HDB Elektrics

Active

Private limited companyfounded 2024active for 2 yearsOud-Slachthuisstraat 19, 8870 Izegem, BelgiumKBO/BCE: BE 1009.101.886

Summary

The computed 12-month bankruptcy probability of HDB Elektrics is 1.6% (moderate). The 2025 annual accounts show equity of €40,425 and a net result of €38,284. Its solvency ranks better than 78% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

HDB ElektricsActiveChecked score 58/100

Risk analysis Report Compare

Activity

General electrical installation work

NACE 43211

1 site

Size

≈ €190,000turnover 2025, estimated

Equity: €40,425
Profit: €38,284

Turnover estimated from the gross margin

Financial health

58 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.6%

Structure

Maarten HeldenberghDirector

2025 accounts 43 days early

Why 58raises riskFounded in 20241 change of registered office in 24 monthsSize: total assets €55,941lowers riskLiquidity: current ratio 3.08, cash €14,843Show the evidence

Checked score

Score 2025

58 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 80% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 97

equity 72.3% of total assets

Liquidity 72

short-term debt 27.7% · cash 26.5%

Profitability 100

return on assets 68.4%

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)

Last 24 months 06-2025: 1.9% 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 2.0%▲ +0.1 percentage points vs 07-2025 09-2025: 2.4%▲ +0.4 percentage points vs 08-2025 10-2025: 2.7%▲ +0.3 percentage points vs 09-2025 11-2025: 2.7%● unchanged vs 10-2025 12-2025: 3.0%▲ +0.3 percentage points vs 11-2025highest value 01-2026: 0.6%▼ -2.4 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026lowest value 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.6%▲ +0.5 percentage points vs 09-2026

Credit of up to €2,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.08, above the usual 1.5; short-term debt: 27.7% and cash: 26.5% of total assets), and 27.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 78% on solvency, 71% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Founded in 2024

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 3.08, cash €14,843

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Size: total assets €55,941

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

43 days early

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2024.

KBO publications · our coverage

16-07-2026 Registered officeRegistered-office move
19-12-2025 Annual accounts filedfinancial year 2025 · micro…
08-05-2024 IncorporationAppointment: Maarten Heldenbergh (statutory director)…

Key points

Positive: Among the best 20% on net resultsector median €10,232 · 34,842 companies €38,284 View
One director decidessole director in office 1 View
Total assets 2025first financial year filed €55,941 View

By topic

Financials

Financial year: 2025
Total assets: €55,941
Profit: €38,284
Solvency: 72.3%

Go to Financials

Board & ownership

Board: 1 member

Maarten HeldenberghDirector

Go to Board & ownership

Timeline

Events: 3
Since: 2024

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General electrical installation workNACE 43211
Founded: 06-05-2024
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 9

Who signs: Each director alone
Annual meeting: Third Thursday of December at 19:00

Go to Articles of association

Key facts about HDB Elektrics

What is the company number of HDB Elektrics?: 1009.101.886. In Belgium the VAT number is the company number with BE in front: BE 1009.101.886.
Where is HDB Elektrics based?: The registered office is at Oud-Slachthuisstraat 19, 8870 Izegem.Company details
What does HDB Elektrics do?: According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of HDB Elektrics?: Private limited company (BV).
When was HDB Elektrics founded?: On 06-05-2024.
Is HDB Elektrics still active?: Yes, HDB Elektrics is an active enterprise in the KBO register.
What is the turnover of HDB Elektrics?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is HDB Elektrics profitable?: In financial year 2025, HDB Elektrics made a profit of €38,284.
Where can I find the annual accounts of HDB Elektrics?: HDB Elektrics filed 1 annual account with the National Bank of Belgium, for financial year 2025.