ELECTHOR
ActiveSummary
The computed 12-month bankruptcy probability of ELECTHOR is 2.7% (moderate). The 2024 annual accounts show equity of €23k and a net result of €6k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
60
/ 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
Profitability71▲+13
Solvency75▲+7
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.75 in 2023; short-term debt: 48% and cash: 9.3% of total assets), and 49.9% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
50.1%
Return on assets
13.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
67 d late
2022
25 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€23k▲ 35.9%
2023 · €17k
2021: €23k
2022: €14k
2023: €17k
2021 → 2024
Total assets
€46k▲ 16.5%
2023 · €39k
2021: €57k
2022: €53k
2023: €39k
2021 → 2024
Net result
€6k▲ 88.4%
2023 · €3k
2021: €12k
2022: €-9k
2023: €3k
2021 → 2024
Working capital
€24k▲ 41.0%
2023 · €17k
2021: €23k
2022: €14k
2023: €17k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€23k-€14k▼ 39.4%€17k▲ 23.6%€23k▲ 35.9%
Operating result€15k-€-9k€3k€6k▲ 92.3%
Net result€12k-€-9k€3k€6k▲ 88.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 92% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €46k
Equity
€23k ▲ 35.9%
Debt
€23k ▲ 1.9%
Debt's share of the balance-sheet total falls from 57.1% to 49.9%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.08▲
2023 · 1.75
Debt to equity
1.00▼
2023 · 1.33
ROE
26.4%▲
2023 · 19.1%
ROA
13.2%▲
2023 · 8.2%
Debt ≤ 1 year
€22k▼
2023 · €22k
Income taxes
€204▲
2023 · €-4
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 · 2024 against 2023 · 33 lines
Balance sheet
Code20232024
Assets
Total assets20/58€39k€46k▲
Current assets29/58€39k€46k▲
Amounts receivable within one year40/41€34k€42k▲
Trade receivables40€34k€41k▲
Other amounts receivable41€17€260▲
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1€776-
Equity and liabilities
Total equity and liabilities10/49€39k€46k▲
Equity10/15€17k€23k▲
Contributions10/11€11k€11k=
Profit (loss) carried forward14€6k€12k▲
Amounts payable17/49€22k€23k▲
Amounts payable within one year42/48€22k€22k▼
Trade debts44€22k€21k▼
Suppliers440/4€22k€21k▼
Advances received on contracts in progress46€371€291▼
Taxes, remuneration and social security45-€204
Taxes450/3-€204
Other amounts payable47/48€73€345▲
Accrued charges and deferred income492/3-€863
Income statement
Code20232024
Other operating charges640/8€3k€387▼
Gross operating margin9900€6k€7k▲
Operating profit (loss)9901€3k€6k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€81€73▼
Recurring financial charges65€81€73▼
Profit (loss) for the period before taxes9903€3k€6k▲
Income taxes67/77€-4€204▲
Profit (loss) for the period9904€3k€6k▲
Profit (loss) for the period to be appropriated9905€3k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€12k▲
Profit (loss) brought forward from the previous period14P€3k€6k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-9k ▼177%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2020
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.
Rue de la Fontaine 191340 Ottignies-Louvain-la-NeuveGround area
2,157 m²
Building footprint
90 m²
Parcel 25083D0311/00M003, Wallonia. Linked by address, not a title deed.
1 establishment unit
ELECTHOR
since 20202.306.479.361
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25083D0311/00M003 | Wallonia | 2,157 m² | 1 · 90 m² | - |
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
QUINTEC
BE 0700.498.465
Brecht · Eq €22,946
AOG SOLUTIONS
BE 0788.660.280
Libin · Eq €22,942
STIJN DE SAEDELEER
BE 0794.391.002
Erpe-Mere · Eq €22,935
CT Energy
BE 0713.613.261
Antwerpen · Eq €22,931
PSF Group
BE 0568.750.788
Heusden-Zolder · Eq €22,919
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 7,484 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
Founded24-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.