ELEKTRO SARRAZIJN
ActiveELEKTRO SARRAZIJN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €524k and a net result of €118k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 130 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2026
98
/ 100
Excellent▼ -2 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.03 against 5.18 in 2025), and 23.6% 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
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 2026Solvency, return and age of the figures
Solvency
76.4%
Return on assets
17.2%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 08-09-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
53 d early
2025
51 d early
2024
52 d early
2023
56 d early
2022
3 d early
2021
53 d early
2020
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€524k▼ 5.5%
2025 · €555k
2019: €218k
2020: €271k
2021: €361k
2022: €329k
2023: €386k
2024: €489k
2025: €555k
2019 → 2026
Total assets
€686k▲ 4.8%
2025 · €654k
2019: €455k
2020: €480k
2021: €534k
2022: €600k
2023: €559k
2024: €628k
2025: €654k
2019 → 2026
Net result
€118k▲ 1.9%
2025 · €116k
2019: €77k
2020: €53k
2021: €90k
2022: €78k
2023: €83k
2024: €103k
2025: €116k
2019 → 2026
Working capital
€328k▼ 9.6%
2025 · €363k
2019: €62k
2020: €120k
2021: €211k
2022: €193k
2023: €262k
2024: €278k
2025: €363k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€329k-€386k▲ 17.2%€489k▲ 26.7%€555k▲ 13.5%€524k▼ 5.5%
Operating result€119k-€123k▲ 3.6%€154k▲ 25.1%€165k▲ 7.0%€167k▲ 1.4%
Net result€78k-€83k▲ 5.7%€103k▲ 24.6%€116k▲ 12.6%€118k▲ 1.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2026 is 1% above 2025 and is the highest year so far.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €686k
Fixed assets
€196k▼ 4.0%
Current assets
€490k▲ 8.9%
Equity and liabilities €686k
Equity
€524k▼ 5.5%
Debt
€162k▲ 62.6%
The debt ratio rises from 15.2% to 23.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€220k▲
2025 · €216k
Cash flow
€171k▲
2025 · €167k
Solvency
76.4%▼
2025 · 84.8%
Current ratio
3.03▼
2025 · 5.18
Quick ratio
2.97▼
2025 · 4.91
Debt / equity
0.31▲
2025 · 0.18
ROE
22.5%▲
2025 · 20.9%
ROA
17.2%▼
2025 · 17.7%
Interest coverage
171.26▲
2025 · 133.45
Debt
€162k▲
2025 · €99k
Debt ≤ 1 year
€162k▲
2025 · €87k
Debt > 1 year
€0▼
2025 · €13k
Income taxes
€50k▲
2025 · €50k
Staff costs
€52k▼
2025 · €53k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€654k€686k▲
Fixed assets21/28€205k€196k▼
Tangible fixed assets22/27€204k€196k▼
Land and buildings22€22k€17k▼
Plant, machinery and equipment23€18k€12k▼
Furniture and vehicles24€65k€87k▲
Leasing and similar rights25€30k€24k▼
Other tangible fixed assets26€70k€56k▼
Financial fixed assets28€175€175=
Current assets29/58€450k€490k▲
Stocks and contracts in progress3€24k€10k▼
Stocks30/36€24k€10k▼
Amounts receivable within one year40/41€152k€116k▼
Trade receivables40€36k€48k▲
Other amounts receivable41€116k€68k▼
Current investments50/53-€250k
Cash at bank and in hand54/58€268k€106k▼
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€654k€686k▲
Equity10/15€555k€524k▼
Contributions10/11€19k€19k=
Reserves13€536k€506k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€535k€504k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€99k€162k▲
Amounts payable after more than one year17€13k€0▼
Financial debts170/4€13k€0▼
Amounts payable within one year42/48€87k€162k▲
Current portion of amounts payable after more than one year42€20k€13k▼
Financial debts43€3k€6k▲
Credit institutions430/8€3k€6k▲
Trade debts44€55k€29k▼
Suppliers440/4€55k€29k▼
Taxes, remuneration and social security45€8k€22k▲
Taxes450/3€8k€21k▲
Remuneration and social security454/9€827€950▲
Other amounts payable47/48€0€91k▲
Income statement
Code20252026
Non-recurring operating income76A€3k€0▼
Remuneration, social security and pensions62€53k€52k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€53k▲
Other operating charges640/8€2k€6k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€271k€288k▲
Operating profit (loss)9901€165k€167k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€166k€169k▲
Income taxes67/77€50k€50k▲
Profit (loss) for the period9904€116k€118k▲
Profit (loss) for the period to be appropriated9905€116k€118k▲
Appropriation of the result
Profit (loss) to be appropriated9906€116k€118k▲
Transfer from equity791/2€50k€149k▲
Transfer to equity691/2€116k€118k▲
To other reserves6921€116k€118k▲
Profit to be distributed694/7€50k€149k▲
Return on contributions (dividend)694€50k€149k▲
The notes to these accounts (14 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 2027, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2019net €118k ▲1.9%
Operating result €167k, net result €118k, both a record.
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €500kEq €555k ▲13.5%
7 profitable years in a row build equity to €555k.
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €53k ▼30.3%
Net result drops to €53k, the lowest in the series; recovery starts the following year.
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Middelkerke · 1 establishment unit since 2001
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.
Ijslandstraat 128434 MiddelkerkeGround area
2,610 m²
Building footprint
183 m²
Volume, LiDAR
864 m³
Parcel 35009B0558/00C002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELEKTRO SARRAZIJN
since 20012.097.821.671
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35009B0558/00C002 | Flanders | 2,610 m² | 1 · 183 m² | 7.5 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.
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JBE
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Of 22,740 companies in sector 43211 we hold annual accounts for 10,273. 6,339 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2001
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
45310
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.