S&Z INTERNATIONAL
ActiveS&Z INTERNATIONAL has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €44k and a net result of €6k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
93
/ 100
Excellent▲ +15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-7
Solvency100▲+15
Growth63▼-4
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.22 against 1.79 in 2023), and 23.3% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
76.7%
Return on assets
10.6%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-12-2025, 124 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
124 d late
2023
42 d late
2022
84 d late
2021
39 d early
2020
61 d early
2019
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€440k▼ 14.8%
2023 · €516k
2018: €437k
2019: €352k
2020: €396k
2021: €399k
2022: €502k
2023: €516k
2018 → 2024
EBIT margin
1.4%▲ 0.3pp
2023 · 1.1%
2018: 0.2%
2019: 0.4%
2020: 0.6%
2021: 0.4%
2022: 1.6%
2023: 1.1%
2018 → 2024
Net result
€6k▲ 11.9%
2023 · €5k
2018: €715
2019: €1k
2020: €2k
2021: €2k
2022: €8k
2023: €5k
2018 → 2024
Working capital
€43k▲ 36.8%
2023 · €31k
2018: €13k
2019: €14k
2020: €17k
2021: €18k
2022: €26k
2023: €31k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€396k-€399k▲ 0.7%€502k▲ 25.8%€516k▲ 2.7%€440k▼ 14.8%
Equity€18k-€19k▲ 8.6%€27k▲ 40.5%€32k▲ 20.2%€44k▲ 35.6%
Operating result€3k-€2k▼ 40.0%€8k▲ 417%€5k▼ 30.2%€6k▲ 11.8%
Net result€2k-€2k▼ 38.7%€8k▲ 414%€5k▼ 29.9%€6k▲ 11.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 12% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €57k
Fixed assets
€1k=
Current assets
€56k▼ 21.1%
Equity and liabilities €57k
Equity
€44k▲ 35.6%
Debt
€13k▼ 66.6%
The debt ratio falls from 55.2% to 23.3%: equity grows while debt is paid down.
Key figures and ratios
Solvency
76.7%▲
2023 · 44.8%
Current ratio
4.22▲
2023 · 1.79
Quick ratio
3.43▲
2023 · 1.60
Debt / equity
0.30▼
2023 · 1.23
ROE
13.9%▼
2023 · 16.8%
ROA
10.6%▲
2023 · 7.5%
Debt
€13k▼
2023 · €40k
Debt ≤ 1 year
€13k▼
2023 · €40k
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€72k€57k▼
Fixed assets21/28€1k€1k=
Tangible fixed assets22/27€1k€1k=
Furniture and vehicles24€1k€1k=
Current assets29/58€71k€56k▼
Stocks and contracts in progress3€8k€11k▲
Stocks30/36€8k€11k▲
Amounts receivable within one year40/41€2k€10k▲
Other amounts receivable41€2k€10k▲
Cash at bank and in hand54/58€8k€7k▼
Deferred charges and accrued income490/1€54k€28k▼
Equity and liabilities
Total equity and liabilities10/49€72k€57k▼
Equity10/15€32k€44k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€26k€38k▲
Amounts payable17/49€40k€13k▼
Amounts payable within one year42/48€40k€13k▼
Trade debts44€40k-
Suppliers440/4€40k-
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48-€9k
Income statement
Code20232024
Turnover70€516k€440k▼
Goods, raw materials, services and sundry goods60/61€505k€434k▼
Remuneration, social security and pensions62€5k-
Other operating charges640/8€269-
Gross operating margin9900€11k€6k▼
Operating profit (loss)9901€5k€6k▲
Financial charges65/66B€11€11=
Recurring financial charges65€11€11=
Profit (loss) for the period before taxes9903€5k€6k▲
Profit (loss) for the period9904€5k€6k▲
Profit (loss) for the period to be appropriated9905€5k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€32k▲
Profit (loss) brought forward from the previous period14P€21k€26k▲
Shareholders' contribution to the loss794-€5k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 124 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 4.22
Current ratio from 1.79 to 4.22; short-term debt falls from €40k to €13k.
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 84 days late
2022
31-12
Financial
Highest result since 2018net €8k ▲414%
Operating result €8k, net result €8k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 35 days late
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 87 days late
2017
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 114 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waterloo · 1 establishment unit since 2014
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.
Rue Dury (Emile) 2041410 Waterloo1 establishment unit
Harji Alimentation
since 20142.232.097.880
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaterloo2.232.097.880
Similar companies · same sector, comparable size
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DA ZICARI
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NADAYA
BE 0707.709.525
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IKRA - SU
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KHANS RETAIL
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Antwerpen · Eq €44k
Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 4,544 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2014
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47252Retail sale of beverages, general range
47260Retail trade
47783Retail trade
47784Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filings
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.