G ELECTRICS
ActiveThe computed 12-month bankruptcy probability of G ELECTRICS is 1.9% (moderate). The 2025 annual accounts show equity of €53k and a net result of €19k. Equity is growing by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 27711 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
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-6
Solvency55▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.03 in 2024; short-term debt: 34.9% and cash: 25.5% of total assets), and 70.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
29.6%
Return on assets
10.5%
Age of the figures
9 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 01-06-2026, 60 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
60 d early
2024
127 d early
2023
153 d early
2022
123 d early
2021
72 d early
2020
12 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▼ 0.1%
2024 · €53k
2020: €9k
2021: €13k
2022: €37k
2023: €40k
2024: €53k
2020 → 2025
Total assets
€181k▼ 12.5%
2024 · €206k
2020: €216k
2021: €194k
2022: €211k
2023: €186k
2024: €206k
2020 → 2025
Net result
€19k▼ 40.5%
2024 · €32k
2020: €-1k
2021: €5k
2022: €24k
2023: €32k
2024: €32k
2020 → 2025
Working capital
€5k▲ 97.6%
2024 · €2k
2020: €-38k
2021: €-21k
2022: €-2k
2023: €7k
2024: €2k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€37k▲ 180%€40k▲ 6.4%€53k▲ 35.0%€53k▼ 0.1%
Operating result€8k-€34k▲ 343%€44k▲ 28.8%€43k▼ 2.7%€26k▼ 38.4%
Net result€5k-€24k▲ 427%€32k▲ 35.3%€32k▼ 1.6%€19k▼ 40.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€113k▼ 17.4%
Current assets
€68k▼ 2.9%
Equity and liabilities €181k
Equity
€53k▼ 0.1%
Debt
€127k▼ 16.9%
The debt ratio falls from 74.1% to 70.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€57k▼
2024 · €65k
Cash flow
€49k▼
2024 · €54k
Solvency
29.6%▲
2024 · 25.9%
Current ratio
1.07▲
2024 · 1.03
Quick ratio
0.91▼
2024 · 0.93
Debt / equity
2.38▼
2024 · 2.86
ROE
35.5%▼
2024 · 59.6%
ROA
10.5%▼
2024 · 15.4%
Interest coverage
16.50▼
2024 · 22.20
Debt
€127k▼
2024 · €153k
Debt ≤ 1 year
€63k▼
2024 · €67k
Debt > 1 year
€63k▼
2024 · €85k
Income taxes
€6k▼
2024 · €10k
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€206k€181k▼
Fixed assets21/28€137k€113k▼
Intangible fixed assets21€89k€71k▼
Tangible fixed assets22/27€48k€42k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€43k€33k▼
Other tangible fixed assets26€2k€6k▲
Financial fixed assets28€0-
Current assets29/58€70k€68k▼
Stocks and contracts in progress3€7k€10k▲
Stocks30/36€7k€10k▲
Amounts receivable within one year40/41€24k€9k▼
Trade receivables40€22k€4k▼
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€36k€46k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€206k€181k▼
Equity10/15€53k€53k▼
Contributions10/11€10k€10k=
Reserves13€43k€43k=
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€429€384▼
Amounts payable17/49€153k€127k▼
Amounts payable after more than one year17€85k€63k▼
Financial debts170/4€85k€63k▼
Amounts payable within one year42/48€67k€63k▼
Current portion of amounts payable after more than one year42€21k€21k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€2k€402▼
Suppliers440/4€2k€402▼
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€41k€38k▼
Accrued charges and deferred income492/3€733€668▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€30k▲
Other operating charges640/8€762€857▲
Gross operating margin9900€66k€57k▼
Operating profit (loss)9901€43k€26k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€41k€25k▼
Income taxes67/77€10k€6k▼
Profit (loss) for the period9904€32k€19k▼
Profit (loss) for the period to be appropriated9905€32k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€19k▼
Profit (loss) brought forward from the previous period14P€2k€429▼
Transfer to equity691/2€15k€0▼
To other reserves6921€15k€0▼
Profit to be distributed694/7€18k€19k▲
Return on contributions (dividend)694€18k€19k▲
The notes to these accounts (10 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €32k ▲35.3%
Operating result €44k, net result €32k, both a record.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Rumst · 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.
Predikherenhoevestraat 72840 RumstGround area
1,017 m²
Building footprint
165 m²
Volume, LiDAR
792 m³
Parcel 11036A0163/00E002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G ELECTRICS
since 20202.298.308.595
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11036A0163/00E002 | Flanders | 1,017 m² | 1 · 165 m² | 8.6 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.
Recognitions · licences · registrations
Recognised contractor
1 categoryG ELECTRICS BV42067
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,610 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2020
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.