Engineering Experts
ActiveSummary
Engineering Experts has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €662k and a net result of €143k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 58% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+22
Solvency87▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 2.85 against 2.32 in 2024; short-term debt: 18.5% and cash: 24.1% of total assets), and 37.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
62.4%
Return on assets
13.4%
Age of the figures
12 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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d early
2023
13 d early
2022
34 d early
2021
30 d early
2020
35 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€662k▲ 27.5%
2024 · €519k
2018: €97klowest in 8 years
2019: €147k▲ +51.3% vs 2018
2020: €236k▲ +60.8% vs 2019
2021: €299k▲ +26.6% vs 2020
2022: €373k▲ +24.7% vs 2021
2023: €462k▲ +23.9% vs 2022
2024: €519k▲ +12.2% vs 2023
2025: €662k▲ +27.5% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.06M▲ 4.1%
2024 · €1.02M
2018: €146klowest in 8 years
2019: €210k▲ +43.6% vs 2018
2020: €304k▲ +44.4% vs 2019
2021: €370k▲ +22.0% vs 2020
2022: €431k▲ +16.3% vs 2021
2023: €565k▲ +31.1% vs 2022
2024: €1.02M▲ +80.3% vs 2023
2025: €1.06M▲ +4.1% vs 2024highest in 8 years
2018 → 2025
Net result
€143k▲ 33.9%
2024 · €106k
2018: €16klowest in 8 years
2019: €51k▲ +213% vs 2018
2020: €90k▲ +77.9% vs 2019
2021: €64k▼ -29.3% vs 2020
2022: €75k▲ +17.5% vs 2021
2023: €103k▲ +37.5% vs 2022
2024: €106k▲ +3.5% vs 2023
2025: €143k▲ +33.9% vs 2024highest in 8 years
2018 → 2025
Working capital
€364k▲ 28.0%
2024 · €284k
2018: €92klowest in 8 years
2019: €141k▲ +53.0% vs 2018
2020: €208k▲ +47.2% vs 2019
2021: €283k▲ +36.3% vs 2020
2022: €366k▲ +29.1% vs 2021
2023: €391k▲ +7.0% vs 2022highest in 8 years
2024: €284k▼ -27.4% vs 2023
2025: €364k▲ +28.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€299k-€373k▲ 24.7%€462k▲ 23.9%€519k▲ 12.2%€662k▲ 27.5%
2021: €299klowest in 5 years
2022: €373k▲ +24.7% vs 2021
2023: €462k▲ +23.9% vs 2022
2024: €519k▲ +12.2% vs 2023
2025: €662k▲ +27.5% vs 2024highest in 5 years
Operating result€92k-€108k▲ 16.5%€171k▲ 59.2%€145k▼ 15.6%€215k▲ 49.0%
2021: €92klowest in 5 years
2022: €108k▲ +16.5% vs 2021
2023: €171k▲ +59.2% vs 2022
2024: €145k▼ -15.6% vs 2023
2025: €215k▲ +49.0% vs 2024highest in 5 years
Net result€64k-€75k▲ 17.5%€103k▲ 37.5%€106k▲ 3.5%€143k▲ 33.9%
2021: €64klowest in 5 years
2022: €75k▲ +17.5% vs 2021
2023: €103k▲ +37.5% vs 2022
2024: €106k▲ +3.5% vs 2023
2025: €143k▲ +33.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€501k ▼ 3.7%
Current assets
€560k ▲ 12.3%
Equity and liabilities €1.06M
Equity
€662k ▲ 27.5%
Debt
€399k ▼ 20.1%
Debt's share of the balance-sheet total falls from 49.1% to 37.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€247k▲
2024 · €232k
Cash flow
€174k▼
2024 · €194k
Current ratio
2.85▲
2024 · 2.32
Debt to equity
0.60▼
2024 · 0.96
ROE
21.5%▲
2024 · 20.5%
ROA
13.4%▲
2024 · 10.5%
Interest coverage
18.11▲
2024 · -69.22
Debt ≤ 1 year
€197k▼
2024 · €215k
Debt > 1 year
€200k▼
2024 · €272k
Income taxes
€64k▲
2024 · €43k
Staff costs
€263k▲
2024 · €120k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.02M€1.06M▲
Fixed assets21/28€520k€501k▼
Intangible fixed assets21€0€2k▲
Tangible fixed assets22/27€520k€499k▼
Land and buildings22€460k€449k▼
Plant, machinery and equipment23-€7k
Furniture and vehicles24€60k€43k▼
Current assets29/58€499k€560k▲
Amounts receivable within one year40/41€118k€182k▲
Trade receivables40€74k€149k▲
Other amounts receivable41€43k€33k▼
