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ENTERPRISE

Active
Private limited companyfounded 2023active for 3 yearsNijverheidsstraat 70, 2160 Wommelgem, BelgiumKBO/BCE: BE 0804.961.527

Financials · financial year 2025, micro format

2025 annual accounts filed 29 days after the deadline Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00451739.

Annual accounts 2025 filed on 29-08-2026 at the NBB all 2 filings

Turnover
≈ €76,000
Estimated: probably between €50,000 and €160,000
Total assets
€12,885▲ 9.5%
2024 · €11,762
Net result
€5,951
2024 · -€3,533
Working capital
€7,418▲ 406%
2024 · €1,467
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is a profit of €5,992, after a loss of €3,296 in 2024.

Operating result€5,992 2025 Net result€5,951 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€3,296-€5,992
Net result-€3,533below the sector's middle half-€5,951within the sector's middle half
Equity€1,467below the sector's middle half-€7,418below the sector's middle half▲ 406%
Total assets€11,762below the sector's middle half-€12,885below the sector's middle half▲ 9.5%
Debt€10,295-€5,466▼ 46.9%
Working capital€1,467below the sector's middle half-€7,418within the sector's middle half▲ 406%
Solvency12.5%below the sector's middle half-57.6%within the sector's middle half▲ 45.1pp
Current ratio1.14within the sector's middle half-2.36within the sector's middle half▲ 1.21
Return on assets (ROA)-30.0%below the sector's middle half-46.2%above the sector's middle half▲ 76.2pp
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €12,885
Equity €7,418 ▲ 406%
Debt €5,466 ▼ 46.9%
Debt's share of the balance-sheet total falls from 87.5% to 42.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.74▼
2024 · 7.02
ROE
80.2%▲
2024 · -240.8%
Debt ≤ 1 year
€5,466▼
2024 · €10,295
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Subsidies and aid

Flemish government

2024 to 2025 · 3 entries · €17,499 awarded · €17,499 paid
Year Entries AwardedPaid
2025 2 €10,260€10,260
2024 1 €7,239€7,239
Schemes
2 entries · €15,997 · €15,997 paid · Departement Werk en Sociale Economie
1 entry · €1,502 · €1,502 paid · Fonds voor Innoveren en Ondernemen

Comparable companies

These companies have the same main activity as ENTERPRISE: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €10,600 and €14,500, founded between 2022 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
ENTERPRISE Wommelgem2023€12,885€7,418€9,182€5,9512025
VAN DAMME TOM BV Dentergem2023€13,920€8,614€8,004€5,6142025
MB General Construction Erquelinnes2024€13,133€9,781€10,890€7,0312025
T-Works Wortegem-Petegem2023€10,608€2,218€8,511€3,9302025
M&Y Technics Leopoldsburg2022€14,177€13,968€9,993€2882025
TTH Services Antwerpen2022€14,534€8,577€11,295€8,9182025
BL & C° Antwerpen2024€13,884€7,204€5,825€4,2042024

They were chosen from the 10,240 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as ENTERPRISE has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

That fits the bankruptcy probability of ENTERPRISE itself: 1.8% within 12 months.

Test of the method

The method was tested on the 497,446 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 3.0% 3.1%
10 5.6% 6.2%

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 39,278 companies, not a prediction for ENTERPRISE. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines

Source: Annual accounts 2025 at the NBB, filed on 29-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€11,762€12,885▲
Current assets29/58€11,762€12,885▲
Amounts receivable within one year40/41€6,616€8,127▲
Trade receivables40€1,870€0▼
Other amounts receivable41€4,746€8,127▲
Cash at bank and in hand54/58€5,146€794▼
Deferred charges and accrued income490/1-€3,964
Equity and liabilities
Total equity and liabilities10/49€11,762€12,885▲
Equity10/15€1,467€7,418▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€3,533€2,418▲
Amounts payable17/49€10,295€5,466▼
Amounts payable within one year42/48€10,295€5,466▼
Trade debts44€8,900€3,084▼
Suppliers440/4€8,900€3,084▼
Taxes, remuneration and social security45€1,395€2,382▲
Taxes450/3€1,395€2,382▲
Income statement Code20242025
Other operating charges640/8€309€3,190▲
Gross operating margin9900-€2,987€9,182▲
Operating profit (loss)9901-€3,296€5,992▲
Financial charges65/66B€237€41▼
Recurring financial charges65€237€41▼
Profit (loss) for the period before taxes9903-€3,533€5,951▲
Profit (loss) for the period9904-€3,533€5,951▲
Profit (loss) for the period to be appropriated9905-€3,533€5,951▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,533€2,418▲
Profit (loss) brought forward from the previous period14P--€3,533

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Line20242025Change
Other operating charges640/8€309€3,190▲ 933%
Gross operating margin9900-€2,987€9,182-
Operating profit (loss)9901-€3,296€5,992-
Financial charges65/66B€237€41▼ 82.7%
Recurring financial charges65€237€41▼ 82.7%
Profit (loss) for the period before taxes9903-€3,533€5,951-
Profit (loss) for the period9904-€3,533€5,951-
Profit (loss) for the period to be appropriated9905-€3,533€5,951-
Line20242025Change
Assets
Total assets20/58€11,762€12,885▲ 9.5%
Current assets29/58€11,762€12,885▲ 9.5%
Amounts receivable within one year40/41€6,616€8,127▲ 22.8%
Trade receivables40€1,870€0▼ 100%
Other amounts receivable41€4,746€8,127▲ 71.2%
Cash at bank and in hand54/58€5,146€794▼ 84.6%
Deferred charges and accrued income490/1-€3,964-
Equity and liabilities
Total equity and liabilities10/49€11,762€12,885▲ 9.5%
Equity10/15€1,467€7,418▲ 406%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€3,533€2,418-
Amounts payable17/49€10,295€5,466▼ 46.9%
Amounts payable within one year42/48€10,295€5,466▼ 46.9%
Trade debts44€8,900€3,084▼ 65.3%
Suppliers440/4€8,900€3,084▼ 65.3%
Taxes, remuneration and social security45€1,395€2,382▲ 70.8%
Taxes450/3€1,395€2,382▲ 70.8%
Line20242025Change
Profit (loss) for the period9904-€3,533€5,951-
Operating cash flow (approximation)-€3,533€5,951-
Change in cash--€4,352-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 29-08-2026 2026-00451739 NBB
31-12-2024 micro format 15-07-2025 2025-00272315 PDF

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