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ELETRA

Active
Private limited companyfounded 201610 yrs activeJohn-Cockerill-Straße 13, 4780 Sankt Vith, BelgiumKBO/BCE: BE 0662.730.724
Summary

The computed 12-month bankruptcy probability of ELETRA is 1.9% (moderate). The 2024 annual accounts show equity of €147,810 and a net result of -€3,451. Equity is growing by ~30.9% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability55▼-35
Solvency91▲+5
Growth42▼-19
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 3.09 against 2.56 in 2023; short-term debt: 27.5% and cash: 1.9% of total assets), and 34.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
65.8%
Return on assets
-1.5%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 16-07-2025, 15 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
15 d early
2023
35 d early
2022
35 d early
2021
16 d late
2020
37 d early
2019
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 18 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

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

History

ELETRA was incorporated on 19 September 2016.1 Revenue fell from EUR 472,437 in 2018 to EUR 379,151 in 2024 and headcount from 3 to 2.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, unclassified schema

Turnover
€379,151▼ 14.5%
2023 · €443,369
EBIT margin
-0.4%▼ 14.8pp
2023 · 14.4%
Net result
-€3,451
2023 · €40,936
Working capital
€129,319▲ 3.2%
2023 · €125,327
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
Turnover€379,267▼ 15.4%€483,913▲ 27.6%€495,923▲ 2.5%€443,369▼ 10.6%€379,151▼ 14.5%
Operating result€1,536▼ 75.1%€50,120▲ 3,163%€56,074▲ 11.9%€63,772▲ 13.7%-€1,675
Net result-€616€35,628€36,110▲ 1.4%€40,936▲ 13.4%-€3,451
EBIT margin0.4%▼ 1.0pp10.4%▲ 10.0pp11.3%▲ 0.9pp14.4%▲ 3.1pp-0.4%▼ 14.8pp
Equity€38,587▼ 1.6%€74,215▲ 92.3%€110,325▲ 48.7%€151,261▲ 37.1%€147,810▼ 2.3%
Total assets€156,377▼ 33.8%€210,412▲ 34.6%€334,436▲ 58.9%€246,998▼ 26.1%€224,795▼ 9.0%
Debt€117,790▼ 40.2%€136,198▲ 15.6%€224,111▲ 64.5%€95,736▼ 57.3%€76,985▼ 19.6%
Working capital€51,665▼ 11.7%€98,810▲ 91.3%€101,187▲ 2.4%€125,327▲ 23.9%€129,319▲ 3.2%
Staff (FTE)3=3.1▲ 3.3%2.9▼ 6.5%3▲ 3.4%2.5▼ 16.7%
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2020: €1,536€1,536Net result 2020: -€616-€616Operating result 2021: €50,120€50,120Net result 2021: €35,628€35,628Operating result 2022: €56,074€56,074Net result 2022: €36,110€36,110Operating result 2023: €63,772€63,772Net result 2023: €40,936€40,936Operating result 2024: -€1,675-€1,675Net result 2024: -€3,451-€3,45120202021202220232024-€20,000€0€20,000€40,000€60,000Operating result 2022: €56,074€56,100Net result 2022: €36,110€36,100Operating result 2023: €63,772€63,800Net result 2023: €40,936€40,900Operating result 2024: -€1,675-€1,670Net result 2024: -€3,451-€3,450202220232024
The operating result turns negative in 2024: a loss of €1,675 after €63,772 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €224,795
Fixed assets €33,688 ▼ 18.1%
Current assets €191,107 ▼ 7.2%
Equity and liabilities €224,795
Equity €147,810 ▼ 2.3%
Debt €76,985 ▼ 19.6%
Debt's share of the balance-sheet total falls from 38.8% to 34.2%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€11,826▼
2023 · €77,957
Cash flow
€10,050▼
2023 · €55,121
Current ratio
3.09▲
2023 · 2.56
Debt to equity
0.52▼
2023 · 0.63
ROE
-2.3%▼
2023 · 27.1%
ROA
-1.5%▼
2023 · 16.6%
Interest coverage
9.82▼
2023 · 26.07
Debt ≤ 1 year
€61,788▼
2023 · €80,539
Debt > 1 year
€15,197=
2023 · €15,197
Income taxes
€572▼
2023 · €20,496
Staff costs
€117,136▼
2023 · €126,088
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,915 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€246,998€224,795▼
Formation expenses20€0€0=
Fixed assets21/28€41,131€33,688▼
Tangible fixed assets22/27€41,131€27,630▼
Plant, machinery and equipment23€113€0▼
Furniture and vehicles24€41,018€27,630▼
Financial fixed assets28-€6,058
Current assets29/58€205,866€191,107▼
Amounts receivable after more than one year29€9,250-
Other amounts receivable291€9,250-
Amounts receivable within one year40/41€188,545€186,872▼
Trade receivables40€183,238€181,564▼
Other amounts receivable41€5,307€5,307=
Cash at bank and in hand54/58€8,071€4,235▼
Equity and liabilities
Total equity and liabilities10/49€246,998€224,795▼
Equity10/15€151,261€147,810▼
Contributions10/11€20,000€20,000=
Reserves13€90,325€131,261▲
Non-distributable reserves130/1€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000=
Distributable reserves133€88,325€129,261▲
Profit (loss) carried forward14€40,936-€3,451▼
Amounts payable17/49€95,736€76,985▼
Amounts payable after more than one year17€15,197€15,197=
Financial debts170/4€15,197€15,197=
Amounts payable within one year42/48€80,539€61,788▼
