Less equity than 90% of companies in specialised construction. Sector median €57,716 · 35,168 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 3,985 companies had the same profile as ZADA has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Micro
20 years or older
solvency 10 to 30%
a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
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 3,985 companies, not a prediction for ZADA. 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.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454584263
New managerName hiddenVisible after signing in appointed, Hidden nameVisible after signing in resigned · Director discharge: Name after signing inVisible after signing in (manager) · General meeting of 22-09-2017 · Gazette deed
Registered office moved from Middelkerke to Middelkerke-Wilskerke
New registered office: Paul Snoekstraat 14, 8431 Middelkerke-Wilskerke · Previous registered office: Zeedijk 58, 8430 Middelkerke · “Onderhoud en renovatie van gebouwen: Elektriciteitswerken; Loodgieterij,; Schilder- en behangwerken…” (deed in Dutch) · General meeting of 30-09-2016 · Gazette deed
First establishment
Klussen Eric, Paul Snoekstraat 14, Middelkerke
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ZADA: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €4,800 and €9,670, founded between 1989 and 2003.
The company number of ZADA is 0454.584.263. The VAT number is the same number with BE in front: BE 0454.584.263.
Where is ZADA based?
The registered office is at Paul Snoekstraat 14, 8431 Middelkerke.Company details
What does ZADA do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of ZADA?
ZADA is a private limited company (pre-2019) (BVBA).
When was ZADA founded?
ZADA was founded on 15-02-1995.
Is ZADA still active?
Yes, ZADA is an active enterprise in the KBO register.
What is the turnover of ZADA?
The turnover in financial year 2025 is ≈ €11,000. This figure is estimated from the gross margin of €1,080 and 37 comparable companies (NACE 43350). It probably lies between €6,300 and €23,000. It is a rough estimate.Financials
Is ZADA profitable?
In financial year 2025, ZADA made a profit of €71.
Where can I find the annual accounts of ZADA?
ZADA filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ZADA due?
ZADA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline