Skip to content

EFA ENGINEERING

Active
Private limited company (pre-2019)founded 1989active for 37 yearsMenenstraat 20, 7700 Mouscron, Belgium43 active companies are registered at this addressKBO/BCE: BE 0438.070.311

From the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

EFA ENGINEERING has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,189 and a net result of €2,531. Equity is shrinking by about 3.9% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00135435.

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
30-09-2025
Filed on
31-05-2026
Format
micro format
Reference
2026-00135435
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2,531▲ 6.8%
2024 · €2,370
Working capital
€166,189▲ 1.5%
2024 · €163,659
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €411 in 2025 against €787 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€411 2025 Net result€2,531 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€520--€1,046▼ 101%-€725▲ 30.7%-€1,469▼ 103%-€448▲ 69.5%-€787▼ 75.7%-€411▲ 47.8%
Net result€2,027-€2,548▲ 25.7%€2,962▲ 16.3%€2,436▼ 17.7%€2,630▲ 8.0%€2,370▼ 9.9%€2,531▲ 6.8%
Equity€200,713-€203,260▲ 1.3%€206,222▲ 1.5%€158,658▼ 23.1%€161,289▲ 1.7%€163,659▲ 1.5%€166,189▲ 1.5%
Total assets€217,212-€204,436▼ 5.9%€207,720▲ 1.6%€209,545▲ 0.9%€162,246▼ 22.6%€164,522▲ 1.4%€167,137▲ 1.6%
Debt€16,500-€1,176▼ 92.9%€1,498▲ 27.4%€50,887▲ 34×€958▼ 98.1%€863▼ 9.9%€948▲ 9.9%
Working capital€200,713-€203,260▲ 1.3%€206,222▲ 1.5%€158,658▼ 23.1%€161,289▲ 1.7%€163,659▲ 1.5%€166,189▲ 1.5%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €167,137
Equity €166,189 ▲ 1.5%
Debt €948 ▲ 9.9%
Debt's share of the balance-sheet total stays at 0.6%.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.01▲
2024 · 0.01
ROE
1.5%▲
2024 · 1.4%
ROA
1.5%▲
2024 · 1.4%
Debt ≤ 1 year
€948▲
2024 · €863
Income taxes
€948▲
2024 · €863
A ratio outside any meaningful range has been withheld (balance sheet total €167,137, equity €166,189).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% 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 0.3% 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 497,445 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 17,041 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 against 2024 · 32 lines

Source: Annual accounts 2025 (PDF), filed with the National Bank on 31-05-2026.

