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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 1.6% (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.

Overview

What they do
General electrical installation work
NACE 43211
1 site
How big
€12,505total assets 2023
Equity
€5,147
Profit
€5,147
Turnover not published (abridged schema)
Financially healthy?
Bankruptcy chance 12 m
1.6%
2023 figures too old to score
Who decides
Accounts 1 d early0 of 1 deed read
Signals- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate sector+ Lower-risk legal formLatest 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.
Axes, FY 2023
Profitability100
Solvency66
Growth-
Track record79
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2023
Solvency, return and age of the figures
Solvency
41.2%
Return on assets
41.2%
Age of the figures
42 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · 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)
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. 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

By topic

Financials

Fiscal year
2023
Total assets
€12,505
Profit
€5,147
Solvency
41.2%
Go to Financials

Company details

Sites
1
Legal form
Limited partnership
Activity
General electrical installation workNACE 43211
Founded
18-11-2022
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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