Gilectro
ActiveThe computed 12-month bankruptcy probability of Gilectro is 2.1% (moderate). The 2025 annual accounts show equity of €51k and a net result of €48k. Equity is growing by ~33.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 27787 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency67▼-15
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.78 against 2.32 in 2024; short-term debt: 23.9% and cash: 35.1% of total assets), but 58.4% 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
41.6%
Return on assets
39.6%
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 06-07-2026, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
25 d early
2024
7 d early
2023
6 d late
2022
23 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 19.3%
2024 · €43k
2022: €17k
2023: €29k
2024: €43k
2022 → 2025
Total assets
€122k▲ 63.0%
2024 · €75k
2022: €49k
2023: €69k
2024: €75k
2022 → 2025
Net result
€48k▲ 265%
2024 · €13k
2022: €15k
2023: €12k
2024: €13k
2022 → 2025
Working capital
€81k▲ 152%
2024 · €32k
2022: €7k
2023: €17k
2024: €32k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€17k-€29k▲ 74.1%€43k▲ 45.0%€51k▲ 19.3%
Operating result€18k-€17k▼ 5.4%€18k▲ 6.7%€66k▲ 262%
Net result€15k-€12k▼ 18.6%€13k▲ 5.7%€48k▲ 265%
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 262% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€12k▼ 35.9%
Current assets
€110k▲ 95.4%
Equity and liabilities €122k
Equity
€51k▲ 19.3%
Debt
€71k▲ 121%
The debt ratio rises from 43.1% to 58.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73k▲
2024 · €25k
Cash flow
€55k▲
2024 · €20k
Solvency
41.6%▼
2024 · 56.9%
Current ratio
3.78▲
2024 · 2.32
Quick ratio
3.39▲
2024 · 2.25
Debt / equity
1.40▲
2024 · 0.76
ROE
95.1%▲
2024 · 31.0%
ROA
39.6%▲
2024 · 17.7%
Interest coverage
83.96▲
2024 · 25.15
Debt
€71k▲
2024 · €32k
Debt ≤ 1 year
€29k▲
2024 · €24k
Debt > 1 year
€42k▲
2024 · €8k
Income taxes
€17k▲
2024 · €5k
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€75k€122k▲
Fixed assets21/28€18k€12k▼
Tangible fixed assets22/27€18k€12k▼
Furniture and vehicles24€18k€12k▼
Leasing and similar rights25€0-
Current assets29/58€56k€110k▲
Stocks and contracts in progress3€2k€11k▲
Stocks30/36€2k€11k▲
Amounts receivable within one year40/41€35k€54k▲
Trade receivables40€29k€49k▲
Other amounts receivable41€7k€5k▼
Cash at bank and in hand54/58€18k€43k▲
Deferred charges and accrued income490/1€942€2k▲
Equity and liabilities
Total equity and liabilities10/49€75k€122k▲
Equity10/15€43k€51k▲
Contributions10/11€2k€2k=
Reserves13€41k€49k▲
Distributable reserves133€41k€49k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€32k€71k▲
Amounts payable after more than one year17€8k€42k▲
Financial debts170/4€0-
Other amounts payable178/9€8k€42k▲
Amounts payable within one year42/48€24k€29k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€17k€12k▼
Suppliers440/4€17k€12k▼
Taxes, remuneration and social security45€750€9k▲
Taxes450/3€750€9k▲
Other amounts payable47/48€7k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€628€540▼
Gross operating margin9900€26k€74k▲
Operating profit (loss)9901€18k€66k▲
Financial income75/76B€328€61▼
Recurring financial income75€328€61▼
Financial charges65/66B€993€871▼
Recurring financial charges65€993€871▼
Profit (loss) for the period before taxes9903€18k€66k▲
Income taxes67/77€5k€17k▲
Profit (loss) for the period9904€13k€48k▲
Profit (loss) for the period to be appropriated9905€13k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€48k▲
Transfer from equity791/2-€40k
Transfer to equity691/2€13k€48k▲
To other reserves6921€13k€48k▲
Profit to be distributed694/7-€40k
Return on contributions (dividend)694-€40k
The notes to these accounts (4 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €48k ▲265%
Operating result €66k, net result €48k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet €12k ▼18.6%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Lendelede · 1 establishment unit since 2022
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.
Stationsstraat 80A8860 LendeledeGround area
1.0 ha
Building footprint
1,257 m²
Volume, LiDAR
7,096 m³
Parcel 34025C0432/00S004, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gilectro
since 20222.331.140.919
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025C0432/00S004 | Flanders | 1.0 ha | 1 · 1,257 m² | 7.1 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 155 EUR awarded · 625 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 155 EUR | 155 EUR |
| 2023 | 1 | 0 EUR | 470 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,586 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-05-2022
Fiscal year end31-12
Legal name NL
Pulsief
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.