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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G. VAN ZELE from Assenede, company number BE0468264629, closed financial year 2025 with a result of € 18,482 after tax. For that financial year G. VAN ZELE recorded a gross margin of € 295,131 and equity of € 76,352. Compared with financial year 2024, the result moved from € 21,677 to € 18,482. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 76,352
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,482
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 25,876
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -275,424.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 65,548
▼ 5% vs 2024
€ 65,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 563,743
▲ 19% vs 2024
Of which on lease € 60,914.
Debts at end 2025
€ 1.1 million
▼ 2% vs 2024
€ 168,707 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.2 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,956
▲ 90% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 145,798 | € 141,749 | € 288,339 | € 295,131 | ▲ 2% |
| Profit after taxes | € 3,760 | € 20,200 | € 21,677 | € 18,482 | ▼ 15% |
| Equity | € 70,497 | € 72,530 | € 76,038 | € 76,352 | |
| Total debts | € 2,757,890 | € 2,673,550 | € 2,978,213 | € 2,704,237 | ▼ 9% |
| Cash | € 3,749 | € 16,475 | € 14,340 | € 25,876 | ▲ 80% |
| Land & buildings | € 330,571 | € 311,503 | € 292,434 | € 273,366 | ▼ 7% |
| Retained profit | € -335,782 | € -315,582 | € -293,905 | € -275,424 | ▲ € 18,482 |
| Bank debt | € 930,198 | € 918,898 | € 1,113,351 | € 1,087,790 | ▼ 2% |
| Balance sheet total | € 2,828,387 | € 2,746,079 | € 3,054,251 | € 2,780,589 | ▼ 9% |
| Employees (FTE) | 2 | 1.8 | 1 | 1 |
Key figures of G. VAN ZELE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to G. VAN ZELE?
What happened at G. VAN ZELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nadine Grimmonprez stepped down as director. NBB
- Geert Van Zele stepped down as director. NBB
- Charlotte Vercauter Van Zele stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 18,482 (▼ 15% vs 2024). Source: NBB ↗
- Nadine Grimmonprez became a director. NBB
- Geert Van Zele became a director. NBB
- Charlotte Vercauter Van Zele became a director. NBB
- New establishment in Assenede. KBO
In short
From € 3,760 profit in 2022 to € 18,482 profit in 2025.
Paid € 572 in corporate taxes since 2022.
Best year ever: 2024, with € 21,677 profit.
On average € 295,100 of value added per employee in 2025.
Management
It owns 100% of G. Van Zele NL itself.
Directors
According to the 2025 annual accounts
Nadine Grimmonprez
Director
since 2024 · until 2029
since 2024 · until 2029
Charlotte Vercauter Van Zele
bestuurder
since 2024 · until 2029
Establishments
Establishment units
Physical locations of this company
Dorp 97
9968 Assenede
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
Hosting & Email
Email provider
Microsoft 365
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0468.264.629
- VAT number
- BE 0468.264.629
- Registered office
- Dorp 97, 9968 Assenede
- Names & denominations
- G. VAN ZELE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1999
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- vanzeleg.be
- Activities · NACE
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