What does ZENITEL do?

ZENITEL is a repair and maintenance company in Asse. Public Limited, started on 31 March 1913, 1 establishment.

What is the address of ZENITEL?

The registered office of ZENITEL is located at Z. 1 Researchpark 110, 1731 Asse.

Is ZENITEL still active?

Yes. According to the CBE (29 October 2026) ZENITEL is active, legal situation “Normale toestand”, started on 31 March 1913.

Is ZENITEL registered on Peppol?

Yes, ZENITEL is registered on the Peppol network with ID 0208:0403150608.

What is the enterprise number of ZENITEL?

The enterprise number of ZENITEL is BE0403150608.

When was ZENITEL founded?

ZENITEL was founded on 31 March 1913.

Who are the directors of ZENITEL?

According to the 2025 annual accounts, the directors of ZENITEL are: Yves De Backer BV, Blanco Blad BV, K-CL BV, Anchorage NV, Equity@work BV.

Is ZENITEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 March 1913; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did ZENITEL make in 2025?

ZENITEL posted a profit after taxes of € 15,186,019 in financial year 2025.

How much does an employee at ZENITEL earn?

The average wage cost per full-time employee at ZENITEL was € 1,300 in 2025: staff costs of € 2,671 for 2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ZENITEL have?

According to the 2025 annual accounts, ZENITEL has 2 full-time equivalents (FTE).

ZENITEL (Public Limited) - Asse - BE0403150608

Dossier ZENITEL, printed on 29 October 2026 from databakkes.be/en/0403150608/zenitel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ZENITEL from Asse, company number BE0403150608, closed financial year 2025 with a result of € 15.2 million after tax. Compared with financial year 2024, the result moved from € 23.9 million to € 15.2 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.

What it is worth Healthy

€ 38.3 million

▼ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 15.2 million

▼ 36% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 370,915

▼ 90% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 16 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 6.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2,671

▼ 55% vs 2024

€ 1,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 10.7 million

▼ 12% vs 2024

€ 2.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 626,390

▼ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.

Taxes

€ 38,705

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Profit after taxes	€ 4,172,893 Profit after taxes 2022: € 4,172,893 First fiscal year in the series	€ 4,056,429 Profit after taxes 2023: € 4,056,429 ▼ 3% vs 2022 (€ 4,172,893) Unfavourable step	€ 23,871,560 Profit after taxes 2024: € 23,871,560 ▲ € 19.8 million vs 2023 (€ 4,056,429) Favourable step	€ 15,186,019 Profit after taxes 2025: € 15,186,019 ▼ 36% vs 2024 (€ 23,871,560) Unfavourable step	▼ 36%
Equity	€ 50,037,288 Equity 2022: € 50,037,288 First fiscal year in the series	€ 37,193,717 Equity 2023: € 37,193,717 ▼ 26% vs 2022 (€ 50,037,288) Unfavourable step	€ 39,065,277 Equity 2024: € 39,065,277 ▲ 5% vs 2023 (€ 37,193,717) Favourable step	€ 38,251,296 Equity 2025: € 38,251,296 ▼ 2% vs 2024 (€ 39,065,277) Unfavourable step	▼ 2%
Total debts	€ 950,567 Total debts 2022: € 950,567 First fiscal year in the series	€ 16,220,162 Total debts 2023: € 16,220,162 ▲ € 15.3 million vs 2022 (€ 950,567) Unfavourable step	€ 16,375,401 Total debts 2024: € 16,375,401 ▲ 1% vs 2023 (€ 16,220,162) Unfavourable step	€ 17,752,295 Total debts 2025: € 17,752,295 ▲ 8% vs 2024 (€ 16,375,401) Unfavourable step	▲ 8%
Cash	€ 2,371,675 Cash 2022: € 2,371,675 First fiscal year in the series	€ 4,541,173 Cash 2023: € 4,541,173 ▲ 91% vs 2022 (€ 2,371,675) Favourable step	€ 3,692,960 Cash 2024: € 3,692,960 ▼ 19% vs 2023 (€ 4,541,173) Unfavourable step	€ 370,915 Cash 2025: € 370,915 ▼ 90% vs 2024 (€ 3,692,960) Unfavourable step	▼ 90%
Retained profit	€ 24,413,439 Retained profit 2022: € 24,413,439 First fiscal year in the series	€ 11,569,867 Retained profit 2023: € 11,569,867 ▼ 53% vs 2022 (€ 24,413,439) Unfavourable step	€ 13,441,427 Retained profit 2024: € 13,441,427 ▲ 16% vs 2023 (€ 11,569,867) Favourable step	€ 12,627,446 Retained profit 2025: € 12,627,446 ▼ 6% vs 2024 (€ 13,441,427) Unfavourable step	▼ 6%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 16,900,000 Dividend 2023: € 16,900,000 Unchanged (€ 0) Unchanged	€ 22,000,000 Dividend 2024: € 22,000,000 ▲ 30% vs 2023 (€ 16,900,000) Unchanged	€ 16,000,000 Dividend 2025: € 16,000,000 ▼ 27% vs 2024 (€ 22,000,000) Unchanged	▼ 27%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 12,150,000 Bank debt 2024: € 12,150,000 Unchanged (€ 0) Unfavourable step	€ 10,688,657 Bank debt 2025: € 10,688,657 ▼ 12% vs 2024 (€ 12,150,000) Favourable step	▼ 12%
Balance sheet total	€ 54,302,008 Balance sheet total 2022: € 54,302,008 First fiscal year in the series	€ 55,418,878 Balance sheet total 2023: € 55,418,878 ▲ 2% vs 2022 (€ 54,302,008) Unchanged	€ 58,235,616 Balance sheet total 2024: € 58,235,616 ▲ 5% vs 2023 (€ 55,418,878) Unchanged	€ 56,717,448 Balance sheet total 2025: € 56,717,448 ▼ 3% vs 2024 (€ 58,235,616) Unchanged	▼ 3%
Employees (FTE)	2 Employees (FTE) 2022: 2 First fiscal year in the series	2 Employees (FTE) 2023: 2 Unchanged (2) Unchanged	2 Employees (FTE) 2024: 2 Unchanged (2) Unchanged	2 Employees (FTE) 2025: 2 Unchanged (2) Unchanged

