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Endermann

Active
Private limited companyfounded 2020active for 5 yearsJagersweg 5, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0757.823.584

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Endermann is 2.0% (moderate). The 2025 annual accounts show negative equity (-€86,906) and a net result of -€43,147. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 39,218 sector peers (NACE 70, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (55 days) Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00525471.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
24-09-2026
Format
micro format
Reference
2026-00525471
Equity
-€86,906▼ 98.6%
2024 · -€43,759
Total assets
€299,714▼ 1.9%
2024 · €305,481
Net result
-€43,147
2024 · €9,704
Working capital
-€121,838▼ 91.7%
2024 · -€63,559
Trend over the years

2021 to 2025, 5 financial years

The operating result turns negative in 2025: a loss of €40,631 after €11,836 in 2024.

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

Operating result-€40,631 2025 Net result-€43,147 2025

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

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result-€123,999-€122,348-€47,641€11,836-€40,631
Net result-€126,621below the sector's middle half-€117,839above the sector's middle half-€49,681below the sector's middle half€9,704within the sector's middle half-€43,147below the sector's middle half
Equity-€121,621below the sector's middle half--€3,782below the sector's middle half▲ 96.9%-€53,463below the sector's middle half▼ 1,314%-€43,759below the sector's middle half▲ 18.2%-€86,906below the sector's middle half▼ 98.6%
Total assets€143,198within the sector's middle half-€282,885within the sector's middle half▲ 97.5%€406,074within the sector's middle half▲ 43.5%€305,481within the sector's middle half▼ 24.8%€299,714within the sector's middle half▼ 1.9%
Debt€264,819-€286,666▲ 8.3%€459,537▲ 60.3%€349,240▼ 24.0%€386,620▲ 10.7%
Working capital-€124,291below the sector's middle half--€17,587below the sector's middle half▲ 85.9%-€70,902below the sector's middle half▼ 303%-€63,559below the sector's middle half▲ 10.4%-€121,838below the sector's middle half▼ 91.7%
Solvency-84.9%below the sector's middle half--1.3%below the sector's middle half▲ 83.6pp-13.2%below the sector's middle half▼ 11.8pp-14.3%below the sector's middle half▼ 1.2pp-29.0%below the sector's middle half▼ 14.7pp
Current ratio0.53below the sector's middle half-0.94below the sector's middle half▲ 0.410.85below the sector's middle half▼ 0.090.82below the sector's middle half▼ 0.030.68below the sector's middle half▼ 0.13
Return on assets (ROA)-88.4%below the sector's middle half-41.7%above the sector's middle half▲ 130.1pp-12.2%below the sector's middle half▼ 53.9pp3.2%within the sector's middle half▲ 15.4pp-14.4%below the sector's middle half▼ 17.6pp
Staff (FTE)0.2-1.5▲ 650%1.9▲ 26.7%1▼ 47.4%1=
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €299,714
Fixed assets €35,332 ▲ 78.4%
Current assets €264,382 ▼ 7.5%
Equity and liabilities
Equity-€86,906
Debt€386,620
Equity is negative: debt (€386,620) exceeds the balance-sheet total (€299,714).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€33,224▼
2024 · €15,509
Cash flow
-€35,740▼
2024 · €13,377
Interest coverage
-15.83▼
2024 · 9.13
Debt ≤ 1 year
€386,220▲
2024 · €349,240
Income taxes
€417▼
2024 · €433
Staff costs
€137▲
2024 · -€626
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83.0% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83.0% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% 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 6,007 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 · 41 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 24-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€305,481€299,714▼
Fixed assets21/28€19,801€35,332▲
Tangible fixed assets22/27€19,786€35,317▲
Plant, machinery and equipment23€5,777€3,425▼
Furniture and vehicles24€673€18,097▲
Other tangible fixed assets26€13,336€13,795▲
Financial fixed assets28€15€15=
Current assets29/58€285,681€264,382▼
Amounts receivable within one year40/41€25,599€75▼
Other amounts receivable41€25,599€75▼
Deferred charges and accrued income490/1€260,082€264,307▲
Equity and liabilities
Total equity and liabilities10/49€305,481€299,714▼
Equity10/15-€43,759-€86,906▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€48,759-€91,906▼
Amounts payable17/49€349,240€386,620▲
Amounts payable within one year42/48€349,240€386,220▲
Financial debts43€19,945€5,166▼
Credit institutions430/8€19,945€5,166▼
Trade debts44€1,992€461▼
Suppliers440/4€1,992€461▼
Taxes, remuneration and social security45€2,130€850▼
Taxes450/3€1,993€850▼
Remuneration and social security454/9€137-
Other amounts payable47/48€325,174€379,743▲
Accrued charges and deferred income492/3-€400
Income statement Code20242025
Non-recurring operating income76A€109,940-
Remuneration, social security and pensions62-€626€137▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,673€7,407▲
Other operating charges640/8€1,007€1,149▲
Non-recurring operating charges66A-€25,000
Gross operating margin9900€15,890-€6,938▼
Operating profit (loss)9901€11,836-€40,631▼
Financial charges65/66B€1,699€2,099▲
Recurring financial charges65€1,699€2,099▲
Profit (loss) for the period before taxes9903€10,137-€42,730▼
Income taxes67/77€433€417▼
Profit (loss) for the period9904€9,704-€43,147▼
Profit (loss) for the period to be appropriated9905€9,704-€43,147▼
Appropriation of the result
Profit (loss) to be appropriated9906-€48,759-€91,906▼
Profit (loss) brought forward from the previous period14P-€58,463-€48,759▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20212022202320242025Change
Non-recurring operating income76A---€109,940--
Remuneration, social security and pensions62€5,219€33,623€34,627-€626€137-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€754€2,506€4,073€3,673€7,407▲ 102%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€10,500---
Other operating charges640/8€1,090€3,581€1,402€1,007€1,149▲ 14.2%
Non-recurring operating charges66A€1,381---€25,000-
Gross operating margin9900-€115,556€162,058€2,961€15,890-€6,938-
Operating profit (loss)9901-€123,999€122,348-€47,641€11,836-€40,631-
Financial income75/76B-€334----
Recurring financial income75-€334----
Financial charges65/66B€2,280€1,944€1,622€1,699€2,099▲ 23.5%
Recurring financial charges65€2,280€1,944€1,622€1,699€2,099▲ 23.5%
Profit (loss) for the period before taxes9903-€126,279€120,738-€49,263€10,137-€42,730-
Income taxes67/77€342€2,898€418€433€417▼ 3.8%
Profit (loss) for the period9904-€126,621€117,839-€49,681€9,704-€43,147-
Profit (loss) for the period to be appropriated9905-€126,621€117,839-€49,681€9,704-€43,147-
Line20212022202320242025Change
Assets
Total assets20/58€143,198€282,885€406,074€305,481€299,714▼ 1.9%
Fixed assets21/28€2,670€14,933€17,895€19,801€35,332▲ 78.4%
Tangible fixed assets22/27€2,670€14,933€17,820€19,786€35,317▲ 78.5%
Plant, machinery and equipment23-€9,131€7,090€5,777€3,425▼ 40.7%
Furniture and vehicles24€2,670€2,667€1,767€673€18,097▲ 27×
Other tangible fixed assets26-€3,134€8,963€13,336€13,795▲ 3.4%
Financial fixed assets28--€75€15€15=
Current assets29/58€140,527€267,952€388,179€285,681€264,382▼ 7.5%
Amounts receivable within one year40/41€10,924-€136,116€25,599€75▼ 99.7%
Trade receivables40--€50,850---
Other amounts receivable41€10,924-€85,266€25,599€75▼ 99.7%
Cash at bank and in hand54/58€44,818€26,229----
Deferred charges and accrued income490/1€84,785€241,723€252,063€260,082€264,307▲ 1.6%
Equity and liabilities
Total equity and liabilities10/49€143,198€282,885€406,074€305,481€299,714▼ 1.9%
Equity10/15-€121,621-€3,782-€53,463-€43,759-€86,906▼ 98.6%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14-€126,621-€8,782-€58,463-€48,759-€91,906▼ 88.5%
Amounts payable17/49€264,819€286,666€459,537€349,240€386,620▲ 10.7%
Amounts payable within one year42/48€264,819€285,538€459,081€349,240€386,220▲ 10.6%
Financial debts43---€19,945€5,166▼ 74.1%
Credit institutions430/8---€19,945€5,166▼ 74.1%
Trade debts44€8,970€31,455€127,839€1,992€461▼ 76.9%
Suppliers440/4€8,970€31,455€127,839€1,992€461▼ 76.9%
Taxes, remuneration and social security45€1,893€7,779€6,393€2,130€850▼ 60.1%
Taxes450/3€1,893€6,867€4,458€1,993€850▼ 57.4%
Remuneration and social security454/9-€913€1,935€137--
Other amounts payable47/48€253,955€246,304€324,848€325,174€379,743▲ 16.8%
Accrued charges and deferred income492/3-€1,128€456-€400-
Line20212022202320242025Change
Profit (loss) for the period9904-€126,621€117,839-€49,681€9,704-€43,147-
+ Depreciation and write-downs630€754€2,506€4,073€3,673€7,407▲ 102%
Operating cash flow (approximation)-€125,867€120,345-€45,608€13,377-€35,740-
Investment in fixed assets (approximation)--€14,768-€7,036-€5,578-€22,939▼ 311%
Change in cash--€18,590----

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 (5)
Financial year Type Filed Reference Document
31-12-2025 micro format 24-09-2026 2026-00525471 NBB
31-12-2024 micro format 17-07-2025 2025-00278420 PDF
31-12-2023 micro format 22-07-2024 2024-00268257 PDF
31-12-2022 micro format 31-07-2023 2023-00295764 PDF
31-12-2021 micro format 31-08-2022 2022-20358898 PDF

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 5,757 active companies whose main activity is activities of head offices (NACE 70100), figures are known for 3,691. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 4 entries · €50,263 awarded · €25,263 paid
Year Entries AwardedPaid
2025 3 €263€263
2023 1 €50,000€25,000
Schemes
3 entries · €50,000 · €25,000 paid · Fonds voor Innoveren en Ondernemen
1 entry · €263 · €263 paid · Fonds voor Innoveren en Ondernemen

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