ACTIVE

ENGELS PROJECTS

Financial year 2025 · Closed on 30/06/2025

Net result6,4 k €+679,2 %over 1 year
Gross margin11 k €+769,3 %over 1 year
Equity148,5 k €+4,5 %over 1 year

Identity

Source · BCE/KBO

ENGELS PROJECTS is a Private limited company incorporated in 1994. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.175.002
Incorporation
04/03/1994
Legal form
Private limited company
Registered office
Herdersstraat 4
3500 Hasselt · FlandreSee on map
Contributed capital
11 477,33 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin11 k €1,3 k €961,2 €-1,3 k €16,3 k €
EBITDA10,4 k €927,5 €799,5 €-1,5 k €16,1 k €
Operating result10 k €708 €750,2 €-1,5 k €16,1 k €
Net result6,4 k €-1,1 k €-1,6 k €-4,3 k €12,7 k €
Balance sheet
Equity148,5 k €142,1 k €143,2 k €144,8 k €149,1 k €
Total assets210,5 k €210,2 k €212,6 k €224,4 k €245,6 k €
Cash3,9 k €3,5 k €5,7 k €5,8 k €8 k €
Debts62 k €68,1 k €69,4 k €79,6 k €96,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 6 ended

Active mandates

Sinan Aydin

Director · since 01 octobre 2025

Active
Emre Korkmaz

Director · since 01 juin 2023

Active

Ended mandates

Cihat Korkmaz

Director · since 09 mars 2006

Ended
Cihat Korkmaz

Manager · since 09 mars 2006

Ended
Jean Excelmans

Manager · since 09 mars 2006

Ended
Mehmet Aydin

Director · since 09 mars 2006

Ended

Other companies at this address

Herdersstraat 4 3500 Hasselt
CompanyCBE no.
Engels Immo● Active
0859.664.973
0467.673.028
HASDAK VOF● Active
0759.596.706

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year30/06/202530/06/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months6 months12 months12 months12 months12 months
Filing date09/12/202520/12/202421/06/202423/06/202328/06/202206/07/2021
General meeting08/12/202509/12/202413/06/202408/06/202309/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202508/12/202509/12/2025DutchPDF
Abridged model30/06/202409/12/202420/12/2024DutchPDF
Abridged model31/12/202313/06/202421/06/2024DutchPDF
Abridged model31/12/202208/06/202323/06/2023DutchPDF
Abridged model31/12/202109/06/202228/06/2022DutchPDF
Abridged model31/12/202011/06/202106/07/2021DutchPDF
Abridged model31/12/201911/06/202022/06/2020DutchPDF
Abridged model31/12/201813/06/201904/07/2019DutchPDF
Abridged model31/12/201714/06/201802/07/2018DutchPDF
Abridged model31/12/201608/06/201730/06/2017DutchPDF
Abridged model31/12/201509/06/201609/06/2016DutchPDF
Abridged model31/12/201411/06/201518/08/2015DutchPDF
Abridged model31/12/201312/06/201416/06/2014DutchPDF
Abridged model31/12/201213/06/201301/07/2013DutchPDF
Abridged model31/12/201114/06/201222/06/2012DutchPDF
Abridged model31/12/201012/06/201102/08/2011DutchPDF
Abridged model31/12/200911/06/201027/07/2010DutchPDF
Abridged model31/12/200812/06/200920/07/2009DutchPDF
Abridged model31/12/200712/06/200820/08/2008DutchPDF
Abridged model31/12/200605/06/200709/08/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 6 ended

Active mandates

Sinan Aydin

Director · since 01 octobre 2025

Active
Emre Korkmaz

Director · since 01 juin 2023

Active

Ended mandates

Cihat Korkmaz

Director · since 09 mars 2006

Ended
Cihat Korkmaz

Manager · since 09 mars 2006

Ended
Jean Excelmans

Manager · since 09 mars 2006

Ended
Mehmet Aydin

Director · since 09 mars 2006

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2024
    WIJZIGING RECHTSVORM - JAARREKENINGEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates06/12/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2006
    MAATSCHAPPELIJKE ZETEL - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

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 20256,4 k €↑
  2. 2024
    Annual accounts 2024-1,1 k €↑
  3. 2023
    Annual accounts 2023-1,6 k €↑
  4. 2022
    Annual accounts 2022-4,3 k €↓
  5. 2021
    Annual accounts 202112,7 k €↓
  6. 2020
    Annual accounts 202037,2 k €↑
  7. 2019
    Annual accounts 20196,3 k €↑
  8. 2018
    Annual accounts 2018-98,7 k €↓
  9. 2017
    Annual accounts 2017901,4 €↑
  10. 2016
    Annual accounts 2016-3,3 k €↓
  11. 2015
    Annual accounts 201529 k €↑
  12. 2014
    Annual accounts 20141,9 k €↓
  13. 2013
    Annual accounts 201316,6 k €↓
  14. 2012
    Annual accounts 201216,6 k €↑
  15. 2011
    Annual accounts 2011-256,1 €↓
  16. 2010
    Annual accounts 201027,5 k €↑
  17. 2009
    Annual accounts 200912,9 k €↓
  18. 2008
    Annual accounts 200818 k €↓
  19. 2007
    Annual accounts 200718,3 k €↑
  20. 2006
    Annual accounts 2006-3,4 k €
  21. 04/03/1994
    IncorporationPrivate limited company