B & A ENGINEERING
ActiveSummary
B & A ENGINEERING has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,999) and a net result of -€9,281. Equity is shrinking by about 33% per year across the filed financial years. Its solvency ranks better than 18% of 244 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Equity
- -€1,999
- Loss
- -€9,281
- Parent
- Bogaerts Consulting · 100%
Why 53raises riskCapped at 59: negative equityNegative equity -€1,999Loss of €9,281, the second in a row (financial year 2025)lowers riskSize: total assets €16,763Sector: Manufacture of computer, electronic and optical products (NACE 26)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 26, micro): better than 16% on solvency, 23% on liquidity, 10% on profitability and 5% on growth.
The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 4 days after the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€9,281
- RestructuringMerger · Shareholding
Financials · financial year 2025, micro format
2025 annual accounts filed late (29 days) Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00450503.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €7,643 in 2025 against €956 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.4% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 74.5% 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 6,621 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €358 | €3,108 | €3,581 | €5,194 | €10,478 | €5,211 | €3,096 | €779 | ▼ 74.8% |
| Other operating charges640/8 | - | - | - | €841 | €1,044 | €1,113 | €4,751 | €3,269 | ▼ 31.2% |
| Non-recurring operating charges66A | - | - | - | - | - | €2,861 | €1,528 | - | - |
| Gross operating margin9900 | €5,464 | €10,583 | €15,741 | €5,268 | €17,768 | €12,038 | €8,418 | -€3,595 | - |
| Operating profit (loss)9901 | €4,284 | €6,796 | €11,451 | -€767 | €6,246 | €2,852 | -€956 | -€7,643 | ▼ 700% |
| Financial income75/76B | - | - | - | €4,227 | €1,662 | €1,175 | €1 | - | - |
| Recurring financial income75 | €2,786 | €4,253 | €3,262 | €4,227 | €1,662 | €1,175 | €1 | - | - |
| Financial charges65/66B | - | - | - | €505 | €1,547 | €1,329 | €1,390 | €1,633 | ▲ 17.5% |
| Recurring financial charges65 | €1,343 | €811 | €1,619 | €505 | €1,547 | €1,329 | €1,390 | €1,633 | ▲ 17.5% |
| Profit (loss) for the period before taxes9903 | €5,727 | €10,238 | €13,094 | €2,956 | €6,361 | €2,698 | -€2,344 | -€9,275 | ▼ 296% |
| Income taxes67/77 | €3,058 | €4,400 | €3,897 | €1,836 | €824 | €925 | - | €6 | - |
| Profit (loss) for the period9904 | €2,669 | €5,838 | €9,197 | €1,120 | €5,537 | €1,773 | -€2,344 | -€9,281 | ▼ 296% |
| Profit (loss) for the period to be appropriated9905 | €2,669 | €5,838 | €9,197 | €1,120 | €5,537 | €1,773 | -€2,344 | -€9,281 | ▼ 296% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €92,751 | €112,008 | €69,201 | €98,053 | €119,995 | €28,125 | €16,077 | €16,763 | ▲ 4.3% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0 | €12,887 | €11,576 | €22,901 | €56,643 | €6,578 | €1,955 | €1,176 | ▼ 39.8% |
| Intangible fixed assets21 | €0 | €8,280 | €6,210 | €5,930 | €3,436 | - | €0 | - | - |
| Tangible fixed assets22/27 | €0 | €4,607 | €5,366 | €16,971 | €53,207 | €6,578 | €1,955 | €1,176 | ▼ 39.8% |
| Land and buildings22 | - | - | - | €3,828 | €8,162 | €2,444 | €151 | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,182 | €34,824 | €175 | - | - | - |
| Furniture and vehicles24 | - | - | - | €11,960 | €8,636 | €2,725 | €919 | €641 | ▼ 30.2% |
| Other tangible fixed assets26 | - | - | - | - | €1,584 | €1,234 | €885 | €535 | ▼ 39.5% |
| Financial fixed assets28 | €0 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €92,751 | €99,121 | €57,626 | €75,152 | €63,353 | €21,546 | €14,122 | €15,587 | ▲ 10.4% |
| Amounts receivable after more than one year29 | - | - | - | - | €45,000 | - | - | - | - |
| Other amounts receivable291 | - | - | - | - | €45,000 | - | - | - | - |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €69,513 | €79,455 | €50,682 | €60,444 | €15,016 | €16,678 | €9,417 | €10,646 | ▲ 13.1% |
| Trade receivables40 | - | - | - | €14,417 | €6,934 | €10,252 | €9,085 | €5,569 | ▼ 38.7% |
| Other amounts receivable41 | - | - | - | €46,027 | €8,082 | €6,426 | €332 | €5,078 | ▲ 1,431% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €3,996 | €2,452 | €5,945 | €1,932 | €3,166 | €4,868 | €4,705 | €4,941 | ▲ 5.0% |
| Deferred charges and accrued income490/1 | - | - | - | €12,777 | €171 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €92,751 | €112,008 | €69,201 | €98,053 | €119,995 | €28,125 | €16,077 | €16,763 | ▲ 4.3% |
| Equity10/15 | €63,918 | €69,756 | €30,097 | €31,217 | €26,754 | €9,627 | €7,283 | -€1,999 | - |
| Contributions10/11 | €19,000 | €19,000 | - | €19,000 | €19,000 | €100 | €100 | €100 | = |
| Reserves13 | €44,918 | €50,756 | €11,097 | €12,217 | €7,754 | €9,527 | €7,183 | €7,183 | = |
| Non-distributable reserves130/1 | - | - | - | €1,900 | €1,900 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,900 | €1,900 | - | - | - | - |
| Distributable reserves133 | - | - | - | €10,317 | €5,854 | €9,527 | €7,183 | €7,183 | = |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - | - | -€9,281 | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €28,833 | €42,252 | €39,105 | €66,837 | €93,241 | €18,498 | €8,794 | €18,762 | ▲ 113% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €26,775 | €40,534 | €38,251 | €57,056 | €85,068 | €17,644 | €7,941 | €18,762 | ▲ 136% |
| Financial debts43 | - | - | - | - | €6,947 | €9,325 | €1,682 | €1,926 | ▲ 14.5% |
| Credit institutions430/8 | - | - | - | - | €6,947 | €9,325 | €1,682 | €1,926 | ▲ 14.5% |
| Trade debts44 | €12,402 | €26,695 | €3,727 | - | €3,935 | €776 | - | €5,700 | - |
| Suppliers440/4 | - | - | - | - | €3,935 | €776 | - | €5,700 | - |
| Taxes, remuneration and social security45 | - | - | - | €7,653 | €29,593 | €7,543 | €5,985 | €3,595 | ▼ 39.9% |
| Taxes450/3 | - | - | - | €7,653 | €7,476 | €5,325 | €3,765 | €1,525 | ▼ 59.5% |
| Remuneration and social security454/9 | - | - | - | - | €22,117 | €2,218 | €2,220 | €2,070 | ▼ 6.8% |
| Other amounts payable47/48 | - | - | - | €49,403 | €44,592 | - | €274 | €7,541 | ▲ 2,651% |
| Accrued charges and deferred income492/3 | - | - | - | €9,781 | €8,173 | €854 | €854 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,669 | €5,838 | €9,197 | €1,120 | €5,537 | €1,773 | -€2,344 | -€9,281 | ▼ 296% |
| + Depreciation and write-downs630 | €358 | €3,108 | €3,581 | €5,194 | €10,478 | €5,211 | €3,096 | €779 | ▼ 74.8% |
| Operating cash flow (approximation) | €3,027 | €8,946 | €12,778 | €6,313 | €16,015 | €6,984 | €751 | -€8,503 | - |
| Investment in fixed assets (approximation) | - | -€15,995 | -€2,270 | -€16,519 | -€44,219 | €44,854 | €1,528 | €0 | ▼ 100% |
| Change in cash | - | -€1,544 | €3,493 | -€4,013 | €1,234 | €1,703 | -€163 | €236 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-08-2026 | 2026-00450503 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00451732 |
| 31-12-2023 | micro format | 13-08-2024 | 2024-00343798 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00421861 |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20222782 |
| 31-12-2020 | micro format | 21-06-2021 | 2021-21800537 |
| 31-12-2019 | micro format | 02-07-2020 | 2020-25000277 |
| 31-12-2018 | micro format | 22-07-2019 | 2019-35600588 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56700206 |
| 31-12-2016 | micro format | 23-08-2017 | 2017-46800567 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
1 ownerChain of control
- Bogaerts Consulting
- B & A ENGINEERING
Highest known parent: Bogaerts Consulting. The sources do not say who stands above it.
Owners 1
- Bogaerts Consultingparent100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- Bogaerts Consulting (BE 1001.319.914) all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
26-11
Gazette deed
RestructuringMerger · Shareholding3 facts ▸
- Merger, “geruisloze fusie of fusie door overneming, Uittreksel uit het fusievoorstel” (deed in Dutch)
- Shareholding, Bogaerts Consulting
- Other provision, “formuliervoorbehoud, Belgisch Staatsblad” (deed in Dutch)
24-01
Gazette deed
Resignation: Johan BOGAERTS (statutory director)Appointment: BOGAERTS CONSULTING (director) · Permanent representative: Johan BOGAERTS · Amendment of the articles15 facts ▸
- General meeting, 07-11-2023
- Amendment of the articles (2 times)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “onmiddellijk opheffen, middelen beschikbaar maken voor uitkering” (deed in Dutch)
- Capital decrease, €18,900
- Purpose change
- Director resignation, Johan BOGAERTS (statutory director)
- Director discharge, Johan BOGAERTS
- Capital
- Director appointment, BOGAERTS CONSULTING (director (not named in the articles))
- Permanent representative, Johan BOGAERTS
- +3 further facts in this act
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71064C0088/00H000 | Flanders | 989 m² | 1 · 166 m² | 7.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Productie,aan en verkoop,groot – en kleinhandel,import en export van elektrisch en elektronisch materiaal,elektronische componenten en…” (deed in Dutch)
4 activities (deed in Dutch)
- Productie,aan en verkoop,groot – en kleinhandel,import en export van elektrisch en elektronisch materiaal,elektronische componenten en sturingen zonder dat deze opsomming limitatief is
- Productie,aan en verkoop,groot – en kleinhandel,import en export van elektrische en elektronische apparatuur en software.Dit voor zowel militaire doeleinden alsook voor de luchtvaart,ruimtevaart,medische en industriële wereld en met betrekking tot groene energie
- Productie,aan en verkoop,groot – en kleinhandel,import en export van diverse composieten,dit in diverse materialen zoals metaal,hout,carbon…Dit voor zowel militaire doeleinden alsook voor de luchtvaart,ruimtevaart,medische en industriële wereld en met betrekking tot groene energie
- Ontwerp,productie en verkoop van elektronische muziekinstrumenten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- B & A ENGINEERING
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “TITEL V. BESTUUR - CONTROLE Artikel 13. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking, natuurlijke personen of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)“Algemene kosten los van representatie reis en verplaatsingskosten, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, Artikel 7” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meerdere kopers,ook bij weigering…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of June at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffenaars, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)