Limited partnership · founded 2022 · active for 3 yearsSint-Jan-Berchmansstraat 59, 2800 Mechelen, BelgiumKBO/BCE: BE 0793.743.773
Summary
The computed 12-month bankruptcy probability of Switch elektriciteit is 2.0% (moderate). The 2023 annual accounts show equity of €5,147 and a net result of €5,147. Its solvency ranks better than 45% of 33,182 sector peers (NACE 43, financial year 2023). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2023 (filed 30-10-2023)Size: total assets €12,505Founded in 2022lowers riskLegal form: limited partnershipneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Financial strength, FY 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency66
equity 41.2% of total assets
Liquidity58
short-term debt 58.8% · cash 30.5%
Profitability100
return on assets 41.2%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
2.0%Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.7% (47,613 companies, NACE 43, micro)
Last 24 months11-2024: 0.8%lowest value12-2024: 1.0%▲ +0.2 percentage points vs 11-202401-2025: 1.6%▲ +0.6 percentage points vs 12-202402-2025: 1.7%▲ +0.1 percentage points vs 01-202503-2025: 2.1%▲ +0.4 percentage points vs 02-202504-2025: 2.7%▲ +0.6 percentage points vs 03-202505-2025: 2.7%● unchanged vs 04-202506-2025: 2.8%▲ +0.1 percentage points vs 05-2025highest value07-2025: 2.5%▼ -0.3 percentage points vs 06-202508-2025: 2.5%● unchanged vs 07-202509-2025: 2.4%▼ -0.1 percentage points vs 08-202510-2025: 2.4%● unchanged vs 09-202511-2025: 2.4%● unchanged vs 10-202512-2025: 2.4%● unchanged vs 11-202501-2026: 2.4%● unchanged vs 12-202502-2026: 2.4%● unchanged vs 01-202603-2026: 2.4%● unchanged vs 02-202604-2026: 2.4%● unchanged vs 03-202605-2026: 2.4%● unchanged vs 04-202606-2026: 2.4%● unchanged vs 05-202607-2026: 2.2%▼ -0.2 percentage points vs 06-202608-2026: 2.2%● unchanged vs 07-202609-2026: 2.2%● unchanged vs 08-202610-2026: 2.0%▼ -0.2 percentage points vs 09-2026
tick = median of all Belgian filingsring = median in the sector
This company filed its 2023 accounts 1 day before the deadline; the sector median (NACE 43) for financial year 2023 is 1 day before the deadline, and 44% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
Annual accounts filedfinancial year 2023 · micro…
Key points
Caution: Among the weakest 13% on equitysector median €56,831 · 33,202 companies€5,147View