TRACTEBEL ENGINEERING
ActiveSummary
TRACTEBEL ENGINEERING has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176.4m and a net result of €12.3m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
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Signals
This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
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History
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 491 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.
- Large
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 491 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €238.7m | €238.4m | €273.5m | €318.9m | €353.6m | ▲ 10.9% |
| Turnover70 | €230.4m | €224.3m | €253.6m | €300.9m | €332.1m | ▲ 10.4% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | -€4.2m | €807,615 | €7.8m | -€4.6m | -€1.6m | ▲ 65.6% |
| Other operating income74 | €12.6m | €13.3m | €12.1m | €22.6m | €20.5m | ▼ 9.2% |
| Non-recurring operating income76A | - | - | - | - | €2.6m | - |
| Operating charges60/66A | €247.4m | €254.5m | €271.9m | €310.7m | €333.2m | ▲ 7.3% |
| Goods for resale, raw materials and consumables60 | €89,323 | €79,973 | €35,312 | €16,367 | €5,002 | ▼ 69.4% |
| Purchases600/8 | €74,301 | €26,252 | €29,641 | €22,461 | €7,717 | ▼ 65.6% |
| Change in stocks: decrease (increase)609 | €15,022 | €53,720 | €5,671 | -€6,094 | -€2,714 | ▲ 55.5% |
| Services and other goods61 | €113.8m | €112.5m | €128.8m | €145.1m | €144.5m | ▼ 0.4% |
| Remuneration, social security and pensions62 | €129.6m | €125.3m | €135.6m | €154.4m | €176.9m | ▲ 14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3.5m | €1.9m | €2.9m | €2.9m | €3.6m | ▲ 24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€186,416 | -€4.6m | €724,267 | -€1.1m | €3.1m | ▲ 393% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€55,366 | -€326,420 | -€114,060 | -€12,758 | €3.7m | ▲ 29,393% |
| Other operating charges640/8 | €1.6m | €9.1m | €675,601 | €489,144 | €1.0m | ▲ 106% |
| Non-recurring operating charges66A | -€888,754 | €10.5m | €3.3m | €8.9m | €365,635 | ▼ 95.9% |
| Operating profit (loss)9901 | -€8.7m | -€16.1m | €1.7m | €8.2m | €20.4m | ▲ 147% |
| Financial income75/76B | €6.3m | €2.6m | €6.4m | €9.9m | €7.0m | ▼ 29.3% |
| Recurring financial income75 | €6.3m | €2.6m | €6.4m | €7.7m | €7.0m | ▼ 8.9% |
| Income from financial fixed assets750 | €1.0m | €88,309 | €804,072 | €23 | €320,344 | ▲ 1,395,736% |
| Income from current assets751 | €167,339 | €254,225 | €4.8m | €6.6m | €4.7m | ▼ 28.8% |
| Other financial income752/9 | €5.1m | €2.3m | €781,256 | €1.0m | €1.9m | ▲ 87.6% |
| Non-recurring financial income76B | - | - | - | €2.2m | - | - |
| Financial charges65/66B | €3.4m | €1.6m | €1.6m | €1.6m | €4.3m | ▲ 163% |
| Recurring financial charges65 | €3.4m | €1.6m | €1.6m | €1.2m | €2.6m | ▲ 124% |
| Debt charges650 | €594,225 | €214,677 | €0 | - | €2,817 | - |
| Other financial charges652/9 | €2.8m | €1.4m | €1.6m | €1.2m | €2.6m | ▲ 124% |
| Non-recurring financial charges66B | €15,174 | - | - | €467,354 | €1.7m | ▲ 263% |
| Profit (loss) for the period before taxes9903 | -€5.8m | -€15.1m | €6.5m | €16.5m | €23.0m | ▲ 39.9% |
| Income taxes67/77 | €879,053 | €410,967 | €7.5m | €12.3m | €10.7m | ▼ 12.7% |
| Taxes670/3 | €973,828 | €425,537 | €7.5m | €12.4m | €10.7m | ▼ 13.5% |
| Tax adjustments and reversals of tax provisions77 | €94,774 | €14,570 | €35,637 | €105,503 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€6.7m | -€15.5m | -€998,662 | €4.2m | €12.3m | ▲ 193% |
| Transfer from tax-exempt reserves789 | €744,000 | - | €317,758 | - | - | - |
| Transfer to tax-exempt reserves689 | - | €197,326 | €997,770 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€5.9m | -€15.7m | -€1.7m | €4.2m | €12.3m | ▲ 193% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €313.0m | €290.6m | €311.7m | €336.5m | €350.5m | ▲ 4.2% |
| Fixed assets21/28 | €33.8m | €28.0m | €27.4m | €24.3m | €21.6m | ▼ 11.2% |
| Intangible fixed assets21 | €18.9m | €16.1m | €16.1m | €15.1m | €12.1m | ▼ 19.6% |
| Tangible fixed assets22/27 | €1.5m | €2.3m | €1.3m | €2.7m | €3.1m | ▲ 14.7% |
| Land and buildings22 | €155,744 | €153,911 | €152,078 | €942,479 | €1.1m | ▲ 21.9% |
| Furniture and vehicles24 | €1.2m | €606,356 | €283,271 | €1.8m | €1.9m | ▲ 10.8% |
| Assets under construction and advance payments27 | €165,066 | €1.5m | €853,510 | €0 | - | - |
| Financial fixed assets28 | €13.4m | €9.5m | €9.9m | €6.5m | €6.4m | ▼ 2.6% |
| Affiliated companies280/1 | €13.1m | €9.2m | €9.7m | €6.2m | €6.1m | ▼ 2.3% |
| Participating interests280 | €4.8m | €4.8m | €5.1m | €2.4m | €3.8m | ▲ 56.8% |
| Amounts receivable281 | €8.3m | €4.4m | €4.5m | €3.8m | €2.3m | ▼ 39.4% |
| Other financial fixed assets284/8 | €315,784 | €299,289 | €282,458 | €279,569 | €257,824 | ▼ 7.8% |
| Shares284 | €151,572 | €151,572 | €151,572 | €151,572 | €151,572 | = |
| Amounts receivable and cash guarantees285/8 | €164,212 | €147,718 | €130,886 | €127,997 | €106,252 | ▼ 17.0% |
| Current assets29/58 | €279.2m | €262.6m | €284.3m | €312.2m | €329.0m | ▲ 5.4% |
| Stocks and contracts in progress3 | €24.3m | €25.1m | €32.7m | €28.3m | €25.7m | ▼ 9.3% |
| Stocks30/36 | €82,743 | €29,023 | €36,039 | €29,376 | €32,416 | ▲ 10.3% |
| Raw materials and consumables30/31 | €82,743 | €29,023 | €36,039 | €29,376 | €32,416 | ▲ 10.3% |
| Contracts in progress37 | €24.2m | €25.0m | €32.6m | €28.2m | €25.6m | ▼ 9.3% |
| Amounts receivable within one year40/41 | €76.2m | €66.0m | €89.7m | €93.3m | €73.5m | ▼ 21.2% |
| Trade receivables40 | €68.5m | €59.4m | €84.4m | €82.3m | €64.8m | ▼ 21.2% |
| Other amounts receivable41 | €7.7m | €6.6m | €5.3m | €11.0m | €8.7m | ▼ 20.6% |
| Current investments50/53 | €173.4m | €163.0m | €157.5m | €184.0m | €223.2m | ▲ 21.3% |
| Other investments51/53 | €173.4m | €163.0m | €157.5m | €184.0m | €223.2m | ▲ 21.3% |
| Cash at bank and in hand54/58 | €2.6m | €5.9m | €3.7m | €5.8m | €4.4m | ▼ 24.0% |
| Deferred charges and accrued income490/1 | €2.7m | €2.7m | €750,984 | €917,087 | €2.2m | ▲ 143% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €313.0m | €290.6m | €311.7m | €336.5m | €350.5m | ▲ 4.2% |
| Equity10/15 | €176.3m | €160.8m | €159.8m | €164.0m | €176.4m | ▲ 7.5% |
| Contributions10/11 | €183.8m | €183.8m | €183.8m | €183.8m | €183.8m | = |
| Capital10 | €36.7m | €36.7m | €36.7m | €36.7m | €36.7m | = |
| Issued capital100 | €36.7m | €36.7m | €36.7m | €36.7m | €36.7m | = |
| Outside capital11 | €147.2m | €147.2m | €147.2m | €147.2m | €147.2m | = |
| Share premium1100/10 | €147.2m | €147.2m | €147.2m | €147.2m | €147.2m | = |
| Reserves13 | €4.6m | €4.6m | €5.6m | €5.6m | €5.6m | = |
| Non-distributable reserves130/1 | €3.7m | €3.7m | €3.7m | €3.7m | €3.7m | = |
| Legal reserve130 | €3.7m | €3.7m | €3.7m | €3.7m | €3.7m | = |
| Tax-exempt reserves132 | €172,602 | €369,929 | €1.0m | €1.0m | €1.0m | = |
| Distributable reserves133 | €744,000 | €546,674 | €864,431 | €864,431 | €864,431 | = |
| Profit (loss) carried forward14 | -€12.1m | -€27.6m | -€29.6m | -€25.4m | -€13.1m | ▲ 48.6% |
