ENERGY FOR THEM
ActiveThe annual accounts of ENERGY FOR THEM for fiscal year 2025 show a net loss of 96% of the equity at the start of that year. The 2025 annual accounts show equity of €305 and a net result of €-8k. Its solvency ranks better than 14% of 180 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency26▼-74
Growth32
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.01 against 7.43 in 2024; short-term debt: 99.1% and cash: 1.1% of total assets), and 99.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← 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 2025Solvency, return and age of the figures
Solvency
0.9%
Return on assets
-21.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year €-8k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 180 sector peers (2025).
NBB · sector comparisonPosition among 180 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
35 d late
2024
68 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€305▼ 96.1%
2024 · €8k
2024: €8k
2024 → 2025
Total assets
€35k▲ 289%
2024 · €9k
2024: €9k
2024 → 2025
Net result
€-8k▼ 253%
2024 · €-2k
2024: €-2k
2024 → 2025
Working capital
€305▼ 96.1%
2024 · €8k
2024: €8k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€8k-€305▼ 96.1%
Operating result€-2k-€-7k▼ 254%
Net result€-2k-€-8k▼ 253%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €35k
Equity
€305▼ 96.1%
Debt
€35k▲ 2,762%
The debt ratio rises from 13.5% to 99.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
0.9%▼
2024 · 86.5%
Current ratio
1.01▼
2024 · 7.43
Quick ratio
1.01▼
2024 · 7.43
ROA
-21.4%▲
2024 · -23.5%
Debt
€35k▲
2024 · €1k
Debt ≤ 1 year
€35k▲
2024 · €1k
Equity ratios withheld: equity of €305 is too small for a meaningful ratio.
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€9k€35k▲
Current assets29/58€9k€35k▲
Amounts receivable within one year40/41€6k€6k▼
Trade receivables40€6k-
Other amounts receivable41€303€6k▲
Cash at bank and in hand54/58€3k€374▼
Deferred charges and accrued income490/1-€29k
Equity and liabilities
Total equity and liabilities10/49€9k€35k▲
Equity10/15€8k€305▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-2k€-10k▼
Amounts payable17/49€1k€35k▲
Amounts payable within one year42/48€1k€35k▲
Trade debts44€1k€35k▲
Suppliers440/4€1k€35k▲
Income statement
Code20242025
Other operating charges640/8€118€120▲
Gross operating margin9900€-2k€-7k▼
Operating profit (loss)9901€-2k€-7k▼
Financial charges65/66B€67€225▲
Recurring financial charges65€67€225▲
Profit (loss) for the period before taxes9903€-2k€-8k▼
Profit (loss) for the period9904€-2k€-8k▼
Profit (loss) for the period to be appropriated9905€-2k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-10k▼
Profit (loss) brought forward from the previous period14P-€-2k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 35 days late
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
NBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Kapellen · 1 establishment unit since 2023
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.
Feniksdreef 42950 KapellenGround area
4,904 m²
Building footprint
359 m²
Volume, LiDAR
3,003 m³
Parcel 11023K0007/00B021, Flanders · tallest building 24.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ENERGY FOR THEM
since 20232.350.014.545
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023K0007/00B021 | Flanders | 4,904 m² | 1 · 359 m² | 24.6 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.
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Of 816 companies in sector 35110 we hold annual accounts for 632. 23 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2023
Fiscal year end31-12
Abbreviation NL
E4T
Activities, NACEBEL
35110Production of electricity from non-renewable sources
35150Electricity, gas, steam and air conditioning supply
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.