What does DEGELS METAL do?

DEGELS METAL is a wholesaler in Ieper. Private Limited, started on 25 May 1987, 1 establishment.

What is the address of DEGELS METAL?

The registered office of DEGELS METAL is located at Jaagpad 4, 8900 Ieper.

Is DEGELS METAL still active?

Yes. According to the CBE (30 October 2026) DEGELS METAL is active, legal situation “Normale toestand”, started on 25 May 1987.

Is DEGELS METAL registered on Peppol?

Yes, DEGELS METAL is registered on the Peppol network with ID 0208:0431208847.

What is the enterprise number of DEGELS METAL?

The enterprise number of DEGELS METAL is BE0431208847.

When was DEGELS METAL founded?

DEGELS METAL was founded on 25 May 1987.

Who are the directors of DEGELS METAL?

According to the 2025 annual accounts, the directors of DEGELS METAL are: Marjola MAES, Filip DEGELS.

Is DEGELS METAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 May 1987; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did DEGELS METAL make in 2025?

DEGELS METAL recorded a loss after taxes of € 222,170 in financial year 2025.

What is the revenue of DEGELS METAL?

As a small company, DEGELS METAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 690,553.

How much does an employee at DEGELS METAL earn?

The average wage cost per full-time employee at DEGELS METAL was € 47,100 in 2025: staff costs of € 188,590 for 4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DEGELS METAL have?

According to the 2025 annual accounts, DEGELS METAL has 4 full-time equivalents (FTE).

DEGELS METAL (Private Limited) - Ieper - BE0431208847

Dossier DEGELS METAL, printed on 30 October 2026 from databakkes.be/en/0431208847/degels-metal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 6.2 to 4.

Financials

Financial year 2025

DEGELS METAL from Ieper, company number BE0431208847, closed financial year 2025 with a result of € -222,170 after tax. For that financial year DEGELS METAL recorded a gross margin of € 690,553 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 87,669 to € -222,170. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.

What it is worth Healthy

€ 1.8 million

▼ 11% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -222,170

▼ still € 87,669 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 217,763

▼ 77% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.6 million.

People and assets in 2025

Full-time equivalents

▼ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 188,590

▼ 9% vs 2024

€ 47,100 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.

Vehicles and equipment

€ 77,663

▼ 52% vs 2024

Of which on lease € 38,244.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.5 million

▼ 20% vs 2024

€ 205,811 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 1.4 million

▲ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 39,491

▼ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	€ 12,502,402 Revenue 2023: € 12,502,402 First fiscal year in the series	-	-
Gross margin	€ 1,981,737 Gross margin 2022: € 1,981,737 First fiscal year in the series	-	€ 1,048,176 Gross margin 2024: € 1,048,176 First fiscal year in the series	€ 690,553 Gross margin 2025: € 690,553 ▼ 34% vs 2024 (€ 1,048,176) Unfavourable step	▼ 34%
Profit after taxes	€ 80,809 Profit after taxes 2022: € 80,809 First fiscal year in the series	€ 887 Profit after taxes 2023: € 887 ▼ 99% vs 2022 (€ 80,809) Unfavourable step	€ 87,669 Profit after taxes 2024: € 87,669 ▲ € 86,782 vs 2023 (€ 887) Favourable step	€ -222,170 Profit after taxes 2025: € -222,170 ▼ € 309,839 vs 2024 (€ 87,669) Unfavourable step	▼ € 309,839
Equity	€ 2,188,272 Equity 2022: € 2,188,272 First fiscal year in the series	€ 2,189,159 Equity 2023: € 2,189,159 Unchanged (€ 2,188,272) Favourable step	€ 2,065,213 Equity 2024: € 2,065,213 ▼ 6% vs 2023 (€ 2,189,159) Unfavourable step	€ 1,843,043 Equity 2025: € 1,843,043 ▼ 11% vs 2024 (€ 2,065,213) Unfavourable step	▼ 11%
Total debts	€ 5,969,939 Total debts 2022: € 5,969,939 First fiscal year in the series	€ 5,156,575 Total debts 2023: € 5,156,575 ▼ 14% vs 2022 (€ 5,969,939) Favourable step	€ 4,638,294 Total debts 2024: € 4,638,294 ▼ 10% vs 2023 (€ 5,156,575) Favourable step	€ 3,939,107 Total debts 2025: € 3,939,107 ▼ 15% vs 2024 (€ 4,638,294) Favourable step	▼ 15%
Cash	€ 667,699 Cash 2022: € 667,699 First fiscal year in the series	€ 174,729 Cash 2023: € 174,729 ▼ 74% vs 2022 (€ 667,699) Unfavourable step	€ 956,106 Cash 2024: € 956,106 ▲ € 781,377 vs 2023 (€ 174,729) Favourable step	€ 217,763 Cash 2025: € 217,763 ▼ 77% vs 2024 (€ 956,106) Unfavourable step	▼ 77%
Land & buildings	€ 1,668,472 Land & buildings 2022: € 1,668,472 First fiscal year in the series	€ 1,647,549 Land & buildings 2023: € 1,647,549 ▼ 1% vs 2022 (€ 1,668,472) Unchanged	€ 1,559,026 Land & buildings 2024: € 1,559,026 ▼ 5% vs 2023 (€ 1,647,549) Unchanged	€ 1,474,680 Land & buildings 2025: € 1,474,680 ▼ 5% vs 2024 (€ 1,559,026) Unchanged	▼ 5%
Retained profit	€ 1,969,672 Retained profit 2022: € 1,969,672 First fiscal year in the series	€ 1,970,559 Retained profit 2023: € 1,970,559 Unchanged (€ 1,969,672) Favourable step	€ 1,846,613 Retained profit 2024: € 1,846,613 ▼ 6% vs 2023 (€ 1,970,559) Unfavourable step	€ 1,624,443 Retained profit 2025: € 1,624,443 ▼ 12% vs 2024 (€ 1,846,613) Unfavourable step	▼ 12%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 211,615 Dividend 2024: € 211,615 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 211,615) Unchanged	▼ 100%
Bank debt	€ 3,269,509 Bank debt 2022: € 3,269,509 First fiscal year in the series	€ 3,736,337 Bank debt 2023: € 3,736,337 ▲ 14% vs 2022 (€ 3,269,509) Unfavourable step	€ 3,096,849 Bank debt 2024: € 3,096,849 ▼ 17% vs 2023 (€ 3,736,337) Favourable step	€ 2,464,019 Bank debt 2025: € 2,464,019 ▼ 20% vs 2024 (€ 3,096,849) Favourable step	▼ 20%
Balance sheet total	€ 8,173,294 Balance sheet total 2022: € 8,173,294 First fiscal year in the series	€ 7,352,118 Balance sheet total 2023: € 7,352,118 ▼ 10% vs 2022 (€ 8,173,294) Unchanged	€ 6,707,476 Balance sheet total 2024: € 6,707,476 ▼ 9% vs 2023 (€ 7,352,118) Unchanged	€ 5,783,704 Balance sheet total 2025: € 5,783,704 ▼ 14% vs 2024 (€ 6,707,476) Unchanged	▼ 14%
Employees (FTE)	5.2 Employees (FTE) 2022: 5.2 First fiscal year in the series	6.2 Employees (FTE) 2023: 6.2 ▲ 1 vs 2022 (5.2) Unchanged	4.3 Employees (FTE) 2024: 4.3 ▼ 1.9 vs 2023 (6.2) Unchanged	4 Employees (FTE) 2025: 4 ▼ 0.3 vs 2024 (4.3) Unchanged	▼ 0.3

Key figures of DEGELS METAL, 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 DEGELS METAL?

What happened at DEGELS METAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 14, 2026 New annual accounts for financial year 2025: loss of € 222,170 (▼ € 309,839 vs 2024). Source: NBB ↗
Jun 3, 1987 New establishment in Ieper. KBO
May 25, 1987 Start of the company according to the CBE. KBO

In short

From € 80,809 profit in 2022 to € 222,170 loss in 2025.

Paid € 993,414 in corporate taxes since 2022.

Best year ever: 2024, with € 87,669 profit.

On average € 172,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Marjola MAES Filip DEGELS

Degels Transal

DEGELS METAL

Behind DEGELS METAL are Marjola MAES and Filip DEGELS. The same people are also behind Degels Transal.

Directors

According to the 2025 annual accounts

Marjola MAES

Director

Also active at: Degels Transal

Filip DEGELS

Director

Also active at: Degels Transal

Establishments

Establishment units

Physical locations of this company

Registered office

Jaagpad 4

8900 Ieper

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Degels Transal same network

€ 237,861 gross margin · 2025

ID-Fixed

€ 38,121 gross margin · 2025

MD LOGIC

€ 56,941 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0431.208.847

VAT number

BE 0431.208.847

Registered office

Jaagpad 4, 8900 Ieper

Names & denominations

DEGELS METAL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 May 1987

Peppol

Active · Active since 23 Dec 2025

Activities · NACE

Groothandel in ijzer- en staalschroot en in oude non-ferrometalen

Groothandel in afval en schroot

Goederenvervoer over de weg

Logistieke diensten

Overige activiteiten i.v.m. de organisatie van het vrachtvervoer

Overige vervoerondersteunende activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

DEGELS METAL

Warning lights

Financials

What happened to DEGELS METAL?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions