Engels B&S
ActiveEngels B&S has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €699k and a net result of €-4k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-7
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
short-term debt: 0.3% and cash: 44.6% of total assets, and 0.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99.7%
Return on assets
-0.6%
Age of the figures
20 mo
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
40 d early
2022
35 d early
2021
30 d late
2020
4 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€699k▼ 0.6%
2023 · €704k
2018: €579k
2019: €611k
2020: €591k
2021: €636k
2022: €667k
2023: €704k
2018 → 2024
Total assets
€701k▼ 1.2%
2023 · €709k
2018: €621k
2019: €618k
2020: €598k
2021: €640k
2022: €681k
2023: €709k
2018 → 2024
Net result
€-4k
2023 · €37k
2018: €69k
2019: €33k
2020: €34k
2021: €45k
2022: €31k
2023: €37k
2018 → 2024
Working capital
€633k▲ 3.4%
2023 · €612k
2018: €489k
2019: €544k
2020: €565k
2021: €618k
2022: €657k
2023: €612k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€591k-€636k▲ 7.5%€667k▲ 4.9%€704k▲ 5.5%€699k▼ 0.6%
Operating result€47k-€59k▲ 27.0%€41k▼ 29.9%€50k▲ 19.6%€-2k
Net result€34k-€45k▲ 30.7%€31k▼ 29.9%€37k▲ 18.4%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €50k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €701k
Fixed assets
€67k▼ 27.6%
Current assets
€635k▲ 2.8%
Equity and liabilities €701k
Equity
€699k▼ 0.6%
Debt
€2k▼ 67.2%
The debt ratio falls from 0.8% to 0.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24k▼
2023 · €67k
Cash flow
€21k▼
2023 · €55k
Solvency
99.7%▲
2023 · 99.2%
Debt / equity
0.00▼
2023 · 0.01
ROE
-0.6%▼
2023 · 5.3%
ROA
-0.6%▼
2023 · 5.2%
Interest coverage
6.78▼
2023 · 494.04
Debt
€2k▼
2023 · €6k
Debt ≤ 1 year
€2k▼
2023 · €6k
Income taxes
€1k▼
2023 · €14k
A ratio outside any meaningful range has been withheld (balance sheet total €701k, equity €699k).
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€709k€701k▼
Fixed assets21/28€92k€67k▼
Tangible fixed assets22/27€92k€67k▼
Plant, machinery and equipment23€596€273▼
Furniture and vehicles24€91k€66k▼
Current assets29/58€617k€635k▲
Stocks and contracts in progress3€4k€6k▲
Stocks30/36€4k€6k▲
Amounts receivable within one year40/41€21k€17k▼
Trade receivables40€11k€5k▼
Other amounts receivable41€10k€12k▲
Current investments50/53€300k€297k▼
Cash at bank and in hand54/58€290k€313k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€709k€701k▼
Equity10/15€704k€699k▼
Contributions10/11€30k€30k=
Reserves13€487k€487k=
Distributable reserves133€487k€487k=
Profit (loss) carried forward14€187k€182k▼
Amounts payable17/49€6k€2k▼
Amounts payable within one year42/48€6k€2k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Other amounts payable47/48€159€159=
Income statement
Code20232024
Remuneration, social security and pensions62€-351-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€25k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€69k€25k▼
Operating profit (loss)9901€50k€-2k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€136€3k▲
Recurring financial charges65€136€3k▲
Profit (loss) for the period before taxes9903€51k€-3k▼
Income taxes67/77€14k€1k▼
Profit (loss) for the period9904€37k€-4k▼
Profit (loss) for the period to be appropriated9905€37k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€224k€182k▼
Profit (loss) brought forward from the previous period14P€187k€187k=
Transfer to equity691/2€37k-
To other reserves6921€37k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-4k ▼112%
Net result drops to €-4k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 348.25
Current ratio from 111.22 to 348.25; short-term debt falls from €6k to €2k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 6current ratio 82.93
Current ratio from 13.12 to 82.93; short-term debt falls from €40k to €7k.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mechelen · 1 establishment unit since 2010
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.
Duivenstraat 772800 MechelenGround area
570 m²
Building footprint
129 m²
Volume, LiDAR
638 m³
Parcel 12402D0590/00Z000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B&S
since 20102.187.819.360
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402D0590/00Z000 | Flanders | 570 m² | 1 · 129 m² | 8.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 108 EUR awarded · 108 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 108 EUR | 108 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
6994007KT6CCBV9UL614
Similar companies · same sector, comparable size
Etablissements Ernest Seghers et Fils
BE 0407.232.427
Ecaussinnes · Eq €703k
MICHEL - LAMBERTY
BE 0831.323.751
Baelen · Eq €694k
DE VISSCHERE TECHNICS
BE 0803.118.824
Roeselare · Eq €704k
J. BROODS
BE 0427.437.824
Beveren-Kruibeke-Zwijndrecht · Eq €705k
VLS VERWARMING
BE 0842.123.415
Nijlen · Eq €705k
Of 7,033 companies in sector 43221 we hold annual accounts for 3,468. 2,009 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2010
Fiscal year end31-12
Abbreviation NL
B&S
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.