Mock-up
ActiveSummary
Mock-up has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€7,031) and a net result of -€15,601. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-47
Growth22▼-56
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 1.05 in 2024; short-term debt: 158.4% and cash: 10.2% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-58.4%
Return on assets
-129.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€7,031
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 31-07-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
61 d late
2023
84 d late
2022
118 d late
2021
462 d late
2020
153 d late
2019
518 d 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 199 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% 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 24 October (4 of the last 5 filed years within 85 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€880▼ 99.2%
2024 · €115,550
EBIT margin
-1740.0%▼ 1764.6pp
2024 · 24.6%
Net result
-€15,601
2024 · €27,994
Working capital
-€14,811
2024 · €1,440
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
Line20212022202320242025
Turnover€115,550€880▼ 99.2%
Operating result-€7,792▼ 42.7%-€708▲ 90.9%-€10,373▼ 1,365%€28,389-€15,312
Net result-€8,112below the sector's middle half▼ 39.7%-€928below the sector's middle half▲ 88.6%-€10,467below the sector's middle half▼ 1,028%€27,994within the sector's middle half-€15,601below the sector's middle half
EBIT margin24.6%-1740.0%▼ 1764.6pp
Equity-€8,029below the sector's middle half-€8,957below the sector's middle half▼ 11.6%-€19,424below the sector's middle half▼ 117%€8,570below the sector's middle half-€7,031below the sector's middle half
Total assets€22,640below the sector's middle half▼ 14.9%€11,633below the sector's middle half▼ 48.6%€12,371below the sector's middle half▲ 6.3%€38,612below the sector's middle half▲ 212%€12,034below the sector's middle half▼ 68.8%
Debt€30,669▲ 15.7%€20,590▼ 32.9%€31,795▲ 54.4%€30,042▼ 5.5%€19,065▼ 36.5%
Working capital-€19,962below the sector's middle half▼ 56.6%-€19,257below the sector's middle half▲ 3.5%-€29,724below the sector's middle half▼ 54.4%€1,440below the sector's middle half-€14,811below the sector's middle half
Solvency-35.5%below the sector's middle half▼ 35.8pp-77.0%below the sector's middle half▼ 41.5pp-157.0%below the sector's middle half▼ 80.0pp22.2%within the sector's middle half▲ 179.2pp-58.4%below the sector's middle half▼ 80.6pp
Current ratio0.29below the sector's middle half▼ 0.100.06below the sector's middle half▼ 0.230.07below the sector's middle half=1.05within the sector's middle half▲ 0.980.22below the sector's middle half▼ 0.82
Return on assets (ROA)-35.8%below the sector's middle half▼ 14.0pp-8.0%below the sector's middle half▲ 27.9pp-84.6%below the sector's middle half▼ 76.6pp72.5%above the sector's middle half▲ 157.1pp-129.6%below the sector's middle half▼ 202.1pp
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.
Why a figure moved sharply
- 2025 Turnover -99% on 2024. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15,312 after €28,389 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12,034
Fixed assets
€7,780 ▲ 9.1%
Current assets
€4,254 ▼ 86.5%
Equity and liabilities
Equity-€7,031
Debt€19,065
Equity is negative: debt (€19,065) exceeds the balance-sheet total (€12,034).
