Govaerts elektro 2000
ActiveGovaerts elektro 2000 has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.08M and a net result of €77k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 30% of 7912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-13
Solvency42▲+7
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.13 in 2024), and 75.5% 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
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
24.5%
Return on assets
1.7%
Age of the figures
11 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
5 d early
2022
3 d early
2021
2 d early
2020
17 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.08M▲ 0.2%
2024 · €1.08M
2018: €603k
2019: €615k
2020: €629k
2021: €864k
2022: €977k
2023: €1.05M
2024: €1.08M
2018 → 2025
Total assets
€4.42M▼ 7.5%
2024 · €4.78M
2018: €2.63M
2019: €2.79M
2020: €4.01M
2021: €4.20M
2022: €4.11M
2023: €4.56M
2024: €4.78M
2018 → 2025
Net result
€77k▼ 26.5%
2024 · €105k
2018: €174k
2019: €132k
2020: €114k
2021: €385k
2022: €263k
2023: €225k
2024: €105k
2018 → 2025
Working capital
€592k▲ 72.3%
2024 · €344k
2018: €559k
2019: €516k
2020: €180k
2021: €328k
2022: €388k
2023: €514k
2024: €344k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€864k-€977k▲ 13.1%€1.05M▲ 7.6%€1.08M▲ 2.9%€1.08M▲ 0.2%
Operating result€411k-€324k▼ 21.1%€310k▼ 4.2%€189k▼ 39.2%€174k▼ 8.0%
Net result€385k-€263k▼ 31.7%€225k▼ 14.6%€105k▼ 53.2%€77k▼ 26.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 8% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.42M
Fixed assets
€1.62M▼ 8.6%
Current assets
€2.80M▼ 6.8%
Equity and liabilities €4.42M
Equity
€1.08M▲ 0.2%
Debt
€3.34M▼ 9.7%
The debt ratio falls from 77.4% to 75.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€407k▲
2024 · €402k
Cash flow
€311k▼
2024 · €318k
Solvency
24.5%▲
2024 · 22.6%
Current ratio
1.27▲
2024 · 1.13
Quick ratio
0.57▼
2024 · 0.57
Debt / equity
3.08▼
2024 · 3.42
ROE
7.1%▼
2024 · 9.7%
ROA
1.7%▼
2024 · 2.2%
Interest coverage
4.98▼
2024 · 5.40
Debt
€3.34M▼
2024 · €3.70M
Debt ≤ 1 year
€2.21M▼
2024 · €2.66M
Debt > 1 year
€1.10M▲
2024 · €1.00M
Income taxes
€15k▼
2024 · €21k
Staff costs
€979k▲
2024 · €936k
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€4.78M€4.42M▼
Fixed assets21/28€1.77M€1.62M▼
Intangible fixed assets21€19k€4k▼
Tangible fixed assets22/27€1.73M€1.60M▼
Land and buildings22€1.45M€1.33M▼
Plant, machinery and equipment23€38k€36k▼
Furniture and vehicles24€25k€15k▼
Other tangible fixed assets26€221k€217k▼
Financial fixed assets28€20k€20k=
Current assets29/58€3.00M€2.80M▼
Stocks and contracts in progress3€1.49M€1.54M▲
Stocks30/36€1.49M€1.54M▲
Amounts receivable within one year40/41€1.39M€1.01M▼
Trade receivables40€1.33M€965k▼
Other amounts receivable41€69k€49k▼
Cash at bank and in hand54/58€94k€210k▲
Deferred charges and accrued income490/1€27k€33k▲
Equity and liabilities
Total equity and liabilities10/49€4.78M€4.42M▼
Equity10/15€1.08M€1.08M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.02M€1.02M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.01M€1.02M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€3.70M€3.34M▼
Amounts payable after more than one year17€1.00M€1.10M▲
Financial debts170/4€1.00M€1.10M▲
Amounts payable within one year42/48€2.66M€2.21M▼
Current portion of amounts payable after more than one year42€207k€217k▲
Financial debts43€500k€500k=
Credit institutions430/8€500k€500k=
Trade debts44€1.21M€882k▼
Suppliers440/4€1.21M€882k▼
Taxes, remuneration and social security45€188k€176k▼
Taxes450/3€71k€46k▼
Remuneration and social security454/9€117k€130k▲
Other amounts payable47/48€554k€434k▼
Accrued charges and deferred income492/3€32k€25k▼
Income statement
Code20242025
Non-recurring operating income76A€12k€10k▼
Remuneration, social security and pensions62€936k€979k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€213k€233k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-9k€-619▲
Other operating charges640/8€18k€23k▲
Gross operating margin9900€1.35M€1.41M▲
Operating profit (loss)9901€189k€174k▼
Financial income75/76B€12k€57▼
Recurring financial income75€12k€57▼
Financial charges65/66B€74k€82k▲
Recurring financial charges65€74k€82k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€126k€92k▼
Income taxes67/77€21k€15k▼
Profit (loss) for the period9904€105k€77k▼
Profit (loss) for the period to be appropriated9905€105k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€105k€77k▼
Transfer to equity691/2€30k€2k▼
To other reserves6921€30k€2k▼
Profit to be distributed694/7€75k€75k=
Directors or managers695€75k€75k=
Social balance
Average headcount (FTE)908713.713.4▼
The notes to these accounts (27 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
20-08
State Gazette act
General meeting · Director reappointment
Director resignation
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €77k ▼26.5%
Net result drops to €77k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €1MEq €1.05M ▲7.6%
6 profitable years in a row build equity to €1.05M.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €385k ▲238%
Operating result €411k, net result €385k, both a record.
13-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Antwerpen · 3 establishment units since 1999
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.
Mexicostraat 92030 AntwerpenGround area
1.1 ha
Building footprint
3,663 m²
Volume, LiDAR
24,277 m³
3 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Mexicostraat 9, 2030 Antwerpen
since 19992.092.546.752
Govaerts elektro 2000
since 20172.271.345.862
Govaerts Elektro 2000
since 20242.356.477.913
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1457/05F000 | Flanders | 6,040 m² | 1 · 1,918 m² | 7.8 m · 2 fl. |
| 11023C0139/00X000 | Flanders | 2,725 m² | 1 · 1,192 m² | 7.2 m · 2 fl. |
| 11032A0651/02R000 | Flanders | 2,619 m² | 1 · 553 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 partyGovaerts elektro 2000BE 0466.982.645
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 970 companies in sector 46431 we hold annual accounts for 698. 466 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-10-1999
Fiscal year end30-09
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
46643Wholesale of electrical equipment, including installation materials
47552Retail sale of lighting equipment
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.