Financials
Financial year 2025
Eleven Ways from Gent, company number BE0807566570, closed financial year 2025 with a result of € 89,961 after tax. For that financial year Eleven Ways recorded a gross margin of € 502,284 and equity of € 303,971. Compared with financial year 2024, the result moved from € 42,868 to € 89,961. 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 January 24, 2026.
€ 303,971
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 89,961
▲ 110% vs 2024
Profit after tax over the fiscal year.
€ 185,619
▲ 8% 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 € 302,971.
People and assets in 2025
€ 359,241
▲ 29% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 22,069
▲ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 29,959
▲ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 109,807
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 121,075 | € 154,586 | € 349,640 | € 502,284 | ▲ 44% |
| Profit after taxes | € 33,464 | € -5,653 | € 42,868 | € 89,961 | ▲ 110% |
| Equity | € 181,586 | € 175,933 | € 214,010 | € 303,971 | ▲ 42% |
| Total debts | € 70,955 | € 56,206 | € 118,409 | € 140,451 | ▲ 19% |
| Cash | € 85,686 | € 53,674 | € 172,055 | € 185,619 | ▲ 8% |
| Retained profit | € 180,586 | € 174,933 | € 213,010 | € 302,971 | ▲ 42% |
| Dividend | € 0 | € 0 | € 4,791 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 845 | € 0 | € 0 | |
| Balance sheet total | € 252,540 | € 232,139 | € 332,419 | € 444,422 | ▲ 34% |
Key figures of Eleven Ways, fiscal years 2022 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 Eleven Ways?
What happened at Eleven Ways in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 89,961 (▲ 110% vs 2024). Source: NBB ↗
- Jelle De Loecker became a director. NBB
- Roel Van Gils became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,464 profit in 2022 to € 89,961 profit in 2025.
Paid € 74,580 in corporate taxes since 2022.
Best year ever: 2025, with € 89,961 profit.
Paid out € 4,791 in dividends to the owners in total.
Management
Behind Eleven Ways are Jelle De Loecker and Roel Van Gils.
Directors
According to the 2025 annual accounts
Jelle De Loecker
Director
since 2019
Roel Van Gils
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Onderstraat 7 box 210
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0807.566.570
- VAT number
- BE 0807.566.570
- Registered office
- Onderstraat 7 bus 210, 9000 Gent
- Names & denominations
- Eleven Ways
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 2008
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