G & M ELECTRIQUE
ActiveG & M ELECTRIQUE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €25k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 37% of 190 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+7
Solvency57▼-15
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.86 in 2024; short-term debt: 67.9% and cash: 22.8% of total assets), and 67.9% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Sector 27
higher
← 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
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
32.1%
Return on assets
9.4%
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 04-07-2026, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
27 d early
2024
28 d late
2023
28 d early
2022
31 d late
2021
16 d late
2020
31 d late
2019
313 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€85k▼ 29.4%
2024 · €120k
2018: €132k
2019: €134k
2020: €135k
2021: €136k
2022: €141k
2023: €146k
2024: €120k
2018 → 2025
Total assets
€265k▲ 4.3%
2024 · €254k
2018: €293k
2019: €256k
2020: €286k
2021: €325k
2022: €321k
2023: €279k
2024: €254k
2018 → 2025
Net result
€25k▲ 159%
2024 · €10k
2018: €4k
2019: €3k
2020: €3k
2021: €1k
2022: €5k
2023: €5k
2024: €10k
2018 → 2025
Working capital
€77k▼ 33.2%
2024 · €115k
2018: €86k
2019: €93k
2020: €103k
2021: €108k
2022: €117k
2023: €134k
2024: €115k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€136k-€141k▲ 3.4%€146k▲ 3.6%€120k▼ 17.4%€85k▼ 29.4%
Operating result€2k-€8k▲ 319%€7k▼ 14.4%€13k▲ 92.4%€43k▲ 220%
Net result€1k-€5k▲ 349%€5k▲ 10.1%€10k▲ 87.4%€25k▲ 159%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 220% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €265k
Fixed assets
€8k▲ 55.5%
Current assets
€257k▲ 3.2%
Equity and liabilities €265k
Equity
€85k▼ 29.4%
Debt
€180k▲ 34.5%
The debt ratio rises from 52.7% to 67.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€46k▲
2024 · €22k
Cash flow
€28k▲
2024 · €18k
Solvency
32.1%▼
2024 · 47.3%
Current ratio
1.43▼
2024 · 1.86
Quick ratio
1.34▼
2024 · 1.74
Debt / equity
2.12▲
2024 · 1.11
ROE
29.3%▲
2024 · 8.0%
ROA
9.4%▲
2024 · 3.8%
Interest coverage
7.13▼
2024 · 37.01
Debt
€180k▲
2024 · €134k
Debt ≤ 1 year
€180k▲
2024 · €134k
Income taxes
€14k▲
2024 · €4k
Staff costs
€101k▼
2024 · €115k
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€254k€265k▲
Fixed assets21/28€5k€8k▲
Tangible fixed assets22/27€5k€8k▲
Furniture and vehicles24€4k€7k▲
Other tangible fixed assets26€1k€610▼
Current assets29/58€249k€257k▲
Stocks and contracts in progress3€17k€16k▼
Stocks30/36€17k€16k▼
Amounts receivable within one year40/41€153k€177k▲
Trade receivables40€109k€93k▼
Other amounts receivable41€44k€83k▲
Cash at bank and in hand54/58€76k€60k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€254k€265k▲
Equity10/15€120k€85k▼
Contributions10/11€19k€19k=
Reserves13€81k€46k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€80k€44k▼
Profit (loss) carried forward14€20k€20k=
Amounts payable17/49€134k€180k▲
Amounts payable within one year42/48€134k€180k▲
Current portion of amounts payable after more than one year42€4k€3k▼
Trade debts44€102k€100k▼
Suppliers440/4€102k€100k▼
Taxes, remuneration and social security45€28k€16k▼
Taxes450/3€12k€1k▼
Remuneration and social security454/9€16k€15k▼
Other amounts payable47/48-€61k
Accrued charges and deferred income492/3€188€0▼
Income statement
Code20242025
Non-recurring operating income76A-€200
Remuneration, social security and pensions62€115k€101k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€475
Gross operating margin9900€138k€149k▲
Operating profit (loss)9901€13k€43k▲
Financial income75/76B€793€3k▲
Recurring financial income75€793€3k▲
Financial charges65/66B€588€6k▲
Recurring financial charges65€588€6k▲
Profit (loss) for the period before taxes9903€14k€39k▲
Income taxes67/77€4k€14k▲
Profit (loss) for the period9904€10k€25k▲
Profit (loss) for the period to be appropriated9905€10k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€45k▲
Profit (loss) brought forward from the previous period14P€20k€20k=
Transfer from equity791/2€35k€60k▲
Transfer to equity691/2€10k€25k▲
To other reserves6921€10k€25k▲
Profit to be distributed694/7€35k€60k▲
Return on contributions (dividend)694€35k€60k▲
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
04-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €25k ▲159%
Operating result €43k, net result €25k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Weakest financial yearnet €1k ▼60.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 313 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 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, Tubize · 1 establishment unit since 2006
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 Mons 1541480 TubizeGround area
666 m²
Building footprint
121 m²
Volume, LiDAR
797 m³
Parcel 25105C0329/00A005, Wallonia · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G & M ELECTRIQUE
since 20062.152.890.551
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105C0329/00A005 | Wallonia | 666 m² | 1 · 121 m² | 10.1 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.
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SMAPPEE SERVICES
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GAM HIFI
BE 0436.923.632
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Of 262 companies in sector 27110 we hold annual accounts for 173. 108 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-03-2006
Fiscal year end31-12
Activities, NACEBEL
27110Manufacture of electrical equipment
43211General electrical installation work
45310
42220Construction of utility projects for electricity and telecommunications
45215
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
51150
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.