ENGAGOR
ActiveSummary
ENGAGOR has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12.0m and a net result of €3.5m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 72% of 1095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability96▼-4
Solvency94▲+21
Growth85▲+7
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.55 against 3.1 in 2023; short-term debt: 28.2% and cash: 28.9% of total assets), and 31.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
68.8%
Return on assets
20.3%
Age of the figures
21 mo
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €12.0m
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-04-2026, 271 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
271 d late
2023
427 d late
2022
420 d late
2021
116 d late
2020
4 d early
2019
118 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 225 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€12.9m▲ 94.8%
2021 · €6.6m
EBIT margin
48.6%▲ 60.9pp
2021 · -12.2%
Net result
€3.5m▼ 42.3%
2023 · €6.1m
Working capital
€12.5m▲ 4.6%
2023 · €12.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€6.6m€12.9m
Operating result-€68,584▲ 45.7%-€807,318▼ 1,077%€1.4m€8.2m▲ 477%€6.3m▼ 23.3%
Net result-€241,253below the sector's middle half-€807,454below the sector's middle half▼ 235%€1.3mabove the sector's middle half€6.1mabove the sector's middle half▲ 370%€3.5mabove the sector's middle half▼ 42.3%
EBIT margin-12.2%48.6%
Equity€1.8mabove the sector's middle half▼ 11.6%€1.0mabove the sector's middle half▼ 43.8%€2.3mabove the sector's middle half▲ 126%€8.5mabove the sector's middle half▲ 261%€12.0mabove the sector's middle half▲ 41.7%
Total assets€6.0mabove the sector's middle half▼ 20.5%€6.4mabove the sector's middle half▲ 6.2%€9.3mabove the sector's middle half▲ 45.0%€17.7mabove the sector's middle half▲ 90.8%€17.4mabove the sector's middle half▼ 1.4%
Debt€4.2m▼ 23.9%€5.3m▲ 28.3%€6.9m▲ 29.4%€8.8m▲ 27.7%€5.4m▼ 39.0%
Working capital€5.2m▼ 2.9%€4.8m▼ 8.0%€5.8m▲ 20.9%€12.0m▲ 106%€12.5m▲ 4.6%
Solvency30.7%within the sector's middle half▲ 3.1pp16.2%below the sector's middle half▼ 14.4pp25.3%within the sector's middle half▲ 9.0pp47.9%within the sector's middle half▲ 22.6pp68.8%within the sector's middle half▲ 20.9pp
Staff (FTE)26.7above the sector's middle half▲ 14.1%29.1above the sector's middle half▲ 9.0%30.7above the sector's middle half▲ 5.5%28.3above the sector's middle half▼ 7.8%7within the sector's middle half▼ 75.3%
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Staff (FTE) -75% on 2023. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.4m
Fixed assets
€2,768 ▼ 58.0%
Current assets
€17.4m ▼ 1.4%
Equity and liabilities €17.4m
Equity
€12.0m ▲ 41.7%
Provisions
€37,466 ▼ 89.8%
Debt
€5.4m ▼ 39.0%
Debt's share of the balance-sheet total falls from 50.0% to 30.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6.3m▼
2023 · €8.2m
Cash flow
€3.5m▼
2023 · €6.1m
Current ratio
3.55▲
2023 · 3.10
Debt to equity
0.45▼
2023 · 1.04
ROE
29.4%▼
2023 · 72.3%
ROA
20.3%▼
2023 · 34.6%
Interest coverage
141.61▼
2023 · 1280.12
Debt ≤ 1 year
€4.9m▼
2023 · €5.7m
Income taxes
€1.7m▼
2023 · €2.1m
Staff costs
€5.9m▲
2023 · €5.1m
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 0.3% 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €12.9m | - |
| Turnover70 | - | €6.6m | - | - | €12.9m | - |
| Operating charges60/66A | - | - | - | - | €6.6m | - |
| Goods, raw materials, services and sundry goods60/61 | - | €4.6m | - | - | - | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €390,690 | - |
| Purchases600/8 | - | - | - | - | €390,690 | - |
| Services and other goods61 | - | - | - | - | €448,847 | - |
| Remuneration, social security and pensions62 | - | €2.8m | €4.4m | €5.1m | €5.9m | ▲ 15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56,443 | €51,010 | €38,858 | €9,348 | €2,748 | ▼ 70.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €22,927 | -€34,926 | €99,138 | -€224,512 | ▼ 326% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | -€112,556 | - |
