Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ZieCo from Leuven, company number BE0501490592, closed financial year 2025 with a result of € -21,551 after tax. For that financial year ZieCo recorded a gross margin of € 177,855 and equity of € 253,826. Compared with financial year 2024, the result moved from € 29,317 to € -21,551. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 253,826
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,551
▼ still € 29,317 profit in 2024
Profit after tax over the fiscal year.
€ 41,344
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 247,626.
People and assets in 2025
€ 169,548
▼ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 26,519
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 119,777
▲ 134% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,478
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 197,590 | € 211,866 | € 249,651 | € 177,855 | ▼ 29% |
| Profit after taxes | € 31,531 | € 12,324 | € 29,317 | € -21,551 | ▼ € 50,868 |
| Equity | € 233,735 | € 246,059 | € 275,376 | € 253,826 | ▼ 8% |
| Total debts | € 97,913 | € 63,629 | € 105,713 | € 146,572 | ▲ 39% |
| Cash | € 95,251 | € 37,081 | € 93,795 | € 41,344 | ▼ 56% |
| Retained profit | € 227,535 | € 239,859 | € 269,176 | € 247,626 | ▼ 8% |
| Bank debt | € 11,022 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 331,649 | € 309,688 | € 381,089 | € 400,397 | ▲ 5% |
Key figures of ZieCo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to ZieCo?
What happened at ZieCo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,551 (▼ € 50,868 vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,531 profit in 2022 to € 21,551 loss in 2025.
Paid € 41,226 in corporate taxes since 2022.
Best year ever: 2022, with € 31,531 profit.
Management
Behind ZieCo is Hamesu BV. Hamesu BV is also behind MEGAREST, AlTaco, MalTaco and ZieBri.
Establishments
Establishment units
Physical locations of this company
Brusselsestraat 130
3000 Leuven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0501.490.592
- VAT number
- BE 0501.490.592
- Registered office
- Brusselsestraat 130, 3000 Leuven
- Names & denominations
- ZieCo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 2012
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)