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KNK ENGINEERING

Active
Private limited companyfounded 2010active for 15 yearsEninkveld 8, 8210 Zedelgem, BelgiumKBO/BCE: BE 0832.039.175
Summary

KNK ENGINEERING has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €101,813. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 95% of 11,742 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €350,000
Estimated: probably between €270,000 and €460,000
Total assets
€1.2m▲ 2.2%
2024 · €1.2m
Net result
€101,813▲ 14.5%
2024 · €88,947
Working capital
€824,061▼ 4.8%
2024 · €866,009
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 13% above 2024.

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

Operating result€0.1m 2025 Net result€0.1m 2025

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

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.1m-€0.3m▲ 122%€0.2m▼ 44.1%€0.2m▲ 14.6%€0.2m▲ 23.7%€0.1m▼ 46.1%€0.1m▲ 12.6%
Net result€0.08m-€0.2mabove the sector's middle half▲ 129%€0.1mabove the sector's middle half▼ 45.5%€0.1mabove the sector's middle half▲ 21.3%€0.5mabove the sector's middle half▲ 324%€0.09mabove the sector's middle half▼ 82.2%€0.1mabove the sector's middle half▲ 14.5%
Equity€0.4m-€0.5mabove the sector's middle half▲ 48.3%€0.6mabove the sector's middle half▲ 17.8%€0.8mabove the sector's middle half▲ 18.3%€1.1mabove the sector's middle half▲ 45.5%€1.1mabove the sector's middle half▲ 0.4%€1.1mabove the sector's middle half▲ 2.2%
Total assets€0.9m-€1.9mabove the sector's middle half▲ 110%€2.0mabove the sector's middle half▲ 3.2%€2.2mabove the sector's middle half▲ 7.7%€1.2mabove the sector's middle half▼ 44.1%€1.2mabove the sector's middle half▼ 4.5%€1.2mabove the sector's middle half▲ 2.2%
Debt€0.6m-€1.4m▲ 151%€1.4m▼ 2.6%€1.4m▲ 2.6%€0.1m▼ 93.2%€0.04m▼ 62.5%€0.04m▲ 2.8%
Working capital-€0.3m--€0.7mbelow the sector's middle half▼ 196%-€0.6mbelow the sector's middle half▲ 14.2%-€0.5mbelow the sector's middle half▲ 15.1%€1.0mabove the sector's middle half€0.9mabove the sector's middle half▼ 11.5%€0.8mabove the sector's middle half▼ 4.8%
Solvency40.0%-28.2%within the sector's middle half▼ 11.7pp32.2%within the sector's middle half▲ 4.0pp35.4%within the sector's middle half▲ 3.2pp92.1%above the sector's middle half▲ 56.7pp96.9%above the sector's middle half▲ 4.8pp96.9%above the sector's middle half=
Current ratio0.55-0.46below the sector's middle half▼ 0.080.53below the sector's middle half▲ 0.060.61below the sector's middle half▲ 0.0811.33above the sector's middle half▲ 10.7225.58above the sector's middle half▲ 14.2523.71above the sector's middle half▼ 1.86
Return on assets (ROA)8.4%-9.2%within the sector's middle half▲ 0.8pp4.9%within the sector's middle half▼ 4.3pp5.5%within the sector's middle half▲ 0.6pp41.4%above the sector's middle half▲ 36.0pp7.7%within the sector's middle half▼ 33.7pp8.7%within the sector's middle half▲ 0.9pp
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: 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 micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €315,128 ▲ 26.5%
Current assets €860,340 ▼ 4.5%
Equity and liabilities €1.2m
Equity €1.1m ▲ 2.2%
Debt €36,678 ▲ 2.8%
Debt's share of the balance-sheet total stays at 3.1%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€166,248▲
2024 · €146,176
Cash flow
€130,619▲
2024 · €113,040
Debt to equity
0.03▲
2024 · 0.03
ROE
8.9%▲
2024 · 8.0%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€36,278▲
2024 · €35,234
Income taxes
€41,471▲
2024 · €39,265
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
96.5% still going

