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ZELINES

Active
Private limited companyfounded 1992active for 34 yearsRue du Jardin-Botanique 2, 4000 Liège, BelgiumKBO/BCE: BE 0448.242.542

From the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ZELINES has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €242,666 and a net result of €2,780. Equity has been stable since 2019 (±2.1% per year). Its solvency ranks better than 84% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

KBO
Status
Active since 15-09-1992 Normal situation
Activity
Retail sale of prescription glasses, lenses and sunglasses NACE 47742and 1 other
Establishment units
2.059.465.495 4000 Liège, since 05-11-1992
2.059.465.396 1030 Schaarbeek, since 04-12-1992
Financial year end
31 December
Peppol
Reachable since 11-12-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€81,691
▼ 9.3%
Turnover
≈ €400,000
estimated
Profit
€2,780
▼ 24.5%
Equity
€242,666
▲ 1.2%
Total assets
€323,181
▲ 21.5%
Staff
2.6 FTE
▲ 4.0%
Filed on 29-06-2026, 32 days before the deadlineat the National Bank
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 9.33, cash €309,913Equity €242,666 (75.1% of total assets)Founded in 1992Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 75.1% of total assets
Liquidity 100=
short-term debt 10.6% · cash 95.9%
Profitability 53-17
return on assets 0.9%
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 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.3 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.33 (10.2 in 2024), above the usual 1.5. Short-term debt is 10.6% and cash 95.9% of total assets. 24.9% 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 47, micro). It does better than 92% of them on solvency, 97% on liquidity, 38% on profitability and 43% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 9.33, cash €309,913
NBB · annual accounts
lowers risk · Equity €242,666 (75.1% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
34 days early
2023
27 days early
2022
20 days early
2021
8 days early
2020
21 days early
2019
32 days early
← 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 25 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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.
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-06-2026 at the NBB all 33 filings

Turnover
≈ €400,000
Estimated: probably between €210,000 and €540,000
Total assets
€323,181▲ 21.5%
2024 · €265,917
Net result
€2,780▼ 24.5%
2024 · €3,681
Working capital
€285,508▲ 19.3%
2024 · €239,396
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 88% lower than in 2024 and the lowest since 2021.

Operating result€558 2025 Net result€2,780 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€7,184-€3,950▼ 45.0%€3,387▼ 14.3%€17,658▲ 421%€3,657▼ 79.3%€4,551▲ 24.4%€558▼ 87.7%
Net result€5,489-€3,988within the sector's middle half▼ 27.4%€2,789within the sector's middle half▼ 30.1%€13,267within the sector's middle half▲ 376%€2,059within the sector's middle half▼ 84.5%€3,681within the sector's middle half▲ 78.8%€2,780within the sector's middle half▼ 24.5%
Equity€214,102-€218,090above the sector's middle half▲ 1.9%€220,879above the sector's middle half▲ 1.3%€234,146above the sector's middle half▲ 6.0%€236,204above the sector's middle half▲ 0.9%€239,885above the sector's middle half▲ 1.6%€242,666above the sector's middle half▲ 1.2%
Total assets€235,206-€234,640within the sector's middle half▼ 0.2%€238,530within the sector's middle half▲ 1.7%€254,838within the sector's middle half▲ 6.8%€254,616within the sector's middle half▼ 0.1%€265,917within the sector's middle half▲ 4.4%€323,181within the sector's middle half▲ 21.5%
Debt€21,104-€16,550▼ 21.6%€17,652▲ 6.7%€20,693▲ 17.2%€18,411▼ 11.0%€26,032▲ 41.4%€80,515▲ 209%
Working capital€199,362-€208,666above the sector's middle half▲ 4.7%€218,171above the sector's middle half▲ 4.6%€232,258above the sector's middle half▲ 6.5%€235,251above the sector's middle half▲ 1.3%€239,396above the sector's middle half▲ 1.8%€285,508above the sector's middle half▲ 19.3%
Solvency91.0%-92.9%above the sector's middle half▲ 1.9pp92.6%above the sector's middle half▼ 0.3pp91.9%above the sector's middle half▼ 0.7pp92.8%above the sector's middle half▲ 0.9pp90.2%above the sector's middle half▼ 2.6pp75.1%above the sector's middle half▼ 15.1pp
Current ratio10.45-13.61above the sector's middle half▲ 3.1613.36above the sector's middle half▼ 0.2512.22above the sector's middle half▼ 1.1413.78above the sector's middle half▲ 1.5510.20above the sector's middle half▼ 3.589.33above the sector's middle half▼ 0.87
Return on assets (ROA)2.3%-1.7%within the sector's middle half▼ 0.6pp1.2%within the sector's middle half▼ 0.5pp5.2%within the sector's middle half▲ 4.0pp0.8%within the sector's middle half▼ 4.4pp1.4%within the sector's middle half▲ 0.6pp0.9%within the sector's middle half▼ 0.5pp
Staff (FTE)3.7-3.3above the sector's middle half▼ 10.8%3▼ 9.1%3.3▲ 10.0%3.3=2.5▼ 24.2%2.6▲ 4.0%
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €323,181
Fixed assets €3,395 ▲ 594%
Current assets €319,786 ▲ 20.5%
Equity and liabilities €323,181
Equity €242,666 ▲ 1.2%
Debt €80,515 ▲ 209%
Debt's share of the balance-sheet total rises from 9.8% to 24.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1,152▼
2024 · €5,015
Cash flow
€3,375▼
2024 · €4,145
Debt to equity
0.33▲
2024 · 0.11
ROE
1.1%▼
2024 · 1.5%
Interest coverage
4.00▼
2024 · 11.05
Debt ≤ 1 year
€34,278▲
2024 · €26,032
Debt > 1 year
€46,237
Income taxes
€1,224▼
2024 · €1,904
Staff costs
€79,822▼
2024 · €83,921
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as ZELINES: retail sale of prescription glasses, lenses and sunglasses (NACE 47742). They are comparable in size and age: total assets between €257,000 and €352,000, founded between 1989 and 1995.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
ZELINES Liège1992€323,181€242,666€81,691€2,780-2025
OPTIEK FLEURINCK & PARTNERS Brakel1991€334,108€278,181€85,354€50,999-2025
ISOPTON Charleroi1989€351,852€242,518€84,403€12,444-2025
Optiview Gent1995€287,520€75,844€79,885-€2,79512025
VANDE KERKHOF Genk1993€280,961€25,059€70,545-€264,989-2025
XHIGNESSE ET Cie Fléron1992€277,359€245,552€65,265€37,849-2025
Optique Serexhe Seraing1992€256,673€91,681€103,992€19,854-2025

