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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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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
Engelen & Partners Accountants from Hasselt, company number BE0427042795, closed financial year 2025 with a result of € 215,788 after tax. For that financial year Engelen & Partners Accountants recorded revenue of € 811,974 and equity of € 15 million. Compared with financial year 2024, the result moved from € 444,939 to € 215,788. 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 August 26, 2026.
€ 15 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 215,788
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 11.9 million
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 11.7 million.
People and assets in 2025
€ 25,798
▲ 34% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 60,463
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 6% vs 2024
€ 126,704 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 71,326
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,619
▼ 71% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,017,453 | € 811,974 | ▼ 20% |
| Gross margin | € 420,711 | € 614,710 | € 1,102,680 | € 798,418 | ▼ 28% |
| Profit after taxes | € 1,581,139 | € 482,044 | € 444,939 | € 215,788 | ▼ 52% |
| Equity | € 11,391,034 | € 11,873,078 | € 16,238,852 | € 14,954,640 | ▼ 8% |
| Total debts | € 3,570,453 | € 3,059,699 | € 1,806,158 | € 3,442,859 | ▲ 91% |
| Cash | € 7,127,666 | € 6,658,894 | € 11,948,685 | € 11,896,734 | |
| Land & buildings | - | - | € 3,391,313 | € 3,283,903 | ▼ 3% |
| Retained profit | € 7,924,934 | € 8,406,978 | € 11,514,544 | € 11,730,332 | ▲ 2% |
| Bank debt | € 0 | € 1,000,000 | € 1,217,756 | € 1,146,001 | ▼ 6% |
| Balance sheet total | € 14,961,487 | € 14,932,777 | € 18,091,475 | € 18,438,313 | ▲ 2% |
Key figures of Engelen & Partners Accountants, 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 Engelen & Partners Accountants?
What happened at Engelen & Partners Accountants in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 215,788 (▼ 52% vs 2024). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2022 to € 215,788 profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
Establishments
Establishment units
Physical locations of this company
Ilgatlaan 21
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0427.042.795
- VAT number
- BE 0427.042.795
- Registered office
- Ilgatlaan 21, 3500 Hasselt
- Names & denominations
- Engelen & Partners Accountants
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1985
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders
Boekhouders en boekhouders-fiscalisten