NORMAL SITUATION

ZAHD

Company — Normal situation.

Strike-off: 19 août 2026

Financial year 2025 · Closed on 31/03/2025

Net result97,2 k €+233,1 %over 1 year
Gross margin-15,1 k €+79,2 %over 1 year
Equity3,7 M €-39,6 %over 1 year

Identity

Source · BCE/KBO

ZAHD is a Public limited company incorporated in 2014.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0556.915.897
Incorporation
29/07/2014
Legal form
Public limited company
Contributed capital
5 200 000,00 €
Latest accounts
31/03/2025
Signals
ProfitableSolid equityGood liquidityPositive cashflow

Financials

Source · NBB, 10 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin-15,1 k €-72,7 k €-61,4 k €-69,8 k €-52 k €
EBITDA-15,1 k €-73,3 k €-62,3 k €-70,6 k €-52,9 k €
Operating result-15,1 k €-73,3 k €-62,3 k €-70,6 k €-70 k €
Net result97,2 k €-73 k €-54,9 k €-1,6 M €-7,5 k €
Balance sheet
Equity3,7 M €6,1 M €6,1 M €6,2 M €7,8 M €
Total assets4,2 M €6,1 M €6,1 M €6,3 M €7,9 M €
Cash347 k €408 k €364,8 k €345,7 k €480 k €
Debts481,6 k €50,7 k €1,5 k €60 k €99,2 k €

Board of directors

Source · NBB, accounts to 31/03/2025

3 active · 10 ended

Active mandates

Thierry Delfosse

Managing director · since 31 juillet 2024 · until 31 juillet 2030

Active
Thierry Monsieur Delfosse

Director · since 31 juillet 2024 · until 31 juillet 2030

Active
Aude DUPUY

Director · since 19 janvier 2024 · until 19 janvier 2030

Active

Ended mandates

AUDE DUPUY

Director · since 31 juillet 2024

Ended
Aude DUPUY

Director · since 10 septembre 2020 · until 10 septembre 2026

Ended
L3C

Director · since 10 septembre 2020 · until 10 septembre 2026 · 0821.753.811

Represented by Thierry DELFOSSE

Ended
L3C

Managing director · since 10 septembre 2020 · until 10 septembre 2026 · 0821.753.811

Represented by Thierry DELFOSSE

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/10/202530/09/202412/10/202324/10/202225/10/202119/11/2020
General meeting11/09/202512/09/202414/09/202308/09/202209/09/202110/09/2020
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, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202511/09/202528/10/2025FrenchPDF
Abridged model31/03/202412/09/202430/09/2024FrenchPDF
Abridged model31/03/202314/09/202312/10/2023FrenchPDF
Abridged model31/03/202208/09/202224/10/2022FrenchPDF
Abridged model31/03/202109/09/202125/10/2021FrenchPDF
Abridged model31/03/202010/09/202019/11/2020FrenchPDF
Abridged model31/03/201912/09/201918/11/2019FrenchPDF
Abridged model31/03/201813/09/201829/10/2018FrenchPDF
Abridged model31/03/201714/09/201731/10/2017FrenchPDF
Abridged model31/03/201608/09/201626/10/2016FrenchPDF

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 31/03/2025

3 active · 10 ended

Active mandates

Thierry Delfosse

Managing director · since 31 juillet 2024 · until 31 juillet 2030

Active
Thierry Monsieur Delfosse

Director · since 31 juillet 2024 · until 31 juillet 2030

Active
Aude DUPUY

Director · since 19 janvier 2024 · until 19 janvier 2030

Active

Ended mandates

AUDE DUPUY

Director · since 31 juillet 2024

Ended
Aude DUPUY

Director · since 10 septembre 2020 · until 10 septembre 2026

Ended
L3C

Director · since 10 septembre 2020 · until 10 septembre 2026 · 0821.753.811

Represented by Thierry DELFOSSE

Ended
L3C

Managing director · since 10 septembre 2020 · until 10 septembre 2026 · 0821.753.811

Represented by Thierry DELFOSSE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring11/08/2025
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Other18/06/2025
    DIVERS
    PDF
  • Mandates12/09/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates06/05/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office01/02/2022
    SIEGE SOCIAL
    PDF
  • Other07/08/2014
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202597,2 k €↑
  2. 2024
    Annual accounts 2024-73 k €↓
  3. 2023
    Annual accounts 2023-54,9 k €↑
  4. 2022
    Annual accounts 2022-1,6 M €↓
  5. 2021
    Annual accounts 2021-7,5 k €↓
  6. 2020
    Annual accounts 2020583,3 k €↑
  7. 2019
    Annual accounts 2019-489 k €↓
  8. 2018
    Annual accounts 201822,9 k €↑
  9. 2017
    Annual accounts 20176,1 k €↓
  10. 2016
    Annual accounts 201630,9 k €
  11. 29/07/2014
    IncorporationPublic limited company