ZINACOR
0462.156.795 · rovalta.com · 24/09/2026
ACTIVE
ZINACOR
Financial year 2025 · closed on 30/09/2025
Net result
2,2 M €
+135.7% YoY
Revenue
31,6 M €
+5.7% YoY
Equity
5,1 M €
+16.4% YoY
Workforce
32,7 ETP
-11.4% YoY
Overview
What does ZINACOR do?
ZINACOR is a Public limited company incorporated in 1997. Its main activity is: Lead, zinc and tin production. Its registered office is in Liège. It employs on average 32,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0462.156.795
Incorporation
23/12/1997
Legal form
Public limited company
Registered office
Rue de Chênée 53
4031 Liège · WallonieSee on map
4031 Liège · WallonieSee on map
Contributed capital
2 500 000,00 €
Latest accounts
30/09/2025
Average workforce
32,7 ETP
Activities (NACE)
Joint committees (2)
- 105
- 224
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 31,6 M € | +5.7% | 29,9 M € | -6.1% | 31,8 M € | -10.2% | 35,5 M € | +21.2% | 29,3 M € | +48.8% | 19,7 M € | -17.0% | 23,7 M € | -1.8% | 24,1 M € | -1.7% | 24,6 M € | +32.8% | 18,5 M € | -7.6% | 20 M € | +15.2% | 17,4 M € | -2.2% | 17,8 M € | +6.0% | 16,8 M € | -11.9% | 19 M € | +1.1% | 18,8 M € | +32.0% | 14,3 M € | -34.9% | 21,9 M € | -31.8% | 32,1 M € |
| EBITDA | 4,1 M € | +2.2% | 4,1 M € | +60.7% | 2,5 M € | -15.2% | 3 M € | +24.0% | 2,4 M € | +46.0% | 1,6 M € | +41.4% | 1,2 M € | +0.1% | 1,2 M € | -45.8% | 2,1 M € | +5.4% | 2 M € | +19.1% | 1,7 M € | -8.9% | 1,9 M € | +1.8% | 1,8 M € | -3.7% | 1,9 M € | -18.0% | 2,3 M € | -8.1% | 2,5 M € | -3.6% | 2,6 M € | -3.7% | 2,7 M € | -10.7% | 3,1 M € |
| Operating result | 3,4 M € | +9.6% | 3,1 M € | +56.5% | 2 M € | -20.9% | 2,5 M € | +32.9% | 1,9 M € | +60.9% | 1,2 M € | +63.6% | 706,1 k € | -2.9% | 727,4 k € | -58.7% | 1,8 M € | +2.0% | 1,7 M € | +20.9% | 1,4 M € | -11.8% | 1,6 M € | +2.1% | 1,6 M € | +48.9% | 1,1 M € | -27.4% | 1,5 M € | -9.8% | 1,6 M € | -4.9% | 1,7 M € | -5.5% | 1,8 M € | -3.1% | 1,9 M € |
| Net result | 2,2 M € | +136% | 942,4 k € | +200% | 313,9 k € | -82.2% | 1,8 M € | +52.5% | 1,2 M € | +58.0% | 730,3 k € | +65.2% | 442 k € | +0.7% | 438,9 k € | -61.5% | 1,1 M € | +2.1% | 1,1 M € | +16.8% | 957,4 k € | -14.1% | 1,1 M € | +4.6% | 1,1 M € | +48.7% | 716,6 k € | -26.9% | 980,2 k € | -6.8% | 1,1 M € | +2.0% | 1 M € | +9.6% | 940,6 k € | -8.3% | 1 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 5,1 M € | +16.4% | 4,4 M € | -11.3% | 5 M € | -12.2% | 5,6 M € | +15.4% | 4,9 M € | +3.1% | 4,7 M € | -5.5% | 5 M € | +9.5% | 4,6 M € | +0.7% | 4,5 M € | -7.4% | 4,9 M € | +2.3% | 4,8 M € | -1.0% | 4,8 M € | +2.3% | 4,7 M € | +1.3% | 4,7 M € | -5.6% | 4,9 M € | -9.8% | 5,5 M € | +11.6% | 4,9 M € | +27.2% | 3,9 M € | +31.6% | 2,9 M € |
| Total assets | 13,6 M € | -4.8% | 14,3 M € | +8.5% | 13,2 M € | +2.7% | 12,9 M € | +19.6% | 10,7 M € | -14.0% | 12,5 M € | +31.3% | 9,5 M € | +13.7% | 8,4 M € | -10.5% | 9,4 M € | +18.9% | 7,9 M € | +8.5% | 7,3 M € | +0.1% | 7,2 M € | -3.9% | 7,5 M € | +13.5% | 6,6 M € | -27.0% | 9,1 M € | -2.5% | 9,3 M € | +6.0% | 8,8 M € | -22.0% | 11,3 M € | -7.9% | 12,2 M € |
| Cash | 487,6 k € | -74.1% | 1,9 M € | +399% | 377,3 k € | -61.3% | 974,3 k € | +43.3% | 680,1 k € | -72.8% | 2,5 M € | +552% | 384 k € | -25.3% | 514,3 k € | +14.7% | 448,5 k € | +22.2% | 367,2 k € | -76.6% | 1,6 M € | +51.8% | 1 M € | -19.6% | 1,3 M € | +305% | 317,8 k € | -81.4% | 1,7 M € | -1.7% | 1,7 M € | +13.3% | 1,5 M € | -20.5% | 1,9 M € | +420% | 372,1 k € |
