e4e5
ActiveSummary
e4e5 has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,244 and a net result of €21,744. Its solvency ranks better than 75% of 39,131 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €24,244
- Profit
- €21,744
Why 98raises riskFounded in 2025lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 4.59, cash €26,214Equity €24,244 (78.3% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 86% on solvency, 86% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: ENGLEBERT François Georges Marcel…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
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 497,475 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% | 0.9% |
| 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 74.5% 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 11,280 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.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,902 |
| Other operating charges640/8 | €2,815 |
| Gross operating margin9900 | €32,465 |
| Operating profit (loss)9901 | €27,748 |
| Financial income75/76B | €4 |
| Recurring financial income75 | €4 |
| Financial charges65/66B | €1 |
| Recurring financial charges65 | €1 |
| Profit (loss) for the period before taxes9903 | €27,751 |
| Income taxes67/77 | €6,008 |
| Profit (loss) for the period9904 | €21,744 |
| Profit (loss) for the period to be appropriated9905 | €21,744 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €30,949 | |
| Formation expenses20 | €161 | |
| Current assets29/58 | €30,788 | |
| Amounts receivable within one year40/41 | €4,574 | |
| Trade receivables40 | €1,608 | |
| Other amounts receivable41 | €2,966 | |
| Cash at bank and in hand54/58 | €26,214 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €30,949 | |
| Equity10/15 | €24,244 | |
| Contributions10/11 | €2,500 | |
| Reserves13 | €21,744 | |
| Distributable reserves133 | €21,744 | |
| Amounts payable17/49 | €6,705 | |
| Amounts payable within one year42/48 | €6,705 | |
| Trade debts44 | €1,385 | |
| Suppliers440/4 | €1,385 | |
| Taxes, remuneration and social security45 | €5,321 | |
| Taxes450/3 | €5,321 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €21,744 |
| + Depreciation and write-downs630 | €1,902 |
| Operating cash flow (approximation) | €23,646 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 09-04-2026 | 2026-00077173 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| ENGLEBERT François Georges Marcel Claude Ghislain |
|
Owners and capital
Capital and shareholders
- ENGLEBERT François Georges Marcel Claude Ghislain 1,250 shares (100%) · €2,500 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 30-01-2025 Incorporation · €2,500 · 1,250 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
On 28 January 2025, e4e5 was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 ENGLEBERT François Georges Marcel Claude Ghislain has served as director of the company since 2025.2 The company has filed annual accounts once, for financial year 2025.3
Acts, filings and financial milestones
30-01
Gazette deed
IncorporationAppointment: ENGLEBERT François Georges Marcel Claude Ghislain (director) · Permanent representative: ENGLEBERT François Georges Marcel Claude Ghislain · Founder16 facts ▸
- Incorporation, “e4e5” (deed in French)
- Founder, ENGLEBERT François Georges Marcel Claude Ghislain
- Founding capital, €2,500
- Other provision, “dépôt des fonds libérés, conformément à la loi” (deed in French)
- Other provision, “statuts arrêtés” (deed in French)
- Capital
- Other provision, “Article 8 Nature des actions” (deed in French)
- Other provision, “Article 9 Indivisibilité des titres” (deed in French)
- Other provision, “Article 10 Cession d'actions” (deed in French)
- General meeting, “conformément à la loi, actionnaires après constitution” (deed in French)
- Registered office clause, “4520 Antheit, Rue de Leumont 42” (deed in French)
- Other provision, “francois.englebert@peps-engineering.be, adresse électronique société” (deed in French)
- +4 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 61072A0168/00H006 | Wallonia | 848 m² | 1 · 224 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Les prestations de services,de conseil,de gestion et d’organisation d’entreprises,notamment mais non exclusivement : gestion journalière de…” (deed in French)
19 activities (deed in French)
- Les prestations de services,de conseil,de gestion et d’organisation d’entreprises,notamment mais non exclusivement : gestion journalière de société,secrétariat,analyses de marché,études économiques,analyses financières,organisation et gestion des ressources humaines,administrative,mise en place de structure financière,opération de type venture capital,fusion et acquisition ou autres. Toutes fonctions de consultance et/ou de service liées aux domaines précités.
