Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
HET ZEEL from Leuven, company number BE0428495223, closed financial year 2025 with a result of € -1,656 after tax. For that financial year HET ZEEL recorded a gross margin of € 22,575 and equity of € -238,279. Compared with financial year 2024, the result moved from € -7,757 to € -1,656. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ -238,279
▼ € 1,656 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,656
▲ 79 % less loss than in 2024
Profit after tax over the fiscal year.
€ 518
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -455,186.
Debts at end 2025
€ 16,577
▼ 41% vs 2024
€ 12,324 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 92
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,697 | € 20,928 | € 18,017 | € 22,575 | ▲ 25% |
| Profit after taxes | € -781 | € -3,361 | € -7,757 | € -1,656 | ▲ € 6,101 |
| Equity | € -225,505 | € -228,866 | € -236,623 | € -238,279 | ▼ € 1,656 |
| Total debts | € 311,882 | € 301,343 | € 304,941 | € 286,286 | ▼ 6% |
| Cash | € 1,391 | € 1,718 | € 1,546 | € 518 | ▼ 66% |
| Land & buildings | € 83,919 | € 69,140 | € 65,619 | € 46,334 | ▼ 29% |
| Retained profit | € -442,412 | € -445,773 | € -453,530 | € -455,186 | |
| Bank debt | € 49,927 | € 39,383 | € 28,276 | € 16,577 | ▼ 41% |
| Balance sheet total | € 86,377 | € 72,476 | € 68,317 | € 48,007 | ▼ 30% |
Key figures of HET ZEEL, 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 HET ZEEL?
What happened at HET ZEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kris De Kerpel stepped down as director. NBB
- Jeannine Desiron stepped down as director. NBB
- Guido De Kerpel stepped down as director. NBB
- Bart De Kerpel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,656. Source: NBB ↗
- Kris De Kerpel became a director. NBB
- Jeannine Desiron became a director. NBB
- Guido De Kerpel became a director. NBB
In short
From € 781 loss in 2022 to € 1,656 loss in 2025.
Paid € 92 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
Kris De Kerpel
Director
since 2023 · until 2029
Jeannine Desiron
Managing director
since 2023 · until 2029
Guido De Kerpel
Director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Dirk Boutslaan 36 2/ box 0201
3000 Leuven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.495.223
- VAT number
- BE 0428.495.223
- Registered office
- Dirk Boutslaan 36 2/ bus 0201, 3000 Leuven
- Names & denominations
- HET ZEEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 1986
- Peppol
- Not registered