Theunis Electro
ActiveTheunis Electro has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €41k. Equity is growing by ~72% per year across the filed fiscal years. Its solvency ranks better than 58% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▲+9
Solvency79▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 1.9 in 2023; short-term debt: 45.6% and cash: 9.3% of total assets), and 46% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
57 d late
2022
172 d late
2021
261 d late
2020
439 d late
2019
580 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€106k▲ 62.3%
2023 · €65k
2018: €20k
2019: €6k
2020: €7k
2021: €21k
2022: €47k
2023: €65k
2018 → 2024
Total assets
€196k▲ 42.3%
2023 · €137k
2018: €145k
2019: €67k
2020: €77k
2021: €83k
2022: €116k
2023: €137k
2018 → 2024
Net result
€41k▲ 118%
2023 · €19k
2018: €160
2019: €-14k
2020: €1k
2021: €14k
2022: €26k
2023: €19k
2018 → 2024
Working capital
€106k▲ 63.9%
2023 · €65k
2018: €10k
2019: €-3k
2020: €145
2021: €15k
2022: €46k
2023: €65k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€21k▲ 194%€47k▲ 124%€65k▲ 39.9%€106k▲ 62.3%
Operating result€2k-€38k▲ 2,329%€40k▲ 5.4%€34k▼ 13.9%€75k▲ 118%
Net result€1k-€14k▲ 825%€26k▲ 88.4%€19k▼ 28.0%€41k▲ 118%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 118% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €196k
Fixed assets
€300▼ 25.0%
Current assets
€195k▲ 42.5%
Equity and liabilities €196k
Equity
€106k▲ 62.3%
Debt
€90k▲ 24.4%
The debt ratio falls from 52.6% to 46.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▲
2023 · €34k
Cash flow
€41k▲
2023 · €19k
Solvency
54.0%▲
2023 · 47.4%
Current ratio
2.19▲
2023 · 1.90
Quick ratio
2.14▲
2023 · 1.85
Debt / equity
0.85▼
2023 · 1.11
ROE
38.4%▲
2023 · 28.5%
ROA
20.7%▲
2023 · 13.5%
Interest coverage
27.09▲
2023 · 18.11
Debt
€90k▲
2023 · €72k
Debt ≤ 1 year
€89k▲
2023 · €72k
Income taxes
€38k▲
2023 · €18k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€137k€196k▲
Fixed assets21/28€400€300▼
Tangible fixed assets22/27€400€300▼
Furniture and vehicles24€400€300▼
Current assets29/58€137k€195k▲
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€127k€173k▲
Trade receivables40€35k€38k▲
Other amounts receivable41€92k€135k▲
Cash at bank and in hand54/58€2k€18k▲
Deferred charges and accrued income490/1€5k€0▼
Equity and liabilities
Total equity and liabilities10/49€137k€196k▲
Equity10/15€65k€106k▲
Contributions10/11€7k€7k=
Reserves13€58k€99k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€58k€99k▲
Amounts payable17/49€72k€90k▲
Amounts payable within one year42/48€72k€89k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€38k€25k▼
Suppliers440/4€38k€25k▼
Taxes, remuneration and social security45€34k€47k▲
Taxes450/3€34k€47k▲
Other amounts payable47/48-€18k
Accrued charges and deferred income492/3-€698
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100€100=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€37k€80k▲
Operating profit (loss)9901€34k€75k▲
Financial income75/76B€4k€7k▲
Recurring financial income75€4k€7k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€37k€79k▲
Income taxes67/77€18k€38k▲
Profit (loss) for the period9904€19k€41k▲
Profit (loss) for the period to be appropriated9905€19k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€41k▲
Transfer to equity691/2€19k€41k▲
To other reserves6921€19k€41k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €41k ▲118%
Operating result €75k, net result €41k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲62.3%
5 profitable years in a row build equity to €106k.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
19-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 172 days late
2023
18-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 261 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 439 days late
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 580 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
2019
31-12
Financial
Weakest financial yearnet €-14k ▼9123%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
06-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 279 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
06-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 159 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oud-Turnhout · 1 establishment unit since 2000
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.
Bergstraat 12360 Oud-TurnhoutGround area
1,483 m²
Building footprint
181 m²
Parcel 13482F0869/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Theunis Electro
since 20002.103.209.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13482F0869/00B000 | Flanders | 1,483 m² | 1 · 181 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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M.E.P.I.
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Sombreffe · Eq €106k
GRAFFEO PROJET ET MAINTENANCE
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E&S SOLAR
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 8,789 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2000
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.