ENGINEERING SYSTEMS
ActiveENGINEERING SYSTEMS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €976k and a net result of €-11k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 47% of 2262 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
59
/ 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
Profitability36▲+8
Solvency63=
Growth58=
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 short (current ratio 0.03 against 0.08 in 2024; short-term debt: 61.9% and cash: 1.3% of total assets), and 61.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
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
38.1%
Return on assets
-0.4%
Age of the figures
12 mo
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 12-03-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
30 d early
2023
42 d early
2022
17 d early
2021
18 d late
2020
31 d late
2019
1 d early
← before the deadline
after the deadline →
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
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€976k▼ 1.1%
2024 · €987k
2018: €1.05M
2019: €1.02M
2020: €991k
2021: €996k
2022: €997k
2023: €1.00M
2024: €987k
2018 → 2025
Total assets
€2.56M▼ 1.7%
2024 · €2.61M
2018: €6.03M
2019: €6.21M
2020: €2.33M
2021: €1.90M
2022: €1.95M
2023: €2.86M
2024: €2.61M
2018 → 2025
Net result
€-11k▲ 23.5%
2024 · €-14k
2018: €-38k
2019: €-35k
2020: €-28k
2021: €5k
2022: €1k
2023: €4k
2024: €-14k
2018 → 2025
Working capital
€-1.54M▼ 2.8%
2024 · €-1.50M
2018: €-860k
2019: €-926k
2020: €-985k
2021: €-861k
2022: €-851k
2023: €-843k
2024: €-1.50M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€996k-€997k▲ 0.1%€1.00M▲ 0.4%€987k▼ 1.4%€976k▼ 1.1%
Operating result€8k-€12k▲ 42.6%€48k▲ 297%€24k▼ 49.0%€36k▲ 48.7%
Net result€5k-€1k▼ 75.0%€4k▲ 229%€-14k€-11k▲ 23.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.56M
Fixed assets
€2.52M▲ 1.2%
Current assets
€47k▼ 61.4%
Equity and liabilities €2.56M
Equity
€976k▼ 1.1%
Debt
€1.59M▼ 2.1%
The debt ratio falls from 62.2% to 61.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€99k▲
2024 · €47k
Cash flow
€52k▲
2024 · €9k
Solvency
38.1%▲
2024 · 37.8%
Current ratio
0.03▼
2024 · 0.08
Quick ratio
0.03▼
2024 · 0.08
Debt / equity
1.63▼
2024 · 1.64
ROE
-1.1%▲
2024 · -1.4%
ROA
-0.4%▲
2024 · -0.5%
Interest coverage
2.19▲
2024 · 1.13
Debt
€1.59M▼
2024 · €1.62M
Debt ≤ 1 year
€1.59M▼
2024 · €1.62M
Income taxes
€2k▼
2024 · €3k
Staff costs
€502k▼
2024 · €567k
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€2.61M€2.56M▼
Fixed assets21/28€2.49M€2.52M▲
Tangible fixed assets22/27€2.48M€2.52M▲
Land and buildings22€2.30M€2.37M▲
Plant, machinery and equipment23€30k€25k▼
Furniture and vehicles24€154k€122k▼
Financial fixed assets28€1k€1k▲
Current assets29/58€123k€47k▼
Amounts receivable within one year40/41€3k€3k=
Trade receivables40€3k€3k=
Other amounts receivable41€0-
Cash at bank and in hand54/58€116k€33k▼
Deferred charges and accrued income490/1€3k€11k▲
Equity and liabilities
Total equity and liabilities10/49€2.61M€2.56M▼
Equity10/15€987k€976k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€1.39M€1.39M=
Reserves13€28k€28k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€-489k€-500k▼
Amounts payable17/49€1.62M€1.59M▼
Amounts payable within one year42/48€1.62M€1.59M▼
Trade debts44€475k€472k▼
Suppliers440/4€475k€472k▼
Taxes, remuneration and social security45€182k€110k▼
Taxes450/3€85k€24k▼
Remuneration and social security454/9€97k€86k▼
Other amounts payable47/48€964k€1.00M▲
Accrued charges and deferred income492/3-€169
Income statement
Code20242025
Remuneration, social security and pensions62€567k€502k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€62k▲
Other operating charges640/8€35k€35k▲
Gross operating margin9900€648k€637k▼
Operating profit (loss)9901€24k€36k▲
Financial income75/76B€6k€9▼
Recurring financial income75€6k€9▼
Financial charges65/66B€42k€45k▲
Recurring financial charges65€42k€45k▲
Non-recurring financial charges66B€0€0▼
Profit (loss) for the period before taxes9903€-11k€-9k▲
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€-14k€-11k▲
Profit (loss) for the period to be appropriated9905€-14k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-489k€-500k▼
Profit (loss) brought forward from the previous period14P€-475k€-489k▼
Social balance
Average headcount (FTE)90877.66.3▼
The notes to these accounts (12 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
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €1MEq €1.00M ▲0.4%
3 profitable years in a row build equity to €1.00M.
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
30-09
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
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 4 acts read
About the unread acts
We know of 4 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
4 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, Leuven · 1 establishment unit since 1994
Ground area
1.8 ha
Building footprint
2,062 m²
Volume, LiDAR
15,438 m³
Parcel 24514C0079/00R000, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ENGINEERING SYSTEMS
since 19942.067.549.159
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0079/00R000 | Flanders | 1.8 ha | 1 · 2,062 m² | 10.5 m · 3 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
549300UQEG9CS5ER6S66
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Of 11,219 companies in sector 82100 we hold annual accounts for 3,512. 1,538 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-05-1994
Fiscal year end30-09
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.