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
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0453307328
Change of role: Name hiddenVisible after signing in, from director to sole director
Director discharge: Hidden nameVisible after signing in · General meeting of 20-11-2023 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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