ACTIVE

ZEPHYR INVEST III

Financial year 2025 · Closed on 31/12/2025

Net result-206 k €-284,7 %over 1 year
Gross margin15,2 k €-95,6 %over 1 year
Equity993,2 k €-17,2 %over 1 year

Identity

Source · BCE/KBO

ZEPHYR INVEST III is a Private limited company incorporated in 2013. Its main activity is: Production of electricity. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0535.541.750
Incorporation
05/06/2013
Legal form
Private limited company
Registered office
Kortrijksesteenweg 1071
9051 Gent · FlandreSee on map
Contributed capital
650 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 12 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin15,2 k €345,3 k €1 M €341,2 k €317,2 k €
EBITDA14,5 k €344,7 k €996,8 k €341,1 k €317,1 k €
Operating result-201,1 k €130,1 k €787,3 k €131 k €107 k €
Net result-206 k €111,5 k €725,3 k €95,3 k €62,3 k €
Balance sheet
Equity993,2 k €1,2 M €1,2 M €1,1 M €1 M €
Total assets1,1 M €2,6 M €2,8 M €2,2 M €2,2 M €
Cash277,9 k €1,4 M €718,6 k €560,3 k €335,5 k €
Debts139 k €1,4 M €1,6 M €1,2 M €1,2 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 10 ended

Active mandates

Koen Decourt

Director · since 08 mai 2026

Active
Maarten Michielssens

Director · since 08 mai 2026

Active

Ended mandates

OAKS

Director · since 03 juin 2013 · 0883.713.055

Represented by Monique Van Oost

Ended
OAKS

Manager · since 03 juin 2013 · 0883.713.055

Represented by Van Oost Monique

Ended
ZOETHOUDT

Director · since 03 juin 2013 · 0453.546.363

Represented by Griet Van Eeckhout

Ended
ZOETHOUDT

Manager · since 03 juin 2013 · 0453.546.363

Represented by Van Eeckhout Griet

Ended

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ZEPHYR INVEST I● Active
0535.565.110
0535.542.641

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202627/08/202528/08/202417/07/202329/08/202227/08/2021
General meeting06/06/202630/06/202530/06/202430/06/202330/06/202220/05/2021
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, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202506/06/202631/08/2026DutchPDF
Abridged model31/12/202430/06/202527/08/2025DutchPDF
Abridged model31/12/202330/06/202428/08/2024DutchPDF
Abridged model31/12/202230/06/202317/07/2023DutchPDF
Abridged model31/12/202130/06/202229/08/2022DutchPDF
Abridged model31/12/202020/05/202127/08/2021DutchPDF
Abridged model31/12/201922/05/202027/08/2020DutchPDF
Micro model31/12/201816/05/201926/09/2019DutchPDF
Micro model31/12/201717/05/201828/08/2018DutchPDF
Micro model31/12/201624/07/201724/08/2017DutchPDF
Abridged model31/12/201530/08/201631/08/2016DutchPDF
Abridged model31/12/201428/08/201525/09/2015DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 10 ended

Active mandates

Koen Decourt

Director · since 08 mai 2026

Active
Maarten Michielssens

Director · since 08 mai 2026

Active

Ended mandates

OAKS

Director · since 03 juin 2013 · 0883.713.055

Represented by Monique Van Oost

Ended
OAKS

Manager · since 03 juin 2013 · 0883.713.055

Represented by Van Oost Monique

Ended
ZOETHOUDT

Director · since 03 juin 2013 · 0453.546.363

Represented by Griet Van Eeckhout

Ended
ZOETHOUDT

Manager · since 03 juin 2013 · 0453.546.363

Represented by Van Eeckhout Griet

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/06/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/01/2026
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Other18/06/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-206 k €↓
  2. 2024
    Annual accounts 2024111,5 k €↓
  3. 2023
    Annual accounts 2023725,3 k €↑
  4. 2022
    Annual accounts 202295,3 k €↑
  5. 2021
    Annual accounts 202162,3 k €↓
  6. 2019
    Annual accounts 2019220,2 k €↑
  7. 2018
    Annual accounts 2018105,1 k €↓
  8. 2017
    Annual accounts 2017105,5 k €↓
  9. 2016
    Annual accounts 2016290,2 k €↑
  10. 2015
    Annual accounts 2015126,5 k €↑
  11. 2014
    Annual accounts 2014-356,7 k €
  12. 05/06/2013
    IncorporationPrivate limited company