Elektro HICK
Elektro HICK has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €354k and a net result of €58k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 3570 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €354k |
| Net result | €58k |
| Staff (FTE) | 11.4 |
| Better than sector | 55% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.2% | 40.0% | |
| Net result | €58k | €29k | |
| Equity | €354k | €287k | |
| Gross operating margin | €713k | €292k | |
| Staff costs | €555k | €363k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €148k | €253k | €199k | €139k | €134k |
| Net profit | €58k | €138k | €102k | €60k | €92k |
| Cash flow | €109k | €190k | €147k | €100k | €106k |
| Staff costs | €555k | €606k | €704k | €614k | - |
| Income taxes | €24k | €60k | €49k | €26k | €36k |
| Dividends | €132k | €833 | €159k | - | - |
| Total assets | €818k | €1.03M | €880k | €759k | €691k |
| Equity | €354k | €434k | €467k | €524k | €464k |
| Debt | €464k | €599k | €412k | €232k | €227k |
| of which ≤ 1y | €299k | €581k | €371k | €172k | €178k |
| of which > 1y | €165k | €18k | €40k | €60k | €49k |
| Working capital | €387k | €276k | €318k | €416k | €389k |
| Employees (FTE) | 11.4 | 11.9 | 14.6 | 14.3 | 12.7 |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 2.29 | 1.47 | 1.86 | 3.41 | 3.19 |
| Quick ratio | 2.16 | 1.43 | 1.68 | 3.09 | 2.98 |
| Working capital ratio | 47.4% | 26.6% | 36.1% | 54.9% | 56.3% |
| Solvency | 43.2% | 41.9% | 53.1% | 69.1% | 67.2% |
| Debt / equity | 1.31 | 1.38 | 0.88 | 0.44 | 0.11 |
| Long-term debt ratio | 0.47 | 0.04 | 0.08 | 0.11 | 0.11 |
| Interest coverage | 9.09 | 54.57 | 34.81 | 11.87 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 7.1% | 13.3% | 11.6% | 8.0% | 13.3% |
| ROE | 16.3% | 31.7% | 21.8% | 11.5% | 19.8% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (27 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €818k | €1.03M | €880k | €759k | €691k |
| Fixed assets | 21/28 | €131k | €178k | €191k | €170k | €124k |
| Intangible fixed assets | 21 | €2k | €3k | €5k | €6k | €612 |
| Tangible fixed assets | 22/27 | €128k | €173k | €185k | €162k | €122k |
| Financial fixed assets | 28 | €1k | €1k | €1k | €1k | €1k |
| Current assets | 29/58 | €687k | €857k | €689k | €589k | €566k |
| Stocks & contracts in progress | 3 | €41k | €26k | €65k | €56k | €37k |
| Amounts receivable within one year | 40/41 | €260k | €379k | €331k | €216k | €349k |
| Cash & bank | 54/58 | €378k | €441k | €285k | €306k | €180k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €818k | €1.03M | €880k | €759k | €691k |
| Equity | 10/15 | €354k | €434k | €467k | €524k | €464k |
| Contributions / capital | 10/11 | €12k | €19k | €189k | €189k | - |
| Reserves | 13 | €341k | €415k | €278k | €336k | €275k |
| Accumulated profits (losses) | 14 | - | - | - | - | €-5k |
| Provisions & deferred taxes | 16 | €481 | €962 | €1k | €2k | - |
| Amounts payable | 17/49 | €464k | €599k | €412k | €232k | €227k |
| Amounts payable after one year | 17 | €165k | €18k | €40k | €60k | €49k |
| Amounts payable within one year | 42/48 | €299k | €581k | €371k | €172k | €178k |
| Trade debts payable within one year | 44 | €64k | €145k | €119k | €93k | €92k |
| Income statement | ||||||
| Gross operating margin | 9900 | €713k | €870k | €920k | €774k | €653k |
| Operating result | 9901 | €97k | €201k | €154k | €99k | €119k |
| Financial income | 75 | €879 | €946 | €2k | €1k | €178 |
| Financial charges | 65 | €16k | €5k | €6k | €12k | €16k |
| Result before taxes | 9903 | €81k | €198k | €150k | €89k | €103k |
| Income taxes | 67/77 | €24k | €60k | €49k | €26k | €36k |
| Net result for the period | 9904 | €58k | €138k | €102k | €60k | €67k |
| Result to be appropriated | 9905 | €59k | €139k | €103k | €55k | €92k |
| NACE primary | Other construction installation(43240) |
| Legal form | Private limited company(610) |
| Incorporation | 27-12-1989 |
| Status | Active |
| Postal code | 4730 |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-09-2025 Publication in the Belgian Official Gazette, Minor change
Technical details
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"notary": {
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"act_meta": {
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"act_kind_objet": "BEFUGNIS\u00DCBERTRAGUNG"
},
"decision": {
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"date": "2025-09-11",
"unanimous": null
},
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"detected_kind": "special_procuration",
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"subject_company": {
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},
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"person_name": "Markus HICK",
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},
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"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": {
"grantee_kbo": null,
"grantee_name": "Herr LAMBERTZ Henrik",
"grantor_name": "Elektro HICK",
"scope_summary": "Die Verwaltungsratsmitglieder \u00FCbertragen den unten aufgef\u00FChrten Personen die ausschlie\u00DFliche Befugnis, das Unternehmen allein und getrennt f\u00FCr die Installation von Alarmanlagen und alle T\u00E4tigkeiten im Zusammenhang mit privaten Sicherheitsdienstleistungen zu verpflichten.",
"monetary_cap_eur": null,
"scope_categories": [
"other"
],
"termination_clause": null,
"substitution_allowed": false
},
"is_volet_a_only_stub": true,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}22-07-2025 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "decharge_granted",
"role": "Verwalter",
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},
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"subkind": "regular",
"via_org": null,
"statutory": "statutair",
"compensated": null,
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"evidence_quote": "",
"decharge_status": "granted",
"mandate_duration": null,
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],
"notary": {
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"act_meta": {
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"decisions": [
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"date": "2025-07-08",
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],
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"subject_company": {
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"_kbo_filled_from_list": true
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"publication_proxy": {
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"person_role_at_subject": "Verwalter"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}30-07-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Antoine Rijckaert",
"firm_city": null,
"firm_name": null,
"office_city": "Eupen",
"is_associated": false
},
"act_meta": {
"language": "de",
"pub_date": "2024-07-30",
"filing_date": null,
"act_kind_objet": "AUSTRITT ZU LASTEN DES GESELLSCHAFTSVERM\u00D6GENS-ANNULIERUNG VON AKTIEN - ANPASSUNG DER STATUTEN"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2024-06-20",
"unanimous": true
},
"agm_change": null,
"detected_kind": "other_address_change",
"other_address": {
"action": "modified",
"purpose": "statutaire_zetel",
"address_new": null,
"address_old": "4730 Raeren, Am Plei, 17",
"effective_date": null,
"effective_date_is_approximate": null
},
"mandate_renewal": null,
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"co_filed_documents": [
"Ausfertigung des Protokolls der Generalversammlung"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": true,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}16-02-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
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"firm_city": null,
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},
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"date": "2023-12-12",
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},
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"vakbekwaamheid_change": null,
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}| Legal nameDE | Elektro HICK |