ACTIVE

ZETES

Export PDF
Financial year 2026 · closed on 31/03/2026
Net result
8,2 M €
+21.1% YoY
Revenue
115 M €
+8.0% YoY
Equity
43,3 M €
+6.2% YoY
Workforce
368,1 ETP
+3.0% YoY

What does ZETES do?

ZETES is a Public limited company incorporated in 1971. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Bruxelles. It employs on average 368,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0408.425.626
Incorporation
03/08/1971
Legal form
Public limited company
Registered office
Rue de Strasbourg 3
1130 Bruxelles · BruxellesSee on map
Contributed capital
18 448 849,82 €
Latest accounts
31/03/2026
Average workforce
368,1 ETP
Activities (NACE)
46500Wholesale of information and communication equipment· main46660Wholesale of other office machinery and equipment51850Air transport18120Other printing18120Other printing28990Manufacture of other special-purpose machinery n.e.c.+5
Joint committees (4)
  • 100
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2026202520242023202220212020201920182016201520072006
Income statement
Revenue115 M €106,5 M €100,8 M €86,1 M €74,3 M €71,7 M €76,9 M €88,1 M €101,1 M €79,4 M €76,9 M €50,7 M €48,9 M €
EBITDA13,7 M €9,4 M €10,6 M €6,1 M €4,8 M €3,2 M €2,4 M €7,1 M €13,9 M €12,2 M €11,7 M €3,8 M €-158,4 k €
Operating result8,3 M €4,5 M €5,2 M €480,7 k €-246,7 k €-1,2 M €-1,3 M €3,6 M €9,8 M €8,8 M €8,7 M €1,5 M €-590,9 k €
Net result8,2 M €6,8 M €12,6 M €2,2 M €867 k €1,1 M €-1 M €3 M €7,1 M €6,8 M €5,5 M €29 k €-1,6 M €
Balance sheet
Equity43,3 M €40,8 M €38,2 M €18 M €19,9 M €19 M €18 M €19 M €18,4 M €17,1 M €12,3 M €431,3 k €402,3 k €
Total assets86,2 M €86,5 M €80,1 M €84,1 M €71,7 M €73,7 M €76,3 M €78,4 M €76,8 M €70,3 M €68,6 M €44,6 M €39 M €
Cash7 M €3,5 M €4,9 M €4,7 M €3 M €1,9 M €1,5 M €4,6 M €3,1 M €932,7 k €4,1 M €2 M €312,8 k €
Debts32,8 M €35,7 M €31,9 M €56,7 M €44,1 M €47,8 M €51,8 M €52,5 M €52,9 M €49,2 M €52,1 M €42,1 M €36,7 M €
Other
Workforce368,1 ETP357,5 ETP312,8 ETP300,3 ETP297,2 ETP288,6 ETP284,9 ETP287,5 ETP290,1 ETP289,9 ETP287,2 ETP183,2 ETP99,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 3 active · 23 ended

Active mandates

Pierre LAMBERT

Director · since 17 juin 2025 · until 11 juin 2031

Active
Ronny DEPOORTERE

Director · since 17 juin 2025 · until 11 juin 2031

Active
ZETES INDUSTRIES

Director · since 17 juin 2025 · until 11 juin 2031 · 0425.609.373

Represented by MIZOBATA SATOSHI

Active

Ended mandates

ZETES INDUSTRIES

Director · since 20 juin 2023 · until 13 juin 2029 · 0425.609.373

Represented by MIZOBATA SATOSHI

Ended
Pierre LAMBERT

Director · since 14 juin 2022 · until 10 juin 2025

Ended
Ronny DEPOORTERE

Director · since 01 mars 2022 · until 10 juin 2025

Ended
Alain WIRTZ

Director · since 16 juin 2020 · until 28 février 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
RUISBROEK● Active
0828.148.980
ZEPHIR CORPORATION● Active
0463.544.093
ZETES INDUSTRIES● Active
0425.609.373
ZETES SA/GEMALTO OY-SOCIETE MOMENTANEE● Active
0552.809.235
ZETES TECHNOLOGIES● Active
0447.856.423
ZETES-THALES● Active
1007.989.158
Annual accounts

