Beta Engineering
ActiveSummary
Beta Engineering has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15k and a net result of €6k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability91▼-9
Solvency70▲+18
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.25 in 2023; short-term debt: 55% and cash: 7.2% of total assets), but 55.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.8%
Return on assets
17.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
5 d early
2022
18 d early
2021
38 d early
2020
38 d early
2019
50 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€15k▲ 66.7%
2023 · €9k
2018: €15k
2019: €9k▼ -38.1% vs 2018
2020: €12k▲ +37.1% vs 2019
2021: €8k▼ -38.9% vs 2020
2022: €-25k▼ -434% vs 2021lowest in 7 years
2023: €9k▲ +136% vs 2022
2024: €15k▲ +66.7% vs 2023highest in 7 years
2018 → 2024
Total assets
€34k▲ 1.3%
2023 · €33k
2018: €60khighest in 7 years
2019: €37k▼ -37.9% vs 2018
2020: €31k▼ -15.7% vs 2019
2021: €21k▼ -34.2% vs 2020
2022: €11k▼ -45.0% vs 2021lowest in 7 years
2023: €33k▲ +195% vs 2022
2024: €34k▲ +1.3% vs 2023
2018 → 2024
Net result
€6k▼ 82.3%
2023 · €34k
2018: €-2k
2019: €-18k▼ -986% vs 2018
2020: €3k▲ +119% vs 2019
2021: €-5k▼ -244% vs 2020
2022: €-33k▼ -582% vs 2021lowest in 7 years
2023: €34k▲ +205% vs 2022highest in 7 years
2024: €6k▼ -82.3% vs 2023
2018 → 2024
Working capital
€11k▲ 70.2%
2023 · €6k
2018: €13khighest in 7 years
2019: €8k▼ -40.3% vs 2018
2020: €11k▲ +42.5% vs 2019
2021: €6k▼ -48.7% vs 2020
2022: €-26k▼ -570% vs 2021lowest in 7 years
2023: €6k▲ +124% vs 2022
2024: €11k▲ +70.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€8k▼ 38.9%€-25k€9k€15k▲ 66.7%
2020: €12k
2021: €8k▼ -38.9% vs 2020
2022: €-25k▼ -434% vs 2021lowest in 5 years
2023: €9k▲ +136% vs 2022
2024: €15k▲ +66.7% vs 2023highest in 5 years
Operating result€3k-€-2k€-31k▼ 1,554%€40k€12k▼ 69.9%
2020: €3k
2021: €-2k▼ -176% vs 2020
2022: €-31k▼ -1554% vs 2021lowest in 5 years
2023: €40k▲ +227% vs 2022highest in 5 years
2024: €12k▼ -69.9% vs 2023
Net result€3k-€-5k€-33k▼ 582%€34k€6k▼ 82.3%
2020: €3k
2021: €-5k▼ -244% vs 2020
2022: €-33k▼ -582% vs 2021lowest in 5 years
2023: €34k▲ +205% vs 2022highest in 5 years
2024: €6k▼ -82.3% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 70% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €34k
Fixed assets
€5k ▲ 61.5%
Current assets
€29k ▼ 4.5%
Equity and liabilities €34k
Equity
€15k ▲ 66.7%
Debt
€19k ▼ 23.2%
Debt's share of the balance-sheet total falls from 72.8% to 55.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▼
2023 · €41k
Cash flow
€8k▼
2023 · €35k
Current ratio
1.57▲
2023 · 1.25
Debt to equity
1.23▼
2023 · 2.67
ROE
40.0%▼
2023 · 377.6%
ROA
17.9%▼
2023 · 102.8%
Interest coverage
13.37▼
2023 · 20.80
Debt ≤ 1 year
€19k▼
2023 · €24k
Income taxes
€6k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€33k€34k▲
Fixed assets21/28€3k€5k▲
Tangible fixed assets22/27€2k€4k▲
Plant, machinery and equipment23€2k€3k▲
Other tangible fixed assets26€357€238▼
Financial fixed assets28€500€1k▲
Current assets29/58€30k€29k▼
Amounts receivable within one year40/41€30k€27k▼
Trade receivables40€17k€13k▼
Other amounts receivable41€13k€14k▲
Cash at bank and in hand54/58€0€2k▲
Deferred charges and accrued income490/1€419€146▼
Equity and liabilities
Total equity and liabilities10/49€33k€34k▲
Equity10/15€9k€15k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-9k€-3k▲
Amounts payable17/49€24k€19k▼
Amounts payable within one year42/48€24k€19k▼
Financial debts43€6k-
Credit institutions430/8€6k-
Trade debts44€13k€8k▼
Suppliers440/4€13k€8k▼
Taxes, remuneration and social security45€5k€10k▲
Taxes450/3€5k€10k▲
Accrued charges and deferred income492/3-€63
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€860€2k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€44k€18k▼
Operating profit (loss)9901€40k€12k▼
Financial income75/76B€722€801▲
Recurring financial income75€722€801▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€39k€12k▼
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€34k€6k▼
Profit (loss) for the period to be appropriated9905€34k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-3k▲
Profit (loss) brought forward from the previous period14P€-46k€-9k▲
Transfer from equity791/2€2k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €398 | €571 | €438 | €860 | €2k | ▲ 98.7% |
| Other operating charges640/8 | - | €4k | €9k | €3k | €4k | ▲ 52.5% |
| Gross operating margin9900 | €4k | €2k | €-22k | €44k | €18k | ▼ 59.0% |
