PAESHUYSE ELECTRO TECHNICS
ActivePAESHUYSE ELECTRO TECHNICS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105k and a net result of €14k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-17
Solvency77▼-23
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 5.36 in 2024; short-term debt: 48% and cash: 54.3% of total assets), and 48% 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
52%
Return on assets
7%
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
8 d early
2023
14 d early
2022
31 d late
2021
31 d early
2020
30 d early
2019
28 d late
← 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, micro schema
Equity
€105k▼ 9.9%
2024 · €117k
2018: €58k
2019: €54k
2020: €60k
2021: €61k
2022: €79k
2023: €90k
2024: €117k
2018 → 2025
Total assets
€203k▲ 43.8%
2024 · €141k
2018: €84k
2019: €116k
2020: €122k
2021: €107k
2022: €132k
2023: €128k
2024: €141k
2018 → 2025
Net result
€14k▼ 50.4%
2024 · €28k
2018: €20k
2019: €-2k
2020: €8k
2021: €3k
2022: €20k
2023: €13k
2024: €28k
2018 → 2025
Working capital
€79k▼ 24.8%
2024 · €105k
2018: €57k
2019: €53k
2020: €54k
2021: €55k
2022: €75k
2023: €85k
2024: €105k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€79k▲ 29.8%€90k▲ 14.3%€117k▲ 29.8%€105k▼ 9.9%
Operating result€3k-€27k▲ 769%€20k▼ 26.8%€40k▲ 104%€21k▼ 48.5%
Net result€3k-€20k▲ 665%€13k▼ 34.9%€28k▲ 122%€14k▼ 50.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €203k
Fixed assets
€27k▲ 116%
Current assets
€176k▲ 36.9%
Equity and liabilities €203k
Equity
€105k▼ 9.9%
Debt
€97k▲ 305%
The debt ratio rises from 17.0% to 48.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€27k▼
2024 · €42k
Cash flow
€20k▼
2024 · €31k
Solvency
52.0%▼
2024 · 83.0%
Current ratio
1.81▼
2024 · 5.36
Quick ratio
1.74▼
2024 · 5.09
Debt / equity
0.92▲
2024 · 0.21
ROE
13.4%▼
2024 · 24.4%
ROA
7.0%▼
2024 · 20.2%
Interest coverage
15.82▼
2024 · 28.71
Debt
€97k▲
2024 · €24k
Debt ≤ 1 year
€97k▲
2024 · €24k
Income taxes
€5k▼
2024 · €11k
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€141k€203k▲
Fixed assets21/28€12k€27k▲
Tangible fixed assets22/27€12k€27k▲
Plant, machinery and equipment23€8k€14k▲
Furniture and vehicles24€5k€13k▲
Current assets29/58€129k€176k▲
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€32k€59k▲
Trade receivables40€23k€38k▲
Other amounts receivable41€10k€21k▲
Cash at bank and in hand54/58€90k€110k▲
Equity and liabilities
Total equity and liabilities10/49€141k€203k▲
Equity10/15€117k€105k▼
Contributions10/11€19k€19k=
Reserves13€69k€58k▼
Tax-exempt reserves132€5k€5k=
Distributable reserves133€64k€53k▼
Profit (loss) carried forward14€29k€29k=
Amounts payable17/49€24k€97k▲
Amounts payable within one year42/48€24k€97k▲
Trade debts44€3k€52k▲
Suppliers440/4€3k€52k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€17k€40k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k▲
Other operating charges640/8€580€120▼
Gross operating margin9900€43k€27k▼
Operating profit (loss)9901€40k€21k▼
Financial income75/76B€751€407▼
Recurring financial income75€751€407▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€39k€19k▼
Income taxes67/77€11k€5k▼
Profit (loss) for the period9904€28k€14k▼
Profit (loss) for the period to be appropriated9905€28k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€43k▼
Profit (loss) brought forward from the previous period14P€29k€29k=
Transfer from equity791/2-€24k
Transfer to equity691/2€27k€13k▼
To other reserves6921€27k€13k▼
Profit to be distributed694/7€2k€26k▲
Return on contributions (dividend)694€2k€26k▲
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €28k ▲122%
Operating result €40k, net result €28k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲29.8%
5 profitable years in a row build equity to €117k.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €-2k ▼111%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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, Dessel · 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.
Brasel 62480 DesselGround area
817 m²
Building footprint
241 m²
Volume, LiDAR
1,053 m³
Parcel 13006A0361/00C002, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Paeshuyse Electro Technics
since 20132.219.590.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006A0361/00C002 | Flanders | 816 m² | 1 · 241 m² | 8.8 m · 1 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.
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,789 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-2013
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.