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 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ZW from Gent, company number BE0767432029, closed financial year 2025 with a result of € 13,324 after tax. For that financial year ZW recorded a gross margin of € 57,367 and equity of € 108,363. Compared with financial year 2024, the result moved from € 6,460 to € 13,324. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 108,363
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,324
▲ 106% vs 2024
Profit after tax over the fiscal year.
€ 5,731
▲ 1% 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 € -86,637.
People and assets in 2025
€ 746
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 978,117
▼ 4% vs 2024
€ 42,188 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 748
▲ € 721 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,692 | € 31,319 | € 51,045 | € 57,367 | ▲ 12% |
| Profit after taxes | € -53,855 | € -12,419 | € 6,460 | € 13,324 | ▲ 106% |
| Equity | € 100,998 | € 88,579 | € 95,038 | € 108,363 | ▲ 14% |
| Total debts | € 1,105,821 | € 1,083,343 | € 1,041,300 | € 1,003,240 | ▼ 4% |
| Cash | € 23,081 | € 7,506 | € 5,656 | € 5,731 | ▲ 1% |
| Land & buildings | € 1,168,111 | € 1,154,501 | € 1,128,597 | € 1,102,694 | ▼ 2% |
| Retained profit | € -94,002 | € -106,421 | € -99,962 | € -86,637 | ▲ € 13,324 |
| Bank debt | € 1,100,390 | € 1,060,330 | € 1,019,593 | € 978,117 | ▼ 4% |
| Balance sheet total | € 1,206,818 | € 1,171,921 | € 1,136,339 | € 1,111,602 | ▼ 2% |
Key figures of ZW, 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 ZW?
What happened at ZW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,324 (▲ 106% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,855 loss in 2022 to € 13,324 profit in 2025.
Best year ever: 2025, with € 13,324 profit.
Management
Behind ZW are An-Sofie Vanherp, Vincent Vanherp and Ellen Troucheau. An-Sofie Vanherp is also behind JMF. Ellen Troucheau is also behind JMF.
Establishments
Establishment units
Physical locations of this company
Koophandelsplein 32
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0767.432.029
- VAT number
- BE 0767.432.029
- Registered office
- Koophandelsplein 32, 9000 Gent
- Names & denominations
- ZW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2021
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- [email protected]