Current investments50/53€67k€116k▲
Cash at bank and in hand54/58€308k€256k▼
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.02M€1.06M▲
Equity10/15€519k€662k▲
Contributions10/11€19k€19k=
Reserves13€438k€580k▲
Distributable reserves133€438k€580k▲
Profit (loss) carried forward14€63k€63k=
Amounts payable17/49€500k€399k▼
Amounts payable after more than one year17€272k€200k▼
Financial debts170/4€272k€200k▼
Amounts payable within one year42/48€215k€197k▼
Current portion of amounts payable after more than one year42€70k€66k▼
Trade debts44€27k€13k▼
Suppliers440/4€27k€13k▼
Taxes, remuneration and social security45€52k€99k▲
Taxes450/3€30k€56k▲
Remuneration and social security454/9€22k€43k▲
Other amounts payable47/48€66k€18k▼
Accrued charges and deferred income492/3€13k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€120k€263k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€32k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€355k€513k▲
Operating profit (loss)9901€145k€215k▲
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€-3k€14k▲
Recurring financial charges65€-3k€14k▲
Profit (loss) for the period before taxes9903€150k€207k▲
Income taxes67/77€43k€64k▲
Profit (loss) for the period9904€106k€143k▲
Profit (loss) for the period to be appropriated9905€106k€143k▲
Appropriation of the result
Profit (loss) to be appropriated9906€169k€205k▲
Profit (loss) brought forward from the previous period14P€63k€63k=
Transfer from equity791/2€50k€0▼
Transfer to equity691/2€106k€143k▲
To other reserves6921€106k€143k▲
Profit to be distributed694/7€50k€0▼
Return on contributions (dividend)694€50k€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €75k | €79k | €120k | €263k | ▲ 120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €13k | €13k | €87k | €32k | ▼ 63.7% |
| Other operating charges640/8 | - | €3k | €2k | €4k | €3k | ▼ 28.2% |
| Gross operating margin9900 | €229k | €198k | €265k | €355k | €513k | ▲ 44.3% |
| Operating profit (loss)9901 | €92k | €108k | €171k | €145k | €215k | ▲ 49.0% |
| Financial income75/76B | - | €2k | €1k | €2k | €5k | ▲ 193% |
| Recurring financial income75 | €0 | €2k | €1k | €2k | €5k | ▲ 193% |
| Financial charges65/66B | - | €1k | €18k | €-3k | €14k | ▲ 507% |
| Recurring financial charges65 | €997 | €1k | €18k | €-3k | €14k | ▲ 507% |
| Profit (loss) for the period before taxes9903 | €91k | €108k | €154k | €150k | €207k | ▲ 38.3% |
| Income taxes67/77 | €28k | €33k | €51k | €43k | €64k | ▲ 49.1% |
| Profit (loss) for the period9904 | €64k | €75k | €103k | €106k | €143k | ▲ 33.9% |
| Profit (loss) for the period to be appropriated9905 | €64k | €75k | €103k | €106k | €143k | ▲ 33.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €370k | €431k | €565k | €1.02M | €1.06M | ▲ 4.1% |
| Fixed assets21/28 | €21k | €11k | €72k | €520k | €501k | ▼ 3.7% |
| Intangible fixed assets21 | €7k | €3k | €201 | €0 | €2k | - |
| Tangible fixed assets22/27 | €14k | €8k | €72k | €520k | €499k | ▼ 4.0% |
| Land and buildings22 | - | - | - | €460k | €449k | ▼ 2.3% |
| Plant, machinery and equipment23 | - | - | - | - | €7k | - |
| Furniture and vehicles24 | - | €8k | €72k | €60k | €43k | ▼ 27.5% |
| Current assets29/58 | €350k | €420k | €493k | €499k | €560k | ▲ 12.3% |
| Amounts receivable within one year40/41 | €76k | €38k | €85k | €118k | €182k | ▲ 54.8% |
| Trade receivables40 | - | €38k | €85k | €74k | €149k | ▲ 101% |
| Other amounts receivable41 | - | - | €80 | €43k | €33k | ▼ 24.3% |
| Current investments50/53 | €92k | €125k | €108k | €67k | €116k | ▲ 73.9% |
| Cash at bank and in hand54/58 | €178k | €253k | €297k | €308k | €256k | ▼ 17.0% |
