VERREET-ELEK
ActiveVERREET-ELEK has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €216k and a net result of €5k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
68
/ 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
Profitability59▼-1
Solvency89▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.03 against 2.48 in 2023; short-term debt: 28.7% and cash: 11.8% of total assets), and 36.5% 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 20-09-2025, 51 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
51 d late
2023
45 d late
2022
64 d late
2021
53 d late
2020
27 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€216k▲ 2.3%
2023 · €211k
2018: €146k
2019: €169k
2020: €190k
2021: €191k
2022: €211k
2023: €211k
2018 → 2024
Total assets
€340k▼ 2.7%
2023 · €350k
2018: €258k
2019: €362k
2020: €382k
2021: €324k
2022: €340k
2023: €350k
2018 → 2024
Net result
€5k▲ 708%
2023 · €594
2018: €31k
2019: €23k
2020: €23k
2021: €712
2022: €20k
2023: €594
2018 → 2024
Working capital
€198k▼ 2.7%
2023 · €204k
2018: €137k
2019: €157k
2020: €179k
2021: €183k
2022: €205k
2023: €204k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€190k-€191k▲ 0.4%€211k▲ 10.4%€211k▲ 0.3%€216k▲ 2.3%
Operating result€34k-€6k▼ 81.5%€30k▲ 376%€4k▼ 87.5%€8k▲ 125%
Net result€23k-€712▼ 96.9%€20k▲ 2,691%€594▼ 97.0%€5k▲ 708%
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 125% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €340k
Fixed assets
€45k▲ 436%
Current assets
€295k▼ 13.4%
Equity and liabilities €340k
Equity
€216k▲ 2.3%
Debt
€124k▼ 10.3%
The debt ratio falls from 39.6% to 36.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2023 · €6k
Cash flow
€10k▲
2023 · €3k
Solvency
63.5%▲
2023 · 60.4%
Current ratio
3.03▲
2023 · 2.48
Quick ratio
2.74▲
2023 · 2.28
Debt / equity
0.57▼
2023 · 0.65
ROE
2.2%▲
2023 · 0.3%
ROA
1.4%▲
2023 · 0.2%
Interest coverage
4.67▼
2023 · 4.93
Debt
€124k▼
2023 · €138k
Debt ≤ 1 year
€97k▼
2023 · €138k
Debt > 1 year
€27k
Income taxes
€1k▼
2023 · €2k
Staff costs
€89k▼
2023 · €117k
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€350k€340k▼
Fixed assets21/28€8k€45k▲
Tangible fixed assets22/27€8k€45k▲
Land and buildings22€3k€3k=
Furniture and vehicles24€6k€42k▲
Current assets29/58€341k€295k▼
Stocks and contracts in progress3€28k€28k▲
Stocks30/36€28k€28k▲
Amounts receivable within one year40/41€174k€156k▼
Trade receivables40€141k€108k▼
Other amounts receivable41€33k€49k▲
Current investments50/53€56k€67k▲
Cash at bank and in hand54/58€80k€40k▼
Deferred charges and accrued income490/1€3k€3k=
Equity and liabilities
Total equity and liabilities10/49€350k€340k▼
Equity10/15€211k€216k▲
Contributions10/11€6k€6k=
Reserves13€204k€209k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€202k€207k▲
Profit (loss) carried forward14€1k€1k=
Amounts payable17/49€138k€124k▼
Amounts payable after more than one year17-€27k
Financial debts170/4-€27k
Amounts payable within one year42/48€138k€97k▼
Current portion of amounts payable after more than one year42-€11k
Trade debts44€124k€74k▼
Suppliers440/4€124k€74k▼
Taxes, remuneration and social security45€13k€12k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€11k€9k▼
Other amounts payable47/48€555-
Accrued charges and deferred income492/3€536-
Income statement
Code20232024
Remuneration, social security and pensions62€117k€89k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€1k€895▼
Gross operating margin9900€124k€103k▼
Operating profit (loss)9901€4k€8k▲
Financial income75/76B€145€850▲
Recurring financial income75€145€850▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€3k€6k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€594€5k▲
Profit (loss) for the period to be appropriated9905€594€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€6k▲
Profit (loss) brought forward from the previous period14P€712€1k▲
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 51 days late
2024
14-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 45 days late
2023
31-12
Financial
Weakest financial yearnet €594 ▼97%
Net result drops to €594, the lowest in the series; recovery starts the following year.
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
31-12
Financial
Equity above €200kEq €211k ▲10.4%
5 profitable years in a row build equity to €211k.
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 53 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Equity above €150kEq €169k ▲16%
2 profitable years in a row build equity to €169k.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 42 days late
2017
16-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 47 days late
2016
07-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zandhoven · 1 establishment unit since 2011
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.
Osseweg 122240 ZandhovenGround area
1,588 m²
Building footprint
197 m²
Volume, LiDAR
982 m³
Parcel 11054B0457/00D000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Verreet-Elek
since 20112.196.836.303
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11054B0457/00D000 | Flanders | 1,588 m² | 1 · 197 m² | 8.3 m · 2 fl. |
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.
Similar companies · same sector, comparable size
Plan IV
BE 0876.688.671
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LE MAREMBAIS
BE 0472.094.644
Ham-sur-Heure-Nalinnes · Eq €216k
DMD Elektriciteit
BE 0636.769.861
Waregem · Eq €216k
VIOTECH
BE 0799.415.602
Zaventem · Eq €216k
Formula sat
BE 0837.520.170
Waterloo · Eq €217k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,151 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-02-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.