BELGIAN RENDERING ENGINEERING
ActiveSummary
BELGIAN RENDERING ENGINEERING has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256,224 and a net result of €29,718. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 46% of 462 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 2.7 FTE
- Equity
- €256,224
- Profit
- €29,718
Why 94raises riskSector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskSize: total assets €560,245Founded in 2003Figures for financial year 2025 (filed 06-02-2026)Show the evidence
Checked score
Fewer than 1 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 28, micro): better than 49% on solvency, 34% on liquidity, 54% on profitability and 69% on growth.
The bankruptcy probability was computed on 25-10-2026 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 1 day before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Resignation: Erik Devos (director)Gazette deed
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €29,718
Financials · financial year 2025, micro format
2025 annual accounts filed late (6 days) Filed on 6 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00034358.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 23 times 2024.
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.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 28, Manufacture of machinery and equipment not elsewhere classified: 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), Staff (FTE).
Peer companies
Historical observationOf the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,475 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% | 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% |
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 31,373 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €107,248 | €142,403 | €191,919 | €171,341 | ▼ 10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,716 | €23,718 | €21,607 | €20,780 | €20,197 | €34,235 | €37,205 | ▲ 8.7% |
| Other operating charges640/8 | - | - | - | €5,480 | €7,127 | €7,746 | €2,194 | ▼ 71.7% |
| Gross operating margin9900 | €270,058 | €33,824 | €158,831 | €212,181 | €242,206 | €235,871 | €256,295 | ▲ 8.7% |
| Operating profit (loss)9901 | €120,435 | -€74,195 | €44,458 | €78,672 | €72,479 | €1,971 | €45,555 | ▲ 23× |
| Financial income75/76B | - | - | - | €4,385 | €3,557 | €3,555 | €9,220 | ▲ 159% |
| Recurring financial income75 | €9,487 | €7,211 | €10,147 | €4,385 | €3,557 | €3,555 | €9,220 | ▲ 159% |
| Financial charges65/66B | - | - | - | €4,510 | €12,816 | €14,334 | €13,908 | ▼ 3.0% |
| Recurring financial charges65 | €9,079 | €5,857 | €5,191 | €4,510 | €12,816 | €14,334 | €13,908 | ▼ 3.0% |
| Profit (loss) for the period before taxes9903 | €120,843 | -€72,841 | €49,414 | €78,547 | €63,220 | -€8,808 | €40,868 | - |
| Income taxes67/77 | €19,796 | €455 | €4,492 | €19,322 | €19,349 | €643 | €11,149 | ▲ 17× |
| Profit (loss) for the period9904 | €101,047 | -€73,296 | €44,922 | €59,224 | €43,871 | -€9,450 | €29,718 | - |
| Profit (loss) for the period to be appropriated9905 | €101,047 | -€73,296 | €44,922 | €59,224 | €43,871 | -€9,450 | €29,718 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €483,995 | €349,769 | €243,348 | €478,912 | €650,443 | €516,821 | €560,245 | ▲ 8.4% |
| Fixed assets21/28 | €57,613 | €41,443 | €29,851 | €43,155 | €123,150 | €139,612 | €106,326 | ▼ 23.8% |
| Intangible fixed assets21 | €2,460 | €6,128 | €12,082 | €9,018 | €5,955 | €2,891 | €1,121 | ▼ 61.2% |
| Tangible fixed assets22/27 | €54,316 | €34,478 | €16,931 | €33,299 | €116,358 | €135,883 | €104,367 | ▼ 23.2% |
| Plant, machinery and equipment23 | - | - | - | €26,025 | €20,287 | €18,004 | €15,529 | ▼ 13.7% |
| Furniture and vehicles24 | - | - | - | - | €3,473 | €44,233 | €34,142 | ▼ 22.8% |
| Leasing and similar rights25 | - | - | - | - | €69,926 | €54,306 | €38,686 | ▼ 28.8% |
| Other tangible fixed assets26 | - | - | - | €7,274 | €22,672 | €19,341 | €16,010 | ▼ 17.2% |
| Financial fixed assets28 | €838 | €838 | €838 | €838 | €838 | €838 | €838 | = |
| Current assets29/58 | €426,381 | €308,326 | €213,497 | €435,757 | €527,293 | €377,209 | €453,919 | ▲ 20.3% |
| Stocks and contracts in progress3 | - | - | - | - | €55,000 | €55,000 | €0 | ▼ 100% |
| Contracts in progress37 | - | - | - | - | €55,000 | €55,000 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €373,755 | €282,447 | €199,930 | €414,788 | €396,758 | €303,727 | €371,300 | ▲ 22.2% |
| Trade receivables40 | - | - | - | €206,756 | €235,621 | €93,856 | €173,707 | ▲ 85.1% |
| Other amounts receivable41 | - | - | - | €208,032 | €161,137 | €209,871 | €197,593 | ▼ 5.9% |
| Current investments50/53 | - | - | - | - | - | - | €9,000 | - |
| Cash at bank and in hand54/58 | €17 | €17 | €17 | €5,395 | €60,781 | €17 | €67,761 | ▲ 4,092× |
| Deferred charges and accrued income490/1 | - | - | - | €15,574 | €14,753 | €18,465 | €5,858 | ▼ 68.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €483,995 | €349,769 | €243,348 | €478,912 | €650,443 | €516,821 | €560,245 | ▲ 8.4% |
| Equity10/15 | €161,234 | €87,939 | €132,860 | €192,085 | €235,956 | €226,506 | €256,224 | ▲ 13.1% |
| Contributions10/11 | €7,500 | - | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Reserves13 | €128,346 | €128,346 | €173,268 | €232,492 | €276,363 | €276,363 | €276,363 | = |
| Non-distributable reserves130/1 | - | - | - | €1,875 | €1,875 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,875 | €1,875 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €75,424 | €75,424 | €75,424 | €75,424 | = |
| Distributable reserves133 | - | - | - | €155,193 | €199,065 | €200,940 | €200,940 | = |
| Profit (loss) carried forward14 | €25,388 | -€47,907 | -€47,907 | -€47,907 | -€47,907 | -€57,358 | -€27,640 | ▲ 51.8% |
| Amounts payable17/49 | €322,760 | €261,830 | €110,487 | €286,827 | €414,486 | €290,315 | €304,021 | ▲ 4.7% |
| Amounts payable after more than one year17 | €39,669 | €12,873 | €4,855 | €46,507 | €83,284 | €90,687 | €59,634 | ▼ 34.2% |
| Financial debts170/4 | - | - | - | €46,507 | €83,284 | €90,687 | €59,634 | ▼ 34.2% |
| Amounts payable within one year42/48 | €283,091 | €248,466 | €104,938 | €239,625 | €329,926 | €199,125 | €244,387 | ▲ 22.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €16,397 | €21,701 | €30,076 | €31,053 | ▲ 3.2% |
| Financial debts43 | - | - | - | €2,949 | €15,521 | €21,282 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €2,949 | €15,521 | €21,282 | €0 | ▼ 100% |
| Trade debts44 | €92,222 | €89,785 | €43,419 | €163,237 | €154,284 | €78,780 | €159,124 | ▲ 102% |
| Suppliers440/4 | - | - | - | €163,237 | €154,284 | €78,780 | €159,124 | ▲ 102% |
| Taxes, remuneration and social security45 | - | - | - | €57,043 | €138,419 | €68,988 | €54,209 | ▼ 21.4% |
| Taxes450/3 | - | - | - | €38,169 | €110,450 | €48,060 | €36,758 | ▼ 23.5% |
| Remuneration and social security454/9 | - | - | - | €18,874 | €27,970 | €20,928 | €17,452 | ▼ 16.6% |
| Accrued charges and deferred income492/3 | - | - | - | €695 | €1,277 | €502 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €101,047 | -€73,296 | €44,922 | €59,224 | €43,871 | -€9,450 | €29,718 | - |
| + Depreciation and write-downs630 | €25,716 | €23,718 | €21,607 | €20,780 | €20,197 | €34,235 | €37,205 | ▲ 8.7% |
| Operating cash flow (approximation) | €126,764 | -€49,578 | €66,529 | €80,005 | €64,068 | €24,784 | €66,923 | ▲ 170% |
| Investment in fixed assets (approximation) | - | -€7,548 | -€10,015 | -€34,085 | -€100,192 | -€50,697 | -€3,919 | ▲ 92.3% |
| Change in cash | - | €0 | €0 | €5,378 | €55,387 | -€60,765 | €67,744 | - |
