F.T’ ELEC
ActiveThe computed 12-month bankruptcy probability of F.T’ ELEC is 2.1% (moderate). The 2025 annual accounts show equity of €146k and a net result of €8k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 53% of 27386 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
79
/ 100
Excellent▼ -21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-71
Solvency95▼-3
Growth52=
Stability100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 2.7 in 2024), but 50.4% 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.
−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
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.6%
Return on assets
2.8%
Age of the figures
8 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
3 d early
2024
60 d late
2023
54 d late
2022
56 d early
2021
41 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€146k▲ 6.1%
2024 · €138k
2021: €64k
2022: €92k
2023: €102k
2024: €138k
2021 → 2025
Total assets
€295k▲ 23.0%
2024 · €239k
2021: €164k
2022: €205k
2023: €220k
2024: €239k
2021 → 2025
Net result
€8k▼ 76.7%
2024 · €36k
2021: €62k
2022: €28k
2023: €9k
2024: €36k
2021 → 2025
Working capital
€146k▲ 10.9%
2024 · €132k
2021: €49k
2022: €82k
2023: €96k
2024: €132k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€92k▲ 43.9%€102k▲ 10.3%€138k▲ 35.4%€146k▲ 6.1%
Operating result€79k-€38k▼ 51.4%€15k▼ 61.1%€48k▲ 225%€14k▼ 70.4%
Net result€62k-€28k▼ 54.3%€9k▼ 66.4%€36k▲ 281%€8k▼ 76.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 70% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €295k
Fixed assets
€15k▼ 50.9%
Current assets
€280k▲ 33.8%
Equity and liabilities €295k
Equity
€146k▲ 6.1%
Debt
€148k▲ 46.0%
The debt ratio rises from 42.5% to 50.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€30k▼
2024 · €65k
Cash flow
€24k▼
2024 · €52k
Solvency
49.6%▼
2024 · 57.5%
Current ratio
2.09▼
2024 · 2.70
Quick ratio
2.07▼
2024 · 2.66
Debt / equity
1.02▲
2024 · 0.74
ROE
5.7%▼
2024 · 26.2%
ROA
2.8%▼
2024 · 15.0%
Interest coverage
15.88▼
2024 · 19.06
Debt
€148k▲
2024 · €102k
Debt ≤ 1 year
€134k▲
2024 · €77k
Debt > 1 year
€15k▼
2024 · €24k
Income taxes
€4k▼
2024 · €9k
Staff costs
€126k▲
2024 · €55k
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€239k€295k▲
Fixed assets21/28€30k€15k▼
Intangible fixed assets21€21k€11k▼
Tangible fixed assets22/27€9k€4k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€4k€1k▼
Financial fixed assets28€225€225=
Current assets29/58€209k€280k▲
Stocks and contracts in progress3€3k€3k▲
Stocks30/36€3k€3k▲
Amounts receivable within one year40/41€165k€242k▲
Trade receivables40€141k€217k▲
Other amounts receivable41€24k€25k▲
Cash at bank and in hand54/58€40k€32k▼
Deferred charges and accrued income490/1€228€2k▲
Equity and liabilities
Total equity and liabilities10/49€239k€295k▲
Equity10/15€138k€146k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€135k€144k▲
Amounts payable17/49€102k€148k▲
Amounts payable after more than one year17€24k€15k▼
Financial debts170/4€24k€15k▼
Amounts payable within one year42/48€77k€134k▲
Current portion of amounts payable after more than one year42€11k€10k▼
Financial debts43€8k€8k=
Credit institutions430/8€8k€8k=
Trade debts44€30k€57k▲
Suppliers440/4€30k€57k▲
Taxes, remuneration and social security45€11k€18k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€7k€13k▲
Other amounts payable47/48€17k€42k▲
Income statement
Code20242025
Remuneration, social security and pensions62€55k€126k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€13k
Other operating charges640/8€1k€1k▲
Gross operating margin9900€121k€170k▲
Operating profit (loss)9901€48k€14k▼
Financial income75/76B€315€96▼
Recurring financial income75€315€96▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€45k€13k▼
Income taxes67/77€9k€4k▼
Profit (loss) for the period9904€36k€8k▼
Profit (loss) for the period to be appropriated9905€36k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€135k€144k▲
Profit (loss) brought forward from the previous period14P€99k€135k▲
The notes to these accounts (9 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €8k ▼76.7%
Net result drops to €8k, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Equity above €100kEq €102k ▲10.3%
3 profitable years in a row build equity to €102k.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
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
2 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, Walcourt · 1 establishment unit since 2020
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.
Rue de Boussu(Fon) 45650 WalcourtGround area
312 m²
Building footprint
71 m²
Parcel 93023C0282/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
F.T' ELEC
since 20202.304.571.035
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93023C0282/00E000 | Wallonia | 312 m² | 1 · 71 m² | - |
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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BE 0792.424.573
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TECH SERVICE
BE 0463.231.022
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LE CHEVERNY
BE 0442.172.223
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GEO-6
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 8,577 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2020
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:ftelec.renove@gmail.com
Phone:+32475894576