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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ZOETHOUDT from Roeselare, company number BE0453546363, closed financial year 2024 with a result of € 240,094 after tax. For that financial year ZOETHOUDT recorded a gross margin of € 1 million and equity of € -371,972. Compared with financial year 2023, the result moved from € -114,099 to € 240,094. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ -371,972
▲ € 240,094 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 240,094
▲ still € 114,099 loss in 2023
Profit after tax over the fiscal year.
€ 182,639
▲ 62% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -1.2 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 6.1 million
▼ 6% vs 2023
€ 63,935 is repaid this year. At this pace the long-term loan is gone in ≈ 42 years.
€ 389,535
▼ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 152,544
▲ 78% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 789,324 | € 564,053 | € 648,119 | € 1,010,591 | ▲ 56% |
| Profit after taxes | € 56,260 | € -130,130 | € -114,099 | € 240,094 | ▲ € 354,193 |
| Equity | € -367,838 | € -497,968 | € -612,066 | € -371,972 | ▲ € 240,094 |
| Total debts | € 8,604,413 | € 8,900,693 | € 10,019,519 | € 10,968,003 | ▲ 9% |
| Cash | € 112,063 | € 159,531 | € 112,738 | € 182,639 | ▲ 62% |
| Land & buildings | € 6,632,949 | € 6,388,341 | € 6,834,127 | € 7,182,855 | ▲ 5% |
| Retained profit | € -1,234,988 | € -1,365,118 | € -1,479,216 | € -1,239,122 | ▲ € 240,094 |
| Bank debt | € 7,263,790 | € 6,883,989 | € 6,503,741 | € 6,123,041 | ▼ 6% |
| Balance sheet total | € 8,236,576 | € 8,402,725 | € 9,407,453 | € 10,596,032 | ▲ 13% |
Key figures of ZOETHOUDT, 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 ZOETHOUDT?
What happened at ZOETHOUDT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 240,094. filed late Source: NBB ↗
- Gérald Vandeputte became a director. NBB
- New establishment in Roeselare. KBO
- Griet Van Eeckhout became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 56,260 profit in 2021 to € 240,094 profit in 2024.
Paid € 1,229 in corporate taxes since 2021.
Best year ever: 2024, with € 240,094 profit.
Management
Behind ZOETHOUDT are Griet Van Eeckhout and Gérald Vandeputte. It owns 49.5% of Zephyr Invest II itself.
Directors
According to the 2024 annual accounts
since 1994
Gérald Vandeputte
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Constantijn Duboisstraat 2
8800 Roeselare
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.
Details
- Company number
- 0453.546.363
- VAT number
- BE 0453.546.363
- Registered office
- Constantijn Duboisstraat 2, 8800 Roeselare
- Names & denominations
- ZOETHOUDT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 1994
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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