Switch elektriciteit

Active Risk: moderate

Limited partnershipfounded 20223 yrs activeSint-Jan-Berchmansstraat 59, 2800 Mechelen, BelgiumKBO/BCE: BE 0793.743.773

Summary

The computed 12-month bankruptcy probability of Switch elektriciteit is 2.2% (moderate). The 2023 annual accounts show equity of €5,147 and a net result of €5,147. Its solvency ranks better than 45% of 33658 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

Switch elektriciteitActive

Risk analysis Report Compare

Activity

General electrical installation work

NACE 43211

1 site

Size

€12,505total assets 2023

Equity: €5,147
Profit: €5,147

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 2.2%

2023 figures too old to score

Structure

Accounts 1 d early0 of 1 deed read

Signals- Figures for FY 2023 (filed 30-10-2023)- Size: total assets €12,505- Founded in 2022+ Legal form Limited partnershipLatest accounts filed on timeShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Financial strength, FY 2023

Strong

Solvency 66

equity 41.2% of total assets

Liquidity 58

short-term debt 58.8% · cash 30.5%

Profitability 100

return on assets 41.2%

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,004 companies)

Last 24 months 11-2024: 0.8%lowest value 12-2024: 1.0%▲ +23.6% vs 11-2024 01-2025: 1.6%▲ +71.8% vs 12-2024 02-2025: 1.7%▲ +3.0% vs 01-2025 03-2025: 2.1%▲ +21.6% vs 02-2025 04-2025: 2.7%▲ +30.6% vs 03-2025 05-2025: 2.7%● 0.0% vs 04-2025 06-2025: 2.8%▲ +4.1% vs 05-2025highest value 07-2025: 2.5%▼ -12.0% vs 06-2025 08-2025: 2.5%● 0.0% vs 07-2025 09-2025: 2.4%▼ -2.2% vs 08-2025 10-2025: 2.4%● 0.0% vs 09-2025 11-2025: 2.4%● 0.0% vs 10-2025 12-2025: 2.4%● 0.0% vs 11-2025 01-2026: 2.4%● 0.0% vs 12-2025 02-2026: 2.4%▲ +1.3% vs 01-2026 03-2026: 2.4%● 0.0% vs 02-2026 04-2026: 2.4%● 0.0% vs 03-2026 05-2026: 2.4%● 0.0% vs 04-2026 06-2026: 2.4%● 0.0% vs 05-2026 07-2026: 2.2%▼ -10.3% vs 06-2026 08-2026: 2.2%▼ -1.1% vs 07-2026 09-2026: 2.2%● 0.0% vs 08-2026 10-2026: 2.2%● 0.0% vs 09-2026

Figures for FY 2023 (filed 30-10-2023) raises the probability
Size: total assets €12,505 raises the probability for this profile
Legal form Limited partnership lowers the probability
Founded in 2022 raises the probability for this profile

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2023 (filed 30-10-2023)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €12,505

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Legal form Limited partnership

In the bankruptcy model this factor lowers the probability.

KBO

Founded in 2022

In the bankruptcy model this factor raises the probability for this profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 30-10-2023, 1 day ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2023

1 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 1 day before the deadline; the sector median for financial year 2023 is 1 day before the deadline, and 44% of the sector filed late.

Checked, nothing found (1)

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

30-10-23 Annual accounts filedfiscal year 2023 · micro…

Key points

Caution: Among the weakest 13% on equitysector median €56,495 · 33,677 companies €5,147 View
Active since 2022founded 18-11-2022 3 years View
Total assets 2023first fiscal year filed €12,505 View