ENGEAL
ActiveSummary
ENGEAL has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €25k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 89% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-8
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 10.26 against 3.71 in 2024; short-term debt: 8.9% and cash: 73.8% of total assets), and 8.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
91.1%
Return on assets
18.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €120k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 9 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
10 d early
2022
14 d early
2021
3 d early
2020
1 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▲ 25.9%
2024 · €95k
2018: €57k
2019: €47k▼ -17.7% vs 2018
2020: €23k▼ -51.4% vs 2019
2021: €21k▼ -6.9% vs 2020lowest in 8 years
2022: €32k▲ +49.1% vs 2021
2023: €49k▲ +54.4% vs 2022
2024: €95k▲ +93.6% vs 2023
2025: €120k▲ +25.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€131k▲ 23.4%
2024 · €107k
2018: €76klowest in 8 years
2019: €107k▲ +40.0% vs 2018
2020: €111k▲ +4.2% vs 2019
2021: €107k▼ -3.9% vs 2020
2022: €90k▼ -15.4% vs 2021
2023: €119k▲ +31.3% vs 2022
2024: €107k▼ -10.3% vs 2023
2025: €131k▲ +23.4% vs 2024highest in 8 years
2018 → 2025
Net result
€25k▼ 46.3%
2024 · €46k
2018: €26k
2019: €-10k▼ -140% vs 2018lowest in 8 years
2020: €16k▲ +255% vs 2019
2021: €18k▲ +17.2% vs 2020
2022: €10k▼ -43.1% vs 2021
2023: €50k▲ +380% vs 2022highest in 8 years
2024: €46k▼ -8.6% vs 2023
2025: €25k▼ -46.3% vs 2024
2018 → 2025
Working capital
€108k▲ 249%
2024 · €31k
2018: €39k
2019: €15k▼ -61.7% vs 2018
2020: €-15k▼ -203% vs 2019
2021: €-16k▼ -2.1% vs 2020lowest in 8 years
2022: €-8k▲ +52.0% vs 2021
2023: €33k▲ +532% vs 2022
2024: €31k▼ -5.3% vs 2023
2025: €108k▲ +249% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€32k▲ 49.1%€49k▲ 54.4%€95k▲ 93.6%€120k▲ 25.9%
2021: €21klowest in 5 years
2022: €32k▲ +49.1% vs 2021
2023: €49k▲ +54.4% vs 2022
2024: €95k▲ +93.6% vs 2023
2025: €120k▲ +25.9% vs 2024highest in 5 years
Operating result€25k-€16k▼ 38.0%€66k▲ 317%€60k▼ 8.6%€45k▼ 24.6%
2021: €25k
2022: €16k▼ -38.0% vs 2021lowest in 5 years
2023: €66k▲ +317% vs 2022highest in 5 years
2024: €60k▼ -8.6% vs 2023
2025: €45k▼ -24.6% vs 2024
Net result€18k-€10k▼ 43.1%€50k▲ 380%€46k▼ 8.6%€25k▼ 46.3%
2021: €18k
2022: €10k▼ -43.1% vs 2021lowest in 5 years
2023: €50k▲ +380% vs 2022highest in 5 years
2024: €46k▼ -8.6% vs 2023
2025: €25k▼ -46.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131k
Fixed assets
€12k ▼ 81.3%
Current assets
€119k ▲ 182%
Equity and liabilities €131k
Equity
€120k ▲ 25.9%
Debt
€12k ▲ 2.0%
Debt's share of the balance-sheet total falls from 10.7% to 8.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€52k▼
2024 · €66k
Cash flow
€31k▼
2024 · €52k
Current ratio
10.26▲
2024 · 3.71
Debt to equity
0.10▼
2024 · 0.12
ROE
20.6%▼
2024 · 48.3%
ROA
18.8%▼
2024 · 43.2%
Interest coverage
23.25▼
2024 · 28.54
Debt ≤ 1 year
€12k▲
2024 · €11k
Income taxes
€18k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€107k€131k▲
Fixed assets21/28€64k€12k▼
Tangible fixed assets22/27€64k€12k▼
Furniture and vehicles24€50k€1k▼
Other tangible fixed assets26€14k€11k▼
Current assets29/58€42k€119k▲
Amounts receivable within one year40/41€25k€19k▼
Trade receivables40€23k€17k▼
Other amounts receivable41€2k€3k▲
Current investments50/53€7k-
Cash at bank and in hand54/58€7k€97k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€107k€131k▲
Equity10/15€95k€120k▲
Contributions10/11€19k€19k=
Reserves13€19k€101k▲
Non-distributable reserves130/1€19k€2k▼
Reserves not available under the articles1311€19k€2k▼
Distributable reserves133-€99k
Profit (loss) carried forward14€58k-
Amounts payable17/49€11k€12k▲
Amounts payable within one year42/48€11k€12k▲
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€2k€9k▲
Remuneration and social security454/9€3k-
Income statement
Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€719€750▲
Gross operating margin9900€67k€53k▼
Operating profit (loss)9901€60k€45k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€58k€43k▼
Income taxes67/77€12k€18k▲
Profit (loss) for the period9904€46k€25k▼
Profit (loss) for the period to be appropriated9905€46k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€82k▲
Profit (loss) brought forward from the previous period14P€12k€58k▲
Transfer to equity691/2-€82k
To other reserves6921-€82k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €5k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €14k | €4k | €6k | €7k | ▲ 10.7% |
