What does One Eleven do?

One Eleven is a painting contractor in Kortrijk. Private Limited, started on 26 July 2023, 1 establishment.

What is the address of One Eleven?

The registered office of One Eleven is located at Hugo Verriestlaan(Kor) 96, 8500 Kortrijk.

Is One Eleven still active?

Yes. According to the CBE (18 September 2026) One Eleven is active, legal situation “Normale toestand”, started on 26 July 2023.

Is One Eleven registered on Peppol?

Yes, One Eleven is registered on the Peppol network with ID 0208:0804306677.

What is the enterprise number of One Eleven?

The enterprise number of One Eleven is BE0804306677.

When was One Eleven founded?

One Eleven was founded on 26 July 2023.

Who are the directors of One Eleven?

According to the 2025 annual accounts, the directors of One Eleven are: Ushang Alaverdashvili.

Is One Eleven a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 July 2023; 2 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did One Eleven make in 2025?

One Eleven posted a profit after taxes of € 13,170 in financial year 2025.

What is the revenue of One Eleven?

As a small company, One Eleven is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 39,746.

One Eleven (Private Limited) - Kortrijk - BE0804306677

Dossier One Eleven, printed on 18 September 2026 from databakkes.be/en/0804306677/one-eleven. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

One Eleven from Kortrijk, company number BE0804306677, closed financial year 2025 with a result of € 13,170 after tax. For that financial year One Eleven recorded a gross margin of € 39,746 and equity of € 25,827. Compared with financial year 2024, the result moved from € -12,343 to € 13,170. 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 November 28, 2025.

What it is worth Growing

€ 25,827

▲ 104% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 13,170

▲ still € 12,343 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 14,457

▲ 270% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 827.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 14 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 14

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 10,096

▼ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 80,000

▼ 30% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 11,113

▲ 173% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,884

▼ 21% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2024	2025	Change 2024 → 2025
Gross margin	€ 154 Gross margin 2024: € 154 First fiscal year in the series	€ 39,746 Gross margin 2025: € 39,746 ▲ € 39,592 vs 2024 (€ 154) Favourable step	▲ € 39,592
Profit after taxes	€ -12,343 Profit after taxes 2024: € -12,343 First fiscal year in the series	€ 13,170 Profit after taxes 2025: € 13,170 ▲ € 25,513 vs 2024 (€ -12,343) Favourable step	▲ € 25,513
Equity	€ 12,657 Equity 2024: € 12,657 First fiscal year in the series	€ 25,827 Equity 2025: € 25,827 ▲ 104% vs 2024 (€ 12,657) Favourable step	▲ 104%
Total debts	€ 121,856 Total debts 2024: € 121,856 First fiscal year in the series	€ 99,523 Total debts 2025: € 99,523 ▼ 18% vs 2024 (€ 121,856) Favourable step	▼ 18%
Cash	€ 3,904 Cash 2024: € 3,904 First fiscal year in the series	€ 14,457 Cash 2025: € 14,457 ▲ 270% vs 2024 (€ 3,904) Favourable step	▲ 270%
Retained profit	€ -12,343 Retained profit 2024: € -12,343 First fiscal year in the series	€ 827 Retained profit 2025: € 827 ▲ € 13,170 vs 2024 (€ -12,343) Favourable step	▲ € 13,170
Bank debt	€ 115,000 Bank debt 2024: € 115,000 First fiscal year in the series	€ 80,000 Bank debt 2025: € 80,000 ▼ 30% vs 2024 (€ 115,000) Favourable step	▼ 30%
Balance sheet total	€ 134,513 Balance sheet total 2024: € 134,513 First fiscal year in the series	€ 125,349 Balance sheet total 2025: € 125,349 ▼ 7% vs 2024 (€ 134,513) Unchanged	▼ 7%

Key figures of One Eleven, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to One Eleven?

What happened at One Eleven in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Nov 28, 2025 New annual accounts for financial year 2025: profit of € 13,170. Source: NBB ↗
2023 Ushang Alaverdashvili became a director. NBB
Jul 26, 2023 New establishment in Kortrijk. KBO
Jul 26, 2023 Start of the company according to the CBE. KBO

In short

From € 12,343 loss in 2024 to € 13,170 profit in 2025.

Best year ever: 2025, with € 13,170 profit.

Original PDFs at the National Bank ↗

A new publication or filing at One Eleven? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Ushang Alaverdashvili

One Eleven

Behind One Eleven is Ushang Alaverdashvili.

See the full network in the app

Directors

According to the 2025 annual accounts

Ushang Alaverdashvili

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Hugo Verriestlaan(Kor) 96

8500 Kortrijk

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 →

Maison Decor

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0804.306.677
VAT number: BE 0804.306.677
Registered office: Hugo Verriestlaan(Kor) 96, 8500 Kortrijk
Names & denominations: One Eleven
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 26 July 2023
Peppol: Active · Active since 2 Sept 2025
Activities · NACE: Schilderen van gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