ELEKTROOGHE
ActiveSummary
The computed 12-month bankruptcy probability of ELEKTROOGHE is 2.0% (moderate). The 2025 annual accounts show equity of €124k and a net result of €62k. Equity is growing by ~67.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+9
Solvency76▼-1
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.56 in 2024; short-term debt: 30.7% and cash: 14.1% of total assets), and 49.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
50.6%
Return on assets
25.4%
Age of the figures
9 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 27-08-2026, 27 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 · 3 filingsDeviation from the deadline
2025
27 d late
2024
27 d early
2023
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€124k▲ 100%
2024 · €62k
2023: €41klowest in 3 years
2024: €62k▲ +53.0% vs 2023
2025: €124k▲ +100% vs 2024highest in 3 years
2023 → 2025
Total assets
€246k▲ 105%
2024 · €120k
2023: €99klowest in 3 years
2024: €120k▲ +21.6% vs 2023
2025: €246k▲ +105% vs 2024highest in 3 years
2023 → 2025
Net result
€62k▲ 190%
2024 · €21k
2023: €36k
2024: €21k▼ -39.6% vs 2023lowest in 3 years
2025: €62k▲ +190% vs 2024highest in 3 years
2023 → 2025
Working capital
€86k▲ 224%
2024 · €27k
2023: €10klowest in 3 years
2024: €27k▲ +153% vs 2023
2025: €86k▲ +224% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€41k-€62k▲ 53.0%€124k▲ 100%
2023: €41klowest in 3 years
2024: €62k▲ +53.0% vs 2023
2025: €124k▲ +100% vs 2024highest in 3 years
Operating result€55k-€34k▼ 37.9%€85k▲ 150%
2023: €55k
2024: €34k▼ -37.9% vs 2023lowest in 3 years
2025: €85k▲ +150% vs 2024highest in 3 years
Net result€36k-€21k▼ 39.6%€62k▲ 190%
2023: €36k
2024: €21k▼ -39.6% vs 2023lowest in 3 years
2025: €62k▲ +190% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 150% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €246k
Fixed assets
€84k ▲ 81.4%
Current assets
€161k ▲ 119%
Equity and liabilities €246k
Equity
€124k ▲ 100%
Debt
€122k ▲ 109%
Debt's share of the balance-sheet total rises from 48.4% to 49.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€104k▲
2024 · €49k
Cash flow
€81k▲
2024 · €36k
Current ratio
2.14▲
2024 · 1.56
Quick ratio
2.08▲
2024 · 1.54
Debt to equity
0.98▲
2024 · 0.94
ROE
50.1%▲
2024 · 34.6%
ROA
25.4%▲
2024 · 17.9%
Interest coverage
22.60▲
2024 · 12.18
Debt ≤ 1 year
€76k▲
2024 · €47k
Debt > 1 year
€45k▲
2024 · €10k
Income taxes
€22k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€120k€246k▲
Fixed assets21/28€47k€84k▲
Tangible fixed assets22/27€44k€82k▲
Land and buildings22-€47k
Plant, machinery and equipment23€15k€14k▼
Furniture and vehicles24€29k€20k▼
Financial fixed assets28€2k€2k=
Current assets29/58€74k€161k▲
Stocks and contracts in progress3€1k€5k▲
Stocks30/36€1k€5k▲
Amounts receivable within one year40/41€53k€78k▲
Trade receivables40€48k€67k▲
Other amounts receivable41€5k€10k▲
Cash at bank and in hand54/58€15k€35k▲
Deferred charges and accrued income490/1€4k€45k▲
Equity and liabilities
Total equity and liabilities10/49€120k€246k▲
Equity10/15€62k€124k▲
Contributions10/11€5k€5k=
Reserves13€57k€119k▲
Distributable reserves133€57k€119k▲
Amounts payable17/49€58k€122k▲
Amounts payable after more than one year17€10k€45k▲
Financial debts170/4€10k€45k▲
Amounts payable within one year42/48€47k€76k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Financial debts43€528€74▼
Credit institutions430/8€528€74▼
Trade debts44€16k€18k▲
Suppliers440/4€16k€18k▲
Taxes, remuneration and social security45€12k€36k▲
Taxes450/3€12k€33k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48€9k€11k▲
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€19k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€2k▼
Gross operating margin9900€50k€105k▲
Operating profit (loss)9901€34k€85k▲
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€31k€84k▲
Income taxes67/77€10k€22k▲
Profit (loss) for the period9904€21k€62k▲
Profit (loss) for the period to be appropriated9905€21k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€62k▲
Transfer to equity691/2€21k€62k▲
To other reserves6921€21k€62k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €15k | €19k | ▲ 27.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3k | €0 | - | - |
