GENERAL ENGINEERING SUPPORT
ActiveSummary
GENERAL ENGINEERING SUPPORT has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238,600 and a net result of €15,300. Equity has been shrinking by about 1.4% per year since 2019. Its solvency ranks better than 86% of 39,293 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-07-2003 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Establishment unit
- 2.132.725.835 2845 Niel, since 15-07-2003
- Financial year end
- 30 June
- Peppol
- Reachable since 13-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €32,071
- ▼ 42.1%
- Turnover
- ≈ €93,000
- estimated
- Profit
- €15,300
- ▼ 53.8%
- Equity
- €238,600
- ▼ 7.1%
- Total assets
- €273,870
- ▼ 0.1%
Score breakdownlowers riskLiquidity: current ratio 7.61, cash €90,169Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €238,600 (87.1% of total assets)Founded in 2003Show 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 70, micro). It does better than 86% of them on solvency, 83% on liquidity, 41% on profitability and 30% on growth.
The bankruptcy probability was computed on 04-11-2026 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 30-06-2025.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-01-2026 PDF all 22 filings
Every figure per financial year
The operating result for 2025 is 50% lower than in 2024 and the lowest since 2019. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €7,720 | €3,100 | - |
| Depreciation and write-downs of the year | €5,571 | €6,875 | €7,515 | €7,124 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,364 | €6,448 | €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 | €49,989 | €59,481 | €50,475 | €42,889 | €66,199 | €55,348 | €32,071 | ▼ 42.1% |
| Operating profit (loss)9901 | €41,943 | €51,631 | €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 | €6,995 | €9,589 | €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 | €1,260 | €1,739 | €1,845 | €2,180 | €2,162 | €2,195 | €3,597 | ▲ 63.9% |
| Profit (loss) for the period before taxes9903 | €47,678 | €59,481 | €53,360 | €37,903 | €59,495 | €47,218 | €22,950 | ▼ 51.4% |
| Income taxes67/77 | €14,095 | €17,236 | €15,847 | €11,461 | €17,260 | €14,076 | €7,650 | ▼ 45.7% |
| Profit (loss) for the period9904 | €33,582 | €42,245 | €37,513 | €26,442 | €42,235 | €33,142 | €15,300 | ▼ 53.8% |
| Profit (loss) for the period to be appropriated9905 | €33,582 | €42,245 | €37,513 | €26,442 | €42,235 | €33,142 | €15,300 | ▼ 53.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €268,210 | €313,576 | €306,085 | €283,735 | €294,778 | €274,209 | €273,870 | ▼ 0.1% |
| Fixed assets21/28 | €42,020 | €39,875 | €34,833 | €29,262 | €30,107 | €25,692 | €18,568 | ▼ 27.7% |
| Tangible fixed assets22/27 | €41,770 | €39,625 | €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 | €250 | €250 | = |
| Current assets29/58 | €226,191 | €273,701 | €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 | €63,896 | €114,402 | €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 | €15,563 | €32,546 | €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 | €268,210 | €313,576 | €306,085 | €283,735 | €294,778 | €274,209 | €273,870 | ▼ 0.1% |
| Equity10/15 | €259,548 | €301,793 | €301,367 | €230,250 | €251,956 | €256,882 | €238,600 | ▼ 7.1% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €247,148 | €289,393 | €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 | €8,662 | €11,783 | €4,718 | €53,484 | €42,823 | €17,327 | €35,270 | ▲ 104% |
| Amounts payable within one year42/48 | €8,407 | €11,783 | €4,718 | €53,484 | €42,823 | €17,327 | €33,545 | ▲ 93.6% |
| Trade debts44 | €1,621 | €1,076 | €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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,582 | €42,245 | €37,513 | €26,442 | €42,235 | €33,142 | €15,300 | ▼ 53.8% |
| + Depreciation and write-downs630 | €6,364 | €6,448 | €5,841 | €5,571 | €6,875 | €7,515 | €7,124 | ▼ 5.2% |
| Operating cash flow (approximation) | €39,947 | €48,693 | €43,355 | €32,013 | €49,109 | €40,657 | €22,424 | ▼ 44.8% |
| Investment in fixed assets (approximation) | - | -€4,303 | -€799 | €0 | -€7,720 | -€3,100 | €0 | - |
| Change in cash | - | €16,984 | -€4,378 | €6,468 | €43,516 | €9,986 | €2,030 | ▼ 79.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as GENERAL ENGINEERING SUPPORT has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GENERAL ENGINEERING SUPPORT itself: < 0.1% within 12 months.
