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ELEKTRO VAN DE SANDE

Active
Public limited companyfounded 1987active for 38 yearsBampslaan 2, 3500 Hasselt, BelgiumKBO/BCE: BE 0432.657.414
Summary

ELEKTRO VAN DE SANDE has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €504,990 and a net result of €1,977. Equity has been growing by about 2.9% per year since 2018. Its solvency ranks better than 62% of 7,408 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 10-12-1987 Normal situation
Activity
General electrical installation work NACE 43211
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2024
Establishment unit
2.031.979.853 3500 Hasselt, since 17-12-1987
Financial year end
31 December
Peppol
Reachable since 07-10-2025

Financial position

55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2024
Gross margin
€244,978
▲ 14.8%
Turnover
≈ €700,000
estimated
Profit
€1,977
Equity
€504,990
▲ 0.4%
Total assets
€949,794
▲ 0.9%
Employees on 31-12-2024
3
▼ 25.0%
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 09-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 69 days late; 3 of the last 3 accounts latelowers riskFounded in 1987Equity €504,990 (53.2% of total assets)Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 41% of micro companies in specialised construction (NACE 43)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 78=
equity 53.2% of total assets
Liquidity 52+12
short-term debt 33.6% · cash 13.1%
Profitability 52+12
return on assets 0.2%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.7%▲ +0.1 percentage points vs 01-2025 03-2025: 0.6%▼ -0.1 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.5%▼ -0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▲ +0.3 percentage points vs 09-2025highest value 11-2025: 0.2%▼ -1.0 percentage point vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.6%▲ +0.2 percentage points vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.5 (2.72 in 2023), above the usual 1.5. Short-term debt is 33.6% and cash 13.1% of total assets. 46.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 58% of them on solvency, 46% on liquidity, 25% on profitability and 36% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 09-10-2025)
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 69 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Equity €504,990 (53.2% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 69 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
69 days late
2023
97 days late
2022
61 days late
2021
61 days late
2020
on the day
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 57 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Permanent representative: GIJBELS Raymonde Emelie André Jozefa
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as ELEKTRO VAN DE SANDE: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €901,000 and €1.2m, founded between 1970 and 1993.

CompanyTotal assetsGross margin
ELEKTRO VAN DE SANDE Hasselt€0.9m€0.2m
FLOW TECHNICS Knokke-Heist€1.0m€0.3m
STROUVEN Geetbets€0.9m€0.3m
ELECTRICITEITSWERKEN DRIESEN Rijkevorsel€1.0m€0.3m
VERHEYDEN ELEKTRICITEITSWERKEN Kinrooi€1.1m€0.3m
ROGER VROLIX, ELEKTRISCHE VERWARMING Genk€1.2m€0.3m
Artinar Nieuwerkerken (Limb.)€1.0m€0.3m
Full comparison

Key facts about ELEKTRO VAN DE SANDE

What is the company number of ELEKTRO VAN DE SANDE?
The company number of ELEKTRO VAN DE SANDE is 0432.657.414. The VAT number is the same number with BE in front: BE 0432.657.414.
Where is ELEKTRO VAN DE SANDE based?
The registered office is at Bampslaan 2, 3500 Hasselt.Company details
What does ELEKTRO VAN DE SANDE do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ELEKTRO VAN DE SANDE?
The legal form of ELEKTRO VAN DE SANDE is Public limited company (NV).
When was ELEKTRO VAN DE SANDE founded?
ELEKTRO VAN DE SANDE was founded on 10-12-1987.
Is ELEKTRO VAN DE SANDE still active?
Yes, ELEKTRO VAN DE SANDE is an active enterprise in the KBO register.
How many employees does ELEKTRO VAN DE SANDE have?
ELEKTRO VAN DE SANDE had an average of 3.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does ELEKTRO VAN DE SANDE fall under?
In its 2024 annual accounts, ELEKTRO VAN DE SANDE states joint committee 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
What is the turnover of ELEKTRO VAN DE SANDE?
The turnover in financial year 2024 is ≈ €700,000. This figure is estimated from the gross margin of €244,978 and 56 comparable companies (NACE 43211). It probably lies between €520,000 and €860,000.
Is ELEKTRO VAN DE SANDE profitable?
In financial year 2024, ELEKTRO VAN DE SANDE made a profit of €1,977.
Where can I find the annual accounts of ELEKTRO VAN DE SANDE?
ELEKTRO VAN DE SANDE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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