ENGELS is a wholesaler in Lokeren. Public Limited, started on 11 August 2006, 2 establishments.

What is the address of ENGELS?

The registered office of ENGELS is located at Gentse Steenweg 136, 9160 Lokeren.

Is ENGELS still active?

Yes. According to the CBE (29 October 2026) ENGELS is active, legal situation “Normale toestand”, started on 11 August 2006.

Is ENGELS registered on Peppol?

Yes, ENGELS is registered on the Peppol network with ID 0208:0882990604.

What is the enterprise number of ENGELS?

The enterprise number of ENGELS is BE0882990604.

When was ENGELS founded?

ENGELS was founded on 11 August 2006.

Who are the directors of ENGELS?

According to the 2025 annual accounts, the directors of ENGELS are: ENGELS B&E BV, J&M Invest NV.

Is ENGELS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 August 2006; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did ENGELS make in 2025?

ENGELS recorded a loss after taxes of € 237,550 in financial year 2025.

What is the revenue of ENGELS?

In its most recent annual accounts (2025), ENGELS reported revenue of € 7,546,817.

How much does an employee at ENGELS earn?

The average wage cost per full-time employee at ENGELS was € 72,900 in 2025: staff costs of € 1.3 million for 17.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ENGELS have?

According to the 2025 annual accounts, ENGELS has 17.4 full-time equivalents (FTE).

ENGELS (Public Limited) - Lokeren - BE0882990604

Dossier ENGELS, printed on 29 October 2026 from databakkes.be/en/0882990604/engels. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Figures corrected NBB

Corrected annual account filed for 2025.

Financials

Financial year 2025

ENGELS from Lokeren, company number BE0882990604, closed financial year 2025 with a result of € -237,550 after tax. For that financial year ENGELS recorded revenue of € 7.5 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -621,196 to € -237,550. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.

What it is worth Healthy

€ 1.5 million

▼ 13% vs 2024

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

Loss Caution

€ -237,550

▲ 62 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 189,096

▼ 28% 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 € -3 million.

People and assets in 2025

Full-time equivalents

17.4

▲ 10.8 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 981,747 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.3 million

▲ 7% vs 2024

€ 72,900 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

€ 4,864

▲ € 4,368 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 3.6 million

▲ 2% vs 2024

€ 184,460 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1.6 million

▲ 82% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 89 days on average.

