Result
€114,886 €114,886
Back in profit in 2025, after a loss of €36,746 in 2024.
ENDES Engineering Services
Lifetime
8 annual accounts with figures on one time axispeak €988,936 (2025)
€988,936▲ 22.8%
lowest -€36,746 (2024)
€114,886▲ €151,632
peak €287,370 (2025)
€287,370▲ 66.6%
€624,437▼ 14.7%
peak 11.6 FTE (2025)
11.6 FTE▲ 10.5%
Board7 names since 2018
2 directorsE.V.A. ENGINEERING and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
29-07-20262 days before the deadline
2025financial year
Gross margin from €805,192 to €988,936Back to profit: €114,886Staff from 10.5 FTE to 11.6 FTEEquity from €172,484 to €287,370Cash from €5,570 to €3,362
Key points
from the 2025 annual accountsTurnover
≈ €1.5m estimated
The accounts state no turnover.
Staff
10 employees on 31-12-2025
In 2025, 1 person joined and 4 left.
Liquidity
2.17 was 1.46 in 2024
Short-term debts fell from €601,534 to €412,840.
Filings
8 annual accounts 3 late
The 2023 accounts came latest: 68 days after the end of the period.
Board
1 left
A director left. Latest change 01-05-2026 · 2 in office.
Checked score
82
Excellent
Financially stronger than 55% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 1.2%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.9%▼ -0.3 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 0.5%▼ -0.5 percentage points vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
1 of the last 3 accounts late
Liquidity: current ratio 2.17, cash €3,362
Size: 11.6 FTE, total assets €911,807
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
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 70, small). It does better than 31% of them on solvency, 14% on liquidity, 85% on profitability and 91% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 6,782 companies had the same profile as ENDES Engineering Services has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of ENDES Engineering Services itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,782 companies, not a prediction for ENDES Engineering Services. 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 €23,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.17 (1.46 in 2024), above the usual 1.5. Short-term debt is 45.3% and cash 0.4% of total assets. However, 68.5% 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
Five signals.
lowers riskraises riskneutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
2 days early
2024
10 days late
2023
68 days late
2022
31 days early
2021
31 days early
2020
74 days early
2019
122 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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. The company usually files around 29 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DEMAC 100%equity €388,575 (2025) · deed of 06-07-2022
- E.V.A. ENGINEERING 100%equity €1.2m (2025) · 2025 annual accounts of E.V.A. ENGINEERING
Recent changes
Resignation: Jan Acx (director)
General meeting of 29-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0688665950
2 directors appointed, 2 resignations
Resignations: DEMAC BV and Arin Demey · Permanent representatives: Jan Acx and Sébastien Cools · Appointments: LITEDA and E.V.A. Engineering (managing director) · General meeting of 31-03-2023 · Gazette deed
Appointment: DEMEY Ann Lutgarde (director)
“Het opzetten en uitvoeren van (ontwerp)studies en onderzoeken in het kader van gebouwen en…” (deed in Dutch) · enige aandeelhouder holds all the shares · General meeting of 31-03-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ENDES Engineering Services Tielt | €0.9m | €1.0m | 31.5% | 11.6 |
| UPSILON PROCESS Wavre | €1.0m | €1.0m | 7.4% | 10.2 |
| INTEVU Schaerbeek | €0.9m | €0.9m | 71.7% | 14 |
| Huntsmen Kontich | €0.8m | €1.0m | 7.8% | 14.9 |
| De Blauwe Cluster (Blue Cluster) Ostend | €1.4m | €1.1m | 61.2% | 11.7 |
| JDI Huldenberg | €1.0m | €0.9m | 27.2% | 9.2 |
| Cereal Brussels | €0.8m | €0.8m | 6.9% | 11.5 |
These companies have the same main activity as ENDES Engineering Services: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €794,000 and €1.4m, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 19-01-2018Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.273.510.9428700 Tielt, since 19-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- €911,807▲ 0.8%
- Employeeson 31-12-2025
- 10▼ 23.1%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on ENDES Engineering Services
ENDES Engineering Services has existed since 2018. In 2019 the gross margin rose from €39,327 to €162,099 and staff from 0.9 to 3 full-time equivalents.
The gross margin has grown every year since. Solvency rose in 2025 from 19.1% to 31.5% because of the retained profit and lower debts.
DEMAC holds all the shares. In May 2023, the Official Gazette published the appointment of E.V.A. ENGINEERING as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ENDES Engineering Services
- What is the company number of ENDES Engineering Services?
- The company number of ENDES Engineering Services is 0688.665.950. The VAT number is the same number with BE in front: BE 0688.665.950.
- Where is ENDES Engineering Services based?
- The registered office is at Hulststraat 11, 8700 Tielt.Company details
- What does ENDES Engineering Services do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ENDES Engineering Services?
- ENDES Engineering Services is a public limited company (NV).
- When was ENDES Engineering Services founded?
- ENDES Engineering Services was founded on 19-01-2018.
- Is ENDES Engineering Services still active?
- Yes, ENDES Engineering Services is an active enterprise in the KBO register.
- How many employees does ENDES Engineering Services have?
- ENDES Engineering Services had an average of 11.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ENDES Engineering Services fall under?
- In its 2025 annual accounts, ENDES Engineering Services states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ENDES Engineering Services?
- The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €988,936 and 74 comparable companies (NACE 70200). It probably lies between €1.2m and €2.7m.
- Is ENDES Engineering Services profitable?
- In financial year 2025, ENDES Engineering Services made a profit of €114,886.
- Where can I find the annual accounts of ENDES Engineering Services?
- ENDES Engineering Services filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ENDES Engineering Services due?
- ENDES Engineering Services must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.