Bogaerts Engineering
ActiveSummary
Bogaerts Engineering has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197,015 and a net result of -€762. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 18% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▼-7
Solvency38▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.05 against 1.04 in 2024; short-term debt: 86.9% and cash: 0.8% of total assets), and 86.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.1%
Return on assets
-0.1%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2033 sector peers (2025).
NBB · sector comparisonPosition among 2033 sector peers
Solvency
better than 18%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-07-2026, 156 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
156 d late
2024
11 d early
2023
23 d early
2022
5 d early
2021
28 d early
2020
19 d early
2019
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 20 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 employer in Brasschaat, Professional and technical services sector#2 fastest grower in Brasschaat
Equity
€197,015▼ 0.4%
2024 · €197,777
Total assets
€1.5m▼ 8.1%
2024 · €1.6m
Net result
-€762
2024 · €38,289
Working capital
€60,052▼ 4.6%
2024 · €62,916
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€81,178▼ 11.1%€139,340▲ 71.6%€158,845▲ 14.0%€242,092▲ 52.4%€177,684▼ 26.6%
Net result€28,161within the sector's middle half▲ 2.3%€33,006within the sector's middle half▲ 17.2%€23,328within the sector's middle half▼ 29.3%€38,289within the sector's middle half▲ 64.1%-€762below the sector's middle half
Equity€131,570within the sector's middle half▲ 27.2%€136,160within the sector's middle half▲ 3.5%€159,488within the sector's middle half▲ 17.1%€197,777within the sector's middle half▲ 24.0%€197,015within the sector's middle half▼ 0.4%
Total assets€958,709within the sector's middle half▲ 66.5%€1.0mwithin the sector's middle half▲ 4.9%€1.3mwithin the sector's middle half▲ 26.4%€1.6mwithin the sector's middle half▲ 28.8%€1.5mwithin the sector's middle half▼ 8.1%
Debt€827,139▲ 75.1%€869,800▲ 5.2%€1.1m▲ 27.8%€1.4m▲ 29.5%€1.3m▼ 9.2%
Working capital€117,827within the sector's middle half▲ 94.7%€67,926within the sector's middle half▼ 42.4%€8,230below the sector's middle half▼ 87.9%€62,916within the sector's middle half▲ 664%€60,052within the sector's middle half▼ 4.6%
Solvency13.7%below the sector's middle half▼ 4.2pp13.5%below the sector's middle half▼ 0.2pp12.5%below the sector's middle half▼ 1.0pp12.1%below the sector's middle half▼ 0.5pp13.1%below the sector's middle half▲ 1.0pp
Current ratio1.17within the sector's middle half▲ 0.021.09below the sector's middle half▼ 0.091.01below the sector's middle half▼ 0.081.04below the sector's middle half▲ 0.041.05below the sector's middle half=
Return on assets (ROA)2.9%within the sector's middle half▼ 1.8pp3.3%within the sector's middle half▲ 0.3pp1.8%within the sector's middle half▼ 1.4pp2.3%within the sector's middle half▲ 0.5pp-0.1%below the sector's middle half▼ 2.4pp
Staff (FTE)26.1above the sector's middle half▲ 69.5%34.6above the sector's middle half▲ 32.6%49.4above the sector's middle half▲ 42.8%63.9above the sector's middle half▲ 29.4%60.7above the sector's middle half▼ 5.0%
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 schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€136,962 ▼ 2.5%
Current assets
€1.4m ▼ 8.7%
Equity and liabilities €1.5m
Equity
€197,015 ▼ 0.4%
Debt
€1.3m ▼ 9.2%
Debt's share of the balance-sheet total falls from 87.9% to 86.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€243,997▼
2024 · €307,013
Cash flow
€65,551▼
2024 · €103,210
Quick ratio
1.05▲
2024 · 1.04
Debt to equity
6.64▼
2024 · 7.28
ROE
-0.4%▼
2024 · 19.4%
Interest coverage
2.54▼
2024 · 2.99
Debt ≤ 1 year
€1.3m▼
2024 · €1.4m
Income taxes
€82,872▼
2024 · €101,288
Staff costs
€3.1m▼
2024 · €3.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a small loss
0.5%
went bankrupt
2.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 370 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1.9m | €2.6m | €3.1m | €3.1m | ▼ 1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,848 | €45,256 | €53,806 | €64,921 | €66,313 | ▲ 2.1% |
| Other operating charges640/8 | - | €16,088 | €10,575 | €37,006 | €17,182 | ▼ 53.6% |
| Gross operating margin9900 | €1.3m | €2.1m | €2.8m | €3.5m | €3.3m | ▼ 3.8% |
| Operating profit (loss)9901 | €81,178 | €139,340 | €158,845 | €242,092 | €177,684 | ▼ 26.6% |
| Financial income75/76B | - | €59 | €215 | €67 | €330 | ▲ 395% |
| Recurring financial income75 | €71 | €59 | €215 | €67 | €330 | ▲ 395% |
| Financial charges65/66B | - | €35,519 | €63,900 | €102,582 | €95,904 | ▼ 6.5% |
| Recurring financial charges65 | €25,291 | €35,519 | €63,900 | €102,582 | €95,904 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | €68,356 | €103,881 | €95,159 | €139,576 | €82,110 | ▼ 41.2% |
| Income taxes67/77 | €40,195 | €70,875 | €71,831 | €101,288 | €82,872 | ▼ 18.2% |
| Profit (loss) for the period9904 | €28,161 | €33,006 | €23,328 | €38,289 | -€762 | ▼ 102% |
| Profit (loss) for the period to be appropriated9905 | €28,161 | €33,006 | €23,328 | €38,289 | -€762 | ▼ 102% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €958,709 | €1.0m | €1.3m | €1.6m | €1.5m | ▼ 8.1% |
| Fixed assets21/28 | €153,308 | €141,193 | €156,900 | €140,503 | €136,962 | ▼ 2.5% |
| Intangible fixed assets21 | €994 | €83,118 | €108,810 | €77,092 | €64,288 | ▼ 16.6% |
| Tangible fixed assets22/27 | €152,314 | €58,075 | €48,090 | €63,411 | €64,282 | ▲ 1.4% |
| Plant, machinery and equipment23 | - | €36,366 | €30,354 | €28,856 | €29,291 | ▲ 1.5% |
| Furniture and vehicles24 | - | €9,771 | €8,242 | €27,506 | €30,382 | ▲ 10.5% |
| Other tangible fixed assets26 | - | €11,939 | €9,494 | €7,049 | €4,609 | ▼ 34.6% |
| Financial fixed assets28 | - | - | - | - | €8,393 | - |
| Current assets29/58 | €805,401 | €864,766 | €1.1m | €1.5m | €1.4m | ▼ 8.7% |
| Stocks and contracts in progress3 | €750 | €750 | €750 | €750 | €750 | = |
| Stocks30/36 | - | €750 | €750 | €750 | €750 | = |
| Amounts receivable within one year40/41 | €741,996 | €672,087 | €990,078 | €1.3m | €1.3m | ▼ 3.8% |
| Trade receivables40 | - | €556,606 | €831,145 | €1.2m | €1.3m | ▲ 8.4% |
| Other amounts receivable41 | - | €115,480 | €158,933 | €164,567 | €14,718 | ▼ 91.1% |
| Current investments50/53 | - | €18,098 | €30,938 | €48,218 | €66,938 | ▲ 38.8% |
| Cash at bank and in hand54/58 | €62,656 | €170,056 | €92,710 | €109,288 | €11,941 | ▼ 89.1% |
| Deferred charges and accrued income490/1 | - | €3,776 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €958,709 | €1.0m | €1.3m | €1.6m | €1.5m | ▼ 8.1% |
| Equity10/15 | €131,570 | €136,160 | €159,488 | €197,777 | €197,015 | ▼ 0.4% |
| Contributions10/11 | - | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Reserves13 | €125,070 | €129,660 | €152,988 | €191,277 | €191,277 | = |
| Non-distributable reserves130/1 | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Reserves not available under the articles1311 | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Tax-exempt reserves132 | - | €12,254 | €12,254 | €12,254 | €12,254 | = |
| Distributable reserves133 | - | €115,506 | €138,834 | €177,123 | €177,123 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€762 | - |
| Amounts payable17/49 | €827,139 | €869,800 | €1.1m | €1.4m | €1.3m | ▼ 9.2% |
| Amounts payable after more than one year17 | €139,565 | €72,960 | €5,642 | €5,642 | - | - |
| Financial debts170/4 | - | €72,960 | €5,642 | €5,642 | - | - |
| Amounts payable within one year42/48 | €687,575 | €796,840 | €1.1m | €1.4m | €1.3m | ▼ 8.8% |
| Current portion of amounts payable after more than one year42 | - | €401,684 | €67,318 | €458,742 | €459,557 | ▲ 0.2% |
| Financial debts43 | - | - | €270,409 | - | - | - |
| Credit institutions430/8 | - | - | €270,409 | - | - | - |
| Trade debts44 | €223,408 | €135,071 | €243,001 | €458,453 | €339,253 | ▼ 26.0% |
| Suppliers440/4 | - | €135,071 | €243,001 | €458,453 | €339,253 | ▼ 26.0% |
| Taxes, remuneration and social security45 | - | €260,085 | €525,518 | €517,078 | €505,792 | ▼ 2.2% |
| Taxes450/3 | - | €73,277 | €121,833 | €201,026 | €200,001 | ▼ 0.5% |
| Remuneration and social security454/9 | - | €186,808 | €403,685 | €316,051 | €305,791 | ▼ 3.2% |
| Other amounts payable47/48 | - | - | - | - | €2,847 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,161 | €33,006 | €23,328 | €38,289 | -€762 | ▼ 102% |
| + Depreciation and write-downs630 | €18,848 | €45,256 | €53,806 | €64,921 | €66,313 | ▲ 2.1% |
| Operating cash flow (approximation) | €47,009 | €78,262 | €77,134 | €103,210 | €65,551 | ▼ 36.5% |
| Investment in fixed assets (approximation) | - | -€33,141 | -€69,513 | -€48,524 | -€62,772 | ▼ 29.4% |
| Change in cash | - | €107,400 | -€77,346 | €16,578 | -€97,347 | ▼ 687% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 156 days late
2025
30-06
Financial
Weakest financial yearnet -€762
Net result drops to -€762, the lowest in the series.
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2019net €38,289 ▲64.1%
Operating result €242,092, net result €38,289, both a record.
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €150,000Eq €159,488 ▲17.1%
5 profitable years in a row build equity to €159,488.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €100,000Eq €103,409 ▲36.3%
2 profitable years in a row build equity to €103,409.
2019
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Brasschaat · 1 establishment unit since 1999
Ground area
718 m²
Building footprint
139 m²
Volume, LiDAR
865 m³
Parcel 11322E0376/00V000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Kapelsesteenweg 60, 2930 Brasschaat
since 19992.092.801.229
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0376/00V000 | Flanders | 718 m² | 1 · 139 m² | 7.9 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 37,082 EUR awarded · 36,997 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 8,023 EUR | 7,985 EUR |
| 2024 | 2 | 9,142 EUR | 9,095 EUR |
| 2023 | 1 | 11,654 EUR | 11,654 EUR |
| 2022 | 2 | 8,263 EUR | 8,263 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
549300LX55DZVQN5O158
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,130 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
Founded18-10-1999
Fiscal year end30-06
Abbreviation NL
BOENGI
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467083605
Also
9925:BE0467083605
Registered
03-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.