Sparky Electrical Works
ActiveSparky Electrical Works has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €31k. Its solvency ranks better than 34% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency56
Growth-
Track record67
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.51; short-term debt: 31.8% and cash: 36.6% of total assets), but 68.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
31.1%
Return on assets
31.1%
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 09-08-2026, 9 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 · 1 filingDeviation from the deadline
2025
9 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€31k
Total assets
€98k
Net result
€31k
Working capital
€16k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €98k
Fixed assets
€51k
Current assets
€47k
Equity and liabilities €98k
Equity
€31k
Debt
€68k
Debt finances 68.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€50k
Cash flow
€41k
Solvency
31.1%
Current ratio
1.51
Quick ratio
1.23
Debt / equity
2.21
ROE
100.0%
ROA
31.1%
Interest coverage
27.22
Debt
€68k
Debt ≤ 1 year
€31k
Debt > 1 year
€36k
Income taxes
€8k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€98k
Fixed assets21/28€51k
Tangible fixed assets22/27€51k
Leasing and similar rights25€51k
Current assets29/58€47k
Stocks and contracts in progress3€9k
Contracts in progress37€9k
Amounts receivable within one year40/41€122
Other amounts receivable41€122
Cash at bank and in hand54/58€36k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€98k
Equity10/15€31k
Profit (loss) carried forward14€31k
Amounts payable17/49€68k
Amounts payable after more than one year17€36k
Financial debts170/4€36k
Amounts payable within one year42/48€31k
Current portion of amounts payable after more than one year42€13k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€10k
Taxes450/3€10k
Other amounts payable47/48€4k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k
Other operating charges640/8€988
Gross operating margin9900€51k
Operating profit (loss)9901€40k
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€2k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€38k
Income taxes67/77€8k
Profit (loss) for the period9904€31k
Profit (loss) for the period to be appropriated9905€31k
Appropriation of the result
Profit (loss) to be appropriated9906€31k
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
2026
09-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 9 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Hooglede · 1 establishment unit since 2024
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.
Ieperstraat 1298830 HoogledeGround area
726 m²
Building footprint
97 m²
Volume, LiDAR
603 m³
Parcel 36006C1030/00W000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sparky Electrical Works
since 20242.367.092.681
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36006C1030/00W000 | Flanders | 726 m² | 1 · 97 m² | 9.3 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
Blinx
BE 0734.863.585
Pajottegem · Eq €31k
M-TECH
BE 0799.623.062
Antwerpen · Eq €31k
ALLICON
BE 0756.780.142
Kuurne · Eq €31k
NEFA CONCEPT
BE 0802.145.458
Liège · Eq €31k
ELECTRICITE JOSE FERNANDEZ
BE 0474.239.136
Brussel · Eq €31k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 7,989 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2024
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress 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.