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ENGIFY

Active
Private limited company (pre-2019)founded 2018active for 8 yearsHoekje 34, 3221 Holsbeek, BelgiumKBO/BCE: BE 0697.821.067
Summary

The annual accounts of ENGIFY for financial year 2025 show a net loss of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €32,680 and a net result of -€52,644. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 21,074 sector peers (NACE 62, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
€114,091total assets 2025
Equity
€32,680
Loss
-€52,644
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Holdings
2
2025 accounts 14 days early1 of 3 deeds summarised
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 0.49, cash €0, halvedLoss of €52,644, the second in a row (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €114,091Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 12% of its sector peers (NACE 62, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 54-38
equity 28.6% of total assets
Liquidity 12-24
short-term debt 71.1% · cash 0.0%
Profitability 0=
return on assets -46.1%
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).

Sector median 0.1% (25,886 companies, NACE 62, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: 0.6%● unchanged vs 08-2025lowest value 10-2025: 0.6%● unchanged vs 09-2025lowest value 11-2025: 0.6%● unchanged vs 10-2025lowest value 12-2025: 0.6%● unchanged vs 11-2025lowest value 01-2026: 0.6%● unchanged vs 12-2025lowest value 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.1 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.49, compared with 1.26 in 2024, below 1; short-term debt: 71.1% and cash: 0% of total assets), and 71.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 28% on solvency, 5% on liquidity, 5% on profitability and 12% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.49, cash €0, halved
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Loss of €52,644, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €114,091
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€52,644
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
14 days early
2024
14 days early
2023
12 days late
2022
28 days late
2021
2 days late
2020
13 days late
2019
on the day
← 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 4 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€52,644
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€32,680▼ 61.7%
2024 · €85,324
Total assets
€114,091▼ 10.0%
2024 · €126,798
Net result
-€52,644▼ 13.2%
2024 · -€46,490
Working capital
-€41,147
2024 · €10,656
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €52,272 in 2025 against €45,932 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€52,272 2025 Net result-€52,644 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€79,285-€46,088▼ 41.9%€51,494▲ 11.7%€11,107▼ 78.4%-€10,765-€45,932▼ 327%-€52,272▼ 13.8%
Net result€61,792-€33,652within the sector's middle half▼ 45.5%€37,165within the sector's middle half▲ 10.4%€7,179within the sector's middle half▼ 80.7%-€10,974below the sector's middle half-€46,490below the sector's middle half▼ 324%-€52,644below the sector's middle half▼ 13.2%
Equity€67,192-€100,044within the sector's middle half▲ 48.9%€136,409within the sector's middle half▲ 36.3%€142,787within the sector's middle half▲ 4.7%€131,814within the sector's middle half▼ 7.7%€85,324within the sector's middle half▼ 35.3%€32,680within the sector's middle half▼ 61.7%
Total assets€71,633-€140,424within the sector's middle half▲ 96.0%€172,142within the sector's middle half▲ 22.6%€176,719within the sector's middle half▲ 2.7%€154,971within the sector's middle half▼ 12.3%€126,798within the sector's middle half▼ 18.2%€114,091within the sector's middle half▼ 10.0%
Debt€4,441-€40,379▲ 809%€35,733▼ 11.5%€33,932▼ 5.0%€23,157▼ 31.8%€41,474▲ 79.1%€81,412▲ 96.3%
Working capital€67,192-€50,044within the sector's middle half▼ 25.5%€81,409within the sector's middle half▲ 62.7%€85,989within the sector's middle half▲ 5.6%€75,514within the sector's middle half▼ 12.2%€10,656below the sector's middle half▼ 85.9%-€41,147below the sector's middle half
Solvency93.8%-71.2%within the sector's middle half▼ 22.6pp79.2%within the sector's middle half▲ 8.0pp80.8%above the sector's middle half▲ 1.6pp85.1%above the sector's middle half▲ 4.3pp67.3%within the sector's middle half▼ 17.8pp28.6%within the sector's middle half▼ 38.6pp
Current ratio16.13-2.24within the sector's middle half▼ 13.893.28within the sector's middle half▲ 1.043.55within the sector's middle half▲ 0.274.26within the sector's middle half▲ 0.711.26below the sector's middle half▼ 3.000.49below the sector's middle half▼ 0.76
Return on assets (ROA)86.3%-24.0%within the sector's middle half▼ 62.3pp21.6%within the sector's middle half▼ 2.4pp4.1%within the sector's middle half▼ 17.5pp-7.1%below the sector's middle half▼ 11.1pp-36.7%below the sector's middle half▼ 29.6pp-46.1%below the sector's middle half▼ 9.5pp
Staff (FTE)0.6
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114,091
Fixed assets €74,102 ▼ 0.8%
Current assets €39,989 ▼ 23.2%
Equity and liabilities €114,091
Equity €32,680 ▼ 61.7%
Debt €81,412 ▲ 96.3%
Debt's share of the balance-sheet total rises from 32.7% to 71.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€51,679▼
2024 · -€45,225
Cash flow
-€52,051▼
2024 · -€45,783
Debt to equity
2.49▲
2024 · 0.49
ROE
-161.1%▼
2024 · -54.5%
Interest coverage
-263.64▼
2024 · -117.60
