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BILT ENGINEERING

Active Private limited companyfounded 2024active for 2 yearsNoorwegenstraat 51, 9940 EvergemKBO/BCE: BE 1011.737.714

Lifetime

1 annual account with figures
peak €49,267 (2025)
€49,267 
lowest -€150 (2025)
-€150 
peak €12,850 (2025)
€12,850 
€26,015 
Board1 name since 2024
Documentsfilings and deeds
12-08-202612 days late
2025micro format
Loss of €150First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Position in the sector

€12,850

Less equity than 81% of companies in architecture and engineering. Sector median €63,879 · 11,799 companies.

2025 accounts filed 12 days after the deadline

Checked score

66
Healthy
Financially stronger than 19% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 08-2025: 0.5%lowest value 09-2025: 0.5%● unchanged vs 08-2025lowest value 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.6%▲ +0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.1 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026highest value 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026

Financial strength
Weak

58equity 33.1% of total assets
15short-term debt 66.9% · cash 0.2%
37return on assets -0.4%

Score breakdown

raises risk
Liquidity: current ratio 1.49, cash €70
Founded in 2024
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Figures for financial year 2025 (filed on 12-08-2026)
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 32% of them on solvency, 6% on liquidity and 17% on profitability.

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 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 2,145 companies had the same profile as BILT ENGINEERING has now. Each dot stands for 6 companies, two years later.

91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BILT ENGINEERING itself: 0.8% 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 2,145 companies, not a prediction for BILT 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

Credit of up to €500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.49, below the usual 1.5. Short-term debt is 66.9% and cash 0.2% of total assets. 66.9% of the assets are financed with debt and provisions.

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Liquidity: current ratio 1.49, cash €70
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 12-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 12 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
12 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

  • VAN DE WOESTYNE Tim 1,170 sharesdeed of 22-07-2024
  • FULA Bilal 130 sharesdeed of 22-07-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1011737714
Incorporation Founding capital of €13,000, 1,300 shares · Founders: VAN DE WOESTYNE Tim and FULA Bilal · Appointment: VAN DE WOESTYNE Tim (director) · published on 22-07-2024 · Gazette deed
First establishment Noorwegenstraat 51, Evergem
All 4 events

Comparable companies

same main activity, similar in size and age
Company
BILT ENGINEERING Evergem €38,865 €49,267 33.1% -
Tech-OPi Consult Rixensart €43,530 €45,998 74.3% -
JLG800 Braine-l'Alleud €45,772 €42,879 57.6% -
Bombus Ghent €51,731 €43,034 67.5% -
HEY consulting Wichelen €35,038 €32,396 72.9% -
HAN Engineering Temse €61,734 €45,427 71.3% -
T.A. Services Ghent €47,994 €33,660 53.6% -

These companies have the same main activity as BILT ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €35,000 and €61,700, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 18-07-2024Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
Establishment unit
2.362.492.4089940 Evergem, since 18-07-2024
Financial year end
31 December
Peppol
Reachable since 08-10-2025
Company details

Annual accounts 2025

€38,865
Filing
Filed on 12-08-2026
Financials

Insights on BILT ENGINEERING

BILT ENGINEERING has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,850 and a net result of -€150.

Its solvency ranks better than 32% of 11,794 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

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 BILT ENGINEERING

What is the company number of BILT ENGINEERING?
The company number of BILT ENGINEERING is 1011.737.714. The VAT number is the same number with BE in front: BE 1011.737.714.
Where is BILT ENGINEERING based?
The registered office is at Noorwegenstraat 51, 9940 Evergem.Company details
What does BILT ENGINEERING do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of BILT ENGINEERING?
BILT ENGINEERING is a private limited company (BV).
When was BILT ENGINEERING founded?
BILT ENGINEERING was founded on 18-07-2024.
Is BILT ENGINEERING still active?
Yes, BILT ENGINEERING is an active enterprise in the KBO register.
What is the turnover of BILT ENGINEERING?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €49,267 and 32 comparable companies (NACE 71121). It probably lies between €98,000 and €200,000.Financials
Is BILT ENGINEERING profitable?
In financial year 2025, BILT ENGINEERING made a loss of €150.
Where can I find the annual accounts of BILT ENGINEERING?
BILT ENGINEERING filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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