Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ABSOLEM ENGINEERS from Mechelen, company number BE0828556083, closed financial year 2025 with a result of € -14,150 after tax. For that financial year ABSOLEM ENGINEERS recorded a gross margin of € 5.3 million and equity of € 80,137. Compared with financial year 2024, the result moved from € -29,191 to € -14,150. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 80,137
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,150
▲ 52 % less loss than in 2024
Profit after tax over the fiscal year.
€ 118,682
▲ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 18,637.
People and assets in 2025
57.8
Average over the fiscal year, from the social balance sheet.
€ 5 million
▲ 8% vs 2024
€ 86,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 55,727
▲ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 799,230
▼ 19% vs 2024
€ 27,927 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 209,239
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 629,500
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,956,437 | € 4,721,287 | € 5,005,422 | € 5,253,552 | ▲ 5% |
| Profit after taxes | € -92,026 | € -293,131 | € -29,191 | € -14,150 | ▲ € 15,042 |
| Equity | € 416,609 | € 123,478 | € 94,286 | € 80,137 | ▼ 15% |
| Total debts | € 2,351,117 | € 2,655,219 | € 2,455,221 | € 2,441,112 | ▼ 1% |
| Cash | € 61,035 | € 123,603 | € 68,748 | € 118,682 | ▲ 73% |
| Land & buildings | € 204,302 | € 172,066 | € 139,830 | € 107,595 | ▼ 23% |
| Retained profit | € 355,109 | € 61,978 | € 32,786 | € 18,637 | ▼ 43% |
| Bank debt | € 1,357,369 | € 1,290,200 | € 988,699 | € 799,230 | ▼ 19% |
| Balance sheet total | € 2,767,726 | € 2,778,697 | € 2,549,508 | € 2,521,249 | ▼ 1% |
| Employees (FTE) | 65.8 | 61 | 57.8 | 57.8 |
Key figures of ABSOLEM ENGINEERS, 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 ABSOLEM ENGINEERS?
What happened at ABSOLEM ENGINEERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,150. Source: NBB ↗
- Broun & Wolf became a director. NBB
- New establishment in Turnhout. KBO
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,026 loss in 2022 to € 14,150 loss in 2025.
Paid € 145,079 in corporate taxes since 2022.
On average € 90,900 of value added per employee in 2025.
Management
The stake of Broun & Wolf comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ABSOLEM ENGINEERSBehind ABSOLEM ENGINEERS is Broun & Wolf. The shares are held by Broun & Wolf (100%). It owns 100% of Absolem Inc and 25.1% of Absolem Engineering itself.
Directors
According to the 2025 annual accounts
Director · represented by Bruno Dejaeghere
Also active at: Absolem Engineering, Hipposcan, Broun & Bricks
since 2021
Shareholders
100%
Participations
Absolem Inc
100%
25.1%
Establishments
Establishment units
Physical locations of this company
Sint-Katelijnestraat 145
2800 Mechelen
Slachthuisstraat 120 box 1
2300 Turnhout
Active since 28 April 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0828.556.083
- VAT number
- BE 0828.556.083
- Registered office
- Sint-Katelijnestraat 145, 2800 Mechelen
- Names & denominations
- ABSOLEM ENGINEERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 August 2010
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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