REDERIJ Z.189
The computed 12-month bankruptcy probability of REDERIJ Z.189 is 1.9% (moderate). The 2024 annual accounts show equity of €511k and a net result of €22k. Equity is growing by ~52.8% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €511k |
| Net result | €22k |
| Staff (FTE) | 5.4 |
| Active | 5 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €123k |
| Net profit | €22k |
| Cash flow | €89k |
| Staff costs | €310k |
| Income taxes | €19k |
| Dividends | - |
| Total assets | €1.02M |
| Equity | €511k |
| Debt | €479k |
| of which ≤ 1y | €165k |
| of which > 1y | €312k |
| Working capital | €237k |
| Employees (FTE) | 5.4 |
| 2024 | |
|---|---|
| Current ratio | 2.43 |
| Quick ratio | 2.43 |
| Working capital ratio | 23.1% |
| Solvency | 49.9% |
| Debt / equity | 0.94 |
| Long-term debt ratio | 0.61 |
| Interest coverage | 7.76 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.2% |
| ROE | 4.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.02M |
| Fixed assets | 21/28 | €621k |
| Formation expenses | 20 | €359 |
| Tangible fixed assets | 22/27 | €619k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €402k |
| Amounts receivable within one year | 40/41 | €43k |
| Cash & bank | 54/58 | €353k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.02M |
| Equity | 10/15 | €511k |
| Contributions / capital | 10/11 | €170k |
| Accumulated profits (losses) | 14 | €121k |
| Provisions & deferred taxes | 16 | €33k |
| Amounts payable | 17/49 | €479k |
| Amounts payable after one year | 17 | €312k |
| Amounts payable within one year | 42/48 | €165k |
| Trade debts payable within one year | 44 | €17k |
| Income statement | ||
| Gross operating margin | 9900 | €469k |
| Operating result | 9901 | €55k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €16k |
| Result before taxes | 9903 | €41k |
| Income taxes | 67/77 | €19k |
| Net result for the period | 9904 | €22k |
| Result to be appropriated | 9905 | €22k |
-
BV SabimarLegal entityDirector· perm. rep.: Sabine CouwyzerState Gazette act 21115033 (27-09-2021)Current21-06-2021 → present
-
Current21-06-2021 → present
Former directors (1)
-
Former- → 21-06-2021
| NACE primary | 03110 |
| Legal form | Private limited company(610) |
| Incorporation | 23-06-2021 |
| Status | Active |
| Postal code | 8301 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31336H1125/00_000 | Flanders | 105 m² | 1 · 105 m² | 14.9 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
27-02-2026 1 director appointed, 2 resigning
- Maureen Vanovenberghe, Bestuurder
- Sabine COUWYZER, Bestuurder
- Joos De Ridder, Bestuurder
Technical details
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"notary": {
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"firm_city": null,
"firm_name": null,
"office_city": "Luik",
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"act_meta": {
"language": "nl",
"pub_date": "2026-02-27",
"filing_date": "2026-02-19",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2026-01-12",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0770.241.663",
"name_full": "REDERIJ Z.189",
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"co_filed_documents": [],
"corrected_publication_numac": null
}21-02-2024 Capital increase of €150,000 to €170,000
- €20.000 → €170.000
Technical details
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"amount": 150000,
"currency": "EUR",
"after_eur": 170000,
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"before_eur": 20000,
"amount_type": "kapitaal_effectief",
"effective_date": "2023-12-13",
"evidence_quote": "De vergadering besluit om, overeenkomstig artikel 5:120 \u00A7 2 WVV de bijkomende inbreng in geld door de enige aandeelhouder ten belope van honderd vijftig duizend euro (\u20AC 150.000,00) te aanvaarden, zonder uitgifte van nieuwe aandelen.",
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}27-09-2021 2 directors appointed, 1 resigning
- Joos DE RIDDER, Bestuurder
- Sabine Couwyzer, Bestuurder
- Sabine Couwyzer, Bestuurder
Technical details
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}25-06-2021 Incorporation of a new BV
Technical details
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"founders": [
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"org": {
"kbo": "0742.891.029",
"name": "J.J. DE RIDDER BEHEER BV"
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"amount_paid_in_eur": 20000,
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"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | REDERIJ Z.189 |