Financials
Financial year 2025
SHOPPING OLEN from Elsene, company number BE0822353825, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year SHOPPING OLEN recorded a gross margin of € 4.5 million and equity of € 6.6 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.8 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 6.6 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 2.6 million
▲ € 2.2 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.4 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 22.1 million
▼ 6% vs 2024
€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 7,650
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,986
▼ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,307,317 | - | - | - | |
| Gross margin | € 4,119,656 | € 4,158,725 | € 4,228,055 | € 4,458,585 | ▲ 5% |
| Profit after taxes | € 1,563,247 | € 1,608,990 | € 1,682,652 | € 1,816,141 | ▲ 8% |
| Equity | € 4,898,049 | € 5,457,039 | € 7,139,691 | € 6,555,832 | ▼ 8% |
| Total debts | € 28,256,115 | € 26,881,681 | € 24,504,065 | € 24,126,443 | ▼ 2% |
| Cash | € 348,383 | € 138,075 | € 457,974 | € 2,628,981 | ▲ € 2.2 million |
| Land & buildings | € 30,449,655 | € 29,314,253 | € 28,176,801 | € 27,203,018 | ▼ 3% |
| Retained profit | € 1,698,049 | € 2,257,039 | € 3,939,691 | € 3,355,832 | ▼ 15% |
| Dividend | € 1,000,000 | € 1,050,000 | € 0 | € 2,400,000 | |
| Bank debt | € 26,462,500 | € 25,012,500 | € 23,562,500 | € 22,112,500 | ▼ 6% |
| Balance sheet total | € 33,154,164 | € 32,338,720 | € 31,643,756 | € 30,682,275 | ▼ 3% |
Key figures of SHOPPING OLEN, 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 SHOPPING OLEN?
What happened at SHOPPING OLEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Merit Advice stepped down as director. NBB
- Belstockx stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.8 million (▲ 8% vs 2024). Source: NBB ↗
- Merit Advice became a director. NBB
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2022 to € 1.8 million profit in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.8 million profit.
Paid out € 4.5 million in dividends to the owners in total.
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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
The stake of URIBA ESTATES, STARFIN, DEN AST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SHOPPING OLENThe shares are held by URIBA ESTATES (100%), STARFIN (90%) and DEN AST (10%).
Directors
According to the 2025 annual accounts
Managing director · represented by Sibylle Van Belle
Also active at: M.H.F. - Themol, LIEVENS, DE NERVIËR, MAASMECHELEN RETAIL INVEST, IMMO HAMME, Green Est. Facilities
since 2023 · until 2029
Managing director · represented by Laurent Poulet
Also active at: LIEVENS, LEGIO PURCHASING HOME, MAASMECHELEN RETAIL INVEST, IMMO HAMME, Green Est. Facilities, JUNTOO ANTWERPEN EN LIMBURG, JUNTOO OOST-VLAANDEREN EN BRABANT, JUNTOO WEST-VLAANDEREN EN WALLONIЁ +1 more
· until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 367
1050 Elsene
Lammerdries-Winkelstraat 4
2250 Olen
Active since 20 January 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0822.353.825
- VAT number
- BE 0822.353.825
- Registered office
- Louizalaan 367, 1050 Elsene
- Names & denominations
- SHOPPING OLEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2010
- Peppol
- Active · Active since 20 Aug 2025
- Activities · NACE
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