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ZENITH

Absorbed by GC-TRANS KBO/BCE: BE 0453.672.067 subsidiary of GC-TRANS

Overview

Lifetime

15 annual accounts with figures on one time axis, 26 filings since 1995
peak €57,675 (2015)
€17,016▲ 221%
lowest -€20,161 (2016)
€10,735▲ €13,921
peak €214,492 (2020)
€214,492▲ 5.3%
€70,741▼ 13.5%
Board4 names since 2019
- 
Documentsfilings and deeds
25-03-2021128 days before the deadline
2020micro format
Gross margin from €5,294 to €17,016Back to profit: €10,735Registered office moved from Middelkerke to Noorderwijk 22-07Investments €33,661

Key points

from the 2020 annual accounts, the last ones filed

Filings

26 annual accounts since 1995
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2017 accounts came latest: 23 days after the end of the period.

No score

Board and ownership

last known board
GD
Managing director, until 2021
GR
Managing director, until 2021
  • GC-TRANS 100%score 51equity -€19,686 (2025) · deed of 13-07-2021

Shares in 1 company, ECHO FALLS

Board & ownership

Recent changes

Merger: absorbed by GC-TRANS Dissolution of the company · Dissolved without liquidation · Resignations: GLORIE Denis Rudy Franki (managing director) and GLORIE Roland Charles David (managing director) · General meeting of 22-06-2021 · Gazette deed
Merger: ZENITH takes over ECHO FALLS The company holds all the shares of ECHO FALLS · General meeting of 18-05-2021 · Gazette deed
Merger proposal: to be absorbed by GC-Trans BV Capital €62,500, annual accounts 2020 · Gazette deed
Merger proposal: Zenith NV takes over Echo Falls BV Gazette deed
All 44 events

Official details

Source: KBO
Status
Absorbed by GC-TRANSmerger by absorption, March 2021
Activity
“Invoer en uitvoer, groothandel en kleinhandel in nieuwe en tweedehandsvoertuigen en van alle onderdelen…” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

€17,016▲ 221%
≈ €130,000estimated
€10,735
€214,492▲ 5.3%
€285,233▼ 0.1%
Filing
Filed on 25-03-2021
Financials

Insights on ZENITH

Absorbed by GC-TRANS in March 2021. The last annual accounts are for financial year 2020. The company was dissolved without liquidation.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

micro format, filed on 25-03-2021, 128 days before the deadline
€17,016
▲ 221%
€8,971
▲ €12,575
€10,735
▲ €13,921
€39,936
▼ 45.7%
75.2%
▲ 3.8 percentage points
6.50

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €130,000. Estimated: probably between €59,000 and €310,000.

