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Marc Elec

Active
Private limited companyfounded 198540 yrs activeAquilonlaan 12, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0427.805.236

Marc Elec has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €243k and a net result of €10k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 15866 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
86 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability21▼-6
Solvency100=
Growth68=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 10.73 against 44.46 in 2023), and 8.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 40 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
32 d early
2023
34 d early
2022
32 d early
2021
82 d late
2020
24 d early
2019
52 d early
← before the deadline after the 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 2024, micro schema

Turnover
€237k▲ 24.4%
2018 · €190k
2018: €190k
2018 → 2019
EBIT margin
42.8%▲ 10.7pp
2018 · 32.1%
2018: 32.1%
2018 → 2019
Net result
€10k▼ 19.2%
2023 · €12k
2018: €51k 2019: €85k 2020: €43k 2021: €92k 2022: €43k 2023: €12k
2018 → 2024
Working capital
€211k▼ 7.1%
2023 · €228k
2018: €29k 2019: €10k 2020: €67k 2021: €160k 2022: €211k 2023: €228k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€86k-€177k▲ 107%€220k▲ 24.3%€233k▲ 5.6%€243k▲ 4.3%
Operating result€77k-€127k▲ 63.7%€58k▼ 54.2%€15k▼ 73.5%€13k▼ 12.7%
Net result€43k-€92k▲ 111%€43k▼ 52.9%€12k▼ 71.2%€10k▼ 19.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €77k€77kNet result 2020: €43k€43kOperating result 2021: €127k€127kNet result 2021: €92k€92kOperating result 2022: €58k€58kNet result 2022: €43k€43kOperating result 2023: €15k€15kNet result 2023: €12k€12kOperating result 2024: €13k€13kNet result 2024: €10k€10k20202021202220232024
The operating result has fallen three years in a row; 2024 is 13% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €265k
Fixed assets €31k▲ 498%
Current assets €233k▲ 0.1%
Equity and liabilities €265k
Equity €243k▲ 4.3%
Debt €22k▲ 308%
The debt ratio rises from 2.2% to 8.2%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€17k
2023 · €23k
Cash flow
€14k
2023 · €20k
Solvency
91.8%
2023 · 97.8%
Current ratio
10.73
2023 · 44.46
Quick ratio
10.70
2023 · 44.36
Debt / equity
0.09
2023 · 0.02
ROE
4.1%
2023 · 5.3%
ROA
3.8%
2023 · 5.2%
Interest coverage
256.06
2023 · 370.69
Debt
€22k
2023 · €5k
Debt ≤ 1 year
€22k
2023 · €5k
Income taxes
€4k
2023 · €5k
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€238k€265k
Fixed assets21/28€5k€31k
Tangible fixed assets22/27€5k€31k
Plant, machinery and equipment23€1k€677
Furniture and vehicles24€4k€31k
Current assets29/58€233k€233k
Stocks and contracts in progress3€510€510=
Stocks30/36€510€510=
Amounts receivable within one year40/41€11k€21k
Trade receivables40€6k€13k
Other amounts receivable41€5k€8k
Cash at bank and in hand54/58€222k€211k
Equity and liabilities
Total equity and liabilities10/49€238k€265k
Equity10/15€233k€243k
Contributions10/11€31k€31k=
Reserves13€202k€212k
Non-distributable reserves130/1€11k€11k=
Reserves not available under the articles1311€11k€11k=
Distributable reserves133€191k€201k
Amounts payable17/49€5k€22k
Amounts payable within one year42/48€5k€22k
Trade debts44€3k€6k
Suppliers440/4€3k€6k
Taxes, remuneration and social security45€132€16k
Taxes450/3€132€4k
Remuneration and social security454/9-€12k
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€92-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k
Other operating charges640/8€317€128
Gross operating margin9900€23k€17k
Operating profit (loss)9901€15k€13k
Financial income75/76B€2k€452
Recurring financial income75€2k€452
Financial charges65/66B€61€66
Recurring financial charges65€61€66
Profit (loss) for the period before taxes9903€17k€14k
Income taxes67/77€5k€4k
Profit (loss) for the period9904€12k€10k
Profit (loss) for the period to be appropriated9905€12k€10k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€10k
Transfer to equity691/2€12k€10k
To other reserves6921€12k€10k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €10k ▼19.2%
Net result drops to €10k, the lowest in the series.
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity triplescurrent ratio 40.57
Current ratio from 11.85 to 40.57; short-term debt falls from €15k to €5k.
31-12
Financial Equity above €200kEq €220k ▲24.3%
5 profitable years in a row build equity to €220k.
21-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
31-12
Financial Highest result since 2018net €92k ▲111%
Operating result €127k, net result €92k, both a record.
31-12
Financial Liquidity times 8current ratio 11.85
Current ratio from 1.40 to 11.85; short-term debt falls from €166k to €15k.
31-12
Financial Equity above €150kEq €177k ▲107%
4 profitable years in a row build equity to €177k.
07-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
09-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €200kEq €203k ▲5.4%
2 profitable years in a row build equity to €203k.
12-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
06-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
11 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 1985
establishment The establishment unit on the map
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.

Aquilonlaan 121200 Sint-Lambrechts-Woluwe
Ground area
7,930 m²
Building footprint
838 m²
Volume, LiDAR
8,749 m³
Parcel 21018A0119/00X003, Brussels · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Aquilonlaan 12, 1200 Sint-Lambrechts-Woluwe
NACE 45310
since 19852.027.933.468
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21018A0119/00X003 Brussels 7,930 m² 1 · 838 m² 13.0 m · 4 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

Of 1,744 companies in sector 46720 we hold annual accounts for 1,080. 750 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-09-1985
Fiscal year end31-12
Activities, NACEBEL
45310
46720Wholesale of motor vehicle parts and accessories
50301
43211General electrical installation work
47820Retail sale of motor vehicle parts and accessories
50302
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.