ODB ELEKTRO
ActiveODB ELEKTRO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €77k and a net result of €8k. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-13
Solvency61▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.07 in 2023; short-term debt: 18.3% and cash: 6.1% of total assets), and 63.9% 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 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
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 2024Solvency, return and age of the figures
Solvency
36.1%
Return on assets
3.7%
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 27-09-2025, 58 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
54 d late
2022
48 d late
2021
75 d late
2020
79 d late
2019
50 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€77k▲ 11.3%
2023 · €69k
2018: €20k
2019: €22k
2020: €30k
2021: €31k
2022: €34k
2023: €69k
2018 → 2024
Total assets
€214k▼ 14.4%
2023 · €250k
2018: €302k
2019: €266k
2020: €278k
2021: €233k
2022: €201k
2023: €250k
2018 → 2024
Net result
€8k▼ 77.6%
2023 · €35k
2018: €20
2019: €2k
2020: €8k
2021: €754
2022: €4k
2023: €35k
2018 → 2024
Working capital
€14k▲ 275%
2023 · €4k
2018: €10k
2019: €6k
2020: €-8k
2021: €-9k
2022: €-10k
2023: €4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€30k-€31k▲ 2.5%€34k▲ 12.1%€69k▲ 102%€77k▲ 11.3%
Operating result€17k-€7k▼ 57.0%€9k▲ 20.4%€53k▲ 484%€15k▼ 71.0%
Net result€8k-€754▼ 90.8%€4k▲ 392%€35k▲ 844%€8k▼ 77.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 71% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €214k
Fixed assets
€161k▼ 15.9%
Current assets
€53k▼ 9.6%
Equity and liabilities €214k
Equity
€77k▲ 11.3%
Debt
€137k▼ 24.3%
The debt ratio falls from 72.3% to 63.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▼
2023 · €80k
Cash flow
€42k▼
2023 · €63k
Solvency
36.1%▲
2023 · 27.7%
Current ratio
1.36▲
2023 · 1.07
Quick ratio
1.12▲
2023 · 0.84
Debt / equity
1.77▼
2023 · 2.60
ROE
10.2%▼
2023 · 50.5%
ROA
3.7%▼
2023 · 14.0%
Interest coverage
13.57▼
2023 · 21.70
Debt
€137k▼
2023 · €181k
Debt ≤ 1 year
€39k▼
2023 · €55k
Debt > 1 year
€97k▼
2023 · €125k
Income taxes
€4k▼
2023 · €14k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€250k€214k▼
Fixed assets21/28€191k€161k▼
Tangible fixed assets22/27€191k€161k▼
Land and buildings22€80k€72k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€8k€6k▼
Leasing and similar rights25€87k€66k▼
Other tangible fixed assets26€12k€14k▲
Current assets29/58€59k€53k▼
Stocks and contracts in progress3€12k€9k▼
Stocks30/36€12k€9k▼
Amounts receivable within one year40/41€24k€30k▲
Trade receivables40€23k€23k▲
Other amounts receivable41€1k€7k▲
Cash at bank and in hand54/58€23k€13k▼
Deferred charges and accrued income490/1-€413
Equity and liabilities
Total equity and liabilities10/49€250k€214k▼
Equity10/15€69k€77k▲
Contributions10/11€20k€20k=
Reserves13€47k€55k▲
Distributable reserves133€47k€55k▲
Profit (loss) carried forward14€2k€2k=
Amounts payable17/49€181k€137k▼
Amounts payable after more than one year17€125k€97k▼
Financial debts170/4€125k€97k▼
Amounts payable within one year42/48€55k€39k▼
Current portion of amounts payable after more than one year42€28k€29k▲
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€8k€8k▲
Other amounts payable47/48€19k€2k▼
Income statement
Code20232024
Non-recurring operating income76A€12k-
Remuneration, social security and pensions62€160-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€34k▲
Other operating charges640/8€287€465▲
Gross operating margin9900€81k€50k▼
Operating profit (loss)9901€53k€15k▼
Financial income75/76B€32€92▲
Recurring financial income75€32€92▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€49k€12k▼
Income taxes67/77€14k€4k▼
Profit (loss) for the period9904€35k€8k▼
Profit (loss) for the period to be appropriated9905€35k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€10k▼
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer to equity691/2€35k€8k▼
To other reserves6921€35k€8k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Highest result since 2018net €35k ▲844%
Operating result €53k, net result €35k, both a record.
17-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 48 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 79 days late
2020
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 50 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 64 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
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, Duffel · 1 establishment unit since 2013
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.
Kraanstraat 422570 DuffelGround area
1,152 m²
Building footprint
297 m²
Volume, LiDAR
1,421 m³
Parcel 12302B0555/00M000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ODB ELEKTRO BVBA
since 20132.217.366.748
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12302B0555/00M000 | Flanders | 1,152 m² | 1 · 297 m² | 7.4 m · 2 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
DIETRONIC
BE 0729.644.985
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Meersman Kim
BE 0524.847.994
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AG Solutions
BE 0759.667.772
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General Electronic Services
BE 0435.577.510
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EDI Concept
BE 0678.637.140
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Of 1,123 companies in sector 43212 we hold annual accounts for 420. 357 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2013
Fiscal year end31-12
Activities, NACEBEL
43212Electrical installation work in industrial facilities
43211General electrical installation work
43230Insulation installation
43291Specialised construction activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.