ElektroDB
ActiveThe computed 12-month bankruptcy probability of ElektroDB is 3.5% (moderate). The 2023 annual accounts show equity of €24k and a net result of €15k. Its solvency ranks better than 64% of 33689 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2023
100
/ 100
Excellent▲ +52 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability100=
Solvency98▲+66
Growth78
Stability94
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 2.49 against 0.8 in 2022), and 42.4% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
57.6%
Return on assets
35.6%
Age of the figures
32 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline14-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€24k▲ 161%
2022 · €9k
2022: €9k
2022 → 2023
Total assets
€42k▲ 11.8%
2022 · €37k
2022: €37k
2022 → 2023
Net result
€15k▲ 139%
2022 · €6k
2022: €6k
2022 → 2023
Working capital
€16k
2022 · €-6k
2022: €-6k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€9k-€24k▲ 161%
Operating result€9k-€22k▲ 144%
Net result€6k-€15k▲ 139%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2023; 2023 is 144% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €42k
Fixed assets
€15k▼ 2.0%
Current assets
€27k▲ 21.0%
Equity and liabilities €42k
Equity
€24k▲ 161%
Debt
€18k▼ 37.1%
The debt ratio falls from 75.3% to 42.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€27k▲
2022 · €12k
Cash flow
€20k▲
2022 · €9k
Solvency
57.6%▲
2022 · 24.7%
Current ratio
2.49▲
2022 · 0.80
Quick ratio
2.49▲
2022 · 0.80
Debt / equity
0.74▼
2022 · 3.05
ROE
61.7%▼
2022 · 67.5%
ROA
35.6%▲
2022 · 16.7%
Interest coverage
31.28▼
2022 · 86.57
Debt
€18k▼
2022 · €28k
Debt ≤ 1 year
€11k▼
2022 · €28k
Debt > 1 year
€7k
Income taxes
€6k▲
2022 · €2k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€37k€42k▲
Fixed assets21/28€15k€15k▼
Tangible fixed assets22/27€15k€15k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€12k€13k▲
Current assets29/58€23k€27k▲
Amounts receivable after more than one year29-€5k
Other amounts receivable291-€5k
Amounts receivable within one year40/41€17k€12k▼
Trade receivables40€17k€10k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€6k€10k▲
Equity and liabilities
Total equity and liabilities10/49€37k€42k▲
Equity10/15€9k€24k▲
Contributions10/11€3k€3k=
Reserves13€6k€21k▲
Distributable reserves133€6k€21k▲
Amounts payable17/49€28k€18k▼
Amounts payable after more than one year17-€7k
Financial debts170/4-€7k
Amounts payable within one year42/48€28k€11k▼
Trade debts44€22k€4k▼
Suppliers440/4€22k€4k▼
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Other amounts payable47/48€245€1k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€518€685▲
Gross operating margin9900€12k€27k▲
Operating profit (loss)9901€9k€22k▲
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€135€847▲
Recurring financial charges65€135€847▲
Profit (loss) for the period before taxes9903€9k€21k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€6k€15k▲
Profit (loss) for the period to be appropriated9905€6k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€15k▲
Transfer to equity691/2€6k€15k▲
To other reserves6921€6k€15k▲
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
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 2.49
Current ratio from 0.80 to 2.49; short-term debt falls from €28k to €11k.
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2022
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.
Martelaarslaan 739000 GentGround area
1,893 m²
Building footprint
1,008 m²
Volume, LiDAR
45,504 m³
Parcel 44816K0953/00A002, Flanders · tallest building 51.7 m, ±16 floors. Linked by address, not a title deed.
1 establishment unit
ElektroDB
since 20222.331.106.374
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0953/00A002 | Flanders | 1,893 m² | 1 · 1,008 m² | 51.7 m · 16 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 234 EUR awarded · 234 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 234 EUR |
| 2023 | 1 | 234 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 7,553 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-05-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.elektrodb.be
E-mail:giovanni@elektrodb.be