ACTIVE

Compagnie Le Zoute

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Financial year 2025 · closed on 31/12/2025

Net result

477,2 k €

-88.2% YoY

Revenue

2,9 M €

+9.1% YoY

Equity

69,8 M €

-0.9% YoY

Workforce

13,3 ETP

+5.6% YoY

What does Compagnie Le Zoute do?

Compagnie Le Zoute is a Public limited company incorporated in 1931. Its main activity is: Development of building projects. Its registered office is in Knokke-Heist. It employs on average 13,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.190.378

Incorporation

24/04/1931

Legal form

Public limited company

Registered office

Prins Filiplaan 53
8300 Knokke-Heist · FlandreSee on map

Contributed capital

410 000,00 €

Latest accounts

31/12/2025

Average workforce

13,3 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 92613Gambling and betting activities 93110Operation of sports facilities 93110Operation of sports facilities+6

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Revenue	2,9 M €	+9.1%	2,7 M €	+10.9%	2,4 M €	-57.2%	5,6 M €	-83.2%	33,3 M €	-2.3%	34,1 M €	+983%	3,1 M €	+122%	1,4 M €	-79.1%	6,8 M €
EBITDA	-121 k €	+51.3%	-248,7 k €	+59.7%	-617,7 k €	-122%	2,8 M €	-77.4%	12,4 M €	+16.1%	10,7 M €	+1931%	-583,7 k €	-274%	334,6 k €	-94.1%	5,7 M €
Operating result	-512,7 k €	+19.2%	-634,5 k €	+38.5%	-1 M €	-142%	2,5 M €	-79.5%	12,1 M €	+16.6%	10,4 M €	+1223%	-925,2 k €	-4101%	-22 k €	-100%	4,8 M €
Net result	477,2 k €	-88.2%	4 M €	+576%	597,8 k €	-72.0%	2,1 M €	-76.3%	9 M €	-57.3%	21 M €	+441%	3,9 M €	+3647%	-109,8 k €	-103%	4,2 M €
Balance sheet
Equity	69,8 M €	-0.9%	70,4 M €	+5.8%	66,5 M €	-2.1%	68 M €	-0.6%	68,4 M €	+7.4%	63,7 M €	+31.8%	48,3 M €	+8.4%	44,6 M €	-10.1%	49,6 M €
Total assets	81,8 M €	+5.2%	77,8 M €	-10.2%	86,6 M €	-6.3%	92,4 M €	+22.6%	75,4 M €	-32.8%	112,2 M €	+16.7%	96,1 M €	+6.5%	90,3 M €	+29.7%	69,6 M €
Cash	1,5 M €	-71.9%	5,2 M €	+379%	1,1 M €	-21.3%	1,4 M €	-88.4%	12 M €	-56.3%	27,5 M €	+485%	4,7 M €	-43.8%	8,4 M €	+182%	3 M €
Debts	12 M €	+63.4%	7,3 M €	-63.3%	20 M €	-18.0%	24,4 M €	+250%	7 M €	-85.6%	48,5 M €	+1.5%	47,8 M €	+4.5%	45,7 M €	+133%	19,6 M €
Other
Workforce	13,3 ETP	+5.6%	12,6 ETP	-13.1%	14,5 ETP	+28.3%	11,3 ETP	+18.9%	9,5 ETP	-1.0%	9,6 ETP	-11.1%	10,8 ETP	-54.8%	23,9 ETP	-36.4%	37,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 53 ended

Active mandates

Ann De Raedt

Director · since 23 avril 2025 · until 22 avril 2026

Active

CHENICLEM

Chairman of the board of directors · since 23 avril 2025 · until 22 avril 2026 · 0774.370.695

