Financials
Financial year 2025
ZINQ Kruisem from Kruisem, company number BE0431944265, closed financial year 2025 with a result of € 64,959 after tax. For that financial year ZINQ Kruisem recorded revenue of € 5.7 million and equity of € 6.2 million. Compared with financial year 2024, the result moved from € 79,708 to € 64,959. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 10, 2026.
€ 6.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,959
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 2.4 million
▲ 8% 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 € 691,536.
People and assets in 2025
29.7
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 16% vs 2024
€ 71,000 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.
€ 77,989
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 412,059
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.
€ 422,483
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,596,430 | € 5,404,863 | € 5,672,969 | € 5,712,853 | ▲ 1% |
| Profit after taxes | € -208,720 | € -336,104 | € 79,708 | € 64,959 | ▼ 19% |
| Equity | € 6,360,502 | € 6,024,399 | € 6,104,107 | € 6,169,067 | ▲ 1% |
| Total debts | € 917,537 | € 1,004,922 | € 1,049,009 | € 895,434 | ▼ 15% |
| Cash | € 3,598 | € 12,460 | € 2,251,227 | € 2,424,199 | ▲ 8% |
| Land & buildings | € 1,909,820 | € 1,758,655 | € 1,618,277 | € 1,468,063 | ▼ 9% |
| Retained profit | € 807,971 | € 496,868 | € 601,576 | € 691,536 | ▲ 15% |
| Balance sheet total | € 7,302,040 | € 7,053,320 | € 7,153,116 | € 7,064,501 | ▼ 1% |
| Employees (FTE) | 34.3 | 31.4 | 29.8 | 29.7 | ▼ 0.1 |
Key figures of ZINQ Kruisem, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ZINQ Kruisem?
What happened at ZINQ Kruisem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul MERRICK stepped down as director. NBB
- Carl JONES stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 64,959 (▼ 19% vs 2024). Source: NBB ↗
- VERGOKAN INTERNATIONAL NV stepped down as director. NBB
- Paul MERRICK became a director. NBB
- Carl JONES became a director. NBB
- VERGOKAN INTERNATIONAL NV became a director. NBB
- New establishment in Kruisem. KBO
In short
From € 208,720 loss in 2022 to € 64,959 profit in 2025.
Paid € 3,875 in corporate taxes since 2022.
Best year ever: 2024, with € 79,708 profit.
Pays suppliers within 41 days on average.
Management
The shares are held by Allied Luxembourg S.A.R.L. (71.1%), Vergokan NV (28.9%) and Vergokan International (0%).
Directors
According to the 2025 annual accounts
Paul MERRICK
Director
since 2024 · until 2030
Vast vertegenwoordiger rechtspersoon · represented by Gino Declercq
Owns 13.6% via Vergokan NV
Also active at: VERGOKAN, VERGO COATING
since 2020 · until 2026
since 2024 · until 2030
Shareholders
Allied Luxembourg S.A.R.L.
71.1%
Vergokan NV · holding of VERGOKAN INTERNATIONAL NV
28.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriezone(KRU) 16
9770 Kruisem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.944.265
- VAT number
- BE 0431.944.265
- Registered office
- Industriezone(KRU) 16, 9770 Kruisem
- Names & denominations
- ZINQ Kruisem
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 1987
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling en bekleding van metaal
Oppervlaktebehandeling van metalen