Equity
ENGINE31 paid out €75,069 in dividends. That is 181% of the 2025 profit.
ENGINE31 paid out €75,069 in dividends. That is 181% of the 2025 profit.
The micro format states no turnover.
Green is investment, beige is depreciation.
Short-term debts rose from €14,397 to €98,199.
The 2021 accounts came 2 days late. The other nine of the last ten were filed on time.
More equity than 86% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 66% of them on solvency, 45% on liquidity, 44% on profitability and 30% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 34,693 companies had the same profile as ENGINE31 has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of ENGINE31 itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for ENGINE31. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 3.48 (20.17 in 2024), above the usual 1.5. Short-term debt is 27.6% and cash 18.3% of total assets. 27.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ENGINE31 Landen | €355,922 | €103,993 | 72.4% | - |
| WIM CONSULTING Aarschot | €385,998 | €106,928 | 84.2% | - |
| PARAGON BUSINESS SOLUTIONS Aarschot | €390,218 | €112,701 | 83.3% | - |
| Givenco Keerbergen | €352,228 | €108,787 | 45.5% | - |
| Kedeco Dilbeek | €329,637 | €111,564 | 65.1% | - |
| CONSULT4SOLITION Tienen | €405,205 | €107,207 | 94.1% | - |
| Appricorn Leuven | €380,357 | €119,041 | 28.8% | - |
These companies have the same main activity as ENGINE31: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €330,000 and €405,000, founded between 2011 and 2014.
ENGINE31 files the micro format. That format states no turnover. The gross margin rose from €100,601 in 2014 to €103,993 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €140,000 and €200,000.
Higher than 64% of 21,208 companies in 2025.
Higher than 63% of 20,571 companies in 2025.
Higher than 38% of 20,746 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
355,922 | 305,622 | 254,311 | 266,818 | 268,914 | 281,886 | 194,454 | 170,167 | 154,899 | 162,340 | 132,902 | 124,300 | |
21/28 |
14,103 | 15,181 | 31,608 | 44,246 | 60,808 | 74,030 | 23,443 | 13,484 | 4,629 | 11,821 | 17,926 | 26,911 | |
22/27 |
14,103 | 15,181 | 31,608 | 44,246 | 60,808 | 74,030 | 23,443 | 13,484 | 4,629 | 11,821 | 17,926 | 26,911 | |
23 |
278 | 570 | 861 | 1,453 | 2,391 | 1,593 | 2,331 | 1,652 | 440 | 614 | 331 | - | |
24 |
12,828 | 12,972 | 28,464 | 39,868 | 54,850 | 68,227 | 15,827 | 5,473 | 297 | 570 | 1,891 | 4,414 | |
26 |
997 | 1,640 | 2,282 | 2,925 | 3,568 | 4,211 | 5,285 | 6,359 | 3,891 | 1,725 | - | - | |
29/58 |
341,819 | 290,441 | 222,703 | 222,572 | 208,105 | 207,856 | 171,011 | 156,683 | 150,270 | 150,519 | 114,976 | 97,389 | |
29 |
72,200 | 72,200 | 73,700 | 117,100 | 129,500 | 154,300 | 116,550 | 111,800 | 62,000 | 62,000 | 62,000 | 62,000 | |
290 |
0 | 72,200 | 73,700 | 117,100 | 129,500 | 154,300 | 116,550 | 111,800 | 62,000 | - | - | - | |
291 |
72,200 | - | - | - | - | - | - | - | - | 62,000 | 62,000 | 62,000 | |
40/41 |
201,257 | 40,291 | 1,636 | 19,957 | 18,562 | 18,997 | 15,881 | 8,319 | 13,702 | 18,304 | 27,316 | 23,469 | |
40 |
126,410 | 37,359 | 1,601 | 19,917 | 17,438 | 16,731 | 15,881 | 8,319 | 13,702 | 16,105 | 27,316 | 23,425 | |
41 |
74,847 | 2,932 | 35 | 40 | 1,123 | 2,266 | - | - | - | 2,199 | - | 44 | |
54/58 |
64,974 | 174,630 | 142,637 | 82,268 | 57,037 | 32,588 | 37,411 | 34,723 | 72,747 | 68,919 | 24,378 | 10,432 | |
490/1 |
