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 33 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
H ET Z from Ukkel, company number BE0862336037, closed financial year 2025 with a result of € 124,308 after tax. For that financial year H ET Z recorded revenue of € 594,767 and equity of € 189,966. Compared with financial year 2024, the result moved from € 24,955 to € 124,308. 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 January 28, 2026.
€ 189,966
▲ 189% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 124,308
▲ € 99,354 vs 2024
Profit after tax over the fiscal year.
€ 149,620
▲ 141% 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 € 127,466.
People and assets in 2025
€ 2,146
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▲ 18% vs 2024
€ 231,169 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 176,396
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,306
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 125,901 | € 365,034 | € 509,737 | € 594,767 | ▲ 17% |
| Gross margin | € 113,657 | € 232,520 | € 326,304 | € 408,025 | ▲ 25% |
| Profit after taxes | € 109,053 | € -69,366 | € 24,955 | € 124,308 | ▲ € 99,354 |
| Equity | € 110,069 | € 40,703 | € 65,658 | € 189,966 | ▲ 189% |
| Total debts | € 2,305,031 | € 2,343,943 | € 3,039,893 | € 3,427,326 | ▲ 13% |
| Cash | € 112,303 | € 89,929 | € 62,090 | € 149,620 | ▲ 141% |
| Land & buildings | € 2,231,783 | € 2,101,266 | € 2,859,399 | € 3,204,113 | ▲ 12% |
| Retained profit | € 47,569 | € -21,797 | € 3,158 | € 127,466 | ▲ € 124,308 |
| Bank debt | € 1,577,043 | € 1,684,194 | € 2,056,221 | € 2,424,202 | ▲ 18% |
| Balance sheet total | € 2,415,100 | € 2,384,646 | € 3,105,550 | € 3,617,292 | ▲ 16% |
Key figures of H ET Z, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to H ET Z?
What happened at H ET Z in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patricia HERZMAN stepped down as director. NBB
- DAN ZATALOVSKI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 124,308 (▲ € 99,354 vs 2024). Source: NBB ↗
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Patricia HERZMAN became a director. NBB
- DAN ZATALOVSKI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 109,053 profit in 2022 to € 124,308 profit in 2025.
Paid € 0 in corporate taxes since 2022.
Best year ever: 2025, with € 124,308 profit.
Management
Directors
According to the 2025 annual accounts
Patricia HERZMAN
Director
since 2022 · until 2028
DAN ZATALOVSKI
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Sterrewachtlaan 7
1180 Ukkel
Ruslandstraat 43
1060 Sint-Gillis (bij-Brussel)
Active since 1 December 2025
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
- 0862.336.037
- VAT number
- BE 0862.336.037
- Registered office
- Sterrewachtlaan 7, 1180 Ukkel
- Names & denominations
- H ET Z
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2003
- Peppol
- Active · Active since 10 Jun 2025
- Activities · NACE
Gites, vakantiewoningen en -appartementen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen