Elektro Mertens

Active

Private limited companyfounded 2024active for 2 yearsIepersestraat 314, 8800 Roeselare, BelgiumKBO/BCE: BE 1004.642.262

Summary

The computed 12-month bankruptcy probability of Elektro Mertens is 2.8% (moderate). The 2025 annual accounts show equity of €65,730 and a net result of €29,848. Its solvency ranks better than 59% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Elektro MertensActiveChecked score 53/100

Risk analysis Report Compare

Activity

General electrical installation work

NACE 43211

1 site

Size

≈ €300,000turnover 2025, estimated

Staff: 1.2 FTE
Equity: €65,730
Profit: €29,848

Turnover estimated from the gross margin

Financial health

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.8%

Structure

MERTENS Miguel WillyDirector

2025 accounts filed 31 days late

Why 53raises riskFounded in 2024Size: total assets €119,555Last filed accounts filed 31 days late; 1 of the last 3 lateSector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 67% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 80+11

equity 55.0% of total assets

Liquidity 45-4

short-term debt 29.7% · cash 6.0%

Profitability 100=

return on assets 25.0%

Bankruptcy probability, 12 months

2.8% 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% (47,658 companies, NACE 43, micro)

Last 24 months 02-2025: 1.9%lowest value 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 2.0%▲ +0.1 percentage points vs 03-2025 05-2025: 2.3%▲ +0.3 percentage points vs 04-2025 06-2025: 2.4%▲ +0.1 percentage points vs 05-2025 07-2025: 2.7%▲ +0.3 percentage points vs 06-2025 08-2025: 3.0%▲ +0.3 percentage points vs 07-2025 09-2025: 2.4%▼ -0.6 percentage points vs 08-2025 10-2025: 2.5%▲ +0.1 percentage points vs 09-2025 11-2025: 2.4%▼ -0.1 percentage points vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.5%▲ +0.1 percentage points vs 12-2025 02-2026: 2.6%▲ +0.1 percentage points vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.7%▲ +0.1 percentage points vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.7%● unchanged vs 05-2026 07-2026: 2.8%▲ +0.1 percentage points vs 06-2026 08-2026: 3.2%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 2.8%▼ -0.4 percentage points vs 08-2026 10-2026: 2.8%● unchanged vs 09-2026

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.56, compared with 2.12 in 2024, above the usual 1.5; short-term debt: 29.7% and cash: 6% of total assets), and 45% of the assets are financed with debt and provisions.

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 60% on solvency, 36% on liquidity, 85% on profitability and 89% on growth.

The bankruptcy probability was computed on 28-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

raises risk

Founded in 2024

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €119,555

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Last filed accounts filed 31 days late; 1 of the last 3 late

NBB · filings

Sector: Specialised construction activities (NACE 43)

KBO

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 2 filings

Deviation from the deadline

2025

31 days late

2024

29 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 30 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 (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2024.

KBO publications · our coverage

31-08-2026 Annual accounts filedfinancial year 2025 · micro…
29-08-2025 Annual accounts filedfinancial year 2024 · micro…
17-01-2024 IncorporationAppointment: MERTENS Miguel Willy (director)…

Key points

One director decidessole director in office 1 View
Total assets 20252 financial years filed €119,555 View
Active since 2024founded 15-01-2024 2 years View

By topic

Financials

Financial year: 2025
Total assets: €119,555
Profit: €29,848
Solvency: 55.0%

Total assets▲ 44.4%

Net result

20242025

Go to Financials

Board & ownership

Board: 1 member

MERTENS Miguel WillyDirector

Go to Board & ownership

Timeline

Events: 3
Since: 2024
Next accounts: by 31-07-2027

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General electrical installation workNACE 43211
Founded: 15-01-2024
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 23

Who signs: Each director alone
Annual meeting: Third Saturday of June at 17:00
Purpose: “Alle elektrische en elektrotechnische werken in en rond gebouwen,plaatsingen,herstellingen…” (deed in Dutch)
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about Elektro Mertens

What is the company number of Elektro Mertens?: 1004.642.262. In Belgium the VAT number is the company number with BE in front: BE 1004.642.262.
Where is Elektro Mertens based?: The registered office is at Iepersestraat 314, 8800 Roeselare.Company details
What does Elektro Mertens do?: According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Elektro Mertens?: Private limited company (BV).
When was Elektro Mertens founded?: On 15-01-2024.
Is Elektro Mertens still active?: Yes, Elektro Mertens is an active enterprise in the KBO register.
How many employees does Elektro Mertens have?: On average 1.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Elektro Mertens?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Elektro Mertens profitable?: In financial year 2025, Elektro Mertens made a profit of €29,848.
Where can I find the annual accounts of Elektro Mertens?: Elektro Mertens filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Elektro Mertens due?: By 31-07-2027, for financial year 2026.Timeline