Elektro-Gantois
ActiveSummary
Elektro-Gantois has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268k and a net result of €38k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+2
Solvency91▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 2.39 in 2024; short-term debt: 26.2% and cash: 28.8% of total assets), and 33.8% of the assets are financed with debt.
Credit advice 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
Sector 43
higher
← 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
66.2%
Return on assets
9.5%
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 16-04-2026, 106 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
106 d early
2024
97 d early
2023
50 d early
2022
148 d late
2021
24 d early
2020
35 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€268k▼ 4.9%
2024 · €282k
2018: €205k
2019: €209k
2020: €155k
2021: €183k
2022: €261k
2023: €279k
2024: €282k
2018 → 2025
Total assets
€405k▼ 0.4%
2024 · €407k
2018: €255k
2019: €279k
2020: €320k
2021: €278k
2022: €391k
2023: €397k
2024: €407k
2018 → 2025
Net result
€38k▲ 19.6%
2024 · €32k
2018: €30k
2019: €21k
2020: €31k
2021: €47k
2022: €78k
2023: €44k
2024: €32k
2018 → 2025
Working capital
€116k▼ 3.8%
2024 · €121k
2018: €176k
2019: €196k
2020: €151k
2021: €172k
2022: €91k
2023: €108k
2024: €121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€183k-€261k▲ 42.4%€279k▲ 6.9%€282k▲ 0.9%€268k▼ 4.9%
Operating result€68k-€95k▲ 39.7%€66k▼ 30.3%€51k▼ 22.4%€55k▲ 6.8%
Net result€47k-€78k▲ 64.7%€44k▼ 43.2%€32k▼ 27.4%€38k▲ 19.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €405k
Fixed assets
€183k ▼ 8.3%
Current assets
€222k ▲ 7.2%
Equity and liabilities €405k
Equity
€268k ▼ 4.9%
Debt
€137k ▲ 9.7%
Debt's share of the balance-sheet total rises from 30.7% to 33.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€71k▲
2024 · €68k
Cash flow
€55k▲
2024 · €49k
Current ratio
2.09▼
2024 · 2.39
Quick ratio
1.65▲
2024 · 1.54
Debt to equity
0.51▲
2024 · 0.44
ROE
14.3%▲
2024 · 11.4%
ROA
9.5%▲
2024 · 7.9%
Interest coverage
15.72▲
2024 · 15.46
Debt ≤ 1 year
€106k▲
2024 · €87k
Debt > 1 year
€31k▼
2024 · €38k
Income taxes
€16k▼
2024 · €17k
Staff costs
€2k▼
2024 · €96k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€407k€405k▼
Fixed assets21/28€199k€183k▼
Tangible fixed assets22/27€199k€183k▼
Land and buildings22€179k€171k▼
Plant, machinery and equipment23€2k€869▼
Furniture and vehicles24€18k€11k▼
Current assets29/58€207k€222k▲
Stocks and contracts in progress3€74k€47k▼
Stocks30/36€38k€28k▼
Contracts in progress37€36k€19k▼
Amounts receivable within one year40/41€36k€54k▲
Trade receivables40€24k€48k▲
Other amounts receivable41€12k€7k▼
Cash at bank and in hand54/58€92k€117k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€407k€405k▼
Equity10/15€282k€268k▼
Contributions10/11€19k€19k=
Reserves13€263k€249k▼
Tax-exempt reserves132€3k€3k=
Distributable reserves133€260k€246k▼
Amounts payable17/49€125k€137k▲
Amounts payable after more than one year17€38k€31k▼
Financial debts170/4€38k€31k▼
Amounts payable within one year42/48€87k€106k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€16k€19k▲
Suppliers440/4€16k€19k▲
Taxes, remuneration and social security45€24k€11k▼
Taxes450/3€13k€9k▼
Remuneration and social security454/9€11k€3k▼
Other amounts payable47/48€40k€69k▲
Income statement
Code20242025
Remuneration, social security and pensions62€96k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€165k€76k▼
Operating profit (loss)9901€51k€55k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€4k€5k▲
Non-recurring financial charges66B€266€53▼
Profit (loss) for the period before taxes9903€49k€55k▲
Income taxes67/77€17k€16k▼
Profit (loss) for the period9904€32k€38k▲
Profit (loss) for the period to be appropriated9905€32k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€38k▲
Transfer from equity791/2€30k€52k▲
Transfer to equity691/2€32k€38k▲
To other reserves6921€32k€38k▲
Profit to be distributed694/7€30k€52k▲
Return on contributions (dividend)694€30k€52k▲
The notes to these accounts (7 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
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 148 days late
2022
31-12
Financial
Highest result since 2018net €78k ▲64.7%
Operating result €95k, net result €78k, both a record.
31-12
Financial
Equity above €200kEq €261k ▲42.4%
5 profitable years in a row build equity to €261k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €21k ▼29.2%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Veurne · 1 establishment unit since 1989
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.
Brugse Steenweg 2208630 VeurneGround area
4,207 m²
Building footprint
702 m²
Volume, LiDAR
200 m³
Parcel 38025C0228/00Y000, Flanders · tallest building 4.8 m. Linked by address, not a title deed.
1 establishment unit
Brugse Steenweg 220, 8630 Veurne
since 19892.041.876.724
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025C0228/00Y000 | Flanders | 4,207 m² | 1 · 702 m² | 4.8 m |
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.
Recognitions · licences · registrations
Legal Entity Identifier
6488SPZ756E26ITZ5410
Similar companies · same sector, comparable size
LS CONTRACTA
BE 0837.514.232
Beveren-Kruibeke-Zwijndrecht · Eq €267,785
Elektrotechniek Jan Van Hasselt
BE 0726.692.524
Brecht · Eq €268,164
E.V.I.
BE 0461.860.055
Tessenderlo-Ham · Eq €267,696
GVE SOLUTIONS
BE 0656.822.236
Wielsbeke · Eq €267,596
Solar Batteries
BE 0782.354.092
Roeselare · Eq €268,332
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 7,787 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-1989
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.