ENG
ActiveSummary
ENG has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,533 and a net result of €10,356. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 73% of 1003 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability60▼-9
Solvency90▼-10
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.73 against 3.87 in 2024; short-term debt: 34.8% and cash: 30.3% of total assets), and 34.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.2%
Return on assets
10.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
6 d late
2022
3 d late
2021
3 d early
2020
35 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€65,533▲ 18.8%
2024 · €55,177
Total assets
€100,581▲ 41.5%
2024 · €71,080
Net result
€10,356▼ 20.2%
2024 · €12,971
Working capital
€60,716▲ 33.2%
2024 · €45,590
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,748▼ 48.2%€14,073▲ 10.4%€20,492▲ 45.6%€29,057▲ 41.8%€26,048▼ 10.4%
Net result€7,690▼ 45.4%€8,233▲ 7.1%€11,644▲ 41.4%€12,971▲ 11.4%€10,356▼ 20.2%
Equity€70,900▼ 11.3%€79,133▲ 11.6%€90,777▲ 14.7%€55,177▼ 39.2%€65,533▲ 18.8%
Total assets€96,143▼ 7.1%€121,779▲ 26.7%€129,883▲ 6.7%€71,080▼ 45.3%€100,581▲ 41.5%
Debt€25,243▲ 7.1%€42,646▲ 68.9%€39,106▼ 8.3%€15,903▼ 59.3%€35,049▲ 120%
Working capital€42,568▼ 14.2%€64,048▲ 50.5%€82,033▲ 28.1%€45,590▼ 44.4%€60,716▲ 33.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100,581
Fixed assets
€4,816 ▼ 49.8%
Current assets
€95,765 ▲ 55.7%
Equity and liabilities €100,581
Equity
€65,533 ▲ 18.8%
Debt
€35,049 ▲ 120%
Debt's share of the balance-sheet total rises from 22.4% to 34.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29,303▼
2024 · €34,696
Cash flow
€13,612▼
2024 · €18,610
Current ratio
2.73▼
2024 · 3.87
Debt to equity
0.53▲
2024 · 0.29
ROE
15.8%▼
2024 · 23.5%
ROA
10.3%▼
2024 · 18.2%
Interest coverage
3.38▲
2024 · 3.31
Debt ≤ 1 year
€35,049▲
2024 · €15,903
Income taxes
€7,028▲
2024 · €5,599
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €25,079 | - | €1,110 | - | €10,156 | - |
| Remuneration, social security and pensions62 | €150 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,195 | €13,247 | €6,049 | €5,639 | €3,256 | ▼ 42.3% |
| Other operating charges640/8 | €1,529 | €1,808 | €2,479 | €3,825 | €3,407 | ▼ 10.9% |
| Operating charges capitalised as restructuring costs649 | - | -€1,102 | - | - | - | - |
| Non-recurring operating charges66A | - | - | - | - | €1,782 | - |
| Gross operating margin9900 | €23,622 | €28,027 | €29,020 | €38,521 | €34,492 | ▼ 10.5% |
| Operating profit (loss)9901 | €12,748 | €14,073 | €20,492 | €29,057 | €26,048 | ▼ 10.4% |
| Financial income75/76B | €1,427 | €1,155 | €851 | - | €1 | - |
| Recurring financial income75 | €1,427 | €1,155 | €851 | - | €1 | - |
| Financial charges65/66B | €1,889 | €2,307 | €3,932 | €10,487 | €8,665 | ▼ 17.4% |
| Recurring financial charges65 | €1,889 | €2,307 | €3,932 | €10,487 | €8,665 | ▼ 17.4% |
| Profit (loss) for the period before taxes9903 | €12,286 | €12,921 | €17,412 | €18,570 | €17,384 | ▼ 6.4% |
| Income taxes67/77 | €4,596 | €4,688 | €5,768 | €5,599 | €7,028 | ▲ 25.5% |
| Profit (loss) for the period9904 | €7,690 | €8,233 | €11,644 | €12,971 | €10,356 | ▼ 20.2% |
| Profit (loss) for the period to be appropriated9905 | €7,690 | €8,233 | €11,644 | €12,971 | €10,356 | ▼ 20.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96,143 | €121,779 | €129,883 | €71,080 | €100,581 | ▲ 41.5% |
| Fixed assets21/28 | €28,332 | €15,085 | €8,745 | €9,587 | €4,816 | ▼ 49.8% |
| Tangible fixed assets22/27 | €27,715 | €14,468 | €8,128 | €8,970 | €4,199 | ▼ 53.2% |
