MR-Engineering
ActiveSummary
MR-Engineering has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,380 and a net result of €23,376. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency38▼-62
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.91 against 6.53 in 2024; short-term debt: 87.2% and cash: 45% of total assets), and 87.2% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 17179 sector peers (2025).
NBB · sector comparisonPosition among 17179 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
25 d early
2024
71 d early
2023
on the day
2022
on the day
← 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 24 days before the deadline; the sector median for financial year 2024 is 9 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€10,380▼ 92.5%
2024 · €138,239
Total assets
€81,389▼ 49.8%
2024 · €162,250
Net result
€23,376▼ 46.6%
2024 · €43,759
Working capital
-€6,333
2024 · €128,635
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€60,022-€51,162▼ 14.8%€56,615▲ 10.7%€31,079▼ 45.1%
Net result€48,675above the sector's middle half-€40,804within the sector's middle half▼ 16.2%€43,759within the sector's middle half▲ 7.2%€23,376within the sector's middle half▼ 46.6%
Equity€53,675within the sector's middle half-€94,480within the sector's middle half▲ 76.0%€138,239within the sector's middle half▲ 46.3%€10,380below the sector's middle half▼ 92.5%
Total assets€99,542within the sector's middle half-€145,155within the sector's middle half▲ 45.8%€162,250within the sector's middle half▲ 11.8%€81,389within the sector's middle half▼ 49.8%
Debt€45,866-€50,675▲ 10.5%€24,011▼ 52.6%€71,009▲ 196%
Working capital€47,335-€83,350▲ 76.1%€128,635▲ 54.3%-€6,333
Solvency53.9%within the sector's middle half-65.1%within the sector's middle half▲ 11.2pp85.2%above the sector's middle half▲ 20.1pp12.8%below the sector's middle half▼ 72.4pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
The operating result falls in 2025; 2025 is 45% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81,389
Fixed assets
€16,713 ▲ 61.3%
Current assets
€64,676 ▼ 57.4%
Equity and liabilities €81,389
Equity
€10,380 ▼ 92.5%
Debt
€71,009 ▲ 196%
Debt's share of the balance-sheet total rises from 14.8% to 87.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€37,524▼
2024 · €62,637
Cash flow
€29,821▼
2024 · €49,781
Current ratio
0.91▼
2024 · 6.53
Debt to equity
6.84▲
2024 · 0.17
ROE
225.2%▲
2024 · 31.7%
ROA
28.7%▲
2024 · 27.0%
Interest coverage
22.91▼
2024 · 38.47
Debt ≤ 1 year
€71,009▲
2024 · €23,253
Debt > 1 year
€0▼
2024 · €758
Income taxes
€6,230▼
2024 · €11,558
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 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 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,703 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €345 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,858 | €5,761 | €6,022 | €6,445 | ▲ 7.0% |
| Other operating charges640/8 | €1,531 | €731 | €982 | €931 | ▼ 5.2% |
| Gross operating margin9900 | €69,757 | €57,653 | €63,619 | €38,455 | ▼ 39.6% |
| Operating profit (loss)9901 | €60,022 | €51,162 | €56,615 | €31,079 | ▼ 45.1% |
| Financial income75/76B | €530 | €452 | €331 | €165 | ▼ 50.0% |
| Recurring financial income75 | €530 | €452 | €331 | €165 | ▼ 50.0% |
| Financial charges65/66B | €912 | €423 | €1,628 | €1,638 | ▲ 0.6% |
| Recurring financial charges65 | €912 | €423 | €1,628 | €1,638 | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €59,640 | €51,191 | €55,317 | €29,606 | ▼ 46.5% |
| Income taxes67/77 | €10,964 | €10,387 | €11,558 | €6,230 | ▼ 46.1% |
| Profit (loss) for the period9904 | €48,675 | €40,804 | €43,759 | €23,376 | ▼ 46.6% |
| Profit (loss) for the period to be appropriated9905 | €48,675 | €40,804 | €43,759 | €23,376 | ▼ 46.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €99,542 | €145,155 | €162,250 | €81,389 | ▼ 49.8% |
