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G R Electricité

Active
Private limited companyfounded 1988active for 37 yearsRue des Tailles(Leignon) 23, 5590 Ciney, BelgiumKBO/BCE: BE 0435.968.775
Summary

G R Electricité has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,790 and a net result of €4,782. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 68% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 16-12-1988 Normal situation
Activity
General electrical installation work NACE 43211and 8 others
Establishment unit
2.041.676.883 5590 Ciney, since 16-01-1989
Financial year end
31 December
Peppol
Reachable since 07-01-2026

Board and ownership

Board

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€32,098
▼ 43.7%
Turnover
≈ €150,000
estimated
Profit
€4,782
▼ 87.6%
Equity
€100,790
▲ 4.1%
Total assets
€160,551
▲ 32.8%
Staff
≈ 0 FTE
estimated
Filed on 19-06-2026, 42 days before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.46, cash €37,217Founded in 1988Equity €100,790 (62.8% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 88-12
equity 62.8% of total assets
Liquidity 74+21
short-term debt 18.1% · cash 23.2%
Profitability 72-28
return on assets 3.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.3%highest value 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 0.5%▼ -0.8 percentage points vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%▼ -0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 0.6%▼ -0.4 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.5%▼ -0.1 percentage points vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.4%▼ -0.2 percentage points vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.7 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.46 (4.34 in 2024), above the usual 1.5. Short-term debt is 18.1% and cash 23.2% of total assets. 37.2% of the assets are financed with debt and provisions.
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 43, micro). It does better than 68% of them on solvency, 72% on liquidity, 43% on profitability and 45% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.46, cash €37,217
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €100,790 (62.8% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €100,790
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
27 days late
2023
30 days late
2022
121 days late
2021
40 days early
2020
38 days early
2019
24 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 12 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 27 August (4 of the last 5 accounts filed within 69 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Company renamed from LAMBOT-LEONET to G R ElectricitéRegistered office moved to Ciney · Resignations: Christophe LAMBOT, Maria LEONET and René LEONET · Appointment: Gilles RADU (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as G R Electricité: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €134,000 and €188,000, founded between 1988 and 1989.

CompanyTotal assetsGross margin
G R Electricité Ciney€160,551€32,098
INTEGRATED PAGING SYSTEMS Genk€167,964€36,303
KT SOLUTIONS Lievegem€181,008€32,147
ALGEMENE ELEKTRICITEITSWERKEN HUYGH Mortsel€136,276€32,133
PHONALCAR Evere€134,475€32,354
ELECTRO PASCAL Laarne€146,863€39,632
VAN SAET HENDRIK - ELECTRICITEITSWERKEN Bonheiden€187,581€37,338
Full comparison

Key facts about G R Electricité

What is the company number of G R Electricité?
The company number of G R Electricité is 0435.968.775. The VAT number is the same number with BE in front: BE 0435.968.775.
Where is G R Electricité based?
The registered office is at Rue des Tailles(Leignon) 23, 5590 Ciney.Company details
What does G R Electricité do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of G R Electricité?
The legal form of G R Electricité is Private limited company (BV).
When was G R Electricité founded?
G R Electricité was founded on 16-12-1988.
Is G R Electricité still active?
Yes, G R Electricité is an active enterprise in the KBO register.
What is the turnover of G R Electricité?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €32,098 and 45 comparable companies (NACE 43211). It probably lies between €100,000 and €230,000. In financial year 2022 turnover was €58,789.Financials
Is G R Electricité profitable?
In financial year 2025, G R Electricité made a profit of €4,782.
Where can I find the annual accounts of G R Electricité?
G R Electricité filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of G R Electricité due?
G R Electricité must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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