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ORIGIN ARCHITECTURE & ENGINEERING

Active
Private limited companyfounded 200124 yrs activeKartuizersstraat 17, 1000 Brussel, BelgiumKBO/BCE: BE 0476.282.866

ORIGIN ARCHITECTURE & ENGINEERING has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.06M and a net result of €125k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 1936 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+1
Solvency79▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 2.32 in 2023; short-term debt: 36% and cash: 20.6% of total assets), and 45.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
54.4%
Return on assets
6.4%
Age of the figures
20 mo
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 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
38 d early
2023
33 d early
2022
26 d early
2021
67 d early
2020
47 d early
2019
28 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€1.06M▲ 2.4%
2023 · €1.04M
2018: €831k 2019: €896k 2020: €951k 2021: €981k 2022: €1.01M 2023: €1.04M
2018 → 2024
Total assets
€1.96M▼ 6.4%
2023 · €2.09M
2018: €1.30M 2019: €1.25M 2020: €1.64M 2021: €1.69M 2022: €1.75M 2023: €2.09M
2018 → 2024
Net result
€125k▲ 0.4%
2023 · €124k
2018: €170k 2019: €124k 2020: €155k 2021: €130k 2022: €134k 2023: €124k
2018 → 2024
Working capital
€735k▼ 27.7%
2023 · €1.02M
2018: €815k 2019: €879k 2020: €915k 2021: €937k 2022: €1.06M 2023: €1.02M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€951k-€981k▲ 3.1%€1.01M▲ 3.5%€1.04M▲ 2.4%€1.06M▲ 2.4%
Operating result€210k-€181k▼ 14.1%€192k▲ 6.3%€180k▼ 6.3%€185k▲ 2.8%
Net result€155k-€130k▼ 16.4%€134k▲ 3.3%€124k▼ 7.2%€125k▲ 0.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2020: €210k€210kNet result 2020: €155k€155kOperating result 2021: €181k€181kNet result 2021: €130k€130kOperating result 2022: €192k€192kNet result 2022: €134k€134kOperating result 2023: €180k€180kNet result 2023: €124k€124kOperating result 2024: €185k€185kNet result 2024: €125k€125k20202021202220232024
The operating result recovers in 2024; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.96M
Fixed assets €519k▲ 70.7%
Current assets €1.44M▼ 19.5%
Equity and liabilities €1.96M
Equity €1.06M▲ 2.4%
Debt €893k▼ 15.1%
The debt ratio falls from 50.3% to 45.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€257k
2023 · €217k
Cash flow
€197k
2023 · €161k
Solvency
54.4%
2023 · 49.7%
Current ratio
2.04
2023 · 2.32
Quick ratio
1.48
2023 · 1.72
Debt / equity
0.84
2023 · 1.01
ROE
11.7%
2023 · 12.0%
ROA
6.4%
2023 · 5.9%
Interest coverage
17.07
2023 · 13.04
Debt
€893k
2023 · €1.05M
Debt ≤ 1 year
€704k
2023 · €771k
Debt > 1 year
€149k
2023 · €198k
Income taxes
€45k
2023 · €39k
Staff costs
€177k
2023 · €170k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€2.09M€1.96M
Fixed assets21/28€304k€519k
Tangible fixed assets22/27€274k€493k
Furniture and vehicles24€274k€59k
Other tangible fixed assets26-€434k
Financial fixed assets28€30k€26k
Current assets29/58€1.79M€1.44M
Stocks and contracts in progress3€463k€396k
Stocks30/36€463k-
Contracts in progress37-€396k
Amounts receivable within one year40/41€880k€605k
Trade receivables40€857k€567k
Other amounts receivable41€24k€38k
Cash at bank and in hand54/58€404k€403k
Deferred charges and accrued income490/1€40k€34k
Equity and liabilities
Total equity and liabilities10/49€2.09M€1.96M
Equity10/15€1.04M€1.06M
Contributions10/11€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k-
Reserves not available under the articles1311€10k-
Distributable reserves133-€10k
Profit (loss) carried forward14€929k€954k
Amounts payable17/49€1.05M€893k
Amounts payable after more than one year17€198k€149k
Financial debts170/4€198k€149k
Amounts payable within one year42/48€771k€704k
Current portion of amounts payable after more than one year42€48k€49k
Financial debts43-€13k
Credit institutions430/8-€13k
Trade debts44€534k€487k
Suppliers440/4€534k€487k
Taxes, remuneration and social security45€87k€53k
Taxes450/3€61k€33k
Remuneration and social security454/9€26k€20k
Other amounts payable47/48€102k€102k=
Accrued charges and deferred income492/3€83k€41k
Income statement Code20232024
Remuneration, social security and pensions62€170k€177k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€72k
Other operating charges640/8€960€968
Gross operating margin9900€388k€435k
Operating profit (loss)9901€180k€185k
Financial charges65/66B€17k€15k
Recurring financial charges65€17k€15k
Profit (loss) for the period before taxes9903€163k€170k
Income taxes67/77€39k€45k
Profit (loss) for the period9904€124k€125k
Profit (loss) for the period to be appropriated9905€124k€125k
Appropriation of the result
Profit (loss) to be appropriated9906€1.03M€1.05M
Profit (loss) brought forward from the previous period14P€905k€929k
Profit to be distributed694/7€100k€100k=
Return on contributions (dividend)694€100k€100k=
Social balance
Average headcount (FTE)90872.52.5=

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €1MEq €1.01M ▲3.5%
5 profitable years in a row build equity to €1.01M.
25-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €124k ▼26.9%
Net result drops to €124k, the lowest in the series; recovery starts the following year.
18-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Brussel · 1 establishment unit since 2002
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kartuizersstraat 171000 Brussel
Ground area
216 m²
Building footprint
259 m²
Volume, LiDAR
6,464 m³
Parcel 21811M0889/00P000, Brussels · tallest building 27.7 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
ORIGIN Architecture & Engineering SCRL
Kartuizersstraat 17, 1000 BrusselPhotography, excluding press photography
since 20022.094.680.455
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21811M0889/00P000 Brussels 216 m² 1 · 258 m² 27.7 m · 9 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.

Public money · subsidies and aid

Federal government

2023 to 2025 · 6 entries · 96,703 EUR in total
Year Department Transactions Amount
2025 FOD Mobiliteit 3 41,553 EUR
2024 FOD Mobiliteit 2 50,150 EUR
2023 FOD Mobiliteit 1 5,000 EUR
Budget allocations
Samenwerkingsakkoord - Kapitaaloverdrachten naar lokale overheden
3 entries · 55,439 EUR
Samenwerkingsakkoord Beliris - Kapitaal- overdrachten binnen institutionele groep
3 entries · 41,264 EUR

Similar companies · same sector, comparable size

Of 11,553 companies in sector 71121 we hold annual accounts for 6,555. 3,324 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-12-2001
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.