ACTIVE

ZUKO

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

-41,1 k €

-335.1% YoY

Gross margin

-31,4 k €

-155.7% YoY

Equity

-28,7 k €

-330.2% YoY

What does ZUKO do?

ZUKO is a Public limited company incorporated in 1993. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Grez-Doiceau.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.815.022

Incorporation

15/09/1993

Legal form

Public limited company

Registered office

Av.Cte Jean Dumonceau 23
1390 Grez-Doiceau · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Contacts

4 public details availableLog in to view

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 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	-31,4 k €	-156%	56,4 k €	-19.8%	70,3 k €	+403%	14 k €	-54.0%	30,4 k €	+40.0%	21,7 k €	-33.2%	32,4 k €	-9.8%	36 k €	-45.1%	65,5 k €	+106%	31,8 k €	-7.6%	34,4 k €	+51.0%	22,8 k €	+213%	-20,1 k €	-2688%	778,5 €	-92.2%	10 k €	-76.2%	41,9 k €	+26.8%	33 k €
EBITDA	-32,2 k €	-214%	28,2 k €	+35.6%	20,8 k €	+339%	-8,7 k €	-131%	28,2 k €	+319%	-12,9 k €	+60.1%	-32,3 k €	-1348%	-2,2 k €	-114%	16 k €	+790%	-2,3 k €	-113%	18,3 k €	+11.9%	16,4 k €	+180%	-20,6 k €	-119832%	17,2 €	-99.5%	3,8 k €	-57.7%	8,9 k €	+10.9%	8 k €
Operating result	-40,2 k €	-299%	20,2 k €	+6.1%	19,1 k €	+308%	-9,2 k €	-136%	25,1 k €	+218%	-21,2 k €	+51.1%	-43,4 k €	-352%	-9,6 k €	-293%	5 k €	+142%	-11,9 k €	-182%	14,4 k €	+15.5%	12,5 k €	+149%	-25,6 k €	-401%	-5,1 k €	-143%	-2,1 k €	-412%	675 €	+148%	272 €
Net result	-41,1 k €	-335%	17,5 k €	+19.9%	14,6 k €	+214%	-12,8 k €	-155%	23,4 k €	+202%	-23 k €	+48.6%	-44,8 k €	-339%	-10,2 k €	-363%	3,9 k €	+136%	-10,8 k €	-178%	13,7 k €	+21.8%	11,2 k €	+141%	-27,1 k €	-437%	-5,1 k €	-284%	-1,3 k €	-703%	218 €	+938%	21 €
Balance sheet
Equity	-28,7 k €	-330%	12,5 k €	+347%	-5 k €	+74.3%	-19,6 k €	-187%	-6,8 k €	+78.1%	-31,3 k €	-278%	-8,3 k €	-123%	36,5 k €	-21.8%	46,7 k €	+9.1%	42,8 k €	-20.1%	53,6 k €	+7.4%	49,8 k €	+29.1%	38,6 k €	-41.3%	65,7 k €	-7.1%	70,8 k €	-1.8%	72,1 k €	+0.3%	71,9 k €
Total assets	90,5 k €	-39.1%	148,6 k €	+3.5%	143,7 k €	+7.8%	133,3 k €	-12.0%	151,5 k €	+166%	56,9 k €	-36.0%	88,9 k €	+8.4%	82 k €	-40.6%	138 k €	+42.2%	97,1 k €	-27.5%	133,9 k €	+24.7%	107,4 k €	+8.9%	98,6 k €	-19.4%	122,3 k €	+11.9%	109,3 k €	-31.9%	160,5 k €	+2.9%	155,9 k €
Cash	13 k €	-52.8%	27,4 k €	+38.7%	19,8 k €	-64.4%	55,6 k €	-47.2%	105,4 k €	+2133%	4,7 k €		–		–		13,8 k €	+60.9%	8,6 k €	-69.7%	28,4 k €	+43.5%	19,8 k €	+126%	8,8 k €		–		22,5 k €	+625%	3,1 k €	+267%	845 €
Debts	119,2 k €	-8.6%	130,4 k €	-12.3%	148,7 k €	-2.7%	152,9 k €	-3.4%	158,3 k €	+81.6%	87,2 k €	-8.3%	95,1 k €	+115%	44,3 k €	-45.2%	80,8 k €	+48.8%	54,3 k €	-32.4%	80,3 k €	+39.6%	57,5 k €	-4.1%	60 k €	+6.1%	56,5 k €	+46.8%	38,5 k €	-56.4%	88,4 k €	+24.0%	71,3 k €
Other
Workforce	–		–		1,0 ETP		–		0,0 ETP	-100%	1,9 ETP	0.0%	1,9 ETP		–		–		2,2 ETP	+214%	0,7 ETP	+133%	0,3 ETP		–		–		0,1 ETP	-92.9%	1,4 ETP	+40.0%	1,0 ETP

Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 8 ended

Active mandates

HYDRO-R&D International

Director · since 27 février 2020 · until 27 février 2025 · 0892.595.483

Active

ERIC VANDENBORRE

Managing director · since 01 juillet 2019

Active

HYDRO-R&D International

Director · since 27 février 2014 · until 27 février 2020 · 0892.595.483

Represented by ERIC VANDEN BORRE

Active

AQUA NOVE

Director · 0678.740.078

Active

MARC GROSJEAN

Mandate

Active

Ended mandates

Carlos VANDERNOOT

Director · since 01 juillet 2019

Ended

CARLOS VANDERNOOT

Managing director · since 02 septembre 2013 · until 02 septembre 2019

Ended

JEAN-MARIE BOURGEOIS

Director · since 02 septembre 2013 · until 27 février 2014

Ended

CARLOS VANDERNOOT

Director · until 30 juin 2019

Ended

At this address

Other companies at this address

Company	CBE no.
Association des Copropriétaires de la Résidence avenue Comte Dumonceau 23 à Grez Doiceau● Active	0666.759.687
CASH-TECH● Active	0759.830.791
EUREKA CONFORT BELGIUM● Active	0874.153.211
FIGIS● Active	0736.471.015
HYDRO-R&D International● Active	0892.595.483
PAGE22● Active	0749.690.729
WOOD PASSION● Bankrupt	0849.996.053

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Micro model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	30/04/2025	30/04/2024	26/04/2023	29/04/2022	30/03/2021
General meeting	27/04/2026	28/04/2025	26/04/2024	26/04/2023	20/04/2022	11/02/2021
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 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	27/04/2026	29/04/2026	French	PDF
Micro model	30/09/2024	28/04/2025	30/04/2025	French	PDF
Abridged model	30/09/2023	26/04/2024	30/04/2024	French	PDF
Micro model	30/09/2022	26/04/2023	26/04/2023	French	PDF
Abridged model	30/09/2021	20/04/2022	29/04/2022	French	PDF
Abridged model	30/09/2020	11/02/2021	30/03/2021	French	PDF
Abridged model	30/09/2019	24/02/2020	15/05/2020	French	PDF
Micro model	30/09/2018	22/02/2019	26/03/2019	French	PDF
Micro model	30/09/2017	22/02/2018	28/03/2018	French	PDF
Abridged model	30/09/2016	23/02/2017	24/03/2017	French	PDF
Abridged model	30/09/2015	18/02/2016	29/03/2016	French	PDF
Abridged model	30/09/2014	22/02/2015	31/03/2015	French	PDF
Abridged model	30/09/2013	27/02/2014	13/03/2014	French	PDF
Abridged model	30/09/2012	01/02/2013	26/03/2013	French	PDF
Abridged model	30/09/2011	01/03/2012	02/04/2012	French	PDF
Abridged model	30/09/2010	03/03/2011	30/03/2011	French	PDF
Abridged model	30/09/2009	18/02/2010	19/03/2010	French	PDF
Abridged model	30/09/2008	13/02/2009	23/02/2009	French	PDF
Abridged model	30/09/2007	15/02/2008	17/03/2008	French	PDF
Abridged model	30/09/2006	16/02/2007	19/03/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 8 ended

Active mandates

HYDRO-R&D International

Director · since 27 février 2020 · until 27 février 2025 · 0892.595.483

Active

ERIC VANDENBORRE

Managing director · since 01 juillet 2019

Active

HYDRO-R&D International

Director · since 27 février 2014 · until 27 février 2020 · 0892.595.483

Represented by ERIC VANDEN BORRE

Active

AQUA NOVE

Director · 0678.740.078

Active

MARC GROSJEAN

Mandate

Active

Ended mandates

Carlos VANDERNOOT

Director · since 01 juillet 2019

Ended

CARLOS VANDERNOOT

Managing director · since 02 septembre 2013 · until 02 septembre 2019

Ended

JEAN-MARIE BOURGEOIS

Director · since 02 septembre 2013 · until 27 février 2014

Ended

CARLOS VANDERNOOT

Director · until 30 juin 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-41,1 k €↓
2024
Annual accounts 202417,5 k €↑
2023
Annual accounts 202314,6 k €↑
2022
Annual accounts 2022-12,8 k €↓
2021
Annual accounts 202123,4 k €↑
2020
Annual accounts 2020-23 k €↑
2019
Annual accounts 2019-44,8 k €↓
2018
Annual accounts 2018-10,2 k €↓
2017
Annual accounts 20173,9 k €↑
2016
Annual accounts 2016-10,8 k €↓
2015
Annual accounts 201513,7 k €↑
2014
Annual accounts 201411,2 k €↑
2013
Annual accounts 2013-27,1 k €↓
2012
Annual accounts 2012-5,1 k €↓
2011
Annual accounts 2011-1,3 k €↓
2010
Annual accounts 2010218 €↑
2009
Annual accounts 200921 €
15/09/1993
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

ZUKO

Overview

What does ZUKO do?

Trend over 17 financial years

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

Similar companies

Similar companies

Timeline