| Provisions and deferred taxes16 | €2.7m | €3.7m | €2.9m | €10.4m | €11.6m | ▲ 11.1% |
| Provisions for liabilities and charges160/5 | €2.7m | €3.7m | €2.9m | €10.4m | €11.6m | ▲ 11.1% |
| Pensions and similar obligations160 | €1.3m | €937,947 | €823,887 | €811,129 | €773,665 | ▼ 4.6% |
| Other liabilities and charges164/5 | €1.4m | €2.7m | €2.1m | €9.6m | €10.8m | ▲ 12.5% |
| Amounts payable17/49 | €134.0m | €126.1m | €148.9m | €162.1m | €162.6m | ▲ 0.3% |
| Amounts payable within one year42/48 | €133.1m | €124.8m | €147.7m | €161.2m | €161.9m | ▲ 0.5% |
| Trade debts44 | €37.1m | €33.1m | €49.2m | €43.9m | €46.9m | ▲ 6.9% |
| Suppliers440/4 | €37.1m | €33.1m | €49.2m | €43.9m | €46.9m | ▲ 6.9% |
| Advances received on contracts in progress46 | €49.3m | €45.3m | €45.1m | €51.4m | €43.6m | ▼ 15.2% |
| Taxes, remuneration and social security45 | €40.0m | €41.9m | €48.3m | €63.3m | €68.5m | ▲ 8.2% |
| Taxes450/3 | €10.2m | €11.3m | €14.0m | €26.5m | €26.0m | ▼ 2.1% |
| Remuneration and social security454/9 | €29.8m | €30.7m | €34.4m | €36.8m | €42.5m | ▲ 15.6% |
| Other amounts payable47/48 | €6.7m | €4.4m | €5.1m | €2.5m | €2.9m | ▲ 15.6% |
| Accrued charges and deferred income492/3 | €987,254 | €1.4m | €1.3m | €946,519 | €699,823 | ▼ 26.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6.7m | -€15.5m | -€998,662 | €4.2m | €12.3m | ▲ 193% |
| + Depreciation and write-downs630 | €3.5m | €1.9m | €2.9m | €2.9m | €3.6m | ▲ 24.3% |
| Operating cash flow (approximation) | -€3.2m | -€13.6m | €1.9m | €7.1m | €16.0m | ▲ 124% |
| Investment in fixed assets (approximation) | - | €3.9m | -€2.3m | €135,081 | -€919,253 | ▼ 781% |
| Change in cash | - | €3.3m | -€2.2m | €2.1m | -€1.4m | ▼ 167% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
14-09
State Gazette act
Resignation: Anne Harvengt (director)Appointment: Pierre Devillers (director)3 facts ▸
- Board meeting, 27-08-2026
- Director resignation, Anne Harvengt (director)
- Director appointment, Pierre Devillers (director)
27-07
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Reserve release12 facts ▸
- Capital increase, €61.396.988,86
- Capital, €98.047.145,72
- Reserve release, uitgiftepremie beschikbaar
- Capital increase, €392.447.047
- Capital, €490.494.192,72
- Capital decrease, €100.000.000
- Capital, €390.494.192,72
- Capital decrease, €221.168.720
- Capital, €169.325.472,72
- Statutes amendment, 5
- Power of attorney
- Power of attorney
16-06
State Gazette act
Capital & shares · Resignations & appointments · RestructuringResignation: Denis Dumont (director) · Appointment: Thierry Saegeman (director) · Merger7 facts ▸
- General meeting, 01-06-2026
- Merger, overdracht door deze laatste van haar gehele vermogen, zowel de rechten als de verplichtingen als gevolg van haar ontbinding zonder vereffening, artikel 12:7, 2…
- Accounting effect, 01-01-2026
- Director resignation, Denis Dumont (director)
- Director discharge, Denis Dumont
- Director appointment, Thierry Saegeman (director)
- Power of attorney
15-06
State Gazette act
MiscellaneousPower of attorney11 facts ▸
- Board meeting, 15-04-2026
- Power of attorney, Denis DUMONT
- Power of attorney, ENGIE MANAGEMENT COMPANY BELGIUM
- Power of attorney, Jean-Marc COLSON
- Power of attorney, Arnaud DUBOIS
- Power of attorney, Jan GROENINCKX
- Power of attorney, Cédric MARTINOT
- Power of attorney, Lorraine MERTENS
- Power of attorney, Marcela SANTOS
- Power of attorney, Loris TERSI
- Other statement, reglement externe vertegenwoordigingsbevoegdheden operationeel bestuur, annuleert en vervangt alle voorheen toegekende bevoegdheden inzake het operationeel best…
Show earlier events
About the unread acts
Of the 93 Belgian State Gazette acts we know for this company, 8 have been read. The other 85 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
6 establishment units
6 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382D0839/00S000 | Flanders | 9.7 ha | 1 · 2,207 m² | 8.8 m · 3 fl. |
| 21813D0439/00P009 | Brussels | 5,799 m² | 1 · 2,489 m² | 64.0 m · 19 fl. |
| 71328D0383/00P003 | Flanders | 5,551 m² | 1 · 1,032 m² | 16.0 m · 4 fl. |
| 92094A0193/00P007 | Wallonia | 2,791 m² | 1 · 2,355 m² | 21.0 m · 5 fl. |
| 44809I0649/52A002 | Flanders | 1,701 m² | 1 · 822 m² | 4.8 m |
| 11808H1129/07_000 | Flanders | 1,319 m² | 1 · 1,668 m² | 51.8 m · 3 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Thierry Saegeman |
|
| Pierre Devillers |
|
| Anne Harvengt |
|
| Denis Dumont |
|
Articles of association
Structure & network
Owners and holdings
2 owners · 7 holdingsChain of control
- ENGIE SAFR
- ENGIE ENERGY SERVICES INTERNATIONAL
- TRACTEBEL ENGINEERING
Highest known parent: ENGIE SA (France). The sources do not say who stands above it.
Owners 2
- 100%
- ENGIEFRparentSourceLEI registerconsolidated
Holdings 7
- Tractebel Engineering a.s.CZsubsidiaryEquity CZK 74.6mResult CZK 8.1m100%
- TRACTEBEL FOR ENGINEERING CONSULTANCY PLLCSAsubsidiarySourceown accounts 2025Equity SAR 1.3mResult SAR 46,101100%
-
100%
- TRACTEBEL ENGINEERING OMAN LLCOMsubsidiarySourceown accounts 2025Equity OMR 251,917Result OMR 23,42065%
-
49%
-
45.4%
- Equity €112,667Result -€887,3330.01%
According to the 2025 annual accounts of TRACTEBEL ENGINEERING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
4 connected companiesAcquisitions and mergers
1 transactionCapital and shareholders
- 27-07-2026 Capital increase of 61,396,988.86 EUR · to 98,047,145.72 EUR · no new shares · “augmentation du pair comptable des actions existantes”
- 27-07-2026 Capital increase of 392,447,047 EUR · to 490,494,192.72 EUR · no new shares · “augmentation du pair comptable des actions existantes”
- 27-07-2026 Capital reduction of 100,000,000 EUR · to 390,494,192.72 EUR · repaid to the shareholders
- 27-07-2026 Capital reduction of 221,168,720 EUR · to 169,325,472.72 EUR · to absorb losses
Public money · subsidies and aid
Flemish government
2022 to 2025 · 16 entries · 632,060 EUR awarded · 382,758 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 7 | 45,047 EUR | 149,047 EUR |
| 2024 | 4 | 299,478 EUR | 155,964 EUR |
| 2023 | 3 | 257,206 EUR | 47,418 EUR |
| 2022 | 2 | 30,329 EUR | 30,329 EUR |
Federal government
2023 to 2025 · 10 entries · 804,231 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Economie | 1 | 121,300 EUR |
| 2025 | FOD Mobiliteit | 2 | 33,757 EUR |
| 2024 | FOD Mobiliteit | 4 | 264,634 EUR |
| 2024 | FOD Economie | 1 | 173,700 EUR |
| 2023 | FOD Economie | 1 | 195,100 EUR |
Show 1 more rows
| 2023 | FOD Mobiliteit | 1 | 15,740 EUR |
European Union, budget
2021 to 2025 · 71 entries · 2,044,885 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 3 | 270,322 EUR |
| 2024 | 7 | 689,875 EUR |
| 2023 | 23 | 80,063 EUR |
| 2022 | 18 | 986,041 EUR |
| 2021 | 20 | 18,584 EUR |
Show 24 more projects
European research
43 projects · 4 as coordinator · 10,464,920 EUR EU contributionShow 35 more projects
Recognitions · licences · registrations
Care and welfare
1 serviceLegal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.