| Operating profit (loss)9901 | €3k | €-2k | €-31k | €40k | €12k | ▼ 69.9% |
| Financial income75/76B | - | - | €146 | €722 | €801 | ▲ 10.8% |
| Recurring financial income75 | €3k | - | €146 | €722 | €801 | ▲ 10.8% |
| Financial charges65/66B | - | €3k | €1k | €2k | €1k | ▼ 47.7% |
| Recurring financial charges65 | €2k | €3k | €1k | €2k | €1k | ▼ 47.7% |
| Profit (loss) for the period before taxes9903 | €3k | €-5k | €-33k | €39k | €12k | ▼ 69.5% |
| Income taxes67/77 | - | - | - | €5k | €6k | ▲ 27.8% |
| Profit (loss) for the period9904 | €3k | €-5k | €-33k | €34k | €6k | ▼ 82.3% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-5k | €-33k | €34k | €6k | ▼ 82.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31k | €21k | €11k | €33k | €34k | ▲ 1.3% |
| Fixed assets21/28 | €1k | €2k | €3k | €3k | €5k | ▲ 61.5% |
| Tangible fixed assets22/27 | €993 | €1k | €2k | €2k | €4k | ▲ 47.3% |
| Plant, machinery and equipment23 | - | €878 | €2k | €2k | €3k | ▲ 61.3% |
| Other tangible fixed assets26 | - | €596 | €476 | €357 | €238 | ▼ 33.3% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €1k | ▲ 130% |
| Current assets29/58 | €30k | €19k | €9k | €30k | €29k | ▼ 4.5% |
| Stocks and contracts in progress3 | €2k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €28k | €12k | €8k | €30k | €27k | ▼ 11.8% |
| Trade receivables40 | - | €10k | €8k | €17k | €13k | ▼ 27.5% |
| Other amounts receivable41 | - | €1k | €30 | €13k | €14k | ▲ 9.4% |
| Cash at bank and in hand54/58 | €100 | €4k | €508 | €0 | €2k | - |
| Deferred charges and accrued income490/1 | - | €3k | €105 | €419 | €146 | ▼ 65.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31k | €21k | €11k | €33k | €34k | ▲ 1.3% |
| Equity10/15 | €12k | €8k | €-25k | €9k | €15k | ▲ 66.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | - | - | - |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Profit (loss) carried forward14 | €-8k | €-13k | €-46k | €-9k | €-3k | ▲ 64.2% |
| Amounts payable17/49 | €19k | €13k | €37k | €24k | €19k | ▼ 23.2% |
| Amounts payable within one year42/48 | €19k | €13k | €35k | €24k | €19k | ▼ 23.4% |
| Financial debts43 | - | - | €5k | €6k | - | - |
| Credit institutions430/8 | - | - | €5k | €6k | - | - |
| Trade debts44 | €7k | €5k | €15k | €13k | €8k | ▼ 37.7% |
| Suppliers440/4 | - | €5k | €15k | €13k | €8k | ▼ 37.7% |
| Taxes, remuneration and social security45 | - | €8k | €665 | €5k | €10k | ▲ 119% |
| Taxes450/3 | - | €553 | €665 | €5k | €10k | ▲ 119% |
| Remuneration and social security454/9 | - | €8k | - | - | - | - |
| Other amounts payable47/48 | - | - | €14k | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €2k | - | €63 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-5k | €-33k | €34k | €6k | ▼ 82.3% |
| + Depreciation and write-downs630 | €398 | €571 | €438 | €860 | €2k | ▲ 98.7% |
| Operating cash flow (approximation) | €4k | €-4k | €-32k | €35k | €8k | ▼ 77.9% |
| Investment in fixed assets (approximation) | - | €-1k | €-1k | €-1k | €-3k | ▼ 182% |
| Change in cash | - | €4k | €-3k | €-508 | €2k | ▲ 581% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 1.25
Current ratio from 0.25 to 1.25; short-term debt falls from €35k to €24k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are 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, Kapellen · 1 establishment unit since 2010
Ground area
2,360 m²
Building footprint
105 m²
Volume, LiDAR
527 m³
Parcel 11023B0187/00N000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Beta Engineering
since 20102.191.653.434
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023B0187/00N000 | Flanders | 2,360 m² | 1 · 105 m² | 8.9 m · 2 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
HetKan
BE 0507.621.091
Kortenberg · Eq €15,166
MJT construct
BE 0781.690.633
Hasselt · Eq €15,149
J&L CONCEPT
BE 1005.655.319
Gistel · Eq €15,185
IMMOCLABEL
BE 0890.377.747
Namur · Eq €15,130
Pattinax
BE 0691.619.106
Deinze · Eq €15,238
Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 3,667 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
Founded20-09-2010
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
41003General construction of other non-residential buildings
68122Development of non-residential building projects
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
71111Activities of building architects
73300Public relations and communication consultancy
Contact
Phone
0476/630.578Kapellen
Scores and ratios are computed by Checked and are not a credit decision.