STR ELEC
ActiveSummary
The computed 12-month bankruptcy probability of STR ELEC is 3.0% (moderate). The 2025 annual accounts show negative equity (-€573) and a net result of €2,561. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 199 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+69
Solvency23▲+4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 0.81 in 2024; short-term debt: 101.6% and cash: 0.2% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
-1.6%
Return on assets
7.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 199 sector peers (2025).
NBB · sector comparisonPosition among 199 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
23 d late
2020
25 d late
2019
26 d late
← 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 28 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2,561
2024 · -€12,198
Working capital
-€3,928▲ 58.7%
2024 · -€9,507
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€14,413€21,154-€6,732-€6,881▼ 2.2%€3,833
Net result-€19,677below the sector's middle half€16,815within the sector's middle half-€8,596below the sector's middle half-€12,198below the sector's middle half▼ 41.9%€2,561within the sector's middle half
Equity€844below the sector's middle half▼ 95.9%€17,660within the sector's middle half▲ 1,991%€9,063below the sector's middle half▼ 48.7%-€3,135below the sector's middle half-€573below the sector's middle half▲ 81.7%
Total assets€93,575within the sector's middle half▼ 41.4%€84,628within the sector's middle half▼ 9.6%€91,551within the sector's middle half▲ 8.2%€50,852below the sector's middle half▼ 44.5%€34,965below the sector's middle half▼ 31.2%
Debt€92,731▼ 33.4%€66,969▼ 27.8%€82,488▲ 23.2%€53,987▼ 34.6%€35,538▼ 34.2%
Working capital-€11,345below the sector's middle half€7,569within the sector's middle half-€4,375below the sector's middle half-€9,507below the sector's middle half▼ 117%-€3,928below the sector's middle half▲ 58.7%
Solvency0.9%below the sector's middle half▼ 11.9pp20.9%within the sector's middle half▲ 20.0pp9.9%below the sector's middle half▼ 11.0pp-6.2%below the sector's middle half▼ 16.1pp-1.6%below the sector's middle half▲ 4.5pp
Current ratio0.80below the sector's middle half▼ 0.281.19within the sector's middle half▲ 0.390.93below the sector's middle half▼ 0.250.81below the sector's middle half▼ 0.130.89below the sector's middle half▲ 0.08
Return on assets (ROA)-21.0%below the sector's middle half▼ 29.9pp19.9%above the sector's middle half▲ 40.9pp-9.4%below the sector's middle half▼ 29.3pp-24.0%below the sector's middle half▼ 14.6pp7.3%within the sector's middle half▲ 31.3pp
above
within
below
the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3,833 after a loss of €6,881 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33,989
Fixed assets
€2,379 ▼ 76.8%
Current assets
€31,611 ▼ 19.5%
Key figures and ratios
EBITDA
€12,057▲
2024 · €1,680
Cash flow
€10,785▲
2024 · -€3,637
Interest coverage
7.48▲
2024 · 1.10
Debt ≤ 1 year
€35,538▼
2024 · €48,780
Staff costs
€254▼
2024 · €2,219
Equity ratios withheld: equity of -€573 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,178 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.3%
went bankrupt
5.6%
stopped otherwise
89%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,178 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €52,537 | €4,222 | €4,718 | €2,219 | €254 | ▼ 88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,879 | €12,885 | €13,504 | €8,562 | €8,224 | ▼ 3.9% |
| Other operating charges640/8 | €348 | - | €384 | €384 | - | - |
| Non-recurring operating charges66A | €30 | - | €298 | - | €129 | - |
| Gross operating margin9900 | €51,381 | €38,262 | €12,172 | €4,283 | €12,440 | ▲ 190% |
| Operating profit (loss)9901 | -€14,413 | €21,154 | -€6,732 | -€6,881 | €3,833 | ▲ 156% |
| Financial income75/76B | - | - | €115 | €260 | €340 | ▲ 30.8% |
| Recurring financial income75 | - | - | €115 | €260 | €340 | ▲ 30.8% |
| Financial charges65/66B | €5,264 | €2,945 | €1,979 | €6,783 | €1,611 | ▼ 76.2% |
| Recurring financial charges65 | €5,264 | €2,945 | €1,979 | €1,524 | €1,611 | ▲ 5.7% |
| Non-recurring financial charges66B | - | - | - | €5,259 | - | - |
| Profit (loss) for the period before taxes9903 | -€19,677 | €18,209 | -€8,596 | -€13,404 | €2,561 | ▲ 119% |
| Income taxes67/77 | - | €1,394 | - | -€1,206 | - | - |
| Profit (loss) for the period9904 | -€19,677 | €16,815 | -€8,596 | -€12,198 | €2,561 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | -€19,677 | €16,815 | -€8,596 | -€12,198 | €2,561 | ▲ 121% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €93,575 | €84,628 | €91,551 | €50,852 | €34,965 | ▼ 31.2% |
