BART VANASSCHE ENGINEERING
ActiveSummary
BART VANASSCHE ENGINEERING has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €188,241. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 84% of 11,783 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-10-2007 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121
- Establishment unit
- 2.166.010.295 8980 Zonnebeke, since 02-10-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €277,536
- ▼ 27.1%
- Turnover
- ≈ €720,000
- estimated
- Profit
- €188,241
- ▼ 16.7%
- Equity
- €1.1m
- ▲ 10.2%
- Total assets
- €1.3m
- ▲ 8.1%
- 2025 accounts filed 55 days after the deadline
Score breakdownraises riskLast filed accounts filed 55 days late; 1 of the last 3 accounts latelowers riskSize: total assets €1.3mEquity €1.1m (84.5% of total assets)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 87% of them on solvency, 45% on liquidity, 60% on profitability and 57% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 23 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 55 days after the deadline Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00527607.
Annual accounts 2025 filed on 24-09-2026 at the NBB all 18 filings
Every figure per financial year
The operating result for 2025 is 33% lower than in 2024 and the lowest since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 |
| Carrying value of the mortgaged assets | €323,318 | €346,619 | €324,289 | €298,013 | €332,514 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,504 | €66,548 | €3,807 | €9,299 | €1,734 |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €44,241 | €43,224 | €47,867 | €47,636 | €48,525 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €10,959 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,752 | €43,460 | €43,364 | €44,241 | €43,224 | €47,867 | €47,636 | €48,525 | ▲ 1.9% |
| Other operating charges640/8 | - | - | - | €5,295 | €5,244 | €5,713 | €6,478 | €9,549 | ▲ 47.4% |
| Gross operating margin9900 | €163,794 | €189,091 | €185,673 | €253,812 | €294,862 | €314,225 | €380,638 | €277,536 | ▼ 27.1% |
| Operating profit (loss)9901 | €105,092 | €141,933 | €137,832 | €204,276 | €246,394 | €260,644 | €326,523 | €219,462 | ▼ 32.8% |
| Financial income75/76B | - | - | - | €648 | €6,275 | €4,767 | €15,714 | €48,402 | ▲ 208% |
| Recurring financial income75 | - | €0 | €0 | €648 | €6,275 | €4,767 | €15,714 | €48,402 | ▲ 208% |
| Financial charges65/66B | - | - | - | €10,612 | €3,580 | €3,543 | €3,387 | €3,852 | ▲ 13.7% |
| Recurring financial charges65 | €9,886 | €9,149 | €8,744 | €10,612 | €3,580 | €3,543 | €3,387 | €3,852 | ▲ 13.7% |
| Profit (loss) for the period before taxes9903 | €95,205 | €132,784 | €129,087 | €194,311 | €249,090 | €261,868 | €338,851 | €264,011 | ▼ 22.1% |
| Income taxes67/77 | €22,106 | €44,950 | €38,616 | €58,691 | €75,010 | €79,195 | €112,864 | €75,770 | ▼ 32.9% |
| Profit (loss) for the period9904 | €73,100 | €87,834 | €90,471 | €135,620 | €174,080 | €182,672 | €225,987 | €188,241 | ▼ 16.7% |
| Profit (loss) for the period to be appropriated9905 | €72,999 | €87,734 | €90,471 | €135,620 | €174,080 | €182,672 | €225,987 | €188,241 | ▼ 16.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €0.8m | €0.8m | €0.9m | €1.0m | €1.0m | €1.2m | €1.3m | ▲ 8.1% |
| Fixed assets21/28 | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | €0.4m | ▼ 11.4% |
| Tangible fixed assets22/27 | €0.6m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | €0.4m | ▼ 11.5% |
| Land and buildings22 | - | - | - | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 9.0% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.005m | €0.004m | €0.006m | €0.004m | ▼ 35.3% |
| Furniture and vehicles24 | - | - | - | €0.005m | €0.06m | €0.04m | €0.04m | €0.03m | ▼ 32.2% |
| Other tangible fixed assets26 | - | - | - | €0.008m | - | - | - | - | - |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €0.07m | €0.2m | €0.3m | €0.4m | €0.5m | €0.6m | €0.8m | €0.9m | ▲ 18.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.05m | €0 | - | - | - |
| Trade receivables290 | - | - | - | - | €0.05m | €0 | - | - | - |
| Amounts receivable within one year40/41 | €0.05m | €0.05m | €0.01m | €0.002m | €0.02m | €0.04m | €0.03m | €0.2m | ▲ 548% |
| Trade receivables40 | - | - | - | €0.002m | €0.02m | €0.04m | €0.03m | €0.08m | ▲ 192% |
| Other amounts receivable41 | - | - | - | €17 | €36 | €0.001m | €0.004m | €0.1m | ▲ 28× |
| Current investments50/53 | - | €0.008m | €0.03m | €0.07m | €0.3m | €0.5m | €0.7m | €0.6m | ▼ 13.0% |
| Cash at bank and in hand54/58 | €0.01m | €0.1m | €0.3m | €0.4m | €0.1m | €0.03m | €0.02m | €0.09m | ▲ 416% |
| Deferred charges and accrued income490/1 | - | - | - | €148 | €0.001m | €0.002m | €0.002m | €0.006m | ▲ 239% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €0.8m | €0.8m | €0.9m | €1.0m | €1.0m | €1.2m | €1.3m | ▲ 8.1% |
| Equity10/15 | €0.4m | €0.5m | €0.5m | €0.6m | €0.7m | €0.8m | €1.0m | €1.1m | ▲ 10.2% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.3m | €0.4m | €0.5m | €0.5m | €0.6m | €0.7m | €0.9m | €1.0m | ▲ 11.2% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €200 | €200 | €200 | €200 | €200 | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.6m | €0.7m | €0.9m | €1.0m | ▲ 11.2% |
| Profit (loss) carried forward14 | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Amounts payable17/49 | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 1.9% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 15.9% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 15.9% |
| Amounts payable within one year42/48 | €0.05m | €0.08m | €0.09m | €0.08m | €0.08m | €0.06m | €0.07m | €0.09m | ▲ 23.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 1.3% |
| Financial debts43 | - | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 27.2% |
