ZATTA
Open bankruptcyA bankruptcy procedure is open for ZATTA according to publications in the Belgian State Gazette; curator: VINCENT GEERAERT.
Summary
The 2024 annual accounts show equity of €1.59M and a net result of €7k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 30-04-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
28 d early
2022
2 d early
2021
45 d early
2020
37 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.59M▲ 0.4%
2023 · €1.58M
2018: €2.15M
2019: €2.15M
2020: €2.07M
2021: €1.98M
2022: €1.76M
2023: €1.58M
2018 → 2024
Total assets
€2.45M▼ 24.0%
2023 · €3.22M
2018: €2.89M
2019: €2.78M
2020: €3.07M
2021: €3.04M
2022: €3.26M
2023: €3.22M
2018 → 2024
Net result
€7k
2023 · €-176k
2018: €5k
2019: €3k
2020: €-79k
2021: €-90k
2022: €-224k
2023: €-176k
2018 → 2024
Working capital
€431k▼ 33.4%
2023 · €647k
2018: €573k
2019: €886k
2020: €607k
2021: €492k
2022: €806k
2023: €647k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.07M-€1.98M▼ 4.4%€1.76M▼ 11.3%€1.58M▼ 10.0%€1.59M▲ 0.4%
Operating result€-98k-€-102k▼ 3.6%€-218k▼ 114%€-154k▲ 29.1%€32k
Net result€-79k-€-90k▼ 14.2%€-224k▼ 149%€-176k▲ 21.7%€7k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €32k after a loss of €154k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.56M
Fixed assets
€624k ▼ 64.5%
Current assets
€935k ▼ 36.1%
Equity and liabilities €2.45M
Equity
€1.59M ▲ 0.4%
Debt
€860k ▼ 47.6%
Debt's share of the balance-sheet total falls from 50.9% to 35.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€193k▲
2023 · €-52k
Cash flow
€168k▲
2023 · €-73k
Current ratio
1.85▲
2023 · 1.79
Quick ratio
0.23▲
2023 · 0.16
Debt to equity
0.54▼
2023 · 1.04
ROE
0.4%▲
2023 · -11.1%
ROA
0.3%▲
2023 · -5.5%
Interest coverage
6.27▲
2023 · -1.69
Debt ≤ 1 year
€505k▼
2023 · €816k
Debt > 1 year
€272k▼
2023 · €821k
Income taxes
€536▲
2023 · €312
Staff costs
€1.15M▲
2023 · €909k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.22M€2.45M▼
Formation expenses20-€887k
Fixed assets21/28€1.76M€624k▼
Intangible fixed assets21€293k€250k▼
Tangible fixed assets22/27€1.46M€374k▼
Land and buildings22€1.04M-
Plant, machinery and equipment23€36k€30k▼
Furniture and vehicles24€270k€248k▼
Other tangible fixed assets26€118k€96k▼
Financial fixed assets28€280€280=
Current assets29/58€1.46M€935k▼
Stocks and contracts in progress3€1.34M€821k▼
Stocks30/36€1.34M€821k▼
Amounts receivable within one year40/41€46k€45k▼
Trade receivables40€46k€44k▼
Other amounts receivable41-€825
Cash at bank and in hand54/58€46k€57k▲
Deferred charges and accrued income490/1€34k€13k▼
Equity and liabilities
Total equity and liabilities10/49€3.22M€2.45M▼
Equity10/15€1.58M€1.59M▲
Contributions10/11€1.00M€1.00M=
Reserves13€579k€586k▲
Non-distributable reserves130/1€95k-
Reserves not available under the articles1311€95k-
Tax-exempt reserves132€99k€99k=
Distributable reserves133€385k€487k▲
Amounts payable17/49€1.64M€860k▼
Amounts payable after more than one year17€821k€272k▼
Financial debts170/4€821k€272k▼
Amounts payable within one year42/48€816k€505k▼
Current portion of amounts payable after more than one year42€15k€22k▲
Financial debts43€436k€56k▼
Credit institutions430/8€436k€56k▼
Trade debts44€299k€372k▲
Suppliers440/4€299k€372k▲
Taxes, remuneration and social security45€32k€23k▼
Taxes450/3€12k-
Remuneration and social security454/9€20k€23k▲
Other amounts payable47/48€33k€32k▼
Accrued charges and deferred income492/3€3k€83k▲
Income statement
Code20232024
Non-recurring operating income76A-€1.04M
Remuneration, social security and pensions62€909k€1.15M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103k€161k▲
Other operating charges640/8€49k€69k▲
Gross operating margin9900€906k€1.41M▲
Operating profit (loss)9901€-154k€32k▲
Financial income75/76B€10k€7k▼
Recurring financial income75€10k€7k▼
Financial charges65/66B€31k€31k▲
Recurring financial charges65€31k€31k▲
Profit (loss) for the period before taxes9903€-175k€7k▲
Income taxes67/77€312€536▲
Profit (loss) for the period9904€-176k€7k▲
Profit (loss) for the period to be appropriated9905€-176k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-176k€7k▲
Transfer from equity791/2€176k-
Transfer to equity691/2-€7k
To other reserves6921-€7k
Social balance
Average headcount (FTE)908725.824.2▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · ZATTA BV WOUDSTRAAT 15, 3600 GENK · event 13-08-2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €7k
Net result €7k after 4 loss-making years.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-224k
Net result drops to €-224k, the lowest in the series.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Genk · 1 establishment unit since 1978
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.
Woudstraat 153600 GenkGround area
4,847 m²
Building footprint
3,461 m²
Volume, LiDAR
17,318 m³
Parcel 71302A0002/00Z025, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Woudstraat 15, 3600 Genk
since 19782.015.284.767
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0002/00Z025 | Flanders | 4,847 m² | 1 · 3,461 m² | 7.8 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VINCENT GEERAERT PRINS BISSCHOPSSINGEL 31,
3500 HASSELT |
13-08-2025 → present |
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Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 955 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-1978
Fiscal year end30-09
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.