ACTIVE

ZELCO LOGISTICS

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Financial year 2025 · closed on 30/06/2025

Net result

3,7 k €

-90.5% YoY

Gross margin

288,7 k €

-19.4% YoY

Equity

133,6 k €

+2.8% YoY

Workforce

2,2 ETP

-18.5% YoY

What does ZELCO LOGISTICS do?

ZELCO LOGISTICS is a Public limited company incorporated in 2006. Its registered office is in Lievegem. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.382.796

Incorporation

31/01/2006

Legal form

Public limited company

Registered office

Weststraat 119
9950 Lievegem · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

30/06/2025

Average workforce

2,2 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	288,7 k €	-19.4%	358,1 k €	+13.1%	316,6 k €	+42.5%	222,1 k €	+11.4%	199,4 k €	+20.5%	165,5 k €	+5.1%	157,4 k €	-26.1%	213,1 k €	+10.4%	193 k €	+0.7%	191,7 k €	-3.6%	198,8 k €	-32.7%	295,3 k €	-14.4%	344,8 k €	+11.2%	310 k €	-5.1%	326,7 k €	+28.5%	254,2 k €	+8.0%	235,5 k €	-23.2%	306,7 k €	-22.1%	393,7 k €
EBITDA	47,4 k €	-47.4%	90,1 k €	+143%	37,1 k €	-17.6%	45 k €	+1.7%	44,3 k €	+1649%	-2,9 k €	-109%	31,3 k €	-35.7%	48,6 k €	-2.9%	50,1 k €	+28.8%	38,9 k €	-35.0%	59,9 k €	-20.9%	75,7 k €	+2.3%	74 k €	+14.0%	64,9 k €	+25.5%	51,7 k €	+46.5%	35,3 k €	-2.5%	36,2 k €	-52.3%	75,8 k €	+25.1%	60,6 k €
Operating result	10 k €	-83.0%	59 k €	+476%	10,2 k €	-61.1%	26,3 k €	+65.5%	15,9 k €	+201%	-15,7 k €	-357%	6,1 k €	-65.8%	17,8 k €	+145%	7,3 k €	+49.2%	4,9 k €	-49.8%	9,7 k €	-67.6%	30 k €	-5.5%	31,7 k €	-4.2%	33,1 k €	+13.2%	29,3 k €	+120%	13,3 k €	-39.7%	22 k €	-64.6%	62,2 k €	+52.0%	40,9 k €
Net result	3,7 k €	-90.5%	38,8 k €	+2244%	1,7 k €	-90.2%	16,8 k €	+49.0%	11,3 k €	+156%	-20,1 k €	-1583%	1,4 k €	-81.6%	7,4 k €	+796%	820,5 €	-62.7%	2,2 k €	+37.6%	1,6 k €	-30.5%	2,3 k €	-53.8%	5 k €	-10.4%	5,6 k €	+17.3%	4,7 k €	+487%	807,8 €	-89.5%	7,7 k €	-73.1%	28,8 k €	+57.7%	18,2 k €
Balance sheet
Equity	133,6 k €	+2.8%	129,9 k €	+0.6%	129,1 k €	-17.5%	156,5 k €	+12.1%	139,7 k €	+8.8%	128,4 k €	-13.5%	148,5 k €	+0.9%	147,1 k €	+5.3%	139,8 k €	+0.6%	138,9 k €	+1.6%	136,7 k €	+1.2%	135,1 k €	+1.7%	132,8 k €	+3.9%	127,9 k €	+4.5%	122,3 k €	+4.0%	117,5 k €	+0.7%	116,7 k €	+7.1%	109 k €	+35.8%	80,2 k €
Total assets	422,6 k €	-18.0%	515,6 k €	+12.2%	459,7 k €	-1.3%	465,7 k €	-11.6%	527 k €	+16.4%	452,8 k €	+6.8%	423,8 k €	-28.2%	590,1 k €	-2.6%	605,9 k €	+12.7%	537,8 k €	+23.8%	434,4 k €	-9.8%	481,5 k €	-1.9%	491,1 k €	-2.5%	503,4 k €	+21.5%	414,2 k €	-5.5%	438,2 k €	+14.7%	381,9 k €	-12.6%	437 k €	+32.8%	329 k €
Cash	59,4 k €	+30.2%	45,6 k €	+307%	11,2 k €	+17152%	65 €	-99.9%	44,1 k €	+110%	21 k €	+185%	7,4 k €	-66.7%	22,2 k €	-4.7%	23,2 k €	-12.0%	26,4 k €	+24.3%	21,3 k €	-71.4%	74,3 k €	+294%	18,9 k €	-47.9%	36,2 k €	+518%	5,9 k €	-79.2%	28,1 k €	-29.2%	39,7 k €	-38.3%	64,4 k €	+197%	21,7 k €
Debts	289 k €	-25.1%	385,7 k €	+16.7%	330,4 k €	+6.9%	309,2 k €	-20.2%	387,3 k €	+19.4%	324,4 k €	+17.8%	275,3 k €	-37.9%	443 k €	-5.0%	466,2 k €	+16.9%	398,9 k €	+34.0%	297,7 k €	-14.1%	346,4 k €	-3.3%	358,2 k €	-4.6%	375,6 k €	+28.7%	291,9 k €	-9.0%	320,7 k €	+20.9%	265,2 k €	-5.3%	280 k €	+12.6%	248,7 k €
Other
Workforce	2,2 ETP	-18.5%	2,7 ETP	-20.6%	3,4 ETP	+21.4%	2,8 ETP	+16.7%	2,4 ETP	-20.0%	3,0 ETP	+25.0%	2,4 ETP	+20.0%	2,0 ETP	+5.3%	1,9 ETP	+5.6%	1,8 ETP	-5.3%	1,9 ETP	-26.9%	2,6 ETP	-23.5%	3,4 ETP	0.0%	3,4 ETP	-17.1%	4,1 ETP	+28.1%	3,2 ETP	+6.7%	3,0 ETP	-9.1%	3,3 ETP	-43.1%	5,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 4 active · 14 ended

Active mandates

ALFONS VAN ZELE

Director · since 02 décembre 2023 · until 02 décembre 2029

Active

KAREL VAN ZELE

Director · since 02 décembre 2023 · until 02 décembre 2029

Active

NICOLE STANDAERT

Managing director · since 02 décembre 2023 · until 02 décembre 2029

Active

PIETER VAN ZELE

Director · since 02 décembre 2023 · until 02 décembre 2029

Active

Ended mandates

ALFONS VAN ZELE

Director · since 02 décembre 2023 · until 01 décembre 2029

Ended

KAREL VAN ZELE

Director · since 02 décembre 2023 · until 01 décembre 2029

Ended

NICOLE STANDAERT

Managing director · since 02 décembre 2023 · until 01 décembre 2029

Ended

PIETER VAN ZELE

Director · since 02 décembre 2023 · until 01 décembre 2029

Ended

At this address

Other companies at this address

Company	CBE no.
ZELCO● Active	0438.258.173

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	31/01/2025	22/12/2023	31/01/2023	31/01/2022	04/01/2021
General meeting	31/12/2025	31/12/2024	02/12/2023	31/12/2022	31/12/2021	05/12/2020
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	30/06/2025	31/12/2025	30/01/2026	Dutch	PDF
Abridged model	30/06/2024	31/12/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2023	02/12/2023	22/12/2023	Dutch	PDF
Abridged model	30/06/2022	31/12/2022	31/01/2023	Dutch	PDF
Abridged model	30/06/2021	31/12/2021	31/01/2022	Dutch	PDF
Abridged model	30/06/2020	05/12/2020	04/01/2021	Dutch	PDF
Abridged model	30/06/2019	07/12/2019	06/01/2020	Dutch	PDF
Abridged model	30/06/2018	01/12/2018	21/12/2018	Dutch	PDF
Abridged model	30/06/2017	02/12/2017	31/01/2018	Dutch	PDF
Abridged model	30/06/2016	03/12/2016	02/01/2017	Dutch	PDF
Abridged model	30/06/2015	05/12/2015	05/01/2016	Dutch	PDF
Abridged model	30/06/2014	06/12/2014	16/01/2015	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	30/12/2013	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	21/12/2012	Dutch	PDF
Abridged model	30/06/2011	03/12/2011	21/12/2011	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	23/12/2010	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	14/12/2009	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	23/12/2008	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	21/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/06/2025 · 4 active · 14 ended

Active mandates

ALFONS VAN ZELE

Director · since 02 décembre 2023 · until 02 décembre 2029

Active

KAREL VAN ZELE

Director · since 02 décembre 2023 · until 02 décembre 2029

Active

NICOLE STANDAERT

Managing director · since 02 décembre 2023 · until 02 décembre 2029

Active

PIETER VAN ZELE

Director · since 02 décembre 2023 · until 02 décembre 2029

Active

Ended mandates

ALFONS VAN ZELE

Director · since 02 décembre 2023 · until 01 décembre 2029

Ended

KAREL VAN ZELE

Director · since 02 décembre 2023 · until 01 décembre 2029

Ended

NICOLE STANDAERT

Managing director · since 02 décembre 2023 · until 01 décembre 2029

Ended

PIETER VAN ZELE

Director · since 02 décembre 2023 · until 01 décembre 2029

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other19/10/2012
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other27/02/2006
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 20253,7 k €↓
2024
Annual accounts 202438,8 k €↑
2023
Annual accounts 20231,7 k €↓
2022
Annual accounts 202216,8 k €↑
2021
Annual accounts 202111,3 k €↑
2020
Annual accounts 2020-20,1 k €↓
2019
Annual accounts 20191,4 k €↓
2018
Annual accounts 20187,4 k €↑
2017
Annual accounts 2017820,5 €↓
2016
Annual accounts 20162,2 k €↑
2015
Annual accounts 20151,6 k €↓
2014
Annual accounts 20142,3 k €↓
2013
Annual accounts 20135 k €↓
2012
Annual accounts 20125,6 k €↑
2011
Annual accounts 20114,7 k €↑
2010
Annual accounts 2010807,8 €↓
2009
Annual accounts 20097,7 k €↓
2008
Annual accounts 200828,8 k €↑
2007
Annual accounts 200718,2 k €
31/01/2006
IncorporationPublic 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

ZELCO LOGISTICS

Overview

What does ZELCO LOGISTICS do?

Trend over 19 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