Skip to content

BM ENGINEERING CONSULTING

Active
Private limited companyfounded 20196 yrs activeBeneluxlaan(Kor) 1A, 8500 Kortrijk, BelgiumKBO/BCE: BE 0738.989.352
Summary

BM ENGINEERING CONSULTING has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,165 and a net result of €4,920. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 2028 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability55▼-18
Solvency30▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.07 in 2024; short-term debt: 95.1% and cash: 29.3% of total assets), and 95.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
4.9%
Return on assets
0.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 2028 sector peers (2025).
NBB · sector comparison
Position among 2028 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
8 d early
2024
30 d early
2023
6 d early
2022
47 d early
2021
41 d early
2020
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 December 2019, BM ENGINEERING CONSULTING was incorporated as a Private limited company.1 Total assets went from EUR 138,632 in 2020 to EUR 881,802 in 2025 and headcount from 3.1 to 19.2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€43,165▲ 12.9%
2024 · €38,245
Total assets
€881,802▲ 87.1%
2024 · €471,223
Net result
€4,920▼ 65.6%
2024 · €14,289
Working capital
€21,997▼ 30.8%
2024 · €31,781
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€11,127▲ 78.8%€28,717▲ 158%€11,996▼ 58.2%€65,103▲ 443%€105,824▲ 62.5%
Net result-€4,424below the sector's middle half▲ 35.6%€14,439within the sector's middle half-€4,195below the sector's middle half€14,289within the sector's middle half€4,920within the sector's middle half▼ 65.6%
Equity€13,711below the sector's middle half▼ 24.4%€28,150below the sector's middle half▲ 105%€23,956below the sector's middle half▼ 14.9%€38,245below the sector's middle half▲ 59.6%€43,165below the sector's middle half▲ 12.9%
Total assets€127,123below the sector's middle half▼ 8.3%€147,341below the sector's middle half▲ 15.9%€256,441within the sector's middle half▲ 74.0%€471,223within the sector's middle half▲ 83.8%€881,802within the sector's middle half▲ 87.1%
Debt€113,412▼ 5.9%€119,191▲ 5.1%€232,485▲ 95.1%€432,979▲ 86.2%€838,638▲ 93.7%
Working capital€13,800▼ 24.1%€25,336▲ 83.6%€21,830▼ 13.8%€31,781▲ 45.6%€21,997▼ 30.8%
Solvency10.8%below the sector's middle half▼ 2.3pp19.1%below the sector's middle half▲ 8.3pp9.3%below the sector's middle half▼ 9.8pp8.1%below the sector's middle half▼ 1.2pp4.9%below the sector's middle half▼ 3.2pp
Staff (FTE)3.4within the sector's middle half▲ 9.7%2.4within the sector's middle half▼ 29.4%3.9within the sector's middle half▲ 62.5%7.7within the sector's middle half▲ 97.4%19.2above the sector's middle half▲ 149%
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: €11,127€11,127Net result 2021: -€4,424-€4,424Operating result 2022: €28,717€28,717Net result 2022: €14,439€14,439Operating result 2023: €11,996€11,996Net result 2023: -€4,195-€4,195Operating result 2024: €65,103€65,103Net result 2024: €14,289€14,289Operating result 2025: €105,824€105,824Net result 2025: €4,920€4,92020212022202320242025-€50,000€0€50,000€100,000Operating result 2023: €11,996€12,000Net result 2023: -€4,195-€4,190Operating result 2024: €65,103€65,100Net result 2024: €14,289€14,300Operating result 2025: €105,824€106,000Net result 2025: €4,920€4,920202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 63% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €881,802
Fixed assets €21,257 ▲ 224%
Current assets €860,545 ▲ 85.2%
Equity and liabilities €881,802
Equity €43,165 ▲ 12.9%
Debt €838,638 ▲ 93.7%
Debt's share of the balance-sheet total rises from 91.9% to 95.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€111,107▲
2024 · €66,452
Cash flow
€10,203▼
2024 · €15,638
Current ratio
1.03▼
2024 · 1.07
Debt to equity
19.43▲
2024 · 11.32
ROE
11.4%▼
2024 · 37.4%
ROA
0.6%▼
2024 · 3.0%
Interest coverage
4.28▼
2024 · 6.31
Debt ≤ 1 year
€838,548▲
2024 · €432,891
Income taxes
€74,970▲
2024 · €40,284
Staff costs
€1.9m▲
2024 · €779,961
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,600 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.6% went bankrupt
1.7% stopped otherwise
96% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,600 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€471,223€881,802▲
Fixed assets21/28€6,552€21,257▲
Tangible fixed assets22/27€6,552€21,257▲
Furniture and vehicles24€6,552€21,257▲
Current assets29/58€464,672€860,545▲
Amounts receivable within one year40/41€340,638€574,028▲
Trade receivables40€337,547€569,660▲
Other amounts receivable41€3,091€4,368▲
Cash at bank and in hand54/58€122,586€258,719▲
Deferred charges and accrued income490/1€1,448€27,798▲
Equity and liabilities
Total equity and liabilities10/49€471,223€881,802▲
Equity10/15€38,245€43,165▲
Contributions10/11€25,000€25,000=
Profit (loss) carried forward14€13,245€18,165▲
Amounts payable17/49€432,979€838,638▲
Amounts payable within one year42/48€432,891€838,548▲
Financial debts43€40,000€105,098▲
Credit institutions430/8€40,000€105,098▲
Trade debts44€196,271€303,484▲
Suppliers440/4€196,271€303,484▲
Taxes, remuneration and social security45€196,620€429,967▲
Taxes450/3€25,284€34,970▲
Remuneration and social security454/9€171,337€394,997▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€88€89▲
Income statement Code20242025
Remuneration, social security and pensions62€779,961€1.9m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,349€5,284▲
Other operating charges640/8€513€528▲
Non-recurring operating charges66A€0€2,329▲
Gross operating margin9900€846,927€2.0m▲
Operating profit (loss)9901€65,103€105,824▲
Financial charges65/66B€10,531€25,934▲
Recurring financial charges65€10,531€25,934▲
Profit (loss) for the period before taxes9903€54,573€79,890▲
Income taxes67/77€40,284€74,970▲
Profit (loss) for the period9904€14,289€4,920▼
Profit (loss) for the period to be appropriated9905€14,289€4,920▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,245€18,165▲
Profit (loss) brought forward from the previous period14P-€1,044€13,245▲
Social balance
Average headcount (FTE)90877.719.2▲

