ELEKTRO GODERIS
ActiveELEKTRO GODERIS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €35k and a net result of €9k. Equity is shrinking by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 15866 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
61
/ 100
Healthy▲ +10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+20
Solvency30▲+19
Growth58=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.42 in 2023), and 75.4% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
24.6%
Return on assets
6.6%
Age of the figures
20 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €35k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
19 d late
2023
27 d late
2022
49 d early
2021
30 d late
2020
27 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€35k▲ 36.7%
2023 · €25k
2018: €53k
2019: €53k
2020: €34k
2021: €25k
2022: €21k
2023: €25k
2018 → 2024
Total assets
€141k▼ 10.3%
2023 · €158k
2018: €260k
2019: €229k
2020: €207k
2021: €188k
2022: €163k
2023: €158k
2018 → 2024
Net result
€9k▲ 128%
2023 · €4k
2018: €3k
2019: €202
2020: €-4k
2021: €-9k
2022: €-4k
2023: €4k
2018 → 2024
Working capital
€-45k▼ 5.7%
2023 · €-43k
2018: €37k
2019: €15k
2020: €-9k
2021: €-26k
2022: €-36k
2023: €-43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€25k▼ 25.3%€21k▼ 15.3%€25k▲ 19.2%€35k▲ 36.7%
Operating result€4k-€-889€3k€10k▲ 283%€14k▲ 44.0%
Net result€-4k-€-9k▼ 99.2%€-4k▲ 54.8%€4k€9k▲ 128%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 44% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €141k
Fixed assets
€113k▼ 11.1%
Current assets
€28k▼ 7.2%
Equity and liabilities €141k
Equity
€35k▲ 36.7%
Provisions
€17k=
Debt
€89k▼ 22.4%
The debt ratio falls from 72.8% to 63.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€28k▲
2023 · €24k
Cash flow
€23k▲
2023 · €19k
Solvency
24.6%▲
2023 · 16.1%
Current ratio
0.39▼
2023 · 0.42
Quick ratio
0.39▼
2023 · 0.42
Debt / equity
2.56▼
2023 · 4.51
ROE
26.9%▲
2023 · 16.1%
ROA
6.6%▲
2023 · 2.6%
Interest coverage
8.76▲
2023 · 4.41
Debt
€89k▼
2023 · €115k
Debt ≤ 1 year
€73k▲
2023 · €73k
Debt > 1 year
€16k▼
2023 · €42k
Income taxes
€2k▲
2023 · €170
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€158k€141k▼
Fixed assets21/28€127k€113k▼
Tangible fixed assets22/27€127k€113k▼
Land and buildings22€108k€99k▼
Furniture and vehicles24€566€283▼
Other tangible fixed assets26€19k€14k▼
Current assets29/58€30k€28k▼
Amounts receivable within one year40/41€7k€7k▼
Trade receivables40€7k€7k=
Other amounts receivable41€43€0▼
Cash at bank and in hand54/58€20k€20k▲
Deferred charges and accrued income490/1€3k€749▼
Equity and liabilities
Total equity and liabilities10/49€158k€141k▼
Equity10/15€25k€35k▲
Contributions10/11€12k€12k=
Reserves13€22k€22k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€19k€19k=
Distributable reserves133€3k€4k▲
Profit (loss) carried forward14€-9k€0▲
Provisions and deferred taxes16€17k€17k=
Provisions for liabilities and charges160/5€17k€17k=
Pensions and similar obligations160€17k€17k=
Amounts payable17/49€115k€89k▼
Amounts payable after more than one year17€42k€16k▼
Financial debts170/4€42k€16k▼
Amounts payable within one year42/48€73k€73k▲
Current portion of amounts payable after more than one year42€25k€26k▲
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€12k€9k▼
Other amounts payable47/48€33k€32k▼
Accrued charges and deferred income492/3-€152
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€0€512▲
Gross operating margin9900€27k€31k▲
Operating profit (loss)9901€10k€14k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€4k€11k▲
Income taxes67/77€170€2k▲
Profit (loss) for the period9904€4k€9k▲
Profit (loss) for the period to be appropriated9905€4k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€753▲
Profit (loss) brought forward from the previous period14P€-17k€-9k▲
Transfer from equity791/2€4k€0▼
Transfer to equity691/2-€753
To other reserves6921-€753
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Highest result since 2018net €9k ▲128%
Net result €9k, the highest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Oostrozebeke · 1 establishment unit since 1999
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.
Dentergemstraat 878780 OostrozebekeGround area
2,868 m²
Building footprint
175 m²
Volume, LiDAR
939 m³
Parcel 37010F0056/00B000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELECTRO GODERIS
since 19992.090.520.937
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37010F0056/00B000 | Flanders | 2,868 m² | 1 · 175 m² | 7.7 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.
Similar companies · same sector, comparable size
Nel Hydrogen Electrolyser Belgium
BE 0774.641.802
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Bart en Olaf
BE 0651.574.140
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D.E. INVEST I
BE 0423.129.044
Genk · Eq €34k
Metavox Technology
BE 0692.816.263
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ARTILEK
BE 0418.150.370
Lier · Eq €36k
Of 1,238 companies in sector 46643 we hold annual accounts for 945. 400 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-1999
Fiscal year end31-12
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
43211General electrical installation work
45310
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.