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IDE Engineering

Active
Private limited companyfounded 1988active for 37 yearsOostlaan 19, 8850 Ardooie, BelgiumKBO/BCE: BE 0436.330.744
Summary

IDE Engineering has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €776,426 and a net result of €132,739. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 69% of 44 sector peers (NACE 28, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

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IDE EngineeringActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28410Machining of metals NACE 25530
1 site
Size
≈ €940,000turnover 2026, estimated
Staff
2.6 FTE
Equity
€776,426
Profit
€132,739
Turnover estimated from the gross margin
Financial health
95 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
IDE - VAN GHELUWE · 99.9%
2026 accounts 38 days early3 deeds in the Belgian Official Gazette
Why 95raises riskSector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskFounded in 1988Size: 2.6 FTE, total assets €1.2mFigures for financial year 2026 (filed 23-09-2026)Show the evidence

Checked score

Score 2026
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 28, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Strong
Solvency 90=
equity 65.2% of total assets
Liquidity 55+2
short-term debt 19.7% · cash 9.2%
Profitability 83-1
return on assets 11.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (978 companies, NACE 28, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.03, compared with 2.68 in 2025, above the usual 1.5; short-term debt: 19.7% and cash: 9.2% of total assets), and 34.8% of the assets are financed with debt and provisions.
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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, micro): better than 68% on solvency, 54% on liquidity, 71% on profitability and 51% on growth.

The bankruptcy probability was computed on 29-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 2.6 FTE, total assets €1.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
lowers risk · Figures for financial year 2026 (filed 23-09-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-09-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
38 days early
2025
3 days early
2024
6 days early
2023
4 days early
2022
27 days early
2021
47 days early
2020
33 days 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 23 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 25 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · abbreviated…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Highest result from 2019 to 2026net €135,229 ▲48.1%

Financials · financial year 2026, abbreviated format

Turnover
≈ €940,000
Estimated: probably between €560,000 and €1.6m
Total assets
€1.2m▲ 4.7%
2025 · €1.1m
Net result
€132,739▼ 1.8%
2025 · €135,229
Working capital
€478,622▲ 1.0%
2025 · €473,651
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result falls in 2026; 2026 is 6% below 2025.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2026 Net result€0.1m 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 28, Manufacture of machinery and equipment not elsewhere classified: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€0.07m-€0.09m▲ 41.8%€0.04m▼ 58.9%€0.08m▲ 106%€0.08m▼ 2.0%€0.1m▲ 41.3%€0.2m▲ 43.9%€0.1m▼ 6.1%
Net result€0.06m-€0.08m▲ 27.1%€0.04mwithin the sector's middle half▼ 48.5%€0.06mwithin the sector's middle half▲ 53.0%€0.06mwithin the sector's middle half▼ 9.7%€0.09mwithin the sector's middle half▲ 60.3%€0.1mwithin the sector's middle half▲ 48.1%€0.1m▼ 1.8%
Equity€0.7m-€0.7m=€0.7mwithin the sector's middle half=€0.7mwithin the sector's middle half▲ 0.2%€0.7mwithin the sector's middle half=€0.7mwithin the sector's middle half▲ 0.3%€0.7mwithin the sector's middle half▲ 5.0%€0.8m▲ 4.4%
Total assets€1.6m-€1.5m▼ 2.5%€1.4mwithin the sector's middle half▼ 7.3%€1.3mwithin the sector's middle half▼ 7.1%€1.3mwithin the sector's middle half▼ 1.6%€1.1mwithin the sector's middle half▼ 13.6%€1.1mwithin the sector's middle half▲ 2.6%€1.2m▲ 4.7%
Debt€0.8m-€0.8m▼ 4.8%€0.7m▼ 10.6%€0.6m▼ 11.9%€0.6m▼ 3.5%€0.4m▼ 30.7%€0.4m▼ 1.5%€0.4m▲ 5.3%
Working capital€0.8m-€0.6m▼ 24.0%€0.5mwithin the sector's middle half▼ 10.4%€0.5mwithin the sector's middle half▼ 8.1%€0.5mwithin the sector's middle half▼ 7.7%€0.4mwithin the sector's middle half▼ 6.2%€0.5mwithin the sector's middle half▲ 8.5%€0.5m▲ 1.0%
Solvency45.4%-46.5%▲ 1.2pp50.2%within the sector's middle half▲ 3.7pp54.1%within the sector's middle half▲ 3.9pp55.0%within the sector's middle half▲ 0.9pp63.9%within the sector's middle half▲ 8.9pp65.3%within the sector's middle half▲ 1.5pp65.2%▼ 0.2pp
Current ratio4.96-2.84▼ 2.122.71within the sector's middle half▼ 0.132.62above the sector's middle half▼ 0.092.27within the sector's middle half▼ 0.352.70within the sector's middle half▲ 0.432.68within the sector's middle half▼ 0.023.03▲ 0.36
Return on assets (ROA)4.1%-5.3%▲ 1.2pp2.9%within the sector's middle half▼ 2.4pp4.8%within the sector's middle half▲ 1.9pp4.4%within the sector's middle half▼ 0.4pp8.2%within the sector's middle half▲ 3.8pp11.9%within the sector's middle half▲ 3.6pp11.1%▼ 0.7pp
Staff (FTE)2.2-2▼ 9.1%2.1below the sector's middle half▲ 5.0%1.8below the sector's middle half▼ 14.3%2within the sector's middle half▲ 11.1%2.3within the sector's middle half▲ 15.0%2.8within the sector's middle half▲ 21.7%2.6▼ 7.1%
above within below the middle half of NACE 28, Manufacture of machinery and equipment not elsewhere classified: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.2m
Fixed assets €477,827 ▲ 25.1%
Current assets €713,901 ▼ 5.6%
Equity and liabilities €1.2m
Equity €776,426 ▲ 4.4%
Debt €415,301 ▲ 5.3%
