FTO ENGINEERING CONSULT
ActiveSummary
FTO ENGINEERING CONSULT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97,166 and a net result of €16,753. Equity has been growing by about 27% per year since 2023. Its solvency ranks better than 74% of 11,760 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-09-2023 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 1 other
- Establishment unit
- 2.349.210.930 4730 Raeren, since 15-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €24,302
- ▼ 34.1%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €16,753
- ▼ 37.6%
- Equity
- €97,166
- ▲ 20.8%
- Total assets
- €128,105
- ▼ 19.0%
- 2025 accounts filed 4 days after the deadline
Score breakdownraises riskFounded in 2023lowers riskLiquidity: current ratio 3.88, cash €104,823Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €97,166 (75.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 87% of them on solvency, 83% on liquidity, 57% on profitability and 68% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 27 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.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 4 days after the deadline Filed on 4 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00378858.
Annual accounts 2025 filed on 04-08-2026 at the NBB all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is 37% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). 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).
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €15,009 | - | - |
| Depreciation and write-downs of the year | €855 | €3,002 | €3,002 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as FTO ENGINEERING CONSULT: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €90,900 and €136,000, founded between 2023 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| FTO ENGINEERING CONSULT Raeren | 2023 | €128,105 | €97,166 | €24,302 | - | €16,753 | 2025 |
| GLOBAL ELECTRIC Waremme | 2023 | €136,358 | -€47,605 | €22,586 | - | -€48,980 | 2025 |
| DELPHINE de BROGNIEZ Bassenge | 2024 | €109,243 | €72,120 | €22,528 | - | €14,393 | 2025 |
| Asbestattest Buro Lommel | 2023 | €135,916 | €110,925 | €29,933 | - | €20,031 | 2025 |
| BMJL Halle | 2023 | €115,590 | €5,349 | €19,906 | €42,384 | -€14 | 2025 |
| SIGIC Liège | 2023 | €101,624 | €43,520 | €27,097 | - | €6,463 | 2025 |
| RBnn Saint-Nicolas | 2023 | €90,917 | €64,081 | €27,706 | - | €15,772 | 2025 |
They were chosen from the 6,767 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 observationIn July 2024, 39,278 companies had the same profile as FTO ENGINEERING CONSULT 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
The bankruptcy probability of FTO ENGINEERING CONSULT itself is lower: < 0.1% within 12 months. It rests on far more data about FTO ENGINEERING CONSULT than the profile alone.
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.
| 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 FTO ENGINEERING CONSULT. 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €855 | €3,002 | €3,002 | = |
| Other operating charges640/8 | €106 | €106 | €106 | = |
| Gross operating margin9900 | €66,931 | €36,852 | €24,302 | ▼ 34.1% |
| Operating profit (loss)9901 | €65,969 | €33,744 | €21,194 | ▼ 37.2% |
| Financial income75/76B | €4 | - | - | - |
| Recurring financial income75 | €4 | - | - | - |
| Financial charges65/66B | €15 | €32 | €153 | ▲ 382% |
| Recurring financial charges65 | €15 | €32 | €153 | ▲ 382% |
| Profit (loss) for the period before taxes9903 | €65,958 | €33,713 | €21,041 | ▼ 37.6% |
| Income taxes67/77 | €13,214 | €6,854 | €4,288 | ▼ 37.4% |
| Profit (loss) for the period9904 | €52,744 | €26,859 | €16,753 | ▼ 37.6% |
| Profit (loss) for the period to be appropriated9905 | €52,744 | €26,859 | €16,753 | ▼ 37.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €128,045 | €158,092 | €128,105 | ▼ 19.0% |
| Fixed assets21/28 | €14,153 | €11,152 | €8,150 | ▼ 26.9% |
| Tangible fixed assets22/27 | €14,153 | €11,152 | €8,150 | ▼ 26.9% |
| Furniture and vehicles24 | €14,153 | €11,152 | €8,150 | ▼ 26.9% |
| Current assets29/58 | €113,892 | €146,941 | €119,955 | ▼ 18.4% |
| Amounts receivable within one year40/41 | €82,504 | €17,176 | €14,251 | ▼ 17.0% |
| Trade receivables40 | €82,504 | €17,176 | €14,251 | ▼ 17.0% |
| Cash at bank and in hand54/58 | €30,535 | €128,857 | €104,823 | ▼ 18.7% |
| Deferred charges and accrued income490/1 | €853 | €908 | €881 | ▼ 2.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €128,045 | €158,092 | €128,105 | ▼ 19.0% |
| Equity10/15 | €54,411 | €80,413 | €97,166 | ▲ 20.8% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €51,911 | €77,913 | €94,666 | ▲ 21.5% |
| Amounts payable17/49 | €73,634 | €77,679 | €30,939 | ▼ 60.2% |
| Amounts payable within one year42/48 | €73,634 | €77,679 | €30,939 | ▼ 60.2% |
| Trade debts44 | €13,563 | €3,834 | €1,434 | ▼ 62.6% |
| Suppliers440/4 | €13,563 | €3,834 | €1,434 | ▼ 62.6% |
| Advances received on contracts in progress46 | €6,000 | - | - | - |
| Taxes, remuneration and social security45 | €27,195 | €27,403 | €9,677 | ▼ 64.7% |
| Taxes450/3 | €27,195 | €27,403 | €9,677 | ▼ 64.7% |
| Other amounts payable47/48 | €26,876 | €46,442 | €19,828 | ▼ 57.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,744 | €26,859 | €16,753 | ▼ 37.6% |
| + Depreciation and write-downs630 | €855 | €3,002 | €3,002 | = |
| Operating cash flow (approximation) | €53,600 | €29,861 | €19,754 | ▼ 33.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €98,322 | -€24,034 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- TONNEAU François Loïc 250 shares (100%) · in cash
Capital transactions
- 07-09-2023 Incorporation · €2,500 · 250 shares
Network & group
FTO ENGINEERING CONSULT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of FTO ENGINEERING CONSULT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
07-09
Gazette deed
IncorporationStarting capital €2,500 · Appointment: TONNEAU François Loïc (director) · Registered office clause · Pre-incorporation commitments8 points ▸
- Other provision, “plan financier, responsabilité du fondateur en cas de faillite dans les 3 ans si fonds manifestement insuffisants” (deed in German)
- Other provision, “suffisance des fonds propres, fonds propres suffisants compte tenu activité projetée et autres sources” (deed in German)
- Registered office clause, “Raeren, Hauseter Strasse 121 A, seulement à dater du dépôt au greffe” (deed in German)
- Director appointment, TONNEAU François Loïc (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous engagements et droits conclus au nom de la société à constituer” (deed in German)
- Founder, TONNEAU François Loïc
- Incorporation, 01-09-2023
- Founding capital, €2,500
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
9 activities
- La consultance en ingénierie,notamment dans les domaines des énergies renouvelables et de la protection de l’environnement
- La gestion de projet
- La vente,la location,l’entretien,le placement d’installations électriques,notamment de panneaux photovoltaïques
- La construction générale de bâtiments résidentiels
- Travaux de menuiserie,pavage,maçonnerie,charpentes,électricité,plomberie
- Travaux d’aménagement et d’entretien de jardin et parcs
- Fabrication de boissons alcoolisées ou non
- La dispense d’enseignement et de formation,dans les domaines visés ci-avant ou non
- Acquisition et location d’immeuble
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0805.500.668
Financial year and general meeting
Accounts at the NBBSites & property
This address was not found in the Belgian address register (BOSA BEST).
Hauseter Strasse 1214730 Raeren