Zetus
0405.196.516 · rovalta.com · 23/09/2026
ACTIVE
Zetus
Financial year 2025 · closed on 31/12/2025
Net result
-466,4 k €
+29.2% YoY
Gross margin
5,4 M €
-4.0% YoY
Equity
10,5 M €
-5.1% YoY
Workforce
25,9 ETP
+4.0% YoY
Overview
What does Zetus do?
Zetus is a Private limited company incorporated in 1922. Its registered office is in Blankenberge. It employs on average 25,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0405.196.516
Incorporation
02/07/1922
Legal form
Private limited company
Registered office
Hanneusestraat 32 box 2
8370 Blankenberge · FlandreSee on map
8370 Blankenberge · FlandreSee on map
Contributed capital
85 062,62 €
Latest accounts
31/12/2025
Average workforce
25,9 ETP
Joint committees (2)
- 339
- 33901
Signals
Positive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 5,4 M € | -4.0% | 5,7 M € | +4.2% | 5,4 M € | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||||
| EBITDA | 2,5 M € | -3.4% | 2,6 M € | -14.3% | 3 M € | +59.5% | 1,9 M € | +0.9% | 1,9 M € | -7.8% | 2 M € | +1.3% | 2 M € | +12.9% | 1,8 M € | -6.7% | 1,9 M € | +1.0% | 1,9 M € | +10.6% | 1,7 M € | +23.2% | 1,4 M € | -14.3% | 1,6 M € | -2.0% | 1,6 M € | -17.1% | 2 M € | -9.5% | 2,2 M € | +29.9% | 1,7 M € | +14.5% | 1,5 M € |
| Operating result | -278,8 k € | +7.6% | -301,6 k € | -177% | 392,2 k € | -3.7% | 407,2 k € | -30.6% | 587 k € | -5.9% | 623,8 k € | +7.1% | 582,3 k € | +55.9% | 373,6 k € | -36.3% | 586,6 k € | -12.6% | 671,3 k € | +34.7% | 498,2 k € | +52.6% | 326,4 k € | -46.6% | 611,1 k € | -0.1% | 611,5 k € | -33.5% | 919,6 k € | -22.8% | 1,2 M € | +41.8% | 839,7 k € | +28.3% | 654,3 k € |
| Net result | -466,4 k € | +29.2% | -658,5 k € | -748% | -77,7 k € | -38.8% | -56 k € | -172% | 78,2 k € | -23.2% | 101,8 k € | +443% | 18,7 k € | +108% | -230,7 k € | -434% | -43,2 k € | -167% | 64,9 k € | +346% | 14,6 k € | -89.7% | 141 k € | -38.0% | 227,3 k € | -70.2% | 762,4 k € | +675% | 98,4 k € | -93.7% | 1,6 M € | +1838% | -90,2 k € | -337% | -20,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 10,5 M € | -5.1% | 11,1 M € | -7.3% | 12 M € | +32.3% | 9 M € | -1.8% | 9,2 M € | -1.4% | 9,3 M € | -0.1% | 9,3 M € | +1.3% | 9,2 M € | +2.0% | 9 M € | -2.4% | 9,3 M € | -1.2% | 9,4 M € | -1.4% | 9,5 M € | +1.4% | 9,4 M € | -1.7% | 9,6 M € | +6.8% | 8,9 M € | -1.4% | 9,1 M € | +11.5% | 8,1 M € | -2.7% | 8,4 M € |
| Total assets | 136,5 M € | +5.4% | 129,4 M € | +12.8% | 114,8 M € | +87.9% | 61,1 M € | +5.4% | 58 M € | +2.0% | 56,8 M € | +2.9% | 55,2 M € | +0.7% | 54,8 M € | +3.7% | 52,8 M € | -1.4% | 53,6 M € | -3.5% | 55,5 M € | +7.7% | 51,6 M € | +7.4% | 48 M € | +1.8% | 47,2 M € | +0.4% | 47 M € | -1.1% | 47,5 M € | -4.7% | 49,8 M € | +7.2% | 46,5 M € |
| Cash | 1,8 M € | -53.9% | 4 M € | +75.4% | 2,3 M € | +11.0% | 2,1 M € | -7.7% | 2,2 M € | -19.4% | 2,8 M € | -19.5% | 3,4 M € | +26.4% | 2,7 M € | +0.2% | 2,7 M € | +2.2% | 2,6 M € | +37.0% | 1,9 M € | -3.2% | 2 M € | +4.2% | 1,9 M € | +57.5% | 1,2 M € | +159% | 469,9 k € | -5.7% | 498,3 k € | -5.1% | 525 k € | -8.4% | 573,2 k € |
