Skip to content

MODEL ENGINEERING

Active Public limited companyfounded 1994active for 32 yearsHeuvelstraat 104, 2620 HemiksemKBO/BCE: BE 0453.307.328 #7 oldest company in Hemiksem, Professional and technical services sector

Lifetime

18 annual accounts with figures on one time axis, 24 filings since 1995
peak €134,051 (2009)
-€12,453▼ €3,779
lowest -€57,127 (2019)
-€22,297▼ €2,429
peak €437,632 (2017)
€179,498▼ 11.0%
€1,149▲ 420%
peak 1 FTE (2009)
-not published
Board1 name since 2023
1 director
Documentsfilings and deeds
14-07-202617 days before the deadline
2025abbreviated format
Gross margin from -€8,674 to -€12,453Loss of €22,297Debts from €221 to €1,149

Key points

from the 2025 annual accounts

Equity

€179,498 from €437,632 in 2017

Equity fell by 59% in 8 years.

Losses

-€262,208 in eight years
-18,1202018-57,1272019-49,0322020-39,5982021-36,2762022-19,8902023-19,8682024-22,2972025

Every financial year from 2018 to 2025 closed with a loss. 2019 was the heaviest.

Filings

24 annual accounts since 1995
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 8 to 20 days before the end of the period.

Turnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,831 companies had the same profile as MODEL ENGINEERING has now. Each dot stands for 15 companies, two years later.

84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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% 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 5,831 companies, not a prediction for MODEL 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 check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0453307328
Change of role: , from director to sole director Director discharge: · General meeting of 20-11-2023 · Gazette deed
First establishment Heuvelstraat 104, Hemiksem
Incorporation published on 17-09-1994 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
MODEL ENGINEERING Hemiksem €180,647 -€12,453 99.4% -
B.C.B. Roosdaal €155,695 -€3,927 76.0% -
VDS - Services Asse €156,089 -€743 64.2% -
GUY FRANCESCHI CONSULT Ghent €148,131 -€2,330 97.0% -
BUSINESS en TECHNOLOGY CONSULTING Sint-Pieters-Leeuw €159,992 -€19,729 98.8% -
HEAT AND STEAM CONSULT Wetteren €204,980 -€6,205 100.0% -
Gentago Hoeilaart €189,138 -€13,180 91.8% -

These companies have the same main activity as MODEL ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €148,000 and €205,000, founded between 1991 and 1999.

Official details

Source: KBO
Status
Active since 30-08-1994Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
Establishment unit
2.068.385.1412620 Hemiksem, since 29-09-1994
Financial year end
31 December
Peppol
Reachable since 02-01-2026
Company details

Annual accounts 2025

€180,647▼ 10.6%
≈ 0.2 FTEestimated
Filing
Filed on 14-07-2026, 17 days before the end of the filing period
Financials

Insights on MODEL ENGINEERING

MODEL ENGINEERING files the abbreviated format. That format states no turnover. The gross margin fell from €132,675 in 2008 to -€12,453 in 2025.

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 MODEL ENGINEERING

What is the company number of MODEL ENGINEERING?
The company number of MODEL ENGINEERING is 0453.307.328. The VAT number is the same number with BE in front: BE 0453.307.328.
Where is MODEL ENGINEERING based?
The registered office is at Heuvelstraat 104, 2620 Hemiksem.Company details
What does MODEL 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 MODEL ENGINEERING?
MODEL ENGINEERING is a public limited company (NV).
When was MODEL ENGINEERING founded?
MODEL ENGINEERING was founded on 30-08-1994.
Is MODEL ENGINEERING still active?
Yes, MODEL ENGINEERING is an active enterprise in the KBO register.
What is the turnover of MODEL ENGINEERING?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it. In financial year 2024 turnover was €2,000.Financials
Is MODEL ENGINEERING profitable?
In financial year 2025, MODEL ENGINEERING made a loss of €22,297.
Where can I find the annual accounts of MODEL ENGINEERING?
MODEL ENGINEERING filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MODEL ENGINEERING due?
MODEL ENGINEERING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.