STEELS ZANDER
ActiveSTEELS ZANDER has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22k and a net result of €443. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 21% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69=
Solvency44▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.92 in 2023; short-term debt: 33.1% and cash: 14.1% of total assets), and 81.2% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
18.8%
Return on assets
0.4%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 36376 sector peers (2024).
NBB · sector comparisonPosition among 36376 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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
not confirmed
2024
56 d late
2023
1 d early
2022
49 d late
2021
72 d late
2020
1 d late
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€22k▲ 2.0%
2023 · €22k
2019: €30k
2020: €35k
2021: €23k
2022: €22k
2023: €22k
2019 → 2024
Total assets
€119k▼ 8.6%
2023 · €130k
2019: €200k
2020: €182k
2021: €174k
2022: €152k
2023: €130k
2019 → 2024
Net result
€443
2023 · €-126
2019: €1k
2020: €5k
2021: €-12k
2022: €-1k
2023: €-126
2019 → 2024
Working capital
€-2k▲ 12.2%
2023 · €-3k
2019: €6k
2020: €5k
2021: €-10k
2022: €-6k
2023: €-3k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€35k-€23k▼ 34.8%€22k▼ 4.5%€22k▼ 0.6%€22k▲ 2.0%
Operating result€12k-€-7k€2k€4k▲ 85.4%€4k▲ 7.3%
Net result€5k-€-12k€-1k▲ 91.7%€-126▲ 87.7%€443
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 7% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119k
Fixed assets
€82k▼ 15.8%
Current assets
€37k▲ 13.1%
Equity and liabilities €119k
Equity
€22k▲ 2.0%
Debt
€96k▼ 10.7%
The debt ratio falls from 83.2% to 81.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▼
2023 · €23k
Cash flow
€17k▼
2023 · €19k
Solvency
18.8%▲
2023 · 16.8%
Current ratio
0.94▲
2023 · 0.92
Quick ratio
0.91▲
2023 · 0.89
Debt / equity
4.32▼
2023 · 4.94
ROE
2.0%▲
2023 · -0.6%
ROA
0.4%▲
2023 · -0.1%
Interest coverage
10.73▲
2023 · 9.87
Debt
€96k▼
2023 · €108k
Debt ≤ 1 year
€39k▲
2023 · €35k
Debt > 1 year
€57k▼
2023 · €73k
Income taxes
€2k▲
2023 · €2k
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€130k€119k▼
Fixed assets21/28€97k€82k▼
Intangible fixed assets21€2k€985▼
Tangible fixed assets22/27€95k€81k▼
Land and buildings22€75k€68k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€13k€7k▼
Other tangible fixed assets26€1k€3k▲
Current assets29/58€33k€37k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€11k€17k▲
Trade receivables40€11k€17k▲
Other amounts receivable41€7€189▲
Cash at bank and in hand54/58€18k€17k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€130k€119k▼
Equity10/15€22k€22k▲
Contributions10/11€6k€6k=
Reserves13€17k€17k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€-1k€-707▲
Amounts payable17/49€108k€96k▼
Amounts payable after more than one year17€73k€57k▼
Financial debts170/4€73k€57k▼
Amounts payable within one year42/48€35k€39k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€9k€9k▼
Taxes450/3€6k€6k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€8k€8k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€17k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€25k€23k▼
Operating profit (loss)9901€4k€4k▲
Financial income75/76B€6€57▲
Recurring financial income75€6€57▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€2k€2k▲
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€-126€443▲
Profit (loss) for the period to be appropriated9905€-126€443▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-707▲
Profit (loss) brought forward from the previous period14P€-1k€-1k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Back to profitnet €443
Net result €443 after 3 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
31-12
Financial
Weakest financial yearnet €-12k ▼335%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Highest result since 2019net €5k ▲301%
Operating result €12k, net result €5k, both a record.
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
22-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
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, Halle · 1 establishment unit since 2013
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.
Krekelenberg 151502 HalleGround area
1,711 m²
Building footprint
192 m²
Volume, LiDAR
1,189 m³
Parcel 23043E0011/00P000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Steels Zander
since 20132.225.300.952
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23043E0011/00P000 | Flanders | 1,711 m² | 1 · 192 m² | 10.0 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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CRE.HO
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BELPLA
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Of 15,536 companies in sector 43990 we hold annual accounts for 7,420. 5,339 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2013
Fiscal year end31-12
Trade name NL
WOODZ DESIGN
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
43211General electrical installation work
43221Plumbing work
43230Insulation installation
43291Specialised construction activities
43310Plastering work
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.