ACTIVE

DE ZANDKORREL

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Financial year 2025 · Closed on 30/06/2025

Net result
178,2 k €
+45,7 %over 1 year
Gross margin
720,7 k €
+29,0 %over 1 year
Equity
743,1 k €
+24,3 %over 1 year
Workforce
306 043,0 ETP
+9,7 %over 1 year

Identity

Source · BCE/KBO

DE ZANDKORREL is a Private limited company incorporated in 2004. Its registered office is in Merelbeke-Melle. It employs on average 306 043,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0864.819.732
Incorporation
20/04/2004
Legal form
Private limited company
Registered office
Sint-Elooistraat 21A
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Average workforce
306 043,0 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin720,7 k €558,7 k €466,1 k €428,5 k €507,5 k €
EBITDA365,6 k €229,3 k €169,1 k €151,1 k €253,9 k €
Operating result255,2 k €174,3 k €77,5 k €69 k €160,2 k €
Net result178,2 k €122,3 k €36,3 k €47,4 k €102,8 k €
Balance sheet
Equity743,1 k €598 k €495,7 k €459,4 k €412 k €
Total assets6,4 M €2,1 M €2,2 M €1,5 M €1 M €
Cash2,4 M €240,4 k €92,1 k €128,1 k €152,4 k €
Debts5,7 M €1,5 M €1,7 M €953,5 k €577,7 k €
Other
Workforce306 043,0 ETP278 989,0 ETP276 695,0 ETP263 501,0 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active

Active mandates

Eric Hennaux

Manager · since 15 avril 2004

Active

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/02/202604/02/202502/02/202431/01/202331/01/202201/02/2021
General meeting31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202531/12/202503/02/2026DutchPDF
Abridged model30/06/202431/12/202404/02/2025DutchPDF
Abridged model30/06/202331/12/202302/02/2024DutchPDF
Abridged model30/06/202231/12/202231/01/2023DutchPDF
Abridged model30/06/202131/12/202131/01/2022DutchPDF
Abridged model30/06/202031/12/202001/02/2021DutchPDF
Abridged model30/06/201931/12/201931/01/2020DutchPDF
Abridged model30/06/201831/12/201831/01/2019DutchPDF
Abridged model30/06/201731/12/201731/01/2018DutchPDF
Abridged model30/06/201631/12/201631/01/2017DutchPDF
Abridged model30/06/201531/12/201526/01/2016DutchPDF
Abridged model30/06/201431/01/201512/02/2015DutchPDF
Abridged model30/06/201330/04/201430/05/2014DutchPDF
Abridged model30/06/201228/02/201330/03/2013DutchPDF
Abridged model30/06/201105/03/201231/03/2012DutchPDF
Abridged model30/06/201031/12/201031/03/2011DutchPDF
Abridged model30/06/200931/01/201026/02/2010DutchPDF
Abridged model30/06/200831/12/200805/02/2009DutchPDF
Abridged model30/06/200731/12/200701/02/2008DutchPDF
Abridged model30/06/200631/12/200626/02/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

1 active

Active mandates

Eric Hennaux

Manager · since 15 avril 2004

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/04/2004
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025178,2 k €↑
  2. 2024
    Annual accounts 2024122,3 k €↑
  3. 2023
    Annual accounts 202336,3 k €↓
  4. 2022
    Annual accounts 202247,4 k €↓
  5. 2021
    Annual accounts 2021102,8 k €↑
  6. 2020
    Annual accounts 202058,3 k €↓
  7. 2019
    Annual accounts 2019149,9 k €↑
  8. 2018
    Annual accounts 201811,5 k €↓
  9. 2017
    Annual accounts 201769,2 k €↑
  10. 2016
    Annual accounts 201612,1 k €↓
  11. 2015
    Annual accounts 201575,4 k €↑
  12. 2014
    Annual accounts 201417,4 k €↑
  13. 2013
    Annual accounts 20138,6 k €↓
  14. 2012
    Annual accounts 201213,8 k €↓
  15. 2011
    Annual accounts 201128,3 k €↑
  16. 2010
    Annual accounts 20102,4 k €↓
  17. 2009
    Annual accounts 20093,1 k €↓
  18. 2008
    Annual accounts 20083,7 k €
  19. 20/04/2004
    IncorporationPrivate limited company