Debt's share of the balance-sheet total rises from 34.7% to 34.8%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€191,183▼
2025 · €191,527
Cash flow
€176,544▲
2025 · €169,842
Quick ratio
2.23▲
2025 · 2.16
Debt to equity
0.53▲
2025 · 0.53
ROE
17.1%▼
2025 · 18.2%
Interest coverage
25.85▲
2025 · 21.53
Debt ≤ 1 year
€235,279▼
2025 · €282,502
Debt > 1 year
€180,022▲
2025 · €111,805
Income taxes
€7,884▼
2025 · €13,102
Staff costs
€197,080▼
2025 · €206,582
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 31,368 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
Filed annual accounts As filed with the NBB · 2026 against 2025 · 57 lines
Balance sheet Code20252026
Assets
Total assets20/58€1.1m€1.2m▲
Fixed assets21/28€0.4m€0.5m▲
Tangible fixed assets22/27€0.4m€0.5m▲
Land and buildings22€0.4m€0.3m▼
Plant, machinery and equipment23€0.002m€0.1m▲
Furniture and vehicles24€0.002m€0.01m▲
Current assets29/58€0.8m€0.7m▼
Stocks and contracts in progress3€0.1m€0.2m▲
Stocks30/36€0.1m€0.1m▲
Contracts in progress37€0.05m€0.09m▲
Amounts receivable within one year40/41€0.3m€0.2m▼
Trade receivables40€0.3m€0.1m▼
Other amounts receivable41€0.05m€0.06m▲
Current investments50/53€0.01m€0.1m▲
Cash at bank and in hand54/58€0.1m€0.1m▼
Deferred charges and accrued income490/1€0.1m€0.1m▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲
Equity10/15€0.7m€0.8m▲
Contributions10/11€0.03m€0.03m=
Reserves13€0.7m€0.8m▲
Non-distributable reserves130/1€0.003m€0.003m=
Reserves not available under the articles1311€0.003m€0.003m=
Distributable reserves133€0.7m€0.7m▲
Profit (loss) carried forward14€0.001m€0.001m=
Amounts payable17/49€0.4m€0.4m▲
Amounts payable after more than one year17€0.1m€0.2m▲
Financial debts170/4€0.1m€0.2m▲
Amounts payable within one year42/48€0.3m€0.2m▼
Current portion of amounts payable after more than one year42€0.03m€0.05m▲
Trade debts44€0.07m€0.05m▼
Suppliers440/4€0.07m€0.05m▼
Taxes, remuneration and social security45€0.08m€0.03m▼
Taxes450/3€0.05m€0.005m▼
Remuneration and social security454/9€0.03m€0.02m▼
Other amounts payable47/48€0.1m€0.1m▲
Accrued charges and deferred income492/3€260€0▼
Income statement Code20252026
Remuneration, social security and pensions62€0.2m€0.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.04m▲
Other operating charges640/8€0.008m€0.009m▲
Gross operating margin9900€0.4m€0.4m▼
Operating profit (loss)9901€0.2m€0.1m▼
Financial income75/76B€313€0.001m▲
Recurring financial income75€313€0.001m▲
Financial charges65/66B€0.009m€0.007m▼
Recurring financial charges65€0.009m€0.007m▼
Profit (loss) for the period before taxes9903€0.1m€0.1m▼
Income taxes67/77€0.01m€0.008m▼
Profit (loss) for the period9904€0.1m€0.1m▼
Profit (loss) for the period to be appropriated9905€0.1m€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.1m▼
Profit (loss) brought forward from the previous period14P€0.001m€0.001m=
Transfer to equity691/2€0.04m€0.03m▼
To other reserves6921€0.04m€0.03m▼
Profit to be distributed694/7€0.1m€0.1m=
Return on contributions (dividend)694€0-
Directors or managers695€0.1m€0.1m=
Social balance sheet
Average headcount (FTE)90872.82.6▼

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252026Change
Remuneration, social security and pensions62---€116,227€122,329€155,787€206,582€197,080▼ 4.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58,496€58,911€48,983€44,797€41,405€38,384€34,613€43,805▲ 26.6%
Provisions for liabilities and charges: additions (uses and reversals)635/8----€20,000€0----
Other operating charges640/8---€7,611€9,226€8,324€8,476€8,707▲ 2.7%
Gross operating margin9900€261,603€278,352€184,231€227,422€250,138€311,576€406,584€396,970▼ 2.4%
Operating profit (loss)9901€65,639€93,056€38,274€78,787€77,179€109,081€156,915€147,378▼ 6.1%
Financial income75/76B---€7,518€4,507€8,422€313€639▲ 104%
Recurring financial income75€16,506€12,696€27,672€7,518€4,507€8,422€313€639▲ 104%
Financial charges65/66B---€13,235€14,742€16,075€8,897€7,394▼ 16.9%
Recurring financial charges65€17,049€16,997€14,968€13,235€14,742€16,075€8,897€7,394▼ 16.9%
Profit (loss) for the period before taxes9903€65,096€88,754€50,979€73,070€66,943€101,427€148,331€140,623▼ 5.2%
Income taxes67/77€2,064€8,639€9,748€9,983€9,964€10,104€13,102€7,884▼ 39.8%
Profit (loss) for the period9904€63,031€80,115€41,230€63,087€56,980€91,324€135,229€132,739▼ 1.8%
Profit (loss) for the period to be appropriated9905€63,031€80,115€41,230€63,087€56,980€91,324€135,229€132,739▼ 1.8%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€1.6m€1.5m€1.4m€1.3m€1.3m€1.1m€1.1m€1.2m▲ 4.7%
Fixed assets21/28€0.5m€0.6m€0.5m€0.5m€0.5m€0.4m€0.4m€0.5m▲ 25.1%
Tangible fixed assets22/27€0.5m€0.6m€0.5m€0.5m€0.5m€0.4m€0.4m€0.5m▲ 25.1%
Land and buildings22---€0.5m€0.4m€0.4m€0.4m€0.3m▼ 8.3%
Plant, machinery and equipment23----€0.003m€0.002m€0.002m€0.1m▲ 71×
Furniture and vehicles24---€0.003m€0.002m€0.001m€0.002m€0.01m▲ 565%
Current assets29/58€1.0m€0.9m€0.9m€0.8m€0.8m€0.7m€0.8m€0.7m▼ 5.6%
Amounts receivable after more than one year29---€0.1m€0.05m€0---
Trade receivables290---€0.1m€0.05m€0---
Other amounts receivable291---€0-----
Stocks and contracts in progress3€0.06m€0.06m€0.06m€0.1m€0.2m€0.1m€0.1m€0.2m▲ 30.0%
Stocks30/36---€0.07m€0.1m€0.1m€0.1m€0.1m▲ 0.2%
Contracts in progress37---€0.07m€0.08m€0.03m€0.05m€0.09m▲ 95.0%
Amounts receivable within one year40/41€0.2m€0.2m€0.3m€0.2m€0.3m€0.3m€0.3m€0.2m▼ 44.5%
Trade receivables40---€0.2m€0.2m€0.2m€0.3m€0.1m▼ 56.1%
Other amounts receivable41---€0.06m€0.05m€0.06m€0.05m€0.06m▲ 26.9%
Current investments50/53€0.1m€0.1m€0.08m€0.06m€0.06m€0.01m€0.01m€0.1m▲ 784%
Cash at bank and in hand54/58€0.2m€0.09m€0.06m€0.07m€0.06m€0.08m€0.1m€0.1m▼ 2.1%
Deferred charges and accrued income490/1---€0.2m€0.2m€0.2m€0.1m€0.1m▼ 34.1%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.5m€1.4m€1.3m€1.3m€1.1m€1.1m€1.2m▲ 4.7%
Equity10/15€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.8m▲ 4.4%
Contributions10/11€0.03m€0.03m-€0.03m€0.03m€0.03m€0.03m€0.03m=
Reserves13€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.8m▲ 4.6%
Non-distributable reserves130/1---€0.1m€0.05m€0.003m€0.003m€0.003m=
Reserves not available under the articles1311---€0.1m€0.05m€0.003m€0.003m€0.003m=
Distributable reserves133---€0.6m€0.6m€0.7m€0.7m€0.7m▲ 4.6%
Profit (loss) carried forward14€183€298€438€496€476€0.001m€0.001m€0.001m=
Provisions and deferred taxes16€0.05m€0.05m€0.02m€0-----
Provisions for liabilities and charges160/5---€0-----
Major repairs and maintenance162---€0-----
Amounts payable17/49€0.8m€0.8m€0.7m€0.6m€0.6m€0.4m€0.4m€0.4m▲ 5.3%
Amounts payable after more than one year17€0.6m€0.4m€0.4m€0.3m€0.2m€0.1m€0.1m€0.2m▲ 61.0%
Financial debts170/4---€0.3m€0.2m€0.1m€0.1m€0.2m▲ 61.0%
Amounts payable within one year42/48€0.2m€0.3m€0.3m€0.3m€0.4m€0.3m€0.3m€0.2m▼ 16.7%
Current portion of amounts payable after more than one year42---€0.07m€0.08m€0.07m€0.03m€0.05m▲ 54.1%
Financial debts43---€0.1m€0.1m€0---
Credit institutions430/8---€0.1m€0.1m€0---
Trade debts44€0.05m€0.03m€0.08m€0.03m€0.07m€0.05m€0.07m€0.05m▼ 21.1%
Suppliers440/4---€0.03m€0.07m€0.05m€0.07m€0.05m▼ 21.1%
Taxes, remuneration and social security45---€0.04m€0.06m€0.05m€0.08m€0.03m▼ 63.0%
Taxes450/3---€0.03m€0.03m€0.03m€0.05m€0.005m▼ 90.3%
Remuneration and social security454/9---€0.01m€0.02m€0.02m€0.03m€0.02m▼ 5.4%
Other amounts payable47/48---€0.07m€0.06m€0.09m€0.1m€0.1m▲ 0.4%
Accrued charges and deferred income492/3------€260€0▼ 100%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€63,031€80,115€41,230€63,087€56,980€91,324€135,229€132,739▼ 1.8%
+ Depreciation and write-downs630€58,496€58,911€48,983€44,797€41,405€38,384€34,613€43,805▲ 26.6%
Operating cash flow (approximation)€121,527€139,026€90,213€107,884€98,385€129,708€169,842€176,544▲ 3.9%
Investment in fixed assets (approximation)--€84,259-€15,041€0-€3,750-€1,560-€1,569-€139,530▼ 8,791%
Change in cash--€69,944-€29,217€17,390-€9,880€19,006€28,574-€2,321-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 37 filings with the National Bank
Financial year Type Filed Reference
31-03-2026 abbreviated format 23-09-2026 2026-00520364
31-03-2025 abbreviated format 28-10-2025 2025-00550980
31-03-2024 abbreviated format 25-10-2024 2024-00516677
31-03-2023 abbreviated format 27-10-2023 2023-00500305
31-03-2022 abbreviated format 04-10-2022 2022-20451674
31-03-2021 abbreviated format 14-09-2021 2021-67100500
31-03-2020 abbreviated format 28-09-2020 2020-56400187
31-03-2019 abbreviated format 09-09-2019 2019-63700384
31-03-2018 abbreviated format 27-08-2018 2018-51100248
31-03-2017 abbreviated format 20-09-2017 2017-62000175

