Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
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 16 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ZWIJNAARDE from Aalst, company number BE0458689541, closed financial year 2025 with a result of € -534,300 after tax. For that financial year ZWIJNAARDE recorded a gross margin of € -734,761 and equity of € -866,416. Compared with financial year 2024, the result moved from € 439,239 to € -534,300. The company made a loss. 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 March 9, 2026.
€ -866,416
▼ € 534,300 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -534,300
▼ still € 439,239 profit in 2024
Profit after tax over the fiscal year.
€ 426,277
▲ € 381,015 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
Debts at end 2025
€ 3.2 million
▲ € 2.4 million vs 2024
Loans from banks and other lenders, long and short.
€ 5.5 million
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13
▼ 71% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -623,628 | € -161,458 | € -4,638 | € -734,761 | ▼ € 730,122 |
| Profit after taxes | € -528,644 | € -54,737 | € 439,239 | € -534,300 | ▼ € 973,539 |
| Equity | € -716,617 | € -771,354 | € -332,116 | € -866,416 | ▼ € 534,300 |
| Total debts | € 11,184,908 | € 13,675,913 | € 11,533,831 | € 11,244,959 | ▼ 3% |
| Cash | € 223,066 | € 3,039 | € 45,262 | € 426,277 | ▲ € 381,015 |
| Retained profit | € -939,721 | € -994,458 | € -555,220 | € -1,089,520 | ▼ € 534,300 |
| Bank debt | € 755,000 | € 755,000 | € 755,000 | € 3,162,000 | ▲ € 2.4 million |
| Balance sheet total | € 10,468,291 | € 12,904,559 | € 11,201,715 | € 10,378,544 | ▼ 7% |
Key figures of ZWIJNAARDE, 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 March 2027.
What happened to ZWIJNAARDE?
What happened at ZWIJNAARDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lederwaren Baeyens stepped down as director. NBB
- Darta stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 534,300 (▼ € 973,539 vs 2024). Source: NBB ↗
- Lederwaren Baeyens became a director. NBB
- Darta became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 528,644 loss in 2022 to € 534,300 loss in 2025.
Paid € 11,315 in corporate taxes since 2022.
Best year ever: 2024, with € 439,239 profit.
A new publication or filing at ZWIJNAARDE? We notify you, reason included.
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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
It owns 99.7% of Veva and 10% of ZestRed itself.
Directors
According to the 2025 annual accounts
Director · represented by Philippe Brantegem
Also active at: INFICO & CO, MEUBELWEELDE 2000, NIMOINVEST, LEDERWAREN BAEYENS, HAPPY, A.B., TUINCAFE VERVAN, STEKENE INVEST +13 more
since 2022 · until 2028
Director · represented by Philip Vanmarcke
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Gentse steenweg 150 box 1.2
9300 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →Discodan
€ -90,249 gross margin · 2025
NIMOINVEST same network
€ -3,761 gross margin · 2025
LEDERWAREN BAEYENS same network
€ 114,236 gross margin · 2025
POLYSOC
€ 143,738 gross margin · 2025
AALST BALLOONING COMPANY
€ 402,490 gross margin · 2025
+11 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
- 0458.689.541
- VAT number
- BE 0458.689.541
- Registered office
- Gentse steenweg 150 bus 1.2, 9300 Aalst
- Names & denominations
- ZWIJNAARDE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 1996
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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