ACTIVE

ENGELS

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Financial year 2025 · closed on 31/12/2025

Net result

-237,6 k €

+61.8% YoY

Revenue

7,5 M €

+9.0% YoY

Equity

1,5 M €

-13.3% YoY

Workforce

17,4 ETP

+163.6% YoY

What does ENGELS do?

ENGELS is a Public limited company incorporated in 2006. Its main activity is: Agents involved in the sale of timber and building materials. Its registered office is in Lokeren. It employs on average 17,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0882.990.604

Incorporation

11/08/2006

Legal form

Public limited company

Registered office

Gentse Steenweg 136
9160 Lokeren · FlandreSee on map

Contributed capital

4 509 502,09 €

Latest accounts

31/12/2025

Average workforce

17,4 ETP

Activities (NACE)

46130Agents involved in the sale of timber and building materials· main 46130Agents involved in the sale of timber and building materials 46731Wholesale of wood, construction materials and sanitary equipment 46831Wholesale trade, except of motor vehicles and motorcycles 51130Passenger air transport 43320Joinery installation+14

Joint committees (3)

Signals

Good liquidityPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	7,5 M €	+9.0%	6,9 M €	-9.9%	7,7 M €	-4.7%	8,1 M €	-58.0%	19,2 M €	-9.1%	21,1 M €	+6.3%	19,9 M €	+40.3%	14,2 M €	-0.5%	14,2 M €	+23.0%	11,6 M €	+8.9%	10,6 M €	-14.7%	12,5 M €		–		–		–		4,2 M €		–		–		–
EBITDA	69,9 k €	+143%	-160,9 k €	+52.1%	-335,7 k €	+12.0%	-381,5 k €	-120%	1,9 M €	+1686%	108,4 k €	-83.2%	646,8 k €	+76166%	848,1 €	-99.7%	326,4 k €	+129%	-1,1 M €	-478%	-195,6 k €	+54.1%	-425,9 k €	+71.4%	-1,5 M €	-135%	-634,8 k €	-484%	-108,7 k €	-204%	104,9 k €	+91.6%	54,7 k €	+547%	8,5 k €	+112%	-69 k €
Operating result	64,1 k €	+132%	-198,7 k €	+45.5%	-364,8 k €	+11.0%	-410 k €	-121%	1,9 M €	+3319%	55,8 k €	-90.9%	611,5 k €	+171%	225,8 k €	-8.9%	247,9 k €	+148%	-515,4 k €	+32.7%	-766,2 k €	+50.5%	-1,5 M €	+4.2%	-1,6 M €	-114%	-754,2 k €	-226%	-231 k €	-1327%	-16,2 k €	-137%	43,9 k €	+614%	6,1 k €	+108%	-72,5 k €
Net result	-237,6 k €	+61.8%	-621,2 k €	-16.3%	-534 k €	-27.2%	-419,7 k €	-122%	1,9 M €	+30638%	-6,3 k €	-101%	582,2 k €	+171%	-814,6 k €	-2928%	28,8 k €	+105%	-530,8 k €	+31.1%	-770,6 k €	+50.7%	-1,6 M €	+3.7%	-1,6 M €	-107%	-785,6 k €	-217%	-248 k €	-1677%	-14 k €	-134%	41,6 k €	+1037%	3,7 k €	+105%	-73,8 k €
Balance sheet
Equity	1,5 M €	-13.3%	1,8 M €	-25.8%	2,4 M €	-18.2%	2,9 M €	-12.5%	3,4 M €	+134%	1,4 M €	-0.4%	1,4 M €	+67.7%	859,8 k €	+213%	274,5 k €	+11.7%	245,7 k €	+115%	-1,6 M €	-90.7%	-849,8 k €	+42.9%	-1,5 M €	-1194%	135,9 k €	-85.3%	921,5 k €	-21.2%	1,2 M €	+3394%	33,5 k €	+511%	-8,1 k €	+31.0%	-11,8 k €
Total assets	10,6 M €	+7.4%	9,9 M €	-1.8%	10 M €	+6.3%	9,5 M €	+1.5%	9,3 M €	+5.7%	8,8 M €	+32.1%	6,7 M €	+10.8%	6 M €	-8.0%	6,5 M €	+47.8%	4,4 M €	+1.2%	4,4 M €	+9.2%	4 M €	-8.1%	4,4 M €	+58.6%	2,8 M €	+54.6%	1,8 M €	-12.5%	2 M €	+8.1%	1,9 M €	+1885%	94,8 k €	+148%	38,2 k €
Cash	189,1 k €	-27.5%	260,8 k €	+847%	27,5 k €	-81.1%	145,4 k €	-46.4%	271,4 k €	-42.2%	469,3 k €	+7.1%	438,2 k €	+205%	143,5 k €	+3285%	4,2 k €	-93.0%	60,9 k €	-41.3%	103,8 k €	+3.3%	100,5 k €	+46.9%	68,5 k €	+187%	23,8 k €	-33.0%	35,6 k €	+33.3%	26,7 k €	-89.2%	246,1 k €		–		15,7 k €
Debts	9 M €	+11.6%	8,1 M €	+5.8%	7,6 M €	+17.3%	6,5 M €	+9.4%	6 M €	-19.2%	7,4 M €	+40.9%	5,2 M €	+1.4%	5,2 M €	-17.6%	6,3 M €	+50.4%	4,2 M €	-30.3%	6 M €	+23.4%	4,9 M €	-17.1%	5,9 M €	+124%	2,6 M €	+204%	859,6 k €	-0.6%	865 k €	-53.2%	1,8 M €	+1749%	100 k €	+112%	47,1 k €
Other
Workforce	17,4 ETP	+164%	6,6 ETP	-49.6%	13,1 ETP	+0.8%	13,0 ETP	-39.8%	21,6 ETP	+30.1%	16,6 ETP	+35.0%	12,3 ETP	+2.5%	12,0 ETP	+26.3%	9,5 ETP	+33.8%	7,1 ETP	-2.7%	7,3 ETP	-7.6%	7,9 ETP	+49.1%	5,3 ETP	+104%	2,6 ETP	-7.1%	2,8 ETP	+55.6%	1,8 ETP	+50.0%	1,2 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 31/12/2024 · 4 active · 34 ended

