Envisan
ActiveSummary
Envisan has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49.9m and a net result of €14.3m. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 303 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,577 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €41.8m | €57.5m | €94.6m | €137.1m | €109.3m | ▼ 20.3% |
| Turnover70 | €41.2m | €55.7m | €94.2m | €136.7m | €108.5m | ▼ 20.6% |
| Other operating income74 | €629,872 | €1.8m | €401,643 | €472,342 | €785,703 | ▲ 66.3% |
| Operating charges60/66A | €37.1m | €47.4m | €82.8m | €114.9m | €96.1m | ▼ 16.3% |
| Goods for resale, raw materials and consumables60 | €7.2m | €11.5m | €19.1m | €23.2m | €24.3m | ▲ 4.8% |
| Purchases600/8 | €7.4m | €11.5m | - | €23.1m | €24.2m | ▲ 4.6% |
| Change in stocks: decrease (increase)609 | -€206,947 | -€5,615 | -€300,453 | €78,148 | €128,377 | ▲ 64.3% |
| Services and other goods61 | €21.0m | €23.4m | €41.5m | €76.3m | €65.7m | ▼ 13.9% |
| Remuneration, social security and pensions62 | €6.5m | €6.6m | €8.0m | €9.5m | €11.1m | ▲ 16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.6m | €1.4m | €1.2m | €2.2m | €2.4m | ▲ 7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€43,042 | -€57,120 | €0 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €528,946 | €4.2m | €12.5m | €3.3m | -€8.0m | ▼ 345% |
| Other operating charges640/8 | €427,080 | €413,536 | €502,875 | €292,972 | €647,690 | ▲ 121% |
| Operating profit (loss)9901 | €4.6m | €10.1m | €11.8m | €22.2m | €13.2m | ▼ 40.8% |
| Financial income75/76B | €1.0m | €180,322 | - | €3.2m | €3.0m | ▼ 9.0% |
| Recurring financial income75 | €1.0m | €180,322 | €2.0m | €1.8m | €3.0m | ▲ 65.9% |
| Income from financial fixed assets750 | €124,000 | €95,000 | €634,838 | €397,505 | €1.6m | ▲ 291% |
| Other financial income752/9 | €908,101 | €85,322 | €1.4m | €1.4m | €1.4m | ▲ 1.5% |
| Non-recurring financial income76B | - | - | - | €1.5m | - | - |
| Financial charges65/66B | €1.0m | €74,421 | €316,356 | €408,329 | €235,261 | ▼ 42.4% |
| Recurring financial charges65 | €1.0m | €74,421 | €316,356 | €73,479 | €111,314 | ▲ 51.5% |
| Debt charges650 | €6,187 | €6,964 | €849 | - | - | - |
| Other financial charges652/9 | €1.0m | €67,458 | €315,508 | €73,479 | €111,314 | ▲ 51.5% |
| Non-recurring financial charges66B | - | - | - | €334,850 | €123,947 | ▼ 63.0% |
| Profit (loss) for the period before taxes9903 | €4.6m | €10.2m | €13.5m | €25.1m | €15.9m | ▼ 36.7% |
| Transfer from deferred taxes780 | - | €9,324 | - | - | - | - |
| Income taxes67/77 | €759,373 | €1.1m | €3.2m | €4.4m | €1.6m | ▼ 63.5% |
| Taxes670/3 | €759,373 | €1.1m | €3.2m | €4.4m | €1.6m | ▼ 63.5% |
| Profit (loss) for the period9904 | €3.9m | €9.1m | €10.3m | €20.7m | €14.3m | ▼ 31.0% |
| Profit (loss) for the period to be appropriated9905 | €3.9m | €9.1m | €10.3m | €20.7m | €14.3m | ▼ 31.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60.9m | €82.0m | €120.4m | €143.3m | €135.4m | ▼ 5.5% |
| Formation expenses20 | - | €0 | - | - | - | - |
| Fixed assets21/28 | €15.4m | €14.2m | €16.4m | €15.6m | €14.4m | ▼ 7.2% |
| Intangible fixed assets21 | - | €0 | €0 | - | - | - |
| Tangible fixed assets22/27 | €10.3m | €9.1m | €11.3m | €10.1m | €9.1m | ▼ 10.4% |
