INGELS ELECTRO-TECHNIEK
ActiveINGELS ELECTRO-TECHNIEK has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.02M and a net result of €737k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 62% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
93
/ 100
Excellent▲ +4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency93▲+30
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.33 in 2024), and 45.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
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
54.1%
Return on assets
39.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
27 d early
2023
1 d early
2022
31 d early
2021
31 d early
2020
19 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close15-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.02M▲ 49.6%
2024 · €679k
2019: €281k
2020: €388k
2021: €494k
2022: €595k
2023: €612k
2024: €679k
2019 → 2025
Total assets
€1.88M▼ 0.8%
2024 · €1.89M
2019: €991k
2020: €1.29M
2021: €1.34M
2022: €1.38M
2023: €1.42M
2024: €1.89M
2019 → 2025
Net result
€737k▼ 22.8%
2024 · €954k
2019: €480k
2020: €507k
2021: €607k
2022: €401k
2023: €466k
2024: €954k
2019 → 2025
Working capital
€701k▲ 91.5%
2024 · €366k
2019: €268k
2020: €417k
2021: €388k
2022: €535k
2023: €340k
2024: €366k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€494k-€595k▲ 20.4%€612k▲ 2.7%€679k▲ 10.9%€1.02M▲ 49.6%
Operating result€673k-€464k▼ 31.0%€504k▲ 8.6%€1.02M▲ 102%€843k▼ 17.3%
Net result€607k-€401k▼ 33.9%€466k▲ 16.3%€954k▲ 105%€737k▼ 22.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.88M
Fixed assets
€354k▼ 13.4%
Current assets
€1.52M▲ 2.7%
Equity and liabilities €1.88M
Equity
€1.02M▲ 49.6%
Debt
€862k▼ 29.0%
The debt ratio falls from 64.1% to 45.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€972k▼
2024 · €1.14M
Cash flow
€866k▼
2024 · €1.08M
Solvency
54.1%▲
2024 · 35.9%
Current ratio
1.85▲
2024 · 1.33
Quick ratio
1.61▲
2024 · 1.22
Debt / equity
0.85▼
2024 · 1.79
ROE
72.6%▼
2024 · 140.6%
ROA
39.2%▼
2024 · 50.4%
Interest coverage
42.88▲
2024 · 25.88
Debt
€862k▼
2024 · €1.21M
Debt ≤ 1 year
€823k▼
2024 · €1.12M
Debt > 1 year
€29k▼
2024 · €64k
Income taxes
€108k▲
2024 · €33k
Staff costs
€332k▲
2024 · €295k
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€1.89M€1.88M▼
Fixed assets21/28€409k€354k▼
Tangible fixed assets22/27€409k€354k▼
Land and buildings22€18k€11k▼
Plant, machinery and equipment23€30k€44k▲
Furniture and vehicles24€360k€298k▼
Current assets29/58€1.48M€1.52M▲
Stocks and contracts in progress3€121k€200k▲
Stocks30/36€85k€91k▲
Contracts in progress37€36k€109k▲
Amounts receivable within one year40/41€763k€904k▲
Trade receivables40€638k€549k▼
Other amounts receivable41€124k€355k▲
Cash at bank and in hand54/58€588k€408k▼
Deferred charges and accrued income490/1€11k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.89M€1.88M▼
Equity10/15€679k€1.02M▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€616k€953k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k-
Reserves not available under the articles1311-€6k
Distributable reserves133€610k€947k▲
Amounts payable17/49€1.21M€862k▼
Amounts payable after more than one year17€64k€29k▼
Financial debts170/4€64k€29k▼
Amounts payable within one year42/48€1.12M€823k▼
Current portion of amounts payable after more than one year42€43k€36k▼
Trade debts44€213k€367k▲
Suppliers440/4€213k€367k▲
Taxes, remuneration and social security45€12k€20k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9€9k€15k▲
Other amounts payable47/48€850k€400k▼
Accrued charges and deferred income492/3€31k€10k▼
Income statement
Code20242025
Remuneration, social security and pensions62€295k€332k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€126k€130k▲
Other operating charges640/8€3k€33k▲
Gross operating margin9900€1.44M€1.34M▼
Operating profit (loss)9901€1.02M€843k▼
Financial income75/76B€13k€24k▲
Recurring financial income75€13k€24k▲
Financial charges65/66B€44k€23k▼
Recurring financial charges65€44k€23k▼
Profit (loss) for the period before taxes9903€988k€844k▼
Income taxes67/77€33k€108k▲
Profit (loss) for the period9904€954k€737k▼
Profit (loss) for the period to be appropriated9905€954k€737k▼
Appropriation of the result
Profit (loss) to be appropriated9906€954k€737k▼
Transfer from equity791/2€38k-
Transfer to equity691/2€104k€337k▲
To other reserves6921€104k€337k▲
Profit to be distributed694/7€888k€400k▼
Return on contributions (dividend)694€38k-
Directors or managers695€850k€400k▼
Social balance
Average headcount (FTE)90875.36.1▲
The notes to these accounts (8 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €1MEq €1.02M ▲49.6%
7 profitable years in a row build equity to €1.02M.
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €954k ▲105%
Operating result €1.02M, net result €954k, both a record.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €401k ▼33.9%
Net result drops to €401k, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €500kEq €595k ▲20.4%
4 profitable years in a row build equity to €595k.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-09
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
6 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, Kaprijke · 1 establishment unit since 2007
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.
Warande 209971 KaprijkeGround area
7,294 m²
Building footprint
1,107 m²
Volume, LiDAR
4,962 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INGELS ELECTRO-TECHNIEK
since 20072.164.158.585
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43009B1277/00A000 | Flanders | 5,641 m² | 1 · 436 m² | 10.2 m · 2 fl. |
| 44452B1506/00B000 | Flanders | 1,653 m² | 1 · 671 m² | 8.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 7,154 EUR awarded · 7,444 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 4,502 EUR | 4,492 EUR |
| 2024 | 1 | 1,527 EUR | 1,527 EUR |
| 2023 | 1 | 1,058 EUR | 1,358 EUR |
| 2022 | 1 | 67 EUR | 67 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
6 live approvals · 10 endedBeveiligingstechnicus duaal (so)
Elektrische installaties duaal (so)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Elektrotechnisch installateur (vwo)
Installateur elektrotechnische basiscomponenten duaal (so)
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Of 22,740 companies in sector 43211 we hold annual accounts for 10,273. 4,605 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-07-2007
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
80090Investigation and security activities
80200Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.