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ELECTRICITY MECHANICS PNEUMATICS

Active Public limited companyfounded 1985active for 41 yearsStationsstraat 42, 3090 OverijseKBO/BCE: BE 0427.595.202 subsidiary of CV DEVROE BV#8 oldest company in Overijse, Real estate sector

Lifetime

20 annual accounts with figures on one time axis, 40 filings since 1986
Gross marginpeak €88,573 (2025)
€88,573▲ 15.0%
Resultlowest -€24,962 (2011)
-€16,566▼ €35,789
Equitypeak €126,318 (2024)
€109,752▼ 13.1%
Debts
€1.2m▲ 6.4%
Staffpeak 0.6 FTE (2012)
-not published
Board4 names since 2021
2 directorsBruno Mylle and 1 other
Owners
  
Documentsfilings and deeds
15-09-202646 days late
2025abbreviated format
Gross margin from €77,007 to €88,573Loss of €16,566Equity from €126,318 to €109,752Cash from €29,723 to €18,097

Key points

from the 2025 annual accounts

Debts

€1.2m 92% of the balance sheet
Financial debts 33%Suppliers 1%Taxes and wages 3%Other 63%

€421,952 of the debts are secured on the company's own assets. In 2024 that was €460,221.

Investments

€126,305 1.7 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 11.4% higher than in 2024.

Filings

40 annual accounts since 1986
AprilJune31 JulyOctober1990200020102020

Eight of the last ten came late. The 2021 accounts came latest: 122 days after the end of the period.

Checked score

86
Excellent
Financially stronger than 29% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).

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

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 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%▼ -0.3 percentage points vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.3 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.2%▼ -0.3 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Weak

Solvency
33-2equity 8.3% of total assets
Liquidity
19-4short-term debt 63.1% · cash 1.4%
Profitability
54-17return on assets -1.2%

Score breakdown

raises risk
Last filed accounts filed 46 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €1.3m
Founded in 1985
Figures for financial year 2025 (filed on 22-09-2026)
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 68, micro). It does better than 29% of them on solvency, 15% on liquidity, 45% on profitability and 25% on growth.

The bankruptcy probability was computed on 05-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 1,104 companies had the same profile as ELECTRICITY MECHANICS PNEUMATICS has now. Each dot stands for 3 companies, two years later.

94.3%
were still trading
3.5%
stopped another way
1.8%
went bankrupt
  • Small
  • 20 years or older
  • solvency under 10%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of ELECTRICITY MECHANICS PNEUMATICS itself is lower: 0.2% within 12 months. It rests on far more data about ELECTRICITY MECHANICS PNEUMATICS than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,104 companies, not a prediction for ELECTRICITY MECHANICS PNEUMATICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €9,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.04 (0.05 in 2024), below 1. Short-term debt is 63.1% and cash 1.4% of total assets. 91.7% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 46 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 22-09-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 46 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
46 days late
2024
29 days late
2023
19 days late
2022
23 days late
2021
122 days late
2020
30 days late
2019
26 days late
← 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 42 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 29 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
06-11-2026 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

Board and ownership

BM
Director
KD
Director
  • CV DEVROE BV 100%score 53equity -€22,659 (2025) · annual accounts 2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0427595202
Registered office moved within Overijse New registered office: Stationsstraat 42 te 3090 Overijse · Previous registered office: Steenbakkersweg 33 te 3090 Overijse · Resignations: Kim Devroe (director) and Daisy Vanvyve (director) · General meeting of 30-06-2020 · Gazette deed
First establishment E.M.P., Stationsstraat 42, Overijse
Incorporation published on 21-08-1985 · Gazette deed
All 53 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
ELECTRICITY MECHANICS PNEUMATICS Overijse €1.3m €88,573 8.3% -
OGEFARM Bertem €1.3m €82,137 47.3% -
CLYVAN Merchtem €1.5m €73,852 38.8% -
SERVAN Aarschot €1.2m €105,619 56.0% -
BUSINESS DEVELOPMENT & INVESTMENT Ghent €1.3m €87,997 28.4% 1.7
FLODECO Ingelmunster €1.4m €97,241 59.8% -
AUSTRALIAN COMPANY Knokke-Heist €1.4m €105,543 78.1% -

These companies have the same main activity as ELECTRICITY MECHANICS PNEUMATICS: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.2m and €1.5m, founded between 1983 and 1990.

Official details

Source: KBO
Status
Active since 26-07-1985Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
Establishment unit
2.027.628.8103090 Overijse, since 12-01-1993
Financial year end
31 December
Peppol
Reachable since 17-10-2025
Company details

Annual accounts 2025

Turnover
≈ €110,000estimated
Total assets
€1.3m▲ 4.4%
Filing
Filed on 15-09-2026
Financials

Insights on ELECTRICITY MECHANICS PNEUMATICS

ELECTRICITY MECHANICS PNEUMATICS files the abbreviated format. That format states no turnover. The gross margin rose from €41,329 in 2006 to €88,573 in 2025.

The balance sheet grew most from 2023 to 2025 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ELECTRICITY MECHANICS PNEUMATICS

What is the company number of ELECTRICITY MECHANICS PNEUMATICS?
The company number of ELECTRICITY MECHANICS PNEUMATICS is 0427.595.202. The VAT number is the same number with BE in front: BE 0427.595.202.
Where is ELECTRICITY MECHANICS PNEUMATICS based?
The registered office is at Stationsstraat 42, 3090 Overijse.Company details
What does ELECTRICITY MECHANICS PNEUMATICS do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of ELECTRICITY MECHANICS PNEUMATICS?
ELECTRICITY MECHANICS PNEUMATICS is a public limited company (NV).
When was ELECTRICITY MECHANICS PNEUMATICS founded?
ELECTRICITY MECHANICS PNEUMATICS was founded on 26-07-1985.
Is ELECTRICITY MECHANICS PNEUMATICS still active?
Yes, ELECTRICITY MECHANICS PNEUMATICS is an active enterprise in the KBO register.
What is the turnover of ELECTRICITY MECHANICS PNEUMATICS?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €88,573 and 45 comparable companies (NACE 682). It probably lies between €99,000 and €150,000.Financials
Is ELECTRICITY MECHANICS PNEUMATICS profitable?
In financial year 2025, ELECTRICITY MECHANICS PNEUMATICS made a loss of €16,566.
Where can I find the annual accounts of ELECTRICITY MECHANICS PNEUMATICS?
ELECTRICITY MECHANICS PNEUMATICS filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELECTRICITY MECHANICS PNEUMATICS due?
ELECTRICITY MECHANICS PNEUMATICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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