Elektro-Varia
ActiveFrom 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 has been growing by about 15% per year since 2018. 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).
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
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- 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%
Score breakdownraises 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 on 16-03-2026)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41% of them 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. 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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Signals
The company filed its last 7 accounts on average 62 days before 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 (2)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 13-03-2026
- Annual accounts 2024filed on 04-04-2025
- Annual accounts 2023filed on 12-07-2024
- Annual accounts 2022filed on 23-06-2023
Acts in the Belgian Official Gazette
- Registered office · Resignations & appointmentsact of 20-05-2025
- Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsact of 25-01-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0688.517.777
Key facts about Elektro-Varia
- What is the company number of Elektro-Varia?
- The company number of Elektro-Varia is 0688.517.777. The VAT number is the same 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?
- The legal form of Elektro-Varia is Private limited company (BV).
- When was Elektro-Varia founded?
- Elektro-Varia was 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?
- Elektro-Varia had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Elektro-Varia?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €52,793 and 42 comparable companies (NACE 43211). It probably lies between €130,000 and €320,000.
- 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?
- Elektro-Varia must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as Elektro-Varia: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €266,000 and €363,000, founded between 2017 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| Elektro-Varia Tielt | €299,120 | €52,793 |
| VRB Techniek Menen | €287,289 | €67,306 |
| B&S ECOTECHNIEKEN Ieper | €362,894 | €58,519 |
| VW Industries Zoersel | €290,524 | €55,772 |
| SPELEC Chaumont-Gistoux | €266,124 | €54,186 |
| VERMAERCKE Lochristi | €287,680 | €45,084 |
| JEVACON Geraardsbergen | €325,879 | €60,348 |
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