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ELEKTROKON

Active
Private limited companyfounded 200026 yrs activeStreepstraat(MRH) 1, 2200 Herentals, BelgiumKBO/BCE: BE 0472.755.729
Summary

ELEKTROKON has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €217k and a net result of €12k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 9624 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability72▼-2
Solvency74▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 2.49 in 2023; short-term debt: 29.3% and cash: 8.5% of total assets), but 50.8% of the assets are financed with debt.
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Signals

Three 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
59 d early
2023
23 d late
2022
39 d early
2021
99 d late
2020
24 d late
2019
185 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€217k▲ 6.0%
2023 · €205k
Total assets
€441k▲ 2.2%
2023 · €431k
Net result
€12k▼ 35.1%
2023 · €19k
Working capital
€177k▲ 5.1%
2023 · €168k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€28k▲ 131%€32k▲ 12.1%€14k▼ 57.0%€25k▲ 80.8%€14k▼ 42.6%
Net result€25k▲ 328%€24k▼ 2.5%€12k▼ 52.2%€19k▲ 63.8%€12k▼ 35.1%
Equity€150k▲ 19.9%€174k▲ 16.2%€186k▲ 6.7%€205k▲ 10.2%€217k▲ 6.0%
Total assets€410k▼ 1.7%€448k▲ 9.4%€435k▼ 3.0%€431k▼ 0.8%€441k▲ 2.2%
Debt€209k▼ 13.4%€223k▲ 6.8%€198k▼ 11.3%€175k▼ 11.4%€172k▼ 1.5%
Working capital€179k▲ 3.5%€176k▼ 1.7%€174k▼ 1.6%€168k▼ 3.0%€177k▲ 5.1%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2020: €28k€28kNet result 2020: €25k€25kOperating result 2021: €32k€32kNet result 2021: €24k€24kOperating result 2022: €14k€14kNet result 2022: €12k€12kOperating result 2023: €25k€25kNet result 2023: €19k€19kOperating result 2024: €14k€14kNet result 2024: €12k€12k20202021202220232024€0€10k€20kOperating result 2022: €14k€14kNet result 2022: €12k€12kOperating result 2023: €25k€25kNet result 2023: €19k€19kOperating result 2024: €14k€14kNet result 2024: €12k€12k202220232024
The operating result falls in 2024; 2024 is 43% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €441k
Fixed assets €135k ▼ 10.3%
Current assets €306k ▲ 8.9%
Equity and liabilities €441k
Equity €217k ▲ 6.0%
Provisions €52k =
Debt €172k ▼ 1.5%
Debt's share of the balance-sheet total falls from 40.6% to 39.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€30k▼
2023 · €38k
Cash flow
€28k▼
2023 · €32k
Current ratio
2.37▼
2023 · 2.49
Quick ratio
2.16▼
2023 · 2.27
Debt to equity
0.79▼
2023 · 0.86
ROE
5.7%▼
2023 · 9.3%
ROA
2.8%▼
2023 · 4.4%
Interest coverage
8.79▼
2023 · 10.01
Debt ≤ 1 year
€129k▲
2023 · €113k
Debt > 1 year
€43k▼
2023 · €62k
Income taxes
€7k▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€431k€441k▲
Fixed assets21/28€150k€135k▼
Tangible fixed assets22/27€150k€135k▼
Land and buildings22€129k€120k▼
Furniture and vehicles24€21k€15k▼
Financial fixed assets28€100€100=
Current assets29/58€281k€306k▲
Amounts receivable after more than one year29€97k€97k=
Other amounts receivable291€97k€97k=
Stocks and contracts in progress3€26k€27k▲
Stocks30/36€26k€27k▲
Amounts receivable within one year40/41€146k€143k▼
Trade receivables40€4k€28k▲
Other amounts receivable41€143k€115k▼
Cash at bank and in hand54/58€10k€37k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€431k€441k▲
Equity10/15€205k€217k▲
Contributions10/11€12k€12k=
Reserves13€192k€205k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€190k€205k▲
Provisions and deferred taxes16€52k€52k=
Provisions for liabilities and charges160/5€52k€52k=
Pensions and similar obligations160€52k€52k=
Amounts payable17/49€175k€172k▼
Amounts payable after more than one year17€62k€43k▼
Financial debts170/4€62k€43k▼
Amounts payable within one year42/48€113k€129k▲
Current portion of amounts payable after more than one year42€19k€19k▲
Trade debts44€78k€72k▼
Suppliers440/4€78k€72k▼
Taxes, remuneration and social security45€16k€38k▲
Taxes450/3€16k€38k▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€42k€34k▼
Operating profit (loss)9901€25k€14k▼
Financial income75/76B€7k€9k▲
Recurring financial income75€7k€9k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€28k€19k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€19k€12k▼
Profit (loss) for the period to be appropriated9905€19k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€12k▼
Transfer to equity691/2€19k€12k▼
To other reserves6921€19k€12k▼
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€0----
Remuneration, social security and pensions62-€221----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€11k€7k€13k€15k▲ 18.5%
Other operating charges640/8-€4k€3k€4k€5k▲ 10.0%
Gross operating margin9900€47k€46k€24k€42k€34k▼ 18.4%
Operating profit (loss)9901€28k€32k€14k€25k€14k▼ 42.6%
Financial income75/76B-€5k€11k€7k€9k▲ 21.2%
Recurring financial income75€10k€5k€11k€7k€9k▲ 21.2%
Financial charges65/66B-€4k€7k€4k€3k▼ 10.6%
Recurring financial charges65€5k€4k€7k€4k€3k▼ 10.6%
Profit (loss) for the period before taxes9903€33k€33k€18k€28k€19k▼ 30.6%
Income taxes67/77€8k€8k€6k€9k€7k▼ 21.2%
Profit (loss) for the period9904€25k€24k€12k€19k€12k▼ 35.1%
Profit (loss) for the period to be appropriated9905€25k€24k€12k€19k€12k▼ 35.1%
Line20202021202220232024Change
Assets
Total assets20/58€410k€448k€435k€431k€441k▲ 2.2%
Fixed assets21/28€148k€151k€145k€150k€135k▼ 10.3%
Tangible fixed assets22/27€148k€151k€145k€150k€135k▼ 10.3%
Land and buildings22-€145k€140k€129k€120k▼ 7.4%
Furniture and vehicles24-€7k€4k€21k€15k▼ 27.7%
Financial fixed assets28€100€100€100€100€100=
Current assets29/58€262k€297k€290k€281k€306k▲ 8.9%
Amounts receivable after more than one year29-€97k€97k€97k€97k=
Other amounts receivable291-€97k€97k€97k€97k=
Stocks and contracts in progress3€76k€49k€28k€26k€27k▲ 7.1%
Stocks30/36-€49k€28k€26k€27k▲ 7.1%
Amounts receivable within one year40/41€66k€108k€149k€146k€143k▼ 2.7%
Trade receivables40-€7k€7k€4k€28k▲ 643%
Other amounts receivable41-€102k€141k€143k€115k▼ 19.5%
Cash at bank and in hand54/58€21k€41k€14k€10k€37k▲ 277%
Deferred charges and accrued income490/1-€2k€3k€3k€2k▼ 11.2%
Equity and liabilities
Total equity and liabilities10/49€410k€448k€435k€431k€441k▲ 2.2%
Equity10/15€150k€174k€186k€205k€217k▲ 6.0%
Contributions10/11-€12k€12k€12k€12k=
Reserves13€137k€162k€173k€192k€205k▲ 6.4%
Non-distributable reserves130/1-€2k€2k€2k€0▼ 100%
Reserves not available under the articles1311-€2k€2k€2k€0▼ 100%
Distributable reserves133-€160k€171k€190k€205k▲ 7.5%
Profit (loss) carried forward14€105k-----
Provisions and deferred taxes16€52k€52k€52k€52k€52k=
Provisions for liabilities and charges160/5-€52k€52k€52k€52k=
Pensions and similar obligations160-€52k€52k€52k€52k=
Amounts payable17/49€209k€223k€198k€175k€172k▼ 1.5%
Amounts payable after more than one year17€126k€102k€81k€62k€43k▼ 31.0%
Financial debts170/4-€102k€81k€62k€43k▼ 31.0%
Amounts payable within one year42/48€83k€121k€116k€113k€129k▲ 14.7%
Current portion of amounts payable after more than one year42-€24k€21k€19k€19k▲ 1.8%
Trade debts44€22k€78k€75k€78k€72k▼ 7.7%
Suppliers440/4-€78k€75k€78k€72k▼ 7.7%
Taxes, remuneration and social security45-€19k€20k€16k€38k▲ 144%
Taxes450/3-€19k€20k€16k€38k▲ 144%
Line20202021202220232024Change
Profit (loss) for the period9904€25k€24k€12k€19k€12k▼ 35.1%
+ Depreciation and write-downs630€6k€11k€7k€13k€15k▲ 18.5%
Operating cash flow (approximation)€31k€35k€18k€32k€28k▼ 13.3%
Investment in fixed assets (approximation)-€-14k€0€-18k€0▲ 100%
Change in cash-€20k€-27k€-4k€28k▲ 744%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial Equity above €200kEq €205k ▲10.2%
6 profitable years in a row build equity to €205k.
22-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 99 days late
2021
31-12
Financial Equity above €150kEq €174k ▲16.2%
4 profitable years in a row build equity to €174k.
24-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
01-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 185 days late
2020
31-12
Financial Highest result since 2018net €25k ▲328%
Net result €25k, the highest in the series.
21-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 265 days late
2019
31-12
Financial Weakest financial yearnet €6k ▼68.2%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
05-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 127 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Herentals · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
919 m²
Building footprint
507 m²
Volume, LiDAR
2,227 m³
Parcel 13026A0293/00V004, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Streepstraat(MRH) 1, 2200 Herentals
NACE 51476
since 20002.099.947.060
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13026A0293/00V004 Flanders 919 m² 1 · 506 m² 8.5 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,102 companies in sector 47640 we hold annual accounts for 907. 703 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-09-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47640Retail sale of games and toys
47639Retail sale of other sporting goods
77110Renting and leasing of cars and light motor vehicles

Scores and ratios are computed by Checked and are not a credit decision.