Engineerinck
ActiveThe computed 12-month bankruptcy probability of Engineerinck is 2.1% (moderate). The 2025 annual accounts show equity of €22k and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 27559 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-12
Solvency28▼-11
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.66 in 2024; short-term debt: 16.8% and cash: 8.9% of total assets), and 97% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3%
Return on assets
2.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27559 sector peers (2025).
NBB · sector comparisonPosition among 27559 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
30 d late
2024
30 d late
2023
30 d late
2022
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 73.7%
2024 · €83k
2022: €35k
2023: €53k
2024: €83k
2022 → 2025
Total assets
€722k▲ 19.3%
2024 · €605k
2022: €75k
2023: €310k
2024: €605k
2022 → 2025
Net result
€18k▼ 38.9%
2024 · €30k
2022: €33k
2023: €20k
2024: €30k
2022 → 2025
Working capital
€-38k▲ 51.8%
2024 · €-79k
2022: €23k
2023: €113k
2024: €-79k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€35k-€53k▲ 54.0%€83k▲ 57.0%€22k▼ 73.7%
Operating result€42k-€27k▼ 36.6%€43k▲ 61.1%€36k▼ 15.1%
Net result€33k-€20k▼ 38.9%€30k▲ 49.7%€18k▼ 38.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €722k
Fixed assets
€639k▲ 41.5%
Current assets
€83k▼ 45.7%
Equity and liabilities €722k
Equity
€22k▼ 73.7%
Debt
€700k▲ 34.2%
The debt ratio rises from 86.2% to 97.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€73k▲
2024 · €55k
Cash flow
€55k▲
2024 · €42k
Solvency
3.0%▼
2024 · 13.8%
Current ratio
0.69▲
2024 · 0.66
Quick ratio
0.69▲
2024 · 0.66
Debt / equity
31.92▲
2024 · 6.25
ROE
84.3%▲
2024 · 36.3%
ROA
2.6%▼
2024 · 5.0%
Interest coverage
4.08▼
2024 · 5.12
Debt
€700k▲
2024 · €522k
Debt ≤ 1 year
€122k▼
2024 · €233k
Debt > 1 year
€576k▲
2024 · €286k
Income taxes
€44▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€605k€722k▲
Fixed assets21/28€451k€639k▲
Tangible fixed assets22/27€449k€636k▲
Land and buildings22€426k€564k▲
Plant, machinery and equipment23€2k€56k▲
Furniture and vehicles24€21k€16k▼
Financial fixed assets28€2k€2k=
Current assets29/58€154k€83k▼
Amounts receivable within one year40/41€27k€17k▼
Trade receivables40€27k€9k▼
Other amounts receivable41€5€8k▲
Cash at bank and in hand54/58€125k€64k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€605k€722k▲
Equity10/15€83k€22k▼
Contributions10/11€3k€3k=
Reserves13€80k€18k▼
Distributable reserves133€80k€18k▼
Profit (loss) carried forward14€439€935▲
Amounts payable17/49€522k€700k▲
Amounts payable after more than one year17€286k€576k▲
Financial debts170/4€286k€576k▲
Amounts payable within one year42/48€233k€122k▼
Current portion of amounts payable after more than one year42€16k€21k▲
Trade debts44€197k€8k▼
Suppliers440/4€197k€8k▼
Taxes, remuneration and social security45€16k€7k▼
Taxes450/3€14k€5k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€4k€86k▲
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€36k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€57k€76k▲
Operating profit (loss)9901€43k€36k▼
Financial income75/76B€11€15▲
Recurring financial income75€11€15▲
Financial charges65/66B€11k€18k▲
Recurring financial charges65€11k€18k▲
Profit (loss) for the period before taxes9903€32k€19k▼
Income taxes67/77€2k€44▼
Profit (loss) for the period9904€30k€18k▼
Profit (loss) for the period to be appropriated9905€30k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€19k▼
Profit (loss) brought forward from the previous period14P€153€439▲
Transfer from equity791/2-€80k
Transfer to equity691/2€30k€18k▼
To other reserves6921€30k€18k▼
Profit to be distributed694/7€0€80k▲
Return on contributions (dividend)694€0€80k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Weakest financial yearnet €18k ▼38.9%
Net result drops to €18k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Laureins · 1 establishment unit since 2021
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.
Langeweg(STL) 129980 Sint-LaureinsGround area
1.0 ha
Building footprint
165 m²
Volume, LiDAR
40 m³
Parcel 43014B0239/00D000, Flanders · tallest building 0.9 m. Linked by address, not a title deed.
1 establishment unit
Engineerinck
since 20212.319.206.553
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43014B0239/00D000 | Flanders | 1.0 ha | 1 · 165 m² | 0.9 m |
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 · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 75 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 7,376 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
28250Manufacture of machinery and equipment not elsewhere classified
28299Manufacture of machinery and equipment not elsewhere classified
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
43212Electrical installation work in industrial facilities
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.