Envisan

Active

Public limited companyfounded 199234 yrs activeTragel 60, 9308 Aalst, BelgiumKBO/BCE: BE 0448.294.111

Summary

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 44% of 340 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch Report Compare

EnvisanActiveChecked score 66/100

Risk analysis Report Compare

What they do

Civil engineering

NACE 42919Remediation activities and other waste management service activities NACE 39000NACE 45242

#2 company by staff growth in Aalst, Construction sector6 sites

How big

€108.5mturnover 2025

Staff: 103 FTE
Equity: €49.9m
Profit: €14.3m

Financially healthy?

66 Healthy Checked score 2025

Bankruptcy chance 12 m: 0.6%

Who decides

Parent: Jan De Nul · 90%
Holdings: 4

Auditor: BDO Bedrijfsrevisoren bvAccounts 24 d early1 of 42 deeds read

Why 66- Multiple establishment units- Higher-failure-rate sector+ Annual accounts: healthy financial profile+ Long track record+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2025

66 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability80▼-8

Solvency62▲+7

Growth71▼-6

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2,000,000 at 30 days acceptable

Liquidity ample (current ratio 1.95 against 1.87 in 2024; short-term debt: 45.9% and cash: 6.7% of total assets), but 63.1% of the assets are financed with debt.

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

36.9%

Return on assets

10.6%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 42

Relative position

BE, all sectors

reference

Civil engineering (NACE 42)

about 27% more bankruptcies

← fewer bankruptcies more bankruptcies →

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

24 d early

2024

20 d early

2023

2 d early

2022

27 d early

2021

20 d early

2020

23 d early

2019

25 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

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)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

20-07-26 Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Veerle Catry
07-07-26 Annual accounts filedfiscal year 2025 · full…
11-07-25 Annual accounts filedfiscal year 2024 · full…

Key points

Positive: Among the best 5% on net resultsector median €221,520 · 340 companies €14.3m View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €14.3m 8 years View
Controlled by Jan De Nulitself parent of 1 companies 90% View
Caution: Result fell in 2025from €20.7m to €14.3m ▼ 31.0% View
Flemish supportawarded 2023 - 2025 €688,174 View