Represented by Bernard Jolly

Active

CORPAR

Director · since 23 avril 2025 · until 22 avril 2026 · 0882.017.337

Represented by Baudouin Jolly

Active

Didier Baron de Crombrugghe de Looringhe

Director · since 23 avril 2025 · until 22 avril 2026

Active

MarcVH-Consult

Director · since 23 avril 2025 · until 28 avril 2027 · 0500.908.394

Represented by Marcus Van Heddeghem

Active

Natacha Lippens

Director · since 23 avril 2025 · until 22 avril 2026

Active

Paul-Evence Coppée

Director · since 23 avril 2025 · until 22 avril 2026

Active

PL CONSEIL

Director · since 23 avril 2025 · until 22 avril 2026 · 1002.755.415

Represented by Pierre Lebbe

Active

Sonia Baesch

Director · since 23 avril 2025 · until 22 avril 2026

Active

Alain Devos

Director · since 26 avril 2023 · until 28 avril 2027 · 0859.679.227

Represented by Alain Devos

Active

FreeBe

Director · since 26 avril 2023 · until 28 avril 2027 · 0640.791.797

Represented by Sophie Lecloux

Active

HUDICO

Director · since 26 avril 2023 · until 22 avril 2026 · 0457.009.263

Represented by Didier t'Serstevens

Active

Ended mandates

Ann De Raedt

Director · since 19 juin 2024 · until 23 avril 2025

Ended

Sonia Baesch

Director · since 19 juin 2024 · until 23 avril 2025

Ended

CHENICLEM

Chairman of the board of directors · since 24 avril 2024 · until 23 avril 2025 · 0774.370.695

Represented by Bernard Jolly

Ended

CORPAR

Director · since 24 avril 2024 · until 23 avril 2025 · 0882.017.337

Represented by Baudouin Jolly

Ended

At this address

Other companies at this address

Company	CBE no.
COMPAGNIE HET ZOUTE REAL ESTATE● Active	0436.355.983
COMPAGNIE HET ZOUTE - RESERVE● Active	0446.241.174
ROYAL ZOUTE GOLF CLUB● Active	0694.681.237
VAKH● Active	0797.323.172
Zoute Promotions● Active	0826.458.806
ZOUTE PROMOTIONS KORTRIJK● Active	0739.859.877

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/06/2026	27/06/2025	27/06/2024	06/06/2023	19/05/2022	05/07/2021
General meeting	22/04/2026	23/04/2025	24/04/2024	26/04/2023	27/04/2022	28/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

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Filings

Annual accounts filings

39 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	22/04/2026	16/06/2026	Dutch	PDF
Full model	31/12/2024	23/04/2025	27/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	23/04/2025	27/06/2025	Dutch	PDF
Full model	31/12/2023	24/04/2024	27/06/2024	Dutch	PDF
Consolidated accounts	31/12/2023	24/04/2024	27/06/2024	Dutch	PDF
Full model	31/12/2022	26/04/2023	06/06/2023	Dutch	PDF
Consolidated accounts	31/12/2022	26/04/2023	07/06/2023	Dutch	PDF
Full model	31/12/2021	27/04/2022	19/05/2022	Dutch	PDF
Consolidated accounts	31/12/2021	27/04/2022	19/05/2022	French	PDF
Full model	31/12/2020	28/04/2021	29/06/2021	Dutch	PDF
Consolidated accounts	31/12/2020	28/04/2021	05/07/2021	Dutch	PDF
Full model	31/12/2019	22/04/2020	20/05/2020	Dutch	PDF
Consolidated accounts	31/12/2019	22/04/2020	20/05/2020	Dutch	PDF
Full model	31/12/2018	24/04/2019	28/05/2019	Dutch	PDF
Consolidated accounts	31/12/2018	24/04/2019	07/06/2019	Dutch	PDF
Full model	31/12/2017	25/04/2018	06/06/2018	Dutch	PDF
Consolidated accounts	31/12/2017	25/04/2018	21/06/2018	Dutch	PDF
Full model	31/12/2016	26/04/2017	13/06/2017	Dutch	PDF
Consolidated accounts	31/12/2016	26/04/2017	06/07/2017	Dutch	PDF
Full model	31/12/2015	27/04/2016	07/06/2016	Dutch	PDF
Consolidated accounts	31/12/2015	27/04/2016	07/06/2016	Dutch	PDF
Full model	31/12/2014	22/04/2015	04/06/2015	Dutch	PDF
Consolidated accounts	31/12/2014	22/04/2015	05/06/2015	Dutch	PDF
Full model	31/12/2013	23/04/2014	21/05/2014	Dutch	PDF

View all 39 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 53 ended

Active mandates

Ann De Raedt

Director · since 23 avril 2025 · until 22 avril 2026

Active

CHENICLEM

Chairman of the board of directors · since 23 avril 2025 · until 22 avril 2026 · 0774.370.695

