ENGINEERING FIRST

Active Private limited company (pre-2019)founded 2007active for 19 yearsMarsveldplein 5, 1050 IxellesKBO/BCE: BE 0891.413.964

ENGINEERING FIRST

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Overview

Lifetime

16 annual accounts with figures on one time axis

peak €128,619 (2018)

-€265

lowest -€265 (2023)

-€265

peak €416,445 (2020)

€20,195▼ 1.3%

€400,139▲ 0.1%

Board1 name since 2020

1 director

Documentsfilings and deeds

31-10-202492 days late

2023micro format

Loss of €265

Key points

from the 2023 annual accounts

Equity

€20,195 from €416,445 in 2020

Equity fell by 95% in 3 years.

Debts

€400,139 95% of the balance sheet

Financial debts 14%Suppliers 0%Taxes and wages 31%Other 55%

Of this, €344,992 falls due within a year.

Filings

16 annual accounts 470 days past the deadline

2024 accounts not filed: deadline was 31-07-2025.

Bankruptcy probability

No current score

Figures too old

The latest figures are for FY 2023. They are too old for a current score.

Bankruptcy probability: Elevated

Filing: At least two annual filings are missing

Bankruptcy probability within 12 months

Financial strength, FY 2023

Credit check for an amount and term of your choice

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.

Signals

Board and ownership

Director

Board & ownership

Recent changes

09-02-2024

Strikeout withdrawn effective 23-01-2024 · KBO administration

04-06-2019

Registered office moved within Ixelles New registered office: 5 Place du Champs de Mars, étage 20, à 1050 Ixelles · Previous registered office: Rue Alphonse Renard 22, 1050 IXELLES · General meeting of 02-01-2019 · Gazette deed

13-08-2007

Incorporation published on 16-08-2007 · Gazette deed

13-08-2007

First establishment Marsveldplein 5, Ixelles

All 25 events

Official details

Source: KBO

Status: Active since 13-08-2007Normal situation
Registered office: 397 active companies are registered at this address29 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity: No activity registered in the KBO
Establishment unit: 2.167.716.1111050 Ixelles, since 13-08-2007
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Annual accounts 2023

: -€265
: €265
: €20,195▼ 1.3%
: €420,334=
Filing: Filed on 31-10-2024

Financials

Insights on ENGINEERING FIRST

ENGINEERING FIRST files the micro format. That format states no turnover. The gross margin fell from €15,834 in 2008 to -€265 in 2023.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2023

micro format, filed on 31-10-2024, 92 days late

2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 13 November 2026.

-€265

-€275,626

▼ €265

4.8%

▼ 0.1 percentage points

0.20

▲ 0.00

Turnover: not included in this filing.

Balance sheet

balance sheet total €420,334 on 31-12-2023

What the company ownsHow it is paid for

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
`20/58`	420,334	420,183	233,037	664,060	684,092	619,955	480,252	509,001	364,198	351,801	337,339	281,707	236,135	64,749	36,108	49,228
`20`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	350	-
`21/28`	350,968	350,968	110,968	110,968	117,032	123,095	129,159	135,513	117,375	119,511	112,713	111,349	111,989	1,799	1,405	22,638
`21`	-	-	-	-	-	-	-	-	-	-	-	278	815	1,353	780	700
`22/27`	350,968	350,968	110,968	110,968	117,032	123,095	129,159	135,513	117,375	119,511	112,713	111,071	111,174	447	275	21,938
`22`	350,968	350,968	110,968	110,968	110,968	110,968	110,968	110,968	110,968	110,968	110,968	110,968	110,968	-	-	-
`24`	-	-	-	-	-	-	-	291	4,417	8,543	1,745	103	206	447	275	5,950
`26`	-	-	-	-	6,064	12,127	18,191	24,254	1,990	-	-	-	-	-	-	-
`29/58`	69,366	69,215	122,069	553,092	567,061	496,859	351,093	373,488	246,823	232,290	224,626	170,358	124,146	62,950	34,703	26,590
`40/41`	69,205	69,205	122,061	523,332	541,552	475,106	330,047	360,715	237,075	226,879	223,134	164,142	123,574	52,065	24,791	22,071
`40`	12,457	12,457	5,471	6,742	29,812	40,810	33,135	95,455	30,383	16,800	21,076	35,427	17,012	9,330	4,191	2,972
`41`	56,748	56,748	116,590	516,590	511,740	434,296	296,911	265,260	206,692	210,079	202,058	128,715	106,562	42,735	20,600	19,099
`54/58`	151	-	8	10	9	504	3,898	22	1,048	1,161	1,492	6,217	571	10,250	5,070	4,519
`490/1`	10	10	-	29,750	25,500	21,250	17,149	12,750	8,700	4,250	-	-	-	636	4,842	-
Balance sheet: equity and liabilities
`10/49`	420,334	420,183	233,037	664,060	684,092	619,955	480,252	509,001	364,198	351,801	337,339	281,707	236,135	64,749	36,108	49,228
`10/15`	20,195	20,460	131,428	416,445	388,297	340,971	246,036	205,289	178,934	163,672	161,467	118,412	81,860	44,814	23,060	22,423
`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	12,400	12,400	12,400
`10`	-	18,600	18,600	18,600	-	-	-	-	-	-	-	-	-	-	-	-
`100`	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	6,200	6,200	6,200
`12`	-	-	110,968	-	-	-	-	-	-	-	-	-	-	-	-	-
`13`	1,860	1,860	1,860	396,860	368,860	321,860	226,860	185,860	159,860	144,860	141,860	98,860	62,860	31,860	1,860	1,860
`130/1`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-
`130`	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`1311`	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	-	-	-	395,000	367,000	320,000	225,000	184,000	158,000	143,000	140,000	97,000	61,000	30,000	-	-
`14`	-265	-	0	985	837	511	576	829	474	212	1,007	952	400	554	8,800	8,163
`17/49`	400,139	399,723	101,609	247,615	295,795	278,983	234,216	303,712	185,264	188,128	175,872	163,295	154,275	19,936	13,048	26,805
`17`	55,147	55,147	61,174	65,898	71,189	76,203	80,954	85,456	89,722	93,764	97,594	101,224	104,664	-	-	3,803
`170/4`	55,147	55,147	61,174	65,898	71,189	76,203	80,954	85,456	89,722	93,764	97,594	101,224	104,664	-	-	3,803
`42/48`	344,992	344,576	40,435	181,717	224,606	202,780	153,239	217,056	95,542	94,365	78,277	62,071	49,611	19,936	13,048	17,308
`42`	5,478	5,478	5,674	5,734	5,207	4,751	4,502	4,266	4,042	3,830	3,630	3,439	3,764	-	-	3,600
`43`	-	-	-	-	-	-	-	1,401	2,435	2,497	2,625	-	2,442	-	-	-
`430/8`	-	-	-	-	-	-	-	1,401	2,435	2,497	2,625	-	2,442	-	-	-
`44`	416	-	21,475	30,710	47,773	50,192	47,521	125,286	38,690	52,636	8,986	18,885	11,142	5,634	2,490	12,456
`440/4`	416	-	21,475	30,710	47,773	50,192	47,521	125,286	38,690	24,215	3,653	13,942	11,142	5,634	2,490	12,456
`441`	-	-	-	-	-	-	-	-	-	28,420	5,333	4,943	-	-	-	-
`45`	124,745	124,745	13,286	145,273	171,626	147,838	101,216	50,104	14,375	13,402	33,036	39,747	32,263	14,301	10,558	1,252
`450/3`	124,745	124,745	13,286	145,273	171,626	147,838	101,216	50,104	14,375	13,402	33,036	39,747	32,263	14,301	10,558	1,252
`47/48`	214,353	214,353	-	-	-	-	-	36,000	36,000	22,000	30,000	-	-	-	-	-
`492/3`	-	-	-	-	-	-	23	1,200	-	-	-	-	-	-	-	5,694
Income statement
`76A`	-	-	-	-	-	-	-	10,672	2,390	1,733	-	367	-	-	-	-
`9900`	-265	-	0	24,666	53,910	128,619	77,689	98,004	62,251	42,171	88,507	53,056	65,606	37,745	9,468	15,834
`630`	-	-	-	6,064	6,064	6,064	6,354	10,190	4,126	4,126	2,126	641	778	1,128	747	5,835
`640/8`	-	-	-	10,628	-	-	822	320	-	8,921	735	949	858	2,183	802	1,114
`66A`	-	-	-	-	-	-	-	8,532	-	3,689	1,510	-	19,800	-	4,624	-
`9901`	-265	-	0	7,974	47,847	122,556	70,513	78,963	58,125	29,124	85,647	51,467	63,970	34,434	7,919	8,885
`75/76B`	-	-	-	36,512	29,145	19,059	11,549	12,807	4,881	4,574	10,714	9,256	6,168	2,745	-	1,899
`75`	-	-	-	36,512	27,830	19,059	11,549	7,257	4,881	4,574	10,714	9,256	6,168	2,745	-	1,899
`76B`	-	-	-	-	1,315	-	-	5,550	-	-	-	-	-	-	-	-
`65/66B`	-	-	-	4,949	8,929	4,713	25,989	6,839	7,261	6,875	7,578	7,557	6,941	570	1,879	761
`65`	-	-	-	4,949	8,929	4,713	25,989	6,839	7,261	6,875	7,578	7,557	6,941	570	1,879	761
`9903`	-265	-	0	39,537	68,063	136,901	56,074	84,930	58,135	24,868	87,273	53,533	43,398	36,609	1,416	10,023
`67/77`	-	-	-	11,390	20,737	41,966	15,327	22,574	6,873	662	14,218	16,981	12,551	14,855	779	-
`9904`	-265	-	0	28,148	47,326	94,935	40,747	62,356	51,262	24,205	73,055	36,552	30,846	21,754	637	10,023
`9905`	-265	-	0	28,148	47,326	94,935	40,747	62,356	51,262	24,205	73,055	36,552	30,846	21,754	637	10,023
Appropriation of the result
`9906`	-265	-	0	28,985	47,837	95,511	41,576	62,829	51,474	25,212	74,007	36,952	31,400	30,554	8,800	10,023
`14P`	-	-	-	837	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	1,860	1,860	28,000	47,000	95,000	41,000	26,000	15,000	3,000	43,000	36,000	31,000	30,000	-	1,860
`6920`	-	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	1,860
`6921`	-	-	-	28,000	47,000	95,000	41,000	26,000	15,000	3,000	43,000	36,000	31,000	30,000	-	-
`794`	-	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	-	-	-	-	-	-	-	36,000	36,000	22,000	30,000	-	-	-	-	-
`695`	-	-	-	-	-	-	-	36,000	36,000	22,000	30,000	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 4 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 2023 (PDF), filed on 31-10-2024.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2023	micro format	31-10-2024	2024-00522118	PDF
31-12-2022	abbreviated format	29-01-2026	2026-00018457	PDF
31-12-2021	full format	23-01-2024	2024-00005665	PDF
31-12-2020	micro format	04-08-2022	2022-20269353	PDF
31-12-2019	micro format	24-02-2022	2022-06300058	PDF
31-12-2018	micro format	24-02-2022	2022-06300054	PDF
31-12-2017	micro format	15-11-2021	2021-77200484	PDF
31-12-2016	micro format	01-03-2018	2018-06200141	PDF
31-12-2015	full format	12-01-2017	2017-01200326	PDF
31-12-2014	full format	13-08-2015	2015-42000455	PDF
31-12-2013	full format	14-10-2014	2014-64700355	PDF
31-12-2012	full format	26-09-2013	2013-59700529	PDF
31-12-2011	full format	28-08-2012	2012-47200524	PDF
31-12-2010	full format	22-08-2011	2011-42400153	PDF
31-12-2009	full format	01-07-2010	2010-25800060	PDF
31-12-2008	full format	10-03-2010	2010-06400294	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
-	-	-	14,038	53,910	128,619	76,867	89,152	62,251	33,250	87,772	52,108	64,748	35,563	8,666	14,720
-	-	-	34,211	53,389	100,999	47,101	72,545	55,388	28,332	75,180	37,193	31,624	22,882	1,384	15,858
-	-	-	0	0	0	0	28,328	1,990	12,669	3,490	0	130,768	1,522	1,452	28,473
-	-	-2	1	-495	-3,394	3,875	-1,026	-113	-330	-4,725	5,646	-9,678	5,180	551	-
-275,626	-275,361	81,634	371,375	342,455	294,079	197,854	156,432	151,281	137,926	146,348	108,288	74,534	43,014	21,655	9,282
4.8%	4.9%	56.4%	62.7%	56.8%	55.0%	51.2%	40.3%	49.1%	46.5%	47.9%	42.0%	34.7%	69.2%	63.9%	45.5%
0.20	0.20	3.02	3.04	2.52	2.45	2.29	1.72	2.58	2.46	2.87	2.74	2.50	3.16	2.66	1.54
19.81	19.54	0.77	0.59	0.76	0.82	0.95	1.48	1.04	1.15	1.09	1.38	1.88	0.44	0.57	1.20
-1.3%	-	0.0%	6.8%	12.2%	27.8%	16.6%	30.4%	28.6%	14.8%	45.2%	30.9%	37.7%	48.5%	2.8%	44.7%
-0.1%	-	0.0%	4.2%	6.9%	15.3%	8.5%	12.3%	14.1%	6.9%	21.7%	13.0%	13.1%	33.6%	1.8%	20.4%
-	-	-	2.84	-	-	-	-	-	-	-	-	-	-	-	-

