TIK Elec
ActiveSummary
TIK Elec has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €3k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 52% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+28
Solvency74▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.3 in 2024; short-term debt: 45.5% and cash: 10.6% of total assets), and 51.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.7%
Return on assets
3.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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
39 d late
2024
28 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
90 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€299k
EBIT margin
-0.6%
Net result
€3k▲ 189%
2024 · €1k
2018: €-7k
2019: €4k
2020: €6k
2021: €2k
2022: €-3k
2023: €2k
2024: €1k
2018 → 2025
Working capital
€12k▼ 31.2%
2024 · €17k
2018: €11k
2019: €20k
2020: €18k
2021: €21k
2022: €21k
2023: €27k
2024: €17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€299k
Equity€44k-€41k▼ 7.7%€42k▲ 3.6%€42k▲ 0.7%€45k▲ 5.7%
Operating result€4k-€-2k€6k€3k▼ 44.7%€7k▲ 96.2%
Net result€2k-€-3k€2k€1k▼ 50.7%€3k▲ 189%
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 2025; 2025 is 96% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€38k ▲ 2.6%
Current assets
€54k ▼ 26.5%
Equity and liabilities €92k
Equity
€45k ▲ 5.7%
Debt
€47k ▼ 30.6%
Debt's share of the balance-sheet total falls from 61.6% to 51.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2024 · €9k
Cash flow
€16k▲
2024 · €6k
Current ratio
1.28▼
2024 · 1.30
Quick ratio
0.93▼
2024 · 0.95
Debt to equity
1.05▼
2024 · 1.60
ROE
7.3%▲
2024 · 2.7%
ROA
3.5%▲
2024 · 1.0%
Interest coverage
6.82▲
2024 · 3.02
Debt ≤ 1 year
€42k▼
2024 · €56k
Debt > 1 year
€5k▼
2024 · €12k
Income taxes
€581▲
2024 · €-614
Staff costs
€2k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€110k€92k▼
Fixed assets21/28€37k€38k▲
Tangible fixed assets22/27€37k€38k▲
Land and buildings22€0-
Plant, machinery and equipment23€12k€9k▼
Furniture and vehicles24€24k€28k▲
Other tangible fixed assets26€1k€671▼
Financial fixed assets28-€400
Current assets29/58€73k€54k▼
Stocks and contracts in progress3€20k€15k▼
Stocks30/36€20k€15k▼
Amounts receivable within one year40/41€42k€27k▼
Trade receivables40€26k€15k▼
Other amounts receivable41€16k€12k▼
Cash at bank and in hand54/58€5k€10k▲
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€110k€92k▼
Equity10/15€42k€45k▲
Contributions10/11€13k€13k=
Reserves13€29k€31k▲
Distributable reserves133€29k€31k▲
Profit (loss) carried forward14€693€911▲
Amounts payable17/49€68k€47k▼
Amounts payable after more than one year17€12k€5k▼
Financial debts170/4€12k€5k▼
Amounts payable within one year42/48€56k€42k▼
Current portion of amounts payable after more than one year42€6k€7k▲
Financial debts43€5k€0▼
Credit institutions430/8€5k€0▼
Trade debts44€21k€8k▼
Suppliers440/4€21k€8k▼
Advances received on contracts in progress46€6€0▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9-€658
Other amounts payable47/48€20k€24k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€13k▲
Other operating charges640/8€497€496▼
Non-recurring operating charges66A€1k€3k▲
Gross operating margin9900€11k€25k▲
Operating profit (loss)9901€3k€7k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€512€4k▲
Income taxes67/77€-614€581▲
Profit (loss) for the period9904€1k€3k▲
Profit (loss) for the period to be appropriated9905€1k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€4k▲
Profit (loss) brought forward from the previous period14P€400€693▲
Transfer from equity791/2-€1k
Transfer to equity691/2-€3k
To other reserves6921-€3k
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (12 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
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Highest result since 2018net €6k ▲44.4%
Operating result €9k, net result €6k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 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, Hannut · 1 establishment unit since 2006
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.
Route de Wavre (WA) 105A4280 HannutGround area
1,483 m²
Building footprint
267 m²
Volume, LiDAR
2,580 m³
2 parcels, Wallonia · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TIK Elec
since 20062.157.083.921
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64066C0001/00K003 | Wallonia | 743 m² | 1 · 100 m² | 7.5 m · 2 fl. |
| 64066C0001/00G003 | Wallonia | 740 m² | 1 · 167 m² | 13.7 m · 4 fl. |
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.
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MGS RENOVATION
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POOL PROJECTS BUILDERS
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ARDALI
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Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,323 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43240Other construction installation
80090Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@tikelec.be