| Plant, machinery and equipment23 | €4,637 | €2,562 | €1,346 | €3,946 | €3,116 | ▼ 21.1% |
| Furniture and vehicles24 | €20,164 | €10,449 | €6,781 | €5,024 | €1,083 | ▼ 78.4% |
| Leasing and similar rights25 | €2,914 | €1,457 | - | - | - | - |
| Financial fixed assets28 | €617 | €617 | €617 | €617 | €617 | = |
| Current assets29/58 | €67,811 | €106,694 | €121,139 | €61,492 | €95,765 | ▲ 55.7% |
| Amounts receivable within one year40/41 | €24,999 | €86,170 | €65,400 | €12,764 | €57,318 | ▲ 349% |
| Trade receivables40 | €8,401 | €64,369 | €46,564 | €12,719 | €54,834 | ▲ 331% |
| Other amounts receivable41 | €16,598 | €21,800 | €18,837 | €45 | €2,484 | ▲ 5,420% |
| Cash at bank and in hand54/58 | €31,314 | €11,333 | €42,667 | €30,986 | €30,427 | ▼ 1.8% |
| Deferred charges and accrued income490/1 | €11,498 | €9,192 | €13,071 | €17,742 | €8,021 | ▼ 54.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96,143 | €121,779 | €129,883 | €71,080 | €100,581 | ▲ 41.5% |
| Equity10/15 | €70,900 | €79,133 | €90,777 | €55,177 | €65,533 | ▲ 18.8% |
| Contributions10/11 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves13 | €44,986 | €44,986 | €44,986 | €44,986 | €44,986 | = |
| Distributable reserves133 | €44,986 | €44,986 | €44,986 | €44,986 | €44,986 | = |
| Profit (loss) carried forward14 | €24,054 | €32,287 | €43,931 | €8,330 | €18,686 | ▲ 124% |
| Amounts payable17/49 | €25,243 | €42,646 | €39,106 | €15,903 | €35,049 | ▲ 120% |
| Amounts payable within one year42/48 | €25,243 | €42,646 | €39,106 | €15,903 | €35,049 | ▲ 120% |
| Trade debts44 | €18,147 | €32,473 | €33,338 | €7,407 | €20,659 | ▲ 179% |
| Suppliers440/4 | €18,147 | €32,473 | €33,338 | €7,407 | €20,659 | ▲ 179% |
| Taxes, remuneration and social security45 | €7,096 | €10,173 | €5,768 | €7,688 | €14,389 | ▲ 87.2% |
| Taxes450/3 | €4,596 | €6,673 | €5,768 | €7,688 | €14,389 | ▲ 87.2% |
| Remuneration and social security454/9 | €2,500 | €3,500 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €808 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,690 | €8,233 | €11,644 | €12,971 | €10,356 | ▼ 20.2% |
| + Depreciation and write-downs630 | €9,195 | €13,247 | €6,049 | €5,639 | €3,256 | ▼ 42.3% |
| Operating cash flow (approximation) | €16,885 | €21,480 | €17,693 | €18,610 | €13,612 | ▼ 26.9% |
| Investment in fixed assets (approximation) | - | €0 | €291 | -€6,482 | €1,515 | ▲ 123% |
| Change in cash | - | -€19,981 | €31,334 | -€11,681 | -€560 | ▲ 95.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €14,084 ▲518%
Net result €14,084, the highest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €2,279 ▼56.3%
Net result drops to €2,279, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2010
Ground area
307 m²
Building footprint
85 m²
Volume, LiDAR
685 m³
Parcel 46382B0395/00S002, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ENG
since 20102.185.537.781
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B0395/00S002 | Flanders | 307 m² | 1 · 85 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 2,325 companies in sector 42110 we hold annual accounts for 1,096. 699 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-02-2010
Fiscal year end30-09
Activities, NACEBEL 2025
42110Construction of roads and motorways
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
43130Specialised construction activities
Contact
Phone
0485/277802Lokeren
E-invoicing
Reachable via Peppol
Peppol ID
0208:0823255034
Also
9925:BE0823255034
Registered
23-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.