The computed 12-month bankruptcy probability of BUSINESS ENGINEERING is 10.5% (high). For BUSINESS ENGINEERING, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €130,806 and a net result of -€33. Equity remains stable across the filed financial years (±0.1% per year). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2022 (filed 19-01-2024)3 financial years not filed after the legal deadline; latest accounts 171 days late; 3 of the last 3 lateTwo or more financial years not filedFiled more than 90 days latelowers riskFounded in 1994Size: total assets €131,710Show the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 99.3% of total assets
Liquidity100+50
short-term debt 0.7%
Profitability37=
return on assets 0.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
10.5%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 2.9%lowest value12-2024: 3.6%▲ +0.7 percentage points vs 11-202401-2025: 6.4%▲ +2.8 percentage points vs 12-202402-2025: 6.9%▲ +0.5 percentage points vs 01-202503-2025: 7.4%▲ +0.5 percentage points vs 02-202504-2025: 7.1%▼ -0.3 percentage points vs 03-202505-2025: 10.8%▲ +3.7 percentage points vs 04-202506-2025: 10.8%● unchanged vs 05-202507-2025: 10.8%● unchanged vs 06-202508-2025: 11.5%▲ +0.7 percentage points vs 07-202509-2025: 11.5%● unchanged vs 08-202510-2025: 11.5%● unchanged vs 09-202511-2025: 11.5%● unchanged vs 10-202512-2025: 11.5%● unchanged vs 11-202501-2026: 11.5%● unchanged vs 12-202502-2026: 11.5%● unchanged vs 01-202603-2026: 12.0%▲ +0.5 percentage points vs 02-2026highest value04-2026: 12.0%● unchanged vs 03-2026highest value05-2026: 12.0%● unchanged vs 04-2026highest value06-2026: 12.0%● unchanged vs 05-2026highest value07-2026: 12.0%● unchanged vs 06-2026highest value08-2026: 11.2%▼ -0.8 percentage points vs 07-202609-2026: 11.2%● unchanged vs 08-202610-2026: 10.5%▼ -0.7 percentage points vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2023 year end31-07-2024 deadline12-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 18-01-2024, 171 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
This company filed its last 4 accounts on average 298 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2020 · micro…
Annual accounts filedfinancial year 2022 · micro…
Annual accounts filedfinancial year 2021 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-2024803 days lateView
Risk: 5 loss-making years in a rowloss financial year 2022-€33View