Active mandates

ENGELS B&E

Managing director · since 21 février 2024 · 0865.882.673

Represented by Didier ENGELS

Active

J&M INVEST

Managing director · since 21 février 2024 · 0403.356.286

Represented by Engels CHRISTOPHE

Active

Christophe Engels

Managing director · since 15 mai 2018 · until 21 février 2024

Active

Didier Engels

Managing director · since 15 mai 2018 · until 21 février 2024

Active

Ended mandates

ENGELS B&E

Managing director · since 21 février 2024 · 0865.882.673

Represented by Didier ENGELS

Ended

J&M INVEST

Managing director · since 21 février 2024 · 0403.356.286

Represented by Christophe ENGELS

Ended

Ernst et Young Reviseurs d'Entreprises

Mandate · since 30 juin 2020 · until 15 mai 2023 · 0446.334.711

Represented by Paul Eelen

Ended

BOUTECA & PARTNERS

Mandate · since 15 mai 2018 · until 15 mars 2019 · 0865.493.386

Represented by Frederik Bouteca

Ended

At this address

Other companies at this address

Company	CBE no.
DM● Active	0439.456.124
ENGELS B&E● Active	0865.882.673
ENGELS GROEP● Active	0525.861.447
ENGELS WOOD FACTORY● Active	0417.433.857
EOS● Active	0890.974.692
EWG● Active	0779.443.597
IMMO - 47● Active	0417.908.662
Peppy● Active	0639.880.096
SDW Windows● Active	0763.677.832

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/09/2026	05/08/2025	09/09/2024	29/08/2023	09/09/2022	26/11/2021
General meeting	17/07/2026	20/06/2025	19/07/2024	25/08/2023	05/09/2022	16/11/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	17/07/2026	07/09/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	05/08/2025	Dutch	PDF
Full model	31/12/2023	19/07/2024	09/09/2024	Dutch	PDF
Full model	31/12/2022	25/08/2023	29/08/2023	Dutch	PDF
Full model	31/12/2021	05/09/2022	09/09/2022	Dutch	PDF
Full model	31/12/2020	16/11/2021	26/11/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	07/07/2020	Dutch	PDF
Full model	31/12/2018	05/07/2019	23/07/2019	Dutch	PDF
Full model	31/12/2017	21/09/2018	28/09/2018	Dutch	PDF
Full model	31/12/2016	15/09/2017	26/10/2017	Dutch	PDF
Full model	31/12/2015	28/10/2016	02/11/2016	Dutch	PDF
Full model	31/12/2014	12/05/2016	12/10/2016	Dutch	PDF
Abridged model	31/12/2013	15/09/2014	10/10/2014	Dutch	PDF
Abridged model	31/12/2012	30/07/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	25/07/2012	22/08/2012	Dutch	PDF
Abridged model	31/12/2010	01/07/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	15/05/2008	28/07/2008	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 31/12/2024 · 4 active · 34 ended

Active mandates

ENGELS B&E

Managing director · since 21 février 2024 · 0865.882.673

Represented by Didier ENGELS

Active

J&M INVEST

Managing director · since 21 février 2024 · 0403.356.286

Represented by Engels CHRISTOPHE

Active

Christophe Engels

Managing director · since 15 mai 2018 · until 21 février 2024

Active

Didier Engels

Managing director · since 15 mai 2018 · until 21 février 2024

Active

Ended mandates

ENGELS B&E

Managing director · since 21 février 2024 · 0865.882.673

Represented by Didier ENGELS

Ended

J&M INVEST

Managing director · since 21 février 2024 · 0403.356.286

Represented by Christophe ENGELS

Ended

Ernst et Young Reviseurs d'Entreprises

Mandate · since 30 juin 2020 · until 15 mai 2023 · 0446.334.711

Represented by Paul Eelen

Ended

BOUTECA & PARTNERS

Mandate · since 15 mai 2018 · until 15 mars 2019 · 0865.493.386

Represented by Frederik Bouteca

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/01/2019
KAPITAAL - AANDELEN
PDF
Mandates30/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/01/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares08/01/2015
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/12/2014
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

2025
Annual accounts 2025-237,6 k €↑
2024
Annual accounts 2024-621,2 k €↓
2023
Annual accounts 2023-534 k €↓
2022
Annual accounts 2022-419,7 k €↓
2021
Annual accounts 20211,9 M €↑
2020
Annual accounts 2020-6,3 k €↓
2019
Annual accounts 2019582,2 k €↑
2018
Annual accounts 2018-814,6 k €↓
2017
Annual accounts 201728,8 k €↑
2016
Annual accounts 2016-530,8 k €↑
2015
Annual accounts 2015-770,6 k €↑
2014
Annual accounts 2014-1,6 M €↑
2013
Annual accounts 2013-1,6 M €↓
2012
Annual accounts 2012-785,6 k €↓
2011
Annual accounts 2011-248 k €↓
2010
Annual accounts 2010-14 k €↓
2009
Annual accounts 200941,6 k €↑
2008
Annual accounts 20083,7 k €↑
2007
Annual accounts 2007-73,8 k €
11/08/2006
IncorporationPublic 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

Overview

What does ENGELS do?

Trend over 19 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