EBIT margin: not included in this filing.

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.

Insights on ENGINEERING FIRST

The operating result for 2023 is a loss of €265, against €0 in 2021. Comparable figures for the intervening years are unavailable.

Debt's share of the balance-sheet total rises from 95.1% to 95.2%. Equity is lower and debt is higher.

Board & ownership

Board

1 director

Director

listed in the 2020 annual accounts, filed on 04-08-2022

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director

Boardmandate already running before its first mention

Mandates as a list

- Director, since before 31-12-2020

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €18,600
Source: 2023 annual accounts

Network & group

No group

ENGINEERING FIRST has no parent and no holdings in its annual accounts. is the only director. ENGINEERING FIRST shares no director with another company.

At the same address

Marsveldplein 5, 1050 Ixelles · 396 other companies

FINANCIERE DE TUBIZE registered office since 01-01-1928 · founded in 1928	total assets €1.93bn (2025) 0403.216.429
ECONOCOM GROUP registered office since 02-04-1982 · founded in 1982	turnover €22.1m (2025) 0422.646.816
ECONOCOM FINANCE registered office since 19-10-2010 · founded in 2010 · group ECONOCOM GROUP	total assets €948.1m (2025) 0830.430.559
DEXIA HOLDING registered office since 17-09-2012 · founded in 1996	total assets €741.2m (2025) 0458.548.296
ECONOCOM PRODUCTS & SOLUTIONS BELUX registered office since 01-02-1985 · founded in 1985 · group ECONOCOM GROUP	38 FTE (2025) 0426.851.567
Wex Europe Services (BE) registered office since 18-02-2014 · founded in 2014	turnover €148.8m (2025) 0547.665.760
Ardonagh Specialty Europe registered office since 10-01-2019 · founded in 2019 · accounts filed late	turnover €18.5m (2025) 0717.955.396
Consilio Global registered office since 01-12-2006 · founded in 2006 · group Consilio Eurasia · accounts filed late	turnover €10.2m (2024) 0883.063.353
ECONOCOM LEASE registered office since 30-06-1987 · founded in 1987 · group ECONOCOM GROUP	24 FTE (2025) 0431.321.782
DBG FINANCES registered office since 15-05-2001 · founded in 2000	total assets €59.1m (2025) 0472.432.560

and 386 more

Timeline

25 events since 2007

Filings

Financial

Establishments

Address

2008201020122014201620182020202220242026

2026

29-01-2026

Annual accounts 2022 filed PDFabbreviated format · 913 days late

2024

31-10-2024

Annual accounts 2023 filed PDFmicro format · 92 days late

09-02-2024

Strikeout withdrawn effective 23-01-2024

23-01-2024

Annual accounts 2021 filed PDFfull format · 541 days late

2023

31-12-2023

Weakest financial year net -€265 The net result drops to -€265, the lowest from 2008 to 2023.

