ACTIVE

ZELCO

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Financial year 2025 · closed on 30/09/2025
Net result
-11,4 k €
+90.2% YoY
Gross margin
524,7 k €
+53.7% YoY
Equity
-80,7 k €
-16.4% YoY
Workforce
10,4 ETP
-1.9% YoY

What does ZELCO do?

ZELCO is a Private limited company incorporated in 2019. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Zele. It employs on average 10,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0725.677.388
Incorporation
25/04/2019
Legal form
Private limited company
Registered office
Gentsesteenweg 228
9240 Zele · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
30/09/2025
Average workforce
10,4 ETP
Activities (NACE)
47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main47114Retail sale in non-specialised stores with food, beverages or tobacco predominating
Joint committees (1)
  • 201
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212021
Income statement
Gross margin524,7 k €341,3 k €440,1 k €250,1 k €221,5 k €801,2 k €
EBITDA134 k €-68,6 k €44,1 k €-119,5 k €45,4 k €174,7 k €
Operating result8 k €-118,8 k €10,8 k €-152,5 k €29,4 k €113,8 k €
Net result-11,4 k €-115,3 k €18,4 k €-142,6 k €25,6 k €94,6 k €
Balance sheet
Equity-80,7 k €-69,3 k €46 k €27,6 k €170,2 k €144,6 k €
Total assets1,4 M €1,9 M €785,3 k €872,5 k €992,2 k €1 M €
Cash89,1 k €56 k €26,9 k €48 k €41,1 k €53,1 k €
Debts1,5 M €2 M €739,1 k €844,7 k €821,9 k €880,1 k €
Other
Workforce10,4 ETP10,6 ETP10,1 ETP9,6 ETP9,3 ETP9,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 1 ended

Active mandates

BASTIJNS INVESTMENT & MANAGEMENT COMPANY

Director · since 25 avril 2019 · 0827.367.438

Represented by Ive Bastijns

Active
Liesbet Deprest

Director · since 25 avril 2019

Active

Ended mandates

BASTIJNS INVESTMENT & MANAGEMENT COMPANY

Director · since 25 avril 2019 · 0827.367.438

Represented by Ive Bastijns

Ended
Annual accounts

Full financial information

202520242023202220212021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/04/202125/04/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202131/03/2021
Length of the financial year12 months12 months12 months12 months6 months24 months
Filing date28/04/202615/05/202531/05/202426/05/202328/04/202230/11/2021
General meeting17/03/202618/03/202519/03/202421/03/202315/03/202221/09/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202517/03/202628/04/2026DutchPDF
Abridged model30/09/202418/03/202515/05/2025DutchPDF
Abridged model30/09/202319/03/202431/05/2024DutchPDF
Abridged model30/09/202221/03/202326/05/2023DutchPDF
Abridged model30/09/202115/03/202228/04/2022DutchPDF
Abridged model31/03/202121/09/202130/11/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 1 ended

Active mandates

BASTIJNS INVESTMENT & MANAGEMENT COMPANY

Director · since 25 avril 2019 · 0827.367.438

Represented by Ive Bastijns

Active
Liesbet Deprest

Director · since 25 avril 2019

Active

Ended mandates

BASTIJNS INVESTMENT & MANAGEMENT COMPANY

Director · since 25 avril 2019 · 0827.367.438

Represented by Ive Bastijns

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office14/10/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates01/10/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other29/04/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-11,4 k €↑
  2. 2024
    Annual accounts 2024-115,3 k €↓
  3. 2023
    Annual accounts 202318,4 k €↑
  4. 2022
    Annual accounts 2022-142,6 k €↓
  5. 2021
    Annual accounts 202125,6 k €↓
  6. 2021
    Annual accounts 202194,6 k €
  7. 25/04/2019
    IncorporationPrivate limited company