ACTIVE

ZETES INDUSTRIES

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Financial year 2026 · closed on 31/03/2026
Net result
7,9 M €
+0.5% YoY
Revenue
10,3 M €
+2.7% YoY
Equity
65,9 M €
+0.1% YoY
Workforce
30,1 ETP
+11.1% YoY

What does ZETES INDUSTRIES do?

ZETES INDUSTRIES is a Public limited company incorporated in 1984. Its main activity is: Activities of holding companies. Its registered office is in Bruxelles. It employs on average 30,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0425.609.373
Incorporation
26/03/1984
Legal form
Public limited company
Registered office
Rue de Strasbourg 3
1130 Bruxelles · BruxellesSee on map
Contributed capital
51 714 538,51 €
Latest accounts
31/03/2026
Average workforce
30,1 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70100Activities of head offices70100Activities of head offices74151Specialised design activities46500Wholesale of information and communication equipment+3
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202620252024202320222021202020192018201620152012201120072006
Income statement
Revenue10,3 M €10,1 M €9,4 M €9,7 M €8,9 M €8,3 M €8 M €8,9 M €11,5 M €7,3 M €7,4 M €5,4 M €6,5 M €3,7 M €3,9 M €
EBITDA1,7 M €2 M €2,3 M €2,1 M €2,1 M €2,3 M €1,8 M €2,4 M €-198 k €1,4 M €1,9 M €786,2 k €1,4 M €-211,9 k €286,4 k €
Operating result1,7 M €1,9 M €2,2 M €2 M €2 M €2,3 M €1,5 M €2,3 M €-384,7 k €1,3 M €1,7 M €650,7 k €1,3 M €-1,1 M €-598,4 k €
Net result7,9 M €7,9 M €10,4 M €5,9 M €5,3 M €5,3 M €6,4 M €8 M €4,8 M €8,2 M €4,8 M €1,1 M €2 M €754 k €941,3 k €
Balance sheet
Equity65,9 M €65,9 M €67,5 M €57,1 M €60,9 M €63,3 M €62,7 M €61,2 M €59,8 M €63,9 M €60 M €60,3 M €61,2 M €66,1 M €67,3 M €
Total assets78,1 M €80,1 M €71,6 M €69,7 M €70,9 M €69,9 M €69,4 M €70,1 M €69,5 M €67,7 M €67,2 M €64,3 M €66,6 M €73,1 M €71,2 M €
Cash1,6 M €858,3 k €1,7 M €3,4 M €3,5 M €678,3 k €698,6 k €2,1 M €5,6 M €839 k €1,6 M €134,6 k €491 k €388,3 k €133,1 k €
Debts11,8 M €13,8 M €3,7 M €12,1 M €9,7 M €6,3 M €6,3 M €8,4 M €9,2 M €3,7 M €7 M €3,9 M €5,4 M €7 M €3,7 M €
Other
Workforce30,1 ETP27,1 ETP25,0 ETP26,6 ETP27,9 ETP27,7 ETP27,1 ETP27,1 ETP24,9 ETP22,9 ETP23,6 ETP22,0 ETP24,0 ETP21,6 ETP16,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 7 active · 84 ended

Active mandates

TAKESHI NISHIKAWA

Director · since 18 juin 2026 · until 18 juin 2031

Active
PIERRE LAMBERT

Director · since 18 juin 2025 · until 18 juin 2031

Active
RONNY DEPOORTERE

Director · since 18 juin 2025 · until 18 juin 2031

Active
SATOSHI MIZOBATA

Director · since 18 juin 2025 · until 18 juin 2031

Active
TIAGO CONCEICAO

Director · since 18 juin 2025 · until 18 juin 2031

Active
YASUYUKI HIGUCHI

Director · since 18 juin 2025 · until 18 juin 2031

Active
YUTAKA TAMADA

Director · since 18 juin 2025 · until 18 juin 2031

Active

Ended mandates

SATOSHI MIZOBATA

Director · since 17 mars 2021 · until 19 juin 2024

Ended
TAKESHI NISHIKAWA

Director · since 01 octobre 2020 · until 15 juin 2023

Ended
TAKESHI NISHIKAWA

Director · since 01 octobre 2020 · until 21 juin 2023

Ended
HIROAKI SAKAMOTO

Director · since 17 juin 2020 · until 15 juin 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
RUISBROEK● Active
0828.148.980
ZEPHIR CORPORATION● Active
0463.544.093
ZETES● Active
0408.425.626
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 date16/07/202621/09/202507/08/202430/08/202310/08/202219/07/2021
General meeting24/06/202618/06/202519/06/202421/06/202315/06/202216/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

