Financials
Financial year 2025
Shopwedo from Mechelen, company number BE0650785470, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year Shopwedo recorded revenue of € 14.9 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.5 million. 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 October 22, 2026.
€ 4.9 million
▲ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 28% 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 € 4.8 million.
People and assets in 2025
46.6
▲ 19.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 43% vs 2024
€ 39,200 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.
€ 756,859
▼ 9% vs 2024
Of which on lease € 636,319.
Debts at end 2025
€ 1.3 million
▼ 25% vs 2024
€ 264,497 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.2 million
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 698,354
▲ 183% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 13,449,807 | € 14,889,722 | ▲ 11% |
| Gross margin | € 2,381,913 | € 2,514,445 | - | - | |
| Profit after taxes | € 1,085,126 | € 494,793 | € 1,273,371 | € 1,517,144 | ▲ 19% |
| Equity | € 1,578,833 | € 2,073,626 | € 3,346,997 | € 4,864,141 | ▲ 45% |
| Total debts | € 2,777,010 | € 2,683,745 | € 3,087,524 | € 3,174,876 | ▲ 3% |
| Cash | € 227,750 | € 620,051 | € 1,828,768 | € 1,325,655 | ▼ 28% |
| Retained profit | € 1,560,233 | € 2,055,026 | € 3,328,397 | € 4,845,541 | ▲ 46% |
| Bank debt | € 1,172,971 | € 1,086,539 | € 1,721,054 | € 1,288,018 | ▼ 25% |
| Balance sheet total | € 4,355,843 | € 4,757,371 | € 6,434,522 | € 8,039,018 | ▲ 25% |
| Employees (FTE) | 19.1 | 31.4 | 26.8 | 46.6 | ▲ 19.8 |
Key figures of Shopwedo, 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 Shopwedo?
What happened at Shopwedo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.5 million (▲ 19% vs 2024). filed late Source: NBB ↗
- QLS Group BV became a director. NBB
- New establishment in Oostende. KBO
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.5 million profit.
On average € 80,100 of value added per employee in 2023.
Management
Behind Shopwedo is QLS Group BV. The shares are held by QLS Group (100%).
Directors
According to the 2025 annual accounts
QLS Group BV
Director · represented by Boogers Quincy
since 2026
Shareholders
QLS Group
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Egide Walschaertsstraat 22C
2800 Mechelen
Oudenburgsesteenweg 31CG
8400 Oostende
Active since 16 February 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0650.785.470
- VAT number
- BE 0650.785.470
- Registered office
- Egide Walschaertsstraat 22C, 2800 Mechelen
- Names & denominations
- Shopwedo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2016
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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