| Other operating charges640/8 | - | €3,032 | €32,889 | €495,686 | €236,979 | ▼ 52.2% |
| Gross operating margin9900 | €2.3m | €2.1m | €5.9m | €13.8m | - | - |
| Operating profit (loss)9901 | -€68,584 | -€807,318 | €1.4m | €8.2m | €6.3m | ▼ 23.3% |
| Financial income75/76B | - | €119,934 | €69,546 | €55,839 | €1,482 | ▼ 97.3% |
| Recurring financial income75 | €128,167 | €119,934 | €69,546 | €55,839 | €1,482 | ▼ 97.3% |
| Other financial income752/9 | - | - | - | - | €1,482 | - |
| Financial charges65/66B | - | €118,820 | €5,121 | €6,385 | €1.1m | ▲ 16,470% |
| Recurring financial charges65 | €299,475 | €118,820 | €5,121 | €6,385 | €44,214 | ▲ 593% |
| Other financial charges652/9 | - | - | - | - | €44,214 | - |
| Non-recurring financial charges66B | - | - | - | - | €1.0m | - |
| Profit (loss) for the period before taxes9903 | -€239,892 | -€806,204 | €1.5m | €8.2m | €5.2m | ▼ 36.7% |
| Income taxes67/77 | €1,361 | €1,250 | €175,457 | €2.1m | €1.7m | ▼ 20.1% |
| Taxes670/3 | - | - | - | - | €1.7m | - |
| Profit (loss) for the period9904 | -€241,253 | -€807,454 | €1.3m | €6.1m | €3.5m | ▼ 42.3% |
| Profit (loss) for the period to be appropriated9905 | -€241,253 | -€807,454 | €1.3m | €6.1m | €3.5m | ▼ 42.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.0m | €6.4m | €9.3m | €17.7m | €17.4m | ▼ 1.4% |
| Fixed assets21/28 | €90,385 | €53,567 | €14,710 | €6,587 | €2,768 | ▼ 58.0% |
| Intangible fixed assets21 | €34,321 | €15,381 | €738 | - | - | - |
| Tangible fixed assets22/27 | €52,870 | €34,992 | €10,778 | €3,393 | €644 | ▼ 81.0% |
| Plant, machinery and equipment23 | - | €28,276 | €10,778 | €3,393 | €644 | ▼ 81.0% |
| Furniture and vehicles24 | - | €4,832 | - | - | - | - |
| Other tangible fixed assets26 | - | €1,885 | - | - | - | - |
| Financial fixed assets28 | €3,194 | €3,194 | €3,194 | €3,194 | €2,124 | ▼ 33.5% |
| Other financial fixed assets284/8 | - | - | - | - | €2,124 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €2,124 | - |
| Current assets29/58 | €5.9m | €6.3m | €9.2m | €17.7m | €17.4m | ▼ 1.4% |
| Amounts receivable after more than one year29 | - | €1.8m | €984,000 | €656,000 | - | - |
| Other amounts receivable291 | - | €1.8m | €984,000 | €656,000 | - | - |
| Amounts receivable within one year40/41 | €3.5m | €4.0m | €7.2m | €14.8m | €12.3m | ▼ 16.9% |
| Trade receivables40 | - | €2.7m | €6.9m | €14.5m | €11.3m | ▼ 22.3% |
| Other amounts receivable41 | - | €1.3m | €328,000 | €328,000 | €1.1m | ▲ 221% |
| Cash at bank and in hand54/58 | €434,834 | €340,600 | €562,072 | €1.7m | €5.0m | ▲ 203% |
| Deferred charges and accrued income490/1 | - | €199,247 | €469,848 | €547,940 | €89,123 | ▼ 83.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.0m | €6.4m | €9.3m | €17.7m | €17.4m | ▼ 1.4% |
| Equity10/15 | €1.8m | €1.0m | €2.3m | €8.5m | €12.0m | ▲ 41.7% |
| Contributions10/11 | €98,815 | €2.1m | €2.1m | €2.1m | €2.1m | = |
| Capital10 | - | €98,815 | €98,815 | €98,815 | €98,815 | = |
| Issued capital100 | - | €98,815 | €98,815 | €98,815 | €98,815 | = |
| Outside capital11 | - | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Share premium1100/10 | - | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Reserves13 | €9,881 | €9,881 | €9,881 | €9,881 | €9,881 | = |
| Non-distributable reserves130/1 | - | €9,881 | €9,881 | €9,881 | €9,881 | = |
| Legal reserve130 | - | €9,881 | €9,881 | €9,881 | €9,881 | = |
| Profit (loss) carried forward14 | -€229,351 | -€1.0m | €267,309 | €6.4m | €9.9m | ▲ 55.3% |
| Provisions and deferred taxes16 | - | - | - | €367,600 | €37,466 | ▼ 89.8% |
| Provisions for liabilities and charges160/5 | - | - | - | €367,600 | €37,466 | ▼ 89.8% |
| Other liabilities and charges164/5 | - | - | - | €367,600 | €37,466 | ▼ 89.8% |
