SC-ELECTRICS
ActiveSummary
SC-ELECTRICS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €502k and a net result of €11k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 20.66 against 5.98 in 2023; short-term debt: 3.4% and cash: 54.9% of total assets), and 13.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
86.8%
Return on assets
2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
35 d early
2022
38 d early
2021
52 d early
2020
12 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€502k▲ 2.3%
2023 · €490k
Total assets
€578k▼ 7.2%
2023 · €622k
Net result
€11k▼ 55.5%
2023 · €26k
Working capital
€381k▲ 8.1%
2023 · €352k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€144k▲ 42.9%€148k▲ 2.4%€82k▼ 44.6%€45k▼ 45.6%€20k▼ 55.8%
Net result€98k▲ 35.0%€104k▲ 5.6%€55k▼ 47.5%€26k▼ 53.0%€11k▼ 55.5%
Equity€362k▲ 37.3%€466k▲ 28.7%€464k▼ 0.3%€490k▲ 5.5%€502k▲ 2.3%
Total assets€448k▲ 28.8%€643k▲ 43.7%€645k▲ 0.3%€622k▼ 3.5%€578k▼ 7.2%
Debt€86k▲ 1.9%€177k▲ 107%€180k▲ 1.8%€132k▼ 26.8%€76k▼ 42.4%
Working capital€353k▲ 40.9%€337k▼ 4.4%€378k▲ 12.0%€352k▼ 6.7%€381k▲ 8.1%
Staff (FTE)11=1=1.2▲ 20.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 56% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €578k
Fixed assets
€177k ▼ 11.0%
Current assets
€401k ▼ 5.4%
Equity and liabilities €578k
Equity
€502k ▲ 2.3%
Debt
€76k ▼ 42.4%
Debt's share of the balance-sheet total falls from 21.2% to 13.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▼
2023 · €65k
Cash flow
€39k▼
2023 · €46k
Current ratio
20.66▲
2023 · 5.98
Quick ratio
20.29▲
2023 · 5.88
Debt to equity
0.15▼
2023 · 0.27
ROE
2.3%▼
2023 · 5.2%
ROA
2.0%▼
2023 · 4.1%
Interest coverage
12.30▼
2023 · 17.86
Debt ≤ 1 year
€19k▼
2023 · €71k
Debt > 1 year
€57k▼
2023 · €61k
Income taxes
€5k▼
2023 · €15k
Staff costs
€53k▲
2023 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €48k | €46k | €52k | €53k | ▲ 1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €17k | €16k | €20k | €28k | ▲ 37.4% |
| Other operating charges640/8 | - | €3k | €3k | €16k | €4k | ▼ 74.0% |
| Gross operating margin9900 | €202k | €215k | €146k | €133k | €105k | ▼ 21.4% |
| Operating profit (loss)9901 | €144k | €148k | €82k | €45k | €20k | ▼ 55.8% |
| Financial income75/76B | - | €43 | - | - | €167 | - |
| Recurring financial income75 | €4 | €43 | - | - | €167 | - |
| Financial charges65/66B | - | €3k | €5k | €4k | €4k | ▲ 6.6% |
| Recurring financial charges65 | €2k | €3k | €5k | €4k | €4k | ▲ 6.6% |
| Profit (loss) for the period before taxes9903 | €142k | €145k | €77k | €41k | €16k | ▼ 60.9% |
| Income taxes67/77 | €44k | €41k | €22k | €15k | €5k | ▼ 70.0% |
| Profit (loss) for the period9904 | €98k | €104k | €55k | €26k | €11k | ▼ 55.5% |
| Profit (loss) for the period to be appropriated9905 | €98k | €104k | €55k | €26k | €11k | ▼ 55.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €448k | €643k | €645k | €622k | €578k | ▼ 7.2% |
| Fixed assets21/28 | €9k | €139k | €157k | €199k | €177k | ▼ 11.0% |
| Tangible fixed assets22/27 | €9k | €139k | €157k | €199k | €177k | ▼ 11.0% |
| Land and buildings22 | - | €75k | €95k | €92k | €96k | ▲ 4.9% |
| Plant, machinery and equipment23 | - | €17k | €14k | €10k | €6k | ▼ 36.9% |
| Furniture and vehicles24 | - | €47k | €49k | €97k | €74k | ▼ 23.4% |
| Financial fixed assets28 | €120 | €120 | €120 | €120 | €120 | = |
| Current assets29/58 | €438k | €504k | €488k | €423k | €401k | ▼ 5.4% |
| Stocks and contracts in progress3 | €4k | €6k | €11k | €7k | €7k | ▼ 2.8% |
| Stocks30/36 | - | €6k | €11k | €7k | €7k | ▼ 2.8% |
| Amounts receivable within one year40/41 | €82k | €125k | €238k | €144k | €75k | ▼ 48.0% |
| Trade receivables40 | - | €105k | €217k | €144k | €60k | ▼ 57.9% |
