Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Zabra Business Units from Gent, company number BE0437249175, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Zabra Business Units recorded revenue of € 11.5 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 273,342 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 2.5 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ € 825,705 vs 2024
Profit after tax over the fiscal year.
€ 620,620
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 975,000 paid out
89 % of the profit went to the shareholders, mostly to Sobradis NV (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 4.7 million
▼ 22% vs 2024
€ 17,119 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.7 million
▲ 208% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 250,723
▼ 47% 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 | - | - | - | € 11,543,610 | |
| Gross margin | € 1,170,326 | € 4,404,038 | € 851,325 | € 1,920,823 | ▲ 126% |
| Profit after taxes | € 956,189 | € 3,015,115 | € 273,342 | € 1,099,046 | ▲ € 825,705 |
| Equity | € 624,375 | € 2,389,490 | € 2,412,832 | € 2,536,878 | ▲ 5% |
| Total debts | € 11,495,984 | € 8,597,787 | € 9,430,446 | € 9,120,891 | ▼ 3% |
| Cash | € 2,043,877 | € 150,948 | € 1,533,423 | € 620,620 | ▼ 60% |
| Retained profit | € 562,175 | € 2,327,290 | € 2,350,632 | € 2,474,678 | ▲ 5% |
| Dividend | € 600,000 | € 1,250,000 | € 250,000 | € 975,000 | ▲ 290% |
| Bank debt | € 8,071,452 | € 5,402,949 | € 5,969,481 | € 4,675,343 | ▼ 22% |
| Balance sheet total | € 12,144,992 | € 11,075,786 | € 11,977,879 | € 11,864,458 | ▼ 1% |
Key figures of Zabra Business Units, 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 Zabra Business Units?
What happened at Zabra Business Units in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sobradis NV stepped down as director. NBB
- Bracodev BV stepped down as director. NBB
- Hennia NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ € 825,705 vs 2024). Source: NBB ↗
- New establishment in Awans. KBO
- Sobradis NV became a director. NBB
- Bracodev BV became a director. NBB
- Hennia NV became a director. NBB
In short
From € 956,189 profit in 2022 to € 1.1 million profit in 2025.
Paid € 783,551 in corporate taxes since 2022.
Best year ever: 2023, with € 3 million profit.
Paid out € 3.1 million in dividends to the owners in total.
Management
The shares are held by Sobradis NV (100%). It owns 50% of Business Park Awans itself.
Directors
According to the 2025 annual accounts
Director · represented by Joris Brantegem
Also active at: SOBRADIS VENTURES, ZABRA REAL ESTATE, SOBRIMMO, STUDENTS@GENT, "IMMO PÉAGE", IMMO CAUWERBURG, Zabra Invest, IMMO DE REZE
since 2021 · until 2027
Director · represented by Laurens Brantegem
Also active at: SOBRADIS, ZABRA REAL ESTATE, Retail Immo Menen, BRAVOS TERRA, Zabra Invest, Business Park Kallo, Silsburg Land, Silsburg Development +1 more
since 2021 · until 2027
Managing director · represented by Vermeersch Christine
Also active at: SOBRADIS, Immo De Snoeck, SOBRADIS VENTURES, ZABRA REAL ESTATE, SOBRIMMO, STUDENTS@GENT, Retail Immo Menen, BRAVOS TERRA +8 more
since 2021 · until 2027
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Antoon Catriestraat 8A
9031 Gent
Antoon Catriestraat 8 box A
9031 Gent
Active since 19 May 1989
Rue Chaussée 58
4342 Awans
Active since 22 November 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →SOBRADIS same network
€ 1.6 million revenue · 2025
ZABRA REAL ESTATE same network
€ 23.3 million revenue · 2025
SOBRIMMO same network
€ 2.7 million revenue · 2025
"IMMO PÉAGE" same network
€ 36,287 gross margin · 2025
WATERZANDE HOLDING same network
€ -1,842 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.249.175
- VAT number
- BE 0437.249.175
- Registered office
- Antoon Catriestraat 8A, 9031 Gent
- Names & denominations
- Zabra Business Units
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 1989
- Peppol
- Active · Active since 2 Jun 2025
- Activities · NACE
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