Engineers at Work
The computed 12-month bankruptcy probability of Engineers at Work is 0.2% (very low). The 2024 annual accounts show equity of €723k and a net result of €50k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 3373 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €723k |
| Net result | €50k |
| Staff (FTE) | 1.3 |
| Better than sector | 93% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 88.8% | 55.1% | |
| Net result | €50k | €19k | |
| Equity | €723k | €45k | |
| Gross operating margin | €174k | €38k | |
| Staff costs | €92k | €14k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €77k |
| Net profit | €50k |
| Cash flow | €64k |
| Staff costs | €92k |
| Income taxes | €20k |
| Dividends | €60k |
| Total assets | €814k |
| Equity | €723k |
| Debt | €91k |
| of which ≤ 1y | €91k |
| of which > 1y | - |
| Working capital | €452k |
| Employees (FTE) | 1.3 |
| 2024 | |
|---|---|
| Current ratio | 5.96 |
| Quick ratio | 5.96 |
| Working capital ratio | 55.5% |
| Solvency | 88.8% |
| Debt / equity | 0.13 |
| Long-term debt ratio | - |
| Interest coverage | 98.66 |
| Gross margin | - |
| Net margin | - |
| ROA | 6.2% |
| ROE | 7.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €814k |
| Fixed assets | 21/28 | €271k |
| Tangible fixed assets | 22/27 | €271k |
| Current assets | 29/58 | €543k |
| Amounts receivable within one year | 40/41 | €176k |
| Investments | 50/53 | €66k |
| Cash & bank | 54/58 | €295k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €814k |
| Equity | 10/15 | €723k |
| Contributions / capital | 10/11 | €87k |
| Reserves | 13 | €636k |
| Amounts payable | 17/49 | €91k |
| Amounts payable within one year | 42/48 | €91k |
| Trade debts payable within one year | 44 | €72k |
| Income statement | ||
| Gross operating margin | 9900 | €174k |
| Operating result | 9901 | €63k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €783 |
| Result before taxes | 9903 | €70k |
| Income taxes | 67/77 | €20k |
| Net result for the period | 9904 | €50k |
| Result to be appropriated | 9905 | €50k |
-
Current18-05-2022 → present
| NACE primary | Engineering activities(71121) |
| Legal form | Private limited company(610) |
| Incorporation | 31-03-2004 |
| Status | Active |
| Postal code | 2547 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11025D0379/00E000 | Flanders | 610 m² | 1 · 131 m² | 5.4 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-04-2026 Act object · Board meeting · Seat change · Power of attorney
- Filing: 2026-04-07 · Engineers at Work
- Publication: 2026-04-09 · Engineers at Work
- Act object: MAATSCHAPPELIJKE ZETEL · Engineers at Work
- Board meeting: 2026-03-30 · Engineers at Work
- Seat change: new_address: Albrecht Rodenbachlaan 5, 2547 Lint, old_address: Ridder Dessainlaan 1A, 2800 Mechelen, België, effective_date: 2026-06-01 · Engineers at Work
- Power of attorney: lasthebber · Delsupehe Kelly
Technical details
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}18-05-2022 MATTHYS Jan appointed as director
- MATTHYS Jan, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Engineers at Work |
| AbbreviationNL | EAW of Engineers@work |