Equity
€84,372 ▲ 20.1%
Ferrari Elec paid out €833 in dividends. That is 6% of the 2025 profit.
Ferrari Elec
Lifetime
7 annual accounts with figures on one time axispeak €338,673 (2023)
€181,395▼ 42.2%
lowest -€91 (2020)
€14,944▼ 84.3%
peak €84,372 (2025)
€84,372▲ 20.1%
€296,178▼ 15.2%
peak 3.3 FTE (2019)
-not published
Board2 names since 2018
2 directorsFERRARI Vincent Yvon and 1 other
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €313,970 to €181,395Result from €95,366 to €14,944Dividend €833Equity from €70,261 to €84,372Debts from €349,391 to €296,178
Key points
from the 2025 annual accountsResult
€14,944 ▼ 84.3%
The result fell in 2025 from €95,366 to €14,944.
Turnover
≈ €450,000 estimated
The accounts state no turnover.
Debts
€296,178 78% of the balance sheet
Financial debts 13%Suppliers 17%Taxes and wages 18%Other 52%
Staff
4 employees on 31-12-2025
In 2025, 2 people joined and 1 left.
Filings
7 annual accounts 5 late
The 2020 accounts came latest: 88 days after the end of the period.
Checked score
68
Healthy
Financially stronger than 37% of micro companies in electrical equipment (NACE 27)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 437 companies (NACE 27, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.7%▲ +0.1 percentage points vs 01-2025
03-2025: 1.5%▼ -0.2 percentage points vs 02-2025
04-2025: 1.6%▲ +0.1 percentage points vs 03-2025
05-2025: 1.5%▼ -0.1 percentage points vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 2.2%▲ +0.6 percentage points vs 07-2025
09-2025: 1.6%▼ -0.6 percentage points vs 08-2025
10-2025: 1.6%● unchanged vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.7%▲ +0.1 percentage points vs 03-2026
05-2026: 1.6%▼ -0.1 percentage points vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 2.3%▲ +0.7 percentage points vs 07-2026highest value
09-2026: 0.7%▼ -1.6 percentage points vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Manufacture of electrical equipment (NACE 27)
Founded in 2018
Liquidity: current ratio 1.26, cash €9,587
lowers risk
Size: total assets €380,550
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 27, micro). It does better than 26% of them on solvency, 7% on liquidity, 42% on profitability and 74% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 3,274 companies had the same profile as Ferrari Elec has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Ferrari Elec itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 3,274 companies, not a prediction for Ferrari Elec. 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 €5,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (1.2 in 2024), below the usual 1.5. Short-term debt is 77.8% and cash 2.5% of total assets. 77.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 7 filingsDeviation from the deadline
2025
30 days late
2024
25 days late
2023
19 days early
2022
33 days early
2021
5 days late
2020
88 days late
2019
82 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 25 days after the deadline. In the sector (NACE 27), the median for financial year 2024 was 6 days before the deadline, and 37% 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 5 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0716631347
Change of role: Vincent FERRARI, from manager to director
“Tous travaux d’installation électrotechnique de bâtiment,notamment de câbles et appareils électriques,de…” (deed in French) · Director discharge: Vincent FERRARI · General meeting of 22-02-2024 · Gazette deed
Incorporation
Founder: FERRARI Vincent Yvon (comparant constituant) · Founding capital of €18,600, 18,600 shares, €12,400 paid up · Appointment: FERRARI Vincent Yvon (manager) · published on 21-12-2018 · Gazette deed
First establishment
Rue Arcade Douchamps 5, Charleroi
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Ferrari Elec Charleroi | €380,550 | €181,395 | 22.2% | - |
| Baro Lanaken | €478,170 | €252,928 | 47.2% | - |
| SEFFER Elektromotoren Saint-Vith | €289,827 | €140,617 | 41.6% | - |
| Infinite Power Oudsbergen | €183,753 | €140,339 | 61.1% | - |
| Elthium Kortenberg | €247,889 | €102,838 | 18.4% | - |
| RKSV Torhout | €193,288 | €138,347 | 59.8% | - |
| Electrify Europe Heist-op-den-Berg | €885,192 | €126,614 | 41.9% | - |
These companies have the same main activity as Ferrari Elec: manufacture of electrical equipment (NACE 27110). They are comparable in size and age: total assets between €184,000 and €885,000, founded between 2014 and 2021.
Official details
Source: KBO- Status
- Active since 19-12-2018Normal situation
- Activity
- Manufacture of electrical equipmentNACE 27110and 3 others
- Establishment unit
- 2.282.920.6356001 Charleroi, since 19-12-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- €380,550▼ 9.3%
- Employeeson 31-12-2025
- 4▲ 33.3%
- Filing
- Filed on 30-08-2026
Insights on Ferrari Elec
Ferrari Elec files the micro format. That format states no turnover. The gross margin rose from €107,464 in 2019 to €181,395 in 2025.
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 Ferrari Elec
- What is the company number of Ferrari Elec?
- The company number of Ferrari Elec is 0716.631.347. The VAT number is the same number with BE in front: BE 0716.631.347.
- Where is Ferrari Elec based?
- The registered office is at Rue Arcade Douchamps 5, 6001 Charleroi.Company details
- What does Ferrari Elec do?
- According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27110).
- What is the legal form of Ferrari Elec?
- Ferrari Elec is a private limited company (BV).
- When was Ferrari Elec founded?
- Ferrari Elec was founded on 19-12-2018.
- Is Ferrari Elec still active?
- Yes, Ferrari Elec is an active enterprise in the KBO register.
- How many employees does Ferrari Elec have?
- Ferrari Elec had an average of 3.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Ferrari Elec?
- The turnover in financial year 2025 is ≈ €450,000. This figure is estimated from the gross margin of €181,395 and 2,203 comparable companies of the same size. It probably lies between €300,000 and €700,000. It is a rough estimate.
- Is Ferrari Elec profitable?
- In financial year 2025, Ferrari Elec made a profit of €14,944.
- Where can I find the annual accounts of Ferrari Elec?
- Ferrari Elec filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Ferrari Elec due?
- Ferrari Elec must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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