ACTIVE

ENGELS GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

67,2 k €

+105.0% YoY

Revenue

23,7 M €

-18.4% YoY

Equity

582,1 k €

+13.1% YoY

Workforce

46,4 ETP

-8.3% YoY

What does ENGELS GROUP do?

ENGELS GROUP is a Private limited company incorporated in 1975. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Malle. It employs on average 46,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.144.459

Incorporation

16/06/1975

Legal form

Private limited company

Registered office

Industrieweg 19
2390 Malle · FlandreSee on map

Contributed capital

133 900,00 €

Latest accounts

31/12/2025

Average workforce

46,4 ETP

Activities (NACE)

46431Wholesale of electrical household appliances· main 46431Wholesale of electrical household appliances 46742Wholesale of hardware, plumbing and heating equipment and supplies 46842Wholesale trade, except of motor vehicles and motorcycles 51430Air transport 46460Wholesale of pharmaceutical goods+7

Joint committees (4)

14901
200
211
218

Contacts

1 public detail availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	23,7 M €	-18.4%	29,1 M €	-13.7%	33,7 M €	-13.0%	38,7 M €	-8.6%	42,4 M €	+11.9%	37,9 M €	+27.6%	29,7 M €	+1.6%	29,2 M €	+12.8%	25,9 M €	+3.7%	25 M €	-1.8%	25,4 M €	+1.8%	25 M €	-6.7%	26,8 M €	-10.3%	29,8 M €	-1.8%	30,4 M €	-3.7%	31,5 M €	+5.0%	30 M €	-2.3%	30,7 M €	+0.8%	30,5 M €	+7.3%	28,4 M €
EBITDA	908 k €	+452%	-258,1 k €	-165%	396,7 k €	-51.5%	817,4 k €	-37.9%	1,3 M €	-38.1%	2,1 M €	+122%	958 k €	-11.0%	1,1 M €	+57.1%	685,2 k €	+19.5%	573,2 k €	+1.8%	563,1 k €	+3.2%	545,5 k €	-17.6%	662,4 k €	+9.7%	603,6 k €	-11.5%	682 k €	-28.4%	953 k €	-2.2%	974,9 k €	+17.1%	832,2 k €	+7.5%	774 k €	+7.2%	722 k €
Operating result	462,3 k €	+151%	-897,9 k €	-187%	-312,6 k €	-283%	170,6 k €	-78.5%	794,6 k €	-54.7%	1,8 M €	+177%	632,8 k €	-18.5%	776,5 k €	+98.8%	390,6 k €	+23.0%	317,6 k €	+7.8%	294,5 k €	+7.0%	275,2 k €	-16.8%	330,8 k €	+30.8%	253 k €	-18.6%	310,6 k €	-42.1%	536,1 k €	+2.5%	522,8 k €	+10.6%	472,8 k €	+0.8%	468,8 k €	+6.2%	441,3 k €