- Toutes prestations d’intermédiaire commercial pour la vente,l’achat,la distribution,l’importation ou l’exportation,en gros ou en détail,de tous produits ou services généralement quelconques.
- La prestation de tout service administratif ou social.
- La réalisation de prestations de services dans le domaine de l’ingénierie et notamment : les études,analyses,conseils,plans,calculs et conceptions techniques relatifs à des projets industriels,architecturaux,infrastructurels ou technologiques,l’assistance technique,la gestion de projets et la coordination d’équipes spécialisées,la recherche et le développement de solutions innovantes dans les domaines de l’ingénierie.
- L'achat,l'échange,la vente,la prise en location et en souslocation,ainsi que la cession en location et en souslocation,le tout avec ou sans option d'achat,l'exploitation et l'entretien de maisons,appartements,bureaux,magasins,fonds de commerce,terrains,terres et domaines,et de manière générale,de tous biens immobiliers,ainsi que toutes opérations de financement.
- Elle pourra ériger toutes constructions pour son compte ou pour compte de tiers,en tant que maître de l'ouvrage ou entrepreneur général,et effectuer,éventuellement aux biens immobiliers,des transformations et mises en valeur ainsi que l'étude et l'aménagement de lotissements y compris la construction de routes et égouts;souscrire des engagements en tant que conseiller en construction;
- Acheter tous matériaux,signer tous contrats d'entreprises qui seraient nécessaires;ainsi que la gérance d'immeubles.
- Elle peut acheter,exploiter et construire tant pour ellemême que pour des tiers,par location ou autrement,tous parkings,garages,stationservice et d'entretien.
- L'étude et la réalisation de tous travaux de construction,publics et privés,en qualité d'entrepreneur général ou en sous-traitance,la conception et la construction de tous bâtiments et édifices,l'étude et la réalisation de décorations tant intérieures qu'extérieures ;
- Toutes opérations se rapportant directement ou indirectement à l'entretien,la rénovation,les travaux de réparations,d'embellissements,de renouvellement et de modernisation,et la maintenance de tous les types d'ouvrages d'art,de biens immeubles,et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment ;
- L'acquisition de tous terrains,la construction de tous bâtiments publics et particuliers,l'achat,la vente,la location,la division et le lotissement de tous immeubles ;
- La prise en considération de tous travaux concernant la distribution de l'eau,du gaz,de l'électricité,etc.,l'établissement et l'exploitation de tous moyens de transport,ports,canaux,routes,etc.;
- La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales,industrielles,financières,mobilières et immobilières ;
- L’acceptation et l’exercice de mandats de gérant,d’administrateur,de liquidateur et de membre de comité de direction dans toutes sociétés,entreprises ou associations.
- Elle peut recevoir ou emprunter les fonds nécessaires à ses activités,sous réserve des dispositions légales et réglementaires relatives à l’épargne publique ;ainsi que se porter caution,donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non.
- La société pourra notamment prendre,acquérir,aliéner,exploiter ou concéder,prendre ou donner en location tous fonds de commerce,tous brevets,licences,marques de fabrique et de commerce ou procédés de fabrication relatifs à son objet.
- La société peut réaliser son objet social pour son compte,en tous lieux,de toutes les manières et selon les modalités qui lui paraissent les mieux appropriées.
- La société pourra réaliser toutes opérations généralement quelconques,commerciales,industrielles,financières,mobilières ou immobilières ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à en faciliter la réalisation.
- Elle pourra s'intéresser,par voie d'apport,de fusion,de scission,de participation,de souscription et par tout autre moyen,dans toutes sociétés,entreprises ou associations ayant un objet similaire ou connexe au sien,ou de nature à favoriser la réalisation de son objet,à lui procurer des matières premières ou à faciliter l'écoulement de ses produits et services.
- Name clauseThe name the company operates under according to its articles.
- E4e5
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, simple décision” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, un ou plusieurs administrateurs” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Share issue ruleHow and by whom new shares can be issued.
- “Actions nouvelles à souscrire en numéraire, actions restantes par priorité aux actionnaires ayant exercé totalité droit jusqu'à souscription…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “À tout temps par assemblée générale formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Désigner liquidateurs déterminer pouvoirs émoluments, administrateurs en fonction si aucun autre désigné” (deed in French)