D'ELLE ZEN
ActiveD'ELLE ZEN has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €8k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 56% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+78
Solvency75▼-21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 3.29 in 2024; short-term debt: 50.1% and cash: 39.5% of total assets), and 50.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
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
49.9%
Return on assets
10.5%
Age of the figures
9 mo
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
35 d early
2023
28 d late
2022
7 d early
2021
18 d late
2020
22 d early
2019
31 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▲ 26.8%
2024 · €30k
2018: €2k
2019: €1k
2020: €19k
2021: €29k
2022: €31k
2023: €35k
2024: €30k
2018 → 2025
Total assets
€75k▲ 79.8%
2024 · €42k
2018: €32k
2019: €30k
2020: €49k
2021: €66k
2022: €59k
2023: €51k
2024: €42k
2018 → 2025
Net result
€8k
2024 · €-5k
2018: €-11k
2019: €-548
2020: €17k
2021: €11k
2022: €2k
2023: €4k
2024: €-5k
2018 → 2025
Working capital
€11k▼ 59.1%
2024 · €28k
2018: €2k
2019: €2k
2020: €18k
2021: €30k
2022: €31k
2023: €33k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€31k▲ 5.1%€35k▲ 12.1%€30k▼ 14.6%€38k▲ 26.8%
Operating result€13k-€3k▼ 77.5%€6k▲ 106%€-5k€12k
Net result€11k-€2k▼ 86.2%€4k▲ 150%€-5k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12k after a loss of €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€26k▲ 1,553%
Current assets
€49k▲ 22.1%
Equity and liabilities €75k
Equity
€38k▲ 26.8%
Debt
€38k▲ 208%
The debt ratio rises from 29.2% to 50.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2024 · €-4k
Cash flow
€9k▲
2024 · €-5k
Solvency
49.9%▼
2024 · 70.8%
Current ratio
1.30▼
2024 · 3.29
Quick ratio
1.30▼
2024 · 3.29
Debt / equity
1.00▲
2024 · 0.41
ROE
21.1%▲
2024 · -17.1%
ROA
10.5%▲
2024 · -12.1%
Interest coverage
12.88▲
2024 · -9.17
Debt
€38k▲
2024 · €12k
Debt ≤ 1 year
€38k▲
2024 · €12k
Income taxes
€3k▲
2024 · €112
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€42k€75k▲
Fixed assets21/28€2k€26k▲
Tangible fixed assets22/27€2k€26k▲
Furniture and vehicles24€2k€26k▲
Current assets29/58€40k€49k▲
Amounts receivable within one year40/41€24k€19k▼
Trade receivables40€19k€16k▼
Other amounts receivable41€5k€3k▼
Cash at bank and in hand54/58€16k€30k▲
Deferred charges and accrued income490/1€1k€882▼
Equity and liabilities
Total equity and liabilities10/49€42k€75k▲
Equity10/15€30k€38k▲
Contributions10/11€30k€30k=
Reserves13€4k€7k▲
Distributable reserves133€4k€7k▲
Profit (loss) carried forward14€-4k€359▲
Amounts payable17/49€12k€38k▲
Amounts payable within one year42/48€12k€38k▲
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€2k€31k▲
Income statement
Code20242025
Non-recurring operating income76A-€905
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€492€1k▲
Other operating charges640/8€771€879▲
Gross operating margin9900€-4k€14k▲
Operating profit (loss)9901€-5k€12k▲
Financial income75/76B€282€184▼
Recurring financial income75€282€184▼
Financial charges65/66B€467€1k▲
Recurring financial charges65€467€1k▲
Profit (loss) for the period before taxes9903€-5k€11k▲
Income taxes67/77€112€3k▲
Profit (loss) for the period9904€-5k€8k▲
Profit (loss) for the period to be appropriated9905€-5k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€4k▲
Profit (loss) brought forward from the previous period14P€989€-4k▼
Transfer to equity691/2-€4k
To other reserves6921-€4k
The notes to these accounts (7 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 · micro schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ath · 1 establishment unit since 2012
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.
Chemin du Montquesnoy(Bou) 177803 AthGround area
2,989 m²
Building footprint
158 m²
Parcel 51011A0483/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
D'ELLE ZEN
since 20122.206.834.330
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51011A0483/00N000 | Wallonia | 2,989 m² | 1 · 158 m² | - |
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.
Similar companies · same sector, comparable size
FINE GLOBAL SOLUTIONS
BE 0440.248.554
Wezembeek-Oppem · Eq €38k
FAPS
BE 0472.159.772
Elsene · Eq €38k
MUST TELECOM
BE 0637.868.238
Hannut · Eq €38k
Sorcery Systems Group
BE 0627.629.887
Ham-sur-Heure-Nalinnes · Eq €38k
Immorré
BE 1018.177.326
Berlaar · Eq €38k
Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,314 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-02-2012
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
18120Other printing
47400Retail sale of information and communication equipment
47410Retail trade
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.