CAERS J
ActiveSummary
CAERS J has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134,540 and a net result of €390. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 78% of 9559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-26
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 6.89 against 5.5 in 2024; short-term debt: 7.3% and cash: 30% of total assets), and 20.5% 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○neutral
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
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
79.5%
Return on assets
0.2%
Age of the figures
9 mo
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 24-03-2026, 129 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
129 d early
2024
129 d early
2023
117 d early
2022
117 d early
2021
124 d early
2020
114 d early
2019
116 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 121 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€134,540▼ 15.5%
2024 · €159,284
Total assets
€169,154▼ 20.3%
2024 · €212,250
Net result
€390▼ 99.1%
2024 · €43,771
Working capital
€72,330▼ 22.4%
2024 · €93,165
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€17,654▼ 10.0%€26,572▲ 50.5%€38,064▲ 43.2%€65,148▲ 71.2%€3,423▼ 94.7%
Net result€11,789within the sector's middle half▼ 10.9%€18,969within the sector's middle half▲ 60.9%€27,177within the sector's middle half▲ 43.3%€43,771above the sector's middle half▲ 61.1%€390below the sector's middle half▼ 99.1%
Equity€69,367within the sector's middle half▲ 20.5%€88,336within the sector's middle half▲ 27.3%€115,513within the sector's middle half▲ 30.8%€159,284within the sector's middle half▲ 37.9%€134,540within the sector's middle half▼ 15.5%
Total assets€98,542within the sector's middle half▲ 5.6%€97,982within the sector's middle half▼ 0.6%€126,726within the sector's middle half▲ 29.3%€212,250within the sector's middle half▲ 67.5%€169,154within the sector's middle half▼ 20.3%
Debt€29,174▼ 18.3%€9,646▼ 66.9%€11,214▲ 16.2%€52,966▲ 372%€34,614▼ 34.6%
Working capital€15,121within the sector's middle half€45,591within the sector's middle half▲ 201%€78,645within the sector's middle half▲ 72.5%€93,165within the sector's middle half▲ 18.5%€72,330within the sector's middle half▼ 22.4%
Solvency70.4%within the sector's middle half▲ 8.7pp90.2%above the sector's middle half▲ 19.8pp91.2%above the sector's middle half▲ 1.0pp75.0%within the sector's middle half▼ 16.1pp79.5%above the sector's middle half▲ 4.5pp
Current ratio1.61within the sector's middle half▲ 0.645.73above the sector's middle half▲ 4.128.01above the sector's middle half▲ 2.295.50above the sector's middle half▼ 2.516.89above the sector's middle half▲ 1.39
Return on assets (ROA)12.0%within the sector's middle half▼ 2.2pp19.4%within the sector's middle half▲ 7.4pp21.4%within the sector's middle half▲ 2.1pp20.6%within the sector's middle half▼ 0.8pp0.2%below the sector's middle half▼ 20.4pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169,154
Fixed assets
€84,543 ▼ 14.1%
Current assets
€84,611 ▼ 25.7%
Equity and liabilities €169,154
Equity
€134,540 ▼ 15.5%
Debt
€34,614 ▼ 34.6%
Debt's share of the balance-sheet total falls from 25.0% to 20.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€28,456▼
2024 · €90,427
Cash flow
€25,424▼
2024 · €69,051
Quick ratio
6.88▲
2024 · 5.50
Debt to equity
0.26▼
2024 · 0.33
ROE
0.3%▼
2024 · 27.5%
Interest coverage
14.30▼
2024 · 42.35
Debt ≤ 1 year
€12,281▼
2024 · €20,698
Debt > 1 year
€22,333▼
2024 · €32,268
Income taxes
€1,043▼
2024 · €19,241
Staff costs
€1,072▲
2024 · €387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 17,040 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €30,558 | - | - |
| Remuneration, social security and pensions62 | - | €348 | €384 | €387 | €1,072 | ▲ 177% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,574 | €21,442 | €15,829 | €25,279 | €25,034 | ▼ 1.0% |
| Other operating charges640/8 | - | €1,355 | €1,589 | €1,863 | €2,050 | ▲ 10.0% |
| Non-recurring operating charges66A | - | - | €1,517 | - | €703 | - |
| Gross operating margin9900 | €39,939 | €49,717 | €57,384 | €92,677 | €32,281 | ▼ 65.2% |
| Operating profit (loss)9901 | €17,654 | €26,572 | €38,064 | €65,148 | €3,423 | ▼ 94.7% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | €3 | - | €0 | - | - | - |
| Financial charges65/66B | - | €356 | €487 | €2,135 | €1,990 | ▼ 6.8% |
| Recurring financial charges65 | €734 | €356 | €487 | €2,135 | €1,990 | ▼ 6.8% |
| Profit (loss) for the period before taxes9903 | €16,924 | €26,216 | €37,577 | €63,012 | €1,433 | ▼ 97.7% |
| Income taxes67/77 | €5,135 | €7,247 | €10,400 | €19,241 | €1,043 | ▼ 94.6% |
| Profit (loss) for the period9904 | €11,789 | €18,969 | €27,177 | €43,771 | €390 | ▼ 99.1% |
| Profit (loss) for the period to be appropriated9905 | €11,789 | €18,969 | €27,177 | €43,771 | €390 | ▼ 99.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €98,542 | €97,982 | €126,726 | €212,250 | €169,154 | ▼ 20.3% |
