Financials
- Fiscal year
- 2025
- Total assets
- €275,031
- Profit
- €33,378
- Solvency
- 78.3%
Total assets▲ 13.3%
Net result
20182025
K-ELEC
ActiveSummary
K-ELEC has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €215,247 and a net result of €33,378. Equity is growing by ~48.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€275,031total assets 2025
- Staff
- 3.2 FTE
- Equity
- €215,247
- Profit
- €33,378
Turnover not published (abridged schema)
Structure
Accounts filed 29 d late0 of 4 deeds read
Why 67- Liquidity: current ratio 4.40, cash €620, halved- Latest accounts 29 days late; 1 of the last 3 late- Size: total assets €275,031- Sector Specialised construction activities (NACE 43)Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 64% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 78.3% of total assets
Liquidity
43-1
short-term debt 21.7% · cash 0.2%
Profitability
84-16
return on assets 12.1%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 9 months
02-2026: 0.6%
03-2026: 0.6%▼ -0.7% vs 02-2026
04-2026: 0.6%▲ +3.3% vs 03-2026
05-2026: 0.6%▼ -3.7% vs 04-2026lowest value
06-2026: 0.6%▲ +0.8% vs 05-2026
07-2026: 0.6%▲ +1.2% vs 06-2026
08-2026: 0.9%▲ +41.4% vs 07-2026
09-2026: 1.1%▲ +33.5% vs 08-2026highest value
10-2026: 1.1%● 0.0% vs 09-2026highest value
- Liquidity: current ratio 4.40, cash €620, halved raises the probability
- Latest accounts 29 days late; 1 of the last 3 late raises the probability
- Size: total assets €275,031 raises the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 4.4 against 3.75 in 2024; short-term debt: 21.7% and cash: 0.2% of total assets), and 21.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 33%, profitability 67%, growth against the median 66%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
28 d late
2023
61 d late
2022
28 d early
2021
19 d early
2020
74 d early
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 August (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Equity above €200,000Eq €215,247 ▲18.4%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 29-08-2026Annual accounts filed
- 31-12-2025Equity above €200,000
- 28-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General electrical installation workNACE 43211
- Founded
- 10-07-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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