GH - elek
ActiveGH - elek has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €15k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 82% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+36
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 4.36 against 5.21 in 2024; short-term debt: 23% of total assets), and 23% 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 · 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
77%
Return on assets
8.4%
Age of the figures
12 mo
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
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
35 d early
2023
63 d late
2022
39 d late
2021
on the day
2020
4 d early
2019
1 d early
← before the deadline
after the deadline →
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
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€137k▲ 12.2%
2024 · €122k
2018: €97k
2019: €114k
2020: €117k
2021: €125k
2022: €116k
2023: €132k
2024: €122k
2018 → 2025
Total assets
€178k▲ 17.7%
2024 · €151k
2018: €151k
2019: €145k
2020: €148k
2021: €161k
2022: €143k
2023: €160k
2024: €151k
2018 → 2025
Net result
€15k
2024 · €-10k
2018: €7k
2019: €17k
2020: €3k
2021: €8k
2022: €-9k
2023: €16k
2024: €-10k
2018 → 2025
Working capital
€137k▲ 12.2%
2024 · €122k
2018: €97k
2019: €114k
2020: €117k
2021: €125k
2022: €116k
2023: €132k
2024: €122k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€125k-€116k▼ 7.1%€132k▲ 13.5%€122k▼ 7.2%€137k▲ 12.2%
Operating result€12k-€-14k€25k€-4k€22k
Net result€8k-€-9k€16k€-10k€15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €22k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €178k
Equity
€137k▲ 12.2%
Debt
€41k▲ 40.7%
The debt ratio rises from 19.2% to 23.0%. Equity and debt are higher.
Key figures and ratios
Solvency
77.0%▼
2024 · 80.8%
Current ratio
4.36▼
2024 · 5.21
Quick ratio
4.33▼
2024 · 5.17
Debt / equity
0.30▲
2024 · 0.24
ROE
10.9%▲
2024 · -7.8%
ROA
8.4%▲
2024 · -6.3%
Debt
€41k▲
2024 · €29k
Debt ≤ 1 year
€41k▲
2024 · €29k
Income taxes
€6k▲
2024 · €3k
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€151k€178k▲
Current assets29/58€151k€178k▲
Stocks and contracts in progress3€1k€1k▲
Stocks30/36€1k€1k▲
Amounts receivable within one year40/41€149k€176k▲
Trade receivables40€30k€26k▼
Other amounts receivable41€119k€150k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€151k€178k▲
Equity10/15€122k€137k▲
Contributions10/11€6k€6k=
Reserves13€116k€131k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€114k€131k▲
Amounts payable17/49€29k€41k▲
Amounts payable within one year42/48€29k€41k▲
Current portion of amounts payable after more than one year42€8k€8k=
Financial debts43€11k€9k▼
Credit institutions430/8€11k€9k▼
Trade debts44-€12k
Suppliers440/4-€12k
Taxes, remuneration and social security45€10k€13k▲
Taxes450/3€8k€10k▲
Remuneration and social security454/9€2k€2k▲
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-3k€23k▲
Operating profit (loss)9901€-4k€22k▲
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€-7k€20k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€-10k€15k▲
Profit (loss) for the period to be appropriated9905€-10k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€15k▲
Transfer from equity791/2€10k-
Transfer to equity691/2-€15k
To other reserves6921-€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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-10k ▼161%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
30-09
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 39 days late
2022
30-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €17k ▲148%
Operating result €30k, net result €17k, both a record.
30-09
Financial
Equity above €100kEq €114k ▲17.5%
2 profitable years in a row build equity to €114k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 39 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, Anzegem · 1 establishment unit since 2012
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.
Grote Leiestraat 1108570 AnzegemGround area
415 m²
Building footprint
137 m²
Volume, LiDAR
731 m³
Parcel 34002B0064/00V002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GH - Elek
since 20122.206.417.428
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002B0064/00V002 | Flanders | 415 m² | 1 · 137 m² | 8.0 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
MY ELECTRICITE GENERALE
BE 0518.908.725
Charleroi · Eq €137k
Tibos-Services
BE 0727.530.880
Kruibeke · Eq €137k
ELEKTRO VAN CRAENENBROECK
BE 0811.810.519
Zaventem · Eq €137k
JK Group
BE 0760.508.308
Tienen · Eq €137k
EnERJI HVAC
BE 0702.987.308
Mons · Eq €138k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,673 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2012
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43230Insulation installation
43291Specialised construction activities
47400Retail sale of information and communication equipment
47410Retail trade
47552Retail sale of lighting equipment
47592Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.