| Debts | 124,5 M € | +6.9% | 116,5 M € | +15.3% | 101 M € | +99.5% | 50,6 M € | +6.9% | 47,4 M € | +3.3% | 45,8 M € | +3.1% | 44,5 M € | +0.3% | 44,3 M € | +4.3% | 42,5 M € | -1.1% | 42,9 M € | -4.2% | 44,8 M € | +9.5% | 40,9 M € | +9.2% | 37,5 M € | +2.9% | 36,4 M € | -1.1% | 36,8 M € | -1.2% | 37,3 M € | -8.9% | 40,9 M € | +9.7% | 37,3 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 25,9 ETP | +4.0% | 24,9 ETP | +31.1% | 19,0 ETP | +109% | 9,1 ETP | -4.2% | 9,5 ETP | +1.1% | 9,4 ETP | +9.3% | 8,6 ETP | +4.9% | 8,2 ETP | 0.0% | 8,2 ETP | 0.0% | 8,2 ETP | -1.2% | 8,3 ETP | -1.2% | 8,4 ETP | -1.2% | 8,5 ETP | 0.0% | 8,5 ETP | -7.6% | 9,2 ETP | -3.2% | 9,5 ETP | -11.2% | 10,7 ETP | +4.9% | 10,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 15 active · 112 ended
Active mandates
Thomas Dobbels
ActiveFabienne Maes
ActivePhilip Konings
ActiveDominique De Rijcker
ActiveFabienne Pottier
ActiveFranky Vanlerberghe
ActiveGiovanni De Vent
ActiveJan De Soete
ActiveLaura Vanneste
ActiveLiesbeth Verhaeghe
ActiveNadia Cloetens
ActiveSarah Slembrouck
ActiveSarah Tack
ActiveMichel VANPARYS
ActiveYves Catteceur
ActiveEnded mandates
Bert De Brabandere
EndedCéline Vannieuwenhuyse
EndedFabienne Maes
EndedGeert Quintens
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Full model | Full model | Full model |
| 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 | 18/05/2026 | 26/08/2025 | 01/07/2024 | 08/05/2023 | 09/05/2022 | 12/05/2021 |
| General meeting | 11/05/2026 | 25/08/2025 | 21/06/2024 | 28/04/2023 | 29/04/2022 | 30/04/2021 |
| 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?
Try for 7 daysFilings
Annual accounts filings
22 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 11/05/2026 | 18/05/2026 | Dutch | |
| Abridged model | 31/12/2024 | 25/08/2025 | 26/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 21/06/2024 | 01/07/2024 | Dutch | |
| Full model | 31/12/2022 | 28/04/2023 | 08/05/2023 | Dutch | |
| Full model | 31/12/2021 | 29/04/2022 | 09/05/2022 | Dutch | |
| Full model | 31/12/2020 | 30/04/2021 | 12/05/2021 | Dutch | |
| Full model | 31/12/2019 | 24/04/2020 | 06/05/2020 | Dutch | |
| Full model | 31/12/2018 | 26/04/2019 | 08/05/2019 | Dutch | |
| Full model | 31/12/2017 | 27/04/2018 | 09/05/2018 | Dutch | |
| Full modelCorrection | 31/12/2016 | 28/04/2017 | 19/04/2018 | Dutch | |
| Full model | 31/12/2016 | 28/04/2017 | 04/05/2017 | Dutch | |
| Full model | 31/12/2015 | 29/04/2016 | 09/05/2016 | Dutch | |
| Full model | 31/12/2014 | 24/04/2015 | 29/04/2015 | Dutch | |
| Full model | 31/12/2013 | 25/04/2014 | 28/04/2014 | Dutch | |
| Full model | 31/12/2012 | 26/04/2013 | 06/05/2013 | Dutch | |
| Full model | 31/12/2011 | 29/04/2012 | 02/05/2012 | Dutch | |
| Full model | 31/12/2010 | 29/04/2011 | 04/05/2011 | Dutch | |
| Full model | 31/12/2009 | 25/04/2010 | 03/05/2010 | Dutch | |
| Full model | 31/12/2008 | 26/04/2009 | 13/08/2009 | Dutch | |
