Financials
- Fiscal year
- 2025
- Total assets
- €1.8m
- Profit
- €137,002
- Solvency
- 64.3%
Total assets▲ 0.4%
Net result
20192025
CSP Engineering
ActiveSummary
CSP Engineering has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €137,002. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 2488 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121NACE 74203
#3 company by total assets in Dessel, Professional and technical services sector1 site
Size
€1.8mtotal assets 2025
- Staff
- 1.7 FTE
- Equity
- €1.1m
- Profit
- €137,002
Turnover not published (abridged schema)
Structure
- Parent
- Propar · 100%
Accounts filed 39 d late0 of 3 deeds read
Why 94- Latest accounts 40 days late; 1 of the last 3 late+ Liquidity: current ratio 3.74, cash €316,048+ Founded in 1993+ Equity €1.1m (64.3% of total assets)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 50% of its sector peers (NACE 71, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
89-1
equity 64.3% of total assets
Liquidity
67-7
short-term debt 17.8% · cash 17.9%
Profitability
78-10
return on assets 7.7%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%▲ +3.8% vs 11-2024
01-2025: 0.1%● 0.0% vs 12-2024
02-2025: 0.1%● 0.0% vs 01-2025
03-2025: 0.1%● 0.0% vs 02-2025
04-2025: 0.1%▼ -1.2% vs 03-2025
05-2025: 0.1%● 0.0% vs 04-2025
06-2025: 0.1%● 0.0% vs 05-2025
07-2025: 0.1%● 0.0% vs 06-2025
08-2025: 0.1%● 0.0% vs 07-2025
09-2025: 0.1%● 0.0% vs 08-2025
10-2025: 0.1%▲ +2.4% vs 09-2025
11-2025: 0.1%▲ +7.1% vs 10-2025
12-2025: 0.1%▲ +7.8% vs 11-2025
01-2026: 0.1%▲ +21.6% vs 12-2025
02-2026: 0.2%▲ +71.2% vs 01-2026
03-2026: 0.3%▲ +26.7% vs 02-2026highest value
04-2026: 0.2%▼ -39.5% vs 03-2026
05-2026: < 0.1%▼ -69.7% vs 04-2026lowest value
06-2026: < 0.1%● 0.0% vs 05-2026lowest value
07-2026: < 0.1%● 0.0% vs 06-2026lowest value
08-2026: < 0.1%▲ +2.1% vs 07-2026
09-2026: < 0.1%▼ -2.1% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Liquidity: current ratio 3.74, cash €316,048 lowers the probability
- Founded in 1993 lowers the probability for this profile
- Equity €1.1m (64.3% of total assets) lowers the probability
- Latest accounts 40 days late; 1 of the last 3 late raises the probability
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 3.74 against 2.86 in 2024; short-term debt: 17.8% and cash: 17.9% of total assets), and 35.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, micro). Better than this share of them on solvency 62%, liquidity 55%, profitability 46%, growth against the median 37%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-03-2026, 39 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
39 d late
2024
43 d early
2023
26 d late
2022
32 d early
2021
32 d early
2020
38 d early
2019
4 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 12 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 December (4 of the last 5 filed years within 58 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close05-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
Key points
- Caution: Staff fell in 2025from 5.3 FTE to 1.7 FTE ▼ 67.9% View
- Positive: Company by total assets in Dessel, Professional and…in the Checked rankings #3 View
- Controlled by Propar 100% View
- Positive: 7 profitable years in a rowprofit 2025: €137,002 7 years View
- Flemish supportawarded 2022 - 2025 €380,011 View
By topic
Board & ownership
- Parent
- Propar · 100%
Timeline
- Events
- 12
- Since
- 2016
- Next accounts
- by 31-01-2027
- 11-03-2026Annual accounts filed
- 19-12-2024Annual accounts filed
- 26-02-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Founded
- 28-12-1993
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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