ACTIVE

ZOELSE EXPRESS

Financial year 2025 · Closed on 30/06/2025

Net result-37,7 k €-178,5 %over 1 year
Gross margin174,3 k €-25,2 %over 1 year
Equity224 k €-14,4 %over 1 year
Workforce3,3 ETP-26,7 %over 1 year

Identity

Source · BCE/KBO

ZOELSE EXPRESS is a Private limited company incorporated in 2017. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Westerlo. It employs on average 3,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0676.607.266
Incorporation
07/06/2017
Legal form
Private limited company
Registered office
Gevaertlaan 2
2260 Westerlo · FlandreSee on map
Contributed capital
60 000,00 €
Latest accounts
30/06/2025
Average workforce
3,3 ETP
Joint committees (2)
  • 119
  • 201
Signals
Solid equityLow riskGood liquidityPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin174,3 k €233,1 k €292,7 k €230,1 k €244,1 k €
EBITDA51,1 k €105,5 k €145,6 k €110,3 k €128,5 k €
Operating result14,2 k €68,5 k €112,7 k €78,1 k €101 k €
Net result-37,7 k €48 k €85,2 k €53,7 k €75,1 k €
Balance sheet
Equity224 k €261,7 k €213,7 k €128,5 k €74,8 k €
Total assets533,5 k €568,1 k €577,2 k €403 k €534,8 k €
Cash48,3 k €139,6 k €83,9 k €167,4 k €271,6 k €
Debts309,5 k €306,4 k €363,5 k €274,5 k €459,9 k €
Other
Workforce3,3 ETP4,5 ETP6,3 ETP4,9 ETP3,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
M & B Holding0795.599.245Represented by Durmus Aykac
Managersince 02/01/2023Director02/01/2023 → 2024 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Durmus Aykac
Director06/01/2021 → 2023 accounts
Peggy De Vries
Administrator - manager06/06/2017 → 2020 accountsManager06/06/2017 → 2019 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/04/202603/02/202531/01/202423/02/202302/03/202229/01/2021
General meeting26/12/202527/12/202429/12/202330/12/202231/12/202125/12/2020
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202526/12/202502/04/2026DutchPDF
Abridged model30/06/202427/12/202403/02/2025DutchPDF
Abridged model30/06/202329/12/202331/01/2024DutchPDF
Abridged model30/06/202230/12/202223/02/2023DutchPDF
Abridged model30/06/202131/12/202102/03/2022DutchPDF
Abridged model30/06/202025/12/202029/01/2021DutchPDF
Abridged model30/06/201927/12/201931/01/2020DutchPDF
Abridged model30/06/201828/12/201825/01/2019DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 30/06/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
M & B Holding0795.599.245Represented by Durmus Aykac
Managersince 02/01/2023Director02/01/2023 → 2024 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Durmus Aykac
Director06/01/2021 → 2023 accounts
Peggy De Vries
Administrator - manager06/06/2017 → 2020 accountsManager06/06/2017 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/07/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Other09/06/2017
    Er blijkt uit een akte verleden voor notaris VERLINDEN Marc te Westerlo-Tongerlo op zes juni
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
M & B Holding
Durmus Aykac
Peggy De Vries
2017201820192020202120222023202420252026
ZOELSE EXPRESS
Gevaertlaan 2, 2260 Westerlo
ManagerDirector
Director
Administrator - managerManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Gevaertlaan 2, 2260 WesterloCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00071171

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ZOELSE EXPRESSCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00071171

Events

  1. 2025
    Annual accounts 2025-37,7 k €↓
  2. 2024
    Annual accounts 202448 k €↓
  3. 2023
    Annual accounts 202385,2 k €↑
  4. 2022
    Annual accounts 202253,7 k €↓
  5. 2021
    Annual accounts 202175,1 k €↓
  6. 2020
    Annual accounts 202080 k €↓
  7. 2019
    Annual accounts 201986,7 k €↑
  8. 2018
    Annual accounts 2018999,4 €
  9. 07/06/2017
    IncorporationPrivate limited company