Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 42.8 to 31.9.
Financials
Financial year 2025
ZAPPWARE from Hasselt, company number BE0475533392, closed financial year 2025 with a result of € 105,324 after tax. For that financial year ZAPPWARE recorded a gross margin of € 6.6 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 179,427 to € 105,324. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 2.8 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 105,324
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 342,611
▼ 49% 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 € -159,457.
People and assets in 2025
31.9
▼ 5.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▼ 8% vs 2024
€ 101,800 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.
€ 14,856
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.2 million
▲ 17% vs 2024
€ 192,259 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.1 million
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 602,385
▲ 26% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,617,722 | € 7,202,377 | - | - | |
| Gross margin | - | - | € 7,662,606 | € 6,590,065 | ▼ 14% |
| Profit after taxes | € 47,461 | € -1,874,864 | € 179,427 | € 105,324 | ▼ 41% |
| Equity | € 2,925,422 | € 1,050,558 | € 2,654,223 | € 2,759,547 | ▲ 4% |
| Total debts | € 7,586,372 | € 8,491,790 | € 5,373,071 | € 5,721,769 | ▲ 6% |
| Cash | € 1,017,163 | € 603,663 | € 674,378 | € 342,611 | ▼ 49% |
| Retained profit | € 1,430,656 | € -444,208 | € -264,781 | € -159,457 | ▲ € 105,324 |
| Bank debt | € 4,333,279 | € 4,229,378 | € 2,762,386 | € 3,226,115 | ▲ 17% |
| Balance sheet total | € 10,516,021 | € 9,546,575 | € 8,031,520 | € 8,485,542 | ▲ 6% |
| Employees (FTE) | 52.9 | 42.8 | 37 | 31.9 | ▼ 5.1 |
Key figures of ZAPPWARE, 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 ZAPPWARE?
What happened at ZAPPWARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 105,324 (▼ 41% vs 2024). Source: NBB ↗
- REINHART became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,461 profit in 2022 to € 105,324 profit in 2025.
Paid € 143,583 in corporate taxes since 2022.
Best year ever: 2024, with € 179,427 profit.
On average € 206,600 of value added per employee in 2025.
A new publication or filing at ZAPPWARE? 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
Directors
According to the 2025 annual accounts
REINHART
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Ilgatlaan 21
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Engelen & Partners Accountants
€ 811,974 revenue · 2025
LAND 2
€ 25,698 gross margin · 2025
BUNDELING BELGIUM
€ 41,707 gross margin · 2025
Marney Vom Elzenhof
GRATCH COMPANY BELGIUM
€ 4,019 gross margin · 2025
+2 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
- 0475.533.392
- VAT number
- BE 0475.533.392
- Registered office
- Ilgatlaan 21, 3500 Hasselt
- Names & denominations
- ZAPPWARE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 2001
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
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