They were chosen from the 1,186 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 17,041 companies had the same profile as ZELINES has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ZELINES itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for ZELINES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€265,917€323,181▲
Fixed assets21/28€489€3,395▲
Tangible fixed assets22/27€489€3,395▲
Furniture and vehicles24€489€3,395▲
Current assets29/58€265,428€319,786▲
Amounts receivable within one year40/41€8,363€9,025▲
Trade receivables40€4,265€4,886▲
Other amounts receivable41€4,098€4,140▲
Cash at bank and in hand54/58€255,028€309,913▲
Deferred charges and accrued income490/1€2,036€848▼
Equity and liabilities
Total equity and liabilities10/49€265,917€323,181▲
Equity10/15€239,885€242,666▲
Contributions10/11€6,200€6,200=
Reserves13€79,602€79,602=
Distributable reserves133€79,602€79,602=
Profit (loss) carried forward14€154,083€156,864▲
Amounts payable17/49€26,032€80,515▲
Amounts payable after more than one year17-€46,237
Other amounts payable178/9-€46,237
Amounts payable within one year42/48€26,032€34,278▲
Trade debts44€7,206€11,422▲
Suppliers440/4€7,206€11,422▲
Taxes, remuneration and social security45€18,826€22,856▲
Taxes450/3€1,907€3,123▲
Remuneration and social security454/9€16,919€19,733▲
Income statement Code20242025
Remuneration, social security and pensions62€83,921€79,822▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€464€594▲
Other operating charges640/8€1,103€718▼
Gross operating margin9900€90,039€81,691▼
Operating profit (loss)9901€4,551€558▼
Financial income75/76B€1,488€3,735▲
Recurring financial income75€1,488€3,735▲
Financial charges65/66B€454€288▼
Recurring financial charges65€454€288▼
Profit (loss) for the period before taxes9903€5,585€4,005▼
Income taxes67/77€1,904€1,224▼
Profit (loss) for the period9904€3,681€2,780▼
Profit (loss) for the period to be appropriated9905€3,681€2,780▼
Appropriation of the result
Profit (loss) to be appropriated9906€154,083€156,864▲
Profit (loss) brought forward from the previous period14P€150,402€154,083▲

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62--€52,647€51,253€61,124€83,921€79,822▼ 4.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,332€6,794€6,716€1,948€934€464€594▲ 28.0%
Other operating charges640/8--€546€567€220€1,103€718▼ 34.9%
Gross operating margin9900€66,935€51,962€63,296€71,426€65,936€90,039€81,691▼ 9.3%
Operating profit (loss)9901€7,184€3,950€3,387€17,658€3,657€4,551€558▼ 87.7%
Financial income75/76B--€56€47€12€1,488€3,735▲ 151%
Recurring financial income75€545€353€56€47€12€1,488€3,735▲ 151%
Financial charges65/66B--€93€220€339€454€288▼ 36.6%
Recurring financial charges65€72€79€93€220€339€454€288▼ 36.6%
Profit (loss) for the period before taxes9903€7,657€4,224€3,349€17,485€3,331€5,585€4,005▼ 28.3%
Income taxes67/77€2,168€236€560€4,218€1,272€1,904€1,224▼ 35.7%
Profit (loss) for the period9904€5,489€3,988€2,789€13,267€2,059€3,681€2,780▼ 24.5%
Profit (loss) for the period to be appropriated9905€5,489€3,988€2,789€13,267€2,059€3,681€2,780▼ 24.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€235,206€234,640€238,530€254,838€254,616€265,917€323,181▲ 21.5%
Fixed assets21/28€14,740€9,423€2,707€1,888€953€489€3,395▲ 594%
Tangible fixed assets22/27€14,669€9,352€2,636€1,888€953€489€3,395▲ 594%
Plant, machinery and equipment23--€190-----
Furniture and vehicles24--€2,446€1,888€953€489€3,395▲ 594%
Financial fixed assets28€72€72€72-----
Current assets29/58€220,465€225,216€235,823€252,950€253,662€265,428€319,786▲ 20.5%
Amounts receivable within one year40/41€32,920€7,150€10,159€10,555€19,452€8,363€9,025▲ 7.9%
Trade receivables40--€9,263€6,672€7,385€4,265€4,886▲ 14.5%
Other amounts receivable41--€896€3,883€12,067€4,098€4,140▲ 1.0%
Cash at bank and in hand54/58€187,545€216,733€224,111€240,928€234,061€255,028€309,913▲ 21.5%
Deferred charges and accrued income490/1--€1,552€1,467€150€2,036€848▼ 58.4%
Equity and liabilities
Total equity and liabilities10/49€235,206€234,640€238,530€254,838€254,616€265,917€323,181▲ 21.5%
Equity10/15€214,102€218,090€220,879€234,146€236,204€239,885€242,666▲ 1.2%
Contributions10/11€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€79,602€79,602€79,602€79,602€79,602€79,602€79,602=
Non-distributable reserves130/1--€1,859€1,859----
Reserves not available under the articles1311--€1,859€1,859----
Distributable reserves133--€77,743€77,743€79,602€79,602€79,602=
Profit (loss) carried forward14€128,300€132,288€135,077€148,344€150,402€154,083€156,864▲ 1.8%
Amounts payable17/49€21,104€16,550€17,652€20,693€18,411€26,032€80,515▲ 209%
Amounts payable after more than one year17------€46,237-
Other amounts payable178/9------€46,237-
Amounts payable within one year42/48€21,104€16,550€17,652€20,693€18,411€26,032€34,278▲ 31.7%
Trade debts44€1,626€2,976€4,666€3,319€1,323€7,206€11,422▲ 58.5%
Suppliers440/4--€4,666€3,319€1,323€7,206€11,422▲ 58.5%
Taxes, remuneration and social security45--€12,986€17,374€17,088€18,826€22,856▲ 21.4%
Taxes450/3--€2,218€6,146€3,347€1,907€3,123▲ 63.8%
Remuneration and social security454/9--€10,768€11,227€13,741€16,919€19,733▲ 16.6%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€5,489€3,988€2,789€13,267€2,059€3,681€2,780▼ 24.5%
+ Depreciation and write-downs630€7,332€6,794€6,716€1,948€934€464€594▲ 28.0%
Operating cash flow (approximation)€12,821€10,782€9,505€15,215€2,993€4,145€3,375▼ 18.6%
Investment in fixed assets (approximation)--€1,477€0-€1,129€0€0-€3,500-
Change in cash-€29,188€7,378€16,817-€6,868€20,968€54,884▲ 162%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00217262 NBB
31-12-2024 micro format 27-06-2025 2025-00223863 PDF
31-10-2023 micro format 04-05-2024 2024-00081847 PDF
31-10-2022 micro format 11-05-2023 2023-00085287 PDF
31-10-2021 micro format 23-05-2022 2022-20038202 PDF
31-10-2020 micro format 10-05-2021 2021-13900421 PDF
31-10-2019 micro format 29-04-2020 2020-10300197 PDF
31-10-2018 micro format 24-04-2019 2019-10400504 PDF
31-10-2017 micro format 26-03-2018 2018-07800480 PDF
31-10-2016 full format 28-03-2017 2017-07600048 PDF

