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e4e5

Active
Private limited companyfounded 2025active for 1 yearRue de Leumont(WAN) 42, 4520 Wanze, BelgiumKBO/BCE: BE 1019.293.717
Summary

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

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€30,949total assets 2025
Equity
€24,244
Profit
€21,744
Turnover not published (micro format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 113 days early
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

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 86% of its sector peers (NACE 70, micro)
Financial strength
Strong
Solvency 100
equity 78.3% of total assets
Liquidity 93
short-term debt 21.7% · cash 84.7%
Profitability 100
return on assets 70.3%
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).

Sector median 0.1% (48,420 companies, NACE 70, micro)
Last 24 months 02-2026: 0.4% 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026highest value 05-2026: < 0.1%▼ -0.4 percentage points vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.59, above the usual 1.5; short-term debt: 21.7% and cash: 84.7% of total assets), and 21.7% of the assets are financed with debt and provisions.
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

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 4.59, cash €26,214
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €24,244 (78.3% of total assets)
NBB · annual accounts
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 09-04-2026, 113 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
113 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: ENGLEBERT François Georges Marcel…

Financials · financial year 2025, micro format

Equity
€24,244
Total assets
€30,949
Net result
€21,744
Working capital
€24,083

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €30,949
Equity €24,244
Debt €6,705
Debt finances 21.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€29,650
Cash flow
€23,646
Current ratio
4.59
Debt to equity
0.28
ROE
89.7%
ROA
70.3%
Interest coverage
over 100
Debt ≤ 1 year
€6,705
Income taxes
€6,008

Peer companies

Historical observation

Of 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
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

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%.

The companies in ten equal groups, from lowest to highest expected share.
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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
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
Income statement Code2025
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
Appropriation of the result
Profit (loss) to be appropriated9906€21,744
Transfer to equity691/2€21,744
To other reserves6921€21,744

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
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
Line2025
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
Line2025
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.

Download as CSV

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

Of the 82,448 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,994. 33,871 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2025
ENGLEBERT François Georges Marcel Claude Ghislain
Director (not named in the articles) · since 30-01-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2025, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
ENGLEBERT François Georges Marcel Claude Ghislain
  • Director (not named in the articles), from 30-01-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 30-01-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 30-01-2025 Incorporation · €2,500 · 1,250 shares

Group and network

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors

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

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-01-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
09-04
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-01
Gazette deed Incorporation
Appointment: 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
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded28-01-2025
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
70100Activities of head offices
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
82990Other business support services
Contact
E-mail francois.englebert@peps-engineering.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:1019293717
Also 9925:BE1019293717
Registered 12-08-2025

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

Location & real-estate footprint
Registered office, Wanze · 1 establishment unit since 2025
registered office establishment approximate The establishment unit on the map
Ground area
848 m²
Building footprint
224 m²
Parcel 61072A0168/00H006, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Leumont(ANT) 42, 4520 Wanze
Business and other management consultancy
since 2025unit no. 2.370.187.674
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
61072A0168/00H006 Wallonia 848 m² 1 · 224 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

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)
  1. 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.
  2. 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.
  3. La prestation de tout service administratif ou social.
  4. 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.
  5. 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.
  6. 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;
  7. Acheter tous matériaux,signer tous contrats d'entreprises qui seraient nécessaires;ainsi que la gérance d'immeubles.
  8. Elle peut acheter,exploiter et construire tant pour ellemême que pour des tiers,par location ou autrement,tous parkings,garages,stationservice et d'entretien.
  9. 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 ;
  10. 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 ;
  11. 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 ;
  12. 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.;
  13. La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales,industrielles,financières,mobilières et immobilières ;
  14. 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.
  15. 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.
  16. 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.
  17. 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.
  18. 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.
  19. 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.

The full purpose is in the deed

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)

deed of 30-01-2025

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

deed of 30-01-2025

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)

deed of 30-01-2025

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

deed of 30-01-2025

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)

deed of 30-01-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, libérées à leur émission” (deed in French)
Other provision: “Seul ou conjointement déterminé par organe, gestion journalière” (deed in French)
Other provision: “Article 15 Contrôle de la société, un ou plusieurs commissaires” (deed in French)
Other provision: “Article 17 Admission assemblée générale, titulaire titres nominatifs inscrit registre titres nominatifs catégorie” (deed in French)
Other provision: “Article 18 Séances procès-verbaux, liste présences, rapports éventuels, procurations, votes par correspondance” (deed in French)
Other provision: “Prorogation assemblée générale, organe d’administration” (deed in French)
Other provision: “Répartition bénéfice réserves, assemblée générale sur proposition organe d’administration” (deed in French)
Other provision: “Acompte sur dividende, organe d’administration sous propre responsabilité conformément dispositions légales” (deed in French)
Liquidation distribution: “Apurement dettes charges frais ou consignation montants nécessaires, même proportion” (deed in French)
Other provision: “Communications,sommations,assignations,significations valablement faites, élection de domicile” (deed in French)
Other provision: “Compétence judiciaire, société,actionnaires,administrateurs,commissaires,liquidateurs affaires société exécution statuts” (deed in French)
Other provision: “Droit commun, censées non écrites” (deed in French)
1 more provision in the deed, see the deed of 30-01-2025

deed of 30-01-2025