ELECTRO VERHALLE
ActiveSummary
ELECTRO VERHALLE has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €951. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▲+32
Solvency79▲+5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.85 in 2024; short-term debt: 45.9% and cash: 0.9% of total assets), and 46.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
53.9%
Return on assets
0.5%
Age of the figures
12 mo
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 09-03-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
56 d early
2023
50 d early
2022
53 d early
2021
52 d early
2020
64 d early
2019
73 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€109k▲ 0.9%
2024 · €108k
2018: €304k
2019: €313k
2020: €327k
2021: €293k
2022: €260k
2023: €239k
2024: €108k
2018 → 2025
Total assets
€201k▼ 8.1%
2024 · €219k
2018: €566k
2019: €572k
2020: €575k
2021: €544k
2022: €446k
2023: €360k
2024: €219k
2018 → 2025
Net result
€951
2024 · €-131k
2018: €8k
2019: €13k
2020: €16k
2021: €-34k
2022: €-33k
2023: €-21k
2024: €-131k
2018 → 2025
Working capital
€103k▲ 9.6%
2024 · €94k
2018: €289k
2019: €294k
2020: €291k
2021: €259k
2022: €224k
2023: €215k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€293k-€260k▼ 11.4%€239k▼ 8.0%€108k▼ 55.0%€109k▲ 0.9%
Operating result€-22k-€-24k▼ 6.5%€-12k▲ 47.7%€-122k▼ 877%€8k
Net result€-34k-€-33k▲ 2.7%€-21k▲ 38.0%€-131k▼ 532%€951
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €8k after a loss of €122k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€6k ▼ 57.9%
Current assets
€195k ▼ 4.6%
Equity and liabilities €201k
Equity
€109k ▲ 0.9%
Debt
€93k ▼ 16.7%
Debt's share of the balance-sheet total falls from 50.9% to 46.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▲
2024 · €-111k
Cash flow
€3k▲
2024 · €-120k
Current ratio
2.11▲
2024 · 1.85
Quick ratio
1.84▲
2024 · 1.50
Debt to equity
0.86▼
2024 · 1.04
ROE
0.9%▲
2024 · -122.0%
ROA
0.5%▲
2024 · -59.9%
Interest coverage
1.48▲
2024 · -12.61
Debt ≤ 1 year
€93k▼
2024 · €111k
Income taxes
€397▲
2024 · €355
Staff costs
€932▲
2024 · €593
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€219k€201k▼
Fixed assets21/28€14k€6k▼
Tangible fixed assets22/27€8k€6k▼
Land and buildings22€5k€3k▼
Other tangible fixed assets26€3k€3k=
Financial fixed assets28€7k€100▼
Current assets29/58€205k€195k▼
Stocks and contracts in progress3€39k€25k▼
Stocks30/36€24k€17k▼
Contracts in progress37€15k€8k▼
Amounts receivable within one year40/41€161k€166k▲
Trade receivables40€4k€3k▼
Other amounts receivable41€157k€163k▲
Cash at bank and in hand54/58€2k€2k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€219k€201k▼
Equity10/15€108k€109k▲
Contributions10/11€229k€229k=
Reserves13€75k€75k=
Tax-exempt reserves132€744€744=
Distributable reserves133€74k€74k=
Profit (loss) carried forward14€-197k€-196k▲
Amounts payable17/49€112k€93k▼
Amounts payable within one year42/48€111k€93k▼
Financial debts43€75k€75k=
Credit institutions430/8€75k€75k=
Trade debts44€22k€16k▼
Suppliers440/4€22k€16k▼
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€1k€2k▲
Remuneration and social security454/9€4k-
Other amounts payable47/48€9k-
Accrued charges and deferred income492/3€555€427▼
Income statement
Code20242025
Remuneration, social security and pensions62€593€932▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€2k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€-108k€13k▲
Operating profit (loss)9901€-122k€8k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€-131k€1k▲
Income taxes67/77€355€397▲
Profit (loss) for the period9904€-131k€951▲
Profit (loss) for the period to be appropriated9905€-131k€951▲
Appropriation of the result
Profit (loss) to be appropriated9906€-197k€-196k▲
Profit (loss) brought forward from the previous period14P€-66k€-197k▼
The notes to these accounts (7 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
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €951
Net result €951 after 4 loss-making years.
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-131k
Net result drops to €-131k, the lowest in the series; recovery starts the following year.
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Highest result since 2018net €16k ▲21.5%
Net result €16k, the highest in the series.
17-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Tielt · 1 establishment unit since 1982
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.
Stationstraat 458700 TieltGround area
577 m²
Building footprint
216 m²
Volume, LiDAR
1,392 m³
Parcel 37303I0581/00S003, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELECTRO VERHALLE
since 19822.022.121.683
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37303I0581/00S003 | Flanders | 577 m² | 1 · 216 m² | 12.9 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.
Recognitions · licences · registrations
Dual-learning approval
2 endedElektrische installaties duaal (so)
Elektrotechnisch installateur (vwo)
Similar companies · same sector, comparable size
Electro Goethals
BE 0473.377.123
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SIMILIA ENERGY
BE 0795.538.174
Estinnes · Eq €108,482
ELECSAN
BE 0795.842.537
Dilbeek · Eq €108,542
ELEKTRO DIETER DESOMER
BE 1002.212.512
Zonnebeke · Eq €108,467
TAELS TECHNIEK
BE 0801.270.874
Geel · Eq €108,585
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,784 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
Founded30-12-1982
Fiscal year end30-09
Activities, NACEBEL 2025
43211General electrical installation work
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.