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ACUTE ENGINEERING

Active
Private limited companyfounded 198838 yrs activeRue Joseph Wauters 33, 1300 Wavre, BelgiumKBO/BCE: BE 0434.962.747
Summary

For ACUTE ENGINEERING, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €18,281 and a net result of €8,274. Equity is growing by ~90.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 10635 sector peers (fiscal year 2023). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability89▼-11
Solvency60▲+12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
35.2%
Return on assets
15.9%
Age of the figures
42 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-03-2024 close31-10-2024 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 29-10-2023, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
2 d early
2022
97 d late
2021
2 d late
2020
100 d late
2019
14 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 42 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 10 August 1988, ACUTE ENGINEERING was incorporated.1 Total assets went from EUR 23,454 in 2019 to EUR 52,003 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023

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Financials · fiscal year 2023, micro schema

Equity
€18,281▲ 82.7%
2022 · €10,006
Total assets
€52,003▲ 18.3%
2022 · €43,945
Net result
€8,274▼ 61.3%
2022 · €21,387
Working capital
€13,190▲ 88.6%
2022 · €6,995
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
Line20192020202120222023
Operating result€18,603-€39,443▲ 112%€13,309▼ 66.3%€24,230▲ 82.1%€12,037▼ 50.3%
Net result€13,929-€35,148▲ 152%€11,562▼ 67.1%€21,387▲ 85.0%€8,274▼ 61.3%
Equity-€18,091--€7,942▲ 56.1%€3,620€10,006▲ 176%€18,281▲ 82.7%
Total assets€23,454-€51,402▲ 119%€24,807▼ 51.7%€43,945▲ 77.2%€52,003▲ 18.3%
Debt€41,545-€59,345▲ 42.8%€21,187▼ 64.3%€33,939▲ 60.2%€33,722▼ 0.6%
Working capital-€7,750-€4,108€2,679▼ 34.8%€6,995▲ 161%€13,190▲ 88.6%
Staff (FTE)0.6
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2019: €18,603€18,603Net result 2019: €13,929€13,929Operating result 2020: €39,443€39,443Net result 2020: €35,148€35,148Operating result 2021: €13,309€13,309Net result 2021: €11,562€11,562Operating result 2022: €24,230€24,230Net result 2022: €21,387€21,387Operating result 2023: €12,037€12,037Net result 2023: €8,274€8,27420192020202120222023€0€10,000€20,000Operating result 2021: €13,309€13,300Net result 2021: €11,562€11,600Operating result 2022: €24,230€24,200Net result 2022: €21,387€21,400Operating result 2023: €12,037€12,000Net result 2023: €8,274€8,270202120222023
The operating result falls in 2023; 2023 is 50% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €52,003
Fixed assets €5,091 ▼ 17.8%
Current assets €46,912 ▲ 24.3%
Equity and liabilities €52,003
Equity €18,281 ▲ 82.7%
Debt €33,722 ▼ 0.6%
Debt's share of the balance-sheet total falls from 77.2% to 64.8%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€15,043▼
2022 · €25,560
Cash flow
€11,280▼
2022 · €22,717
Current ratio
1.39▲
2022 · 1.23
Debt to equity
1.84▼
2022 · 3.39
ROE
45.3%▼
2022 · 213.7%
ROA
15.9%▼
2022 · 48.7%
Interest coverage
30.25▲
2022 · 24.35
Debt ≤ 1 year
€33,722▲
2022 · €30,754
Income taxes
€3,266▲
2022 · €1,793
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 50 lines
Balance sheet Code20222023
Assets
Total assets20/58€43,945€52,003▲
Fixed assets21/28€6,196€5,091▼
Tangible fixed assets22/27€6,196€5,091▼
Plant, machinery and equipment23€1,735€695▼
Furniture and vehicles24€4,461€4,396▼
Current assets29/58€37,749€46,912▲
Amounts receivable within one year40/41€31,780€28,722▼
Trade receivables40€24,561€28,722▲
Other amounts receivable41€7,219-
Cash at bank and in hand54/58€2,600€15,872▲
Deferred charges and accrued income490/1€3,369€2,318▼
Equity and liabilities
Total equity and liabilities10/49€43,945€52,003▲
Equity10/15€10,006€18,281▲
Contributions10/11€8,775€8,775=
Capital10€8,775-
Issued capital100€18,642-
Uncalled capital101€9,866-
Reserves13€1,864€9,505▲
Non-distributable reserves130/1€1,864€1,864=
Legal reserve130€1,864-
Reserves not available under the articles1311-€1,864
Distributable reserves133-€7,641
Profit (loss) carried forward14-€633-
Amounts payable17/49€33,939€33,722▼
Amounts payable within one year42/48€30,754€33,722▲
Trade debts44€9,665€21,575▲
Suppliers440/4€9,665€21,575▲
Taxes, remuneration and social security45€6,089€9,366▲
Taxes450/3€5,089€7,273▲
Remuneration and social security454/9€1,000€2,093▲
Other amounts payable47/48€15,000€2,781▼
Accrued charges and deferred income492/3€3,185-
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,330€3,005▲
Other operating charges640/8€483€491▲
Gross operating margin9900€26,043€15,534▼
Operating profit (loss)9901€24,230€12,037▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€1,050€497▼
Recurring financial charges65€1,050€497▼
Profit (loss) for the period before taxes9903€23,180€11,540▼
Income taxes67/77€1,793€3,266▲
Profit (loss) for the period9904€21,387€8,274▼
