Broes Engineering & Project Management
ActiveSummary
Broes Engineering & Project Management has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376k and a net result of €50k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 71.4 against 48.81 in 2024; short-term debt: 1.4% and cash: 40% of total assets), and 1.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.6%
Return on assets
13.1%
Age of the figures
9 mo
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
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 · 10 filingsDeviation from the deadline
2025
8 d early
2024
6 d early
2023
6 d early
2022
27 d early
2021
27 d early
2020
25 d early
2019
24 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€376k▲ 15.3%
2024 · €326k
2018: €108klowest in 8 years
2019: €121k▲ +12.1% vs 2018
2020: €121k● 0.0% vs 2019
2021: €121k▲ +0.3% vs 2020
2022: €187k▲ +54.9% vs 2021
2023: €258k▲ +37.6% vs 2022
2024: €326k▲ +26.6% vs 2023
2025: €376k▲ +15.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€382k▲ 14.6%
2024 · €333k
2018: €109klowest in 8 years
2019: €121k▲ +11.1% vs 2018
2020: €121k● 0.0% vs 2019
2021: €124k▲ +1.8% vs 2020
2022: €205k▲ +65.7% vs 2021
2023: €267k▲ +30.2% vs 2022
2024: €333k▲ +24.9% vs 2023
2025: €382k▲ +14.6% vs 2024highest in 8 years
2018 → 2025
Net result
€50k▼ 26.9%
2024 · €68k
2018: €26k
2019: €17k▼ -33.7% vs 2018
2020: €-27k▼ -262% vs 2019lowest in 8 years
2021: €28k▲ +201% vs 2020
2022: €66k▲ +140% vs 2021
2023: €70k▲ +6.0% vs 2022highest in 8 years
2024: €68k▼ -2.7% vs 2023
2025: €50k▼ -26.9% vs 2024
2018 → 2025
Working capital
€373k▲ 14.6%
2024 · €326k
2018: €101klowest in 8 years
2019: €120k▲ +18.8% vs 2018
2020: €121k▲ +0.8% vs 2019
2021: €121k▲ +0.3% vs 2020
2022: €187k▲ +54.9% vs 2021
2023: €258k▲ +37.6% vs 2022
2024: €326k▲ +26.4% vs 2023
2025: €373k▲ +14.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€121k-€187k▲ 54.9%€258k▲ 37.6%€326k▲ 26.6%€376k▲ 15.3%
2021: €121klowest in 5 years
2022: €187k▲ +54.9% vs 2021
2023: €258k▲ +37.6% vs 2022
2024: €326k▲ +26.6% vs 2023
2025: €376k▲ +15.3% vs 2024highest in 5 years
Operating result€26k-€102k▲ 288%€100k▼ 1.1%€97k▼ 3.4%€66k▼ 32.3%
2021: €26klowest in 5 years
2022: €102k▲ +288% vs 2021highest in 5 years
2023: €100k▼ -1.1% vs 2022
2024: €97k▼ -3.4% vs 2023
2025: €66k▼ -32.3% vs 2024
Net result€28k-€66k▲ 140%€70k▲ 6.0%€68k▼ 2.7%€50k▼ 26.9%
2021: €28klowest in 5 years
2022: €66k▲ +140% vs 2021
2023: €70k▲ +6.0% vs 2022highest in 5 years
2024: €68k▼ -2.7% vs 2023
2025: €50k▼ -26.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382k
Fixed assets
€3k ▲ 465%
Current assets
€379k ▲ 13.9%
Equity and liabilities €382k
Equity
€376k ▲ 15.3%
Debt
€5k ▼ 22.1%
Debt's share of the balance-sheet total falls from 2.0% to 1.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66k▼
2024 · €97k
Cash flow
€50k▼
2024 · €69k
Current ratio
71.40▲
2024 · 48.81
Debt to equity
0.01▼
2024 · 0.02
ROE
13.3%▼
2024 · 21.0%
ROA
13.1%▼
2024 · 20.6%
Interest coverage
172.19▲
2024 · -114.43
Debt ≤ 1 year
€5k▼
2024 · €7k
Income taxes
€23k▼
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€333k€382k▲
Fixed assets21/28€503€3k▲
Tangible fixed assets22/27€503€3k▲
Furniture and vehicles24€503€3k▲
Current assets29/58€332k€379k▲
Amounts receivable within one year40/41€15k€22k▲
Trade receivables40€6k€7k▲
Other amounts receivable41€9k€16k▲
Current investments50/53€167k€203k▲
Cash at bank and in hand54/58€149k€152k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€333k€382k▲
Equity10/15€326k€376k▲
Contributions10/11€19k€19k=
Reserves13€308k€358k▲
Distributable reserves133€308k€358k▲
Amounts payable17/49€7k€5k▼
Amounts payable within one year42/48€7k€5k▼
Trade debts44€617€519▼
Suppliers440/4€617€519▼
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€5k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€240€255▲
Other operating charges640/8€505€520▲
Gross operating margin9900€98k€66k▼
Operating profit (loss)9901€97k€66k▼
Financial income75/76B€2k€8k▲
Recurring financial income75€2k€8k▲
Financial charges65/66B€-850€383▲
Recurring financial charges65€-850€383▲
Profit (loss) for the period before taxes9903€100k€73k▼
Income taxes67/77€31k€23k▼
Profit (loss) for the period9904€68k€50k▼
Profit (loss) for the period to be appropriated9905€68k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€68k€50k▼
Transfer to equity691/2€68k€50k▼
To other reserves6921€68k€50k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €240 | €255 | ▲ 6.1% |
