PR-ELECTRIC
ActiveSummary
The computed 12-month bankruptcy probability of PR-ELECTRIC is 1.9% (moderate). The 2025 annual accounts show equity of €29k and a net result of €28k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 26% of 27965 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency50▲+25
Growth52▲+30
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.54 against 1.5 in 2024; short-term debt: 37.7% and cash: 6.9% of total assets), but 75.1% of the assets are financed with debt.
Credit check 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
24.9%
Return on assets
24.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €29k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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 · 6 filingsDeviation from the deadline
2025
49 d late
2024
55 d late
2023
48 d early
2022
26 d early
2021
31 d early
2020
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€181k▼ 27.9%
2022 · €252k
2020: €405khighest in 4 years
2021: €318k▼ -21.4% vs 2020
2022: €252k▼ -20.9% vs 2021
2023: €181k▼ -27.9% vs 2022lowest in 4 years
2020 → 2023
EBIT margin
-0.2%▼ 2.1pp
2022 · 1.9%
2020: 5.5%
2021: 5.8%▲ +4.4% vs 2020highest in 4 years
2022: 1.9%▼ -67.7% vs 2021
2023: -0.2%▼ -112% vs 2022lowest in 4 years
2020 → 2023
Net result
€28k
2024 · €-25k
2020: €14k
2021: €11k▼ -19.7% vs 2020
2022: €87▼ -99.2% vs 2021
2023: €-3k▼ -3747% vs 2022
2024: €-25k▼ -687% vs 2023lowest in 6 years
2025: €28k▲ +214% vs 2024highest in 6 years
2020 → 2025
Working capital
€67k▲ 77.8%
2024 · €37k
2020: €36klowest in 6 years
2021: €51k▲ +40.8% vs 2020
2022: €55k▲ +7.3% vs 2021
2023: €58k▲ +5.7% vs 2022
2024: €37k▼ -35.3% vs 2023
2025: €67k▲ +77.8% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€318k-€252k▼ 20.9%€181k▼ 27.9%
2021: €318khighest in 3 years
2022: €252k▼ -20.9% vs 2021
2023: €181k▼ -27.9% vs 2022lowest in 3 years
Equity€28k-€28k▲ 0.3%€25k▼ 11.2%€165▼ 99.3%€29k▲ 17,172%
2021: €28k
2022: €28k▲ +0.3% vs 2021
2023: €25k▼ -11.2% vs 2022
2024: €165▼ -99.3% vs 2023lowest in 5 years
2025: €29k▲ +17172% vs 2024highest in 5 years
Operating result€18k-€5k▼ 74.5%€-396€-14k▼ 3,525%€37k
2021: €18k
2022: €5k▼ -74.5% vs 2021
2023: €-396▼ -108% vs 2022
2024: €-14k▼ -3525% vs 2023lowest in 5 years
2025: €37k▲ +356% vs 2024highest in 5 years
Net result€11k-€87▼ 99.2%€-3k€-25k▼ 687%€28k
2021: €11k
2022: €87▼ -99.2% vs 2021
2023: €-3k▼ -3747% vs 2022
2024: €-25k▼ -687% vs 2023lowest in 5 years
2025: €28k▲ +214% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €37k after a loss of €14k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€5k ▲ 80.1%
Current assets
€110k ▼ 2.8%
Equity and liabilities €115k
Equity
€29k ▲ 17,172%
Debt
€86k ▼ 25.4%
Debt's share of the balance-sheet total falls from 99.9% to 75.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▲
2024 · €-9k
Cash flow
€31k▲
2024 · €-20k
Current ratio
2.54▲
2024 · 1.50
Quick ratio
2.46▲
2024 · 1.37
Debt to equity
3.02
ROE
99.4%
ROA
24.7%▲
2024 · -21.6%
Interest coverage
9.29▲
2024 · -0.86
Debt ≤ 1 year
€43k▼
2024 · €76k
Debt > 1 year
€40k=
2024 · €40k
Income taxes
€4k▲
2024 · €0
Staff costs
€18k▼
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €318k | €252k | €181k | - | - | - |
| Non-recurring operating income76A | - | - | €9k | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €217k | €204k | €175k | - | - | - |
| Remuneration, social security and pensions62 | €83k | €36k | €12k | €33k | €18k | ▼ 45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €5k | €5k | €2k | ▼ 49.8% |
| Other operating charges640/8 | €4k | €5k | €2k | €689 | €5k | ▲ 568% |
| Gross operating margin9900 | €111k | €51k | €18k | €25k | €62k | ▲ 151% |
| Operating profit (loss)9901 | €18k | €5k | €-396 | €-14k | €37k | ▲ 356% |
| Financial income75/76B | €443 | €136 | €320 | €275 | €4 | ▼ 98.6% |
| Recurring financial income75 | €443 | €136 | €320 | €275 | €4 | ▼ 98.6% |
| Financial charges65/66B | €4k | €3k | €3k | €11k | €4k | ▼ 61.3% |
