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MK ENGINEERING & CONSULTING

Active
Private limited companyfounded 20179 yrs activeAlchemiststeeg 12, 1120 Brussel, BelgiumKBO/BCE: BE 0676.532.141
Summary

MK ENGINEERING & CONSULTING has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,100 and a net result of €40,909. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 10% of 9574 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency27▲+1
Growth42▼-26
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
1.7%
Return on assets
62%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9574 sector peers (2025).
NBB · sector comparison
Position among 9574 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
18 d late
2024
27 d late
2023
14 d early
2022
1 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 10 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

History

MK ENGINEERING & CONSULTING was incorporated on 2 June 2017.1 Total assets fell from EUR 90,058 in 2022 to EUR 65,995 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€1,100=
2024 · €1,100
Total assets
€65,995▼ 23.6%
2024 · €86,387
Net result
€40,909▼ 11.7%
2024 · €46,310
Working capital
-€8,551▲ 26.9%
2024 · -€11,692
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€69,064-€68,778▼ 0.4%€60,688▼ 11.8%€54,545▼ 10.1%
Net result€43,671above the sector's middle half-€48,313above the sector's middle half▲ 10.6%€46,310above the sector's middle half▼ 4.1%€40,909within the sector's middle half▼ 11.7%
Equity€1,100below the sector's middle half-€1,100below the sector's middle half=€1,100below the sector's middle half=€1,100below the sector's middle half=
Total assets€90,058within the sector's middle half-€111,052within the sector's middle half▲ 23.3%€86,387within the sector's middle half▼ 22.2%€65,995within the sector's middle half▼ 23.6%
Debt€88,958-€109,952▲ 23.6%€85,287▼ 22.4%€64,895▼ 23.9%
Working capital-€15,980below the sector's middle half--€9,259below the sector's middle half▲ 42.1%-€11,692below the sector's middle half▼ 26.3%-€8,551below the sector's middle half▲ 26.9%
Solvency1.2%below the sector's middle half-1.0%below the sector's middle half▼ 0.2pp1.3%below the sector's middle half▲ 0.3pp1.7%below the sector's middle half▲ 0.4pp
Current ratio0.82below the sector's middle half-0.92below the sector's middle half▲ 0.100.86below the sector's middle half▼ 0.050.87below the sector's middle half▲ 0.01
Return on assets (ROA)48.5%above the sector's middle half-43.5%above the sector's middle half▼ 5.0pp53.6%above the sector's middle half▲ 10.1pp62.0%above the sector's middle half▲ 8.4pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2022: €69,064€69,064Net result 2022: €43,671€43,671Operating result 2023: €68,778€68,778Net result 2023: €48,313€48,313Operating result 2024: €60,688€60,688Net result 2024: €46,310€46,310Operating result 2025: €54,545€54,545Net result 2025: €40,909€40,9092022202320242025€0€20,000€40,000€60,000Operating result 2023: €68,778€68,800Net result 2023: €48,313€48,300Operating result 2024: €60,688€60,700Net result 2024: €46,310€46,300Operating result 2025: €54,545€54,500Net result 2025: €40,909€40,900202320242025
The operating result has fallen three years in a row; 2025 is 10% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65,995
Fixed assets €9,651 ▼ 24.6%
Current assets €56,344 ▼ 23.4%
Equity and liabilities €65,995
Equity €1,100 =
Debt €64,895 ▼ 23.9%
Debt's share of the balance-sheet total falls from 98.7% to 98.3%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€57,686▼
2024 · €63,603
Cash flow
€44,050▼
2024 · €49,225
Debt to equity
59.00▼
2024 · 77.53
Interest coverage
143.37▼
2024 · 202.68
Debt ≤ 1 year
€64,895▼
2024 · €85,287
Income taxes
€13,233▼
2024 · €14,064
A ratio outside any meaningful range has been withheld (balance sheet total €65,995, equity €1,100).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,340 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% 1.0%
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% 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 2,153 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 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€86,387€65,995▼
Fixed assets21/28€12,792€9,651▼
Tangible fixed assets22/27€12,792€9,651▼
Land and buildings22€5,547€4,938▼
Plant, machinery and equipment23€2,275€897▼
Furniture and vehicles24€4,971€3,816▼
Current assets29/58€73,596€56,344▼
Amounts receivable within one year40/41€18,956€24,285▲
Trade receivables40€14,520€14,569▲
Other amounts receivable41€4,436€9,716▲
Cash at bank and in hand54/58€50,139€27,848▼
Deferred charges and accrued income490/1€4,501€4,210▼
Equity and liabilities
Total equity and liabilities10/49€86,387€65,995▼
Equity10/15€1,100€1,100=
Contributions10/11€1,000€1,000=
Reserves13€100€100=
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Amounts payable17/49€85,287€64,895▼
