Equity
€40,360 from €138,294 in 2020
Equity fell by 71% in 5 years.
NG Engineering
Lifetime
8 annual accounts with figures on one time axispeak €396,013 (2025)
€396,013▲ 26.8%
peak €301,773 (2025)
€301,773▲ 26.6%
peak €138,294 (2020)
€40,360unchanged
€652,293▲ 25.5%
Board1 name since 2018
1 director
Documentsfilings and deeds
11-05-202681 days before the deadline
2025micro format
Gross margin from €312,327 to €396,013Result from €238,458 to €301,773Dividend €301,773Debts from €519,652 to €652,293Cash from €5,094 to €25,563
Key points
from the 2025 annual accountsResult
€301,773 ▲ 26.6%
The result rose in 2025 from €238,458 to €301,773.
Turnover
≈ €990,000 estimated
The micro format states no turnover.
Debts
€652,293 94% of the balance sheet
Suppliers 0%Taxes and wages 7%Other 93%
Filings
8 annual accounts 2 late
The 2020 accounts came latest: 30 days after the end of the period.
Position in the sector
5.8%
Lower solvency than 87% of companies in architecture and engineering. Sector median 54.0% · 12,247 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 875 companies had the same profile as NG Engineering has now. Each dot stands for 3 companies, two years later.
96.6%
were still trading
1.9%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 875 companies, not a prediction for NG 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0695942039
Appointment: (director)
holds all the shares · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 11-10-2023 · Gazette deed
Incorporation
Founding capital of €18,600, 186 shares, €12,400 paid up · Founder: (comparant) · Appointment: (manager) · published on 17-05-2018 · Gazette deed
First establishment
Rue de la Tour Carrée 354, Andenne
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NG Engineering Andenne | €692,653 | €396,013 | 5.8% | - |
| AIRX Merelbeke-Melle | €760,218 | €415,301 | 24.5% | 6 |
| KSN SERVICES Waregem | €614,948 | €326,602 | 13.3% | - |
| RST CONSULT Momignies | €838,769 | €373,773 | 7.8% | 1 |
| SOLOR Mettet | €778,190 | €434,907 | 8.2% | - |
| CORENOVE Namur | €923,123 | €372,551 | 71.5% | - |
| MG RESIDENTIAL Ghent | €570,698 | €425,905 | 73.0% | 3 |
These companies have the same main activity as NG Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €571,000 and €923,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 15-05-2018Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 3 others
- Establishment unit
- 2.275.844.2865300 Andenne, since 15-05-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Annual accounts 2025
- €692,653▲ 23.7%
- Filing
- Filed on 11-05-2026, 81 days before the end of the filing period
Insights on NG Engineering
NG Engineering files the micro format. That format states no turnover. The gross margin rose from €17,756 in 2018 to €396,013 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 NG Engineering
- What is the company number of NG Engineering?
- The company number of NG Engineering is 0695.942.039. The VAT number is the same number with BE in front: BE 0695.942.039.
- Where is NG Engineering based?
- The registered office is at Rue de la Tour Carrée 354, 5300 Andenne.Company details
- What does NG 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 NG Engineering?
- NG Engineering is a private limited company (BV).
- When was NG Engineering founded?
- NG Engineering was founded on 15-05-2018.
- Is NG Engineering still active?
- Yes, NG Engineering is an active enterprise in the KBO register.
- What is the turnover of NG Engineering?
- The turnover in financial year 2025 is ≈ €990,000. This figure is estimated from the gross margin of €396,013 and 40 comparable companies (NACE 711). It probably lies between €690,000 and €1.3m.Financials
- Is NG Engineering profitable?
- In financial year 2025, NG Engineering made a profit of €301,773.
- Where can I find the annual accounts of NG Engineering?
- NG Engineering filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NG Engineering due?
- NG Engineering must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.