Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 6.2 to 0.
Financials
Financial year 2025
ZETELFABRIEK EUROPE - FABRIQUES DE FAUTEUILS EUROPE from Wervik, company number BE0413858913, closed financial year 2025 with a result of € 152,758 after tax. For that financial year ZETELFABRIEK EUROPE - FABRIQUES DE FAUTEUILS EUROPE recorded revenue of € 0 and equity of € 585,555. Compared with financial year 2024, the result moved from € 833,572 to € 152,758. The company is profitable. The buffer shrank hard: equity is 82 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 585,555
▼ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 152,758
▼ 82% vs 2024
Profit after tax over the fiscal year.
€ 2,490
▼ € 658,839 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 524,055.
People and assets in 2025
0
▼ 5 vs 2024
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 365
▼ € 1.7 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3 days on average.
€ 56,991
▼ 65% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,698,513 | € 8,010,528 | € 11,580,235 | € 0 | ▼ 100% |
| Profit after taxes | € 36,290 | € -51,344 | € 833,572 | € 152,758 | ▼ 82% |
| Equity | € 2,474,739 | € 2,423,395 | € 3,256,967 | € 585,555 | ▼ 82% |
| Total debts | € 873,596 | € 1,162,452 | € 2,752,007 | € 57,356 | ▼ 98% |
| Cash | € 444,967 | € 395,724 | € 661,328 | € 2,490 | ▼ € 658,839 |
| Land & buildings | € 340,060 | € 339,579 | € 339,099 | € 338,379 | |
| Retained profit | € 2,413,239 | € 2,361,895 | € 3,195,467 | € 524,055 | ▼ 84% |
| Balance sheet total | € 3,348,334 | € 3,731,704 | € 6,152,269 | € 642,912 | ▼ 90% |
| Employees (FTE) | 7.7 | 6.2 | 5 | 0 | ▼ 5 |
Key figures of ZETELFABRIEK EUROPE - FABRIQUES DE FAUTEUILS EUROPE, 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 ZETELFABRIEK EUROPE - FABRIQUES DE FAUTEUILS EUROPE?
What happened at ZETELFABRIEK EUROPE - FABRIQUES DE FAUTEUILS EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 152,758 (▼ 82% vs 2024). Source: NBB ↗
- H.O. Invest BV became a director. NBB
- JIRON BV became a director. NBB
- Telifra NV became a director. NBB
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,290 profit in 2022 to € 152,758 profit in 2025.
Paid € 349,305 in corporate taxes since 2022.
Best year ever: 2024, with € 833,572 profit.
Pays suppliers within 3 days on average.
Management
The stake of TELIFRA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ZETELFABRIEK EUROPE - FABRIQUES DE FAUTEUILS EUROPEBehind ZETELFABRIEK EUROPE - FABRIQUES DE FAUTEUILS EUROPE are Telifra NV, H.O. Invest BV and JIRON BV. The shares are held by TELIFRA (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Pauwels Jacqueline
Also active at: CONFORTLUXE, Meubelfabriek Lievens, Meubelfabriek CRACK, FABRIDECO, LAMBERMONT ET FILS, CONFOTRANS, Red-Confort Logistics, BOXTRADE
since 2021
Director · represented by Ollevier Heidi
Also active at: CONFORTLUXE, Meubelfabriek Lievens, Meubelfabriek CRACK, FABRIDECO, LAMBERMONT ET FILS, CONFOTRANS, TELIFRA, Red-Confort Logistics +1 more
since 2022
Managing director · represented by Ollevier Jimmy
Also active at: CONFORTLUXE, Meubelfabriek Lievens, Meubelfabriek CRACK, FABRIDECO, LAMBERMONT ET FILS, CONFOTRANS, TELIFRA, Red-Confort Logistics +1 more
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Robert Klingstraat 25
8940 Wervik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0413.858.913
- VAT number
- BE 0413.858.913
- Registered office
- Robert Klingstraat 25, 8940 Wervik
- Names & denominations
- ZETELFABRIEK EUROPE - FABRIQUES DE FAUTEUILS EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 1974
- Peppol
- Active · Active since 3 Nov 2025
- Contact
- europe-zetels.be
- Activities · NACE
Groothandel in niet-elektrische huishoudelijke artikelen
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten