Engage
ActiveSummary
Engage has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166k and a net result of €31k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 8.49 against 15.85 in 2024; short-term debt: 10.8% and cash: 39.1% of total assets), and 10.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
89.2%
Return on assets
16.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-10-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
90 d early
2023
81 d early
2022
145 d early
2021
172 d early
2020
177 d early
2019
135 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€166k▲ 23.1%
2024 · €134k
2019: €56klowest in 7 years
2020: €64k▲ +13.3% vs 2019
2021: €77k▲ +20.5% vs 2020
2022: €98k▲ +27.6% vs 2021
2023: €110k▲ +12.1% vs 2022
2024: €134k▲ +22.7% vs 2023
2025: €166k▲ +23.1% vs 2024highest in 7 years
2019 → 2025
Total assets
€186k▲ 27.0%
2024 · €146k
2019: €74klowest in 7 years
2020: €86k▲ +16.4% vs 2019
2021: €91k▲ +5.1% vs 2020
2022: €113k▲ +24.3% vs 2021
2023: €119k▲ +5.0% vs 2022
2024: €146k▲ +23.3% vs 2023
2025: €186k▲ +27.0% vs 2024highest in 7 years
2019 → 2025
Net result
€31k▲ 66.7%
2024 · €19k
2019: €5klowest in 7 years
2020: €7k▲ +52.3% vs 2019
2021: €13k▲ +74.4% vs 2020
2022: €21k▲ +62.6% vs 2021
2023: €12k▼ -44.2% vs 2022
2024: €19k▲ +57.8% vs 2023
2025: €31k▲ +66.7% vs 2024highest in 7 years
2019 → 2025
Working capital
€151k▲ 23.0%
2024 · €123k
2019: €43klowest in 7 years
2020: €50k▲ +15.0% vs 2019
2021: €66k▲ +33.6% vs 2020
2022: €72k▲ +8.7% vs 2021
2023: €86k▲ +20.1% vs 2022
2024: €123k▲ +41.8% vs 2023
2025: €151k▲ +23.0% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€98k▲ 27.6%€110k▲ 12.1%€134k▲ 22.7%€166k▲ 23.1%
2021: €77klowest in 5 years
2022: €98k▲ +27.6% vs 2021
2023: €110k▲ +12.1% vs 2022
2024: €134k▲ +22.7% vs 2023
2025: €166k▲ +23.1% vs 2024highest in 5 years
Operating result€17k-€30k▲ 80.2%€15k▼ 49.0%€26k▲ 70.6%€44k▲ 67.5%
2021: €17k
2022: €30k▲ +80.2% vs 2021
2023: €15k▼ -49.0% vs 2022lowest in 5 years
2024: €26k▲ +70.6% vs 2023
2025: €44k▲ +67.5% vs 2024highest in 5 years
Net result€13k-€21k▲ 62.6%€12k▼ 44.2%€19k▲ 57.8%€31k▲ 66.7%
2021: €13k
2022: €21k▲ +62.6% vs 2021
2023: €12k▼ -44.2% vs 2022lowest in 5 years
2024: €19k▲ +57.8% vs 2023
2025: €31k▲ +66.7% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 67% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €186k
Fixed assets
€15k ▼ 3.6%
Current assets
€171k ▲ 30.6%
Equity and liabilities €186k
Equity
€166k ▲ 23.1%
Debt
€20k ▲ 71.8%
Debt's share of the balance-sheet total rises from 8.0% to 10.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €34k
Cash flow
€38k▲
2024 · €26k
Current ratio
8.49▼
2024 · 15.85
Debt to equity
0.12▲
2024 · 0.09
ROE
18.8%▲
2024 · 13.9%
ROA
16.7%▲
2024 · 12.8%
Interest coverage
209.26▲
2024 · 195.49
Debt ≤ 1 year
€20k▲
2024 · €8k
Income taxes
€13k▲
2024 · €8k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€146k€186k▲
Fixed assets21/28€15k€15k▼
Tangible fixed assets22/27€15k€15k▼
Land and buildings22€8k€11k▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€7k€4k▼
Current assets29/58€131k€171k▲
Amounts receivable within one year40/41€26k€23k▼
Trade receivables40€23k€23k▲
Other amounts receivable41€3k€0▼
Current investments50/53€15k€70k▲
Cash at bank and in hand54/58€84k€73k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€146k€186k▲
Equity10/15€134k€166k▲
Contributions10/11€19k€19k=
Reserves13€80k€111k▲
Distributable reserves133€80k€111k▲
Profit (loss) carried forward14€36k€36k=
Amounts payable17/49€12k€20k▲
Amounts payable within one year42/48€8k€20k▲
Financial debts43€503€3k▲
Credit institutions430/8€503€3k▲
Trade debts44€8k€1k▼
Suppliers440/4€8k€1k▼
Taxes, remuneration and social security45€89€15k▲
Taxes450/3€89€15k▲
Other amounts payable47/48€0€1k▲
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€599€796▲
Non-recurring operating charges66A-€90
Gross operating margin9900€35k€51k▲
Operating profit (loss)9901€26k€44k▲
Financial income75/76B€249€428▲
Recurring financial income75€249€428▲
Financial charges65/66B€174€241▲
Recurring financial charges65€174€241▲
Profit (loss) for the period before taxes9903€26k€44k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€19k€31k▲
Profit (loss) for the period to be appropriated9905€19k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€67k▲
Profit (loss) brought forward from the previous period14P€36k€36k=
Transfer to equity691/2€19k€31k▲
To other reserves6921€19k€31k▲
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 | €3k | €4k | €7k | €8k | €7k | ▼ 16.0% |
| Other operating charges640/8 | - | €157 | €305 | €599 | €796 | ▲ 32.9% |
| Non-recurring operating charges66A | - | - | - | - | €90 | - |
| Gross operating margin9900 | €20k | €34k | €23k | €35k | €51k | ▲ 48.2% |
| Operating profit (loss)9901 | €17k | €30k | €15k | €26k | €44k | ▲ 67.5% |
| Financial income75/76B | - | €8 | €2k | €249 | €428 | ▲ 71.8% |
| Recurring financial income75 | €5 | €8 | €2k | €249 | €428 | ▲ 71.8% |
| Financial charges65/66B | - | €159 | €368 | €174 | €241 | ▲ 38.5% |
| Recurring financial charges65 | €118 | €159 | €368 | €174 | €241 | ▲ 38.5% |
| Profit (loss) for the period before taxes9903 | €17k | €30k | €17k | €26k | €44k | ▲ 67.7% |
| Income taxes67/77 | €4k | €9k | €5k | €8k | €13k | ▲ 70.3% |
| Profit (loss) for the period9904 | €13k | €21k | €12k | €19k | €31k | ▲ 66.7% |
| Profit (loss) for the period to be appropriated9905 | €13k | €21k | €12k | €19k | €31k | ▲ 66.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €91k | €113k | €119k | €146k | €186k | ▲ 27.0% |
| Fixed assets21/28 | €11k | €26k | €23k | €15k | €15k | ▼ 3.6% |
| Tangible fixed assets22/27 | €11k | €26k | €23k | €15k | €15k | ▼ 3.6% |
| Land and buildings22 | - | €10k | €9k | €8k | €11k | ▲ 34.6% |
| Plant, machinery and equipment23 | - | - | €0 | €0 | - | - |
| Furniture and vehicles24 | - | €16k | €14k | €7k | €4k | ▼ 49.2% |
| Current assets29/58 | €80k | €87k | €95k | €131k | €171k | ▲ 30.6% |
| Amounts receivable within one year40/41 | €21k | €17k | €25k | €26k | €23k | ▼ 12.1% |
| Trade receivables40 | - | €16k | €22k | €23k | €23k | ▲ 0.5% |
| Other amounts receivable41 | - | €1k | €3k | €3k | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | €15k | €70k | ▲ 367% |
| Cash at bank and in hand54/58 | €59k | €70k | €65k | €84k | €73k | ▼ 13.1% |
| Deferred charges and accrued income490/1 | - | - | €6k | €6k | €5k | ▼ 14.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €91k | €113k | €119k | €146k | €186k | ▲ 27.0% |
| Equity10/15 | €77k | €98k | €110k | €134k | €166k | ▲ 23.1% |
| Contributions10/11 | - | €12k | €12k | €19k | €19k | = |
| Reserves13 | €28k | €49k | €61k | €80k | €111k | ▲ 39.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €47k | €59k | €80k | €111k | ▲ 39.0% |
| Profit (loss) carried forward14 | €36k | €36k | €36k | €36k | €36k | = |
| Amounts payable17/49 | €14k | €15k | €9k | €12k | €20k | ▲ 71.8% |
| Amounts payable within one year42/48 | €14k | €15k | €9k | €8k | €20k | ▲ 144% |
| Financial debts43 | - | €1k | - | €503 | €3k | ▲ 438% |
| Credit institutions430/8 | - | €1k | - | €503 | €3k | ▲ 438% |
| Trade debts44 | €8k | €9k | €2k | €8k | €1k | ▼ 82.7% |
| Suppliers440/4 | - | €9k | €2k | €8k | €1k | ▼ 82.7% |
| Taxes, remuneration and social security45 | - | €1k | €4k | €89 | €15k | ▲ 16,902% |
| Taxes450/3 | - | €1k | €4k | €89 | €15k | ▲ 16,902% |
| Other amounts payable47/48 | - | €4k | €3k | €0 | €1k | - |
| Accrued charges and deferred income492/3 | - | - | - | €3k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €21k | €12k | €19k | €31k | ▲ 66.7% |
| + Depreciation and write-downs630 | €3k | €4k | €7k | €8k | €7k | ▼ 16.0% |
| Operating cash flow (approximation) | €16k | €25k | €19k | €26k | €38k | ▲ 42.2% |
| Investment in fixed assets (approximation) | - | €-19k | €-4k | €0 | €-6k | - |
| Change in cash | - | €11k | €-5k | €19k | €-11k | ▼ 158% |
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
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €31k ▲66.7%
Operating result €44k, net result €31k, both a record.
31-03
Financial
Equity above €150kEq €166k ▲23.1%
7 profitable years in a row build equity to €166k.
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €100kEq €110k ▲12.1%
5 profitable years in a row build equity to €110k.
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
01-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB 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.
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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, Oud-Heverlee · 1 establishment unit since 2012
Ground area
1,377 m²
Building footprint
175 m²
Volume, LiDAR
856 m³
Parcel 24034A0218/00F000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Engage
since 20122.209.271.604
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24034A0218/00F000 | Flanders | 1,377 m² | 1 · 175 m² | 8.1 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 1,273 EUR awarded · 986 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 396 EUR | 396 EUR |
| 2024 | 1 | 541 EUR | 422 EUR |
| 2023 | 1 | 336 EUR | 168 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,373 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
Founded23-03-2012
Fiscal year end31-03
Activities, NACEBEL 2025
62900Other information technology and computer services
26200Manufacture of computer, electronic and optical products
62100Computer programming
63920Other information service activities
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.