| Recurring financial charges65 | €4k | €3k | €3k | €11k | €4k | ▼ 61.3% |
| Profit (loss) for the period before taxes9903 | €15k | €2k | €-3k | €-25k | €33k | ▲ 230% |
| Income taxes67/77 | €4k | €2k | €366 | €0 | €4k | - |
| Profit (loss) for the period9904 | €11k | €87 | €-3k | €-25k | €28k | ▲ 214% |
| Profit (loss) for the period to be appropriated9905 | €11k | €87 | €-3k | €-25k | €28k | ▲ 214% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €154k | €141k | €128k | €116k | €115k | ▼ 0.9% |
| Fixed assets21/28 | €18k | €14k | €7k | €3k | €5k | ▲ 80.1% |
| Intangible fixed assets21 | €1k | €997 | €498 | €0 | - | - |
| Tangible fixed assets22/27 | €16k | €13k | €7k | €3k | €5k | ▲ 80.1% |
| Land and buildings22 | €3k | €2k | €927 | €8 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €7k | €6k | €5k | €2k | €2k | ▼ 16.8% |
| Furniture and vehicles24 | €7k | €5k | €1k | €814 | €3k | ▲ 307% |
| Current assets29/58 | €137k | €128k | €121k | €113k | €110k | ▼ 2.8% |
| Stocks and contracts in progress3 | €12k | €13k | €10k | €9k | €3k | ▼ 64.5% |
| Stocks30/36 | €12k | €13k | €10k | €9k | €3k | ▼ 64.5% |
| Amounts receivable within one year40/41 | €114k | €109k | €98k | €101k | €97k | ▼ 3.9% |
| Trade receivables40 | €101k | €100k | €90k | €96k | €94k | ▼ 2.2% |
| Other amounts receivable41 | €13k | €9k | €8k | €5k | €3k | ▼ 37.2% |
| Cash at bank and in hand54/58 | €9k | €1k | €8k | €252 | €8k | ▲ 3,036% |
| Deferred charges and accrued income490/1 | €1k | €5k | €4k | €3k | €2k | ▼ 30.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €154k | €141k | €128k | €116k | €115k | ▼ 0.9% |
| Equity10/15 | €28k | €28k | €25k | €165 | €29k | ▲ 17,172% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves13 | €23k | €23k | €20k | €20k | €24k | ▲ 16.8% |
| Distributable reserves133 | €23k | €23k | €20k | €20k | €24k | ▲ 16.8% |
| Profit (loss) carried forward14 | - | - | - | €-25k | €0 | ▲ 100% |
| Amounts payable17/49 | €126k | €113k | €103k | €116k | €86k | ▼ 25.4% |
| Amounts payable after more than one year17 | €40k | €40k | €40k | €40k | €40k | = |
| Other amounts payable178/9 | €40k | €40k | €40k | €40k | €40k | = |
| Amounts payable within one year42/48 | €86k | €73k | €63k | €76k | €43k | ▼ 42.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3k | €0 | ▼ 100% |
| Trade debts44 | €47k | €45k | €49k | €39k | €29k | ▼ 25.4% |
| Suppliers440/4 | €47k | €45k | €49k | €39k | €29k | ▼ 25.4% |
| Taxes, remuneration and social security45 | €29k | €16k | €12k | €29k | €7k | ▼ 76.2% |
| Taxes450/3 | €7k | €9k | €11k | €16k | €7k | ▼ 57.1% |
| Remuneration and social security454/9 | €21k | €6k | €879 | €13k | €0 | ▼ 100% |
| Other amounts payable47/48 | €10k | €12k | €2k | €5k | €7k | ▲ 54.6% |
| Accrued charges and deferred income492/3 | €445 | - | - | - | €3k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €87 | €-3k | €-25k | €28k | ▲ 214% |
| + Depreciation and write-downs630 | €6k | €6k | €5k | €5k | €2k | ▼ 49.8% |
| Operating cash flow (approximation) | €17k | €6k | €2k | €-20k | €31k | ▲ 254% |
| Investment in fixed assets (approximation) | - | €-2k | €1k | €-382 | €-5k | ▼ 1,117% |
| Change in cash | - | €-8k | €7k | €-8k | €8k | ▲ 196% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2025
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zonhoven · 1 establishment unit since 2019
Ground area
402 m²
Building footprint
120 m²
Volume, LiDAR
740 m³
Parcel 71066A0674/00G000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PR-ELECTRIC
since 20192.297.186.563
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71066A0674/00G000 | Flanders | 402 m² | 1 · 120 m² | 9.5 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 240 EUR awarded · 240 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 240 EUR | 240 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 7,899 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Scores and ratios are computed by Checked and are not a credit decision.