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DE ZWAAN

Active
Public limited companyfounded 1977active for 48 yearsAntwerpsesteenweg 1124, 9041 Ghent, BelgiumKBO/BCE: BE 0417.775.634
Summary

DE ZWAAN has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €491,947 and a net result of €126,083. Equity grew by about 8.9% per year on average since 2018. In 2025 it fell by 15.3%. Its solvency ranks better than 41% of 6,182 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-12-1977 Normal situation
Activity
Agents in the wholesale of furniture, household goods and hardware NACE 46150and 1 other
Joint committees
100 Auxiliary committee for blue-collar workers
201 Independent retail · annual accounts 2025
Establishment unit
2.014.312.886 9041 Ghent, since 01-01-1978
Financial year end
31 December
Peppol
Reachable since 07-10-2025

Board and ownership

Board
  • TousortDirector · permanent representative Van Imschoot Koen
Shareholders
  • DOMMEL· score 882022 annual accounts of DOMMEL
  • Tousort30-06-2025 annual accounts of Tousort

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€586,030
▲ 32.9%
Turnover
≈ €3.0m
estimated
Profit
€126,083
▲ 19×
Equity
€491,947
▼ 15.3%
Total assets
€1.3m
▲ 17.9%
Employees on 31-12-2025
7
=
  • 2025 accounts filed 25 days after the deadline
Net result +1,784%: other schema
Score breakdownlowers riskFounded in 1977Profit of €126,083 (financial year 2025)Liquidity: current ratio 1.97, cash €146,479Legal form: public limited companyShow the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 63-14
equity 37.5% of total assets
Liquidity 46-7
short-term debt 38.2% · cash 11.2%
Profitability 81+24
return on assets 9.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.5 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.97 (3.05 in 2024), above the usual 1.5. Short-term debt is 38.2% and cash 11.2% of total assets. However, 62.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 46% of them on solvency, 45% on liquidity, 74% on profitability and 22% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1977
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €126,083 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.97, cash €146,479
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
12 days late
2023
29 days late
2022
31 days late
2021
61 days late
2020
27 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025different schema filed ▲ 19× View

Recent changes

  1. · Gazette deed 1 director appointed, 2 directors resigningResignations: Van Imschoot Koen (director) and DOMMEL (director) · Appointment: TOUSORT (director) · “De aankoop en de verkoop in het groot of in het klein, van meubelen, meubileringsartikelen, slaapcomfort…” (deed in Dutch)
  2. · Gazette deed 1 director appointed, 2 directors resigningResignations: DOMMEL (director) and Van Imschoot Koen (director) · Permanent representatives: Crabbe Tineke and Van Imschoot Koen · Appointment: TOUSORT (director)
All 16 events

Comparable companies

These companies have the same main activity as DE ZWAAN: agents in the wholesale of furniture, household goods and hardware (NACE 46150). They are comparable in size and age: total assets between €783,000 and €1.7m, founded between 1985 and 1998.

CompanyTotal assetsGross margin
DE ZWAAN Ghent€1.3m€0.6m
IRIX GROUP Willebroek€1.1m€0.5m
BELGIAN LASER COMPANY Schoten€1.2m€0.6m
VEVA COLLECTION Maldegem€1.0m€0.4m
BRULIGHT Gembloux€1.5m€0.5m
ESPACE FLAMMES Erquelinnes€1.7m€0.7m
STABE Aalst€0.8m€1.1m
Full comparison

Key facts about DE ZWAAN

What is the company number of DE ZWAAN?
The company number of DE ZWAAN is 0417.775.634. The VAT number is the same number with BE in front: BE 0417.775.634.
Where is DE ZWAAN based?
The registered office is at Antwerpsesteenweg 1124, 9041 Ghent.Company details
What does DE ZWAAN do?
According to the KBO register, the main activity is agents in the wholesale of furniture, household goods and hardware (NACE 46150).
What is the legal form of DE ZWAAN?
DE ZWAAN is a public limited company (NV).
When was DE ZWAAN founded?
DE ZWAAN was founded on 23-12-1977.
Is DE ZWAAN still active?
Yes, DE ZWAAN is an active enterprise in the KBO register.
How many employees does DE ZWAAN have?
DE ZWAAN had an average of 6.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DE ZWAAN fall under?
In its 2025 annual accounts, DE ZWAAN states joint committees 100 (Auxiliary committee for blue-collar workers) and 201 (Independent retail).
What is the turnover of DE ZWAAN?
The turnover in financial year 2025 is ≈ €3.0m. This figure is estimated from the gross margin of €586,030 and 139 comparable companies (NACE 46). It probably lies between €1.9m and €5.0m.
Is DE ZWAAN profitable?
In financial year 2025, DE ZWAAN made a profit of €126,083.
Where can I find the annual accounts of DE ZWAAN?
DE ZWAAN filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE ZWAAN due?
DE ZWAAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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