Key figures and ratios
EBITDA
-€11,709▼
2024 · €29,802
Cash flow
-€11,998▼
2024 · €29,407
Interest coverage
-260.20▼
2024 · 662.26
Debt ≤ 1 year
€19,065▼
2024 · €30,042
Income taxes
€244▼
2024 · €350
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 6,906 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €115,550 | €880 | ▼ 99.2% |
| Goods, raw materials, services and sundry goods60/61 | €2,158 | - | - | €74,423 | €11,677 | ▼ 84.3% |
| Remuneration, social security and pensions62 | €25 | €0 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,998 | €3,998 | €0 | €1,413 | €3,603 | ▲ 155% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €0 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €0 | - | - | - |
| Other operating charges640/8 | €1,611 | €0 | €2,988 | €962 | €774 | ▼ 19.5% |
| Non-recurring operating charges66A | - | - | €0 | €10,363 | €138 | ▼ 98.7% |
| Gross operating margin9900 | -€2,158 | €3,290 | -€7,385 | €41,127 | -€10,797 | ▼ 126% |
| Operating profit (loss)9901 | -€7,792 | -€708 | -€10,373 | €28,389 | -€15,312 | ▼ 154% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €0 | - | - | - |
| Non-recurring financial income76B | - | - | €0 | - | - | - |
| Financial charges65/66B | €320 | €220 | €94 | €45 | €45 | = |
| Recurring financial charges65 | €320 | €220 | €94 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | -€8,112 | -€928 | -€10,467 | €28,344 | -€15,357 | ▼ 154% |
| Transfer from deferred taxes780 | - | - | €0 | - | - | - |
| Transfer to deferred taxes680 | - | - | €0 | - | - | - |
| Income taxes67/77 | - | - | €0 | €350 | €244 | ▼ 30.3% |
| Profit (loss) for the period9904 | -€8,112 | -€928 | -€10,467 | €27,994 | -€15,601 | ▼ 156% |
| Transfer from tax-exempt reserves789 | - | - | €0 | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€8,112 | -€928 | -€10,467 | €27,994 | -€15,601 | ▼ 156% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,640 | €11,633 | €12,371 | €38,612 | €12,034 | ▼ 68.8% |
| Formation expenses20 | - | - | €0 | - | - | - |
| Fixed assets21/28 | €14,298 | €10,300 | €10,300 | €7,129 | €7,780 | ▲ 9.1% |
| Intangible fixed assets21 | €508 | €0 | €0 | €1,533 | €1,529 | ▼ 0.3% |
| Tangible fixed assets22/27 | €13,790 | €10,300 | €10,300 | €5,596 | €6,251 | ▲ 11.7% |
| Land and buildings22 | €10,300 | €10,300 | €10,300 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | €0 | €681 | €435 | ▼ 36.1% |
| Furniture and vehicles24 | €3,490 | €0 | €0 | €4,916 | €5,816 | ▲ 18.3% |
| Leasing and similar rights25 | - | - | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | €0 | - | - | - |
| Assets under construction and advance payments27 | - | - | €0 | - | - | - |
| Financial fixed assets28 | - | - | €0 | - | - | - |
| Current assets29/58 | €8,342 | €1,333 | €2,071 | €31,482 | €4,254 | ▼ 86.5% |
| Amounts receivable after more than one year29 | - | - | €0 | - | €14 | - |
| Trade receivables290 | - | - | €0 | - | €14 | - |
| Other amounts receivable291 | - | - | €0 | - | - | - |
| Stocks and contracts in progress3 | - | - | €0 | - | - | - |
| Stocks30/36 | - | - | €0 | - | - | - |
| Contracts in progress37 | - | - | €0 | - | - | - |
| Amounts receivable within one year40/41 | €2,063 | €1,081 | €1,834 | €7,131 | €3,018 | ▼ 57.7% |
| Trade receivables40 | €0 | - | €0 | €5,298 | €0 | ▼ 100% |
| Other amounts receivable41 | €2,063 | €1,081 | €1,834 | €1,834 | €3,018 | ▲ 64.6% |
| Current investments50/53 | - | - | €0 | - | - | - |
| Cash at bank and in hand54/58 | €6,279 | €252 | €237 | €24,351 | €1,222 | ▼ 95.0% |
| Deferred charges and accrued income490/1 | - | - | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,640 | €11,633 | €12,371 | €38,612 | €12,034 | ▼ 68.8% |
| Equity10/15 | -€8,029 | -€8,957 | -€19,424 | €8,570 | -€7,031 | ▼ 182% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Revaluation surpluses12 | - | - | €0 | - | - | - |
| Reserves13 | - | - | €0 | - | - | - |
| Non-distributable reserves130/1 | - | - | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | €0 | - | - | - |
| Own shares acquired1312 | - | - | €0 | - | - | - |
| Financial assistance1313 | - | - | €0 | - | - | - |
| Other1319 | - | - | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | €0 | - | - | - |
| Distributable reserves133 | - | - | €0 | - | - | - |
| Profit (loss) carried forward14 | -€26,629 | -€27,557 | -€38,024 | -€10,030 | -€25,631 | ▼ 156% |
| Investment grants15 | - | - | €0 | - | - | - |
| Advance to shareholders on the distribution of net assets19 | - | - | €0 | - | - | - |
| Provisions and deferred taxes16 | - | - | €0 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | €0 | - | - | - |
| Pensions and similar obligations160 | - | - | €0 | - | - | - |
| Taxes161 | - | - | €0 | - | - | - |
| Major repairs and maintenance162 | - | - | €0 | - | - | - |
| Environmental obligations163 | - | - | €0 | - | - | - |
| Other liabilities and charges164/5 | - | - | €0 | - | - | - |
| Deferred taxes168 | - | - | €0 | - | - | - |
| Amounts payable17/49 | €30,669 | €20,590 | €31,795 | €30,042 | €19,065 | ▼ 36.5% |
| Amounts payable after more than one year17 | €2,365 | €0 | €0 | - | - | - |
| Financial debts170/4 | €2,365 | €0 | €0 | - | - | - |
| Trade debts175 | - | - | €0 | - | - | - |
| Advances received on contracts in progress176 | - | - | €0 | - | - | - |
| Other amounts payable178/9 | - | - | €0 | - | - | - |
| Amounts payable within one year42/48 | €28,304 | €20,590 | €31,795 | €30,042 | €19,065 | ▼ 36.5% |
| Current portion of amounts payable after more than one year42 | €3,098 | €2,365 | €0 | - | - | - |
| Financial debts43 | - | - | €0 | - | - | - |
| Credit institutions430/8 | - | - | €0 | - | - | - |
| Other loans439 | - | - | €0 | - | - | - |
| Trade debts44 | €201 | €0 | €0 | - | - | - |
| Suppliers440/4 | €201 | €0 | €0 | - | - | - |
| Bills of exchange payable441 | - | - | €0 | - | - | - |
| Advances received on contracts in progress46 | - | - | €0 | - | - | - |
| Taxes, remuneration and social security45 | €0 | - | €0 | €6,977 | €0 | ▼ 100% |
| Taxes450/3 | €0 | - | €0 | €6,977 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | €0 | - | - | - |
| Other amounts payable47/48 | €25,005 | €18,225 | €31,795 | €23,065 | €19,065 | ▼ 17.3% |
| Accrued charges and deferred income492/3 | - | - | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,112 | -€928 | -€10,467 | €27,994 | -€15,601 | ▼ 156% |
| + Depreciation and write-downs630 | €3,998 | €3,998 | €0 | €1,413 | €3,603 | ▲ 155% |
| Operating cash flow (approximation) | -€4,114 | €3,070 | -€10,467 | €29,407 | -€11,998 | ▼ 141% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €1,758 | -€4,254 | ▼ 342% |
| Change in cash | - | -€6,027 | -€15 | €24,114 | -€23,129 | ▼ 196% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
26-06
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 10-04-2026
- Registered-office move, 32, Rue du Béguinage 4432 Xhendremael
2025
31-12
Financial
Weakest financial yearnet -€15,601
Net result drops to -€15,601, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Back to profitnet €27,994
Net result €27,994 after 6 loss-making years.
31-12
Financial
Liquidity times 16current ratio 1.05
Current ratio from 0.07 to 1.05; short-term debt falls from €31,795 to €30,042.
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 84 days late
2023
26-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 118 days late
05-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 462 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 153 days late
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 518 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ans · 1 establishment unit since 2016
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.
Rue Béguinage 324432 Ans1 establishment unit
Mock-up
since 20162.256.312.644
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,567 companies in this sector we hold annual accounts for 6,567. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded02-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
77320Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0661934037
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.