3,388 | 3,321 | 4,730 | 3,247 | 3,006 | 1,971 | 1,169 | 1,841 | 1,820 | 1,295 | 1,282 | 1,488 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
355,922 | 305,622 | 254,311 | 266,818 | 268,914 | 281,886 | 194,454 | 170,167 | 154,899 | 162,340 | 132,902 | 124,300 | |
10/15 |
257,596 | 291,226 | 239,783 | 194,044 | 194,465 | 198,738 | 161,785 | 152,491 | 139,813 | 129,129 | 93,068 | 66,706 | |
10/11 |
15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 3,600 | 3,600 | 3,600 | 3,600 | 3,600 | 3,600 | |
13 |
242,596 | 276,226 | 224,783 | 179,044 | 179,465 | 183,738 | 146,785 | 137,491 | 124,813 | 114,129 | 78,068 | 51,706 | |
130/1 |
0 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
0 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
133 |
242,596 | 274,366 | 222,923 | 177,184 | 177,605 | 181,878 | 144,925 | 135,631 | 122,953 | 112,269 | 76,208 | 49,846 | |
14 |
0 | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
98,325 | 14,397 | 14,528 | 72,774 | 74,449 | 83,149 | 32,670 | 17,676 | 15,085 | 33,211 | 39,834 | 57,594 | |
17 |
- | - | - | - | 29,491 | 39,638 | - | - | - | 3,052 | 10,206 | 17,125 | |
170/4 |
- | - | - | - | 29,491 | 39,638 | - | - | - | 3,052 | 10,206 | 17,125 | |
42/48 |
98,199 | 14,397 | 14,278 | 72,524 | 44,958 | 43,161 | 32,670 | 17,676 | 10,069 | 30,159 | 29,628 | 40,469 | |
42 |
- | - | - | - | 10,143 | 9,992 | - | - | - | 7,154 | 6,919 | 6,692 | |
43 |
0 | 287 | 5,071 | 5,859 | 1,253 | 2,922 | - | - | - | - | - | - | |
430/8 |
0 | 287 | 5,071 | 5,859 | 1,253 | 2,922 | - | - | - | - | - | - | |
44 |
9,862 | 10,429 | - | 73 | 244 | - | 597 | 1,456 | 2,165 | 295 | 1,823 | 1,620 | |
440/4 |
9,862 | 10,429 | - | 73 | 244 | - | 597 | 1,456 | 2,165 | 295 | 1,823 | 1,620 | |
45 |
17,021 | 3,680 | 9,207 | 8,866 | 4,035 | 8,418 | 12,841 | 13,032 | 7,904 | 22,710 | 18,475 | 28,325 | |
450/3 |
17,021 | 3,680 | 9,207 | 8,866 | 4,035 | 8,418 | 12,841 | 13,032 | 7,904 | 21,610 | 17,375 | 28,325 | |
454/9 |
- | - | - | - | - | - | - | - | - | 1,100 | 1,100 | - | |
47/48 |
71,315 | - | - | 57,725 | 29,283 | 21,829 | 19,231 | 3,187 | - | - | 2,411 | 3,832 | |
492/3 |
127 | - | 250 | 250 | - | 350 | - | - | 5,016 | - | - | - | |
| Income statement | |||||||||||||
76A |
5,658 | - | - | - | - | 4,141 | - | - | 2,529 | - | - | - | |
9900 |
103,993 | 87,454 | 82,513 | 68,205 | 48,547 | 61,690 | 24,368 | 26,348 | 29,841 | 66,662 | 52,014 | 100,601 | |
630 |
4,612 | 16,426 | 19,924 | 18,736 | 17,786 | 10,443 | 7,975 | 4,460 | 1,238 | 8,720 | 9,932 | 16,285 | |
640/8 |
729 | 375 | 676 | 581 | 540 | 1,122 | 1,395 | 633 | 5,094 | 1,472 | 1,388 | 2,791 | |
66A |
41,902 | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
56,751 | 70,653 | 61,913 | 48,888 | 30,221 | 50,125 | 14,998 | 21,255 | 23,509 | 56,471 | 40,693 | 81,525 | |
75/76B |
1,830 | 1,273 | 3,000 | 1,983 | 1,649 | 1,999 | 1,806 | 1,582 | 1,754 | 1,718 | 1,734 | 277 | |
75 |
1,830 | 1,273 | 3,000 | 1,983 | 1,649 | 1,999 | 1,806 | 1,582 | 1,754 | 1,718 | 1,734 | 277 | |
65/66B |
132 | 91 | 368 | 628 | 865 | 427 | 50 | 398 | 582 | 563 | 861 | 4,347 | |
65 |
132 | 91 | 368 | 628 | 865 | 427 | 50 | 398 | 582 | 563 | 861 | 4,347 | |
9903 |
58,449 | 71,835 | 64,545 | 50,243 | 31,005 | 51,696 | 16,753 | 22,439 | 24,681 | 57,626 | 41,567 | 77,454 | |
67/77 |
17,010 | 20,392 | 18,806 | 14,603 | 8,916 | 14,743 | 7,460 | 9,761 | 13,996 | 21,565 | 15,205 | 25,748 | |
9904 |
41,439 | 51,443 | 45,738 | 35,640 | 22,089 | 36,953 | 9,293 | 12,678 | 10,685 | 36,061 | 26,362 | 51,706 | |
9905 |
