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RIK ELLENTRIK

Active
Private limited companyfounded 2017active for 9 yearsDreefvelden 58, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0670.577.133

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of RIK ELLENTRIK is 2.1% (moderate). The 2025 annual accounts show equity of €114,369 and a net result of €493,649. Equity has been growing by about 10% per year since 2019. Its solvency ranks better than 10% of 9,883 sector peers (NACE 43, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 31-01-2017 Normal situation
Activity
General electrical installation work NACE 43211and 1 other
Establishment unit
2.261.392.771 2860 Sint-Katelijne-Waver, since 31-01-2017
Financial year end
31 March
Peppol
Reachable since 02-12-2025

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts to 31-03-2025
Gross margin
€1.0m
▼ 4.3%
Turnover
≈ €2.8m
estimated
Profit
€493,649
▼ 6.5%
Equity
€114,369
▲ 61.7%
Total assets
€1.5m
▲ 9.7%
Staff
5 FTE
▲ 6.4%
2026 accounts not filed, 1 day past the deadline
Filed on 21-11-2025PDF
Score breakdownraises riskEquity €114,369 (7.5% of total assets)1 change of registered office in 24 monthsFigures for financial year 2025 (filed on 23-11-2025)lowers riskLiquidity: current ratio 0.85, cash €376,374Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 33+3
equity 7.5% of total assets
Liquidity 31-12
short-term debt 92.5% · cash 24.7%
Profitability 100=
return on assets 32.5%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.9% 12-2024: 2.2%▲ +0.3 percentage points vs 11-2024 01-2025: 0.8%▼ -1.4 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.1%▲ +0.4 percentage points vs 06-2025 08-2025: 1.3%▲ +0.2 percentage points vs 07-2025 09-2025: 1.5%▲ +0.2 percentage points vs 08-2025 10-2025: 1.7%▲ +0.2 percentage points vs 09-2025 11-2025: 2.5%▲ +0.8 percentage points vs 10-2025highest value 12-2025: 1.0%▼ -1.5 percentage points vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 2.1%▲ +0.6 percentage points vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.85 (0.88 in 2024), below 1. Short-term debt is 92.5% and cash 24.7% of total assets. 92.5% 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, micro). It does better than 12% of them on solvency, 19% on liquidity, 92% on profitability and 86% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Six signals.
lowers riskraises risk
raises risk · Equity €114,369 (7.5% of total assets)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.85, cash €376,374
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 23-11-2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9883 sector peers (2025).
NBB · sector comparison
Position among 9883 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-11-2025, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2026
not filed
2025
21 days late
2024
29 days late
2023
14 days late
2022
29 days late
2021
20 days late
2020
46 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 27 days after 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 89% of companies in specialised constructionsector median 44.0% · 9,883 companies 7.5% View
  • Positive: 7 profitable years in a rowprofit 2025: €493,649 7 years View

Comparable companies

These companies have the same main activity as RIK ELLENTRIK: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.2m and €1.9m, founded between 2015 and 2020.

CompanyTotal assetsGross margin
RIK ELLENTRIK Sint-Katelijne-Waver€1.5m€1.0m
ECO project Denderleeuw€1.9m€1.1m
WIRELINE Heist-op-den-Berg€1.2m€0.7m
BVK SECURITY Lede€1.3m€0.7m
KVS GROUPS Heusden-Zolder€1.2m€0.8m
ELEKTRICITEITSWERKEN COOL Zedelgem€1.8m€0.9m
PLINIUS Industriële Automatisatie Lummen€1.6m€1.3m
Full comparison

Documents

Annual accounts at the NBB

All 8 annual accounts

Articles and registers

Key facts about RIK ELLENTRIK

What is the company number of RIK ELLENTRIK?
The company number of RIK ELLENTRIK is 0670.577.133. The VAT number is the same number with BE in front: BE 0670.577.133.
Where is RIK ELLENTRIK based?
The registered office is at Dreefvelden 58, 2860 Sint-Katelijne-Waver.Company details
What does RIK ELLENTRIK do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of RIK ELLENTRIK?
The legal form of RIK ELLENTRIK is Private limited company (BV).
When was RIK ELLENTRIK founded?
RIK ELLENTRIK was founded on 31-01-2017.
Is RIK ELLENTRIK still active?
Yes, RIK ELLENTRIK is an active enterprise in the KBO register.
How many employees does RIK ELLENTRIK have?
RIK ELLENTRIK had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RIK ELLENTRIK?
The turnover in financial year 2025 is ≈ €2.8m. This figure is estimated from the gross margin of €1.0m and 31 comparable companies (NACE 432). It probably lies between €2.2m and €3.5m.
Is RIK ELLENTRIK profitable?
In financial year 2025, RIK ELLENTRIK made a profit of €493,649.
Where can I find the annual accounts of RIK ELLENTRIK?
RIK ELLENTRIK filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

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