J.V. Elektro
ActiveJ.V. Elektro has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €634k and a net result of €-64k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-7
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
short-term debt: 0.4% and cash: 63.8% of total assets, and 0.4% 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
99.6%
Return on assets
-10%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-64k
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 18-03-2026, 135 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
135 d early
2024
29 d late
2023
61 d late
2022
35 d early
2021
47 d late
2020
31 d late
2019
49 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€634k▼ 12.1%
2024 · €721k
2018: €351k
2019: €375k
2020: €433k
2021: €302k
2022: €428k
2023: €786k
2024: €721k
2018 → 2025
Total assets
€637k▼ 26.6%
2024 · €868k
2018: €584k
2019: €603k
2020: €694k
2021: €835k
2022: €963k
2023: €1.02M
2024: €868k
2018 → 2025
Net result
€-64k▼ 68.2%
2024 · €-38k
2018: €29k
2019: €24k
2020: €57k
2021: €50k
2022: €126k
2023: €431k
2024: €-38k
2018 → 2025
Working capital
€592k▼ 6.4%
2024 · €632k
2018: €276k
2019: €240k
2020: €376k
2021: €437k
2022: €558k
2023: €688k
2024: €632k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€302k-€428k▲ 41.6%€786k▲ 83.6%€721k▼ 8.3%€634k▼ 12.1%
Operating result€71k-€190k▲ 170%€638k▲ 235%€-55k€-73k▼ 32.6%
Net result€50k-€126k▲ 153%€431k▲ 242%€-38k€-64k▼ 68.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €73k in 2025 against €55k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €637k
Fixed assets
€42k▼ 67.4%
Current assets
€595k▼ 19.5%
Equity and liabilities €637k
Equity
€634k▼ 12.1%
Debt
€3k▼ 98.2%
The debt ratio falls from 16.9% to 0.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-44k▼
2024 · €-6k
Cash flow
€-35k▼
2024 · €11k
Solvency
99.6%▲
2024 · 83.1%
Debt / equity
0.00▼
2024 · 0.20
ROE
-10.1%▼
2024 · -5.3%
ROA
-10.0%▼
2024 · -4.4%
Interest coverage
-19.20▼
2024 · -2.39
Debt
€3k▼
2024 · €146k
Debt ≤ 1 year
€3k▼
2024 · €106k
Debt > 1 year
€0▼
2024 · €40k
Income taxes
€385▼
2024 · €413
A ratio outside any meaningful range has been withheld (balance sheet total €637k, equity €634k).
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€868k€637k▼
Fixed assets21/28€129k€42k▼
Intangible fixed assets21€321€0▼
Tangible fixed assets22/27€128k€42k▼
Land and buildings22€43k€33k▼
Plant, machinery and equipment23€3k€669▼
Furniture and vehicles24€2k€9k▲
Leasing and similar rights25€79k€0▼
Financial fixed assets28€1k€0▼
Current assets29/58€738k€595k▼
Amounts receivable within one year40/41€110k€183k▲
Trade receivables40€8k€3k▼
Other amounts receivable41€102k€181k▲
Current investments50/53€550k€0▼
Cash at bank and in hand54/58€74k€406k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€868k€637k▼
Equity10/15€721k€634k▼
Contributions10/11€19k€19k=
Reserves13€729k€706k▼
Distributable reserves133€729k€706k▼
Profit (loss) carried forward14€-27k€-91k▼
Amounts payable17/49€146k€3k▼
Amounts payable after more than one year17€40k€0▼
Financial debts170/4€40k€0▼
Amounts payable within one year42/48€106k€3k▼
Current portion of amounts payable after more than one year42€32k€0▼
Financial debts43€21€0▼
Credit institutions430/8€21€0▼
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Advances received on contracts in progress46-€130
Taxes, remuneration and social security45€73k€0▼
Taxes450/3€73k€0▼
Remuneration and social security454/9€0-
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€29k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€-7k▼
Other operating charges640/8€8k€25k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€-746€-15k▼
Operating profit (loss)9901€-55k€-73k▼
Financial income75/76B€20k€12k▼
Recurring financial income75€20k€12k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-38k€-64k▼
Income taxes67/77€413€385▼
Profit (loss) for the period9904€-38k€-64k▼
Profit (loss) for the period to be appropriated9905€-38k€-64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-91k▼
Profit (loss) brought forward from the previous period14P-€-27k
Transfer from equity791/2€38k€23k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€27k€23k▼
Return on contributions (dividend)694€27k€23k▼
The notes to these accounts (21 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
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series.
31-12
Financial
Liquidity times 33current ratio 227.77
Current ratio from 6.96 to 227.77; short-term debt falls from €106k to €3k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Highest result since 2018net €431k ▲242%
Operating result €638k, net result €431k, both a record.
31-12
Financial
Equity above €500kEq €786k ▲83.6%
6 profitable years in a row build equity to €786k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 47 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
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, Bredene · 1 establishment unit since 2000
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.
Breeweg 268450 BredeneGround area
610 m²
Building footprint
178 m²
Volume, LiDAR
870 m³
Parcel 35002B0173/00R000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
J.V. Elektro
since 20002.097.077.048
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35002B0173/00R000 | Flanders | 610 m² | 1 · 178 m² | 8.1 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.
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
Elektriciteitswerken Feys
BE 0438.353.094
Oostkamp · Eq €633k
FRANQUET
BE 0446.057.171
Mons · Eq €636k
HEATREX
BE 0644.820.861
Wielsbeke · Eq €632k
A.L.L.
BE 0465.649.884
Merelbeke-Melle · Eq €632k
ELECTRICITE ALAIN SCHOONBROODT
BE 0476.461.921
Herve · Eq €636k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 5,893 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-1999
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.