RS-ELEKTRO
ActiveThe computed 12-month bankruptcy probability of RS-ELEKTRO is 2.0% (moderate). The 2025 annual accounts show equity of €40k and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 27711 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▲+5
Solvency33▲+3
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 0.86 in 2024; short-term debt: 19.9% and cash: 0.1% of total assets), and 92.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
Sector 43
higher
← 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
7.8%
Return on assets
3.4%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 13%
← weakest
strongest →
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
2122232425
2021 to 2025 · latest year €40k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-03-2026, 42 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
42 d early
2024
62 d early
2023
35 d early
2022
72 d early
2021
52 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▲ 75.2%
2024 · €23k
2021: €23k
2022: €47k
2023: €9k
2024: €23k
2021 → 2025
Total assets
€513k▲ 6.8%
2024 · €480k
2021: €145k
2022: €175k
2023: €524k
2024: €480k
2021 → 2025
Net result
€17k▲ 24.4%
2024 · €14k
2021: €17k
2022: €25k
2023: €-38k
2024: €14k
2021 → 2025
Working capital
€28
2024 · €-13k
2021: €18k
2022: €39k
2023: €-27k
2024: €-13k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€47k▲ 109%€9k▼ 80.8%€23k▲ 153%€40k▲ 75.2%
Operating result€21k-€31k▲ 46.6%€-32k€33k€34k▲ 2.0%
Net result€17k-€25k▲ 48.1%€-38k€14k€17k▲ 24.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €513k
Fixed assets
€411k▲ 3.2%
Current assets
€102k▲ 24.1%
Equity and liabilities €513k
Equity
€40k▲ 75.2%
Debt
€473k▲ 3.3%
The debt ratio falls from 95.2% to 92.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58k▲
2024 · €57k
Cash flow
€42k▲
2024 · €38k
Solvency
7.8%▲
2024 · 4.8%
Current ratio
1.00▲
2024 · 0.86
Quick ratio
0.58▲
2024 · 0.34
Debt / equity
11.77▼
2024 · 19.97
ROE
42.9%▼
2024 · 60.5%
ROA
3.4%▲
2024 · 2.9%
Interest coverage
3.17▲
2024 · 2.60
Debt
€473k▲
2024 · €458k
Debt ≤ 1 year
€102k▲
2024 · €95k
Debt > 1 year
€371k▲
2024 · €362k
Income taxes
€2k▲
2024 · €162
Staff costs
€48k▲
2024 · €46k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€480k€513k▲
Fixed assets21/28€398k€411k▲
Tangible fixed assets22/27€398k€411k▲
Land and buildings22€378k€365k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€17k€44k▲
Other tangible fixed assets26€2k-
Financial fixed assets28€94€160▲
Current assets29/58€82k€102k▲
Stocks and contracts in progress3€49k€43k▼
Stocks30/36€30k€43k▲
Contracts in progress37€19k-
Amounts receivable within one year40/41€29k€53k▲
Trade receivables40€26k€37k▲
Other amounts receivable41€4k€16k▲
Cash at bank and in hand54/58€116€274▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€480k€513k▲
Equity10/15€23k€40k▲
Contributions10/11€6k€6k=
Reserves13€41k€41k=
Distributable reserves133€41k€41k=
Profit (loss) carried forward14€-24k€-7k▲
Amounts payable17/49€458k€473k▲
Amounts payable after more than one year17€362k€371k▲
Financial debts170/4€362k€371k▲
Amounts payable within one year42/48€95k€102k▲
Current portion of amounts payable after more than one year42€26k€26k▼
Financial debts43€15k€5k▼
Credit institutions430/8€15k€5k▼
Trade debts44€49k€67k▲
Suppliers440/4€49k€67k▲
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€974€2k▲
Remuneration and social security454/9€5k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€46k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€106k€108k▲
Operating profit (loss)9901€33k€34k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€22k€18k▼
Recurring financial charges65€22k€18k▼
Profit (loss) for the period before taxes9903€14k€19k▲
Income taxes67/77€162€2k▲
Profit (loss) for the period9904€14k€17k▲
Profit (loss) for the period to be appropriated9905€14k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-7k▲
Profit (loss) brought forward from the previous period14P€-38k€-24k▲
The notes to these accounts (12 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 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-38k ▼255%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
17-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2021net €25k ▲48.1%
Net result €25k, the highest in the series.
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Deinze · 1 establishment unit since 2020
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.
Langemunt 759850 DeinzeGround area
885 m²
Building footprint
111 m²
Volume, LiDAR
731 m³
Parcel 44070B0001/00E004, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RS-ELEKTRO
since 20202.308.478.254
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44070B0001/00E004 | Flanders | 885 m² | 1 · 110 m² | 9.6 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.
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B-THERM
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2020
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
42220Construction of utility projects for electricity and telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.