GLOBAL ELEC
Bankruptcy closedGLOBAL ELEC was declared bankrupt on 09-03-2026 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy declaration was reversed by judgment of 21-04-2026, published in the Belgian State Gazette on 28-04-2026. The 2023 annual accounts show equity of €51k and a net result of €3k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 01-10-2024, 62 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
62 d late
2022
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€51k▲ 6.8%
2022 · €48k
2022: €48k
2022 → 2023
Total assets
€254k▲ 215%
2022 · €81k
2022: €81k
2022 → 2023
Net result
€3k▼ 91.4%
2022 · €38k
2022: €38k
2022 → 2023
Working capital
€-71k
2022 · €11k
2022: €11k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€48k-€51k▲ 6.8%
Operating result€48k-€23k▼ 53.0%
Net result€38k-€3k▼ 91.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 53% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €254k
Fixed assets
€162k▲ 350%
Current assets
€92k▲ 107%
Equity and liabilities €254k
Equity
€51k▲ 6.8%
Debt
€203k▲ 516%
The debt ratio rises from 41.0% to 80.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▼
2022 · €50k
Cash flow
€17k▼
2022 · €40k
Solvency
20.0%▼
2022 · 59.0%
Current ratio
0.57▼
2022 · 1.35
Quick ratio
0.57▼
2022 · 1.35
Debt / equity
4.01▲
2022 · 0.69
ROE
6.3%▼
2022 · 79.0%
ROA
1.3%▼
2022 · 46.6%
Interest coverage
2.86▼
2022 · 391.55
Debt
€203k▲
2022 · €33k
Debt ≤ 1 year
€163k▲
2022 · €33k
Debt > 1 year
€41k
Income taxes
€7k▼
2022 · €11k
Staff costs
€285k▲
2022 · €79k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€81k€254k▲
Fixed assets21/28€36k€162k▲
Tangible fixed assets22/27€29k€147k▲
Plant, machinery and equipment23€7k€34k▲
Furniture and vehicles24€14k€72k▲
Other tangible fixed assets26€8k€42k▲
Financial fixed assets28€7k€15k▲
Current assets29/58€44k€92k▲
Amounts receivable within one year40/41€28k€49k▲
Trade receivables40€18k€31k▲
Other amounts receivable41€10k€18k▲
Cash at bank and in hand54/58€12k€38k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€81k€254k▲
Equity10/15€48k€51k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€38k€41k▲
Amounts payable17/49€33k€203k▲
Amounts payable after more than one year17-€41k
Financial debts170/4-€41k
Amounts payable within one year42/48€33k€163k▲
Current portion of amounts payable after more than one year42-€13k
Trade debts44€11k€107k▲
Suppliers440/4€11k€107k▲
Taxes, remuneration and social security45€22k€35k▲
Taxes450/3€11k€10k▼
Remuneration and social security454/9€10k€26k▲
Other amounts payable47/48-€8k
Income statement
Code20222023
Remuneration, social security and pensions62€79k€285k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€14k▲
Other operating charges640/8€2k€6k▲
Non-recurring operating charges66A-€8k
Gross operating margin9900€131k€336k▲
Operating profit (loss)9901€48k€23k▼
Financial income75/76B€376€50▼
Recurring financial income75€376€50▼
Financial charges65/66B€129€13k▲
Recurring financial charges65€129€13k▲
Profit (loss) for the period before taxes9903€48k€10k▼
Income taxes67/77€11k€7k▼
Profit (loss) for the period9904€38k€3k▼
Profit (loss) for the period to be appropriated9905€38k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€41k▲
Profit (loss) brought forward from the previous period14P-€38k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-04
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · GLOBAL ELEC BV GRENSSTRAAT 79, 1210 SINT-JOOST-TEN-NODE · event 21-04-2026
19-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL GLOBAL ELEC RUE DE LA LIMITE 79, 1210 SAINT-JOSSE-TEN-NOODE · event 09-03-2026
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
SignalNBB filing
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
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.
Ground area
182 m²
Building footprint
171 m²
Volume, LiDAR
3,009 m³
Parcel 21014A0537/00S008, Brussels · tallest building 19.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
GLOBAL ELEC
since 20222.327.843.018
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0537/00S008 | Brussels | 182 m² | 1 · 171 m² | 19.8 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GAUTIER PIRARD AVENUE FRANKLIN ROOSE-
VELT 51, 1050 IXELLES |
09-03-2026 → present |
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,586 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.