41,439 | 51,443 | 45,738 | 35,640 | 22,089 | 36,953 | 9,293 | 12,678 | 10,685 | 36,061 | 26,362 | 51,706 | |
| Appropriation of the result | |||||||||||||
9906 |
41,439 | 51,443 | 45,738 | 35,640 | 22,089 | 36,953 | 9,293 | 12,678 | 10,685 | 36,061 | 26,362 | 51,706 | |
791/2 |
75,069 | - | - | 36,061 | 26,362 | - | - | - | - | - | - | - | |
691/2 |
41,439 | 51,443 | 45,738 | 35,640 | 22,089 | 36,953 | 9,293 | 12,678 | 10,685 | 36,061 | 26,362 | 51,706 | |
6920 |
0 | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
41,439 | 51,443 | 45,738 | 35,640 | 22,089 | 36,953 | 9,293 | 12,678 | 10,685 | 36,061 | 26,362 | 49,846 | |
694/7 |
75,069 | - | - | 36,061 | 26,362 | - | - | - | - | - | - | - | |
694 |
75,069 | - | - | 36,061 | 26,362 | - | - | - | - | - | - | - | |
| Document | |||||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 26-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 26-03-2026 | 2026-00064840 | |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00083792 | |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00078166 | |
| 30-09-2022 | micro format | 25-04-2023 | 2023-00066860 | |
| 30-09-2021 | micro format | 02-05-2022 | 2022-20016482 | |
| 30-09-2020 | micro format | 29-03-2021 | 2021-09300213 | |
| 30-09-2019 | micro format | 23-03-2020 | 2020-07400252 | |
| 30-09-2018 | micro format | 25-03-2019 | 2019-07800563 | |
| 30-09-2017 | micro format | 29-03-2018 | 2018-08700030 | |
| 30-09-2016 | abbreviated format | 23-03-2017 | 2017-07200215 | |
| 30-09-2015 | abbreviated format | 29-03-2016 | 2016-07800345 | |
| 30-09-2014 | abbreviated format | 04-03-2015 | 2015-05600359 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 61,363 | 87,079 | 81,837 | 67,624 | 48,007 | 60,568 | 22,972 | 25,715 | 24,746 | 65,191 | 50,626 | 97,810 | ||
| 46,051 | 67,870 | 65,662 | 54,376 | 39,875 | 47,396 | 17,268 | 17,138 | 11,923 | 44,780 | 36,294 | 67,991 | ||
| 131,325 | 0 | 7,285 | 2,174 | 4,564 | 91,278 | 17,934 | 13,315 | 4,639 | 2,615 | 948 | 43,196 | ||
| -109,656 | 31,993 | 60,369 | 25,230 | 24,450 | -4,823 | 2,688 | -38,024 | 3,828 | 44,541 | 13,946 | - | ||
| 243,620 | 276,044 | 208,425 | 150,048 | 163,147 | 164,695 | 138,341 | 139,007 | 140,201 | 120,359 | 85,348 | 56,920 | ||
| 72.4% | 95.3% | 94.3% | 72.7% | 72.3% | 70.5% | 83.2% | 89.6% | 90.3% | 79.5% | 70.0% | 53.7% | ||
| 3.48 | 20.17 | 15.60 | 3.07 | 4.63 | 4.82 | 5.23 | 8.86 | 14.92 | 4.99 | 3.88 | 2.41 | ||
| 0.38 | 0.05 | 0.06 | 0.38 | 0.38 | 0.42 | 0.20 | 0.12 | 0.11 | 0.26 | 0.43 | 0.86 | ||
| 16.1% | 17.7% | 19.1% | 18.4% | 11.4% | 18.6% | 5.7% | 8.3% | 7.6% | 27.9% | 28.3% | 77.5% | ||
| 11.6% | 16.8% | 18.0% | 13.4% | 8.2% | 13.1% | 4.8% | 7.5% | 6.9% | 22.2% | 19.8% | 41.6% | ||
| over 100 | over 100 | over 100 | over 100 | 55.48 | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €131,325 | - | €7,285 | €2,174 | €4,564 |
| €4,612 | €16,426 | €19,924 | €18,736 | €17,786 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 20% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total rises from 4.7% to 27.6%. Equity is lower and debt is higher.
ENGINE31 has no parent and no holdings in its annual accounts. VANDEWEERD Johan is the only director. ENGINE31 shares no director with another company.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Stelhainstraat 32a registered office 3401 Landen | 24-01-2013 | 2.216.423.670 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24118A0340/00E000 | 819 m² | 1 · 98 m² | 7.4 m |
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