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Beta Engineering

Active Private limited companyfounded 2010active for 16 yearsKapelsestraat 260, 2950 KapellenKBO/BCE: BE 0829.383.157

Lifetime

15 annual accounts with figures on one time axis
peak €44,479 (2011)
-€56,638▼ €74,522
lowest -€66,331 (2025)
-€66,331▼ €72,397
peak €28,403 (2014)
-€51,169▼ €66,331
€74,878▲ 301%
Board1 name since 2010
Documentsfilings and deeds
24-09-202655 days late
2025micro format
Gross margin from €17,885 to -€56,638Loss of €66,331Registered office moved from Brecht to Kapellen 11-12Equity from €15,162 to -€51,169Debts from €18,665 to €74,878

Key points

from the 2025 annual accounts

Overdue debts

€4,613 on 31-12-2025

The annual accounts state €4,613 of overdue tax debts on 31-12-2025.

Equity

-€51,169
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

-€66,331 -€66,331
€6,0702024-€66,3002025

From profit to loss in 2025, after a profit of €6,066 in 2024.

Debts

€74,878 316% of the balance sheet
Suppliers 6%Taxes and wages 22%Other 72%

Of this, €73,203 falls due within a year.

Liquidity

0.25 was 1.57 in 2024

Short-term debts rose from €18,602 to €73,203.

Position in the sector

-215.8%

Lower solvency than 95% of companies in real estate. Sector median 28.9% · 17,194 companies.

2025 accounts filed 55 days after the deadlineTurnover not published (micro format)

Checked score

49
Fair
Financially stronger than 5% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.2%▼ -0.2 percentage points vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.5%▲ +0.3 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026 09-2026: 1.4%▲ +0.3 percentage points vs 08-2026 10-2026: 2.5%▲ +1.1 percentage points vs 09-2026highest value 11-2026: 2.5%● unchanged vs 10-2026highest value

Financial strength
Weak

0-70equity -215.8% of total assets
10-21short-term debt 308.8% · cash 8.0%
0-91return on assets -279.8%

Score breakdown

raises risk
1 change of registered office in 24 months
Loss of €66,331 (financial year 2025)
Negative equity -€51,169
lowers risk
Size: total assets €23,709
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 68, micro). It does better than 5% of them on solvency, 11% on liquidity, 4% on profitability and 2% on growth.

The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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).

Comparable companies, two years later

In July 2024, 6,907 companies had the same profile as Beta Engineering has now. Each dot stands for 18 companies, two years later.

85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Beta Engineering itself: 2.5% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,907 companies, not a prediction for Beta 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.

Credit verdict

No credit on open account

Liquidity is insufficient, with a current ratio of 0.25 (1.57 in 2024), below 1. Short-term debt is 308.8% and cash 8% of total assets. Equity is negative.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €23,709
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €66,331 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€51,169
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€51,169
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
55 days late
2024
77 days early
2023
5 days early
2022
18 days early
2021
38 days early
2020
38 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (4 of the last 5 accounts filed within 59 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DM
Director, since 20-09-2010
Board & ownership

Recent changes

Registered office moved from Brecht to Kapellen New registered office: Kapelsestraat 260, 2950 Kapellen · Previous registered office: Sparrenlaan 15, 2960 Brecht · General meeting of 23-11-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0829383157
Resignation: DEGROOTE Mark Albert (manager) Reappointment: DEGROOTE Mark Albert (director) · “als hierna opgenomen in artikel 3 van de statuten” (deed in Dutch) · Director discharge: DEGROOTE Mark Albert · General meeting of 08-11-2023 · Gazette deed
Registered office moved from Brasschaat to Brecht New registered office: Sparrenlaan 15, 2960 Brecht · Previous registered office: Jacobuslei 123, 2930 Brasschaat, België · General meeting of 06-07-2021 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
Beta Engineering Kapellen €23,709 -€56,638 -215.8% -
BCL Projects Antwerp €22,239 -€11,960 82.0% -
ELTO Deinze €24,562 -€12,782 -162.2% -
DE WOONFABRIEK Beernem €26,068 -€3,707 90.0% -
DENDER DEVELOPMENT Waregem €25,468 -€4,594 83.2% -
M & D Construct Ghent €21,146 -€7,124 96.8% -
KDP Futuro Herzele €19,809 €396 -2540.9% -

These companies have the same main activity as Beta Engineering: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €19,800 and €26,100, founded between 2008 and 2012.

Official details

Source: KBO
Status
Active since 20-09-2010Normal situation
Activity
Development of residential building projectsNACE 68121and 7 others
Establishment unit
2.191.653.4342950 Kapellen, since 27-09-2010
Financial year end
31 December
Peppol
Reachable since 24-11-2025
Company details

Annual accounts 2025

€23,709▼ 29.9%
Filing
Filed on 24-09-2026
Financials

Insights on Beta Engineering

Beta Engineering files the micro format. That format states no turnover. The gross margin fell from €44,479 in 2011 to -€56,638 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Beta Engineering

What is the company number of Beta Engineering?
The company number of Beta Engineering is 0829.383.157. The VAT number is the same number with BE in front: BE 0829.383.157.
Where is Beta Engineering based?
The registered office is at Kapelsestraat 260, 2950 Kapellen.Company details
What does Beta Engineering do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of Beta Engineering?
Beta Engineering is a private limited company (BV).
When was Beta Engineering founded?
Beta Engineering was founded on 20-09-2010.
Is Beta Engineering still active?
Yes, Beta Engineering is an active enterprise in the KBO register.
What is the turnover of Beta Engineering?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Beta Engineering profitable?
In financial year 2025, Beta Engineering made a loss of €66,331.
Where can I find the annual accounts of Beta Engineering?
Beta Engineering filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Beta Engineering due?
Beta Engineering must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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