ACTIVE

ZABALA BRUSSELS

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Financial year 2024 · closed on 31/12/2024

Net result

293,2 k €

+144.7% YoY

Gross margin

1,6 M €

+42.2% YoY

Equity

850,8 k €

+36.4% YoY

Workforce

18,5 ETP

+24.2% YoY

What does ZABALA BRUSSELS do?

ZABALA BRUSSELS is a Private limited company incorporated in 2018. Its main activity is: Management consultancy activities. Its registered office is in Etterbeek. It employs on average 18,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0692.797.754

Incorporation

22/03/2018

Legal form

Private limited company

Registered office

Rue Belliard 20
1040 Etterbeek · BruxellesSee on map

Contributed capital

360 000,00 €

Latest accounts

31/12/2024

Average workforce

18,5 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 4 financial years

	2024		2023		2022		2021
Income statement
Gross margin	1,6 M €	+42.2%	1,1 M €	+16.5%	967,1 k €	+35.5%	713,8 k €
EBITDA	445,2 k €	+152%	176,7 k €	-18.3%	216,4 k €	+6.4%	203,4 k €
Operating result	380,8 k €	+117%	175,7 k €	-18.0%	214,2 k €	+7.6%	199,1 k €
Net result	293,2 k €	+145%	119,8 k €	-19.0%	148 k €	+7.8%	137,3 k €
Balance sheet
Equity	850,8 k €	+36.4%	623,8 k €	+10.3%	565,3 k €	+21.9%	463,9 k €
Total assets	4,3 M €	-21.8%	5,4 M €	+278%	1,4 M €	+31.7%	1,1 M €
Cash	178,6 k €	-95.7%	4,1 M €	+447%	750,5 k €	+22.5%	612,8 k €
Debts	799,2 k €	+323%	189,1 k €	-6.8%	202,8 k €	-67.4%	623 k €
Other
Workforce	18,5 ETP	+24.2%	14,9 ETP	+25.2%	11,9 ETP	+28.0%	9,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 6 ended

Active mandates

Ainhoa Zabala Versteeg

Director · since 01 avril 2018

Active

Erik Zabala Versteeg

Director · since 01 avril 2018

Active

Joaquin Zabala Martinez

Director · since 01 avril 2018

Active

Ended mandates

Ainhoa ZABALA VERSTEEG

Administrateur · since 01 avril 2018

Ended

Ainhoa ZABALA VERSTEEG

Managing director · since 01 avril 2018

Ended

Erik ZABALA VERSTEEG

Administrateur délégué · since 01 avril 2018

Ended

Erik ZABALA VERSTEEG

Managing director · since 01 avril 2018

Ended

At this address

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FTA INVEST● Active	0755.893.680

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2025	10/07/2024	25/07/2023	08/06/2022	28/06/2021	27/11/2020
General meeting	30/05/2025	12/06/2024	30/06/2023	27/05/2022	21/06/2021	27/11/2020
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

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Filings

Annual accounts filings

7 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/05/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	12/06/2024	10/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	25/07/2023	French	PDF
Abridged model	31/12/2021	27/05/2022	08/06/2022	French	PDF
Abridged model	31/12/2020	21/06/2021	28/06/2021	French	PDF
Abridged model	31/12/2019	27/11/2020	27/11/2020	Dutch	PDF
Abridged model	31/12/2018	24/09/2019	30/09/2019	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 6 ended

Active mandates

Ainhoa Zabala Versteeg

Director · since 01 avril 2018

Active

Erik Zabala Versteeg

Director · since 01 avril 2018

Active

Joaquin Zabala Martinez

Director · since 01 avril 2018

Active

Ended mandates

Ainhoa ZABALA VERSTEEG

Administrateur · since 01 avril 2018

Ended

Ainhoa ZABALA VERSTEEG

Managing director · since 01 avril 2018

Ended

Erik ZABALA VERSTEEG

Administrateur délégué · since 01 avril 2018

Ended

Erik ZABALA VERSTEEG

Managing director · since 01 avril 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates29/03/2023
DEMISSIONS, NOMINATIONS
PDF
Other12/01/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Other26/03/2018
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2024
Annual accounts 2024293,2 k €↑
2023
Annual accounts 2023119,8 k €↓
2022
Annual accounts 2022148 k €↑
2021
Annual accounts 2021137,3 k €
22/03/2018
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ZABALA BRUSSELS

Overview

What does ZABALA BRUSSELS do?

Trend over 4 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline