ENGINEER-INC
ActiveSummary
The computed 12-month bankruptcy probability of ENGINEER-INC is 2.8% (moderate). The 2025 annual accounts show negative equity (-€8,627) and a net result of -€77,196. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 152 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency23▼-13
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 0.92 in 2024; short-term debt: 81.5% and cash: 5.1% of total assets), and equity is negative.
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Signals
Seven 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 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-1.9%
Return on assets
-17.2%
Age of the figures
18 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€8,627
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
on the day
2022
on the day
2021
23 d early
2020
61 d early
2019
305 d late
← 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 31 days after 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
Go further with this company
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€77,196▲ 14.7%
2024 · -€90,457
Working capital
-€124,260▼ 250%
2024 · -€35,510
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,042▼ 84.9%€108,111▲ 1,096%€136,804▲ 26.5%-€76,106-€55,754▲ 26.7%
Net result€94▼ 99.8%€71,846▲ 76,251%€102,831▲ 43.1%-€90,457-€77,196▲ 14.7%
Equity€112,699▲ 0.1%€184,545▲ 63.8%€159,026▼ 13.8%€68,569▼ 56.9%-€8,627
Total assets€590,429▼ 10.1%€585,509▼ 0.8%€698,431▲ 19.3%€605,231▼ 13.3%€449,901▼ 25.7%
Debt€477,730▼ 12.2%€400,965▼ 16.1%€539,406▲ 34.5%€536,662▼ 0.5%€458,529▼ 14.6%
Working capital€14,563▼ 17.5%€90,139▲ 519%€56,714▼ 37.1%-€35,510-€124,260▼ 250%
Staff (FTE)0.6
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €55,754 in 2025 against €76,106 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €449,901
Fixed assets
€207,486 ▼ 4.9%
Current assets
€242,415 ▼ 37.4%
Key figures and ratios
EBITDA
-€34,897▲
2024 · -€48,603
Cash flow
-€56,339▲
2024 · -€62,954
Solvency
-1.9%▼
2024 · 11.3%
Current ratio
0.66▼
2024 · 0.92
Debt to equity
-53.15▼
2024 · 7.83
ROA
-17.2%▼
2024 · -14.9%
Interest coverage
-1.60▲
2024 · -2.99
Debt ≤ 1 year
€366,676▼
2024 · €422,669
Debt > 1 year
€91,048▼
2024 · €113,859
Income taxes
€1,499▲
2024 · €944
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,943 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,155 | €25,092 | €28,687 | €27,503 | €20,857 | ▼ 24.2% |
| Other operating charges640/8 | - | €5,829 | €5,404 | €6,379 | €7,929 | ▲ 24.3% |
| Gross operating margin9900 | €60,713 | €139,031 | €170,895 | -€42,224 | -€26,968 | ▲ 36.1% |
| Operating profit (loss)9901 | €9,042 | €108,111 | €136,804 | -€76,106 | -€55,754 | ▲ 26.7% |
| Financial income75/76B | - | €726 | €3,568 | €2,848 | €1,877 | ▼ 34.1% |
| Recurring financial income75 | €23 | €726 | €3,568 | €2,848 | €1,877 | ▼ 34.1% |
| Financial charges65/66B | - | €6,283 | €6,802 | €16,255 | €21,819 | ▲ 34.2% |
| Recurring financial charges65 | €7,003 | €6,283 | €6,802 | €16,255 | €21,819 | ▲ 34.2% |
| Profit (loss) for the period before taxes9903 | €2,061 | €102,553 | €133,570 | -€89,513 | -€75,697 | ▲ 15.4% |
| Income taxes67/77 | €1,967 | €30,707 | €30,739 | €944 | €1,499 | ▲ 58.9% |
| Profit (loss) for the period9904 | €94 | €71,846 | €102,831 | -€90,457 | -€77,196 | ▲ 14.7% |
| Profit (loss) for the period to be appropriated9905 | €94 | €71,846 | €102,831 | -€90,457 | -€77,196 | ▲ 14.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €590,429 | €585,509 | €698,431 | €605,231 | €449,901 | ▼ 25.7% |
| Fixed assets21/28 | €278,045 | €253,522 | €238,708 | €218,071 | €207,486 | ▼ 4.9% |
| Tangible fixed assets22/27 | €277,797 | €253,347 | €238,533 | €217,896 | €207,311 | ▼ 4.9% |
| Land and buildings22 | - | €235,495 | €220,434 | €205,374 | €190,313 | ▼ 7.3% |
| Plant, machinery and equipment23 | - | €7,685 | €7,793 | €9,575 | €8,453 | ▼ 11.7% |
| Furniture and vehicles24 | - | €7,985 | €9,596 | €2,947 | €8,545 | ▲ 190% |
| Other tangible fixed assets26 | - | €2,182 | €710 | - | - | - |
| Financial fixed assets28 | €248 | €175 | €175 | €175 | €175 | = |
| Current assets29/58 | €312,383 | €331,988 | €459,723 | €387,160 | €242,415 | ▼ 37.4% |
| Amounts receivable after more than one year29 | - | - | €152,490 | - | - | - |
| Other amounts receivable291 | - | - | €152,490 | - | - | - |
