DE ZOUTER CONSTRUCT
InactiveOverview
Overview
Official details
Source: KBO- Status
- Absorbed by TRIPLE E BV merger by absorption, June 2024
- Activity
- “Het tussenkomen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer…” (deed in Dutch)From the articles, 20 activitiesNo NACE code in the KBO yet
- Financial year end
- 13 June
- Peppol
- Not found in the Peppol Directory
Board and ownership
Last known board
- Claeys EricDirector · until 2024
Shareholders
- TRIPLE E· score 83act of 27-03-2024
Financial position
No score
Annual accounts to 13-06-2024
- Gross margin
- €42,394
- ▲ 197%
- Turnover
- ≈ €150,000
- estimated
- Profit
- €30,178
- ▲ 235%
- Equity
- €196,283
- ▲ 18.2%
- Total assets
- €611,095
- ▲ 6.4%
Financials
Financials · financial year 2024, abbreviated format
2024 annual accounts filed 17 days after the deadline Filed on 30 January 2025, deadline 13 January 2025 (7 months after the close on 13 June 2024, Companies Code art. 3:10). Source: NBB, 2025-00025247.
Annual accounts 2024 filed on 30-01-2025 PDF all 11 filings
Turnover
≈ €150,000
Estimated: probably between €80,000 and €290,000
Total assets
€611,095▲ 6.4%
2023 · €574,261
Net result
€30,178▲ 235%
2023 · €9,007
Working capital
€321,354▲ 8.6%
2023 · €295,908
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
€41,534
▲ 224%
2024
20182024
Net result
€30,178
▲ 235%
2024
20182024
Equity
€196,283
▲ 18.2%
2024
20182024
Total assets
€611,095
▲ 6.4%
2024
20182024
Debt
€414,813
▲ 1.6%
2024
20182024
Working capital
€321,354
▲ 8.6%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€37,679-€86,182▲ 129%€71,029▼ 17.6%€34,277▼ 51.7%€39,916▲ 16.5%€12,836▼ 67.8%€41,534▲ 224%
Net result€36,164-€70,406▲ 94.7%€60,588▼ 13.9%€29,601▼ 51.1%€33,069▲ 11.7%€9,007▼ 72.8%€30,178▲ 235%
Equity€110,434-€141,840▲ 28.4%€163,428▲ 15.2%€164,029▲ 0.4%€167,098▲ 1.9%€166,105▼ 0.6%€196,283▲ 18.2%
Total assets€504,449-€554,168▲ 9.9%€603,519▲ 8.9%€585,768▼ 2.9%€588,026▲ 0.4%€574,261▼ 2.3%€611,095▲ 6.4%
Debt€394,014-€412,327▲ 4.6%€440,091▲ 6.7%€421,739▼ 4.2%€420,928▼ 0.2%€408,156▼ 3.0%€414,813▲ 1.6%
Working capital€95,421-€266,904▲ 180%€310,251▲ 16.2%€296,260▼ 4.5%€307,075▲ 3.7%€295,908▼ 3.6%€321,354▲ 8.6%
The operating result for 2024 is over 3.2 times that of 2023. It is a recovery after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €611,095
Fixed assets
€259,737 ▼ 0.1%
Current assets
€351,358 ▲ 11.8%
Equity and liabilities €611,095
Equity
€196,283 ▲ 18.2%
Debt
€414,813 ▲ 1.6%
Debt's share of the balance-sheet total falls from 71.1% to 67.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41,723▲
2023 · €13,592
Cash flow
€30,367▲
2023 · €9,763
Current ratio
11.71▼
2023 · 17.06
Debt to equity
2.11▼
2023 · 2.46
ROE
15.4%▲
2023 · 5.4%
ROA
4.9%▲
2023 · 1.6%
Interest coverage
44.65▲
2023 · 3.55
Debt ≤ 1 year
€30,004▲
2023 · €18,427
Debt > 1 year
€384,808▼
2023 · €389,729
Income taxes
€10,421
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 13-06-2024 |
|---|---|---|---|---|
| Tangible fixed assets | €1,303 | €2,479 | - | - |
| Depreciation and write-downs of the year | €142 | €457 | €756 | €189 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,750 | - | - | €142 | €457 | €756 | €189 | ▼ 75.0% |
| Other operating charges640/8 | - | - | - | €996 | €540 | €661 | €672 | ▲ 1.6% |
| Gross operating margin9900 | €63,882 | €86,799 | €71,676 | €35,415 | €40,913 | €14,253 | €42,394 | ▲ 197% |
| Operating profit (loss)9901 | €37,679 | €86,182 | €71,029 | €34,277 | €39,916 | €12,836 | €41,534 | ▲ 224% |
| Financial income75/76B | - | - | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €4,513 | €6,014 | €3,829 | €934 | ▼ 75.6% |
| Recurring financial charges65 | €635 | €4,771 | €4,581 | €4,513 | €6,014 | €3,829 | €934 | ▼ 75.6% |
| Profit (loss) for the period before taxes9903 | €37,044 | €81,411 | €66,448 | €29,764 | €33,902 | €9,007 | €40,599 | ▲ 351% |
| Income taxes67/77 | €881 | €11,005 | €5,860 | €163 | €833 | - | €10,421 | - |
| Profit (loss) for the period9904 | €36,164 | €70,406 | €60,588 | €29,601 | €33,069 | €9,007 | €30,178 | ▲ 235% |
| Profit (loss) for the period to be appropriated9905 | €36,164 | €78,531 | €60,588 | €29,601 | €33,069 | €9,007 | €30,178 | ▲ 235% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €504,449 | €554,168 | €603,519 | €585,768 | €588,026 | €574,261 | €611,095 | ▲ 6.4% |
| Fixed assets21/28 | €257,500 | €257,500 | €257,500 | €258,661 | €260,682 | €259,926 | €259,737 | ▼ 0.1% |
| Tangible fixed assets22/27 | €257,500 | €257,500 | €257,500 | €258,661 | €260,682 | €259,926 | €259,737 | ▼ 0.1% |
| Land and buildings22 | - | - | - | €257,500 | €257,500 | €257,500 | €257,500 | = |
| Plant, machinery and equipment23 | - | - | - | €1,161 | €900 | €640 | €574 | ▼ 10.2% |
| Furniture and vehicles24 | - | - | - | - | €2,282 | €1,786 | €1,662 | ▼ 6.9% |
| Current assets29/58 | €246,949 | €296,668 | €346,019 | €327,108 | €327,344 | €314,335 | €351,358 | ▲ 11.8% |
| Amounts receivable within one year40/41 | €245,531 | €294,678 | €344,480 | €326,915 | €326,816 | €313,668 | €350,187 | ▲ 11.6% |
| Other amounts receivable41 | - | - | - | €326,915 | €326,816 | €313,668 | €350,187 | ▲ 11.6% |
| Cash at bank and in hand54/58 | €1,417 | €1,989 | €1,539 | €193 | €528 | €667 | €1,171 | ▲ 75.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €504,449 | €554,168 | €603,519 | €585,768 | €588,026 | €574,261 | €611,095 | ▲ 6.4% |
| Equity10/15 | €110,434 | €141,840 | €163,428 | €164,029 | €167,098 | €166,105 | €196,283 | ▲ 18.2% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €91,834 | €123,240 | €144,828 | €145,429 | €148,498 | €147,505 | €177,683 | ▲ 20.5% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €143,569 | €146,638 | €145,645 | €175,823 | ▲ 20.7% |
| Amounts payable17/49 | €394,014 | €412,327 | €440,091 | €421,739 | €420,928 | €408,156 | €414,813 | ▲ 1.6% |
| Amounts payable after more than one year17 | €242,487 | €382,564 | €404,323 | €390,892 | €400,659 | €389,729 | €384,808 | ▼ 1.3% |
| Financial debts170/4 | - | - | - | €390,892 | €400,659 | €389,729 | €384,808 | ▼ 1.3% |
| Amounts payable within one year42/48 | €151,527 | €29,764 | €35,768 | €30,847 | €20,270 | €18,427 | €30,004 | ▲ 62.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15,731 | €16,028 | €16,330 | €16,406 | ▲ 0.5% |
| Trade debts44 | €500 | €2,574 | €3,463 | €6,324 | €2,886 | €1,264 | €3,177 | ▲ 151% |
| Suppliers440/4 | - | - | - | €6,324 | €2,886 | €1,264 | €3,177 | ▲ 151% |
| Taxes, remuneration and social security45 | - | - | - | €8,792 | €1,356 | €833 | €10,421 | ▲ 13× |
| Taxes450/3 | - | - | - | €8,792 | €1,356 | €833 | €10,421 | ▲ 13× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,164 | €70,406 | €60,588 | €29,601 | €33,069 | €9,007 | €30,178 | ▲ 235% |
| + Depreciation and write-downs630 | €25,750 | - | - | €142 | €457 | €756 | €189 | ▼ 75.0% |
| Operating cash flow (approximation) | €61,914 | €70,406 | €60,588 | €29,743 | €33,526 | €9,763 | €30,367 | ▲ 211% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,303 | -€2,479 | €0 | €0 | - |
| Change in cash | - | €572 | -€450 | -€1,346 | €335 | €139 | €504 | ▲ 262% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 13-06-2024 | abbreviated format | 30-01-2025 | 2025-00025247 | |
| 31-12-2023 | abbreviated format | 12-03-2024 | 2024-00042984 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00415757 | |
| 31-12-2021 | abbreviated format | 29-08-2022 | 2022-20333191 | |
| 31-12-2020 | abbreviated format | 30-07-2021 | 2021-43700273 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-47600025 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-60100264 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-41100152 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57000433 | |
| 31-12-2015 | abbreviated format | 02-11-2016 | 2016-67300092 |
Board & ownership
Directors
Directors
Last change in 2024
Owners and capital
Shareholders
1 ownerOwners 1
- Equity €62,427 Profit of €13,012 in 2025 (profit of €39,308 in 2024) Checked score 83share not stated
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 15-07-2024 ↗
- Triple E all shares
Stated in the act
act of 27-03-2024 ↗
- TRIPLE E BV (BE 0478.123.589) 100 shares
Capital over time
- 27-03-2024 Capital stated in the deed · €18,600 · 100 shares
Mandate history
1 person, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Claeys Eric |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1”
Articles of association, deed of 27-03-2024 (in Dutch)
Network & group
Acquisitions and mergers
1 transactionTaken over by:TRIPLE E BV
Connections & network
The network starts from the shareholders of DE ZOUTER CONSTRUCT. Every company they also own or run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
2025
30-01
abbreviated format · 17 days late
2024
15-07
Gazette deed
Merger: absorbed by Triple EResignation: Claeys Eric (director) · Declaration · Shareholding10 points ▸
Gazette deed
Merger: absorbed by Triple E
Resignation: Claeys Eric (director) · Declaration · Shareholding10 points ▸
- General meeting, 13-06-2024
- Other provision, “ondernemingsrechtbank te Gent, afdeling Veurne, voldoen aan voorafgaande wettelijke vereisten” (deed in Dutch)
- Declaration, “verzaking terbeschikkingstelling stukken, aandeelhouders van beide vennootschappen” (deed in Dutch)
- Other provision, “geen belangrijke wijzingen in activa en passiva, vanaf datum opstellen fusievoorstel tot op heden” (deed in Dutch)
- Merger, “fusievoorstel goedgekeurd, gehele vermogen, zowel rechten als verplichtingen” (deed in Dutch)
- Triple E holds all the shares
- Accounting effect, 01-04-2024
- Real estate, “perceel grond met opstallen” (deed in Dutch)
- Director resignation, Claeys Eric (director)
- Director discharge, Claeys Eric (director)
27-03
Gazette deed
Merger proposal: to be absorbed by TRIPLE E BVPermanent representative: Eric CLAEYS · Name clause · Capital19 points ▸
Gazette deed
Merger proposal: to be absorbed by TRIPLE E BV
Permanent representative: Eric CLAEYS · Name clause · Capital19 points ▸
- Merger, “geruisloze fusie door overneming, bestuurders van beide vennootschappen” (deed in Dutch)
- Other provision, “aanverwante of/en complementaire activiteiten, fusiemotief en bedrijfsgeheel” (deed in Dutch)
- Other provision, “Artikel 12:7 WVV geruisloze fusie door overneming bij houdster al hun aandelen en andere stemrechtverlenende effecten na ontbinding zonder vereffening, Artikel…” (deed in Dutch)
- Name clause, TRIPLE E
- Board composition, “bestuurder”, 1 (deed in Dutch)
- Permanent representative, Eric CLAEYS
- Capital, €18,600, mentioned 2 times in the deed
- Registered office clause, “Zouterweg 8,8670 Koksijde” (deed in Dutch)
- Eric CLAEYS holds 50 shares
- Marina LOUAGIE holds 50 shares
- Other provision, “overdragende vennootschap, rol fusievennootschap” (deed in Dutch)
- Name clause, DE ZOUTER CONSTRUCT BV
- The act holds 7 more points.
12-03
abbreviated format · 141 days before the deadline
2023
31-12
Financial
Weakest financial yearnet €9,007 ▼72.8%
The net result drops to €9,007, the lowest from 2018 to 2024.
