Z.S.
ActiveZ.S. has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €279k and a net result of €24k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 68% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84=
Solvency88=
Growth65=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.88 in 2023; short-term debt: 23.7% of total assets), and 37.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
29 d late
2022
27 d late
2021
31 d late
2020
110 d late
2019
1126 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€266k=
2023 · €266k
2018: €237k
2019: €189k
2020: €195k
2021: €164k
2022: €268k
2023: €266k
2018 → 2024
EBIT margin
24.3%=
2023 · 24.3%
2018: 12.9%
2019: 14.2%
2020: 29.3%
2021: 8.7%
2022: 29.0%
2023: 24.3%
2018 → 2024
Net result
€24k=
2023 · €24k
2018: €14k
2019: €12k
2020: €40k
2021: €7k
2022: €50k
2023: €24k
2018 → 2024
Working capital
€93k=
2023 · €93k
2018: €119k
2019: €132k
2020: €62k
2021: €78k
2022: €62k
2023: €93k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€195k-€164k▼ 16.1%€268k▲ 63.7%€266k▼ 0.9%€266k=
Equity€181k-€187k▲ 3.6%€237k▲ 26.6%€279k▲ 17.8%€279k=
Operating result€57k-€14k▼ 75.1%€78k▲ 445%€65k▼ 17.2%€65k=
Net result€40k-€7k▼ 83.6%€50k▲ 661%€24k▼ 51.1%€24k=
Result per fiscal year
Operating resultNet result
The operating result stays at €65k in 2024, level with 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €446k
Fixed assets
€248k=
Current assets
€198k=
Equity and liabilities €446k
Equity
€279k=
Debt
€167k=
The debt ratio stays at 37.5%.
Key figures and ratios
EBITDA
€100k=
2023 · €100k
Cash flow
€60k=
2023 · €60k
Solvency
62.5%=
2023 · 62.5%
Current ratio
1.88=
2023 · 1.88
Quick ratio
1.88=
2023 · 1.88
Debt / equity
0.60=
2023 · 0.60
ROE
8.7%=
2023 · 8.7%
ROA
5.5%=
2023 · 5.5%
Interest coverage
12.08=
2023 · 12.08
Debt
€167k=
2023 · €167k
Debt ≤ 1 year
€106k=
2023 · €106k
Debt > 1 year
€62k=
2023 · €62k
Income taxes
€32k=
2023 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€446k€446k=
Fixed assets21/28€248k€248k=
Tangible fixed assets22/27€248k€248k=
Land and buildings22€152k€152k=
Plant, machinery and equipment23€3k€3k=
Furniture and vehicles24€26k€26k=
Leasing and similar rights25€67k€67k=
Current assets29/58€198k€198k=
Amounts receivable within one year40/41€198k€198k=
Trade receivables40€116k€116k=
Other amounts receivable41€83k€83k=
Equity and liabilities
Total equity and liabilities10/49€446k€446k=
Equity10/15€279k€279k=
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€11k€11k=
Non-distributable reserves130/1€930€930=
Legal reserve130€930€930=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€250k€250k=
Amounts payable17/49€167k€167k=
Amounts payable after more than one year17€62k€62k=
Financial debts170/4€62k€62k=
Amounts payable within one year42/48€106k€106k=
Current portion of amounts payable after more than one year42€27k€27k=
Financial debts43€20k€20k=
Credit institutions430/8€20k€20k=
Trade debts44€33k€33k=
Suppliers440/4€33k€33k=
Taxes, remuneration and social security45€26k€26k=
Taxes450/3€26k€26k=
Income statement
Code20232024
Turnover70€266k€266k=
Non-recurring operating income76A€375€375=
Goods, raw materials, services and sundry goods60/61€162k€162k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€36k=
Other operating charges640/8€3k€3k=
Non-recurring operating charges66A€300€300=
Gross operating margin9900€104k€104k=
Operating profit (loss)9901€65k€65k=
Financial charges65/66B€8k€8k=
Recurring financial charges65€8k€8k=
Profit (loss) for the period before taxes9903€56k€56k=
Income taxes67/77€32k€32k=
Profit (loss) for the period9904€24k€24k=
Profit (loss) for the period to be appropriated9905€24k€24k=
Appropriation of the result
Profit (loss) to be appropriated9906€260k€260k=
Profit (loss) brought forward from the previous period14P€235k€235k=
Transfer to equity691/2€10k€10k=
To other reserves6921€10k€10k=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 1126 days late
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
31-12
Financial
Highest result since 2018net €50k ▲661%
Operating result €78k, net result €50k, both a record.
31-12
Financial
Equity above €200kEq €237k ▲26.6%
5 profitable years in a row build equity to €237k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €7k ▼83.6%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 110 days late
2020
31-12
Financial
Equity above €150kEq €181k ▲28.5%
3 profitable years in a row build equity to €181k.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 92 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 153 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Mons · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Digue de Cuesmes 2267000 MonsGround area
347 m²
Building footprint
159 m²
Volume, LiDAR
1,642 m³
2 parcels, Brussels, Wallonia · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20012.131.656.558
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53053D0025/05H000 | Wallonia | 226 m² | 1 · 77 m² | 9.8 m · 3 fl. |
| 21392A0100/00C003 | Brussels | 121 m² | 1 · 81 m² | 17.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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De Bouwerie
BE 0667.554.295
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ETC - BROUNS SVEN
BE 0876.470.422
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ABTEC
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Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 5,482 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2000
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
71210
71401
77120Rental and leasing activities
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.