Grade Electrical Safety & Engineering
ActiveGrade Electrical Safety & Engineering has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1k and a net result of €88k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 7002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency26=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
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
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
0.7%
Return on assets
62.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7002 sector peers (2025).
NBB · sector comparisonPosition among 7002 sector peers
Solvency
better than 14%
← weakest
strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
24 d early
2024
30 d early
2023
22 d early
2022
18 d early
2021
16 d late
2020
31 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1k=
2024 · €1k
2020: €34k
2021: €56k
2022: €91k
2023: €121k
2024: €1k
2020 → 2025
Total assets
€142k▼ 13.1%
2024 · €163k
2020: €48k
2021: €69k
2022: €114k
2023: €148k
2024: €163k
2020 → 2025
Net result
€88k▼ 24.4%
2024 · €117k
2020: €34k
2021: €22k
2022: €35k
2023: €30k
2024: €117k
2020 → 2025
Working capital
€-15k▲ 11.4%
2024 · €-17k
2020: €23k
2021: €46k
2022: €70k
2023: €104k
2024: €-17k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€91k▲ 61.9%€121k▲ 32.4%€1k▼ 99.2%€1k=
Operating result€30k-€45k▲ 52.4%€42k▼ 7.8%€145k▲ 246%€101k▼ 30.5%
Net result€22k-€35k▲ 56.6%€30k▼ 15.3%€117k▲ 296%€88k▼ 24.4%
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 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€24k▼ 12.1%
Current assets
€117k▼ 13.3%
Equity and liabilities €142k
Equity
€1k=
Debt
€141k▼ 13.1%
The debt ratio falls from 99.4% to 99.3%. Debt is lower.
Key figures and ratios
EBITDA
€107k▼
2024 · €153k
Cash flow
€95k▼
2024 · €125k
Solvency
0.7%▲
2024 · 0.6%
Current ratio
0.88▼
2024 · 0.89
Quick ratio
0.88▼
2024 · 0.89
ROA
62.4%▼
2024 · 71.7%
Interest coverage
34.82▲
2024 · 31.55
Debt
€141k▼
2024 · €162k
Debt ≤ 1 year
€133k▼
2024 · €153k
Debt > 1 year
€8k▼
2024 · €9k
Income taxes
€11k▼
2024 · €32k
Staff costs
€250▼
2024 · €1k
A ratio outside any meaningful range has been withheld (balance sheet total €142k, equity €1k).
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€163k€142k▼
Fixed assets21/28€28k€24k▼
Tangible fixed assets22/27€28k€24k▼
Plant, machinery and equipment23€24k€22k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€135k€117k▼
Amounts receivable within one year40/41€56k€45k▼
Trade receivables40€56k€34k▼
Other amounts receivable41€0€11k▲
Current investments50/53€0€22k▲
Cash at bank and in hand54/58€78k€50k▼
Deferred charges and accrued income490/1€1k€910▼
Equity and liabilities
Total equity and liabilities10/49€163k€142k▼
Equity10/15€1k€1k=
Contributions10/11€1k€1k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€0€0=
Amounts payable17/49€162k€141k▼
Amounts payable after more than one year17€9k€8k▼
Financial debts170/4€9k€8k▼
Amounts payable within one year42/48€153k€133k▼
Current portion of amounts payable after more than one year42€1k€1k▲
Trade debts44€9k€9k▲
Suppliers440/4€9k€9k▲
Advances received on contracts in progress46€9k€471▼
Taxes, remuneration and social security45€30k€14k▼
Taxes450/3€30k€14k▼
Other amounts payable47/48€104k€108k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1k€250▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€1k€591▼
Non-recurring operating charges66A€0€9k▲
Gross operating margin9900€155k€117k▼
Operating profit (loss)9901€145k€101k▼
Financial income75/76B€9k€990▼
Recurring financial income75€9k€990▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€149k€99k▼
Income taxes67/77€32k€11k▼
Profit (loss) for the period9904€117k€88k▼
Profit (loss) for the period to be appropriated9905€117k€88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€117k€88k▼
Transfer from equity791/2€121k€88k▼
Transfer to equity691/2€0€88k▲
To other reserves6921€0€88k▲
Profit to be distributed694/7€238k€88k▼
Return on contributions (dividend)694€238k€88k▼
The notes to these accounts (7 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €117k ▲296%
Operating result €145k, net result €117k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €121k ▲32.4%
4 profitable years in a row build equity to €121k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Weakest financial yearnet €22k ▼34.5%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 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, Mechelen · 1 establishment unit since 2019
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.
Fazantenstraat(LST) 252811 MechelenGround area
533 m²
Building footprint
132 m²
Volume, LiDAR
637 m³
Parcel 12020B0218/00X000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Grade Electrical Safety & Engineering
since 20192.289.167.534
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12020B0218/00X000 | Flanders | 533 m² | 1 · 132 m² | 6.5 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.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 832 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2019
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.