Z SQUARE (0888.560.778): annual accounts, directors and company register

Z SQUARE

Woluwe-Saint-Pierre ·KBO/BCE: BE 0888.560.778

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%

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%	0.9%
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%

Company	Total assets	Gross margin	Solvency	Staff
Z SQUARE Woluwe-Saint-Pierre	€377,707	€119,391	91.4%	-
JBG Woluwe-Saint-Pierre	€365,857	€115,433	85.1%	-
KATAPULT Woluwe-Saint-Pierre	€406,269	€139,915	-4.8%	-
ADW MANAGEMENT Woluwe-Saint-Pierre	€303,460	€110,153	78.2%	-
CHADB MANAGEMENT & CONSULTING Uccle	€403,176	€119,251	74.9%	-
WEISENGRUN MANAGEMENT Uccle	€394,370	€102,095	95.1%	-
ULTRA Uccle	€361,562	€129,205	65.5%	-

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	377,707	353,114	317,275	273,257	269,707	236,232	248,603	237,455	217,694	198,595	197,612	210,286	195,049	200,078	559,522	459,320	502,871	266,671
Fixed assets`21/28`	9,520	7,918	5,159	5,693	6,226	7,886	18,382	27,429	37,380	46,771	19,838	32,838	38,198	48,922	411,560	287,838	373,110	256,989
Intangible fixed assets`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	245
Tangible fixed assets`22/27`	5,436	3,834	1,075	1,609	2,142	3,802	14,298	23,345	33,296	42,687	15,754	28,754	38,114	48,838	61,476	22,754	23,110	6,744
Land and buildings`22`	569	822	1,075	1,328	1,582	2,049	2,816	3,826	4,836	5,846	6,856	7,866	8,876	10,203	9,388	7,501	5,889	4,873
Furniture and vehicles`24`	4,867	3,012	-	-	-	912	10,361	18,117	26,778	34,878	6,655	18,365	29,238	38,635	52,088	15,253	17,221	1,871
Other tangible fixed assets`26`	-	-	-	280	561	841	1,121	1,402	1,682	1,963	2,243	2,523	-	-	-	-	-	-
Financial fixed assets`28`	4,084	4,084	4,084	4,084	4,084	4,084	4,084	4,084	4,084	4,084	4,084	4,084	84	84	350,084	265,084	350,000	250,000
Current assets`29/58`	368,188	345,196	312,115	267,564	263,481	228,346	230,221	210,026	180,314	151,824	177,774	177,448	156,851	151,156	147,962	171,482	129,761	9,682
Amounts receivable within one year`40/41`	92,978	107,531	94,788	43,928	30,291	25,126	29,598	68,270	66,386	39,285	51,252	23,521	48,466	54,038	43,689	41,945	181	-
Trade receivables`40`	6,739	42,033	48,075	803	18,525	9,492	10,949	38,260	39,557	36,519	22,664	21,997	47,162	34,261	43,689	39,521	181	-
Other amounts receivable`41`	86,239	65,498	46,712	43,125	11,766	15,634	18,649	30,010	26,829	2,766	28,588	1,524	1,304	19,777	-	2,424	-	-
Current investments`50/53`	105,673	5,673	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,000	-
Cash at bank and in hand`54/58`	165,629	231,992	217,328	220,274	233,191	203,220	200,623	141,652	113,318	109,602	126,424	149,993	104,431	91,350	97,169	124,792	82,418	7,554
Deferred charges and accrued income`490/1`	3,907	-	-	3,362	-	-	-	104	610	2,937	98	3,934	3,954	5,768	7,104	4,745	2,162	2,128
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	377,707	353,114	317,275	273,257	269,707	236,232	248,603	237,455	217,694	198,595	197,612	210,286	195,049	200,078	559,522	459,320	502,871	266,671
Equity`10/15`	345,061	279,935	256,846	259,897	247,819	204,228	217,847	195,184	172,349	128,507	177,740	190,115	166,036	168,610	455,258	380,369	290,237	130,308
Contributions`10/11`	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000
Issued capital`100`	-	-	-	-	-	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000
Reserves`13`	116,735	51,610	28,520	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000
Non-distributable reserves`130/1`	3,000	3,000	3,000	3,000	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000
Reserves not available under the articles`1311`	3,000	3,000	3,000	3,000	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	113,735	48,610	25,520	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	198,326	198,326	198,326	226,897	214,819	171,228	184,847	162,184	139,349	95,507	144,740	157,115	133,036	135,610	422,258	347,369	257,237	97,308
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55,488	-	-	-
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55,488	-	-	-
Amounts payable`17/49`	32,646	73,179	60,429	13,360	21,888	32,004	30,756	42,271	45,345	70,088	19,872	20,171	29,013	31,468	48,776	78,951	212,634	136,363
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	7,388	16,041	24,466	-	1,096	7,528	13,716	19,668	1,207	8,206	37,000
Financial debts`170/4`	-	-	-	-	-	-	-	7,388	16,041	24,466	-	1,096	7,528	13,716	19,668	1,207	8,206	37,000
Amounts payable within one year`42/48`	32,646	73,179	60,429	13,360	21,888	32,004	30,756	31,988	29,304	45,622	19,872	19,075	21,485	17,752	28,901	77,395	204,428	99,363
Current portion of amounts payable after more than one year`42`	3,573	3,869	3,816	3,816	3,816	3,816	11,204	12,535	12,308	11,744	4,846	6,432	6,188	5,952	6,934	6,999	6,593	-
