NG-ELEC
ActiveNG-ELEC has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €40k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency96▼-4
Growth78=
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 3.02 against 17.51 in 2024; short-term debt: 28.5% and cash: 3.2% of total assets), and 28.5% 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 · 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
71.5%
Return on assets
21.8%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
10 d late
2023
on the day
2022
6 d early
2021
4 d early
2020
25 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€130k▲ 8.0%
2024 · €120k
2018: €66k
2019: €72k
2020: €80k
2021: €90k
2022: €74k
2023: €81k
2024: €120k
2018 → 2025
Total assets
€182k▲ 42.9%
2024 · €127k
2018: €77k
2019: €89k
2020: €100k
2021: €132k
2022: €130k
2023: €121k
2024: €127k
2018 → 2025
Net result
€40k▲ 0.5%
2024 · €39k
2018: €-661
2019: €6k
2020: €20k
2021: €35k
2022: €29k
2023: €37k
2024: €39k
2018 → 2025
Working capital
€105k▼ 7.8%
2024 · €113k
2018: €59k
2019: €67k
2020: €72k
2021: €80k
2022: €65k
2023: €73k
2024: €113k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€90k-€74k▼ 17.8%€81k▲ 9.2%€120k▲ 48.6%€130k▲ 8.0%
Operating result€45k-€37k▼ 18.3%€53k▲ 45.7%€54k▲ 1.1%€53k▼ 2.3%
Net result€35k-€29k▼ 17.4%€37k▲ 27.2%€39k▲ 7.0%€40k▲ 0.5%
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 falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182k
Fixed assets
€25k▲ 268%
Current assets
€157k▲ 30.0%
Equity and liabilities €182k
Equity
€130k▲ 8.0%
Debt
€52k▲ 654%
The debt ratio rises from 5.4% to 28.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58k▲
2024 · €56k
Cash flow
€45k▲
2024 · €42k
Solvency
71.5%▼
2024 · 94.6%
Current ratio
3.02▼
2024 · 17.51
Quick ratio
3.02▼
2024 · 17.48
Debt / equity
0.40▲
2024 · 0.06
ROE
30.5%▼
2024 · 32.7%
ROA
21.8%▼
2024 · 31.0%
Interest coverage
167.72▲
2024 · 35.21
Debt
€52k▲
2024 · €7k
Debt ≤ 1 year
€52k▲
2024 · €7k
Income taxes
€14k▲
2024 · €14k
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€127k€182k▲
Fixed assets21/28€7k€25k▲
Tangible fixed assets22/27€7k€25k▲
Plant, machinery and equipment23€425€867▲
Furniture and vehicles24€6k€24k▲
Current assets29/58€120k€157k▲
Stocks and contracts in progress3€200-
Stocks30/36€200-
Amounts receivable within one year40/41€11k€111k▲
Trade receivables40€10k€110k▲
Other amounts receivable41€581€1k▲
Current investments50/53€103k€38k▼
Cash at bank and in hand54/58€4k€6k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€127k€182k▲
Equity10/15€120k€130k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€100k€110k▲
Amounts payable17/49€7k€52k▲
Amounts payable within one year42/48€7k€52k▲
Trade debts44€2k€901▼
Suppliers440/4€2k€901▼
Taxes, remuneration and social security45€3k€24k▲
Taxes450/3€3k€24k▲
Remuneration and social security454/9€275€218▼
Other amounts payable47/48€1k€27k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8€1k€997▼
Non-recurring operating charges66A€389-
Gross operating margin9900€57k€59k▲
Operating profit (loss)9901€54k€53k▼
Financial income75/76B€718€1k▲
Recurring financial income75€718€1k▲
Financial charges65/66B€2k€347▼
Recurring financial charges65€2k€347▼
Profit (loss) for the period before taxes9903€53k€53k▲
Income taxes67/77€14k€14k▲
Profit (loss) for the period9904€39k€40k▲
Profit (loss) for the period to be appropriated9905€39k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€100k€140k▲
Profit (loss) brought forward from the previous period14P€61k€100k▲
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
The notes to these accounts (6 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €40k ▲0.5%
Net result €40k, the highest in the series.
10-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 10 days late
2024
31-12
Financial
Liquidity times 6current ratio 17.51
Current ratio from 2.84 to 17.51; short-term debt falls from €40k to €7k.
31-12
Financial
Equity above €100kEq €120k ▲48.6%
6 profitable years in a row build equity to €120k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
10-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 10 days late
2018
28-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-07
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
5 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, Ranst · 1 establishment unit since 2013
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.
Wilgenlaan 102520 RanstGround area
356 m²
Building footprint
135 m²
Volume, LiDAR
701 m³
Parcel 11035B0252/00N005, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NG-Elec
since 20132.222.774.893
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035B0252/00N005 | Flanders | 356 m² | 1 · 135 m² | 9.2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,409 EUR awarded · 1,409 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,409 EUR | 1,409 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,719 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-09-2013
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.