| Other operating charges640/8 | €8k | €2k | €2k | ▼ 8.1% |
| Gross operating margin9900 | €94k | €50k | €105k | ▲ 109% |
| Operating profit (loss)9901 | €55k | €34k | €85k | ▲ 150% |
| Financial income75/76B | €49 | €1k | €3k | ▲ 215% |
| Recurring financial income75 | €49 | €1k | €3k | ▲ 215% |
| Financial charges65/66B | €4k | €4k | €5k | ▲ 15.0% |
| Recurring financial charges65 | €4k | €4k | €5k | ▲ 15.0% |
| Profit (loss) for the period before taxes9903 | €51k | €31k | €84k | ▲ 170% |
| Income taxes67/77 | €15k | €10k | €22k | ▲ 125% |
| Profit (loss) for the period9904 | €36k | €21k | €62k | ▲ 190% |
| Profit (loss) for the period to be appropriated9905 | €36k | €21k | €62k | ▲ 190% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €99k | €120k | €246k | ▲ 105% |
| Fixed assets21/28 | €49k | €47k | €84k | ▲ 81.4% |
| Tangible fixed assets22/27 | €49k | €44k | €82k | ▲ 86.0% |
| Land and buildings22 | - | - | €47k | - |
| Plant, machinery and equipment23 | €13k | €15k | €14k | ▼ 4.3% |
| Furniture and vehicles24 | €36k | €29k | €20k | ▼ 30.2% |
| Financial fixed assets28 | - | €2k | €2k | = |
| Current assets29/58 | €50k | €74k | €161k | ▲ 119% |
| Stocks and contracts in progress3 | - | €1k | €5k | ▲ 278% |
| Stocks30/36 | - | €1k | €5k | ▲ 278% |
| Amounts receivable within one year40/41 | €22k | €53k | €78k | ▲ 46.2% |
| Trade receivables40 | €19k | €48k | €67k | ▲ 40.8% |
| Other amounts receivable41 | €3k | €5k | €10k | ▲ 93.6% |
| Cash at bank and in hand54/58 | €24k | €15k | €35k | ▲ 132% |
| Deferred charges and accrued income490/1 | €3k | €4k | €45k | ▲ 935% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €99k | €120k | €246k | ▲ 105% |
| Equity10/15 | €41k | €62k | €124k | ▲ 100% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Reserves13 | €36k | €57k | €119k | ▲ 109% |
| Distributable reserves133 | €36k | €57k | €119k | ▲ 109% |
| Amounts payable17/49 | €58k | €58k | €122k | ▲ 109% |
| Amounts payable after more than one year17 | €19k | €10k | €45k | ▲ 361% |
| Financial debts170/4 | €19k | €10k | €45k | ▲ 361% |
| Amounts payable within one year42/48 | €39k | €47k | €76k | ▲ 60.6% |
| Current portion of amounts payable after more than one year42 | €9k | €10k | €10k | ▲ 1.6% |
| Financial debts43 | - | €528 | €74 | ▼ 86.0% |
| Credit institutions430/8 | - | €528 | €74 | ▼ 86.0% |
| Trade debts44 | €805 | €16k | €18k | ▲ 13.0% |
| Suppliers440/4 | €805 | €16k | €18k | ▲ 13.0% |
| Taxes, remuneration and social security45 | €21k | €12k | €36k | ▲ 213% |
| Taxes450/3 | €21k | €12k | €33k | ▲ 183% |
| Remuneration and social security454/9 | - | - | €4k | - |
| Other amounts payable47/48 | €8k | €9k | €11k | ▲ 21.3% |
| Accrued charges and deferred income492/3 | - | €1k | €1k | ▼ 4.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €21k | €62k | ▲ 190% |
| + Depreciation and write-downs630 | €28k | €15k | €19k | ▲ 27.9% |
| Operating cash flow (approximation) | €63k | €36k | €81k | ▲ 124% |
| Investment in fixed assets (approximation) | - | €-12k | €-57k | ▼ 374% |
| Change in cash | - | €-9k | €20k | ▲ 307% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Highest result since 2023net €62k ▲190%
Operating result €85k, net result €62k, both a record.
31-12
Financial
Equity above €100kEq €124k ▲100%
3 profitable years in a row build equity to €124k.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €21k ▼39.6%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Wingene · 1 establishment unit since 2022
Ground area
1,650 m²
Building footprint
178 m²
Volume, LiDAR
632 m³
Parcel 37019C0403/00X000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ELEKTROOGHE
since 20222.328.686.324
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019C0403/00X000 | Flanders | 1,650 m² | 1 · 178 m² | 7.0 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 230 EUR awarded · 230 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 117 EUR | 117 EUR |
| 2024 | 1 | 113 EUR | 113 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,735 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
Founded23-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.