DE SUTTER ENGINEERING
ActiveSummary
DE SUTTER ENGINEERING has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €649,600 and a net result of €133,089. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
short-term debt: 0.9% and cash: 43.6% of total assets, and 0.9% 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
Three signals. The signal on the left, the evidence on the right.
−lowers 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
99.1%
Return on assets
20.3%
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 03-07-2026, 28 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
28 d early
2024
36 d early
2023
51 d early
2022
22 d late
2021
29 d early
2020
32 d early
2019
16 d late
← 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 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€649,600▲ 5.0%
2024 · €618,511
Total assets
€655,270▲ 2.4%
2024 · €639,946
Net result
€133,089▲ 13.4%
2024 · €117,405
Working capital
€634,043▲ 5.1%
2024 · €603,411
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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€126,593▲ 1.9%€123,960▼ 2.1%€153,486▲ 23.8%€159,658▲ 4.0%€184,746▲ 15.7%
Net result€90,624above the sector's middle half▲ 1.7%€88,452above the sector's middle half▼ 2.4%€108,492above the sector's middle half▲ 22.7%€117,405above the sector's middle half▲ 8.2%€133,089above the sector's middle half▲ 13.4%
Equity€304,162above the sector's middle half▲ 42.4%€392,614above the sector's middle half▲ 29.1%€501,106above the sector's middle half▲ 27.6%€618,511above the sector's middle half▲ 23.4%€649,600above the sector's middle half▲ 5.0%
Total assets€318,957within the sector's middle half▲ 44.8%€404,761within the sector's middle half▲ 26.9%€518,690above the sector's middle half▲ 28.1%€639,946above the sector's middle half▲ 23.4%€655,270above the sector's middle half▲ 2.4%
Debt€14,796▲ 121%€12,147▼ 17.9%€17,584▲ 44.8%€21,435▲ 21.9%€5,671▼ 73.5%
Working capital€290,415▲ 45.9%€379,538▲ 30.7%€485,722▲ 28.0%€603,411▲ 24.2%€634,043▲ 5.1%
Solvency95.4%above the sector's middle half▼ 1.6pp97.0%above the sector's middle half▲ 1.6pp96.6%above the sector's middle half▼ 0.4pp96.7%above the sector's middle half=99.1%above the sector's middle half▲ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €655,270
Fixed assets
€15,557 ▲ 3.0%
Current assets
€639,713 ▲ 2.4%
Equity and liabilities €655,270
Equity
€649,600 ▲ 5.0%
Debt
€5,671 ▼ 73.5%
Debt's share of the balance-sheet total falls from 3.3% to 0.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€188,125▲
2024 · €163,246
Cash flow
€136,468▲
2024 · €120,993
Debt to equity
0.01▼
2024 · 0.03
ROE
20.5%▲
2024 · 19.0%
ROA
20.3%▲
2024 · 18.3%
Interest coverage
2850.38▲
2024 · 268.01
Debt ≤ 1 year
€5,671▼
2024 · €21,435
Income taxes
€56,477▲
2024 · €49,178
A ratio outside any meaningful range has been withheld (balance sheet total €655,270, equity €649,600).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,776 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
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 0.1% 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 497,058 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% | 1.6% |
| 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 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 6,776 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,895 | €2,273 | €2,893 | €3,588 | €3,379 | ▼ 5.8% |
| Other operating charges640/8 | €111 | €112 | €115 | €126 | €128 | ▲ 1.6% |
| Gross operating margin9900 | €128,599 | €126,345 | €156,494 | €163,372 | €188,253 | ▲ 15.2% |
| Operating profit (loss)9901 | €126,593 | €123,960 | €153,486 | €159,658 | €184,746 | ▲ 15.7% |
| Financial income75/76B | - | €0 | - | €7,535 | €4,886 | ▼ 35.2% |
| Recurring financial income75 | - | €0 | - | €7,535 | €4,886 | ▼ 35.2% |
| Financial charges65/66B | €50 | €475 | €628 | €609 | €66 | ▼ 89.2% |
| Recurring financial charges65 | €50 | €475 | €628 | €609 | €66 | ▼ 89.2% |
| Profit (loss) for the period before taxes9903 | €126,544 | €123,485 | €152,858 | €166,583 | €189,566 | ▲ 13.8% |
| Income taxes67/77 | €35,920 | €35,032 | €44,366 | €49,178 | €56,477 | ▲ 14.8% |
| Profit (loss) for the period9904 | €90,624 | €88,452 | €108,492 | €117,405 | €133,089 | ▲ 13.4% |