| Fixed assets21/28 | €16,275 | €16,384 | €10,362 | €16,713 | ▲ 61.3% |
| Tangible fixed assets22/27 | €16,275 | €16,384 | €10,362 | €16,713 | ▲ 61.3% |
| Land and buildings22 | - | €3,753 | €2,873 | €8,475 | ▲ 195% |
| Plant, machinery and equipment23 | €1,100 | €2,226 | €1,704 | €5,665 | ▲ 233% |
| Furniture and vehicles24 | €717 | €282 | €0 | €1,124 | - |
| Leasing and similar rights25 | €14,457 | €10,121 | €5,785 | €1,449 | ▼ 74.9% |
| Current assets29/58 | €83,267 | €128,771 | €151,889 | €64,676 | ▼ 57.4% |
| Amounts receivable within one year40/41 | €27,201 | €21,199 | €28,794 | €26,282 | ▼ 8.7% |
| Trade receivables40 | €27,201 | €21,199 | €28,794 | €22,512 | ▼ 21.8% |
| Other amounts receivable41 | - | - | - | €3,770 | - |
| Cash at bank and in hand54/58 | €55,374 | €107,290 | €121,320 | €36,642 | ▼ 69.8% |
| Deferred charges and accrued income490/1 | €692 | €282 | €1,774 | €1,752 | ▼ 1.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €99,542 | €145,155 | €162,250 | €81,389 | ▼ 49.8% |
| Equity10/15 | €53,675 | €94,480 | €138,239 | €10,380 | ▼ 92.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €48,675 | €89,480 | €133,239 | €5,380 | ▼ 96.0% |
| Distributable reserves133 | €48,675 | €89,480 | €133,239 | €5,380 | ▼ 96.0% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €45,866 | €50,675 | €24,011 | €71,009 | ▲ 196% |
| Amounts payable after more than one year17 | €9,661 | €5,254 | €758 | €0 | ▼ 100% |
| Financial debts170/4 | €9,661 | €5,254 | €758 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €35,932 | €45,422 | €23,253 | €71,009 | ▲ 205% |
| Current portion of amounts payable after more than one year42 | €4,320 | €4,407 | €4,496 | €758 | ▼ 83.1% |
| Trade debts44 | €16,813 | €20,576 | €1,733 | €53 | ▼ 96.9% |
| Suppliers440/4 | €16,813 | €20,576 | €1,733 | €53 | ▼ 96.9% |
| Taxes, remuneration and social security45 | €14,754 | €20,299 | €16,885 | €16,508 | ▼ 2.2% |
| Taxes450/3 | €12,754 | €20,299 | €16,885 | €16,508 | ▼ 2.2% |
| Remuneration and social security454/9 | €2,000 | - | - | - | - |
| Other amounts payable47/48 | €45 | €140 | €140 | €53,690 | ▲ 38,360% |
| Accrued charges and deferred income492/3 | €274 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,675 | €40,804 | €43,759 | €23,376 | ▼ 46.6% |
| + Depreciation and write-downs630 | €7,858 | €5,761 | €6,022 | €6,445 | ▲ 7.0% |
| Operating cash flow (approximation) | €56,534 | €46,565 | €49,781 | €29,821 | ▼ 40.1% |
| Investment in fixed assets (approximation) | - | -€5,870 | €0 | -€12,797 | - |
| Change in cash | - | €51,916 | €14,030 | -€84,679 | ▼ 704% |
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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €23,376 ▼46.6%
Net result drops to €23,376, the lowest in the series.
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 6.53
Current ratio from 2.84 to 6.53; short-term debt falls from €45,422 to €23,253.
30-06
Financial
Equity above €100,000Eq €138,239 ▲46.3%
3 profitable years in a row build equity to €138,239.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Maaseik · 1 establishment unit since 2020
Ground area
650 m²
Building footprint
146 m²
Volume, LiDAR
584 m³
Parcel 72021B0275/00S000, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MR-Engineering
since 20202.305.948.237
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021B0275/00S000 | Flanders | 650 m² | 1 · 146 m² | 10.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 9,694 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
Founded20-08-2020
Fiscal year end30-06
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0752773151
Also
9925:BE0752773151
Registered
11-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.