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NEF ELECTRIC

Active
Private limited companyfounded 20233 yrs activeKBO/BCE: BE 0798.749.567
Summary

The computed 12-month bankruptcy probability of NEF ELECTRIC is 7.8% (elevated). The 2024 annual accounts show equity of €9,962 and a net result of €3,630. Its solvency ranks better than 61% of 9970 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▼-7
Solvency77▼-23
Growth78
Track record86
Bankruptcy probability, 12 months
7.8% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.77 against 3.82 in 2023; short-term debt: 47.7% and cash: 56.6% of total assets), and 47.7% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
52.3%
Return on assets
19.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 23 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 22 February 2023, NEF ELECTRIC was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€9,962▲ 57.3%
2023 · €6,333
Total assets
€19,053▲ 155%
2023 · €7,472
Net result
€3,630▲ 55.6%
2023 · €2,333
Working capital
€7,001▲ 118%
2023 · €3,210
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€2,920-€4,960▲ 69.9%
Net result€2,333within the sector's middle half-€3,630within the sector's middle half▲ 55.6%
Equity€6,333below the sector's middle half-€9,962below the sector's middle half▲ 57.3%
Total assets€7,472below the sector's middle half-€19,053below the sector's middle half▲ 155%
Debt€1,140-€9,091▲ 698%
Working capital€3,210within the sector's middle half-€7,001within the sector's middle half▲ 118%
Solvency84.7%above the sector's middle half-52.3%within the sector's middle half▼ 32.5pp
Current ratio3.82above the sector's middle half-1.77within the sector's middle half▼ 2.05
Return on assets (ROA)31.2%above the sector's middle half-19.1%within the sector's middle half▼ 12.2pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000Operating result 2023: €2,920€2,920Net result 2023: €2,333€2,333Operating result 2024: €4,960€4,960Net result 2024: €3,630€3,63020232024€0€2,000€4,000Operating result 2023: €2,920€2,920Net result 2023: €2,333€2,330Operating result 2024: €4,960€4,960Net result 2024: €3,630€3,63020232024
The operating result rises in 2024; 2024 is 70% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €19,053
Fixed assets €2,962 ▼ 5.1%
Current assets €16,091 ▲ 270%
Equity and liabilities €19,053
Equity €9,962 ▲ 57.3%
Debt €9,091 ▲ 698%
Debt's share of the balance-sheet total rises from 15.3% to 47.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€6,352▲
2023 · €4,649
Cash flow
€5,022▲
2023 · €4,062
Debt to equity
0.91▲
2023 · 0.18
ROE
36.4%▼
2023 · 36.8%
Interest coverage
42.92▼
2023 · 1150.75
Debt ≤ 1 year
€9,091▲
2023 · €1,140
Income taxes
€1,182▲
2023 · €583
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€7,472€19,053▲
Fixed assets21/28€3,122€2,962▼
Tangible fixed assets22/27€3,122€2,962▼
Plant, machinery and equipment23€2,451€1,362▼
Furniture and vehicles24€671€1,600▲
Current assets29/58€4,350€16,091▲
Amounts receivable within one year40/41€2,235€5,315▲
Trade receivables40€555€75▼
Other amounts receivable41€1,680€5,240▲
Cash at bank and in hand54/58€435€10,777▲
Deferred charges and accrued income490/1€1,680-
Equity and liabilities
Total equity and liabilities10/49€7,472€19,053▲
Equity10/15€6,333€9,962▲
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€2,333€5,962▲
Amounts payable17/49€1,140€9,091▲
Amounts payable within one year42/48€1,140€9,091▲
Trade debts44€475€5,718▲
Suppliers440/4€475€5,718▲
Taxes, remuneration and social security45€583€3,373▲
Taxes450/3€583€3,323▲
Remuneration and social security454/9-€50
Other amounts payable47/48€82-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,729€1,392▼
Other operating charges640/8€785€594▼
Gross operating margin9900€5,434€6,946▲
Operating profit (loss)9901€2,920€4,960▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€4€148▲
Recurring financial charges65€4€148▲
Profit (loss) for the period before taxes9903€2,916€4,812▲
Income taxes67/77€583€1,182▲
Profit (loss) for the period9904€2,333€3,630▲
Profit (loss) for the period to be appropriated9905€2,333€3,630▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,333€5,962▲
Profit (loss) brought forward from the previous period14P-€2,333

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

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,729€1,392▼ 19.5%
Other operating charges640/8€785€594▼ 24.3%
Gross operating margin9900€5,434€6,946▲ 27.8%
Operating profit (loss)9901€2,920€4,960▲ 69.9%
Financial income75/76B€0€0▼ 71.4%
Recurring financial income75€0€0▼ 71.4%
Financial charges65/66B€4€148▲ 3,563%
Recurring financial charges65€4€148▲ 3,563%
Profit (loss) for the period before taxes9903€2,916€4,812▲ 65.0%
Income taxes67/77€583€1,182▲ 103%
Profit (loss) for the period9904€2,333€3,630▲ 55.6%
Profit (loss) for the period to be appropriated9905€2,333€3,630▲ 55.6%
Line20232024Change
Assets
Total assets20/58€7,472€19,053▲ 155%
Fixed assets21/28€3,122€2,962▼ 5.1%
Tangible fixed assets22/27€3,122€2,962▼ 5.1%
Plant, machinery and equipment23€2,451€1,362▼ 44.4%
Furniture and vehicles24€671€1,600▲ 139%
Current assets29/58€4,350€16,091▲ 270%
Amounts receivable within one year40/41€2,235€5,315▲ 138%
Trade receivables40€555€75▼ 86.5%
Other amounts receivable41€1,680€5,240▲ 212%
Cash at bank and in hand54/58€435€10,777▲ 2,378%
Deferred charges and accrued income490/1€1,680--
Equity and liabilities
Total equity and liabilities10/49€7,472€19,053▲ 155%
Equity10/15€6,333€9,962▲ 57.3%
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€2,333€5,962▲ 156%
Amounts payable17/49€1,140€9,091▲ 698%
Amounts payable within one year42/48€1,140€9,091▲ 698%
Trade debts44€475€5,718▲ 1,104%
Suppliers440/4€475€5,718▲ 1,104%
Taxes, remuneration and social security45€583€3,373▲ 478%
Taxes450/3€583€3,323▲ 470%
Remuneration and social security454/9-€50-
Other amounts payable47/48€82--
Line20232024Change
Profit (loss) for the period9904€2,333€3,630▲ 55.6%
+ Depreciation and write-downs630€1,729€1,392▼ 19.5%
Operating cash flow (approximation)€4,062€5,022▲ 23.6%
Investment in fixed assets (approximation)--€1,231-
Change in cash-€10,342-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-04
KBO administration Address struck
event 12-04-2026
2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
237 m²
Building footprint
96 m²
Volume, LiDAR
1,113 m³
Parcel 23084A0561/00P004, Flanders · tallest building 12.3 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
NEF ELECTRIC
Repair and maintenance of electrical equipment
since 20232.342.132.603
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0561/00P004 Flanders 237 m² 1 · 96 m² 12.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
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 29,766 companies in this sector we hold annual accounts for 16,066. 9,289 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded22-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
Contact
E-mail nefelectricite@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798749567
Registered 12-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.