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Elektro World

Active
Private limited companyfounded 2021active for 4 yearsScheirlinckxstraat 7, 2660 Antwerpen, BelgiumKBO/BCE: BE 0778.877.534
Summary

The computed 12-month bankruptcy probability of Elektro World is 8.4% (elevated). The 2024 annual accounts show negative equity (-€19,224) and a net result of €2,582. Equity is shrinking by about 33% per year across the filed financial years. Its solvency ranks better than 9% of 15,845 sector peers (NACE 46, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of electrical household appliances and audio-video equipment
NACE 46431
1 site
Size
€17,872total assets 2024
Equity
-€19,224
Profit
€2,582
Turnover not published (micro format)
Financial health
34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.4%
Structure
Accounts 70 days overdue1 of 3 deeds read
Why 34raises riskFigures for financial year 2024 (filed 03-11-2025)1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late1 change of registered office in 24 monthsFounded in 2021Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 41% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -107.6% of total assets
Liquidity 35-15
short-term debt 207.6% · cash 28.1%
Profitability 74+74
return on assets 14.4%
Bankruptcy probability, 12 months
8.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,867 companies, NACE 46, micro)
Last 24 months 11-2024: 2.8% 12-2024: 2.8%● unchanged vs 11-2024 01-2025: 2.8%● unchanged vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.7%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 2.7%● unchanged vs 03-2025lowest value 05-2025: 4.7%▲ +2.0 percentage points vs 04-2025 06-2025: 4.7%● unchanged vs 05-2025 07-2025: 4.7%● unchanged vs 06-2025 08-2025: 5.7%▲ +1.0 percentage point vs 07-2025 09-2025: 5.4%▼ -0.3 percentage points vs 08-2025 10-2025: 8.5%▲ +3.1 percentage points vs 09-2025 11-2025: 8.6%▲ +0.1 percentage points vs 10-2025highest value 12-2025: 3.3%▼ -5.3 percentage points vs 11-2025 01-2026: 3.3%● unchanged vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.4%▲ +0.1 percentage points vs 02-2026 04-2026: 3.9%▲ +0.5 percentage points vs 03-2026 05-2026: 4.3%▲ +0.4 percentage points vs 04-2026 06-2026: 4.5%▲ +0.2 percentage points vs 05-2026 07-2026: 4.5%● unchanged vs 06-2026 08-2026: 5.2%▲ +0.7 percentage points vs 07-2026 09-2026: 5.5%▲ +0.3 percentage points vs 08-2026 10-2026: 8.4%▲ +2.9 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.45, compared with 0.44 in 2023; short-term debt: 207.6% and cash: 28.1% of total assets), and equity is negative.
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 46, micro): better than 6% on solvency, 32% on liquidity, 60% on profitability and 67% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Six signals.
+raises risk
raises risk · Figures for financial year 2024 (filed 03-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Founded in 2021
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 15845 sector peers (2024).
NBB · sector comparison
Position among 15845 sector peers
Solvency
better than 9%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
92 days late
2023
61 days late
2022
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 81 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Uzun Mustafa (director)Shareholding
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €2,582

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€19,224 View
  • Caution: Among the weakest 9% on solvencysector median 39.4% · 15,845 companies -107.6% View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • New directorlatest change 13-07-2026 · 1 in office 1 joined View

By topic

Financials

Financial year
2024
Total assets
€17,872
Profit
€2,582
Solvency
-107.6%
Go to Financials

Timeline

Events
6
Since
2023
  1. 30-09-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 30-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of electrical household appliances and audio-video equipmentNACE 46431
Founded
21-12-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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