GLOBAL ELECTRO-CONSTRUCTION
ActiveThe computed 12-month bankruptcy probability of GLOBAL ELECTRO-CONSTRUCTION is 3.6% (moderate). The 2025 annual accounts show equity of €45k and a net result of €6k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 27450 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+74
Solvency100▲+27
Growth52=
Track record94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.86 against 1.79 in 2024; short-term debt: 23.8% and cash: 20.2% of total assets), and 23.8% 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 · 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
76.2%
Return on assets
9.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
24 d late
2022
82 d late
2021
27 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▲ 14.4%
2024 · €40k
2021: €19k
2022: €42k
2023: €49k
2024: €40k
2021 → 2025
Total assets
€60k▼ 27.5%
2024 · €82k
2021: €34k
2022: €76k
2023: €88k
2024: €82k
2021 → 2025
Net result
€6k
2024 · €-9k
2021: €15k
2022: €23k
2023: €7k
2024: €-9k
2021 → 2025
Working capital
€41k▲ 29.8%
2024 · €31k
2021: €18k
2022: €39k
2023: €42k
2024: €31k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€42k▲ 123%€49k▲ 17.2%€40k▼ 18.5%€45k▲ 14.4%
Operating result€20k-€29k▲ 43.9%€11k▼ 63.5%€-7k€7k
Net result€15k-€23k▲ 50.8%€7k▼ 68.7%€-9k€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60k
Fixed assets
€5k▼ 57.1%
Current assets
€55k▼ 22.9%
Equity and liabilities €60k
Equity
€45k▲ 14.4%
Debt
€14k▼ 66.7%
The debt ratio falls from 51.7% to 23.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2024 · €326
Cash flow
€14k▲
2024 · €-1k
Solvency
76.2%▲
2024 · 48.3%
Current ratio
3.86▲
2024 · 1.79
Quick ratio
3.86▲
2024 · 1.79
Debt / equity
0.31▼
2024 · 1.07
ROE
12.6%▲
2024 · -22.6%
ROA
9.6%▲
2024 · -10.9%
Interest coverage
15.01▲
2024 · 0.18
Debt
€14k▼
2024 · €43k
Debt ≤ 1 year
€14k▼
2024 · €40k
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€82k€60k▼
Fixed assets21/28€11k€5k▼
Tangible fixed assets22/27€11k€5k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€11k€3k▼
Current assets29/58€71k€55k▼
Amounts receivable within one year40/41€61k€41k▼
Trade receivables40€61k€39k▼
Other amounts receivable41€103€3k▲
Cash at bank and in hand54/58€9k€12k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€82k€60k▼
Equity10/15€40k€45k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€36k€42k▲
Amounts payable17/49€43k€14k▼
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€40k€14k▼
Current portion of amounts payable after more than one year42€6k€3k▼
Trade debts44€19k€11k▼
Suppliers440/4€19k€11k▼
Taxes, remuneration and social security45€8k-
Taxes450/3€2k-
Remuneration and social security454/9€7k-
Other amounts payable47/48€6k-
Income statement
Code20242025
Remuneration, social security and pensions62€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€903€485▼
Gross operating margin9900€5k€15k▲
Operating profit (loss)9901€-7k€7k▲
Financial income75/76B€62€99▲
Recurring financial income75€62€99▲
Financial charges65/66B€2k€969▼
Recurring financial charges65€2k€969▼
Profit (loss) for the period before taxes9903€-9k€6k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-9k€6k▲
Profit (loss) for the period to be appropriated9905€-9k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€42k▲
Profit (loss) brought forward from the previous period14P€45k€36k▼
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 3.86
Current ratio from 1.79 to 3.86; short-term debt falls from €40k to €14k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-9k ▼226%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
21-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 82 days late
2022
31-12
Financial
Highest result since 2021net €23k ▲50.8%
Operating result €29k, net result €23k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 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, Vorst · 1 establishment unit since 2021
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.
Luttrebruglaan 1551190 VorstGround area
125 m²
Building footprint
86 m²
Volume, LiDAR
795 m³
Parcel 21007A0061/00M020, Brussels · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GLOBAL ELECTRO-CONSTRUCTION
since 20212.315.174.818
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0061/00M020 | Brussels | 125 m² | 1 · 86 m² | 13.8 m · 3 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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Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 8,483 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.