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€302,008€243,301€448,319€779,961€1.9m▲ 146%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€539€687€1,349€5,284▲ 292%
Other operating charges640/8€459€460€1,011€513€528▲ 2.8%
Non-recurring operating charges66A--€2,076€0€2,329-
Gross operating margin9900€313,594€273,016€464,089€846,927€2.0m▲ 140%
Operating profit (loss)9901€11,127€28,717€11,996€65,103€105,824▲ 62.5%
Financial charges65/66B€1,497€860€1,036€10,531€25,934▲ 146%
Recurring financial charges65€1,497€860€1,036€10,531€25,934▲ 146%
Profit (loss) for the period before taxes9903€9,630€27,857€10,960€54,573€79,890▲ 46.4%
Income taxes67/77€14,054€13,418€15,154€40,284€74,970▲ 86.1%
Profit (loss) for the period9904-€4,424€14,439-€4,195€14,289€4,920▼ 65.6%
Profit (loss) for the period to be appropriated9905-€4,424€14,439-€4,195€14,289€4,920▼ 65.6%
Line20212022202320242025Change
Assets
Total assets20/58€127,123€147,341€256,441€471,223€881,802▲ 87.1%
Fixed assets21/28-€2,899€2,211€6,552€21,257▲ 224%
Tangible fixed assets22/27-€2,899€2,211€6,552€21,257▲ 224%
Furniture and vehicles24-€2,899€2,211€6,552€21,257▲ 224%
Current assets29/58€127,123€144,442€254,230€464,672€860,545▲ 85.2%
Amounts receivable within one year40/41€28,861€104,039€138,069€340,638€574,028▲ 68.5%
Trade receivables40€28,438€92,533€134,981€337,547€569,660▲ 68.8%
Other amounts receivable41€423€11,506€3,089€3,091€4,368▲ 41.3%
Cash at bank and in hand54/58€97,166€39,002€114,674€122,586€258,719▲ 111%
Deferred charges and accrued income490/1€1,096€1,401€1,486€1,448€27,798▲ 1,820%
Equity and liabilities
Total equity and liabilities10/49€127,123€147,341€256,441€471,223€881,802▲ 87.1%
Equity10/15€13,711€28,150€23,956€38,245€43,165▲ 12.9%
Contributions10/11€25,000€25,000€25,000€25,000€25,000=
Profit (loss) carried forward14-€11,289€3,150-€1,044€13,245€18,165▲ 37.1%
Amounts payable17/49€113,412€119,191€232,485€432,979€838,638▲ 93.7%
Amounts payable within one year42/48€113,324€119,106€232,400€432,891€838,548▲ 93.7%
Financial debts43--€18,000€40,000€105,098▲ 163%
Credit institutions430/8--€18,000€40,000€105,098▲ 163%
Trade debts44€46,532€78,925€80,491€196,271€303,484▲ 54.6%
Suppliers440/4€46,532€78,925€80,491€196,271€303,484▲ 54.6%
Taxes, remuneration and social security45€66,792€40,181€83,909€196,620€429,967▲ 119%
Taxes450/3€9,054-€154€25,284€34,970▲ 38.3%
Remuneration and social security454/9€57,738€40,181€83,755€171,337€394,997▲ 131%
Other amounts payable47/48--€50,000€0--
Accrued charges and deferred income492/3€89€85€85€88€89▲ 1.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€4,424€14,439-€4,195€14,289€4,920▼ 65.6%
+ Depreciation and write-downs630-€539€687€1,349€5,284▲ 292%
Operating cash flow (approximation)-€4,424€14,978-€3,507€15,638€10,203▼ 34.8%
Investment in fixed assets (approximation)--€0-€5,689-€19,989▼ 251%
Change in cash--€58,164€75,672€7,912€136,133▲ 1,621%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €14,289
Net result €14,289 after one loss-making year.
25-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €14,439
Net result €14,439 after 2 loss-making years.
20-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Kortrijk · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
3,971 m²
Building footprint
885 m²
Parcel 34354D0454/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
BM Engineering Consulting
Beneluxlaan(Kor) 1A, 8500 KortrijkEngineering and related technical consultancy, excluding land surveyors
since 20192.296.642.274
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34354D0454/00C000 Flanders 3,970 m² 1 · 884 m² -
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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. BM ENGINEERING GROUP 100%
  2. BM ENGINEERING CONSULTING

Highest known parent: BM ENGINEERING GROUP. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 7,710 EUR awarded · 7,626 EUR paid
Year Entries awardedpaid
2025 1 1,535 EUR1,451 EUR
2024 1 2,755 EUR6,175 EUR
2023 1 3,420 EUR0 EUR
Schemes
3 entries · 7,710 EUR · 7,626 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 4,778 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
Founded11-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0738989352
Also 9925:BE0738989352
Registered 23-09-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.