2022

04-08-2022

Annual accounts 2020 filed PDFmicro format · 369 days late

24-02-2022

Annual accounts 2018 filed PDFmicro format · 939 days late

24-02-2022

Annual accounts 2019 filed PDFmicro format · 573 days late

2021

15-11-2021

Annual accounts 2017 filed PDFmicro format · 1203 days late

2019

04-06-2019

Registered office moved within IxellesNew registered office: 5 Place du Champs de Mars, étage 20, à 1050 Ixelles · Previous registered office: Rue Alphonse Renard 22, 1050 IXELLES · General meeting of 02-01-20192 points ▸

General meeting, 02-01-2019
Registered-office move, 5 Place du Champs de Mars, étage 20, à 1050 Ixelles

Open the deed in the Belgian Official Gazette

2018

31-12-2018

Highest result from 2008 to 2023 net €94,935 ▲133% The operating result of €122,556 and the net result of €94,935 are both a record.

01-03-2018

Annual accounts 2016 filed PDFmicro format · 213 days late

2017

12-01-2017

Annual accounts 2015 filed PDFfull format · 165 days late

2016

31-12-2016

Equity above €200,000 equity €205,289 ▲14.7% With a profit in every financial year since 2008, equity grows to €205,289.

2015

13-08-2015

Annual accounts 2014 filed PDFfull format · 13 days late

2014

14-10-2014

Annual accounts 2013 filed PDFfull format · 75 days late

2013

31-12-2013

Equity above €150,000 equity €161,467 ▲36.4% With a profit in every financial year since 2008, equity grows to €161,467.

26-09-2013

Annual accounts 2012 filed PDFfull format · 57 days late

2012

31-12-2012

Equity above €100,000 equity €118,412 ▲44.7% With a profit in every financial year since 2008, equity grows to €118,412.

28-08-2012

Annual accounts 2011 filed PDFfull format · 28 days late

2011

22-08-2011

Annual accounts 2010 filed PDFfull format · 22 days late

2010

01-07-2010

Annual accounts 2009 filed PDFfull format · 30 days before the deadline

10-03-2010

Annual accounts 2008 filed PDFfull format · 222 days late

2007

13-08-2007

Incorporation PDFpublished on 16-08-2007

13-08-2007

First establishment Marsveldplein 5, Ixelles

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

ENGINEERING FIRST was incorporated on 13 August 2007.¹ The registered office was moved to Ixelles in 2019.² is director of the company according to the 2020 annual accounts.³ Total assets fell from €619,955 in 2018 to €420,334 in 2023.⁴

Company details

Identity

Enterprise number: 0891.413.964
VAT number: BE 0891.413.964
Legal form: Private limited company (pre-2019)
Status: Active, normal situation
Founded: 13-08-2007
Financial year: ends on 31 December
Peppol: Not found in the Peppol Directory
Name: ENGINEERING FIRST in French
Entity type: Legal entity

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Marsveldplein 5 registered office 1050 Ixelles 16230 Manufacture of other builders' carpentry and joinery	13-08-2007	2.167.716.111

Buildings and parcels at the address

Ground area: 3,724 m²
Buildings: 1,306 m²
Volume, LiDAR: 98,133 m³
Tallest building: 99.0 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

397 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
21009A0769/00S002	3,724 m²	1 · 1,306 m²	99.0 m · 27

Contact

E-mail bshutsha@yahoo.fr establishment in Elsene

Invoicing and payment

E-invoicing via Peppol

Being listed in the Peppol Directory is voluntary, so the company can still receive invoices via Peppol.

Invoicing without a Peppol listing

Try sending from your invoicing software. If that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

Follow this company and you will hear the next morning if it appears in the Peppol register.

Overview

Lifetime

Key points

Equity

Debts

Filings

Bankruptcy probability

Signals

Board and ownership

Recent changes

Official details

Annual accounts 2023

Insights on ENGINEERING FIRST

Financials

Annual accounts 2023

Balance sheet

Change in equityin euro

Change in cash

Filed annual accounts

Filings

Key figures and ratios

Insights on ENGINEERING FIRST

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

No group

At the same address

Timeline

Timeline

History

Company details

Identity

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Contact

Invoicing and payment

in euro