ME3F
ActiveME3F has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €245k and a net result of €5k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▲+13
Solvency84▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.8 against 2.18 in 2023; short-term debt: 29% and cash: 0.7% of total assets), and 40.6% 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 risk○neutral
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 →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 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
not confirmed
2024
40 d late
2023
33 d early
2022
1 d late
2021
3 d early
2020
3 d late
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▲ 728%
2023 · €552
2018: €25k
2019: €-2k
2020: €40k
2021: €29k
2022: €-6k
2023: €552
2018 → 2024
Working capital
€216k▲ 15.4%
2023 · €187k
2018: €176k
2019: €174k
2020: €210k
2021: €230k
2022: €226k
2023: €187k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€217k-€245k▲ 13.3%€240k▼ 2.3%€240k▲ 0.2%€245k▲ 1.9%
Operating result€36k-€30k▼ 14.5%€-10k€-3k▲ 69.4%€4k
Net result€40k-€29k▼ 28.0%€-6k€552€5k▲ 728%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €4k after a loss of €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €413k
Fixed assets
€77k▲ 44.3%
Current assets
€336k▼ 2.8%
Equity and liabilities €413k
Equity
€245k▲ 1.9%
Debt
€168k▲ 6.0%
The debt ratio rises from 39.7% to 40.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2023 · €2k
Cash flow
€14k▲
2023 · €5k
Solvency
59.4%▼
2023 · 60.3%
Current ratio
2.80▲
2023 · 2.18
Quick ratio
0.48▲
2023 · 0.46
Debt / equity
0.68▲
2023 · 0.66
ROE
1.9%▲
2023 · 0.2%
ROA
1.1%▲
2023 · 0.1%
Interest coverage
1.75▲
2023 · 0.38
Debt
€168k▲
2023 · €158k
Debt ≤ 1 year
€120k▼
2023 · €158k
Debt > 1 year
€48k
Income taxes
€3k▲
2023 · €32
Staff costs
€201k▼
2023 · €206k
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€399k€413k▲
Fixed assets21/28€53k€77k▲
Tangible fixed assets22/27€47k€69k▲
Land and buildings22€30k€28k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€9k€37k▲
Financial fixed assets28€7k€8k▲
Current assets29/58€345k€336k▼
Stocks and contracts in progress3€273k€278k▲
Stocks30/36€273k€278k▲
Amounts receivable within one year40/41€62k€52k▼
Trade receivables40€44k€31k▼
Other amounts receivable41€18k€22k▲
Cash at bank and in hand54/58€7k€3k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€399k€413k▲
Equity10/15€240k€245k▲
Contributions10/11€75k€75k=
Reserves13€8k€8k=
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Profit (loss) carried forward14€158k€162k▲
Amounts payable17/49€158k€168k▲
Amounts payable after more than one year17-€48k
Financial debts170/4-€48k
Amounts payable within one year42/48€158k€120k▼
Current portion of amounts payable after more than one year42€1k€14k▲
Financial debts43€13k€9k▼
Credit institutions430/8€13k€9k▼
Trade debts44€108k€65k▼
Suppliers440/4€108k€65k▼
Taxes, remuneration and social security45€35k€32k▼
Taxes450/3€7k€8k▲
Remuneration and social security454/9€28k€24k▼
Other amounts payable47/48€79-
Income statement
Code20232024
Remuneration, social security and pensions62€206k€201k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲
Other operating charges640/8€5k€9k▲
Non-recurring operating charges66A-€190
Gross operating margin9900€212k€223k▲
Operating profit (loss)9901€-3k€4k▲
Financial income75/76B€8k€11k▲
Recurring financial income75€8k€11k▲
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€584€8k▲
Income taxes67/77€32€3k▲
Profit (loss) for the period9904€552€5k▲
Profit (loss) for the period to be appropriated9905€552€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€158k€162k▲
Profit (loss) brought forward from the previous period14P€157k€158k▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 40 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €552
Net result €552 after one loss-making year.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 1 day late
2022
31-12
Financial
Weakest financial yearnet €-6k ▼120%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
31-12
Financial
Equity above €200kEq €217k ▲22.6%
Equity rises from €177k to €217k.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
02-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aubange · 1 establishment unit since 2002
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.
Rue de la Fraternité - HALANZY 126792 Aubange1 establishment unit
SCHMIT ELECTRICITE
since 20022.098.736.837
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ELECTRO DE SANDER
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IMPENS
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ILJANA
BE 0466.374.515
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CONCEPTS
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Of 1,510 companies in sector 47540 we hold annual accounts for 805. 652 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2002
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
52450
47552Retail sale of lighting equipment
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.