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BILT ENGINEERING

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

Overview

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.

Credit check for an amount and term of your choice

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.

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

€49,267
€150
€12,850
€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.

Financials

Annual accounts 2025

micro format, filed on 12-08-2026, 12 days late
€49,267
€585
-€150
€12,850
33.1%
1.49

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 ≈ €150,000. Estimated: probably between €98,000 and €200,000.

Balance sheet

balance sheet total €38,865 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

33.1%

Higher than 32% of 11,794 companies in 2025.

1.49

Higher than 37% of 11,521 companies in 2025.

-0.4%

Higher than 19% of 11,605 companies in 2025.

BILT ENGINEERING Middle half of the sector 80% of the sector Micro accounts in architecture and engineering (NACE 71)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 38,865
29/58 38,865
40/41 38,795
40 38,795
54/58 70
Balance sheet: equity and liabilities
10/49 38,865
10/15 12,850
10/11 13,000
14 -150
17/49 26,015
42/48 26,015
44 5,015
440/4 5,015
45 6,900
450/3 6,650
454/9 250
47/48 14,100
Income statement
9900 49,267
62 47,587
640/8 1,095
9901 585
65/66B 63
65 63
9903 522
67/77 672
9904 -150
9905 -150
Appropriation of the result
9906 -150
Document PDF

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 12-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 12 days after the deadline. Filed on 12 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00394406.

Financial year Type Filed Reference Document
31-12-2025 micro format 12-08-2026 2026-00394406 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
12,850
33.1%
1.49
2.02
-1.2%
-0.4%

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.

Insights on BILT ENGINEERING

Debt's share of the balance-sheet total is 66.9%.

Board & ownership

Board

1 director, since incorporation
Director
appointed by deed of 22-07-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 12-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 22-07-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Board
Mandates as a list
  • VAN DE WOESTYNE Tim
    • Director, appointed by deed of 22-07-2024, still in office

See the board, name and registered office on a given date →

Control

Founders
This company
BILT ENGINEERING
Equity €12,850
Loss €150 in 2025

Capital

Contribution
€13,000
Shares
1,300
Contribution per share
€10
Equity per share
€9.88 in 2025
Source
deed of 22-07-2024

Articles of association

deed of 22-07-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Bestuursorgaan, algemene vergadering bepaalt aantal,duur,bevoegdheid bij meerdere”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 10:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 22-07-2024 ↗

Network & group

No group

BILT ENGINEERING has no parent and no holdings in its annual accounts. VAN DE WOESTYNE Tim is the only director. BILT ENGINEERING shares no director with another company.

At the same address

Noorwegenstraat 51, 9940 Evergem · 8 other companies
FSI
registered office since 01-01-1983 · founded in 1983
3.5 FTE (2026)
0423.697.978
THIBAULT VAN RENNE
registered office since 12-09-2008 · founded in 2008
total assets €930,449 (2025)
0806.530.749
WALL CONNECT
registered office since 15-09-2022 · founded in 2022
6.1 FTE (2025)
0790.830.211
Xolid Engineering
establishment since 09-03-2015 · founded in 2015
total assets €587,867 (2025)
0600.788.801
KVDV Technics
establishment since 01-04-2014 · founded in 2012
total assets €514,509 (2025)
0849.256.180
SK Security
establishment since 13-07-2015 · founded in 2015
total assets €27,334 (2025)
0633.697.733
Ummi Group
registered office since 28-09-2026
founded in 2026
1043.112.660
Wijndomein Woest
establishment since 01-09-2022
founded in 2022
0780.354.409

Timeline

Timeline

4 events since 2024
2026
Annual accounts 2025 filed NBBmicro format · 12 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011737714
2024
IncorporationFounding capital of €13,000, 1,300 shares · Founders: VAN DE WOESTYNE Tim and FULA Bilal · Appointment: VAN DE WOESTYNE Tim (director) · published on 22-07-20247 points ▸
  • Founder, VAN DE WOESTYNE Tim
  • Founder, FULA Bilal
  • Founding capital, €13,000, 1,300 shares
  • 1,300 shares
  • Registered office clause, Noorwegenstraat 51, 9940 Evergem
  • Board rule, 1
  • Director appointment, VAN DE WOESTYNE Tim
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Noorwegenstraat 51, Evergem

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Identity

Enterprise number
1011.737.714
VAT number
BE 1011.737.714
Peppol ID
0208:1011737714
Other Peppol ID
9925:BE1011737714
Legal form
Private limited company
Status
Active, normal situation
Founded
18-07-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 10:00
deed of 22-07-2024 (in Dutch)
Peppol
Reachable since 08-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BILT ENGINEERING in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-07-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 22-07-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Codes under NACEBEL 2008
VAT activities
71121 Engineering activities main activity
71111 Architectural and engineering activities; technical testing and analysis
Social security (RSZ) activities
71209 Other technical testing and analysis main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Een studiebureau inzake stabiliteit in de bouw,akoestiek,energie(verslaggeving),veiligheidscoördinatie,land- en opmeting; Het uitvoeren van…”
6 activities
  1. Een studiebureau inzake stabiliteit in de bouw,akoestiek,energie(verslaggeving),veiligheidscoördinatie,land- en opmeting.
  2. Het uitvoeren van studieopdrachten en deskundige opdrachten inzake industriële constructies,gebouwen,infrastructuur,technische uitrusting van bouwwerken,structuren en dergelijke.
  3. Het leveren van bouwkundige,financiële en juridische adviezen aan derden met betrekking tot(residentiële en niet-residentiële)nieuwbouw en renovatie–werkzaamheden van onroerende goederen;het tekenen en ontwerpen van gebouwen(met inbegrip van interieur- en tuinontwerpen),het uitwerken van de uitvoeringsplannen met inbegrip van de lastenboeken,het toezien op en het coördineren van de bouwwerkzaamheden(met inbegrip van herstellings–werkzaamheden,interieurdecoratie en tuinaanleg),het uitvoeren van studies en verlenen van advies in verband met stedenbouwkundige plannen,interieurplannen,tuinplannen,en dergelijke meer,en dit alles met uitsluiting van activiteiten die behoren tot een beschermd of gereglementeerd beroep;
  4. De(project)ontwikkeling van residentiële en niet-residentiële bouwprojecten;
  5. Het uitwerken van bouwprojecten omvattende de aankoop van gronden,het bekomen van bouwvergunningen,het contracteren van aannemers van bouwwerken,de coördinatie,de promotie en de verkoop hiervan.
  6. Assistentie op het gebied van management en het voeren van consultingactiviteiten.Het verlenen van diensten,adviezen,de uitvoering,studie en organisatie van en aan personen en bedrijven,in het algemeen met betrekking tot het bedrijfsbeheer,juridisch,fiscaal,financieel,boekhoudkundig,informatica,wetenschappelijk en managementadvies,het doorlichten van de administratieve organisatie,de beheerscontrole en het financieel beheer,opportuniteitsonderzoek,marketing-,acquisitieonderzoek en al wat daarmede rechtstreeks of onrechtstreeks verband houdt.
deed of 22-07-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Noorwegenstraat 51 registered office 9940 Evergem 18-07-2024 2.362.492.408

Buildings and parcels at the address

Ground area
4,956 m²
Buildings
2,189 m²
Volume, LiDAR
8,190 m³
Tallest building
9.0 m
Buildings to scale, each on its own parcel
2,189 m², 8.9 m 2,189 m², 8.9 m

Location

registered office establishment The establishment unit on the map
9 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
44019B0350/00C0004,956 m² 1 · 2,189 m² 8.9 m · 2