| Other operating charges640/8 | €1k | €645 | €1k | €719 | €750 | ▲ 4.4% |
| Gross operating margin9900 | €40k | €30k | €71k | €67k | €53k | ▼ 21.1% |
| Operating profit (loss)9901 | €25k | €16k | €66k | €60k | €45k | ▼ 24.6% |
| Financial income75/76B | - | - | €444 | - | - | - |
| Recurring financial income75 | - | - | €444 | - | - | - |
| Financial charges65/66B | €627 | €494 | €1k | €2k | €2k | ▼ 3.5% |
| Recurring financial charges65 | €627 | €494 | €1k | €2k | €2k | ▼ 3.5% |
| Profit (loss) for the period before taxes9903 | €25k | €15k | €65k | €58k | €43k | ▼ 25.5% |
| Income taxes67/77 | €6k | €5k | €15k | €12k | €18k | ▲ 55.8% |
| Profit (loss) for the period9904 | €18k | €10k | €50k | €46k | €25k | ▼ 46.3% |
| Profit (loss) for the period to be appropriated9905 | €18k | €10k | €50k | €46k | €25k | ▼ 46.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €107k | €90k | €119k | €107k | €131k | ▲ 23.4% |
| Fixed assets21/28 | €42k | €39k | €17k | €64k | €12k | ▼ 81.3% |
| Tangible fixed assets22/27 | €42k | €39k | €17k | €64k | €12k | ▼ 81.3% |
| Furniture and vehicles24 | €30k | €19k | - | €50k | €1k | ▼ 97.9% |
| Other tangible fixed assets26 | €12k | €20k | €17k | €14k | €11k | ▼ 23.5% |
| Current assets29/58 | €64k | €51k | €102k | €42k | €119k | ▲ 182% |
| Amounts receivable within one year40/41 | €18k | €23k | €16k | €25k | €19k | ▼ 22.2% |
| Trade receivables40 | €15k | €18k | €16k | €23k | €17k | ▼ 27.7% |
| Other amounts receivable41 | €4k | €5k | - | €2k | €3k | ▲ 57.7% |
| Current investments50/53 | - | - | - | €7k | - | - |
| Cash at bank and in hand54/58 | €44k | €26k | €85k | €7k | €97k | ▲ 1,345% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €4k | €3k | ▼ 18.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €107k | €90k | €119k | €107k | €131k | ▲ 23.4% |
| Equity10/15 | €21k | €32k | €49k | €95k | €120k | ▲ 25.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €19k | €19k | €101k | ▲ 437% |
| Non-distributable reserves130/1 | €2k | €2k | €19k | €19k | €2k | ▼ 90.1% |
| Reserves not available under the articles1311 | €2k | €2k | €19k | €19k | €2k | ▼ 90.1% |
| Distributable reserves133 | - | - | - | - | €99k | - |
| Profit (loss) carried forward14 | €886 | €11k | €12k | €58k | - | - |
| Amounts payable17/49 | €86k | €59k | €70k | €11k | €12k | ▲ 2.0% |
| Amounts payable after more than one year17 | €5k | - | - | - | - | - |
| Financial debts170/4 | €5k | - | - | - | - | - |
| Amounts payable within one year42/48 | €80k | €59k | €70k | €11k | €12k | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | €13k | €5k | - | - | - | - |
| Trade debts44 | €13k | €21k | €19k | €7k | €2k | ▼ 63.7% |
| Suppliers440/4 | €13k | €21k | €19k | €7k | €2k | ▼ 63.7% |
| Taxes, remuneration and social security45 | €3k | €5k | €9k | €5k | €9k | ▲ 90.4% |
| Taxes450/3 | €3k | €5k | €9k | €2k | €9k | ▲ 314% |
| Remuneration and social security454/9 | - | - | - | €3k | - | - |
| Other amounts payable47/48 | €52k | €27k | €41k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €10k | €50k | €46k | €25k | ▼ 46.3% |
| + Depreciation and write-downs630 | €14k | €14k | €4k | €6k | €7k | ▲ 10.7% |
| Operating cash flow (approximation) | €32k | €24k | €54k | €52k | €31k | ▼ 39.6% |
| Investment in fixed assets (approximation) | - | €-11k | €19k | €-54k | €45k | ▲ 184% |
| Change in cash | - | €-18k | €59k | €-78k | €90k | ▲ 216% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 10.26
Current ratio from 3.71 to 10.26.
31-12
Financial
Equity above €100kEq €120k ▲25.9%
6 profitable years in a row build equity to €120k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 3.71
Current ratio from 1.47 to 3.71; short-term debt falls from €70k to €11k.
21-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €50k ▲380%
Operating result €66k, net result €50k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Wemmel · 1 establishment unit since 2016
Ground area
236 m²
Building footprint
80 m²
Volume, LiDAR
101 m³
Parcel 22662B0374/00G000, Flanders · tallest building 13.0 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ENGEAL
since 20162.254.082.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0374/00G000 | Flanders | 236 m² | 1 · 80 m² | 13.0 m |
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 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,484 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
Founded23-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.