TEL - ELEC
ActiveTEL - ELEC has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €-15k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 74% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 2.7 in 2024), and 30.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
69.8%
Return on assets
-37.8%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€15k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
45 d early
2023
43 d early
2022
47 d early
2021
42 d early
2020
44 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-15k▼ 201%
2024 · €-5k
2019: €-10k
2020: €21k
2021: €7k
2022: €4k
2023: €753
2024: €-5k
2019 → 2025
Working capital
€22k▼ 28.6%
2024 · €31k
2019: €16k
2020: €34k
2021: €42k
2022: €44k
2023: €42k
2024: €31k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€48k▲ 8.6%€49k▲ 1.6%€44k▼ 10.4%€28k▼ 35.1%
Operating result€10k-€6k▼ 35.2%€2k▼ 61.0%€-4k€-15k▼ 229%
Net result€7k-€4k▼ 42.2%€753▼ 80.2%€-5k€-15k▼ 201%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2025 against €4k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€6k▼ 50.6%
Current assets
€34k▼ 31.3%
Equity and liabilities €41k
Equity
€28k▼ 35.1%
Debt
€12k▼ 35.4%
The debt ratio falls from 30.3% to 30.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-10k▼
2024 · €-222
Cash flow
€-11k▼
2024 · €-848
Solvency
69.8%▲
2024 · 69.7%
Current ratio
2.88▲
2024 · 2.70
Quick ratio
2.35▼
2024 · 2.40
Debt / equity
0.43▼
2024 · 0.43
ROE
-54.1%▼
2024 · -11.7%
ROA
-37.8%▼
2024 · -8.1%
Interest coverage
-21.36▼
2024 · -0.45
Debt
€12k▼
2024 · €19k
Debt ≤ 1 year
€12k▼
2024 · €19k
Income taxes
€191▼
2024 · €193
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€63k€41k▼
Fixed assets21/28€13k€6k▼
Tangible fixed assets22/27€13k€6k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€11k€5k▼
Current assets29/58€50k€34k▼
Stocks and contracts in progress3€5k€6k▲
Stocks30/36€5k€6k▲
Amounts receivable within one year40/41€30k€11k▼
Trade receivables40€30k€7k▼
Other amounts receivable41€626€3k▲
Cash at bank and in hand54/58€13k€17k▲
Deferred charges and accrued income490/1€1k€671▼
Equity and liabilities
Total equity and liabilities10/49€63k€41k▼
Equity10/15€44k€28k▼
Contributions10/11€19k€19k=
Reserves13€24k€9k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€24k€9k▼
Profit (loss) carried forward14€1k€801▼
Amounts payable17/49€19k€12k▼
Amounts payable within one year42/48€19k€12k▼
Financial debts43-€17
Credit institutions430/8-€17
Trade debts44€17k€8k▼
Suppliers440/4€17k€8k▼
Taxes, remuneration and social security45€678€714▲
Taxes450/3€678€714▲
Other amounts payable47/48€1k€3k▲
Accrued charges and deferred income492/3€496€370▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€764€867▲
Non-recurring operating charges66A€678€0▼
Gross operating margin9900€1k€-9k▼
Operating profit (loss)9901€-4k€-15k▼
Financial income75/76B€59€7▼
Recurring financial income75€59€7▼
Financial charges65/66B€493€470▼
Recurring financial charges65€493€470▼
Profit (loss) for the period before taxes9903€-5k€-15k▼
Income taxes67/77€193€191▼
Profit (loss) for the period9904€-5k€-15k▼
Profit (loss) for the period to be appropriated9905€-5k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-14k▼
Profit (loss) brought forward from the previous period14P€1k€1k▼
Transfer from equity791/2€5k€15k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
18-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Nassogne · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Centre,Grune 206952 NassogneGround area
657 m²
Building footprint
152 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Simon 69, 6990 Hotton
since 19932.063.210.883
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83018A0167/00E000 | Wallonia | 569 m² | 1 · 92 m² | - |
| 83028D0846/00W002 | Wallonia | 88 m² | 1 · 61 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Venneman
BE 0654.930.340
Kortenberg · Eq €28k
Elektro Derouck
BE 0895.382.848
Lint · Eq €28k
Move Electro
BE 0741.801.065
Vorselaar · Eq €28k
ELEKTRO LINO
BE 0454.464.596
Oudsbergen · Eq €28k
CARDO REI
BE 0458.295.997
Heers · Eq €28k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 7,892 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-08-1993
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.