Show all 37 filings

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Of the 131 active companies whose main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28410), figures are known for 105. 87 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

1 owner

Chain of control

  1. IDE - VAN GHELUWE 99.9%
  2. IDE Engineering

Highest known parent: IDE - VAN GHELUWE. The sources do not say who stands above it.

Owners 1

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 29 December 1988, IDE Engineering was incorporated.1 Total assets went from €1.6m in 2019 to €1.2m in 2026 and headcount from 2.2 to 2.6 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2026

Acts, filings and financial milestones

Next filing, financial year 2027, expected by 31-10-2027
2026
23-09
NBB filing Annual accounts filed
financial year 2026 · abbreviated format
2025
28-10
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
31-03
Financial Highest result from 2019 to 2026net €135,229 ▲48.1%
Operating result €156,915, net result €135,229, both a record.
2024
25-10
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2023
27-10
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2022
04-10
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2021
14-09
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
31-03
Financial Weakest financial yearnet €41,230 ▼48.5%
Net result drops to €41,230, the lowest in the series; recovery starts the following year.
2020
28-09
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2019
09-09
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2018
27-08
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2017
20-09
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 37 annual accounts filed, the latest 10 are here; all 37 are under Financials.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded29-12-1988
Financial year end31-03
Activities, NACEBEL 2025
25530Machining of metals
28410Manufacture of machinery and equipment not elsewhere classified
46620Wholesale of machine tools
47761Retail sale of flowers, plants, seeds and fertilisers
E-invoicing
Reachable via Peppol
Peppol ID 0208:0436330744
Also 9925:BE0436330744
Registered 07-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ardooie · 1 establishment unit since 1989
registered office establishment The establishment unit on the map
Ground area
4,509 m²
Building footprint
1,082 m²
Building volume
6,068 m³
Parcel 36001D0119/00K000, Flanders · tallest building 6.0 m. Linked by address, not a title deed.
1 establishment unit
MUYLLE ENGINEERING BVBA
Oostlaan 19, 8850 ArdooieManufacture of metal structures and parts of structures
since 1989unit no. 2.042.438.136
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
36001D0119/00K000 Flanders 4,509 m² 1 · 1,082 m² 6.0 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

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