Financials
Financial year 2024
ZAO from Watermaal-Bosvoorde, company number BE0457737456, closed financial year 2024 with a result of € 10,269 after tax. For that financial year ZAO recorded a gross margin of € 22,699 and equity of € 27,316. Compared with financial year 2023, the result moved from € -11,651 to € 10,269. 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 August 29, 2025.
€ 27,316
▲ 60% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,269
▲ still € 11,651 loss in 2023
Profit after tax over the fiscal year.
€ 37,315
▲ 238% 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 € 2,526.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,865
▼ 35% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 138
▼ 96% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,159
▲ € 3,632 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 | € 39,217 | € -5,465 | € -5,896 | € 22,699 | ▲ € 28,595 |
| Profit after taxes | € 34,796 | € 4,880 | € -11,651 | € 10,269 | ▲ € 21,920 |
| Equity | € 24,618 | € 28,698 | € 17,047 | € 27,316 | ▲ 60% |
| Total debts | € 14,810 | € 17,794 | € 18,848 | € 21,147 | ▲ 12% |
| Cash | € 49,628 | € 25,652 | € 11,055 | € 37,315 | ▲ 238% |
| Retained profit | € -171 | € 3,909 | € -7,743 | € 2,526 | ▲ € 10,269 |
| Dividend | € 0 | € 800 | € 0 | € 0 | |
| Balance sheet total | € 58,428 | € 46,492 | € 35,895 | € 48,462 | ▲ 35% |
Key figures of ZAO, 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 ZAO?
What happened at ZAO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 10,269. filed late Source: NBB ↗
- Isabelle Mertens became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,796 profit in 2021 to € 10,269 profit in 2024.
Paid € 10,105 in corporate taxes since 2021.
Best year ever: 2021, with € 34,796 profit.
Paid out € 800 in dividends to the owners in total.
Management
Behind ZAO is Isabelle Mertens.
Directors
According to the 2024 annual accounts
Isabelle Mertens
Director
since 1999
Establishments
Establishment units
Physical locations of this company
Gratèsstraat 66
1170 Watermaal-Bosvoorde
Gratèsstraat 96
1170 Watermaal-Bosvoorde
Active since 12 July 1996
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.737.456
- VAT number
- BE 0457.737.456
- Registered office
- Gratèsstraat 66, 1170 Watermaal-Bosvoorde
- Names & denominations
- ZAO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 1996
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
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