Financials
- Fiscal year
- 2024
- Total assets
- €76,317
- Profit
- €24,700
- Solvency
- 35.0%
RB ELEC
ActiveSummary
The computed 12-month bankruptcy probability of RB ELEC is 4.9% (elevated). The 2024 annual accounts show equity of €26,700 and a net result of €24,700. Its solvency ranks better than 37% of 36364 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€76,317total assets 2024
- Equity
- €26,700
- Profit
- €24,700
Turnover not published (abridged schema)
Structure
Accounts filed 29 d late0 of 2 deeds read
Why 38- Figures for FY 2024 (filed 29-08-2025)- Founded in 2023- 1 financial year not filed after the legal deadline; latest accounts 29 days late- Size: total assets €76,317Show the evidence
Checked score
Score 2024
38
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 47% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency
60
equity 35.0% of total assets
Liquidity
20
short-term debt 65.0% · cash 3.3%
Profitability
100
return on assets 32.4%
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 1.9%lowest value
02-2025: 1.9%● 0.0% vs 01-2025lowest value
03-2025: 1.9%▲ +4.7% vs 02-2025
04-2025: 2.3%▲ +16.7% vs 03-2025
05-2025: 2.4%▲ +5.7% vs 04-2025
06-2025: 2.7%▲ +11.5% vs 05-2025
07-2025: 2.7%● 0.0% vs 06-2025
08-2025: 3.0%▲ +10.3% vs 07-2025
09-2025: 2.9%▼ -2.6% vs 08-2025
10-2025: 2.8%▼ -1.1% vs 09-2025
11-2025: 2.8%● -0.0% vs 10-2025
12-2025: 3.0%▲ +4.4% vs 11-2025
01-2026: 3.0%▲ +0.3% vs 12-2025
02-2026: 3.0%● 0.0% vs 01-2026
03-2026: 3.0%● 0.0% vs 02-2026
04-2026: 3.1%▲ +3.4% vs 03-2026
05-2026: 3.1%▲ +0.7% vs 04-2026
06-2026: 3.1%▼ -0.9% vs 05-2026
07-2026: 3.2%▲ +3.2% vs 06-2026
08-2026: 3.5%▲ +12.2% vs 07-2026
09-2026: 3.7%▲ +3.1% vs 08-2026
10-2026: 4.9%▲ +34.7% vs 09-2026highest value
- Figures for FY 2024 (filed 29-08-2025) raises the probability
- Founded in 2023 raises the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 29 days late raises the probability
- Size: total assets €76,317 raises the probability for this profile
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.51; short-term debt: 65% and cash: 3.3% of total assets), but 65% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 37%, liquidity 11%, profitability 93%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 1 filingDeviation from the deadline
2024
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 29 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 29-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 21-12-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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