Enervice
ActiveThe computed 12-month bankruptcy probability of Enervice is 2.4% (moderate). The annual accounts of Enervice for fiscal year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €433k and a net result of €-455k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 7932 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-78
Solvency40▼-17
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days 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 ample (current ratio 1.94 against 1.55 in 2024; short-term debt: 49.4% and cash: 19.3% of total assets), but 84.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
15.5%
Return on assets
-16.3%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 7932 sector peers (2025).
NBB · sector comparisonPosition among 7932 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
32 d early
2024
28 d early
2023
83 d early
2022
167 d early
2021
143 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€433k▼ 51.3%
2024 · €888k
2021: €78k
2022: €213k
2023: €678k
2024: €888k
2021 → 2025
Total assets
€2.79M▲ 1.9%
2024 · €2.74M
2021: €223k
2022: €454k
2023: €2.21M
2024: €2.74M
2021 → 2025
Net result
€-455k
2024 · €210k
2021: €48k
2022: €135k
2023: €555k
2024: €210k
2021 → 2025
Working capital
€1.30M▲ 40.4%
2024 · €925k
2021: €76k
2022: €205k
2023: €780k
2024: €925k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€213k▲ 172%€678k▲ 218%€888k▲ 31.0%€433k▼ 51.3%
Operating result€66k-€182k▲ 174%€742k▲ 308%€295k▼ 60.3%€-390k
Net result€48k-€135k▲ 180%€555k▲ 311%€210k▼ 62.1%€-455k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €390k after €295k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.79M
Fixed assets
€115k▼ 20.4%
Current assets
€2.68M▲ 3.1%
Equity and liabilities €2.79M
Equity
€433k▼ 51.3%
Debt
€2.36M▲ 27.4%
The debt ratio rises from 67.6% to 84.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-352k▼
2024 · €320k
Cash flow
€-418k▼
2024 · €235k
Solvency
15.5%▼
2024 · 32.4%
Current ratio
1.94▲
2024 · 1.55
Quick ratio
1.33▲
2024 · 0.94
Debt / equity
5.45▲
2024 · 2.09
ROE
-105.2%▼
2024 · 23.7%
ROA
-16.3%▼
2024 · 7.7%
Interest coverage
-5.50▼
2024 · 16.30
Debt
€2.36M▲
2024 · €1.85M
Debt ≤ 1 year
€1.38M▼
2024 · €1.67M
Debt > 1 year
€352k▲
2024 · €174k
Income taxes
€3k▼
2024 · €65k
Staff costs
€380k▲
2024 · €325k
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€2.74M€2.79M▲
Fixed assets21/28€145k€115k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€124k€95k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€121k€93k▼
Financial fixed assets28€21k€19k▼
Current assets29/58€2.60M€2.68M▲
Stocks and contracts in progress3€1.02M€848k▼
Stocks30/36€1.02M€812k▼
Contracts in progress37-€36k
Amounts receivable within one year40/41€1.09M€1.28M▲
Trade receivables40€673k€1.21M▲
Other amounts receivable41€416k€66k▼
Cash at bank and in hand54/58€460k€538k▲
Deferred charges and accrued income490/1€25k€13k▼
Equity and liabilities
Total equity and liabilities10/49€2.74M€2.79M▲
Equity10/15€888k€433k▼
Contributions10/11€30k€30k=
Reserves13€850k€400k▼
Distributable reserves133€850k€400k▼
Profit (loss) carried forward14€8k€3k▼
Amounts payable17/49€1.85M€2.36M▲
Amounts payable after more than one year17€174k€352k▲
Financial debts170/4€174k€352k▲
Amounts payable within one year42/48€1.67M€1.38M▼
Current portion of amounts payable after more than one year42€284k€122k▼
Financial debts43€700k€300k▼
Credit institutions430/8€700k€300k▼
Trade debts44€619k€854k▲
Suppliers440/4€619k€854k▲
Advances received on contracts in progress46-€57k
Taxes, remuneration and social security45€63k€45k▼
Taxes450/3€5k€4k▼
Remuneration and social security454/9€58k€42k▼
Other amounts payable47/48€5k€299▼
Accrued charges and deferred income492/3€8k€630k▲
Income statement
Code20242025
Remuneration, social security and pensions62€325k€380k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€38k▲
Other operating charges640/8€5k€3k▼
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€650k€30k▼
Operating profit (loss)9901€295k€-390k▼
Financial income75/76B€56€2k▲
Recurring financial income75€56€2k▲
Financial charges65/66B€20k€64k▲
Recurring financial charges65€20k€64k▲
Profit (loss) for the period before taxes9903€275k€-452k▼
Income taxes67/77€65k€3k▼
Profit (loss) for the period9904€210k€-455k▼
Profit (loss) for the period to be appropriated9905€210k€-455k▼
Appropriation of the result
Profit (loss) to be appropriated9906€218k€-447k▼
Profit (loss) brought forward from the previous period14P€8k€8k▲
Transfer from equity791/2-€450k
Transfer to equity691/2€210k€0▼
To other reserves6921€210k€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90875.55.9▲
The notes to these accounts (21 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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-455k ▼317%
Net result drops to €-455k, the lowest in the series.
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2021net €555k ▲311%
Operating result €742k, net result €555k, both a record.
31-03
Financial
Equity above €500kEq €678k ▲218%
3 profitable years in a row build equity to €678k.
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €200kEq €213k ▲172%
2 profitable years in a row build equity to €213k.
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kruisem · 1 establishment unit since 2019
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.
Kazerneweg(KRU) 199770 KruisemGround area
1,742 m²
Building footprint
858 m²
Volume, LiDAR
6,064 m³
Parcel 45017A1132/00N002, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Enervice
since 20192.296.444.316
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017A1132/00N002 | Flanders | 1,742 m² | 1 · 858 m² | 11.7 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 2025 · 3 entries · 8,201 EUR awarded · 8,201 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 300 EUR | 701 EUR |
| 2024 | 1 | 401 EUR | 0 EUR |
| 2022 | 1 | 7,500 EUR | 7,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 6,829 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2019
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
46842Wholesale trade
43212Electrical installation work in industrial facilities
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.
Contact details
2 entriesWebsite:www.enervice.be
E-mail:info@enervice.be