Omega Engineering
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 27 days after the deadline Filed on 27 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00045016.
Annual accounts 2025 filed on 27-02-2026 PDF all 8 filings
Turnover
≈ €16,000
Estimated: probably between €7,800 and €32,000
Total assets
€6,694▲ 33.4%
2024 · €5,017
Net result
€2,063
2024 · -€8,570
Working capital
-€18,390▲ 10.2%
2024 · -€20,479
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€2,403
2025
20192025
Net result
€2,063
2025
lowest quarter of the sector
20192025
Equity
-€20,990
▲ 8.9%
2025
lowest quarter of the sector
20192025
Total assets
€6,694
▲ 33.4%
2025
lowest quarter of the sector
20192025
Debt
€27,684
▼ 1.4%
2025
20192025
Working capital
-€18,390
▲ 10.2%
2025
lowest quarter of the sector
20192025
Solvency
-313.6%
▲ 145.9pp
2025
lowest quarter of the sector
20192025
Current ratio
0.27
▲ 0.07
2025
lowest quarter of the sector
20192025
Return on assets (ROA)
30.8%
▲ 201.6pp
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€2,629-€5,359▲ 104%€5,919▲ 10.4%-€2,199-€706▲ 67.9%-€4,949▼ 601%€2,403
Net result€2,008-€4,944within the sector's middle half▲ 146%€5,580within the sector's middle half▲ 12.8%-€3,018below the sector's middle half-€1,071below the sector's middle half▲ 64.5%-€8,570below the sector's middle half▼ 700%€2,063below the sector's middle half
Equity-€20,919--€15,974below the sector's middle half▲ 23.6%-€10,394below the sector's middle half▲ 34.9%-€13,413below the sector's middle half▼ 29.0%-€14,484below the sector's middle half▼ 8.0%-€23,053below the sector's middle half▼ 59.2%-€20,990below the sector's middle half▲ 8.9%
Total assets€14,887-€19,180below the sector's middle half▲ 28.8%€24,184below the sector's middle half▲ 26.1%€23,477below the sector's middle half▼ 2.9%€18,832below the sector's middle half▼ 19.8%€5,017below the sector's middle half▼ 73.4%€6,694below the sector's middle half▲ 33.4%
Debt€35,806-€35,154▼ 1.8%€34,578▼ 1.6%€36,890▲ 6.7%€33,315▼ 9.7%€28,071▼ 15.7%€27,684▼ 1.4%
Working capital-€20,388--€15,805below the sector's middle half▲ 22.5%-€15,955below the sector's middle half▼ 1.0%-€17,287below the sector's middle half▼ 8.4%-€12,184below the sector's middle half▲ 29.5%-€20,479below the sector's middle half▼ 68.1%-€18,390below the sector's middle half▲ 10.2%
Solvency-140.5%--83.3%below the sector's middle half▲ 57.2pp-43.0%below the sector's middle half▲ 40.3pp-57.1%below the sector's middle half▼ 14.2pp-76.9%below the sector's middle half▼ 19.8pp-459.5%below the sector's middle half▼ 382.6pp-313.6%below the sector's middle half▲ 145.9pp
Current ratio0.42-0.55below the sector's middle half▲ 0.130.54below the sector's middle half▼ 0.010.49below the sector's middle half▼ 0.040.60below the sector's middle half▲ 0.110.20below the sector's middle half▼ 0.410.27below the sector's middle half▲ 0.07
Return on assets (ROA)13.5%-25.8%above the sector's middle half▲ 12.3pp23.1%within the sector's middle half▼ 2.7pp-12.9%below the sector's middle half▼ 35.9pp-5.7%below the sector's middle half▲ 7.2pp-170.8%below the sector's middle half▼ 165.1pp30.8%within the sector's middle half▲ 201.6pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €2,403, after a loss of €4,949 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
EBITDA
€2,429▲
2024 · -€4,505
Cash flow
€2,089▲
2024 · -€8,126
Interest coverage
7.14▲
2024 · -1.23
Debt ≤ 1 year
€25,084▼
2024 · €25,471
Debt > 1 year
€2,600=
2024 · €2,600
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €1,333 | - | - | - |
| Depreciation and write-downs of the year | €419 | €444 | €444 | €26 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €299 awarded · €299 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €126 |
| 2024 | 1 | €126 | €90 |
| 2023 | 1 | €90 | €0 |
| 2022 | 1 | €83 | €83 |
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €135 | €135 | €0 | €419 | €444 | €444 | €26 | ▼ 94.2% |
| Other operating charges640/8 | - | - | - | €414 | €888 | €4,371 | €1,026 | ▼ 76.5% |
| Non-recurring operating charges66A | - | - | - | €125 | €0 | - | - | - |
| Gross operating margin9900 | €2,893 | €6,602 | €6,641 | -€1,241 | €626 | -€134 | €3,455 | - |
| Operating profit (loss)9901 | €2,629 | €5,359 | €5,919 | -€2,199 | -€706 | -€4,949 | €2,403 | - |
| Financial income75/76B | - | - | - | - | - | €31 | €0 | ▼ 100% |
| Recurring financial income75 | €10 | €0 | €0 | - | - | €31 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €255 | €715 | €3,652 | €340 | ▼ 90.7% |
| Recurring financial charges65 | €631 | €415 | €339 | €255 | €715 | €3,652 | €340 | ▼ 90.7% |