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 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 06-02-2026 | 2026-00034358 |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00018398 |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00011629 |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00006143 |
| 30-06-2021 | micro format | 26-01-2022 | 2022-01800145 |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03200066 |
| 30-06-2019 | micro format | 28-01-2020 | 2020-02300234 |
| 30-06-2018 | micro format | 30-01-2019 | 2019-02800442 |
| 30-06-2017 | micro format | 30-01-2018 | 2018-02700169 |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-02700196 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DEVOS Olivier |
|
| Erik Devos |
|
Owners and capital
Capital and shareholders
- 18-04-2024 Converted to unavailable equity · €7,500
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-08
Gazette deed
Resignation: Erik Devos (director)2 facts ▸
- General meeting, 06-02-2026
- Director resignation, Erik Devos (director (not named in the articles))
18-04
Gazette deed
Resignations: DEVOS Erik (manager) and DEVOS Olivier (manager)Reappointments: DEVOS Erik (director) and DEVOS Olivier (director) · Amendment of the articles · Capital conversion13 facts ▸
- General meeting, 12-04-2024
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen en beschikbaar maken voor uitkering, vormen en meerderheden van de statutenwijziging” (deed in Dutch)
- Capital
- General meeting, “coördinatie statuten opmaken en ondertekenen in overeenstemming met vorig besluit en neerlegging in vennootschapsdossier verzorgen, VIERDE BESLUIT-Coördinatie” (deed in Dutch)
- Director resignation, DEVOS Erik (manager)
- Director resignation, DEVOS Olivier (manager)
- Director reappointment, DEVOS Erik (director (not named in the articles))
- Director reappointment, DEVOS Olivier (director (not named in the articles))
- Other provision, 03-04-2024
- Other provision, “uitoefening mandaat, kwijting ontslagnemende zaakvoerders” (deed in Dutch)
- +1 further fact in this act
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 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 26 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 |
|---|---|---|---|---|
| 36504D0696/00E002 | Flanders | 153 m² | 1 · 153 m² | 9.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De verkoop,de inkoop,de groothandel en handelsbemiddeling,de import-en export,en de vervaardiging van machines voor de verwerking van…” (deed in Dutch)
8 activities (deed in Dutch)
- De verkoop,de inkoop,de groothandel en handelsbemiddeling,de import-en export,en de vervaardiging van machines voor de verwerking van slachtafvallen en–krengen,voor de bewerking van natuurlijke darmen
- De vervaardiging van transportbanden,kabelbanen,vloeistofelevatoren,enzoverder
- De vervaardiging van machines voor de verwerking van afval
- De vervaardiging van hijs-,hef-,en transportwerktuigen
- De vervaardiging van machines voor algemeen verbruik
- De groothandel en handelsbemiddeling in diverse machines en uitrusting voor de nijverheid
- De uitwerking en de realisatie van projecten op het gebied van de elektriciteit en elektronica,machine-en werktuigbouw,industriële systeemontwikkeling en slachtafval
- De industriële vormgeving
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BELGIAN RENDERING ENGINEERING
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bij enkel besluit van het bestuursorgaan, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur,onbepaalde duur bij gebrek aan bepaling, Artikel 11.Bestuursorgaan” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of December
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)