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Treeline Engineering

Active
Private limited companyfounded 2024active for 2 yearsRue de Schoor, L'Ecluse 5, 1320 Beauvechain, BelgiumKBO/BCE: BE 1015.813.197

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

Treeline Engineering has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,392 and a net result of €52,392. Its solvency ranks better than 60% of 11,752 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
24-06-2026
Format
micro format
Reference
2026-00192405
Turnover
≈ €150,000
Estimated: probably between €120,000 and €210,000
Total assets
€87,614
Net result
€52,392
Working capital
€53,699

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €87,614
Fixed assets €2,092
Current assets €85,522
Equity and liabilities €87,614
Equity €55,392
Debt €32,222
Debt finances 36.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€69,455
Cash flow
€53,604
Current ratio
2.69
Debt to equity
0.58
ROE
94.6%
ROA
59.8%
Interest coverage
29.29
Debt ≤ 1 year
€31,823
Income taxes
€13,479

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,445 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 39,278 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 · 35 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 24-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€87,614
Fixed assets21/28€2,092
Tangible fixed assets22/27€2,092
Plant, machinery and equipment23€2,092
Current assets29/58€85,522
Amounts receivable within one year40/41€21,874
Trade receivables40€21,874
Cash at bank and in hand54/58€58,012
Deferred charges and accrued income490/1€5,636
Equity and liabilities
Total equity and liabilities10/49€87,614
Equity10/15€55,392
Contributions10/11€3,000
Reserves13€52,392
Distributable reserves133€52,392
Amounts payable17/49€32,222
Amounts payable within one year42/48€31,823
Trade debts44€1,495
Suppliers440/4€1,495
Taxes, remuneration and social security45€21,493
Taxes450/3€21,493
Other amounts payable47/48€8,835
Accrued charges and deferred income492/3€400
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,213
Other operating charges640/8€1,036
Gross operating margin9900€70,491
Operating profit (loss)9901€68,242
Financial charges65/66B€2,371
Recurring financial charges65€2,371
Profit (loss) for the period before taxes9903€65,871
Income taxes67/77€13,479
Profit (loss) for the period9904€52,392
Profit (loss) for the period to be appropriated9905€52,392
Appropriation of the result
Profit (loss) to be appropriated9906€52,392
Transfer to equity691/2€52,392
To other reserves6921€52,392

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,213
Other operating charges640/8€1,036
Gross operating margin9900€70,491
Operating profit (loss)9901€68,242
Financial charges65/66B€2,371
Recurring financial charges65€2,371
Profit (loss) for the period before taxes9903€65,871
Income taxes67/77€13,479
Profit (loss) for the period9904€52,392
Profit (loss) for the period to be appropriated9905€52,392
Line2025
Assets
Total assets20/58€87,614
Fixed assets21/28€2,092
Tangible fixed assets22/27€2,092
Plant, machinery and equipment23€2,092
Current assets29/58€85,522
Amounts receivable within one year40/41€21,874
Trade receivables40€21,874
Cash at bank and in hand54/58€58,012
Deferred charges and accrued income490/1€5,636
Equity and liabilities
Total equity and liabilities10/49€87,614
Equity10/15€55,392
Contributions10/11€3,000
Reserves13€52,392
Distributable reserves133€52,392
Amounts payable17/49€32,222
Amounts payable within one year42/48€31,823
Trade debts44€1,495
Suppliers440/4€1,495
Taxes, remuneration and social security45€21,493
Taxes450/3€21,493
Other amounts payable47/48€8,835
Accrued charges and deferred income492/3€400
Line2025
Profit (loss) for the period9904€52,392
+ Depreciation and write-downs630€1,213
Operating cash flow (approximation)€53,604

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 24-06-2026 2026-00192405 NBB

Similar companies · same sector, comparable size

Of the 11,532 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,796. 5,122 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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