P-Engineering
ActiveP-Engineering has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-28
Solvency43▼-7
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.21 against 1.32 in 2024; short-term debt: 82.3% and cash: 2.9% of total assets), and 82.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.7%
Return on assets
-15.9%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9460 sector peers (2025).
NBB · sector comparisonPosition among 9460 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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
28 d late
2023
29 d late
2022
30 d late
2021
37 d early
2020
27 d late
2019
89 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 47.4%
2024 · €20k
2018: €12k
2019: €13k
2020: €22k
2021: €57k
2022: €43k
2023: €20k
2024: €20k
2018 → 2025
Total assets
€60k▼ 26.6%
2024 · €82k
2018: €120k
2019: €120k
2020: €126k
2021: €141k
2022: €101k
2023: €80k
2024: €82k
2018 → 2025
Net result
€-10k
2024 · €82
2018: €-42k
2019: €684
2020: €10k
2021: €34k
2022: €-14k
2023: €-23k
2024: €82
2018 → 2025
Working capital
€11k▼ 46.8%
2024 · €20k
2018: €8k
2019: €12k
2020: €22k
2021: €57k
2022: €43k
2023: €20k
2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€43k▼ 23.9%€20k▼ 53.0%€20k▲ 0.4%€11k▼ 47.4%
Operating result€35k-€-13k€-22k▼ 66.6%€-75▲ 99.7%€-8k▼ 11,027%
Net result€34k-€-14k€-23k▼ 68.3%€82€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €75 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60k
Fixed assets
€75▼ 80.9%
Current assets
€60k▼ 26.3%
Equity and liabilities €60k
Equity
€11k▼ 47.4%
Debt
€50k▼ 19.7%
The debt ratio rises from 75.3% to 82.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-8k▼
2024 · €244
Cash flow
€-9k▼
2024 · €402
Solvency
17.7%▼
2024 · 24.7%
Current ratio
1.21▼
2024 · 1.32
Quick ratio
0.42▼
2024 · 0.46
Debt / equity
4.67▲
2024 · 3.06
ROE
-90.3%▼
2024 · 0.4%
ROA
-15.9%▼
2024 · 0.1%
Interest coverage
-6.37▼
2024 · 1.09
Debt
€50k▼
2024 · €62k
Debt ≤ 1 year
€50k▼
2024 · €62k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€82k€60k▼
Fixed assets21/28€395€75▼
Tangible fixed assets22/27€395€75▼
Furniture and vehicles24€395€75▼
Current assets29/58€82k€60k▼
Stocks and contracts in progress3€54k€39k▼
Stocks30/36€54k€39k▼
Amounts receivable within one year40/41€15k€13k▼
Trade receivables40€15k€12k▼
Other amounts receivable41€73€887▲
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€10k€7k▼
Equity and liabilities
Total equity and liabilities10/49€82k€60k▼
Equity10/15€20k€11k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14-€-10k
Amounts payable17/49€62k€50k▼
Amounts payable within one year42/48€62k€50k▼
Trade debts44€688€28▼
Suppliers440/4€688€28▼
Taxes, remuneration and social security45€62€707▲
Taxes450/3€62€707▲
Other amounts payable47/48€61k€49k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€320€320=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€50€12k▲
Other operating charges640/8€1k€839▼
Gross operating margin9900€1k€5k▲
Operating profit (loss)9901€-75€-8k▼
Financial income75/76B€443€28▼
Recurring financial income75€443€28▼
Financial charges65/66B€223€1k▲
Recurring financial charges65€223€1k▲
Profit (loss) for the period before taxes9903€145€-10k▼
Income taxes67/77€62-
Profit (loss) for the period9904€82€-10k▼
Profit (loss) for the period to be appropriated9905€82€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82€-10k▼
Transfer to equity691/2€82-
To other reserves6921€82-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €82
Net result €82 after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €34k ▲248%
Operating result €35k, net result €34k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €684
Net result €684 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
19-09-2025
Resigned as Director
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2011
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.
Priesterage 109140 TemseGround area
504 m²
Building footprint
111 m²
Volume, LiDAR
581 m³
Parcel 46008A0705/00L000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
P ENGINEERING - OCEAN COUTURE - SHARK COUTURE
since 20112.199.520.233
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46008A0705/00L000 | Flanders | 504 m² | 1 · 111 m² | 7.7 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 56 EUR awarded · 56 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 56 EUR | 56 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,554 companies in sector 71121 we hold annual accounts for 6,563. 3,030 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2011
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:052/46 69 72