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ANGEORING

Active
Private limited companyfounded 20232 yrs activeRue Saint-Pierre(HSH) 41, 6120 Ham-sur-Heure-Nalinnes, BelgiumKBO/BCE: BE 1002.560.524
Summary

ANGEORING has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,737 and a net result of €20,686. Its solvency ranks better than 41% of 9559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+36
Solvency70▲+28
Growth78
Track record82
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.11 in 2024; short-term debt: 54.9% and cash: 31% of total assets), and 54.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
45.1%
Return on assets
36.3%
Age of the figures
12 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
2 d early
2024
173 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 86 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
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

ANGEORING was incorporated on 22 November 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€25,737▲ 410%
2024 · €5,051
Total assets
€57,048▲ 96.7%
2024 · €29,000
Net result
€20,686▲ 578%
2024 · €3,051
Working capital
€5,889▲ 134%
2024 · €2,515
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€3,989-€31,468▲ 689%
Net result€3,051within the sector's middle half-€20,686within the sector's middle half▲ 578%
Equity€5,051below the sector's middle half-€25,737within the sector's middle half▲ 410%
Total assets€29,000below the sector's middle half-€57,048below the sector's middle half▲ 96.7%
Debt€23,949-€31,311▲ 30.7%
Working capital€2,515below the sector's middle half-€5,889within the sector's middle half▲ 134%
Solvency17.4%below the sector's middle half-45.1%within the sector's middle half▲ 27.7pp
Current ratio1.11below the sector's middle half-1.19within the sector's middle half▲ 0.08
Return on assets (ROA)10.5%within the sector's middle half-36.3%above the sector's middle half▲ 25.7pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
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€30,000Operating result 2024: €3,989€3,989Net result 2024: €3,051€3,051Operating result 2025: €31,468€31,468Net result 2025: €20,686€20,68620242025€0€10,000€20,000€30,000Operating result 2024: €3,989€3,990Net result 2024: €3,051€3,050Operating result 2025: €31,468€31,500Net result 2025: €20,686€20,70020242025
The operating result rises in 2025; 2025 is 689% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57,048
Fixed assets €19,848 ▲ 683%
Current assets €37,200 ▲ 40.6%
Equity and liabilities €57,048
Equity €25,737 ▲ 410%
Debt €31,311 ▲ 30.7%
Debt's share of the balance-sheet total falls from 82.6% to 54.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€37,987
Cash flow
€27,205
Debt to equity
1.22▼
2024 · 4.74
ROE
80.4%▲
2024 · 60.4%
Interest coverage
535.03
Debt ≤ 1 year
€31,311▲
2024 · €23,949
Income taxes
€10,711▲
2024 · €894
Staff costs
€860▲
2024 · €12
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 39,278 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€29,000€57,048▲
Fixed assets21/28€2,536€19,848▲
Tangible fixed assets22/27€2,536€19,848▲
Plant, machinery and equipment23€991€18,818▲
Furniture and vehicles24€1,545€1,030▼
Current assets29/58€26,464€37,200▲
Amounts receivable within one year40/41€15,609€19,425▲
Trade receivables40€15,609€19,425▲
Cash at bank and in hand54/58€9,947€17,664▲
Deferred charges and accrued income490/1€908€111▼
Equity and liabilities
Total equity and liabilities10/49€29,000€57,048▲
Equity10/15€5,051€25,737▲
Contributions10/11€2,000€2,000=
Reserves13-€20,000
Distributable reserves133-€20,000
Profit (loss) carried forward14€3,051€3,737▲
Amounts payable17/49€23,949€31,311▲
Amounts payable within one year42/48€23,949€31,311▲
Trade debts44€1,240€189▼
Suppliers440/4€1,240€189▼
Taxes, remuneration and social security45€5,329€19,312▲
Taxes450/3€5,329€19,312▲
Other amounts payable47/48€17,380€11,810▼
Income statement Code20242025
Remuneration, social security and pensions62€12€860▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6,519
Other operating charges640/8€11€319▲
Non-recurring operating charges66A-€63
Gross operating margin9900€4,012€39,229▲
Operating profit (loss)9901€3,989€31,468▲
Financial charges65/66B€44€71▲
Recurring financial charges65€44€71▲
Profit (loss) for the period before taxes9903€3,945€31,397▲
Income taxes67/77€894€10,711▲
Profit (loss) for the period9904€3,051€20,686▲
Profit (loss) for the period to be appropriated9905€3,051€20,686▲
Appropriation of the result
Profit (loss) to be appropriated9906€3,051€23,737▲
Profit (loss) brought forward from the previous period14P-€3,051
Transfer to equity691/2-€20,000
To other reserves6921-€20,000

