J'SELECT ELECTRICITE GENERALE
ActiveJ'SELECT ELECTRICITE GENERALE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €-32k. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 40% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-66
Solvency63▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.37 in 2024; short-term debt: 55% and cash: 35.2% of total assets), and 61.7% 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.
+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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.3%
Return on assets
-14.2%
Age of the figures
9 mo
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
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 01-07-2026, 30 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
30 d early
2024
45 d early
2023
28 d early
2022
21 d early
2021
34 d early
2020
31 d early
2019
29 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▼ 27.0%
2024 · €119k
2019: €26k
2020: €167k
2021: €186k
2022: €108k
2023: €118k
2024: €119k
2019 → 2025
Total assets
€227k▼ 34.5%
2024 · €347k
2019: €169k
2020: €377k
2021: €335k
2022: €383k
2023: €377k
2024: €347k
2019 → 2025
Net result
€-32k
2024 · €1k
2019: €20k
2020: €140k
2021: €19k
2022: €10k
2023: €10k
2024: €1k
2019 → 2025
Working capital
€54k▼ 27.6%
2024 · €74k
2019: €-19k
2020: €129k
2021: €121k
2022: €41k
2023: €57k
2024: €74k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€186k-€108k▼ 41.9%€118k▲ 9.2%€119k▲ 0.9%€87k▼ 27.0%
Operating result€29k-€17k▼ 41.6%€17k▲ 2.7%€6k▼ 62.8%€-29k
Net result€19k-€10k▼ 49.4%€10k▲ 1.9%€1k▼ 88.9%€-32k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €29k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €227k
Fixed assets
€48k▼ 34.0%
Current assets
€179k▼ 34.7%
Equity and liabilities €227k
Equity
€87k▼ 27.0%
Debt
€140k▼ 38.4%
The debt ratio falls from 65.7% to 61.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€792▼
2024 · €38k
Cash flow
€-2k▼
2024 · €33k
Solvency
38.3%▲
2024 · 34.3%
Current ratio
1.43▲
2024 · 1.37
Quick ratio
1.43▲
2024 · 1.37
Debt / equity
1.61▼
2024 · 1.91
ROE
-37.0%▼
2024 · 0.9%
ROA
-14.2%▼
2024 · 0.3%
Interest coverage
0.25▼
2024 · 11.22
Debt
€140k▼
2024 · €228k
Debt ≤ 1 year
€125k▼
2024 · €199k
Debt > 1 year
€15k▼
2024 · €28k
Income taxes
€152▼
2024 · €3k
Staff costs
€129k▼
2024 · €283k
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€347k€227k▼
Fixed assets21/28€73k€48k▼
Intangible fixed assets21€10k€4k▼
Tangible fixed assets22/27€61k€43k▼
Land and buildings22€1k€578▼
Furniture and vehicles24€60k€42k▼
Financial fixed assets28€1k€1k=
Current assets29/58€274k€179k▼
Amounts receivable within one year40/41€125k€94k▼
Trade receivables40€106k€79k▼
Other amounts receivable41€19k€15k▼
Cash at bank and in hand54/58€140k€80k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€347k€227k▼
Equity10/15€119k€87k▼
Contributions10/11€19k€19k=
Reserves13€11k€11k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€89k€57k▼
Amounts payable17/49€228k€140k▼
Amounts payable after more than one year17€28k€15k▼
Financial debts170/4€28k€15k▼
Amounts payable within one year42/48€199k€125k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€82k€45k▼
Suppliers440/4€82k€45k▼
Taxes, remuneration and social security45€52k€14k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€50k€13k▼
Other amounts payable47/48€52k€52k=
Income statement
Code20242025
Remuneration, social security and pensions62€283k€129k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€30k▼
Other operating charges640/8€832€703▼
Non-recurring operating charges66A€277€129▼
Gross operating margin9900€322k€131k▼
Operating profit (loss)9901€6k€-29k▼
Financial income75/76B€2k€3▼
Recurring financial income75€2k€3▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€5k€-32k▼
Income taxes67/77€3k€152▼
Profit (loss) for the period9904€1k€-32k▼
Profit (loss) for the period to be appropriated9905€1k€-32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€57k▼
Profit (loss) brought forward from the previous period14P€88k€89k▲
The notes to these accounts (11 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-32k ▼3018%
Net result drops to €-32k, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €140k ▲599%
Operating result €180k, net result €140k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.75
Current ratio from 0.86 to 1.75.
31-12
Financial
Equity above €150kEq €167k ▲534%
2 profitable years in a row build equity to €167k.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro 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, Liège · 1 establishment unit since 2018
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 du Couvent 1654020 LiègeGround area
3,506 m²
Parcel 62059B0429/00A004, Wallonia. Linked by address, not a title deed.
1 establishment unit
J'SELECT ELECTRICITE GENERALE
since 20182.278.682.824
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62059B0429/00A004 | Wallonia | 3,506 m² | - | - |
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
ELYOS
BE 0682.866.934
Anderlecht · Eq €87k
ELEKTRICITEIT PROJECTEN QUIRIJNEN
BE 0743.848.755
Merksplas · Eq €87k
AGACOM
BE 0466.743.709
Namur · Eq €87k
DIVO TECHNICS
BE 0663.954.706
Lanaken · Eq €87k
E.S.D.V.
BE 0886.643.643
Ternat · Eq €87k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,815 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2018
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.