ELEKTRO VELZ
ActiveELEKTRO VELZ has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323k and a net result of €58k. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
96
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+7
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.16 against 2.72 in 2024), and 24.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.2%
Return on assets
13.4%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
25 d late
2024
26 d late
2023
19 d late
2022
53 d late
2021
30 d late
2020
26 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€58k▲ 32.6%
2024 · €43k
2018: €27k
2019: €33k
2020: €20k
2021: €11k
2022: €32k
2023: €106k
2024: €43k
2018 → 2025
Working capital
€230k▲ 28.6%
2024 · €179k
2018: €28k
2019: €58k
2020: €47k
2021: €34k
2022: €38k
2023: €134k
2024: €179k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€126k▲ 15.0%€222k▲ 75.7%€266k▲ 19.6%€323k▲ 21.7%
Operating result€14k-€44k▲ 224%€150k▲ 239%€68k▼ 54.5%€68k▼ 0.7%
Net result€11k-€32k▲ 193%€106k▲ 236%€43k▼ 58.9%€58k▲ 32.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €430k
Fixed assets
€94k▲ 5.7%
Current assets
€336k▲ 18.9%
Equity and liabilities €430k
Equity
€323k▲ 21.7%
Debt
€107k▲ 0.7%
The debt ratio falls from 28.5% to 24.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€86k▼
2024 · €87k
Cash flow
€76k▲
2024 · €63k
Solvency
75.2%▲
2024 · 71.5%
Current ratio
3.16▲
2024 · 2.72
Quick ratio
0.99▲
2024 · 0.86
Debt / equity
0.33▼
2024 · 0.40
ROE
17.8%▲
2024 · 16.4%
ROA
13.4%▲
2024 · 11.7%
Interest coverage
21.16▲
2024 · 14.48
Debt
€107k▲
2024 · €106k
Debt ≤ 1 year
€106k▲
2024 · €104k
Income taxes
€19k▼
2024 · €20k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€371k€430k▲
Fixed assets21/28€89k€94k▲
Tangible fixed assets22/27€89k€94k▲
Land and buildings22€50k€45k▼
Plant, machinery and equipment23€30k€26k▼
Furniture and vehicles24€9k€24k▲
Current assets29/58€283k€336k▲
Stocks and contracts in progress3€193k€231k▲
Stocks30/36€114k€118k▲
Contracts in progress37€79k€112k▲
Amounts receivable within one year40/41€78k€87k▲
Trade receivables40€70k€86k▲
Other amounts receivable41€8k€2k▼
Cash at bank and in hand54/58€10k€15k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€371k€430k▲
Equity10/15€266k€323k▲
Contributions10/11€19k€19k=
Reserves13€165k€165k=
Distributable reserves133€165k€165k=
Profit (loss) carried forward14€82k€140k▲
Amounts payable17/49€106k€107k▲
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€104k€106k▲
Current portion of amounts payable after more than one year42€8k€1k▼
Financial debts43€45k€48k▲
Credit institutions430/8€45k€48k▲
Trade debts44€24k€37k▲
Suppliers440/4€24k€37k▲
Taxes, remuneration and social security45€25k€20k▼
Taxes450/3€23k€17k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€338€334▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€23k€-23k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€111k€65k▼
Operating profit (loss)9901€68k€68k▼
Financial income75/76B€2k€13k▲
Recurring financial income75€2k€5k▲
Non-recurring financial income76B-€8k
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€64k€76k▲
Income taxes67/77€20k€19k▼
Profit (loss) for the period9904€43k€58k▲
Profit (loss) for the period to be appropriated9905€43k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€125k€140k▲
Profit (loss) brought forward from the previous period14P€82k€82k▲
Transfer to equity691/2€43k-
To other reserves6921€43k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 26 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
31-12
Financial
Highest result since 2018net €106k ▲236%
Operating result €150k, net result €106k, both a record.
31-12
Financial
Equity above €200kEq €222k ▲75.7%
6 profitable years in a row build equity to €222k.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 53 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €11k ▼46.6%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €110k ▲10.8%
4 profitable years in a row build equity to €110k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Büllingen · 1 establishment unit since 2017
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.
Mürringen,An den Weiden 184760 Büllingen1 establishment unit
Elektro Velz
since 20172.268.784.171
Recognitions · licences · registrations
Recognised contractor
2 categoriesELEKTRO VELZ SRL39786
Similar companies · same sector, comparable size
STOCKEYR ELECTRICITE
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ELECTRI.CITY
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TP ELEKTRO
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Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 7,404 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2017
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
46643Wholesale of electrical equipment, including installation materials
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filings
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.