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Z N

Active
Private limited companyfounded 20232 yrs activeHavermarkt 26, 3500 Hasselt, BelgiumKBO/BCE: BE 1003.556.159
Summary

The computed 12-month bankruptcy probability of Z N is 2.2% (moderate). The 2024 annual accounts show equity of €52,324 and a net result of €2,324. Its solvency ranks better than 53% of 26043 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability71
Solvency61
Growth-
Track record67
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.62; short-term debt: 46.7% and cash: 23.6% of total assets), but 63.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
36.3%
Return on assets
1.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 1 filing
Deviation from the deadline
2024
57 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 57 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Z N was incorporated on 18 December 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€52,324
Total assets
€144,026
Net result
€2,324
Working capital
€41,493

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €144,026
Fixed assets €35,252
Current assets €108,774
Equity and liabilities €144,026
Equity €52,324
Debt €91,702
Debt finances 63.7% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€5,372
Cash flow
€6,128
Current ratio
1.62
Quick ratio
0.72
Debt to equity
1.75
ROE
4.4%
ROA
1.6%
Interest coverage
13.41
Debt ≤ 1 year
€67,281
Debt > 1 year
€23,960
Staff costs
€3,687

Peer companies

Historical observation

Of the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.3% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 44 lines
Balance sheet Code2024
Assets
Total assets20/58€144,026
Fixed assets21/28€35,252
Tangible fixed assets22/27€35,252
Plant, machinery and equipment23€7,565
Furniture and vehicles24€27,687
Current assets29/58€108,774
Stocks and contracts in progress3€60,200
Stocks30/36€60,200
Amounts receivable within one year40/41€14,521
Trade receivables40€12,045
Other amounts receivable41€2,475
Cash at bank and in hand54/58€33,968
Deferred charges and accrued income490/1€85
Equity and liabilities
Total equity and liabilities10/49€144,026
Equity10/15€52,324
Contributions10/11€50,000
Reserves13€2,324
Distributable reserves133€2,324
Amounts payable17/49€91,702
Amounts payable after more than one year17€23,960
Financial debts170/4€23,960
Amounts payable within one year42/48€67,281
Current portion of amounts payable after more than one year42€4,572
Trade debts44€6,291
Suppliers440/4€6,291
Taxes, remuneration and social security45€1,245
Remuneration and social security454/9€1,245
Other amounts payable47/48€55,173
Accrued charges and deferred income492/3€461
Income statement Code2024
Remuneration, social security and pensions62€3,687
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,804
Other operating charges640/8€962
Gross operating margin9900€10,021
Operating profit (loss)9901€1,568
Financial income75/76B€1,156
Recurring financial income75€1,156
Financial charges65/66B€401
Recurring financial charges65€401
Profit (loss) for the period before taxes9903€2,324
Profit (loss) for the period9904€2,324
Profit (loss) for the period to be appropriated9905€2,324
Appropriation of the result
Profit (loss) to be appropriated9906€2,324
Transfer to equity691/2€2,324
To other reserves6921€2,324

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€3,687
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,804
Other operating charges640/8€962
Gross operating margin9900€10,021
Operating profit (loss)9901€1,568
Financial income75/76B€1,156
Recurring financial income75€1,156
Financial charges65/66B€401
Recurring financial charges65€401
Profit (loss) for the period before taxes9903€2,324
Profit (loss) for the period9904€2,324
Profit (loss) for the period to be appropriated9905€2,324
Line2024
Assets
Total assets20/58€144,026
Fixed assets21/28€35,252
Tangible fixed assets22/27€35,252
Plant, machinery and equipment23€7,565
Furniture and vehicles24€27,687
Current assets29/58€108,774
Stocks and contracts in progress3€60,200
Stocks30/36€60,200
Amounts receivable within one year40/41€14,521
Trade receivables40€12,045
Other amounts receivable41€2,475
Cash at bank and in hand54/58€33,968
Deferred charges and accrued income490/1€85
Equity and liabilities
Total equity and liabilities10/49€144,026
Equity10/15€52,324
Contributions10/11€50,000
Reserves13€2,324
Distributable reserves133€2,324
Amounts payable17/49€91,702
Amounts payable after more than one year17€23,960
Financial debts170/4€23,960
Amounts payable within one year42/48€67,281
Current portion of amounts payable after more than one year42€4,572
Trade debts44€6,291
Suppliers440/4€6,291
Taxes, remuneration and social security45€1,245
Remuneration and social security454/9€1,245
Other amounts payable47/48€55,173
Accrued charges and deferred income492/3€461
Line2024
Profit (loss) for the period9904€2,324
+ Depreciation and write-downs630€3,804
Operating cash flow (approximation)€6,128

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
26-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
319 m²
Building footprint
316 m²
Volume, LiDAR
2,754 m³
Parcel 71022H0933/00M002, Flanders · tallest building 18.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Lisa supermarkt
Havermarkt 26, 3500 HasseltRetail trade
since 20242.353.469.824
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71022H0933/00M002 Flanders 319 m² 1 · 316 m² 18.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hasselt2.353.469.824
3 permissions
Toelating · Vleeswinkel · since 26-04-2024
Toelating · Bakkerij · since 18-01-2024
Toelating · Detailhandel · since 18-01-2024

Similar companies · same sector, comparable size

Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. 4,641 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003556159
Also 9925:BE1003556159
Registered 19-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.