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Zaha Construct

Active
Private limited companyfounded 2023active for 3 yearsEduard Arsenstraat 28, 2640 Mortsel, BelgiumKBO/BCE: BE 0798.648.510
Summary

The computed 12-month bankruptcy probability of Zaha Construct is 25.0% (high). The 2024 annual accounts show equity of €7,085 and a net result of €7,085. Its solvency ranks better than 14% of 9,841 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).

Financials · financial year 2024, micro format

2024 annual accounts filed late (131 days) Filed on 9 December 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00578308.

Turnover
€179,482
EBIT margin
5.4%
Net result
€7,085
Working capital
€46,263
Balance-sheet composition
Assets €210,410
Fixed assets €15,822
Current assets €194,588
Equity and liabilities €210,410
Equity €7,085
Debt €203,326
Debt finances 96.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€11,099
Cash flow
€8,529
Current ratio
1.31
Debt to equity
28.70
ROE
100.0%
ROA
3.4%
Interest coverage
53.22
Debt ≤ 1 year
€148,326
Income taxes
€2,362

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.4% stopped otherwise
92.1% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 25.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,135 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€210,410
Fixed assets21/28€15,822
Tangible fixed assets22/27€15,822
Furniture and vehicles24€15,822
Current assets29/58€194,588
Amounts receivable within one year40/41€193,716
Trade receivables40€124,146
Other amounts receivable41€69,569
Cash at bank and in hand54/58€873
Equity and liabilities
Total equity and liabilities10/49€210,410
Equity10/15€7,085
Profit (loss) carried forward14€7,085
Amounts payable17/49€203,326
Amounts payable within one year42/48€148,326
Trade debts44€145,964
Suppliers440/4€27
Bills of exchange payable441€145,937
Taxes, remuneration and social security45€2,362
Taxes450/3€2,362
Accrued charges and deferred income492/3€55,000
Income statement Code2024
Turnover70€179,482
Goods, raw materials, services and sundry goods60/61€167,972
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,444
Other operating charges640/8€411
Gross operating margin9900€11,510
Operating profit (loss)9901€9,655
Financial charges65/66B€209
Recurring financial charges65€209
Profit (loss) for the period before taxes9903€9,446
Income taxes67/77€2,362
Profit (loss) for the period9904€7,085
Profit (loss) for the period to be appropriated9905€7,085
Appropriation of the result
Profit (loss) to be appropriated9906€7,085

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€179,482
Goods, raw materials, services and sundry goods60/61€167,972
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,444
Other operating charges640/8€411
Gross operating margin9900€11,510
Operating profit (loss)9901€9,655
Financial charges65/66B€209
Recurring financial charges65€209
Profit (loss) for the period before taxes9903€9,446
Income taxes67/77€2,362
Profit (loss) for the period9904€7,085
Profit (loss) for the period to be appropriated9905€7,085
Line2024
Assets
Total assets20/58€210,410
Fixed assets21/28€15,822
Tangible fixed assets22/27€15,822
Furniture and vehicles24€15,822
Current assets29/58€194,588
Amounts receivable within one year40/41€193,716
Trade receivables40€124,146
Other amounts receivable41€69,569
Cash at bank and in hand54/58€873
Equity and liabilities
Total equity and liabilities10/49€210,410
Equity10/15€7,085
Profit (loss) carried forward14€7,085
Amounts payable17/49€203,326
Amounts payable within one year42/48€148,326
Trade debts44€145,964
Suppliers440/4€27
Bills of exchange payable441€145,937
Taxes, remuneration and social security45€2,362
Taxes450/3€2,362
Accrued charges and deferred income492/3€55,000
Line2024
Profit (loss) for the period9904€7,085
+ Depreciation and write-downs630€1,444
Operating cash flow (approximation)€8,529

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 09-12-2025 2025-00578308

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 7,965 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.