| Full model | 31/12/2007 | 27/04/2008 | 06/05/2008 | Dutch | |
| Full modelCorrection | 31/12/2006 | 29/04/2007 | 24/07/2007 | Dutch | |
| Full model | 31/12/2006 | 29/04/2007 | 29/05/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 15 active · 112 ended
Active mandates
Thomas Dobbels
ActiveFabienne Maes
ActivePhilip Konings
ActiveDominique De Rijcker
ActiveFabienne Pottier
ActiveFranky Vanlerberghe
ActiveGiovanni De Vent
ActiveJan De Soete
ActiveLaura Vanneste
ActiveLiesbeth Verhaeghe
ActiveNadia Cloetens
ActiveSarah Slembrouck
ActiveSarah Tack
ActiveMichel VANPARYS
ActiveYves Catteceur
ActiveEnded mandates
Bert De Brabandere
EndedCéline Vannieuwenhuyse
EndedFabienne Maes
EndedGeert Quintens
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates19/06/2026ONTSLAGEN - BENOEMINGEN
- Mandates10/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates30/07/2025ONTSLAGEN - BENOEMINGEN
- Mandates12/06/2025ONTSLAGEN - BENOEMINGEN
- Mandates01/08/2023KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Restructuring12/07/2023BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring31/05/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring05/05/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 11/05/2026reconductionNV CALLENS VANDELANOTTE — commissaris
- 2025Annual accounts 2025-466,4 k €↑
- 25/08/2025nominationThomas Dobbels — bestuurder
- 25/08/2025nominationKatelijne Van Vlaenderen — bestuurder
- 20/02/2025nominationDominique De Rijcker — bestuurder
- 20/02/2025nominationGiovanni De Vent — bestuurder
- 20/02/2025nominationFabienne Pottier — bestuurder
- 20/02/2025nominationSarah Slembrouck — bestuurder
- 20/02/2025nominationSarah Tack — bestuurder
- 20/02/2025nominationKatelijne Van Vlaenderen — bestuurder
- 20/02/2025nominationFranky Vanlerberghe — bestuurder
- 20/02/2025nominationLaura Vanneste — bestuurder
- 20/02/2025nominationNadia Cloetens — bestuurder
- 20/02/2025nominationLiesbeth Verhaeghe — bestuurder
- 20/02/2025reconductionPhilip Konings — bestuurder
- 20/02/2025reconductionFabienne Maes — bestuurder
- 20/02/2025reconductionMichel Vanparys — bestuurder
- 20/02/2025reconductionYves Catteceur — bestuurder
- 2024Annual accounts 2024-658,5 k €↓
- 2023Annual accounts 2023-77,7 k €↓
- 30/06/2023augmentation_capital
- 09/06/2023split
- 28/04/2023nominationCallens-Vandelanotte — bedrijfsrevisor
- 2023Name changeZETUS BV
- 2022Annual accounts 2022-56 k €↓
- 2021Annual accounts 202178,2 k €↓
- 2021Name changeHET LINDENHOF
- 2020Annual accounts 2020101,8 k €↑
- 2019Annual accounts 201918,7 k €↑
- 2018Annual accounts 2018-230,7 k €↓
- 2017Annual accounts 2017-43,2 k €↓
- 2016Annual accounts 201664,9 k €↑
- 2015Annual accounts 201514,6 k €↓
- 2014Annual accounts 2014141 k €↓
- 2013Annual accounts 2013227,3 k €↓
- 2012Annual accounts 2012762,4 k €↑
- 2011Annual accounts 201198,4 k €↓
- 2010Annual accounts 20101,6 M €↑
- 2009Annual accounts 2009-90,2 k €↓
- 2008Annual accounts 2008-20,6 k €
- 02/07/1922IncorporationPrivate limited company