| Profit (loss) for the period to be appropriated9905 | €90,624 | €88,452 | €108,492 | €117,405 | €133,089 | ▲ 13.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €318,957 | €404,761 | €518,690 | €639,946 | €655,270 | ▲ 2.4% |
| Fixed assets21/28 | €13,747 | €13,076 | €15,384 | €15,099 | €15,557 | ▲ 3.0% |
| Tangible fixed assets22/27 | €13,747 | €13,076 | €15,384 | €15,099 | €15,557 | ▲ 3.0% |
| Plant, machinery and equipment23 | €13,747 | €13,076 | €4,605 | €3,133 | €2,039 | ▼ 34.9% |
| Other tangible fixed assets26 | - | - | €10,779 | €11,966 | €13,518 | ▲ 13.0% |
| Current assets29/58 | €305,210 | €391,685 | €503,306 | €624,847 | €639,713 | ▲ 2.4% |
| Amounts receivable within one year40/41 | €655 | €16,403 | €21,234 | - | €23,838 | - |
| Trade receivables40 | - | €16,009 | €17,537 | - | €18,850 | - |
| Other amounts receivable41 | €655 | €394 | €3,697 | - | €4,988 | - |
| Current investments50/53 | €62,000 | €133,583 | €205,285 | €455,285 | €330,285 | ▼ 27.5% |
| Cash at bank and in hand54/58 | €242,556 | €241,699 | €276,692 | €169,453 | €285,481 | ▲ 68.5% |
| Deferred charges and accrued income490/1 | - | - | €95 | €108 | €109 | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €318,957 | €404,761 | €518,690 | €639,946 | €655,270 | ▲ 2.4% |
| Equity10/15 | €304,162 | €392,614 | €501,106 | €618,511 | €649,600 | ▲ 5.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €284,938 | €374,014 | €482,506 | €599,911 | €631,000 | ▲ 5.2% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Own shares acquired1312 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €283,078 | €372,154 | €482,506 | €599,911 | €631,000 | ▲ 5.2% |
| Profit (loss) carried forward14 | €624 | - | - | - | - | - |
| Amounts payable17/49 | €14,796 | €12,147 | €17,584 | €21,435 | €5,671 | ▼ 73.5% |
| Amounts payable within one year42/48 | €14,796 | €12,147 | €17,584 | €21,435 | €5,671 | ▼ 73.5% |
| Trade debts44 | €233 | €282 | €249 | €268 | €220 | ▼ 17.7% |
| Suppliers440/4 | €233 | €282 | €249 | €268 | €220 | ▼ 17.7% |
| Taxes, remuneration and social security45 | €14,563 | €11,865 | €17,335 | €19,775 | €5,433 | ▼ 72.5% |
| Taxes450/3 | €14,563 | €11,865 | €17,335 | €19,775 | €5,433 | ▼ 72.5% |
| Other amounts payable47/48 | - | - | - | €1,393 | €17 | ▼ 98.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €90,624 | €88,452 | €108,492 | €117,405 | €133,089 | ▲ 13.4% |
| + Depreciation and write-downs630 | €1,895 | €2,273 | €2,893 | €3,588 | €3,379 | ▼ 5.8% |
| Operating cash flow (approximation) | €92,519 | €90,725 | €111,385 | €120,993 | €136,468 | ▲ 12.8% |
| Investment in fixed assets (approximation) | - | -€1,601 | -€5,201 | -€3,304 | -€3,837 | ▼ 16.1% |
| Change in cash | - | -€857 | €34,993 | -€107,239 | €116,028 | ▲ 208% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €133,089 ▲13.4%
Operating result €184,746, net result €133,089, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 112.81
Current ratio from 29.15 to 112.81; short-term debt falls from €21,435 to €5,671.
01-08
State Gazette act
General meeting · Director reappointment
Permanent representative · Board meeting
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500,000Eq €501,106 ▲27.6%
6 profitable years in a row build equity to €501,106.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200,000Eq €213,538 ▲71.6%
3 profitable years in a row build equity to €213,538.
16-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 16 days late
Show earlier events
2019
31-12
Financial
Equity above €100,000Eq €124,467 ▲157%
2 profitable years in a row build equity to €124,467.
30-12
State Gazette act
General meeting · Director resignation
Permanent representative · Director reappointment
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB 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, Roeselare · 1 establishment unit since 2018
Ground area
1,191 m²
Building footprint
205 m²
Volume, LiDAR
1,134 m³
Parcel 36015A0806/00G000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE SUTTER ENGINEERING
since 20182.271.976.758
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0806/00G000 | Flanders | 1,191 m² | 1 · 205 m² | 9.2 m · 2 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.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 32,326 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
Founded04-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0687516303
Also
9925:BE0687516303
Registered
08-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.