COLLEN ENGINEERING
ActiveSummary
The annual accounts of COLLEN ENGINEERING for fiscal year 2025 show a net loss of 91% of total assets. The 2025 annual accounts show equity of €45,272 and a net result of -€42,220. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 95% of 2028 sector peers (fiscal year 2025). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-27
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 52.88; short-term debt: 1.9% and cash: 78.9% of total assets), and 1.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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
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
98.1%
Return on assets
-91.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€42,220
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
24 d late
2023
175 d late
2022
19 d early
2021
25 d late
2020
61 d early
2019
30 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 17 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 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 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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€45,272▼ 48.3%
2024 · €87,491
Total assets
€46,143▼ 47.4%
2024 · €87,733
Net result
-€42,220▼ 1,030%
2024 · -€3,738
Working capital
€45,222▼ 48.3%
2024 · €87,441
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-€4,530€3,993-€8,089-€3,773▲ 53.4%-€42,654▼ 1,031%
Net result-€4,752below the sector's middle half€2,875within the sector's middle half-€8,040below the sector's middle half-€3,738below the sector's middle half▲ 53.5%-€42,220below the sector's middle half▼ 1,030%
Equity€90,529within the sector's middle half▼ 5.0%€99,270within the sector's middle half▲ 9.7%€91,229within the sector's middle half▼ 8.1%€87,491within the sector's middle half▼ 4.1%€45,272below the sector's middle half▼ 48.3%
Total assets€103,143within the sector's middle half▼ 3.8%€102,340within the sector's middle half▼ 0.8%€91,301below the sector's middle half▼ 10.8%€87,733below the sector's middle half▼ 3.9%€46,143below the sector's middle half▼ 47.4%
Debt€12,614▲ 5.4%€3,070▼ 75.7%€72▼ 97.7%€242▲ 236%€872▲ 261%
Working capital€86,367▼ 3.9%€98,340▲ 13.9%€91,179▼ 7.3%€87,441▼ 4.1%€45,222▼ 48.3%
Solvency87.8%above the sector's middle half▼ 1.1pp97.0%above the sector's middle half▲ 9.2pp99.9%above the sector's middle half▲ 2.9pp99.7%above the sector's middle half▼ 0.2pp98.1%above the sector's middle half▼ 1.6pp
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 or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42,654 in 2025 against €3,773 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46,143
Fixed assets
€50 =
Current assets
€46,093 ▼ 47.4%
Equity and liabilities €46,143
Equity
€45,272 ▼ 48.3%
Debt
€872 ▲ 261%
Debt's share of the balance-sheet total rises from 0.3% to 1.9%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
52.88
Debt to equity
0.02▲
2024 · 0.00
ROE
-93.3%▼
2024 · -4.3%
ROA
-91.5%▼
2024 · -4.3%
Debt ≤ 1 year
€872▲
2024 · €242
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 5,836 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 | €300 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,272 | €880 | €880 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €34,214 | - |
| Other operating charges640/8 | €962 | €572 | €794 | €141 | €194 | ▲ 38.1% |
| Gross operating margin9900 | -€2,295 | €5,445 | -€6,415 | -€3,632 | -€8,245 | ▼ 127% |
| Operating profit (loss)9901 | -€4,530 | €3,993 | -€8,089 | -€3,773 | -€42,654 | ▼ 1,031% |
| Financial income75/76B | €0 | €0 | €125 | €78 | €479 | ▲ 511% |
| Recurring financial income75 | €0 | €0 | €125 | €78 | €479 | ▲ 511% |
| Financial charges65/66B | €177 | €68 | €77 | €44 | €45 | ▲ 3.4% |
| Recurring financial charges65 | €177 | €68 | €77 | €44 | €45 | ▲ 3.4% |
| Profit (loss) for the period before taxes9903 | -€4,706 | €3,925 | -€8,040 | -€3,738 | -€42,220 | ▼ 1,030% |
| Income taxes67/77 | €46 | €1,050 | - | - | - | - |
| Profit (loss) for the period9904 | -€4,752 | €2,875 | -€8,040 | -€3,738 | -€42,220 | ▼ 1,030% |
| Profit (loss) for the period to be appropriated9905 | -€4,752 | €2,875 | -€8,040 | -€3,738 | -€42,220 | ▼ 1,030% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €103,143 | €102,340 | €91,301 | €87,733 | €46,143 | ▼ 47.4% |
| Fixed assets21/28 | €4,162 | €930 | €50 | €50 | €50 | = |
| Tangible fixed assets22/27 | €4,112 | €880 | - | - | - | - |
| Plant, machinery and equipment23 | €1,760 | €880 | - | - | - | - |
| Furniture and vehicles24 | €2,352 | €0 | - | - | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €98,981 | €101,410 | €91,251 | €87,683 | €46,093 | ▼ 47.4% |
| Amounts receivable after more than one year29 | - | - | - | €1,500 | €1,250 | ▼ 16.7% |
| Other amounts receivable291 | - | - | - | €1,500 | €1,250 | ▼ 16.7% |
| Amounts receivable within one year40/41 | €37,619 | €39,715 | €37,923 | €42,006 | €8,427 | ▼ 79.9% |
| Trade receivables40 | €35,164 | €35,764 | €34,683 | €34,813 | €862 | ▼ 97.5% |
| Other amounts receivable41 | €2,455 | €3,950 | €3,240 | €7,193 | €7,565 | ▲ 5.2% |
| Cash at bank and in hand54/58 | €59,850 | €61,622 | €53,328 | €44,177 | €36,417 | ▼ 17.6% |
| Deferred charges and accrued income490/1 | €1,512 | €73 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €103,143 | €102,340 | €91,301 | €87,733 | €46,143 | ▼ 47.4% |
| Equity10/15 | €90,529 | €99,270 | €91,229 | €87,491 | €45,272 | ▼ 48.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €76,681 | €80,670 | €80,670 | €80,670 | €80,670 | = |
| Distributable reserves133 | €76,681 | €80,670 | €80,670 | €80,670 | €80,670 | = |
| Profit (loss) carried forward14 | -€4,752 | - | -€8,040 | -€11,778 | -€53,998 | ▼ 358% |
| Amounts payable17/49 | €12,614 | €3,070 | €72 | €242 | €872 | ▲ 261% |
| Amounts payable within one year42/48 | €12,614 | €3,070 | €72 | €242 | €872 | ▲ 261% |
| Financial debts43 | €659 | €55 | - | - | - | - |
| Credit institutions430/8 | €659 | €55 | - | - | - | - |
| Trade debts44 | €208 | €689 | €72 | €242 | €872 | ▲ 261% |
| Suppliers440/4 | €208 | €689 | €72 | €242 | €872 | ▲ 261% |
| Other amounts payable47/48 | €11,748 | €2,326 | - | - | - | - |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,752 | €2,875 | -€8,040 | -€3,738 | -€42,220 | ▼ 1,030% |
| + Depreciation and write-downs630 | €1,272 | €880 | €880 | - | - | - |
| Operating cash flow (approximation) | -€3,480 | €3,755 | -€7,160 | -€3,738 | -€42,220 | ▼ 1,030% |
| Investment in fixed assets (approximation) | - | €2,352 | €0 | €0 | €0 | - |
| Change in cash | - | €1,772 | -€8,294 | -€9,151 | -€7,760 | ▲ 15.2% |
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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
31-12
Financial
Weakest financial yearnet -€42,220
Net result drops to -€42,220, the lowest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 24 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 175 days late
2023
31-12
Financial
Liquidity times 38current ratio 1269.67
Current ratio from 33.03 to 1269.67; short-term debt falls from €3,070 to €72.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2,875
Net result €2,875 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 33.03
Current ratio from 7.85 to 33.03; short-term debt falls from €12,614 to €3,070.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €32,297 ▲29.3%
Operating result €42,134, net result €32,297, both a record.
Show earlier events
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2017
Ground area
292 m²
Building footprint
103 m²
Volume, LiDAR
741 m³
Parcel 44362B0100/00T002, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AME SHIPPING
since 20172.262.339.512
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0100/00T002 | Flanders | 292 m² | 1 · 103 m² | 10.2 m · 3 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.
Similar companies · same sector, comparable size
XSPECT
BE 0784.235.496
Diksmuide · Eq €45,246
BUREAU ALGOTRA
BE 0507.589.716
Anderlecht · Eq €45,227
Tedecon Engineering Brussel
BE 0661.907.709
Watermaal-Bosvoorde · Eq €45,337
Vincent Fassaert Consulting
BE 1000.511.943
Herentals · Eq €45,164
Commax
BE 0795.731.580
Beringen · Eq €45,145
Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 4,828 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
Founded28-05-1985
Fiscal year end31-12
Abbreviation NL
C.E.
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427384077
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.