33 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202624/06/202616/07/2026FrenchPDF
Full model31/03/202518/06/202521/09/2025FrenchPDF
Full model31/03/202419/06/202407/08/2024FrenchPDF
Full model31/03/202321/06/202330/08/2023FrenchPDF
Full model31/03/202215/06/202210/08/2022FrenchPDF
Full model31/03/202116/06/202119/07/2021FrenchPDF
Full model31/03/202017/06/202027/07/2020FrenchPDF
Full model31/03/201911/06/201910/07/2019FrenchPDF
Full model31/03/201825/06/201809/07/2018FrenchPDF
Full model31/12/201627/05/201721/06/2017FrenchPDF
Consolidated accounts31/12/201631/05/201719/06/2017FrenchPDF
Full model31/12/201525/05/201622/06/2016FrenchPDF
Consolidated accounts31/12/201525/05/201616/06/2016FrenchPDF
Full model31/12/201427/05/201530/06/2015FrenchPDF
Consolidated accounts31/12/201427/05/201502/07/2015FrenchPDF
Full modelCorrection31/12/201328/05/201406/03/2015FrenchPDF
Full model31/12/201328/05/201430/06/2014FrenchPDF
Consolidated accounts31/12/201328/05/201430/06/2014FrenchPDF
Full modelCorrection31/12/201229/05/201328/02/2014FrenchPDF
Full model31/12/201229/05/201327/06/2013FrenchPDF
Consolidated accounts31/12/201229/05/201327/06/2013FrenchPDF
Full model31/12/201130/05/201229/06/2012FrenchPDF
Consolidated accounts31/12/201130/05/201228/06/2012FrenchPDF
Full model31/12/201025/05/201121/06/2011FrenchPDF

View all 33 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 7 active · 84 ended

Active mandates

TAKESHI NISHIKAWA

Director · since 18 juin 2026 · until 18 juin 2031

Active
PIERRE LAMBERT

Director · since 18 juin 2025 · until 18 juin 2031

Active
RONNY DEPOORTERE

Director · since 18 juin 2025 · until 18 juin 2031

Active
SATOSHI MIZOBATA

Director · since 18 juin 2025 · until 18 juin 2031

Active
TIAGO CONCEICAO

Director · since 18 juin 2025 · until 18 juin 2031

Active
YASUYUKI HIGUCHI

Director · since 18 juin 2025 · until 18 juin 2031

Active
YUTAKA TAMADA

Director · since 18 juin 2025 · until 18 juin 2031

Active

Ended mandates

SATOSHI MIZOBATA

Director · since 17 mars 2021 · until 19 juin 2024

Ended
TAKESHI NISHIKAWA

Director · since 01 octobre 2020 · until 15 juin 2023

Ended
TAKESHI NISHIKAWA

Director · since 01 octobre 2020 · until 21 juin 2023

Ended
HIROAKI SAKAMOTO

Director · since 17 juin 2020 · until 15 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/04/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/12/2020
    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 20267,9 M €↑
  2. 18/06/2025
    nominationTiago Conceiçao — administrateur
  3. 2025
    Annual accounts 20257,9 M €↓
  4. 19/06/2024
    reconductionThomas Ghigny — Commissaire
  5. 19/06/2024
    reconductionSatoshi MIZOBATA — administrateur
  6. 2024
    Annual accounts 202410,4 M €↑
  7. 21/06/2023
    nominationYasuyuki Higuchi — administrateur
  8. 21/06/2023
    nominationYutaka Tamada — administrateur
  9. 21/06/2023
    reconductionTakeshi Nishikawa — administrateur
  10. 2023
    Annual accounts 20235,9 M €↑
  11. 15/06/2022
    reconductionPierre LAMBERT — administrateur
  12. 15/06/2022
    reconductionSatoshi MIZOBATA — administrateur
  13. 15/06/2022
    reconductionJuan-José MARTINEZ SABORIDO — administrateur
  14. 15/06/2022
    reconductionRonny DEPOORTERE — administrateur
  15. 15/06/2022
    reconductionHiroaki SAKAMOTO — administrateur
  16. 15/06/2022
    reconductionHiroyuki NISHIUMA — administrateur
  17. 15/06/2022
    reconductionTakeshi NISHIKAWA — administrateur
  18. 01/04/2022
    nominationRonny DEPOORTERE — administrateur
  19. 2022
    Annual accounts 20225,3 M €↑
  20. 01/03/2022
    nominationRonny Depoortere — administrateur
  21. 01/03/2022
    nominationSatoshi Mizobata — administrateur-délégué
  22. 2021
    Annual accounts 20215,3 M €↓
  23. 2020
    Annual accounts 20206,4 M €↓
  24. 2019
    Annual accounts 20198 M €↑
  25. 2018
    Annual accounts 20184,8 M €↓
  26. 2016
    Annual accounts 20168,2 M €↑
  27. 2015
    Annual accounts 20154,8 M €↑
  28. 2012
    Annual accounts 20121,1 M €↓
  29. 2011
    Annual accounts 20112 M €↑
  30. 2007
    Annual accounts 2007754 k €↓
  31. 2006
    Annual accounts 2006941,3 k €
  32. 26/03/1984
    IncorporationPublic limited company