VAN ZELE HOLDING
ActiveSummary
VAN ZELE HOLDING has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.23M and a net result of €580k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 91% of 925 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▲+6
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.2M at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.87 in 2024; short-term debt: 6.9% and cash: 2.6% of total assets), and 6.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.1%
Return on assets
3.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
67 d late
2023
1 d late
2022
13 d early
2021
11 d late
2020
31 d late
2019
66 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€580k
2024 · €-596k
2018: €241k
2019: €2.93M
2020: €92k
2021: €-57k
2022: €376k
2023: €166k
2024: €-596k
2018 → 2025
Working capital
€-134k▲ 46.6%
2024 · €-250k
2018: €2.86M
2019: €1.70M
2020: €885k
2021: €2.00M
2022: €-798k
2023: €-1.51M
2024: €-250k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16.82M-€17.20M▲ 2.2%€17.32M▲ 0.7%€16.69M▼ 3.7%€17.23M▲ 3.2%
Operating result€-550k-€106k€-71k€162k€-344k
Net result€-57k-€376k€166k▼ 56.0%€-596k€580k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €344k after €162k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.50M
Fixed assets
€17.36M ▲ 1.9%
Current assets
€1.13M ▼ 32.5%
Equity and liabilities €18.50M
Equity
€17.23M ▲ 3.2%
Debt
€1.27M ▼ 37.4%
Debt's share of the balance-sheet total falls from 10.8% to 6.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-200k▼
2024 · €289k
Cash flow
€724k▲
2024 · €-469k
Current ratio
0.89▲
2024 · 0.87
Debt to equity
0.07▼
2024 · 0.12
ROE
3.4%▲
2024 · -3.6%
ROA
3.1%▲
2024 · -3.2%
Interest coverage
-7.51▼
2024 · 0.25
Debt ≤ 1 year
€1.27M▼
2024 · €1.93M
Income taxes
€4k▲
2024 · €171
Staff costs
€4k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 67 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18.72M€18.50M▼
Fixed assets21/28€17.03M€17.36M▲
Tangible fixed assets22/27€1.03M€916k▼
Land and buildings22€616k€595k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€359k€271k▼
Other tangible fixed assets26€44k€45k▲
Assets under construction and advance payments27€0-
Financial fixed assets28€16.00M€16.45M▲
Current assets29/58€1.68M€1.13M▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€545k€642k▲
Trade receivables40€99k€70k▼
Other amounts receivable41€445k€572k▲
Current investments50/53€903k€0▼
Cash at bank and in hand54/58€198k€474k▲
Deferred charges and accrued income490/1€36k€19k▼
Equity and liabilities
Total equity and liabilities10/49€18.72M€18.50M▼
Equity10/15€16.69M€17.23M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€16.62M€17.16M▲
Non-distributable reserves130/1€60k€60k=
Legal reserve130€60k€60k=
Distributable reserves133€16.56M€17.10M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.03M€1.27M▼
Amounts payable after more than one year17€0-
Other amounts payable178/9€0-
Amounts payable within one year42/48€1.93M€1.27M▼
Financial debts43€245k€245k=
Credit institutions430/8€245k€245k=
Trade debts44€29k€35k▲
Suppliers440/4€29k€35k▲
Advances received on contracts in progress46-€100k
Taxes, remuneration and social security45€23k€31k▲
Taxes450/3€23k€31k▲
Remuneration and social security454/9€12€0▼
Other amounts payable47/48€1.63M€857k▼
Accrued charges and deferred income492/3€97k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€153k€0▼
Remuneration, social security and pensions62€7k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127k€144k▲
Other operating charges640/8€8k€236k▲
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€305k€39k▼
Operating profit (loss)9901€162k€-344k▼
Financial income75/76B€701k€2.54M▲
Recurring financial income75€701k€939k▲
Non-recurring financial income76B-€1.60M
Financial charges65/66B€1.46M€1.61M▲
Recurring financial charges65€1.13M€27k▼
Non-recurring financial charges66B€325k€1.58M▲
Profit (loss) for the period before taxes9903€-596k€584k▲
Income taxes67/77€171€4k▲
Profit (loss) for the period9904€-596k€580k▲
Profit (loss) for the period to be appropriated9905€-596k€580k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€580k▲
Profit (loss) brought forward from the previous period14P€537k€0▼
Transfer from equity791/2€99k€0▼
Transfer to equity691/2-€540k
To other reserves6921-€540k
Profit to be distributed694/7€40k€40k=
Directors or managers695€40k€40k=
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €580k
Net result €580k after one loss-making year.
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 67 days late
2024
31-12
Financial
Weakest financial yearnet €-596k ▼460%
Net result drops to €-596k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €376k
Net result €376k after one loss-making year.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
23-10
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 66 days late
13-02
State Gazette act
General meeting · Director appointment
Permanent representative · Director reappointment
Show earlier events
2019
31-12
Financial
Highest result since 2018net €2.93M ▲1114%
Net result €2.93M, the highest in the series.
27-12
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
04-12
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kapelle-op-den-Bos · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ipsvoordestraat 571880 Kapelle-op-den-BosGround area
2,106 m²
Building footprint
155 m²
Volume, LiDAR
696 m³
Parcel 23056B0160/00E000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VZ Holding of VZH
since 20042.142.259.549
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23056B0160/00E000 | Flanders | 2,105 m² | 1 · 155 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Ownership & control
3 board mandatesBoard mandates of this companythis company sits on their board3
Recognitions · licences · registrations
Legal Entity Identifier
96760087BSU56PXGJZ35
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Of 11,222 companies in sector 82100 we hold annual accounts for 3,510. 306 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-08-2004
Fiscal year end31-12
Activities, NACEBEL 2025
46231Wholesale of live animals
82100Office administrative and support services
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.