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ENGINE DECK REPAIR

Active
Public limited companyfounded 1999active for 26 yearsIndustrieweg 11, 2030 Antwerpen, BelgiumKBO/BCE: BE 0467.282.454
Summary

ENGINE DECK REPAIR has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.5m and a net result of €1.9m. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 20% of 190 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Repair, maintenance and installation of machinery and equipment
NACE 33150
2nd largest employer in the province of Antwerp, Repair and installation of machinery sector2 sites
Size
€129.7mturnover 2025
Staff
180.1 FTE
Equity
€13.5m
Profit
€1.9m
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
SAS Shipping Agencies Services SA · 99.99%
Auditor: Enst & Young Bedrijfsrevisoren BVAccounts 52 days early
Why 92raises riskSector: Repair, maintenance and installation of machinery and equipment (NACE 33)Equity €13.5m (18.5% of total assets)lowers riskSize: turnover €129.7m, 180.1 FTE, total assets €72.7mFounded in 1999Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 33, medium-sized)
Financial strength · tick = 2024
Average
Solvency 44+3
equity 18.5% of total assets
Liquidity 49+14
short-term debt 40.6% · cash 14.3%
Profitability 61+4
return on assets 2.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (35 companies, NACE 33, medium-sized)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025highest value 07-2025: 0.6%▼ -0.1 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.5%▼ -0.1 percentage points vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.4 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €1,200,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.26, compared with 1.11 in 2024, below the usual 1.5; short-term debt: 40.6% and cash: 14.3% of total assets), and 81.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, medium-sized): better than 41% on solvency, 79% on liquidity, 41% on profitability and 86% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €129.7m, 180.1 FTE, total assets €72.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €13.5m (18.5% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 190 sector peers (2025).
NBB · sector comparison
Position among 190 sector peers
Solvency
better than 20%
← weakest strongest →
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 days early
2024
38 days early
2023
43 days early
2022
41 days early
2021
34 days early
2020
32 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Reappointment: Ernst & Young Bedrijfsrevisoren BV…Permanent representative: Stijn VAN DONINCK…
  3. Highest result from 2018 to 2025net €1.9m ▲27.5%

Key points

  • Positive: Among the best 6% on equitysector median €994,870 · 189 companies €13.5m View
  • Positive: 7 years of growth in a rowturnover 2025: €129.7m 7 years View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by SAS Shipping Agencies Services…ultimately: MSC Mediterranean Shipping Company… 99.99% View
  • Flemish supportawarded from 2022 to 2025 €4.0m View
  • Positive: Turnover rose in 2025from €102.7m to €129.7m ▲ 26.3% View

By topic

Financials

Financial year
2025
Turnover
€129.7m
Profit
€1.9m
Solvency
18.5%
Turnover▲ 26.3%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
SAS Shipping Agencies Services… · 99.99%
Auditor
Enst & Young Bedrijfsrevisoren…
  • ANTWERP MANAGEMENT CONSULTINGManaging director
  • Favard HuguesDirector
Go to Board & ownership

Network & group

Group
MSC Mediterranean Shipping Company…
Mergers and asset contributions
1
Go to Network & group

Timeline

Events
51
Since
2001
Next accounts
by 31-07-2027
  1. 23-06-2025Annual accounts filed
  2. 31-12-2024Equity above €10m
  3. 18-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Repair, maintenance and installation of machinery and equipmentNACE 33150
Founded
16-11-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
21
Annual meeting
First Monday of June at 10:00
Purpose
“1. Het herstellen, onderhouden, ombouwen en verbouwen van schepen en vaartuigen; 2. Het…” (deed in Dutch)
Go to Articles of association

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