| Land and buildings22 | €6.9m | €5.3m | €4.8m | €4.4m | €3.9m | ▼ 10.5% |
| Plant, machinery and equipment23 | €2.9m | €2.4m | €5.3m | €4.9m | €3.9m | ▼ 21.1% |
| Furniture and vehicles24 | €503,673 | €552,491 | €759,952 | €830,011 | €1.3m | ▲ 54.6% |
| Assets under construction and advance payments27 | - | €909,538 | €390,754 | €3,746 | - | - |
| Financial fixed assets28 | €5.1m | €5.0m | €5.0m | €5.4m | €5.4m | ▼ 1.1% |
| Affiliated companies280/1 | €5.0m | €5.0m | €5.0m | €5.4m | €5.3m | ▼ 1.2% |
| Participating interests280 | €5.0m | €5.0m | €5.0m | €5.4m | €5.3m | ▼ 1.2% |
| Other financial fixed assets284/8 | €35,043 | €34,290 | €34,875 | €27,452 | €27,970 | ▲ 1.9% |
| Shares284 | €25,600 | €25,600 | €25,600 | €25,600 | €25,600 | = |
| Amounts receivable and cash guarantees285/8 | €9,443 | €8,690 | €9,275 | €1,852 | €2,370 | ▲ 28.0% |
| Current assets29/58 | €45.5m | €67.8m | €104.1m | €127.7m | €120.9m | ▼ 5.3% |
| Stocks and contracts in progress3 | €2.2m | €2.0m | €2.3m | €2.2m | €2.1m | ▼ 5.9% |
| Stocks30/36 | €2.0m | €2.0m | €2.3m | €2.2m | €2.1m | ▼ 5.9% |
| Raw materials and consumables30/31 | €2.0m | €2.0m | €2.3m | €2.2m | €2.1m | ▼ 5.9% |
| Contracts in progress37 | €235,887 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €38.3m | €56.8m | €86.6m | €117.0m | €107.3m | ▼ 8.3% |
| Trade receivables40 | €14.5m | €24.4m | €53.3m | €53.3m | €36.1m | ▼ 32.3% |
| Other amounts receivable41 | €23.7m | €32.4m | €33.2m | €63.7m | €71.2m | ▲ 11.8% |
| Current investments50/53 | - | - | - | €5.5m | €2.4m | ▼ 55.5% |
| Other investments51/53 | - | - | - | €5.5m | €2.4m | ▼ 55.5% |
| Cash at bank and in hand54/58 | €4.8m | €8.8m | €15.1m | €2.8m | €9.1m | ▲ 224% |
| Deferred charges and accrued income490/1 | €312,653 | €243,458 | €109,131 | €274,445 | €112,301 | ▼ 59.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60.9m | €82.0m | €120.4m | €143.3m | €135.4m | ▼ 5.5% |
| Equity10/15 | €33.8m | €42.2m | €42.9m | €43.6m | €49.9m | ▲ 14.4% |
| Contributions10/11 | €40.0m | €40.0m | €40.0m | €40.0m | €40.0m | = |
| Capital10 | €40.0m | €40.0m | €40.0m | €40.0m | €40.0m | = |
| Issued capital100 | €40.0m | €40.0m | €40.0m | €40.0m | €40.0m | = |
| Revaluation surpluses12 | €721,353 | €0 | - | - | - | - |
| Reserves13 | €1.9m | €1.9m | €2.5m | €2.2m | €2.9m | ▲ 32.2% |
| Non-distributable reserves130/1 | €651,653 | €664,571 | €1.2m | €2.2m | €2.9m | ▲ 32.2% |
| Legal reserve130 | €651,653 | €664,571 | €1.2m | €2.2m | €2.9m | ▲ 32.2% |
| Distributable reserves133 | €1.3m | €1.3m | €1.3m | - | - | - |
| Profit (loss) carried forward14 | -€8.9m | €245,446 | €441,589 | €1.4m | €7.0m | ▲ 396% |
| Provisions and deferred taxes16 | €10.6m | €14.8m | €27.3m | €30.6m | €22.6m | ▼ 26.3% |
| Provisions for liabilities and charges160/5 | €10.6m | €14.8m | €27.3m | €30.6m | €22.6m | ▼ 26.3% |
| Major repairs and maintenance162 | €5.1m | €5.8m | €6.7m | €7.4m | €8.0m | ▲ 8.0% |
| Environmental obligations163 | €5.6m | €9.0m | €20.6m | €23.2m | €14.6m | ▼ 37.2% |
| Deferred taxes168 | €9,324 | €0 | - | - | - | - |
| Amounts payable17/49 | €16.5m | €25.0m | €50.2m | €69.0m | €62.9m | ▼ 8.9% |
