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M+E Engineering

Active
Private limited companyfounded 20197 yrs activeTerhulpsesteenweg 181, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0727.757.940

M+E Engineering has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €3k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 51% of 9386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
75 / 100
Excellent▼ -18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-77
Solvency97▼-3
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.87 in 2024), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
raises risk · 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
elevated failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · 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
55.3%
Return on assets
2.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-01-2026, 14 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
14 d early
2024
17 d early
2023
6 d early
2022
12 d early
2021
14 d late
2020
2 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
neutral · 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
€55k▼ 24.0%
2024 · €73k
2020: €38k 2021: €53k 2022: €39k 2023: €36k 2024: €73k
2020 → 2025
Total assets
€100k▼ 10.3%
2024 · €112k
2020: €68k 2021: €70k 2022: €59k 2023: €69k 2024: €112k
2020 → 2025
Net result
€3k▼ 94.8%
2024 · €49k
2020: €18k 2021: €15k 2022: €-14k 2023: €-3k 2024: €49k
2020 → 2025
Working capital
€55k▼ 24.0%
2024 · €73k
2020: €38k 2021: €53k 2022: €39k 2023: €36k 2024: €73k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€53k-€39k▼ 25.7%€36k▼ 8.5%€73k▲ 103%€55k▼ 24.0%
Operating result€17k-€42k▲ 143%€54k▲ 27.5%€100k▲ 85.6%€65k▼ 35.2%
Net result€15k-€-14k€-3k▲ 75.3%€49k€3k▼ 94.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €17k€17kNet result 2021: €15k€15kOperating result 2022: €42k€42kNet result 2022: €-14k€-14kOperating result 2023: €54k€54kNet result 2023: €-3k€-3kOperating result 2024: €100k€100kNet result 2024: €49k€49kOperating result 2025: €65k€65kNet result 2025: €3k€3k20212022202320242025
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €100k
Equity €55k▼ 24.0%
Debt €45k▲ 15.3%
The debt ratio rises from 34.8% to 44.7%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
55.3%
2024 · 65.2%
Current ratio
2.24
2024 · 2.87
Quick ratio
2.24
2024 · 2.87
Debt / equity
0.81
2024 · 0.53
ROE
4.6%
2024 · 67.3%
ROA
2.5%
2024 · 43.9%
Debt
€45k
2024 · €39k
Debt ≤ 1 year
€45k
2024 · €39k
Income taxes
€2k
2024 · €11k
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€112k€100k
Current assets29/58€112k€100k
Amounts receivable within one year40/41€70k€73k
Trade receivables40€70k€54k
Other amounts receivable41-€20k
Cash at bank and in hand54/58€40k€26k
Deferred charges and accrued income490/1€979€1k
Equity and liabilities
Total equity and liabilities10/49€112k€100k
Equity10/15€73k€55k
Contributions10/11€20k€20k=
Profit (loss) carried forward14€53k€35k
Amounts payable17/49€39k€45k
Amounts payable within one year42/48€39k€45k
Trade debts44€2k€17k
Suppliers440/4€2k€17k
Taxes, remuneration and social security45€21k€8k
Taxes450/3€21k€8k
Other amounts payable47/48€16k€20k
Income statement Code20242025
Other operating charges640/8€7k€1k
Gross operating margin9900€107k€67k
Operating profit (loss)9901€100k€65k
Financial income75/76B-€465
Recurring financial income75-€465
Financial charges65/66B€40k€61k
Recurring financial charges65€40k€61k
Profit (loss) for the period before taxes9903€60k€4k
Income taxes67/77€11k€2k
Profit (loss) for the period9904€49k€3k
Profit (loss) for the period to be appropriated9905€49k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€65k€55k
Profit (loss) brought forward from the previous period14P€16k€53k
Profit to be distributed694/7€12k€20k
Return on contributions (dividend)694€12k€20k

The notes to these accounts (1 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

Next filing, fiscal year 2026, expected by 31-01-2027
2026
17-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
14-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Back to profitnet €49k
Net result €49k after 2 loss-making years.
25-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Weakest financial yearnet €-14k ▼191%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
14-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 14 days late
2021
02-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
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, Watermaal-Bosvoorde · 1 establishment unit since 2019
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.

Terhulpsesteenweg 1811170 Watermaal-Bosvoorde
Ground area
7,508 m²
Building footprint
1,001 m²
Volume, LiDAR
31,433 m³
Parcel 21652E0041/00D002, Brussels · tallest building 37.2 m, ±11 floors. Linked by address, not a title deed.
1 establishment unit
M+E Engineering
Terhulpsesteenweg 181, 1170 Watermaal-BosvoordeEngineering and related technical consultancy, excluding land surveyors
since 20192.291.150.985
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0041/00D002
ProtectedSite or landscapeBoom: Rode beukSource ↗
Brussels 7,508 m² 1 · 1,001 m² 37.2 m · 11 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Recognitions · licences · registrations

Legal Entity Identifier

254900A5E0COGBEP2991
live in the LEI register

Similar companies · same sector, comparable size

Of 11,510 companies in sector 71121 we hold annual accounts for 6,526. 4,928 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-06-2019
Fiscal year end30-06
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:deplasse.p@deplasse.com
Enterprise