Age4 yrs
Real estate1 parcel · 336 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for ADVANCED ELECTRICAL SOLUTIONS according to publications in the Belgian State Gazette. The 2025 annual accounts show equity of €45k and a net result of €4k.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events08-07-2026
Bankruptcy
Opening
Trust signals
2 signalsKBO register: special legal situation
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Financials
Turnover€217k+23.8%
EBIT margin3.9%-5.3pp
Net result€4k-70.4%
Working capital€42k+12.5%
Directors1
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 08-10-2025 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 44.1% | 43.4% | |
| Net result | €4k | €13k | |
| Equity | €45k | €44k | |
| Gross operating margin | €38k | €39k | |
| Staff costs | €26k | €30k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P51
Weakening position over 2023-2025
· n=2873-11087
P28
Weakening position over 2023-2025
· n=2872-11069
P51
Stable position over 2023-2025
· n=2873-11090
P49
Stable position over 2023-2025
· n=2870-11060
Describes the position versus peers, not a forecast.
€217k
+23.8%
23-25
€11k
-37.5%
-64% vs sector
€4k
-70.4%
-65% vs sector
€6k
-56.9%
-74% vs sector
€101k
+72.5%
-20% vs sector
€45k
+9.3%
-28% vs sector
€42k
+12.5%
-8% vs sector
€26k
+3687.2%
-11% vs sector
€2k
-27.6%
-14% vs sector
€56k
+217.9%
≈ vs sector
€56k
+217.9%
+42% vs sector
1.75
-43.8%
-33% vs sector
1.75
-43.8%
-32% vs sector
44.1%
-36.7%
-21% vs sector
1.27
+190.9%
+56% vs sector
8.5%
-72.9%
-52% vs sector
3.7%
-82.8%
-7% vs sector
1.7%
-76.1%
23-25
4.9%
-49.5%
23-25
4.61
-99.1%
-82% vs sector
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Revenue | €217k |
| EBITDA | €11k |
| Net profit | €4k |
| Cash flow | €6k |
| Staff costs | €26k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €101k |
| Equity | €45k |
| Debt | €56k |
| of which ≤ 1y | €56k |
| of which > 1y | - |
| Working capital | €42k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.75 |
| Quick ratio | 1.75 |
| Working capital ratio | 41.6% |
| Solvency | 44.1% |
| Debt / equity | 1.27 |
| Long-term debt ratio | - |
| Interest coverage | 4.61 |
| Gross margin | 16.0% |
| Net margin | 1.7% |
| ROA | 3.7% |
| ROE | 8.5% |
| EBITDA margin | 4.9% |
| Days sales outstanding | 36d |
| Days payable outstanding | 65d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €101k |
| Fixed assets | 21/28 | €3k |
| Tangible fixed assets | 22/27 | €2k |
| Financial fixed assets | 28 | €225 |
| Current assets | 29/58 | €98k |
| Amounts receivable within one year | 40/41 | €98k |
| Cash & bank | 54/58 | €6 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €101k |
| Equity | 10/15 | €45k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €40k |
| Amounts payable | 17/49 | €56k |
| Amounts payable within one year | 42/48 | €56k |
| Trade debts payable within one year | 44 | €32k |
| Income statement | ||
| Turnover | 70 | €217k |
| Gross operating margin | 9900 | €38k |
| Operating result | 9901 | €9k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €6k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed21
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
No directors on record
No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CHARLES-HENRI SPRINGUEL AVENUE LOUISE 349,
1050 IXELLES |
02-07-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Algemene elektrotechnische installatiewerken(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 27-09-2021 |
| Status | Active |
| Postal code | 1000 |
| First BS signal | 08-07-2026 |
| Latest BS signal | 08-07-2026 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Establishment units
1 locationADVANCED ELECTRICAL SOLUTIONS
since 20212.321.982.040
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area336 m²
Buildings1
Building footprint340 m²
Volume (LiDAR)4,175 m³
Tallest building21.1 m · ±5 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0170/02B005 | Brussels | 336 m² | 1 · 340 m² | 21.1 m · 5 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette08-07-2026
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
3 acts Capital history · 1
17-08-2022
v3.2
Address history · 1
25-02-2026
Registered-office move
All acts · 3
updated 5 months ago
2026
25-02-2026 Registered office moved within Bruxelles
- Avenue Joseph Baeck 72 bte 16 - 1080 Bruxelles → Avenue Stalingrad 52
2022
17-08-2022 Transaction in capital or shares
Summary:
v3.2
2021
29-09-2021 Incorporation of a new SRL
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes36
/ 100
Fragile profile, watch stability in particular.
Health
21
Profitability
33
Solvency
83
Growth
43
Stability
0
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verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Elektrotechnische installatiewerken, uitgezonderd aan gebouwen43212Elektrotechnische installatiewerken van nijverheidsinrichtingen43212Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222
Primary activity highlighted.
Names & trade names
| Legal nameFR | ADVANCED ELECTRICAL SOLUTIONS |
| AbbreviationFR | AES |
Registered office
Stalingradlaan 52
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.