Equity
€221,881 ▲ 48.1%
Equity rose in 2025 from €149,846 to €221,881.
CSE
Lifetime
8 annual accounts with figures on one time axispeak €143,683 (2023)
€92,507▼ 17.7%
lowest -€29,564 (2021)
€72,034▼ 16.3%
peak €221,881 (2025)
€221,881▲ 48.1%
€14,409▼ 76.2%
Board2 names since 2017
2 directors and 1 other
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €112,399 to €92,507Equity from €149,846 to €221,881Debts from €60,523 to €14,409Investments €7,172Cash from €135,267 to €41,774
Key points
from the 2025 annual accountsTurnover
≈ €200,000 estimated
The micro format states no turnover.
Investments
€7,172 2.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
15.97 was 3.44 in 2024
Short-term debts fell from €60,523 to €14,409.
Filings
8 annual accounts 5 late
The 2023 accounts came latest: 61 days after the end of the period.
Position in the sector
93.9%
Higher solvency than 94% of companies in architecture and engineering. Sector median 54.0% · 12,247 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as CSE has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,969 companies, not a prediction for CSE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 04-07-2017
Director, since 04-07-2018
- founderdeed of 09-07-2018
- founderdeed of 09-07-2018
Recent changes
2 managers resigning, 2 directors reappointed
Resignations: (director, formerly manager) and (director, formerly manager) · Reappointments: (director) and (director) · General meeting of 05-01-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0699648726
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Appointments: (manager) and (manager) · published on 09-07-2018 · Gazette deed
First establishment
Antwerpsesteenweg 306, Beveren-Kruibeke-Zwijndrecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CSE Beveren-Kruibeke-Zwijndrecht | €236,289 | €92,507 | 93.9% | - |
| W&S ENGINEERING Bonheiden | €279,538 | €103,702 | 6.7% | - |
| Storm 51 Antwerp | €297,772 | €92,271 | -95.6% | 0 |
| Consultancy for Process Safety and Asset Integrity Berlaar | €232,984 | €89,804 | 89.0% | - |
| thideworks Brussels | €247,172 | €101,719 | 55.3% | 0 |
| RUWETTE Herve | €238,968 | €99,987 | 0.8% | - |
| Ingenieurbüro Schneiders Lontzen | €215,526 | €101,266 | 35.9% | - |
These companies have the same main activity as CSE: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €216,000 and €298,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 05-07-2018Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
- Establishment unit
- 2.277.563.9582070 Beveren-Kruibeke-Zwijndrecht, since 05-07-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Annual accounts 2025
- €236,289▲ 12.3%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on CSE
CSE files the micro format. That format states no turnover. The gross margin rose from €9,159 in 2018 to €92,507 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CSE
- What is the company number of CSE?
- The company number of CSE is 0699.648.726. The VAT number is the same number with BE in front: BE 0699.648.726.
- Where is CSE based?
- The registered office is at Antwerpsesteenweg 306, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
- What does CSE do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of CSE?
- CSE is a private limited company (BV).
- When was CSE founded?
- CSE was founded on 05-07-2018.
- Is CSE still active?
- Yes, CSE is an active enterprise in the KBO register.
- What is the turnover of CSE?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €92,507 and 44 comparable companies (NACE 711). It probably lies between €150,000 and €270,000.Financials
- Is CSE profitable?
- In financial year 2025, CSE made a profit of €72,034.
- Where can I find the annual accounts of CSE?
- CSE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CSE due?
- CSE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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