| Credit institutions430/8 | - | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 27.2% |
| Trade debts44 | €0.01m | €0.01m | €0.003m | €0.004m | €0.007m | €0.009m | €0.01m | €0.02m | ▲ 101% |
| Suppliers440/4 | - | - | - | €0.004m | €0.007m | €0.009m | €0.01m | €0.02m | ▲ 101% |
| Advances received on contracts in progress46 | - | - | - | €0.007m | €0.007m | €0.007m | €0.008m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.04m | €0.02m | €0.04m | €0.04m | ▲ 16.8% |
| Taxes450/3 | - | - | - | €0.04m | €0.04m | €0.02m | €0.04m | €0.04m | ▲ 16.8% |
| Other amounts payable47/48 | - | - | - | €0.01m | €0.009m | €0 | - | €0.009m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.003m | €0.003m | €0.004m | €0.002m | ▼ 43.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €73,100 | €87,834 | €90,471 | €135,620 | €174,080 | €182,672 | €225,987 | €188,241 | ▼ 16.7% |
| + Depreciation and write-downs630 | €45,752 | €43,460 | €43,364 | €44,241 | €43,224 | €47,867 | €47,636 | €48,525 | ▲ 1.9% |
| Operating cash flow (approximation) | €118,851 | €131,294 | €133,835 | €179,861 | €217,303 | €230,539 | €273,623 | €236,766 | ▼ 13.5% |
| Investment in fixed assets (approximation) | - | €950 | -€2,318 | -€3,504 | -€66,548 | -€3,807 | -€9,299 | -€1,734 | ▲ 81.4% |
| Change in cash | - | €130,777 | €134,705 | €78,917 | -€251,550 | -€79,746 | -€9,852 | €69,181 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as BART VANASSCHE ENGINEERING has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of BART VANASSCHE ENGINEERING itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for BART VANASSCHE ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-09-2026 | 2026-00527607 | |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00416151 | |
| 31-12-2023 | micro format | 26-08-2024 | 2024-00370860 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00404366 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20383271 | |
| 31-12-2020 | micro format | 16-06-2021 | 2021-21100494 | |
| 31-12-2019 | micro format | 10-09-2020 | 2020-52400311 | |
| 31-12-2018 | micro format | 01-07-2019 | 2019-28100107 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-60100132 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-58300584 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
BART VANASSCHE ENGINEERING shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of BART VANASSCHE ENGINEERING. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
03-01
Gazette deed
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments“De vennootschap mag geenszins aan vermogensbeheer of beleggingsadvies doen als bedoeld in de wetten en…” (deed in Dutch)3 points ▸
- General meeting, 17-11-2023
- Registered office clause, Berg 6, 8980 Zonnebeke (Beselare)
- Power of attorney, Daphné Verbauwhede
- The deed holds 5 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
24 activities
- Het verlenen van diensten zoals engineering,ontwikkeling en consultancy in de meest ruime zin van het woord.
- Het verlenen van diensten op het vlak van intellectuele of industriële eigendommen zoals merken,octrooien,modellen,copyrightbescherming,…
- Installaties van allerhande technische installaties.
- Alle handelingen in verband met het beheer van vennootschappen en natuurlijke personen,het advies en de opleiding van vennootschappen en natuurlijke personen op het vlak van marketing,management,verkoopspolitiek,administratie en secretariaat.Het verlenen van secretariaatsdiensten,het vertrekken van allerhande diensten met uitzondering van gereglementeerde diensten.
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten ondernemingen(waaronder begrepen rechtspersonen,vennootschappen,…),het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in ondernemingen waarin zij al of niet een participatie aanhoudt;
- Het toestaan van leningen en kredietopeningen aan ondernemingen of particulieren,onder om het even welke vorm.In dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,en alle handels-en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen;
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard.Dit in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen.Bijstand en diensten verlenen,rechtstreeks of onrechtstreeks,op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur;
- Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies;
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa;
- Het verlenen van administratieve prestaties;
- De aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ‘t kort tussenpersoon in de handel;en
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen.Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen.De aan-en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
- De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen.
- De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp.
- Bovenvermelde opsomming is niet beperkend,zodat de vennootschap alle handelingen kan stellen,die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp.
- De vennootschap mag haar voorwerp verwezenlijken zowel in België als in het buitenland,op alle wijzen en manieren,die zij het best geschikt zou achten.
- De vennootschap mag geenszins aan vermogensbeheer of beleggingsadvies doen als bedoeld in de wetten en koninklijke besluiten terzake.
- De vennootschap zal zich dienen te onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen,voor zover de vennootschap zelf niet aan deze bepalingen voldoet.
- 1.Specifieke activiteiten
- 2.Algemene activiteiten
- 3.Beheer van een eigen roerend en onroerend vermogen
- 4.Bijzondere bepalingen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 33001E0439/00X000 | Flanders | 1,550 m² | 1 · 187 m² | 6.2 m · 2 |