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ENGELS BRUGGE

Active
Public limited companyfounded 2011active for 15 yearsSint-Pieterskaai 39, 8000 Brugge, BelgiumKBO/BCE: BE 0834.917.305

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of ENGELS BRUGGE is 1.6% (moderate). The 2025 annual accounts show negative equity (-€1.3m) and a net result of -€39,359. Equity is shrinking by about 19% per year across the filed financial years. Its solvency ranks better than 5% of 6,158 sector peers (NACE 46, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

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ENGELS BRUGGEActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 25-03-2011 Normal situation
Legal form
Public limited company
Registered office
Sint-Pieterskaai 39, 8000 Brugge
Activity
Wholesale of timber NACE 46832and 4 others
Establishment units
3 establishment units
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Who decides

Board
  • J&M INVESTDirector · permanent representative ENGELS Christophe Gaston Godelieve
Shareholders
Board & ownership

How it is doing

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Gross margin
-€60,928
Loss
€39,359
Equity
-€1.3m
▼ 3.2%
Total assets
€109,626
▼ 41.6%
2025 accounts 8 days early
Filed on 23-07-2026at the National Bank
Financials
Why 53raises riskCapped at 59: negative equityLoss of €39,359 (financial year 2025)Negative equity -€1.3mlowers riskSize: total assets €109,626Founded in 2011Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -1146.7% of total assets
Liquidity 6-5
short-term debt 1246.7% · cash 4.4%
Profitability 0-100
return on assets -35.9%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 3.9% 12-2024: 3.9%● unchanged vs 11-2024 01-2025: 3.9%● unchanged vs 12-2024 02-2025: 3.9%● unchanged vs 01-2025 03-2025: 3.7%▼ -0.2 percentage points vs 02-2025 04-2025: 3.7%● unchanged vs 03-2025 05-2025: 3.7%● unchanged vs 04-2025 06-2025: 3.6%▼ -0.1 percentage points vs 05-2025 07-2025: 3.8%▲ +0.2 percentage points vs 06-2025 08-2025: 4.6%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 1.0%▼ -3.6 percentage points 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 05-2026 07-2026: 0.9%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 1.6%▲ +0.7 percentage points vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.06, compared with 0.11 in 2024, below 1; cash: 4.4% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 6% on solvency, 8% on liquidity, 6% on profitability and 34% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €109,626
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €39,359 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€1.3m
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.3m
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
1 day late
2023
61 days late
2022
32 days late
2021
16 days early
2020
25 days late
2019
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€1.3m View
  • Caution: From profit to loss in 2025after €112,931 in 2024 -€39,359 View
  • Caution: Among the weakest 5% on solvencysector median 45.2% · 6,158 companies -1146.7% View
  • Caution: Board changedlatest change 29-09-2026 · 1 in office 1 joined · 1 left View

Documents

Annual accounts at the NBB

All 15 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about ENGELS BRUGGE

What is the company number of ENGELS BRUGGE?
0834.917.305. In Belgium the VAT number is the company number with BE in front: BE 0834.917.305.
Where is ENGELS BRUGGE based?
The registered office is at Sint-Pieterskaai 39, 8000 Brugge.Company details
What does ENGELS BRUGGE do?
According to the KBO register, the main activity is wholesale of timber (NACE 46832).
What is the legal form of ENGELS BRUGGE?
Public limited company (NV).
When was ENGELS BRUGGE founded?
On 25-03-2011.
Is ENGELS BRUGGE still active?
Yes, ENGELS BRUGGE is an active enterprise in the KBO register.
How many employees does ENGELS BRUGGE have?
On average 7.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of ENGELS BRUGGE?
The annual accounts for financial year 2025 state no turnover.
Is ENGELS BRUGGE profitable?
In financial year 2025, ENGELS BRUGGE made a loss of €39,359.
Where can I find the annual accounts of ENGELS BRUGGE?
ENGELS BRUGGE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of ENGELS BRUGGE due?
By 31-07-2027, for financial year 2026.Timeline

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