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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 24.2 to 21.
Financials
Financial year 2025
Who Owns The Zebra from Gent, company number BE0558978534, closed financial year 2025 with a result of € -204,817 after tax. For that financial year Who Owns The Zebra recorded a gross margin of € 1.3 million and equity of € -110,381. Compared with financial year 2024, the result moved from € -1,481 to € -204,817. 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 July 14, 2026.
€ -110,381
▼ € 204,817 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -204,817
▼ 13725 % more loss than in 2024
Profit after tax over the fiscal year.
€ 267,014
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -135,181.
People and assets in 2025
21
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 16% vs 2024
€ 72,700 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.
€ 13,433
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 142,946
▲ 175% vs 2024
€ 2,353 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 192,590
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 354,966
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,646,539 | € 1,603,576 | € 1,876,721 | € 1,347,489 | ▼ 28% |
| Profit after taxes | € 79,887 | € -56,872 | € -1,481 | € -204,817 | ▼ € 203,335 |
| Equity | € 561,058 | € 504,186 | € 94,435 | € -110,381 | ▼ € 204,817 |
| Total debts | € 1,361,409 | € 1,112,827 | € 1,282,864 | € 1,078,908 | ▼ 16% |
| Cash | € 320,958 | € 33,383 | € 448,620 | € 267,014 | ▼ 40% |
| Land & buildings | € 793,598 | € 768,943 | - | - | |
| Retained profit | € 554,858 | € 497,986 | € 69,635 | € -135,181 | ▼ € 204,817 |
| Bank debt | € 655,185 | € 571,617 | € 52,072 | € 142,946 | ▲ 175% |
| Balance sheet total | € 1,922,467 | € 1,617,013 | € 1,377,299 | € 968,527 | ▼ 30% |
| Employees (FTE) | 25 | 24.2 | 21.2 | 21 | ▼ 0.2 |
Key figures of Who Owns The Zebra, 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 Who Owns The Zebra?
What happened at Who Owns The Zebra in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 204,817. Source: NBB ↗
- Edzimbi De Bock became a director. NBB
- 62MILES BV became a director. NBB
- Todts BV became a director. NBB
- All Things Yellow BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,887 profit in 2022 to € 204,817 loss in 2025.
Paid € 63,572 in corporate taxes since 2022.
Best year ever: 2022, with € 79,887 profit.
On average € 64,200 of value added per employee in 2025.
Management
The stake of 62MILES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Who Owns The ZebraBehind Who Owns The Zebra are Edzimbi De Bock, Todts BV, All Things Yellow BV and 62MILES BV. The shares are held by 62MILES (100%).
Directors
According to the 2025 annual accounts
since 2024
Director · represented by Christophe Todts
since 2019
Director · represented by Sander Versluys
since 2019
Director · represented by Geert Bogaert
Also active at: CODE D'OR, Fantastic, MORTIERBRIGADE, MEET MARCEL
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Amelia Earhartlaan 2/401
9051 Gent
Amelia Earhartlaan 2 box 401
9051 Gent
Active since 12 August 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0558.978.534
- VAT number
- BE 0558.978.534
- Registered office
- Amelia Earhartlaan 2/401, 9051 Gent
- Names & denominations
- Who Owns The Zebra · WOTZ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 2014
- Peppol
- Active · Active since 16 Oct 2025
- Contact
- whoownsthezebra.be 0497407901
- Activities · NACE
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