Debt ≤ 1 year
€81,136▲
2024 · €41,448
Income taxes
€176▲
2024 · €174
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€126,798€114,091▼
Fixed assets21/28€74,695€74,102▼
Tangible fixed assets22/27€593€0▼
Furniture and vehicles24€593€0▼
Financial fixed assets28€74,102€74,102=
Current assets29/58€52,103€39,989▼
Amounts receivable within one year40/41€40,870€39,801▼
Trade receivables40€1,028€47▼
Other amounts receivable41€39,842€39,754▼
Cash at bank and in hand54/58€19€0▼
Deferred charges and accrued income490/1€11,215€188▼
Equity and liabilities
Total equity and liabilities10/49€126,798€114,091▼
Equity10/15€85,324€32,680▼
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€77,264€24,620▼
Amounts payable17/49€41,474€81,412▲
Amounts payable within one year42/48€41,448€81,136▲
Trade debts44€17,226€730▼
Suppliers440/4€17,226€730▼
Taxes, remuneration and social security45€813€825▲
Taxes450/3€339€351▲
Remuneration and social security454/9€474€474=
Other amounts payable47/48€23,408€79,581▲
Accrued charges and deferred income492/3€27€276▲
Income statement Code20242025
Non-recurring operating income76A-€375
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€707€593▼
Other operating charges640/8€946€970▲
Gross operating margin9900-€44,279-€50,709▼
Operating profit (loss)9901-€45,932-€52,272▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€385€196▼
Recurring financial charges65€385€196▼
Profit (loss) for the period before taxes9903-€46,316-€52,468▼
Income taxes67/77€174€176▲
Profit (loss) for the period9904-€46,490-€52,644▼
Profit (loss) for the period to be appropriated9905-€46,490-€52,644▼
Appropriation of the result
Profit (loss) to be appropriated9906€77,264€24,620▼
Profit (loss) brought forward from the previous period14P€123,754€77,264▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A------€375-
Remuneration, social security and pensions62--€17,566-€2,249€372---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€114€707€707€593▼ 16.2%
Other operating charges640/8--€1,442€1,112€1,167€946€970▲ 2.6%
Gross operating margin9900€80,929€55,106€70,502€10,085-€8,518-€44,279-€50,709▼ 14.5%
Operating profit (loss)9901€79,285€46,088€51,494€11,107-€10,765-€45,932-€52,272▼ 13.8%
Financial income75/76B--€506€607€125€1--
Recurring financial income75€241€720€506€607€125€1--
Financial charges65/66B--€430€637€169€385€196▼ 49.0%
Recurring financial charges65€547€475€430€637€169€385€196▼ 49.0%
Profit (loss) for the period before taxes9903€78,979€46,333€51,569€11,077-€10,809-€46,316-€52,468▼ 13.3%
Income taxes67/77€17,186€12,681€14,405€3,899€164€174€176▲ 1.0%
Profit (loss) for the period9904€61,792€33,652€37,165€7,179-€10,974-€46,490-€52,644▼ 13.2%
Profit (loss) for the period to be appropriated9905€61,792€33,652€37,165€7,179-€10,974-€46,490-€52,644▼ 13.2%
Line2019202020212022202320242025Change
Assets
Total assets20/58€71,633€140,424€172,142€176,719€154,971€126,798€114,091▼ 10.0%
Fixed assets21/28-€50,000€55,000€57,007€56,300€74,695€74,102▼ 0.8%
Tangible fixed assets22/27---€2,007€1,300€593€0▼ 100.0%
Furniture and vehicles24---€2,007€1,300€593€0▼ 100.0%
Financial fixed assets28-€50,000€55,000€55,000€55,000€74,102€74,102=
Current assets29/58€71,633€90,424€117,142€119,712€98,671€52,103€39,989▼ 23.2%
Amounts receivable within one year40/41€56,743€73,079€90,438€115,968€95,758€40,870€39,801▼ 2.6%
Trade receivables40--€16,698€12,199€11,374€1,028€47▼ 95.4%
Other amounts receivable41--€73,740€103,769€84,384€39,842€39,754▼ 0.2%
Cash at bank and in hand54/58€13,479€14,649€24,247€1,176€748€19€0▼ 99.8%
Deferred charges and accrued income490/1--€2,457€2,569€2,165€11,215€188▼ 98.3%
Equity and liabilities
Total equity and liabilities10/49€71,633€140,424€172,142€176,719€154,971€126,798€114,091▼ 10.0%
Equity10/15€67,192€100,044€136,409€142,787€131,814€85,324€32,680▼ 61.7%
Contributions10/11€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€60,992€93,844€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14--€128,349€134,727€123,754€77,264€24,620▼ 68.1%
Amounts payable17/49€4,441€40,379€35,733€33,932€23,157€41,474€81,412▲ 96.3%
Amounts payable within one year42/48€4,441€40,379€35,733€33,723€23,157€41,448€81,136▲ 95.8%
Financial debts43--€11,677-----
Credit institutions430/8--€11,677-----
Trade debts44€664€6,354€2,139€8,077€5,006€17,226€730▼ 95.8%
Suppliers440/4--€2,139€8,077€5,006€17,226€730▼ 95.8%
Taxes, remuneration and social security45--€21,917€15,646€7,069€813€825▲ 1.4%
Taxes450/3--€20,076€14,646€6,595€339€351▲ 3.5%
Remuneration and social security454/9--€1,841€1,000€474€474€474=
Other amounts payable47/48---€10,000€11,082€23,408€79,581▲ 240%
Accrued charges and deferred income492/3---€209-€27€276▲ 929%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€61,792€33,652€37,165€7,179-€10,974-€46,490-€52,644▼ 13.2%
+ Depreciation and write-downs630---€114€707€707€593▼ 16.2%
Operating cash flow (approximation)€61,792€33,652€37,165€7,293-€10,267-€45,783-€52,051▼ 13.7%
Investment in fixed assets (approximation)---€5,000-€2,121€0-€19,102€0-
Change in cash-€1,169€9,598-€23,071-€428-€729-€19▲ 97.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 micro format 17-07-2026 2026-00315931
31-12-2024 micro format 17-07-2025 2025-00285117
31-12-2023 micro format 12-08-2024 2024-00344613
31-12-2022 micro format 28-08-2023 2023-00361941
31-12-2021 micro format 02-08-2022 2022-20261537
31-12-2020 micro format 13-08-2021 2021-48700448
31-12-2019 micro format 31-07-2020 2020-38000215

