S&J Electric
ActiveThe computed 12-month bankruptcy probability of S&J Electric is 2.5% (moderate). The 2024 annual accounts show equity of €27k and a net result of €3k. Its solvency ranks better than 57% of 36373 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+4
Solvency78▲+22
Growth78
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.28 in 2023; short-term debt: 46.9% and cash: 14.6% of total assets), and 47.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
52.5%
Return on assets
6.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
8 d late
2023
7 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€27k▲ 14.4%
2023 · €23k
2023: €23k
2023 → 2024
Total assets
€51k▼ 33.3%
2023 · €76k
2023: €76k
2023 → 2024
Net result
€3k▲ 16.5%
2023 · €3k
2023: €3k
2023 → 2024
Working capital
€6k▼ 55.5%
2023 · €14k
2023: €14k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€23k-€27k▲ 14.4%
Operating result€6k-€7k▲ 14.3%
Net result€3k-€3k▲ 16.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 14% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €51k
Fixed assets
€21k▲ 57.4%
Current assets
€30k▼ 52.3%
Equity and liabilities €51k
Equity
€27k▲ 14.4%
Debt
€24k▼ 54.3%
The debt ratio falls from 69.4% to 47.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▲
2023 · €11k
Cash flow
€9k▲
2023 · €8k
Solvency
52.5%▲
2023 · 30.6%
Current ratio
1.26▼
2023 · 1.28
Quick ratio
0.94▼
2023 · 1.13
Debt / equity
0.90▼
2023 · 2.26
ROE
12.6%▲
2023 · 12.4%
ROA
6.6%▲
2023 · 3.8%
Interest coverage
6.93▼
2023 · 9.75
Debt
€24k▼
2023 · €53k
Debt ≤ 1 year
€24k▼
2023 · €49k
Debt > 1 year
€293▼
2023 · €4k
Income taxes
€2k▼
2023 · €2k
Staff costs
€797
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€76k€51k▼
Fixed assets21/28€13k€21k▲
Tangible fixed assets22/27€13k€21k▲
Land and buildings22-€13k
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€63k€30k▼
Stocks and contracts in progress3€8k€8k▼
Stocks30/36€8k€8k▼
Amounts receivable within one year40/41€46k€15k▼
Trade receivables40€41k€13k▼
Other amounts receivable41€5k€2k▼
Cash at bank and in hand54/58€8k€7k▼
Deferred charges and accrued income490/1€530-
Equity and liabilities
Total equity and liabilities10/49€76k€51k▼
Equity10/15€23k€27k▲
Contributions10/11€750€750=
Reserves13€23k€26k▲
Distributable reserves133€23k€26k▲
Amounts payable17/49€53k€24k▼
Amounts payable after more than one year17€4k€293▼
Financial debts170/4€4k€293▼
Amounts payable within one year42/48€49k€24k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€35k€18k▼
Suppliers440/4€35k€18k▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€2k▼
Other amounts payable47/48€4k-
Income statement
Code20232024
Remuneration, social security and pensions62-€797
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€15k€17k▲
Operating profit (loss)9901€6k€7k▲
Financial income75/76B€11€0▼
Recurring financial income75€11€0▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€5k€5k▲
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€3k€3k▲
Profit (loss) for the period to be appropriated9905€3k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€3k▲
Transfer to equity691/2€3k€3k▲
To other reserves6921€3k€3k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
NBB filing
Directors · office · real estate
Directors
3 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, Kontich · 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.
Wilgstuk 262550 KontichGround area
192 m²
Building footprint
72 m²
Volume, LiDAR
502 m³
Parcel 11602E0190/00L004, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
S&J Electric
since 20202.306.056.224
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0190/00L004 | Flanders | 192 m² | 1 · 72 m² | 8.7 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 179 EUR awarded · 179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 179 EUR | 179 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 7,794 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2020
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.
Contact details
2 entriesE-mail:jan@lambregts.be
E-mail:snj.electric@outlook.com