Full financial information

202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202621/09/202507/08/202430/08/202310/08/202219/07/2021
General meeting16/06/202617/06/202518/06/202420/06/202314/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202616/06/202613/07/2026FrenchPDF
Full model31/03/202517/06/202521/09/2025FrenchPDF
Full model31/03/202418/06/202407/08/2024FrenchPDF
Full model31/03/202320/06/202330/08/2023FrenchPDF
Full model31/03/202214/06/202210/08/2022FrenchPDF
Full model31/03/202115/06/202119/07/2021FrenchPDF
Full model31/03/202016/06/202027/07/2020FrenchPDF
Full model31/03/201911/06/201910/07/2019FrenchPDF
Full model31/03/201815/06/201809/07/2018FrenchPDF
Full model31/12/201616/06/201721/06/2017FrenchPDF
Full model31/12/201530/05/201621/06/2016FrenchPDF
Full model31/12/201426/05/201526/06/2015FrenchPDF
Full modelCorrection31/12/201327/05/201405/03/2015FrenchPDF
Full model31/12/201327/05/201427/06/2014FrenchPDF
Full model31/12/201221/05/201327/06/2013FrenchPDF
Full model31/12/201129/05/201228/06/2012FrenchPDF
Full model31/12/201024/05/201121/06/2011FrenchPDF
Full model31/12/200917/05/201030/06/2010FrenchPDF
Full model31/12/200808/05/200909/06/2009FrenchPDF
Full model31/12/200727/05/200827/06/2008FrenchPDF
Full model31/12/200629/05/200727/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 31/03/2026 · 3 active · 23 ended

Active mandates

Pierre LAMBERT

Director · since 17 juin 2025 · until 11 juin 2031

Active
Ronny DEPOORTERE

Director · since 17 juin 2025 · until 11 juin 2031

Active
ZETES INDUSTRIES

Director · since 17 juin 2025 · until 11 juin 2031 · 0425.609.373

Represented by MIZOBATA SATOSHI

Active

Ended mandates

ZETES INDUSTRIES

Director · since 20 juin 2023 · until 13 juin 2029 · 0425.609.373

Represented by MIZOBATA SATOSHI

Ended
Pierre LAMBERT

Director · since 14 juin 2022 · until 10 juin 2025

Ended
Ronny DEPOORTERE

Director · since 01 mars 2022 · until 10 juin 2025

Ended
Alain WIRTZ

Director · since 16 juin 2020 · until 28 février 2022

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/08/2026
    Nomination - Démission d'administrateur et administrateur-délégué
    PDF
  • Mandates06/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring18/08/2023
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring18/08/2023
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring19/06/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates30/05/2023
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2026
    Annual accounts 20268,2 M €↑
  2. 17/06/2025
    reconductionPierre Lambert — administrateur
  3. 17/06/2025
    reconductionRonny Depoortere — administrateur
  4. 17/06/2025
    reconductionSatoshi Mizobata — administrateur (représentant Zetes Industries SA/NV)
  5. 17/06/2025
    reconductionThomas Ghigny — Commissaire Réviseur (représentant RSM)
  6. 2025
    Annual accounts 20256,8 M €↓
  7. 2024
    Annual accounts 202412,6 M €↑
  8. 20/06/2023
    reconductionZetes Industries — administrateur
  9. 01/04/2023
    autre
  10. 2023
    Annual accounts 20232,2 M €↑
  11. 28/10/2022
    autre
  12. 15/06/2022
    reconductionGert Van Leemput — Commissaire Reviseur
  13. 14/06/2022
    reconductionPierre Lambert — administrateur
  14. 2022
    Annual accounts 2022867 k €↓
  15. 01/03/2022
    nominationRonny Depoortere — administrateur
  16. 01/03/2022
    nominationRonny Depoortere — administrateur-délégué
  17. 31/03/2021
    nominationSatoshi Mizobata — représentant permanent du mandat d'administrateur
  18. 2021
    Annual accounts 20211,1 M €↑
  19. 2020
    Annual accounts 2020-1 M €↓
  20. 2019
    Annual accounts 20193 M €↓
  21. 2018
    Annual accounts 20187,1 M €↑
  22. 2016
    Annual accounts 20166,8 M €↑
  23. 2015
    Annual accounts 20155,5 M €↑
  24. 2007
    Annual accounts 200729 k €↑
  25. 2006
    Annual accounts 2006-1,6 M €
  26. 03/08/1971
    IncorporationPublic limited company