Financials
Financial year 2025
E-MERGE ALS from Ukkel, company number BE0646707116, closed financial year 2025 with a result of € 443,067 after tax. For that financial year E-MERGE ALS recorded a gross margin of € -77,174 and equity of € 11.4 million. Compared with financial year 2024, the result moved from € -2.9 million to € 443,067. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 11.4 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 443,067
▲ still € 2.9 million loss in 2024
Profit after tax over the fiscal year.
€ 325,258
▲ € 277,787 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 € 11.3 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,210
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 206,962
▼ 88% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,076,036 | € -232,568 | € -375,473 | € -77,174 | ▲ € 298,299 |
| Profit after taxes | € 11,142,252 | € 2,288,255 | € -2,860,802 | € 443,067 | ▲ € 3.3 million |
| Equity | € 11,828,709 | € 14,116,964 | € 10,956,162 | € 11,399,229 | ▲ 4% |
| Total debts | € 9,035,503 | € 5,427,887 | € 1,985,275 | € 215,172 | ▼ 89% |
| Cash | € 117,721 | € 903,489 | € 47,470 | € 325,258 | ▲ € 277,787 |
| Retained profit | € 11,767,209 | € 14,055,464 | € 10,894,662 | € 11,337,729 | ▲ 4% |
| Dividend | € 0 | € 0 | € 300,000 | € 0 | ▼ 100% |
| Balance sheet total | € 20,864,212 | € 19,544,851 | € 12,941,437 | € 11,614,401 | ▼ 10% |
Key figures of E-MERGE ALS, 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.
What happened to E-MERGE ALS?
What happened at E-MERGE ALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laurent DRION stepped down as director. NBB
- Gaspard DRION stepped down as director. NBB
- Noémie DRION stepped down as director. NBB
- Muriel ALHADEFF stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 443,067. Source: NBB ↗
- Gaspard DRION became a director. NBB
- Noémie DRION became a director. NBB
- Laurent DRION became a director. NBB
In short
From € 11.1 million profit in 2022 to € 443,067 profit in 2025.
Paid € 6.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 11.1 million profit.
Paid out € 300,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by E-Merge (15%). It owns 99% of AngelList-ER-Funds, LLC A-QLS-32-Fund, 98% of AngelList-BW-Funds, LLC A-RDC-123-Fund, 95% of AngelList Funds, LLC A-ZMO-38-Fund, 91% of AngelList-FiTe-Fds LLC AngelList-Crom-Fd, 85% of AX-KY-Funds, LLC A-JOH-31-Fund and 77% of AX-TL-Funds, LLC A-HGJ-38-Fund itself.
Directors
According to the 2025 annual accounts
Laurent DRION
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE SPX, E-MERGE O3, E-MERGE GF1, IMMOBILIERE CARACOLE, 3POMMES.ORG
since 2021 · until 2032
Gaspard DRION
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE SPX, E-MERGE GF1, IMMOBILIERE CARACOLE
since 2026 · until 2032
Noémie DRION
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE SPX, E-MERGE GF1, IMMOBILIERE CARACOLE
since 2026 · until 2032
Muriel ALHADEFF
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE SPX, E-MERGE O3, E-MERGE GF1, IMMOBILIERE CARACOLE
since 2021 · until 2032
Shareholders
15%
Participations
