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Engimmo

Active
Public limited companyfounded 1992active for 34 yearsMolenstraat 218, 2490 Balen, BelgiumKBO/BCE: BE 0448.092.092
Summary

Engimmo has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €194,281 and a net result of -€3,896. Equity remains stable across the filed financial years (±0.9% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€194,281▼ 2.0%
2024 · €198,177
Total assets
€199,697▼ 1.0%
2024 · €201,639
Net result
-€3,896▲ 14.9%
2024 · -€4,577
Working capital
€123,737▼ 9.1%
2024 · €136,096
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €3,914 in 2025 against €4,585 in 2024; the loss shrinks.

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

Operating result-€3,914 2025 Net result-€3,896 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€96,927--€11,376-€9,534▲ 16.2%€88,463-€8,374-€8,809▼ 5.2%-€4,585▲ 47.9%-€3,914▲ 14.6%
Net result€68,229--€5,404-€2,008▲ 62.8%€67,256€962▼ 98.6%€1,095▲ 13.9%-€4,577-€3,896▲ 14.9%
Equity€403,793-€398,389▼ 1.3%€396,381▼ 0.5%€463,637▲ 17.0%€464,599▲ 0.2%€465,695▲ 0.2%€198,177▼ 57.4%€194,281▼ 2.0%
Total assets€538,160-€534,573▼ 0.7%€396,381▼ 25.9%€494,773▲ 24.8%€465,051▼ 6.0%€467,353▲ 0.5%€201,639▼ 56.9%€199,697▼ 1.0%
Debt€134,367-€136,184▲ 1.4%€31,136€452▼ 98.5%€1,658▲ 267%€3,462▲ 109%€5,416▲ 56.4%
Working capital€309,706-€310,434▲ 0.2%€401,640€404,122▲ 0.6%€405,957▲ 0.5%€136,096▼ 66.5%€123,737▼ 9.1%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199,697
Fixed assets €70,544 ▲ 13.6%
Current assets €129,153 ▼ 7.5%
Equity and liabilities €199,697
Equity €194,281 ▼ 2.0%
Debt €5,416 ▲ 56.4%
Debt's share of the balance-sheet total rises from 1.7% to 2.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€1,199▲
2024 · -€3,743
Cash flow
-€1,180▲
2024 · -€3,734
Current ratio
23.85▼
2024 · 40.31
Debt to equity
0.03▲
2024 · 0.02
ROE
-2.0%▲
2024 · -2.3%
ROA
-2.0%▲
2024 · -2.3%
Debt ≤ 1 year
€5,416▲
2024 · €3,462
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 12,322 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€201,639€199,697▼
Fixed assets21/28€62,081€70,544▲
Tangible fixed assets22/27€62,081€70,544▲
Land and buildings22€61,753€66,055▲
Plant, machinery and equipment23€328€2,385▲
Furniture and vehicles24-€2,104
Current assets29/58€139,558€129,153▼
Cash at bank and in hand54/58€137,977€127,489▼
Deferred charges and accrued income490/1€1,581€1,664▲
Equity and liabilities
Total equity and liabilities10/49€201,639€199,697▼
Equity10/15€198,177€194,281▼
Contributions10/11€112,719€112,719=
Capital10€112,719€112,719=
Issued capital100€112,719€112,719=
Reserves13€90,035€90,035=
Non-distributable reserves130/1€11,272€11,272=
Legal reserve130€11,272€11,272=
Distributable reserves133€78,763€78,763=
Profit (loss) carried forward14-€4,577-€8,473▼
Amounts payable17/49€3,462€5,416▲
Amounts payable within one year42/48€3,462€5,416▲
Trade debts44-€76
Suppliers440/4-€76
Other amounts payable47/48€3,462€5,340▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€843€2,715▲
Gross operating margin9900-€3,743-€1,199▲
Operating profit (loss)9901-€4,585-€3,914▲
Financial income75/76B€8€18▲
Recurring financial income75€8€18▲
Profit (loss) for the period before taxes9903-€4,577-€3,896▲
Profit (loss) for the period9904-€4,577-€3,896▲
Profit (loss) for the period to be appropriated9905-€4,577-€3,896▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4,577-€8,473▼
Profit (loss) brought forward from the previous period14P--€4,577
Transfer from equity791/2€262,940-
Profit to be distributed694/7€262,940-
Return on contributions (dividend)694€262,940-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,541€7,506€6,904€6,383€1,519€740€843€2,715▲ 222%
Other operating charges640/8---€14,998-----
Gross operating margin9900€120,465-€3,870-€2,630€109,843-€6,855-€8,069-€3,743-€1,199▲ 68.0%
