Financials
Financial year 2025
ELABORATE from Mechelen, company number BE0829388701, closed financial year 2025 with a result of € 221,693 after tax. For that financial year ELABORATE recorded a gross margin of € 333,592 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 240,461 to € 221,693. The company is profitable. 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 September 30, 2026.
€ 1.3 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 221,693
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 773,147
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 131,290 paid out
59 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 10,426
▲ 4% 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.
€ 6,764
▼ 67% 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.
€ 5,428
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,793
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 162,674 | € 169,729 | € 373,808 | € 333,592 | ▼ 11% |
| Profit after taxes | € 116,444 | € 79,546 | € 240,461 | € 221,693 | ▼ 8% |
| Equity | € 1,312,495 | € 1,079,239 | € 1,216,812 | € 1,307,214 | ▲ 7% |
| Total debts | € 91,307 | € 107,832 | € 66,929 | € 32,939 | ▼ 51% |
| Cash | € 680,388 | € 614,907 | € 681,552 | € 773,147 | ▲ 13% |
| Land & buildings | € 146,332 | € 137,314 | € 128,297 | € 119,280 | ▼ 7% |
| Retained profit | € 1,306,295 | € 1,073,039 | € 1,210,612 | € 1,301,014 | ▲ 7% |
| Dividend | € 46,005 | € 312,801 | € 102,888 | € 131,290 | ▲ 28% |
| Bank debt | € 77,275 | € 49,115 | € 20,495 | € 0 | ▼ 100% |
| Balance sheet total | € 1,403,801 | € 1,187,072 | € 1,283,741 | € 1,340,153 | ▲ 4% |
Key figures of ELABORATE, 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 ELABORATE?
What happened at ELABORATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 221,693 (▼ 8% vs 2024). filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
- Sofie Schouwers became a director. NBB
In short
From € 116,444 profit in 2022 to € 221,693 profit in 2025.
Paid € 289,436 in corporate taxes since 2022.
Best year ever: 2024, with € 240,461 profit.
Paid out € 592,985 in dividends to the owners in total.
Management
Behind ELABORATE is Sofie Schouwers.
Directors
According to the 2025 annual accounts
Sofie Schouwers
Administrator-manager
since 2010
Establishments
Establishment units
Physical locations of this company
Stuivenbergvaart 125
2800 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0829.388.701
- VAT number
- BE 0829.388.701
- Registered office
- Stuivenbergvaart 125, 2800 Mechelen
- Names & denominations
- ELABORATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2010
- Peppol
- Active · Active since 3 Dec 2025
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