ACTIVE

ZAXS

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Financial year 2025 · closed on 31/12/2025

Net result

76,7 k €

-4.1% YoY

Gross margin

122,2 k €

-2.3% YoY

Equity

1,1 M €

-4.9% YoY

What does ZAXS do?

ZAXS is a Private limited company incorporated in 2009. Its main activity is: Management consultancy activities. Its registered office is in Opwijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.923.085

Incorporation

08/01/2009

Legal form

Private limited company

Registered office

Droeshoutstraat 78
1745 Opwijk · FlandreSee on map

Contributed capital

20 405,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	122,2 k €	-2.3%	125,1 k €	+37.5%	90,9 k €	+3.3%	88 k €	-5.3%	93 k €	+6.4%	87,4 k €	+9.4%	79,9 k €	+21.0%	66 k €	+50.8%	43,8 k €	-11.3%	49,3 k €	+31.0%	37,7 k €	-9.5%	41,6 k €	-3.1%	42,9 k €	-32.0%	63,2 k €	-12.9%	72,5 k €	-8.4%	79,1 k €	+32.3%	59,8 k €
EBITDA	120,7 k €	-2.3%	123,5 k €	+40.1%	88,2 k €	+2.3%	86,2 k €	-5.5%	91,2 k €	+6.2%	85,9 k €	+9.9%	78,2 k €	+20.8%	64,7 k €	+52.3%	42,5 k €	-11.7%	48,2 k €	+32.0%	36,5 k €	-9.0%	40,1 k €	+35.9%	29,5 k €	-44.9%	53,6 k €	-25.9%	72,3 k €	-8.7%	79,1 k €	+32.3%	59,8 k €
Operating result	111 k €	-10.0%	123,4 k €	+40.6%	87,7 k €	+11.3%	78,8 k €	-4.3%	82,4 k €	+4.8%	78,6 k €	+8.9%	72,2 k €	+22.9%	58,7 k €	+43.3%	41 k €	-12.9%	47,1 k €	+33.0%	35,4 k €	-7.9%	38,4 k €	+38.5%	27,7 k €	-46.2%	51,5 k €	-26.8%	70,4 k €	-9.1%	77,5 k €	+29.5%	59,8 k €
Net result	76,7 k €	-4.1%	80 k €	+45.7%	54,9 k €	-60.3%	138,2 k €	-66.4%	410,7 k €	+755%	48 k €	-65.7%	139,9 k €	+15.8%	120,8 k €	+114%	56,5 k €	-65.6%	164,4 k €	+134%	70,3 k €	+509%	11,5 k €	+1266%	-990,3 €	-108%	12,2 k €	-60.3%	30,8 k €	-68.2%	96,7 k €	+337%	22,1 k €
Balance sheet
Equity	1,1 M €	-4.9%	1,2 M €	+2.4%	1,2 M €	+1.8%	1,1 M €	+1.0%	1,1 M €	+43.4%	788,5 k €	+6.5%	740,5 k €	+23.3%	600,5 k €	+25.2%	479,7 k €	+13.4%	423,2 k €	+63.5%	258,8 k €	+37.3%	188,5 k €	+6.5%	176,9 k €	-0.6%	177,9 k €	+7.4%	165,7 k €	+22.8%	135 k €	+232%	40,7 k €
Total assets	1,6 M €	+4.8%	1,5 M €	+4.9%	1,4 M €	+2.1%	1,4 M €	+0.6%	1,4 M €	+47.8%	931,1 k €	+5.0%	886,6 k €	+11.8%	793,2 k €	-2.6%	814,5 k €	+2.2%	796,9 k €	-3.8%	828,1 k €	+9.8%	754,1 k €	-0.6%	758,5 k €	-1.3%	768,5 k €	-3.8%	799,2 k €	+1.8%	785,2 k €	+4.4%	752,2 k €
Cash	54,2 k €	+24.1%	43,6 k €	+24.5%	35,1 k €	-48.9%	68,6 k €	-67.7%	212,4 k €	+89.3%	112,2 k €	+56.0%	71,9 k €	+50.0%	48 k €	-28.3%	66,9 k €	+21.9%	54,9 k €	-59.0%	133,9 k €	+247%	38,6 k €	-28.3%	53,8 k €	+103%	26,5 k €	+22.7%	21,6 k €	+4.6%	20,6 k €	+72.4%	12 k €
Debts	422,4 k €	+44.4%	292,5 k €	+16.4%	251,3 k €	+3.7%	242,4 k €	-1.1%	245,2 k €	+72.0%	142,6 k €	+4.7%	136,1 k €	-26.7%	185,7 k €	-42.7%	323,8 k €	-6.4%	346 k €	-36.6%	545,6 k €	+1.2%	538,9 k €	-2.9%	554,8 k €	-2.0%	566,1 k €	-8.1%	615,8 k €	-4.1%	642,4 k €	-9.1%	707,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,8 ETP	0.0%	0,8 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 3 ended

