There are plenty of 1990's-vintage 9-series engines still in service. Check the logbook!!
As long as it has been regularly and periodically maintained according to the manuals, it should be fine...
Just remember that engines in storage (or sitting on a plane unused) still need to be maintained with a certain protocol. And there are things that are strictly serviceable by calendar time (Five year rubber replacement, for example)
See the 914 Installation manual section 9.3: "If the engine is stored for a period longer than 12 month perform every 3 months the tasks given in the current valid Maintenance Manual, section 11.11.1 'Preservation of a new engine'. "
All the 914 manuals can be downloaded here: https://www.rotax-owner.com/en/support-topmenu/engine-manuals#914-series-engines