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Eltrico

Active
Private limited companyfounded 1972active for 54 yearsKwikaard 110, 2980 Zoersel, BelgiumKBO/BCE: BE 0412.725.201
Summary

Eltrico has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €821,591 and a net result of €151,592. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 51% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-10-1972 Normal situation
Activity
Wholesale of electrical household appliances and audio-video equipment NACE 46431
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2025
Establishment unit
2.007.554.956 2980 Zoersel, since 01-11-1972
Financial year end
31 December
Peppol
Reachable since 01-10-2026

Board and ownership

Board
  • DB ELEKTRODirector · since 01-09-2024 · permanent representative Dave Buelens
Shareholders
  • GROEP BUELENS· score 8831-03-2026 annual accounts of GROEP BUELENS

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€217,212
▲ 413%
Turnover
≈ €1.1m
estimated
Profit
€151,592
▲ 359%
Equity
€821,591
▲ 22.6%
Total assets
€1.9m
▲ 85.1%
Score breakdownraises risk1 of the last 3 accounts lateLiquidity: current ratio 1.78, cash €116,402lowers riskSize: total assets €1.9mFounded in 1972Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 69-22
equity 43.7% of total assets
Liquidity 30-8
short-term debt 54.5% · cash 6.2%
Profitability 79+52
return on assets 8.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.8%▲ +0.5 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 0.4%▼ -0.5 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.2%▼ -0.2 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.78 (2.93 in 2024), above the usual 1.5. Short-term debt is 54.5% and cash 6.2% of total assets. However, 56.3% of the assets are financed with debt and provisions.
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 52% of them on solvency, 27% on liquidity, 70% on profitability and 77% 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1972
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.78, cash €116,402
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
18 days late
2023
34 days late
2022
30 days late
2021
45 days early
2020
40 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €33,011 to €151,592 ▲ 359% View
  • Positive: 2nd oldest company in Zoersel, Wholesale and retail trade sectorin the Checked rankings No. 2 View

Recent changes

  1. · Gazette deed 1 director appointed, 1 director resigningResignation: Dave Buelens (director) · Appointment: DB Elektro (director) · Permanent representative: Dave Buelens
  2. · Gazette deed Registered office moved from Deurne to ZoerselNew seat: Kwikaard 110 te 2980 Zoersel · Previous seat: Van Rossumstraat 12, 2100 Deurne · Resignation: Henri Van Bogaert (director)
  3. · Gazette deed Appointment: Henri Van Bogaert (director)
All 17 events

Comparable companies

These companies have the same main activity as Eltrico: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €825,000 and €2m, founded between 1953 and 1983.

CompanyTotal assetsGross margin
Eltrico Zoersel€1.9m€0.2m
Claro Kuurne€1.1m€0.1m
NIPACO Oudenaarde€2.0m€0.1m
VERBEKEN Drogenbos€2.0m€0.3m
Handels-en Nijverheidsinstellingen Philippe Mafrans en Zonen Leuven€1.0m€0.1m
Dialog C.P.S. Vilvoorde€1.7m€0.8m
VERDOOLAEGE Antwerpen€0.8m€0.3m
Full comparison

Key facts about Eltrico

What is the company number of Eltrico?
The company number of Eltrico is 0412.725.201. The VAT number is the same number with BE in front: BE 0412.725.201.
Where is Eltrico based?
The registered office is at Kwikaard 110, 2980 Zoersel.Company details
What does Eltrico 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 Eltrico?
The legal form of Eltrico is Private limited company (BV).
When was Eltrico founded?
Eltrico was founded on 27-10-1972.
Is Eltrico still active?
Yes, Eltrico is an active enterprise in the KBO register.
How many employees does Eltrico have?
Eltrico had an average of 1.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does Eltrico fall under?
In its 2025 annual accounts, Eltrico states joint committee 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
What is the turnover of Eltrico?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €217,212 and 103 comparable companies (NACE 46). It probably lies between €560,000 and €2.0m.
Is Eltrico profitable?
In financial year 2025, Eltrico made a profit of €151,592.
Where can I find the annual accounts of Eltrico?
Eltrico filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Eltrico due?
Eltrico must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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