What does GARZINI do?

GARZINI is a shop in Herzele. Private Limited, started on 3 November 2015, 1 establishment.

What is the address of GARZINI?

The registered office of GARZINI is located at Winkelstraat 36D, 9550 Herzele.

Is GARZINI still active?

Yes. According to the CBE (31 October 2026) GARZINI is active, legal situation “Normale toestand”, started on 3 November 2015.

Is GARZINI registered on Peppol?

Yes, GARZINI is registered on the Peppol network with ID 0208:0642624604.

What is the enterprise number of GARZINI?

The enterprise number of GARZINI is BE0642624604.

When was GARZINI founded?

GARZINI was founded on 3 November 2015.

Who are the directors of GARZINI?

According to the 2025 annual accounts, the directors of GARZINI are: Christophe De Smet.

Is GARZINI a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 November 2015; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GARZINI make in 2025?

GARZINI recorded a loss after taxes of € 9,374 in financial year 2025.

What is the revenue of GARZINI?

As a small company, GARZINI is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 169,975.

How much does an employee at GARZINI earn?

The average wage cost per full-time employee at GARZINI was € 44,000 in 2025: staff costs of € 87,968 for 2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GARZINI have?

According to the 2025 annual accounts, GARZINI has 2 full-time equivalents (FTE).

GARZINI (Private Limited) - Herzele - BE0642624604

Dossier GARZINI, printed on 31 October 2026 from databakkes.be/en/0642624604/garzini. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 3.2 to 2.

Financials

Financial year 2025

GARZINI from Herzele, company number BE0642624604, closed financial year 2025 with a result of € -9,374 after tax. For that financial year GARZINI recorded a gross margin of € 169,975 and equity of € 130,900. Compared with financial year 2024, the result moved from € 92,191 to € -9,374. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Healthy

€ 130,900

▼ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -9,374

▼ still € 92,191 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 138,993

▲ 35% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 108,300.

People and assets in 2025

Full-time equivalents

▼ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 87,968

▼ 34% vs 2024

€ 44,000 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.

Vehicles and equipment

€ 25,392

▼ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 117,144

▼ 35% vs 2024

€ 21,433 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 79,226

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 127,275

▲ € 96,190 vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 155,375 Gross margin 2022: € 155,375 First fiscal year in the series	€ 86,434 Gross margin 2023: € 86,434 ▼ 44% vs 2022 (€ 155,375) Unfavourable step	€ 270,910 Gross margin 2024: € 270,910 ▲ 213% vs 2023 (€ 86,434) Favourable step	€ 169,975 Gross margin 2025: € 169,975 ▼ 37% vs 2024 (€ 270,910) Unfavourable step	▼ 37%
Profit after taxes	€ 2,399 Profit after taxes 2022: € 2,399 First fiscal year in the series	€ -109,639 Profit after taxes 2023: € -109,639 ▼ € 112,037 vs 2022 (€ 2,399) Unfavourable step	€ 92,191 Profit after taxes 2024: € 92,191 ▲ € 201,829 vs 2023 (€ -109,639) Favourable step	€ -9,374 Profit after taxes 2025: € -9,374 ▼ € 101,565 vs 2024 (€ 92,191) Unfavourable step	▼ € 101,565
Equity	€ 157,722 Equity 2022: € 157,722 First fiscal year in the series	€ 48,084 Equity 2023: € 48,084 ▼ 70% vs 2022 (€ 157,722) Unfavourable step	€ 140,275 Equity 2024: € 140,275 ▲ 192% vs 2023 (€ 48,084) Favourable step	€ 130,900 Equity 2025: € 130,900 ▼ 7% vs 2024 (€ 140,275) Unfavourable step	▼ 7%
Total debts	€ 473,010 Total debts 2022: € 473,010 First fiscal year in the series	€ 406,555 Total debts 2023: € 406,555 ▼ 14% vs 2022 (€ 473,010) Favourable step	€ 301,772 Total debts 2024: € 301,772 ▼ 26% vs 2023 (€ 406,555) Favourable step	€ 330,996 Total debts 2025: € 330,996 ▲ 10% vs 2024 (€ 301,772) Unfavourable step	▲ 10%
Cash	€ 277,054 Cash 2022: € 277,054 First fiscal year in the series	€ 77,906 Cash 2023: € 77,906 ▼ 72% vs 2022 (€ 277,054) Unfavourable step	€ 102,897 Cash 2024: € 102,897 ▲ 32% vs 2023 (€ 77,906) Favourable step	€ 138,993 Cash 2025: € 138,993 ▲ 35% vs 2024 (€ 102,897) Favourable step	▲ 35%
Retained profit	€ 135,122 Retained profit 2022: € 135,122 First fiscal year in the series	€ 25,484 Retained profit 2023: € 25,484 ▼ 81% vs 2022 (€ 135,122) Unfavourable step	€ 117,675 Retained profit 2024: € 117,675 ▲ € 92,191 vs 2023 (€ 25,484) Favourable step	€ 108,300 Retained profit 2025: € 108,300 ▼ 8% vs 2024 (€ 117,675) Unfavourable step	▼ 8%
Bank debt	€ 331,012 Bank debt 2022: € 331,012 First fiscal year in the series	€ 245,398 Bank debt 2023: € 245,398 ▼ 26% vs 2022 (€ 331,012) Favourable step	€ 179,031 Bank debt 2024: € 179,031 ▼ 27% vs 2023 (€ 245,398) Favourable step	€ 117,144 Bank debt 2025: € 117,144 ▼ 35% vs 2024 (€ 179,031) Favourable step	▼ 35%
Balance sheet total	€ 630,733 Balance sheet total 2022: € 630,733 First fiscal year in the series	€ 454,639 Balance sheet total 2023: € 454,639 ▼ 28% vs 2022 (€ 630,733) Unchanged	€ 442,047 Balance sheet total 2024: € 442,047 ▼ 3% vs 2023 (€ 454,639) Unchanged	€ 461,896 Balance sheet total 2025: € 461,896 ▲ 4% vs 2024 (€ 442,047) Unchanged	▲ 4%
Employees (FTE)	2.7 Employees (FTE) 2022: 2.7 First fiscal year in the series	3.2 Employees (FTE) 2023: 3.2 ▲ 0.5 vs 2022 (2.7) Unchanged	2.6 Employees (FTE) 2024: 2.6 ▼ 0.6 vs 2023 (3.2) Unchanged	2 Employees (FTE) 2025: 2 ▼ 0.6 vs 2024 (2.6) Unchanged	▼ 0.6

Key figures of GARZINI, 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 GARZINI?

What happened at GARZINI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 29, 2026 New annual accounts for financial year 2025: loss of € 9,374 (▼ € 101,565 vs 2024). Source: NBB ↗
Nov 5, 2015 New establishment in Gent. KBO
Nov 3, 2015 Start of the company according to the CBE. KBO
2015 Christophe De Smet became a director. NBB

In short

From € 2,399 profit in 2022 to € 9,374 loss in 2025.

Paid € 3,551 in corporate taxes since 2022.

Best year ever: 2024, with € 92,191 profit.

On average € 85,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Christophe De Smet

GARZINI

Behind GARZINI is Christophe De Smet.

Directors

According to the 2025 annual accounts

Christophe De Smet

Director

since 2015

Establishments

Establishment units

Physical locations of this company

Registered office

Winkelstraat 36D

9550 Herzele

2.246.996.684

Tapuitstraat 9

9000 Gent

Active since 5 November 2015

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0642.624.604

VAT number

BE 0642.624.604

Registered office

Winkelstraat 36D, 9550 Herzele

Names & denominations

GARZINI

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 November 2015

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Overige niet-gespecialiseerde detailhandel

Groothandel in lederwaren en reisartikelen

Detailhandel via postorderbedrijven of via internet

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren

Groothandel in kledingaccessoires

Detailhandel in lederwaren en reisartikelen

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

GARZINI

Warning lights

Financials

What happened to GARZINI?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions