ELEKTRO VAN DE VELDE DAVID
ActiveELEKTRO VAN DE VELDE DAVID has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €496k and a net result of €93k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 54% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-1
Solvency76▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.76 against 2.71 in 2024; short-term debt: 11.5% and cash: 31.3% of total assets), and 48.9% 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 · 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
51.1%
Return on assets
9.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
4 d early
2022
17 d late
2021
6 d early
2020
1 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€496k▲ 23.2%
2024 · €402k
2019: €228k
2020: €273k
2021: €325k
2022: €347k
2023: €413k
2024: €402k
2019 → 2025
Total assets
€969k▲ 2.6%
2024 · €944k
2019: €638k
2020: €810k
2021: €830k
2022: €766k
2023: €782k
2024: €944k
2019 → 2025
Net result
€93k▼ 5.6%
2024 · €99k
2019: €49k
2020: €45k
2021: €52k
2022: €77k
2023: €66k
2024: €99k
2019 → 2025
Working capital
€307k▲ 53.0%
2024 · €201k
2019: €188k
2020: €223k
2021: €269k
2022: €292k
2023: €288k
2024: €201k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€325k-€347k▲ 7.0%€413k▲ 19.0%€402k▼ 2.6%€496k▲ 23.2%
Operating result€88k-€121k▲ 37.1%€105k▼ 13.7%€151k▲ 44.5%€156k▲ 3.4%
Net result€52k-€77k▲ 47.7%€66k▼ 14.1%€99k▲ 50.1%€93k▼ 5.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €969k
Fixed assets
€551k▼ 12.0%
Current assets
€418k▲ 31.5%
Equity and liabilities €969k
Equity
€496k▲ 23.2%
Debt
€474k▼ 12.6%
The debt ratio falls from 57.4% to 48.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€233k▲
2024 · €219k
Cash flow
€170k▲
2024 · €167k
Solvency
51.1%▲
2024 · 42.6%
Current ratio
3.76▲
2024 · 2.71
Quick ratio
3.36▲
2024 · 2.29
Debt / equity
0.96▼
2024 · 1.35
ROE
18.8%▼
2024 · 24.6%
ROA
9.6%▼
2024 · 10.5%
Interest coverage
10.34▼
2024 · 11.90
Debt
€474k▼
2024 · €542k
Debt ≤ 1 year
€111k▼
2024 · €117k
Debt > 1 year
€362k▼
2024 · €425k
Income taxes
€48k▲
2024 · €39k
Staff costs
€246k▲
2024 · €199k
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€944k€969k▲
Fixed assets21/28€626k€551k▼
Tangible fixed assets22/27€626k€551k▼
Land and buildings22€522k€479k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€101k€70k▼
Financial fixed assets28€87€87=
Current assets29/58€318k€418k▲
Stocks and contracts in progress3€49k€44k▼
Stocks30/36€22k€22k▲
Contracts in progress37€28k€22k▼
Amounts receivable within one year40/41€79k€59k▼
Trade receivables40€49k€44k▼
Other amounts receivable41€30k€15k▼
Cash at bank and in hand54/58€180k€304k▲
Deferred charges and accrued income490/1€10k€11k▲
Equity and liabilities
Total equity and liabilities10/49€944k€969k▲
Equity10/15€402k€496k▲
Contributions10/11€12k€12k=
Reserves13€389k€482k▲
Distributable reserves133€389k€482k▲
Profit (loss) carried forward14€1k€1k=
Amounts payable17/49€542k€474k▼
Amounts payable after more than one year17€425k€362k▼
Financial debts170/4€425k€362k▼
Amounts payable within one year42/48€117k€111k▼
Current portion of amounts payable after more than one year42€60k€62k▲
Trade debts44€45k€38k▼
Suppliers440/4€45k€38k▼
Taxes, remuneration and social security45€13k€11k▼
Taxes450/3€9k€516▼
Remuneration and social security454/9€5k€11k▲
Income statement
Code20242025
Remuneration, social security and pensions62€199k€246k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€77k▲
Other operating charges640/8€8k€7k▼
Non-recurring operating charges66A€7k-
Gross operating margin9900€434k€486k▲
Operating profit (loss)9901€151k€156k▲
Financial income75/76B€5k€7k▲
Recurring financial income75€5k€7k▲
Financial charges65/66B€18k€23k▲
Recurring financial charges65€18k€23k▲
Profit (loss) for the period before taxes9903€137k€141k▲
Income taxes67/77€39k€48k▲
Profit (loss) for the period9904€99k€93k▼
Profit (loss) for the period to be appropriated9905€99k€93k▼
Appropriation of the result
Profit (loss) to be appropriated9906€100k€95k▼
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer from equity791/2€109k-
Transfer to equity691/2€99k€93k▼
To other reserves6921€99k€93k▼
Profit to be distributed694/7€109k-
Return on contributions (dividend)694€109k-
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €99k ▲50.1%
Net result €99k, the highest in the series.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €45k ▼9.1%
Net result drops to €45k, the lowest in the series; recovery starts the following year.
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2016
28-10
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, Deinze · 1 establishment unit since 2006
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.
Ter Varent 329850 DeinzeGround area
832 m²
Building footprint
151 m²
Volume, LiDAR
859 m³
Parcel 44030B0587/00W000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ter Varent 32, 9850 Deinze
since 20062.153.423.952
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44030B0587/00W000 | Flanders | 832 m² | 1 · 151 m² | 9.1 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
Beekay Consult
BE 0683.640.063
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Vestel Electrics
BE 0707.803.753
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ZINCQ
BE 0437.910.062
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JVO-Projects
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Deinze · Eq €495k
ENVICE
BE 0841.221.315
Beernem · Eq €497k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 6,506 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2006
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
45310
43350Other building finishing work
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.