ENZO
ActiveSummary
ENZO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104,185 and a net result of -€7,712. Equity is shrinking by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 12829 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-64
Solvency100▲+31
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 10.14 against 1.8 in 2024; short-term debt: 9.6% and cash: 50.7% of total assets), and 10.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.4%
Return on assets
-6.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
7 d early
2023
6 d late
2022
13 d late
2021
4 d late
2020
23 d late
2019
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 4 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€104,185▼ 14.1%
2024 · €121,303
Total assets
€116,518▼ 57.4%
2024 · €273,483
Net result
-€7,712
2024 · €12,555
Working capital
€102,631▼ 13.8%
2024 · €119,085
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€17,587▼ 27.9%€2,736▼ 84.4%€2,517▼ 8.0%€17,036▲ 577%-€12,188
Net result€11,345within the sector's middle half▼ 23.9%€2,219below the sector's middle half▼ 80.4%€1,993below the sector's middle half▼ 10.2%€12,555within the sector's middle half▲ 530%-€7,712below the sector's middle half
Equity€238,062within the sector's middle half▲ 5.0%€165,874within the sector's middle half▼ 30.3%€167,067within the sector's middle half▲ 0.7%€121,303within the sector's middle half▼ 27.4%€104,185within the sector's middle half▼ 14.1%
Total assets€293,116within the sector's middle half▲ 12.0%€286,986within the sector's middle half▼ 2.1%€296,312within the sector's middle half▲ 3.2%€273,483within the sector's middle half▼ 7.7%€116,518within the sector's middle half▼ 57.4%
Debt€55,054▲ 57.7%€121,112▲ 120%€129,245▲ 6.7%€152,179▲ 17.7%€12,332▼ 91.9%
Working capital€218,123above the sector's middle half▲ 12.5%€146,165within the sector's middle half▼ 33.0%€161,233within the sector's middle half▲ 10.3%€119,085within the sector's middle half▼ 26.1%€102,631within the sector's middle half▼ 13.8%
Solvency81.2%above the sector's middle half▼ 5.4pp57.8%within the sector's middle half▼ 23.4pp56.4%within the sector's middle half▼ 1.4pp44.4%within the sector's middle half▼ 12.0pp89.4%above the sector's middle half▲ 45.1pp
Current ratio5.15above the sector's middle half▼ 1.612.22within the sector's middle half▼ 2.932.26within the sector's middle half▲ 0.041.80within the sector's middle half▼ 0.4710.14above the sector's middle half▲ 8.34
Return on assets (ROA)3.9%within the sector's middle half▼ 1.8pp0.8%below the sector's middle half▼ 3.1pp0.7%below the sector's middle half▼ 0.1pp4.6%below the sector's middle half▲ 3.9pp-6.6%below the sector's middle half▼ 11.2pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12,188 after €17,036 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116,518
Fixed assets
€2,654 ▼ 45.3%
Current assets
€113,863 ▼ 57.6%
Equity and liabilities €116,518
Equity
€104,185 ▼ 14.1%
Debt
€12,332 ▼ 91.9%
Debt's share of the balance-sheet total falls from 55.6% to 10.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€9,992▼
2024 · €19,518
Cash flow
-€5,517▼
2024 · €15,038
Debt to equity
0.12▼
2024 · 1.25
ROE
-7.4%▼
2024 · 10.4%
Interest coverage
-252.65▼
2024 · 591.46
Debt ≤ 1 year
€11,232▼
2024 · €149,548
Income taxes
€479▼
2024 · €6,440
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,688 | €13,020 | €13,627 | €2,483 | €2,195 | ▼ 11.6% |
| Other operating charges640/8 | - | €994 | €1,002 | €1,298 | €1,073 | ▼ 17.3% |
| Gross operating margin9900 | €29,944 | €16,750 | €17,146 | €20,816 | -€8,919 | ▼ 143% |
| Operating profit (loss)9901 | €17,587 | €2,736 | €2,517 | €17,036 | -€12,188 | ▼ 172% |
| Financial income75/76B | - | €1,570 | €2,362 | €1,992 | €4,994 | ▲ 151% |
| Recurring financial income75 | €1,276 | €1,570 | €2,362 | €1,992 | €4,994 | ▲ 151% |
| Financial charges65/66B | - | €32 | €31 | €33 | €40 | ▲ 19.8% |
| Recurring financial charges65 | €1,265 | €32 | €31 | €33 | €40 | ▲ 19.8% |
| Profit (loss) for the period before taxes9903 | €17,598 | €4,273 | €4,848 | €18,995 | -€7,233 | ▼ 138% |
| Income taxes67/77 | €6,252 | €2,055 | €2,856 | €6,440 | €479 | ▼ 92.6% |
| Profit (loss) for the period9904 | €11,345 | €2,219 | €1,993 | €12,555 | -€7,712 | ▼ 161% |
| Profit (loss) for the period to be appropriated9905 | €11,345 | €2,219 | €1,993 | €12,555 | -€7,712 | ▼ 161% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €293,116 | €286,986 | €296,312 | €273,483 | €116,518 | ▼ 57.4% |
| Fixed assets21/28 | €22,428 | €20,959 | €7,333 | €4,850 | €2,654 | ▼ 45.3% |
| Tangible fixed assets22/27 | €22,428 | €20,959 | €7,333 | €4,850 | €2,654 | ▼ 45.3% |
| Furniture and vehicles24 | - | €19,436 | €6,161 | €4,030 | €2,186 | ▼ 45.8% |
| Other tangible fixed assets26 | - | €1,523 | €1,172 | €820 | €469 | ▼ 42.9% |
| Current assets29/58 | €270,688 | €266,026 | €288,980 | €268,633 | €113,863 | ▼ 57.6% |
| Amounts receivable within one year40/41 | €78,707 | €72,880 | €77,313 | €63,098 | €54,843 | ▼ 13.1% |
| Trade receivables40 | - | €2,792 | €5,071 | €1,271 | €5,320 | ▲ 318% |
| Other amounts receivable41 | - | €70,088 | €72,242 | €61,827 | €49,522 | ▼ 19.9% |
| Current investments50/53 | - | - | - | €100,000 | - | - |
| Cash at bank and in hand54/58 | €191,981 | €193,147 | €211,666 | €105,535 | €59,021 | ▼ 44.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €293,116 | €286,986 | €296,312 | €273,483 | €116,518 | ▼ 57.4% |
| Equity10/15 | €238,062 | €165,874 | €167,067 | €121,303 | €104,185 | ▼ 14.1% |
| Contributions10/11 | - | €37,200 | €37,200 | €37,200 | €37,200 | = |
| Reserves13 | €187,442 | €116,054 | €118,047 | €73,083 | €64,511 | ▼ 11.7% |
| Non-distributable reserves130/1 | - | €3,720 | €3,720 | - | - | - |
| Reserves not available under the articles1311 | - | €3,720 | €3,720 | - | - | - |
| Tax-exempt reserves132 | - | €18,604 | €18,604 | €18,604 | €18,604 | = |
| Distributable reserves133 | - | €93,730 | €95,723 | €54,479 | €45,906 | ▼ 15.7% |
| Profit (loss) carried forward14 | €13,420 | €12,620 | €11,820 | €11,020 | €2,475 | ▼ 77.5% |
| Amounts payable17/49 | €55,054 | €121,112 | €129,245 | €152,179 | €12,332 | ▼ 91.9% |
| Amounts payable within one year42/48 | €52,565 | €119,862 | €127,747 | €149,548 | €11,232 | ▼ 92.5% |
| Trade debts44 | €5,802 | €6,784 | €7,690 | €4,254 | €3,285 | ▼ 22.8% |
| Suppliers440/4 | - | €6,784 | €7,690 | €4,254 | €3,285 | ▼ 22.8% |
| Advances received on contracts in progress46 | - | €5,198 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €10,709 | €7,184 | €5,084 | €1,032 | ▼ 79.7% |
| Taxes450/3 | - | €10,709 | €7,184 | €5,084 | €1,032 | ▼ 79.7% |
| Other amounts payable47/48 | - | €97,171 | €112,873 | €140,210 | €6,916 | ▼ 95.1% |
| Accrued charges and deferred income492/3 | - | €1,250 | €1,498 | €2,631 | €1,100 | ▼ 58.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,345 | €2,219 | €1,993 | €12,555 | -€7,712 | ▼ 161% |
| + Depreciation and write-downs630 | €11,688 | €13,020 | €13,627 | €2,483 | €2,195 | ▼ 11.6% |
| Operating cash flow (approximation) | €23,033 | €15,239 | €15,620 | €15,038 | -€5,517 | ▼ 137% |
| Investment in fixed assets (approximation) | - | -€11,552 | €0 | €0 | €0 | - |
| Change in cash | - | €1,165 | €18,520 | -€106,131 | -€46,514 | ▲ 56.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€7,712
Net result drops to -€7,712, the lowest in the series.
30-06
Financial
Liquidity times 6current ratio 10.14
Current ratio from 1.80 to 10.14; short-term debt falls from €149,548 to €11,232.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
13-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 13 days late
2022
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
30-06
Financial
Highest result since 2019net €14,906 ▲73.9%
Operating result €24,409, net result €14,906, both a record.
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
25-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
26-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Zonhoven · 2 establishment units since 1998
Ground area
2,272 m²
Building footprint
390 m²
Volume, LiDAR
1,877 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
ENZO
since 19982.198.122.047
ENZO
since 20112.197.975.161
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71443E0897/00X000 | Flanders | 1,299 m² | 1 · 256 m² | 7.4 m · 1 fl. |
| 71066B0554/00F000 | Flanders | 973 m² | 1 · 133 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
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TaLeM
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G.Gérard Réviseur d’Entreprises
BE 1010.331.313
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A. VAN RYSSEGHEM BEDRIJFSREVISOREN
BE 0476.653.050
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Of 945 companies in sector 69203 we hold annual accounts for 662. 499 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-08-1998
Fiscal year end30-06
Activities, NACEBEL 2025
69203Activities of company auditors
Contact
E-mail
info@bedrijfsrevisormmassy.beZonhoven
Phone
011/81.89.69Zonhoven
Fax
011/81.86.46Zonhoven
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463889137
Also
9925:BE0463889137
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.