ENEX Group
ActiveENEX Group has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €25k and a net result of €353k. Equity is shrinking by ~14.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 10% of 1937 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+77
Solvency26▲+9
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
short-term debt: 0.6% and cash: 4.5% of total assets, and 99.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1937 sector peers (2024).
NBB · sector comparisonPosition among 1937 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-09-2025, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
33 d late
2023
83 d late
2022
27 d early
2021
46 d early
2020
45 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€25k
2023 · €-328k
2018: €288k
2019: €309k
2020: €315k
2021: €327k
2022: €253k
2023: €-328k
2018 → 2024
Total assets
€4.60M▲ 9.7%
2023 · €4.19M
2018: €6.45M
2019: €5.94M
2020: €5.43M
2021: €5.12M
2022: €4.73M
2023: €4.19M
2018 → 2024
Net result
€353k
2023 · €-580k
2018: €24k
2019: €21k
2020: €6k
2021: €12k
2022: €-74k
2023: €-580k
2018 → 2024
Working capital
€4.52M▲ 76.8%
2023 · €2.56M
2018: €3.42M
2019: €3.21M
2020: €2.98M
2021: €2.94M
2022: €2.83M
2023: €2.56M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€315k-€327k▲ 3.7%€253k▼ 22.7%€-328k€25k
Operating result€-175k-€-458k▼ 162%€-465k▼ 1.5%€-507k▼ 9.1%€420k
Net result€6k-€12k▲ 91.7%€-74k€-580k▼ 681%€353k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €420k after a loss of €507k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.60M
Fixed assets
€46k▼ 97.2%
Current assets
€4.55M▲ 76.4%
Equity and liabilities €4.60M
Equity
€25k
Debt
€4.57M
Debt finances 99.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€420k▲
2023 · €-238k
Cash flow
€353k▲
2023 · €-311k
Solvency
0.5%▲
2023 · -7.8%
ROA
7.7%▲
2023 · -13.8%
Interest coverage
6.20▲
2023 · -3.11
Debt
€4.57M▲
2023 · €4.52M
Debt ≤ 1 year
€28k▲
2023 · €22k
Debt > 1 year
€4.54M▲
2023 · €4.50M
Staff costs
€0▼
2023 · €3k
A ratio outside any meaningful range has been withheld (balance sheet total €4.60M, equity €25k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€4.19M€4.60M▲
Fixed assets21/28€1.61M€46k▼
Tangible fixed assets22/27€1.57M€0▼
Furniture and vehicles24€1.57M€0▼
Financial fixed assets28€46k€46k=
Current assets29/58€2.58M€4.55M▲
Amounts receivable within one year40/41€2.55M€4.35M▲
Trade receivables40€30k€30k=
Other amounts receivable41€2.52M€4.32M▲
Cash at bank and in hand54/58€17k€206k▲
Deferred charges and accrued income490/1€16k€273▼
Equity and liabilities
Total equity and liabilities10/49€4.19M€4.60M▲
Equity10/15€-328k€25k▲
Contributions10/11€159k€159k=
Capital10€159k€159k=
Issued capital100€159k€159k=
Reserves13€16k€16k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Profit (loss) carried forward14€-502k€-150k▲
Amounts payable17/49€4.52M€4.57M▲
Amounts payable after more than one year17€4.50M€4.54M▲
Financial debts170/4€4.50M€4.54M▲
Amounts payable within one year42/48€22k€28k▲
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Taxes, remuneration and social security45€20k€20k▲
Taxes450/3€20k€20k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A€78k€602k▲
Remuneration, social security and pensions62€3k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270k€0▼
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€130k€0▼
Gross operating margin9900€-101k€422k▲
Operating profit (loss)9901€-507k€420k▲
Financial income75/76B€3k€0▼
Recurring financial income75€3k€0▼
Financial charges65/66B€76k€68k▼
Recurring financial charges65€76k€68k▼
Profit (loss) for the period before taxes9903€-580k€353k▲
Profit (loss) for the period9904€-580k€353k▲
Profit (loss) for the period to be appropriated9905€-580k€353k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-502k€-150k▲
Profit (loss) brought forward from the previous period14P€78k€-502k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 33 days late
2024
31-12
Financial
Back to profitnet €353k
Net result €353k after 2 loss-making years.
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 83 days late
2023
31-12
Financial
Weakest financial yearnet €-580k
Net result drops to €-580k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 7 days late
2016
19-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 50 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2017
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-03-2017
Wilfrid Laugher: Resigned as Director
11-03-2014
Guido Ravoet: Resigned as Director
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marsveldplein 51050 ElseneGround area
3,724 m²
Building footprint
1,306 m²
Volume, LiDAR
98,133 m³
Parcel 21009A0769/00S002, Brussels · tallest building 99.0 m, ±27 floors. Linked by address, not a title deed.
1 establishment unit
ENEX Group
since 20032.114.229.321
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0769/00S002 | Brussels | 3,724 m² | 1 · 1,306 m² | 99.0 m · 27 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,555 companies in sector 71121 we hold annual accounts for 6,562. 4,262 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-04-2002
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
42220Construction of utility projects for electricity and telecommunications
43990Other specialised construction activities
43999Specialised construction activities
45215
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationGeneral meeting
Agenda
1. Goedkeuring van de overgrachte datum. 2. Voorstelling van het jaarverslag over het boekjaar 2009. 3. Goedkeuring van de jaar- rekening over het boekjaar 2009. 4. Vaststelling van het resultaat van het boekjaar en goedkeuring van de bestemming van het resultaat. 5. Kwijting van de bestuurders. 6. Kwijting van de commissaris. 7. Benoeming commissaris.