charges65 | €1,846 | €2,119 | €1,678 | €1,162 | €2,941 | €9,108 | €6,044 | €6,151 | ▲ 1.8% |
| Non-recurring financial charges66B | - | - | - | €186 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €23,510 | €31,305 | €17,735 | €27,230 | €15,504 | €19,217 | €38,237 | €55,651 | ▲ 45.5% |
| Income taxes67/77 | €8,320 | €9,819 | €6,914 | €9,053 | €1,788 | €3,966 | €12,032 | €15,814 | ▲ 31.4% |
| Profit (loss) for the period9904 | €15,189 | €21,486 | €10,820 | €18,176 | €13,716 | €15,250 | €26,205 | €39,837 | ▲ 52.0% |
| Profit (loss) for the period to be appropriated9905 | €15,189 | €21,486 | €10,820 | €18,176 | €13,716 | €15,250 | €26,205 | €39,837 | ▲ 52.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €214,186 | €231,106 | €218,055 | €202,587 | €431,178 | €389,231 | €389,874 | €407,550 | ▲ 4.5% |
| Fixed assets21/28 | €154,777 | €157,987 | €136,349 | €121,571 | €317,286 | €337,127 | €315,139 | €334,859 | ▲ 6.3% |
| Tangible fixed assets22/27 | €154,777 | €157,987 | €136,349 | €121,571 | €317,286 | €337,127 | €315,139 | €334,859 | ▲ 6.3% |
| Land and buildings22 | - | - | - | €83,593 | €298,008 | €321,919 | €302,470 | €292,515 | ▼ 3.3% |
| Plant, machinery and equipment23 | - | - | - | €2,942 | €3,681 | €6,826 | €6,385 | €4,373 | ▼ 31.5% |
| Furniture and vehicles24 | - | - | - | €35,035 | €15,598 | €8,381 | €6,284 | €37,971 | ▲ 504% |
| Current assets29/58 | €59,409 | €73,119 | €81,706 | €81,016 | €113,892 | €52,105 | €74,734 | €72,691 | ▼ 2.7% |
| Stocks and contracts in progress3 | €3,507 | €2,971 | €3,381 | €5,850 | €13,605 | €7,367 | €6,574 | €7,462 | ▲ 13.5% |
| Stocks30/36 | - | - | - | €2,850 | €13,605 | €7,367 | €6,574 | €7,462 | ▲ 13.5% |
| Contracts in progress37 | - | - | - | €3,000 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €49,778 | €58,155 | €60,616 | €56,069 | €72,450 | €33,303 | €42,578 | €26,890 | ▼ 36.8% |
| Trade receivables40 | - | - | - | €20,532 | €19,169 | €7,723 | €27,176 | €19,019 | ▼ 30.0% |
| Other amounts receivable41 | - | - | - | €35,537 | €53,280 | €25,580 | €15,402 | €7,871 | ▼ 48.9% |
| Cash at bank and in hand54/58 | €2,124 | €9,994 | €12,609 | €19,097 | €23,664 | €9,257 | €25,555 | €36,098 | ▲ 41.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €4,173 | €2,177 | €27 | €2,240 | ▲ 82× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €214,186 | €231,106 | €218,055 | €202,587 | €431,178 | €389,231 | €389,874 | €407,550 | ▲ 4.5% |
| Equity10/15 | €80,616 | €102,102 | €112,923 | €107,899 | €121,615 | €117,866 | €129,071 | €147,508 | ▲ 14.3% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €59,060 | €80,460 | €91,260 | €86,160 | €99,860 | €96,060 | €107,260 | €125,660 | ▲ 17.2% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €84,300 | €98,000 | €96,060 | €107,260 | €125,660 | ▲ 17.2% |
| Profit (loss) carried forward14 | €2,956 | €3,042 | €3,063 | €3,139 | €3,155 | €3,206 | €3,211 | €3,248 | ▲ 1.1% |
| Amounts payable17/49 | €133,569 | €129,004 | €105,132 | €94,688 | €309,563 | €271,366 | €260,803 | €260,042 | ▼ 0.3% |
| Amounts payable after more than one year17 | €80,881 | €72,715 | €49,901 | €31,533 | €196,782 | €231,418 | €206,510 | €199,335 | ▼ 3.5% |
| Financial debts170/4 | - | - | - | €31,533 | €196,782 | €231,418 | €206,510 | €199,335 | ▼ 3.5% |
| Amounts payable within one year42/48 | €52,688 | €56,289 | €55,231 | €63,155 | €112,780 | €39,948 | €54,293 | €60,707 | ▲ 11.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18,368 | €20,653 | €24,462 | €24,908 | €21,291 | ▼ 14.5% |
| Trade debts44 | €19,344 | €21,621 | €25,503 | €37,733 | €87,339 | €8,520 | €19,352 | €31,252 | ▲ 61.5% |
| Suppliers440/4 | - | - | - | €37,733 | €87,339 | €8,520 | €19,352 | €31,252 | ▲ 61.5% |
| Taxes, remuneration and social security45 | - | - | - | €7,053 | €4,788 | €6,966 | €10,032 | €3,814 | ▼ 62.0% |
| Taxes450/3 | - | - | - | €7,053 | €4,788 | €6,966 | €10,032 | €3,814 | ▼ 62.0% |
| Other amounts payable47/48 | - | - | - | - | - | - | - | €4,350 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,189 | €21,486 | €10,820 | €18,176 | €13,716 | €15,250 | €26,205 | €39,837 | ▲ 52.0% |
| + Depreciation and write-downs630 | €21,183 | €26,458 | €26,517 | €28,821 | €31,283 | €29,700 | €25,281 | €32,980 | ▲ 30.5% |
| Operating cash flow (approximation) | €36,372 | €47,944 | €37,337 | €46,997 | €44,999 | €44,950 | €51,486 | €72,817 | ▲ 41.4% |
| Investment in fixed assets (approximation) | - | -€29,667 | -€4,879 | -€14,043 | -€226,998 | -€49,540 | -€3,293 | -€52,700 | ▼ 1,500% |
| Change in cash | - | €7,870 | €2,615 | €6,488 | €4,566 | -€14,406 | €16,298 | €10,543 | ▼ 35.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00215141 | NBB |
| 31-12-2024 | micro format | 26-06-2025 | 2025-00189764 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00181790 | |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00368361 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20116559 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-27800012 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-23300462 | |
| 31-12-2018 | micro format | 29-06-2019 | 2019-26000380 | |
| 31-12-2017 | micro format | 29-06-2018 | 2018-25400151 | |
| 31-12-2016 | micro format | 27-06-2017 | 2017-22400568 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 16-05-2023 Capital stated in the deed · 186 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DECOCK Kristof Werner Roger |
|
Network & group
ELEKTRO DECOCK shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ELEKTRO DECOCK. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
16-05
Gazette deed
Resignation: DECOCK Kristof Werner Roger (manager)Appointment: DECOCK Kristof Werner Roger (director) · Capital conversion · Reserve release11 points ▸
- General meeting, “eenparigheidvanstemmen, buitengewonealgemenevergaderingderaandeelhouders” (deed in Dutch)
- Other provision, “aanpassingstatutenaanWVVenbehoudrechtsvorm, statutenaanpassen” (deed in Dutch)
- Capital conversion, “vanrechtswege, artikel39,§2,derdelidwet23maart2019” (deed in Dutch)
- Reserve release, “opheffing, middelenbeschikbaarvooruitkering” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, DECOCK Kristof Werner Roger (manager)
- Director appointment, DECOCK Kristof Werner Roger (director (not named in the articles))
- Director discharge, DECOCK Kristof Werner Roger
- Registered office clause, “8554 Zwevegem (Sint-Denijs), Moenstraat 2 bus B” (deed in Dutch)
- Power of attorney, Frederic OPSOMER
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202517 activities
- Allewerkzaamhedeninzakeplaatsingenonderhoudvanelektrotechnischeinstallaties,zowelroerendealsonroerende,inderuimstezinvanhetwoord.
- Installateurvanzonnepanelen.
- Installateurvanalarmssystemenenelektrischeleidingen.hetherstellenvanelektrischetoestellen,verlichtingsartikelen,radio-elektrischmateriaal,geluidsapparatuurenaudiovisueletoestellen.
- Groot-enkleinhandlinelektrischehuishoudapparatenenanderehuishoudelijkeartikelenensiervoorwerpen.
- Groot-enkleinhandelvanradio-entelevisietoestellenalsmededeonderdelener van.
- Groot-enkleinhandelvanalarm-enbeveiligingstoestellen,vantoestellengebruiktineenalarm-ofbeveiligingssysteem.
- Groot-enkleinhandelvancomputers.
- Deherstellingvanvoormeldeapparaten.
- Hetbeheer,hetverwerven,deinstandhoudingenvaloriseringvaneenonroerendvermogen,dehuurfinancieringvanonroerendegoederenaanderden,hetaankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,leasen,inleasinggeven,verkavelen,prospecterenuitbatenvanonroerendegoederen,alsmedeallehandelingendierechtstreeksofonrechtstreeksmetditvoorwerpinverbandstaanendievanaardzijndeopbrengstvandeonroerendegoederentebevorderen,zoalshetonderhoud,deontwikkeling,deverfraaiingendeverhuringvandezegoederen,alsmedehetgoedeverloopvanverbintenissendoorderdepersonenaangegaandiehetgenotzoudenhebbenvandezeonroerendegoederen,bewerkstelligen.
- Projectontwikkelingenhandelinonroerendgoedvooreigenrekening,projectontwikkelingvoorwoningbouw,voornieuwbouwvanindividuelewoningenofrenovatiewerken,voordebouwvanappartementsgebouwen,voorkantoorgebouwen,voorinfrastructuurwerken,voordebouwofaalegvancommerciëleenindustriëlecentra,hotels,industriezonesenmarkten,jachthavens,autowegen,wintersportcentraenzovoort.
- Deverhuurvanterreinen,ookindienbebouwd,vanterreinenvoorlandbouwdoeleinden.
- Debemiddelinginenbeheervanonroerendgoedvoorrekeningvanderden.
- Debemiddelingbijdeaankoop,verkoopenverhuurvanonroerendegoederen,hetschattenenevaluerenvanonroerendgoed,hetbeheervanonroerendgoed,waaronderondermeerhetbeheer vanresidentiëlegebouwen.
- Alleroerende verrichtingenondernemenzoalshetkopenenverkopen,ruilen,beherenenvaloriserenvangelden geldverbeeldendewaardenenmetalen,welkede vennootschapinkasofinportefeuillezouhebben,hurenenverhurenvanmeubelenenmeubilerendevoorwerpen,welkdanigook,diedevennootschapzoubezitten.
- Hetnemenvanparticipatiesendeelnemingeninandereondernemingenalsmedehetborgstellentenoverstaanvanderdenmethetoogopcommerciëleenfinanciële verhandelingenvoordezederden.
- Hetverstrekkenvanleningenenkredietenonderwelkevormookalsmedehetverzamelen van denodigefondsen daarvoordesgevallend.
- Hetverrichtenvanallerleiadministratie vediensten vaninformatieve,financiële,administratieve,sociáleenorganisatorischeaard.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0845.479.219
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34034C0540/00H000 | Flanders | 453 m² | 1 · 169 m² | 10.5 m · 2 |