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Elektro-Varia

Active
Private limited companyfounded 2018active for 8 yearsStedemolenstraat 33, 8700 Tielt, BelgiumKBO/BCE: BE 0688.517.777

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Elektro-Varia has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,628 and a net result of €13,745. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 41% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisFollow ReportCompare
Elektro-VariaActiveChecked score 65/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 16-01-2018 Normal situation
Legal form
Private limited company
Registered office
Stedemolenstraat 33, 8700 Tielt
Activity
General electrical installation work NACE 43211and 1 other
Establishment unit
2.273.300.413 8700 Tielt, since 23-02-2018
Financial year end
31 December
Peppol
Reachable since 22-09-2026
Company details

Who decides

Board
Board & ownership

How it is doing

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Gross margin
€52,793
▼ 21.3%
Turnover
≈ €190,000
estimated
Profit
€13,745
▲ 134%
Equity
€114,628
▲ 13.6%
Total assets
€299,120
▼ 3.6%
Staff
0.3 FTE
▼ 70.0%
2025 accounts 140 days early
Filed on 13-03-2026PDF
Financials
Why 65raises risk1 change of registered office in 24 monthsLiquidity: current ratio 1.78, cash €11,030Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 16-03-2026)Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 46% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 63+6
equity 38.3% of total assets
Liquidity 45+2
short-term debt 25.1% · cash 3.7%
Profitability 74+3
return on assets 4.6%
Bankruptcy probability, 12 months
1.1% 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% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.8%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 1.1%▼ -0.7 percentage points vs 04-2025lowest value 06-2025: 1.6%▲ +0.5 percentage points vs 05-2025 07-2025: 1.6%● unchanged vs 06-2025 08-2025: 1.6%● unchanged vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.5%▼ -0.1 percentage points vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.3%▼ -0.2 percentage points vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.1%▼ -0.2 percentage points vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.1%● unchanged vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.1%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.78, compared with 1.51 in 2024, above the usual 1.5; short-term debt: 25.1% and cash: 3.7% of total assets), but 61.7% 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 41% on solvency, 36% on liquidity, 48% on profitability and 60% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 16-03-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.78, cash €11,030
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 13-03-2026, 140 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
140 days early
2024
118 days early
2023
19 days early
2022
38 days early
2021
41 days early
2020
40 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 62 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 20 June (4 of the last 5 filed years within 77 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €13,745 8 years View

Documents

Annual accounts at the NBB

All 8 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Elektro-Varia

What is the company number of Elektro-Varia?
0688.517.777. In Belgium the VAT number is the company number with BE in front: BE 0688.517.777.
Where is Elektro-Varia based?
The registered office is at Stedemolenstraat 33, 8700 Tielt.Company details
What does Elektro-Varia do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Elektro-Varia?
Private limited company (BV).
When was Elektro-Varia founded?
On 16-01-2018.
Is Elektro-Varia still active?
Yes, Elektro-Varia is an active enterprise in the KBO register.
How many employees does Elektro-Varia have?
On average 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Elektro-Varia?
≈ €190,000 in financial year 2025. Estimated from the gross margin of €52,793: probably between €130,000 and €320,000, based on 42 comparable companies, NACE 43211.
Is Elektro-Varia profitable?
In financial year 2025, Elektro-Varia made a profit of €13,745.
Where can I find the annual accounts of Elektro-Varia?
Elektro-Varia filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Elektro-Varia due?
By 31-07-2027, for financial year 2026.Timeline

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