Z & Z DISTRIBUTION
Z & Z DISTRIBUTION has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €103k and a net result of €12k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 15878 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €103k |
| Net result | €12k |
| Staff (FTE) | 0.3 |
| Better than sector | 46% |
Exceptional profile, strong across almost every axis.
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 | 33.8% | 39.5% | |
| Net result | €12k | €5k | |
| Equity | €103k | €56k | |
| Gross operating margin | €43k | €26k | |
| Staff costs | €9k | €35k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | €1.21M | - | €782k |
| EBITDA | €25k | €18k | €13k |
| Net profit | €12k | €7k | €2k |
| Cash flow | €19k | €14k | €9k |
| Staff costs | €9k | €20k | €8k |
| Income taxes | €4k | €3k | €1k |
| Dividends | - | - | - |
| Total assets | €303k | €234k | €233k |
| Equity | €103k | €90k | €84k |
| Debt | €200k | €144k | €150k |
| of which ≤ 1y | €194k | €143k | €138k |
| of which > 1y | - | €1k | €12k |
| Working capital | €109k | €85k | €81k |
| Employees (FTE) | 0.3 | 0.7 | 1.0 |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.56 | 1.59 | 1.59 |
| Quick ratio | 1.33 | 1.15 | 1.12 |
| Working capital ratio | 35.8% | 36.2% | 34.8% |
| Solvency | 33.8% | 38.6% | 35.8% |
| Debt / equity | 1.96 | 1.59 | 1.79 |
| Long-term debt ratio | - | 0.02 | 0.14 |
| Interest coverage | 12.43 | 13.13 | 4.00 |
| Gross margin | 3.5% | - | 5.4% |
| Net margin | 1.0% | - | 0.2% |
| ROA | 4.0% | 3.0% | 0.7% |
| ROE | 11.8% | 7.7% | 2.1% |
| EBITDA margin | 2.1% | - | 1.7% |
| Days sales outstanding | 59d | - | 64d |
| Days payable outstanding | 52d | - | 41d |
| Inventory turnover | 26.77 | - | 11.52 |
| Days inventory (DSI) | 14d | - | 32d |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €303k | €234k | €233k |
| Fixed assets | 21/28 | - | €7k | €14k |
| Tangible fixed assets | 22/27 | - | €7k | €14k |
| Current assets | 29/58 | €303k | €227k | €219k |
| Stocks & contracts in progress | 3 | €44k | €63k | €64k |
| Amounts receivable within one year | 40/41 | €258k | €162k | €153k |
| Cash & bank | 54/58 | €939 | €2k | €2k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €303k | €234k | €233k |
| Equity | 10/15 | €103k | €90k | €84k |
| Contributions / capital | 10/11 | €61k | €61k | €61k |
| Reserves | 13 | €6k | €6k | €6k |
| Accumulated profits (losses) | 14 | €36k | €24k | €17k |
| Amounts payable | 17/49 | €200k | €144k | €150k |
| Amounts payable after one year | 17 | - | €1k | €12k |
| Amounts payable within one year | 42/48 | €194k | €143k | €138k |
| Trade debts payable within one year | 44 | €166k | €117k | €83k |
| Income statement | ||||
| Turnover | 70 | €1.21M | - | €782k |
| Gross operating margin | 9900 | €43k | €41k | €43k |
| Operating result | 9901 | €18k | €11k | €6k |
| Financial income | 75 | €2 | €58 | €1 |
| Financial charges | 65 | €2k | €1k | €3k |
| Result before taxes | 9903 | €16k | €10k | €3k |
| Income taxes | 67/77 | €4k | €3k | €1k |
| Net result for the period | 9904 | €12k | €7k | €2k |
| Result to be appropriated | 9905 | €12k | €7k | €2k |
| NACE primary | Non-specialised wholesale(46392) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 01-01-1988 |
| Status | Active |
| Postal code | 6220 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52016A0449/00R002 | Wallonia | 1.0 ha | - | - |
| 52332B0459/00G003 | Wallonia | 7,436 m² | 1 · 1,541 m² | 12.0 m · 2 fl. |
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.
06-04-2023 Registered office moved from DAMPREMY to Fleurus
- CHAUSSEE DE BRUXELLES, 70 - 6020 DAMPREMY → A l'Avenue du Marquis, 23 - 6220 Fleurus
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "A l\u0027Avenue du Marquis, 23 - 6220 Fleurus",
"city": "Fleurus",
"region": "waals_gewest",
"street": "Avenue du Marquis",
"country": "BE",
"postcode": "6220",
"box_number": null,
"street_number": "23",
"locality_suffix": null
},
"old_address": {
"raw": "CHAUSSEE DE BRUXELLES, 70 - 6020 DAMPREMY",
"city": "DAMPREMY",
"region": "waals_gewest",
"street": "CHAUSSEE DE BRUXELLES",
"country": "BE",
"postcode": "6020",
"box_number": null,
"street_number": "70",
"locality_suffix": null
},
"effective_date": "2023-03-28",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-04-06",
"filing_date": "2023-03-28",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-03-10",
"unanimous": true
},
"subject_company": {
"kbo": "0433.730.946",
"name_full": "Z \u0026 Z DISTRIBUTION",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "ZENONE Ettore",
"org_rep_person_name": null,
"person_role_at_subject": "G\u00E9rant"
},
"co_filed_documents": []
}| Legal nameFR | Z & Z DISTRIBUTION |