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 17,811 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 · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.2m▲
Fixed assets21/28€0.2m€0.3m▲
Tangible fixed assets22/27€0.2m€0.3m▲
Land and buildings22€0.1m€0.2m▲
Plant, machinery and equipment23€0.01m€0.02m▲
Furniture and vehicles24€0.05m€0.04m▼
Financial fixed assets28€0.04m€0.04m=
Current assets29/58€0.9m€0.9m▼
Amounts receivable within one year40/41€0.5m€0.1m▼
Trade receivables40€0.08m€0.08m=
Other amounts receivable41€0.4m€0.02m▼
Cash at bank and in hand54/58€0.4m€0.8m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m▲
Equity10/15€1.1m€1.1m▲
Contributions10/11€0.007m€0.007m=
Reserves13€1.1m€1.1m▲
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Distributable reserves133€1.1m€1.1m▲
Profit (loss) carried forward14€0.04m€0.04m=
Amounts payable17/49€0.04m€0.04m▲
Amounts payable within one year42/48€0.04m€0.04m▲
Trade debts44€0.007m€0.01m▲
Suppliers440/4€0.007m€0.01m▲
Taxes, remuneration and social security45€0.03m€0.02m▼
Taxes450/3€0.03m€0.02m▼
Other amounts payable47/48€0.002m€0.003m▲
Accrued charges and deferred income492/3€430€400▼
Income statement Code20242025
Non-recurring operating income76A-€0.002m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.03m▲
Other operating charges640/8€0.005m€0.005m▼
Gross operating margin9900€0.2m€0.2m▲
Operating profit (loss)9901€0.1m€0.1m▲
Financial income75/76B€0.006m€0.006m▼
Recurring financial income75€0.006m€0.006m▼
Financial charges65/66B€69€79▲
Recurring financial charges65€61€59▼
Non-recurring financial charges66B€8€20▲
Profit (loss) for the period before taxes9903€0.1m€0.1m▲
Income taxes67/77€0.04m€0.04m▲
Profit (loss) for the period9904€0.09m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.09m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.1m▲
Profit (loss) brought forward from the previous period14P€0.04m€0.04m=
Transfer from equity791/2€0.08m€0.08m▼
Transfer to equity691/2€0.09m€0.1m▲
To other reserves6921€0.09m€0.1m▲
Profit to be distributed694/7€0.08m€0.08m▼
Return on contributions (dividend)694€0.08m€0.08m▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A--€36,500---€1,614-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,143€6,974€8,465€8,496€12,675€24,093€28,806▲ 19.6%
Other operating charges640/8--€1,159€409€1,281€4,704€4,565▼ 3.0%
Gross operating margin9900€138,507€293,986€169,208€191,832€240,262€150,880€170,813▲ 13.2%
Operating profit (loss)9901€128,690€285,720€159,583€182,927€226,306€122,083€137,442▲ 12.6%
Financial income75/76B--€1,600€1,597€392,069€6,198€5,920▼ 4.5%
Recurring financial income75-€1,091€1,600€1,597€392,069€6,198€5,920▼ 4.5%
Financial charges65/66B--€10,559€10,564€10,559€69€79▲ 13.8%
Recurring financial charges65€50€3,653€10,559€10,564€10,559€61€59▼ 4.0%
Non-recurring financial charges66B-----€8€20▲ 150%
Profit (loss) for the period before taxes9903€128,640€283,158€150,624€173,960€607,815€128,212€143,284▲ 11.8%
Income taxes67/77€50,847€104,689€53,376€56,001€108,258€39,265€41,471▲ 5.6%
Profit (loss) for the period9904€77,793€178,470€97,248€117,959€499,556€88,947€101,813▲ 14.5%