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 31,368 companies, not a prediction for GENERAL ENGINEERING SUPPORT. 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.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 29-01-2026 | 2026-00017642 | |
| 30-06-2024 | micro format | 30-01-2025 | 2025-00020462 | |
| 30-06-2023 | micro format | 12-01-2024 | 2024-00001785 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00015491 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-03200449 | |
| 30-06-2020 | micro format | 15-01-2021 | 2021-01000215 | |
| 30-06-2019 | micro format | 13-01-2020 | 2020-00800583 | |
| 30-06-2018 | micro format | 22-01-2019 | 2019-01900132 | |
| 30-06-2017 | micro format | 12-01-2018 | 2018-01100182 | |
| 30-06-2016 | abbreviated format | 15-12-2016 | 2016-70000597 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 26-03-2025 Converted to unavailable equity
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Guy SELS |
|
Network & group
GENERAL ENGINEERING SUPPORT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of GENERAL ENGINEERING SUPPORT. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
26-03
Gazette deed
Change of role: Guy SELS, from manager to director“Verlenen van advies over soorten computers(hardware)en hun configuratie en toepassing van bijbehorende…” (deed in Dutch) · Director discharge: Guy SELS (manager)6 points ▸
- General meeting, 24-03-2025
- Registered office clause, Hubert Coeckstraat 17, 2845 Niel
- Director resignation, Guy SELS (manager (not named in the articles))
- Director appointment, Guy SELS (director (not named in the articles))
- Director discharge, Guy SELS (manager)
- Power of attorney, Rembert VAN BAEL
- The deed holds 4 more points.
Show earlier events
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
Codes under NACEBEL 2003
21 activities
- Verlenen van advies over soorten computers(hardware)en hun configuratie en toepassing van bijbehorende programmatuur(software):analyseren van behoeften en problemen van de gebruiker en het aanbieden van de beste oplossing;
- Het analyseren,ontwerpen,programmeren en eventueel uitgeven van gebruiksklare systemen,inclusief systemen van automatische data identificatie:ontwikkeling,productie,levering/samenstelling van documentatie over standaard- of speciale programmatuur;
- Het verlenen van advies met betrekking tot informaticaprogramma's.Het verlenen van bijstand bij de toepassing van programma's.
- Het al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant:invoeren en volledige verwerking;het permanent beheren van en werken met de gegevensverwerkende apparatuur van derden;
- Het samenstellen van databanken door samenbrengen en al dan niet interpreteren van bestaande gegevens uit verschillende bronnen;
- De opslag van gegevens door middel van een computerrecord in een bepaald formaat;
- Ter beschikking stellen van databank door het leveren van goederen in een bepaalde volgorde online of door gegevens op verzoek gesorteerd,toegankelijk te maken voor iedereen of voor bepaalde groep gebruikers door middel van betaling,enzovoort.
- Alle overige activiteiten in verband met computers en computer validatie;het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie,het verschaffen van informatie aan de bedrijfsleiding,enzovoort.
- De uitwerking en realisatie van projecten op het gebied van elektriciteit en elektronica,mijnbouw,chemie,farmacie,machine- en werktuigbouw,industriële systeemontwikkeling,veiligheid,enzovoort.
- De industriële vormgeving;
- De uitwerking van projecten op het gebied van klimaatbeheersing,koeltechniek,zuivering en voorkomen van pollutie,akoestiek,enzovoort.
- De uitwerking van projecten op het gebied van de burgerlijke en utiliteitsbouw,de wegen waterbouw en het verkeer.
- Zij mag haar doel overal verwezenlijken voor eigen rekening of voor rekening van derden,op allerhande manieren en volgens de wijzen die haar het best geschikt lijken,inbegrepen de vertegenwoordiging,de commissiehandel,de invoer en uitvoer.Zij mag onder meer het geheel of een gedeelte van haar uitbatingen en inrichtingen in huur geven of deze aan derden in beheer geven.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten.
- Het voor eigen rekening aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de huur en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,Aandelen,obligaties,staatsfondsen.
- Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of op te richten,Belgische of buitenlandse,industriële,commerciële,financiële,landbouw- of immobiliënvennootschappen of-ondernemingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- Zij mag alle handels-,nijverheids-,financiële-,burgerlijke-,roerende of onroerende verrichtingen uitvoeren,zo in België als in het buitenland die rechtstreeks of onrechtstreeks in verband staan met haar doel,zelfs gedeeltelijk,of die van aard zijn om de verwezenlijking van dit doel te vergemakkelijken of te bevorderen.
- Zij mag alle brevetten,licenties en handelsmerken in verband met haar doel aankopen,uitbaten of afstaan.
- De vennootschap mag ook belangen nemen bij middel van inbreng,fusie,opslorping,inschrijving op aandelen,deelneming of op gelijk welke andere wijze in alle ondernemingen,verenigingen of vennootschappen,Belgische of buitenlandse,die eenzelfde,een gelijkaardig of aanverwant doel hebben of die zelfs onrechtstreeks de verwezenlijking van het doel kunnen bevorderen.
- Zij mag aldus alle overeenkomsten afsluiten strekkende tot de rationalisering,samenwerking of associatie of andere,met dergelijke ondernemingen,verenigingen of vennootschappen.
- Zij mag zich voor deze ondernemingen,verenigingen of vennootschappen borg stellen of aval verlenen,voorschotten en krediet toestaan of andere waarborgen verstrekken.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11030B0337/00E004 | Flanders | 406 m² | 1 · 115 m² | 8.6 m · 2 |