Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ENGELS B&E from Lokeren, company number BE0865882673, closed financial year 2025 with a result of € -49,209 after tax. For that financial year ENGELS B&E recorded a gross margin of € -12,921 and equity of € -260,095. Compared with financial year 2024, the result moved from € -9,736 to € -49,209. 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 27, 2026.
€ -260,095
▼ € 49,209 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,209
▼ 405 % more loss than in 2024
Profit after tax over the fiscal year.
€ 959
▲ 250% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -278,695.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,722
▼ 28% 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.
€ 4,240
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 75,000
Loans from banks and other lenders, long and short.
€ 170,103
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,331
▲ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -56,364 | € -39,105 | € 29,445 | € -12,921 | ▼ € 42,366 |
| Profit after taxes | € -91,607 | € -73,955 | € -9,736 | € -49,209 | ▼ € 39,473 |
| Equity | € -127,194 | € -201,149 | € -210,886 | € -260,095 | ▼ € 49,209 |
| Total debts | € 188,879 | € 263,988 | € 281,697 | € 353,722 | ▲ 26% |
| Cash | € 7,393 | € 1,975 | € 274 | € 959 | ▲ 250% |
| Retained profit | € -145,794 | € -219,749 | € -229,486 | € -278,695 | ▼ € 49,209 |
| Bank debt | € 75,000 | € 75,000 | € 75,000 | € 75,000 | |
| Balance sheet total | € 61,684 | € 62,838 | € 70,811 | € 93,627 | ▲ 32% |
Key figures of ENGELS B&E, 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 B&E?
What happened at ENGELS B&E in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 49,209. Source: NBB ↗
- Didier Engels became a director. NBB
- New establishment in Lokeren. KBO
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 91,607 loss in 2022 to € 49,209 loss in 2025.
Paid € 709 in corporate taxes since 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ENGELS B&E is Didier Engels. Didier Engels is also behind EDMOND, Avista Aluminium, COCOCINEL, EWG and ENGELS.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Gentse Steenweg 136
9160 Lokeren
Moervaartveer 1
9160 Lokeren
Active since 2 January 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →ENGELS WOOD FACTORY
€ 7.7 million revenue · 2025
IMMO - 47
€ 427,563 gross margin · 2025
DM
€ -8,788 gross margin · 2025
ENGELS GROEP
Peppy
€ 233,057 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0865.882.673
- VAT number
- BE 0865.882.673
- Registered office
- Gentse Steenweg 136, 9160 Lokeren
- Names & denominations
- ENGELS B&E
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2004
- Peppol
- Active · Active since 2 Feb 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten
Exploitatie van schouwburgen, concertzalen en dergelijke
Activiteiten van reclamebureaus
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Publiciteitsagentschappen
+3