ELEKTRO DESIGN
ActiveThe computed 12-month bankruptcy probability of ELEKTRO DESIGN is 2.3% (moderate). The 2025 annual accounts show equity of €19k and a net result of €20k. Its solvency ranks better than 40% of 27386 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
84
/ 100
Excellent▲ +74 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency66▲+27
Growth78
Stability82
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 1.34 against 0.74 in 2024), and 62.2% 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
37.8%
Return on assets
40.5%
Age of the figures
8 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 03-06-2026, 58 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
58 d early
2024
21 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, micro schema
Equity
€19k
2024 · €-1k
2024: €-1k
2024 → 2025
Total assets
€50k▲ 7.4%
2024 · €47k
2024: €47k
2024 → 2025
Net result
€20k
2024 · €-5k
2024: €-5k
2024 → 2025
Working capital
€11k
2024 · €-12k
2024: €-12k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€-1k-€19k
Operating result€-5k-€29k
Net result€-5k-€20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €29k after a loss of €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50k
Fixed assets
€8k▼ 37.1%
Current assets
€42k▲ 24.8%
Equity and liabilities €50k
Equity
€19k
Debt
€31k
Debt finances 62.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€34k▲
2024 · €538
Cash flow
€25k▲
2024 · €537
Solvency
37.8%▲
2024 · -2.9%
Current ratio
1.34▲
2024 · 0.74
Quick ratio
0.92▲
2024 · 0.17
Debt / equity
1.65▲
2024 · -35.54
ROE
107.1%▼
2024 · 394.4%
ROA
40.5%▲
2024 · -11.4%
Interest coverage
33.78▲
2024 · 0.59
Debt
€31k▼
2024 · €48k
Debt ≤ 1 year
€31k▼
2024 · €46k
Debt > 1 year
€0▼
2024 · €2k
Income taxes
€8k▲
2024 · €66
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€47k€50k▲
Fixed assets21/28€13k€8k▼
Tangible fixed assets22/27€13k€8k▼
Land and buildings22€2k€2k▼
Furniture and vehicles24€11k€6k▼
Current assets29/58€34k€42k▲
Stocks and contracts in progress3€26k€13k▼
Stocks30/36€26k€13k▼
Amounts receivable within one year40/41€3k€23k▲
Trade receivables40€1k€21k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€5k€6k▲
Deferred charges and accrued income490/1€45€0▼
Equity and liabilities
Total equity and liabilities10/49€47k€50k▲
Equity10/15€-1k€19k▲
Contributions10/11€4k€4k=
Reserves13-€15k
Distributable reserves133-€15k
Profit (loss) carried forward14€-5k€0▲
Amounts payable17/49€48k€31k▼
Amounts payable after more than one year17€2k€0▼
Financial debts170/4€2k€0▼
Amounts payable within one year42/48€46k€31k▼
Current portion of amounts payable after more than one year42€7k€2k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€66€2k▲
Taxes450/3€66€2k▲
Other amounts payable47/48€35k€24k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€3k€36k▲
Operating profit (loss)9901€-5k€29k▲
Financial income75/76B€976€774▼
Recurring financial income75€976€774▼
Financial charges65/66B€911€1k▲
Recurring financial charges65€911€1k▲
Profit (loss) for the period before taxes9903€-5k€29k▲
Income taxes67/77€66€8k▲
Profit (loss) for the period9904€-5k€20k▲
Profit (loss) for the period to be appropriated9905€-5k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€15k▲
Profit (loss) brought forward from the previous period14P-€-5k
Transfer to equity691/2-€15k
To other reserves6921-€15k
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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Koksijde · 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.
Chanzylaan(Kok) 88670 KoksijdeGround area
438 m²
Building footprint
141 m²
Volume, LiDAR
786 m³
Parcel 38014E0808/00W000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELEKTRO DESIGN
since 20242.356.771.683
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38014E0808/00W000 | Flanders | 438 m² | 1 · 141 m² | 8.0 m · 2 fl. |
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.
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BE 0735.852.886
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VEECKELEC
BE 0775.424.136
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SUNTECH ENRJ
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 7,064 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2024
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
33200Installation of industrial machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.