ENGINEERING EN TECHNICAL SERVICES
ActiveSummary
The annual accounts of ENGINEERING EN TECHNICAL SERVICES for financial year 2025 show a net loss of 564% of total assets and of 95% of the equity at the start of that year. The 2025 annual accounts show equity of €54,742 and a net result of -€1.1m. Equity has been shrinking by about 31% per year since 2019. If that trend continues, it turns negative around financial year 2026. The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-11-1988 Normal situation
- Activity
- “De aan- en verkoop, huren, verhuren, leasing nemen en leasing geven, vervaardigen van alle…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.041.571.173 2330 Merksplas, since 10-01-1989
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Board and ownership
- Janssen HubertusDirector · since 22-04-2025
- JAGIMMO99.95%· score 6930-09-2025 annual accounts of JAGIMMO
- Holdings
- Shares in 1 company Janssen Logistics
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- €9,340
- ▼ 95.9%
- Turnover
- ≈ €63,000
- estimated
- Loss
- €1.1m
- Equity
- €54,742
- ▼ 95.1%
- Total assets
- €186,968
- ▼ 85.7%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsLoss of €1.1m (financial year 2025)lowers riskSize: total assets €186,968Liquidity: current ratio 1.41, cash €169,059Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 (no NACE code, micro). It does better than 33% of them on solvency, 59% on liquidity, 4% on profitability and 4% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 4 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-01-2026 PDF all 36 filings
Every figure per financial year
The operating result for 2025 is a loss of €38,616, after a profit of €137,265 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €6.7m | €3.6m | - | - |
| Mortgages, amount registered | €2.2m | - | - | - |
| Mortgage mandates | €2.4m | €2.2m | - | - |
| Carrying value of the mortgaged assets | €5.3m | €3.6m | - | - |
| Carrying value of the other pledged assets | €1.0m | - | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €202,036 | - | - | - |
| Financial fixed assets | - | - | €1.3m | - |
| Depreciation and write-downs of the year | €81,241 | €12,925 | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.7m | €8.2m | €0.04m | €0.005m | ▼ 87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.1m | €0.2m | €0.08m | €0.01m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.08m | €0.03m | €0.08m | €0.05m | ▼ 40.3% |
| Non-recurring operating charges66A | - | - | - | - | €1.3m | €0.01m | - | - |
| Gross operating margin9900 | €0.4m | €0.5m | €0.4m | €1.2m | €8.4m | €0.2m | €0.009m | ▼ 95.9% |
| Operating profit (loss)9901 | €0.1m | €0.08m | €0.1m | €1.0m | €7.1m | €0.1m | -€0.04m | - |
| Financial income75/76B | - | - | - | €0.003m | €0.004m | €3.9m | €0.2m | ▼ 95.6% |
| Recurring financial income75 | €0.01m | €0.03m | €0.01m | €0.003m | €0.004m | €0.002m | €0.002m | ▼ 1.0% |
| Non-recurring financial income76B | - | - | - | - | - | €3.9m | €0.2m | ▼ 95.7% |
| Financial charges65/66B | - | - | - | €1.6m | €7.3m | €3.5m | €1.2m | ▼ 66.5% |
| Recurring financial charges65 | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 22.9% |
| Non-recurring financial charges66B | - | - | - | €1.4m | €7.1m | €3.4m | €1.0m | ▼ 71.2% |
| Profit (loss) for the period before taxes9903 | €0.04m | -€0.02m | -€0.05m | -€0.5m | -€0.2m | €0.5m | -€1.1m | - |
| Income taxes67/77 | €0.02m | -€132 | €0.001m | €0.01m | €0.002m | €0.001m | €434 | ▼ 56.4% |
| Profit (loss) for the period9904 | €0.02m | -€0.02m | -€0.05m | -€0.6m | -€0.2m | €0.5m | -€1.1m | - |
| Profit (loss) for the period to be appropriated9905 | €0.02m | -€0.02m | -€0.05m | -€0.6m | -€0.2m | €0.5m | -€1.1m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €11.3m | €13.1m | €9.6m | €8.6m | €4.2m | €1.3m | €0.2m | ▼ 85.7% |
| Fixed assets21/28 | €9.3m | €6.3m | €7.7m | €6.3m | €0.2m | €0.8m | - | - |