Balance sheet Code20242025
Assets
Total assets20/58€164,522€167,137▲
Current assets29/58€164,522€167,137▲
Amounts receivable after more than one year29€160,000€160,000=
Other amounts receivable291€160,000€160,000=
Amounts receivable within one year40/41€4,411€7,137▲
Other amounts receivable41€4,411€7,137▲
Cash at bank and in hand54/58€111-
Equity and liabilities
Total equity and liabilities10/49€164,522€167,137▲
Equity10/15€163,659€166,189▲
Contributions10/11€18,592€18,592=
Reserves13€62,780€62,780=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Distributable reserves133€60,921€60,921=
Profit (loss) carried forward14€82,287€84,817▲
Amounts payable17/49€863€948▲
Amounts payable within one year42/48€863€948▲
Taxes, remuneration and social security45€863€948▲
Taxes450/3€863€948▲
Income statement Code20242025
Other operating charges640/8€787€411▼
Gross operating margin9900€0-
Operating profit (loss)9901-€787-€411▲
Financial income75/76B€4,020€4,000▼
Recurring financial income75€4,020€4,000▼
Financial charges65/66B-€111
Recurring financial charges65-€111
Profit (loss) for the period before taxes9903€3,233€3,478▲
Income taxes67/77€863€948▲
Profit (loss) for the period9904€2,370€2,531▲
Profit (loss) for the period to be appropriated9905€2,370€2,531▲
Appropriation of the result
Profit (loss) to be appropriated9906€82,287€84,817▲
Profit (loss) brought forward from the previous period14P€79,917€82,287▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line2019202020212022202320242025Change
Other operating charges640/8--€348€348€384€787€411▼ 47.8%
Gross operating margin9900-€520-€592-€378-€1,121-€64€0--
Operating profit (loss)9901-€520-€1,046-€725-€1,469-€448-€787-€411▲ 47.8%
Financial income75/76B--€4,825€4,825€4,135€4,020€4,000▼ 0.5%
Recurring financial income75€4,075€4,825€4,825€4,825€4,135€4,020€4,000▼ 0.5%
Financial charges65/66B--€60€33€99-€111-
Recurring financial charges65€547€55€60€33€99-€111-
Profit (loss) for the period before taxes9903€2,963€3,724€4,040€3,323€3,588€3,233€3,478▲ 7.6%
Income taxes67/77€936€1,176€1,078€887€958€863€948▲ 9.9%
Profit (loss) for the period9904€2,027€2,548€2,962€2,436€2,630€2,370€2,531▲ 6.8%
Profit (loss) for the period to be appropriated9905€2,027€2,548€2,962€2,436€2,630€2,370€2,531▲ 6.8%
Line2019202020212022202320242025Change
Assets
Total assets20/58€217,212€204,436€207,720€209,545€162,246€164,522€167,137▲ 1.6%
Current assets29/58€217,212€204,436€207,720€209,545€162,246€164,522€167,137▲ 1.6%
Amounts receivable after more than one year29--€193,000€193,000€160,000€160,000€160,000=
Other amounts receivable291--€193,000€193,000€160,000€160,000€160,000=
Amounts receivable within one year40/41€5,309€10,151€13,800€15,456€1,256€4,411€7,137▲ 61.8%
Trade receivables40--€1,218-----
Other amounts receivable41--€12,582€15,456€1,256€4,411€7,137▲ 61.8%
Cash at bank and in hand54/58€48,904€1,286€921€1,090€991€111--
Equity and liabilities
Total equity and liabilities10/49€217,212€204,436€207,720€209,545€162,246€164,522€167,137▲ 1.6%
Equity10/15€200,713€203,260€206,222€158,658€161,289€163,659€166,189▲ 1.5%
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592€18,592=
Reserves13€62,780€62,780€62,780€62,780€62,780€62,780€62,780=
Non-distributable reserves130/1--€1,859€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311--€1,859€1,859€1,859€1,859€1,859=
Distributable reserves133--€60,921€60,921€60,921€60,921€60,921=
Profit (loss) carried forward14€119,341€121,888€124,850€77,286€79,917€82,287€84,817▲ 3.1%
Amounts payable17/49€16,500€1,176€1,498€50,887€958€863€948▲ 9.9%
Amounts payable within one year42/48€16,500€1,176€1,498€50,887€958€863€948▲ 9.9%
Trade debts44--€420-----
Suppliers440/4--€420-----
Taxes, remuneration and social security45--€1,078€887€958€863€948▲ 9.9%
Taxes450/3--€1,078€887€958€863€948▲ 9.9%
Other amounts payable47/48---€50,000----
Line2019202020212022202320242025Change
Profit (loss) for the period9904€2,027€2,548€2,962€2,436€2,630€2,370€2,531▲ 6.8%
Operating cash flow (approximation)€2,027€2,548€2,962€2,436€2,630€2,370€2,531▲ 6.8%
Change in cash--€47,618-€365€169-€99-€880--

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

Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 31-05-2026 2026-00135435 PDF
30-09-2024 micro format 27-05-2025 2025-00109385 PDF
30-09-2023 micro format 13-05-2024 2024-00086438 PDF
30-09-2022 micro format 08-05-2023 2023-00084526 PDF
30-09-2021 micro format 31-05-2022 2022-20044462 PDF
30-09-2020 full format 26-05-2021 2021-16100501 PDF
30-09-2019 full format 30-04-2020 2020-11500552 PDF
30-09-2018 full format 19-12-2018 2018-75200031 PDF
30-09-2017 full format 21-02-2018 2018-05500395 PDF
30-09-2016 full format 28-02-2017 2017-05400459 PDF

Show all 33 filings

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