Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
DE ZWALUW from Pajottegem, company number BE0431632776, closed financial year 2024 with a result of € -1.1 million after tax. For that financial year DE ZWALUW recorded revenue of € 5.5 million and equity of € 7.6 million. Compared with financial year 2023, the result moved from € -496,999 to € -1.1 million. The company made a loss. 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 July 7, 2025.
€ 7.6 million
▼ 12% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▼ 114 % more loss than in 2023
Profit after tax over the fiscal year.
€ 96,756
▼ 81% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.9 million.
People and assets in 2024
80.5
▲ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4.3 million
▲ 12% vs 2023
€ 53,500 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.
€ 70,758
▼ 21% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 3.9 million
Loans from banks and other lenders, long and short.
€ 610,294
▲ 198% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 127 days on average.
€ 733,966
▲ 5% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 4,392,322 | € 4,957,350 | € 5,465,504 | € 5,465,878 | |
| Profit after taxes | € 819,968 | € -1,505,284 | € -496,999 | € -1,064,708 | ▼ € 567,709 |
| Equity | € 10,707,844 | € 9,202,559 | € 8,705,560 | € 7,640,852 | ▼ 12% |
| Total debts | € 9,740,851 | € 5,564,121 | € 5,098,307 | € 5,678,674 | ▲ 11% |
| Cash | € 574,046 | € 402,864 | € 510,751 | € 96,756 | ▼ 81% |
| Land & buildings | € 388,238 | € 388,238 | € 388,238 | € 388,238 | |
| Retained profit | € 10,006,305 | € 8,501,021 | € 8,004,021 | € 6,939,313 | ▼ 13% |
| Bank debt | € 7,631,469 | € 4,582,639 | € 3,948,893 | € 3,949,369 | |
| Balance sheet total | € 20,448,694 | € 14,766,680 | € 13,803,867 | € 13,319,525 | ▼ 4% |
| Employees (FTE) | 59 | 69.4 | 79.6 | 80.5 | ▲ 0.9 |
Key figures of DE ZWALUW, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DE ZWALUW?
What happened at DE ZWALUW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joost Ham stepped down as director. NBB
- Els Pede stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 1.1 million. Source: NBB ↗
- Joost Ham became a director. NBB
- Els Pede became a director. NBB
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 819,968 profit in 2021 to € 1.1 million loss in 2024.
Paid € 487,564 in corporate taxes since 2021.
Best year ever: 2021, with € 819,968 profit.
Pays suppliers within 127 days on average.
A new publication or filing at DE ZWALUW? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by De Vlietoever BV (100%).
Directors
According to the 2024 annual accounts
Joost Ham
Managing director
Also active at: HOME STUYVENBERG, 'S HEERENVELD, LEVANTO, WATCHERR, CURA CONSTRUCT, CuraBel, CuraCare, Cura Estate +5 more
since 2023 · until 2029
Els Pede
Director
Also active at: SENIORIE TER MINNE, LEVANTO, CuraBel, 't Hofke, 30s@work, Cura Investments
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vollezeelsesteenweg 44
1570 Pajottegem
Vollezeelsesteenweg 46
1570 Pajottegem
Active since 26 September 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.632.776
- VAT number
- BE 0431.632.776
- Registered office
- Vollezeelsesteenweg 44, 1570 Pajottegem
- Names & denominations
- DE ZWALUW
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 1987
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
Rust- en verzorgingstehuizen (RVT)