Summary
IDElectrical is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €10k and a net result of €-3k. Equity is shrinking by ~13% per year across the filed fiscal years. Its solvency ranks better than 80% of 8023 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-05-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
29 d early
2023
28 d early
2022
27 d early
2021
33 d early
2020
32 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 20.7%
2024 · €13k
2018: €33k
2019: €25k
2020: €23k
2021: €20k
2022: €18k
2023: €16k
2024: €13k
2018 → 2025
Net result
€-3k▼ 3.2%
2024 · €-3k
2018: €1k
2019: €-8k
2020: €-2k
2021: €-2k
2022: €-2k
2023: €-2k
2024: €-3k
2018 → 2025
Total assets
€12k▼ 4.2%
2024 · €13k
2018: €34k
2019: €29k
2020: €23k
2021: €20k
2022: €18k
2023: €16k
2024: €13k
2018 → 2025
Solvency
82.7%▼ 17.3pp
2024 · 100.0%
2018: 98.2%
2019: 86.2%
2020: 98.5%
2021: 100.0%
2022: 100.0%
2023: 100.0%
2024: 100.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€18k▼ 12.1%€16k▼ 13.4%€13k▼ 16.7%€10k▼ 20.7%
Operating result€-2k-€-2k▼ 8.7%€-2k▲ 3.4%€-2k▼ 5.7%€-3k▼ 5.0%
Net result€-2k-€-2k▼ 9.8%€-2k▲ 3.3%€-3k▼ 8.4%€-3k▼ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
Equity and liabilities €12k
Equity
€10k
Debt
€2k
Debt finances 17.3% of the balance-sheet total.
Key figures and ratios
ROE
-26.1%▼
2024 · -20.1%
ROA
-21.6%▼
2024 · -20.1%
Debt ≤ 1 year
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13k€12k▼
Current assets29/58€13k€12k▼
Amounts receivable within one year40/41€13k€12k▼
Other amounts receivable41€13k€12k▼
Cash at bank and in hand54/58€71€39▼
Equity and liabilities
Total equity and liabilities10/49€13k€12k▼
Equity10/15€13k€10k▼
Contributions10/11€16k€16k=
Outside capital11€16k-
Other1109/19€16k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-5k€-8k▼
Amounts payable17/49-€2k
Amounts payable within one year42/48-€2k
Trade debts44-€2k
Suppliers440/4-€2k
Income statement
Code20242025
Other operating charges640/8€575€581▲
Gross operating margin9900€-2k€-2k▼
Operating profit (loss)9901€-2k€-3k▼
Financial charges65/66B€191€153▼
Recurring financial charges65€191€153▼
Profit (loss) for the period before taxes9903€-3k€-3k▼
Profit (loss) for the period9904€-3k€-3k▼
Profit (loss) for the period to be appropriated9905€-3k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-8k▼
Profit (loss) brought forward from the previous period14P€-2k€-5k▼
The notes to these accounts (1 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
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-8k ▼679%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Verviers
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.
Rue Jean Koch 164800 VerviersGround area
1,435 m²
Building footprint
410 m²
Volume, LiDAR
2,513 m³
Parcel 63043B0353/00H002, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63043B0353/00H002 | Wallonia | 1,435 m² | 1 · 410 m² | 6.9 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.
Similar companies · same sector, comparable size
CADASTO
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STELKA
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FREDCO
BE 0743.674.650
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SIEBERT CHRISTIAENS
BE 1015.364.920
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Joyce Holding
BE 0737.643.725
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 5,171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-03-2008
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.