ELECTRO-INDUS
ActiveThe computed 12-month bankruptcy probability of ELECTRO-INDUS is 1.8% (moderate). The 2025 annual accounts show equity of €93k and a net result of €26k. Equity is growing by ~39.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 27446 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.94 against 2.24 in 2024), and 16.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
83.5%
Return on assets
23.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 6 filingsDeviation from the deadline
2025
25 d late
2024
15 d early
2023
13 d late
2022
29 d late
2021
22 d late
2020
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€93k▲ 39.6%
2024 · €66k
2020: €2k
2021: €40k
2022: €34k
2023: €47k
2024: €66k
2020 → 2025
Total assets
€111k▲ 0.9%
2024 · €110k
2020: €52k
2021: €85k
2022: €90k
2023: €92k
2024: €110k
2020 → 2025
Net result
€26k▼ 24.0%
2024 · €35k
2020: €30k
2021: €38k
2022: €24k
2023: €28k
2024: €35k
2020 → 2025
Working capital
€54k▼ 0.5%
2024 · €54k
2020: €-15k
2021: €17k
2022: €14k
2023: €33k
2024: €54k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€34k▼ 15.0%€47k▲ 37.5%€66k▲ 41.9%€93k▲ 39.6%
Operating result€52k-€31k▼ 39.6%€37k▲ 18.5%€46k▲ 25.4%€36k▼ 22.3%
Net result€38k-€24k▼ 37.3%€28k▲ 15.7%€35k▲ 24.7%€26k▼ 24.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €111k
Fixed assets
€39k▲ 214%
Current assets
€72k▼ 26.2%
Equity and liabilities €111k
Equity
€93k▲ 39.6%
Debt
€18k▼ 58.1%
The debt ratio falls from 39.6% to 16.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€48k▼
2024 · €50k
Cash flow
€39k▲
2024 · €38k
Solvency
83.5%▲
2024 · 60.4%
Current ratio
3.94▲
2024 · 2.24
Quick ratio
2.57▲
2024 · 1.80
Debt / equity
0.20▼
2024 · 0.66
ROE
28.4%▼
2024 · 52.1%
ROA
23.7%▼
2024 · 31.5%
Interest coverage
338.02▼
2024 · 426.53
Debt
€18k▼
2024 · €44k
Debt ≤ 1 year
€18k▼
2024 · €44k
Income taxes
€10k▼
2024 · €13k
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€110k€111k▲
Fixed assets21/28€12k€39k▲
Tangible fixed assets22/27€12k€39k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€1k€30k▲
Other tangible fixed assets26€9k€7k▼
Current assets29/58€98k€72k▼
Stocks and contracts in progress3€19k€25k▲
Stocks30/36€19k€25k▲
Amounts receivable within one year40/41€66k€34k▼
Trade receivables40€63k€29k▼
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€12k€12k▼
Deferred charges and accrued income490/1€494€862▲
Equity and liabilities
Total equity and liabilities10/49€110k€111k▲
Equity10/15€66k€93k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€65k€91k▲
Amounts payable17/49€44k€18k▼
Amounts payable within one year42/48€44k€18k▼
Trade debts44€11k€3k▼
Suppliers440/4€11k€3k▼
Taxes, remuneration and social security45€14k€14k▼
Taxes450/3€14k€14k▼
Other amounts payable47/48€18k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€579
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k▲
Other operating charges640/8€939€942▲
Gross operating margin9900€51k€49k▼
Operating profit (loss)9901€46k€36k▼
Financial income75/76B€1k€283▼
Recurring financial income75€265€283▲
Non-recurring financial income76B€739-
Financial charges65/66B€117€143▲
Recurring financial charges65€117€143▲
Profit (loss) for the period before taxes9903€47k€36k▼
Income taxes67/77€13k€10k▼
Profit (loss) for the period9904€35k€26k▼
Profit (loss) for the period to be appropriated9905€35k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€91k▲
Profit (loss) brought forward from the previous period14P€45k€65k▲
Profit to be distributed694/7€15k-
Return on contributions (dividend)694€15k-
The notes to these accounts (5 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €24k ▼37.3%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Highest result since 2020net €38k ▲26.3%
Operating result €52k, net result €38k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · 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
1 act for this company is 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, Menen · 1 establishment unit since 2019
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.
Vagevuurstraat 18930 MenenGround area
780 m²
Building footprint
227 m²
Volume, LiDAR
1,786 m³
Parcel 34032B0330/00X000, Flanders · tallest building 13.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELECTRO-INDUS
since 20192.293.218.372
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34032B0330/00X000 | Flanders | 780 m² | 1 · 227 m² | 13.9 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
SoluD
BE 0507.814.103
Herent · Eq €93k
ARDE SOLUTIONS
BE 1007.264.034
Sint-Jans-Molenbeek · Eq €93k
Evolutie en Technieken Kurt
BE 0771.805.442
Genk · Eq €93k
Lander
BE 0535.864.523
Waregem · Eq €93k
NEF Infra Technics
BE 0742.934.381
Beringen · Eq €93k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 8,825 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.