ZAAG
ActiveThe computed 12-month bankruptcy probability of ZAAG is 2.4% (moderate). The 2025 annual accounts show equity of €7k and a net result of €5k. Its solvency ranks better than 24% of 27787 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability78
Solvency48
Growth-
Track record67
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27787 sector peers (2025).
NBB · sector comparisonPosition among 27787 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€7k
Total assets
€32k
Net result
€5k
Working capital
€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €32k
Equity
€7k
Debt
€25k
Debt finances 77.4% of the balance-sheet total.
Key figures and ratios
Solvency
22.6%
Current ratio
1.29
Quick ratio
1.29
Debt / equity
3.42
ROE
72.4%
ROA
16.4%
Debt
€25k
Debt ≤ 1 year
€25k
Income taxes
€2k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€32k
Current assets29/58€32k
Amounts receivable within one year40/41€4k
Trade receivables40€4k
Cash at bank and in hand54/58€28k
Deferred charges and accrued income490/1€62
Equity and liabilities
Total equity and liabilities10/49€32k
Equity10/15€7k
Contributions10/11€2k
Profit (loss) carried forward14€5k
Amounts payable17/49€25k
Amounts payable within one year42/48€25k
Trade debts44€450
Suppliers440/4€450
Taxes, remuneration and social security45€7k
Taxes450/3€7k
Other amounts payable47/48€17k
Income statement
Code2025
Other operating charges640/8€834
Gross operating margin9900€8k
Operating profit (loss)9901€7k
Financial charges65/66B€264
Recurring financial charges65€264
Profit (loss) for the period before taxes9903€7k
Income taxes67/77€2k
Profit (loss) for the period9904€5k
Profit (loss) for the period to be appropriated9905€5k
Appropriation of the result
Profit (loss) to be appropriated9906€5k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Leopoldsburg · 1 establishment unit since 2023
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.
Hospitaalstraat 43970 LeopoldsburgGround area
441 m²
Building footprint
424 m²
Volume, LiDAR
5,087 m³
Parcel 71034A0647/00C000, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ZAAG
since 20232.353.109.736
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A0647/00C000 | Flanders | 440 m² | 1 · 424 m² | 16.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Algemene schrijnwerkerij Jarne Dolezal
BE 1001.963.577
Malle · Eq €7k
Schrijnwerkerij Grootjans
BE 0871.620.026
Glabbeek · Eq €7k
ETABLISSEMENT NESKENS ENTREPRISE DE CONSTRUCTIONS
BE 0645.910.924
Genappe · Eq €7k
Algemene Bouwwerken DVVC
BE 0748.465.658
Bornem · Eq €7k
JC Meubels
BE 0726.801.994
Antwerpen · Eq €7k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 3,910 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2023
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
82990Other business support services
90022Arts creation and performing arts activities
90392Design and construction of stages and sets
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.