| Fixed assets21/28 | €58,451 | €42,745 | €36,868 | €98,387 | €84,543 | ▼ 14.1% |
| Tangible fixed assets22/27 | €58,031 | €42,325 | €36,448 | €97,967 | €84,123 | ▼ 14.1% |
| Land and buildings22 | - | €19,494 | €17,458 | €15,423 | €13,388 | ▼ 13.2% |
| Plant, machinery and equipment23 | - | €9,847 | €7,846 | €5,796 | €10,764 | ▲ 85.7% |
| Furniture and vehicles24 | - | €12,985 | €11,143 | €76,748 | €58,399 | ▼ 23.9% |
| Other tangible fixed assets26 | - | - | - | - | €1,572 | - |
| Financial fixed assets28 | €420 | €420 | €420 | €420 | €420 | = |
| Current assets29/58 | €40,091 | €55,237 | €89,859 | €113,863 | €84,611 | ▼ 25.7% |
| Stocks and contracts in progress3 | €3,080 | €380 | €1,997 | - | €70 | - |
| Stocks30/36 | - | €380 | €1,997 | - | €70 | - |
| Amounts receivable within one year40/41 | €13,226 | €20,457 | €24,368 | €25,668 | €26,811 | ▲ 4.5% |
| Trade receivables40 | - | €18,335 | €19,533 | €20,898 | €10,119 | ▼ 51.6% |
| Other amounts receivable41 | - | €2,122 | €4,836 | €4,770 | €16,692 | ▲ 250% |
| Cash at bank and in hand54/58 | €19,640 | €30,503 | €59,970 | €81,492 | €50,677 | ▼ 37.8% |
| Deferred charges and accrued income490/1 | - | €3,896 | €3,524 | €6,703 | €7,053 | ▲ 5.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €98,542 | €97,982 | €126,726 | €212,250 | €169,154 | ▼ 20.3% |
| Equity10/15 | €69,367 | €88,336 | €115,513 | €159,284 | €134,540 | ▼ 15.5% |
| Contributions10/11 | - | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Reserves13 | €56,973 | €75,941 | €103,118 | €146,890 | €122,146 | ▼ 16.8% |
| Non-distributable reserves130/1 | - | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | - | - | - | - |
| Distributable reserves133 | - | €74,082 | €103,118 | €146,890 | €122,146 | ▼ 16.8% |
| Amounts payable17/49 | €29,174 | €9,646 | €11,214 | €52,966 | €34,614 | ▼ 34.6% |
| Amounts payable after more than one year17 | €4,205 | - | - | €32,268 | €22,333 | ▼ 30.8% |
| Financial debts170/4 | - | - | - | €32,268 | €22,333 | ▼ 30.8% |
| Amounts payable within one year42/48 | €24,969 | €9,646 | €11,214 | €20,698 | €12,281 | ▼ 40.7% |
| Current portion of amounts payable after more than one year42 | - | €4,205 | - | €9,459 | €9,935 | ▲ 5.0% |
| Trade debts44 | €10,307 | €3,358 | €6,413 | €8,264 | €2,346 | ▼ 71.6% |
| Suppliers440/4 | - | €3,358 | €6,413 | €8,264 | €2,346 | ▼ 71.6% |
| Taxes, remuneration and social security45 | - | €2,083 | €4,801 | €2,975 | - | - |
| Taxes450/3 | - | €2,083 | €4,801 | €2,975 | - | - |
| Other amounts payable47/48 | - | - | - | - | €0 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,789 | €18,969 | €27,177 | €43,771 | €390 | ▼ 99.1% |
| + Depreciation and write-downs630 | €20,574 | €21,442 | €15,829 | €25,279 | €25,034 | ▼ 1.0% |
| Operating cash flow (approximation) | €32,363 | €40,411 | €43,006 | €69,051 | €25,424 | ▼ 63.2% |
| Investment in fixed assets (approximation) | - | -€5,737 | -€9,952 | -€86,799 | -€11,190 | ▲ 87.1% |
| Change in cash | - | €10,862 | €29,467 | €21,522 | -€30,815 | ▼ 243% |
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
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €390 ▼99.1%
Net result drops to €390, the lowest in the series.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €43,771 ▲61.1%
Operating result €65,148, net result €43,771, both a record.
31-12
Financial
Equity above €150,000Eq €159,284 ▲37.9%
7 profitable years in a row build equity to €159,284.
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €115,513 ▲30.8%
6 profitable years in a row build equity to €115,513.
05-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 5.73
Current ratio from 1.61 to 5.73; short-term debt falls from €24,969 to €9,646.
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-05
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, Kasterlee · 2 establishment units since 1986
Ground area
3,263 m²
Building footprint
333 m²
Volume, LiDAR
1,142 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
CAERS J
since 19862.037.316.140
CAERS J
since 20182.280.100.113
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13009D0808/00C000 | Flanders | 2,343 m² | 1 · 179 m² | 9.9 m · 2 fl. |
| 13018F0472/00F000 | Flanders | 920 m² | 1 · 153 m² | 0.6 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,573 companies in sector 71121 we hold annual accounts for 6,570. 5,243 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
Founded17-03-1986
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
68121Development of residential building projects
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
70200Business and other management consultancy
74999Other professional, scientific and technical activities
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428705158
Also
9925:BE0428705158
Registered
11-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.