Active mandates

David De Coninck

Mandate

Active

Michel De Coninck

Director

Active

Pieter De Coninck

Director

Active

Ended mandates

Liliane Meersman

Mandate

Ended

Michel De Coninck

Mandate

Ended

Michel De Coninck

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2026	02/07/2025	29/07/2024	14/08/2023	15/07/2022	06/05/2021
General meeting	25/06/2026	25/06/2025	25/06/2024	28/06/2023	28/06/2022	15/04/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	01/07/2026	Dutch	PDF
Abridged model	31/12/2024	25/06/2025	02/07/2025	Dutch	PDF
Micro model	31/12/2023	25/06/2024	29/07/2024	Dutch	PDF
Micro model	31/12/2022	28/06/2023	14/08/2023	Dutch	PDF
Micro model	31/12/2021	28/06/2022	15/07/2022	Dutch	PDF
Micro model	31/12/2020	15/04/2021	06/05/2021	Dutch	PDF
Micro modelCorrection	31/12/2019	15/03/2020	30/11/2020	Dutch	PDF
Micro model	31/12/2019	15/03/2020	03/04/2020	Dutch	PDF
Micro model	31/12/2018	28/02/2019	11/03/2019	Dutch	PDF
Micro model	31/12/2017	28/02/2018	14/05/2018	Dutch	PDF
Micro model	31/12/2016	28/02/2017	14/06/2017	Dutch	PDF
Abridged model	31/12/2015	29/02/2016	12/05/2016	Dutch	PDF
Abridged model	31/12/2014	25/02/2015	23/03/2015	Dutch	PDF
Abridged model	31/12/2013	25/02/2014	09/04/2014	Dutch	PDF
Abridged model	31/12/2012	28/02/2013	01/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/02/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	22/02/2011	23/07/2011	Dutch	PDF
Abridged modelCorrection	31/12/2009	23/02/2010	09/10/2010	Dutch	PDF
Abridged model	31/12/2009	23/02/2010	13/07/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 3 ended

Active mandates

David De Coninck

Mandate

Active

Michel De Coninck

Director

Active

Pieter De Coninck

Director

Active

Ended mandates

Liliane Meersman

Mandate

Ended

Michel De Coninck

Mandate

Ended

Michel De Coninck

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/08/2021
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates02/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other19/01/2009
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

2025
Annual accounts 202576,7 k €↓
2024
Annual accounts 202480 k €↑
2023
Annual accounts 202354,9 k €↓
2022
Annual accounts 2022138,2 k €↓
2021
Annual accounts 2021410,7 k €↑
2020
Annual accounts 202048 k €↓
2019
Annual accounts 2019139,9 k €↑
2018
Annual accounts 2018120,8 k €↑
2017
Annual accounts 201756,5 k €↓
2016
Annual accounts 2016164,4 k €↑
2015
Annual accounts 201570,3 k €↑
2014
Annual accounts 201411,5 k €↑
2013
Annual accounts 2013-990,3 €↓
2012
Annual accounts 201212,2 k €↓
2011
Annual accounts 201130,8 k €↓
2010
Annual accounts 201096,7 k €↑
2009
Annual accounts 200922,1 k €
08/01/2009
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

ZAXS

Overview

What does ZAXS do?

Trend over 17 financial years

Indicative valuation

Board of directors

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