ELGRO
ActiveSummary
ELGRO has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.4m and a net result of €268,780. Equity has been growing by about 2.8% per year since 2019. Its solvency ranks better than 82% of 410 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-03-2007 Normal situation
- Activity
- Wholesale of electrical household appliances and audio-video equipment NACE 46431and 2 others
- Joint committee
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 31-03-2026
- Establishment unit
- 2.160.913.639 3920 Lommel, since 01-04-2007
- Financial year end
- 31 March
- Peppol
- Reachable since 27-10-2025
Board and ownership
- VAN BOGGET BARTDirector · since 20-09-2023
- VAN BOGGET ROELDirector · since 20-09-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €673,613
- ▲ 12.0%
- Turnover
- ≈ €3.4m
- estimated
- Profit
- €268,780
- ▲ 17.8%
- Equity
- €1.4m
- ▼ 1.7%
- Total assets
- €1.8m
- ▼ 1.2%
- Employees on 31-03-2026
- 4
- =
Score breakdownlowers riskLiquidity: current ratio 4.15, cash €716,255Founded in 2007Equity €1.4m (77.3% of total assets)Figures for financial year 2026 (filed on 16-10-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 90% of them on solvency, 90% on liquidity, 82% on profitability and 36% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Purpose · Amendment of the articles · Legal-form change · Resignations & appointments · Miscellaneous
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as ELGRO: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €1.2m and €3m, founded between 2004 and 2007.
| Company | Total assets | Gross margin |
|---|---|---|
| ELGRO Lommel | €1.8m | €0.7m |
| FORTYEIGHT La Bruyère | €2.4m | €0.7m |
| EXTRIM Herstal | €3.0m | €0.7m |
| T & D SMART Kortrijk | €2.2m | €0.3m |
| AUDIOSENSE Evere | €2.0m | €0.6m |
| DELTACAST Ans | €2.4m | €0.6m |
| DELTAVOX PROJECTS Brugge | €1.2m | €0.4m |
Key facts about ELGRO
- What is the company number of ELGRO?
- The company number of ELGRO is 0887.609.881. The VAT number is the same number with BE in front: BE 0887.609.881.
- Where is ELGRO based?
- The registered office is at Norbert Neeckxlaan 103, 3920 Lommel.Company details
- What does ELGRO do?
- According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
- What is the legal form of ELGRO?
- The legal form of ELGRO is Private limited company (BV).
- When was ELGRO founded?
- ELGRO was founded on 01-03-2007.
- Is ELGRO still active?
- Yes, ELGRO is an active enterprise in the KBO register.
- How many employees does ELGRO have?
- ELGRO had an average of 4.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does ELGRO fall under?
- In its 31-03-2026 annual accounts, ELGRO states joint committee 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
- What is the turnover of ELGRO?
- The turnover in financial year 2026 is ≈ €3.4m. This figure is estimated from the gross margin of €673,613 and 35 comparable companies (NACE 464). It probably lies between €2.3m and €4.8m.
- Is ELGRO profitable?
- In financial year 2026, ELGRO made a profit of €268,780.
- Where can I find the annual accounts of ELGRO?
- ELGRO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of ELGRO due?
- ELGRO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.