| Deferred charges and accrued income490/1 | - | €4k | €3k | €6k | €6k | ▲ 0.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €370k | €431k | €565k | €1.02M | €1.06M | ▲ 4.1% |
| Equity10/15 | €299k | €373k | €462k | €519k | €662k | ▲ 27.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €218k | €292k | €381k | €438k | €580k | ▲ 32.6% |
| Non-distributable reserves130/1 | - | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €0 | - | - | - |
| Distributable reserves133 | - | €290k | €381k | €438k | €580k | ▲ 32.6% |
| Profit (loss) carried forward14 | €63k | €63k | €63k | €63k | €63k | = |
| Amounts payable17/49 | €71k | €58k | €102k | €500k | €399k | ▼ 20.1% |
| Amounts payable after more than one year17 | - | - | - | €272k | €200k | ▼ 26.6% |
| Financial debts170/4 | - | - | - | €272k | €200k | ▼ 26.6% |
| Amounts payable within one year42/48 | €67k | €54k | €102k | €215k | €197k | ▼ 8.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €70k | €66k | ▼ 5.9% |
| Trade debts44 | €3k | €6k | €20k | €27k | €13k | ▼ 50.1% |
| Suppliers440/4 | - | €6k | €20k | €27k | €13k | ▼ 50.1% |
| Taxes, remuneration and social security45 | - | €35k | €54k | €52k | €99k | ▲ 90.4% |
| Taxes450/3 | - | €24k | €43k | €30k | €56k | ▲ 89.4% |
| Remuneration and social security454/9 | - | €10k | €12k | €22k | €43k | ▲ 91.7% |
| Other amounts payable47/48 | - | €13k | €28k | €66k | €18k | ▼ 72.3% |
| Accrued charges and deferred income492/3 | - | €3k | €689 | €13k | €3k | ▼ 75.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64k | €75k | €103k | €106k | €143k | ▲ 33.9% |
| + Depreciation and write-downs630 | €15k | €13k | €13k | €87k | €32k | ▼ 63.7% |
| Operating cash flow (approximation) | €78k | €88k | €116k | €194k | €174k | ▼ 10.1% |
| Investment in fixed assets (approximation) | - | €-3k | €-74k | €-535k | €-13k | ▲ 97.6% |
| Change in cash | - | €75k | €44k | €11k | €-53k | ▼ 559% |
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
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €143k ▲33.9%
Operating result €215k, net result €143k, both a record.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €500kEq €519k ▲12.2%
7 profitable years in a row build equity to €519k.
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200kEq €236k ▲60.8%
3 profitable years in a row build equity to €236k.
02-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €147k ▲51.3%
2 profitable years in a row build equity to €147k.
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Gent · 1 establishment unit since 2012
Ground area
2,147 m²
Building footprint
79 m²
Volume, LiDAR
137 m³
Parcel 44062A0120/00E000, Flanders · tallest building 3.1 m, ±1 floor. Linked by address, not a title deed.
50
companies at this address
See who is registered here
1 establishment unit
ENGINEERING EXPERTS
since 20122.207.956.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0120/00E000 | Flanders | 2,147 m² | 1 · 79 m² | 3.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 to 2025 · 3 entries · 2,136 EUR awarded · 2,136 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 477 EUR | 558 EUR |
| 2024 | 1 | 189 EUR | 108 EUR |
| 2022 | 1 | 1,470 EUR | 1,470 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,048 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
Founded08-03-2012
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
63920Other information service activities
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
Contact
Website
www.engineeringexperts.beGent
Scores and ratios are computed by Checked and are not a credit decision.