ENGELS C.
ActiveENGELS C. has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €480k and a net result of €24k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 11257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64=
Solvency80▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.02 against 3.11 in 2024; short-term debt: 31.8% and cash: 5% of total assets), and 44.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.5%
Return on assets
2.8%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
30 d early
2023
32 d early
2022
30 d early
2021
36 d early
2020
32 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€480k▲ 5.4%
2024 · €456k
2018: €278k
2019: €314k
2020: €317k
2021: €358k
2022: €383k
2023: €432k
2024: €456k
2018 → 2025
Total assets
€866k▲ 9.0%
2024 · €794k
2018: €616k
2019: €642k
2020: €651k
2021: €660k
2022: €720k
2023: €798k
2024: €794k
2018 → 2025
Net result
€24k▲ 4.2%
2024 · €24k
2018: €16k
2019: €36k
2020: €3k
2021: €41k
2022: €26k
2023: €53k
2024: €24k
2018 → 2025
Working capital
€556k▲ 6.7%
2024 · €521k
2018: €244k
2019: €306k
2020: €309k
2021: €361k
2022: €399k
2023: €487k
2024: €521k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€358k-€383k▲ 7.1%€432k▲ 12.8%€456k▲ 5.4%€480k▲ 5.4%
Operating result€47k-€43k▼ 7.2%€73k▲ 66.7%€43k▼ 41.1%€46k▲ 8.2%
Net result€41k-€26k▼ 37.4%€53k▲ 108%€24k▼ 55.8%€24k▲ 4.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €866k
Fixed assets
€35k▲ 32.4%
Current assets
€831k▲ 8.2%
Equity and liabilities €866k
Equity
€480k▲ 5.4%
Debt
€385k▲ 13.9%
The debt ratio rises from 42.6% to 44.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€56k▲
2024 · €50k
Cash flow
€34k▲
2024 · €31k
Solvency
55.5%▼
2024 · 57.4%
Current ratio
3.02▼
2024 · 3.11
Quick ratio
2.65▼
2024 · 2.77
Debt / equity
0.80▲
2024 · 0.74
ROE
5.1%▼
2024 · 5.2%
ROA
2.8%▼
2024 · 3.0%
Interest coverage
4.98▲
2024 · 4.94
Debt
€385k▲
2024 · €338k
Debt ≤ 1 year
€275k▲
2024 · €247k
Debt > 1 year
€96k▲
2024 · €75k
Income taxes
€11k▲
2024 · €9k
Staff costs
€13k▼
2024 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€794k€866k▲
Fixed assets21/28€26k€35k▲
Tangible fixed assets22/27€26k€35k▲
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€16k€27k▲
Financial fixed assets28€235€235=
Current assets29/58€768k€831k▲
Stocks and contracts in progress3€84k€102k▲
Stocks30/36€84k€102k▲
Amounts receivable within one year40/41€654k€680k▲
Trade receivables40€654k€680k▲
Other amounts receivable41€0€421▲
Cash at bank and in hand54/58€26k€43k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€794k€866k▲
Equity10/15€456k€480k▲
Contributions10/11€19k€19k=
Reserves13€437k€462k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€437k€462k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€338k€385k▲
Amounts payable after more than one year17€75k€96k▲
Financial debts170/4€75k€96k▲
Amounts payable within one year42/48€247k€275k▲
Current portion of amounts payable after more than one year42€7k€7k▼
Trade debts44€130k€152k▲
Suppliers440/4€130k€152k▲
Taxes, remuneration and social security45€18k€24k▲
Taxes450/3€11k€18k▲
Remuneration and social security454/9€7k€6k▼
Other amounts payable47/48€92k€92k▲
Accrued charges and deferred income492/3€17k€15k▼
Income statement
Code20242025
Non-recurring operating income76A€0€2k▲
Remuneration, social security and pensions62€27k€13k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1k€0▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€21k€12k▼
Gross operating margin9900€100k€83k▼
Operating profit (loss)9901€43k€46k▲
Financial income75/76B€5€12▲
Recurring financial income75€5€12▲
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€33k€35k▲
Income taxes67/77€9k€11k▲
Profit (loss) for the period9904€24k€24k▲
Profit (loss) for the period to be appropriated9905€24k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€24k▲
Transfer to equity691/2€24k€24k▲
To other reserves6921€24k€24k▲
Profit to be distributed694/7€0-
Directors or managers695€0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €53k ▲108%
Operating result €73k, net result €53k, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €3k ▼92.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalter · 2 establishment units since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Museumstraat 319881 AalterGround area
5,297 m²
Building footprint
1,365 m²
Volume, LiDAR
8,559 m³
2 parcels, Flanders · tallest building 26.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ENGELS C.
since 20122.208.929.530
ENGELS C.
since 20122.208.929.728
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0111/00K002 | Flanders | 4,556 m² | 1 · 1,292 m² | 26.6 m · 2 fl. |
| 44009C0168/00X000 | Flanders | 742 m² | 1 · 73 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalter2.208.929.530
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Of 1,050 companies in sector 46341 we hold annual accounts for 534. 323 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2012
Fiscal year end30-09
Activities, NACEBEL
46341Wholesale of wines and spirits
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.