NG ELEKTRO
ActiveNG ELEKTRO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €876k and a net result of €306k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 2039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+1
Solvency44▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.04 in 2024; short-term debt: 69.7% and cash: 19.2% of total assets), and 80.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.3%
Return on assets
6.7%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2039 sector peers (2025).
NBB · sector comparisonPosition among 2039 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
13 d early
2023
14 d late
2022
70 d late
2021
180 d early
2020
72 d early
2019
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€306k▲ 35.6%
2024 · €225k
2018: €97k
2019: €170k
2020: €139k
2021: €244k
2022: €8k
2023: €12k
2024: €225k
2018 → 2025
Working capital
€388k▲ 264%
2024 · €107k
2018: €45k
2019: €34k
2020: €233k
2021: €331k
2022: €118k
2023: €53k
2024: €107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€689k-€673k▼ 2.3%€684k▲ 1.6%€824k▲ 20.4%€876k▲ 6.3%
Operating result€292k-€-20k€37k€325k▲ 780%€501k▲ 54.3%
Net result€244k-€8k▼ 96.7%€12k▲ 44.0%€225k▲ 1,818%€306k▲ 35.6%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.53M
Fixed assets
€985k▼ 22.9%
Current assets
€3.55M▲ 29.9%
Equity and liabilities €4.53M
Equity
€876k▲ 6.3%
Debt
€3.66M▲ 14.8%
The debt ratio rises from 79.5% to 80.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.01M▲
2024 · €395k
Cash flow
€811k▲
2024 · €296k
Solvency
19.3%▼
2024 · 20.5%
Current ratio
1.12▲
2024 · 1.04
Quick ratio
0.99▼
2024 · 0.99
Debt / equity
4.18▲
2024 · 3.87
ROE
34.9%▲
2024 · 27.4%
ROA
6.7%▲
2024 · 5.6%
Interest coverage
11.96▲
2024 · 8.10
Debt
€3.66M▲
2024 · €3.19M
Debt ≤ 1 year
€3.16M▲
2024 · €2.62M
Debt > 1 year
€492k▼
2024 · €560k
Income taxes
€116k▲
2024 · €82k
Staff costs
€789k▲
2024 · €743k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.01M€4.53M▲
Fixed assets21/28€1.28M€985k▼
Tangible fixed assets22/27€1.13M€926k▼
Land and buildings22€1.10M€844k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€29k€79k▲
Financial fixed assets28€149k€59k▼
Current assets29/58€2.73M€3.55M▲
Stocks and contracts in progress3€122k€414k▲
Stocks30/36€24k€210k▲
Contracts in progress37€98k€205k▲
Amounts receivable within one year40/41€1.32M€2.21M▲
Trade receivables40€1.21M€1.85M▲
Other amounts receivable41€104k€361k▲
Cash at bank and in hand54/58€1.29M€871k▼
Deferred charges and accrued income490/1€5k€53k▲
Equity and liabilities
Total equity and liabilities10/49€4.01M€4.53M▲
Equity10/15€824k€876k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€805k€857k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€803k€855k▲
Amounts payable17/49€3.19M€3.66M▲
Amounts payable after more than one year17€560k€492k▼
Financial debts170/4€560k€492k▼
Amounts payable within one year42/48€2.62M€3.16M▲
Current portion of amounts payable after more than one year42€158k€235k▲
Trade debts44€2.31M€2.73M▲
Suppliers440/4€2.31M€2.73M▲
Advances received on contracts in progress46€13k-
Taxes, remuneration and social security45€145k€194k▲
Taxes450/3€55k€194k▲
Remuneration and social security454/9€89k-
Other amounts payable47/48€2k€44▼
Accrued charges and deferred income492/3€2k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€743k€789k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€505k▲
Other operating charges640/8€21k€14k▼
Gross operating margin9900€1.16M€1.81M▲
Operating profit (loss)9901€325k€501k▲
Financial income75/76B€32k€5k▼
Recurring financial income75€32k€5k▼
Financial charges65/66B€49k€84k▲
Recurring financial charges65€49k€84k▲
Profit (loss) for the period before taxes9903€308k€422k▲
Income taxes67/77€82k€116k▲
Profit (loss) for the period9904€225k€306k▲
Profit (loss) for the period to be appropriated9905€225k€306k▲
Appropriation of the result
Profit (loss) to be appropriated9906€225k€306k▲
Transfer from equity791/2€66k€269k▲
Transfer to equity691/2€225k€306k▲
To other reserves6921€225k€306k▲
Profit to be distributed694/7€66k€269k▲
Return on contributions (dividend)694€66k€269k▲
Social balance
Average headcount (FTE)908713.113.0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €306k ▲35.6%
Operating result €501k, net result €306k, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
31-12
Financial
Weakest financial yearnet €8k ▼96.7%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €689k ▲47.5%
4 profitable years in a row build equity to €689k.
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
31-12
Financial
Equity above €200kEq €345k ▲81.6%
2 profitable years in a row build equity to €345k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zemst · 1 establishment unit since 2009
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.
Brusselsesteenweg 1111980 ZemstGround area
757 m²
Building footprint
130 m²
Volume, LiDAR
258 m³
Parcel 23096C0652/00C002, Flanders · tallest building 9.5 m. Linked by address, not a title deed.
1 establishment unit
NG ELECTRO
since 20092.183.256.105
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23096C0652/00C002 | Flanders | 757 m² | 1 · 130 m² | 9.5 m |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 1,938 EUR awarded · 1,852 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,788 EUR | 1,702 EUR |
| 2023 | 1 | 150 EUR | 150 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesNG ELEKTRO BV34067
Dual-learning approval
2 live approvals · 4 endedElektrische installaties duaal (so)
Elektrotechnisch installateur (vwo)
Similar companies · same sector, comparable size
ARPA-TECH
BE 0829.924.773
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BIYIK
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AEW Security
BE 0524.976.866
Hasselt · Eq €877k
ENERGIE TECHNIEKEN
BE 0479.102.794
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TEPAU
BE 0446.953.333
Beveren-Kruibeke-Zwijndrecht · Eq €878k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 5,055 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2009
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.