Financials
Financial year 2025
ALSO BELGIUM from Mechelen, company number BE0555639952, closed financial year 2025 with a result of € 925,427 after tax. For that financial year ALSO BELGIUM recorded revenue of € 451.1 million and equity of € 13.4 million. Compared with financial year 2024, the result moved from € -8,086 to € 925,427. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 13.4 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 925,427
▲ still € 8,086 loss in 2024
Profit after tax over the fiscal year.
€ 993,852
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5 million.
People and assets in 2025
35.8
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▲ 15% vs 2024
€ 108,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,994
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 36.1 million
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 14.5 million
▲ 77% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 387,264,103 | € 425,348,326 | € 437,908,469 | € 451,145,448 | ▲ 3% |
| Profit after taxes | € 1,929,595 | € 989,157 | € -8,086 | € 925,427 | ▲ € 933,513 |
| Equity | € 13,217,266 | € 12,456,424 | € 12,448,338 | € 13,373,765 | ▲ 7% |
| Total debts | € 39,364,044 | € 78,568,392 | € 67,562,470 | € 51,754,942 | ▼ 23% |
| Cash | € 94,927 | € 8,283,105 | € 25,098,660 | € 993,852 | ▼ 96% |
| Retained profit | € 4,886,141 | € 4,125,299 | € 4,117,213 | € 5,042,641 | ▲ 22% |
| Dividend | € 0 | € 1,750,000 | € 0 | € 0 | |
| Balance sheet total | € 52,741,310 | € 91,024,816 | € 80,010,808 | € 65,128,707 | ▼ 19% |
| Employees (FTE) | 38.4 | 36.6 | 34.1 | 35.8 | ▲ 1.7 |
By revenue, ALSO BELGIUM ranks 1st of 8 companies with main activity “Groothandel in informatie- en communicatieapparatuur” in Mechelen that publish figures (fiscal year 2025).
Key figures of ALSO BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about ALSO BELGIUM the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ALSO BELGIUM?
What happened at ALSO BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 925,427. Source: NBB ↗
- Nijhof Martinus became a director. NBB
- Philip Hanegraef became a director. NBB
- Capital increase of € 8.3 million, published in the Gazette. Source: Staatsblad ↗
- New establishment in Mechelen. KBO
- ALSO NEDERLAND BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.9 million profit in 2022 to € 925,427 profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.9 million profit.
Paid out € 1.8 million in dividends to the owners in total.
Management
Behind ALSO BELGIUM are Philip Hanegraef, Nijhof Martinus and ALSO NEDERLAND BV. The shares are held by ALSO NEDERLAND (100%).
Directors
According to the 2025 annual accounts
Philip Hanegraef
Director
since 2020
Nijhof Martinus
Director
since 2022
ALSO NEDERLAND BV
Director · represented by Sumter Miquel
since 2014
Shareholders
ALSO NEDERLAND
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schaliënhoevedreef 20e
2800 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Certifications & Partners
Domain
Domain
also.be
Registered
2002-06-09
Website info
Features
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- ESSEKO BV(inbrenger)
Details
- Company number
- 0555.639.952
- VAT number
- BE 0555.639.952
- Registered office
- Schaliënhoevedreef 20e, 2800 Mechelen
- Names & denominations
- ALSO BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2014
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- also.be
- Activities · NACE
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