Financials
Financial year 2025
What Els from Mechelen, company number BE0770631742, closed financial year 2025 with a result of € 46,608 after tax. For that financial year What Els recorded a gross margin of € 72,751 and equity of € 38,537. Compared with financial year 2024, the result moved from € 46,323 to € 46,608. Profitable, and profit is growing. The buffer shrank hard: equity is 55 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 38,537
▼ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,608
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 42,391
▲ 165% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 92,931 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 36,479
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 28,179
▼ 37% vs 2024
Loans from banks and other lenders, long and short.
€ 4,434
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,985
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,085 | € 89,750 | € 77,483 | € 72,751 | ▼ 6% |
| Profit after taxes | € 41,308 | € 56,222 | € 46,323 | € 46,608 | ▲ 1% |
| Equity | € 79,045 | € 135,267 | € 84,860 | € 38,537 | ▼ 55% |
| Total debts | € 120,855 | € 89,848 | € 72,386 | € 175,529 | ▲ 142% |
| Cash | € 50,674 | € 11,509 | € 15,973 | € 42,391 | ▲ 165% |
| Retained profit | € 78,045 | € 134,267 | € 83,860 | € 37,537 | ▼ 55% |
| Dividend | € 800 | € 0 | € 96,730 | € 92,931 | ▼ 4% |
| Bank debt | € 70,754 | € 53,794 | € 44,953 | € 28,179 | ▼ 37% |
| Balance sheet total | € 199,901 | € 225,115 | € 157,246 | € 214,066 | ▲ 36% |
Key figures of What Els, 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 What Els?
What happened at What Els in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,608 (▲ 1% vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,308 profit in 2022 to € 46,608 profit in 2025.
Paid € 56,222 in corporate taxes since 2022.
Best year ever: 2023, with € 56,222 profit.
Paid out € 190,461 in dividends to the owners in total.
Management
Behind What Els is ELS VERWIMP. ELS VERWIMP is also behind IMMOBILIERE JAKSA NOUVELLE, AUVITRADE BELGIUM, LOGILEDER, NIVELLES OFFICE PARC 1 and IMOZIN.
Directors
According to the 2025 annual accounts
ELS VERWIMP
Director
Also active at: IMMOBILIERE JAKSA NOUVELLE, AUVITRADE BELGIUM, LOGILEDER, NIVELLES OFFICE PARC 1, IMOZIN, ClaRetail, MOZART INVEST
Establishments
Establishment units
Physical locations of this company
Laathofstraat(MeSK) 22
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0770.631.742
- VAT number
- BE 0770.631.742
- Registered office
- Laathofstraat(MeSK) 22, 2800 Mechelen
- Names & denominations
- What Els
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2021
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
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