HOLVOET ELECTRO
ActiveHOLVOET ELECTRO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.13M and a net result of €82k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 10252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 4.8 against 5.29 in 2024; short-term debt: 16.8% and cash: 22.5% of total assets), and 17.8% of the assets are financed with debt.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
82.2%
Return on assets
6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
3 d early
2023
2 d early
2022
1 d early
2021
on the day
2020
4 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.13M▲ 7.8%
2024 · €1.05M
2019: €962k
2020: €1.02M
2021: €1.05M
2022: €1.08M
2023: €1.20M
2024: €1.05M
2019 → 2025
Total assets
€1.37M▲ 8.1%
2024 · €1.27M
2019: €1.20M
2020: €1.18M
2021: €1.20M
2022: €1.23M
2023: €1.30M
2024: €1.27M
2019 → 2025
Net result
€82k▼ 37.8%
2024 · €132k
2019: €73k
2020: €60k
2021: €70k
2022: €144k
2023: €125k
2024: €132k
2019 → 2025
Working capital
€872k▲ 4.0%
2024 · €839k
2019: €737k
2020: €777k
2021: €839k
2022: €871k
2023: €1.00M
2024: €839k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.05M-€1.08M▲ 2.5%€1.20M▲ 11.7%€1.05M▼ 13.0%€1.13M▲ 7.8%
Operating result€112k-€210k▲ 87.0%€169k▼ 19.5%€161k▼ 4.7%€116k▼ 28.2%
Net result€70k-€144k▲ 107%€125k▼ 12.9%€132k▲ 5.2%€82k▼ 37.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.37M
Fixed assets
€269k▲ 15.1%
Current assets
€1.10M▲ 6.6%
Equity and liabilities €1.37M
Equity
€1.13M▲ 7.8%
Debt
€244k▲ 9.5%
The debt ratio rises from 17.5% to 17.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€135k▼
2024 · €181k
Cash flow
€101k▼
2024 · €152k
Solvency
82.2%▼
2024 · 82.5%
Current ratio
4.80▼
2024 · 5.29
Quick ratio
3.03▲
2024 · 2.99
Debt / equity
0.22▲
2024 · 0.21
ROE
7.3%▼
2024 · 12.6%
ROA
6.0%▼
2024 · 10.4%
Interest coverage
8.49▲
2024 · -45.08
Debt
€244k▲
2024 · €222k
Debt ≤ 1 year
€230k▲
2024 · €196k
Debt > 1 year
€5k▼
2024 · €16k
Income taxes
€40k▼
2024 · €56k
Staff costs
€90k▼
2024 · €117k
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€1.27M€1.37M▲
Fixed assets21/28€233k€269k▲
Intangible fixed assets21€1k€638▼
Tangible fixed assets22/27€207k€243k▲
Land and buildings22€176k€170k▼
Plant, machinery and equipment23€3k€10k▲
Furniture and vehicles24€27k€64k▲
Financial fixed assets28€25k€25k=
Current assets29/58€1.03M€1.10M▲
Amounts receivable after more than one year29€50k€50k=
Other amounts receivable291€50k€50k=
Stocks and contracts in progress3€450k€407k▼
Stocks30/36€450k€407k▼
Amounts receivable within one year40/41€19k€26k▲
Trade receivables40€11k€17k▲
Other amounts receivable41€8k€8k▲
Current investments50/53€306k€309k▲
Cash at bank and in hand54/58€207k€309k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.27M€1.37M▲
Equity10/15€1.05M€1.13M▲
Contributions10/11€19k€19k=
Reserves13€1.03M€1.11M▲
Tax-exempt reserves132€18k€18k=
Distributable reserves133€1.01M€1.09M▲
Amounts payable17/49€222k€244k▲
Amounts payable after more than one year17€16k€5k▼
Financial debts170/4€16k€5k▼
Amounts payable within one year42/48€196k€230k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€36k€72k▲
Suppliers440/4€36k€72k▲
Taxes, remuneration and social security45€10k€10k▲
Taxes450/3€10k€4k▼
Remuneration and social security454/9€0€5k▲
Other amounts payable47/48€140k€137k▼
Accrued charges and deferred income492/3€11k€8k▼
Income statement
Code20242025
Non-recurring operating income76A€207€4k▲
Remuneration, social security and pensions62€117k€90k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€303k€229k▼
Operating profit (loss)9901€161k€116k▼
Financial income75/76B€22k€22k▼
Recurring financial income75€22k€22k▼
Financial charges65/66B€-4k€16k▲
Recurring financial charges65€-4k€16k▲
Profit (loss) for the period before taxes9903€188k€122k▼
Income taxes67/77€56k€40k▼
Profit (loss) for the period9904€132k€82k▼
Profit (loss) for the period to be appropriated9905€132k€82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€132k€82k▼
Transfer to equity691/2€132k€82k▼
To other reserves6921€132k€82k▼
Social balance
Average headcount (FTE)90872.01.6▼
The notes to these accounts (20 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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €144k ▲107%
Operating result €210k, net result €144k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €60k ▼17.5%
Net result drops to €60k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €1MEq €1.02M ▲6.1%
2 profitable years in a row build equity to €1.02M.
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Menen · 1 establishment unit since 2004
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.
Rijselstraat 508930 MenenGround area
224 m²
Building footprint
218 m²
Volume, LiDAR
1,560 m³
Parcel 34027E0731/00S000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Holvoet Electro
since 20042.143.646.055
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027E0731/00S000 | Flanders | 224 m² | 1 · 218 m² | 11.8 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 1,511 companies in sector 47540 we hold annual accounts for 805. 494 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2004
Fiscal year end30-06
Activities, NACEBEL
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.