Playground Engineering
ActiveSummary
The annual accounts of Playground Engineering for financial year 2025 show a net loss of 158% of total assets and of 68% of the equity at the start of that year. The 2025 annual accounts show equity of €17,436 and a net result of -€37,867. Equity has been shrinking by about 23% per year since 2023. If that trend continues, it turns negative around financial year 2028. Its solvency ranks better than 78% of 2,559 sector peers (NACE 71, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-10-2022 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 2 others
- Establishment unit
- 2.339.685.629 1970 Wezembeek-Oppem, since 28-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 19-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- -€35,429
- Loss
- €37,867
- Equity
- €17,436
- ▼ 68.5%
- Total assets
- €24,014
- ▼ 60.8%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsLoss of €37,867 (financial year 2025)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 3.33, cash €19,850, halvedShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 72% of them on solvency, 81% on liquidity, 4% on profitability and 7% on growth.
The bankruptcy probability was computed on 03-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 64 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)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €36,939, after a profit of €31,364 in 2024. It is the lowest result since 2023.
Securities and guarantees
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Debts guaranteed by Belgian public bodies | - | €5,726 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €734 | €3,798 | - |
| Depreciation and write-downs of the year | €80 | €835 | €1,511 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €169,853 | €128,949 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €128,611 | €96,750 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €80 | €835 | €1,511 | ▲ 81.0% |
| Other operating charges640/8 | €100 | - | - | - |
| Gross operating margin9900 | €41,243 | €32,199 | -€35,429 | - |
| Operating profit (loss)9901 | €41,062 | €31,364 | -€36,939 | - |
| Financial income75/76B | €23 | - | - | - |
| Recurring financial income75 | €23 | - | - | - |
| Financial charges65/66B | - | €632 | €600 | ▼ 5.0% |
| Recurring financial charges65 | - | €632 | €600 | ▼ 5.0% |
| Profit (loss) for the period before taxes9903 | €41,085 | €30,732 | -€37,539 | - |
| Income taxes67/77 | €11,392 | €8,123 | €328 | ▼ 96.0% |
| Profit (loss) for the period9904 | €29,693 | €22,610 | -€37,867 | - |
| Profit (loss) for the period to be appropriated9905 | €29,693 | €22,610 | -€37,867 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €39,611 | €61,230 | €24,014 | ▼ 60.8% |
| Fixed assets21/28 | €654 | €3,617 | €2,106 | ▼ 41.8% |
| Tangible fixed assets22/27 | €654 | €3,617 | €2,106 | ▼ 41.8% |
| Furniture and vehicles24 | €654 | €3,617 | €2,106 | ▼ 41.8% |
| Current assets29/58 | €38,957 | €57,612 | €21,908 | ▼ 62.0% |
| Amounts receivable within one year40/41 | €20,107 | €1,638 | €1,502 | ▼ 8.3% |
| Trade receivables40 | €19,530 | €0 | €1,207 | - |
| Other amounts receivable41 | €577 | €1,638 | €294 | ▼ 82.0% |
| Cash at bank and in hand54/58 | €18,111 | €55,974 | €19,850 | ▼ 64.5% |
| Deferred charges and accrued income490/1 | €740 | - | €555 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €39,611 | €61,230 | €24,014 | ▼ 60.8% |
| Equity10/15 | €32,693 | €55,303 | €17,436 | ▼ 68.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €29,693 | €52,303 | €52,303 | = |
| Distributable reserves133 | €29,693 | €52,303 | €52,303 | = |
| Profit (loss) carried forward14 | - | - | -€37,867 | - |
| Amounts payable17/49 | €6,918 | €5,927 | €6,579 | ▲ 11.0% |
| Amounts payable within one year42/48 | €6,918 | €5,927 | €6,579 | ▲ 11.0% |
| Trade debts44 | €2,019 | €112 | €1,309 | ▲ 12× |
| Suppliers440/4 | €821 | €112 | €1,309 | ▲ 12× |
| Bills of exchange payable441 | €1,199 | - | - | - |
| Taxes, remuneration and social security45 | €4,398 | €5,700 | €950 | ▼ 83.3% |
| Taxes450/3 | €4,398 | €5,700 | €950 | ▼ 83.3% |
| Other amounts payable47/48 | €501 | €115 | €4,320 | ▲ 37× |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,693 | €22,610 | -€37,867 | - |
| + Depreciation and write-downs630 | €80 | €835 | €1,511 | ▲ 81.0% |
| Operating cash flow (approximation) | €29,773 | €23,445 | -€36,356 | - |
| Investment in fixed assets (approximation) | - | -€3,798 | €0 | - |
| Change in cash | - | €37,863 | -€36,123 | - |
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, 3,223 companies had the same profile as Playground Engineering has now. Two years later, 87.7% were still going and 3.4% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Playground Engineering itself is lower: 0.2% within 12 months. It rests on far more data about Playground 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 3,223 companies, not a prediction for Playground 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.
Board & ownership
Directors
Owners and capital
Shareholders
- ROJAS AYALA Danilo 100 shares (100%) · €3,000
Capital transactions
- 14-03-2025 Incorporation · €3,000
- 03-11-2022 Incorporation · €3,000 · 100 shares
Network & group
Playground Engineering shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Playground Engineering. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
14-03
Gazette deed
Registered office moved from Ukkel to Wezembeek-OppemNew seat: 1970 Wezembeek-Oppem, Kollebloemenlaan 7 · Previous seat: 1180 Ukkel, Kersbeeklaan 308 · Founding capital10 points ▸
- Founding capital, €3,000
- Capital
- Power of attorney
- Other provision, “BE 0792.995.784, 1180 Ukkel,Kersbeeklaan 308” (deed in Dutch)
- Other provision, 05-03-2025
- General meeting, 27-02-2025
- Registered-office move, 1970 Wezembeek-Oppem,Kollebloemenlaan 7
- Other provision, “verslag wijziging voorwerp, dossier ondergetekende Notaris” (deed in Dutch)
- Purpose change
- Amendment of the articles
03-11
Gazette deed
IncorporationStarting capital €3,000 · Appointment: ROJAS AYALA Danilo (director) · Permanent representative: ROJAS AYALA Danilo · Founder13 points ▸
- Other provision, “capacité du comparant” (deed in French)
- Other provision, “attestation de gestion, attestation de gestion délivrée par le Guichet d’Entreprises à la personne physique chargée de la gestion journalière avant tout début d…” (deed in French)
- Other provision, “plan financier et responsabilité du fondateur, fondateur” (deed in French)
- Founder, ROJAS AYALA Danilo
- Incorporation, “constat authentique des statuts, article 2:6 §1 du Code des Sociétés et des Associations” (deed in French)
- Founding capital, €3,000
- Capital, €3,000
- General meeting, “fixer le nombre d'administrateurs et des commissaires procéder à la nomination des administrateurs non statutaires et du commissaire et fixer la première assemb…” (deed in French)
- Board rule, 1
- Director appointment, ROJAS AYALA Danilo (director)
- Permanent representative, ROJAS AYALA Danilo
- Registered office clause, “avenue Kersbeek 308 à 1180 Bruxelles” (deed in French)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 28 October 2022, Playground Engineering was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2025 the registered office moved to Wezembeek-Oppem.3 ROJAS AYALA Danilo has served as director since 2022.4 Total assets went from €39,611 in 2023 to €24,014 in 2025.5
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 1180 Ukkel until 27-02-2025 · act of 14-03-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
10 activities
- Het verlenen van ingenieursadvies op het gebied van onderzoek en ontwikkeling van consumentenproducten en industriële toepassingen.
- Alle activiteiten die direct of indirect verband houden met industrieel ontwerp/design.
- Alle activiteiten die direct of indirect verband houden met technische adviezen, met uitzondering van landmeters.
- Alle IT-diensten: ontwerp, productie, verkoop, in- en uitvoer, vertegenwoordiging, verhuur, leasing en onderhoud op het gebied van IT, elektronica en multimedia, alsmede programma's voor IT- en elektronische machines, IT-, multimedia- en audiovisuele apparatuur.
- Consultancy en auditing voor elke natuurlijke of rechtspersoon die dergelijke diensten nodig heeft, evenals consultancy op het gebied van bedrijfsstrategie op gebieden als IT, e-commerce, marketing en management.
- Exploitatie en licentiëring van alle patenten, handelsmerken, licenties en knowhow met betrekking tot IT en IT-engineering en engineering.
- Adviesdiensten op het gebied van engineeringonderzoek en engineeringontwikkeling, met inbegrip van, maar niet beperkt tot, industriële toepassingen, consumentenproducten, ontwerp en productie van alle soorten land-, lucht-, ruimte- of zeevoertuigen en hun subsystemen.
- Ontwerp, ontwikkeling, productie en marketing van gepatenteerde technologieën.
- De ontwikkeling van intellectuele eigendom en de exploitatie van alle rechten die daaruit voortvloeien, hetzij door licentiëring of verkoop van dergelijke eigendomsrechten.
- De aankoop, verkoop, ruil, beheer, ontwikkeling, optieverlening, leasing of onderverhuur van gebouwd of onbebouwd onroerend goed, en in het bijzonder de bouw, het onderhoud, de herstelling, de verbouwing, de renovatie, de restauratie en de sloop van dergelijk onroerend goed, evenals alle taxatie-, verkavelings-, vastgoedontwikkelings- en bouwwerken, grond- en wegenwerken, en de aankoop, verkoop en vertegenwoordiging van bouwmaterialen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22302D0087/00H011 | Flanders | 403 m² | 1 · 94 m² | 10.4 m · 2 |