FB ELEC
ActiveThe computed 12-month bankruptcy probability of FB ELEC is 2.4% (moderate). The 2025 annual accounts show equity of €86k and a net result of €51k. Equity is growing by ~124% per year across the filed fiscal years. Its solvency ranks better than 24% of 27446 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency28▲+16
Growth78=
Stability94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.65 in 2024), and 77.6% 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
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
22.4%
Return on assets
13.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27446 sector peers (2025).
NBB · sector comparisonPosition among 27446 sector peers
Solvency
better than 24%
← 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 26-08-2026, 26 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 · 4 filingsDeviation from the deadline
2025
26 d late
2024
26 d late
2023
30 d late
2022
30 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
Turnover
€333k
EBIT margin
1.6%
Net result
€51k▲ 144%
2024 · €21k
2022: €4k
2023: €4k
2024: €21k
2022 → 2025
Working capital
€-34k▲ 58.5%
2024 · €-82k
2022: €-126k
2023: €-123k
2024: €-82k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€333k-
Equity€10k-€14k▲ 34.3%€35k▲ 152%€86k▲ 147%
Operating result€5k-€7k▲ 28.0%€28k▲ 312%€68k▲ 146%
Net result€4k-€4k▼ 17.5%€21k▲ 497%€51k▲ 144%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 146% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384k
Fixed assets
€132k▲ 13.1%
Current assets
€252k▲ 65.9%
Equity and liabilities €384k
Equity
€86k▲ 147%
Debt
€298k▲ 27.5%
The debt ratio falls from 87.0% to 77.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€93k▲
2024 · €50k
Cash flow
€77k▲
2024 · €43k
Solvency
22.4%▲
2024 · 13.0%
Current ratio
0.88▲
2024 · 0.65
Quick ratio
0.77▲
2024 · 0.51
Debt / equity
3.46▼
2024 · 6.71
ROE
59.5%▼
2024 · 60.4%
ROA
13.3%▲
2024 · 7.8%
Interest coverage
53.37▼
2024 · 56.79
Debt
€298k▲
2024 · €234k
Debt ≤ 1 year
€286k▲
2024 · €234k
Debt > 1 year
€12k
Income taxes
€15k▲
2024 · €6k
Staff costs
€69k▼
2024 · €81k
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€269k€384k▲
Fixed assets21/28€117k€132k▲
Intangible fixed assets21€109k€94k▼
Tangible fixed assets22/27€7k€38k▲
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€3k€36k▲
Current assets29/58€152k€252k▲
Stocks and contracts in progress3€33k€31k▼
Stocks30/36€33k€31k▼
Amounts receivable within one year40/41€60k€50k▼
Trade receivables40€49k€40k▼
Other amounts receivable41€11k€10k▼
Cash at bank and in hand54/58€59k€166k▲
Deferred charges and accrued income490/1€358€5k▲
Equity and liabilities
Total equity and liabilities10/49€269k€384k▲
Equity10/15€35k€86k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€29k€80k▲
Amounts payable17/49€234k€298k▲
Amounts payable after more than one year17-€12k
Financial debts170/4-€12k
Amounts payable within one year42/48€234k€286k▲
Current portion of amounts payable after more than one year42-€17k
Trade debts44€29k€48k▲
Suppliers440/4€29k€48k▲
Taxes, remuneration and social security45€10k€32k▲
Taxes450/3€4k€17k▲
Remuneration and social security454/9€6k€15k▲
Other amounts payable47/48€195k€189k▼
Accrued charges and deferred income492/3€69€69=
Income statement
Code20242025
Remuneration, social security and pensions62€81k€69k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€26k▲
Other operating charges640/8€447€4k▲
Gross operating margin9900€131k€166k▲
Operating profit (loss)9901€28k€68k▲
Financial income75/76B€0€161▲
Recurring financial income75€0€161▲
Financial charges65/66B€878€2k▲
Recurring financial charges65€878€2k▲
Profit (loss) for the period before taxes9903€27k€66k▲
Income taxes67/77€6k€15k▲
Profit (loss) for the period9904€21k€51k▲
Profit (loss) for the period to be appropriated9905€21k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€80k▲
Profit (loss) brought forward from the previous period14P€8k€29k▲
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Highest result since 2022net €51k ▲144%
Operating result €68k, net result €51k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €4k ▼17.5%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Donceel · 1 establishment unit since 2022
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 Liège 704357 DonceelGround area
783 m²
Building footprint
61 m²
Volume, LiDAR
560 m³
Parcel 64046A0482/00N000, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FB ELEC
since 20222.330.325.723
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64046A0482/00N000 | Wallonia | 783 m² | 1 · 61 m² | 10.4 m · 3 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.
Similar companies · same sector, comparable size
Berkmans Roel
BE 0753.704.549
Lommel · Eq €86k
HANOT LOUIS
BE 0870.096.928
Genk · Eq €86k
MIND ELEC
BE 0681.892.776
Courcelles · Eq €86k
SADEGRO
BE 0479.377.067
Brugge · Eq €86k
Electro Persyn
BE 1008.054.187
Wevelgem · Eq €86k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 8,815 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.