ZALM
ActiveZALM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €300k and a net result of €31k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 1505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+1
Solvency94▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.71 in 2024; short-term debt: 28.3% and cash: 14% of total assets), and 31% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69%
Return on assets
7.2%
Age of the figures
12 mo
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 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
35 d early
2023
28 d early
2022
32 d early
2021
32 d early
2020
36 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€300k▼ 1.5%
2024 · €305k
2018: €417k
2019: €428k
2020: €420k
2021: €372k
2022: €292k
2023: €288k
2024: €305k
2018 → 2025
Total assets
€435k=
2024 · €435k
2018: €608k
2019: €581k
2020: €610k
2021: €590k
2022: €487k
2023: €441k
2024: €435k
2018 → 2025
Net result
€31k▲ 15.5%
2024 · €27k
2018: €23k
2019: €11k
2020: €36k
2021: €28k
2022: €19k
2023: €20k
2024: €27k
2018 → 2025
Working capital
€-28k▲ 5.1%
2024 · €-30k
2018: €286k
2019: €254k
2020: €119k
2021: €34k
2022: €-42k
2023: €-55k
2024: €-30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€372k-€292k▼ 21.7%€288k▼ 1.2%€305k▲ 5.9%€300k▼ 1.5%
Operating result€47k-€35k▼ 24.4%€39k▲ 9.2%€50k▲ 28.6%€56k▲ 13.5%
Net result€28k-€19k▼ 31.7%€20k▲ 3.2%€27k▲ 36.8%€31k▲ 15.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €435k
Fixed assets
€340k▼ 6.1%
Current assets
€95k▲ 31.0%
Equity and liabilities €435k
Equity
€300k▼ 1.5%
Debt
€135k▲ 3.7%
The debt ratio rises from 29.9% to 31.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€89k▲
2024 · €81k
Cash flow
€64k▲
2024 · €59k
Solvency
69.0%▼
2024 · 70.1%
Current ratio
0.77▲
2024 · 0.71
Quick ratio
0.77▲
2024 · 0.71
Debt / equity
0.45▲
2024 · 0.43
ROE
10.4%▲
2024 · 8.9%
ROA
7.2%▲
2024 · 6.2%
Interest coverage
7.88▲
2024 · 7.65
Debt
€135k▲
2024 · €130k
Debt ≤ 1 year
€123k▲
2024 · €102k
Debt > 1 year
€12k▼
2024 · €26k
Income taxes
€14k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€435k€435k=
Fixed assets21/28€363k€340k▼
Tangible fixed assets22/27€363k€340k▼
Plant, machinery and equipment23€235k€227k▼
Furniture and vehicles24€655€327▼
Leasing and similar rights25€127k€113k▼
Current assets29/58€72k€95k▲
Amounts receivable within one year40/41€70k€34k▼
Trade receivables40€70k€33k▼
Other amounts receivable41-€1k
Cash at bank and in hand54/58€2k€61k▲
Equity and liabilities
Total equity and liabilities10/49€435k€435k=
Equity10/15€305k€300k▼
Contributions10/11€6k€6k=
Reserves13€181k€176k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€179k€174k▼
Profit (loss) carried forward14€118k€118k▲
Amounts payable17/49€130k€135k▲
Amounts payable after more than one year17€26k€12k▼
Financial debts170/4€26k€12k▼
Amounts payable within one year42/48€102k€123k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€39k€57k▲
Suppliers440/4€39k€57k▲
Taxes, remuneration and social security45€9k€6k▼
Taxes450/3€9k€6k▼
Other amounts payable47/48€40k€45k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€33k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€83k€91k▲
Operating profit (loss)9901€50k€56k▲
Financial income75/76B€51€0▼
Recurring financial income75€51€0▼
Financial charges65/66B€11k€11k▲
Recurring financial charges65€11k€11k▲
Profit (loss) for the period before taxes9903€39k€45k▲
Income taxes67/77€12k€14k▲
Profit (loss) for the period9904€27k€31k▲
Profit (loss) for the period to be appropriated9905€27k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€145k€149k▲
Profit (loss) brought forward from the previous period14P€118k€118k▲
Transfer from equity791/2€10k€36k▲
Transfer to equity691/2€27k€31k▲
To other reserves6921€27k€31k▲
Profit to be distributed694/7€10k€36k▲
Return on contributions (dividend)694€10k€36k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Highest result since 2018net €36k ▲241%
Net result €36k, the highest in the series.
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €11k ▼54.6%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Gent · 1 establishment unit since 2007
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.
Visserij 489000 GentGround area
244 m²
Building footprint
116 m²
Volume, LiDAR
971 m³
Parcel 44804D3642/00T002, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Zalm BVBA
since 20072.162.867.693
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D3642/00T002 | Flanders | 244 m² | 1 · 116 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.
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IETSINDEMEDIA
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VINCENT TV BELGIË
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LES NEWS 24
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Of 520 companies in sector 59114 we hold annual accounts for 245. 172 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-04-2007
Fiscal year end30-09
Activities, NACEBEL
59114Motion picture, video and television programme production, sound recording and music publishing activities
59112Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.