KB ELEKTRO
ActiveThe computed 12-month bankruptcy probability of KB ELEKTRO is 2.5% (moderate). The 2024 annual accounts show equity of €123k and a net result of €57k. Its solvency ranks better than 71% of 36378 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
93
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth52
Stability94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.41 against 2.92 in 2023), and 34.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
51 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€123k▲ 85.8%
2023 · €66k
2023: €66k
2023 → 2024
Total assets
€188k▲ 102%
2023 · €93k
2023: €93k
2023 → 2024
Net result
€57k▼ 11.6%
2023 · €64k
2023: €64k
2023 → 2024
Working capital
€100k▲ 97.6%
2023 · €51k
2023: €51k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€66k-€123k▲ 85.8%
Operating result€90k-€78k▼ 12.9%
Net result€64k-€57k▼ 11.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 13% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €187k
Fixed assets
€46k▲ 196%
Current assets
€142k▲ 83.7%
Equity and liabilities €188k
Equity
€123k▲ 85.8%
Debt
€65k▲ 140%
The debt ratio rises from 29.0% to 34.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€82k▼
2023 · €93k
Cash flow
€61k▼
2023 · €67k
Solvency
65.5%▼
2023 · 71.0%
Current ratio
3.41▲
2023 · 2.92
Quick ratio
3.34▲
2023 · 2.78
Debt / equity
0.53▲
2023 · 0.41
ROE
46.2%▼
2023 · 97.0%
ROA
30.2%▼
2023 · 68.9%
Interest coverage
264.41▲
2023 · 78.67
Debt
€65k▲
2023 · €27k
Debt ≤ 1 year
€41k▲
2023 · €26k
Debt > 1 year
€23k
Income taxes
€22k▼
2023 · €25k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€93k€188k▲
Formation expenses20€700€498▼
Fixed assets21/28€15k€46k▲
Tangible fixed assets22/27€15k€46k▲
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€982€732▼
Leasing and similar rights25-€33k
Current assets29/58€77k€142k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€40k€40k=
Trade receivables40€28k€30k▲
Other amounts receivable41€12k€10k▼
Cash at bank and in hand54/58€32k€98k▲
Deferred charges and accrued income490/1€2k€853▼
Equity and liabilities
Total equity and liabilities10/49€93k€188k▲
Equity10/15€66k€123k▲
Contributions10/11€2k€2k=
Reserves13€64k€121k▲
Distributable reserves133€64k€121k▲
Amounts payable17/49€27k€65k▲
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€26k€41k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€15k€17k▲
Suppliers440/4€15k€17k▲
Taxes, remuneration and social security45€12k€19k▲
Taxes450/3€12k€19k▲
Other amounts payable47/48-€181
Accrued charges and deferred income492/3€618€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€867€0▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€94k€87k▼
Operating profit (loss)9901€90k€78k▼
Financial income75/76B€35€517▲
Recurring financial income75€35€517▲
Financial charges65/66B€1k€312▼
Recurring financial charges65€1k€312▼
Profit (loss) for the period before taxes9903€89k€79k▼
Income taxes67/77€25k€22k▼
Profit (loss) for the period9904€64k€57k▼
Profit (loss) for the period to be appropriated9905€64k€57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€57k▼
Transfer to equity691/2€64k€57k▼
To other reserves6921€64k€57k▼
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
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €123k ▲85.8%
2 profitable years in a row build equity to €123k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Roeselare · 1 establishment unit since 2022
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.
Boterstraat 68800 RoeselareGround area
490 m²
Building footprint
101 m²
Volume, LiDAR
601 m³
Parcel 36015A1287/00T000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KB ELEKTRO
since 20222.332.393.308
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A1287/00T000 | Flanders | 490 m² | 1 · 101 m² | 8.8 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
Wattmann
BE 0716.907.204
Herzele · Eq €123k
Robby Vermeulen
BE 0744.786.685
Beveren-Kruibeke-Zwijndrecht · Eq €123k
JERANTIS
BE 0661.839.116
Brecht · Eq €123k
MANTAEV SERVICE
BE 0761.859.279
Roeselare · Eq €123k
PRINCIOTTA JONATHAN
BE 0893.358.815
Bilzen-Hoeselt · Eq €123k
Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 8,701 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-06-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.