Operating profit (loss)9901€96,927-€11,376-€9,534€88,463-€8,374-€8,809-€4,585-€3,914▲ 14.6%
Financial income75/76B---€8,440€9,861€10,453€8€18▲ 121%
Recurring financial income75€4,392€5,972€7,526€8,440€9,861€10,453€8€18▲ 121%
Financial charges65/66B---€0€84----
Recurring financial charges65-€0-€0€84----
Profit (loss) for the period before taxes9903€101,319-€5,404-€2,008€96,903€1,403€1,644-€4,577-€3,896▲ 14.9%
Income taxes67/77€134,237--€29,647€441€548---
Profit (loss) for the period9904€68,229-€5,404-€2,008€67,256€962€1,095-€4,577-€3,896▲ 14.9%
Profit (loss) for the period to be appropriated9905€264,573-€5,404-€2,008€67,256€962€1,095-€4,577-€3,896▲ 14.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€538,160€534,573€396,381€494,773€465,051€467,353€201,639€199,697▼ 1.0%
Fixed assets21/28€94,087€87,956€83,377€61,997€60,478€59,738€62,081€70,544▲ 13.6%
Tangible fixed assets22/27€94,087€87,956€83,377€61,997€60,478€59,738€62,081€70,544▲ 13.6%
Land and buildings22---€58,945€58,945€58,945€61,753€66,055▲ 7.0%
Plant, machinery and equipment23---€3,052€1,533€793€328€2,385▲ 628%
Furniture and vehicles24-------€2,104-
Current assets29/58€444,073€446,618€313,004€432,776€404,573€407,615€139,558€129,153▼ 7.5%
Amounts receivable within one year40/41€56,251€73,058€128,786€136,868€146,272----
Other amounts receivable41---€136,868€146,272----
Cash at bank and in hand54/58€386,514€371,983€183,363€294,420€256,673€405,833€137,977€127,489▼ 7.6%
Deferred charges and accrued income490/1---€1,488€1,629€1,782€1,581€1,664▲ 5.3%
Equity and liabilities
Total equity and liabilities10/49€538,160€534,573€396,381€494,773€465,051€467,353€201,639€199,697▼ 1.0%
Equity10/15€403,793€398,389€396,381€463,637€464,599€465,695€198,177€194,281▼ 2.0%
Contributions10/11€112,719€112,719€112,719€112,719€112,719€112,719€112,719€112,719=
Capital10---€112,719€112,719€112,719€112,719€112,719=
Issued capital100---€112,719€112,719€112,719€112,719€112,719=
Reserves13€291,074€291,074€291,074€350,918€351,880€352,975€90,035€90,035=
Non-distributable reserves130/1---€11,272€11,272€11,272€11,272€11,272=
Legal reserve130---€11,272€11,272€11,272€11,272€11,272=
Distributable reserves133---€339,646€340,608€341,703€78,763€78,763=
Profit (loss) carried forward14-€2,942-€5,404-€7,412----€4,577-€8,473▼ 85.1%
Amounts payable17/49€134,367€136,184-€31,136€452€1,658€3,462€5,416▲ 56.4%
Amounts payable within one year42/48€134,367€136,184-€31,136€452€1,658€3,462€5,416▲ 56.4%
Trade debts44€129€1,947-€1,489€11--€76-
Suppliers440/4---€1,489€11--€76-
Taxes, remuneration and social security45---€29,647€441€548---
Taxes450/3---€29,647€441€548---
Other amounts payable47/48-----€1,110€3,462€5,340▲ 54.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€68,229-€5,404-€2,008€67,256€962€1,095-€4,577-€3,896▲ 14.9%
+ Depreciation and write-downs630€8,541€7,506€6,904€6,383€1,519€740€843€2,715▲ 222%
Operating cash flow (approximation)€76,769€2,102€4,896€73,638€2,481€1,835-€3,734-€1,180▲ 68.4%
Investment in fixed assets (approximation)--€1,375-€2,325€14,998€0€0-€3,186-€11,179▼ 251%
Change in cash--€14,531-€188,621€111,057-€37,747€149,160-€267,855-€10,489▲ 96.1%

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

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Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 16-07-2026 2026-00298281
31-12-2024 micro format 27-06-2025 2025-00187247
31-12-2023 micro format 28-06-2024 2024-00177535
31-12-2022 micro format 27-06-2023 2023-00161244
31-12-2021 micro format 01-07-2022 2022-20118708
31-12-2020 micro format 29-11-2021 2021-78600493
31-12-2019 micro format 30-06-2020 2020-23100260
31-12-2018 micro format 30-07-2019 2019-40400601
31-12-2017 micro format 06-06-2018 2018-17000068
31-12-2016 micro format 13-06-2017 2017-16700369

Show all 33 filings

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