AngelList-ER-Funds, LLC A-QLS-32-Fund
99%
AngelList-BW-Funds, LLC A-RDC-123-Fund
98%
AngelList Funds, LLC A-ZMO-38-Fund
95%
AngelList-FiTe-Fds LLC AngelList-Crom-Fd
91%
AX-KY-Funds, LLC A-JOH-31-Fund
85%
AX-TL-Funds, LLC A-HGJ-38-Fund
77%
AngelList-ER-Funds, LLC A-SDA-14-Fund
76%
AngelList-MiJo-Funds, LLC A-BKU-36-Fund
76%
AngelList-ER-Funds, LLC A-MXS-43-Fund
75%
AngelList-LaTe-Funds, LLC A-MQE-15-Fund
75%
AngelList-BP-Funds, LLC A-BSA-39-Fund
74%
AngelList-SeSh-Funds, LLC A-PQV-16-Fund
74%
Survival Economic Comp Inv LP A-7BP-14Fd
71%
AngelList-RM-Funds, LLC A-LXI-35-Fund
71%
Blocker Alph I, LLC
69%
AngelList Funds, LLC A-JJW-61-Fund
69%
Mara Equity Opportunities, LLC Mara 7
67%
AngelList-ER-Funds, LLC A-PVX-28-Fund
67%
AX-PaSi-Funds, LLC A-JLX-59-Fund
67%
AngelList-Saas-Funds, LLC A-OSD-37-Fund
66%
AngelList-NR-Funds, LLC A-TOP-68-Fund
66%
Survival Eco Comp Invest LLC A-LMP-32-Fd
66%
AngelList-ER-Funds, LLC A-JEB-14-Fund
63%
Hack-ER-VC, LLC Hack-ER-1
63%
AngelList-StAl-Funds, LLC A-KAY-28-Fund
62%
AngelList-IC-Funds, LLC A-KJH-17-Fund
62%
IA Fund, LLC IA2
60%
AX-PaSi-Funds, LLC A-JYH-17-Fund
60%
Ed Roman W17 Fd a series EdRo M Part LP
60%
AngelList-NR-Funds, LLC A-FRO-18-Fund
60%
AngelList-Saas-Funds, LLC A-GTH-29-Fund
57%
AngelList-TW-Funds, LLC A-SWG-11-Fund
57%
AngelList Funds, LLC A-IIP-22-Fund
57%
AngelList-S2Al-Funds, LLC A-SRB-38-Fund
57%
AX-TiEs-Funds, LLC A-KOK-13-Fund
56%
AX-VaUp-Funds, LLC Valor Gympass I
56%
AngelList-BW-Fds, LLC AngelList-Rnse-Fd
56%
AngelList-DyTa-Funds, LLC A-LLT-13-Fund
55%
AngelList-BW-Fds LLC AngelLis-Rnse-PR-Fd
54%
SDU Labs, LP Early Stage 2017 Fund
54%
Abstract Venture Spe Opp LLC A-ADK-13-Fd
53%
AngelList-MiJo-Funds, LLC A-PTC-37-Fund
53%
Hack 1, a 1 Series of Hack VC, LP
52%
AX-SaxTal-Funds, LLC A-SLM-43-Fund
51%
Survival Economic Comp Inv LP A-AQC-11Fd
50%
AngelList-S2Al-Funds, LLC A-NDB-13-Fund
50%
AX-UrUs-Funds, LLC A-RLX-18-Fund
49%
AngelList-TM-Funds, LLC A-OOZ-14-Fund
47%
AX-MiNg-Funds, LLC A-FLJ-18-Fund
46%
AX-AnNa-Funds, LLC A-RMK-18-Fund
45%
AngelList-Saas-Funds, LLC A-OQZ-52-Fund
44%
AngelList-LaTe-Funds, LLC A-JHZ-22-Fund
43%
AX-XoRs-Funds, LLC A-PJN-15-Fund
43%
AX-MieIes-Funds, LLC A-FOF-18-Fund
42%
AX-PoAl-Funds, LLC A-LDN-36-Fund
40%
AngelList-SDA-Funds, LLC A-TVI-16-Fund
37%
AngelList-SDA-Funds, LLC A-GKY-29-Fund
36%
AX-InVc-Funds, LLC A-POZ-16-Fund
36%
AX-AnAd-Funds, LLC A-ZUG-19-Fund
36%
AngelList-NewRes-Funds, LLC A-PFY-12-Fd
34%
AngelList-SDA-Funds, LLC A-LMI-19-Fund
33%
AX-DE-Funds, LLC A-MNO-26-Fund
32%
AngelList-ZC-Funds, LLC A-EQO-39-Fund
30%
AX-MeEs-Funds, LLC A-RRP-106-Fund
30%
Abstract Vent Spe Opport LLC A-FWY-29-Fd
29%
AX-TL-Funds, LLC A-RQJ-14-Fund
29%
IA Fund, LLC IA1
27%
Marine Layer Investments, LP Marine III
27%
TX-MaSi-Funds, LLC A-HXH-11-Fund
27%
AX-AnPo-Funds, LLC A-ANI-16-Fund
27%
AngelList-BlAl-Funds, LLC A-OXA-33-Fund
26%
Sun Room Funds, LLC Clover and Cocoa
26%
AX-RuRs-Funds, LLC A-GLF-24-Fund
26%
Recursive Ventures, LLC Seed 1
26%
AngelList-Saas-Funds, LLC A-EGM-16-Fund
26%
Immad Akhund I, LP
25%
AngelList-ThTe-Funds, LLC A-WBG-11-Fund
24%
AX-SuRa-Funds, LLC A-ILS-19-Fund
24%
AngelList-ZC-Funds, LLC A-CWG-22-Fund
24%
AX-NM-Funds, LLC A-BKU-15-Fund
24%
AngelList-NR-Funds, LLC A-FCB-16-Fund
24%
Endeavor North Inves LLC Heron Rock Fd I
24%
AngelList-JG-Funds, LLC A-GUS-28-Fund
23%
AngelList-ZC-Funds, LLC A-LQZ-12-Fund
23%
AX-BT-Funds, LLC A-OPH-13-Fund
23%
AngelList-NR-Funds, LLC A-BVO-64-Fund
23%
Marine Layer Ventures, LLC FPT SPV
23%
AngelList-OpTe-Funds, LLC A-DEO-11-Fund
22%
AX-FoLs-Funds, LLC A-SIU-19-Fund
22%
Abstract Vent Spe Opport LLC A-GLW-11-Fd
22%
AngelList-SDA-Funds, LLC A-TOA-23-Fund
22%
Open Source Fund, LP
22%
Stellar Capital Inv. LP First Frontier I
21%
AngelList-DrVc-Funds, LLC A-DYG-15-Fund
21%
AngelList-GD-Funds, LLC A-SAZ-15-Fund
21%
Jude Gomila AngelList W16 Fund, LP
21%
Sgt Pepper Master Fund, LLC TK Fund VI
20%
Immad Akhund AngelList S16 Fund, LP
20%
AX-JeJr-Funds, LLC A-INC-19-Fund
20%
IA Fund, LP IA2-LP
20%
AngelList-MaSi-Funds, LLC A-ILX-17-Fund
20%
Sun Room Funds, LLC 3908 Spruce
20%
JJK Funds, LLC A-OLJ-19-Fund
20%
IA Fund, LP IA1-LP
19%
IA Fund, LLC IA3
19%
Cory Capital, LP Cory Capital 1
19%
AngelList-ThTe-Funds, LLC A-TJV-17-Fund
19%
AngelList-Saas-Funds, LLC A-SOF-15-Fund
18%
AngelList-ThTe-Funds, LLC A-TZQ-12-Fund
18%
AX-EP-Funds, LLC A-UXD-12-Fund
18%
JJK Funds, LLC JJK SPV II
18%
JJK Funds, LLC JJK SPV I
18%
AngelList-SDA-Funds, LLC A-XXR-14-Fund
18%
Jude Gomila AngelList S16 Fund, LP
17%
AX-DE-Funds, LLC A-MDP-14-Fund
16%
AngelList-SeSh-Funds, LLC A-TUS-11-Fund
16%
AngelList-BlAl-Funds, LLC A-BCV-51-Fund
16%
AX-LoAl-Funds, LLC A-RQJ-22-Fund
16%
AngelList-RM-Funds, LLC A-LXF-12-Fund
16%
AX-PT-Funds, LLC A-MPF-14-Fund
16%
AX-PT-Funds, LLC A-AMK-16-Fund
15%
AngelList-BaRs-Funds, LLC A-AJD-18-Fund
15%
AngelList-GP-Funds, LLC A-PCR-28-Fund
15%
AX-ThNd-Funds, LLC A-TQW-25-Fund
15%
AX-ThNd-Funds, LLC A-IYX-12-Fund
15%
The JJK Partnership, LP JJK II
15%
AngelList-S2Al-Funds, LLC A-SGR-17-Fund
14%
AngelList-ZC-Funds, LLC A-BNC-19-Fund
14%
Weave Capital, LP
14%
AngelList-BS-Funds, LLC A-NZP-17-Fund
13%
Fearless Capital, LP Fearless Fund I
13%
General Funds LLC A-BBQ-23-Fund
12%
AX-JaGr-Funds, LLC A-CVB-18-Fund
12%
AX-IA-Funds, LLC A-CXQ-18-Fund
12%
AngelList-OL-Funds, LLC A-VSM-19-Fund
12%
AngelList-DaTe-Funds, LLC A-RFD-63-Fund
12%
V Angels, LP V Angel I
12%
AngelList-ToFa-Funds, LLC A-CFH-19-Fund
12%
AX-JoCh-Funds, LLC A-OZN-12-Fund
12%
AngelList-EG-Funds, LLC A-BPJ-13-Fund
11%
AX-IA-Funds, LLC A-GDT-14-Fund
10%
SAX Capital Series Fund V, LP BP 098
1%
Surv Eco Comp Inv LLC The Huck Fin Fd II
1%
AngelList Funds, LLC A-AVX-46-Fund
1%
Angel-ER-Fds, LLC A-SDA-14-Fd
0%
Establishments
Establishment units
Physical locations of this company
Van Beverlaan 4
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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E-MERGE SLY same network
€ -7,752 gross margin · 2025
E-MERGE SPX same network
€ -19,689 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0646.707.116
- VAT number
- BE 0646.707.116
- Registered office
- Van Beverlaan 4, 1180 Ukkel
- Names & denominations
- E-MERGE ALS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2016
- Peppol
- Active · Active since 5 Dec 2025