ACTIVE

Engels Renovatiebedrijf

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Financial year 2025 · Closed on 31/12/2025

Net result75 k €-79,8 %over 1 year
Gross margin1,2 M €-28,3 %over 1 year
Equity1,7 M €-4,4 %over 1 year
Workforce15,3 ETP-17,3 %over 1 year

Identity

Source · BCE/KBO

Engels Renovatiebedrijf is a Public limited company incorporated in 1999. Its main activity is: Specialised construction activities. Its registered office is in Hasselt. It employs on average 15,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.673.028
Incorporation
30/11/1999
Legal form
Public limited company
Registered office
Herdersstraat 4 box b
3500 Hasselt · FlandreSee on map
Contributed capital
90 000,00 €
Latest accounts
31/12/2025
Average workforce
15,3 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin1,2 M €1,6 M €1,3 M €1,3 M €848,9 k €
EBITDA289,5 k €692,3 k €415,4 k €527,2 k €199,2 k €
Operating result165,3 k €578,2 k €295,1 k €443,1 k €100,3 k €
Net result75 k €371,7 k €165,8 k €277,8 k €94,1 k €
Balance sheet
Equity1,7 M €1,7 M €1,4 M €1,2 M €918,7 k €
Total assets3,2 M €3 M €2,6 M €2,6 M €2 M €
Cash403,5 k €259 k €290,3 k €306,5 k €323,2 k €
Debts1,5 M €1,2 M €1,3 M €1,4 M €1,1 M €
Other
Workforce15,3 ETP18,5 ETP20,6 ETP16,6 ETP15,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

ENGELS PROJECTS

Director · since 01 juin 2023 · until 01 juin 2029 · 0452.175.002

Represented by Emre Korkmaz

Active
Cihat Korkmaz

Director · since 22 juin 2021 · until 22 juin 2027

Active
Mehmet Aydin

Managing director · since 22 juin 2021 · until 22 juin 2027

Active

Ended mandates

ENGELS PROJECTS

Director · since 01 septembre 2014 · until 22 juin 2021 · 0452.175.002

Represented by Cihat Korkmaz

Ended
ENGELS PROJECTS

Director · since 01 septembre 2014 · until 14 mars 2022 · 0452.175.002

Represented by Cihat Korkmaz

Ended
ENGELS PROJECTS

Director · since 01 septembre 2014 · until 14 mars 2022 · 0452.175.002

Represented by Cihat Korkmaz

Ended
Mehmet Aydin

Managing director · since 01 septembre 2014 · until 14 mars 2022

Ended

Other companies at this address

Herdersstraat 4 3500 Hasselt
CompanyCBE no.
Engels Immo● Active
0859.664.973
ENGELS PROJECTS● Active
0452.175.002
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 year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 date24/06/202619/06/202527/06/202423/06/202316/06/202215/06/2021
General meeting26/05/202626/05/202527/05/202415/05/202316/05/202217/05/2021
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 model31/12/202526/05/202624/06/2026DutchPDF
Abridged model31/12/202426/05/202519/06/2025DutchPDF
Abridged model31/12/202327/05/202427/06/2024DutchPDF
Abridged model31/12/202215/05/202323/06/2023DutchPDF
Abridged model31/12/202116/05/202216/06/2022DutchPDF
Abridged model31/12/202017/05/202115/06/2021DutchPDF
Abridged model31/12/201918/05/202022/06/2020DutchPDF
Abridged model31/12/201820/05/201908/07/2019DutchPDF
Abridged model31/12/201722/05/201802/07/2018DutchPDF
Abridged model31/12/201615/05/201730/06/2017DutchPDF
Abridged model31/12/201523/05/201609/06/2016DutchPDF
Abridged model31/12/201425/05/201518/08/2015DutchPDF
Abridged model31/12/201326/05/201410/06/2014DutchPDF
Abridged model31/12/201227/05/201330/05/2013DutchPDF
Abridged model31/12/201129/05/201222/06/2012DutchPDF
Abridged model31/12/201024/06/201102/08/2011DutchPDF
Abridged model31/12/200925/06/201028/07/2010DutchPDF
Abridged model31/12/200826/06/200908/07/2009DutchPDF
Abridged model31/12/200730/06/200820/08/2008DutchPDF
Abridged model31/12/200629/06/200724/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 31/12/2025

3 active · 14 ended

Active mandates

ENGELS PROJECTS

Director · since 01 juin 2023 · until 01 juin 2029 · 0452.175.002

Represented by Emre Korkmaz

Active
Cihat Korkmaz

Director · since 22 juin 2021 · until 22 juin 2027

Active
Mehmet Aydin

Managing director · since 22 juin 2021 · until 22 juin 2027

Active

Ended mandates

ENGELS PROJECTS

Director · since 01 septembre 2014 · until 22 juin 2021 · 0452.175.002

Represented by Cihat Korkmaz

Ended
ENGELS PROJECTS

Director · since 01 septembre 2014 · until 14 mars 2022 · 0452.175.002

Represented by Cihat Korkmaz

Ended
ENGELS PROJECTS

Director · since 01 septembre 2014 · until 14 mars 2022 · 0452.175.002

Represented by Cihat Korkmaz

Ended
Mehmet Aydin

Managing director · since 01 septembre 2014 · until 14 mars 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/04/2016
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/03/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/03/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/10/2008
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    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 202575 k €↓
  2. 2024
    Annual accounts 2024371,7 k €↑
  3. 2023
    Annual accounts 2023165,8 k €↓
  4. 2022
    Annual accounts 2022277,8 k €↑
  5. 2021
    Annual accounts 202194,1 k €↓
  6. 2020
    Annual accounts 2020178,9 k €↓
  7. 2019
    Annual accounts 2019181,2 k €↑
  8. 2018
    Annual accounts 2018160,2 k €↑
  9. 2017
    Annual accounts 2017103,7 k €↑
  10. 2016
    Annual accounts 2016102,4 k €↑
  11. 2015
    Annual accounts 201522 k €↑
  12. 2014
    Annual accounts 2014499,2 €↓
  13. 2013
    Annual accounts 201311,5 k €↑
  14. 2012
    Annual accounts 201210,5 k €↑
  15. 2011
    Annual accounts 20111,8 k €↓
  16. 2010
    Annual accounts 20104,2 k €↓
  17. 2009
    Annual accounts 20097,5 k €↓
  18. 2008
    Annual accounts 200819,2 k €↑
  19. 2007
    Annual accounts 200714,9 k €↑
  20. 2006
    Annual accounts 200612,9 k €
  21. 30/11/1999
    IncorporationPublic limited company