Equity
-€260,095
Debts exceed assets in financial year 2025.
ENGELS B&E
Lifetime
18 annual accounts with figures on one time axis, 21 filings since 2005peak €73,552 (2017)
-€12,921▼ €42,366
lowest -€91,607 (2022)
-€49,209▼ €39,473
peak €100,386 (2020)
-€260,095▼ €49,209
€353,722▲ 25.6%
peak 1 FTE (2021)
-not published
Board1 name since 2004
1 directorENGELS Didier Marcel Blanche
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Gross margin from €29,445 to -€12,921Loss of €49,209Equity from -€210,886 to -€260,095Debts from €281,697 to €353,722Cash from €274 to €959
Key points
from the 2025 annual accountsLosses
-€283,452 in five years
Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€353,722 378% of the balance sheet
Financial debts 21%Suppliers 48%Taxes and wages 6%Other 25%
Of this, €278,722 falls due within a year.
Filings
21 annual accounts since 2005
Six of the last ten came late. The 2019 accounts came latest: 92 days after the end of the period.
At the same address
13 companies
Position in the sector
-277.8%
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 39,360 companies.
Turnover not published (abbreviated or micro format)
Checked score
53
Fair
Financially stronger than 7% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,568 companies (NACE 70, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.2%▼ -0.1 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.3%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 1.0%▼ -0.3 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026lowest value
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.1%▲ +0.1 percentage points vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €49,209, the second in a row (financial year 2025)
Negative equity -€260,095
lowers risk
Size: total assets €93,627
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 3% of them on solvency, 2% on liquidity, 4% on profitability and 21% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,619 companies had the same profile as ENGELS B&E has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ENGELS B&E itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,619 companies, not a prediction for ENGELS B&E. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.24 (0.19 in 2024), below 1. Short-term debt is 297.7% and cash 1% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€260,095
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
15 days early
2023
on the day
2022
67 days late
2021
68 days late
2020
11 days late
2019
92 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (4 of the last 5 accounts filed within 66 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0865882673
Change of role: ENGELS Didier Marcel Blanche, from manager to director
General meeting of 26-02-2024 · Gazette deed
New establishment in Lokeren
Moervaartveer 1
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ENGELS B&E Lokeren | €93,627 | -€12,921 | -277.8% | - |
| I-TRADE CONSULT Lokeren | €104,308 | -€318 | 95.6% | - |
| MARMASO Zottegem | €97,610 | -€5,754 | 79.6% | - |
| HR PLUS CONSULT Ghent | €91,695 | €466 | 58.3% | - |
| PLETHON Stekene | €108,192 | -€28,329 | 47.7% | - |
| ALLAJA Geraardsbergen | €81,925 | -€11,678 | -84.4% | - |
| MYRDINN Ghent | €108,800 | -€8,079 | 75.2% | - |
These companies have the same main activity as ENGELS B&E: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €81,900 and €109,000, founded between 2001 and 2007.
Official details
Source: KBO- Status
- Active since 21-06-2004Normal situation
- Registered office
- 14 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Joint committee
- 100Auxiliary committee for blue-collar workers · annual accounts 2025
- Establishment units
- 2.137.669.8659160 Lokeren, since 01-07-2004
- 2.285.498.7569160 Lokeren, since 02-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 02-02-2026
Annual accounts 2025
- €93,627▲ 32.2%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on ENGELS B&E
ENGELS B&E files the micro format. That format states no turnover. The gross margin fell from €22,686 in 2008 to -€12,921 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ENGELS B&E
- What is the company number of ENGELS B&E?
- The company number of ENGELS B&E is 0865.882.673. The VAT number is the same number with BE in front: BE 0865.882.673.
- Where is ENGELS B&E based?
- The registered office is at Gentse Steenweg 136, 9160 Lokeren.Company details
- What does ENGELS B&E do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ENGELS B&E?
- ENGELS B&E is a private limited company (BV).
- When was ENGELS B&E founded?
- ENGELS B&E was founded on 21-06-2004.
- Is ENGELS B&E still active?
- Yes, ENGELS B&E is an active enterprise in the KBO register.
- How many employees does ENGELS B&E have?
- ENGELS B&E had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ENGELS B&E fall under?
- In its 2025 annual accounts, ENGELS B&E states joint committee 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of ENGELS B&E?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is ENGELS B&E profitable?
- In financial year 2025, ENGELS B&E made a loss of €49,209.
- Where can I find the annual accounts of ENGELS B&E?
- ENGELS B&E filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ENGELS B&E due?
- ENGELS B&E must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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