43
ActiveSummary
43 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,494 and a net result of €25,720. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+71
Solvency25▲+25
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
0.4%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9537 sector peers (2025).
NBB · sector comparisonPosition among 9537 sector peers
Solvency
better than 10%
← weakest
strongest →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 d early
2024
25 d late
2023
22 d late
2022
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€4,494
2024 · -€21,226
Total assets
€1.2m▲ 1,376%
2024 · €79,444
Net result
€25,720
2024 · -€23,454
Working capital
€18,906
2024 · -€80,206
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€5,454--€3,309-€23,277▼ 603%€27,015
Net result€4,302--€4,074-€23,454▼ 476%€25,720
Equity€6,302-€2,228▼ 64.6%-€21,226€4,494
Total assets€12,063-€75,469▲ 526%€79,444▲ 5.3%€1.2m▲ 1,376%
Debt€5,761-€73,241▲ 1,171%€100,670▲ 37.5%€1.2m▲ 1,060%
Working capital€3,973--€58,121-€80,206▼ 38.0%€18,906
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Total assets +1,376% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €27,015 after a loss of €23,277 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.1m ▲ 1,804%
Current assets
€49,177 ▲ 140%
Equity and liabilities €1.2m
Equity
€4,494
Debt
€1.2m
Debt finances 99.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€42,822▲
2024 · -€10,301
Cash flow
€41,527▲
2024 · -€10,478
Current ratio
1.62▲
2024 · 0.20
ROE
572.3%
ROA
2.2%▲
2024 · -29.5%
Interest coverage
45.56▲
2024 · -58.20
Debt ≤ 1 year
€30,271▼
2024 · €100,670
Debt > 1 year
€1.1m
Income taxes
€355
A ratio outside any meaningful range has been withheld (balance sheet total €1.2m, equity €4,494).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,513 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 96% are still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.1%
went bankrupt
1.3%
stopped otherwise
96%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,513 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €126 | €4,915 | €12,976 | €15,807 | ▲ 21.8% |
| Other operating charges640/8 | €739 | €347 | €1,007 | €944 | ▼ 6.3% |
| Gross operating margin9900 | €6,319 | €1,953 | -€9,294 | €43,766 | ▲ 571% |
| Operating profit (loss)9901 | €5,454 | -€3,309 | -€23,277 | €27,015 | ▲ 216% |
| Financial charges65/66B | €43 | €834 | €177 | €940 | ▲ 431% |
| Recurring financial charges65 | €43 | €834 | €177 | €940 | ▲ 431% |
| Profit (loss) for the period before taxes9903 | €5,411 | -€4,143 | -€23,454 | €26,075 | ▲ 211% |
| Income taxes67/77 | €1,109 | -€69 | - | €355 | - |
| Profit (loss) for the period9904 | €4,302 | -€4,074 | -€23,454 | €25,720 | ▲ 210% |
| Profit (loss) for the period to be appropriated9905 | €4,302 | -€4,074 | -€23,454 | €25,720 | ▲ 210% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12,063 | €75,469 | €79,444 | €1.2m | ▲ 1,376% |
| Fixed assets21/28 | €2,329 | €60,697 | €58,980 | €1.1m | ▲ 1,804% |
| Tangible fixed assets22/27 | €2,329 | €60,697 | €58,980 | €1.1m | ▲ 1,804% |
| Land and buildings22 | - | €11,800 | €11,442 | €1.1m | ▲ 9,381% |
| Plant, machinery and equipment23 | €1,227 | €37,253 | €32,802 | €26,086 | ▼ 20.5% |
| Furniture and vehicles24 | €1,102 | €2,736 | €3,134 | €3,564 | ▲ 13.7% |
| Other tangible fixed assets26 | - | €8,908 | €11,602 | €8,701 | ▼ 25.0% |
| Current assets29/58 | €9,734 | €14,772 | €20,464 | €49,177 | ▲ 140% |
| Amounts receivable within one year40/41 | €1,115 | €1,227 | €2,246 | €22,302 | ▲ 893% |
| Trade receivables40 | €1,115 | €840 | €656 | €22,302 | ▲ 3,300% |
| Other amounts receivable41 | - | €387 | €1,590 | - | - |
| Cash at bank and in hand54/58 | €8,619 | €9,872 | €15,313 | €26,475 | ▲ 72.9% |
| Deferred charges and accrued income490/1 | - | €3,673 | €2,905 | €400 | ▼ 86.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12,063 | €75,469 | €79,444 | €1.2m | ▲ 1,376% |
| Equity10/15 | €6,302 | €2,228 | -€21,226 | €4,494 | ▲ 121% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €0 | - | - | - | - |
| Distributable reserves133 | €0 | - | - | - | - |
| Profit (loss) carried forward14 | €4,302 | €228 | -€23,226 | €2,494 | ▲ 111% |
| Amounts payable17/49 | €5,761 | €73,241 | €100,670 | €1.2m | ▲ 1,060% |
| Amounts payable after more than one year17 | - | - | - | €1.1m | - |
| Financial debts170/4 | - | - | - | €1.1m | - |
| Amounts payable within one year42/48 | €5,761 | €72,893 | €100,670 | €30,271 | ▼ 69.9% |
| Trade debts44 | €1,034 | €3,480 | €24,771 | €5,371 | ▼ 78.3% |
| Suppliers440/4 | €1,034 | €3,480 | €24,771 | €5,371 | ▼ 78.3% |
| Taxes, remuneration and social security45 | €3,938 | - | - | €3,833 | - |
| Taxes450/3 | €3,938 | - | - | €3,833 | - |
| Other amounts payable47/48 | €789 | €69,413 | €75,899 | €21,067 | ▼ 72.2% |
| Accrued charges and deferred income492/3 | - | €348 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,302 | -€4,074 | -€23,454 | €25,720 | ▲ 210% |
| + Depreciation and write-downs630 | €126 | €4,915 | €12,976 | €15,807 | ▲ 21.8% |
| Operating cash flow (approximation) | €4,428 | €841 | -€10,478 | €41,527 | ▲ 496% |
| Investment in fixed assets (approximation) | - | -€63,283 | -€11,259 | -€1.1m | ▼ 9,493% |
| Change in cash | - | €1,253 | €5,441 | €11,162 | ▲ 105% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €25,720
Net result €25,720 after 2 loss-making years.
31-12
Financial
Liquidity times 8current ratio 1.62
Current ratio from 0.20 to 1.62; short-term debt falls from €100,670 to €30,271.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet -€23,454
Net result drops to -€23,454, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Oosterzele · 1 establishment unit since 2022
Ground area
449 m²
Building footprint
208 m²
Volume, LiDAR
1,063 m³
Parcel 44031A0186/00T000, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
43
since 20222.334.653.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44031A0186/00T000 | Flanders | 449 m² | 1 · 208 m² | 10.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
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Architectenbureau Marie Moors
BE 1017.193.270
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ALVIN Design and ideas
BE 0798.584.865
Pont-à-Celles · Eq €4,533
BASIL ARCHITECTURE
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Of 18,252 companies in sector 71111 we hold annual accounts for 6,320. 2,102 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
18130Pre-press and pre-media services
18200Printing and reproduction of recorded media
62900Other information technology and computer services
68110Buying and selling of own real estate
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0788592083
Also
9925:BE0788592083
Registered
21-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.