BVS ENGINEERING
ActiveBVS ENGINEERING has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13k and a net result of €-3k. Equity is shrinking by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 20% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency27▼-2
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.21 in 2023), and 81.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 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 2024Solvency, return and age of the figures
Solvency
18.6%
Return on assets
-4.4%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
20222324
2020 to 2024 · latest year -€3k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 37972 sector peers (2024).
NBB · sector comparisonPosition among 37972 sector peers
Solvency
better than 20%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-11-2025, 95 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
95 d late
2023
90 d late
2022
30 d late
2021
40 d late
2020
41 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€13k▼ 19.0%
2023 · €16k
2020: €42k
2022: €33k
2023: €16k
2020 → 2024
Total assets
€68k▼ 16.2%
2023 · €81k
2020: €75k
2022: €146k
2023: €81k
2020 → 2024
Net result
€-3k▲ 83.0%
2023 · €-17k
2020: €40k
2022: €22k
2023: €-17k
2020 → 2024
Working capital
€8k▼ 37.3%
2023 · €12k
2020: €40k
2022: €31k
2023: €12k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202220232024Trend
Equity€42k-€33k▼ 20.4%€16k▼ 52.9%€13k▼ 19.0%
Operating result€57k-€33k▼ 41.5%€-13k€7k
Net result€40k-€22k▼ 44.2%€-17k€-3k▲ 83.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7k after a loss of €13k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €68k
Fixed assets
€5k▼ 48.0%
Current assets
€63k▼ 11.9%
Equity and liabilities €68k
Equity
€13k▼ 19.0%
Debt
€55k▼ 15.6%
The debt ratio rises from 80.7% to 81.4%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€11k▲
2023 · €-8k
Cash flow
€2k▲
2023 · €-13k
Solvency
18.6%▼
2023 · 19.3%
Current ratio
1.14▼
2023 · 1.21
Quick ratio
1.08▼
2023 · 1.17
Debt / equity
4.37▲
2023 · 4.19
ROE
-23.5%▲
2023 · -112.3%
ROA
-4.4%▲
2023 · -21.6%
Interest coverage
2.10▲
2023 · -2.17
Debt
€55k▼
2023 · €65k
Debt ≤ 1 year
€55k▼
2023 · €59k
Income taxes
€4k▲
2023 · €1k
Staff costs
€4k▼
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€81k€68k▼
Fixed assets21/28€10k€5k▼
Intangible fixed assets21€775€415▼
Tangible fixed assets22/27€9k€5k▼
Furniture and vehicles24€7k€3k▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€71k€63k▼
Stocks and contracts in progress3€2k€3k▲
Stocks30/36€2k€3k▲
Amounts receivable within one year40/41€52k€54k▲
Trade receivables40€45k€54k▲
Other amounts receivable41€7k€431▼
Cash at bank and in hand54/58€8k€4k▼
Deferred charges and accrued income490/1€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€81k€68k▼
Equity10/15€16k€13k▼
Contributions10/11€2k€2k=
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€-16k€-19k▼
Amounts payable17/49€65k€55k▼
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€59k€55k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43-€12k
Credit institutions430/8-€12k
Trade debts44€36k€19k▼
Suppliers440/4€36k€19k▼
Taxes, remuneration and social security45€17k€18k▲
Taxes450/3€16k€17k▲
Remuneration and social security454/9€651€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€5k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-2k€17k▲
Operating profit (loss)9901€-13k€7k▲
Financial income75/76B€66€81▲
Recurring financial income75€66€81▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€-16k€1k▲
Income taxes67/77€1k€4k▲
Profit (loss) for the period9904€-17k€-3k▲
Profit (loss) for the period to be appropriated9905€-17k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-19k▼
Profit (loss) brought forward from the previous period14P€1k€-16k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 95 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial
Weakest financial yearnet €-17k ▼179%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 40 days late
2021
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 41 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Herentals · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Poederleeseweg(HRT) 1582200 HerentalsGround area
1,385 m²
Building footprint
129 m²
Volume, LiDAR
1,071 m³
Parcel 13011B0625/00K000, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BVS ENGINEERING
since 20192.296.579.225
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13011B0625/00K000 | Flanders | 1,385 m² | 1 · 129 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 82,218 companies in sector 70200 we hold annual accounts for 52,393. 25,435 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
74112Other professional, scientific and technical activities
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.