Summary
NB ENGINEERING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.40M and a net result of €326k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 9863 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
29 d early
2022
4 d early
2021
26 d late
2020
10 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.40M▲ 30.4%
2023 · €1.07M
2018: €480k
2019: €669k
2020: €677k
2021: €708k
2022: €865k
2023: €1.07M
2018 → 2024
Net result
€326k▲ 58.5%
2023 · €206k
2018: €236k
2019: €189k
2020: €7k
2021: €31k
2022: €157k
2023: €206k
2018 → 2024
Total assets
€1.98M▲ 15.7%
2023 · €1.71M
2018: €1.72M
2019: €1.52M
2020: €1.56M
2021: €1.41M
2022: €1.50M
2023: €1.71M
2018 → 2024
Solvency
70.5%▲ 8.0pp
2023 · 62.6%
2018: 27.9%
2019: 44.0%
2020: 43.3%
2021: 50.0%
2022: 57.7%
2023: 62.6%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€677k-€708k▲ 4.6%€865k▲ 22.2%€1.07M▲ 23.8%€1.40M▲ 30.4%
Operating result€50k-€73k▲ 44.6%€242k▲ 232%€320k▲ 32.3%€494k▲ 54.2%
Net result€7k-€31k▲ 331%€157k▲ 403%€206k▲ 30.7%€326k▲ 58.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 54% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.98M
Fixed assets
€1.54M ▲ 66.7%
Current assets
€436k ▼ 44.5%
Equity and liabilities €1.98M
Equity
€1.40M ▲ 30.4%
Debt
€584k ▼ 8.9%
Debt's share of the balance-sheet total falls from 37.4% to 29.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
23.3%▲
2023 · 19.2%
ROA
16.5%▲
2023 · 12.0%
Debt ≤ 1 year
€83k▼
2023 · €108k
Debt > 1 year
€501k▼
2023 · €533k
Income taxes
€150k▲
2023 · €99k
Staff costs
€45k▲
2023 · €43k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.71M€1.98M▲
Fixed assets21/28€927k€1.54M▲
Tangible fixed assets22/27€37k€35k▼
Land and buildings22€37k€35k▼
Furniture and vehicles24€176-
Financial fixed assets28€889k€1.51M▲
Current assets29/58€785k€436k▼
Amounts receivable within one year40/41€653k€422k▼
Trade receivables40€636k€410k▼
Other amounts receivable41€16k€12k▼
Cash at bank and in hand54/58€132k€13k▼
Equity and liabilities
Total equity and liabilities10/49€1.71M€1.98M▲
Equity10/15€1.07M€1.40M▲
Contributions10/11€19k€19k=
Reserves13€1.05M€1.38M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€27k€27k=
Distributable reserves133€1.02M€1.35M▲
Amounts payable17/49€641k€584k▼
Amounts payable after more than one year17€533k€501k▼
Financial debts170/4-€248k
Advances received on contracts in progress176€533k€253k▼
Amounts payable within one year42/48€108k€83k▼
Current portion of amounts payable after more than one year42-€30k
Financial debts43€62k€4k▼
Credit institutions430/8€62k€4k▼
Trade debts44€10k€5k▼
Suppliers440/4€10k€5k▼
Taxes, remuneration and social security45€29k€38k▲
Taxes450/3€24k€31k▲
Remuneration and social security454/9€5k€8k▲
Other amounts payable47/48€7k€6k▼
Income statement
Code20232024
Remuneration, social security and pensions62€43k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€7k€16k▲
Gross operating margin9900€373k€556k▲
Operating profit (loss)9901€320k€494k▲
Financial income75/76B€923€855▼
Recurring financial income75€923€855▼
Financial charges65/66B€16k€18k▲
Recurring financial charges65€16k€18k▲
Profit (loss) for the period before taxes9903€305k€476k▲
Income taxes67/77€99k€150k▲
Profit (loss) for the period9904€206k€326k▲
Profit (loss) for the period to be appropriated9905€206k€326k▲
Appropriation of the result
Profit (loss) to be appropriated9906€206k€326k▲
Transfer to equity691/2€206k€326k▲
To other reserves6921€206k€326k▲
Social balance
Average headcount (FTE)90870.5-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €326k ▲58.5%
Operating result €494k, net result €326k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.07M ▲23.8%
6 profitable years in a row build equity to €1.07M.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €7k ▼96.2%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €500kEq €669k ▲39.4%
2 profitable years in a row build equity to €669k.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Hechtel-Eksel · 1 establishment unit since 1990
Ground area
1,110 m²
Building footprint
186 m²
Volume, LiDAR
1,217 m³
Parcel 72006C0174/00F000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Kerkstraat 27, 3940 Hechtel-Eksel
since 19902.050.551.789
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72006C0174/00F000 | Flanders | 1,110 m² | 1 · 186 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesNB ENGINEERING BV39886
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 11,925 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-09-1990
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.