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iZen Concept

Active Private limited companyfounded 2020active for 6 yearsRue des Vergiers 74, 4500 HuyKBO/BCE: BE 0742.574.788

Lifetime

6 annual accounts with figures on one time axis
peak €69,471 (2025)
€69,471▲ 118%
lowest -€10,829 (2020)
€46,341▲ 142%
peak €78,325 (2025)
€78,325▲ 145%
€71,725▲ 61.3%
Board1 name since 2020
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €31,899 to €69,471Result from €19,154 to €46,341Equity from €31,985 to €78,325Debts from €44,473 to €71,725Investments €18,606

Key points

from the 2025 annual accounts

Equity

€78,325 ▲ 145%

iZen Concept has made a profit without a break since 2021.

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Investments

€18,606 3.8 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Liquidity

2.07 was 1.56 in 2024

Short-term debts rose from €44,473 to €62,594.

Filings

6 annual accounts 4 late
AprilJune31 JulyOctober202020222024

The 2025 accounts came latest: 31 days after the end of the period.

Position in the sector

€46,341

Higher net result than 80% of companies in real estate. Sector median €5,854 · 19,790 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,969 companies had the same profile as iZen Concept has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,969 companies, not a prediction for iZen Concept. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 28-01-2020
  • 1,000 sharesdeed of 30-01-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0742574788
Incorporation Founding capital of €1,300, 1,000 shares · Founder: · Appointment: (director) · published on 30-01-2020 · Gazette deed
First establishment Rue des Vergiers 74, Huy
All 13 events

Comparable companies

same main activity, similar in size and age
Company
iZen Concept Huy €150,050 €69,471 52.2% -
Fobopro Scherpenheuvel-Zichem €159,542 €53,544 63.4% -
VANDENDRIESSCHE BOUWCOÖRDINATIE Zedelgem €169,878 €83,006 79.1% -
CJS-IMMOBILIER Tournai €172,091 €86,390 81.3% -
MAKID-Development Mechelen €145,127 €54,504 96.0% -
Immotecta Brussels €143,400 €70,160 71.4% -
BOUWADVIES BONA FIDE Blankenberge €140,148 €59,906 51.1% -

These companies have the same main activity as iZen Concept: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €140,000 and €172,000, founded in 2020.

Official details

Source: KBO
Status
Active since 28-01-2020Normal situation
Activity
Development of residential building projectsNACE 68121and 5 others
Establishment unit
2.300.208.3124500 Huy, since 28-01-2020
Financial year end
31 December
Peppol
Reachable since 08-12-2025
Company details

Annual accounts 2025

€150,050▲ 96.3%
Filing
Filed on 31-08-2026
Financials

Insights on iZen Concept

iZen Concept files the micro format. That format states no turnover. The gross margin rose from -€10,781 in 2020 to €69,471 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about iZen Concept

What is the company number of iZen Concept?
The company number of iZen Concept is 0742.574.788. The VAT number is the same number with BE in front: BE 0742.574.788.
Where is iZen Concept based?
The registered office is at Rue des Vergiers 74, 4500 Huy.Company details
What does iZen Concept do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of iZen Concept?
iZen Concept is a private limited company (BV).
When was iZen Concept founded?
iZen Concept was founded on 28-01-2020.
Is iZen Concept still active?
Yes, iZen Concept is an active enterprise in the KBO register.
What is the turnover of iZen Concept?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €69,471 and 48 comparable companies (NACE 681). It probably lies between €94,000 and €430,000.Financials
Is iZen Concept profitable?
In financial year 2025, iZen Concept made a profit of €46,341.
Where can I find the annual accounts of iZen Concept?
iZen Concept filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of iZen Concept due?
iZen Concept must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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