Skip to content

NGen Belgium

Active
Private limited companyfounded 2020active for 6 yearsLouizalaan 485, 1050 Brussel, BelgiumKBO/BCE: BE 0742.694.059
Summary

NGen Belgium has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €703,655 and a net result of €699,027. Equity has been growing by about 43% per year since 2020. Its solvency ranks better than 46% of 892 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-01-2020 Normal situation
Registered office
31 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Engineering and related technical consultancy, excluding land surveyors NACE 71121and 1 other
Establishment unit
2.299.836.940 1050 Elsene, since 30-01-2020
Financial year end
31 December
Peppol
Reachable since 19-06-2025

Board and ownership

Board
  • Lion NicolasDirector
  • Ngen Group S. Etr.Director

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€3.0m
▲ 25.3%
Turnover
≈ €5.2m
estimated
Profit
€699,027
▲ 42.6%
Equity
€703,655
▲ 39.4%
Total assets
€1.9m
▲ 26.5%
Employees on 31-12-2025
36
▲ 12.5%
Filed on 08-06-2026, 53 days before the deadline
Score breakdownraises riskSize: 34 FTE, total assets €1.9mlowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Figures for financial year 2025 (filed on 10-06-2026)Profit of €699,027 (financial year 2025)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of small companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency 63+4
equity 37.6% of total assets
Liquidity 26-2
short-term debt 62.4% · cash 7.3%
Profitability 100=
return on assets 37.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (690 companies, NACE 71, small)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.4 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026highest value 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.4 percentage points vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.57 (1.48 in 2024), above the usual 1.5. Short-term debt is 62.4% and cash 7.3% of total assets. However, 62.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, small). It does better than 46% of them on solvency, 16% on liquidity, 96% on profitability and 88% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Figures for financial year 2025 (filed on 10-06-2026)
NBB · annual accounts
lowers risk · Profit of €699,027 (financial year 2025)
NBB · annual accounts
raises risk · Size: 34 FTE, total assets €1.9m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 08-06-2026, 53 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
53 days early
2024
23 days early
2023
21 days early
2022
3 days late
2021
30 days early
2020
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 18 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 85% of companies in architecture and engineeringsector median €35,976 · 894 companies €699,027 View
  • Positive: Result rose in 2025from €490,218 to €699,027 ▲ 42.6% View
  • Positive: 5 profitable years in a rowprofit 2025: €699,027 5 years View

Comparable companies

These companies have the same main activity as NGen Belgium: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €1.6m and €2.7m, founded between 2017 and 2021.

CompanyTotal assetsGross margin
NGen Belgium Brussel€1.9m€3.0m
Nemac Antwerpen€1.8m€2.8m
PREVOM Rumst€1.6m€3.3m
Expleo Belgium Elsene€2.4m€3.3m
RESULTANCE BELGIUM Sint-Pieters-Woluwe€1.7m€2.3m
LiNK Engineering Group Antwerpen€2.7m€3.5m
Eniris Gent€2.2m€2.6m
Full comparison

Key facts about NGen Belgium

What is the company number of NGen Belgium?
The company number of NGen Belgium is 0742.694.059. The VAT number is the same number with BE in front: BE 0742.694.059.
Where is NGen Belgium based?
The registered office is at Louizalaan 485, 1050 Brussel.Company details
What does NGen Belgium 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 NGen Belgium?
The legal form of NGen Belgium is Private limited company (BV).
When was NGen Belgium founded?
NGen Belgium was founded on 30-01-2020.
Is NGen Belgium still active?
Yes, NGen Belgium is an active enterprise in the KBO register.
How many employees does NGen Belgium have?
NGen Belgium had an average of 34 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NGen Belgium?
The turnover in financial year 2025 is ≈ €5.2m. This figure is estimated from the gross margin of €3.0m and 1,586 comparable companies of the same size. It probably lies between €3.5m and €8.5m. It is a rough estimate.
Is NGen Belgium profitable?
In financial year 2025, NGen Belgium made a profit of €699,027.
Where can I find the annual accounts of NGen Belgium?
NGen Belgium filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NGen Belgium due?
NGen Belgium 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.