Amounts payable within one year42/48€85,287€64,895▼
Trade debts44€6,074€13,274▲
Suppliers440/4€6,074€13,274▲
Taxes, remuneration and social security45€23,249€10,712▼
Taxes450/3€23,249€10,712▼
Other amounts payable47/48€55,964€40,909▼
Income statement Code20242025
Non-recurring operating income76A-€579
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,915€3,141▲
Other operating charges640/8€1,061€1,490▲
Gross operating margin9900€64,664€59,176▼
Operating profit (loss)9901€60,688€54,545▼
Financial charges65/66B€314€402▲
Recurring financial charges65€314€402▲
Profit (loss) for the period before taxes9903€60,374€54,143▼
Income taxes67/77€14,064€13,233▼
Profit (loss) for the period9904€46,310€40,909▼
Profit (loss) for the period to be appropriated9905€46,310€40,909▼
Appropriation of the result
Profit (loss) to be appropriated9906€46,310€40,909▼
Profit to be distributed694/7€46,310€40,909▼
Return on contributions (dividend)694€46,310€40,909▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Non-recurring operating income76A---€579-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,788€2,868€2,915€3,141▲ 7.8%
Other operating charges640/8€1,193€1,578€1,061€1,490▲ 40.4%
Gross operating margin9900€73,045€73,223€64,664€59,176▼ 8.5%
Operating profit (loss)9901€69,064€68,778€60,688€54,545▼ 10.1%
Financial income75/76B€1€1---
Recurring financial income75€1€1---
Financial charges65/66B€929€613€314€402▲ 28.2%
Recurring financial charges65€929€613€314€402▲ 28.2%
Profit (loss) for the period before taxes9903€68,136€68,166€60,374€54,143▼ 10.3%
Income taxes67/77€24,464€19,852€14,064€13,233▼ 5.9%
Profit (loss) for the period9904€43,671€48,313€46,310€40,909▼ 11.7%
Profit (loss) for the period to be appropriated9905€43,671€48,313€46,310€40,909▼ 11.7%
Line2022202320242025Change
Assets
Total assets20/58€90,058€111,052€86,387€65,995▼ 23.6%
Fixed assets21/28€17,080€10,359€12,792€9,651▼ 24.6%
Tangible fixed assets22/27€17,080€10,359€12,792€9,651▼ 24.6%
Land and buildings22€2,236€2,011€5,547€4,938▼ 11.0%
Plant, machinery and equipment23€3,882€2,223€2,275€897▼ 60.6%
Furniture and vehicles24€10,962€6,125€4,971€3,816▼ 23.2%
Current assets29/58€72,979€100,692€73,596€56,344▼ 23.4%
Amounts receivable within one year40/41€12,705€15,362€18,956€24,285▲ 28.1%
Trade receivables40€12,705€15,362€14,520€14,569▲ 0.3%
Other amounts receivable41--€4,436€9,716▲ 119%
Cash at bank and in hand54/58€59,467€78,920€50,139€27,848▼ 44.5%
Deferred charges and accrued income490/1€807€6,411€4,501€4,210▼ 6.5%
Equity and liabilities
Total equity and liabilities10/49€90,058€111,052€86,387€65,995▼ 23.6%
Equity10/15€1,100€1,100€1,100€1,100=
Contributions10/11€1,000€1,000€1,000€1,000=
Reserves13€100€100€100€100=
Non-distributable reserves130/1€100€100€100€100=
Reserves not available under the articles1311€100€100€100€100=
Amounts payable17/49€88,958€109,952€85,287€64,895▼ 23.9%
Amounts payable within one year42/48€88,958€109,952€85,287€64,895▼ 23.9%
Trade debts44€4,455€23,342€6,074€13,274▲ 119%
Suppliers440/4€4,455€23,342€6,074€13,274▲ 119%
Taxes, remuneration and social security45€24,778€24,912€23,249€10,712▼ 53.9%
Taxes450/3€24,778€24,162€23,249€10,712▼ 53.9%
Remuneration and social security454/9-€750---
Other amounts payable47/48€59,725€61,697€55,964€40,909▼ 26.9%
Line2022202320242025Change
Profit (loss) for the period9904€43,671€48,313€46,310€40,909▼ 11.7%
+ Depreciation and write-downs630€2,788€2,868€2,915€3,141▲ 7.8%
Operating cash flow (approximation)€46,460€51,181€49,225€44,050▼ 10.5%
Investment in fixed assets (approximation)-€3,853-€5,347€0▲ 100%
Change in cash-€19,453-€28,781-€22,291▲ 22.5%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial Weakest financial yearnet €40,909 ▼11.7%
Net result drops to €40,909, the lowest in the series.
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €48,313 ▲10.6%
Net result €48,313, the highest in the series.
01-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are 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, Brussel · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
383 m²
Building footprint
187 m²
Volume, LiDAR
1,683 m³
2 parcels, Brussels · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MK Engineering
Duysburghstraat 20, 1020 BrusselEngineering and related technical consultancy, excluding land surveyors
since 20172.270.628.755
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21819B0065/00L000 Brussels 205 m² 1 · 100 m² 11.7 m · 3 fl.
21816C0053/00X000 Brussels 177 m² 1 · 87 m² 11.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

254900W285KDNJEYKG08
live in the LEI register

Similar companies · same sector, comparable size

Of 11,573 companies in sector 71121 we hold annual accounts for 6,570. 585 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0676532141
Also 9925:BE0676532141
Registered 03-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.