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 2 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Vidović Retail Zelzate from Zelzate, company number BE0782259369, closed financial year 2024 with a result of € -215,198 after tax. For that financial year Vidović Retail Zelzate recorded a gross margin of € 1.5 million and equity of € -384,582. Compared with financial year 2023, the result moved from € -175,090 to € -215,198. 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 October 23, 2025.
€ -384,582
▼ € 215,198 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -215,198
▼ 23 % more loss than in 2023
Profit after tax over the fiscal year.
€ 235,721
▼ 46% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -387,582.
People and assets in 2024
30
▲ 1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 12% vs 2023
€ 36,600 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.
€ 2,918
▲ 7% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2 million
▼ 13% vs 2023
€ 412,858 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 523,999
▼ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 321,952
▼ 19% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 926,722 | € 1,269,111 | € 1,504,436 | ▲ 19% |
| Profit after taxes | € 2,706 | € -175,090 | € -215,198 | ▼ € 40,107 |
| Equity | € 5,706 | € -169,385 | € -384,582 | ▼ € 215,198 |
| Total debts | € 3,428,943 | € 3,418,285 | € 2,898,122 | ▼ 15% |
| Cash | € 332,981 | € 432,592 | € 235,721 | ▼ 46% |
| Land & buildings | € 1,398,001 | € 1,250,740 | € 1,103,480 | ▼ 12% |
| Retained profit | € 2,706 | € -172,385 | € -387,582 | ▼ € 215,198 |
| Bank debt | € 2,622,574 | € 2,325,847 | € 2,030,822 | ▼ 13% |
| Balance sheet total | € 3,434,649 | € 3,248,901 | € 2,513,540 | ▼ 23% |
| Employees (FTE) | - | 29 | 30 | ▲ 1 |
Key figures of Vidović Retail Zelzate, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Vidović Retail Zelzate?
What happened at Vidović Retail Zelzate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 215,198. filed late Source: NBB ↗
- New establishment in Zelzate. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,706 profit in 2022 to € 215,198 loss in 2024.
Paid € 149 in corporate taxes since 2022.
Best year ever: 2022, with € 2,706 profit.
On average € 50,100 of value added per employee in 2024.
Management
The stake of Vidović Retail Groep comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Vidović Retail ZelzateBehind Vidović Retail Zelzate is Vidović Retail Groep. The shares are held by Vidović Retail Groep (100%).
Directors
According to the 2024 annual accounts
Director · represented by Vidović DANIJEL
Also active at: Vidovic Retail Maldegem
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Assenedesteenweg 117
9060 Zelzate
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0782.259.369
- VAT number
- BE 0782.259.369
- Registered office
- Assenedesteenweg 117, 9060 Zelzate
- Names & denominations
- Vidović Retail Zelzate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 2022
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)