Equity
€91,062 ▼ 43.7%
W.E. ELECTRICK paid out €46,000 in dividends in a year with a loss of €24,573.
W.E. ELECTRICK
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €134,455 (2024)
€14,668▼ 89.1%
lowest -€58,656 (2008)
-€24,573▼ €103,960
peak €161,635 (2024)
€91,062▼ 43.7%
€148,038▲ 250%
Board2 names since 2021
1 director
Documentsfilings and deeds
09-03-2026144 days before the deadline
2025micro format
Gross margin from €134,455 to €14,668Loss of €24,573Dividend €46,000Equity from €161,635 to €91,062Debts from €42,258 to €148,038Investments €80,718
Key points
from the 2025 annual accountsResult
-€24,573 -€24,573
From profit to loss in 2025, after a profit of €79,387 in 2024.
Debts
€148,038 ▲ 250%
Debts rose by €105,780 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€99,830 3.5 × depreciation
Green is investment, beige is depreciation.
Filings
24 annual accounts since 2002
The last five annual accounts were filed 32 to 144 days before the end of the period.
Position in the sector
-€24,573
Lower net result than 94% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,828 companies had the same profile as W.E. ELECTRICK has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,828 companies, not a prediction for W.E. ELECTRICK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474097002
Change of role: , from manager to statutory director
Appointment: (successor statutory director) · holds all the shares · General meeting of 07-10-2022 · Gazette deed
First establishment
Beverensestraat 78, Ardooie
Incorporation
published on 07-03-2001 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| W.E. ELECTRICK Ardooie | €239,197 | €14,668 | 38.1% | - |
| CLIMATEC D L M Fontaine-l'Evêque | €221,479 | €13,434 | 98.8% | - |
| CAUWELS Maldegem | €262,150 | €16,541 | 67.6% | - |
| FAVRAY JEAN-LUC Blegny | €280,777 | €14,204 | 97.9% | - |
| Van Breedam Lier | €221,746 | €13,272 | 36.6% | - |
| ELBO Asse | €238,382 | €11,352 | 13.4% | - |
| DESLOOVER - DUTRY Staden | €301,325 | €14,904 | 57.0% | - |
These companies have the same main activity as W.E. ELECTRICK: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €221,000 and €301,000, founded between 1997 and 2003.
Official details
Source: KBO- Status
- Active since 23-02-2001Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.101.335.6458850 Ardooie, since 02-07-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 17-02-2025
Annual accounts 2025
- ≈ €120,000estimated
- €239,197▲ 17.2%
- Filing
- Filed on 09-03-2026, 144 days before the end of the filing period
Insights on W.E. ELECTRICK
W.E. ELECTRICK files the micro format. That format states no turnover. The gross margin fell from €36,685 in 2006 to €14,668 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about W.E. ELECTRICK
- What is the company number of W.E. ELECTRICK?
- The company number of W.E. ELECTRICK is 0474.097.002. The VAT number is the same number with BE in front: BE 0474.097.002.
- Where is W.E. ELECTRICK based?
- The registered office is at Beverensestraat 78, 8850 Ardooie.Company details
- What does W.E. ELECTRICK do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of W.E. ELECTRICK?
- W.E. ELECTRICK is a private limited company (BV).
- When was W.E. ELECTRICK founded?
- W.E. ELECTRICK was founded on 23-02-2001.
- Is W.E. ELECTRICK still active?
- Yes, W.E. ELECTRICK is an active enterprise in the KBO register.
- What is the turnover of W.E. ELECTRICK?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €14,668 and 97 comparable companies (NACE 43211). It probably lies between €79,000 and €250,000. It is a rough estimate.Financials
- Is W.E. ELECTRICK profitable?
- In financial year 2025, W.E. ELECTRICK made a loss of €24,573.
- Where can I find the annual accounts of W.E. ELECTRICK?
- W.E. ELECTRICK filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of W.E. ELECTRICK due?
- W.E. ELECTRICK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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