Financials
- Financial year
- 2025
- Total assets
- €113,594
- Profit
- €34,574
- Solvency
- 32.2%
GOVAERTS ENGINEERING GROUP
ActiveSummary
GOVAERTS ENGINEERING GROUP has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,574 and a net result of €34,574. Its solvency ranks better than 31% of 11,651 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
1 site
Size
€113,594total assets 2025
- Equity
- €36,574
- Profit
- €34,574
Turnover not published (micro format)
Structure
Accounts filed 67 days late1 of 2 deeds read
Why 77raises riskLatest accounts 67 days late; 1 of the last 3 late1 change of registered office in 24 monthslowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 0.89, cash €53,586Show the evidence
Checked score
Score 2025
77
/ 100
Excellent
Probability in this band: under 0.55%
No sector peers to compare with
Financial strength
Strong
Solvency
57
equity 32.2% of total assets
Liquidity
64
short-term debt 67.8% · cash 47.2%
Profitability
100
return on assets 30.4%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 0.9%
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 1.0%● unchanged vs 07-2026
09-2026: 1.1%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.5%▼ -0.6 percentage points vs 09-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.89; short-term debt: 67.8% and cash: 47.2% of total assets), and 67.8% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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% |
Within the band only the bankruptcy probability counts: there are no sector peers to compare with.
The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−lowers risk+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-10-2026, 67 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
67 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move
Key points
By topic
Timeline
- Events
- 2
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Founded
- 27-03-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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