MengineerX
The computed 12-month bankruptcy probability of MengineerX is 0.7% (low). The 2024 annual accounts show equity of €43k and a net result of €34k. Equity is growing by ~262.7% per year across the filed fiscal years. Its solvency ranks better than 25% of 3371 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €43k |
| Net result | €34k |
| Better than sector | 25% |
| Active | 3 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 26.6% | 55.1% | |
| Net result | €34k | €19k | |
| Equity | €43k | €45k | |
| Gross operating margin | €52k | €38k | |
| Total assets | €160k | €95k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €48k |
| Net profit | €34k |
| Cash flow | €37k |
| Staff costs | - |
| Income taxes | €10k |
| Dividends | - |
| Total assets | €160k |
| Equity | €43k |
| Debt | €118k |
| of which ≤ 1y | €118k |
| of which > 1y | - |
| Working capital | €-80k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.32 |
| Quick ratio | 0.32 |
| Working capital ratio | -50.1% |
| Solvency | 26.6% |
| Debt / equity | 2.76 |
| Long-term debt ratio | - |
| Interest coverage | 256.02 |
| Gross margin | - |
| Net margin | - |
| ROA | 21.3% |
| ROE | 80.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €160k |
| Fixed assets | 21/28 | €123k |
| Tangible fixed assets | 22/27 | €123k |
| Current assets | 29/58 | €37k |
| Amounts receivable within one year | 40/41 | €37k |
| Cash & bank | 54/58 | €25 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €160k |
| Equity | 10/15 | €43k |
| Contributions / capital | 10/11 | €100 |
| Reserves | 13 | €45k |
| Accumulated profits (losses) | 14 | €-2k |
| Amounts payable | 17/49 | €118k |
| Amounts payable within one year | 42/48 | €118k |
| Trade debts payable within one year | 44 | €21k |
| Income statement | ||
| Gross operating margin | 9900 | €52k |
| Operating result | 9901 | €45k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €187 |
| Result before taxes | 9903 | €44k |
| Income taxes | 67/77 | €10k |
| Net result for the period | 9904 | €34k |
| Result to be appropriated | 9905 | €34k |
| NACE primary | Engineering activities(71121) |
| Legal form | Private limited company(610) |
| Incorporation | 25-10-2022 |
| Status | Active |
| Postal code | 9600 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45423E0088/00W007 | Flanders | 165 m² | 1 · 122 m² | 14.5 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-08-2025 Registered office moved from Oostrozebeke to Ronse
- Kerkstraat 8, 8780 Oostrozebeke → Zonnestraat 22, 9600 Ronse
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Zonnestraat 22, 9600 Ronse",
"city": "Ronse",
"region": "vlaams_gewest",
"street": "Zonnestraat",
"country": "BE",
"postcode": "9600",
"box_number": null,
"street_number": "22",
"locality_suffix": null
},
"old_address": {
"raw": "Kerkstraat 8, 8780 Oostrozebeke",
"city": "Oostrozebeke",
"region": "vlaams_gewest",
"street": "Kerkstraat",
"country": "BE",
"postcode": "8780",
"box_number": null,
"street_number": "8",
"locality_suffix": null
},
"effective_date": "2024-03-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-08-25",
"filing_date": null,
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bevoegde_bestuursorgaan",
"date": "2024-03-04",
"unanimous": null
},
"subject_company": {
"kbo": "0792.861.964",
"name_full": "MengineerX",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": "0722.677.219",
"org_name": "BV Vanhaecke, Devriendt \u0026 Rosseel",
"person_name": "Mathias Rosseel",
"org_rep_person_name": null,
"person_role_at_subject": "Gecertificeerd accountant - bestuurder"
},
"co_filed_documents": [
"notulen van de bestuursvergadering dd. 04/03/2024"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MengineerX |