Financials
- Fiscal year
- 2025
- Turnover
- €128.7m
- Loss
- -€5.8m
- Solvency
- 86.2%
Turnover▼ 13.4%
Net result
20182025
SIGNIFY BELGIUM
ActiveSummary
SIGNIFY BELGIUM has been active since 1919 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €422.1m and a net result of -€5.8m. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 90% of 6,055 sector peers (NACE 46, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Wholesale of electrical equipment, including installation materials
NACE 46643Manufacture of electrical equipment NACE 27401
#1 oldest company in Flemish Brabant, Wholesale trade sector3 sites
Size
€128.7mturnover 2025
- Staff
- 448.1 FTE
- Equity
- €422.1m
- Loss
- -€5.8m
Structure
- Parent
- SIGNIFY HOLDING B.V.
- Holdings
- 5
- Roeckx GertDaily manager
- Guido BrantsDirector
- Kristof VermeerschDirector
Auditor: BV PwC BedrijfsrevisorenAccounts 36 days early
Why 90- Liquidity: current ratio 17.37, cash €10,111+ Activity since 2011 (contributed into the company of 1919)+ Size: turnover €128.7m, 448.1 FTE, total assets €489.7m+ Equity €422.1m (86.2% of total assets)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 46, large)
Financial strength · tick = 2024
Average
Solvency
100=
equity 86.2% of total assets
Liquidity
50=
short-term debt 3.6% · cash 0.0%
Profitability
12-6
return on assets -1.2%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%▼ -0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.2%▼ -0.2 percentage points vs 09-2026
Credit up to €12,850,000 at 30 days acceptable
Liquidity ample (current ratio 17.37 against 17.75 in 2024; short-term debt: 3.6% and cash: 0% of total assets), and 13.8% of the assets are financed with debt.
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 46, large): better than 95% on solvency, 80% on liquidity, 7% on profitability and 19% on growth.
The bankruptcy probability was computed on 07-10-2026 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
Five signals.
−lowers risk+raises risk○neutral
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 25-06-2026, 36 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
36 days early
2024
34 days early
2023
14 days late
2022
17 days early
2021
37 days early
2020
26 days early
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 27 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignation: EY (statutory auditor)Appointment: PwC Bedrijfsrevisoren BV (statutory…
- Annual accounts filedfiscal year 2025 · full…
- Resignation: Ronald Reunis (day-to-day manager)Appointment: Alain De Waele (day-to-day…
Key points
- Risk: 4 loss-making years in a rowloss fiscal year 2025 -€5.8m View
- Caution: Result fell in 2025from -€2.9m to -€5.8m ▼ 104% View
- Caution: Among the weakest 5% on net resultsector median €113,523 · 5,996 companies -€5.8m View
- Controlled by SIGNIFY HOLDING B.V.ultimately: SIGNIFY N.V. parent View
- Active since 1919founded 19-01-1919 107 years View
- Board changedlatest change 01-01-2026 · 3 in office 1 joined · 1 left View
By topic
Board & ownership
- Board
- 3 members
- Parent
- SIGNIFY HOLDING B.V.
- Auditor
- BV PwC Bedrijfsrevisoren
- Roeckx GertDaily manager
- Guido BrantsDirector
- Kristof VermeerschDirector
Network & group
- Group
- SIGNIFY N.V.
- Subsidiaries
- 4
- Holdings
- 5
- Connected companies
- 15
5 holdings
Timeline
- Events
- 78
- Since
- 2004
- Next accounts
- by 31-07-2027
- 10-09-2025Reappointment: Ernst & Young Bedrijfsrevisoren bovba (statutory…
- 27-06-2025Annual accounts filed
- 14-08-2024Annual accounts filed
Company details
- Sites
- 3
- Legal form
- Public limited company
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643
- Founded
- 19-01-1919
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- De vennootschap heeft tot doel het deelnemen in, het voorzitterschap, het beheer, het…
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