J. Engelen

Active

Private limited companyfounded 20214 yrs activeVooreel 49, 2380 Ravels, BelgiumKBO/BCE: BE 0775.316.743

The computed 12-month bankruptcy probability of J. Engelen is 3.7% (moderate). The 2025 annual accounts show equity of €8k and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 13306 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

44 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability98▲+26

Solvency35▼-28

Growth58▲+6

Track record94

Bankruptcy probability, 12 months

3.7% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.66 against 0.98 in 2024; short-term debt: 88.3% and cash: 12.4% of total assets), and 90.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

9.8%

Return on assets

23.6%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

15 d early

2024

2 d early

2023

1 d early

2022

on the day

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

23-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€8k▼ 73.9%

2024 · €29k

2022: €9k 2023: €27k 2024: €29k

2022 → 2025

Total assets

€78k▲ 1.6%

2024 · €77k

2022: €91k 2023: €84k 2024: €77k

2022 → 2025

Net result

€18k▲ 864%

2024 · €2k

2022: €4k 2023: €18k 2024: €2k

2022 → 2025

Working capital

€-23k▼ 3,368%

2024 · €-670

2022: €-29k 2023: €-8k 2024: €-670

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€9k-€27k▲ 191%€29k▲ 7.0%€8k▼ 73.9%

Operating result€7k-€22k▲ 227%€3k▼ 85.2%€25k▲ 681%

Net result€4k-€18k▲ 307%€2k▼ 89.4%€18k▲ 864%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 681% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €78k

41.5%

58.5%

Fixed assets €32k▼ 5.0%

Current assets €46k▲ 6.9%

Equity and liabilities €78k

10%

90.2%

Equity €8k▼ 73.9%

Debt €70k▲ 48.1%

The debt ratio rises from 61.9% to 90.2%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€35k▲

2024 · €15k

Cash flow

€29k▲

2024 · €14k

Solvency

9.8%▼

2024 · 38.1%

Current ratio

0.66▼

2024 · 0.98

Quick ratio

0.30▼

2024 · 0.72

Debt / equity

9.20▲

2024 · 1.62

ROE

240.2%▲

2024 · 6.5%

ROA

23.6%▲

2024 · 2.5%

Interest coverage

17.41▼

2024 · 23.97

Debt

€70k▲

2024 · €48k

Debt ≤ 1 year

€69k▲

2024 · €43k

Debt > 1 year

€2k▼

2024 · €4k

Income taxes

€5k▲

2024 · €699

Staff costs

€7k▼

2024 · €15k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€77k€78k▲

Fixed assets21/28€34k€32k▼

Intangible fixed assets21€17k€15k▼

Tangible fixed assets22/27€10k€11k▲

Plant, machinery and equipment23€3k€4k▲

Furniture and vehicles24€2k€4k▲

Leasing and similar rights25€6k€3k▼

Financial fixed assets28€7k€7k=

Current assets29/58€43k€46k▲

Stocks and contracts in progress3€12k€25k▲

Stocks30/36€12k€25k▲

Amounts receivable within one year40/41€11k€10k▼

Trade receivables40€6k€6k▼

Other amounts receivable41€6k€4k▼

Cash at bank and in hand54/58€19k€10k▼

Deferred charges and accrued income490/1€206€1k▲

Equity and liabilities

Total equity and liabilities10/49€77k€78k▲

Equity10/15€29k€8k▼

Contributions10/11€5k€5k=

Profit (loss) carried forward14€24k€3k▼

Amounts payable17/49€48k€70k▲

Amounts payable after more than one year17€4k€2k▼

Financial debts170/4€4k€2k▼

Amounts payable within one year42/48€43k€69k▲

Current portion of amounts payable after more than one year42€9k€5k▼

Trade debts44€4k€14k▲

Suppliers440/4€4k€14k▲

Advances received on contracts in progress46€1k-

Taxes, remuneration and social security45€6k€2k▼

Taxes450/3€6k€2k▼

Other amounts payable47/48€23k€49k▲

Accrued charges and deferred income492/3€66-

Income statement Code20242025

Non-recurring operating income76A€139-

Remuneration, social security and pensions62€15k€7k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€10k▼

Other operating charges640/8€2k€2k▲

Non-recurring operating charges66A€889-

Gross operating margin9900€33k€44k▲

Operating profit (loss)9901€3k€25k▲

Financial income75/76B€35€30▼

Recurring financial income75€35€30▼

Financial charges65/66B€631€2k▲

Recurring financial charges65€631€2k▲

Profit (loss) for the period before taxes9903€3k€23k▲

Income taxes67/77€699€5k▲

Profit (loss) for the period9904€2k€18k▲

Profit (loss) for the period to be appropriated9905€2k€18k▲

Appropriation of the result

Profit (loss) to be appropriated9906€24k€43k▲

Profit (loss) brought forward from the previous period14P€22k€24k▲

Profit to be distributed694/7-€40k

Return on contributions (dividend)694-€40k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

16-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2022net €18k ▲864%

Operating result €25k, net result €18k, both a record.

29-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €2k ▼89.4%

Net result drops to €2k, the lowest in the series; recovery starts the following year.

30-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Ravels · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vooreel 492380 Ravels

Ground area

432 m²

Building footprint

199 m²

Volume, LiDAR

1,408 m³

Parcel 13035B0320/00F004, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

J. Engelen

Vooreel 49, 2380 RavelsCafés and bars

since 20212.322.884.635

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13035B0320/00F004	Flanders	432 m²	1 · 199 m²	10.7 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid

Year	Entries	awarded	paid
2022	1	2,000 EUR	2,000 EUR

Schemes

Hinderpremie bij openbare werken

1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site

Ravels2.322.884.635

1 permission

Toelating · Eetgelegenheid · since 26-02-2024

Similar companies · same sector, comparable size

Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,249 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-10-2021

Fiscal year end31-12

Activities, NACEBEL

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.