Trade debts44€47,284€53,025▲
Suppliers440/4€47,284€53,025▲
Taxes, remuneration and social security45€33,255€8,763▼
Taxes450/3€30,599€6,672▼
Remuneration and social security454/9€2,656€2,091▼
Income statement Code20232024
Turnover70€443,369€379,151▼
Goods, raw materials, services and sundry goods60/61€212,262€225,519▲
Remuneration, social security and pensions62€126,088€117,136▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,185€13,501▼
Other operating charges640/8€39,850€36,459▼
Non-recurring operating charges66A€94€0▼
Gross operating margin9900€243,989€165,422▼
Operating profit (loss)9901€63,772-€1,675▼
Financial income75/76B€651-
Recurring financial income75€651-
Financial charges65/66B€2,991€1,204▼
Recurring financial charges65€2,991€1,204▼
Profit (loss) for the period before taxes9903€61,432-€2,879▼
Income taxes67/77€20,496€572▼
Profit (loss) for the period9904€40,936-€3,451▼
Profit (loss) for the period to be appropriated9905€40,936-€3,451▼
Appropriation of the result
Profit (loss) to be appropriated9906€77,047€37,485▼
Profit (loss) brought forward from the previous period14P€36,110€40,936▲
Transfer to equity691/2€36,110€40,936▲
To other reserves6921€36,110€40,936▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€379,267€483,913€495,923€443,369€379,151▼ 14.5%
Non-recurring operating income76A-€18,469----
Goods, raw materials, services and sundry goods60/61-€318,416€294,949€212,262€225,519▲ 6.2%
Remuneration, social security and pensions62-€107,621€109,625€126,088€117,136▼ 7.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,761€7,943€10,209€14,185€13,501▼ 4.8%
Other operating charges640/8-€33,138€31,878€39,850€36,459▼ 8.5%
Non-recurring operating charges66A-€13,024-€94€0▼ 99.9%
Gross operating margin9900€138,577€211,847€207,787€243,989€165,422▼ 32.2%
Operating profit (loss)9901€1,536€50,120€56,074€63,772-€1,675▼ 103%
Financial income75/76B-€0€12€651--
Recurring financial income75€0€0€12€651--
Financial charges65/66B-€1,960€6,572€2,991€1,204▼ 59.7%
Recurring financial charges65€2,153€1,960€6,572€2,991€1,204▼ 59.7%
Profit (loss) for the period before taxes9903-€616€48,161€49,515€61,432-€2,879▼ 105%
Income taxes67/77-€12,533€13,404€20,496€572▼ 97.2%
Profit (loss) for the period9904-€616€35,628€36,110€40,936-€3,451▼ 108%
Profit (loss) for the period to be appropriated9905-€616€35,628€36,110€40,936-€3,451▼ 108%
Line20202021202220232024Change
Assets
Total assets20/58€156,377€210,412€334,436€246,998€224,795▼ 9.0%
Formation expenses20€472€0€0€0€0-
Fixed assets21/28€16,450€19,416€53,149€41,131€33,688▼ 18.1%
Tangible fixed assets22/27€16,450€19,416€53,149€41,131€27,630▼ 32.8%
Plant, machinery and equipment23-€1,015€564€113€0▼ 100%
Furniture and vehicles24-€18,401€52,585€41,018€27,630▼ 32.6%
Financial fixed assets28----€6,058-
Current assets29/58€139,455€190,996€281,287€205,866€191,107▼ 7.2%
Amounts receivable after more than one year29--€12,000€9,250--
Other amounts receivable291--€12,000€9,250--
Amounts receivable within one year40/41€129,824€187,492€264,580€188,545€186,872▼ 0.9%
Trade receivables40-€182,184€259,272€183,238€181,564▼ 0.9%
Other amounts receivable41-€5,307€5,307€5,307€5,307=
Cash at bank and in hand54/58€8,130€3,504€4,707€8,071€4,235▼ 47.5%
Equity and liabilities
Total equity and liabilities10/49€156,377€210,412€334,436€246,998€224,795▼ 9.0%
Equity10/15€38,587€74,215€110,325€151,261€147,810▼ 2.3%
Contributions10/11-€20,000€20,000€20,000€20,000=
Reserves13€19,203€19,203€54,215€90,325€131,261▲ 45.3%
Non-distributable reserves130/1-€2,000€2,000€2,000€2,000=
Reserves not available under the articles1311-€2,000€2,000€2,000€2,000=
Distributable reserves133-€17,203€52,215€88,325€129,261▲ 46.3%
Profit (loss) carried forward14-€616€35,012€36,110€40,936-€3,451▼ 108%
Amounts payable17/49€117,790€136,198€224,111€95,736€76,985▼ 19.6%
Amounts payable after more than one year17€30,000€44,011€44,011€15,197€15,197=
Financial debts170/4-€44,011€44,011€15,197€15,197=
Amounts payable within one year42/48€87,790€92,186€180,099€80,539€61,788▼ 23.3%
Trade debts44€63,469€73,179€136,323€47,284€53,025▲ 12.1%
Suppliers440/4-€73,179€136,323€47,284€53,025▲ 12.1%
Taxes, remuneration and social security45-€19,007€43,777€33,255€8,763▼ 73.6%
Taxes450/3-€17,870€43,649€30,599€6,672▼ 78.2%
Remuneration and social security454/9-€1,137€128€2,656€2,091▼ 21.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€616€35,628€36,110€40,936-€3,451▼ 108%
+ Depreciation and write-downs630€5,761€7,943€10,209€14,185€13,501▼ 4.8%
Operating cash flow (approximation)€5,145€43,571€46,319€55,121€10,050▼ 81.8%
Investment in fixed assets (approximation)--€10,909-€43,942-€2,167-€6,058▼ 180%
Change in cash--€4,626€1,203€3,364-€3,836▼ 214%

