GENERAL ENGINEERING SUPPORT
ActiveSummary
GENERAL ENGINEERING SUPPORT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238,600 and a net result of €15,300. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-8
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 7.61 against 14.34 in 2024; short-term debt: 12.2% and cash: 32.9% of total assets), and 12.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.1%
Return on assets
5.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
19 d early
2022
1 d early
2021
3 d early
2020
16 d early
2019
18 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 9 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€238,600▼ 7.1%
2024 · €256,882
Total assets
€273,870▼ 0.1%
2024 · €274,209
Net result
€15,300▼ 53.8%
2024 · €33,142
Working capital
€221,757▼ 4.1%
2024 · €231,190
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€42,634▼ 17.4%€34,743▼ 18.5%€56,930▲ 63.9%€45,219▼ 20.6%€22,408▼ 50.4%
Net result€37,513within the sector's middle half▼ 11.2%€26,442within the sector's middle half▼ 29.5%€42,235within the sector's middle half▲ 59.7%€33,142within the sector's middle half▼ 21.5%€15,300within the sector's middle half▼ 53.8%
Equity€301,367above the sector's middle half▼ 0.1%€230,250within the sector's middle half▼ 23.6%€251,956above the sector's middle half▲ 9.4%€256,882above the sector's middle half▲ 2.0%€238,600above the sector's middle half▼ 7.1%
Total assets€306,085within the sector's middle half▼ 2.4%€283,735within the sector's middle half▼ 7.3%€294,778within the sector's middle half▲ 3.9%€274,209within the sector's middle half▼ 7.0%€273,870within the sector's middle half▼ 0.1%
Debt€4,718▼ 60.0%€53,484▲ 1,034%€42,823▼ 19.9%€17,327▼ 59.5%€35,270▲ 104%
Working capital€266,534▲ 1.8%€200,989▼ 24.6%€221,848▲ 10.4%€231,190▲ 4.2%€221,757▼ 4.1%
Solvency98.5%above the sector's middle half▲ 2.2pp81.1%above the sector's middle half▼ 17.3pp85.5%above the sector's middle half▲ 4.3pp93.7%above the sector's middle half▲ 8.2pp87.1%above the sector's middle half▼ 6.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 50% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €273,870
Fixed assets
€18,568 ▼ 27.7%
Current assets
€255,302 ▲ 2.7%
Equity and liabilities €273,870
Equity
€238,600 ▼ 7.1%
Debt
€35,270 ▲ 104%
Debt's share of the balance-sheet total rises from 6.3% to 12.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€29,532▼
2024 · €52,734
Cash flow
€22,424▼
2024 · €40,657
Current ratio
7.61▼
2024 · 14.34
Debt to equity
0.15▲
2024 · 0.07
ROE
6.4%▼
2024 · 12.9%
ROA
5.6%▼
2024 · 12.1%
Interest coverage
8.21▼
2024 · 24.02
Debt ≤ 1 year
€33,545▲
2024 · €17,327
Income taxes
€7,650▼
2024 · €14,076
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 31,324 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,841 | €5,571 | €6,875 | €7,515 | €7,124 | ▼ 5.2% |
| Other operating charges640/8 | - | €2,575 | €2,395 | €2,613 | €2,539 | ▼ 2.8% |
| Gross operating margin9900 | €50,475 | €42,889 | €66,199 | €55,348 | €32,071 | ▼ 42.1% |
| Operating profit (loss)9901 | €42,634 | €34,743 | €56,930 | €45,219 | €22,408 | ▼ 50.4% |
| Financial income75/76B | - | €5,341 | €4,728 | €4,195 | €4,139 | ▼ 1.3% |
| Recurring financial income75 | €12,571 | €5,341 | €4,728 | €4,195 | €4,139 | ▼ 1.3% |
| Financial charges65/66B | - | €2,180 | €2,162 | €2,195 | €3,597 | ▲ 63.9% |
| Recurring financial charges65 | €1,845 | €2,180 | €2,162 | €2,195 | €3,597 | ▲ 63.9% |
| Profit (loss) for the period before taxes9903 | €53,360 | €37,903 | €59,495 | €47,218 | €22,950 | ▼ 51.4% |
| Income taxes67/77 | €15,847 | €11,461 | €17,260 | €14,076 | €7,650 | ▼ 45.7% |
| Profit (loss) for the period9904 | €37,513 | €26,442 | €42,235 | €33,142 | €15,300 | ▼ 53.8% |
| Profit (loss) for the period to be appropriated9905 | €37,513 | €26,442 | €42,235 | €33,142 | €15,300 | ▼ 53.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €306,085 | €283,735 | €294,778 | €274,209 | €273,870 | ▼ 0.1% |
