FRED ELECTRIQUE
ActiveSummary
FRED ELECTRIQUE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88k and a net result of €74k. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 53% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency75▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.58 in 2023; short-term debt: 50.1% and cash: 17.9% of total assets), but 50.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
153 d late
2022
80 d late
2021
79 d late
2020
172 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2024, micro schema
Equity
€88k▲ 74.5%
2023 · €50k
Total assets
€177k▲ 44.1%
2023 · €123k
Net result
€74k▲ 59.6%
2023 · €47k
Working capital
€81k▲ 95.0%
2023 · €42k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€28k▲ 37.1%€62k▲ 122%€42k▼ 32.3%€54k▲ 29.9%€93k▲ 70.7%
Net result€26k▲ 55.8%€40k▲ 52.3%€39k▼ 4.0%€47k▲ 20.7%€74k▲ 59.6%
Equity€14k▲ 3.2%€30k▲ 116%€41k▲ 35.1%€50k▲ 22.8%€88k▲ 74.5%
Total assets€95k▲ 29.9%€81k▼ 14.7%€107k▲ 32.5%€123k▲ 14.5%€177k▲ 44.1%
Debt€80k▲ 35.2%€50k▼ 37.5%€66k▲ 31.4%€72k▲ 9.5%€89k▲ 23.2%
Working capital€-2k▲ 70.1%€16k€36k▲ 118%€42k▲ 16.6%€81k▲ 95.0%
Staff (FTE)1.31.1
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 71% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €177k
Fixed assets
€7k ▼ 20.3%
Current assets
€170k ▲ 49.1%
Equity and liabilities €177k
Equity
€88k ▲ 74.5%
Provisions
€100 ▼ 50.0%
Debt
€89k ▲ 23.2%
Debt's share of the balance-sheet total falls from 58.8% to 50.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€95k▲
2023 · €56k
Cash flow
€77k▲
2023 · €48k
Current ratio
1.92▲
2023 · 1.58
Quick ratio
1.75▲
2023 · 1.45
Debt to equity
1.01▼
2023 · 1.43
ROE
84.9%▼
2023 · 92.8%
ROA
42.1%▲
2023 · 38.0%
Interest coverage
70.85▲
2023 · 22.08
Debt ≤ 1 year
€88k▲
2023 · €72k
Income taxes
€20k▲
2023 · €7k
Staff costs
€60k▲
2023 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €7k | - |
| Remuneration, social security and pensions62 | - | €22k | €22k | €37k | €60k | ▲ 61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €9k | €8k | €2k | €2k | ▲ 29.3% |
| Other operating charges640/8 | - | €2k | €3k | €2k | €2k | ▼ 18.5% |
| Gross operating margin9900 | €57k | €95k | €75k | €96k | €157k | ▲ 64.0% |
| Operating profit (loss)9901 | €28k | €62k | €42k | €54k | €93k | ▲ 70.7% |
| Financial income75/76B | - | €710 | €2k | €2k | €3k | ▲ 45.8% |
| Recurring financial income75 | €679 | €710 | €2k | €2k | €3k | ▲ 45.8% |
| Financial charges65/66B | - | €721 | €3k | €3k | €1k | ▼ 47.2% |
| Recurring financial charges65 | €507 | €721 | €852 | €3k | €1k | ▼ 47.2% |
| Non-recurring financial charges66B | - | - | €2k | - | - | - |
| Profit (loss) for the period before taxes9903 | €30k | €62k | €40k | €54k | €94k | ▲ 75.5% |
| Transfer from deferred taxes780 | - | €100 | €100 | €400 | €100 | ▼ 75.0% |
| Income taxes67/77 | €3k | €21k | €2k | €7k | €20k | ▲ 169% |
| Profit (loss) for the period9904 | €26k | €40k | €39k | €47k | €74k | ▲ 59.6% |
| Transfer from tax-exempt reserves789 | - | €400 | €400 | €100 | €400 | ▲ 300% |
| Profit (loss) for the period to be appropriated9905 | €24k | €41k | €39k | €47k | €75k | ▲ 60.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €95k | €81k | €107k | €123k | €177k | ▲ 44.1% |
| Fixed assets21/28 | €20k | €14k | €6k | €9k | €7k | ▼ 20.3% |
| Tangible fixed assets22/27 | €17k | €12k | €3k | €7k | €7k | ▲ 4.9% |
| Plant, machinery and equipment23 | - | €4k | €1k | €2k | €3k | ▲ 13.7% |
| Furniture and vehicles24 | - | €8k | €2k | €4k | €4k | ▲ 0.1% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | - | - |
| Current assets29/58 | €75k | €67k | €102k | €114k | €170k | ▲ 49.1% |
| Amounts receivable after more than one year29 | - | €15k | €40k | €55k | €55k | = |
