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NG ELEKTRO

Active
Private limited companyfounded 2009active for 16 yearsBrusselsesteenweg 111, 1980 Zemst, BelgiumKBO/BCE: BE 0820.755.008
Summary

NG ELEKTRO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €875,567 and a net result of €305,666. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 20% of 2,445 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 05-11-2009 Normal situation
Activity
General electrical installation work NACE 43211
Joint committees
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.183.256.105 1980 Zemst, since 05-11-2009
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€1.8m
▲ 56.1%
Turnover
≈ €4.9m
estimated
Profit
€305,666
▲ 35.6%
Equity
€875,567
▲ 6.3%
Total assets
€4.5m
▲ 13.1%
Employees on 31-12-2025
14
=
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskSize: 13 FTE, total assets €4.5mFounded in 2009Figures for financial year 2025 (filed on 07-08-2026)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 43% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 44-2
equity 19.3% of total assets
Liquidity 37-18
short-term debt 69.7% · cash 19.2%
Profitability 77+1
return on assets 6.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,651 companies, NACE 43, small)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.7 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (1.04 in 2024), below the usual 1.5. Short-term debt is 69.7% and cash 19.2% of total assets. 80.7% of the assets are financed with debt and provisions.
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, small). It does better than 21% of them on solvency, 34% on liquidity, 64% on profitability and 52% on growth.

The bankruptcy probability was computed on 04-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: 13 FTE, total assets €4.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 07-08-2026)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2445 sector peers (2025).
NBB · sector comparison
Position among 2445 sector peers
Solvency
better than 20%
← 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 filings
Deviation from the deadline
2025
on the day
2024
13 days early
2023
14 days late
2022
70 days late
2021
180 days early
2020
72 days early
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 70 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 2nd largest company by total assets in Zemst, Construction sectorin the Checked rankings No. 2 View
  • Positive: 8 profitable years in a rowprofit 2025: €305,666 8 years View
  • Positive: Result rose in 2025from €225,445 to €305,666 ▲ 35.6% View

Recent changes

  1. · Gazette deed Company renamed from NG ELECTRO to NG ELEKTROChange of role: NUYTKENS Glenn Jan, from manager to director · “Klein- en groothandel, in- en uitvoer van alle elektrisch materiaal zowel voor commercieel als privaat…” (deed in Dutch) · Power of attorney: Kathleen Van Steen
  2. · Gazette deed Registered office moved from Mechelen to ZemstNew seat: Brusselsesteenweg 111 te 1980 Zemst · Previous seat: Boerenkrijgstraat 129 B te 2800 Mechelen
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as NG ELEKTRO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €3.7m and €6m, founded between 2006 and 2014.

CompanyTotal assetsGross margin
NG ELEKTRO Zemst€4.5m€1.8m
A&S T Tielt-Winge€5.2m€1.6m
DURASUN Tessenderlo-Ham€5.0m€2.3m
ELECTROTECHNIEK DECALF Dendermonde€3.7m€1.5m
TECH-SOLUTIONS Antwerpen€4.8m€2.3m
ADVENSO Zedelgem€4.8m€1.4m
SOLARPRO Turnhout€6.0m€2.3m
Full comparison

Key facts about NG ELEKTRO

What is the company number of NG ELEKTRO?
The company number of NG ELEKTRO is 0820.755.008. The VAT number is the same number with BE in front: BE 0820.755.008.
Where is NG ELEKTRO based?
The registered office is at Brusselsesteenweg 111, 1980 Zemst.Company details
What does NG ELEKTRO do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of NG ELEKTRO?
The legal form of NG ELEKTRO is Private limited company (BV).
When was NG ELEKTRO founded?
NG ELEKTRO was founded on 05-11-2009.
Is NG ELEKTRO still active?
Yes, NG ELEKTRO is an active enterprise in the KBO register.
How many employees does NG ELEKTRO have?
NG ELEKTRO had an average of 13 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NG ELEKTRO fall under?
In its 2025 annual accounts, NG ELEKTRO states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of NG ELEKTRO?
The turnover in financial year 2025 is ≈ €4.9m. This figure is estimated from the gross margin of €1.8m and 31 comparable companies (NACE 432). It probably lies between €3.9m and €6.2m.
Is NG ELEKTRO profitable?
In financial year 2025, NG ELEKTRO made a profit of €305,666.
Where can I find the annual accounts of NG ELEKTRO?
NG ELEKTRO filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NG ELEKTRO due?
NG ELEKTRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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