Financials
- Financial year
- 2024
- Total assets
- €1.8m
- Profit
- €232,511
- Solvency
- 80.7%
Total assets▲ 3.9%
Net result
20182024
Schlegel Electronic Materials
ActiveSummary
Schlegel Electronic Materials has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.5m and a net result of €232,511. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 89% of 137 sector peers (NACE 27, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Manufacture of electrical equipment
NACE 27900Manufacture of textiles NACE 13960
10th largest company by equity in West Flanders, Electrical equipment sector1 site
Size
€1.8mtotal assets 2024
- Staff
- 4 FTE
- Equity
- €1.5m
- Profit
- €232,511
Turnover not published (abbreviated format)
Structure
- Parent
- Schlegel Electronic Materials Holding Limited
- LIU Kwok Yan KennethDirector
- LO Chi CheongDirector
- LO Tze LinDirector
2025 accounts not filed, 88 days past the deadline2 of 11 deeds summarised
Why 58raises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 382 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 20-08-2026)lowers riskLiquidity: current ratio 5.82, cash €1.2mFounded in 2005Show the evidence
Checked score
Score 2024
58
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 82% of its sector peers (NACE 27, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency
100+4
equity 80.7% of total assets
Liquidity
96-2
short-term debt 17.1% · cash 65.9%
Profitability
85-6
return on assets 12.6%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.8%▲ +0.5 percentage points vs 11-2024
01-2025: 3.5%▲ +1.7 percentage points vs 12-2024
02-2025: 0.4%▼ -3.1 percentage points vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.3%▼ -0.1 percentage points vs 04-2025lowest value
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.6%▲ +0.2 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.9%▲ +0.3 percentage points vs 09-2025
11-2025: 0.8%▼ -0.1 percentage points vs 10-2025
12-2025: 1.2%▲ +0.4 percentage points vs 11-2025
01-2026: 2.7%▲ +1.5 percentage points vs 12-2025
02-2026: 2.7%● unchanged vs 01-2026
03-2026: 2.7%● unchanged vs 02-2026
04-2026: 2.5%▼ -0.2 percentage points vs 03-2026
05-2026: 2.5%● unchanged vs 04-2026
06-2026: 2.5%● unchanged vs 05-2026
07-2026: 2.5%● unchanged vs 06-2026
08-2026: 3.8%▲ +1.3 percentage points vs 07-2026highest value
09-2026: 0.6%▼ -3.2 percentage points vs 08-2026
10-2026: 0.7%▲ +0.1 percentage points vs 09-2026
Credit of up to €85,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 5.82, compared with 7.94 in 2023, above the usual 1.5; short-term debt: 17.1% and cash: 65.9% of total assets), and 19.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 27, micro): better than 89% on solvency, 93% on liquidity, 73% on profitability and 72% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 382 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-08-2026, 382 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
382 days late
2023
178 days late
2022
57 days late
2021
45 days late
2020
44 days late
2019
42 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 125 days after the deadline; the sector median (NACE 27) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
- Resignations: LO Chi Cheong, LIU Kwok…Appointments: LO Chi Cheong, LIU…
Key points
- Caution: 2025 accounts not fileddeadline was 31-07-2026 88 days past the deadline View
- Positive: Among the best 11% on solvencysector median 41.0% · 137 companies 80.7% View
- Controlled by Schlegel Electronic Materials Holding… parent View
- Positive: 7 profitable years in a rowprofit 2024: €232,511 7 years View
- Caution: Result fell in 2024from €330,974 to €232,511 ▼ 29.7% View
By topic
Board & ownership
- Board
- 3 members
- Parent
- Schlegel Electronic Materials Holding…
- LIU Kwok Yan KennethDirector
- LO Chi CheongDirector
- LO Tze LinDirector
Timeline
- Events
- 25
- Since
- 2006
- 31-12-2023Highest result from 2018 to 2024
- 31-12-2023Equity above €1m
- 03-11-2023Appointment: RSM Interaudit BV (statutory auditor)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of electrical equipmentNACE 27900
- Founded
- 27-05-2005
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 25
- Annual meeting
- Last Friday of May at 14:00
- Purpose
- “Voor eigen rekening en/of voor rekening van derden,alle verrichtingen,die zowel…” (deed in Dutch)
Key facts about Schlegel Electronic Materials
- What is the company number of Schlegel Electronic Materials?
- 0874.084.915. In Belgium the VAT number is the company number with BE in front: BE 0874.084.915.
- Where is Schlegel Electronic Materials based?
- The registered office is at Schatting 73, 8210 Zedelgem.Company details
- What does Schlegel Electronic Materials do?
- According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27900).
- What is the legal form of Schlegel Electronic Materials?
- Private limited company (BV).
- When was Schlegel Electronic Materials founded?
- On 27-05-2005.
- Is Schlegel Electronic Materials still active?
- Yes, Schlegel Electronic Materials is an active enterprise in the KBO register.
- How many employees does Schlegel Electronic Materials have?
- On average 4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Schlegel Electronic Materials?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is Schlegel Electronic Materials profitable?
- In financial year 2024, Schlegel Electronic Materials made a profit of €232,511.
- Where can I find the annual accounts of Schlegel Electronic Materials?
- Schlegel Electronic Materials filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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