| Other amounts receivable41 | - | €20k | €21k | - | €14k | - |
| Cash at bank and in hand54/58 | €350k | €367k | €236k | €272k | €317k | ▲ 16.7% |
| Deferred charges and accrued income490/1 | - | €5k | €3k | €368 | €1k | ▲ 261% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €448k | €643k | €645k | €622k | €578k | ▼ 7.2% |
| Equity10/15 | €362k | €466k | €464k | €490k | €502k | ▲ 2.3% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €289k | €393k | €392k | €417k | €429k | ▲ 2.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €391k | €390k | €415k | €427k | ▲ 2.7% |
| Profit (loss) carried forward14 | €67k | €67k | €67k | €67k | €67k | = |
| Amounts payable17/49 | €86k | €177k | €180k | €132k | €76k | ▼ 42.4% |
| Amounts payable after more than one year17 | - | €11k | €70k | €61k | €57k | ▼ 7.6% |
| Financial debts170/4 | - | €11k | €70k | €61k | €57k | ▼ 7.6% |
| Amounts payable within one year42/48 | €86k | €166k | €110k | €71k | €19k | ▼ 72.6% |
| Current portion of amounts payable after more than one year42 | - | €6k | €11k | €9k | €5k | ▼ 49.8% |
| Financial debts43 | - | €3k | €8k | - | - | - |
| Credit institutions430/8 | - | €3k | €8k | - | - | - |
| Trade debts44 | €23k | €129k | €49k | €36k | €7k | ▼ 80.4% |
| Suppliers440/4 | - | €129k | €49k | €36k | €7k | ▼ 80.4% |
| Taxes, remuneration and social security45 | - | €25k | €41k | €25k | €8k | ▼ 69.0% |
| Taxes450/3 | - | €21k | €34k | €21k | €4k | ▼ 81.9% |
| Remuneration and social security454/9 | - | €4k | €7k | €3k | €4k | ▲ 11.1% |
| Other amounts payable47/48 | - | €2k | €630 | €700 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €98k | €104k | €55k | €26k | €11k | ▼ 55.5% |
| + Depreciation and write-downs630 | €8k | €17k | €16k | €20k | €28k | ▲ 37.4% |
| Operating cash flow (approximation) | €107k | €121k | €70k | €46k | €39k | ▼ 14.4% |
| Investment in fixed assets (approximation) | - | €-147k | €-34k | €-62k | €-6k | ▲ 90.3% |
| Change in cash | - | €17k | €-131k | €36k | €45k | ▲ 25.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €11k ▼55.5%
Net result drops to €11k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 20.66
Current ratio from 5.98 to 20.66; short-term debt falls from €71k to €19k.
31-12
Financial
Equity above €500kEq €502k ▲2.3%
7 profitable years in a row build equity to €502k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €104k ▲5.6%
Operating result €148k, net result €104k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €264k ▲38.2%
2 profitable years in a row build equity to €264k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
08-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
03-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Opwijk · 1 establishment unit since 2014
Ground area
811 m²
Building footprint
182 m²
Volume, LiDAR
868 m³
Parcel 23060C0146/02H002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SC-ELEKTRICITEITSWERKEN
since 20142.234.263.356
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23060C0146/02H002 | Flanders | 811 m² | 1 · 182 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 · 351 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 351 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsElektrische installaties duaal (so)
Elektrotechnisch installateur (vwo)
Similar companies · same sector, comparable size
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PHELEK
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 6,480 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Contact
Website
www..sc-electrics.beOpwijk
E-mail
info@sc-electrics.beOpwijk
Scores and ratios are computed by Checked and are not a credit decision.