ENDES Engineering Services
Annual accounts 2025
full format, filed on 29-07-2026, 2 days before the deadlineThe 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 31-12-2025in 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.
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
In 2025, 1 person joined and 4 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
911,807 | 904,917 | 605,837 | 391,492 | 317,852 | 298,093 | 282,492 | 214,555 | |
21/28 |
14,970 | 25,854 | 48,467 | 62,507 | 55,207 | 62,688 | 62,628 | 62,604 | |
21 |
1,097 | 1,720 | 2,344 | 2,967 | - | - | - | - | |
22/27 |
11,013 | 21,274 | 43,263 | 56,680 | 52,347 | 59,828 | 59,768 | 62,604 | |
23 |
- | - | - | - | 100 | 200 | 300 | 401 | |
24 |
349 | 5,586 | 22,551 | 30,943 | 21,486 | 23,842 | 21,233 | 19,190 | |
26 |
10,664 | 15,688 | 20,712 | 25,736 | 30,761 | 35,785 | 38,234 | 43,014 | |
28 |
2,860 | 2,860 | 2,860 | 2,860 | 2,860 | 2,860 | 2,860 | - | |
29/58 |
896,838 | 879,063 | 557,370 | 328,985 | 262,645 | 235,405 | 219,864 | 151,951 | |
3 |
598,113 | 666,337 | 284,796 | 68,788 | - | - | - | - | |
37 |
598,113 | 666,337 | 284,796 | 68,788 | - | - | - | - | |
40/41 |
270,321 | 177,065 | 206,904 | 180,128 | 168,149 | 160,120 | 172,512 | 115,016 | |
40 |
268,553 | 175,887 | 183,723 | 180,128 | 168,149 | 159,775 | 166,931 | 115,016 | |
41 |
1,768 | 1,178 | 23,182 | - | - | 345 | 5,581 | - | |
54/58 |
3,362 | 5,570 | 37,965 | 65,530 | 82,960 | 63,229 | 41,941 | 34,647 | |
490/1 |
25,041 | 30,091 | 27,705 | 14,539 | 11,536 | 12,056 | 5,411 | 2,288 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
911,807 | 904,917 | 605,837 | 391,492 | 317,852 | 298,093 | 282,492 | 214,555 | |
10/15 |
287,370 | 172,484 | 209,229 | 147,753 | 120,091 | 90,431 | 81,384 | 78,317 | |
10/11 |
80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | |
10 |
80,000 | 80,000 | 80,000 | 80,000 | 80,000 | - | - | - | |
100 |
80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | |
13 |
207,370 | 92,484 | 129,229 | 67,753 | 40,091 | 10,431 | 1,384 | - | |
130/1 |
8,000 | 8,000 | 8,000 | 3,570 | 2,070 | 570 | - | - | |
130 |
8,000 | 8,000 | 8,000 | 3,570 | 2,070 | 570 | 70 | - | |
133 |
199,370 | 84,484 | 121,229 | 64,183 | 38,021 | 9,861 | 1,314 | - | |
14 |
- | - | - | - | - | - | - | -1,683 | |
17/49 |
624,437 | 732,433 | 396,608 | 243,739 | 197,761 | 207,662 | 201,108 | 136,238 | |
17 |
200,000 | - | 1,205 | 33,382 | 37,502 | - | 100,000 | 100,000 | |
170/4 |
- | - | 1,205 | 8,378 | - | - | - | - | |
178/9 |
200,000 | - | - | 25,004 | 37,502 | - | 100,000 | 100,000 | |
42/48 |
412,840 | 601,534 | 277,233 | 208,619 | 158,118 | 205,857 | 99,608 | 36,238 | |
42 |
- | 1,205 | 7,172 | 7,070 | - | - | - | - | |
43 |
- | - | 75,000 | - | 53,344 | 50,000 | - | - | |
430/8 |
- | - | - | - | 3,344 | - | - | - | |
439 |
- | - | 75,000 | - | 50,000 | 50,000 | - | - | |
44 |
105,268 | 383,183 | 108,184 | 121,626 | 42,899 | 97,064 | 95,731 | 24,931 | |
440/4 |
105,268 | 383,183 | 108,184 | 121,626 | 42,899 | 97,064 | 95,731 | 24,931 | |
45 |
248,572 | 181,873 | 86,877 | 79,923 | 61,875 | 55,163 | 3,877 | 2,543 | |
450/3 |
151,546 | 41,681 | 68,062 | 54,306 | 61,875 | 42,294 | 1,722 | 2,402 | |
454/9 |
97,025 | 140,191 | 18,815 | 25,617 | - | 12,869 | 2,154 | 141 | |
47/48 |
59,000 | 35,273 | - | - | - | 3,630 | - | 8,763 | |
492/3 |
11,597 | 130,900 | 118,169 | 1,739 | 2,141 | 1,805 | 1,500 | - | |
| Income statement | |||||||||
76A |
- | 2,219 | - | - | - | - | - | - | |
9900 |
