Z11
ActiveFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Z11 has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,000 and a net result of €24,054. Equity has been shrinking by about 22% per year since 2022. If that trend continues, it turns negative around financial year 2028. Its solvency ranks better than 24% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
KBO- Status
- Active since 16-03-2022 Normal situation
- Activity
- Retail sale of solid, liquid and gaseous fuels, excluding motor fuels NACE 47781and 5 others
- Establishment unit
- 2.328.887.252 3130 Begijnendijk, since 16-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 18-02-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €53,935
- ▲ 471%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €24,054
- Equity
- €3,000
- ▼ 97.6%
- Total assets
- €125,372
- ▼ 4.9%
Score breakdownraises riskEquity €3,000 (2.4% of total assets)Founded in 2022lowers riskLiquidity: current ratio 0.78, cash €81,768Size: total assets €125,372Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 21% of them on solvency, 52% on liquidity, 87% on profitability and 6% on growth.
The bankruptcy probability was computed on 31-10-2026 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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Signals
The company filed its last 4 accounts on average 78 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as Z11: retail sale of solid, liquid and gaseous fuels, excluding motor fuels (NACE 47781). They are comparable in size and age: total assets between €81,900 and €155,000, founded between 2021 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| Z11 Begijnendijk | €125,372 | €53,935 |
| FITCAVE Leuven | €131,422 | €50,683 |
| FIXMAN Kampenhout | €116,949 | €66,515 |
| STALENA Wetteren | €112,430 | €49,033 |
| ORTOMEX Jurbise | €150,967 | €61,000 |
| LOCA-INVEST Plombières | €154,624 | €61,083 |
| MAYSS & MOUNS SERVICE Sint-Pieters-Leeuw | €81,893 | €49,730 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 16-02-2026
- Annual accounts 2024filed on 10-06-2025
- Annual accounts 2023filed on 18-06-2024
- Annual accounts 2022filed on 07-06-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Z11
- What is the company number of Z11?
- The company number of Z11 is 0783.496.516. The VAT number is the same number with BE in front: BE 0783.496.516.
- Where is Z11 based?
- The registered office is at Prof.Scharpélaan 215, 3130 Begijnendijk.Company details
- What does Z11 do?
- According to the KBO register, the main activity is retail sale of solid, liquid and gaseous fuels, excluding motor fuels (NACE 47781).
- What is the legal form of Z11?
- The legal form of Z11 is Private limited company (BV).
- When was Z11 founded?
- Z11 was founded on 16-03-2022.
- Is Z11 still active?
- Yes, Z11 is an active enterprise in the KBO register.
- What is the turnover of Z11?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €53,935 and 44 comparable companies (NACE 477). It probably lies between €140,000 and €360,000.Financials
- Is Z11 profitable?
- In financial year 2025, Z11 made a profit of €24,054.
- Where can I find the annual accounts of Z11?
- Z11 filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Z11 due?
- Z11 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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