| Amounts payable17/49 | €4.2m | €5.3m | €6.9m | €8.8m | €5.4m | ▼ 39.0% |
| Amounts payable within one year42/48 | €711,438 | €1.5m | €3.4m | €5.7m | €4.9m | ▼ 13.8% |
| Trade debts44 | €83,724 | €938,513 | €2.3m | €4.6m | €4.7m | ▲ 2.8% |
| Suppliers440/4 | - | €938,513 | €2.3m | €4.6m | €4.7m | ▲ 2.8% |
| Taxes, remuneration and social security45 | - | €595,625 | €1.2m | €1.1m | €166,733 | ▼ 84.6% |
| Taxes450/3 | - | €252,045 | €477,177 | €486,816 | €72,451 | ▼ 85.1% |
| Remuneration and social security454/9 | - | €343,581 | €684,313 | €595,229 | €94,282 | ▼ 84.2% |
| Accrued charges and deferred income492/3 | - | €3.8m | €3.5m | €3.1m | €477,990 | ▼ 84.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€241,253 | -€807,454 | €1.3m | €6.1m | €3.5m | ▼ 42.3% |
| + Depreciation and write-downs630 | €56,443 | €51,010 | €38,858 | €9,348 | €2,748 | ▼ 70.6% |
| Operating cash flow (approximation) | -€184,810 | -€756,444 | €1.3m | €6.1m | €3.5m | ▼ 42.4% |
| Investment in fixed assets (approximation) | - | -€14,192 | €0 | -€1,225 | €1,070 | ▲ 187% |
| Change in cash | - | -€94,234 | €221,473 | €1.1m | €3.4m | ▲ 207% |
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
2026
17-09
State Gazette act
Director in office · Shareholding3 facts ▸
State Gazette act
Director in office · Shareholding
3 facts ▸
- Director in office, Rachita Sundar (director)
- Director in office, Derek Jason Athey (director)
- Shareholding, 31-12-2025, artikel 2:8 § 4 van het Wetboek van vennootschappen en verenigingen
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 271 days late
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 427 days late
2024
31-12
Financial
Equity above €10mEq €12.0m ▲41.7%
3 profitable years in a row build equity to €12.0m.
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 420 days late
2023
31-12
Financial
Highest result since 2018net €6.1m ▲370%
Operating result €8.2m, net result €6.1m, both a record.
31-12
Financial
Equity above €5mEq €8.5m ▲261%
2 profitable years in a row build equity to €8.5m.
2022
31-12
Financial
Back to profitnet €1.3m
Net result €1.3m after 2 loss-making years.
31-12
Financial
Equity above €2mEq €2.3m ▲126%
Equity rises from €1.0m to €2.3m.
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 116 days late
2021
31-12
Financial
Weakest financial yearnet -€807,454
Net result drops to -€807,454, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
31-12
Financial
Liquidity doublescurrent ratio 8.33
Current ratio from 3.59 to 8.33; short-term debt falls from €2.1m to €711,438.
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 118 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 86 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 15 acts read
About the unread acts
Of the 15 Belgian State Gazette acts we know for this company, 1 has been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2011
Ground area
465 m²
Building footprint
124 m²
Volume, LiDAR
1,873 m³
Parcel 44021A1023/00P000, Flanders · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Engagor
since 20112.197.589.735
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A1023/00P000 | Flanders | 465 m² | 1 · 124 m² | 17.4 m · 5 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.
Structure & network
Owners and holdings
2 ownersOwners 2
- Clarabridge Inc.USparentSourceown accounts 202399.91%
- Clarabridge UK LimitedGBSourceown accounts 20230.09%
Holdings 0
The accounts to 31-12-2023 list no holdings, and no other source names one.
According to the 2023 annual accounts of ENGAGOR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Identification & contact
Identification
Legal formPublic limited company
Founded25-02-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0834080135
Registered
04-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.