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ELEKTRO LINK

Active
Private limited companyfounded 2020active for 6 yearsPastoor Paquaylaan 25, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0748.715.581
Summary

The computed 12-month bankruptcy probability of ELEKTRO LINK is 2.9% (moderate). The 2024 annual accounts show equity of €29,260 and a net result of -€1,000. Equity is growing by about 44% per year across the filed financial years. Its solvency ranks better than 76% of 36,377 sector peers (NACE 43, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€41,898total assets 2024
Equity
€29,260
Loss
-€1,000
Turnover not published (micro format)
Financial health
51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Accounts 71 days overdue0 of 1 deed read
Why 51raises riskFigures for financial year 2024 (filed 07-10-2025)1 financial year not filed after the legal deadline; latest accounts 60 days late; 1 of the last 3 lateSize: total assets €41,898lowers riskLiquidity: current ratio 3.17, cash €8,464Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 45% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 95+3
equity 69.8% of total assets
Liquidity 63-11
short-term debt 30.2% · cash 20.2%
Profitability 19-30
return on assets -2.4%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,541 companies, NACE 43, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.3%▲ +0.2 percentage points vs 08-2025 10-2025: 2.1%▲ +0.8 percentage points vs 09-2025 11-2025: 1.0%▼ -1.1 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%▲ +0.1 percentage points vs 08-2026 10-2026: 2.9%▲ +1.2 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.17, compared with 2.88 in 2023; short-term debt: 30.2% and cash: 20.2% of total assets), and 30.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 76% on solvency, 61% on liquidity, 14% on profitability and 30% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 07-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 60 days late; 1 of the last 3 late
NBB · filings
raises risk · Size: total assets €41,898
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.17, cash €8,464
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
60 days late
2023
31 days early
2022
31 days early
2021
9 days late
2020
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 19 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€1,000
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Total assets 20245 financial years filed €41,898 View
  • Active since 2020founded 18-06-2020 6 years View

By topic

Financials

Financial year
2024
Total assets
€41,898
Loss
-€1,000
Solvency
69.8%
Go to Financials

Timeline

Events
7
Since
2021
  1. 30-06-2023Annual accounts filed
  2. 31-12-2022Highest result from 2020 to 2024
  3. 09-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
18-06-2020
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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