EZA
ActiveSummary
EZA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219,629 and a net result of €19,076. Equity is shrinking by ~3.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,171% above 2024 and is the highest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% 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 497,472 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% | 1.8% |
| 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 14,766 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €14,944 | €60,899 | €51,005 | €1,124 | €42 | ▼ 96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,295 | €16,295 | €16,483 | €18,041 | €20,487 | €20,539 | €19,727 | €7,667 | ▼ 61.1% |
| Other operating charges640/8 | - | - | - | €17,485 | €5,374 | €6,109 | €6,006 | €2,411 | ▼ 59.9% |
| Non-recurring operating charges66A | - | - | - | - | - | €11,578 | - | - | - |
| Gross operating margin9900 | €28,240 | €37,883 | €34,942 | €24,162 | €33,133 | €32,444 | €28,589 | €32,140 | ▲ 12.4% |
| Operating profit (loss)9901 | €7,403 | €17,046 | €13,951 | -€26,309 | -€53,627 | -€56,786 | €1,732 | €22,020 | ▲ 1,171% |
| Financial income75/76B | - | - | - | €74,700 | €6,466 | €23,783 | €17,462 | €7,467 | ▼ 57.2% |
| Recurring financial income75 | - | - | €7,350 | €74,700 | €6,466 | €23,783 | €17,462 | €7,467 | ▼ 57.2% |
| Non-recurring financial income76B | - | - | - | €74,700 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €12,204 | €12,406 | €14,765 | €11,831 | €10,411 | ▼ 12.0% |
| Recurring financial charges65 | €14,908 | €12,116 | €10,833 | €12,204 | €12,406 | €14,765 | €11,831 | €10,411 | ▼ 12.0% |
| Profit (loss) for the period before taxes9903 | -€7,504 | €4,930 | €10,468 | €36,187 | -€59,567 | -€47,769 | €7,363 | €19,076 | ▲ 159% |
| Profit (loss) for the period9904 | -€7,504 | €4,930 | €10,468 | €36,187 | -€59,567 | -€47,769 | €7,363 | €19,076 | ▲ 159% |
| Profit (loss) for the period to be appropriated9905 | -€7,504 | €4,930 | €10,468 | €36,187 | -€59,567 | -€47,769 | €7,363 | €19,076 | ▲ 159% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €1.0m | €1.2m | €0.9m | €0.8m | €0.7m | €0.6m | €0.6m | ▼ 3.1% |
| Fixed assets21/28 | €1.0m | €1.0m | €1.0m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 0.1% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 0.1% |
| Land and buildings22 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 2.2% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.03m | €0.03m | €0.02m | €0.02m | ▼ 6.1% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | €0.04m | €0.05m | €0.06m | ▲ 13.8% |
| Other tangible fixed assets26 | - | - | - | - | - | - | €0.04m | €0.04m | = |
| Financial fixed assets28 | €0.7m | €0.7m | €0.7m | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €0.005m | €0.004m | €0.3m | €0.5m | €0.4m | €0.3m | €0.2m | €0.2m | ▼ 9.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 26.8% |
| Other amounts receivable291 | - | - | - | - | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 26.8% |
| Amounts receivable within one year40/41 | - | €0.004m | €0.02m | €0.04m | €0.01m | €0.005m | €0.006m | €0.003m | ▼ 49.4% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.01m | €0.005m | €0.006m | €0.003m | ▼ 49.4% |
| Current investments50/53 | - | - | - | - | €0.05m | €0.1m | - | - | - |
| Cash at bank and in hand54/58 | €0.005m | - | €86 | €0.5m | €0.2m | €0.06m | €0.06m | €0.005m | ▼ 91.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.002m | €52 | €52 | ▼ 1.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.2m | €0.9m | €0.8m | €0.7m | €0.6m | €0.6m | ▼ 3.1% |
| Equity10/15 | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 9.5% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.03m | €0.03m | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | €0.1m | €0.1m | €0.1m | €0.2m | €0.09m | €0.04m | €0.05m | €0.07m | ▲ 36.8% |
| Amounts payable17/49 | €0.8m | €0.7m | €1.0m | €0.6m | €0.6m | €0.5m | €0.4m | €0.4m | ▼ 9.4% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 8.0% |
| Financial debts170/4 | - | - | - | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 8.0% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.6m | €0.1m | €0.1m | €0.1m | €0.05m | €0.04m | ▼ 21.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | ▼ 10.4% |
| Financial debts43 | - | - | - | €18 | €3 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €18 | €3 | - | - | - | - |
| Trade debts44 | €0.002m | €0.002m | €0.005m | €0.007m | €0.006m | €0.02m | €0.008m | €0.001m | ▼ 83.7% |
| Suppliers440/4 | - | - | - | €0.007m | €0.006m | €0.02m | €0.008m | €0.001m | ▼ 83.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0.02m | - | - | - | - |
| Taxes450/3 | - | - | - | - | €0.004m | - | - | - | - |
| Remuneration and social security454/9 | - | - | - | €0.002m | €0.01m | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.09m | €0.09m | €0.09m | €0.006m | €0.006m | = |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.004m | ▲ 11.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,504 | €4,930 | €10,468 | €36,187 | -€59,567 | -€47,769 | €7,363 | €19,076 | ▲ 159% |
| + Depreciation and write-downs630 | €16,295 | €16,295 | €16,483 | €18,041 | €20,487 | €20,539 | €19,727 | €7,667 | ▼ 61.1% |
| Operating cash flow (approximation) | €8,791 | €21,225 | €26,951 | €54,229 | -€39,080 | -€27,230 | €27,090 | €26,744 | ▼ 1.3% |
| Investment in fixed assets (approximation) | - | €0 | -€1,961 | €584,145 | -€6,148 | -€25,743 | -€57,264 | -€7,368 | ▲ 87.1% |
| Change in cash | - | - | - | €451,485 | -€275,961 | -€116,977 | -€2,538 | -€51,382 | ▼ 1,925% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.