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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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
ZETELFABRIEK DEMUYNCK from Wevelgem, company number BE0432829440, closed financial year 2025 with a result of € 13,298 after tax. For that financial year ZETELFABRIEK DEMUYNCK recorded a gross margin of € 1.7 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 182,497 to € 13,298. 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 July 31, 2026.
€ 1.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,298
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 637,078
▼ 19% 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 € 1.3 million.
People and assets in 2025
29.1
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 1% vs 2024
€ 54,700 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.
€ 155,337
▲ 203% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 194,379
▲ 43% vs 2024
€ 66,224 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 27,998
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 280,389
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,728,642 | € 1,727,640 | € 1,860,897 | € 1,712,573 | ▼ 8% |
| Profit after taxes | € 14,204 | € 92,054 | € 182,497 | € 13,298 | ▼ 93% |
| Equity | € 1,463,734 | € 1,555,788 | € 1,738,285 | € 1,751,583 | ▲ 1% |
| Total debts | € 644,703 | € 467,586 | € 433,759 | € 502,765 | ▲ 16% |
| Cash | € 177,995 | € 489,194 | € 787,067 | € 637,078 | ▼ 19% |
| Land & buildings | € 161,688 | € 147,934 | € 143,820 | € 142,554 | ▼ 1% |
| Retained profit | € 981,541 | € 1,073,595 | € 1,256,092 | € 1,269,390 | ▲ 1% |
| Bank debt | € 280,611 | € 223,170 | € 136,210 | € 194,379 | ▲ 43% |
| Balance sheet total | € 2,108,436 | € 2,023,374 | € 2,172,044 | € 2,254,348 | ▲ 4% |
| Employees (FTE) | 33.4 | 28.8 | 28.5 | 29.1 | ▲ 0.6 |
Key figures of ZETELFABRIEK DEMUYNCK, 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 DEMUYNCK?
What happened at ZETELFABRIEK DEMUYNCK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,298 (▼ 93% vs 2024). Source: NBB ↗
- Thierry Demuynck became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,204 profit in 2022 to € 13,298 profit in 2025.
Paid € 21,216 in corporate taxes since 2022.
Best year ever: 2024, with € 182,497 profit.
On average € 58,900 of value added per employee in 2025.
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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
Behind ZETELFABRIEK DEMUYNCK is Thierry Demuynck. It owns 10% of SDC itself.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Kouterstraat 18
8560 Wevelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.829.440
- VAT number
- BE 0432.829.440
- Registered office
- Kouterstraat 18, 8560 Wevelgem
- Names & denominations
- ZETELFABRIEK DEMUYNCK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1987
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
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