Equity
€339,150 ▲ 3.3%
MK ENGINEERING paid out €30,000 in dividends. That is 73% of the 2025 profit.
MK ENGINEERING
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1991peak €1.2m (2025)
€1.2m▲ 5.7%
lowest -€108,432 (2020)
€40,928▼ 22.8%
peak €339,150 (2025)
€339,150▲ 3.3%
€528,476▲ 18.0%
peak 15 FTE (2024)
14.6 FTE▼ 2.7%
Board7 names since 2021
5 directorsLINARES DE MIGUEL Katia and 4 others
Owners
100%ALT-O
Documentsfilings and deeds
29-05-202663 days before the deadline
2025financial year
Dividend €30,000Debts from €447,814 to €528,476Cash from €114,417 to €269,203
Key points
from the 2025 annual accountsStaff
16 employees on 31-12-2025
In 2025, 2 people joined and 4 left.
At the same address
13 companies
Checked score
94
Excellent
Financially stronger than 56% of small companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 689 companies (NACE 71, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%highest value
01-2025: 0.1%● unchanged vs 12-2024highest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: < 0.1%▼ -0.1 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
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.60, cash €269,203
Founded in 1991
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Profit of €40,928 (financial year 2025)
Calculation
The band follows from the bankruptcy probability. 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 71, small). It does better than 48% of them on solvency, 68% on liquidity, 58% on profitability and 49% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as MK ENGINEERING has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MK ENGINEERING itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for MK ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.6 (1.8 in 2024), above the usual 1.5. Short-term debt is 58.1% and cash 31% of total assets. However, 60.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 days early
2024
59 days early
2023
34 days early
2022
28 days early
2021
30 days late
2020
86 days late
2019
90 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 28 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0442393244
Changes of role: LINARES DE MIGUEL Katia, WIERUSZ-KOWALSKI Piotr François Jacques and VOGLAIRE Corentin Raphael Alexis
Gazette deed
3 managers appointed, 2 resignations
Resignations: WIERUSZ-KOWALSKI Michal (manager and director) and ALT-O SPRL (manager and director) · Appointments: LINARES DE MIGUEL Katia, VOGLAIRE Corentin and WIERUSZ-KOWALSKI Piotr · Director discharge: WIERUSZ-KOWALSKI Michal · General meeting of 15-09-2021 · Gazette deed
Energy performance certifier approval granted
Decision of 25-08-2009, published on 07-10-2009
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MK ENGINEERING Ixelles | €0.9m | €1.2m | 39.1% | 14.6 |
| RDC ENVIRONMENT Auderghem | €1.2m | €1.5m | 36.7% | 14 |
| TECHNOCON Aalter | €0.8m | €1.0m | 62.4% | 11.6 |
| INTERFACE SOFT SERVICE Andenne | €0.8m | €1.3m | 60.1% | 10.5 |
| ASSET Ghent | €0.8m | €0.9m | 77.8% | 14 |
| Evolv Engineering Roeselare | €1.1m | €1.4m | 53.0% | 12.7 |
| CONTROL & PROTECTION AUTOMATION Antwerp | €0.6m | €1.2m | -232.1% | 12 |
These companies have the same main activity as MK ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €642,000 and €1.2m, founded between 1985 and 1996.
Official details
Source: KBO- Status
- Active since 02-01-1991Normal situation
- Registered office
- 14 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 5 others
- Establishment unit
- 2.229.160.4631050 Ixelles, since 02-01-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2025
Annual accounts 2025
- ≈ €2.0mestimated
- €867,625▲ 11.8%
- Employeeson 31-12-2025
- 16▼ 11.1%
- Filing
- Filed on 29-05-2026, 63 days before the end of the filing period
Insights on MK ENGINEERING
MK ENGINEERING has existed since 1991. The gross margin grew from €161,571 in 2006 to €1.2m in 2025 and staff from 3 to 14.6 full-time equivalents.
The gross margin has grown every year since 2022.
ALT-O holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MK ENGINEERING
- What is the company number of MK ENGINEERING?
- The company number of MK ENGINEERING is 0442.393.244. The VAT number is the same number with BE in front: BE 0442.393.244.
- Where is MK ENGINEERING based?
- The registered office is at Waterloose Steenweg 412F, 1050 Ixelles.Company details
- What does MK ENGINEERING do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of MK ENGINEERING?
- MK ENGINEERING is a private limited company (BV).
- When was MK ENGINEERING founded?
- MK ENGINEERING was founded on 02-01-1991.
- Is MK ENGINEERING still active?
- Yes, MK ENGINEERING is an active enterprise in the KBO register.
- How many employees does MK ENGINEERING have?
- MK ENGINEERING had an average of 14.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MK ENGINEERING?
- The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €1.2m and 1,585 comparable companies of the same size. It probably lies between €1.4m and €3.3m. It is a rough estimate.
- Is MK ENGINEERING profitable?
- In financial year 2025, MK ENGINEERING made a profit of €40,928.
- Where can I find the annual accounts of MK ENGINEERING?
- MK ENGINEERING filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MK ENGINEERING due?
- MK ENGINEERING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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