ACTIVE

ENGINEERS

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Financial year 2025 · closed on 30/09/2025

Net result

53,1 k €

+330.3% YoY

Gross margin

137,4 k €

+206.7% YoY

Equity

269,8 k €

-1.9% YoY

What does ENGINEERS do?

ENGINEERS is a Private limited company incorporated in 2000. Its main activity is: Management consultancy activities. Its registered office is in Kapellen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.351.209

Incorporation

03/03/2000

Legal form

Private limited company

Registered office

Hoogboomsteenweg 94 box 1
2950 Kapellen · FlandreSee on map

Latest accounts

30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 71121Engineering activities and related technical consultancy 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	137,4 k €	+207%	44,8 k €	-88.0%	372,9 k €	+202%	123,5 k €	+55.1%	79,6 k €	-18.4%	97,6 k €	+66.7%	58,5 k €	-28.2%	81,5 k €	-13.0%	93,8 k €	+287%	24,2 k €	-52.7%	51,2 k €	-30.7%	73,9 k €	+0.4%	73,6 k €	-26.5%	100,2 k €	-0.6%	100,9 k €	+29.6%	77,8 k €	+13.3%	68,7 k €	+13.2%	60,7 k €
EBITDA	116,1 k €	+173%	42,6 k €	-88.0%	355,8 k €	+254%	100,6 k €	+39.8%	72 k €	-18.6%	88,4 k €	+72.1%	51,4 k €	-29.3%	72,7 k €	-16.1%	86,6 k €	+402%	17,2 k €	-61.3%	44,5 k €	-33.7%	67,1 k €	+0.0%	67,1 k €	-28.4%	93,7 k €	-1.2%	94,8 k €	+32.5%	71,6 k €	+21.4%	59 k €	+3.9%	56,7 k €
Operating result	93,8 k €	+346%	21 k €	-93.2%	308 k €	+555%	47 k €	+144%	19,2 k €	+22.8%	15,7 k €	+182%	5,5 k €	-79.5%	27 k €	-11.7%	30,6 k €	+252%	-20,1 k €	-421%	6,3 k €	-78.5%	29,2 k €	+30.6%	22,3 k €	-49.6%	44,3 k €	-1.8%	45,1 k €	+98.3%	22,7 k €	+127%	10 k €	-35.5%	15,5 k €
Net result	53,1 k €	+330%	12,3 k €	-93.9%	201,1 k €	+513%	32,8 k €	+2352%	1,3 k €	-36.0%	2,1 k €	+1006%	189,1 €	-98.6%	13,4 k €	-36.9%	21,2 k €	+168%	-31 k €	-622%	-4,3 k €	-201%	4,2 k €	+2045%	198 €	-98.6%	14,5 k €	+5.4%	13,7 k €	+4215%	318,4 €	-63.9%	883,1 €	-89.6%	8,5 k €
Balance sheet
Equity	269,8 k €	-1.9%	275,1 k €	+4.7%	262,8 k €	+261%	72,7 k €	-40.2%	121,7 k €	+1.1%	120,3 k €	+1.8%	118,2 k €	-2.3%	121,1 k €	+12.4%	107,7 k €	+24.5%	86,5 k €	-26.4%	117,5 k €	-3.5%	121,8 k €	+3.6%	117,6 k €	+0.2%	117,4 k €	+0.3%	117 k €	+1.7%	115 k €	-10.7%	128,8 k €	+218%	40,5 k €
Total assets	439,5 k €	-2.9%	452,7 k €	-22.6%	584,4 k €	+23.1%	474,8 k €	-3.9%	494,1 k €	-7.4%	533,4 k €	+95.5%	272,8 k €	-13.3%	314,7 k €	-4.7%	330,2 k €	+0.7%	328 k €	-13.3%	378,2 k €	-0.1%	378,7 k €	-10.5%	423,3 k €	-13.0%	486,5 k €	-4.9%	511,4 k €	-10.8%	573,1 k €	-7.6%	620,5 k €	+7.7%	576,3 k €
Cash	3,8 k €	+169%	1,4 k €	-96.5%	40,4 k €	+34.3%	30,1 k €	+53.7%	19,6 k €	-67.6%	60,5 k €	+997%	5,5 k €	-11.4%	6,2 k €	-42.7%	10,9 k €	+187%	3,8 k €	-78.8%	17,8 k €	-48.7%	34,8 k €	+50.1%	23,2 k €	+61.2%	14,4 k €	-32.0%	21,1 k €	+59.6%	13,2 k €	-77.7%	59,3 k €	+644%	8 k €
Debts	169,7 k €	-4.4%	177,5 k €	-44.8%	321,6 k €	-20.0%	402,1 k €	+8.4%	370,8 k €	-10.2%	413 k €	+167%	154,5 k €	-20.2%	193,6 k €	-13.0%	222,5 k €	-7.9%	241,5 k €	-7.3%	260,6 k €	+1.5%	256,9 k €	-16.0%	305,7 k €	-17.2%	369,2 k €	-6.4%	394,4 k €	-13.9%	458,1 k €	-6.8%	491,6 k €	-8.2%	535,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Joris Breugelmans

Director · since 01 janvier 2002

Active

Ended mandates

Joris Breugelmans

Manager · since 01 janvier 2002

Ended

At this address

Other companies at this address

Company	CBE no.
DE HOGE BOOM● Active	0824.725.078
NEWCO K● Bankrupt	0474.689.492

Annual accounts

Full financial information

	2025	2024	2023	2021	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/01/2022	01/01/2021	01/01/2019	01/01/2018
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	31/12/2021	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	21 months	12 months	12 months	12 months
Filing date	16/03/2026	30/04/2025	30/04/2024	03/08/2022	31/08/2020	10/10/2019
General meeting	16/03/2026	03/03/2025	01/03/2024	15/06/2022	31/08/2020	19/06/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	16/03/2026	16/03/2026	Dutch	PDF
Abridged model	30/09/2024	03/03/2025	30/04/2025	Dutch	PDF
Abridged model	30/09/2023	01/03/2024	30/04/2024	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	03/08/2022	Dutch	PDF
Abridged model	31/12/2019	31/08/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	19/06/2019	10/10/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	21/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	17/06/2015	25/09/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/08/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	08/08/2011	09/08/2011	Dutch	PDF
Abridged model	31/12/2009	16/06/2010	07/07/2010	Dutch	PDF
Abridged model	31/12/2008	17/06/2009	08/07/2009	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	12/07/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	22/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Joris Breugelmans

Director · since 01 janvier 2002

Active

Ended mandates

Joris Breugelmans

Manager · since 01 janvier 2002

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other28/11/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates17/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office13/03/2015
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares25/01/2008
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202553,1 k €↑
2025
Name changeENGINEERS BV
2024
Annual accounts 202412,3 k €↓
2023
Annual accounts 2023201,1 k €↑
2021
Annual accounts 202132,8 k €↑
2021
Name change0311-ENGINEERS BVBA
2019
Annual accounts 20191,3 k €↓
2018
Annual accounts 20182,1 k €↑
2017
Annual accounts 2017189,1 €↓
2016
Annual accounts 201613,4 k €↓
2015
Annual accounts 201521,2 k €↑
2014
Annual accounts 2014-31 k €↓
2013
Annual accounts 2013-4,3 k €↓
2012
Annual accounts 20124,2 k €↑
2011
Annual accounts 2011198 €↓
2010
Annual accounts 201014,5 k €↑
2009
Annual accounts 200913,7 k €↑
2008
Annual accounts 2008318,4 €↓
2007
Annual accounts 2007883,1 €↓
2006
Annual accounts 20068,5 k €
03/03/2000
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ENGINEERS

Overview

What does ENGINEERS do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline