ACTIVE

ZEPHYR

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Financial year 2025 · closed on 31/12/2025

Net result

-27,7 k €

-16.3% YoY

Gross margin

3,9 k €

-47.7% YoY

Equity

136,8 k €

-16.8% YoY

What does ZEPHYR do?

ZEPHYR is a Private limited company incorporated in 2005. Its main activity is: Retail sale of cultural and recreation goods in specialised stores. Its registered office is in Tongeren-Borgloon.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0871.458.292

Incorporation

26/01/2005

Legal form

Private limited company

Registered office

Gousbeemdstraat 1
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

47690Retail sale of cultural and recreation goods in specialised stores· main 47787Other retail sale of new goods in specialised stores 47784Other retail sale of new goods in specialised stores 47786Other retail sale of new goods in specialised stores

Signals

Solid equityLow riskGood liquidityPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,9 k €	-47.7%	7,4 k €	-89.1%	68,4 k €	+71.8%	39,8 k €	+174%	14,5 k €	+346%	-5,9 k €	-369%	2,2 k €	-92.2%	27,9 k €	-41.0%	47,3 k €	-36.6%	74,5 k €	-1.3%	75,5 k €	+30.1%	58,1 k €	+695%	-9,8 k €	-109%	103,8 k €	+29.8%	80 k €	+18.1%	67,7 k €	-27.8%	93,8 k €	+16.3%	80,6 k €	+51.8%	53,1 k €	-24.5%	70,3 k €
EBITDA	445,8 €	-88.4%	3,8 k €	-94.1%	65,5 k €	+79.9%	36,4 k €	+223%	11,3 k €	+223%	-9,2 k €	-963%	-861,8 €	-104%	24,2 k €	+112%	11,4 k €	-74.4%	44,5 k €	+101%	22,1 k €	-41.2%	37,6 k €	+337%	-15,8 k €	-129%	55,1 k €	+84.0%	29,9 k €	+132%	12,9 k €	-47.0%	24,3 k €	+32.9%	18,3 k €	-30.5%	26,3 k €	-28.4%	36,8 k €
Operating result	-16,3 k €	-80.4%	-9 k €	-116%	55,3 k €	+156%	21,6 k €	+926%	-2,6 k €	+88.4%	-22,6 k €	-75.0%	-12,9 k €	-185%	15,2 k €	+89.5%	8 k €	-80.5%	41,2 k €	+149%	16,5 k €	-43.1%	29,1 k €	+219%	-24,4 k €	-163%	38,8 k €	+42.9%	27,2 k €	+189%	9,4 k €	-53.5%	20,2 k €	+59.6%	12,7 k €	-34.1%	19,2 k €	-35.8%	30 k €
Net result	-27,7 k €	-16.3%	-23,8 k €	-160%	40 k €	+174%	14,6 k €	+232%	-11,1 k €	+53.3%	-23,8 k €	-73.2%	-13,7 k €	-891%	1,7 k €	-65.7%	5,1 k €	-65.7%	14,7 k €	+55.8%	9,4 k €	-67.4%	28,9 k €	+224%	-23,4 k €	-201%	23,3 k €	+12.9%	20,6 k €	+161%	7,9 k €	-49.4%	15,6 k €	+120%	7,1 k €	-56.6%	16,4 k €	-37.1%	26,1 k €
Balance sheet
Equity	136,8 k €	-16.8%	164,5 k €	-12.6%	188,3 k €	+26.9%	148,3 k €	+10.9%	133,7 k €	-7.7%	144,8 k €	-14.1%	168,6 k €	-7.5%	182,3 k €	+1.0%	180,6 k €	+2.9%	175,5 k €	+9.2%	160,8 k €	+6.2%	151,3 k €	+23.6%	122,4 k €	-16.1%	145,8 k €	+19.0%	122,6 k €	+20.2%	101,9 k €	+8.4%	94 k €	+20.0%	78,4 k €	+10.0%	71,3 k €	+29.9%	54,9 k €
Total assets	426 k €	-0.1%	426,6 k €	-0.3%	427,8 k €	+13.3%	377,5 k €	+2.3%	369,1 k €	-0.8%	372,2 k €	-5.2%	392,5 k €	-5.3%	414,6 k €	+5.2%	393,9 k €	+0.5%	392 k €	+3.9%	377,1 k €	+0.8%	374,1 k €	+8.6%	344,5 k €	-9.5%	380,8 k €	+42.6%	267,1 k €	-3.3%	276,3 k €	+14.1%	242,2 k €	+6.0%	228,5 k €	+20.7%	189,3 k €	+19.3%	158,7 k €
Cash	118,4 k €	-4.6%	124,1 k €	+35.5%	91,6 k €	+48.8%	61,6 k €	+59.1%	38,7 k €	-4.1%	40,4 k €	-53.6%	87,1 k €	-30.8%	125,9 k €	+84.5%	68,3 k €	-9.0%	75 k €	+8.7%	69 k €	+34.3%	51,4 k €	+1948%	2,5 k €	-85.8%	17,7 k €	-50.4%	35,6 k €	+78.7%	19,9 k €	-40.7%	33,6 k €	-34.6%	51,4 k €	+99.0%	25,8 k €	-15.0%	30,4 k €
Debts	264,3 k €	+6.9%	247,2 k €	+7.0%	231 k €	+3.3%	223,7 k €	-2.5%	229,3 k €	+0.9%	227,4 k €	+1.5%	224 k €	+1.1%	221,4 k €	+3.8%	213,3 k €	+3.2%	206,7 k €	-0.2%	207,1 k €	-3.8%	215,2 k €	-3.1%	222,1 k €	-5.5%	234,9 k €	+62.6%	144,5 k €	-17.1%	174,3 k €	+17.7%	148,1 k €	-1.3%	150 k €	+27.2%	118 k €	+13.7%	103,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,0 ETP	+233%	0,3 ETP	0.0%	0,3 ETP	-76.9%	1,3 ETP	-23.5%	1,7 ETP	-37.0%	2,7 ETP	-6.9%	2,9 ETP	+11.5%	2,6 ETP	+136%	1,1 ETP	-8.3%	1,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Hedwig Snoeckx

Director

Active

Ended mandates

HEDWIG SNOECKX

Manager · since 01 janvier 2013

Ended

Dirk Claesen

Administrator - manager · until 31 décembre 2013

Ended

Dirk Claesen

Administrator - manager

Ended

Dirk Claesen

Associate · until 14 juillet 2014

Ended

At this address

Other companies at this address

Company	CBE no.
Rosales● Active	0759.953.428

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro 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	14/07/2026	18/07/2025	18/07/2024	27/07/2023	28/07/2022	30/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	26/05/2023	27/05/2022	28/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/06/2026	14/07/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	18/07/2025	Dutch	PDF
Micro model	31/12/2023	21/06/2024	18/07/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	27/07/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	28/07/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	30/07/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	30/07/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	18/07/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	11/07/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	16/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	17/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	25/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	12/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	13/08/2008	Dutch	PDF
Abridged model	31/12/2006	27/05/2007	23/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 1 active · 6 ended

Active mandates

Hedwig Snoeckx

Director

Active

Ended mandates

HEDWIG SNOECKX

Manager · since 01 janvier 2013

Ended

Dirk Claesen

Administrator - manager · until 31 décembre 2013

Ended

Dirk Claesen

Administrator - manager

Ended

Dirk Claesen

Associate · until 14 juillet 2014

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/12/2023
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates26/03/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2013
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/01/2011
MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares15/02/2006
KAPITAAL - AANDELEN
PDF
Other03/02/2005
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 2025-27,7 k €↓
2024
Annual accounts 2024-23,8 k €↓
2023
Annual accounts 202340 k €↑
2022
Annual accounts 202214,6 k €↑
2021
Annual accounts 2021-11,1 k €↑
2020
Annual accounts 2020-23,8 k €↓
2019
Annual accounts 2019-13,7 k €↓
2018
Annual accounts 20181,7 k €↓
2017
Annual accounts 20175,1 k €↓
2016
Annual accounts 201614,7 k €↑
2015
Annual accounts 20159,4 k €↓
2014
Annual accounts 201428,9 k €↑
2013
Annual accounts 2013-23,4 k €↓
2012
Annual accounts 201223,3 k €↑
2011
Annual accounts 201120,6 k €↑
2010
Annual accounts 20107,9 k €↓
2009
Annual accounts 200915,6 k €↑
2008
Annual accounts 20087,1 k €↓
2007
Annual accounts 200716,4 k €↓
2006
Annual accounts 200626,1 k €
26/01/2005
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

ZEPHYR

Overview

What does ZEPHYR do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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