ACTIVE

ZELOS

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Financial year 2025 · closed on 31/12/2025
Net result
118,5 k €
+174.7% YoY
Gross margin
328 k €
-19.1% YoY
Equity
1,3 M €
+9.9% YoY
Workforce
2,3 ETP
-34.3% YoY

What does ZELOS do?

ZELOS is a Public limited company incorporated in 2018. Its main activity is: Media representation. Its registered office is in Namur. It employs on average 2,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0695.625.206
Incorporation
02/05/2018
Legal form
Public limited company
Registered office
Rue de Coquelet 134
5000 Namur · WallonieSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
2,3 ETP
Activities (NACE)
73120Media representation· main73120Media representation93299Other amusement and recreation activities93299Other amusement and recreation activities70210Public relations and communication activities73300Advertising and market research+4
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin328 k €405,7 k €457,2 k €591,8 k €571,2 k €83,5 k €62,1 k €-3 k €
EBITDA210,7 k €241,7 k €362,8 k €510,4 k €493 k €51,2 k €18,2 k €-3,5 k €
Operating result166,4 k €36,1 k €83,6 k €444,4 k €447,9 k €20,7 k €-9,1 k €-3,5 k €
Net result118,5 k €43,1 k €172,9 k €421,2 k €484,4 k €15,2 k €465 k €-4,5 k €
Balance sheet
Equity1,3 M €1,2 M €1,2 M €984,4 k €562,9 k €468,6 k €453,4 k €-11,6 k €
Total assets2,6 M €2,1 M €2,2 M €1,8 M €1,4 M €912,4 k €1,1 M €74,1 k €
Cash106,9 k €59,8 k €92,9 k €330 k €45,4 k €128,3 k €44,6 k €8,6 k €
Debts1,1 M €627,3 k €780,1 k €375,8 k €569,8 k €342,1 k €627,6 k €85,7 k €
Other
Workforce2,3 ETP3,5 ETP2,1 ETP2,1 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 4 active · 10 ended

Active mandates

Fanny TACHENY

Director · since 31 juillet 2023 · until 31 juillet 2029

Active
Cédric BRUYLANDT

Managing director · since 01 novembre 2021 · until 26 mai 2026

Active
Freddy TACHENY

Managing director · since 01 novembre 2021 · until 26 mai 2026

Active
F.TACHENY

Director · 0841.910.609

Represented by Freddy TACHENY

Active

Ended mandates

Cédric BRUYLANDT

Director · since 01 novembre 2021 · until 26 mai 2026

Ended
Freddy TACHENY

Managing director · since 11 août 2020 · until 26 mai 2026

Ended
F.TACHENY

Director · since 02 mai 2018 · until 26 mai 2023 · 0841.910.609

Represented by Freddy TACHENY

Ended
F.TACHENY

Mandate · 0841.910.609

Represented by Freddy TACHENY

Ended
At this address

Other companies at this address

CompanyCBE no.
AFFICHAGE URBAIN● Active
0862.461.939
CODATA SERVICES● Active
0505.976.645
CONTRASTE DIGITAL● Active
0446.689.057
DIRECT PRESSE● Active
1010.873.721
ENTREPRENEURS INSPIRANTS● Active
1027.821.995
GROUPE SUDMEDIA● Active
0464.786.980
HUDEMA● Active
0432.945.246
INTERFONE BELGIUM● Active
0848.093.665
MAGIC PAY● Active
1008.260.758
MEDIA INSIDE● Active
0784.921.426
MOOVIZZ● Active
0461.819.968
MOTORCYCLE INVESTMENT GROUP● Active
0678.982.578
SOCIETE DES JOURNALISTES PROFESSIONNELS DE SUD PRESSE● Active
0869.880.756
SPORT INVESTMENT GROUP● Active
0784.920.337
SPORTS & MEDIA SALESHOUSE● Active
0697.888.769
ZELOS EVENTS● Active
0600.822.552
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date02/07/202628/07/202529/08/202430/08/202312/07/202222/06/2021
General meeting25/06/202626/05/202527/05/202426/05/202326/05/202226/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202602/07/2026FrenchPDF
Abridged model31/12/202426/05/202528/07/2025FrenchPDF
Abridged model31/12/202327/05/202429/08/2024FrenchPDF
Abridged model31/12/202226/05/202330/08/2023FrenchPDF
Micro model31/12/202126/05/202212/07/2022FrenchPDF
Abridged model31/12/202026/05/202122/06/2021FrenchPDF
Micro model31/12/201908/09/202030/11/2020FrenchPDF
Micro model31/12/201826/05/201902/07/2019FrenchPDF
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.

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 31/12/2025 · 4 active · 10 ended

Active mandates

Fanny TACHENY

Director · since 31 juillet 2023 · until 31 juillet 2029

Active
Cédric BRUYLANDT

Managing director · since 01 novembre 2021 · until 26 mai 2026

Active
Freddy TACHENY

Managing director · since 01 novembre 2021 · until 26 mai 2026

Active
F.TACHENY

Director · 0841.910.609

Represented by Freddy TACHENY

Active

Ended mandates

Cédric BRUYLANDT

Director · since 01 novembre 2021 · until 26 mai 2026

Ended
Freddy TACHENY

Managing director · since 11 août 2020 · until 26 mai 2026

Ended
F.TACHENY

Director · since 02 mai 2018 · until 26 mai 2023 · 0841.910.609

Represented by Freddy TACHENY

Ended
F.TACHENY

Mandate · 0841.910.609

Represented by Freddy TACHENY

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/08/2020
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring07/11/2019
    DENOMINATION - OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring29/08/2019
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Other04/05/2018
    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

Timeline

  1. 2025
    Annual accounts 2025118,5 k €↑
  2. 2024
    Annual accounts 202443,1 k €↓
  3. 2023
    Annual accounts 2023172,9 k €↓
  4. 2022
    Annual accounts 2022421,2 k €↓
  5. 2021
    Annual accounts 2021484,4 k €↑
  6. 2020
    Annual accounts 202015,2 k €↓
  7. 2019
    Annual accounts 2019465 k €↑
  8. 2018
    Annual accounts 2018-4,5 k €
  9. 02/05/2018
    IncorporationPublic limited company