Z Lab
The computed 12-month bankruptcy probability of Z Lab is 2.5% (moderate). The 2025 annual accounts show equity of €19k and a net result of €-5k. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 35% of 661 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €19k |
| Net result | €-5k |
| Staff (FTE) | 0.3 |
| Better than sector | 35% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.8% | 50.7% | |
| Net result | €-5k | €6k | |
| Equity | €19k | €42k | |
| Gross operating margin | €9k | €24k | |
| Staff costs | €3k | €44k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €3k | €21k | €-5k | €6k | €3k |
| Net profit | €-5k | €14k | €-14k | €-2k | €-5k |
| Cash flow | €2k | €20k | €-6k | €5k | €2k |
| Staff costs | €3k | €2k | €2k | - | - |
| Income taxes | €141 | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €74k | €42k | €32k | €45k | €40k |
| Equity | €19k | €24k | €10k | €24k | €25k |
| Debt | €55k | €18k | €22k | €21k | €15k |
| of which ≤ 1y | €55k | €18k | €22k | €21k | €15k |
| of which > 1y | - | - | - | - | - |
| Working capital | €-23k | €14k | €3k | €12k | €7k |
| Employees (FTE) | 0.3 | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.58 | 1.75 | 1.12 | 1.58 | 1.47 |
| Quick ratio | 0.53 | 1.57 | 1.00 | 1.06 | 0.95 |
| Working capital ratio | -30.9% | 32.5% | 8.0% | 27.2% | 17.6% |
| Solvency | 25.8% | 56.5% | 31.9% | 53.0% | 62.7% |
| Debt / equity | 2.88 | 0.77 | 2.14 | 0.89 | 0.60 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 3.33 | 26.23 | -6.33 | 7.53 | 5.26 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -6.3% | 32.3% | -42.5% | -3.4% | -12.0% |
| ROE | -24.3% | 57.1% | -133.4% | -6.4% | -19.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €74k | €42k | €32k | €45k | €40k |
| Fixed assets | 21/28 | €42k | €10k | €8k | €12k | €18k |
| Tangible fixed assets | 22/27 | €42k | €10k | €7k | €12k | €18k |
| Financial fixed assets | 28 | €205 | €205 | €205 | - | - |
| Current assets | 29/58 | €32k | €32k | €24k | €33k | €22k |
| Stocks & contracts in progress | 3 | €3k | €3k | €3k | €11k | €8k |
| Amounts receivable within one year | 40/41 | €12k | €4k | €7k | €292 | €820 |
| Cash & bank | 54/58 | €17k | €25k | €14k | €22k | €13k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €74k | €42k | €32k | €45k | €40k |
| Equity | 10/15 | €19k | €24k | €10k | €24k | €25k |
| Contributions / capital | 10/11 | €30k | €30k | €30k | €30k | €30k |
| Accumulated profits (losses) | 14 | €-11k | €-6k | €-20k | €-6k | €-5k |
| Amounts payable | 17/49 | €55k | €18k | €22k | €21k | €15k |
| Amounts payable within one year | 42/48 | €55k | €18k | €22k | €21k | €15k |
| Trade debts payable within one year | 44 | €12k | €595 | €4k | €5k | €2k |
| Income statement | ||||||
| Gross operating margin | 9900 | €9k | €24k | €-3k | €6k | €3k |
| Operating result | 9901 | €-4k | €14k | €-13k | €-744 | €-4k |
| Financial income | 75 | €17 | - | €3 | €0 | €0 |
| Financial charges | 65 | €752 | €810 | €848 | €772 | €566 |
| Result before taxes | 9903 | €-4k | €14k | €-14k | €-2k | €-5k |
| Income taxes | 67/77 | €141 | - | - | - | - |
| Net result for the period | 9904 | €-5k | €14k | €-14k | €-2k | €-5k |
| Result to be appropriated | 9905 | €-5k | €14k | €-14k | €-2k | €-5k |
Former directors (1)
-
Former- → 20-10-2020
| NACE primary | Other publishing activities, excluding software publishing(58190) |
| Legal form | Private limited company(610) |
| Incorporation | 20-10-2020 |
| Status | Active |
| Postal code | 1040 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015A0188/00C005 | Wallonia | 833 m² | 1 · 180 m² | 6.9 m · 2 fl. |
| 21362B0209/00R012 | Brussels | 536 m² | 1 · 535 m² | 15.8 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-03-2026 Board composition published
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "notaire",
"person": {
"rrn": null,
