ACTIVE

ENGELS WOOD FACTORY

Financial year 2025 · closed on 31/12/2025
Net result
-321,9 k €
+35.4% YoY
Revenue
7,7 M €
-0.6% YoY
Equity
-47,5 k €
-117.3% YoY
Workforce
42,2 ETP
-0.9% YoY

What does ENGELS WOOD FACTORY do?

ENGELS WOOD FACTORY is a Public limited company incorporated in 1977. Its registered office is in Lokeren. It employs on average 42,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0417.433.857
Incorporation
03/09/1977
Legal form
Public limited company
Registered office
Gentse Steenweg 136
9160 Lokeren · FlandreSee on map
Contributed capital
5 378 149,15 €
Latest accounts
31/12/2025
Average workforce
42,2 ETP
Joint committees (5)
  • 124
  • 126
  • 1260020
  • 200
  • 218
Signals
Positive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Revenue7,7 M €7,7 M €6,3 M €7,3 M €8,4 M €8,8 M €7,9 M €6,3 M €8,1 M €5,8 M €5,7 M €6,7 M €6,8 M €6,1 M €4,8 M €3,9 M €5,6 M €
EBITDA292,1 k €-35,6 k €-588,6 k €-1,5 M €-914,4 k €348,5 k €465,9 k €153 k €755,4 k €69,7 k €-486,5 k €-446,3 k €546,5 k €709,2 k €-541,8 k €-483,9 k €-1,4 M €
Operating result-56 k €-301,5 k €-975,9 k €-1,6 M €-1,2 M €141,1 k €202,1 k €-129,4 k €401,8 k €-309,8 k €-563,9 k €-875,5 k €-102,3 k €9,7 k €-1,1 M €-1,1 M €-1,8 M €
Net result-321,9 k €-498,2 k €-1,2 M €-1,6 M €-2 M €-43,1 k €102,4 k €-239,5 k €67,6 k €-379,8 k €-618,7 k €-1,9 M €-185,7 k €-111 k €-1,2 M €-1,3 M €-951,5 k €
Balance sheet
Equity-47,5 k €274,4 k €-227,4 k €968,7 k €1,1 M €101,7 k €144,9 k €42,4 k €281,9 k €214,4 k €-1,1 M €-507,1 k €1,4 M €109,4 k €220,4 k €1,4 M €52,1 k €
Total assets11,3 M €11 M €9,5 M €9 M €8,4 M €10,2 M €8,9 M €8,9 M €7,5 M €7 M €5,6 M €5,6 M €7,9 M €5,4 M €5,2 M €6,3 M €7,4 M €
Cash110,6 k €160,1 k €97,9 k €25,8 k €127,1 k €36,1 k €116,5 k €31,4 k €4,9 k €39,9 k €49 k €129,6 k €50,6 k €119,7 k €30,3 k €21,2 k €144,5 k €
Debts10,9 M €10,3 M €9,3 M €7,7 M €6,9 M €9,7 M €8,4 M €8,6 M €6,9 M €6,5 M €6,5 M €5,8 M €6,2 M €5 M €4,7 M €4,6 M €6,8 M €
Other
Workforce42,2 ETP42,6 ETP43,3 ETP43,2 ETP56,7 ETP53,3 ETP40,1 ETP44,0 ETP47,7 ETP37,1 ETP40,4 ETP48,5 ETP47,2 ETP46,8 ETP46,6 ETP47,4 ETP63,7 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 · 1 active · 39 ended

Active mandates

Cédric Engels

Director

Active

Ended mandates

ENGELS B&E

Director · since 20 décembre 2024 · 0865.882.673

Represented by Engels DIDIER

Ended
J&M INVEST

Director · since 20 décembre 2024 · 0403.356.286

Represented by Engels CHRISTOPHE

Ended
Cédric Engels

Director · since 07 juin 2023 · until 05 juin 2030

Ended
ENGELS B&E

Director · since 07 juin 2023 · until 05 juin 2030 · 0865.882.673

Represented by Engels DIDIER

Ended
At this address

Other companies at this address

CompanyCBE no.
DMActive
0439.456.124
ENGELSActive
0882.990.604
ENGELS B&EActive
0865.882.673
ENGELS GROEPActive
0525.861.447
EOSActive
0890.974.692
EWGActive
0779.443.597
IMMO - 47Active
0417.908.662
PeppyActive
0639.880.096
SDW WindowsActive
0763.677.832
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/09/202605/08/202509/09/202429/08/202309/09/202229/11/2021
General meeting17/07/202620/06/202519/07/202425/08/202305/09/202215/11/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/07/202607/09/2026DutchPDF
Full model31/12/202420/06/202505/08/2025DutchPDF
Full model31/12/202319/07/202409/09/2024DutchPDF
Full model31/12/202225/08/202329/08/2023DutchPDF
Full model31/12/202105/09/202209/09/2022DutchPDF
Full model31/12/202015/11/202129/11/2021DutchPDF
Full model31/12/201930/06/202007/07/2020DutchPDF
Full model31/12/201805/07/201923/07/2019DutchPDF
Full model31/12/201721/09/201828/09/2018DutchPDF
Full model31/12/201615/09/201726/10/2017DutchPDF
Full model31/12/201518/11/201605/12/2016DutchPDF
Full model31/12/201412/05/201612/10/2016DutchPDF
Full model31/12/201330/09/201417/11/2014DutchPDF
Full model31/12/201230/08/201314/10/2013DutchPDF
Full model31/12/201118/08/201207/09/2012DutchPDF
Full model31/12/201001/07/201114/07/2011DutchPDF
Full model31/12/200911/08/201013/08/2010DutchPDF
Full model31/12/200830/06/200925/08/2009DutchPDF
Full model31/12/200704/06/200830/06/2008DutchPDF
Full model31/12/200606/06/200720/06/2007DutchPDF
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 · 1 active · 39 ended

Active mandates

Cédric Engels

Director

Active

Ended mandates

ENGELS B&E

Director · since 20 décembre 2024 · 0865.882.673

Represented by Engels DIDIER

Ended
J&M INVEST

Director · since 20 décembre 2024 · 0403.356.286

Represented by Engels CHRISTOPHE

Ended
Cédric Engels

Director · since 07 juin 2023 · until 05 juin 2030

Ended
ENGELS B&E

Director · since 07 juin 2023 · until 05 juin 2030 · 0865.882.673

Represented by Engels DIDIER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2024
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/01/2022
    BENAMING - KAPITAAL - AANDELEN
    PDF
  • Mandates02/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/10/2017
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025-321,9 k €
  2. 2024
    Annual accounts 2024-498,2 k €
  3. 2023
    Annual accounts 2023-1,2 M €
  4. 2022
    Annual accounts 2022-1,6 M €
  5. 2021
    Annual accounts 2021-2 M €
  6. 2020
    Annual accounts 2020-43,1 k €
  7. 2019
    Annual accounts 2019102,4 k €
  8. 2018
    Annual accounts 2018-239,5 k €
  9. 2017
    Annual accounts 201767,6 k €
  10. 2016
    Annual accounts 2016-379,8 k €
  11. 2015
    Annual accounts 2015-618,7 k €
  12. 2014
    Annual accounts 2014-1,9 M €
  13. 2013
    Annual accounts 2013-185,7 k €
  14. 2012
    Annual accounts 2012-111 k €
  15. 2011
    Annual accounts 2011-1,2 M €
  16. 2010
    Annual accounts 2010-1,3 M €
  17. 2009
    Annual accounts 2009-951,5 k €
  18. 03/09/1977
    IncorporationPublic limited company