ELEKTRO SCHOONAERT
ActiveELEKTRO SCHOONAERT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.32M and a net result of €951k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▼-5
Solvency98=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280k at 30 days acceptable
Liquidity ample (current ratio 3.71 against 3.66 in 2024; short-term debt: 23.2% and cash: 26.8% of total assets), and 26.7% 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 2025Solvency, return and age of the figures
Solvency
73.3%
Return on assets
21%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
113 d early
2023
on the day
2022
43 d late
2021
31 d late
2020
31 d late
2019
67 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.32M▲ 18.8%
2024 · €2.80M
2018: €1.15M
2019: €1.41M
2020: €1.54M
2021: €1.80M
2022: €1.97M
2023: €2.24M
2024: €2.80M
2018 → 2025
Total assets
€4.53M▲ 17.8%
2024 · €3.85M
2018: €1.87M
2019: €2.45M
2020: €2.41M
2021: €2.54M
2022: €2.80M
2023: €2.96M
2024: €3.85M
2018 → 2025
Net result
€951k▼ 15.0%
2024 · €1.12M
2018: €384k
2019: €258k
2020: €124k
2021: €315k
2022: €406k
2023: €538k
2024: €1.12M
2018 → 2025
Working capital
€2.85M▲ 18.8%
2024 · €2.40M
2018: €928k
2019: €1.18M
2020: €1.26M
2021: €1.49M
2022: €1.63M
2023: €1.85M
2024: €2.40M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.80M-€1.97M▲ 9.5%€2.24M▲ 13.6%€2.80M▲ 24.6%€3.32M▲ 18.8%
Operating result€373k-€574k▲ 53.9%€731k▲ 27.4%€1.39M▲ 89.9%€1.20M▼ 13.2%
Net result€315k-€406k▲ 28.8%€538k▲ 32.4%€1.12M▲ 108%€951k▼ 15.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.53M
Fixed assets
€635k▲ 14.9%
Current assets
€3.90M▲ 18.2%
Equity and liabilities €4.53M
Equity
€3.32M▲ 18.8%
Provisions
€9k▼ 1.3%
Debt
€1.20M▲ 15.0%
The debt ratio falls from 27.1% to 26.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.39M▼
2024 · €1.54M
Cash flow
€1.13M▼
2024 · €1.27M
Solvency
73.3%▲
2024 · 72.6%
Current ratio
3.71▲
2024 · 3.66
Quick ratio
3.15▼
2024 · 3.30
Debt / equity
0.36▼
2024 · 0.37
ROE
28.6%▼
2024 · 40.0%
ROA
21.0%▼
2024 · 29.1%
Interest coverage
13.06▼
2024 · 18.72
Debt
€1.20M▲
2024 · €1.05M
Debt ≤ 1 year
€1.05M▲
2024 · €901k
Debt > 1 year
€150k▲
2024 · €140k
Income taxes
€229k▼
2024 · €253k
Staff costs
€2.32M▲
2024 · €1.83M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.85M€4.53M▲
Fixed assets21/28€553k€635k▲
Tangible fixed assets22/27€553k€635k▲
Land and buildings22€142k€128k▼
Plant, machinery and equipment23€26k€60k▲
Furniture and vehicles24€385k€426k▲
Other tangible fixed assets26-€20k
Current assets29/58€3.30M€3.90M▲
Stocks and contracts in progress3€321k€591k▲
Stocks30/36€305k€515k▲
Contracts in progress37€16k€76k▲
Amounts receivable within one year40/41€1.50M€1.84M▲
Trade receivables40€466k€753k▲
Other amounts receivable41€1.03M€1.09M▲
Current investments50/53€566k€206k▼
Cash at bank and in hand54/58€865k€1.22M▲
Deferred charges and accrued income490/1€48k€45k▼
Equity and liabilities
Total equity and liabilities10/49€3.85M€4.53M▲
Equity10/15€2.80M€3.32M▲
Contributions10/11€25k€25k=
Reserves13€2.77M€3.30M▲
Tax-exempt reserves132€94k€94k=
Distributable reserves133€2.68M€3.20M▲
Provisions and deferred taxes16€9k€9k▼
Provisions for liabilities and charges160/5€9k€9k▼
Other liabilities and charges164/5€9k€9k▼
Amounts payable17/49€1.05M€1.20M▲
Amounts payable after more than one year17€140k€150k▲
Financial debts170/4€140k€150k▲
Amounts payable within one year42/48€901k€1.05M▲
Current portion of amounts payable after more than one year42€100k€118k▲
Financial debts43-€34k
Credit institutions430/8-€34k
Trade debts44€192k€361k▲
Suppliers440/4€192k€361k▲
Advances received on contracts in progress46€600-
Taxes, remuneration and social security45€206k€237k▲
Taxes450/3€67k€80k▲
Remuneration and social security454/9€139k€157k▲
Other amounts payable47/48€403k€302k▼
Accrued charges and deferred income492/3€4k-
Income statement
Code20242025
Remuneration, social security and pensions62€1.83M€2.32M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€154k€184k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-116€357▲
Other operating charges640/8€15k€18k▲
Gross operating margin9900€3.39M€3.73M▲
Operating profit (loss)9901€1.39M€1.20M▼
Financial income75/76B€67k€82k▲
Recurring financial income75€67k€80k▲
Non-recurring financial income76B-€2k
Financial charges65/66B€82k€106k▲
Recurring financial charges65€82k€106k▲
Profit (loss) for the period before taxes9903€1.37M€1.18M▼
Income taxes67/77€253k€229k▼
Profit (loss) for the period9904€1.12M€951k▼
Profit (loss) for the period to be appropriated9905€1.12M€951k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.12M€951k▼
Transfer from equity791/2€167k€124k▼
Transfer to equity691/2€719k€651k▼
To other reserves6921€719k€651k▼
Profit to be distributed694/7€567k€424k▼
Return on contributions (dividend)694€167k€124k▼
Directors or managers695€400k€300k▼
Social balance
Average headcount (FTE)908731.737.8▲
The notes to these accounts (10 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 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.12M ▲108%
Operating result €1.39M, net result €1.12M, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2MEq €2.24M ▲13.6%
6 profitable years in a row build equity to €2.24M.
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 43 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €124k ▼51.8%
Net result drops to €124k, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Veurne · 1 establishment unit since 1996
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.
Werkplaatsstraat 28630 VeurneGround area
1.0 ha
Building footprint
1.3 ha
Volume, LiDAR
62,865 m³
Parcel 38025C0184/00V000, Flanders · tallest building 17.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELEKTRO SCHOONAERT
since 19962.077.192.642
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025C0184/00V000 | Flanders | 1.0 ha | 1 · 1.3 ha | 17.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 21,965 EUR awarded · 18,455 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,669 EUR | 1,280 EUR |
| 2024 | 2 | 7,210 EUR | 7,185 EUR |
| 2023 | 1 | 7,500 EUR | 7,500 EUR |
| 2022 | 1 | 5,586 EUR | 2,490 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Recognised contractor
4 categoriesELEKTRO SCHOONAERT BV28265
Dual-learning approval
5 live approvals · 2 endedElektrische installaties duaal (so)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Elektrotechnisch installateur (vwo)
Installateur elektrotechnische basiscomponenten duaal (so)
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 1,836 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-1996
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
33200Installation of industrial machinery and equipment
46842Wholesale trade
47540Retail sale of electrical household appliances
47552Retail sale of lighting equipment
47592Retail trade
51542
52442
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.