988,936 | 805,192 | 604,165 | 600,543 | 450,582 | 360,705 | 162,099 | 39,327 | |
62 |
801,687 | 808,862 | 479,050 | 521,643 | 379,851 | 317,620 | 140,139 | 31,061 | |
630 |
10,884 | 20,307 | 22,381 | 22,169 | 14,077 | 12,303 | 10,904 | 9,291 | |
640/8 |
2,835 | 4,121 | 4,465 | 3,888 | 3,633 | 8,694 | 2,323 | 348 | |
9901 |
173,530 | -28,098 | 98,269 | 52,842 | 53,021 | 22,088 | 8,734 | -1,372 | |
75/76B |
4,636 | 0 | - | - | 1 | 51 | 51 | 6 | |
75 |
4,636 | 0 | - | - | 1 | 51 | 51 | 6 | |
65/66B |
10,467 | 5,939 | 5,676 | 4,874 | 5,876 | 4,145 | 4,024 | 317 | |
65 |
10,467 | 5,939 | 5,676 | 4,874 | 5,876 | 4,145 | 4,024 | 317 | |
9903 |
167,699 | -34,037 | 92,593 | 47,968 | 47,146 | 17,994 | 4,761 | -1,683 | |
67/77 |
52,812 | 2,708 | 31,116 | 20,306 | 17,486 | 8,947 | 1,694 | - | |
9904 |
114,886 | -36,746 | 61,476 | 27,662 | 29,659 | 9,047 | 3,067 | -1,683 | |
9905 |
114,886 | -36,746 | 61,476 | 27,662 | 29,659 | 9,047 | 3,067 | -1,683 | |
| Appropriation of the result | |||||||||
9906 |
114,886 | -36,746 | 61,476 | 27,662 | 29,659 | 9,047 | 1,384 | -1,683 | |
791/2 |
- | 36,746 | - | - | - | - | - | - | |
691/2 |
114,886 | - | 61,476 | 27,662 | 29,659 | 9,047 | 1,384 | - | |
6920 |
- | - | 4,430 | 1,500 | 1,500 | 500 | 70 | - | |
6921 |
114,886 | - | 57,046 | 26,162 | 28,159 | 8,547 | 1,314 | - | |
| Social balance sheet | |||||||||
9087 |
11.6 | 10.5 | 8.2 | 9.4 | 7.3 | 7.6 | 3 | 0.9 | |
Hours worked1013 |
18,492 | 17,842 | 13,984 | 16,204 | 13,016 | 10,785 | 5,036 | 1,240 | |
| 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 29-07-2026.
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 | |
| 31-12-2024 | abbreviated format | 10-08-2025 | 2025-00372058 | |
| 31-12-2023 | abbreviated format | 07-10-2024 | 2024-00500954 | |
| 31-12-2022 | abbreviated format | 30-06-2023 | 2023-00181412 | |
| 31-12-2021 | abbreviated format | 30-06-2022 | 2022-20113713 | |
| 31-12-2020 | abbreviated format | 18-05-2021 | 2021-14400027 | |
| 31-12-2019 | abbreviated format | 31-03-2020 | 2020-08100011 | |
| 31-12-2018 | abbreviated format | 08-08-2019 | 2019-44600443 |
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 | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 184,414 | -7,791 | 120,649 | 75,011 | 67,098 | 34,391 | 19,638 | 7,918 | ||
| 125,770 | -16,439 | 83,857 | 49,831 | 43,736 | 21,350 | 13,972 | 7,608 | ||
| 0 | -2,306 | 8,340 | 29,469 | 6,596 | 23,313 | 10,929 | 71,895 | ||
| -2,208 | -32,395 | -27,565 | -17,430 | 19,730 | 21,288 | 7,294 | - | ||
| 483,998 | 277,530 | 280,137 | 120,366 | 104,527 | 29,549 | 120,256 | 115,713 | ||
| 31.5% | 19.1% | 34.5% | 37.7% | 37.8% | 30.3% | 28.8% | 36.5% | ||
| 2.17 | 1.46 | 2.01 | 1.58 | 1.66 | 1.14 | 2.21 | 4.19 | ||
| 0.72 | 0.35 | 0.98 | 1.25 | 1.66 | 1.14 | 2.21 | 4.19 | ||
| 2.17 | 4.25 | 1.90 | 1.65 | 1.65 | 2.30 | 2.47 | 1.74 | ||
| 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 | -1.31 | 21.26 | 15.39 | 11.42 | - | - | - |
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
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 10 | 13 | 8 | 12 | 6 |
| full-time | 9 | 11 | 7 | 11 | 6 |
| part-time | 1 | 2 | 1 | 1 | - |
| in full-time equivalents | 9.6 | 12.4 | 7.6 | 11.9 | 6 |
| 11.6 | 10.5 | 8.2 | 9.4 | 7.3 | |
| On a permanent contract | 10 | 13 | 8 | 12 | 6 |
| Joined | 1 | 7 | 2 | 11 | 6 |
| Left | 4 | 2 | 5 | 5 | 8 |
| Training hours | - | - | - | 48 | 24 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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
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.