| Other amounts receivable291 | - | €15k | €40k | €55k | €55k | = |
| Stocks and contracts in progress3 | €8k | €9k | €8k | €9k | €15k | ▲ 65.1% |
| Stocks30/36 | - | €9k | €8k | €9k | €15k | ▲ 65.1% |
| Amounts receivable within one year40/41 | €16k | €22k | €44k | €26k | €67k | ▲ 155% |
| Trade receivables40 | - | €5k | €33k | €16k | €54k | ▲ 236% |
| Other amounts receivable41 | - | €17k | €11k | €10k | €13k | ▲ 25.9% |
| Cash at bank and in hand54/58 | €34k | €18k | €8k | €23k | €32k | ▲ 38.4% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €676 | €1k | ▲ 96.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €95k | €81k | €107k | €123k | €177k | ▲ 44.1% |
| Equity10/15 | €14k | €30k | €41k | €50k | €88k | ▲ 74.5% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €7k | €23k | €34k | €43k | €81k | ▲ 86.9% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €2k | €1k | €800 | €400 | ▼ 50.0% |
| Distributable reserves133 | - | €20k | €31k | €40k | €78k | ▲ 93.6% |
| Profit (loss) carried forward14 | €979 | €983 | €991 | €995 | €1k | ▲ 0.8% |
| Provisions and deferred taxes16 | €500 | €400 | €300 | €200 | €100 | ▼ 50.0% |
| Deferred taxes168 | - | €400 | €300 | €200 | €100 | ▼ 50.0% |
| Amounts payable17/49 | €80k | €50k | €66k | €72k | €89k | ▲ 23.2% |
| Amounts payable after more than one year17 | €3k | - | - | - | - | - |
| Amounts payable within one year42/48 | €77k | €50k | €66k | €72k | €88k | ▲ 22.7% |
| Current portion of amounts payable after more than one year42 | - | €3k | - | - | - | - |
| Trade debts44 | €35k | €1k | €16k | €5k | €18k | ▲ 270% |
| Suppliers440/4 | - | €1k | €16k | €5k | €18k | ▲ 270% |
| Taxes, remuneration and social security45 | - | €22k | €20k | €21k | €28k | ▲ 37.6% |
| Taxes450/3 | - | €19k | €17k | €15k | €21k | ▲ 43.5% |
| Remuneration and social security454/9 | - | €3k | €4k | €6k | €7k | ▲ 22.7% |
| Other amounts payable47/48 | - | €24k | €29k | €47k | €42k | ▼ 10.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €387 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €40k | €39k | €47k | €74k | ▲ 59.6% |
| + Depreciation and write-downs630 | €10k | €9k | €8k | €2k | €2k | ▲ 29.3% |
| Operating cash flow (approximation) | €36k | €49k | €47k | €48k | €77k | ▲ 58.5% |
| Investment in fixed assets (approximation) | - | €-4k | €554 | €-5k | €-551 | ▲ 89.3% |
| Change in cash | - | €-16k | €-10k | €15k | €9k | ▼ 42.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Highest result since 2018net €74k ▲59.6%
Operating result €93k, net result €74k, both a record.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 80 days late
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
19-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 172 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
12-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 225 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 186 days late
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 169 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Mouscron · 1 establishment unit since 2011
Ground area
225 m²
Building footprint
60 m²
Parcel 54004H0565/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
FRED ELECTRIQUE
since 20112.202.705.890
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54004H0565/00E000 | Wallonia | 225 m² | 1 · 60 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesFRED ELECTRIQUE SRL35185
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,811 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded31-08-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Contact
Phone
0474/064054Mouscron
Scores and ratios are computed by Checked and are not a credit decision.