NORMAL SITUATION

ZEELSE GROND- EN KABELWERKEN

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Company — Normal situation.

Financial year 2025 · Closed on 30/06/2025

Net result56,1 k €-83,6 %over 1 year
Gross margin2 M €-17,2 %over 1 year
Equity1,4 M €+4,0 %over 1 year
Workforce31,5 ETP+16,7 %over 1 year

Identity

Source · BCE/KBO

ZEELSE GROND- EN KABELWERKEN is a company registered in Belgium. It employs on average 31,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0424.209.803
Legal form
Private limited company
Contributed capital
478 125,00 €
Latest accounts
30/06/2025
Average workforce
31,5 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 48 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin2 M €2,4 M €2,6 M €2,2 M €2 M €
EBITDA378 k €788,5 k €459,2 k €330,7 k €291,5 k €
Operating result162,3 k €548,7 k €155,3 k €91,2 k €111,3 k €
Net result56,1 k €342,3 k €76,9 k €53,4 k €68 k €
Balance sheet
Equity1,4 M €1,4 M €1,1 M €974,1 k €920,8 k €
Total assets5,6 M €7 M €5,7 M €3,1 M €2,9 M €
Cash342,2 k €443,5 k €56,3 k €88,8 k €81,7 k €
Debts4,1 M €5,6 M €4,6 M €2,1 M €2 M €
Other
Workforce31,5 ETP27,0 ETP36,2 ETP36,2 ETP36,5 ETP

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 6 ended

Active mandates

VANHULLE

Bestuurder · since 20 novembre 2023 · 0455.109.350

Represented by Johan Vanhulle

Active

Ended mandates

VANHULLE

Manager · since 01 avril 2012 · 0455.109.350

Represented by Johan Vanhulle

Ended
VANHULLE

Bestuurder · since 01 avril 2012 · 0455.109.350

Represented by Johan Vanhulle

Ended
VANHULLE

Director · since 01 avril 2012 · 0455.109.350

Represented by Johan Vanhulle

Ended
VANHULLE

Manager · since 01 avril 2012 · 0455.109.350

Represented by Johan Vanhulle

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year30/06/202530/09/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year9 months9 months12 months12 months12 months12 months
Filing date29/04/202630/09/202527/11/202517/07/202318/07/202216/07/2021
General meeting27/04/202626/09/202526/09/202516/06/202330/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 48 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202527/04/202629/04/2026DutchPDF
Abridged model30/09/202426/09/202530/09/2025DutchPDF
Abridged modelCorrection31/12/202326/09/202527/11/2025DutchPDF
Abridged model31/12/202321/06/202410/07/2024DutchPDF
Abridged modelCorrection31/12/202216/06/202317/07/2023DutchPDF
Abridged model31/12/202216/06/202319/06/2023DutchPDF
Abridged model31/12/202130/06/202218/07/2022DutchPDF
Abridged model31/12/202018/06/202116/07/2021DutchPDF
Abridged model31/12/201919/06/202024/06/2020DutchPDF
Abridged model31/12/201828/06/201911/07/2019DutchPDF
Abridged model31/12/201715/06/201818/06/2018DutchPDF
Abridged modelCorrection31/12/201630/06/201722/06/2018DutchPDF
Abridged model31/12/201630/06/201727/07/2017DutchPDF
Abridged modelCorrection31/12/201530/06/201623/09/2016DutchPDF
Abridged model31/12/201530/06/201630/08/2016DutchPDF
Abridged model31/03/201430/09/201402/10/2014DutchPDF
Abridged model31/03/201330/09/201331/10/2013DutchPDF
Abridged model31/03/201230/09/201231/10/2012DutchPDF
Abridged model31/03/201129/09/201128/10/2011DutchPDF
Abridged model31/03/201030/09/201029/10/2010DutchPDF
Abridged model31/03/200922/05/200917/06/2009DutchPDF
Abridged model31/03/200823/05/200824/06/2008DutchPDF
Abridged model31/03/200725/05/200720/06/2007DutchPDF
Abridged model31/03/200626/08/200612/09/2006DutchPDF

View all 48 filings

Indicative valuation

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 30/06/2025

1 active · 6 ended

Active mandates

VANHULLE

Bestuurder · since 20 novembre 2023 · 0455.109.350

Represented by Johan Vanhulle

Active

Ended mandates

VANHULLE

Manager · since 01 avril 2012 · 0455.109.350

Represented by Johan Vanhulle

Ended
VANHULLE

Bestuurder · since 01 avril 2012 · 0455.109.350

Represented by Johan Vanhulle

Ended
VANHULLE

Director · since 01 avril 2012 · 0455.109.350

Represented by Johan Vanhulle

Ended
VANHULLE

Manager · since 01 avril 2012 · 0455.109.350

Represented by Johan Vanhulle

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution05/12/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring06/10/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates21/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/04/2015
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares14/04/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/09/2012
    ONTSLAGEN - BENOEMINGEN
    PDF

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202556,1 k €↓
  2. 2024
    Annual accounts 2024342,3 k €↑
  3. 2023
    Annual accounts 202376,9 k €↑
  4. 2022
    Annual accounts 202253,4 k €↓
  5. 2021
    Annual accounts 202168 k €↑
  6. 2017
    Annual accounts 20172,8 k €↑
  7. 2016
    Annual accounts 20161,6 k €↓
  8. 2015
    Annual accounts 201515,1 k €↓
  9. 2014
    Annual accounts 201459,1 k €↓
  10. 2013
    Annual accounts 201387,2 k €↑
  11. 2012
    Annual accounts 201263,2 k €↑
  12. 2011
    Annual accounts 201119,8 k €↓
  13. 2010
    Annual accounts 201037,3 k €↑
  14. 2009
    Annual accounts 20098,5 k €↑
  15. 2008
    Annual accounts 20085,5 k €↓
  16. 2007
    Annual accounts 200748,8 k €