ELECTROBUILD
ActiveSummary
ELECTROBUILD has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.31M and a net result of €1.02M. Equity is growing by ~52.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 2045 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-19
Solvency100▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 5.34 against 2.81 in 2024; short-term debt: 17.6% and cash: 33.1% of total assets), and 17.7% 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
82.3%
Return on assets
13.3%
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 03-08-2026, 3 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 · 10 filingsDeviation from the deadline
2025
3 d late
2024
28 d late
2023
7 d late
2022
on the day
2021
11 d early
2020
26 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€10.29M
EBIT margin
11.9%
Net result
€1.02M▼ 55.3%
2024 · €2.29M
2018: €-8k
2020: €160k
2021: €532k
2022: €1.66M
2023: €2.32M
2024: €2.29M
2018 → 2025
Working capital
€5.85M▲ 4.8%
2024 · €5.58M
2018: €-109k
2020: €157k
2021: €603k
2022: €2.22M
2023: €3.81M
2024: €5.58M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€10.29M
Equity€687k-€2.35M▲ 242%€4.00M▲ 70.3%€5.79M▲ 44.7%€6.31M▲ 9.0%
Operating result€747k-€2.30M▲ 207%€3.08M▲ 34.3%€2.92M▼ 5.4%€1.22M▼ 58.0%
Net result€532k-€1.66M▲ 212%€2.32M▲ 39.7%€2.29M▼ 1.5%€1.02M▼ 55.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.67M
Fixed assets
€478k ▲ 109%
Current assets
€7.19M ▼ 16.9%
Equity and liabilities €7.67M
Equity
€6.31M ▲ 9.0%
Debt
€1.36M ▼ 56.1%
Debt's share of the balance-sheet total falls from 34.9% to 17.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.35M▼
2024 · €3.02M
Cash flow
€1.15M▼
2024 · €2.39M
Current ratio
5.34▲
2024 · 2.81
Debt to equity
0.22▼
2024 · 0.54
ROE
16.2%▼
2024 · 39.5%
ROA
13.3%▼
2024 · 25.7%
Interest coverage
250.87▼
2024 · 300.66
Debt ≤ 1 year
€1.35M▼
2024 · €3.08M
Debt > 1 year
€7k▼
2024 · €20k
Income taxes
€194k▼
2024 · €623k
Staff costs
€1.58M▲
2024 · €1.31M
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 · 78 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.89M€7.67M▼
Fixed assets21/28€229k€478k▲
Tangible fixed assets22/27€200k€250k▲
Plant, machinery and equipment23€71k€63k▼
Furniture and vehicles24€130k€186k▲
Financial fixed assets28€29k€229k▲
Other financial fixed assets284/8-€229k
Amounts receivable and cash guarantees285/8-€229k
Current assets29/58€8.66M€7.19M▼
Amounts receivable after more than one year29€1.05M€1.05M=
Other amounts receivable291€1.05M€1.05M=
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€4.75M€3.50M▼
Trade receivables40€4.42M€2.02M▼
Other amounts receivable41€324k€1.47M▲
Current investments50/53€19k€8k▼
Other investments51/53-€8k
Cash at bank and in hand54/58€2.77M€2.54M▼
Deferred charges and accrued income490/1€72k€96k▲
Equity and liabilities
Total equity and liabilities10/49€8.89M€7.67M▼
Equity10/15€5.79M€6.31M▲
Contributions10/11€19k€19k=
Reserves13€2.00M€2.00M=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€2.00M€2.00M=
Profit (loss) carried forward14€3.77M€4.29M▲
Amounts payable17/49€3.10M€1.36M▼
Amounts payable after more than one year17€20k€7k▼
Financial debts170/4€20k€7k▼
Credit institutions173-€7k
Amounts payable within one year42/48€3.08M€1.35M▼
Current portion of amounts payable after more than one year42€12k€12k▲
Financial debts43€0-
Other loans439€0-
Trade debts44€2.31M€507k▼
Suppliers440/4€2.31M€507k▼
Taxes, remuneration and social security45€265k€327k▲
Taxes450/3€22k€26k▲
Remuneration and social security454/9€244k€301k▲
Other amounts payable47/48€494k€500k▲
Accrued charges and deferred income492/3€361€7k▲
Income statement
Code20242025
Operating income70/76A-€10.39M
Turnover70-€10.29M
Other operating income74-€99k
Non-recurring operating income76A€500€2k▲
Operating charges60/66A-€9.17M
Goods for resale, raw materials and consumables60-€5.94M
Purchases600/8-€5.94M
Services and other goods61-€1.51M
Remuneration, social security and pensions62€1.31M€1.58M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€123k▲
Other operating charges640/8€25k€11k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€4.35M-
Operating profit (loss)9901€2.92M€1.22M▼
Financial income75/76B€664€124▼
Recurring financial income75€664€124▼
Income from current assets751-€0
Other financial income752/9-€124
Financial charges65/66B€10k€8k▼
Recurring financial charges65€10k€8k▼
Debt charges650-€5k
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€2k
Other financial charges652/9-€602
Profit (loss) for the period before taxes9903€2.91M€1.22M▼
Income taxes67/77€623k€194k▼
Taxes670/3-€500k
Tax adjustments and reversals of tax provisions77-€306k
Profit (loss) for the period9904€2.29M€1.02M▼
Profit (loss) for the period to be appropriated9905€2.29M€1.02M▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.27M€4.79M▲
Profit (loss) brought forward from the previous period14P€1.98M€3.77M▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€500k€500k=
Directors or managers695€500k€500k=
Social balance
Average headcount (FTE)908731.537.2▲
The notes to these accounts (48 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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 3 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Equity above €5MEq €5.79M ▲44.7%
5 profitable years in a row build equity to €5.79M.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
2023
31-12
Financial
Highest result since 2018net €2.32M ▲39.7%
Operating result €3.08M, net result €2.32M, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €2MEq €2.35M ▲242%
3 profitable years in a row build equity to €2.35M.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500kEq €687k ▲343%
2 profitable years in a row build equity to €687k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Back to profitnet €160k
Net result €160k after one loss-making year.
31-12
Financial
Liquidity times 30current ratio 1.39
Current ratio from 0.05 to 1.39.
Show earlier events
31-12
Financial
Equity above €150kEq €155k
Equity rises from €-124k to €155k.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Zaventem · 1 establishment unit since 1995
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.
Hermesstraat 41930 ZaventemGround area
3,951 m²
Parcel 23057C0007/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
A-NET Group
since 19952.073.956.208
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23057C0007/00P000 | Flanders | 3,951 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 509 EUR awarded · 509 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 77 EUR | 77 EUR |
| 2023 | 1 | 432 EUR | 432 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400INBKQCZJ1OV137
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THERSA
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B-NO ENGINEERING
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Electro Rouhard
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Verlaine · Eq €6,272,013
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 925 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
Founded05-10-1995
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
27120Manufacture of electrical equipment
33200Installation of industrial machinery and equipment
46643Wholesale of electrical equipment, including installation materials
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.