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ELEKTRO T.B.

Active
Private limited companyfounded 199927 yrs activeStarrenhoflaan 36, 2950 Kapellen, BelgiumKBO/BCE: BE 0465.289.105

ELEKTRO T.B. has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €160k and a net result of €16k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 43% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
66 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-11
Solvency65▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.67 in 2023; short-term debt: 46.9% and cash: 23.4% of total assets), and 59.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
61 d late
2022
39 d early
2021
8 d early
2020
58 d early
2019
51 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€160k▲ 11.1%
2023 · €144k
2018: €72k 2019: €87k 2020: €91k 2021: €91k 2022: €109k 2023: €144k
2018 → 2024
Total assets
€398k▲ 49.4%
2023 · €266k
2018: €168k 2019: €212k 2020: €205k 2021: €213k 2022: €250k 2023: €266k
2018 → 2024
Net result
€16k▼ 55.1%
2023 · €36k
2018: €-14k 2019: €15k 2020: €4k 2021: €597 2022: €17k 2023: €36k
2018 → 2024
Working capital
€51k▼ 8.8%
2023 · €56k
2018: €67k 2019: €77k 2020: €83k 2021: €80k 2022: €84k 2023: €56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€91k-€91k▲ 0.7%€109k▲ 19.0%€144k▲ 32.8%€160k▲ 11.1%
Operating result€8k-€4k▼ 51.0%€27k▲ 560%€54k▲ 99.1%€28k▼ 47.3%
Net result€4k-€597▼ 84.9%€17k▲ 2,806%€36k▲ 105%€16k▼ 55.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €8k€8kNet result 2020: €4k€4kOperating result 2021: €4k€4kNet result 2021: €597€597Operating result 2022: €27k€27kNet result 2022: €17k€17kOperating result 2023: €54k€54kNet result 2023: €36k€36kOperating result 2024: €28k€28kNet result 2024: €16k€16k20202021202220232024
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €398k
Fixed assets €160k▲ 26.3%
Current assets €238k▲ 70.3%
Equity and liabilities €398k
Equity €160k▲ 11.1%
Debt €237k▲ 94.7%
The debt ratio rises from 45.8% to 59.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€68k
2023 · €65k
Cash flow
€56k
2023 · €47k
Solvency
40.3%
2023 · 54.2%
Current ratio
1.27
2023 · 1.67
Quick ratio
1.19
2023 · 1.51
Debt / equity
1.48
2023 · 0.85
ROE
10.0%
2023 · 24.7%
ROA
4.0%
2023 · 13.4%
Interest coverage
18.66
2023 · 31.46
Debt
€237k
2023 · €122k
Debt ≤ 1 year
€186k
2023 · €83k
Debt > 1 year
€51k
2023 · €37k
Income taxes
€9k
2023 · €18k
Staff costs
€183k
2023 · €179k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€266k€398k
Fixed assets21/28€127k€160k
Tangible fixed assets22/27€127k€160k
Plant, machinery and equipment23€1k€783
Furniture and vehicles24€109k€145k
Other tangible fixed assets26€16k€14k
Current assets29/58€140k€238k
Stocks and contracts in progress3€14k€17k
Contracts in progress37€14k€17k
Amounts receivable within one year40/41€82k€121k
Trade receivables40€15k€77k
Other amounts receivable41€67k€44k
Cash at bank and in hand54/58€33k€93k
Deferred charges and accrued income490/1€11k€7k
Equity and liabilities
Total equity and liabilities10/49€266k€398k
Equity10/15€144k€160k
Contributions10/11€8k€8k=
Reserves13€42k€57k
Tax-exempt reserves132€7k€7k=
Distributable reserves133€35k€50k
Profit (loss) carried forward14€94k€95k
Amounts payable17/49€122k€237k
Amounts payable after more than one year17€37k€51k
Financial debts170/4€37k€51k
Amounts payable within one year42/48€83k€186k
Current portion of amounts payable after more than one year42€15k€16k
Trade debts44€42k€137k
Suppliers440/4€42k€137k
Taxes, remuneration and social security45€26k€34k
Taxes450/3€11k€13k
Remuneration and social security454/9€16k€20k
Accrued charges and deferred income492/3€2k-
Income statement Code20232024
Remuneration, social security and pensions62€179k€183k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€40k
Other operating charges640/8€4k€2k
Gross operating margin9900€247k€253k
Operating profit (loss)9901€54k€28k
Financial income75/76B€1k€93
Recurring financial income75€1k€93
Financial charges65/66B€2k€4k
Recurring financial charges65€2k€4k
Profit (loss) for the period before taxes9903€53k€25k
Income taxes67/77€18k€9k
Profit (loss) for the period9904€36k€16k
Profit (loss) for the period to be appropriated9905€36k€16k
Appropriation of the result
Profit (loss) to be appropriated9906€129k€110k
Profit (loss) brought forward from the previous period14P€93k€94k
Transfer to equity691/2€35k€15k
To other reserves6921€35k€15k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150kEq €160k ▲11.1%
6 profitable years in a row build equity to €160k.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Highest result since 2018net €36k ▲105%
Operating result €54k, net result €36k, both a record.
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €100kEq €109k ▲19%
4 profitable years in a row build equity to €109k.
23-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
03-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
10-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €15k
Net result €15k after one loss-making year.
07-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
09-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Kapellen · 2 establishment units since 2000
establishment All 2 establishment units on the map
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.

Starrenhoflaan 362950 Kapellen
Ground area
6,426 m²
Building footprint
690 m²
Volume, LiDAR
4,182 m³
2 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ELEKTRO T.B.
Starrenhoflaan 36, 2950 KapellenNACE 4521402
since 20002.099.413.956
Elektro T.B.
Grensstraat 131, 2950 KapellenCivil engineering
since 20182.282.260.540
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11023A0068/00X000 Flanders 3,622 m² 1 · 103 m² 10.0 m · 3 fl.
11023C0139/00N000 Flanders 2,804 m² 1 · 587 m² 8.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Dual-learning approval

7 live approvals
Datacommunicatie- en netwerkinstallaties duaal (so)
Goedgekeurd · 2026 to 2031
Elektrische installaties duaal (so)
Goedgekeurd · 2026 to 2031
Elektrotechnicus (vwo)
Goedgekeurd · 2026 to 2031
Elektrotechnicus duaal (so)
Goedgekeurd · 2026 to 2031
Elektrotechnisch installateur (vwo)
Goedgekeurd · 2026 to 2031
Installateur elektrotechnische basiscomponenten duaal (so)
Goedgekeurd · 2026 to 2031
Show 1 more
Technicus gebouwenautomatisering en energiemanagement duaal (so)
Goedgekeurd · 2026 to 2031

Similar companies · same sector, comparable size

Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,553 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-01-1999
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43331Floor and wall tiling
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.