Skip to content

Elektro Soetaert

Active
Private limited companyfounded 2020active for 5 yearsBrugsesteenweg 82, 8740 Pittem, BelgiumKBO/BCE: BE 0760.610.553
Summary

Elektro Soetaert has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243,595 and a net result of €20,847. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 28% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow ReportCompare
Elektro SoetaertActiveChecked score 66/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€908,363total assets 2025
Equity
€243,595
Profit
€20,847
Turnover not published (micro format)
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
2025 accounts filed 54 days late1 of 2 deeds summarised
Why 66raises riskLast filed accounts filed 54 days late; 1 of the last 3 lateFounded in 2020Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €908,363Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 41% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 52+3
equity 26.8% of total assets
Liquidity 58+5
short-term debt 7.4% · cash 6.4%
Profitability 55-21
return on assets 2.3%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%▲ +0.2 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.3 percentage points vs 07-2026 09-2026: 1.2%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 1.0%▼ -0.2 percentage points vs 09-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.28, compared with 1.81 in 2024, above the usual 1.5; short-term debt: 7.4% and cash: 6.4% of total assets), but 73.2% 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 28% on solvency, 55% on liquidity, 26% on profitability and 54% on growth.

The bankruptcy probability was computed on 24-10-2026 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.
lowers riskraises riskneutral
raises risk · Last filed accounts filed 54 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: total assets €908,363
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filings
Deviation from the deadline
2025
54 days late
2024
1 day early
2023
54 days early
2022
28 days early
2021
50 days early
← 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 16 days before 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)
neutral · 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. The company usually files around 3 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet €20,847 ▼61.5%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 13% on equitysector median €57,810 · 34,711 companies €243,595 View
  • Positive: 5 profitable years in a rowprofit 2025: €20,847 5 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€908,363
Profit
€20,847
Solvency
26.8%
Total assets▼ 0.7%
Net result
20212025
Go to Financials

Timeline

Events
10
Since
2022
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €200,000
  2. 02-12-2024Appointment: Maes Stephanie (additional director)
  3. 07-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
28-12-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Elektro Soetaert

What is the company number of Elektro Soetaert?
0760.610.553. In Belgium the VAT number is the company number with BE in front: BE 0760.610.553.
Where is Elektro Soetaert based?
The registered office is at Brugsesteenweg 82, 8740 Pittem.Company details
What does Elektro Soetaert do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Elektro Soetaert?
Private limited company (BV).
When was Elektro Soetaert founded?
On 28-12-2020.
Is Elektro Soetaert still active?
Yes, Elektro Soetaert is an active enterprise in the KBO register.
What is the turnover of Elektro Soetaert?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Elektro Soetaert profitable?
In financial year 2025, Elektro Soetaert made a profit of €20,847.
Where can I find the annual accounts of Elektro Soetaert?
Elektro Soetaert filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Elektro Soetaert due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to Elektro Soetaert

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure