Financials
Financial year 2024
Shopwedo from Mechelen, company number BE0650785470, closed financial year 2024 with a result of € 1.3 million after tax. For that financial year Shopwedo recorded revenue of € 13.4 million and equity of € 3.3 million. Compared with financial year 2023, the result moved from € 494,793 to € 1.3 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 July 11, 2025.
€ 3.3 million
▲ 61% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 157% vs 2023
Profit after tax over the fiscal year.
€ 1.8 million
▲ 195% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 3.3 million.
People and assets in 2024
26.8
▼ 4.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 15% vs 2023
€ 47,600 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.
€ 828,995
▼ 22% vs 2023
Of which on lease € 778,525.
Debts at end 2024
€ 1.7 million
▲ 58% vs 2023
€ 281,974 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.1 million
▼ 17% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.
€ 247,074
▲ 29% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 13,449,807 | |
| Gross margin | € 1,948,876 | € 2,381,913 | € 2,514,445 | - | |
| Profit after taxes | € 829,588 | € 1,085,126 | € 494,793 | € 1,273,371 | ▲ 157% |
| Equity | € 493,708 | € 1,578,833 | € 2,073,626 | € 3,346,997 | ▲ 61% |
| Total debts | € 2,734,076 | € 2,777,010 | € 2,683,745 | € 3,087,524 | ▲ 15% |
| Cash | € 765,494 | € 227,750 | € 620,051 | € 1,828,768 | ▲ 195% |
| Retained profit | € 475,108 | € 1,560,233 | € 2,055,026 | € 3,328,397 | ▲ 62% |
| Dividend | € 829,588 | € 0 | € 0 | € 0 | |
| Bank debt | € 653,022 | € 1,172,971 | € 1,086,539 | € 1,721,054 | ▲ 58% |
| Balance sheet total | € 3,227,783 | € 4,355,843 | € 4,757,371 | € 6,434,522 | ▲ 35% |
| Employees (FTE) | 32.8 | 19.1 | 31.4 | 26.8 | ▼ 4.6 |
Key figures of Shopwedo, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: profit of € 1.3 million (▲ 157% vs 2023). Source: NBB ↗
- New establishment in Oostende. KBO
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 829,588 profit in 2021 to € 1.3 million profit in 2024.
Paid € 1.1 million in corporate taxes since 2021.
Best year ever: 2024, with € 1.3 million profit.
On average € 80,100 of value added per employee in 2023.
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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
Behind Shopwedo is NameOnIt. The shares are held by QLS Group BV.
Directors
According to the 2024 annual accounts
Director · represented by Kenny VAN PAESSCHEN
Shareholders
QLS Group BV
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 27 Mar 2026
- Activities · NACE
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