Michiel Willems Elektro
ActiveSummary
Michiel Willems Elektro has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109,591 and a net result of €42,527. Equity has been growing by about 70% per year since 2023. Its solvency ranks better than 63% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-07-2023 Normal situation
- Activity
- General electrical installation work NACE 43211
- Establishment unit
- 2.347.188.182 2460 Kasterlee, since 05-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 12-10-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €71,552
- ▼ 11.2%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €42,527
- ▼ 17.0%
- Equity
- €109,591
- ▲ 63.4%
- Total assets
- €187,990
- ▲ 106%
Score breakdownraises riskFounded in 2023Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.71, cash €108,421Equity €109,591 (58.3% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 64% of them on solvency, 86% on liquidity, 83% on profitability and 86% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 3 accounts on average 25 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher net result than 83% of companies in specialised constructionsector median €10,221 · 34,933 companies €42,527 View
Recent changes
- · Gazette deed Company renamed from MW Elektro to Michiel Willems Elektro
- · Gazette deed IncorporationStarting capital €2,500 · Appointment: WILLEMS Michiel (director)
Comparable companies
These companies have the same main activity as Michiel Willems Elektro: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €179,000 and €219,000, founded between 2022 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| Michiel Willems Elektro Kasterlee | €187,990 | €71,552 |
| Immo LO Antwerpen | €178,976 | €90,346 |
| Vandermoeren Wommelgem | €218,977 | €67,984 |
| DE LAADKAMERAAD Tienen | €192,424 | €72,226 |
| TASIAUX CLIMATE FACTORY Sombreffe | €203,009 | €66,736 |
| Jacotech Zele | €185,325 | €81,292 |
| BLACKOPPER Comblain-au-Pont | €199,457 | €73,936 |
Key facts about Michiel Willems Elektro
- What is the company number of Michiel Willems Elektro?
- The company number of Michiel Willems Elektro is 0803.601.151. The VAT number is the same number with BE in front: BE 0803.601.151.
- Where is Michiel Willems Elektro based?
- The registered office is at Opstal 4, 2460 Kasterlee.Company details
- What does Michiel Willems Elektro do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Michiel Willems Elektro?
- The legal form of Michiel Willems Elektro is Private limited company (BV).
- When was Michiel Willems Elektro founded?
- Michiel Willems Elektro was founded on 05-07-2023.
- Is Michiel Willems Elektro still active?
- Yes, Michiel Willems Elektro is an active enterprise in the KBO register.
- What is the turnover of Michiel Willems Elektro?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €71,552 and 42 comparable companies (NACE 43211). It probably lies between €170,000 and €430,000.Financials
- Is Michiel Willems Elektro profitable?
- In financial year 2025, Michiel Willems Elektro made a profit of €42,527.
- Where can I find the annual accounts of Michiel Willems Elektro?
- Michiel Willems Elektro filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Michiel Willems Elektro due?
- Michiel Willems Elektro must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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