Trade debts`44`	-	49,853	9,149	373	8,866	-	201	2,493	11,555	13,617	15,026	12,643	13,257	11,800	2,152	9,833	3,381	1,995
Suppliers`440/4`	-	49,853	9,149	373	8,866	-	201	2,493	11,555	13,617	15,026	12,643	13,257	11,800	2,152	9,833	3,381	1,995
Taxes, remuneration and social security`45`	28,574	19,457	26,877	8,585	8,621	12,788	19,351	16,960	5,441	20,261	-	-	-	-	9,897	56,630	142,700	57,709
Taxes`450/3`	28,574	19,457	26,877	8,585	8,621	12,788	19,351	16,960	5,441	20,261	-	-	-	-	9,178	50,872	142,700	57,709
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	719	5,758	-	-
Other amounts payable`47/48`	500	-	20,586	586	586	15,400	-	-	-	-	-	-	2,040	-	9,918	3,933	51,754	39,659
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	2,895	-	-	-	-	-	-	207	349	-	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	650	-	-	-	431	10,403	-	15,739	5,106	4,027	85,000	500	-	-
Gross operating margin`9900`	119,391	52,216	41,741	28,620	38,216	47,558	73,406	115,081	96,389	68,859	72,446	52,741	32,591	125,358	200,311	187,675	173,990	158,242
Remuneration, social security and pensions`62`	3,395	3,609	3,500	11,490	1,390	3,004	3,820	15,834	-	-	-	-	-	60,382	99,328	53,276	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1,565	298	534	534	1,660	10,496	11,783	13,006	12,525	12,191	14,611	14,296	14,035	13,317	15,138	4,544	4,550	1,568
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-55,488	55,488	-	-	-
Other operating charges`640/8`	-	1,089	125	-	-	167	102	1,840	978	4,770	2,571	1,461	1,399	1,703	3,804	1,082	1,130	1,481
Non-recurring operating charges`66A`	1,878	12,753	-	-	-	-	-	-	-	2,800	-	-	-	352,235	-	85,000	-	-
Operating profit (loss)`9901`	112,553	34,467	37,582	16,597	35,166	33,891	57,701	84,401	82,886	51,898	55,264	36,984	17,157	105,444	26,553	128,773	168,310	155,193
Financial income`75/76B`	-	0	-	-	-	40	248	35	445	1,824	242	1,790	2,316	1,359	1,449	22,490	92,679	159
Recurring financial income`75`	-	0	-	-	-	40	248	35	445	1,824	242	1,790	2,316	1,359	1,449	22,490	92,679	159
Financial charges`65/66B`	358	662	428	430	421	508	637	908	805	254	402	165	346	259	2,895	750	1,054	44
Recurring financial charges`65`	358	662	428	430	421	508	637	908	805	254	402	165	346	259	2,895	750	1,054	44
Profit (loss) for the period before taxes`9903`	112,195	33,806	37,154	16,167	34,745	33,423	57,312	83,528	82,526	61,071	55,104	54,348	24,233	-241,664	110,107	66,013	259,935	155,308
Income taxes`67/77`	24,833	8,150	8,798	4,089	-8,846	25,043	12,649	30,693	8,684	25,509	37,479	269	-23,193	44,984	35,218	-24,119	80,006	55,000
Profit (loss) for the period`9904`	87,362	25,655	28,356	12,078	43,591	8,381	44,663	52,835	73,842	35,562	17,625	54,079	47,426	-286,648	74,889	90,132	179,929	100,308
Profit (loss) for the period to be appropriated`9905`	87,362	25,655	28,356	12,078	43,591	8,381	44,663	52,835	73,842	35,562	17,625	54,079	47,426	-286,648	74,889	90,132	179,929	100,308
Appropriation of the result
Profit (loss) to be appropriated`9906`	285,687	223,981	255,253	226,897	214,819	193,228	206,847	192,184	169,349	180,302	174,740	187,115	183,036	135,610	422,258	347,369	277,237	100,308
Profit (loss) brought forward from the previous period`14P`	198,326	198,326	226,897	214,819	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	72,362	25,655	28,356	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000
To other reserves`6921`	72,362	25,655	28,356	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	15,000	-	28,571	-	-	22,000	22,000	30,000	30,000	84,795	30,000	30,000	50,000	-	-	-	20,000	-
Return on contributions (dividend)`694`	15,000	-	28,571	-	-	22,000	-	-	-	54,795	-	-	25,000	-	-	-	20,000	-
Directors or managers`695`	-	-	-	-	-	-	22,000	30,000	30,000	30,000	30,000	30,000	25,000	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	0.4	-	-	-	-	-	-	-	-	-	0.1	1	0.5	-	-
Hours worked`1013`	-	-	-	782	-	-	-	-	-	-	-	-	-	122	1,925	927	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2024	micro format	02-02-2026	2026-00026213	PDF
31-12-2023	micro format	26-09-2024	2024-00473338	PDF
31-12-2022	micro format	22-09-2023	2023-00451290	PDF
31-12-2021	micro format	02-09-2022	2022-20397117	PDF
31-12-2020	micro format	27-08-2021	2021-56700494	PDF
31-12-2019	micro format	23-09-2020	2020-55200373	PDF
31-12-2018	micro format	24-09-2019	2019-65700091	PDF
31-12-2017	micro format	31-08-2018	2018-62000020	PDF
31-12-2016	full format	16-08-2017	2017-43900381	PDF
31-12-2015	full format	06-09-2016	2016-59400413	PDF
31-12-2014	full format	28-08-2015	2015-52300373	PDF
31-12-2013	full format	26-08-2014	2014-48900320	PDF
31-12-2012	full format	25-06-2013	2013-23600544	PDF
31-12-2011	full format	31-07-2012	2012-37400408	PDF
31-12-2010	full format	22-08-2011	2011-43400470	PDF
31-12-2009	full format	30-08-2010	2010-49800208	PDF
31-12-2008	full format	25-08-2009	2009-63000337	PDF
31-12-2007	full format	25-08-2008	2008-62500180	PDF

