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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ENGELS BRUGGE from Brugge, company number BE0834917305, closed financial year 2025 with a result of € -39,359 after tax. For that financial year ENGELS BRUGGE recorded a gross margin of € -60,928 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € 112,931 to € -39,359. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ -1.3 million
▼ € 39,359 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,359
▼ still € 112,931 profit in 2024
Profit after tax over the fiscal year.
€ 4,871
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 5,981
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 18,145
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37
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 | € 534,116 | € 841,250 | € 164,119 | € -60,928 | ▼ € 225,047 |
| Profit after taxes | € -373,999 | € -21,860 | € 112,931 | € -39,359 | ▼ € 152,290 |
| Equity | € -1,308,838 | € -1,330,698 | € -1,217,767 | € -1,257,126 | ▼ € 39,359 |
| Total debts | € 2,175,805 | € 1,908,577 | € 1,378,278 | € 1,366,752 | ▼ 1% |
| Cash | € 24,634 | € 28,716 | € 16,190 | € 4,871 | ▼ 70% |
| Land & buildings | € 5,312 | € 4,263 | € 3,213 | € 2,164 | ▼ 33% |
| Retained profit | € -1,370,838 | € -1,392,698 | € -1,279,767 | € -1,319,126 | ▼ € 39,359 |
| Bank debt | € 53,488 | € 51,236 | € 0 | € 0 | |
| Balance sheet total | € 894,306 | € 605,218 | € 187,851 | € 109,626 | ▼ 42% |
| Employees (FTE) | 10 | 7.6 | 0 | 0 |
Key figures of ENGELS BRUGGE, 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 ENGELS BRUGGE?
What happened at ENGELS BRUGGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,359 (▼ € 152,290 vs 2024). Source: NBB ↗
- Christophe Engels stepped down as director. NBB
- ENGELS B&E BV stepped down as director. NBB
- New establishment in Lokeren. KBO
- Christophe Engels became a director. NBB
- ENGELS B&E BV became a director. NBB
- New establishment in Kortrijk. KBO
- New establishment in Brugge. KBO
In short
From € 373,999 loss in 2022 to € 39,359 loss in 2025.
Paid € 3,178 in corporate taxes since 2022.
Best year ever: 2024, with € 112,931 profit.
On average € 110,700 of value added per employee in 2023.
Management
The stake of EOS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ENGELS BRUGGEThe shares are held by EOS (100%).
Directors
According to the 2025 annual accounts
Christophe Engels
Director
Also active at: IMMO - 47, EDMOND, COCOCINEL, CASTIBO, ENGELS, EOS, SONHOUSE GROUP
since 2020 · until 2026
Director · represented by Engels Didier
Also active at: ENGELS WOOD FACTORY, IMMO - 47, DM, Avista Aluminium, AC WINDOWS, COCOCINEL, CASTIBO, SDW Windows +3 more
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Pieterskaai 39
8000 Brugge
Doorniksewijk(Kor) 67
8500 Kortrijk
Active since 15 January 2012
Gentse Steenweg 136
9160 Lokeren
Active since 1 August 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0834.917.305
- VAT number
- BE 0834.917.305
- Registered office
- Sint-Pieterskaai 39, 8000 Brugge
- Names & denominations
- ENGELS BRUGGE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2011
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in hout
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Groothandel in overige bouwmaterialen
Reparatie en onderhoud van consumentenartikelen, neg
Detailhandel in houten bouw- en tuinmaterialen