Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3.4 to 2.2.
Financials
Financial year 2025
ZELCO LOGISTICS from Lievegem, company number BE0879382796, closed financial year 2025 with a result of € 3,674 after tax. For that financial year ZELCO LOGISTICS recorded a gross margin of € 288,747 and equity of € 133,572. Compared with financial year 2024, the result moved from € 38,769 to € 3,674. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 133,572
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,674
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 59,371
▲ 30% 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 € 71,572.
People and assets in 2025
2.2
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 240,981
▼ 10% vs 2024
€ 109,500 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.
€ 509
▼ 91% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,793
▼ 27% vs 2024
€ 10,281 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 100,255
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,789
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 222,123 | € 316,575 | € 358,099 | € 288,747 | ▼ 19% |
| Profit after taxes | € 16,842 | € 1,654 | € 38,769 | € 3,674 | ▼ 91% |
| Equity | € 156,515 | € 129,130 | € 129,898 | € 133,572 | ▲ 3% |
| Total debts | € 309,175 | € 330,613 | € 385,723 | € 289,000 | ▼ 25% |
| Cash | € 65 | € 11,217 | € 45,600 | € 59,371 | ▲ 30% |
| Retained profit | € 94,515 | € 67,130 | € 67,898 | € 71,572 | ▲ 5% |
| Dividend | € 0 | € 29,040 | € 38,000 | € 0 | ▼ 100% |
| Bank debt | € 43,370 | € 66,841 | € 35,552 | € 25,793 | ▼ 27% |
| Balance sheet total | € 465,690 | € 459,743 | € 515,621 | € 422,572 | ▼ 18% |
| Employees (FTE) | 2.8 | 3.4 | 2.7 | 2.2 | ▼ 0.5 |
Key figures of ZELCO LOGISTICS, 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 ZELCO LOGISTICS?
What happened at ZELCO LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ALFONS VAN ZELE stepped down as director. NBB
- PIETER VAN ZELE stepped down as director. NBB
- NICOLE STANDAERT stepped down as director. NBB
- KAREL VAN ZELE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3,674 (▼ 91% vs 2024). Source: NBB ↗
- ALFONS VAN ZELE became a director. NBB
- PIETER VAN ZELE became a director. NBB
- NICOLE STANDAERT became a director. NBB
In short
From € 16,842 profit in 2022 to € 3,674 profit in 2025.
Paid € 27,644 in corporate taxes since 2022.
Best year ever: 2024, with € 38,769 profit.
On average € 131,200 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
KAREL VAN ZELE
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Weststraat 119
9950 Lievegem
Sportlaan 1
9900 Eeklo
Active since 1 July 2016
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
- 0879.382.796
- VAT number
- BE 0879.382.796
- Registered office
- Weststraat 119, 9950 Lievegem
- Names & denominations
- ZELCO LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2006
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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