| Other operating charges640/8 | €449 | €450 | €493 | €505 | €520 | ▲ 2.8% |
| Gross operating margin9900 | €27k | €102k | €101k | €98k | €66k | ▼ 32.1% |
| Operating profit (loss)9901 | €26k | €102k | €100k | €97k | €66k | ▼ 32.3% |
| Financial income75/76B | €1k | €2k | €2k | €2k | €8k | ▲ 350% |
| Recurring financial income75 | €1k | €2k | €2k | €2k | €8k | ▲ 350% |
| Financial charges65/66B | €-466 | €5k | €-59 | €-850 | €383 | ▲ 145% |
| Recurring financial charges65 | €-466 | €5k | €-59 | €-850 | €383 | ▲ 145% |
| Profit (loss) for the period before taxes9903 | €28k | €99k | €102k | €100k | €73k | ▼ 26.5% |
| Income taxes67/77 | - | €32k | €32k | €31k | €23k | ▼ 25.8% |
| Profit (loss) for the period9904 | €28k | €66k | €70k | €68k | €50k | ▼ 26.9% |
| Profit (loss) for the period to be appropriated9905 | €28k | €66k | €70k | €68k | €50k | ▼ 26.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €124k | €205k | €267k | €333k | €382k | ▲ 14.6% |
| Fixed assets21/28 | - | - | - | €503 | €3k | ▲ 465% |
| Tangible fixed assets22/27 | - | - | - | €503 | €3k | ▲ 465% |
| Furniture and vehicles24 | - | - | - | €503 | €3k | ▲ 465% |
| Current assets29/58 | €124k | €205k | €267k | €332k | €379k | ▲ 13.9% |
| Amounts receivable within one year40/41 | €9k | €22k | €17k | €15k | €22k | ▲ 42.6% |
| Trade receivables40 | €9k | €21k | €17k | €6k | €7k | ▲ 5.9% |
| Other amounts receivable41 | €323 | €323 | - | €9k | €16k | ▲ 66.7% |
| Current investments50/53 | €54k | €58k | €105k | €167k | €203k | ▲ 21.5% |
| Cash at bank and in hand54/58 | €60k | €125k | €144k | €149k | €152k | ▲ 2.5% |
| Deferred charges and accrued income490/1 | €304 | €325 | €814 | €1k | €1k | ▼ 7.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €124k | €205k | €267k | €333k | €382k | ▲ 14.6% |
| Equity10/15 | €121k | €187k | €258k | €326k | €376k | ▲ 15.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €102k | €169k | €239k | €308k | €358k | ▲ 16.3% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €101k | €167k | €239k | €308k | €358k | ▲ 16.3% |
| Amounts payable17/49 | €3k | €17k | €9k | €7k | €5k | ▼ 22.1% |
| Amounts payable within one year42/48 | €3k | €17k | €9k | €7k | €5k | ▼ 22.1% |
| Trade debts44 | €482 | €831 | €293 | €617 | €519 | ▼ 15.9% |
| Suppliers440/4 | €482 | €831 | €293 | €617 | €519 | ▼ 15.9% |
| Taxes, remuneration and social security45 | €1k | €13k | €6k | €1k | €1k | ▲ 7.0% |
| Taxes450/3 | €1k | €13k | €6k | €1k | €1k | ▲ 7.0% |
| Other amounts payable47/48 | €630 | €3k | €3k | €5k | €4k | ▼ 28.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28k | €66k | €70k | €68k | €50k | ▼ 26.9% |
| + Depreciation and write-downs630 | - | - | - | €240 | €255 | ▲ 6.1% |
| Operating cash flow (approximation) | €28k | €66k | €70k | €69k | €50k | ▼ 26.8% |
| Investment in fixed assets (approximation) | - | - | - | - | €-3k | - |
| Change in cash | - | €64k | €20k | €4k | €4k | ▼ 14.0% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €70k ▲6%
Net result €70k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 29.88
Current ratio from 11.79 to 29.88; short-term debt falls from €17k to €9k.
31-12
Financial
Equity above €200kEq €258k ▲37.6%
3 profitable years in a row build equity to €258k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €187k ▲54.9%
2 profitable years in a row build equity to €187k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial
Liquidity doublescurrent ratio 180.73
Current ratio from 76.22 to 180.73; short-term debt falls from €2k to €671.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 6current ratio 76.22
Current ratio from 12.93 to 76.22; short-term debt falls from €8k to €2k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · 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.
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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, Schelle · 1 establishment unit since 2015
Ground area
1,776 m²
Building footprint
149 m²
Volume, LiDAR
819 m³
Parcel 11038B0299/00K003, Flanders · tallest building 22.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Broes Engineering & Project Management
since 20152.238.937.964
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11038B0299/00K003 | Flanders | 1,776 m² | 1 · 149 m² | 22.6 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 36,765 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
Founded06-02-2015
Fiscal year end31-12
Abbreviation NL
BE&PM
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.