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.
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 7, 2026.
€ 1.5 million
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -237,550
▲ 62 % less loss than in 2024
Profit after tax over the fiscal year.
€ 189,096
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3 million.
People and assets in 2025
17.4
▲ 10.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 4,864
▲ € 4,368 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.6 million
▲ 2% vs 2024
€ 184,460 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 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.
€ 491,657
▲ 82% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,067,710 | € 7,686,988 | € 6,926,221 | € 7,546,817 | ▲ 9% |
| Profit after taxes | € -419,736 | € -534,016 | € -621,196 | € -237,550 | ▲ € 383,646 |
| Equity | € 2,939,067 | € 2,405,051 | € 1,783,855 | € 1,546,305 | ▼ 13% |
| Total debts | € 6,518,834 | € 7,644,833 | € 8,089,814 | € 9,058,894 | ▲ 12% |
| Cash | € 145,403 | € 27,538 | € 260,845 | € 189,096 | ▼ 28% |
| Retained profit | € -1,570,435 | € -2,104,451 | € -2,725,647 | € -2,963,197 | ▼ € 237,550 |
| Bank debt | € 1,095,330 | € 1,610,515 | € 3,513,527 | € 3,573,506 | ▲ 2% |
| Balance sheet total | € 9,457,901 | € 10,049,884 | € 9,873,669 | € 10,605,198 | ▲ 7% |
| Employees (FTE) | 13 | 13.1 | 6.6 | 17.4 | ▲ 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:
- New annual accounts for financial year 2025: loss of € 237,550. filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Lokeren. KBO
- 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.
A new publication or filing at ENGELS? We notify you, reason included.
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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
Establishments
Establishment units
Physical locations of this company
Gentse Steenweg 136
9160 Lokeren
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
€ 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
- 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
+5