Show all 33 filings

Board & ownership

Directors

Directors
1 director, no change since 2023
ZEKHNINI Abderrazak
Director · since 09-10-1992 · listed in the 2025 annual accounts, filed on 29-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 13-07-2023

Owners and capital

Capital transactions

Capital over time
  1. 13-07-2023 Converted to unavailable equity

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ZEKHNINI Abderrazak
  • Manager, until 13-07-2023
  • Director, appointed in the act of 13-07-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, personnes physiques ou morales,actionnaires ou non”
“Frais de représentation,voyages et déplacements, frais généraux”

Capital, shares and profit

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Nominatives, requises par le Code des sociétés et des associations”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Nullité, actions dont la cession est proposée”

Audit, dissolution and liquidation

Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Décision de l’assemblée générale dans les formes des modifications aux statuts”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Dissolution pour quelque cause et à quelque moment que ce soit, administrateurs en fonction désignés comme liquidateurs en vertu des statuts…”

Articles of association, deed of 13-07-2023 (in French)

Network & group

ZELINES shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of ZELINES. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
29-06
NBB filing Annual accounts filedNBB
financial year 2025 · micro format
2025
27-06
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
2024
04-05
NBB filing Annual accounts filedPDF
financial year 2023 · micro format
2023
31-10
Financial Weakest financial yearnet €2,059 ▼84.5%
The net result drops to €2,059, the lowest from 2019 to 2025. It recovers the following year.
13-07
Gazette deed Resignation: ZEKHNINI Abderrazak (manager)
Appointment: ZEKHNINI Abderrazak (director) · Registered-office move · Purpose change16 points ▸
  • General meeting, 26-06-2023
  • Registered-office move, rue du Jardin Botanique 2,4000 LIEGE
  • Other provision, 26-06-2023
  • Purpose change
  • Capital conversion, “unanimité,point par point, euros” (deed in French)
  • Name change, ZELINES
  • Legal-form conversion, “société à responsabilité limitée” (deed in French)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Capital conversion, “compte de capitaux propres statutairement indisponible, unanimité” (deed in French)
  • Amendment of the articles
  • Capital
  • Other provision, “article par article, vote adoption nouveaux statuts” (deed in French)
  • The act holds 4 more points.

Open the act in the Belgian Official Gazette

11-05
NBB filing Annual accounts filedPDF
financial year 2022 · micro format
2022
31-10
Financial Highest result from 2019 to 2025net €13,267 ▲376%
The operating result of €17,658 and the net result of €13,267 are both a record.
23-05
NBB filing Annual accounts filedPDF
financial year 2021 · micro format
2021
10-05
NBB filing Annual accounts filedPDF
financial year 2020 · micro format
2020
29-04
NBB filing Annual accounts filedPDF
financial year 2019 · micro format
2019
24-04
NBB filing Annual accounts filedPDF
financial year 2018 · micro format
2018
26-03
NBB filing Annual accounts filedPDF
financial year 2017 · micro format
2017
28-03
NBB filing Annual accounts filedPDF
financial year 2016 · full format
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

ZELINES was incorporated on 15 September 1992.1 Since 2023 the company has been called ZELINES.2 The registered office was moved to Liege in 2023.2 Since 1992, ZEKHNINI Abderrazak has served as director.3 Total assets rose from €235,206 in 2019 to €323,181 in 2025 and headcount from 3.7 to 2.6 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-07-2023
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name ZELINES in French
Enterprise number 0448.242.542
Legal form Private limited company
Status Active, normale toestand
Founded 15-09-1992
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-07-2023 (in French)

Registered office and establishments

Registered office Rue du Jardin-Botanique 2, 4000 Liège, Belgium
Establishments 2 establishment units since 1992

Activities

NACEBEL 2025
47742 Retail sale of prescription glasses, lenses and sunglasses main activity
77229 Renting and leasing of other personal and household goods
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’exploitation du métier d’opticien,optométriste et commerce de détail en articles d’optique (thermomètres,baromètres,hydromètres et…”
12 activities
  1. L’exploitation du métier d’opticien,optométriste et commerce de détail en articles d’optique (thermomètres,baromètres,hydromètres et hygromètres) et produits de l’horlogerie (comprend des montres,pendules,réveils,horloges,carillons et leurs accessoires)
  2. Toutes opérations se rapportant à l’achat et la vente directe,par correspondance ou par Internet,sur site physique,en gros ou au détail,d’appareils électroménagers en tout genre,de meubles,vêtements,textiles,chaussures,outillage en tout genre,en ce compris de transport,pour la construction et autre,et de manière générale tous biens,produits et de services destinés aux entreprises et aux particuliers
  3. La gestion de sites et de réseaux sociaux Internet afin d’assurer la visibilité et la promotion des biens et des services proposés,la création et la commercialisation de toutes applications informatiques,en ce compris faisant appel à l’intelligence artificielle
  4. Toutes opérations d’intermédiaire commercial et de marketing relationnel
  5. L’achat,la vente,la location,l’échange,l’exploitation,l’exécution,la diffusion de tous produits et accessoires relatifs à cet objet,la fabrication,l’importation,l’exportation et le commerce en général de tous matériels,consommables et supports utiles au bon fonctionnement et la réalisation de tous services se rattachant directement ou indirectement à ces objets
  6. L’exploitation de café,restaurant ou toute activité ayant trait à la restauration et l’alimentation
  7. Soit directement par elle-même,selon les voies et moyens légaux à sa disposition ou à sa portée,soit par le recours à des tiers spécialisés,dans le cadre de contrats de sous-traitance,de mandat,d’association momentanée ou d’autres contrats analogues,soit encore,et sans préjudice de ce qui est dit ci-après,par la participation à des sociétés,associations ou agences de coordination,d’entraide,de bureau d’études ou similaires,la constitution et la valorisation d’un patrimoine immobilier,tant en immeubles qu’en droits immobiliers,notamment l’achat,la mise en valeur,le lotissement,l’échange,l’amélioration,la location meublée ou non,la vente,la cession,la transformation,la construction et la démolition et/ou reconstruction de biens immobiliers
  8. Faire toutes opérations quelconques qui seront de nature à en faciliter,en tout ou en partie,la réalisation.En outre,la société peut faire toutes opérations commerciales,industrielles,immobilières,mobilières ou financières se rattachant directement ou indirectement à son objet social
  9. S’intéresser par voies d’apport,de souscriptions,d’interventions financière sou par tout autre mode,dans toutes sociétés ou entreprises belges ou étrangères existantes ou à fonder,ayant en tout ou en partie un objet similaire ou connexe au sien ou susceptible d’en favoriser l’extension et le développement
  10. Accomplir toutes opérations commerciales,industrielles,financières,mobilières ou immobilières,se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement,la réalisation
  11. S’intéresser par voie d’apport,de fusion,de souscription,ou de toutes autres manières,dans toutes affaires,entreprises,associations ou sociétés ayant un objet identique,analogue ou connexe au sien ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l’écoulement de ses produits
  12. Réaliser son objet tant en Belgique qu’à l’étranger de toutes les manières et suivant les modalités qui lui paraîtront les mieux appropriées

The full purpose is in the deed

deed of 13-07-2023 (in French)

Invoicing and payment

VAT number BE 0448.242.542
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0448242542
Other Peppol ID 9925:BE0448242542
Registered 11-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
In June
deed of 13-07-2023 (in French)

Sites & property

Location
registered office establishment All 2 establishment units on the map
2 companies at this address See who is registered here
2 establishment units
PEARLE OPTICIENS
Pont d'Ile 55, 4000 LiègeRetail sale of prescription glasses, lenses and sunglasses
since 1992unit number 2.059.465.495
de Moerkerkestraat 25, 1030 Schaarbeek
Retail sale of prescription glasses, lenses and sunglasses
since 1992unit number 2.059.465.396

Buildings and parcels at the addresses

Ground area
569 m²
Building footprint
359 m²
Building volume
5,961 m³
3 parcels, Brussels, Wallonia · tallest building 20.8 m.
3 parcels
Wallonia 2 (66.7%) Brussels 1 (33.3%)
Cadastral parcel Region Area Buildings Height / floors
62063A0988/00C000
ProtectedMonumentMaison (façade et toiture), rue Pont d'Ile, n°51Source ↗
Wallonia 292 m² 1 · 126 m² 19.0 m · 5
62803B0198/00F000 Wallonia 172 m² 1 · 162 m² 20.8 m · 6
21910E0059/00G003 Brussels 105 m² 1 · 70 m² 18.1 m · 5

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.