"name": "Christian HUYLEBROUCK",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de donner la mission \u00E0 Ma\u00EEtre Christian HUYLEBROUCK, notaire soussign\u00E9, d\u0027\u00E9tablir et de signer la coordination des statuts, conform\u00E9ment \u00E0 la d\u00E9cision pr\u00E9c\u00E9dente, et d\u0027assurer son d\u00E9p\u00F4t au dossier de la soci\u00E9t\u00E9.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": "bestuurder",
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"statutory": null,
"compensated": null,
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"evidence_quote": "",
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}
],
"notary": {
"name": "Christian HUYLEBROUCK",
"firm_city": null,
"firm_name": null,
"office_city": "Molenbeek-Saint-Jean",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2026-03-06",
"filing_date": "2026-01-12",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2026-01-12",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0756.789.050",
"name_full": "JO \u0026 Z",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Christian HUYLEBROUCK",
"org_rep_person_name": null,
"person_role_at_subject": "Notaire"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}06-08-2021 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 50,
"currency": "EUR",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2021-06-17",
"evidence_quote": "Monsieur SEVERI Jo\u00EBl c\u00E8de 50% des parts \u00E0 Madame MUKAGIKWIYE Zahara, soit 50 parts au prix de 15 000 euros en date du 17 juin 2021.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0756.789.050",
"name_full": "JO \u0026 Z",
"legal_form": "SRL"
}
}08-02-2021 Registered office moved from Evere to Etterbeek
- RUE EDOUARD DEKOSTER 168, 1140 Evere → Rue de Tervaete 21-23, 1040 Etterbeek
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Etterbeek",
"region": "Brussels",
"street": "Rue de Tervaete",
"country": "BE",
"postcode": "1040",
"box_number": null,
"street_number": "21-23"
},
"old_address": {
"city": "Evere",
"region": "Brussels",
"street": "RUE EDOUARD DEKOSTER",
"country": "BE",
"postcode": "1140",
"box_number": null,
"street_number": "168"
},
"effective_date": "2021-01-01",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide d\u0027approuver la modification de si\u00E8ge social \u00E0 partir du 1er Janvier 2021. La nouvelle adresse est: Rue de Tervaete 21-23 B-1040 Etterbeek"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0756.789.050",
"name_full": "JO \u0026 Z",
"legal_form": "SRL"
}
}27-11-2020 SEVERI Joel resigns as director
- SEVERI Joel, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "SEVERI Joel",
"address": null,
"birth_date": null
},
"effective_date": "2020-10-20",
"evidence_quote": "L\u0027AGE d\u00E9cide de mettre fin aux fonctions d\u0027administrateur: Monsieur SEVERI Joel \u00E0 partir du 20 octobre 2020"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0756.789.050",
"name_full": "JO \u0026 Z",
"legal_form": "SRL"
}
}22-10-2020 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "Rue Edouard Dekoster 168, 1140 Evere",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1990-09-19",
"name": "SEVERI Jo\u00EBl St\u00E9phane",
"niss": null,
"address": "Evere (1140 Bruxelles), rue Edouard Dekoster, 168/00"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 927.5,
"holder_person_name": "SEVERI Jo\u00EBl St\u00E9phane",
"is_subscriber_only": false,
"n_shares_subscribed": 1,
"amount_subscribed_eur": 927.5,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1974-10-12",
"name": "MUKAGIKWIYE Zahara Claudine",
"niss": null,
"address": "1440 Braine-le-Ch\u00E2teau, avenue John Kennedy, 5"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 927.5,
"holder_person_name": "MUKAGIKWIYE Zahara Claudine",
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"n_shares_subscribed": 1,
"amount_subscribed_eur": 927.5,
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}
],
"capital_eur": 1855,
"subject_company": {
"kbo": "0756.789.050",
"name_full": "JO \u0026 Z",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2020-10-16",
"post_incorporation_mandates": []
}| Legal nameFR | Z Lab |