30-08
micro format · 30 days late
2022
29-08
abbreviated format · 29 days late
2021
30-07
abbreviated format · 1 day before the deadline
2020
31-12
Financial
Equity above €150,000equity €163,428 ▲15.2%
With a profit in every financial year since 2018, equity grows to €163,428.
28-08
micro format · 28 days late
2019
31-12
Financial
Highest result from 2018 to 2024net €70,406 ▲94.7%
The operating result of €86,182 and the net result of €70,406 are both a record.
31-12
Financial
Liquidity more than 6 timescurrent ratio 9.97
The current ratio rises from 1.63 to 9.97. Short-term debt falls from €151,527 to €29,764.
Show earlier events
30-08
micro format · 30 days late
2018
31-07
micro format · on the deadline day
2017
31-08
micro format · 31 days late
2016
02-11
abbreviated format · 94 days late
2013
06-12
5 publications in the Belgian Official Gazette, the last on 15-07-2024
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Absorbed by TRIPLE E BV in June 2024
DE ZOUTER CONSTRUCT is no longer in the KBO register. TRIPLE E BV took it over in a merger by absorption, published in the Belgian Official Gazette on 15 July 2024.
- Status
- Inactive
- Reason
- Merger by absorption"silent merger", Belgian Official Gazette, 15 July 2024 · act
- Absorbed by
- TRIPLE E BV · 0478.123.589
- Last annual accounts
- financial year to 13 June 2024
- Last registered office
- Zouterweg 8, 8670 Oostduinkerkeas published on 15 July 2024
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2014
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het tussenkomen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer het uitoefenen van mandaten van…”
20 activities
- Het tussenkomen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer het uitoefenen van mandaten van bestuur,zaakvoerder,directeur of vereffenaar.
- Studie-,organisatie en raadgevend bureau inzake juridische,financiële,handels- bedrijfseconomische of sociale aangelegenheden met inbegrip van alle handelingen die verband houden met advies,documentatie en publicatie over juridische,sociale,economisch en financiële problemen.
- Het begeleiden van bedrijven op het gebied van handel,nijverheid en administratie,het verrichten van secretariaatswerkzaamheden,het domiciliëren van bedrijven,het ter beschikking stellen van kantoren,magazijnen en fabricageruimten,het verrichten van voorbereidende studies en adviezen op gebeid van management,bedrijfsvoering,economische wetgeving,marketing,export,import,het drukken en uitgeven van studies,rapporten en het verlenen van hulp aan bedrijven in oprichting of bij overname van bestaande bedrijven,zenden en ontvangen van post en meer in het algemeen alles te doen wat de oprichting,de uitbating en het beheer van bedrijven van nut kan zijn.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals onder meer erfpacht en opstalrechten en de huurfinanciering van onroerende goederen aan derden,het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom,ruilen,doen bouwen,doen verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van roerende en onroerende goederen te bevorderen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
- Het verwerven van participaties in eender welke vorm in alle bestaande of nog op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coordinatie van de ontwikkeling en investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm; in dit kader kan zij alle handels- en financiële operaties verrichten behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
- Aangaande al het voorgaande handelt de vennootschap voor eigen rekening,in commissie,als tussenpersoon of als vertegenwoordiger.
- Zij mag haar onroerende goederen in hypotheek stellen en al haar andere goederen,met inbegrip van het handelsfonds,in pand stellen,zij mag zich borgstellen en aval verlenen voor alle leningen,kredietopeningen en andere verbintenissen zowel voor haarzelf als voor alle derden op voorwaarde dat zij er zelf belang bij heeft.
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enzovoort.
- Berekenen van kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie. enzovoort.
- Algemene audit-activiteiten.
- Holdings.
- Handelsbemiddeling in nieuwe en gebruikte auto's voor personenvervoer,inclusief die voor bijzondere doeleinden.
- Kleinhandel in nieuwe en gebruikte auto's voor personenvervoer,inclusief die voor bijzondere doeleinden.
- Algemeen onderhoud en reparatie van auto's en lichte bestelwagens.
- Kleinhandel in onderdelen en accessoires van auto's inclusief de kleinhandel in tweedehands onderdelen.
- Verhuur van personenauto's met chauffeur
- Verhuur op korte termijn van personenauto's zonder chauffeur
- Activiteiten in verband met mechanische sporten (auto's,motorrijwielen,karts,enzovoort)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Zouterweg 8,8670 Koksijde”
General meeting and financial year
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- From 1 January to 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of May
Articles of association, deed of 27-03-2024 (in Dutch)