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Z9

Active Private limited company (pre-2019)founded 2010active for 15 yearsHanzestedenplaats 5, 2000 AntwerpKBO/BCE: BE 0832.151.815

Lifetime

15 annual accounts with figures on one time axis
peak €1.8m (2021)
€1.4m▼ 5.0%
lowest -€38,715 (2016)
€27,819▲ 338%
peak €969,182 (2025)
€969,182▲ 3.0%
€1.5m▼ 5.2%
peak 29.3 FTE (2012)
18.8 FTE▼ 10.0%
Board2 names since 2019
1 director
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Result from €6,346 to €27,819Staff from 20.9 FTE to 18.8 FTECash from €92,325 to €4,632

Key points

from the 2025 annual accounts

Equity

€969,182 ▲ 3.0%

Z9 has made a profit without a break since 2020.

Turnover

≈ €2.4m estimated

The abbreviated format states no turnover.

Investments

€62,987 0.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

18.8 FTE from 29.3 in 2012

Between 2012 and 2025, 36% of the full-time equivalents disappeared.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Six of the last ten came late. The 2023 accounts came latest: 57 days after the end of the period.

Position in the sector

€969,182

More equity than 92% of companies in food and beverage service. Sector median €121,006 · 4,119 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,047 companies had the same profile as Z9 has now. Each dot stands for 16 companies, two years later.

95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,047 companies, not a prediction for Z9. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0832151815
Resignation: (manager) Director discharge: (manager) · General meeting of 20-12-2019 · Gazette deed
Incorporation published on 03-01-2011 · Gazette deed
First establishment One Eighty, Hanzestedenplaats 5, Antwerp
All 25 events

Comparable companies

same main activity, similar in size and age
Company
Z9 Antwerp €2.4m €1.4m 39.7% 18.8
Desire de Lille Antwerp €2.4m €0.9m 1.7% 15.9
AZUUR Retie €1.7m €1.5m 77.7% 17.1
VALUMAT Ichtegem €2.7m €1.3m 34.1% 16
YETI-BOWL Eeklo €2.5m €1.6m 31.3% 21.6
DRAEKERWINNING Hasselt €2.1m €1.3m 22.0% 22.5
NEWBORN Bruges €1.9m €1.7m 81.1% 16.8

These companies have the same main activity as Z9: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €1.7m and €2.7m, founded between 2007 and 2013.

Official details

Source: KBO
Status
Active since 21-12-2010Normal situation
Activity
Full-service restaurantsNACE 56111
Establishment unit
2.200.859.6252000 Antwerp, since 21-12-2010
Financial year end
31 December
Peppol
Reachable since 10-10-2025
Company details

Annual accounts 2025

€2.4m▼ 2.1%
Employeeson 31-12-2025
19
Filing
Filed on 31-08-2026
Financials

Insights on Z9

Z9 files the abbreviated format. That format states no turnover. The gross margin rose from €1.1m in 2011 to €1.4m in 2025.

The balance sheet grew most from 2020 to 2021 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Z9

What is the company number of Z9?
The company number of Z9 is 0832.151.815. The VAT number is the same number with BE in front: BE 0832.151.815.
Where is Z9 based?
The registered office is at Hanzestedenplaats 5, 2000 Antwerp.Company details
What does Z9 do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Z9?
Z9 is a private limited company (pre-2019) (BVBA).
When was Z9 founded?
Z9 was founded on 21-12-2010.
Is Z9 still active?
Yes, Z9 is an active enterprise in the KBO register.
How many employees does Z9 have?
Z9 had an average of 18.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Z9?
The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €1.4m and 1,585 comparable companies of the same size. It probably lies between €1.6m and €3.9m. It is a rough estimate.
Is Z9 profitable?
In financial year 2025, Z9 made a profit of €27,819.
Where can I find the annual accounts of Z9?
Z9 filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Z9 due?
Z9 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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