Represented by Bernard Jolly

Active

CORPAR

Director · since 23 avril 2025 · until 22 avril 2026 · 0882.017.337

Represented by Baudouin Jolly

Active

Didier Baron de Crombrugghe de Looringhe

Director · since 23 avril 2025 · until 22 avril 2026

Active

MarcVH-Consult

Director · since 23 avril 2025 · until 28 avril 2027 · 0500.908.394

Represented by Marcus Van Heddeghem

Active

Natacha Lippens

Director · since 23 avril 2025 · until 22 avril 2026

Active

Paul-Evence Coppée

Director · since 23 avril 2025 · until 22 avril 2026

Active

PL CONSEIL

Director · since 23 avril 2025 · until 22 avril 2026 · 1002.755.415

Represented by Pierre Lebbe

Active

Sonia Baesch

Director · since 23 avril 2025 · until 22 avril 2026

Active

Alain Devos

Director · since 26 avril 2023 · until 28 avril 2027 · 0859.679.227

Represented by Alain Devos

Active

FreeBe

Director · since 26 avril 2023 · until 28 avril 2027 · 0640.791.797

Represented by Sophie Lecloux

Active

HUDICO

Director · since 26 avril 2023 · until 22 avril 2026 · 0457.009.263

Represented by Didier t'Serstevens

Active

Ended mandates

Ann De Raedt

Director · since 19 juin 2024 · until 23 avril 2025

Ended

Sonia Baesch

Director · since 19 juin 2024 · until 23 avril 2025

Ended

CHENICLEM

Chairman of the board of directors · since 24 avril 2024 · until 23 avril 2025 · 0774.370.695

Represented by Bernard Jolly

Ended

CORPAR

Director · since 24 avril 2024 · until 23 avril 2025 · 0882.017.337

Represented by Baudouin Jolly

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other01/07/2026
—
PDF
Mandates12/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2020
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

22/04/2026
reconductionNatacha Lippens — bestuurder
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reconductionCorpar NV — bestuurder
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reconductionPaul-Evence Coppée — bestuurder
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reconductionbaron Didier de Crombrugghe de Looringhe — bestuurder
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reconductionPL Conseil BV — bestuurder
2025
Annual accounts 2025477,2 k €↓
23/04/2025
reconductionbaron Didier de Crombrugghe de Looringhe — bestuurder
23/04/2025
reconductionNatacha Lippens — bestuurder
23/04/2025
reconductionPaul-Evence Coppée — bestuurder
23/04/2025
reconductionSonia Baesch — bestuurder
23/04/2025
reconductionAnn De Raedt — bestuurder
23/04/2025
reconductionMarcus Van Heddeghem — bestuurder
23/04/2025
reconductionSophie Lecloux — bestuurder
23/04/2025
reconductionAlain Devos — bestuurder
23/04/2025
revocationPatricia Laureys — bestuurder
2024
Annual accounts 20244 M €↑
19/06/2024
nominationSonia Baesch — Bestuurder
18/06/2024
nominationAnn De Raedt — Bestuurder
24/04/2024
reconductionMarcus Van Heddeghem — bestuurder
24/04/2024
reconductionGino De Raedt — bestuurder
24/04/2024
reconductionPhilippe Van de Vyvere — bestuurder
24/04/2024
reconductionNatacha Lippens — bestuurder
24/04/2024
reconductionPaul-Evence Coppée — bestuurder
24/04/2024
reconductionBernard Jolly — bestuurder
24/04/2024
reconductionBaudouin Jolly — bestuurder
24/04/2024
reconductionPierre Lebbe — bestuurder
24/04/2024
reconductionPaul Eelen — commissaris
28/01/2024
nominationPierre Lebbe — bestuurder
2023
Annual accounts 2023597,8 k €↓
26/04/2023
reconductionFreeBe BV — Bestuurder
26/04/2023
reconductionPATENCO BV — Bestuurder die een groep aandeelhouders vertegenwoordigt
26/04/2023
reconductionAlain Devos BV — Bestuurder
26/04/2023
reconductionHudico NV — Bestuurder die een groep aandeelhouders vertegenwoordigt
26/04/2023
nominationCHENICLEM SA — Bestuurder die een groep aandeelhouders vertegenwoordigt
2022
Annual accounts 20222,1 M €↓
27/04/2022
reconductionBaron Didier de Crombrugghe de Laoringhe — Bestuurder
27/04/2022
nominationMarcus Van Heddeghem — Bestuurder
2021
Annual accounts 20219 M €↓
2020
Annual accounts 202021 M €↑
2019
Annual accounts 20193,9 M €↑
2018
Annual accounts 2018-109,8 k €↓
2017
Annual accounts 20174,2 M €
24/04/1931
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Compagnie Le Zoute

Overview

What does Compagnie Le Zoute do?

Trend over 9 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline