Result
€12,263 ▼ 81.3%
The result fell in 2025 from €65,678 to €12,263.
EFFICIENCY SUBCONTRACTING
Overview
Lifetime
2 annual accounts with figures on one time axispeak €115,375 (2025)
€115,375▲ 28.0%
peak €65,678 (2024)
€12,263▼ 81.3%
peak €82,941 (2025)
€82,941▲ 17.4%
€410,624▲ 350%
Board2 names since 2023
2 directorsGautier Hervé BOLLE and 1 other
Documentsfilings and deeds
28-10-202689 days late
2025micro format
Gross margin from €90,160 to €115,375Result from €65,678 to €12,263Equity from €70,678 to €82,941Debts from €91,311 to €410,624Investments €378,544
Key points
from the 2025 annual accountsTurnover
≈ €230,000 estimated
The micro format states no turnover.
Debts
€410,624 ▲ 350%
Debts rose by €319,313 in 2025.
Investments
€378,334 34.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.78 was 1.72 in 2024
Short-term debts rose from €91,311 to €155,766.
Position in the sector
16.8%
Lower solvency than 80% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.
2025 accounts filed 89 days after the deadline
Checked score
68
Healthy
Financially stronger than 36% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.7%▲ +0.1 percentage points vs 02-2025
04-2025: 0.6%▼ -0.1 percentage points vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025highest value
08-2025: 0.7%● unchanged vs 07-2025highest value
09-2025: 0.1%▼ -0.6 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%▲ +0.1 percentage points vs 08-2026
10-2026: 0.7%▲ +0.4 percentage points vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 89 days late; 2 of the last 3 accounts late
Profit of €12,263 (financial year 2025)
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €493,566
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 20% of them on solvency, 41% on liquidity, 17% on profitability and 65% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,542 companies had the same profile as EFFICIENCY SUBCONTRACTING has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EFFICIENCY SUBCONTRACTING itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,542 companies, not a prediction for EFFICIENCY SUBCONTRACTING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.78 (1.72 in 2024), below 1. Short-term debt is 31.6% and cash 15.4% of total assets. 83.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 11794 sector peers (2025).
NBB · sector comparisonPosition among 11794 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · 2025 accounts filed 89 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-10-2026, 89 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
89 days late
2024
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 60 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Capital increase of €150,000 to €155,000
Capital from €5,000 to €155,000, 100 new shares · Appointment: BRUGGEMAN Nicolas Daniel Christian (director) · BRUGGEMAN Nicolas Daniel Christian holds 33 shares · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803410022
First establishment
Avenue Roi Albert 182, Andenne
Incorporation
Founding capital of €5,000, 100 shares · Founder: Gautier Hervé BOLLE · Appointment: Gautier Hervé BOLLE (director) · published on 04-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EFFICIENCY SUBCONTRACTING Andenne | €493,566 | €115,375 | 16.8% | - |
| HR CERTIF Philippeville | €461,817 | €104,996 | 17.2% | - |
| Anelco Projects Pajottegem | €480,437 | €122,526 | 36.5% | - |
| NextGen Palm Oil Technologies Wavre | €469,162 | €127,715 | 44.3% | - |
| IDE-TACK Waregem | €513,509 | €126,635 | 13.4% | - |
| KaVeWe Lochristi | €408,957 | €121,555 | 11.8% | - |
| BA Consulting Ganshoren | €504,677 | €92,834 | 12.4% | - |
These companies have the same main activity as EFFICIENCY SUBCONTRACTING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €409,000 and €514,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 30-06-2023Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 5 others
- Establishment unit
- 2.347.305.3745300 Andenne, since 19-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2025
- €115,375▲ 28.0%
- €12,263▼ 81.3%
- €82,941▲ 17.4%
- €493,566▲ 205%
- 1 FTE
- Filing
- Filed on 28-10-2026
Insights on EFFICIENCY SUBCONTRACTING
EFFICIENCY SUBCONTRACTING has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82,941 and a net result of €12,263.
Its solvency ranks better than 19% of 11,794 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-10-2026, 89 days late€115,375
▲ 28.0%
€60,809
▼ 30.8%
€12,263
▼ 81.3%
-€34,901
▼ €100,579
16.8%
▼ 26.8 percentage points
0.78
▼ 0.94
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €180,000 and €300,000.
Balance sheet
balance sheet total €493,566 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
16.8%
Higher than 19% of 11,794 companies in 2025.
0.78
Higher than 13% of 11,521 companies in 2025.
2.5%
Higher than 27% of 11,605 companies in 2025.
EFFICIENCY SUBCONTRACTING
Middle half of the sector
80% of the sector
Micro accounts in architecture and engineering (NACE 71)
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€42,399
Staff costs divided by the average number of full-time equivalents.
+1 person
people who joined
people who left
In 2025, 2 people joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
493,566 | 161,990 | |
21/28 |
372,701 | 5,000 | |
22/27 |
367,491 | - | |
22 |
330,928 | - | |
24 |
36,562 | - | |
28 |
5,210 | 5,000 | |
29/58 |
120,865 | 156,990 | |
40/41 |
43,743 | 64,103 | |
40 |
37,243 | 59,103 | |
41 |
6,500 | 5,000 | |
54/58 |
76,193 | 90,765 | |
490/1 |
928 | 2,122 | |
| Balance sheet: equity and liabilities | |||
10/49 |
493,566 | 161,990 | |
10/15 |
82,941 | 70,678 | |
10/11 |
5,000 | 5,000 | |
14 |
77,941 | 65,678 | |
17/49 |
410,624 | 91,311 | |
17 |
254,859 | - | |
170/4 |
254,859 | - | |
42/48 |
155,766 | 91,311 | |
42 |
16,418 | - | |
44 |
2,000 | 1,152 | |
440/4 |
2,000 | 1,152 | |
45 |
44,931 | 32,958 | |
450/3 |
39,051 | 32,958 | |
454/9 |
5,880 | - | |
47/48 |
92,417 | 57,201 | |
| Income statement | |||
9900 |
115,375 | 90,160 | |
62 |
42,399 | 276 | |
630 |
10,843 | - | |
640/8 |
1,323 | 2,025 | |
9901 |
60,809 | 87,858 | |
75/76B |
165 | 70 | |
75 |
165 | 70 | |
65/66B |
42,081 | 1,061 | |
65 |
42,081 | 1,061 | |
9903 |
18,893 | 86,868 | |
67/77 |
6,630 | 21,189 | |
9904 |
12,263 | 65,678 | |
9905 |
12,263 | 65,678 | |
| Appropriation of the result | |||
9906 |
77,941 | 65,678 | |
14P |
65,678 | - | |
| Social balance sheet | |||
9087 |
1 | - | |
| Document | |||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 89 days after the deadline. Filed on 28 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00570781.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 71,652 | - | ||
| 23,106 | - | ||
| 378,544 | 5,000 | ||
| -14,572 | - | ||
| -34,901 | 65,678 | ||
| 16.8% | 43.6% | ||
| 0.78 | 1.72 | ||
| 4.95 | 1.29 | ||
| 14.8% | 92.9% | ||
| 2.5% | 40.5% | ||
| 1.70 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| in full-time equivalents | 1 |
| 1 | |
| On a permanent contract | 1 |
| Joined | 2 |
| Left | 1 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €378,334 | - |
| Financial fixed assets | €210 | €5,000 |
| €10,843 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on EFFICIENCY SUBCONTRACTING
The operating result for 2025 is 31% lower than in 2024.
Debt's share of the balance-sheet total rises from 56.4% to 83.2%. Equity and debt are higher.
Board & ownership
Board
2 directors, no change since April 2026Director (not named in the articles)
since 01-06-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 28-10-2026
Director (not named in the articles)
since 01-04-2026
term without a fixed end
listed in the 2025 annual accounts, filed on 28-10-2026
Mandates through the years
2 names, the dashed line is todayGautier Hervé BOLLE
Director (not named in the articles)
Director (not named in the articles)
BRUGGEMAN Nicolas Daniel Christian
Director (not named in the articles)
Director (not named in the articles)
Boardmandate already running before its first mention
Mandates as a list
- Gautier Hervé BOLLE
- Director (not named in the articles), from 01-06-2023 to date
- BRUGGEMAN Nicolas Daniel Christian
- Director (not named in the articles), since before 31-12-2025
Control
share not stated
This company
EFFICIENCY SUBCONTRACTING
Equity €82,941
Profit €12,263 in 2025
Capital
- Contribution
- €155,000
- Shares
- 200 in the deed of 04-07-2023 and 1 later capital increase
- Contribution per share
- €775
- Equity per share
- €415 in 2025
- Source
- deed of 03-04-2026
Articles of association
deed of 04-07-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement si plusieurs, cessions entre vifs onéreuses ou gratuites,volontaires ou forcées dont…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Capital transactions
Shareholders according to the deeds
After the capital increase
deed of 03-04-2026 ↗
- BRUGGEMAN Nicolas Daniel Christian 33 shares · €49,500
- SOCIETE NICOLAS BRUGGEMAN (BE 1034.590.221) 67 shares · €100,500
Stated in the deed
deed of 03-04-2026 ↗
- BRUGGEMAN Nicolas Daniel Christian 33 shares
- SOCIETE NICOLAS BRUGGEMAN (BE 1034.590.221) 67 shares
At incorporation
deed of 04-07-2023 ↗
- Gautier Hervé BOLLE 100 shares (100%) · €5,000 in cash
Capital over time
- 03-04-2026 Capital increase of €150,000 · to €155,000 · 100 new shares at €1,500 per share · in cash
- 04-07-2023 Incorporation · €5,000 · 100 shares
Network & group
No group
EFFICIENCY SUBCONTRACTING has no parent and no holdings in its annual accounts.