| Tangible fixed assets22/27 | €9.3m | €6.3m | €6.2m | €6.3m | €0.2m | - | - | - |
| Land and buildings22 | - | - | - | €1.3m | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.02m | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | - | - | - |
| Other tangible fixed assets26 | - | - | - | €0.2m | €0.2m | - | - | - |
| Assets under construction and advance payments27 | - | - | - | €4.7m | - | - | - | - |
| Financial fixed assets28 | - | - | €1.6m | - | - | €0.8m | - | - |
| Current assets29/58 | €2.1m | €6.8m | €1.9m | €2.4m | €4.0m | €0.5m | €0.2m | ▼ 59.3% |
| Stocks and contracts in progress3 | €0.4m | €0.4m | €0.4m | €0.5m | €3.8m | €0.005m | €0.001m | ▼ 80.0% |
| Stocks30/36 | - | - | - | €0.4m | €3.7m | €0.005m | €0.001m | ▼ 80.0% |
| Contracts in progress37 | - | - | - | €0.03m | €0.03m | - | - | - |
| Amounts receivable within one year40/41 | €1.5m | €5.2m | €0.3m | €0.8m | €0.2m | €0.5m | €0.02m | ▼ 96.3% |
| Trade receivables40 | - | - | - | €0.2m | €0.008m | €157 | - | - |
| Other amounts receivable41 | - | - | - | €0.6m | €0.2m | €0.5m | €0.02m | ▼ 96.3% |
| Current investments50/53 | - | €1.0m | €1.0m | €1.0m | - | - | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.08m | €0.07m | €0.03m | €0.07m | €0.001m | €0.2m | ▲ 280× |
| Deferred charges and accrued income490/1 | - | - | - | €0.007m | €0.001m | €0.001m | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €11.3m | €13.1m | €9.6m | €8.6m | €4.2m | €1.3m | €0.2m | ▼ 85.7% |
| Equity10/15 | €3.3m | €2.3m | €2.3m | €1.7m | €0.6m | €1.1m | €0.05m | ▼ 95.1% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Revaluation surpluses12 | - | - | - | €0.9m | - | - | - | - |
| Reserves13 | €2.0m | €0.9m | €0.9m | €0.3m | €0.1m | €0.6m | €0.05m | ▼ 90.7% |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Legal reserve130 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Distributable reserves133 | - | - | - | €0.3m | €0.04m | €0.5m | - | - |
| Profit (loss) carried forward14 | - | - | - | - | - | - | -€0.5m | - |
| Provisions and deferred taxes16 | €240 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €8.0m | €10.8m | €7.3m | €6.9m | €3.6m | €0.2m | €0.1m | ▼ 32.9% |
| Amounts payable after more than one year17 | €3.4m | €3.2m | €2.8m | €2.4m | €0.001m | €0.001m | - | - |
| Financial debts170/4 | - | - | - | €2.4m | - | - | - | - |
| Other amounts payable178/9 | - | - | - | €0.001m | €0.001m | €0.001m | - | - |
| Amounts payable within one year42/48 | €4.6m | €7.6m | €4.5m | €4.5m | €3.6m | €0.2m | €0.1m | ▼ 32.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.5m | - | - | - | - |
| Financial debts43 | - | - | - | €3.7m | €3.6m | - | - | - |
| Credit institutions430/8 | - | - | - | €3.7m | €3.6m | - | - | - |
| Trade debts44 | €0.3m | €2.5m | €0.03m | €0.03m | €0.004m | €0.007m | €0.004m | ▼ 46.0% |
| Suppliers440/4 | - | - | - | €0.03m | €0.004m | €0.007m | €0.004m | ▼ 46.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | - | - | €434 | - |
| Taxes450/3 | - | - | - | €0.2m | - | - | €434 | - |
| Other amounts payable47/48 | - | - | - | - | - | €0.2m | €0.1m | ▼ 32.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.001m | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.02m | -€0.02m | -€0.05m | -€0.6m | -€0.2m | €0.5m | -€1.1m | - |
| + Depreciation and write-downs630 | €0.2m | €0.1m | €0.2m | €0.08m | €0.01m | - | - | - |
| Operating cash flow (approximation) | €0.3m | €0.1m | €0.1m | -€0.5m | -€0.2m | €0.5m | -€1.1m | - |
| Investment in fixed assets (approximation) | - | €2.8m | -€1.6m | €1.4m | €6.1m | -€0.6m | - | - |
| Change in cash | - | -€0.02m | -€0.01m | -€0.04m | €0.04m | -€0.07m | €0.2m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,221 companies had the same profile as ENGINEERING EN TECHNICAL SERVICES has now. Two years later, 88.6% were still going and 3.8% had gone bankrupt.
- Micro
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ENGINEERING EN TECHNICAL SERVICES itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,446 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 1,221 companies, not a prediction for ENGINEERING EN TECHNICAL SERVICES. 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.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 29-01-2026 | 2026-00023616 | |
| 30-06-2024 | abbreviated format | 31-01-2025 | 2025-00027894 | |
| 30-06-2023 | abbreviated format | 15-02-2024 | 2024-00032765 | |
| 30-06-2022 | abbreviated format | 09-02-2023 | 2023-00026390 | |
| 30-06-2021 | abbreviated format | 28-01-2022 | 2022-04300215 | |
| 30-06-2020 | abbreviated format | 29-01-2021 | 2021-03500309 | |
| 30-06-2019 | abbreviated format | 17-12-2019 | 2019-76500488 | |
| 30-06-2018 | abbreviated format | 11-12-2018 | 2018-74300112 | |
| 30-06-2017 | abbreviated format | 09-01-2018 | 2018-00700194 | |
| 30-06-2016 | full format | 20-12-2016 | 2016-71000214 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- JAGIMMOparentEquity €4.8m Loss of €247,297 in 2025 (loss of €3.7m in 2024) Checked score 6999.95%
Capital transactions
- 30-12-2022 Capital stated in the deed · €534,500
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Janssen Hubertus |
|
| Aannemingen Janssen |
|
| Geudens, Francinne Joanna Adriana Maria |
|
| Janssen, Ben Leonarda Frans |
|
| Janssen, Patrick Sybille Guido |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Onbepaalde duur, 1”
Articles of association, deed of 30-12-2022 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Janssen LogisticssubsidiarySourceown accounts 30-06-2025Equity -€150,129 Loss of €32,851 in 2025 (loss of €105,961 in 2024) Checked score 5399%
Companies at the same address
3 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
07-11
Gazette deed
Registered office moved from Geel to MerksplasNew seat: Schoondreef 19. 2330 Merksplas · Previous seat: Van-Doornelaan 2, 2440 Geel · Power of attorney6 points ▸
- Board meeting, 30-09-2025
- Registered-office move, Schoondreef 19. 2330 Merksplas
- Power of attorney, Moore Finance & Tax BV
- Power of attorney, Tanja De Naeyer
- Power of attorney, Dominique Jaminet
- Power of attorney, Kaat Willems
21-05
Gazette deed
1 director appointed, 1 director resigningResignation: Aannemingen Janssen (statutory director) · Permanent representative: Janssen Hubertus · Appointment: Janssen Hubertus (enige niet statutaire bestuurder)9 points ▸
- General meeting, 22-04-2025
- Director resignation, Aannemingen Janssen (statutory director)
- Director discharge, Aannemingen Janssen
- Permanent representative, Janssen Hubertus
- Other provision, “uitoefening van haar mandaat, finale kwijting ontslagnemende bestuurder” (deed in Dutch)
- Director appointment, Janssen Hubertus (enige niet statutaire bestuurder)
- Power of attorney, Hendrik Van de Cruys
- Other provision, “prijs dienstverlening volmacht, lastgever” (deed in Dutch)
- Amendment of the articles, “7,sub 1.” (deed in Dutch)
30-12
Gazette deed
1 director appointed, 4 directors resigningChange of role: Aannemingen Janssen, from director to statutory director · Resignations: Geudens Francinne Joanna Adriana Maria, Janssen Patrick Sybille Guido and Janssen Ben Leonarda Frans · Permanent representative: Janssen Hubertus Marcus Paulus Franciscus12 points ▸
- General meeting, 16-12-2022
- Board rule, “enige bestuurder” (deed in Dutch)
- Director resignation, Aannemingen Janssen (director)
- Director resignation, Geudens Francinne Joanna Adriana Maria (director)
- Director resignation, Janssen Patrick Sybille Guido (director)
- Director resignation, Janssen Ben Leonarda Frans (director)
- Other provision, “kwijting van hun mandaat, zal beslist worden” (deed in Dutch)
- Permanent representative, Janssen Hubertus Marcus Paulus Franciscus
- Director appointment, Aannemingen Janssen (statutory director)
- Other provision, “aanvaarding toegekende mandaat, uitdrukkelijk verklaard” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €534,500
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Van-Doornelaan 2, 2440 Geel until 01-06-2025 · act of 07-11-2025
Activities
4 activities
- De aan- en verkoop, huren, verhuren, leasing nemen en leasing geven, vervaardigen van alle roerende en onroerende goederen, het beheer van roerende en onroerende goederen, het verlenen van alle dienstprestaties van economische aard, onder meer het boekhoudkundig, financieel, administratief, technisch en sociaal beheer en advies, zowel voor eigen rekening als voor rekening van derden.
- Zij mag alle nijverheids-, handels-, onroerende, roerende, financiële en burgerlijke handelingen en verrichtingen doen welke rechtstreeks of onrechtstreeks in verband staan met het voorwerp of van aard zijn de verwezenlijking ervan te vergemakkelijken.
- Zij mag ook rechtstreeks of onrechtstreeks, door middel van inbreng, versmelting, inschrijving of op welke andere wijze ook, belangen nemen in alle ondernemingen of vennootschappen die een soortgelijk, gelijkvormig of aanverwant voorwerp hebben en kunnen bijdragen tot de verwezenlijking van het voorwerp.
- Deze opsomming is enkel voorbeeldgevend en geenszins beperkend.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13023E0046/00H000 | Flanders | 4,184 m² | 1 · 593 m² | 8.9 m · 2 |