ZERED
0651.778.731 · rovalta.com · 23/09/2026
ACTIVE
ZERED
Financial year 2025 · closed on 31/12/2025
Net result
121,4 k €
-98.3% YoY
Equity
18,3 M €
+0.7% YoY
Overview
What does ZERED do?
ZERED is a Public limited company incorporated in 2016. Its registered office is in Mouscron.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0651.778.731
Incorporation
11/04/2016
Legal form
Public limited company
Registered office
Rue de la Royenne 84
7700 Mouscron · WallonieSee on map
7700 Mouscron · WallonieSee on map
Contributed capital
9 810 148,40 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
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Financials
Trend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||
| Revenue | – | 0 € | -100% | 1,8 M € | 0 € | -100% | 63 k € | – | – | ||||
| EBITDA | -11,1 k € | -1.3% | -11 k € | -101% | 1,8 M € | +199% | -1,8 M € | -17452% | -10,1 k € | -224% | -3,1 k € | +64.6% | -8,8 k € |
| Operating result | -11,1 k € | -1.3% | -11 k € | -101% | 1,8 M € | +199% | -1,8 M € | -17452% | -10,1 k € | -224% | -3,1 k € | +64.6% | -8,8 k € |
| Net result | 121,4 k € | -98.3% | 7,2 M € | +195% | 2,4 M € | -64.8% | 7 M € | +90.4% | 3,7 M € | +1346% | 252,8 k € | -42.7% | 441,3 k € |
| Balance sheet | |||||||||||||
| Equity | 18,3 M € | +0.7% | 18,2 M € | +66.1% | 10,9 M € | -56.6% | 25,2 M € | +38.3% | 18,2 M € | +75.2% | 10,4 M € | +1.9% | 10,2 M € |
| Total assets | 18,3 M € | -0.8% | 18,5 M € | -34.6% | 28,3 M € | +12.3% | 25,2 M € | +35.7% | 18,5 M € | +30.2% | 14,2 M € | -0.6% | 14,3 M € |
| Cash | 38,9 k € | -87.7% | 317 k € | -13.8% | 367,7 k € | -2.4% | 376,9 k € | +120% | 171,1 k € | -49.9% | 341,3 k € | -27.4% | 469,8 k € |
| Debts | 44 k € | -86.0% | 314,5 k € | -98.2% | 17,3 M € | +2246079% | 771,3 € | -99.8% | 351 k € | -90.9% | 3,9 M € | -6.8% | 4,1 M € |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 17 ended
Active mandates
Andrew Bergdoll
ActiveAndrew Kelly
ActiveNicole Kroner
ActiveEnded mandates
Wim Van de Wiele
EndedJohannes Schraa
EndedGabriel Cravero
EndedGabriel Cravero
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
CASTEL ENGINEERING● Active | 0878.035.783 |
Icebox Belgium Holdings● Active | 0790.283.843 |
SPEEDIDUCT● Active | 0656.700.985 |
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 | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/10/2019 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 15 months |
| Filing date | 17/07/2026 | 22/07/2025 | 11/07/2024 | 13/07/2023 | 20/06/2022 | 01/06/2021 |
| General meeting | 30/06/2026 | 11/07/2025 | 28/06/2024 | 21/06/2023 | 27/05/2022 | 28/05/2021 |
| 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
9 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 30/06/2026 | 17/07/2026 | French | |
| Full model | 31/12/2024 | 11/07/2025 | 22/07/2025 | French | |
| Full model | 31/12/2023 | 28/06/2024 | 11/07/2024 | French | |
| Full model | 31/12/2022 | 21/06/2023 | 13/07/2023 | French | |
| Full model | 31/12/2021 | 27/05/2022 | 20/06/2022 | French | |
| Full model | 31/12/2020 | 28/05/2021 | 01/06/2021 | French | |
| Full model | 30/09/2019 | 18/12/2019 | 16/01/2020 | French | |
| Full model | 30/09/2018 | 08/02/2019 | 18/02/2019 | French | |
| Full model | 30/09/2017 | 09/02/2018 | 07/03/2018 | French |
Valuation
Estimate
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.
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 31/12/2025 · 3 active · 17 ended
Active mandates
Andrew Bergdoll
ActiveAndrew Kelly
ActiveNicole Kroner
ActiveEnded mandates
Wim Van de Wiele
EndedJohannes Schraa
EndedGabriel Cravero
EndedGabriel Cravero
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates19/11/2024DEMISSIONS, NOMINATIONS
- Mandates14/08/2024DEMISSIONS, NOMINATIONS
- Mandates20/02/2024DEMISSIONS, NOMINATIONS
- Mandates22/09/2023DEMISSIONS, NOMINATIONS
- Mandates25/01/2023DEMISSIONS, NOMINATIONS
- Mandates16/12/2022DEMISSIONS, NOMINATIONS
- Mandates14/01/2022DEMISSIONS, NOMINATIONS
- Mandates14/01/2021DEMISSIONS, 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 2025121,4 k €↓
- 2024Annual accounts 20247,2 M €↑
- 2023Annual accounts 20232,4 M €↓
- 2022Annual accounts 20227 M €↑
- 2021Annual accounts 20213,7 M €↑
- 2018Annual accounts 2018252,8 k €↓
- 2017Annual accounts 2017441,3 k €
- 11/04/2016IncorporationPublic limited company