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ENGINEERING VANHOUTTE

Active
Public limited companyfounded 1991active for 35 yearsKalkhoevestraat 32, 8790 Waregem, BelgiumKBO/BCE: BE 0443.788.064
Summary

ENGINEERING VANHOUTTE has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €615,246 and a net result of €16,865. Equity remains stable across the filed financial years (±0.3% per year). Its solvency ranks better than 49% of 15,681 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€615,246▲ 2.8%
2024 · €598,381
Total assets
€1.1m▲ 16.8%
2024 · €948,648
Net result
€16,865▼ 15.4%
2024 · €19,945
Working capital
-€186,652▼ 61.4%
2024 · -€115,658
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 14% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.05m 2025 Net result€0.02m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.04m-€0.04m▼ 15.8%€0.03m▼ 27.5%€0.008m▼ 70.6%€0.05m▲ 524%€0.06m▲ 18.2%€0.05m▼ 13.9%
Net result€0.02m-€0.01mwithin the sector's middle half▼ 32.0%-€0.01mbelow the sector's middle half-€0.01mbelow the sector's middle half▲ 23.7%€317below the sector's middle half€0.02mwithin the sector's middle half▲ 6,187%€0.02mwithin the sector's middle half▼ 15.4%
Equity€0.6m-€0.6mabove the sector's middle half▲ 1.9%€0.6mabove the sector's middle half▼ 2.3%€0.6mabove the sector's middle half▼ 1.8%€0.6mabove the sector's middle half▲ 0.1%€0.6mabove the sector's middle half▲ 3.4%€0.6mabove the sector's middle half▲ 2.8%
Total assets€1.2m-€1.3mabove the sector's middle half▲ 8.1%€1.3mabove the sector's middle half▼ 1.0%€1.0mabove the sector's middle half▼ 25.9%€0.9mabove the sector's middle half▼ 1.5%€0.9mabove the sector's middle half▲ 1.1%€1.1mabove the sector's middle half▲ 16.8%
Debt€0.6m-€0.7m▲ 14.0%€0.7m▲ 0.2%€0.4m▼ 46.3%€0.4m▼ 3.8%€0.4m▼ 2.6%€0.5m▲ 40.6%
Working capital-€0.3m--€0.6mbelow the sector's middle half▼ 83.8%-€0.6mbelow the sector's middle half▲ 5.8%-€0.2mbelow the sector's middle half▲ 62.1%-€0.2mbelow the sector's middle half▲ 18.1%-€0.1mbelow the sector's middle half▲ 34.3%-€0.2mbelow the sector's middle half▼ 61.4%
Solvency49.2%-46.4%within the sector's middle half▼ 2.8pp45.8%within the sector's middle half▼ 0.6pp60.7%within the sector's middle half▲ 14.9pp61.7%within the sector's middle half▲ 0.9pp63.1%within the sector's middle half▲ 1.4pp55.5%within the sector's middle half▼ 7.5pp
Current ratio0.46-0.13below the sector's middle half▼ 0.330.18below the sector's middle half▲ 0.050.42below the sector's middle half▲ 0.240.51below the sector's middle half▲ 0.090.67below the sector's middle half▲ 0.160.54below the sector's middle half▼ 0.12
Return on assets (ROA)1.4%-0.9%below the sector's middle half▼ 0.5pp-1.1%below the sector's middle half▼ 1.9pp-1.1%below the sector's middle half=0.0%below the sector's middle half▲ 1.1pp2.1%below the sector's middle half▲ 2.1pp1.5%below the sector's middle half▼ 0.6pp
above within below the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €885,691 ▲ 23.6%
Current assets €222,176 ▼ 4.2%
Equity and liabilities €1.1m
Equity €615,246 ▲ 2.8%
Debt €492,621 ▲ 40.6%
