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Z advies

Active
Private limited companyfounded 2016active for 10 yearsSint-Pietersplein 3, 9620 Zottegem, BelgiumKBO/BCE: BE 0651.848.512
Summary

The computed 12-month bankruptcy probability of Z advies is 2.0% (moderate). The 2026 annual accounts show negative equity (-€5,143) and a net result of -€12,141. Equity has been shrinking by about 128% per year since 2024. Its solvency ranks better than 9% of 54 sector peers (NACE 25, financial year 2026). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 12-04-2016 Normal situation
Activity
Manufacture of fabricated metal products, except machinery and equipment NACE 25999and 5 others
Establishment unit
2.253.962.571 9620 Zottegem, since 12-04-2016
Financial year end
31 March
Peppol
Reachable since 17-07-2026

Board and ownership

Board

Financial position

51 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
2.0%
Annual accounts to 31-03-2026
Gross margin
-€8,734
▼ 3,383%
Loss
€12,141
▲ 108%
Equity
-€5,143
Total assets
€17,727
▼ 55.0%
  • Negative equity on 31-03-2026
Turnover not published (micro format)
Filed on 29-10-2026, 2 days before the deadline
Score breakdownraises riskLoss of €12,141, the second in a row (financial year 2026)Negative equity -€5,143Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskSize: total assets €17,727Show the evidence

Checked score

Score 2026
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 3% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2025
Weak
Solvency 0-43
equity -29.0% of total assets
Liquidity 6-5
short-term debt 129.0% · cash 4.5%
Profitability 0=
return on assets -68.5%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.5% (3,707 companies, NACE 25, micro)
Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024lowest value 02-2025: 1.2%● unchanged vs 01-2025lowest value 03-2025: 1.2%● unchanged vs 02-2025lowest value 04-2025: 1.2%● unchanged vs 03-2025lowest value 05-2025: 1.2%● unchanged vs 04-2025lowest value 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.2 percentage points vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 2.1%▲ +0.6 percentage points vs 09-2025highest value 11-2025: 2.1%● unchanged vs 10-2025highest value 12-2025: 2.1%● unchanged vs 11-2025highest value 01-2026: 2.1%● unchanged vs 12-2025highest value 02-2026: 2.1%● unchanged vs 01-2026highest value 03-2026: 2.1%● unchanged vs 02-2026highest value 04-2026: 2.1%● unchanged vs 03-2026highest value 05-2026: 1.4%▼ -0.7 percentage points vs 04-2026 06-2026: 1.5%▲ +0.1 percentage points vs 05-2026 07-2026: 1.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%● unchanged vs 07-2026 09-2026: 1.5%▼ -0.1 percentage points vs 08-2026 10-2026: 2.0%▲ +0.5 percentage points vs 09-2026 11-2026: 2.0%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.3 (0.84 in 2025), below 1. Short-term debt is 129% and cash 4.5% 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 25, micro). It does better than 3% of them on solvency, 4% on liquidity, 4% on profitability and 1% on growth.

The bankruptcy probability was computed on 01-11-2026 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 €17,727
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 · Loss of €12,141, the second in a row (financial year 2026)
NBB · annual accounts
raises risk · Negative equity -€5,143
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026
Equity per financial year
242526
2024 to 2026 · latest year -€5,143
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-10-2026, 2 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2026
2 days early
2025
32 days early
2024
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 3 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 29 October (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-03-2027 year end31-10-2027 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 2026 -€5,143 View
  • Caution: Lower solvency than 91% of companies in fabricated metal productssector median 50.4% · 54 companies -29.0% View
  • Caution: Board changedlatest change 30-06-2026 · 1 in office 1 joined · 1 left View
  • Caution: 2 loss-making years in a rowloss in financial year 2026 -€12,141 View

Recent changes

  1. · Gazette deed Resignation: Tim Zwaenepoel (director)Appointment: Sammy Porrez (director)
  2. · Gazette deed Change of role: ZWAENEPOEL,Tim Georges, from manager to director
  3. · Gazette deed Incorporation
All 7 events

Comparable companies

These companies have the same main activity as Z advies: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €7,610 and €118,000, founded between 1998 and 2019.

CompanyTotal assetsGross margin
Z advies Zottegem€17,727-€8,734
TUINTIJD Hooglede€37,896-€26,924
ETS COMETTI Eghezée€7,613-€27,216
Baeyens Matthias Lebbeke€117,553-€5,031
Design Pools Peer€44,566€5,649
ART-VEBO Geel€16,433-€21,750
CO-EDIL Morlanwelz€84,573-€561
Full comparison

Key facts about Z advies

What is the company number of Z advies?
The company number of Z advies is 0651.848.512. The VAT number is the same number with BE in front: BE 0651.848.512.
Where is Z advies based?
The registered office is at Sint-Pietersplein 3, 9620 Zottegem.Company details
What does Z advies do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
What is the legal form of Z advies?
The legal form of Z advies is Private limited company (BV).
When was Z advies founded?
Z advies was founded on 12-04-2016.
Is Z advies still active?
Yes, Z advies is an active enterprise in the KBO register.
What is the turnover of Z advies?
The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
Is Z advies profitable?
In financial year 2026, Z advies made a loss of €12,141.
Where can I find the annual accounts of Z advies?
Z advies filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Z advies due?
Z advies must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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