Active · per the CBE, 29 October 2026
ZELCO logo

ZELCO

BE0438258173

Rechtspersoon Public limited company 2 establishments

ZELCO is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 1 September 1989, 2 establishments.

Weststraat 119, 9950 Lievegem zelco.be

Active for

37 year, 1 month

Financials

Financial year 2025

ZELCO from Lievegem, company number BE0438258173, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year ZELCO recorded a gross margin of € 11,810 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 172,442 to € 1.4 million. Profitable, and profit is growing. 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 29, 2026.

What it is worth Growing

€ 1.8 million

▲ 296% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.4 million

▲ € 1.3 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 861,648

▲ € 774,478 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

7 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 163,164

▲ 41% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 292,281

▼ 42% vs 2024

€ 88,216 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 83,031

▼ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 37,706

▼ 21% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 86,213 € 91,269 € 215,068 € 11,810 ▼ 95%
Profit after taxes € 14,804 € 15,104 € 172,442 € 1,443,796 ▲ € 1.3 million
Equity € 536,852 € 481,956 € 454,398 € 1,798,193 ▲ 296%
Total debts € 444,897 € 661,285 € 865,690 € 537,504 ▼ 38%
Cash € 10,996 € 6,519 € 87,170 € 861,648 ▲ € 774,478
Land & buildings € 240,063 € 281,020 € 364,361 € 442,337 ▲ 21%
Retained profit € 456,287 € 401,390 € 373,832 € 1,717,628 ▲ € 1.3 million
Dividend € 0 € 70,000 € 200,000 € 100,000 ▼ 50%
Bank debt € 395,171 € 459,605 € 500,237 € 292,281 ▼ 42%
Balance sheet total € 1,078,395 € 1,237,230 € 1,398,506 € 2,398,670 ▲ 72%
Employees (FTE) 0.2 - - -

Key figures of ZELCO, 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 ZELCO?

What happened at ZELCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • GRIET VAN ZELE stepped down as director. NBB
  • ALFONS VAN ZELE stepped down as director. NBB
  • PIETER VAN ZELE stepped down as director. NBB
  • NICOLE STANDAERT stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 1.4 million (▲ € 1.3 million vs 2024). Source: NBB ↗
  • GRIET VAN ZELE became a director. NBB
  • ALFONS VAN ZELE became a director. NBB
  • PIETER VAN ZELE became a director. NBB

In short

From € 14,804 profit in 2022 to € 1.4 million profit in 2025.

Paid € 82,430 in corporate taxes since 2022.

Best year ever: 2025, with € 1.4 million profit.

Paid out € 370,000 in dividends to the owners in total.

Management

ZELCO

It owns 2% of Crescent itself.

Directors

According to the 2025 annual accounts

GRIET VAN ZELE

Director

since 2023 · until 2029

ALFONS VAN ZELE

Director

Also active at: ZELCO LOGISTIQUE, ZELCO LOGISTICS, MOTOHANDEL WAUTERS

since 2023 · until 2029

PIETER VAN ZELE

Director

Also active at: ZELCO LOGISTICS

since 2023 · until 2029

NICOLE STANDAERT

Managing director

Also active at: ZELCO LOGISTIQUE, ZELCO LOGISTICS

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Weststraat 119

9950 Lievegem

2.263.022.173

Moerstraat 1

9900 Eeklo

Active since 1 January 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

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Hosting & Email

Email provider

Google Workspace

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja
Languages NL
Copyright 2026

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Details

Company number
0438.258.173
VAT number
BE 0438.258.173
Registered office
Weststraat 119, 9950 Lievegem
Names & denominations
ZELCO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
1 September 1989
Peppol
Active · Active since 27 Mar 2026
Contact
zelco.be
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Fokken en houden van paarden en andere paardachtigen

Frequently asked questions

What does ZELCO do?
ZELCO is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 1 September 1989, 2 establishments.
What is the address of ZELCO?
The registered office of ZELCO is located at Weststraat 119, 9950 Lievegem.
Is ZELCO still active?
Yes. According to the CBE (29 October 2026) ZELCO is active, legal situation “Normale toestand”, started on 1 September 1989.
Is ZELCO registered on Peppol?
Yes, ZELCO is registered on the Peppol network with ID 0208:0438258173.
What is the enterprise number of ZELCO?
The enterprise number of ZELCO is BE0438258173.
When was ZELCO founded?
ZELCO was founded on 1 September 1989.