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€12€860▲ 7,067%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6,519-
Other operating charges640/8€11€319▲ 2,800%
Non-recurring operating charges66A-€63-
Gross operating margin9900€4,012€39,229▲ 878%
Operating profit (loss)9901€3,989€31,468▲ 689%
Financial charges65/66B€44€71▲ 61.4%
Recurring financial charges65€44€71▲ 61.4%
Profit (loss) for the period before taxes9903€3,945€31,397▲ 696%
Income taxes67/77€894€10,711▲ 1,098%
Profit (loss) for the period9904€3,051€20,686▲ 578%
Profit (loss) for the period to be appropriated9905€3,051€20,686▲ 578%
Line20242025Change
Assets
Total assets20/58€29,000€57,048▲ 96.7%
Fixed assets21/28€2,536€19,848▲ 683%
Tangible fixed assets22/27€2,536€19,848▲ 683%
Plant, machinery and equipment23€991€18,818▲ 1,799%
Furniture and vehicles24€1,545€1,030▼ 33.3%
Current assets29/58€26,464€37,200▲ 40.6%
Amounts receivable within one year40/41€15,609€19,425▲ 24.4%
Trade receivables40€15,609€19,425▲ 24.4%
Cash at bank and in hand54/58€9,947€17,664▲ 77.6%
Deferred charges and accrued income490/1€908€111▼ 87.8%
Equity and liabilities
Total equity and liabilities10/49€29,000€57,048▲ 96.7%
Equity10/15€5,051€25,737▲ 410%
Contributions10/11€2,000€2,000=
Reserves13-€20,000-
Distributable reserves133-€20,000-
Profit (loss) carried forward14€3,051€3,737▲ 22.5%
Amounts payable17/49€23,949€31,311▲ 30.7%
Amounts payable within one year42/48€23,949€31,311▲ 30.7%
Trade debts44€1,240€189▼ 84.8%
Suppliers440/4€1,240€189▼ 84.8%
Taxes, remuneration and social security45€5,329€19,312▲ 262%
Taxes450/3€5,329€19,312▲ 262%
Other amounts payable47/48€17,380€11,810▼ 32.0%
Line20242025Change
Profit (loss) for the period9904€3,051€20,686▲ 578%
+ Depreciation and write-downs630-€6,519-
Operating cash flow (approximation)€3,051€27,205▲ 792%
Investment in fixed assets (approximation)--€23,831-
Change in cash-€7,717-

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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
28-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
20-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 173 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
167 m²
Building footprint
72 m²
Volume, LiDAR
591 m³
Parcel 56034A0378/00P002, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Angeoring
Rue Saint-Pierre(HSH) 41, 6120 Ham-sur-Heure-NalinnesCrop and animal production, hunting and related service activities
since 20232.352.915.538
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56034A0378/00P002 Wallonia 167 m² 1 · 72 m² 10.0 m · 3 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 11,573 companies in sector 71121 we hold annual accounts for 6,569. 4,299 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
Founded22-11-2023
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
41001General construction of residential buildings
52210Service activities incidental to land transportation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002560524
Also 9925:BE1002560524
Registered 03-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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