| Debts | 7,9 M € | -16.8% | 9,5 M € | +17.6% | 8,1 M € | +14.7% | 7 M € | +20.7% | 5,8 M € | -24.3% | 7,7 M € | +72.5% | 4,5 M € | +20.4% | 3,7 M € | -21.6% | 4,7 M € | +64.0% | 2,9 M € | +21.2% | 2,4 M € | +3.6% | 2,3 M € | -15.8% | 2,7 M € | +45.9% | 1,9 M € | -54.1% | 4,1 M € | +8.5% | 3,8 M € | -0.9% | 3,8 M € | -48.2% | 7,3 M € | -19.9% | 9,2 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 32,7 ETP | -11.4% | 36,9 ETP | -3.4% | 38,2 ETP | +4.9% | 36,4 ETP | +12.7% | 32,3 ETP | -3.0% | 33,3 ETP | +14.0% | 29,2 ETP | -5.2% | 30,8 ETP | -3.4% | 31,9 ETP | +1.9% | 31,3 ETP | +0.3% | 31,2 ETP | +7.6% | 29,0 ETP | +7.4% | 27,0 ETP | -11.2% | 30,4 ETP | -1.3% | 30,8 ETP | -1.0% | 31,1 ETP | 0.0% | 31,1 ETP | +15.2% | 27,0 ETP | +6.3% | 25,4 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 14 ended
Active mandates
LOTHAR KONRAD
ActiveEnded mandates
Gabriela GRILLO
EndedLothar KONRAD
EndedUlrich GRILLO
EndedGabriela GRILLO
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0428.964.088 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 28/07/2026 | 21/10/2025 | 13/08/2024 | 14/08/2024 | 31/03/2023 | 27/08/2021 |
| General meeting | 23/02/2026 | 31/03/2025 | 23/02/2024 | 27/03/2023 | 31/03/2022 | 26/02/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 30/09/2025 | 23/02/2026 | 28/07/2026 | French | |
| Full model | 30/09/2024 | 31/03/2025 | 21/10/2025 | French | |
| Full model | 30/09/2023 | 23/02/2024 | 13/08/2024 | French | |
| Full model | 30/09/2022 | 27/03/2023 | 14/08/2024 | French | |
| Full model | 30/09/2021 | 31/03/2022 | 31/03/2023 | French | |
| Full model | 30/09/2020 | 26/02/2021 | 27/08/2021 | French | |
| Full model | 30/09/2019 | 27/02/2020 | 10/03/2021 | French | |
| Full model | 30/09/2018 | 13/02/2019 | 12/03/2019 | French | |
| Full model | 30/09/2017 | 20/02/2018 | 12/03/2018 | French | |
| Full model | 30/09/2016 | 23/02/2017 | 08/03/2017 | French | |
| Full model | 30/09/2015 | 15/02/2016 | 23/02/2016 | French | |
| Full model | 30/09/2014 | 02/02/2015 | 11/02/2015 | French | |
| Full model | 30/09/2013 | 24/02/2014 | 28/03/2014 | French | |
| Full model | 30/09/2012 | 13/02/2013 | 15/03/2013 | French | |
| Full model | 30/09/2011 | 27/02/2012 | 23/03/2012 | French | |
| Full model | 30/09/2010 | 02/03/2011 | 31/03/2011 | French | |
| Full model | 30/09/2009 | 04/02/2010 | 10/03/2010 | French | |
| Full model | 30/09/2008 | 23/02/2009 | 19/03/2009 | French | |
| Full model | 30/09/2007 | 15/02/2008 | 13/03/2008 | French | |
| Full model | 30/09/2006 | 12/02/2007 | 15/03/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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.
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 30/09/2025 · 1 active · 14 ended
Active mandates
LOTHAR KONRAD
ActiveEnded mandates
Gabriela GRILLO
EndedLothar KONRAD
EndedUlrich GRILLO
EndedGabriela GRILLO
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates21/10/2024DEMISSIONS, NOMINATIONS
- Mandates17/10/2024DEMISSIONS, NOMINATIONS
- Mandates03/01/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
- Mandates29/03/2018DEMISSIONS, NOMINATIONS
- Mandates17/06/2016DEMISSIONS, NOMINATIONS
- Mandates30/03/2016DEMISSIONS, NOMINATIONS
- Mandates27/08/2015DEMISSIONS, NOMINATIONS
- Mandates29/07/2014DEMISSIONS, NOMINATIONS
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
- 2025Annual accounts 20252,2 M €↑
- 2024Annual accounts 2024942,4 k €↑
- 2023Annual accounts 2023313,9 k €↓
- 2022Annual accounts 20221,8 M €↑
- 2021Annual accounts 20211,2 M €↑
- 2020Annual accounts 2020730,3 k €↑
- 2019Annual accounts 2019442 k €↑
- 2018Annual accounts 2018438,9 k €↓
- 2017Annual accounts 20171,1 M €↑
- 2016Annual accounts 20161,1 M €↑
- 2015Annual accounts 2015957,4 k €↓
- 2014Annual accounts 20141,1 M €↑
- 2013Annual accounts 20131,1 M €↑
- 2012Annual accounts 2012716,6 k €↓
- 2011Annual accounts 2011980,2 k €↓
- 2010Annual accounts 20101,1 M €↑
- 2009Annual accounts 20091 M €↑
- 2008Annual accounts 2008940,6 k €↓
- 2007Annual accounts 20071 M €
- 23/12/1997IncorporationPublic limited company