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M & L ENGINEERING

Active
Private limited companyfounded 1991active for 35 yearsBoulevard du Parc 35, 7800 Ath, BelgiumKBO/BCE: BE 0443.745.108
Summary

M & L ENGINEERING has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €318,832 and a net result of €262,770, of which €474,806 non-recurring income. Equity is shrinking by about 3.2% per year across the filed financial years. Its solvency ranks better than 64% of 2,434 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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M & L ENGINEERINGActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211Engineering and related technical consultancy, excluding land surveyors NACE 71121
1 site
Size
€597,286total assets 2025
Staff
5 FTE
Equity
€318,832
Profit
€262,770
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 60 days early1 of 3 deeds summarised
Why 95raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.18, cash €88,092Founded in 1991Equity €318,832 (53.4% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 72% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 78+32
equity 53.4% of total assets
Liquidity 50-1
short-term debt 39.7% · cash 14.7%
Profitability 100+18
return on assets 44.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,621 companies, NACE 43, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.5%▼ -0.4 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.4 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.18, compared with 0.77 in 2024, above the usual 1.5; short-term debt: 39.7% and cash: 14.7% of total assets), and 46.6% 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 43, micro): better than 58% on solvency, 42% on liquidity, 92% on profitability and 95% on growth.

The bankruptcy probability was computed on 24-10-2026 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 riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Liquidity: current ratio 2.18, cash €88,092
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €318,832 (53.4% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €318,832
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
24 days early
2023
33 days early
2022
42 days early
2021
40 days early
2020
37 days early
2019
45 days late
← 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 27 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Highest result from 2018 to 2025net €262,770 ▲359%
  3. Liquidity more than doubledcurrent ratio 2.18

Key points

  • Positive: Equity rose in 2025from €112,277 to €318,832 ▲ 184% View
  • Positive: 8 profitable years in a rowprofit 2025: €262,770, mostly one-off 8 years View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Total assets
€597,286
Profit
€262,770
Solvency
53.4%
Total assets▲ 11.2%
Net result
20182025
Go to Financials

Timeline

Events
40
Since
1992
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €200,000
  2. 07-07-2025Annual accounts filed
  3. 28-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
15-03-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
25
Purpose
“Bureau d’études,surveillance de travaux,recherches industrielles et développement dans…” (deed in French)
Go to Articles of association

Key facts about M & L ENGINEERING

What is the company number of M & L ENGINEERING?
0443.745.108. In Belgium the VAT number is the company number with BE in front: BE 0443.745.108.
Where is M & L ENGINEERING based?
The registered office is at Boulevard du Parc 35, 7800 Ath.Company details
What does M & L ENGINEERING do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of M & L ENGINEERING?
Private limited company (BV).
When was M & L ENGINEERING founded?
On 15-03-1991.
Is M & L ENGINEERING still active?
Yes, M & L ENGINEERING is an active enterprise in the KBO register.
How many employees does M & L ENGINEERING have?
On average 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of M & L ENGINEERING?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is M & L ENGINEERING profitable?
In financial year 2025, M & L ENGINEERING made a profit of €262,770.
Where can I find the annual accounts of M & L ENGINEERING?
M & L ENGINEERING filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of M & L ENGINEERING due?
By 31-07-2027, for financial year 2026.Timeline

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