Less equity than 81% of companies in machinery and equipment. Sector median €92,082 · 513 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 7,983 companies had the same profile as Engines Casting has now. Each dot stands for 20 companies, two years later.
94.2%
were still trading
1.9%
stopped another way
3.6%
went bankrupt
Micro
2 to 5 years old
solvency 10 to 30%
a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,983 companies, not a prediction for Engines Casting. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Incorporation
Founding capital of €10,000, 100 shares · Founders: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointments: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director) · published on 28-06-2023 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Engines Casting: manufacture of machinery and equipment not elsewhere classified (NACE 28110). They are comparable in size and age: total assets between €43,200 and €653,000, founded between 2017 and 2023.
Engines Casting has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,372 and a net result of €24,416.
Its solvency ranks better than 19% of 513 sector peers (NACE 28, financial year 2025).
micro format, filed on 16-06-2026, 45 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €90,000 and €270,000.
Balance sheet
balance sheet total €128,864 on 31-12-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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 accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
36,822
66,203
35,246
64,104
0
54,152
6,573
-
-14,802
-30,048
13.5%
11.1%
0.87
0.71
0.40
0.36
6.42
8.02
140.5%
408.7%
18.9%
45.3%
over 100
38.40
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.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
Intangible fixed assets
-
€54,152
€10,830
€11,147
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Engines Casting
The operating result for 2025 is 53% lower than in 2024.
Debt's share of the balance-sheet total falls from 88.9% to 86.5%. Equity and debt are higher.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
2 directors, since incorporation
Name hiddenVisible after signing in
Director (not named in the articles)
appointed by deed of 28-06-2023term without a fixed end
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
2 names, the dashed line is today
202320242025202620272028
Name after signing inVisible after signing in Director (not named in the articles)
Name hiddenVisible after signing in Director (not named in the articles)
Board
Mandates as a list
Hidden nameVisible after signing in
Director (not named in the articles), appointed by deed of 28-06-2023, still in office
Name after signing inVisible after signing in
Director (not named in the articles), appointed by deed of 28-06-2023, still in office
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Niet-statutaire bestuurder(s) herroepbaar ad nutum bij besluit van de algemene vergadering, algemene vergadering”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
IncorporationFounding capital of €10,000, 100 shares · Founders: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Appointments: Name hiddenVisible after signing in (director) and Hidden nameVisible after signing in (director) · published on 28-06-20238 points ▸
Founder, Name after signing inVisible after signing in
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 26 June 2023, Engines Casting was incorporated as a private limited company by Name after signing inVisible after signing in and one natural person, with a starting capital of €10,000.12Today the board has 2 members.3The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
28110Manufacture of machinery and equipment not elsewhere classified main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het ontwerpen,vervaardigen,assembleren,onderhouden en verhandelen van onderdelen van motorvoertuigen en andere…”
25 activities
Het ontwerpen,vervaardigen,assembleren,onderhouden en verhandelen van onderdelen van motorvoertuigen en andere transportmiddelen,hijstoestellen en dergelijke meer.
Hiertoe wordt tevens bedoeld:het ontwerpen,vervaardigen en assembleren van motoren,turbines,pompen,compressoren,hydraulische apparatuur,tandwielen,lagers,drijfwerkelementen voor motorvoertuigen,andere transportmiddelen en werktuigen in het algemeen.
Het ontwerpen,vervaardigen,assembleren,reparatie en montage van specifieke auto-onderdelen,alsook de installatie van onderdelen en accessoires,inclusief de ombouw- en uitbouwwerkzaamheden,aanbrengen van reclameopdruk en dergelijke meer.
De klein- en groothandel,import en export van bovenvermelde.
De klein- en groothandel,import en export van rollend materieel in het algemeen,voor eigen rekening of voor rekening van derden.
De klein- en groothandel,import en export in nieuwe en gebruikte wagens voor personenvervoer.Hieronder dient ook te worden verstaan terreinwagens,touringcars,minibusjes,motorhomes,ambulances en dergelijke meer.
Klein- en groothandel,import en export in nieuwe en gebruikte motorfietsen en moto’s.
Klein- en groothandel,import en export in nieuwe en gebruikte vrachtwagens – zowel licht als zwaar vervoer.Dit betekent onder meer handel in vrachtwagens,opleggers,trekkers voor alle doeleinden,aanhangwagens,bestelwagens,terreinwagens.Deze lijst is niet limitatief.
Klein- en groothandel,import en export in onderdelen en accessoires van rollend materieel in de meest ruime zin van het woord.
Optreden als tussenpersoon en commissionair in de handel van goederen in het algemeen en de handel van rollend materieel,onderdelen en accessoires in het bijzonder.
Algemeen onderhoud en reparaties van auto’s,bromfietsen,moto’s en vrachtwagens.
Algemeen onderhoud en reparaties van overige voertuigen (>3.5ton),maar ook van diverse werktuigen en hijstoestellen.
Alle carrosserie- en koetswerken.
Het huren,verhuren,leasen,in leasing geven of ter beschikkingstellen onder het even welke vorm van alle roerende goederen en van rollend materieel en afgeleiden in het bijzonder.
Het verzorgen van takeldienst.
Het organiseren van evenementen die aansluiten bij bovenvermelde activiteiten in de meest ruime zin van het woord.
Het inrichten van een secretariaat of dienstverlening,die nodig zijn voor de uitoefening van bovenvermelde activiteiten.
Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en andere immateriële activa.
Het verwerven van participaties in eender welke vorm in alle bestaande of nog op te richten rechtspersonen.
Het verlenen van adviezen in kader van diverse economische activiteiten.
Het uitvoeren van alle studies en onderzoek,het verrichten van marktonderzoek,promotie,raadgeving,prospectie en marketing in de meest ruime zin.De vennootschap kan alle vormen van communicatie aanwenden ten einde haar doel te bereiken.
Het uitoefenen van mandaten in andere ondernemingen.
Het beheer van een eigen onroerend vermogen,dit omvat:Het aanleggen en oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen,en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen en verbouwen,onderhouden,verwerven en verkopen van vruchtgebruik en alle andere zakelijke rechten.Het verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,voor eigen rekening en voor rekening van derden.
Alle handelingen die rechtstreeks en onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen.
Het beheer van een eigen roerend vermogen,en alle handelingen die hiermee verband houden.De vennootschap mag voor eigen rekening en voor rekening van derden alle handelingen verrichten om de verwezenlijking van haar voorwerp of de uitbreiding van de vennootschap te vergemakkelijken.De vennootschap mag belangen hebben,door inbreng,versmelting,deelname in alle bestaande of op te richten vennootschappen of ondernemingen zowel in België als in het buitenland,die een gelijkaardig voorwerp nastreven.