| Profit (loss) for the period before taxes9903 | €2,008 | €4,944 | €5,580 | -€2,454 | -€1,421 | -€8,570 | €2,063 | - |
| Income taxes67/77 | - | - | - | €565 | -€350 | €0 | - | - |
| Profit (loss) for the period9904 | €2,008 | €4,944 | €5,580 | -€3,018 | -€1,071 | -€8,570 | €2,063 | - |
| Profit (loss) for the period to be appropriated9905 | €2,008 | €4,944 | €5,580 | -€3,018 | -€1,071 | -€8,570 | €2,063 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €14,887 | €19,180 | €24,184 | €23,477 | €18,832 | €5,017 | €6,694 | ▲ 33.4% |
| Fixed assets21/28 | €135 | €0 | €5,730 | €6,644 | €470 | €26 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €135 | €0 | - | €914 | €470 | €26 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €914 | €470 | €26 | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | €5,730 | €5,730 | €0 | - | - | - |
| Current assets29/58 | €14,752 | €19,180 | €18,454 | €16,833 | €18,362 | €4,992 | €6,694 | ▲ 34.1% |
| Amounts receivable within one year40/41 | €60 | €4,241 | €3,660 | €1,609 | €422 | €4,579 | €5,892 | ▲ 28.7% |
| Trade receivables40 | - | - | - | €1,549 | €362 | €4,519 | €5,831 | ▲ 29.1% |
| Other amounts receivable41 | - | - | - | €60 | €60 | €60 | €60 | = |
| Cash at bank and in hand54/58 | €6 | €254 | €109 | €538 | €3,255 | €84 | €802 | ▲ 860% |
| Deferred charges and accrued income490/1 | - | - | - | €14,685 | €14,685 | €330 | €0 | ▼ 100% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €14,887 | €19,180 | €24,184 | €23,477 | €18,832 | €5,017 | €6,694 | ▲ 33.4% |
| Equity10/15 | -€20,919 | -€15,974 | -€10,394 | -€13,413 | -€14,484 | -€23,053 | -€20,990 | ▲ 8.9% |
| Contributions10/11 | €12,400 | - | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€33,319 | -€28,374 | -€22,794 | -€25,813 | -€26,884 | -€35,453 | -€33,390 | ▲ 5.8% |
| Amounts payable17/49 | €35,806 | €35,154 | €34,578 | €36,890 | €33,315 | €28,071 | €27,684 | ▼ 1.4% |
| Amounts payable after more than one year17 | €496 | €0 | - | €2,600 | €2,600 | €2,600 | €2,600 | = |
| Financial debts170/4 | - | - | - | €2,600 | €2,600 | €2,600 | €2,600 | = |
| Amounts payable within one year42/48 | €35,140 | €34,985 | €34,409 | €34,120 | €30,546 | €25,471 | €25,084 | ▼ 1.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €852 | €0 | - | - | - |
| Trade debts44 | €849 | €4,406 | €5,084 | €6,117 | €5,594 | €15,024 | €14,562 | ▼ 3.1% |
| Suppliers440/4 | - | - | - | €6,117 | €5,594 | €15,024 | €14,562 | ▼ 3.1% |
| Advances received on contracts in progress46 | - | - | - | €18,030 | €18,030 | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €888 | €6,404 | €10,447 | €6,197 | ▼ 40.7% |
| Taxes450/3 | - | - | - | €888 | €6,404 | €9,014 | €6,197 | ▼ 31.3% |
| Remuneration and social security454/9 | - | - | - | - | - | €1,433 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €8,233 | €518 | €0 | €4,325 | - |
| Accrued charges and deferred income492/3 | - | - | - | €170 | €170 | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,008 | €4,944 | €5,580 | -€3,018 | -€1,071 | -€8,570 | €2,063 | - |
| + Depreciation and write-downs630 | €135 | €135 | €0 | €419 | €444 | €444 | €26 | ▼ 94.2% |
| Operating cash flow (approximation) | €2,143 | €5,080 | €5,580 | -€2,600 | -€627 | -€8,126 | €2,089 | - |
| Investment in fixed assets (approximation) | - | €0 | -€5,730 | -€1,333 | €5,730 | €0 | €0 | - |
| Change in cash | - | €248 | -€145 | €430 | €2,716 | -€3,171 | €719 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,632 companies had the same profile as Omega Engineering has now. Two years later, 91.8% were still going and 2.9% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
91.8%
was still going
4.8%
stopped otherwise
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Omega Engineering itself is lower: 0.1% within 12 months. It rests on far more data about Omega Engineering than the profile alone.
Test of the method
The method was tested on the 497,446 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 | 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 3,632 companies, not a prediction for Omega 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.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 27-02-2026 | 2026-00045016 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00027000 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00017407 | |
| 30-06-2022 | micro format | 15-12-2023 | 2023-00529250 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-04000393 | |
| 30-06-2020 | micro format | 31-01-2022 | 2022-04300230 | |
| 30-06-2019 | micro format | 09-04-2020 | 2020-09000295 | |
| 30-06-2017 | abbreviated format | 04-01-2018 | 2018-00300494 |