Profit (loss) for the period to be appropriated9905€21,387€8,274▼
Appropriation of the result
Profit (loss) to be appropriated9906€14,367€7,641▼
Profit (loss) brought forward from the previous period14P-€7,020-€633▲
Transfer to equity691/2-€7,641
To other reserves6921-€7,641
Profit to be distributed694/7€15,000-
Directors or managers695€15,000-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€345€1,330€3,005▲ 126%
Other operating charges640/8---€483€491▲ 1.8%
Gross operating margin9900€19,054€42,999€14,296€26,043€15,534▼ 40.4%
Operating profit (loss)9901€18,603€39,443€13,309€24,230€12,037▼ 50.3%
Financial income75/76B---€0--
Recurring financial income75-€2€2,171€0--
Financial charges65/66B---€1,050€497▼ 52.6%
Recurring financial charges65€3,274€1,400€2,541€1,050€497▼ 52.6%
Profit (loss) for the period before taxes9903€15,329€38,045€15,439€23,180€11,540▼ 50.2%
Income taxes67/77€1,400€2,897€3,877€1,793€3,266▲ 82.1%
Profit (loss) for the period9904€13,929€35,148€11,562€21,387€8,274▼ 61.3%
Profit (loss) for the period to be appropriated9905€13,929€35,148€11,562€21,387€8,274▼ 61.3%
Line20192020202120222023Change
Assets
Total assets20/58€23,454€51,402€24,807€43,945€52,003▲ 18.3%
Fixed assets21/28€155€155€2,929€6,196€5,091▼ 17.8%
Tangible fixed assets22/27--€2,774€6,196€5,091▼ 17.8%
Plant, machinery and equipment23---€1,735€695▼ 59.9%
Furniture and vehicles24---€4,461€4,396▼ 1.5%
Financial fixed assets28€155€155€155---
Current assets29/58€23,300€51,248€21,878€37,749€46,912▲ 24.3%
Amounts receivable within one year40/41€23,300€51,046€17,342€31,780€28,722▼ 9.6%
Trade receivables40---€24,561€28,722▲ 16.9%
Other amounts receivable41---€7,219--
Cash at bank and in hand54/58€0€0€4,475€2,600€15,872▲ 510%
Deferred charges and accrued income490/1---€3,369€2,318▼ 31.2%
Equity and liabilities
Total equity and liabilities10/49€23,454€51,402€24,807€43,945€52,003▲ 18.3%
Equity10/15-€18,091-€7,942€3,620€10,006€18,281▲ 82.7%
Contributions10/11€8,775€8,775€8,775€8,775€8,775=
Capital10---€8,775--
Issued capital100---€18,642--
Uncalled capital101---€9,866--
Reserves13€1,864€1,864€1,864€1,864€9,505▲ 410%
Non-distributable reserves130/1---€1,864€1,864=
Legal reserve130---€1,864--
Reserves not available under the articles1311----€1,864-
Distributable reserves133----€7,641-
Profit (loss) carried forward14-€28,730-€18,582-€7,020-€633--
Amounts payable17/49€41,545€59,345€21,187€33,939€33,722▼ 0.6%
Amounts payable within one year42/48€31,049€47,139€19,198€30,754€33,722▲ 9.7%
Trade debts44-€434€6,659€9,665€21,575▲ 123%
Suppliers440/4---€9,665€21,575▲ 123%
Taxes, remuneration and social security45---€6,089€9,366▲ 53.8%
Taxes450/3---€5,089€7,273▲ 42.9%
Remuneration and social security454/9---€1,000€2,093▲ 109%
Other amounts payable47/48---€15,000€2,781▼ 81.5%
Accrued charges and deferred income492/3---€3,185--
Line20192020202120222023Change
Profit (loss) for the period9904€13,929€35,148€11,562€21,387€8,274▼ 61.3%
+ Depreciation and write-downs630--€345€1,330€3,005▲ 126%
Operating cash flow (approximation)€13,929€35,148€11,907€22,717€11,280▼ 50.3%
Investment in fixed assets (approximation)-€0-€3,119-€4,598-€1,900▲ 58.7%
Change in cash-€0€4,475-€1,875€13,272▲ 808%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
29-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Weakest financial yearnet €8,274 ▼61.3%
Net result drops to €8,274, the lowest in the series.
05-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 97 days late
2021
02-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
08-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 100 days late
2020
31-03
Financial Highest result since 2019net €35,148 ▲152%
Operating result €39,443, net result €35,148, both a record.
2019
14-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2018
12-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 73 days late
2016
31-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
09-11
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 9 days late
2014
30-10
NBB filing Annual accounts filed
fiscal year 2014 · full schema
30-10
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 364 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Wavre · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
597 m²
Building footprint
102 m²
Volume, LiDAR
1,206 m³
Parcel 25112M0889/00F000, Wallonia · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
VOLUMICONCEPT
Rue Joseph Wauters 33, 1300 WavreManufacture of basic metals
since 19962.039.706.397
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25112M0889/00F000 Wallonia 597 m² 1 · 102 m² 13.0 m · 4 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

Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 3,855 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
Founded10-08-1988
Fiscal year end31-03
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0434962747
Also 9925:BE0434962747
Registered 09-12-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.