Debt's share of the balance-sheet total rises from 36.9% to 44.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€90,820▼
2024 · €94,369
Cash flow
€60,026▲
2024 · €58,966
Debt to equity
0.80▲
2024 · 0.59
ROE
2.7%▼
2024 · 3.3%
Interest coverage
4.61▲
2024 · 4.34
Debt ≤ 1 year
€408,828▲
2024 · €347,512
Debt > 1 year
€81,667
Income taxes
€11,072▼
2024 · €13,671
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.9m€1.1m▲
Fixed assets21/28€0.7m€0.9m▲
Tangible fixed assets22/27€0.7m€0.9m▲
Land and buildings22€0.3m€0.3m=
Other tangible fixed assets26€0.5m€0.6m▲
Current assets29/58€0.2m€0.2m▼
Amounts receivable within one year40/41€0.004m€0.004m▲
Trade receivables40€0.004m€0.004m▲
Cash at bank and in hand54/58€0.2m€0.2m▼
Deferred charges and accrued income490/1€0.004m€0.004m▼
Equity and liabilities
Total equity and liabilities10/49€0.9m€1.1m▲
Equity10/15€0.6m€0.6m▲
Contributions10/11€0.3m€0.3m=
Capital10€0.3m€0.3m=
Issued capital100€0.3m€0.3m=
Reserves13€0.3m€0.3m▲
Non-distributable reserves130/1€0.03m€0.03m=
Legal reserve130€0.03m€0.03m=
Distributable reserves133€0.3m€0.3m▲
Amounts payable17/49€0.4m€0.5m▲
Amounts payable after more than one year17-€0.08m
Financial debts170/4-€0.08m
Amounts payable within one year42/48€0.3m€0.4m▲
Current portion of amounts payable after more than one year42-€0.02m
Financial debts43€0.1m€0.1m▼
Credit institutions430/8€0.1m€0.1m▼
Trade debts44€0.001m€0.05m▲
Suppliers440/4€0.001m€0.05m▲
Taxes, remuneration and social security45€0.006m€0.01m▲
Taxes450/3€0.006m€0.01m▲
Other amounts payable47/48€0.2m€0.2m▲
Accrued charges and deferred income492/3€0.003m€0.002m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.04m▲
Other operating charges640/8€0.01m€0.01m▲
Gross operating margin9900€0.1m€0.1m▼
Operating profit (loss)9901€0.06m€0.05m▼
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903€0.03m€0.03m▼
Income taxes67/77€0.01m€0.01m▼
Profit (loss) for the period9904€0.02m€0.02m▼
Profit (loss) for the period to be appropriated9905€0.02m€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.006m€0.02m▲
Profit (loss) brought forward from the previous period14P-€0.01m-
Transfer to equity691/2€0.006m€0.02m▲
To other reserves6921€0.006m€0.02m▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,093€46,678€53,897€40,479€39,021€39,021€43,161▲ 10.6%
Other operating charges640/8---€12,211€11,349€10,680€11,600▲ 8.6%
Non-recurring operating charges66A---€39,410----
Gross operating margin9900€96,134€90,899€88,415€99,609€97,209€105,048€102,419▼ 2.5%
Operating profit (loss)9901€41,773€35,183€25,508€7,509€46,840€55,348€47,659▼ 13.9%
Recurring financial income75--€0-----
Financial charges65/66B---€17,757€15,638€21,732€19,722▼ 9.2%
Recurring financial charges65€14,960€16,989€19,465€17,757€15,638€21,732€19,722▼ 9.2%
Profit (loss) for the period before taxes9903€26,813€18,194€6,043-€10,247€31,202€33,616€27,937▼ 16.9%
Income taxes67/77€9,929€6,713€19,704€170€30,885€13,671€11,072▼ 19.0%
Profit (loss) for the period9904€16,885€11,480-€13,661-€10,417€317€19,945€16,865▼ 15.4%
Profit (loss) for the period to be appropriated9905€16,885€11,480-€13,661-€10,417€317€19,945€16,865▼ 15.4%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.2m€1.3m€1.3m€1.0m€0.9m€0.9m€1.1m▲ 16.8%
