Equity
-€12,338
Debts exceed assets in financial year 2025.
ENERGCON
Lifetime
16 annual accounts with figures on one time axispeak €49,946 (2022)
€24,274▼ 35.2%
lowest -€129,543 (2015)
€23,370▼ 36.9%
peak €46,938 (2013)
-€12,338▲ €23,370
€72,934▼ 6.4%
peak 1.2 FTE (2015)
-not published
Board1 name since 2009
1 directorBALANCED
Owners2 names in the annual accounts
48.98%BALANCED
Documentsfilings and deeds
29-07-20262 days before the deadline
2025abbreviated format
Gross margin from €37,447 to €24,274Result from €37,021 to €23,370Equity from -€35,707 to -€12,338Cash from €1,194 to €45,422
Key points
from the 2025 annual accountsProfit
9 years
9 profitable years in a row. Profit 2025: €23,370.
Turnover
≈ €120,000 estimated
The accounts state no turnover.
Debts
€72,934 120% of the balance sheet
Filings
16 annual accounts since 2010
Four of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.
Position in the sector
-20.4%
Lower solvency than 93% of companies in architecture and engineering. Sector median 47.3% · 2,565 companies.
Checked score
56
Fair
Financially stronger than 53% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025highest value
10-2025: 0.3%▼ -0.1 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%▼ -0.3 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€12,338
lowers risk
Size: total assets €60,596
Liquidity: current ratio 0.83, cash €45,422
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
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 6% of them on solvency, 31% on liquidity, 88% on profitability and 86% 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 very low class on 30-06-2025, 0.1% 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, 3,632 companies had the same profile as ENERGCON has now. Each dot stands for 10 companies, two years later.
91.9%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ENERGCON itself is lower: 0.1% within 12 months. It rests on far more data about ENERGCON than the profile alone.
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 3,632 companies, not a prediction for ENERGCON. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.83 (0.54 in 2024), below 1. Short-term debt is 120.4% and cash 75% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 2565 sector peers (2025).
NBB · sector comparisonPosition among 2565 sector peers
Solvency
better than 7%
← weakest
strongest →
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 · 10 filingsDeviation from the deadline
2025
2 days early
2024
29 days late
2023
on the day
2022
28 days early
2021
2 days early
2020
31 days late
2019
31 days late
← 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 8 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. 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
- BALANCED 48.98%score 82equity €92,519 (2025) · 2025 annual accounts of BALANCED
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0817786115
Permanent representative: Tom HUYGENS
Change of role: BALANCED, from statutory manager to statutory director · “voorwerp zoals voorgesteld onder punt 2 van de agenda” (deed in Dutch) · General meeting of 29-12-2023 · Gazette deed
Registered office moved from Aarschot to Kortenaken
New registered office: Gelemanstraat 9, 3470 Kortenaken · Previous registered office: Nijverheidslaan 12C, 3200 Aarschot · Permanent representative: Tom Huygens · Board meeting of 14-10-2019 · Gazette deed
Incorporation
published on 17-08-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ENERGCON Kortenaken | €60,596 | €24,274 | -20.4% | - |
| M.M.D.A.O. Courcelles | €64,665 | €22,067 | 14.5% | - |
| QBS Lanaken | €60,511 | €22,276 | 45.3% | - |
| iMoen Leuven | €75,942 | €28,018 | 84.9% | - |
| ENDAPH Lier | €74,279 | €20,222 | 87.9% | - |
| Z.E.M. SERVICES Villers-le-Bouillet | €64,128 | €28,441 | 17.0% | - |
| LGF.BE Aubange | €84,265 | €21,303 | 78.8% | - |
These companies have the same main activity as ENERGCON: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €60,500 and €84,300, founded between 2009 and 2012.
Official details
Source: KBO- Status
- Active since 13-08-2009Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
- Establishment unit
- 2.180.413.4113470 Kortenaken, since 13-08-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 17-07-2026
Annual accounts 2025
- €60,596▲ 43.5%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on ENERGCON
ENERGCON files the abbreviated format. That format states no turnover. The gross margin rose from -€11,530 in 2010 to €24,274 in 2025.
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 ENERGCON
- What is the company number of ENERGCON?
- The company number of ENERGCON is 0817.786.115. The VAT number is the same number with BE in front: BE 0817.786.115.
- Where is ENERGCON based?
- The registered office is at Gelemanstraat 9, 3470 Kortenaken.Company details
- What does ENERGCON do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of ENERGCON?
- ENERGCON is a private limited company (BV).
- When was ENERGCON founded?
- ENERGCON was founded on 13-08-2009.
- Is ENERGCON still active?
- Yes, ENERGCON is an active enterprise in the KBO register.
- What is the turnover of ENERGCON?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €24,274 and 47 comparable companies (NACE 71121). It probably lies between €75,000 and €270,000. It is a rough estimate.Financials
- Is ENERGCON profitable?
- In financial year 2025, ENERGCON made a profit of €23,370.
- Where can I find the annual accounts of ENERGCON?
- ENERGCON filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ENERGCON due?
- ENERGCON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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