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
16-07
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial Weakest financial yearnet -€3,451
Net result drops to -€3,451, the lowest in the series.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial Highest result since 2018net €40,936 ▲13.4%
Operating result €63,772, net result €40,936, both a record.
31-12
Financial Equity above €150,000Eq €151,261 ▲37.1%
3 profitable years in a row build equity to €151,261.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema
2022
31-12
Financial Equity above €100,000Eq €110,325 ▲48.7%
2 profitable years in a row build equity to €110,325.
16-08
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema · 16 days late
2021
31-12
Financial Back to profitnet €35,628
Net result €35,628 after one loss-making year.
24-06
NBB filing Annual accounts filed
fiscal year 2020 · unclassified schema
2020
28-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Sankt Vith · 1 establishment unit since 2016
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.

John-Cockerill-Straße 134780 Sankt Vith
1 establishment unit
ELETRA
John-Cockerill-Straße 13, 4780 Sankt VithFreight transport by road
since 20162.256.930.969

Structure & network

Owners and holdings

1 owner

Chain of control

  1. FICOS 100%
  2. ELETRA

Highest known parent: FICOS. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 6,366 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
Founded19-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Contact
E-mail info@eletra.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0662730724
Also 9925:BE0662730724
Registered 20-11-2020

Register as of 27 September 2026 · Peppol Directory

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