ACTIVE

What Els

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Financial year 2025 · Closed on 31/12/2025

Net result46,6 k €+0,6 %over 1 year
Gross margin72,8 k €-6,1 %over 1 year
Equity38,5 k €-54,6 %over 1 year

Identity

Source · BCE/KBO

What Els is a Private limited company incorporated in 2021. Its main activity is: Management consultancy activities. Its registered office is in Mechelen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0770.631.742
Incorporation
01/07/2021
Legal form
Private limited company
Registered office
Laathofstraat(MeSK) 22
2800 Mechelen · FlandreSee on map
Contributed capital
1 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin72,8 k €77,5 k €89,7 k €58,1 k €54,9 k €
EBITDA71,4 k €76,4 k €89 k €57,4 k €54,5 k €
Operating result54,4 k €59,3 k €72,5 k €55,6 k €54,5 k €
Net result46,6 k €46,3 k €56,2 k €41,3 k €38,3 k €
Balance sheet
Equity38,5 k €84,9 k €135,3 k €79 k €38,5 k €
Total assets214,1 k €157,2 k €225,1 k €199,9 k €76,2 k €
Cash42,4 k €16 k €11,5 k €50,7 k €70,8 k €
Debts175,5 k €72,4 k €87 k €120,6 k €37,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ELS VERWIMP
Director

Other companies at this address

Laathofstraat(MeSK) 22 2800 Mechelen
CompanyCBE no.
Malius● Active
0687.903.808

Full financial information

Source · NBB
20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202230/06/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months7 months
Filing date29/04/202607/07/202519/08/202426/07/202329/04/2022
General meeting25/04/202630/06/202530/07/202430/06/202322/04/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/04/202629/04/2026DutchPDF
Micro model31/12/202430/06/202507/07/2025DutchPDF
Micro model31/12/202330/07/202419/08/2024DutchPDF
Micro model31/12/202230/06/202326/07/2023DutchPDF
Micro model31/12/202122/04/202229/04/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ELS VERWIMP
Director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office14/09/2022
    Zetelverplaatsing
    PDF
  • Other05/07/2021
    OPRICHTING
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
ELS VERWIMP
202120222023202420252026
What Els
Laathofstraat(MeSK) 22, 2800 Mechelen
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Laathofstraat(MeSK) 22, 2800 MechelenCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00093432
Rode Molenstraat 66, 2800 Mechelen
accounts 2021
Accounts 2021 · 2022-20013759

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
What ElsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00093432

Events

  1. 2025
    Annual accounts 202546,6 k €↑
  2. 2024
    Annual accounts 202446,3 k €↓
  3. 2023
    Annual accounts 202356,2 k €↑
  4. 2022
    Annual accounts 202241,3 k €↑
  5. 2021
    Annual accounts 202138,3 k €
  6. 01/07/2021
    IncorporationPrivate limited company