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ENDES Engineering Services

Active Public limited companyfounded 2018active for 8 yearsHulststraat 11, 8700 TieltKBO/BCE: BE 0688.665.950 subsidiary of DEMAC#7 employer in Tielt, Professional and technical services sector
Part of the group CAD Architecten en Planners 19 companies
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Annual accounts 2025

full format, filed on 29-07-2026, 2 days before the deadline
€988,936
▲ 22.8%
€173,530
▲ €201,628
€114,886
▲ €151,632
€483,998
▲ 74.4%
31.5%
▲ 12.5 percentage points
2.17
▲ 0.71

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.5m. Estimated: probably between €1.2m and €2.7m.

Balance sheet

balance sheet total €911,807 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

31.5%

Higher than 31% of 3,873 companies in 2025.

2.17

Higher than 63% of 3,727 companies in 2025.

12.6%

Higher than 78% of 3,849 companies in 2025.

ENDES Engineering Services Middle half of the sector 80% of the sector Full accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€69,111

Staff costs divided by the average number of full-time equivalents.

-3 people

people who joined people who left

In 2025, 1 person joined and 4 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018
Balance sheet: assets
20/58 911,807904,917605,837391,492317,852298,093282,492214,555
21/28 14,97025,85448,46762,50755,20762,68862,62862,604
21 1,0971,7202,3442,967----
22/27 11,01321,27443,26356,68052,34759,82859,76862,604
23 ----100200300401
24 3495,58622,55130,94321,48623,84221,23319,190
26 10,66415,68820,71225,73630,76135,78538,23443,014
28 2,8602,8602,8602,8602,8602,8602,860-
29/58 896,838879,063557,370328,985262,645235,405219,864151,951
3 598,113666,337284,79668,788----
37 598,113666,337284,79668,788----
40/41 270,321177,065206,904180,128168,149160,120172,512115,016
40 268,553175,887183,723180,128168,149159,775166,931115,016
41 1,7681,17823,182--3455,581-
54/58 3,3625,57037,96565,53082,96063,22941,94134,647
490/1 25,04130,09127,70514,53911,53612,0565,4112,288
Balance sheet: equity and liabilities
10/49 911,807904,917605,837391,492317,852298,093282,492214,555
10/15 287,370172,484209,229147,753120,09190,43181,38478,317
10/11 80,00080,00080,00080,00080,00080,00080,00080,000
10 80,00080,00080,00080,00080,000---
100 80,00080,00080,00080,00080,00080,00080,00080,000
13 207,37092,484129,22967,75340,09110,4311,384-
130/1 8,0008,0008,0003,5702,070570--
130 8,0008,0008,0003,5702,07057070-
133 199,37084,484121,22964,18338,0219,8611,314-
14 --------1,683
17/49 624,437732,433396,608243,739197,761207,662201,108136,238
17 200,000-1,20533,38237,502-100,000100,000
170/4 --1,2058,378----
178/9 200,000--25,00437,502-100,000100,000
42/48 412,840601,534277,233208,619158,118205,85799,60836,238
42 -1,2057,1727,070----
43 --75,000-53,34450,000--
430/8 ----3,344---
439 --75,000-50,00050,000--
44 105,268383,183108,184121,62642,89997,06495,73124,931
440/4 105,268383,183108,184121,62642,89997,06495,73124,931
45 248,572181,87386,87779,92361,87555,1633,8772,543
450/3 151,54641,68168,06254,30661,87542,2941,7222,402
454/9 97,025140,19118,81525,617-12,8692,154141
47/48 59,00035,273---3,630-8,763
492/3 11,597130,900118,1691,7392,1411,8051,500-
Income statement
76A -2,219------
9900 988,936805,192604,165600,543450,582360,705162,09939,327
62 801,687808,862479,050521,643379,851317,620140,13931,061
630 10,88420,30722,38122,16914,07712,30310,9049,291
640/8 2,8354,1214,4653,8883,6338,6942,323348
9901 173,530-28,09898,26952,84253,02122,0888,734-1,372
75/76B 4,6360--151516
75 4,6360--151516
65/66B 10,4675,9395,6764,8745,8764,1454,024317
65 10,4675,9395,6764,8745,8764,1454,024317
9903 167,699-34,03792,59347,96847,14617,9944,761-1,683
67/77 52,8122,70831,11620,30617,4868,9471,694-
9904 114,886-36,74661,47627,66229,6599,0473,067-1,683
9905 114,886-36,74661,47627,66229,6599,0473,067-1,683
Appropriation of the result
9906 114,886-36,74661,47627,66229,6599,0471,384-1,683
791/2 -36,746------
691/2 114,886-61,47627,66229,6599,0471,384-
6920 --4,4301,5001,50050070-
6921 114,886-57,04626,16228,1598,5471,314-
Social balance sheet
9087 11.610.58.29.47.37.630.9
Hours worked1013 18,49217,84213,98416,20413,01610,7855,0361,240
Document PDFPDFPDFPDFPDFPDFPDFPDF

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 29-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 29-07-2026 2026-00350375 PDF
31-12-2024 abbreviated format 10-08-2025 2025-00372058 PDF
31-12-2023 abbreviated format 07-10-2024 2024-00500954 PDF
31-12-2022 abbreviated format 30-06-2023 2023-00181412 PDF
31-12-2021 abbreviated format 30-06-2022 2022-20113713 PDF
31-12-2020 abbreviated format 18-05-2021 2021-14400027 PDF
31-12-2019 abbreviated format 31-03-2020 2020-08100011 PDF
31-12-2018 abbreviated format 08-08-2019 2019-44600443 PDF

Subsidies and aid

Flemish government 2022, 1 entry, €135 awarded, €135 paid

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018
184,414-7,791120,64975,01167,09834,39119,6387,918
125,770-16,43983,85749,83143,73621,35013,9727,608
0-2,3068,34029,4696,59623,31310,92971,895
-2,208-32,395-27,565-17,43019,73021,2887,294-
483,998277,530280,137120,366104,52729,549120,256115,713
31.5%19.1%34.5%37.7%37.8%30.3%28.8%36.5%
2.171.462.011.581.661.142.214.19
0.720.350.981.251.661.142.214.19
2.174.251.901.651.652.302.471.74
40.0%-21.3%29.4%18.7%24.7%10.0%3.8%-2.1%
12.6%-4.1%10.1%7.1%9.3%3.0%1.1%-0.8%
17.62-1.3121.2615.3911.42---

EBIT margin: not included in this filing.

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

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date10138126
full-time9117116
part-time1211-
in full-time equivalents9.612.47.611.96
11.610.58.29.47.3
On a permanent contract10138126
Joined172116
Left42558
Training hours---4824

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€8,340€26,352€6,596
Intangible fixed assets---€3,118-
€10,884€20,307€22,381€22,169€14,077

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Public contracts

1 award · 2019
Raamovereenkomst voor het uitvoeren van diverse ontwerp- en studieopdrachten: Technieken
buyer: TMVW servicelijnenArchitectural, engineering and inspection servicesawarded 27-02-2019€100,0005 tendersTED 112874-2019

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on ENDES Engineering Services

The operating result for 2025 is a profit of €173,530, after a loss of €28,098 in 2024. It is the highest result since 2018.

Debt's share of the balance-sheet total falls from 80.9% to 68.5%. Equity is higher and debt is lower.

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