RZ ELECTRIC
ActiveThe computed 12-month bankruptcy probability of RZ ELECTRIC is 3.9% (moderate). The 2025 annual accounts show equity of €57k and a net result of €8k. Equity is growing by ~66% per year across the filed fiscal years. Its solvency ranks better than 76% of 27619 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-13
Solvency96▲+22
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.16 against 2.06 in 2024; short-term debt: 23.1% and cash: 42% of total assets), and 28.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
71.4%
Return on assets
10.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 d early
2024
61 d late
2023
31 d late
2022
21 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▲ 75.7%
2024 · €32k
2022: €15k
2023: €19k
2024: €32k
2022 → 2025
Total assets
€80k▲ 20.4%
2024 · €66k
2022: €23k
2023: €43k
2024: €66k
2022 → 2025
Net result
€8k▼ 39.0%
2024 · €14k
2022: €12k
2023: €7k
2024: €14k
2022 → 2025
Working capital
€58k▲ 112%
2024 · €28k
2022: €11k
2023: €13k
2024: €28k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€15k-€19k▲ 27.4%€32k▲ 74.8%€57k▲ 75.7%
Operating result€16k-€8k▼ 49.1%€21k▲ 160%€14k▼ 31.0%
Net result€12k-€7k▼ 39.5%€14k▲ 98.5%€8k▼ 39.0%
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 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€3k▼ 76.9%
Current assets
€77k▲ 43.9%
Equity and liabilities €80k
Equity
€57k▲ 75.7%
Debt
€23k▼ 32.7%
The debt ratio falls from 51.0% to 28.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▼
2024 · €27k
Cash flow
€14k▼
2024 · €21k
Solvency
71.4%▲
2024 · 49.0%
Current ratio
4.16▲
2024 · 2.06
Quick ratio
3.58▲
2024 · 2.06
Debt / equity
0.40▼
2024 · 1.04
ROE
14.8%▼
2024 · 42.8%
ROA
10.6%▼
2024 · 20.9%
Interest coverage
24.69▼
2024 · 31.58
Debt
€23k▼
2024 · €34k
Debt ≤ 1 year
€18k▼
2024 · €26k
Debt > 1 year
€4k▼
2024 · €8k
Income taxes
€5k▼
2024 · €6k
Staff costs
€843
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€66k€80k▲
Fixed assets21/28€13k€3k▼
Tangible fixed assets22/27€13k€3k▼
Plant, machinery and equipment23€1k€788▼
Furniture and vehicles24€12k€2k▼
Current assets29/58€53k€77k▲
Stocks and contracts in progress3-€11k
Stocks30/36-€11k
Amounts receivable within one year40/41€22k€31k▲
Trade receivables40€10k€25k▲
Other amounts receivable41€12k€7k▼
Cash at bank and in hand54/58€30k€34k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€66k€80k▲
Equity10/15€32k€57k▲
Contributions10/11€1€1=
Profit (loss) carried forward14€32k€57k▲
Amounts payable17/49€34k€23k▼
Amounts payable after more than one year17€8k€4k▼
Financial debts170/4€8k€4k▼
Amounts payable within one year42/48€26k€18k▼
Current portion of amounts payable after more than one year42€3k€4k▲
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Advances received on contracts in progress46€835-
Taxes, remuneration and social security45€6k€9k▲
Taxes450/3€6k€9k▲
Remuneration and social security454/9-€357
Other amounts payable47/48€12k-
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€127k-
Remuneration, social security and pensions62-€843
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€30k€29k▼
Operating profit (loss)9901€21k€14k▼
Financial income75/76B€0€190▲
Recurring financial income75€0€190▲
Financial charges65/66B€863€798▼
Recurring financial charges65€863€798▼
Profit (loss) for the period before taxes9903€20k€14k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€14k€8k▼
Profit (loss) for the period to be appropriated9905€14k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€57k▲
Profit (loss) brought forward from the previous period14P€19k€49k▲
The notes to these accounts (9 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 4.16
Current ratio from 2.06 to 4.16; short-term debt falls from €26k to €18k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2022net €14k ▲98.5%
Operating result €21k, net result €14k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €7k ▼39.5%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Anderlecht · 1 establishment unit since 2022
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.
Solidariteitsstraat 301070 AnderlechtGround area
144 m²
Building footprint
58 m²
Volume, LiDAR
417 m³
Parcel 21306D0066/00A003, Brussels · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RZ ELECTRIC
since 20222.334.949.653
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0066/00A003 | Brussels | 144 m² | 1 · 58 m² | 10.3 m · 3 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
IS.ER
BE 0549.827.078
Wetteren · Eq €57k
MARKATWAN
BE 0445.349.764
Brakel · Eq €57k
Notredame Kim
BE 0716.862.365
Tielt · Eq €57k
DECOBOX
BE 0840.298.429
Antoing · Eq €57k
PROJEC'TOIT
BE 0567.605.495
Braine-le-Château · Eq €57k
Of 4,096 companies in sector 43240 we hold annual accounts for 1,631. 1,345 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
43221Plumbing work
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.