Balance sheet

balance sheet total €285,233 on 31-12-2020
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 285,233285,548300,403242,180214,503280,810237,710225,768183,343188,437213,613217,088201,181174,050145,826
21/28 238,041211,973141,58259,70978,343104,725128,732108,34381,29442,64731,20714,445472607453
22/27 56,28563,81872,60953,44078,275104,657128,664108,27581,22642,57931,13814,377404539385
22 44,32847,80851,28945,11048,10851,10654,10454,20555,89013,2242,778----
23 ----8,22616,64926,30910,0002,340------
24 7,31710,79015,5201,95014,98029,36240,13235,36913,71619,49517,9213,357404539385
28 181,756148,15568,9736,2686868686868686868686868
29/58 47,19173,575158,821182,472136,160176,085108,978117,425102,049145,790182,407202,643200,709173,443145,373
3 -13,50038,50025,00025,00025,000---6,15552,00053,00049,00049,00084,000
30/36 -13,50038,50025,00025,00025,000---6,15552,00053,00049,00049,00084,000
40/41 8,01411,72113,2586,1009,59619,21428,30032,5594,68013,5356,0508,73215,05416,4919,893
40 --5154,2096,672----2,6506,05073214,44211,9799,400
41 8,01411,72112,7431,8912,92419,21428,30032,5594,68010,885-8,0006124,512493
50/53 -------40,00040,00040,00040,00040,000115,000--
54/58 39,17848,354107,062151,371101,564131,87080,67844,86657,02685,77384,357100,61121,480106,52751,180
490/1 --------343326-3001751,425300
Balance sheet: equity and liabilities
10/49 285,233285,548300,403242,180214,503280,810237,710225,768183,343188,437213,613217,088201,181174,050145,826
10/15 214,492203,756206,942209,891193,811213,972192,913190,565176,449173,014160,915157,806169,792144,496113,819
10/11 62,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,500
100 62,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,50062,500
13 151,992151,472151,472151,472151,472151,472130,413128,065113,949110,514107,292107,292107,29281,99651,319
130/1 6,250--------------
130 6,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,250
132 1,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000
133 144,742144,222144,222144,222144,222144,222123,163120,815106,699103,264100,042100,042100,04274,74644,069
14 --10,216-7,031-4,082-20,161------8,877-11,986---
17/49 70,74181,79293,46132,28920,69266,83744,79735,2036,89415,42352,69959,28231,39029,55432,007
17 63,48581,76432,96231,86220,26625,1911911082071,79344,92445,17725,72226,00025,500
178/9 63,48581,76432,96231,86220,26625,1911911082071,79344,92445,17725,72226,00025,500
42/48 7,2562857,99942742641,64644,60635,0946,68713,6305,77513,6045,6673,5546,507
44 7,2562832,99914442634,29644,60626,7331,57013,6302,6618,466--4,500
440/4 7,2562832,99914442634,29644,60626,7331,57013,6302,6618,466--4,500
46 --25,000------------
45 ---283-7,351-8,3615,117-3,1135,1385,6673,5542,007
450/3 ---283-7,350-3,7002,798-3,1135,1385,6673,5542,007
454/9 -----1-4,6612,320------
492/3 --2,500-------2,000500---
Income statement
76A 5,14612,250-2,000-----------
9900 17,0165,2945,41136,7096,08657,67544,34335,72110,56718,6976,331-13,23432,31337,39021,756
630 7,5938,7918,79116,60826,38228,88341,68719,3697,6777,2885,5201,5441355206,604
640/8 4521071052731033373909895193931,4498710583
66A ---3,226--2,329-2,100------
9901 8,971-3,604-3,48516,602-20,39928,4552,26616,2542,79411,216719-16,22632,09236,76515,069
75/76B 2,2151,328814201122712,2582,4422,9763,1353,2755,6473,684790709
75 2,2151,328814201122712,2582,4422,9763,1353,2755,6473,684790709
