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SK Engineering & Services

Active
Private limited companyfounded 2025active for 1 yearIn der Reisbach 54, 4760 Büllingen, BelgiumKBO/BCE: BE 1018.928.679
Summary

SK Engineering & Services has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,846) and a net result of -€6,846. Its solvency ranks better than 9% of 39,137 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (29 days) Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00450803.

Equity
-€3,846
Total assets
€50,761
Net result
-€6,846
Working capital
€31,320

Turnover and EBIT margin not published: the micro format does not require them.

Key figures and ratios
2025 value
EBITDA
€2,901
Cash flow
-€5,131
Solvency
-7.6%
Current ratio
2.62
ROA
-13.5%
Interest coverage
81.05
Debt
€19,329
Debt ≤ 1 year
€19,329
Income taxes
€7,996
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.2% still going

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€50,761
Formation expenses20€112
Current assets29/58€50,649
Amounts receivable within one year40/41€5,221
Other amounts receivable41€5,221
Cash at bank and in hand54/58€42,923
Deferred charges and accrued income490/1€2,506
Equity and liabilities
Total equity and liabilities10/49€50,761
Equity10/15-€3,846
Contributions10/11€3,000
Profit (loss) carried forward14-€6,846
Provisions and deferred taxes16€35,277
Provisions for liabilities and charges160/5€35,277
Other liabilities and charges164/5€35,277
Amounts payable17/49€19,329
Amounts payable within one year42/48€19,329
Trade debts44€1,507
Suppliers440/4€1,507
Taxes, remuneration and social security45€17,822
Taxes450/3€15,522
Remuneration and social security454/9€2,300
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,715
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€35,277
Gross operating margin9900€38,178
Operating profit (loss)9901€1,186
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€36
Recurring financial charges65€36
Profit (loss) for the period before taxes9903€1,150
Income taxes67/77€7,996
Profit (loss) for the period9904-€6,846
Profit (loss) for the period to be appropriated9905-€6,846
Appropriation of the result
Profit (loss) to be appropriated9906-€6,846

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,715
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€35,277
Gross operating margin9900€38,178
Operating profit (loss)9901€1,186
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€36
Recurring financial charges65€36
Profit (loss) for the period before taxes9903€1,150
Income taxes67/77€7,996
Profit (loss) for the period9904-€6,846
Profit (loss) for the period to be appropriated9905-€6,846
Line2025
Assets
Total assets20/58€50,761
Formation expenses20€112
Current assets29/58€50,649
Amounts receivable within one year40/41€5,221
Other amounts receivable41€5,221
Cash at bank and in hand54/58€42,923
Deferred charges and accrued income490/1€2,506
Equity and liabilities
Total equity and liabilities10/49€50,761
Equity10/15-€3,846
Contributions10/11€3,000
Profit (loss) carried forward14-€6,846
Provisions and deferred taxes16€35,277
Provisions for liabilities and charges160/5€35,277
Other liabilities and charges164/5€35,277
Amounts payable17/49€19,329
Amounts payable within one year42/48€19,329
Trade debts44€1,507
Suppliers440/4€1,507
Taxes, remuneration and social security45€17,822
Taxes450/3€15,522
Remuneration and social security454/9€2,300
Line2025
Profit (loss) for the period9904-€6,846
+ Depreciation and write-downs630€1,715
Operating cash flow (approximation)-€5,131

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 29-08-2026 2026-00450803

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 82,448 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,254. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.