ACTIVE

ZENOFFICE

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Financial year 2025 · closed on 31/12/2025

Net result

11,9 k €

+134.9% YoY

Gross margin

87,5 k €

+264.7% YoY

Equity

1,8 M €

+0.6% YoY

What does ZENOFFICE do?

ZENOFFICE is a Private limited company incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0874.003.058

Incorporation

24/05/2005

Legal form

Private limited company

Registered office

Boulevard de l'Empereur 10
1000 Bruxelles · BruxellesSee on map

Contributed capital

6 300,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 62020Computer consultancy activities 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive 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	87,5 k €	+265%	-53,1 k €	-145%	117,3 k €	-68.1%	368,2 k €	-0.9%	371,6 k €	-8.2%	405 k €	+43.7%	281,8 k €	+46.1%	192,8 k €	-63.3%	526,1 k €	+267%	143,3 k €	-7.0%	154 k €	-16.6%	184,6 k €	-28.5%	258,1 k €	+53.0%	168,7 k €	+13.1%	149,2 k €	-58.7%	361,4 k €	+314%	87,3 k €	+64.7%	53 k €	-61.8%	138,6 k €	+4539%	-3,1 k €
EBITDA	78,1 k €	+217%	-66,9 k €	-163%	106,1 k €	-70.0%	353,7 k €	-3.1%	364,9 k €	-6.9%	391,8 k €	+41.1%	277,7 k €	+54.5%	179,8 k €	-65.3%	518,8 k €	+275%	138,3 k €	-7.1%	148,9 k €	-17.1%	179,5 k €	-28.4%	250,6 k €	+49.4%	167,7 k €	+13.9%	147,2 k €	-59.2%	361 k €	+316%	86,9 k €	+65.3%	52,6 k €	-62.0%	138,2 k €	+3722%	-3,8 k €
Operating result	71,5 k €	+148%	-147,4 k €	-417%	46,5 k €	-84.1%	293 k €	-7.8%	317,9 k €	-8.1%	346,1 k €	+52.2%	227,4 k €	+75.4%	129,7 k €	-72.4%	468,9 k €	+426%	89,1 k €	-7.9%	96,8 k €	-25.2%	129,3 k €	-35.1%	199,4 k €	+48.5%	134,3 k €	+4.8%	128,2 k €	-64.3%	359,2 k €	+322%	85,2 k €	+65.6%	51,4 k €	-62.7%	137,8 k €	+3711%	-3,8 k €
Net result	11,9 k €	+135%	-34,1 k €	-213%	30,1 k €	-85.2%	203,1 k €	-3.9%	211,3 k €	-8.9%	231,8 k €	+62.4%	142,7 k €	+91.4%	74,6 k €	-74.2%	288,4 k €	+591%	41,8 k €	+399%	8,4 k €	-87.8%	68,6 k €	-28.6%	96,1 k €	+145%	-215,9 k €	-181%	266,9 k €	+15.4%	231,3 k €	+364%	49,9 k €	+101%	24,8 k €	-69.9%	82,5 k €	+2162%	-4 k €
Balance sheet
Equity	1,8 M €	+0.6%	1,8 M €	-1.8%	1,9 M €	+1.6%	1,8 M €	+12.4%	1,6 M €	+14.8%	1,4 M €	+19.4%	1,2 M €	+13.6%	1,1 M €	+7.6%	978,6 k €	+41.8%	690,1 k €	+6.4%	648,4 k €	+1.3%	640 k €	+12.0%	571,3 k €	+20.2%	475,2 k €	-27.4%	654,7 k €	+68.8%	387,8 k €	+148%	156,5 k €	+46.8%	106,6 k €	+25.8%	84,8 k €	+3584%	2,3 k €
Total assets	2,7 M €	-0.5%	2,7 M €	-10.7%	3 M €	-9.8%	3,3 M €	-33.8%	5 M €	+3.8%	4,9 M €	+9.2%	4,5 M €	+15.7%	3,8 M €	+11.9%	3,4 M €	+55.1%	2,2 M €	+13.0%	2 M €	-2.8%	2 M €	+3.2%	2 M €	-1.7%	2 M €	+31.7%	1,5 M €	+100%	755 k €	+54.9%	487,4 k €	+17.0%	416,6 k €	-3.0%	429,4 k €	+18564%	2,3 k €
Cash	71,3 k €	-4.8%	74,9 k €	-81.4%	402,2 k €	-58.2%	962,4 k €	+61.9%	594,5 k €	+67.9%	354,2 k €	+307%	87 k €	-70.0%	290,2 k €	+278%	76,9 k €	-53.0%	163,7 k €	-69.0%	528,8 k €	+12.5%	470,1 k €	+139%	196,5 k €	-69.9%	653,1 k €	+212%	209,5 k €	+7.7%	194,5 k €	+111%	92,4 k €	+162%	35,3 k €	-45.6%	64,9 k €	+3317%	1,9 k €
Debts	826,5 k €	+1.7%	812,9 k €	-28.7%	1,1 M €	-23.9%	1,5 M €	-56.0%	3,4 M €	+3.4%	3,3 M €	+1.6%	3,2 M €	+16.1%	2,8 M €	+13.6%	2,5 M €	+62.0%	1,5 M €	+15.9%	1,3 M €	-4.5%	1,4 M €	-0.4%	1,4 M €	-9.0%	1,5 M €	+77.3%	854,8 k €	+137%	360,9 k €	+38.1%	261,4 k €	-12.1%	297,3 k €	-11.5%	336 k €		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