65/66B 16450739166175275259235234173241371180261143
65 16450739166175275259235234173241371180261143
9903 11,022-2,783-2,71016,455-20,46228,4521,93518,4613,43614,1783,753-10,95035,59537,29315,635
67/77 286403239376-3017,392-4134,345-2,0796441,03510,2996,6187,219
9904 10,735-3,185-2,94916,079-20,16121,0592,34814,1163,43612,0993,109-11,98625,29630,6768,416
9905 10,735-3,185-2,94916,079-20,16121,0592,34814,1163,43612,0993,109-11,98625,29630,6768,416
Appropriation of the result
9906 519-10,216-7,031-4,082-20,16121,0592,34814,1163,4363,222-8,877-11,98625,29630,6768,416
691/2 519----21,0592,34814,1163,4363,222--25,29630,6768,416
6921 519----21,0592,34814,1163,4363,222--25,29630,6768,416
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2020 (PDF), filed on 25-03-2021.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2020 micro format 25-03-2021 2021-08500568 PDF
31-12-2019 micro format 10-07-2020 2020-28500335 PDF
31-12-2018 micro format 30-07-2019 2019-41000066 PDF
31-12-2017 micro format 23-08-2018 2018-49900079 PDF
31-12-2016 micro format 24-07-2017 2017-36000381 PDF
31-12-2015 abbreviated format 26-07-2016 2016-37700534 PDF
31-12-2014 abbreviated format 07-07-2015 2015-28400243 PDF
31-12-2013 abbreviated format 05-08-2014 2014-39700497 PDF
31-12-2012 abbreviated format 09-08-2013 2013-41900532 PDF
31-12-2011 abbreviated format 21-06-2012 2012-19700073 PDF
31-12-2010 abbreviated format 19-07-2011 2011-31400265 PDF
31-12-2009 abbreviated format 23-09-2010 2010-55300504 PDF
31-12-2008 abbreviated format 12-06-2009 2009-22800107 PDF
31-12-2007 abbreviated format 28-03-2008 2008-09100213 PDF
31-12-2006 abbreviated format 08-06-2007 2007-20800105 PDF
31-12-2005 abbreviated format 26-04-2006 2006-12105252 PDF
31-12-2004 abbreviated format 28-04-2005 2005-13402912 PDF
31-12-2003 abbreviated format 14-04-2004 2004-11103840 PDF
31-12-2002 abbreviated format 14-07-2003 2003-44201471 PDF
31-12-2001 abbreviated format 24-07-2002 2002-41404056 PDF
31-12-2000 abbreviated format 09-04-2001 2001-09205263 PDF
31-12-1999 abbreviated format 29-06-2000 2000-31503752 PDF
31-12-1998 abbreviated format 24-06-1999 1999-23103552 PDF
31-12-1997 abbreviated format 14-07-1998 1998-32800950 PDF
31-12-1996 abbreviated format 06-06-1997 1997-13001229 PDF
31-12-1995 abbreviated format 15-05-1996 1996-08700126 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202020192018201720162015201420132012201120102009200820072006
16,5645,1875,30633,2105,98357,33843,95335,62310,47218,5046,238-14,68232,22637,28521,673
18,3295,6055,84232,6876,22149,94244,03533,48411,11319,3868,628-10,44225,43131,19615,020
34,61179,18241,0646,20004,87565,40646,41851,92418,72822,28215,5160674-
-9,177-58,708-44,30949,807-30,30651,19235,812-12,161-28,7461,416-16,25479,131-85,04755,347-
39,93673,547100,821182,044135,734134,43864,37182,33095,362132,159176,632189,039195,042169,889138,866
75.2%71.4%68.9%86.7%90.4%76.2%81.2%84.4%96.2%91.8%75.3%72.7%84.4%83.0%78.1%
6.50-2.74--4.232.443.3515.2610.7031.5914.9035.4248.8022.34
6.50-2.07--3.632.443.3515.2610.2422.5811.0026.7735.019.43
0.330.400.450.150.110.310.230.180.040.090.330.380.180.200.28
5.0%-1.6%-1.4%7.7%-10.4%9.8%1.2%7.4%1.9%7.0%1.9%-7.6%14.9%21.2%7.4%
3.8%-1.1%-1.0%6.6%-9.4%7.5%1.0%6.3%1.9%6.4%1.5%-5.5%12.6%17.6%5.8%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on ZENITH

The operating result for 2020 is a profit of €8,971, after a loss of €3,604 in 2019. It is the highest result since 2017.

Debt's share of the balance-sheet total falls from 28.6% to 24.8%. Equity is higher and debt is lower.

Board & ownership

Mandates through the years

4 names
GLORIE Denis Rudy Franki
Managing director
Glorie Denis
Managing director
Glorie Roland
Managing director
Earliermandate already running before its first mentionend not dated
Mandates as a list
  • GLORIE Denis Rudy Franki
    • Managing director, until 13-07-2021
  • GLORIE Roland Charles David
    • Managing director, until 13-07-2021
  • Glorie Denis
    • Director, from before 30-06-2019, last mentioned in 2019
    • Managing director, appointed by deed of 30-09-2019, last mentioned in 2019
  • Glorie Roland
    • Director, from before 30-06-2019, last mentioned in 2019
    • Managing director, appointed by deed of 30-09-2019, last mentioned in 2019

See the board, name and registered office on a given date →

Control

Parent
Equity -€19,686
Loss €61,390 in 2025 (loss €12,025 in 2024)
Checked score 51
100%
This company
ZENITH
Equity €214,492
Profit €10,735 in 2020

Capital

Capital
€62,500
Source
2020 annual accounts

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 13-07-2021 ↗

Office holders in the KBO →

Network & group

Parent

GC-TRANS
0810.734.809 · 100% of the shares · equity -€19,686 · loss €61,390 (2025)
Checked score 51

Holdings and subsidiaries

1 holding

Holdings 1

Acquisitions and mergers

2 transactions
Took over:ECHO FALLS
BE 0806.403.659artikelen 12:50 tot en met 12:58 · Gazette deed of 04-06-2021 (4 deeds) · effective 16-03-2021
Taken over by:GC-TRANS
BE 0810.734.809artikelen 12:50 tot en met 12:58 Wetboek van vennootschappen en verenigingen · Gazette deed of 13-07-2021 (4 deeds) · effective 16-03-2021

Connections & network

Depth

The network starts from the shareholders of ZENITH. Every company they also own or 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

Timeline

44 events since 1994
2021
Merger: absorbed by GC-TRANSDissolution of the company · Dissolved without liquidation · Resignations: GLORIE Denis Rudy Franki (managing director) and GLORIE Roland Charles David (managing director) · General meeting of 22-06-20215 points ▸

Open the deed in the Belgian Official Gazette

Merger: ZENITH takes over ECHO FALLSThe company holds all the shares of ECHO FALLS · General meeting of 18-05-20213 points ▸
  • General meeting, 18-05-2021
  • The company holds all the shares of ECHO FALLS
  • Accounting effect, 01-01-2021
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Merger proposal: to be absorbed by GC-Trans BV PDFCapital €62,500, annual accounts 2020
Merger proposal: Zenith NV takes over Echo Falls BV3 points ▸
  • Board composition, Denis Glorie (director), mentioned twice in the deed
  • Board composition, Roland Glorie (director)
  • Accounting effect, 01-01-2021
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFmicro format · 128 days before the deadline
2020
Back to profit net €10,735 The net result is €10,735, after 2 loss-making years.
Registered office moved from Middelkerke to NoorderwijkNew registered office: Morkhovenseweg 59 te 2200 Noorderwijk · Previous registered office: Lombardsijdelaan 73 te 8434 Middelkerke · General meeting of 01-07-20202 points ▸
  • General meeting, 01-07-2020
  • Registered-office move, Morkhovenseweg 59 te 2200 Noorderwijk

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFmicro format · 21 days before the deadline
2019
Liquidity more than 959 times current ratio 2627.69 The current ratio rises from 2.74 to 2627.69. Short-term debt falls from €57,999 to €28.
2 directors appointed, 2 reappointmentsReappointments: Glorie Roland and Glorie Denis · Appointments: Glorie Roland (managing director) and Glorie Denis (managing director) · General meeting of 30-06-20196 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFmicro format · 1 day before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 23 days late
2017
Back to profit net €16,079 The net result is €16,079, after one loss-making year.
Annual accounts 2016 filed PDFmicro format · 7 days before the deadline
2016
Weakest financial year net -€20,161 The net result drops to -€20,161, the lowest from 2006 to 2020.
Liquidity more than 75 times current ratio 319.62 The current ratio rises from 4.23 to 319.62. Short-term debt falls from €41,646 to €426.
Annual accounts 2015 filed PDFabbreviated format · 5 days before the deadline
2015
Equity above €200,000 equity €213,972 ▲10.9% After 6 profitable years in a row, equity reaches €213,972.
Annual accounts 2014 filed PDFabbreviated format · 24 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 5 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 9 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 40 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 12 days before the deadline
2010
Back to profit net €3,109 The net result is €3,109, after one loss-making year.
Liquidity more than doubled current ratio 31.59 The current ratio rises from 14.90 to 31.59. Short-term debt falls from €13,604 to €5,775.
Annual accounts 2009 filed PDFabbreviated format · 54 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 49 days before the deadline
2008
Equity above €150,000 equity €169,792 ▲17.5% With a profit in every financial year since 2006, equity grows to €169,792.
Annual accounts 2007 filed PDFabbreviated format · 125 days before the deadline
2007
Highest result from 2006 to 2020 net €30,676 ▲264% The operating result of €36,765 and the net result of €30,676 are both a record.
Liquidity more than doubled current ratio 48.80 The current ratio rises from 22.34 to 48.80. Short-term debt falls from €6,507 to €3,554.
Annual accounts 2006 filed PDFabbreviated format · 53 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1994
Incorporation 21 publications in the Belgian Official Gazette, the last on 13-07-2021

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

In 2020 the registered office moved to Noorderwijk.1 ECHO FALLS was merged into ZENITH in 2021.2 In 2021 the company was absorbed by merger into GC-TRANS.3

  1. 1Belgian Official Gazette, 22-07-2020
  2. 2Belgian Official Gazette, 04-06-2021
  3. 3Belgian Official Gazette, 13-07-2021

Company details

Purpose according to the articles of association

PurposeThe purpose describes the activities the company may carry out under its articles.
“Invoer en uitvoer, groothandel en kleinhandel in nieuwe en tweedehandsvoertuigen en van alle onderdelen, toebehoren en onderhoudsproducten…”
7 activities
  1. Invoer en uitvoer, groothandel en kleinhandel in nieuwe en tweedehandsvoertuigen en van alle onderdelen, toebehoren en onderhoudsproducten ervan, alsmede het vervoeren van automobielen en andere motorvoertuigen;
  2. Het uitbaten van een herstelplaats en plaatslagerij voor motorvoertulgen van alle aard, het herstellen, opschikken, en schilderen tegen maakloon van het koetswerk van alle motorvoertuigen, met de uitvoering en de verzorging van alle bijkomende werkzaamheden verbonden aan de goede uitbating van dergelijke werkplaats;
  3. De verhuring van de hierboven vermelde voertuigen en de uitbating van een toonzaal voor motorvoertuigen, het uitbaten van een handel in braridstoffen en smeermiddelen, een service-station, evenals de uitbating van een carwash station;
  4. Onderneming voor vervoer van vaste, vloeibare, gasvormige goederen over de weg, over het water, en in de lucht, transportonderriemingen, onderneming voor expeditie van goederen en verzendingskantoor, douaneagentschap en aansprakelijk vertegenwoordiger. Uitbating van taxibedrijf en autocar- en autobusonderneming met uitbating van lijndiensten. Opslag en overslag van goederen. Onderneming voor aankoop en verkoop van rollend materieel alsook de verhuring van rollend materieel;
  5. Onderneming voor het verlenen van beheer-en bestuursbijstand aan ondememingen, consultant in financiële, economische, fiscale en sociale aangelegenheden;
  6. Het verlenen van bedrijfsadvies en bedrijfseconomisch advies;
  7. Bureau voor het ontwerpen van software en informatica;

Articles of association, deed of 13-04-2021 (in Dutch)

Inactive

Absorbed by GC-TRANS in March 2021

ZENITH is no longer in the KBO register. GC-TRANS took it over in a merger by absorption, published in the Belgian Official Gazette on 13 July 2021.

Status
Inactive
Reason
Merger by absorptionBelgian Official Gazette, 13 July 2021 · deed
Absorbed by
GC-TRANS · 0810.734.809
Last annual accounts
financial year to 31 December 2020
Last registered office
Morkhovenseweg 59, 2200 Noorderwijkas published on 13 July 2021
Legal form
Public limited company
First annual accounts
financial year 1995
Official KBO record