Financials
Financial year 2025
ELEGANT from Mechelen, company number BE0899305113, closed financial year 2025 with a result of € 6.6 million after tax. For that financial year ELEGANT recorded revenue of € 178 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 8.5 million to € 6.6 million. The company is profitable. The buffer shrank hard: equity is 70 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 5.6 million
▼ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.6 million
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 56.6 million
Cash and bank balances on the last day of the fiscal year.
€ 20 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
28.9
▲ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 29% vs 2024
€ 87,900 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.
€ 38,721
▲ 149% 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.
€ 27.6 million
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 60 days on average.
€ 9.3 million
▲ 181% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 190,358,722 | € 151,638,980 | € 162,674,652 | € 177,982,401 | ▲ 9% |
| Profit after taxes | € 3,770,139 | € 7,995,335 | € 8,504,976 | € 6,572,883 | ▼ 23% |
| Equity | € 2,565,753 | € 10,561,087 | € 19,066,043 | € 5,638,925 | ▼ 70% |
| Total debts | € 66,747,956 | € 52,685,263 | € 41,329,085 | € 57,103,669 | ▲ 38% |
| Cash | € 15,536,544 | € 44,734,287 | € 56,476,543 | € 56,602,137 | |
| Retained profit | € 547,153 | € 8,542,487 | € 17,047,443 | € 3,620,325 | ▼ 79% |
| Dividend | € 0 | € 0 | € 0 | € 20,000,000 | |
| Bank debt | € 10,000,000 | € 10,000,000 | € 0 | € 0 | |
| Balance sheet total | € 69,313,708 | € 63,246,350 | € 63,198,547 | € 64,545,697 | ▲ 2% |
| Employees (FTE) | 22 | 24.8 | 26.1 | 28.9 | ▲ 2.8 |
Key figures of ELEGANT, 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 ELEGANT?
What happened at ELEGANT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6.6 million (▼ 23% vs 2024). Source: NBB ↗
- Nuts Groep BV became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.8 million profit in 2022 to € 6.6 million profit in 2025.
Paid € 7.7 million in corporate taxes since 2022.
Best year ever: 2024, with € 8.5 million profit.
Paid out € 20 million in dividends to the owners in total.
Management
Behind ELEGANT is Nuts Groep BV. The shares are held by Nuts Groep BV (100%).
Directors
According to the 2025 annual accounts
Nuts Groep BV
Director · represented by Sven PRONK
since 2024
Shareholders
Nuts Groep BV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kleine Nieuwedijkstraat 53
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WORLDSTREAM, NL
DNS
TransIP DNS
Website info
Features
Security
Details
- Company number
- 0899.305.113
- VAT number
- BE 0899.305.113
- Registered office
- Kleine Nieuwedijkstraat 53, 2800 Mechelen
- Names & denominations
- ELEGANT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2008
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- elegant.be
- Activities · NACE
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