NIHAT & IHSAN ELECTRO STRATEGY
ActiveNIHAT & IHSAN ELECTRO STRATEGY has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €24k and a net result of €9k. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 54% of 130 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2026
93
/ 100
Excellent▲ +22 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100▲+68
Solvency98▲+14
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.43 against 1.78 in 2025), and 41.1% 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 · 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
58.9%
Return on assets
21.3%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 27-07-2026, 96 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
96 d early
2025
95 d early
2024
93 d early
2023
92 d early
2022
91 d early
2021
96 d early
2020
186 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€24k▲ 56.5%
2025 · €16k
2019: €33k
2020: €3k
2021: €-977
2022: €3k
2023: €11k
2024: €15k
2025: €16k
2019 → 2026
Total assets
€41k▲ 16.6%
2025 · €35k
2019: €34k
2020: €8k
2021: €5k
2022: €51k
2023: €21k
2024: €32k
2025: €35k
2019 → 2026
Net result
€9k▲ 795%
2025 · €983
2019: €2k
2020: €-31k
2021: €-3k
2022: €4k
2023: €9k
2024: €3k
2025: €983
2019 → 2026
Working capital
€24k▲ 56.5%
2025 · €16k
2019: €33k
2020: €3k
2021: €-977
2022: €3k
2023: €11k
2024: €15k
2025: €16k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€3k-€11k▲ 312%€15k▲ 29.0%€16k▲ 6.7%€24k▲ 56.5%
Operating result€6k-€12k▲ 96.2%€5k▼ 54.1%€2k▼ 65.2%€14k▲ 635%
Net result€4k-€9k▲ 130%€3k▼ 61.7%€983▼ 70.0%€9k▲ 795%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 635% above 2025 and is the highest year so far.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €41k
Equity
€24k▲ 56.5%
Debt
€17k▼ 14.7%
The debt ratio falls from 56.1% to 41.1%: equity grows while debt is paid down.
Key figures and ratios
Solvency
58.9%▲
2025 · 43.9%
Current ratio
2.43▲
2025 · 1.78
Quick ratio
2.43▲
2025 · 1.78
Debt / equity
0.70▼
2025 · 1.28
ROE
36.1%▲
2025 · 6.3%
ROA
21.3%▲
2025 · 2.8%
Debt
€17k▼
2025 · €20k
Debt ≤ 1 year
€17k▼
2025 · €20k
Income taxes
€5k▲
2025 · €672
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€35k€41k▲
Current assets29/58€35k€41k▲
Amounts receivable within one year40/41€27k€39k▲
Trade receivables40€27k€39k▲
Cash at bank and in hand54/58€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€35k€41k▲
Equity10/15€16k€24k▲
Contributions10/11€6k€6k=
Reserves13€9k€18k▲
Distributable reserves133€9k€18k▲
Amounts payable17/49€20k€17k▼
Amounts payable within one year42/48€20k€17k▼
Trade debts44€17k€12k▼
Suppliers440/4€17k€12k▼
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48-€262
Income statement
Code20252026
Other operating charges640/8€387€400▲
Non-recurring operating charges66A€458-
Gross operating margin9900€3k€14k▲
Operating profit (loss)9901€2k€14k▲
Financial charges65/66B€183€155▼
Recurring financial charges65€183€155▼
Profit (loss) for the period before taxes9903€2k€13k▲
Income taxes67/77€672€5k▲
Profit (loss) for the period9904€983€9k▲
Profit (loss) for the period to be appropriated9905€983€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€983€9k▲
Transfer to equity691/2€983€9k▲
To other reserves6921€983€9k▲
The notes to these accounts (1 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 2027, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2019net €9k ▲795%
Operating result €14k, net result €9k, both a record.
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 2.19
Current ratio from 1.06 to 2.19; short-term debt falls from €48k to €9k.
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
05-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 186 days late
2020
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 399 days late
31-03
Financial
Weakest financial yearnet €-31k ▼2089%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 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.
Vilvoordsesteenweg 801120 BrusselGround area
3.7 ha
Building footprint
2.1 ha
Volume, LiDAR
226,738 m³
Parcel 21819B0217/00H003, Brussels · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
N.I.ELECTRO STRATEGY
since 20092.183.088.433
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819B0217/00H003 | Brussels | 3.7 ha | 1 · 2.1 ha | 13.4 m · 4 fl. |
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.
Similar companies · same sector, comparable size
VyDec services
BE 0716.816.043
Tournai · Eq €24k
Roy Van Gorp Elektriciteitswerken
BE 0672.402.614
Brasschaat · Eq €24k
HWR
BE 0779.952.452
Mouscron · Eq €24k
Desegher
BE 1017.767.253
Ieper · Eq €24k
TB ELECTRICS
BE 0744.669.097
Torhout · Eq €24k
Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 7,580 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-2009
Fiscal year end31-03
Abbreviation FR
N.I. ELECTRO STRATEGY
Activities, NACEBEL
43211General electrical installation work
33140Repair and maintenance of electrical equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress 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.