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X-ZEN

Active
Private limited companyfounded 2021active for 5 yearsOuwegemsesteenweg 126, 9750 Kruisem, BelgiumKBO/BCE: BE 0769.819.417

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of X-ZEN is 1.7% (moderate). The 2025 annual accounts show negative equity (-€45,468) and a net result of -€3,798. Equity has been shrinking by about 11% per year since 2022. Its solvency ranks better than 5% of 1,597 sector peers (NACE 55, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 17-06-2021 Normal situation
Activity
Guest rooms (bed and breakfast) NACE 55204and 1 other
Establishment unit
2.318.733.035 9750 Kruisem, since 17-06-2021
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • HEIRMAN JANDirector

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
-€1,202
▲ 27.8%
Loss
€3,798
▼ 19.8%
Equity
-€45,468
▼ 9.1%
Total assets
€14,184
▼ 19.8%
Turnover not published (micro format)
Filed on 24-06-2026, 37 days before the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 0.00, cash €5, halvedNegative equity -€45,468lowers riskSize: total assets €14,184Figures for financial year 2025 (filed on 24-06-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 11% of micro companies in accommodation (NACE 55)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -320.6% of total assets
Liquidity 0-1
short-term debt 420.6% · cash 0.0%
Profitability 0=
return on assets -26.8%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,520 companies, NACE 55, micro)
Last 24 months 11-2024: 2.6%highest value 12-2024: 2.6%● unchanged vs 11-2024highest value 01-2025: 2.6%● unchanged vs 12-2024highest value 02-2025: 2.3%▼ -0.3 percentage points vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.4%▲ +0.1 percentage points vs 03-2025 05-2025: 2.5%▲ +0.1 percentage points vs 04-2025 06-2025: 2.4%▼ -0.1 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 1.8%▼ -0.6 percentage points vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 2.0%▲ +0.1 percentage points vs 04-2026 06-2026: 1.8%▼ -0.2 percentage points vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.0%▲ +0.1 percentage points vs 07-2026 09-2026: 2.3%▲ +0.3 percentage points vs 08-2026 10-2026: 1.7%▼ -0.6 percentage points vs 09-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.0 (0.02 in 2024), below 1. Short-term debt is 420.6% and cash 0% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro). It does better than 8% of them on solvency, 1% on liquidity, 5% on profitability and 31% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €14,184
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.00, cash €5, halved
NBB · annual accounts
raises risk · Negative equity -€45,468
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 24-06-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€45,468
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
37 days early
2024
20 days early
2023
29 days early
2022
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 28 days before the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€45,468 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€3,798 View
  • Caution: Lower solvency than 95% of companies in accommodationsector median 19.0% · 1,597 companies -320.6% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Comparable companies

These companies have the same main activity as X-ZEN: guest rooms (bed and breakfast) (NACE 55204). They are comparable in size and age: total assets between €9,250 and €27,800, founded between 2019 and 2023.

CompanyTotal assetsGross margin
X-ZEN Kruisem€14,184-€1,202
LES LUMERETTES s.r.l. Bouillon€15,643-€3,026
NYTE Gent€9,249-€9,101
ATELIER 1661 Schilde€24,355-€3,845
MOVE & STAY SOLUTIONS Steenokkerzeel€13,503-€917
DS Advies Brugge€27,837-€3,083
VALLUM LEOPOLDI Tongeren-Borgloon€23,647€44
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about X-ZEN

What is the company number of X-ZEN?
The company number of X-ZEN is 0769.819.417. The VAT number is the same number with BE in front: BE 0769.819.417.
Where is X-ZEN based?
The registered office is at Ouwegemsesteenweg 126, 9750 Kruisem.Company details
What does X-ZEN do?
According to the KBO register, the main activity is guest rooms (bed and breakfast) (NACE 55204).
What is the legal form of X-ZEN?
The legal form of X-ZEN is Private limited company (BV).
When was X-ZEN founded?
X-ZEN was founded on 17-06-2021.
Is X-ZEN still active?
Yes, X-ZEN is an active enterprise in the KBO register.
What is the turnover of X-ZEN?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is X-ZEN profitable?
In financial year 2025, X-ZEN made a loss of €3,798.
Where can I find the annual accounts of X-ZEN?
X-ZEN filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of X-ZEN due?
X-ZEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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