ENKO
The computed 12-month bankruptcy probability of ENKO is 0.2% (very low). The 2025 annual accounts show equity of €19k and a net result of €93k. Equity is shrinking by ~24.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 20% of 4654 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €19k |
| Net result | €93k |
| Better than sector | 20% |
| Active | 8 yrs |
Strong profile, led by profitability.
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 | 10.0% | 55.0% | |
| Net result | €93k | €38k | |
| Equity | €19k | €64k | |
| Gross operating margin | €123k | €61k | |
| Staff costs | €2k | €6k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €121k |
| Net profit | €93k |
| Cash flow | €95k |
| Staff costs | €2k |
| Income taxes | €26k |
| Dividends | €145k |
| Total assets | €186k |
| Equity | €19k |
| Debt | €168k |
| of which ≤ 1y | €168k |
| of which > 1y | - |
| Working capital | €-116k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.31 |
| Quick ratio | 0.31 |
| Working capital ratio | -62.0% |
| Solvency | 10.0% |
| Debt / equity | 9.02 |
| Long-term debt ratio | - |
| Interest coverage | 288.99 |
| Gross margin | - |
| Net margin | - |
| ROA | 49.9% |
| ROE | 500.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €186k |
| Fixed assets | 21/28 | €134k |
| Tangible fixed assets | 22/27 | €134k |
| Current assets | 29/58 | €52k |
| Amounts receivable within one year | 40/41 | €24k |
| Cash & bank | 54/58 | €25k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €186k |
| Equity | 10/15 | €19k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €0 |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €168k |
| Amounts payable within one year | 42/48 | €168k |
| Trade debts payable within one year | 44 | €924 |
| Income statement | ||
| Gross operating margin | 9900 | €123k |
| Operating result | 9901 | €119k |
| Financial income | 75 | €149 |
| Financial charges | 65 | €419 |
| Result before taxes | 9903 | €119k |
| Income taxes | 67/77 | €26k |
| Net result for the period | 9904 | €93k |
| Result to be appropriated | 9905 | €93k |
-
Current29-01-2026 → present
-
Current02-05-2022 → present
2 events
- 02-05-2022 Resigned· Director
- 02-05-2022 Mandate renewed· Director
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 16-01-2018 |
| Status | Active |
| Postal code | 2460 |
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. |
|---|---|---|---|---|
| 13017G0012/00P002 | Flanders | 1,418 m² | 1 · 179 m² | 6.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
29-01-2026 Articles of association amended
Technical details
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"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2026-01-20",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0688.511.938",
"name_full": "ENKO",
"legal_form": "BV"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}02-05-2022 1 resigning, 1 reappointed
- VAN DEN BRANDE Koen, Bestuurder
- VAN DEN BRANDE Koen, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VAN DEN BRANDE Koen",
"address": null,
"birth_date": null
},
"evidence_quote": "De algemene vergadering besluit de huidige zaakvoerder, hierna vermeld, ontslag te geven uit zijn functie en gaat onmiddellijk over tot zijn herbenoeming als niet-statutair bestuurder voor een onbepaalde duur: - de heer VAN DEN BRANDE Koen, geboren te Beveren op 17 november 1970, wonende te 2460 Kas",
"discharge_granted": false
},
{
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"address": null,
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},
"evidence_quote": "De algemene vergadering besluit de huidige zaakvoerder, hierna vermeld, ontslag te geven uit zijn functie en gaat onmiddellijk over tot zijn herbenoeming als niet-statutair bestuurder voor een onbepaalde duur: - de heer VAN DEN BRANDE Koen, geboren te Beveren op 17 november 1970, wonende te 2460 Kas"
}
],
"schema": "v3.2",
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"subject_company": {
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"legal_form": "BVBA"
}
}18-01-2018 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "De Meere 2, 2460 Kasterlee",
"schema": "v3.2",
"act_meta": {
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"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1970-11-17",
"name": "Koen Lodewijk Marie VAN den BRANDE",
"niss": null,
"address": "De Meere 2, 2460 Kasterlee"
},
"share_class": "Gelijke aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 18600,
"holder_person_name": "Koen Lodewijk Marie VAN den BRANDE",
"is_subscriber_only": true,
"n_shares_subscribed": 186,
"amount_subscribed_eur": 18600,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600,
"subject_company": {
"kbo": "0688.511.938",
"name_full": "ENKO",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2018-01-16",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ENKO |