| Fixed assets21/28 | €34,833 | €29,262 | €30,107 | €25,692 | €18,568 | ▼ 27.7% |
| Tangible fixed assets22/27 | €34,583 | €29,012 | €29,857 | €25,442 | €18,318 | ▼ 28.0% |
| Land and buildings22 | - | €28,519 | €23,524 | €19,873 | €15,243 | ▼ 23.3% |
| Furniture and vehicles24 | - | €492 | €6,334 | €5,570 | €3,075 | ▼ 44.8% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €271,252 | €254,473 | €264,671 | €248,517 | €255,302 | ▲ 2.7% |
| Amounts receivable after more than one year29 | - | €180,000 | €160,000 | €140,000 | €140,000 | = |
| Trade receivables290 | - | €180,000 | €160,000 | €140,000 | €140,000 | = |
| Amounts receivable within one year40/41 | €130,533 | €38,244 | €24,867 | €18,699 | €22,200 | ▲ 18.7% |
| Trade receivables40 | - | €29,706 | €24,867 | €18,699 | €19,843 | ▲ 6.1% |
| Other amounts receivable41 | - | €8,539 | - | - | €2,357 | - |
| Cash at bank and in hand54/58 | €28,169 | €34,636 | €78,153 | €88,139 | €90,169 | ▲ 2.3% |
| Deferred charges and accrued income490/1 | - | €1,592 | €1,651 | €1,678 | €2,933 | ▲ 74.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €306,085 | €283,735 | €294,778 | €274,209 | €273,870 | ▼ 0.1% |
| Equity10/15 | €301,367 | €230,250 | €251,956 | €256,882 | €238,600 | ▼ 7.1% |
| Contributions10/11 | - | €12,400 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €288,967 | €217,850 | €233,356 | €238,282 | €220,000 | ▼ 7.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €215,990 | €231,496 | €236,422 | €218,140 | ▼ 7.7% |
| Amounts payable17/49 | €4,718 | €53,484 | €42,823 | €17,327 | €35,270 | ▲ 104% |
| Amounts payable within one year42/48 | €4,718 | €53,484 | €42,823 | €17,327 | €33,545 | ▲ 93.6% |
| Trade debts44 | €3,382 | €1,166 | €3,680 | €2,309 | €4,230 | ▲ 83.2% |
| Suppliers440/4 | - | €1,166 | €3,680 | €2,309 | €4,230 | ▲ 83.2% |
| Taxes, remuneration and social security45 | - | €4,629 | €11,816 | €9,342 | €7,127 | ▼ 23.7% |
| Taxes450/3 | - | €4,629 | €11,816 | €9,342 | €7,127 | ▼ 23.7% |
| Other amounts payable47/48 | - | €47,689 | €27,327 | €5,676 | €22,188 | ▲ 291% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,725 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,513 | €26,442 | €42,235 | €33,142 | €15,300 | ▼ 53.8% |
| + Depreciation and write-downs630 | €5,841 | €5,571 | €6,875 | €7,515 | €7,124 | ▼ 5.2% |
| Operating cash flow (approximation) | €43,355 | €32,013 | €49,109 | €40,657 | €22,424 | ▼ 44.8% |
| Investment in fixed assets (approximation) | - | €0 | -€7,720 | -€3,100 | €0 | ▲ 100% |
| Change in cash | - | €6,468 | €43,516 | €9,986 | €2,030 | ▼ 79.7% |
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
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €15,300 ▼53.8%
Net result drops to €15,300, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity doublescurrent ratio 14.34
Current ratio from 6.18 to 14.34; short-term debt falls from €42,823 to €17,327.
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity doublescurrent ratio 57.49
Current ratio from 23.23 to 57.49; short-term debt falls from €11,783 to €4,718.
15-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €42,245 ▲25.8%
Net result €42,245, the highest in the series.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Niel · 1 establishment unit since 2003
Ground area
406 m²
Building footprint
115 m²
Volume, LiDAR
661 m³
Parcel 11030B0337/00E004, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GENERAL ENGINEERING SUPPORT
since 20032.132.725.835
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030B0337/00E004 | Flanders | 406 m² | 1 · 115 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9676009C6HU0EK521810
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V - DEL
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 39,112 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-07-2003
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0859643395
Also
9925:BE0859643395
Registered
13-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.