The LEI register names no parent.
At the same address
Avenue Roi Albert 182, 5300 Andenne · 2 other companies| Mecanovation
registered office since 10-07-2024 · founded in 2024 |
total assets €27,113 (2025) 1011.427.017 |
| Bolle, Gautier (sole trader)
establishment since 01-10-2013 |
founded in 2021 0538.809.858 |
Connections & network
2 current directorsThe network starts from the directors of EFFICIENCY SUBCONTRACTING. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
6 events since 2023Board
Capital
Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 89 days late
Capital increase of €150,000 to €155,000Capital from €5,000 to €155,000, 100 new shares · Appointment: BRUGGEMAN Nicolas Daniel Christian (director) · BRUGGEMAN Nicolas Daniel Christian holds 33 shares5 points ▸
- Capital increase, €150,000
- BRUGGEMAN Nicolas Daniel Christian holds 33 shares
- SOCIETE NICOLAS BRUGGEMAN holds 67 shares
- Amendment of the articles, article 5
- Director appointment, BRUGGEMAN Nicolas Daniel Christian (director (not named in the articles))
- The deed holds 3 more points.
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803410022
Annual accounts 2024 filed PDFmicro format · 31 days late
2023
First establishment Avenue Roi Albert 182, Andenne
IncorporationFounding capital of €5,000, 100 shares · Founder: Gautier Hervé BOLLE · Appointment: Gautier Hervé BOLLE (director) · published on 04-07-20235 points ▸
- Founder, Gautier Hervé BOLLE
- Founding capital, €5,000, 100 shares
- Registered office clause, Avenue Roi Albert 182 à 5300 Andenne
- Board rule, 1
- Director appointment, Gautier Hervé BOLLE (director (not named in the articles))
- The deed holds 7 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 30 June 2023, EFFICIENCY SUBCONTRACTING was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 A capital increase in 2026 brought the capital to €155,000.3 Of the 2 current board members, Gautier Hervé BOLLE has served longest, since 2023.4
Company details
Identity
- Enterprise number
- 0803.410.022
- VAT number
- BE 0803.410.022
- Peppol ID
- 0208:0803410022
- LEI code
- 25490046U5BTRXBU8E83 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 30-06-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 18:00deed of 04-07-2023 (in French)
- Peppol
- Reachable since 31-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EFFICIENCY SUBCONTRACTING in French
- Abbreviation
- E.S. in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 04-07-2023 (in French)
Activities
NACEBEL 2025VAT activities
71121
Engineering and related technical consultancy, excluding land surveyors main activity
25530
Machining of metals
Social security (RSZ) activities
71121
Engineering and related technical consultancy, excluding land surveyors main activity
Codes under NACEBEL 2008
71121
Engineering activities main activity
25110
Manufacture of metal structures and parts of structures
25620
Manufacture of fabricated metal products, except machinery and equipment
70220
Business consulting
74102
Other professional, scientific and technical activities
74909
Other professional, scientific and technical activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Les activités d’ingénierie et de conseils techniques; Toutes activités spécialisées,scientifiques,techniques; Les conseils pour les affaires…”deed of 04-07-2023 (in French)
14 activities
- Les activités d’ingénierie et de conseils techniques
- Toutes activités spécialisées,scientifiques,techniques
- Les conseils pour les affaires et autres conseils de gestion
- Les conseils et assistance aux entreprises en matière de planification,d’organisation,de recherche de rendement,de contrôle,d’information
- Les calculs des coûts et des profits des mesures proposées en matière de planification,d’organisation,de rendement
- La fabrication de tubes,de tuyaux,de profilés creux et d'accessoires correspondants en acier
- La fabrication d'autres produits de première transformation de l'acier
- La fabrication de machines d'usage général
- La réparation d'ouvrages en métaux,de machines et d'équipements
- L’installation de machines et d'équipements industriels
- Les travaux d'installation électrique,de plomberie et autres travaux d'installation
- Les activités spécialisées de design
- La fabrication de meubles
- Le sciage et le rabotage du bois
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Avenue Roi Albert 182 registered office 5300 Andenne | 19-07-2023 | 2.347.305.374 |
Buildings and parcels at the address
- Ground area
- 451 m²
- Buildings
- 67 m²
- Volume, LiDAR
- 545 m³
- Tallest building
- 9.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92003H0449/00R002 | 451 m² | 1 · 67 m² | 9.8 m · 3 |
Contact
E-mail
gautier.bolle@gmail.com
Phone
+32 496 40 14 15