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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2024; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
THE ZONE from Gent, company number BE0859777811, closed financial year 2024 with a result of € 68,836 after tax. For that financial year THE ZONE recorded a gross margin of € 165,208 and equity of € -106,335. Compared with financial year 2023, the result moved from € 24,347 to € 68,836. Profitable, and profit is growing. 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 22, 2025.
€ -106,335
▲ € 68,836 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,836
▲ 183% vs 2023
Profit after tax over the fiscal year.
€ 55,254
▲ 54% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -168,335.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 47,021
▲ 12% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,755
▼ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 68,995
▼ 17% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 22,972
▲ 93% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 100,980 | € 60,844 | € 94,288 | € 165,208 | ▲ 75% |
| Profit after taxes | € 53,594 | € -299,439 | € 24,347 | € 68,836 | ▲ 183% |
| Equity | € 99,921 | € -199,518 | € -175,171 | € -106,335 | ▲ € 68,836 |
| Total debts | € 412,371 | € 431,936 | € 455,350 | € 404,406 | ▼ 11% |
| Cash | € 6,153 | € 28,297 | € 35,888 | € 55,254 | ▲ 54% |
| Retained profit | € 37,921 | € -261,518 | € -237,171 | € -168,335 | ▲ € 68,836 |
| Bank debt | € 521 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 512,291 | € 232,417 | € 280,178 | € 298,071 | ▲ 6% |
Key figures of THE ZONE, fiscal years 2021 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 THE ZONE?
What happened at THE ZONE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hendrik Van Heysbroeck stepped down as director. NBB
- Paul Van Heysbroeck stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 68,836 (▲ 183% vs 2023). Source: NBB ↗
- Dimitri Pieters became a director. NBB
- Hendrik Van Heysbroeck became a director. NBB
- Paul Van Heysbroeck became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,594 profit in 2021 to € 68,836 profit in 2024.
Paid € 12,403 in corporate taxes since 2021.
Best year ever: 2024, with € 68,836 profit.
Management
Behind THE ZONE is Dimitri Pieters. Dimitri Pieters is also behind Doradas.
Establishments
Establishment units
Physical locations of this company
Voskenslaan 135
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0859.777.811
- VAT number
- BE 0859.777.811
- Registered office
- Voskenslaan 135, 9000 Gent
- Names & denominations
- THE ZONE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2003
- Peppol
- Active · Active since 22 Aug 2024
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