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 4 of the last 4 fiscal years.
Financials
Financial year 2024
'T ZAND from Koksijde, company number BE0872708208, closed financial year 2024 with a result of € 93,614 after tax. For that financial year 'T ZAND recorded a gross margin of € 746,116 and equity of € -125,187. Compared with financial year 2023, the result moved from € 5,626 to € 93,614. 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 August 28, 2025.
€ -125,187
▲ € 93,614 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 93,614
▲ € 87,988 vs 2023
Profit after tax over the fiscal year.
€ 207,116
▲ 16% 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 € -131,387.
People and assets in 2024
€ 587,077
▲ 15% 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.
€ 52,783
▲ 169% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 310,211
▼ 5% vs 2023
€ 6,084 is repaid this year. At this pace the long-term loan is gone in ≈ 51 years.
€ 187,300
▼ 28% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 98,113
▲ 92% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 428,553 | € 498,593 | € 564,629 | € 746,116 | ▲ 32% |
| Profit after taxes | € 137,893 | € -32,148 | € 5,626 | € 93,614 | ▲ € 87,988 |
| Equity | € -192,279 | € -224,427 | € -218,801 | € -125,187 | ▲ € 93,614 |
| Total debts | € 803,285 | € 897,571 | € 927,147 | € 935,340 | ▲ 1% |
| Cash | € 148,915 | € 195,107 | € 178,895 | € 207,116 | ▲ 16% |
| Retained profit | € -198,479 | € -230,627 | € -225,001 | € -131,387 | ▲ € 93,614 |
| Bank debt | € 398,761 | € 364,752 | € 324,892 | € 310,211 | ▼ 5% |
| Balance sheet total | € 611,006 | € 673,144 | € 708,346 | € 810,153 | ▲ 14% |
| Employees (FTE) | 9.8 | - | - | - |
By gross margin, 'T ZAND ranks 14th of 83 companies with main activity “Activiteiten van eetgelegenheden met volledige bediening” in Koksijde that publish figures (fiscal year 2024).
Key figures of 'T ZAND, 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.
Ask about 'T ZAND the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to 'T ZAND?
What happened at 'T ZAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 93,614 (▲ € 87,988 vs 2023). filed late Source: NBB ↗
- Celine Lasat became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Koksijde. KBO
- Jan Stockelynck became a director. NBB
In short
From € 137,893 profit in 2021 to € 93,614 profit in 2024.
Paid € 13,453 in corporate taxes since 2021.
Best year ever: 2021, with € 137,893 profit.
On average € 43,700 of value added per employee in 2021.
Management
Behind 'T ZAND are Celine Lasat and Jan Stockelynck. Jan Stockelynck is also behind PATRIMONIUM 't ZAND.
Directors
According to the 2024 annual accounts
Celine Lasat
Director
since 2023
since 2005
Establishments
Establishment units
Physical locations of this company
Zeedijk(Kok) 443
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Koksijde
Same main activity (Activiteiten van eetgelegenheden met volledige bediening), 105 active companies in Koksijde, largest first.
€ 1.9 million gross margin · 2025
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€ 1.8 million gross margin · 2025
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€ 1.4 million gross margin · 2025
€ 1.4 million gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- STOCKELYNCK Jan Willy Luk(oprichter) 50%
- LOONES Steven(oprichter) 50%
Details
- Company number
- 0872.708.208
- VAT number
- BE 0872.708.208
- Registered office
- Zeedijk(Kok) 443, 8670 Koksijde
- Names & denominations
- 'T ZAND
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2005
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met volledige bediening
Eetgelegenheden met beperkte bediening