ELTEC-DEXIS
ActiveELTEC-DEXIS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.32M and a net result of €158k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 44% of 5988 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-11
Solvency62▲+5
Growth46▼-19
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.55 in 2023; short-term debt: 51.3% and cash: 10.8% of total assets), but 63.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2024Solvency, return and age of the figures
Solvency
36.8%
Return on assets
4.4%
Age of the figures
20 mo
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 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
12 d late
2022
27 d early
2021
51 d early
2020
89 d early
2019
52 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€9.00M▼ 10.4%
2023 · €10.04M
2018: €8.95M
2019: €8.76M
2020: €8.20M
2021: €8.81M
2022: €9.82M
2023: €10.04M
2018 → 2024
EBIT margin
3.2%▼ 3.7pp
2023 · 6.9%
2018: 8.3%
2019: 6.3%
2020: 2.6%
2021: 2.9%
2022: 8.3%
2023: 6.9%
2018 → 2024
Net result
€158k▼ 65.7%
2023 · €459k
2018: €458k
2019: €302k
2020: €93k
2021: €118k
2022: €541k
2023: €459k
2018 → 2024
Working capital
€1.01M▼ 14.6%
2023 · €1.19M
2018: €1.38M
2019: €1.62M
2020: €1.20M
2021: €1.23M
2022: €1.25M
2023: €1.19M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€8.20M-€8.81M▲ 7.4%€9.82M▲ 11.4%€10.04M▲ 2.3%€9.00M▼ 10.4%
Equity€1.22M-€1.23M=€1.23M▲ 0.1%€1.24M▲ 1.4%€1.32M▲ 6.0%
Operating result€216k-€253k▲ 17.1%€812k▲ 221%€697k▼ 14.1%€291k▼ 58.3%
Net result€93k-€118k▲ 26.3%€541k▲ 360%€459k▼ 15.2%€158k▼ 65.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.58M
Fixed assets
€733k▲ 22.2%
Current assets
€2.85M▼ 14.6%
Equity and liabilities €3.58M
Equity
€1.32M▲ 6.0%
Provisions
€6k▼ 46.6%
Debt
€2.26M▼ 15.8%
The debt ratio falls from 68.1% to 63.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€448k▼
2023 · €879k
Cash flow
€315k▼
2023 · €641k
Solvency
36.8%▲
2023 · 31.6%
Current ratio
1.55=
2023 · 1.55
Quick ratio
1.30▼
2023 · 1.35
Debt / equity
1.71▼
2023 · 2.16
ROE
12.0%▼
2023 · 36.9%
ROA
4.4%▼
2023 · 11.7%
Interest coverage
12.42▼
2023 · 23.69
Debt
€2.26M▼
2023 · €2.68M
Debt ≤ 1 year
€1.84M▼
2023 · €2.15M
Debt > 1 year
€359k▼
2023 · €481k
Income taxes
€87k▼
2023 · €190k
Staff costs
€2.35M▲
2023 · €2.15M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.93M€3.58M▼
Fixed assets21/28€599k€733k▲
Intangible fixed assets21-€146k
Tangible fixed assets22/27€599k€586k▼
Land and buildings22€329k€310k▼
Plant, machinery and equipment23€247k€244k▼
Furniture and vehicles24€23k€32k▲
Financial fixed assets28€80€80=
Other financial fixed assets284/8€80€80=
Amounts receivable and cash guarantees285/8€80€80=
Current assets29/58€3.33M€2.85M▼
Stocks and contracts in progress3€431k€461k▲
Stocks30/36€398k€437k▲
Goods purchased for resale34€398k€437k▲
Contracts in progress37€33k€25k▼
Amounts receivable within one year40/41€1.99M€1.99M=
Trade receivables40€1.98M€1.97M▼
Other amounts receivable41€16k€18k▲
Cash at bank and in hand54/58€896k€387k▼
Deferred charges and accrued income490/1€14k€6k▼
Equity and liabilities
Total equity and liabilities10/49€3.93M€3.58M▼
Equity10/15€1.24M€1.32M▲
Contributions10/11€19k€19k=
Reserves13€1.17M€1.25M▲
Tax-exempt reserves132€34k€18k▼
Distributable reserves133€1.14M€1.23M▲
Profit (loss) carried forward14€53k€53k=
Provisions and deferred taxes16€11k€6k▼
Deferred taxes168€11k€6k▼
Amounts payable17/49€2.68M€2.26M▼
Amounts payable after more than one year17€481k€359k▼
Financial debts170/4€481k€359k▼
Credit institutions173€481k€359k▼
Amounts payable within one year42/48€2.15M€1.84M▼
Current portion of amounts payable after more than one year42€116k€122k▲
Trade debts44€1.29M€1.37M▲
Suppliers440/4€1.29M€1.37M▲
Taxes, remuneration and social security45€314k€260k▼
Taxes450/3€137k€50k▼
Remuneration and social security454/9€176k€210k▲
Other amounts payable47/48€433k€83k▼
Accrued charges and deferred income492/3€50k€62k▲
Income statement
Code20232024
Operating income70/76A€10.20M€9.20M▼
Turnover70€10.04M€9.00M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-9k€-8k▲
Other operating income74€133k€198k▲
Non-recurring operating income76A€38k€11k▼
Operating charges60/66A€9.50M€8.91M▼
Goods for resale, raw materials and consumables60€5.52M€5.09M▼
Purchases600/8€5.51M€5.09M▼
Change in stocks: decrease (increase)609€2k€-3k▼
Services and other goods61€1.51M€1.30M▼
Remuneration, social security and pensions62€2.15M€2.35M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€182k€157k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€82k€-52k▼
Other operating charges640/8€60k€68k▲
Non-recurring operating charges66A-€1k
Operating profit (loss)9901€697k€291k▼
Financial income75/76B€2k€200▼
Recurring financial income75€2k€200▼
Other financial income752/9€2k€200▼
Financial charges65/66B€56k€52k▼
Recurring financial charges65€56k€52k▼
Debt charges650€37k€36k▼
Other financial charges652/9€19k€16k▼
Profit (loss) for the period before taxes9903€643k€239k▼
Transfer from deferred taxes780€5k€5k=
Income taxes67/77€190k€87k▼
Taxes670/3€190k€87k▼
Profit (loss) for the period9904€459k€158k▼
Transfer from tax-exempt reserves789€16k€16k=
Profit (loss) for the period to be appropriated9905€475k€173k▼
Appropriation of the result
Profit (loss) to be appropriated9906€528k€226k▼
Profit (loss) brought forward from the previous period14P€53k€53k=
Transfer to equity691/2€42k€91k▲
To other reserves6921€42k€91k▲
Profit to be distributed694/7€433k€83k▼
Return on contributions (dividend)694€433k€83k▼
Social balance
Average headcount (FTE)908733.633.7▲
The notes to these accounts (69 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €541k ▲360%
Operating result €812k, net result €541k, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €93k ▼69.2%
Net result drops to €93k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Genk · 1 establishment unit since 1994
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.
Troisdorflaan 53600 GenkGround area
9,965 m²
Building footprint
3,482 m²
Volume, LiDAR
20,280 m³
Parcel 71304D1238/00E012, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELTEC DEXIS
since 19942.065.632.123
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71304D1238/00E012 | Flanders | 9,965 m² | 1 · 3,482 m² | 7.5 m · 2 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
2022 to 2023 · 2 entries · 6,243 EUR awarded · 6,243 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 11 EUR | 11 EUR |
| 2022 | 1 | 6,232 EUR | 6,232 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 1,246 companies in sector 46643 we hold annual accounts for 954. 682 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-1993
Fiscal year end31-12
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
27110Manufacture of electrical equipment
33120Repair and maintenance of machinery
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.