Profit (loss) for the period to be appropriated9905€77,793€178,470€97,248€117,959€499,556€88,947€101,813▲ 14.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.9m€1.9m€2.0m€2.2m€1.2m€1.2m€1.2m▲ 2.2%
Fixed assets21/28€0.6m€1.3m€1.3m€1.3m€0.1m€0.2m€0.3m▲ 26.5%
Tangible fixed assets22/27€0.08m€0.08m€0.08m€0.07m€0.1m€0.2m€0.3m▲ 30.8%
Land and buildings22--€0.06m€0.06m€0.1m€0.1m€0.2m▲ 51.8%
Plant, machinery and equipment23--€0.001m€0.003m€0.002m€0.01m€0.02m▲ 26.4%
Furniture and vehicles24--€0.009m€0.007m€0.004m€0.05m€0.04m▼ 26.3%
Financial fixed assets28€0.5m€1.2m€1.2m€1.2m€0.03m€0.04m€0.04m=
Current assets29/58€0.3m€0.6m€0.7m€0.8m€1.1m€0.9m€0.9m▼ 4.5%
Amounts receivable within one year40/41€0.2m€0.5m€0.7m€0.6m€0.1m€0.5m€0.1m▼ 81.0%
Trade receivables40--€0.2m€0.2m€0.1m€0.08m€0.08m=
Other amounts receivable41--€0.4m€0.4m€0.005m€0.4m€0.02m▼ 96.2%
Cash at bank and in hand54/58€0.06m€0.1m€0.04m€0.2m€1.0m€0.4m€0.8m▲ 101%
Deferred charges and accrued income490/1----€0.007m---
Equity and liabilities
Total equity and liabilities10/49€0.9m€1.9m€2.0m€2.2m€1.2m€1.2m€1.2m▲ 2.2%
Equity10/15€0.4m€0.5m€0.6m€0.8m€1.1m€1.1m€1.1m▲ 2.2%
Contributions10/11€0.007m-€0.007m€0.007m€0.007m€0.007m€0.007m=
Reserves13€0.3m€0.5m€0.6m€0.7m€1.1m€1.1m€1.1m▲ 2.3%
Non-distributable reserves130/1--€0.002m€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311--€0.002m€0.002m€0.002m€0.002m€0.002m=
Distributable reserves133--€0.6m€0.7m€1.1m€1.1m€1.1m▲ 2.3%
Profit (loss) carried forward14€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m=
Amounts payable17/49€0.6m€1.4m€1.4m€1.4m€0.1m€0.04m€0.04m▲ 2.8%
Amounts payable within one year42/48€0.6m€1.4m€1.4m€1.4m€0.09m€0.04m€0.04m▲ 3.0%
Trade debts44€0.002m€0.002m€0.002m€0.003m€0.001m€0.007m€0.01m▲ 43.5%
Suppliers440/4--€0.002m€0.003m€0.001m€0.007m€0.01m▲ 43.5%
Taxes, remuneration and social security45--€0.006m€0.04m€0.04m€0.03m€0.02m▼ 10.4%
Taxes450/3--€0.004m€0.04m€0.04m€0.03m€0.02m▼ 10.4%
Remuneration and social security454/9--€0.002m€0.002m----
Other amounts payable47/48--€1.3m€1.3m€0.06m€0.002m€0.003m▲ 34.5%
Accrued charges and deferred income492/3--€400€400€400€430€400▼ 7.0%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.08m€0.2m€0.1m€0.1m€0.5m€0.09m€0.1m▲ 14.5%
+ Depreciation and write-downs630€0.009m€0.007m€0.008m€0.008m€0.01m€0.02m€0.03m▲ 19.6%
Operating cash flow (approximation)€0.09m€0.2m€0.1m€0.1m€0.5m€0.1m€0.1m▲ 15.6%
Investment in fixed assets (approximation)--€0.7m€0-€0.03m€1.2m-€0.1m-€0.09m▲ 33.2%
Change in cash-€0.04m-€0.05m€0.2m€0.8m-€0.6m€0.4m-

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 15 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 10-04-2026 2026-00076909
30-09-2024 micro format 30-04-2025 2025-00087899
30-09-2023 micro format 09-11-2023 2023-00510236
30-09-2022 micro format 21-12-2022 2022-20542519
30-09-2021 micro format 22-04-2022 2022-20006578
30-09-2020 micro format 10-05-2021 2021-13800379
30-09-2019 micro format 30-03-2020 2020-08300147
30-09-2018 micro format 29-03-2019 2019-08700252
30-09-2017 micro format 07-03-2018 2018-06600048
30-09-2016 abbreviated format 08-03-2017 2017-06000428

Show all 15 filings

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