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MAINTAIN ELEKTRO

Active
Private limited companyfounded 20188 yrs activeKiezelweg 37, 3620 Lanaken, BelgiumKBO/BCE: BE 0700.312.779

MAINTAIN ELEKTRO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134k and a net result of €-23k. Equity is growing by ~58.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 385 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
35 / 100
Weak▼ -33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency22▼-6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.12 against 1.3 in 2024), and 88.2% 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.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 385 sector peers (2025).
NBB · sector comparison
Position among 385 sector peers
Solvency
better than 15%
← weakest strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
22 d early
2024
29 d late
2023
1 d early
2022
1 d late
2021
78 d late
2020
9 d late
2019
67 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 months
Position in the running window
05-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€134k▼ 14.6%
2024 · €157k
2021: €-171k 2022: €-3k 2023: €106k 2024: €157k
2021 → 2025
Total assets
€1.14M▲ 16.7%
2024 · €974k
2021: €361k 2022: €464k 2023: €996k 2024: €974k
2021 → 2025
Net result
€-23k
2024 · €51k
2021: €-252k 2022: €-142k 2023: €108k 2024: €51k
2021 → 2025
Working capital
€100k▼ 48.2%
2024 · €194k
2021: €-173k 2022: €1k 2023: €156k 2024: €194k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-171k-€-3k▲ 98.4%€106k€157k▲ 48.4%€134k▼ 14.6%
Operating result€-242k-€-120k▲ 50.6%€118k€87k▼ 26.4%€6k▼ 92.6%
Net result€-252k-€-142k▲ 43.9%€108k€51k▼ 52.9%€-23k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-300k€-200k€-100k€0€100kOperating result 2021: €-242k€-242kNet result 2021: €-252k€-252kOperating result 2022: €-120k€-120kNet result 2022: €-142k€-142kOperating result 2023: €118k€118kNet result 2023: €108k€108kOperating result 2024: €87k€87kNet result 2024: €51k€51kOperating result 2025: €6k€6kNet result 2025: €-23k€-23k20212022202320242025
The operating result has fallen two years in a row; 2025 is 93% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.14M
Fixed assets €228k▲ 70.4%
Current assets €909k▲ 8.2%
Equity and liabilities €1.14M
Equity €134k▼ 14.6%
Debt €1.00M▲ 22.7%
The debt ratio rises from 83.9% to 88.2%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€53k
2024 · €119k
Cash flow
€24k
2024 · €83k
Solvency
11.8%
2024 · 16.1%
Current ratio
1.12
2024 · 1.30
Quick ratio
0.91
2024 · 1.22
Debt / equity
7.50
2024 · 5.22
ROE
-17.1%
2024 · 32.6%
ROA
-2.0%
2024 · 5.2%
Interest coverage
1.57
2024 · 3.25
Debt
€1.00M
2024 · €817k
Debt ≤ 1 year
€809k
2024 · €647k
Debt > 1 year
€194k
2024 · €170k
Income taxes
€261
2024 · €286
Staff costs
€738k
2024 · €501k
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
Total assets 20/58€974k€1.14M
Fixed assets 21/28€134k€228k
Intangible fixed assets 21-€7k
Tangible fixed assets 22/27€133k€220k
Financial fixed assets 28€650€850
Current assets 29/58€840k€909k
Stocks & contracts in progress 3€52k€175k
Amounts receivable within one year 40/41€487k€392k
Cash & bank 54/58€300k€336k
Total equity & liabilities 10/49€974k€1.14M
Equity 10/15€157k€134k
Contributions / capital 10/11€310k€310k=
Reserves 13€33k€33k=
Accumulated profits (losses) 14€-186k€-209k
Amounts payable 17/49€817k€1.00M
Amounts payable after one year 17€170k€194k
Amounts payable within one year 42/48€647k€809k
Trade debts payable within one year 44€392k€262k
Income statement Code20242025
Gross operating margin 9900€622k€798k
Operating result 9901€87k€6k
Financial income 75€1k€5k
Financial charges 65€37k€34k
Result before taxes 9903€51k€-23k
Income taxes 67/77€286€261
Net result for the period 9904€51k€-23k
Result to be appropriated 9905€51k€-23k

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial Equity above €150kEq €157k ▲48.4%
2 profitable years in a row build equity to €157k.
30-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €108k
Net result €108k after 2 loss-making years.
31-12
Financial Equity above €100kEq €106k
Equity rises from €-3k to €106k.
01-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
17-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
25-04
State Gazette act Director changes
Marc Topff
2021
09-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
2020
06-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 directors, last change in 2022
ROOX Goedele
Director · since 25-04-2022
Current
SCHARIS Michael
Director · since 25-04-2022
Current
25-04-2022 ROOX Goedele: Appointed as Director
25-04-2022 SCHARIS Michael: Appointed as Director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Lanaken · 1 establishment unit since 2018
exact location from the address register On OpenStreetMap
Ground area
746 m²
Building footprint
238 m²
Volume, LiDAR
1,622 m³
Parcel 73014B0985/00B002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAINTAIN ELEKTRO
Kiezelweg 37, 3620 LanakenConstruction of utility projects for electricity and telecommunications
since 20182.278.301.950
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73014B0985/00B002 Flanders 746 m² 1 · 238 m² 10.4 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.

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 1,810 companies in sector 42220 we hold annual accounts for 931. 681 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-07-2018
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
46643Wholesale of electrical equipment, including installation materials
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 19-07-2026. Scores and ratios are computed by Checked and are not a credit decision.