ACTIVE

Zubisko Trading

Financial year 2025 · Closed on 31/12/2025

Net result-256 k €-134,0 %over 1 year
Equity54,2 M €+19,2 %over 1 year

Identity

Source · BCE/KBO

Zubisko Trading is a Public limited company incorporated in 2021. Its registered office is in Watermael-Boitsfort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0779.437.956
Incorporation
20/12/2021
Legal form
Public limited company
Registered office
Boulevard du Souverain 25 box 9
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
55 653 128,00 €
Latest accounts
31/12/2025
Signals
Solid equity

Financials

Source · NBB, 6 filings

Trend over 5 financial years

20252024202320222021
Income statement
EBITDA-129,4 k €-95,5 k €-97,6 k €-56,6 k €-86,9 k €
Operating result-129,4 k €-95,5 k €-97,6 k €-56,6 k €-86,9 k €
Net result-256 k €-109,4 k €-98,8 k €-57,4 k €-87,3 k €
Balance sheet
Equity54,2 M €45,5 M €45,6 M €36,7 M €36,7 M €
Total assets54,9 M €54,9 M €45,9 M €37 M €37 M €
Cash32,2 k €33,7 k €99,9 k €126,5 k €139,7 k €
Debts663,9 k €9,4 M €344,6 k €294,2 k €195,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 4 ended

Active mandates

Eric Gilson

Director · since 14 mai 2025 · until 19 mai 2028

Active
ERLINDE EEMAN MANAGEMENT

Director · since 14 mai 2025 · until 19 mai 2028 · 1012.365.343

Represented by Erlinde Eeman

Active
ML Business Partner

Director · since 14 mai 2025 · until 19 mai 2028 · 0754.846.575

Represented by Marc Limneos

Active
THALES MANAGEMENT

Director · since 14 mai 2025 · until 19 mai 2028 · 0639.952.649

Represented by Renaud Blavier

Active
Thibault RELECOM

Managing director · since 14 mai 2025 · until 19 mai 2028

Active

Ended mandates

THALES MANAGEMENT

Director · since 20 décembre 2021 · until 16 mai 2025 · 0639.952.649

Represented by Renaud Blavier

Ended
Thibault RELECOM

Managing director · since 20 décembre 2021 · until 16 mai 2025

Ended
Virginie BROEKAERT

Director · since 20 décembre 2021 · until 30 juin 2024

Ended
Virginie BROEKAERT

Director · since 20 décembre 2021 · until 16 mai 2025

Ended

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Full financial information

Source · NBB
202520242023202220212021
Type of accountFull modelFull modelFull modelFull modelFull modelm135-f-p
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202120/12/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202120/12/2021
Length of the financial year12 months12 months12 months12 months12 months1 months
Filing date29/06/202630/06/202514/06/202429/06/202315/06/202231/03/2022
General meeting15/05/202616/05/202517/05/202419/05/202320/05/202201/01/9999
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/05/202629/06/2026FrenchPDF
Full model31/12/202416/05/202530/06/2025FrenchPDF
Full model31/12/202317/05/202414/06/2024FrenchPDF
Full model31/12/202219/05/202329/06/2023FrenchPDF
Full model31/12/202120/05/202215/06/2022FrenchPDF
m135-f-p20/12/202101/01/999931/03/2022FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 4 ended

Active mandates

Eric Gilson

Director · since 14 mai 2025 · until 19 mai 2028

Active
ERLINDE EEMAN MANAGEMENT

Director · since 14 mai 2025 · until 19 mai 2028 · 1012.365.343

Represented by Erlinde Eeman

Active
ML Business Partner

Director · since 14 mai 2025 · until 19 mai 2028 · 0754.846.575

Represented by Marc Limneos

Active
THALES MANAGEMENT

Director · since 14 mai 2025 · until 19 mai 2028 · 0639.952.649

Represented by Renaud Blavier

Active
Thibault RELECOM

Managing director · since 14 mai 2025 · until 19 mai 2028

Active

Ended mandates

THALES MANAGEMENT

Director · since 20 décembre 2021 · until 16 mai 2025 · 0639.952.649

Represented by Renaud Blavier

Ended
Thibault RELECOM

Managing director · since 20 décembre 2021 · until 16 mai 2025

Ended
Virginie BROEKAERT

Director · since 20 décembre 2021 · until 30 juin 2024

Ended
Virginie BROEKAERT

Director · since 20 décembre 2021 · until 16 mai 2025

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares26/11/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates30/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares20/12/2024
    CAPITAL, ACTIONS
    PDF
  • Mandates04/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares19/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Registered office29/08/2023
    SIEGE SOCIAL
    PDF
  • Other06/01/2022
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 2025-256 k €↓
  2. 13/11/2025
    augmentation_capital
  3. 13/11/2025
    apport
  4. 14/05/2025
    reconductionThibault Relecom — administrateur
  5. 14/05/2025
    nominationEric Gilson — administrateur
  6. 14/05/2025
    reconductionRenaud BLAVIER — administrateur
  7. 14/05/2025
    nominationErlinde EEMAN — administrateur
  8. 14/05/2025
    nominationMarc LIMNEOS — administrateur
  9. 2024
    Annual accounts 2024-109,4 k €↓
  10. 02/12/2024
    augmentation_capital
  11. 02/12/2024
    apport
  12. 17/05/2024
    reconductionSCRL BDO Réviseurs d'Entreprises — Commissaire
  13. 2023
    Annual accounts 2023-98,8 k €↓
  14. 06/12/2023
    augmentation_capital
  15. 2022
    Annual accounts 2022-57,4 k €↑
  16. 2021
    Annual accounts 2021-87,3 k €
  17. 20/12/2021
    IncorporationPublic limited company