| Formation expenses20 | €738 | €630 | €1,655 | €1,315 | €976 | ▼ 25.8% |
| Fixed assets21/28 | €48,560 | €35,783 | €26,977 | €10,263 | €2,379 | ▼ 76.8% |
| Tangible fixed assets22/27 | €48,060 | €35,283 | €26,477 | €9,763 | €1,879 | ▼ 80.8% |
| Furniture and vehicles24 | €48,060 | €35,283 | €26,477 | €9,763 | €1,879 | ▼ 80.8% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €44,277 | €48,216 | €62,919 | €39,273 | €31,611 | ▼ 19.5% |
| Amounts receivable after more than one year29 | - | - | €11,500 | €14,500 | €19,500 | ▲ 34.5% |
| Trade receivables290 | - | - | €11,500 | - | - | - |
| Other amounts receivable291 | - | - | - | €14,500 | €19,500 | ▲ 34.5% |
| Amounts receivable within one year40/41 | €26,563 | €28,723 | €32,487 | €24,773 | €12,035 | ▼ 51.4% |
| Trade receivables40 | €20,446 | €23,055 | €25,815 | €22,295 | €9,636 | ▼ 56.8% |
| Other amounts receivable41 | €6,117 | €5,668 | €6,672 | €2,479 | €2,399 | ▼ 3.2% |
| Cash at bank and in hand54/58 | €17,715 | €19,493 | €18,932 | - | €75 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €93,575 | €84,628 | €91,551 | €50,852 | €34,965 | ▼ 31.2% |
| Equity10/15 | €844 | €17,660 | €9,063 | -€3,135 | -€573 | ▲ 81.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €14,200 | €14,200 | €14,200 | €14,200 | €14,200 | = |
| Distributable reserves133 | €14,200 | €14,200 | €14,200 | €14,200 | €14,200 | = |
| Profit (loss) carried forward14 | -€19,556 | -€2,740 | -€11,337 | -€23,535 | -€20,973 | ▲ 10.9% |
| Amounts payable17/49 | €92,731 | €66,969 | €82,488 | €53,987 | €35,538 | ▼ 34.2% |
| Amounts payable after more than one year17 | €36,608 | €26,021 | €14,894 | €5,207 | - | - |
| Financial debts170/4 | €36,608 | €26,021 | €14,894 | €5,207 | - | - |
| Amounts payable within one year42/48 | €55,623 | €40,647 | €67,294 | €48,780 | €35,538 | ▼ 27.1% |
| Current portion of amounts payable after more than one year42 | €10,073 | €10,587 | €10,221 | €6,454 | €5,207 | ▼ 19.3% |
| Financial debts43 | - | - | - | €5,124 | - | - |
| Credit institutions430/8 | - | - | - | €5,124 | - | - |
| Trade debts44 | €30,302 | €25,292 | €53,536 | €28,009 | €22,187 | ▼ 20.8% |
| Suppliers440/4 | €30,302 | €25,292 | €53,536 | €28,009 | €22,187 | ▼ 20.8% |
| Taxes, remuneration and social security45 | €11,182 | €3,000 | €3,451 | €9,000 | €8,137 | ▼ 9.6% |
| Taxes450/3 | €7,420 | €3,000 | €3,000 | €9,000 | €8,137 | ▼ 9.6% |
| Remuneration and social security454/9 | €3,762 | - | €451 | - | - | - |
| Other amounts payable47/48 | €4,066 | €1,769 | €86 | €193 | €9 | ▼ 95.5% |
| Accrued charges and deferred income492/3 | €500 | €300 | €300 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,677 | €16,815 | -€8,596 | -€12,198 | €2,561 | ▲ 121% |
| + Depreciation and write-downs630 | €12,879 | €12,885 | €13,504 | €8,562 | €8,224 | ▼ 3.9% |
| Operating cash flow (approximation) | -€6,798 | €29,701 | €4,907 | -€3,637 | €10,785 | ▲ 397% |
| Investment in fixed assets (approximation) | - | -€108 | -€4,698 | €8,152 | -€340 | ▼ 104% |
| Change in cash | - | €1,779 | -€561 | - | - | - |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €2,561
Net result €2,561 after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €16,815
Net result €16,815 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Weakest financial yearnet -€19,677
Net result drops to -€19,677, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Aywaille · 1 establishment unit since 2018
Ground area
1,361 m²
Building footprint
103 m²
Volume, LiDAR
827 m³
Parcel 61026B0386/00K000, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
STR ELEC SPRL
since 20182.281.845.519
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61026B0386/00K000 | Wallonia | 1,361 m² | 1 · 103 m² | 10.0 m · 3 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.
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Of 155 companies in sector 27120 we hold annual accounts for 113. 20 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
Founded31-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
27120Manufacture of electrical equipment
43211General electrical installation work
43212Electrical installation work in industrial facilities
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43990Other specialised construction activities
Contact
E-mail
info@strelec.be
Phone
+32472216948
E-invoicing
Reachable via Peppol
Peppol ID
0208:0712775893
Also
9925:BE0712775893
Registered
07-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.