Financials
Financial year 2025
SCHELL BELGIUM from Merchtem, company number BE0831100651, closed financial year 2025 with a result of € -12,795 after tax. For that financial year SCHELL BELGIUM recorded a gross margin of € 1 million and equity of € 100,467. Compared with financial year 2024, the result moved from € 53,065 to € -12,795. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 100,467
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,795
▼ still € 53,065 profit in 2024
Profit after tax over the fiscal year.
€ 562,825
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 60,467.
People and assets in 2025
6.8
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 725,827
▲ 6% vs 2024
€ 106,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,633
▼ 41% 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.
€ 713,429
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 85,563
▲ 17% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,180,570 | € 1,053,728 | € 1,060,082 | € 1,004,079 | ▼ 5% |
| Profit after taxes | € 163,142 | € 15,425 | € 53,065 | € -12,795 | ▼ € 65,859 |
| Equity | € 207,914 | € 60,197 | € 113,261 | € 100,467 | ▼ 11% |
| Total debts | € 670,349 | € 685,027 | € 878,603 | € 798,991 | ▼ 9% |
| Cash | € 603,564 | € 287,045 | € 435,595 | € 562,825 | ▲ 29% |
| Retained profit | € 167,914 | € 20,197 | € 73,261 | € 60,467 | ▼ 17% |
| Dividend | € 282,869 | € 163,142 | € 0 | € 0 | |
| Balance sheet total | € 878,263 | € 745,224 | € 991,864 | € 899,458 | ▼ 9% |
| Employees (FTE) | 6.6 | 6.9 | 6.5 | 6.8 | ▲ 0.3 |
Key figures of SCHELL BELGIUM, 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 SCHELL BELGIUM?
What happened at SCHELL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,795 (▼ € 65,859 vs 2024). Source: NBB ↗
- Klaus Elischewski became a director. NBB
- Andrea Bußmann became a director. NBB
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 163,142 profit in 2022 to € 12,795 loss in 2025.
Paid € 98,862 in corporate taxes since 2022.
Best year ever: 2022, with € 163,142 profit.
On average € 147,700 of value added per employee in 2025.
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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
Behind SCHELL BELGIUM are Klaus Elischewski and Andrea Bußmann. The shares are held by SCHELL GmbH & Co KG BO (100%).
Directors
According to the 2025 annual accounts
Klaus Elischewski
Director
since 2022
Andrea Bußmann
Director
since 2022
Shareholders
SCHELL GmbH & Co KG BO
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 171
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0831.100.651
- VAT number
- BE 0831.100.651
- Registered office
- Brusselsesteenweg 171, 1785 Merchtem
- Names & denominations
- SCHELL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2010
- Peppol
- Active · Active since 9 Feb 2026
- Activities · NACE
Groothandel in sanitair