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Z.S.

Active
Private limited companyfounded 2000active for 25 yearsDigue de Cuesmes 226, 7000 Mons, BelgiumKBO/BCE: BE 0473.619.920
Summary

The computed 12-month bankruptcy probability of Z.S. is 8.3% (elevated). The 2025 annual accounts show equity of €392,080 and a net result of €14,729. Equity has been growing by about 19% per year since 2018. Its solvency ranks better than 74% of 9,895 sector peers (NACE 43, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 27-12-2000 Normal situation
Activity
Other specialised construction activities NACE 43990and 2 others
Establishment unit
2.131.656.558 since 07-02-2001
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Financial position

36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
8.3%
Annual accounts 2025
Turnover
€416,868
▼ 23.0%
Profit
€14,729
▼ 85.0%
Equity
€392,080
▲ 3.9%
Total assets
€602,911
▼ 13.5%
  • 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLast filed accounts filed 61 days late; 3 of the last 3 accounts lateLiquidity: current ratio 1.521 change of registered office in 24 monthsEx-officio strike-off in the KBOShow the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 60% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 90+11
equity 65.0% of total assets
Liquidity 78+5
short-term debt 27.9%
Profitability 81-10
return on assets 2.4%
Bankruptcy probability within 12 months
8.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.8%▲ +0.1 percentage points vs 02-2025 04-2025: 1.7%▼ -0.1 percentage points vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025 08-2025: 2.4%▲ +0.5 percentage points vs 07-2025 09-2025: 2.7%▲ +0.3 percentage points vs 08-2025 10-2025: 1.6%▼ -1.1 percentage points vs 09-2025lowest value 11-2025: 1.6%● unchanged vs 10-2025lowest value 12-2025: 1.6%● unchanged vs 11-2025lowest value 01-2026: 1.6%● unchanged vs 12-2025lowest value 02-2026: 1.6%● unchanged vs 01-2026lowest value 03-2026: 1.7%▲ +0.1 percentage points vs 02-2026 04-2026: 3.5%▲ +1.8 percentage points vs 03-2026 05-2026: 3.4%▼ -0.1 percentage points vs 04-2026 06-2026: 3.3%▼ -0.1 percentage points vs 05-2026 07-2026: 5.7%▲ +2.4 percentage points vs 06-2026 08-2026: 11.4%▲ +5.7 percentage points vs 07-2026 09-2026: 13.3%▲ +1.9 percentage points vs 08-2026highest value 10-2026: 8.3%▼ -5.0 percentage points vs 09-2026 11-2026: 8.3%● unchanged vs 10-2026
Credit of up to €14,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.52 (1.52 in 2024), above the usual 1.5. Short-term debt is 27.9% of total assets. 35% 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 43, micro). It does better than 71% of them on solvency, 76% on liquidity, 62% on profitability and 32% 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.
raises risk
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.52
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 9 filings
Deviation from the deadline
2025
61 days late
2024
31 days late
2023
29 days late
2022
27 days late
2021
31 days late
2020
110 days late
2019
1126 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 202 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
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 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline

Key points

  • Caution: Result fell in 2025from €98,223 to €14,729 ▼ 85.0% View
  • Positive: 8 profitable years in a rowprofit 2025: €14,729 8 years View

Recent changes

  1. · Gazette deed Registered office moved to Mons
  2. · KBO administration Address struckevent 17-04-2026
  3. · Gazette deed Company renamed to Z.S.Change of role: Zbigniew (aussi appelé Etienne) SIKORSKI, from manager to director
All 18 events

Comparable companies

These companies have the same main activity as Z.S.: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €537,000 and €664,000, founded between 1999 and 2001.

CompanyTotal assetsGross margin
Z.S. Mons€602,911€123,689
CNUDDE Waregem€562,359€124,726
DEROGRO Lievegem€536,967€128,024
WIMAR Haacht€628,574€111,812
GALE - ART CONSTRUCT Braives€663,831€138,946
CEVERTEC Chaumont-Gistoux€651,911€151,673
GEBROEDERS LUYCKX ALGEMENE BOUW EN DAKWERKEN Boortmeerbeek€546,056€151,711
Full comparison

Key facts about Z.S.

What is the company number of Z.S.?
The company number of Z.S. is 0473.619.920. The VAT number is the same number with BE in front: BE 0473.619.920.
Where is Z.S. based?
The registered office is at Digue de Cuesmes 226, 7000 Mons.Company details
What does Z.S. do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of Z.S.?
The legal form of Z.S. is Private limited company (BV).
When was Z.S. founded?
Z.S. was founded on 27-12-2000.
Is Z.S. still active?
Yes, Z.S. is an active enterprise in the KBO register.
What is the turnover of Z.S.?
The turnover of Z.S. was €416,868 in financial year 2025, according to the filed annual accounts.Financials
Is Z.S. profitable?
In financial year 2025, Z.S. made a profit of €14,729.
Where can I find the annual accounts of Z.S.?
Z.S. filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Z.S. due?
Z.S. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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