SZ INVEST
ActiveSummary
SZ INVEST has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €183k and a net result of €6k. Equity is growing by ~41% per year across the filed fiscal years. Its solvency ranks better than 77% of 2280 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-8
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 4.67 against 3.01 in 2023; short-term debt: 18.8% and cash: 1% of total assets), and 18.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-10-2025, 73 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
73 d late
2023
68 d late
2022
75 d late
2021
122 d late
2020
61 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€183k▲ 3.5%
2023 · €177k
2018: €15k
2019: €54k
2020: €63k
2021: €88k
2022: €154k
2023: €177k
2018 → 2024
Total assets
€225k▼ 8.7%
2023 · €247k
2018: €54k
2019: €141k
2020: €92k
2021: €150k
2022: €248k
2023: €247k
2018 → 2024
Net result
€6k▼ 72.4%
2023 · €23k
2018: €-6k
2019: €39k
2020: €9k
2021: €25k
2022: €66k
2023: €23k
2018 → 2024
Working capital
€156k▲ 10.5%
2023 · €141k
2018: €-39k
2019: €5k
2020: €17k
2021: €48k
2022: €120k
2023: €141k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€63k-€88k▲ 39.0%€154k▲ 75.9%€177k▲ 14.7%€183k▲ 3.5%
Operating result€9k-€25k▲ 189%€96k▲ 285%€42k▼ 56.5%€14k▼ 66.9%
Net result€9k-€25k▲ 187%€66k▲ 171%€23k▼ 65.9%€6k▼ 72.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €225k
Fixed assets
€27k ▼ 24.0%
Current assets
€198k ▼ 6.1%
Equity and liabilities €225k
Equity
€183k ▲ 3.5%
Debt
€42k ▼ 39.4%
Debt's share of the balance-sheet total falls from 28.4% to 18.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2023 · €50k
Cash flow
€15k▼
2023 · €31k
Current ratio
4.67▲
2023 · 3.01
Debt to equity
0.23▼
2023 · 0.40
ROE
3.4%▼
2023 · 12.8%
ROA
2.8%▼
2023 · 9.2%
Interest coverage
24.96▲
2023 · 23.67
Debt ≤ 1 year
€42k▼
2023 · €70k
Income taxes
€7k▼
2023 · €17k
Staff costs
€274k▼
2023 · €408k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€247k€225k▼
Fixed assets21/28€36k€27k▼
Intangible fixed assets21€25k€20k▼
Tangible fixed assets22/27€10k€7k▼
Furniture and vehicles24€10k€7k▼
Current assets29/58€211k€198k▼
Amounts receivable within one year40/41€142k€128k▼
Trade receivables40€108k€64k▼
Other amounts receivable41€34k€64k▲
Current investments50/53€59k€67k▲
Cash at bank and in hand54/58€9k€2k▼
Deferred charges and accrued income490/1€594€862▲
Equity and liabilities
Total equity and liabilities10/49€247k€225k▼
Equity10/15€177k€183k▲
Contributions10/11€75k€75k=
Profit (loss) carried forward14€102k€108k▲
Amounts payable17/49€70k€42k▼
Amounts payable within one year42/48€70k€42k▼
Trade debts44€56k€22k▼
Suppliers440/4€56k€22k▼
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€8k€7k▼
Other amounts payable47/48€7k€14k▲
Income statement
Code20232024
Remuneration, social security and pensions62€408k€274k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€1k€673▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€461k€297k▼
Operating profit (loss)9901€42k€14k▼
Financial income75/76B€26€547▲
Recurring financial income75€26€547▲
Financial charges65/66B€2k€899▼
Recurring financial charges65€2k€899▼
Profit (loss) for the period before taxes9903€40k€14k▼
Income taxes67/77€17k€7k▼
Profit (loss) for the period9904€23k€6k▼
Profit (loss) for the period to be appropriated9905€23k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€102k€108k▲
Profit (loss) brought forward from the previous period14P€79k€102k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
21-08
State Gazette act
Resignation: Jonathan Perlini (director)2 facts ▸
State Gazette act
Resignation: Jonathan Perlini (director)
2 facts ▸
- General meeting, 27-02-2026
- Director resignation, Jonathan Perlini (director)
2025
12-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 73 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 75 days late
2022
31-12
Financial
Highest result since 2018net €66k ▲171%
Operating result €96k, net result €66k, both a record.
31-12
Financial
Equity above €150kEq €154k ▲75.9%
4 profitable years in a row build equity to €154k.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
31-12
Financial
Liquidity times 74current ratio 1.06
Current ratio from 0.01 to 1.06.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
14-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 226 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 8 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
27-02-2026
Resigned as Director
Location & real-estate footprint
Registered office, La Hulpe · 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.
Chaussée de Bruxelles 135A1310 La HulpeGround area
5.5 ha
Building footprint
1.5 ha
Volume, LiDAR
150,696 m³
Parcel 25050E0040/00S000, Wallonia · tallest building 21.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SZ INVEST
since 20142.227.476.029
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050E0040/00S000 ProtectedSite or landscape |
Wallonia | 5.5 ha | 1 · 1.5 ha | 21.1 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 2,789 companies in sector 63910 we hold annual accounts for 700. 489 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
63910Web portal activities
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0474/838331