OVERSTEYNS ENGINEERING
OVERSTEYNS ENGINEERING has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €117k and a net result of €31k. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 11619 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €117k |
| Net result | €31k |
| Better than sector | 79% |
| Active | 19 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.2% | 54.7% | |
| Net result | €31k | €15k | |
| Equity | €117k | €67k | |
| Gross operating margin | €53k | €40k | |
| Staff costs | €6 | €31k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €52k | €27k | €4k |
| Net profit | €31k | €25k | €-12k |
| Cash flow | €37k | €30k | €-7k |
| Staff costs | €6 | €36 | - |
| Income taxes | €13k | €-2k | €10k |
| Dividends | €859 | - | - |
| Total assets | €146k | €104k | €73k |
| Equity | €117k | €87k | €62k |
| Debt | €29k | €17k | €11k |
| of which ≤ 1y | €29k | €17k | €11k |
| of which > 1y | - | - | - |
| Working capital | €58k | €79k | €50k |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 3.02 | 5.64 | 5.60 |
| Quick ratio | 3.02 | 5.64 | 5.60 |
| Working capital ratio | 40.0% | 76.2% | 68.2% |
| Solvency | 80.2% | 83.6% | 85.2% |
| Debt / equity | 0.25 | 0.20 | 0.17 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 18.90 | 22.74 | 2.61 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 21.0% | 24.0% | -15.9% |
| ROE | 26.2% | 28.7% | -18.6% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €146k | €104k | €73k |
| Fixed assets | 21/28 | €58k | €8k | €12k |
| Intangible fixed assets | 21 | €0 | €0 | €0 |
| Tangible fixed assets | 22/27 | €58k | €8k | €12k |
| Current assets | 29/58 | €87k | €96k | €60k |
| Amounts receivable within one year | 40/41 | €55k | €76k | €36k |
| Cash & bank | 54/58 | €26k | €14k | €16k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €146k | €104k | €73k |
| Equity | 10/15 | €117k | €87k | €62k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €98k | €68k | €43k |
| Amounts payable | 17/49 | €29k | €17k | €11k |
| Amounts payable within one year | 42/48 | €29k | €17k | €11k |
| Trade debts payable within one year | 44 | €0 | €3k | €448 |
| Income statement | ||||
| Gross operating margin | 9900 | €53k | €27k | €5k |
| Operating result | 9901 | €46k | €22k | €110 |
| Financial income | 75 | €0 | €3k | - |
| Financial charges | 65 | €3k | €1k | €2k |
| Result before taxes | 9903 | €43k | €23k | €-2k |
| Income taxes | 67/77 | €13k | €-2k | €10k |
| Net result for the period | 9904 | €31k | €25k | €-12k |
| Result to be appropriated | 9905 | €31k | €25k | €-12k |
| NACE primary | Engineering and related technical consultancy, excluding land surveyors(71121) |
| Legal form | Private limited company(610) |
| Incorporation | 20-03-2007 |
| Status | Active |
| Postal code | 3051 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24100B0138/00X004 | Flanders | 640 m² | 1 · 100 m² | 0.2 m |
| 24100B0545/00M000 | Flanders | 348 m² | 1 · 118 m² | - |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
08-03-2023 Change in the board of directors
Technical details
{
"events": [
{
"kind": "correction",
"role": null,
"person": null,
"reason": null,
"subkind": "rectification",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "EERSTE BESLUIT - Vaststelling wijziging huisnummer in de zetel van de vennootschap",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Dirk SERESIA",
"firm_city": null,
"firm_name": null,
"office_city": "Pelt",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-03-08",
"filing_date": "2023-03-06",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-03-02",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0888.086.765",
"name_full": "OVERSTEYNS ENGINEERING",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Dirk Seresia",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"expeditie van de akte- geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | OVERSTEYNS ENGINEERING |