Fixed assets21/28€0.9m€1.2m€1.2m€0.8m€0.8m€0.7m€0.9m▲ 23.6%
Tangible fixed assets22/27€0.9m€1.2m€1.2m€0.8m€0.8m€0.7m€0.9m▲ 23.6%
Land and buildings22---€0.3m€0.3m€0.3m€0.3m=
Other tangible fixed assets26---€0.5m€0.5m€0.5m€0.6m▲ 37.1%
Current assets29/58€0.3m€0.09m€0.1m€0.2m€0.2m€0.2m€0.2m▼ 4.2%
Amounts receivable within one year40/41€0.02m€0.005m-€0.02m€0.01m€0.004m€0.004m▲ 14.8%
Trade receivables40---€0.005m€0.004m€0.004m€0.004m▲ 14.8%
Other amounts receivable41---€0.01m€0.01m---
Cash at bank and in hand54/58€0.3m€0.08m€0.1m€0.1m€0.2m€0.2m€0.2m▼ 4.3%
Deferred charges and accrued income490/1---€0.005m€0.005m€0.004m€0.004m▼ 10.7%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.3m€1.3m€1.0m€0.9m€0.9m€1.1m▲ 16.8%
Equity10/15€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m▲ 2.8%
Contributions10/11€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Capital10---€0.3m€0.3m€0.3m€0.3m=
Issued capital100---€0.3m€0.3m€0.3m€0.3m=
Reserves13€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m▲ 5.5%
Non-distributable reserves130/1---€0.03m€0.03m€0.03m€0.03m=
Legal reserve130---€0.03m€0.03m€0.03m€0.03m=
Distributable reserves133---€0.3m€0.3m€0.3m€0.3m▲ 6.0%
Profit (loss) carried forward14---€0.004m-€0.01m-€0.01m---
Amounts payable17/49€0.6m€0.7m€0.7m€0.4m€0.4m€0.4m€0.5m▲ 40.6%
Amounts payable after more than one year17------€0.08m-
Financial debts170/4------€0.08m-
Amounts payable within one year42/48€0.6m€0.7m€0.7m€0.4m€0.4m€0.3m€0.4m▲ 17.6%
Current portion of amounts payable after more than one year42------€0.02m-
Financial debts43---€0.2m€0.2m€0.1m€0.1m▼ 15.2%
Credit institutions430/8---€0.2m€0.2m€0.1m€0.1m▼ 15.2%
Trade debts44€0.001m€0.001m€0.004m€0.002m€0.003m€0.001m€0.05m▲ 5,628%
Suppliers440/4---€0.002m€0.003m€0.001m€0.05m▲ 5,628%
Taxes, remuneration and social security45---€0.003m€0.002m€0.006m€0.01m▲ 75.9%
Taxes450/3---€0.003m€0.002m€0.006m€0.01m▲ 75.9%
Other amounts payable47/48---€0.2m€0.2m€0.2m€0.2m▲ 4.1%
Accrued charges and deferred income492/3---€0.002m€0.001m€0.003m€0.002m▼ 22.8%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€16,885€11,480-€13,661-€10,417€317€19,945€16,865▼ 15.4%
+ Depreciation and write-downs630€45,093€46,678€53,897€40,479€39,021€39,021€43,161▲ 10.6%
Operating cash flow (approximation)€61,978€58,158€40,236€30,062€39,338€58,966€60,026▲ 1.8%
Investment in fixed assets (approximation)--€332,973-€4,713€322,102€0€0-€212,058-
Change in cash--€173,587€41,877€14,054€24,455€61,773-€9,728-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 19-03-2026 2026-00056958
30-09-2024 micro format 18-03-2025 2025-00049447
30-09-2023 micro format 14-03-2024 2024-00043262
30-09-2022 micro format 22-03-2023 2023-00042985
30-09-2021 micro format 28-03-2022 2022-08800112
30-09-2020 micro format 22-03-2021 2021-08000521
30-09-2019 micro format 06-05-2020 2020-11600181
30-09-2018 abbreviated format 05-04-2019 2019-09400135
30-09-2017 abbreviated format 09-04-2018 2018-09400051
30-09-2016 abbreviated format 23-03-2017 2017-07000087

Show all 34 filings

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