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Z-ART

Active
Private limited companyfounded 2004active for 22 yearsPaalsteenlaan 35, 3620 Lanaken, BelgiumKBO/BCE: BE 0867.828.910

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Z-ART is 3.6% (moderate). The 2025 annual accounts show equity of €282,414 and a net result of €139,374. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 41% of 501 sector peers (NACE 31, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 14-10-2004 Normal situation
Legal form
Private limited company
Registered office
Paalsteenlaan 35, 3620 Lanaken
Activity
Manufacture of dining room, living room, bedroom and bathroom furniture NACE 31004and 2 others
Establishment unit
2.145.723.835 3620 Lanaken, since 14-10-2004
Financial year end
31 December
Peppol
Reachable since 25-03-2024

Board and ownership

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.6%
Annual accounts 2025
Gross margin
€505,744
▲ 258%
Turnover
≈ €1.0m
estimated
Profit
€139,374
▲ 656%
Equity
€282,414
▲ 97.4%
Total assets
€891,190
▼ 19.5%
2025 accounts filed 48 days after the deadline
Filed on 17-09-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 5.44, cash €407Last filed accounts filed 48 days late; 2 of the last 3 accounts late1 change of registered office in 24 monthsSector: Manufacture of furniture (NACE 31)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 67% of micro companies in furniture (NACE 31)
Financial strength · tick: 2024
Strong
Solvency 57+19
equity 31.7% of total assets
Liquidity 50+15
short-term debt 9.5% · cash 0.0%
Profitability 88+38
return on assets 15.6%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (830 companies, NACE 31, micro)
Last 24 months 11-2024: 6.4% 12-2024: 7.0%▲ +0.6 percentage points vs 11-2024highest value 01-2025: 2.2%▼ -4.8 percentage points vs 12-2024lowest value 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.3%▲ +0.1 percentage points vs 02-2025 04-2025: 2.2%▼ -0.1 percentage points vs 03-2025 05-2025: 4.7%▲ +2.5 percentage points vs 04-2025 06-2025: 4.8%▲ +0.1 percentage points vs 05-2025 07-2025: 4.7%▼ -0.1 percentage points vs 06-2025 08-2025: 5.2%▲ +0.5 percentage points vs 07-2025 09-2025: 3.9%▼ -1.3 percentage points vs 08-2025 10-2025: 3.9%● unchanged vs 09-2025 11-2025: 3.9%● unchanged vs 10-2025 12-2025: 3.9%● unchanged vs 11-2025 01-2026: 3.9%● unchanged vs 12-2025 02-2026: 3.9%● unchanged vs 01-2026 03-2026: 3.9%● unchanged vs 02-2026 04-2026: 4.0%▲ +0.1 percentage points vs 03-2026 05-2026: 4.5%▲ +0.5 percentage points vs 04-2026 06-2026: 4.3%▼ -0.2 percentage points vs 05-2026 07-2026: 4.2%▼ -0.1 percentage points vs 06-2026 08-2026: 5.0%▲ +0.8 percentage points vs 07-2026 09-2026: 5.9%▲ +0.9 percentage points vs 08-2026 10-2026: 3.6%▼ -2.3 percentage points vs 09-2026
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.44 (1.09 in 2024), above the usual 1.5. Short-term debt is 9.5% and cash 0% of total assets. However, 68.3% of the assets are financed with debt and provisions.
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 31, micro). It does better than 42% of them on solvency, 49% on liquidity, 82% on profitability and 93% 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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Signals

Five signals.
raises risk
raises risk · Liquidity: current ratio 5.44, cash €407
NBB · annual accounts
raises risk · Last filed accounts filed 48 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Manufacture of furniture (NACE 31)
KBO
raises risk · 2025 accounts filed 48 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
48 days late
2024
27 days late
2023
117 days late
2022
241 days late
2021
31 days late
2020
101 days late
2019
214 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 111 days after the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% 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 17 September (4 of the last 5 filed years within 70 days of that day).
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

  • Positive: Result rose in 2025from €18,439 to €139,374 ▲ 656% View
  • Positive: Higher net result than 95% of companies in furnituresector median €5,141 · 503 companies €139,374 View
  • Positive: 8 profitable years in a rowprofit 2025: €139,374 8 years View

Documents

Annual accounts at the NBB

All 21 annual accounts

Articles and registers

Key facts about Z-ART

What is the company number of Z-ART?
The company number of Z-ART is 0867.828.910. The VAT number is the same number with BE in front: BE 0867.828.910.
Where is Z-ART based?
The registered office is at Paalsteenlaan 35, 3620 Lanaken.Company details
What does Z-ART do?
According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
What is the legal form of Z-ART?
The legal form of Z-ART is Private limited company (BV).
When was Z-ART founded?
Z-ART was founded on 14-10-2004.
Is Z-ART still active?
Yes, Z-ART is an active enterprise in the KBO register.
How many employees does Z-ART have?
Z-ART had an average of 3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of Z-ART?
The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €505,744 and 881 comparable companies of the same size. It probably lies between €710,000 and €1.5m. It is a rough estimate.
Is Z-ART profitable?
In financial year 2025, Z-ART made a profit of €139,374.
Where can I find the annual accounts of Z-ART?
Z-ART filed 21 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 Z-ART due?
Z-ART must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as Z-ART: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €730,000 and €1m, founded between 2002 and 2007.

CompanyTotal assetsGross margin
Z-ART Lanaken€0.9m€0.5m
VANTHOOR Kinrooi€0.7m€0.5m
ALMO Pelt€0.9m€0.7m
BERVAN DESIGN Tielt€1.0m€0.7m
blauwberg Meise€1.0m€0.8m
ADRIAENSEN KEUKENS Zandhoven€1.0m€0.3m
DE RORE INTERIEUR Deinze€1.0m€0.3m
Full comparison

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