Financials
Financial year 2025
I.O. TUNNELLO from Zelzate, company number BE0477956018, closed financial year 2025 with a result of € 13,133 after tax. For that financial year I.O. TUNNELLO recorded a gross margin of € 44,195 and equity of € 238,996. Compared with financial year 2024, the result moved from € 13,152 to € 13,133. The company is profitable. 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 January 5, 2026.
€ 238,996
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,133
Profit after tax over the fiscal year.
€ 96,630
▲ 67% 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 € 163,996.
People and assets in 2025
€ 1,030
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 160,846
▼ 8% vs 2024
€ 17,474 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 800
▲ 229% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,808
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 45,011 | € 43,983 | € 44,589 | € 44,195 | ▼ 1% |
| Profit after taxes | € 11,716 | € 12,545 | € 13,152 | € 13,133 | |
| Equity | € 200,166 | € 212,711 | € 225,863 | € 238,996 | ▲ 6% |
| Total debts | € 255,757 | € 254,584 | € 240,303 | € 232,398 | ▼ 3% |
| Cash | € 36,689 | € 61,818 | € 57,764 | € 96,630 | ▲ 67% |
| Land & buildings | € 374,820 | € 357,978 | € 343,155 | € 327,299 | ▼ 5% |
| Retained profit | € 125,166 | € 137,711 | € 150,863 | € 163,996 | ▲ 9% |
| Dividend | € 1,600 | € 0 | € 0 | € 0 | |
| Bank debt | € 206,657 | € 191,251 | € 174,000 | € 160,846 | ▼ 8% |
| Balance sheet total | € 455,923 | € 467,295 | € 466,166 | € 471,394 | ▲ 1% |
Key figures of I.O. TUNNELLO, 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 I.O. TUNNELLO?
What happened at I.O. TUNNELLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,133. Source: NBB ↗
- New establishment in Zelzate. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,716 profit in 2022 to € 13,133 profit in 2025.
Paid € 13,920 in corporate taxes since 2022.
Best year ever: 2024, with € 13,152 profit.
Paid out € 1,600 in dividends to the owners in total.
Management
Behind I.O. TUNNELLO are Walter Van Hoecke, Christine Van Hoecke, Paul Van de Velde and Annemieke Van Den Bossche.
Directors
According to the 2025 annual accounts
Walter Van Hoecke
Gedelegeerd bestuurder
Christine Van Hoecke
Bestuurder
Paul Van de Velde
Bestuurder
Annemieke Van Den Bossche
Gedelegeerd bestuurder
Establishments
Establishment units
Physical locations of this company
Assenedesteenweg 126
9060 Zelzate
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.956.018
- VAT number
- BE 0477.956.018
- Registered office
- Assenedesteenweg 126, 9060 Zelzate
- Names & denominations
- I.O. TUNNELLO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 2002
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
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