Key figures of ZENITEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to ZENITEL?

What happened at ZENITEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Blanco Blad BV stepped down as director. NBB
2028 K-CL BV stepped down as director. NBB
2028 Anchorage NV stepped down as director. NBB
2028 Equity@work BV stepped down as director. NBB
May 21, 2026 New annual accounts for financial year 2025: profit of € 15.2 million (▼ 36% vs 2024). Source: NBB ↗
2026 Yves De Backer BV stepped down as director. NBB
2024 Anchorage NV became a director. NBB
2023 Yves De Backer BV became a director. NBB

In short

From € 4.2 million profit in 2022 to € 15.2 million profit in 2025.

Paid € 43,911 in corporate taxes since 2022.

Best year ever: 2024, with € 23.9 million profit.

Paid out € 54.9 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

House of Thor bv 100%

ZENITEL

Zenitel Finance Netherlands BV 100%

Zenitel Norway AS 100%

Zenitel GB ltd. 100%

The shares are held by House of Thor bv (100%). It owns 100% of Zenitel Finance Netherlands BV, 100% of Zenitel Norway AS and 100% of Zenitel GB ltd. itself.

Directors

According to the 2025 annual accounts

Yves De Backer BV

Chairman of the board · represented by Yves De Backer

Also active at: House of Thor, The House of Outdoor Lifestyle

since 2023 · until 2026

Blanco Blad BV

Director · represented by Jo Van Gorp

since 2010 · until 2028

K-CL BV

Managing director · represented by Koen Claerbout

Also active at: House of Thor

since 2018 · until 2028

Anchorage NV

Director · represented by Anne-Charlotte Werbrouck

Also active at: The House of Outdoor Lifestyle

since 2024 · until 2028

Equity@work BV

Director · represented by Hans Swinnen

Also active at: PLBE, PAUWELS CONSULTING, Pyramid, TASCO, Science at Work Staffing België, House of Thor, The House of Outdoor Lifestyle, Anchorage

since 2015 · until 2028

Shareholders

House of Thor bv

100%

Participations

Zenitel Finance Netherlands BV

100%

Zenitel Norway AS

100%

Zenitel GB ltd.

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Z. 1 Researchpark 110

1731 Asse

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0403.150.608

VAT number

BE 0403.150.608

Registered office

Z. 1 Researchpark 110, 1731 Asse

Names & denominations

ZENITEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 March 1913

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Installatie van industriële machines, toestellen en werktuigen

Vervaardiging van communicatieapparatuur

Vervaardiging van zendtoestellen voor radiotelefonie en apparatuur voor lijntelefonie of lijntelegrafie

View on CBE Public ↗ Annual accounts (NBB) ↗

ZENITEL

Warning lights

Financials

What happened to ZENITEL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions