Tel ectriC
ActiveThe computed 12-month bankruptcy probability of Tel ectriC is 1.9% (moderate). The 2025 annual accounts show equity of €78k and a net result of €12k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 79% of 27676 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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
Profitability83▼-2
Solvency99▼-1
Growth52=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.13 against 5.71 in 2024; short-term debt: 21.2% and cash: 58.8% of total assets), and 25.6% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
74.4%
Return on assets
11.2%
Age of the figures
9 mo
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 · 5 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
9 d early
2022
4 d late
2021
16 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€78k▲ 17.7%
2024 · €66k
2021: €28k
2022: €46k
2023: €56k
2024: €66k
2021 → 2025
Total assets
€104k▲ 37.3%
2024 · €76k
2021: €102k
2022: €81k
2023: €79k
2024: €76k
2021 → 2025
Net result
€12k▲ 18.6%
2024 · €10k
2021: €25k
2022: €18k
2023: €11k
2024: €10k
2021 → 2025
Working capital
€69k▲ 46.1%
2024 · €47k
2021: €29k
2022: €34k
2023: €35k
2024: €47k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€46k▲ 64.3%€56k▲ 23.1%€66k▲ 17.5%€78k▲ 17.7%
Operating result€37k-€24k▼ 34.3%€14k▼ 42.6%€13k▼ 4.7%€16k▲ 19.0%
Net result€25k-€18k▼ 29.4%€11k▼ 40.8%€10k▼ 6.8%€12k▲ 18.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 19% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104k
Fixed assets
€13k▼ 29.3%
Current assets
€91k▲ 59.1%
Equity and liabilities €104k
Equity
€78k▲ 17.7%
Debt
€27k▲ 167%
The debt ratio rises from 13.2% to 25.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2024 · €20k
Cash flow
€18k▲
2024 · €17k
Solvency
74.4%▼
2024 · 86.8%
Current ratio
4.13▼
2024 · 5.71
Quick ratio
4.13▼
2024 · 5.49
Debt / equity
0.34▲
2024 · 0.15
ROE
15.0%▲
2024 · 14.9%
ROA
11.2%▼
2024 · 12.9%
Interest coverage
59.40▲
2024 · 57.72
Debt
€27k▲
2024 · €10k
Debt ≤ 1 year
€22k▲
2024 · €10k
Income taxes
€4k▲
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€76k€104k▲
Fixed assets21/28€19k€13k▼
Tangible fixed assets22/27€19k€13k▼
Plant, machinery and equipment23€12k€7k▼
Furniture and vehicles24€7k€6k▼
Current assets29/58€57k€91k▲
Stocks and contracts in progress3€2k-
Contracts in progress37€2k-
Amounts receivable within one year40/41€27k€29k▲
Trade receivables40€21k€23k▲
Other amounts receivable41€6k€6k▼
Cash at bank and in hand54/58€26k€61k▲
Deferred charges and accrued income490/1€2k€873▼
Equity and liabilities
Total equity and liabilities10/49€76k€104k▲
Equity10/15€66k€78k▲
Contributions10/11€3k€3k=
Reserves13€64k€75k▲
Distributable reserves133€64k€75k▲
Amounts payable17/49€10k€27k▲
Amounts payable within one year42/48€10k€22k▲
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€744€13k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Non-recurring operating income76A-€117
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€665€2k▲
Gross operating margin9900€21k€24k▲
Operating profit (loss)9901€13k€16k▲
Financial income75/76B€25€183▲
Recurring financial income75€25€183▲
Financial charges65/66B€355€374▲
Recurring financial charges65€355€374▲
Profit (loss) for the period before taxes9903€13k€15k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€10k€12k▲
Profit (loss) for the period to be appropriated9905€10k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€12k▲
Transfer to equity691/2€10k€12k▲
To other reserves6921€10k€12k▲
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €10k ▼6.8%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Scherpenheuvel-Zichem · 1 establishment unit since 2020
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.
Vosselaar 543271 Scherpenheuvel-ZichemGround area
772 m²
Building footprint
92 m²
Volume, LiDAR
459 m³
Parcel 24129D0101/00C000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tel electriC
since 20202.310.443.394
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24129D0101/00C000 | Flanders | 772 m² | 1 · 91 m² | 7.1 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
2023 · 1 entry · 345 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 345 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,795 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2020
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.