Equity
ENVIRO ENGINEERING has made a profit without a break since 2016.
ENVIRO ENGINEERING has made a profit without a break since 2016.
Green is investment, beige is depreciation.
Three of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 68% of them on solvency, 86% on liquidity, 54% on profitability and 68% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 20,137 companies had the same profile as ENVIRO ENGINEERING has now. Each dot stands for 51 companies, two years later.
That fits the bankruptcy probability of ENVIRO ENGINEERING itself: < 0.1% within 12 months.
The method was tested on the 497,448 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.
| 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 20,137 companies, not a prediction for ENVIRO ENGINEERING. 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.
Liquidity is ample, with a current ratio of 4.86 (4.28 in 2024), above the usual 1.5. Short-term debt is 20.5% and cash 56.3% of total assets. 31.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ENVIRO ENGINEERING Alken | €579,888 | €98,654 | 68.9% | - |
| MAVA RE Steenokkerzeel | €688,222 | €104,675 | 60.9% | - |
| TOEZICHTKANTOOR S.V.T. Houthalen-Helchteren | €651,620 | €108,113 | 85.3% | - |
| BCL Consultancy Chaudfontaine | €510,448 | €99,925 | 64.4% | - |
| HEPACO Putte | €699,722 | €109,915 | 84.6% | - |
| CRIMAN CONSULTANTS Knokke-Heist | €451,578 | €90,078 | 96.9% | - |
| TEMCON Oudenaarde | €449,358 | €108,588 | 79.1% | - |
These companies have the same main activity as ENVIRO ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €449,000 and €700,000, founded between 1990 and 2001.
ENVIRO ENGINEERING files the abbreviated format. That format states no turnover. The gross margin rose from €52,954 in 2006 to €98,654 in 2025.
The balance sheet grew most from 2007 to 2009 through fixed assets, financed with long-term debt.
AD-CO holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.