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ELECTRO - TEST

Active
Non-profit associationfounded 198738 yrs activeStationslaan 19, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0434.433.603
Summary

The annual accounts of ELECTRO - TEST for fiscal year 2024 show a net loss of 78% of the equity at the start of that year. The 2024 annual accounts show equity of €727,838 and a net result of -€2.5m. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 22% of 2293 sector peers (fiscal year 2024). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
ELECTRO - TESTActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Other business support services
NACE 82990NACE 74879
#1 oldest company in Steenokkerzeel, Administrative and support services sector
Size
€17.0mturnover 2024
Staff
153.1 FTE
Equity
€727,838
Loss
-€2.5m
Financial health
53 Fair Checked score 2024
Bankruptcy chance 12 m
0.3%
Structure
Board
3 members
Accounts 64 d overdue3 of 12 deeds read
Why 53Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €2.5m (FY 2024)- 1 change of registered office in 24 months+ Legal form Non-profit association+ Sector Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 11% of its sector peers (NACE 82, medium-sized)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 39-25
equity 14.0% of total assets
Liquidity 15-15
short-term debt 84.4% · cash 9.1%
Profitability 3-59
return on assets -48.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (220 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%▲ +6.5% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%▼ -2.0% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%● 0.0% vs 05-2025 07-2025: 0.2%▲ +304% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%● 0.0% vs 12-2025 02-2026: 0.2%▼ -4.1% vs 01-2026 03-2026: 0.2%▼ -2.7% vs 02-2026 04-2026: 0.2%● 0.0% vs 03-2026 05-2026: 0.2%▼ -6.6% vs 04-2026 06-2026: 0.3%▲ +60.4% vs 05-2026 07-2026: 0.3%▲ +1.1% vs 06-2026 08-2026: 0.2%▼ -10.2% vs 07-2026 09-2026: 0.3%▲ +10.2% vs 08-2026 10-2026: 0.3%▲ +26.9% vs 09-2026highest value
  • Legal form Non-profit association lowers the probability
  • Sector Office administrative, office support and other business support activities (NACE 82) lowers the probability
  • Loss of €2.5m (FY 2024) raises the probability
  • 1 change of registered office in 24 months raises the probability
Credit up to €35,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.94 against 1.39 in 2023; short-term debt: 84.4% and cash: 9.1% of total assets), and 86% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, medium-sized). Better than this share of them on solvency 20%, liquidity 8%, profitability 3%, growth against the median 14%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Sector Office administrative, office support and other business support activities (NACE 82)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Loss of €2.5m (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2293 sector peers (2024).
NBB · sector comparison
Position among 2293 sector peers
Solvency
better than 22%
← weakest strongest →
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 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
293 d late
2022
70 d late
2021
116 d late
2020
1 d early
2019
14 d 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 76 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignation: Eric Goossens (director)Appointments: Elly Vandervorst (director) and…
  2. Registered office · Statutes amendmentRegistered-office move · Name change…
  3. Appointment: Eric Goossens (director)Resignation: Jan Van Hoof (director)

Key points

  • Caution: From profit to loss in 2024after €112,689 in 2023 -€2.5m View
  • Caution: Among the weakest 5% on net resultsector median €33,951 · 2,287 companies -€2.5m View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Board changedlatest change 16-03-2026 · 3 in office 3 joined · 1 left View

By topic

Financials

Fiscal year
2024
Turnover
€17.0m
Loss
-€2.5m
Solvency
14.0%
Turnover▼ 4.4%
Net result
20212024
Go to Financials

Timeline

Events
16
Since
2016
  1. 11-08-2026Resignation: Eric Goossens (director)
  2. 12-05-2026Registered office · Statutes amendment
  3. 16-03-2026Appointment: Eric Goossens (director)
Go to Timeline

Company details

Legal form
Non-profit association
Activity
Other business support servicesNACE 82990
Founded
25-11-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
33
Purpose
Elektrische installaties; Brandveiligheidsinstallaties; Liften,hijs- en hefwerktuigen…
Go to Articles of association

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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