FROM ZERO 2 HERO
Open bankruptcyA bankruptcy procedure is open for FROM ZERO 2 HERO according to publications in the Belgian State Gazette; curator: OLIVIER VAJDA. The 2024 annual accounts show equity of €11k and a net result of €34k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 20787 sector peers (2024).
NBB · sector comparisonPosition among 20787 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
44 d late
2022
29 d late
2021
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€55k
EBIT margin
-66.3%
Net result
€34k▲ 2,264%
2023 · €1k
2021: €-38k
2022: €11k
2023: €1k
2021 → 2024
Working capital
€24k▲ 96.6%
2023 · €12k
2021: €-38k
2022: €8k
2023: €12k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€55k-
Equity€-35k-€-24k▲ 32.4%€-22k▲ 6.2%€11k
Operating result€-37k-€12k€6k▼ 52.5%€47k▲ 718%
Net result€-38k-€11k€1k▼ 87.0%€34k▲ 2,264%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 718% above 2023 and is the highest year so far.
Balance-sheet composition
Equity and liabilities €47k
Equity
€11k
Debt
€36k
Debt finances 77.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€48k▲
2023 · €19k
Cash flow
€36k▲
2023 · €15k
Solvency
22.9%▲
2023 · -80.0%
Current ratio
2.08▲
2023 · 1.88
Quick ratio
1.33▲
2023 · 0.68
Debt / equity
3.37▲
2023 · -2.25
ROE
320.9%▲
2023 · -6.6%
ROA
73.4%▲
2023 · 5.3%
Interest coverage
45.33▲
2023 · 32.01
Debt
€36k▼
2023 · €50k
Debt ≤ 1 year
€23k▲
2023 · €14k
Debt > 1 year
€2k▼
2023 · €9k
Income taxes
€12k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€28k€47k▲
Fixed assets21/28€1k-
Tangible fixed assets22/27€1k-
Furniture and vehicles24€1k-
Current assets29/58€26k€47k▲
Stocks and contracts in progress3€17k€17k=
Stocks30/36€17k€17k=
Amounts receivable within one year40/41€1€13k▲
Trade receivables40€1€13k▲
Cash at bank and in hand54/58€10k€17k▲
Equity and liabilities
Total equity and liabilities10/49€28k€47k▲
Equity10/15€-22k€11k▲
Contributions10/11€3k€3k=
Reserves13-€33k
Distributable reserves133-€33k
Profit (loss) carried forward14€-25k€-25k=
Amounts payable17/49€50k€36k▼
Amounts payable after more than one year17€9k€2k▼
Financial debts170/4€9k€2k▼
Amounts payable within one year42/48€14k€23k▲
Current portion of amounts payable after more than one year42€7k€7k▼
Trade debts44€369€851▲
Suppliers440/4€369€851▲
Taxes, remuneration and social security45€7k€15k▲
Taxes450/3€7k€14k▲
Remuneration and social security454/9-€1k
Accrued charges and deferred income492/3€27k€12k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€1k▼
Other operating charges640/8€609€950▲
Gross operating margin9900€20k€49k▲
Operating profit (loss)9901€6k€47k▲
Financial charges65/66B€591€1k▲
Recurring financial charges65€591€1k▲
Profit (loss) for the period before taxes9903€5k€46k▲
Income taxes67/77€4k€12k▲
Profit (loss) for the period9904€1k€34k▲
Profit (loss) for the period to be appropriated9905€1k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€9k▲
Profit (loss) brought forward from the previous period14P€-27k€-25k▲
Transfer to equity691/2-€33k
To other reserves6921-€33k
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Neufchâteau · FROM ZERO 2 HERO SRL AYE, RUE TRANQUILLE 1, 6900 MARCHE-EN-FAMENNE · event 19-12-2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €34k ▲2264%
Operating result €47k, net result €34k, both a record.
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial
Liquidity times 12current ratio 1.75
Current ratio from 0.15 to 1.75; short-term debt falls from €45k to €11k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Marche-en-Famenne · 1 establishment unit since 2021
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.
Aye, Rue Tranquille 16900 Marche-en-FamenneGround area
151 m²
Building footprint
168 m²
Parcel 83002B0926/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Spirits&
since 20212.313.318.554
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83002B0926/00E000 | Wallonia | 151 m² | 1 · 168 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | OLIVIER VAJDA RUE VICTOR LIBERT 45,
6900 MARCHE-EN-FAMENNE |
19-12-2025 → present |
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Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 9,821 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2021
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.