Equity
-€1,299
Debts exceed assets in financial year 2025.
Boeykens Engineering Development
Lifetime
6 annual accounts with figures on one time axispeak €47,051 (2020)
€15,584▲ €28,814
lowest -€51,931 (2023)
€9,690▲ €27,789
peak €59,040 (2022)
-€1,299▲ €9,690
€64,220▲ 68.9%
Board1 name since 2020
1 directorBOEYKENS Glenn Raymond Paula
Documentsfilings and deeds
08-06-202653 days before the deadline
2025micro format
Gross margin from -€13,230 to €15,584Back to profit: €9,690Equity from -€10,989 to -€1,299Debts from €38,015 to €64,220Investments €23,450Cash from €5,580 to €2,131
Key points
from the 2025 annual accountsTurnover
≈ €70,000 estimated
The micro format states no turnover.
Debts
€64,220 102% of the balance sheet
Suppliers 24%Taxes and wages 9%Other 67%
Of this, €64,070 falls due within a year.
Investments
€23,450 6.8 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 116.6% higher than in 2024.
Filings
6 annual accounts 1 late
The 2020 accounts came 31 days late. The other five were filed on time.
Position in the sector
-€1,299
Less equity than 90% of companies in architecture and engineering. Sector median €63,879 · 11,799 companies.
Checked score
55
Fair
Financially stronger than 40% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.5% Very 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 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.2 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026highest value
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€1,299
Founded in 2020
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €62,920
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 8% of them on solvency, 3% on liquidity, 61% on profitability and 89% 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 very low class on 30-06-2025, 0.1% 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, 2,180 companies had the same profile as Boeykens Engineering Development has now. Each dot stands for 6 companies, two years later.
88.7%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Boeykens Engineering Development itself is lower: 0.5% within 12 months. It rests on far more data about Boeykens Engineering Development than the profile alone.
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.
| 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 2,180 companies, not a prediction for Boeykens Engineering Development. 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 0.38 (0.31 in 2024), below 1. Short-term debt is 101.8% and cash 3.4% 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
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 11794 sector peers (2025).
NBB · sector comparisonPosition among 11794 sector peers
Solvency
better than 9%
← 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 08-06-2026, 53 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
53 days early
2024
55 days early
2023
26 days early
2022
53 days early
2021
25 days early
2020
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 30 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 8 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0740905992
Registered office moved from Ghent to Dikkelvenne
New registered office: Gemeentehuisstraat 6 te 9890 Dikkelvenne · Previous registered office: Tolhuislaan 193 te 9000 Gent · Board meeting of 03-09-2021 · Gazette deed
Incorporation
Founding capital of €3,000, 3,000 shares · Founder: BOEYKENS Glenn Raymond Paula · Appointment: BOEYKENS Glenn Raymond Paula (director) · published on 10-01-2020 · Gazette deed
First establishment
Gemeentehuisstraat 6, Gavere
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Boeykens Engineering Development Gavere | €62,920 | €15,584 | -2.1% | - |
| RPC&S Erpe-Mere | €50,242 | €15,966 | 43.3% | - |
| BVS ENGINEERING Herentals | €67,729 | €17,310 | 18.6% | - |
| FRAME-DESK Hasselt | €62,577 | €16,628 | 42.8% | - |
| NDB Management & Engineering Lokeren | €81,586 | €16,423 | -5.9% | - |
| Menschaert Jochem Evergem | €47,436 | €12,837 | 48.5% | - |
| Bart Bot Archeologie Ghent | €86,566 | €21,608 | 82.7% | - |
These companies have the same main activity as Boeykens Engineering Development: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €47,400 and €86,600, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 08-01-2020Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
- Establishment unit
- 2.298.226.2459890 Gavere, since 08-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 07-07-2025
Annual accounts 2025
- €62,920▲ 133%
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Insights on Boeykens Engineering Development
Boeykens Engineering Development files the micro format. That format states no turnover. The gross margin fell from €47,051 in 2020 to €15,584 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 Boeykens Engineering Development
- What is the company number of Boeykens Engineering Development?
- The company number of Boeykens Engineering Development is 0740.905.992. The VAT number is the same number with BE in front: BE 0740.905.992.
- Where is Boeykens Engineering Development based?
- The registered office is at Gemeentehuisstraat 6, 9890 Gavere.Company details
- What does Boeykens Engineering Development 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 Boeykens Engineering Development?
- Boeykens Engineering Development is a private limited company (BV).
- When was Boeykens Engineering Development founded?
- Boeykens Engineering Development was founded on 08-01-2020.
- Is Boeykens Engineering Development still active?
- Yes, Boeykens Engineering Development is an active enterprise in the KBO register.
- What is the turnover of Boeykens Engineering Development?
- The turnover in financial year 2025 is ≈ €70,000. This figure is estimated from the gross margin of €15,584 and 30 comparable companies (NACE 71121). It probably lies between €49,000 and €130,000. It is a rough estimate.Financials
- Is Boeykens Engineering Development profitable?
- In financial year 2025, Boeykens Engineering Development made a profit of €9,690.
- Where can I find the annual accounts of Boeykens Engineering Development?
- Boeykens Engineering Development filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Boeykens Engineering Development due?
- Boeykens Engineering Development must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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