Taxes and wages

€ 491,657

▲ 82% 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	€ 8,067,710 Revenue 2022: € 8,067,710 First fiscal year in the series	€ 7,686,988 Revenue 2023: € 7,686,988 ▼ 5% vs 2022 (€ 8,067,710) Unfavourable step	€ 6,926,221 Revenue 2024: € 6,926,221 ▼ 10% vs 2023 (€ 7,686,988) Unfavourable step	€ 7,546,817 Revenue 2025: € 7,546,817 ▲ 9% vs 2024 (€ 6,926,221) Favourable step	▲ 9%
Profit after taxes	€ -419,736 Profit after taxes 2022: € -419,736 First fiscal year in the series	€ -534,016 Profit after taxes 2023: € -534,016 ▼ € 114,281 vs 2022 (€ -419,736) Unfavourable step	€ -621,196 Profit after taxes 2024: € -621,196 ▼ € 87,180 vs 2023 (€ -534,016) Unfavourable step	€ -237,550 Profit after taxes 2025: € -237,550 ▲ € 383,646 vs 2024 (€ -621,196) Favourable step	▲ € 383,646
Equity	€ 2,939,067 Equity 2022: € 2,939,067 First fiscal year in the series	€ 2,405,051 Equity 2023: € 2,405,051 ▼ 18% vs 2022 (€ 2,939,067) Unfavourable step	€ 1,783,855 Equity 2024: € 1,783,855 ▼ 26% vs 2023 (€ 2,405,051) Unfavourable step	€ 1,546,305 Equity 2025: € 1,546,305 ▼ 13% vs 2024 (€ 1,783,855) Unfavourable step	▼ 13%
Total debts	€ 6,518,834 Total debts 2022: € 6,518,834 First fiscal year in the series	€ 7,644,833 Total debts 2023: € 7,644,833 ▲ 17% vs 2022 (€ 6,518,834) Unfavourable step	€ 8,089,814 Total debts 2024: € 8,089,814 ▲ 6% vs 2023 (€ 7,644,833) Unfavourable step	€ 9,058,894 Total debts 2025: € 9,058,894 ▲ 12% vs 2024 (€ 8,089,814) Unfavourable step	▲ 12%
Cash	€ 145,403 Cash 2022: € 145,403 First fiscal year in the series	€ 27,538 Cash 2023: € 27,538 ▼ 81% vs 2022 (€ 145,403) Unfavourable step	€ 260,845 Cash 2024: € 260,845 ▲ € 233,307 vs 2023 (€ 27,538) Favourable step	€ 189,096 Cash 2025: € 189,096 ▼ 28% vs 2024 (€ 260,845) Unfavourable step	▼ 28%
Retained profit	€ -1,570,435 Retained profit 2022: € -1,570,435 First fiscal year in the series	€ -2,104,451 Retained profit 2023: € -2,104,451 ▼ € 534,016 vs 2022 (€ -1,570,435) Unfavourable step	€ -2,725,647 Retained profit 2024: € -2,725,647 ▼ € 621,196 vs 2023 (€ -2,104,451) Unfavourable step	€ -2,963,197 Retained profit 2025: € -2,963,197 ▼ € 237,550 vs 2024 (€ -2,725,647) Unfavourable step	▼ € 237,550
Bank debt	€ 1,095,330 Bank debt 2022: € 1,095,330 First fiscal year in the series	€ 1,610,515 Bank debt 2023: € 1,610,515 ▲ 47% vs 2022 (€ 1,095,330) Unfavourable step	€ 3,513,527 Bank debt 2024: € 3,513,527 ▲ 118% vs 2023 (€ 1,610,515) Unfavourable step	€ 3,573,506 Bank debt 2025: € 3,573,506 ▲ 2% vs 2024 (€ 3,513,527) Unfavourable step	▲ 2%
Balance sheet total	€ 9,457,901 Balance sheet total 2022: € 9,457,901 First fiscal year in the series	€ 10,049,884 Balance sheet total 2023: € 10,049,884 ▲ 6% vs 2022 (€ 9,457,901) Unchanged	€ 9,873,669 Balance sheet total 2024: € 9,873,669 ▼ 2% vs 2023 (€ 10,049,884) Unchanged	€ 10,605,198 Balance sheet total 2025: € 10,605,198 ▲ 7% vs 2024 (€ 9,873,669) Unchanged	▲ 7%
Employees (FTE)	13 Employees (FTE) 2022: 13 First fiscal year in the series	13.1 Employees (FTE) 2023: 13.1 ▲ 0.1 vs 2022 (13) Unchanged	6.6 Employees (FTE) 2024: 6.6 ▼ 6.5 vs 2023 (13.1) Unchanged	17.4 Employees (FTE) 2025: 17.4 ▲ 10.8 vs 2024 (6.6) Unchanged	▲ 10.8

Key figures of ENGELS, 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?

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

2030 ENGELS B&E BV stepped down as director. NBB
2030 J&M Invest NV stepped down as director. NBB
Sep 25, 2026 Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
2024 ENGELS B&E BV became a director. NBB
2024 J&M Invest NV became a director. NBB
Dec 1, 2019 New establishment in Gent. KBO
Jan 9, 2007 New establishment in Lokeren. KBO
Aug 11, 2006 Start of the company according to the CBE. KBO

In short

From € 419,736 loss in 2022 to € 237,550 loss in 2025.

Paid € 82,706 in corporate taxes since 2022.

Pays suppliers within 89 days on average.

Original PDFs at the National Bank ↗

Management

EWG 100%

ENGELS

The shares are held by EWG (100%).

Directors

According to the 2025 annual accounts

ENGELS B&E BV

Managing 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 2024 · until 2030

J&M Invest NV

Managing director · represented by Engels Christophe

Also active at: ENGELS WOOD FACTORY, Avista Aluminium, AC WINDOWS, COCOCINEL, EWG, EOS

since 2024 · until 2030

Shareholders

EWG

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Gentse Steenweg 136

9160 Lokeren

2.335.700.513

Kortrijksesteenweg 1214

9051 Gent

Active since 1 December 2019

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 same network

€ 7.7 million revenue · 2025

IMMO - 47 same network

€ 427,563 gross margin · 2025

DM same network

€ -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

0882.990.604

VAT number

BE 0882.990.604

Registered office

Gentse Steenweg 136, 9160 Lokeren

Names & denominations

ENGELS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

11 August 2006

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Groothandel in bouwmaterialen, algemeen assortiment

Handelsbemiddeling in de groothandel in hout en bouwmaterialen

Handelsbemiddeling in hout en bouwmaterialen

Schrijnwerk

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Computeradviesbureaus

View on CBE Public ↗ Annual accounts (NBB) ↗

ENGELS

Warning lights

Financials

What happened to ENGELS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions