Financials
- Fiscal year
- 2025
- Total assets
- €773,344
- Loss
- -€232,647
- Solvency
- 73.5%
Total assets▼ 24.9%
Net result
20182025
IMMO ZENUN
ActiveSummary
IMMO ZENUN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €568,631 and a net result of -€232,647. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 70% of 10522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Business and other management consultancy
NACE 70200Business consulting NACE 70220
1 site
Size
€773,344total assets 2025
- Staff
- 1 FTE
- Equity
- €568,631
- Loss
- -€232,647
Turnover not published (abridged schema)Net result -1,008%: other schema
Structure
Accounts filed 10 d late0 of 9 deeds read
Why 84- Loss of €232,647, the second in a row (FY 2025)- 1 change of registered office in 24 months+ Liquidity: current ratio 14.72, cash €216,602+ Sector Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Score 2025
84
/ 100
Excellent
Probability in this band: under 0.55%
Better than 42% of its sector peers (NACE 70, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
99-1
equity 73.5% of total assets
Liquidity
85+27
short-term debt 3.7% · cash 28.0%
Profitability
0-16
return on assets -30.1%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● 0.0% vs 11-2024
01-2025: 0.3%▼ -0.6% vs 12-2024
02-2025: 0.3%▲ +2.6% vs 01-2025
03-2025: 0.3%▼ -0.3% vs 02-2025
04-2025: 0.3%▲ +2.2% vs 03-2025
05-2025: 0.3%▼ -1.9% vs 04-2025
06-2025: 0.3%▲ +7.3% vs 05-2025
07-2025: 0.4%▲ +15.1% vs 06-2025
08-2025: 0.6%▲ +49.2% vs 07-2025highest value
09-2025: 0.1%▼ -83.6% vs 08-2025lowest value
10-2025: 0.1%● 0.0% vs 09-2025lowest value
11-2025: 0.3%▲ +182% vs 10-2025
12-2025: 0.3%● 0.0% vs 11-2025
01-2026: 0.3%▼ -0.7% vs 12-2025
02-2026: 0.3%▲ +1.9% vs 01-2026
03-2026: 0.3%▼ -0.7% vs 02-2026
04-2026: 0.3%▲ +1.1% vs 03-2026
05-2026: 0.3%▲ +7.7% vs 04-2026
06-2026: 0.3%▼ -1.4% vs 05-2026
07-2026: 0.3%▲ +12.1% vs 06-2026
08-2026: 0.5%▲ +51.5% vs 07-2026
09-2026: 0.3%▼ -31.6% vs 08-2026
10-2026: 0.3%● 0.0% vs 09-2026
- Loss of €232,647, the second in a row (FY 2025) raises the probability
- 1 change of registered office in 24 months raises the probability
- Liquidity: current ratio 14.72, cash €216,602 lowers the probability
- Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 14.72 against 23.51 in 2024; short-term debt: 3.7% and cash: 28% of total assets), and 26.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, micro). Better than this share of them on solvency 70%, liquidity 77%, profitability 4%, growth against the median 18%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€232,647
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
27 d late
2023
64 d late
2022
54 d late
2021
61 d late
2020
31 d late
2019
56 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 43 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€232,647
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 10-08-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 27-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 08-10-2004
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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