| Amounts receivable within one year40/41 | €220,083 | €278,507 | €164,903 | €342,316 | €206,628 | ▼ 39.6% |
| Trade receivables40 | - | €274,131 | €159,160 | €317,316 | €139,500 | ▼ 56.0% |
| Other amounts receivable41 | - | €4,376 | €5,743 | €25,000 | €67,129 | ▲ 169% |
| Cash at bank and in hand54/58 | €63,512 | €29,683 | €125,465 | €32,231 | €22,959 | ▼ 28.8% |
| Deferred charges and accrued income490/1 | - | €23,797 | €16,865 | €12,613 | €12,828 | ▲ 1.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €590,429 | €585,509 | €698,431 | €605,231 | €449,901 | ▼ 25.7% |
| Equity10/15 | €112,699 | €184,545 | €159,026 | €68,569 | -€8,627 | ▼ 113% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €60,210 | €130,210 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | €128,350 | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €33,889 | €35,735 | €138,566 | €48,109 | -€29,087 | ▼ 160% |
| Amounts payable17/49 | €477,730 | €400,965 | €539,406 | €536,662 | €458,529 | ▼ 14.6% |
| Amounts payable after more than one year17 | €179,910 | €158,280 | €136,269 | €113,859 | €91,048 | ▼ 20.0% |
| Financial debts170/4 | - | €158,280 | €136,269 | €113,859 | €91,048 | ▼ 20.0% |
| Amounts payable within one year42/48 | €297,820 | €241,848 | €403,009 | €422,669 | €366,676 | ▼ 13.2% |
| Current portion of amounts payable after more than one year42 | - | €21,631 | €22,011 | €22,410 | €22,811 | ▲ 1.8% |
| Financial debts43 | - | €6,000 | €17,722 | €212,771 | €206,000 | ▼ 3.2% |
| Credit institutions430/8 | - | - | - | €200,000 | €200,000 | = |
| Other loans439 | - | €6,000 | €17,722 | €12,771 | €6,000 | ▼ 53.0% |
| Trade debts44 | €256,152 | €172,372 | €135,195 | €174,182 | €126,927 | ▼ 27.1% |
| Suppliers440/4 | - | €172,372 | €135,195 | €174,182 | €126,927 | ▼ 27.1% |
| Taxes, remuneration and social security45 | - | €41,440 | €99,731 | €7,874 | €4,580 | ▼ 41.8% |
| Taxes450/3 | - | €41,440 | €99,731 | €7,874 | €4,580 | ▼ 41.8% |
| Other amounts payable47/48 | - | €405 | €128,350 | €5,432 | €6,358 | ▲ 17.1% |
| Accrued charges and deferred income492/3 | - | €837 | €128 | €134 | €805 | ▲ 501% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €94 | €71,846 | €102,831 | -€90,457 | -€77,196 | ▲ 14.7% |
| + Depreciation and write-downs630 | €29,155 | €25,092 | €28,687 | €27,503 | €20,857 | ▼ 24.2% |
| Operating cash flow (approximation) | €29,249 | €96,938 | €131,518 | -€62,954 | -€56,339 | ▲ 10.5% |
| Investment in fixed assets (approximation) | - | -€568 | -€13,874 | -€6,866 | -€10,272 | ▼ 49.6% |
| Change in cash | - | -€33,829 | €95,782 | -€93,234 | -€9,271 | ▲ 90.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Weakest financial yearnet -€90,457
Net result drops to -€90,457, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Highest result since 2019net €102,831 ▲43.1%
Operating result €136,804, net result €102,831, both a record.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Equity above €150,000Eq €184,545 ▲63.8%
3 profitable years in a row build equity to €184,545.
2021
08-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 305 days late
31-03
Financial
Back to profitnet €44,388
Net result €44,388 after one loss-making year.
31-03
Financial
Equity above €100,000Eq €112,605 ▲65.1%
Equity rises from €68,217 to €112,605.
Show earlier events
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek · 2 establishment units since 2009
Ground area
394 m²
Building footprint
343 m²
Volume, LiDAR
2,946 m³
2 parcels, Brussels · tallest building 17.8 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Sander Pierronstraat 7, 1030 Schaarbeek
since 20092.177.533.994
Engineer-Inc
since 20162.256.952.052
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0120/00D008 | Brussels | 277 m² | 1 · 276 m² | 17.8 m · 2 fl. |
| 21015A0162/00K002 | Brussels | 118 m² | 1 · 67 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,226 companies in sector 33200 we hold annual accounts for 678. 505 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-04-2009
Fiscal year end31-03
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
43240Other construction installation
43990Other specialised construction activities
70200Business and other management consultancy
Contact
E-mail
marc-henri.gonda@engineer-inc.comSchaarbeek
Phone
0497/375435Schaarbeek
E-invoicing
Reachable via Peppol
Peppol ID
0208:0811193875
Registered
27-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.