SERGE BESER

Director · since 10 mai 2010

Active

Ended mandates

EMMANUEL LEFEVERE

Manager · since 31 mai 2006 · until 10 mai 2010

Ended

EMMANUEL LEFEVERE

Manager · since 31 mai 2006

Ended

SERGE BESER

Manager · since 12 mai 2005

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	25/06/2026	28/07/2025	07/08/2024	20/07/2023	13/07/2022	27/08/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	08/06/2022	12/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	25/06/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	28/07/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	07/08/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	20/07/2023	French	PDF
Micro model	31/12/2021	08/06/2022	13/07/2022	French	PDF
Micro model	31/12/2020	12/05/2021	27/08/2021	French	PDF
Micro model	31/12/2019	13/05/2020	29/10/2020	French	PDF
Micro model	31/12/2018	18/06/2019	12/07/2019	French	PDF
Micro model	31/12/2017	30/05/2018	04/07/2018	French	PDF
Abridged model	31/12/2016	10/05/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	11/05/2016	11/07/2016	French	PDF
Abridged model	31/12/2014	13/05/2015	19/08/2015	French	PDF
Abridged model	31/12/2013	14/05/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	08/05/2013	28/08/2013	French	PDF
Abridged modelCorrection	31/12/2011	21/06/2013	23/08/2013	French	PDF
Abridged model	31/12/2011	09/05/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	11/05/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	12/05/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	13/05/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	14/05/2008	28/08/2008	French	PDF
Abridged model	31/12/2006	30/05/2007	22/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 3 ended

Active mandates

SERGE BESER

Director · since 10 mai 2010

Active

Ended mandates

EMMANUEL LEFEVERE

Manager · since 31 mai 2006 · until 10 mai 2010

Ended

EMMANUEL LEFEVERE

Manager · since 31 mai 2006

Ended

SERGE BESER

Manager · since 12 mai 2005

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/06/2022
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Registered office17/03/2014
SIEGE SOCIAL
PDF
Mandates28/06/2010
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Registered office12/02/2007
SIEGE SOCIAL - CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office15/03/2006
SIEGE SOCIAL
PDF
Other01/06/2005
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202511,9 k €↑
2024
Annual accounts 2024-34,1 k €↓
2023
Annual accounts 202330,1 k €↓
2022
Annual accounts 2022203,1 k €↓
2021
Annual accounts 2021211,3 k €↓
2020
Annual accounts 2020231,8 k €↑
2019
Annual accounts 2019142,7 k €↑
2018
Annual accounts 201874,6 k €↓
2017
Annual accounts 2017288,4 k €↑
2016
Annual accounts 201641,8 k €↑
2015
Annual accounts 20158,4 k €↓
2014
Annual accounts 201468,6 k €↓
2013
Annual accounts 201396,1 k €↑
2012
Annual accounts 2012-215,9 k €↓
2011
Annual accounts 2011266,9 k €↑
2010
Annual accounts 2010231,3 k €↑
2009
Annual accounts 200949,9 k €↑
2008
Annual accounts 200824,8 k €↓
2007
Annual accounts 200782,5 k €↑
2006
Annual accounts 2006-4 k €
24/05/2005
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

ZENOFFICE

Overview

What does ZENOFFICE 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