DE SUTTER ENGINEERING
ActiveSummary
DE SUTTER ENGINEERING has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €650k and a net result of €133k. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
short-term debt: 0.9% and cash: 43.6% of total assets, and 0.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.1%
Return on assets
20.3%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
28 d early
2024
36 d early
2023
51 d early
2022
22 d late
2021
29 d early
2020
32 d early
2019
16 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€650k▲ 5.0%
2024 · €619k
2018: €48klowest in 8 years
2019: €124k▲ +157% vs 2018
2020: €214k▲ +71.6% vs 2019
2021: €304k▲ +42.4% vs 2020
2022: €393k▲ +29.1% vs 2021
2023: €501k▲ +27.6% vs 2022
2024: €619k▲ +23.4% vs 2023
2025: €650k▲ +5.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€655k▲ 2.4%
2024 · €640k
2018: €49klowest in 8 years
2019: €126k▲ +155% vs 2018
2020: €220k▲ +74.5% vs 2019
2021: €319k▲ +44.8% vs 2020
2022: €405k▲ +26.9% vs 2021
2023: €519k▲ +28.1% vs 2022
2024: €640k▲ +23.4% vs 2023
2025: €655k▲ +2.4% vs 2024highest in 8 years
2018 → 2025
Net result
€133k▲ 13.4%
2024 · €117k
2018: €30klowest in 8 years
2019: €76k▲ +156% vs 2018
2020: €89k▲ +17.0% vs 2019
2021: €91k▲ +1.7% vs 2020
2022: €88k▼ -2.4% vs 2021
2023: €108k▲ +22.7% vs 2022
2024: €117k▲ +8.2% vs 2023
2025: €133k▲ +13.4% vs 2024highest in 8 years
2018 → 2025
Working capital
€634k▲ 5.1%
2024 · €603k
2018: €48klowest in 8 years
2019: €115k▲ +138% vs 2018
2020: €199k▲ +73.0% vs 2019
2021: €290k▲ +45.9% vs 2020
2022: €380k▲ +30.7% vs 2021
2023: €486k▲ +28.0% vs 2022
2024: €603k▲ +24.2% vs 2023
2025: €634k▲ +5.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€304k-€393k▲ 29.1%€501k▲ 27.6%€619k▲ 23.4%€650k▲ 5.0%
2021: €304klowest in 5 years
2022: €393k▲ +29.1% vs 2021
2023: €501k▲ +27.6% vs 2022
2024: €619k▲ +23.4% vs 2023
2025: €650k▲ +5.0% vs 2024highest in 5 years
Operating result€127k-€124k▼ 2.1%€153k▲ 23.8%€160k▲ 4.0%€185k▲ 15.7%
2021: €127k
2022: €124k▼ -2.1% vs 2021lowest in 5 years
2023: €153k▲ +23.8% vs 2022
2024: €160k▲ +4.0% vs 2023
2025: €185k▲ +15.7% vs 2024highest in 5 years
Net result€91k-€88k▼ 2.4%€108k▲ 22.7%€117k▲ 8.2%€133k▲ 13.4%
2021: €91k
2022: €88k▼ -2.4% vs 2021lowest in 5 years
2023: €108k▲ +22.7% vs 2022
2024: €117k▲ +8.2% vs 2023
2025: €133k▲ +13.4% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €655k
Fixed assets
€16k ▲ 3.0%
Current assets
€640k ▲ 2.4%
Equity and liabilities €655k
Equity
€650k ▲ 5.0%
Debt
€6k ▼ 73.5%
Debt's share of the balance-sheet total falls from 3.3% to 0.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€188k▲
2024 · €163k
Cash flow
€136k▲
2024 · €121k
Debt to equity
0.01▼
2024 · 0.03
ROE
20.5%▲
2024 · 19.0%
ROA
20.3%▲
2024 · 18.3%
Interest coverage
2850.38▲
2024 · 268.01
Debt ≤ 1 year
€6k▼
2024 · €21k
Income taxes
€56k▲
2024 · €49k
A ratio outside any meaningful range has been withheld (balance sheet total €655k, equity €650k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€640k€655k▲
Fixed assets21/28€15k€16k▲
Tangible fixed assets22/27€15k€16k▲
Plant, machinery and equipment23€3k€2k▼
Other tangible fixed assets26€12k€14k▲
Current assets29/58€625k€640k▲
Amounts receivable within one year40/41-€24k
Trade receivables40-€19k
Other amounts receivable41-€5k
Current investments50/53€455k€330k▼
Cash at bank and in hand54/58€169k€285k▲
Deferred charges and accrued income490/1€108€109▲
Equity and liabilities
Total equity and liabilities10/49€640k€655k▲
Equity10/15€619k€650k▲
Contributions10/11€19k€19k=
Reserves13€600k€631k▲
Distributable reserves133€600k€631k▲
Amounts payable17/49€21k€6k▼
Amounts payable within one year42/48€21k€6k▼
Trade debts44€268€220▼
Suppliers440/4€268€220▼
Taxes, remuneration and social security45€20k€5k▼
Taxes450/3€20k€5k▼
Other amounts payable47/48€1k€17▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€126€128▲
Gross operating margin9900€163k€188k▲
Operating profit (loss)9901€160k€185k▲
Financial income75/76B€8k€5k▼
Recurring financial income75€8k€5k▼
Financial charges65/66B€609€66▼
Recurring financial charges65€609€66▼
Profit (loss) for the period before taxes9903€167k€190k▲
Income taxes67/77€49k€56k▲
Profit (loss) for the period9904€117k€133k▲
Profit (loss) for the period to be appropriated9905€117k€133k▲
Appropriation of the result
Profit (loss) to be appropriated9906€117k€133k▲
Transfer from equity791/2-€102k
Transfer to equity691/2€117k€133k▲
To other reserves6921€117k€133k▲
Profit to be distributed694/7-€102k
Return on contributions (dividend)694-€102k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €3k | €4k | €3k | ▼ 5.8% |
| Other operating charges640/8 | €111 | €112 | €115 | €126 | €128 | ▲ 1.6% |
| Gross operating margin9900 | €129k | €126k | €156k | €163k | €188k | ▲ 15.2% |
| Operating profit (loss)9901 | €127k | €124k | €153k | €160k | €185k | ▲ 15.7% |
| Financial income75/76B | - | €0 | - | €8k | €5k | ▼ 35.2% |
| Recurring financial income75 | - | €0 | - | €8k | €5k | ▼ 35.2% |
| Financial charges65/66B | €50 | €475 | €628 | €609 | €66 | ▼ 89.2% |
| Recurring financial charges65 | €50 | €475 | €628 | €609 | €66 | ▼ 89.2% |
| Profit (loss) for the period before taxes9903 | €127k | €123k | €153k | €167k | €190k | ▲ 13.8% |
| Income taxes67/77 | €36k | €35k | €44k | €49k | €56k | ▲ 14.8% |
| Profit (loss) for the period9904 | €91k | €88k | €108k | €117k | €133k | ▲ 13.4% |
| Profit (loss) for the period to be appropriated9905 | €91k | €88k | €108k | €117k | €133k | ▲ 13.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €319k | €405k | €519k | €640k | €655k | ▲ 2.4% |
| Fixed assets21/28 | €14k | €13k | €15k | €15k | €16k | ▲ 3.0% |
| Tangible fixed assets22/27 | €14k | €13k | €15k | €15k | €16k | ▲ 3.0% |
| Plant, machinery and equipment23 | €14k | €13k | €5k | €3k | €2k | ▼ 34.9% |
| Other tangible fixed assets26 | - | - | €11k | €12k | €14k | ▲ 13.0% |
| Current assets29/58 | €305k | €392k | €503k | €625k | €640k | ▲ 2.4% |
| Amounts receivable within one year40/41 | €655 | €16k | €21k | - | €24k | - |
| Trade receivables40 | - | €16k | €18k | - | €19k | - |
| Other amounts receivable41 | €655 | €394 | €4k | - | €5k | - |
| Current investments50/53 | €62k | €134k | €205k | €455k | €330k | ▼ 27.5% |
| Cash at bank and in hand54/58 | €243k | €242k | €277k | €169k | €285k | ▲ 68.5% |
| Deferred charges and accrued income490/1 | - | - | €95 | €108 | €109 | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €319k | €405k | €519k | €640k | €655k | ▲ 2.4% |
| Equity10/15 | €304k | €393k | €501k | €619k | €650k | ▲ 5.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €285k | €374k | €483k | €600k | €631k | ▲ 5.2% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Own shares acquired1312 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €283k | €372k | €483k | €600k | €631k | ▲ 5.2% |
| Profit (loss) carried forward14 | €624 | - | - | - | - | - |
| Amounts payable17/49 | €15k | €12k | €18k | €21k | €6k | ▼ 73.5% |
| Amounts payable within one year42/48 | €15k | €12k | €18k | €21k | €6k | ▼ 73.5% |
| Trade debts44 | €233 | €282 | €249 | €268 | €220 | ▼ 17.7% |
| Suppliers440/4 | €233 | €282 | €249 | €268 | €220 | ▼ 17.7% |
| Taxes, remuneration and social security45 | €15k | €12k | €17k | €20k | €5k | ▼ 72.5% |
| Taxes450/3 | €15k | €12k | €17k | €20k | €5k | ▼ 72.5% |
| Other amounts payable47/48 | - | - | - | €1k | €17 | ▼ 98.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €91k | €88k | €108k | €117k | €133k | ▲ 13.4% |
| + Depreciation and write-downs630 | €2k | €2k | €3k | €4k | €3k | ▼ 5.8% |
| Operating cash flow (approximation) | €93k | €91k | €111k | €121k | €136k | ▲ 12.8% |
| Investment in fixed assets (approximation) | - | €-2k | €-5k | €-3k | €-4k | ▼ 16.1% |
| Change in cash | - | €-857 | €35k | €-107k | €116k | ▲ 208% |
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
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €133k ▲13.4%
Operating result €185k, net result €133k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 112.81
Current ratio from 29.15 to 112.81; short-term debt falls from €21k to €6k.
01-08
State Gazette act
General meeting · Director reappointment
Permanent representative · Board meeting
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €501k ▲27.6%
6 profitable years in a row build equity to €501k.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €214k ▲71.6%
3 profitable years in a row build equity to €214k.
16-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 16 days late
Show earlier events
2019
31-12
Financial
Equity above €100kEq €124k ▲157%
2 profitable years in a row build equity to €124k.
30-12
State Gazette act
General meeting · Director resignation
Permanent representative · Director reappointment
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2018
Ground area
1,191 m²
Building footprint
205 m²
Volume, LiDAR
1,134 m³
Parcel 36015A0806/00G000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE SUTTER ENGINEERING
since 20182.271.976.758
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0806/00G000 | Flanders | 1,191 m² | 1 · 205 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Similar companies · same sector, comparable size
Realize
BE 0759.664.804
Koksijde · Eq €649,682
DIMM
BE 0830.676.326
Schilde · Eq €649,479
SDB MANAGEMENT
BE 0680.436.885
Hove · Eq €649,454
Roxamel
BE 0466.369.961
Sint-Martens-Latem · Eq €649,441
InnovaConsult
BE 0841.251.009
Kortrijk · Eq €649,876
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 32,318 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.