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	114,117	34,765	38,116	17,130	36,826	44,387	69,484	97,407	95,411	64,089	69,875	51,280	31,192	118,761	41,691	133,317	172,860	156,761
Cash flow	88,926	25,953	28,889	12,611	45,251	18,877	56,446	65,841	86,367	47,753	32,236	68,375	61,461	-273,331	90,027	94,676	184,479	101,876
Investment in fixed assets (approximation)	3,166	3,057	0	0	0	0	2,736	3,055	3,134	39,124	1,611	8,936	3,311	2,807	53,860	4,272	120,671	258,557
Change in cash	-66,362	14,664	-2,946	-12,917	29,971	2,597	58,971	28,334	3,716	-16,822	-23,569	45,562	13,081	-5,819	-27,623	42,374	74,864	-
Working capital	335,541	272,017	251,687	254,204	241,593	196,342	199,465	178,038	151,010	106,202	157,902	158,373	135,366	133,404	119,061	94,087	-74,667	-89,681
Solvency	91.4%	79.3%	81.0%	95.1%	91.9%	86.5%	87.6%	82.2%	79.2%	64.7%	89.9%	90.4%	85.1%	84.3%	81.4%	82.8%	57.7%	48.9%
Current ratio	11.28	4.72	5.17	20.03	12.04	7.13	7.49	6.57	6.15	3.33	8.95	9.30	7.30	8.51	5.12	2.22	0.63	0.10
Debt to equity	0.09	0.26	0.24	0.05	0.09	0.16	0.14	0.22	0.26	0.55	0.11	0.11	0.17	0.19	0.11	0.21	0.73	1.05
ROE	25.3%	9.2%	11.0%	4.6%	17.6%	4.1%	20.5%	27.1%	42.8%	27.7%	9.9%	28.4%	28.6%	-170.0%	16.4%	23.7%	62.0%	77.0%
ROA	23.1%	7.3%	8.9%	4.4%	16.2%	3.5%	18.0%	22.3%	33.9%	17.9%	8.9%	25.7%	24.3%	-143.3%	13.4%	19.6%	35.8%	37.6%
Interest coverage	over 100	52.52	89.07	39.86	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2021
Average over the year, in full-time equivalents	0.4
Joined	2
Left	2

Item	2024	2023	2022	2021
Tangible fixed assets	€3,166	€3,057	-	-
Depreciation and write-downs of the year	€1,565	€298	€534	€534

Overview

Lifetime

Key points

Equity

Result

Investments

Liquidity

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2024

Insights on Z SQUARE

Financials

Annual accounts 2024

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency91.4%

Current ratio11.28

Return on assets23.1%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on Z SQUARE

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels