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ZADA

Active Private limited company (pre-2019)founded 1995active for 31 yearsPaul Snoekstraat 14, 8431 MiddelkerkeKBO/BCE: BE 0454.584.263

Lifetime

20 annual accounts with figures on one time axis, 31 filings since 1995
peak €32,474 (2013)
€1,080▼ 37.8%
lowest -€20,325 (2011)
€71▲ €487
peak €33,558 (2010)
€1,488▲ 5.0%
€6,699▼ 9.2%
peak 4.4 FTE (2011)
-not published
Board2 names since 2017
1 director
Documentsfilings and deeds
29-04-202693 days before the deadline
2025micro format
Gross margin from €1,735 to €1,080Back to profit: €71Cash from €2,596 to €5,047

Key points

from the 2025 annual accounts

Debts

€6,699 82% of the balance sheet
Suppliers 9%Taxes and wages 19%Other 72%

Of this, €6,345 falls due within a year.

Filings

31 annual accounts since 1995
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2019 accounts came latest: 87 days after the end of the period.

Position in the sector

€1,488

Less equity than 90% of companies in specialised construction. Sector median €57,716 · 35,168 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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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Signals

Board and ownership

Manager
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0454584263
New manager appointed, resigned · Director discharge: (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
All 43 events

Comparable companies

same main activity, similar in size and age
Company
ZADA Middelkerke - - 18.2% -
TWEEVOUD Kortenaken - - 100.0% -
ANTWERPSE RENOVATIE CENTRALE Mortsel - - -72.5% -
THEO FLOR Beersel €28,626 -21.1% 62.5% -
AQLT Tongeren - - -586.3% -
LAMEL Ganshoren €23,320 -40.1% -1841.1% -
LIDO CONSTRUCT Anderlecht - - -280.6% -

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.

Official details

Source: KBO
Status
Active since 15-02-1995Normal situation
Activity
Other building finishing workNACE 43350
Establishment unit
2.070.697.3058431 Middelkerke, since 15-03-1995
Financial year end
31 December
Peppol
Reachable since 18-09-2026
Company details

Annual accounts 2025

≈ €11,000estimated
€8,187▼ 6.9%
Filing
Filed on 29-04-2026, 93 days before the end of the filing period
Financials

Insights on ZADA

ZADA files the micro format. That format states no turnover. The gross margin fell from €20,595 in 2006 to €1,080 in 2025.

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 ZADA

What is the company number of ZADA?
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

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