ZENATI
InactiveChecked score
Score 2020
12
/ 100
Critical▼ -73 vs 2019
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2019
Profitability33▼-67
Solvency42▼-49
Growth32
Stability-
Credit verdict
No credit on open account
Liquidity short (current ratio 0.88 against 2.82 in 2019), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-06-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
30-06-2021 close31-01-2022 deadline08-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 25-02-2021, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
25 d late
2019
38 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, full schema
Turnover
€157k
EBIT margin
-22.0%
Net result
€-35k
2019 · €7k
2019: €7k
2019 → 2020
Working capital
€-8k
2019 · €30k
2019: €30k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Turnover€157k
Equity€23k-€-11k
Operating result€10k-€-35k
Net result€7k-€-35k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €35k after €10k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €69k
Fixed assets
€9k▼ 17.9%
Current assets
€59k▲ 26.1%
Key figures and ratios
EBITDA
€-33k▼
2019 · €11k
Cash flow
€-33k▼
2019 · €9k
Solvency
-16.4%▼
2019 · 39.8%
Current ratio
0.88▼
2019 · 2.82
Quick ratio
0.76▼
2019 · 2.56
Debt / equity
-1.11▼
2019 · 0.80
ROE
307.0%▲
2019 · 29.2%
ROA
-50.3%▼
2019 · 11.6%
Debt
€80k▲
2019 · €35k
Debt ≤ 1 year
€68k▲
2019 · €17k
Debt > 1 year
€13k▼
2019 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€59k€69k▲
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€11k€9k▼
Current assets29/58€47k€59k▲
Stocks and contracts in progress3€4k€8k▲
Amounts receivable within one year40/41€35k€38k▲
Cash at bank and in hand54/58€8k€13k▲
Equity and liabilities
Total equity and liabilities10/49€59k€69k▲
Equity10/15€23k€-11k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Profit (loss) carried forward14€9k€-26k▼
Amounts payable17/49€35k€80k▲
Amounts payable after more than one year17€19k€13k▼
Amounts payable within one year42/48€17k€68k▲
Trade debts44-€184
Income statement
Code20192020
Turnover70-€157k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Gross operating margin9900€38k€-6k▼
Operating profit (loss)9901€10k€-35k▼
Recurring financial charges65€220€66▼
Profit (loss) for the period before taxes9903€9k€-35k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€7k€-35k▼
Profit (loss) for the period to be appropriated9905€7k€-35k▼
Timeline · acts, filings and financial milestones
2025
22-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Veurne · ZENATI BV ZEELAAN 61/101, 8660 DE PANNE · event 15-01-2025
2023
04-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · ZENATI BV ZEELAAN 61/101, 8660 DE PANNE · event 28-06-2023
2021
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
09-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 38 days late
2019
14-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 164 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK WAEYAERT VLEESHOUWERSSTRAAT 9,
8630 VEURNE |
28-06-2023 → present |