Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 35% of them on solvency, 40% on liquidity, 88% on profitability and 99% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.
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).
In July 2024, 39,278 companies had the same profile as Based Engineering has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Based Engineering itself is lower: 0.3% within 12 months. It rests on far more data about Based Engineering than the profile alone.
The method was tested on the 497,447 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 39,278 companies, not a prediction for Based 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.
Liquidity is ample, with a current ratio of 2.13, above the usual 1.5. Short-term debt is 26.1% and cash 11.9% of total assets. However, 64% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 15 days before 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.
| Company | ||||
|---|---|---|---|---|
| Based Engineering Steenokkerzeel | €80,506 | €51,228 | 36.0% | - |
| Manage & Build Tervuren | €75,506 | €58,885 | 50.0% | - |
| GO4PA consult Boortmeerbeek | €87,018 | €47,644 | 69.3% | - |
| SANNEN ENGINEERING Herent | €74,606 | €60,957 | 67.0% | - |
| VAN EYCK CONSULTING Grez-Doiceau | €79,080 | €51,515 | 31.9% | - |
| HOLVOET SERVICES Zwevegem | €82,490 | €48,212 | 34.3% | - |
| EVARYS Schaerbeek | €82,706 | €46,600 | 43.8% | - |
These companies have the same main activity as Based Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €74,600 and €87,000, founded in 2024.
Based Engineering has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,990 and a net result of €27,351.
Its solvency ranks better than 34% of 11,794 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €84,000 and €150,000.
Higher than 34% of 11,794 companies in 2025.
Higher than 51% of 11,521 companies in 2025.
Higher than 82% of 11,605 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
80,506 | 4,817 | |
21/28 |
35,642 | - | |
22/27 |
35,642 | - | |
24 |
35,642 | - | |
29/58 |
44,863 | 4,817 | |
40/41 |
33,819 | 2,257 | |
40 |
33,819 | 1,948 | |
41 |
0 | 310 | |
54/58 |
9,607 | 1,558 | |
490/1 |
1,437 | 1,002 | |
| Balance sheet: equity and liabilities | |||
10/49 |
80,506 | 4,817 | |
10/15 |
28,990 | 1,640 | |
10/11 |
1,000 | 1,000 | |
13 |
27,990 | 640 | |
133 |
27,990 | 640 | |
17/49 |
51,515 | 3,177 | |
17 |
30,490 | - | |
170/4 |
30,490 | - | |
42/48 |
21,025 | 3,177 | |
42 |
8,444 | - | |
44 |
443 | 647 | |
440/4 |
443 | 647 | |
45 |
10,076 | 240 | |
450/3 |
10,076 | 240 | |
47/48 |
2,062 | 2,290 | |
| Income statement | |||
9900 |
51,228 | 879 | |
630 |
11,076 | - | |
640/8 |
238 | - | |
9901 |
39,914 | 879 | |
65/66B |
1,590 | - | |
65 |
1,590 | - | |
9903 |
38,324 | 879 | |
67/77 |
10,973 | 240 | |
9904 |
27,351 | 640 | |
9905 |
27,351 | 640 | |
| Appropriation of the result | |||
9906 |
27,351 | 640 | |
691/2 |
27,351 | 640 | |
6921 |
27,351 | 640 | |
| Document | |||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 08-04-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 50,990 | - | ||
| 38,427 | - | ||
| 46,719 | - | ||
| 8,049 | - | ||
| 23,838 | 1,640 | ||
| 36.0% | - | ||
| 2.13 | - | ||
| 1.78 | - | ||
| 94.3% | - | ||
| 34.0% | - | ||
| 32.07 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 |
|---|---|---|
| Tangible fixed assets | €46,719 | - |
| €11,076 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is over 45 times that of 2024.
Debt's share of the balance-sheet total falls from 66.0% to 64.0%. Equity and debt are higher.
Based Engineering has no parent and no holdings in its annual accounts. VAN WEERT Toon is the only director. Based Engineering shares no director with another company.
Deadline for the 2026 accounts: 30-04-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Based Engineering was incorporated on 22 August 2024 as a private limited company by one natural person, with a starting capital of €1,000.12 Since 2024, VAN WEERT Toon has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Breemstraat 45 registered office 1820 Steenokkerzeel | 22-08-2024 | 2.362.756.583 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23065A0434/00G000 | 905 m² | 1 · 121 m² | 9.9 m · 1 |
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