Net result	67,2 k €	+105%	-1,3 M €	-32.5%	-1 M €	-106%	-492,6 k €	-509%	120,4 k €	-86.5%	894,1 k €	+594%	128,8 k €	-48.3%	249,2 k €	+2888%	8,3 k €	-13.3%	9,6 k €	-50.1%	19,3 k €	+213%	-17,1 k €	-474%	4,6 k €	+112%	2,2 k €	-70.7%	7,4 k €	-95.1%	149 k €	+503%	24,7 k €	+216%	-21,4 k €	-746%	3,3 k €	-89.8%	32,5 k €
Balance sheet
Equity	582,1 k €	+13.1%	514,9 k €	-72.3%	1,9 M €	-35.3%	2,9 M €	-14.6%	3,4 M €	+3.7%	3,2 M €	+38.0%	2,4 M €	+5.8%	2,2 M €	+12.6%	2 M €	+0.4%	2 M €	+0.5%	2 M €	+1.0%	1,9 M €	-0.9%	2 M €	+0.2%	2 M €	+0.1%	1,9 M €	+0.4%	1,9 M €	+8.3%	1,8 M €	+1.4%	1,8 M €	-1.2%	1,8 M €	+0.2%	1,8 M €
Total assets	11,1 M €	-22.1%	14,2 M €	-10.8%	15,9 M €	-4.9%	16,7 M €	+9.0%	15,4 M €	+54.9%	9,9 M €	+26.7%	7,8 M €	+2.9%	7,6 M €	+1.7%	7,5 M €	+11.5%	6,7 M €	-8.3%	7,3 M €	-0.8%	7,4 M €	+8.5%	6,8 M €	-4.6%	7,1 M €	-2.0%	7,3 M €	+7.1%	6,8 M €	-8.3%	7,4 M €	-18.9%	9,1 M €	+10.4%	8,3 M €	+18.3%	7 M €
Cash	38,6 k €	-69.7%	127,4 k €	+10.3%	115,5 k €	-48.6%	224,6 k €	-3.4%	232,4 k €	-15.3%	274,3 k €	+20.5%	227,6 k €	+17.3%	193,9 k €	-11.6%	219,5 k €	+33.3%	164,6 k €	-30.6%	237,1 k €	+53.7%	154,3 k €	-36.2%	241,9 k €	-16.1%	288,2 k €	-5.1%	303,6 k €	+64.8%	184,2 k €	-8.6%	201,5 k €	-11.9%	228,7 k €	-7.9%	248,3 k €	+22.5%	202,6 k €
Debts	10,5 M €	-23.4%	13,7 M €	-2.6%	14,1 M €	+1.4%	13,9 M €	+15.7%	12 M €	+79.8%	6,7 M €	+21.8%	5,5 M €	+1.7%	5,4 M €	-2.3%	5,5 M €	+16.3%	4,7 M €	-11.6%	5,4 M €	-1.5%	5,4 M €	+12.3%	4,8 M €	-6.5%	5,2 M €	-2.7%	5,3 M €	+9.9%	4,8 M €	-13.7%	5,6 M €	-23.8%	7,4 M €	+13.6%	6,5 M €	+24.5%	5,2 M €
Other
Workforce	46,4 ETP	-8.3%	50,6 ETP	-5.2%	53,4 ETP	-3.8%	55,5 ETP	+3.7%	53,5 ETP	-2.9%	55,1 ETP	+0.4%	54,9 ETP	+0.5%	54,6 ETP	+2.4%	53,3 ETP	-0.9%	53,8 ETP	+3.9%	51,8 ETP	-1.3%	52,5 ETP	-14.5%	61,4 ETP	-1.1%	62,1 ETP	+0.2%	62,0 ETP	+3.0%	60,2 ETP	-5.3%	63,6 ETP	-2.6%	65,3 ETP	-3.7%	67,8 ETP	+3.8%	65,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

