ELEKTRO FIX & FLEX
ActiveSummary
ELEKTRO FIX & FLEX has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €311k and a net result of €82k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 5.14 against 5.68 in 2024; short-term debt: 18.9% and cash: 41.1% of total assets), and 18.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
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
81.1%
Return on assets
21.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
4 d early
2021
on the day
2020
2 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€311k▲ 12.0%
2024 · €278k
2019: €92klowest in 7 years
2020: €147k▲ +60.5% vs 2019
2021: €202k▲ +37.2% vs 2020
2022: €210k▲ +3.8% vs 2021
2023: €224k▲ +6.7% vs 2022
2024: €278k▲ +24.2% vs 2023
2025: €311k▲ +12.0% vs 2024highest in 7 years
2019 → 2025
Total assets
€384k▲ 14.6%
2024 · €335k
2019: €227klowest in 7 years
2020: €265k▲ +16.8% vs 2019
2021: €302k▲ +14.0% vs 2020
2022: €326k▲ +7.8% vs 2021
2023: €291k▼ -10.7% vs 2022
2024: €335k▲ +15.3% vs 2023
2025: €384k▲ +14.6% vs 2024highest in 7 years
2019 → 2025
Net result
€82k▲ 10.1%
2024 · €74k
2019: €16klowest in 7 years
2020: €70k▲ +331% vs 2019
2021: €74k▲ +6.2% vs 2020
2022: €29k▼ -60.2% vs 2021
2023: €17k▼ -41.7% vs 2022
2024: €74k▲ +334% vs 2023
2025: €82k▲ +10.1% vs 2024highest in 7 years
2019 → 2025
Working capital
€300k▲ 12.6%
2024 · €267k
2019: €76klowest in 7 years
2020: €137k▲ +79.3% vs 2019
2021: €184k▲ +34.9% vs 2020
2022: €195k▲ +5.7% vs 2021
2023: €208k▲ +6.9% vs 2022
2024: €267k▲ +28.1% vs 2023
2025: €300k▲ +12.6% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€202k-€210k▲ 3.8%€224k▲ 6.7%€278k▲ 24.2%€311k▲ 12.0%
2021: €202klowest in 5 years
2022: €210k▲ +3.8% vs 2021
2023: €224k▲ +6.7% vs 2022
2024: €278k▲ +24.2% vs 2023
2025: €311k▲ +12.0% vs 2024highest in 5 years
Operating result€101k-€50k▼ 50.3%€29k▼ 41.9%€108k▲ 270%€112k▲ 3.8%
2021: €101k
2022: €50k▼ -50.3% vs 2021
2023: €29k▼ -41.9% vs 2022lowest in 5 years
2024: €108k▲ +270% vs 2023
2025: €112k▲ +3.8% vs 2024highest in 5 years
Net result€74k-€29k▼ 60.2%€17k▼ 41.7%€74k▲ 334%€82k▲ 10.1%
2021: €74k
2022: €29k▼ -60.2% vs 2021
2023: €17k▼ -41.7% vs 2022lowest in 5 years
2024: €74k▲ +334% vs 2023
2025: €82k▲ +10.1% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384k
Fixed assets
€11k ▼ 0.7%
Current assets
€373k ▲ 15.1%
Equity and liabilities €384k
Equity
€311k ▲ 12.0%
Debt
€72k ▲ 27.0%
Debt's share of the balance-sheet total rises from 17.0% to 18.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€121k▲
2024 · €114k
Cash flow
€91k▲
2024 · €81k
Current ratio
5.14▼
2024 · 5.68
Quick ratio
4.81▼
2024 · 5.13
Debt to equity
0.23▲
2024 · 0.21
ROE
26.3%▼
2024 · 26.8%
ROA
21.3%▼
2024 · 22.2%
Interest coverage
36.52▲
2024 · 33.82
Debt ≤ 1 year
€72k▲
2024 · €57k
Income taxes
€32k▲
2024 · €30k
Staff costs
€82k▲
2024 · €66k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€335k€384k▲
Fixed assets21/28€11k€11k▼
Tangible fixed assets22/27€11k€11k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€6k€8k▲
Current assets29/58€324k€373k▲
Stocks and contracts in progress3€31k€24k▼
Stocks30/36€31k€24k▼
Amounts receivable within one year40/41€78k€132k▲
Trade receivables40€71k€111k▲
Other amounts receivable41€7k€22k▲
Current investments50/53-€50k
Cash at bank and in hand54/58€208k€158k▼
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€335k€384k▲
Equity10/15€278k€311k▲
Contributions10/11€6k€200▼
Reserves13€272k€311k▲
Distributable reserves133€272k€311k▲
Amounts payable17/49€57k€72k▲
Amounts payable within one year42/48€57k€72k▲
Current portion of amounts payable after more than one year42€758-
Trade debts44€25k€40k▲
Suppliers440/4€25k€40k▲
Taxes, remuneration and social security45€12k€11k▼
Taxes450/3€9k€444▼
Remuneration and social security454/9€4k€10k▲
Other amounts payable47/48€19k€22k▲
Income statement
Code20242025
Remuneration, social security and pensions62€66k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€182k€204k▲
Operating profit (loss)9901€108k€112k▲
Financial income75/76B€765€6k▲
Recurring financial income75€765€6k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€105k€114k▲
Income taxes67/77€30k€32k▲
Profit (loss) for the period9904€74k€82k▲
Profit (loss) for the period to be appropriated9905€74k€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€82k▲
Transfer from equity791/2€17k€39k▲
Transfer to equity691/2€71k€79k▲
To other reserves6921€71k€79k▲
Profit to be distributed694/7€20k€43k▲
Return on contributions (dividend)694€20k€43k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €9k | - | - | - |
| Remuneration, social security and pensions62 | - | €98k | €82k | €66k | €82k | ▲ 22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €11k | €8k | €7k | €9k | ▲ 32.9% |
| Other operating charges640/8 | - | €2k | €2k | €1k | €1k | ▲ 26.9% |
| Gross operating margin9900 | €196k | €161k | €121k | €182k | €204k | ▲ 12.0% |
| Operating profit (loss)9901 | €101k | €50k | €29k | €108k | €112k | ▲ 3.8% |
| Financial income75/76B | - | €31 | €0 | €765 | €6k | ▲ 650% |
| Recurring financial income75 | €3 | €31 | €0 | €765 | €6k | ▲ 650% |
| Financial charges65/66B | - | €3k | €4k | €3k | €3k | ▼ 2.3% |
| Recurring financial charges65 | €3k | €3k | €4k | €3k | €3k | ▼ 2.3% |
| Profit (loss) for the period before taxes9903 | €98k | €47k | €25k | €105k | €114k | ▲ 8.7% |
| Income taxes67/77 | €23k | €17k | €8k | €30k | €32k | ▲ 5.5% |
| Profit (loss) for the period9904 | €74k | €29k | €17k | €74k | €82k | ▲ 10.1% |
| Profit (loss) for the period to be appropriated9905 | €74k | €29k | €17k | €74k | €82k | ▲ 10.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €302k | €326k | €291k | €335k | €384k | ▲ 14.6% |
| Fixed assets21/28 | €18k | €19k | €17k | €11k | €11k | ▼ 0.7% |
| Tangible fixed assets22/27 | €18k | €19k | €17k | €11k | €11k | ▼ 0.7% |
| Plant, machinery and equipment23 | - | €7k | €6k | €5k | €3k | ▼ 34.6% |
| Furniture and vehicles24 | - | €11k | €10k | €6k | €8k | ▲ 28.3% |
| Other tangible fixed assets26 | - | €1k | €724 | - | - | - |
| Current assets29/58 | €284k | €307k | €274k | €324k | €373k | ▲ 15.1% |
| Stocks and contracts in progress3 | €26k | €51k | €42k | €31k | €24k | ▼ 22.0% |
| Stocks30/36 | - | €40k | €27k | €31k | €24k | ▼ 22.0% |
| Contracts in progress37 | - | €11k | €15k | - | - | - |
| Amounts receivable within one year40/41 | €40k | €45k | €22k | €78k | €132k | ▲ 70.5% |
| Trade receivables40 | - | €26k | €17k | €71k | €111k | ▲ 56.3% |
| Other amounts receivable41 | - | €20k | €5k | €7k | €22k | ▲ 219% |
| Current investments50/53 | - | - | - | - | €50k | - |
| Cash at bank and in hand54/58 | €215k | €208k | €208k | €208k | €158k | ▼ 24.3% |
| Deferred charges and accrued income490/1 | - | €2k | €1k | €7k | €9k | ▲ 20.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €302k | €326k | €291k | €335k | €384k | ▲ 14.6% |
| Equity10/15 | €202k | €210k | €224k | €278k | €311k | ▲ 12.0% |
| Contributions10/11 | - | €6k | €6k | €6k | €200 | ▼ 96.8% |
| Reserves13 | €196k | €204k | €218k | €272k | €311k | ▲ 14.5% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €202k | €218k | €272k | €311k | ▲ 14.5% |
| Amounts payable17/49 | €100k | €116k | €67k | €57k | €72k | ▲ 27.0% |
| Amounts payable after more than one year17 | - | €4k | €758 | - | - | - |
| Financial debts170/4 | - | €4k | €758 | - | - | - |
| Amounts payable within one year42/48 | €100k | €112k | €66k | €57k | €72k | ▲ 27.0% |
| Current portion of amounts payable after more than one year42 | - | €3k | €3k | €758 | - | - |
| Financial debts43 | - | €17k | €4k | - | - | - |
| Credit institutions430/8 | - | €17k | €4k | - | - | - |
| Trade debts44 | €11k | €32k | €13k | €25k | €40k | ▲ 61.4% |
| Suppliers440/4 | - | €32k | €13k | €25k | €40k | ▲ 61.4% |
| Taxes, remuneration and social security45 | - | €6k | €9k | €12k | €11k | ▼ 15.6% |
| Taxes450/3 | - | €650 | €4k | €9k | €444 | ▼ 94.8% |
| Remuneration and social security454/9 | - | €6k | €5k | €4k | €10k | ▲ 155% |
| Other amounts payable47/48 | - | €54k | €36k | €19k | €22k | ▲ 15.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74k | €29k | €17k | €74k | €82k | ▲ 10.1% |
| + Depreciation and write-downs630 | €10k | €11k | €8k | €7k | €9k | ▲ 32.9% |
| Operating cash flow (approximation) | €84k | €40k | €25k | €81k | €91k | ▲ 12.0% |
| Investment in fixed assets (approximation) | - | €-12k | €-5k | €-2k | €-9k | ▼ 433% |
| Change in cash | - | €-7k | €31 | €-321 | €-50k | ▼ 15,638% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €82k ▲10.1%
Operating result €112k, net result €82k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200kEq €202k ▲37.2%
3 profitable years in a row build equity to €202k.
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
30-06
Financial
Equity above €100kEq €147k ▲60.5%
2 profitable years in a row build equity to €147k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
02-01
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Herselt · 1 establishment unit since 2008
Ground area
1,513 m²
Building footprint
151 m²
Volume, LiDAR
753 m³
Parcel 13013B0420/00N000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELEKTRO FIX & FLEX
since 20082.168.648.301
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13013B0420/00N000 | Flanders | 1,513 m² | 1 · 151 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 7,512 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-01-2008
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.