GZK
ActiveGZK has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154k and a net result of €9k. Equity is shrinking by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+27
Solvency55▲+2
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.4 in 2024; short-term debt: 69.5% and cash: 1.6% of total assets), and 69.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
30.5%
Return on assets
1.7%
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 22-07-2026, 9 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
9 d early
2024
27 d early
2023
13 d early
2022
3 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€154k▲ 5.9%
2024 · €145k
2022: €226k
2023: €191k
2024: €145k
2022 → 2025
Total assets
€503k▼ 1.5%
2024 · €511k
2022: €619k
2023: €938k
2024: €511k
2022 → 2025
Net result
€9k
2024 · €-46k
2022: €-25k
2023: €-35k
2024: €-46k
2022 → 2025
Working capital
€154k▲ 5.9%
2024 · €145k
2022: €583k
2023: €901k
2024: €145k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€226k-€191k▼ 15.3%€145k▼ 24.2%€154k▲ 5.9%
Operating result€-20k-€-4k▲ 79.2%€-17k▼ 310%€9k
Net result€-25k-€-35k▼ 40.5%€-46k▼ 33.7%€9k
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: €9k after a loss of €17k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €503k
Equity
€154k▲ 5.9%
Debt
€350k▼ 4.5%
The debt ratio falls from 71.6% to 69.5%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
30.5%▲
2024 · 28.4%
Current ratio
1.44▲
2024 · 1.40
Quick ratio
0.12▼
2024 · 0.14
Debt / equity
2.28▼
2024 · 2.53
ROE
5.6%▲
2024 · -31.8%
ROA
1.7%▲
2024 · -9.0%
Debt
€350k▼
2024 · €366k
Debt ≤ 1 year
€350k▼
2024 · €366k
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€511k€503k▼
Current assets29/58€511k€503k▼
Stocks and contracts in progress3€460k€460k=
Stocks30/36€460k€460k=
Amounts receivable within one year40/41€51k€35k▼
Trade receivables40€9k€5k▼
Other amounts receivable41€41k€30k▼
Cash at bank and in hand54/58€613€8k▲
Deferred charges and accrued income490/1€199€696▲
Equity and liabilities
Total equity and liabilities10/49€511k€503k▼
Equity10/15€145k€154k▲
Contributions10/11€250k€250k=
Profit (loss) carried forward14€-105k€-97k▲
Amounts payable17/49€366k€350k▼
Amounts payable within one year42/48€366k€350k▼
Current portion of amounts payable after more than one year42€317k€304k▼
Trade debts44€635€5k▲
Suppliers440/4€635€5k▲
Other amounts payable47/48€49k€42k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61-€10k
Other operating charges640/8€4k€2k▼
Gross operating margin9900€-13k€10k▲
Operating profit (loss)9901€-17k€9k▲
Financial income75/76B€3k€1▼
Recurring financial income75€3k€1▼
Financial charges65/66B€33k€54▼
Recurring financial charges65€33k€54▼
Profit (loss) for the period before taxes9903€-46k€9k▲
Profit (loss) for the period9904€-46k€9k▲
Profit (loss) for the period to be appropriated9905€-46k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-105k€-97k▲
Profit (loss) brought forward from the previous period14P€-59k€-105k▼
The notes to these accounts (1 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
31-12
Financial
Equity above €150kEq €154k ▲5.9%
Equity rises from €145k to €154k.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Mechelen · 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.
Wupstraat(MZN) 402812 MechelenGround area
4,349 m²
Building footprint
330 m²
Volume, LiDAR
2,005 m³
Parcel 12409D0233/00S000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GZK
since 20212.320.443.896
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12409D0233/00S000 | Flanders | 4,349 m² | 1 · 330 m² | 9.3 m · 2 fl. |
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.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,336 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2021
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.