LIGHTELEC DEFORCHE
ActiveThe annual accounts of LIGHTELEC DEFORCHE for fiscal year 2025 show a net loss of 55% of total assets and of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €8k and a net result of €-15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 18040 sector peers (fiscal year 2025). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency55▼-19
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.14 against 1.71 in 2024; short-term debt: 69.5% and cash: 53.8% of total assets), and 69.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
30.5%
Return on assets
-54.8%
Age of the figures
9 mo
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
34 d early
2023
36 d early
2022
28 d early
2021
30 d early
2020
29 d early
2019
35 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▼ 64.2%
2024 · €24k
2018: €5k
2019: €13k
2020: €18k
2021: €11k
2022: €-16k
2023: €-32k
2024: €24k
2018 → 2025
Total assets
€28k▼ 42.9%
2024 · €49k
2018: €65k
2019: €62k
2020: €74k
2021: €67k
2022: €47k
2023: €37k
2024: €49k
2018 → 2025
Net result
€-15k
2024 · €56k
2018: €-4k
2019: €9k
2020: €5k
2021: €-7k
2022: €-27k
2023: €-16k
2024: €56k
2018 → 2025
Working capital
€3k▼ 84.8%
2024 · €18k
2018: €4k
2019: €16k
2020: €20k
2021: €17k
2022: €-8k
2023: €-22k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€-16k€-32k▼ 97.7%€24k€8k▼ 64.2%
Operating result€-7k-€-27k▼ 277%€-16k▲ 41.2%€56k€-15k
Net result€-7k-€-27k▼ 262%€-16k▲ 40.9%€56k€-15k
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 €15k after €56k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€6k▼ 3.8%
Current assets
€22k▼ 48.5%
Equity and liabilities €28k
Equity
€8k▼ 64.2%
Debt
€19k▼ 22.8%
The debt ratio rises from 51.3% to 69.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-13k▼
2024 · €57k
Cash flow
€-13k▼
2024 · €57k
Solvency
30.5%▼
2024 · 48.7%
Current ratio
1.14▼
2024 · 1.71
Quick ratio
0.82▼
2024 · 1.46
Debt / equity
2.28▲
2024 · 1.05
ROE
-179.7%▼
2024 · 235.3%
ROA
-54.8%▼
2024 · 114.5%
Interest coverage
-87.93▼
2024 · 276.07
Debt
€19k▼
2024 · €25k
Debt ≤ 1 year
€19k▼
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€49k€28k▼
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€6k€6k▼
Plant, machinery and equipment23€607€753▲
Furniture and vehicles24€5k€5k▼
Current assets29/58€43k€22k▼
Stocks and contracts in progress3€6k€6k▼
Stocks30/36€6k€6k▼
Amounts receivable within one year40/41€3k€280▼
Trade receivables40€3k€280▼
Other amounts receivable41€352-
Cash at bank and in hand54/58€33k€15k▼
Deferred charges and accrued income490/1€513€697▲
Equity and liabilities
Total equity and liabilities10/49€49k€28k▼
Equity10/15€24k€8k▼
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€68k€68k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€66k€66k=
Profit (loss) carried forward14€-63k€-78k▼
Amounts payable17/49€25k€19k▼
Amounts payable within one year42/48€25k€19k▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45-€37
Taxes450/3-€37
Other amounts payable47/48€24k€16k▼
Income statement
Code20242025
Non-recurring operating income76A€99k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€912€2k▲
Other operating charges640/8€584€132▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€59k€-13k▼
Operating profit (loss)9901€56k€-15k▼
Financial income75/76B€34€43▲
Recurring financial income75€34€43▲
Financial charges65/66B€206€149▼
Recurring financial charges65€206€149▼
Profit (loss) for the period before taxes9903€56k€-15k▼
Profit (loss) for the period9904€56k€-15k▼
Profit (loss) for the period to be appropriated9905€56k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-63k€-78k▼
Profit (loss) brought forward from the previous period14P€-119k€-63k▲
The notes to these accounts (5 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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €56k
Net result €56k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.71
Current ratio from 0.50 to 1.71; short-term debt falls from €44k to €25k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2015
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2015
Resigned as Manager
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 1985
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.
Muizelstraat 1018531 HarelbekeGround area
973 m²
Building footprint
174 m²
Volume, LiDAR
723 m³
Parcel 34017B0180/00M000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Lightelec Deforche
since 19852.027.237.642
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34017B0180/00M000 | Flanders | 973 m² | 1 · 174 m² | 7.2 m · 1 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.
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Of 12,968 companies in sector 47120 we hold annual accounts for 2,186. 1,172 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-1985
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47191Retail trade
52122
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.