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P-Engineering

Active Private limited companyfounded 2011active for 15 yearsPriesterage 10, 9140 TemseKBO/BCE: BE 0834.476.548

Lifetime

14 annual accounts with figures on one time axis
peak €70,906 (2014)
€4,922▲ 276%
lowest -€41,582 (2018)
-€9,632▼ €9,714
peak €91,201 (2015)
€10,670▼ 47.4%
€49,780▼ 19.7%
Board2 names since 2021
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €1,308 to €4,922Loss of €9,632New director 07-11Equity from €20,301 to €10,670Debts from €62,021 to €49,780Cash from €2,891 to €1,743

Key points

from the 2025 annual accounts

Equity

€10,670 from €91,201 in 2015

Equity fell by 88% in 10 years.

Debts

€49,780 82% of the balance sheet
Suppliers 0%Taxes and wages 1%Other 99%

Position in the sector

-€9,632

Lower net result than 90% of companies in architecture and engineering. Sector median €16,709 · 11,795 companies.

Checked score

79
Excellent
Financially stronger than 10% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.5 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Weak

43-7equity 17.7% of total assets
8-6short-term debt 82.3% · cash 2.9%
0-28return on assets -15.9%

Score breakdown

raises risk
Loss of €9,632 (financial year 2025)
Liquidity: current ratio 1.21, cash €1,743
lowers risk
Size: total assets €60,450
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
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, micro). It does better than 21% of them on solvency, 4% on liquidity, 4% on profitability and 11% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 1,294 companies had the same profile as P-Engineering has now. Each dot stands for 4 companies, two years later.

89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of P-Engineering itself is lower: 0.4% within 12 months. It rests on far more data about P-Engineering than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,294 companies, not a prediction for P-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 of up to €500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.21 (1.32 in 2024), below the usual 1.5. Short-term debt is 82.3% and cash 2.9% of total assets. 82.3% of the assets are financed with debt and provisions.

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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €60,450
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €9,632 (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Liquidity: current ratio 1.21, cash €1,743
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 11794 sector peers (2025).
NBB · sector comparison
Position among 11794 sector peers
Solvency
better than 20%
← weakest strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
28 days late
2023
29 days late
2022
30 days late
2021
37 days early
2020
27 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days after 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 28 August (4 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
09-11-2026 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

Board and ownership

JR
Director, since 19-09-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0834476548
New director Jekaterina Rogozinska appointed, Philip Verschuren resigned · Director discharge: Philip Verschuren (director (not named in the articles)) · General meeting of 19-09-2025 · Gazette deed
Appointment: VERSCHUREN Philip Frans Maria (director) Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Incorporation published on 24-03-2011 · Gazette deed
All 25 events

Comparable companies

same main activity, similar in size and age
Company
P-Engineering Temse €60,450 €4,922 17.7% -
De.Be.Ro.Projects Temse €79,315 €4,779 98.8% -
Steepi Lochristi €59,303 €6,863 81.6% -
Innovated Engineering Consultancy Oudenaarde €80,304 €5,761 90.7% -
PARALLELES Flémalle €52,388 €6,374 97.0% -
VEMATECH Merksplas €66,789 €6,236 90.7% -
Studiebureel Van Dam Niel €56,216 €4,260 88.2% -

These companies have the same main activity as P-Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €52,400 and €80,300, founded between 2006 and 2014.

Official details

Source: KBO
Status
Active since 14-03-2011Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Establishment unit
2.199.520.2339140 Temse, since 14-03-2011
Financial year end
31 December
Peppol
Reachable since 26-11-2025
Company details

Annual accounts 2025

≈ €22,000estimated
€60,450▼ 26.6%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on P-Engineering

P-Engineering files the micro format. That format states no turnover. The gross margin fell from €66,970 in 2012 to €4,922 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 P-Engineering

What is the company number of P-Engineering?
The company number of P-Engineering is 0834.476.548. The VAT number is the same number with BE in front: BE 0834.476.548.
Where is P-Engineering based?
The registered office is at Priesterage 10, 9140 Temse.Company details
What does P-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 P-Engineering?
P-Engineering is a private limited company (BV).
When was P-Engineering founded?
P-Engineering was founded on 14-03-2011.
Is P-Engineering still active?
Yes, P-Engineering is an active enterprise in the KBO register.
What is the turnover of P-Engineering?
The turnover in financial year 2025 is ≈ €22,000. This figure is estimated from the gross margin of €4,922 and 30 comparable companies (NACE 71121). It probably lies between €15,000 and €42,000. It is a rough estimate.Financials
Is P-Engineering profitable?
In financial year 2025, P-Engineering made a loss of €9,632.
Where can I find the annual accounts of P-Engineering?
P-Engineering filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P-Engineering due?
P-Engineering must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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