Similar companies · same sector, comparable size

Of the 16,988 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,968. 6,572 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 · 1 entry · €270 awarded · €270 paid
Schemes
1 entry · €270 · €270 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

2 holdings

Holdings 2

Source for every holding own accounts 2025

  • Equity €3,140Result €3,565
    50%
  • Equity -€49,393Result -€37,278
    40.5%

According to the 2025 annual accounts of ENGIFY and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 1 of 3 Gazette acts processed.

History

On 12 June 2018, ENGIFY was incorporated.1 In 2023 the registered office moved to Nieuwrode.2 Total assets went from €71,633 in 2019 to €114,091 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-07-2023
  3. 3National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Weakest financial yearnet -€52,644
Net result drops to -€52,644, the lowest in the series.
17-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
12-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 12 days late
2023
28-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 28 days late
28-07
Gazette deed Registered office
Registered-office move1 fact ▸
  • Registered-office move, 3221 Nieuwrode,Hoekje 34
2022
02-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 2 days late
2021
13-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 13 days late
2020
31-12
Financial Equity above €100,000equity €100,044 ▲48.9%
A profit in every financial year since 2019 builds equity to €100,044.
31-07
NBB filing Annual accounts filed
financial year 2019 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded12-06-2018
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0697821067
Also 9925:BE0697821067
Registered 09-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Holsbeek · 1 establishment unit since 2018
registered office establishment The establishment unit on the map
Ground area
825 m²
Building footprint
149 m²
Building volume
700 m³
Parcel 24080D0128/00T000, Flanders · tallest building 6.8 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ENGIFY
Hoekje 34, 3221 HolsbeekComputer programming
since 2018unit no. 2.276.877.040
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
24080D0128/00T000 Flanders 825 m² 1 · 149 m² 6.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.