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Govaerts elektro 2000

Active
Public limited companyfounded 1999active for 27 yearsMexicostraat 9, 2030 Antwerpen, BelgiumKBO/BCE: BE 0466.982.645
Summary

Govaerts elektro 2000 has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €77,187. Equity has been growing by about 9.3% per year since 2019. Its solvency ranks better than 31% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-10-1999 Normal situation
Activity
Wholesale of electrical household appliances and audio-video equipment NACE 46431and 2 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 30-09-2025
Establishment units
2.092.546.752 2030 Antwerpen, since 18-10-1999
2.271.345.862 2950 Kapellen, since 15-09-2017and 1 other
Financial year end
30 September
Peppol
Reachable since 07-10-2025

Board and ownership

Board
Shareholders
  • switchSG2025 annual accounts of switchSG

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-09-2025
Gross margin
€1.4m
▲ 4.6%
Turnover
≈ €5.9m
estimated
Profit
€77,187
▼ 26.5%
Equity
€1.1m
▲ 0.2%
Total assets
€4.4m
▼ 7.5%
Employees on 30-09-2025
14
▼ 6.7%
Score breakdownraises riskLiquidity: current ratio 1.27, cash €209,974Size: 13.4 FTE, total assets €4.4mlowers riskFounded in 1999Figures for financial year 2025 (filed on 06-05-2026)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 35% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 50+2
equity 24.5% of total assets
Liquidity 31+7
short-term debt 50.0% · cash 4.8%
Profitability 62-4
return on assets 1.7%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.2 percentage points vs 03-2025 05-2025: 0.8%▲ +0.3 percentage points vs 04-2025 06-2025: 0.6%▼ -0.2 percentage points vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged 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: 0.7%▲ +0.1 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.2 percentage points vs 03-2026 05-2026: 1.4%▲ +0.5 percentage points vs 04-2026highest value 06-2026: 0.4%▼ -1.0 percentage point vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.27 (1.13 in 2024), below the usual 1.5. Short-term debt is 50% and cash 4.8% of total assets. 75.5% 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 46, small). It does better than 28% of them on solvency, 31% on liquidity, 49% on profitability and 35% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.27, cash €209,974
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 13.4 FTE, total assets €4.4m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 06-05-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
5 days early
2022
3 days early
2021
2 days early
2020
17 days early
2019
on the day
← 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 4 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Higher gross margin than 91% of companies in wholesale tradesector median €190,328 · 9,811 companies €1.4m View
  • Positive: 7 profitable years in a rowprofit 2025: €77,187 7 years View

Recent changes

  1. · Gazette deed 2 directors appointed, 2 reappointedReappointments: SwitchSG BV (director) and Govaerts Electriciteitsbenodigdheden NV (director) · Permanent representatives: Sébastien Govaerts and Frédéric Govaerts · Appointments: SwitchSG BV (managing director) and Govaerts Electriciteitsbenodigdheden NV (managing director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as Govaerts elektro 2000: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €2.5m and €4.7m, founded between 1993 and 1999.

CompanyTotal assetsGross margin
Govaerts elektro 2000 Antwerpen€4.4m€1.4m
JADE Deinze€4.7m€1.4m
VAN GILS Beernem€2.5m€1.2m
V.I.P. SRL Fleurus€4.5m€1.7m
HOUSE OF MUSIC Gavere€4.6m€1.2m
A. LEMAIRE DISTRIBUTION Malmedy€2.5m€1.3m
TEKNA Lokeren€3.9m€1.2m
Full comparison

Key facts about Govaerts elektro 2000

What is the company number of Govaerts elektro 2000?
The company number of Govaerts elektro 2000 is 0466.982.645. The VAT number is the same number with BE in front: BE 0466.982.645.
Where is Govaerts elektro 2000 based?
The registered office is at Mexicostraat 9, 2030 Antwerpen.Company details
What does Govaerts elektro 2000 do?
According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
What is the legal form of Govaerts elektro 2000?
The legal form of Govaerts elektro 2000 is Public limited company (NV).
When was Govaerts elektro 2000 founded?
Govaerts elektro 2000 was founded on 04-10-1999.
Is Govaerts elektro 2000 still active?
Yes, Govaerts elektro 2000 is an active enterprise in the KBO register.
How many employees does Govaerts elektro 2000 have?
Govaerts elektro 2000 had an average of 13.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Govaerts elektro 2000 fall under?
In its 30-09-2025 annual accounts, Govaerts elektro 2000 states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
What is the turnover of Govaerts elektro 2000?
The turnover in financial year 2025 is ≈ €5.9m. This figure is estimated from the gross margin of €1.4m and 98 comparable companies (NACE 46). It probably lies between €3.6m and €10.0m.
Is Govaerts elektro 2000 profitable?
In financial year 2025, Govaerts elektro 2000 made a profit of €77,187.
Where can I find the annual accounts of Govaerts elektro 2000?
Govaerts elektro 2000 filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Govaerts elektro 2000 due?
Govaerts elektro 2000 must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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