Financials
- Fiscal year
- 2024
- Total assets
- €1.2m
- Profit
- €43,355
- Solvency
- 36.7%
Total assets▲ 46.1%
Net result
20182024
ENGELEN
ActiveSummary
ENGELEN has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €428,280 and a net result of €43,355. Equity is growing by ~113.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 481 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Repair and maintenance of machinery
NACE 33120
1 site
Size
€1.2mtotal assets 2024
- Equity
- €428,280
- Profit
- €43,355
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 4 deeds read
Why 69- Figures for FY 2024 (filed 02-07-2025)- 1 financial year not filed after the legal deadline+ Size: total assets €1.2m+ Founded in 2012Show the evidence
Checked score
Score 2024
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 48% of its sector peers (NACE 33, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
62-11
equity 36.7% of total assets
Liquidity
63+5
short-term debt 14.2% · cash 12.3%
Profitability
73-6
return on assets 3.7%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 19 months
04-2025: 0.1%
05-2025: 0.1%▲ +2.1% vs 04-2025
06-2025: 0.1%▲ +22.2% vs 05-2025
07-2025: 0.2%▲ +62.8% vs 06-2025
08-2025: 0.1%▼ -59.9% vs 07-2025lowest value
09-2025: 0.1%● 0.0% vs 08-2025lowest value
10-2025: 0.1%● 0.0% vs 09-2025lowest value
11-2025: 0.1%● 0.0% vs 10-2025lowest value
12-2025: 0.1%● 0.0% vs 11-2025lowest value
01-2026: 0.1%● 0.0% vs 12-2025lowest value
02-2026: 0.1%● 0.0% vs 01-2026lowest value
03-2026: 0.1%▲ +3.8% vs 02-2026
04-2026: 0.1%▲ +8.5% vs 03-2026
05-2026: 0.1%▲ +9.0% vs 04-2026
06-2026: 0.1%▲ +14.4% vs 05-2026
07-2026: 0.1%▲ +26.1% vs 06-2026
08-2026: 0.4%▲ +172% vs 07-2026
09-2026: 0.5%▲ +20.2% vs 08-2026
10-2026: 0.7%▲ +57.6% vs 09-2026highest value
- Figures for FY 2024 (filed 02-07-2025) raises the probability
- Size: total assets €1.2m lowers the probability for this profile
- Founded in 2012 lowers the probability for this profile
- 1 financial year not filed after the legal deadline raises the probability
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.22 against 2.61 in 2023; short-term debt: 14.2% and cash: 12.3% of total assets), but 63.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 33, micro). Better than this share of them on solvency 41%, liquidity 60%, profitability 40%, growth against the median 52%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
19 d early
2022
32 d early
2021
31 d early
2020
32 d early
2019
35 d early
← 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 31 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
- Annual accounts filedfiscal year 2022 · abbreviated…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- 27-06-2025Annual accounts filed
- 12-07-2024Annual accounts filed
- 29-06-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Repair and maintenance of machineryNACE 33120
- Founded
- 26-10-2012
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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