| Amounts payable within one year42/48 | €14.6m | €22.6m | €49.3m | €68.2m | €62.1m | ▼ 9.0% |
| Trade debts44 | €12.5m | €15.5m | €42.9m | €44.0m | €45.4m | ▲ 3.3% |
| Suppliers440/4 | €12.5m | €15.5m | €42.9m | €44.0m | €45.4m | ▲ 3.3% |
| Advances received on contracts in progress46 | - | €2,420 | €1.0m | €298,555 | €3.9m | ▲ 1,198% |
| Taxes, remuneration and social security45 | €2.0m | €2.5m | €4.2m | €4.2m | €4.6m | ▲ 10.3% |
| Taxes450/3 | €1.3m | €1.7m | €3.1m | €2.8m | €3.0m | ▲ 8.5% |
| Remuneration and social security454/9 | €710,694 | €806,796 | €1.0m | €1.4m | €1.6m | ▲ 13.8% |
| Other amounts payable47/48 | - | €4.6m | €1.2m | €19.7m | €8.2m | ▼ 58.6% |
| Accrued charges and deferred income492/3 | €1.9m | €2.4m | €881,040 | €803,387 | €776,627 | ▼ 3.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3.9m | €9.1m | €10.3m | €20.7m | €14.3m | ▼ 31.0% |
| + Depreciation and write-downs630 | €1.6m | €1.4m | €1.2m | €2.2m | €2.4m | ▲ 7.6% |
| Operating cash flow (approximation) | €5.4m | €10.5m | €11.5m | €23.0m | €16.7m | ▼ 27.3% |
| Investment in fixed assets (approximation) | - | -€195,493 | -€3.4m | -€1.4m | -€1.3m | ▲ 9.8% |
| Change in cash | - | €4.0m | €6.3m | -€12.3m | €6.3m | ▲ 151% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
20-07
State Gazette act
Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Veerle Catry3 facts ▸
- General meeting, 25-06-2026
- Auditor reappointment, BDO Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Veerle Catry (permanent representative)
About the unread acts
Of the 42 Belgian State Gazette acts we know for this company, 1 has been read. The other 41 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Statutory auditor 1
6 establishment units
6 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53009B1000/00E007 | Wallonia | 87.4 ha | 1 · 4.8 ha | - |
| 11816C0032/00B000 | Flanders | 25.2 ha | 1 · 8,992 m² | - |
| 44813A0164/00E000 | Flanders | 13.1 ha | 1 · 1,154 m² | 15.5 m · 2 fl. |
| 62809A0347/00R003 | Wallonia | 3.1 ha | 1 · 8,695 m² | 14.4 m · 4 fl. |
| 41029B0523/00S000 | Flanders | 2.3 ha | 1 · 1,845 m² | 14.0 m · 3 fl. |
| 11818E0180/02D000indicative | Flanders | 1.2 ha | 1 · 1,278 m² | 18.1 m · 6 fl. |
Linked by address, not proof of ownership
Mandate history
- Statutory auditor
| Name | Functions and periods |
|---|---|
| BDO Bedrijfsrevisoren bv |
|
Structure & network
Owners and holdings
2 owners · 4 holdingsChain of control
- Jan De Nul
- Envisan
Highest known parent: Jan De Nul. The sources do not say who stands above it.
Owners 2
- Jan De NulparentSourceaccounts Jan De Nul 202590%
-
10%
Holdings 4
-
100%
-
25%
-
16.5%
-
11.25%
According to the 2025 annual accounts of Envisan and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 688,174 EUR awarded · 277,890 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,704 EUR | 1,704 EUR |
| 2024 | 1 | 683,807 EUR | 273,523 EUR |
| 2023 | 1 | 2,663 EUR | 2,663 EUR |
European Union, budget
2024 · 1 entry · 347,034 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2024 | 1 | 347,034 EUR |
Recognitions · licences · registrations
Recognised contractor
6 categoriesLegal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.