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MYN ELEC

Active
Private limited companyfounded 20251 yr activeWaterloose Steenweg 200, 1640 Sint-Genesius-Rode, BelgiumKBO/BCE: BE 1018.529.494

The computed 12-month bankruptcy probability of MYN ELEC is 1.5% (moderate). The 2025 annual accounts show equity of €7k and a net result of €5k. Its solvency ranks better than 76% of 27407 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
93 / 100
Excellent
The score combines four axes. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency100
Growth-
Stability67
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.33), and 28.6% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
71.4%
Return on assets
46.9%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 1 filing
Deviation from the deadline
2025
3 d late
← 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 2025, micro schema

Equity
€7k
Total assets
€10k
Net result
€5k
Working capital
€4k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €10k
Fixed assets €3k
Current assets €7k
Equity and liabilities €10k
Equity €7k
Debt €3k
Debt finances 28.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€6k
Cash flow
€5k
Solvency
71.4%
Current ratio
2.33
Quick ratio
2.33
Debt / equity
0.40
ROE
65.7%
ROA
46.9%
Interest coverage
645.35
Debt
€3k
Debt ≤ 1 year
€3k
Income taxes
€1k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet Code2025
Assets
Total assets20/58€10k
Fixed assets21/28€3k
Tangible fixed assets22/27€3k
Plant, machinery and equipment23€2k
Furniture and vehicles24€1k
Current assets29/58€7k
Amounts receivable within one year40/41€6k
Trade receivables40€2k
Other amounts receivable41€3k
Cash at bank and in hand54/58€1k
Equity and liabilities
Total equity and liabilities10/49€10k
Equity10/15€7k
Contributions10/11€3k
Profit (loss) carried forward14€5k
Amounts payable17/49€3k
Amounts payable within one year42/48€3k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€1k
Taxes450/3€1k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69
Gross operating margin9900€6k
Operating profit (loss)9901€6k
Financial charges65/66B€9
Recurring financial charges65€9
Profit (loss) for the period before taxes9903€6k
Income taxes67/77€1k
Profit (loss) for the period9904€5k
Profit (loss) for the period to be appropriated9905€5k
Appropriation of the result
Profit (loss) to be appropriated9906€5k

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

2026
03-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
NBB filing

Directors · office · real estate

Directors
1 act for this company is 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-Genesius-Rode · 1 establishment unit since 2025
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.

Waterloose Steenweg 2001640 Sint-Genesius-Rode
Ground area
8,004 m²
Building footprint
1,499 m²
Volume, LiDAR
16,574 m³
2 parcels, Flanders, Wallonia · tallest building 23.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MYN ELEC
Rue Fontaine(Y-G) 33, 5650 WalcourtGeneral construction of residential buildings
since 20252.368.836.901
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22552E0048/00Z025 Flanders 7,308 m² 1 · 1,453 m² 23.0 m · 4 fl.
93089A0326/00F000 Wallonia 696 m² 1 · 46 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 22,729 companies in sector 43211 we hold annual accounts for 10,274. 4,619 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-01-2025
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.