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ZADA MARKET

Active
Private limited companyfounded 2019active for 6 yearsPauwengraaf(E) 34, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0738.981.929
Summary

The computed 12-month bankruptcy probability of ZADA MARKET is 4.1% (elevated). The 2025 annual accounts show negative equity (-€35,480) and a net result of -€17,361. Equity has been shrinking by about 56% per year since 2020. Its solvency ranks better than 5% of 9,394 sector peers (NACE 41, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 11-12-2019 Normal situation
Activity
General construction of residential buildings NACE 41001and 5 others
Establishment unit
2.297.148.753 3630 Maasmechelen, since 11-12-2019
Financial year end
31 December
Peppol
Reachable since 12-01-2026

Board and ownership

Board

Financial position

46 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.1%
Annual accounts 2025
Gross margin
-€15,369
▲ 32.4%
Loss
€17,361
▼ 37.5%
Equity
-€35,480
▼ 95.8%
Total assets
€5,436
▼ 19.9%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 49 days after the deadline
Turnover not published (micro format)
Filed on 18-09-2026
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 49 days late; 2 of the last 3 accounts lateNegative equity -€35,480lowers riskSize: total assets €5,436Show the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -652.7% of total assets
Liquidity 22+4
short-term debt 752.7% · cash 17.6%
Profitability 0=
return on assets -319.4%
Bankruptcy probability within 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 10.2% 01-2025: 13.0%▲ +2.8 percentage points vs 12-2024highest value 02-2025: 13.0%● unchanged vs 01-2025highest value 03-2025: 6.4%▼ -6.6 percentage points vs 02-2025 04-2025: 6.3%▼ -0.1 percentage points vs 03-2025 05-2025: 6.3%● unchanged vs 04-2025 06-2025: 6.1%▼ -0.2 percentage points vs 05-2025 07-2025: 3.7%▼ -2.4 percentage points vs 06-2025 08-2025: 3.7%● unchanged vs 07-2025 09-2025: 3.7%● unchanged vs 08-2025 10-2025: 3.7%● unchanged vs 09-2025 11-2025: 3.8%▲ +0.1 percentage points vs 10-2025 12-2025: 3.8%● unchanged vs 11-2025 01-2026: 3.9%▲ +0.1 percentage points vs 12-2025 02-2026: 3.9%● unchanged vs 01-2026 03-2026: 3.5%▼ -0.4 percentage points vs 02-2026 04-2026: 3.5%● unchanged vs 03-2026 05-2026: 3.5%● unchanged vs 04-2026 06-2026: 3.4%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 3.5%▲ +0.1 percentage points vs 06-2026 08-2026: 4.2%▲ +0.7 percentage points vs 07-2026 09-2026: 4.4%▲ +0.2 percentage points vs 08-2026 10-2026: 4.1%▼ -0.3 percentage points vs 09-2026 11-2026: 4.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.02 (0.04 in 2024), below 1. Short-term debt is 752.7% and cash 17.6% of total assets. Equity is negative.
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 41, micro). It does better than 3% of them on solvency, 18% on liquidity, 5% on profitability and 5% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €5,436
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Last filed accounts filed 49 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€35,480
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€35,480
raises risk · 2025 accounts filed 49 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
49 days late
2024
43 days early
2023
197 days late
2022
330 days late
2021
62 days late
2020
6 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 98 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 October (4 of the last 5 accounts filed within 136 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€35,480 View
  • Caution: Lower solvency than 95% of companies in construction of buildingssector median 42.9% · 9,394 companies -652.7% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€17,361 View

Recent changes

  1. · Gazette deed Resignation: Zyumbyul ASLANOVA (director)Appointment: Ashkan Amidov KOVACHEV (director)
  2. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as ZADA MARKET: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €4,560 and €6,730, founded between 2019 and 2020.

CompanyTotal assetsGross margin
ZADA MARKET Maasmechelen€5,436-€15,369
Prestige Construction Andenne€5,607-€23,626
FORMWORK BELGIAN Zaventem€4,789-€17,063
FIPAMA Andenne€4,563-€1,456
BUILD AND ADVICE Waterloo€4,776-€1,727
Tadek Entreprise Générale de Bâtiment Rixensart€6,604€370
ENTREPRISE CONSTRUCTION YVES SCHIETTECATTE Tournai€6,732-€1,952
Full comparison

Key facts about ZADA MARKET

What is the company number of ZADA MARKET?
The company number of ZADA MARKET is 0738.981.929. The VAT number is the same number with BE in front: BE 0738.981.929.
Where is ZADA MARKET based?
The registered office is at Pauwengraaf(E) 34, 3630 Maasmechelen.Company details
What does ZADA MARKET do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of ZADA MARKET?
The legal form of ZADA MARKET is Private limited company (BV).
When was ZADA MARKET founded?
ZADA MARKET was founded on 11-12-2019.
Is ZADA MARKET still active?
Yes, ZADA MARKET is an active enterprise in the KBO register.
How many employees does ZADA MARKET have?
ZADA MARKET had an average of 0.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of ZADA MARKET?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is ZADA MARKET profitable?
In financial year 2025, ZADA MARKET made a loss of €17,361.
Where can I find the annual accounts of ZADA MARKET?
ZADA MARKET filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ZADA MARKET due?
ZADA MARKET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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