EriseD

Director · since 11 décembre 2024 · 1015.971.070

Represented by Marc Engels

Active

Pieter Engels

Director · since 11 décembre 2024

Active

TRIPLE L

Director · since 11 décembre 2024 · 0891.014.581

Represented by Hans Engels

Active

Ended mandates

CAMAGUI

Manager · since 03 septembre 2007 · until 30 avril 2012 · 0891.847.001

Represented by Jan Engels

Ended

CAMAGUI

Manager · since 03 septembre 2007 · 0891.847.001

Represented by Jan Engels

Ended

HATOPI

Manager · since 03 septembre 2007 · until 30 avril 2012 · 0449.345.372

Represented by Marc Engels

Ended

HATOPI

Manager · since 03 septembre 2007 · 0449.345.372

Represented by Marc Engels

Ended

At this address

Other companies at this address

Company	CBE no.
DesirE● Active	1015.972.852
ENGEBO● Active	0428.421.383
EriseD● Active	1015.971.070
J A R C ((JARC))● Active	0456.820.213

Annual accounts

Full financial information

	2025	2025	2024	2023	2022	2021
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/12/2025	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	9 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/05/2026	28/10/2025	31/10/2024	27/10/2023	26/10/2022	08/10/2021
General meeting	19/05/2026	06/09/2025	07/09/2024	02/09/2023	03/09/2022	04/09/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/05/2026	19/05/2026	Dutch	PDF
Full model	31/03/2025	06/09/2025	28/10/2025	Dutch	PDF
Full model	31/03/2024	07/09/2024	31/10/2024	Dutch	PDF
Full model	31/03/2023	02/09/2023	27/10/2023	Dutch	PDF
Full model	31/03/2022	03/09/2022	26/10/2022	Dutch	PDF
Full model	31/03/2021	04/09/2021	08/10/2021	Dutch	PDF
Full model	31/03/2020	05/09/2020	05/10/2020	Dutch	PDF
Full model	31/03/2019	07/09/2019	03/10/2019	Dutch	PDF
Full model	31/03/2018	01/09/2018	26/10/2018	Dutch	PDF
Full model	31/03/2017	02/09/2017	12/10/2017	Dutch	PDF
Full model	31/03/2016	03/09/2016	20/10/2016	Dutch	PDF
Full model	31/03/2015	05/09/2015	20/10/2015	Dutch	PDF
Full model	31/03/2014	06/09/2014	06/10/2014	Dutch	PDF
Full model	31/03/2013	07/09/2013	21/10/2013	Dutch	PDF
Full model	31/03/2012	01/09/2012	26/11/2012	Dutch	PDF
Full model	31/03/2011	03/09/2011	29/11/2011	Dutch	PDF
Full model	31/03/2010	04/09/2010	17/11/2010	Dutch	PDF
Full model	31/03/2009	05/09/2009	20/11/2009	Dutch	PDF
Full model	31/03/2008	06/09/2008	27/11/2008	Dutch	PDF
Full model	31/03/2007	01/09/2007	27/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

EriseD

Director · since 11 décembre 2024 · 1015.971.070

Represented by Marc Engels

Active

Pieter Engels

Director · since 11 décembre 2024

Active

TRIPLE L

Director · since 11 décembre 2024 · 0891.014.581

Represented by Hans Engels

Active

Ended mandates

CAMAGUI

Manager · since 03 septembre 2007 · until 30 avril 2012 · 0891.847.001

Represented by Jan Engels

Ended

CAMAGUI

Manager · since 03 septembre 2007 · 0891.847.001

Represented by Jan Engels

Ended

HATOPI

Manager · since 03 septembre 2007 · until 30 avril 2012 · 0449.345.372

Represented by Marc Engels

Ended

HATOPI

Manager · since 03 septembre 2007 · 0449.345.372

Represented by Marc Engels

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other05/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates27/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2020
WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/04/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/12/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202567,2 k €↑
2025
Annual accounts 2025-1,3 M €↓
2024
Annual accounts 2024-1 M €↓
2023
Annual accounts 2023-492,6 k €↓
2022
Annual accounts 2022120,4 k €↓
2021
Annual accounts 2021894,1 k €↑
2020
Annual accounts 2020128,8 k €↓
2019
Annual accounts 2019249,2 k €↑
2018
Annual accounts 20188,3 k €↓
2017
Annual accounts 20179,6 k €↓
2016
Annual accounts 201619,3 k €↑
2015
Annual accounts 2015-17,1 k €↓
2014
Annual accounts 20144,6 k €↑
2013
Annual accounts 20132,2 k €↓
2012
Annual accounts 20127,4 k €↓
2011
Annual accounts 2011149 k €↑
2010
Annual accounts 201024,7 k €↑
2009
Annual accounts 2009-21,4 k €↓
2008
Annual accounts 20083,3 k €↓
2007
Annual accounts 200732,5 k €
16/06/1975
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ENGELS GROUP

Overview

What does ENGELS GROUP do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline