Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
General Engineering from Wetteren, company number BE0738835043, closed financial year 2025 with a result of € 22,983 after tax. For that financial year General Engineering recorded a gross margin of € 65,685 and equity of € 40,947. Compared with financial year 2024, the result moved from € 24,213 to € 22,983. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2026.
€ 40,947
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,983
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 12,230
▲ 142% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 24,271
▲ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27,694
▲ 4% vs 2024
€ 14,992 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,429
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,925
▲ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,225 | € 33,181 | € 63,563 | € 65,685 | ▲ 3% |
| Profit after taxes | € 4,267 | € 4,222 | € 24,213 | € 22,983 | ▼ 5% |
| Equity | € 14,530 | € 18,752 | € 42,965 | € 40,947 | ▼ 5% |
| Total debts | € 100,415 | € 87,638 | € 67,062 | € 72,614 | ▲ 8% |
| Cash | € 6 | € 1 | € 5,055 | € 12,230 | ▲ 142% |
| Land & buildings | € 41,784 | € 37,606 | € 50,479 | € 44,561 | ▼ 12% |
| Retained profit | € 12,530 | € 16,752 | € 40,965 | € 38,947 | ▼ 5% |
| Dividend | € 0 | € 0 | € 0 | € 25,000 | |
| Bank debt | € 24,340 | € 16,509 | € 26,647 | € 27,694 | ▲ 4% |
| Balance sheet total | € 114,945 | € 106,391 | € 110,026 | € 113,561 | ▲ 3% |
Key figures of General Engineering, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to General Engineering?
What happened at General Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,983 (▼ 5% vs 2024). filed late Source: NBB ↗
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,267 profit in 2022 to € 22,983 profit in 2025.
Paid € 31,243 in corporate taxes since 2022.
Best year ever: 2024, with € 24,213 profit.
Paid out € 25,000 in dividends to the owners in total.
Management
Behind General Engineering is Fatih Eyri. Fatih Eyri is also behind RECHARGE AUTOMATIVE SOLUTIONS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Slekkebeek 29
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0738.835.043
- VAT number
- BE 0738.835.043
- Registered office
- Slekkebeek 29, 9230 Wetteren
- Names & denominations
- General Engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2019
- Peppol
- Active · Active since 19 May 2026
- Activities · NACE
Installatie van industriële machines, toestellen en werktuigen
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige niet-gespecialiseerde detailhandel
Overige reiniging van gebouwen; industriële reiniging
Activiteiten van kuuroorden, sauna’s en stoombaden
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Algemene elektrotechnische installatiewerken
Overige zakelijke dienstverlening, neg
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