ZC
ActiveSummary
ZC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €427,393 and a net result of €806. Equity is growing by ~7.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability19▲+3
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
short-term debt: 0.2% and cash: 0.3% of total assets, and 11.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
88.6%
Return on assets
0.2%
Age of the figures
6 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 08-09-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
53 d early
2025
39 d early
2024
on the day
2023
11 d early
2022
53 d early
2021
129 d early
2020
137 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 60 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 22 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€427,393▲ 0.2%
2025 · €426,587
Total assets
€482,571▼ 0.3%
2025 · €483,933
Net result
€806
2025 · -€11,336
Working capital
€470,507▼ 2.2%
2025 · €481,040
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result-€4,550▼ 16.7%-€19,914▼ 338%-€7,132▲ 64.2%-€18,507▼ 159%-€11,155▲ 39.7%
Net result-€1,073▲ 30.8%€162,935-€1,146-€11,336▼ 889%€806
Equity€276,134▼ 0.4%€439,069▲ 59.0%€437,923▼ 0.3%€426,587▼ 2.6%€427,393▲ 0.2%
Total assets€425,833▲ 5.7%€494,253▲ 16.1%€492,950▼ 0.3%€483,933▼ 1.8%€482,571▼ 0.3%
Debt€134,699▲ 21.6%€731▼ 99.5%€574▼ 21.5%€2,893▲ 404%€725▼ 74.9%
Working capital€116,729▲ 0.6%€493,133▲ 322%€491,987▼ 0.2%€481,040▼ 2.2%€470,507▼ 2.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,155 in 2026 against €18,507 in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €482,571
Fixed assets
€11,339
Current assets
€471,232
Equity and liabilities €482,571
Equity
€427,393 ▲ 0.2%
Provisions
€54,453 =
Debt
€725 ▼ 74.9%
Debt's share of the balance-sheet total falls from 0.6% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€6,494▲
2025 · -€18,117
Cash flow
€5,467▲
2025 · -€10,947
Debt to equity
0.00▼
2025 · 0.01
ROE
0.2%▲
2025 · -2.7%
ROA
0.2%▲
2025 · -2.3%
Interest coverage
-9.81▲
2025 · -33.20
Debt ≤ 1 year
€725▼
2025 · €2,893
Income taxes
€163▲
2025 · €131
A ratio outside any meaningful range has been withheld (balance sheet total €482,571, equity €427,393).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,045 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.3%
went bankrupt
3.6%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,045 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
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,000 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,971 | - | - | €389 | €4,661 | ▲ 1,097% |
| Other operating charges640/8 | €5,406 | €3,206 | €210 | €918 | €791 | ▼ 13.8% |
| Gross operating margin9900 | €11,826 | -€16,707 | -€6,922 | -€17,200 | -€5,703 | ▲ 66.8% |
| Operating profit (loss)9901 | -€4,550 | -€19,914 | -€7,132 | -€18,507 | -€11,155 | ▲ 39.7% |
| Financial income75/76B | €6,426 | €240,138 | €7,050 | €7,847 | €12,785 | ▲ 62.9% |
| Recurring financial income75 | €6,426 | €6,300 | €7,050 | €7,847 | €12,785 | ▲ 62.9% |
| Non-recurring financial income76B | - | €233,838 | - | - | - | - |
| Financial charges65/66B | €2,742 | €2,106 | €792 | €546 | €662 | ▲ 21.3% |
| Recurring financial charges65 | €2,742 | €2,106 | €792 | €546 | €662 | ▲ 21.3% |
| Profit (loss) for the period before taxes9903 | -€866 | €218,119 | -€874 | -€11,205 | €969 | ▲ 109% |
| Transfer to deferred taxes680 | - | €54,453 | - | - | - | - |
| Income taxes67/77 | €207 | €731 | €272 | €131 | €163 | ▲ 24.2% |
| Profit (loss) for the period9904 | -€1,073 | €162,935 | -€1,146 | -€11,336 | €806 | ▲ 107% |
| Transfer to tax-exempt reserves689 | - | €163,359 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€1,073 | -€424 | -€1,146 | -€11,336 | €806 | ▲ 107% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €425,833 | €494,253 | €492,950 | €483,933 | €482,571 | ▼ 0.3% |
| Formation expenses20 | - | €0 | €0 | - | - | - |
| Fixed assets21/28 | €247,578 | €389 | €389 | €0 | €11,339 | - |
| Intangible fixed assets21 | €389 | €389 | €389 | €0 | - | - |
| Tangible fixed assets22/27 | €247,188 | €0 | €0 | - | €11,339 | - |
| Land and buildings22 | €247,188 | - | - | - | - | - |
| Furniture and vehicles24 | - | €0 | €0 | - | €11,339 | - |
| Current assets29/58 | €178,256 | €493,864 | €492,560 | €483,933 | €471,232 | ▼ 2.6% |
| Amounts receivable after more than one year29 | €135,000 | €210,000 | €235,000 | €235,000 | €235,000 | = |
| Other amounts receivable291 | €135,000 | €210,000 | €235,000 | €235,000 | €235,000 | = |
| Amounts receivable within one year40/41 | €43,203 | €251,710 | €257,050 | €219,260 | €234,717 | ▲ 7.0% |
| Other amounts receivable41 | €43,203 | €251,710 | €257,050 | €219,260 | €234,717 | ▲ 7.0% |
| Cash at bank and in hand54/58 | €53 | €32,153 | €510 | €29,673 | €1,515 | ▼ 94.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €425,833 | €494,253 | €492,950 | €483,933 | €482,571 | ▼ 0.3% |
| Equity10/15 | €276,134 | €439,069 | €437,923 | €426,587 | €427,393 | ▲ 0.2% |
| Contributions10/11 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Reserves13 | €4,000 | €167,359 | €167,359 | €167,359 | €167,359 | = |
| Non-distributable reserves130/1 | €4,000 | €4,000 | - | - | - | - |
| Reserves not available under the articles1311 | €4,000 | €4,000 | - | - | - | - |
| Tax-exempt reserves132 | - | €163,359 | €163,359 | €163,359 | €163,359 | = |
| Distributable reserves133 | - | - | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €232,134 | €231,710 | €230,565 | €219,228 | €220,034 | ▲ 0.4% |
| Provisions and deferred taxes16 | €15,000 | €54,453 | €54,453 | €54,453 | €54,453 | = |
| Provisions for liabilities and charges160/5 | €15,000 | - | - | - | - | - |
| Major repairs and maintenance162 | €15,000 | - | - | - | - | - |
| Deferred taxes168 | - | €54,453 | €54,453 | €54,453 | €54,453 | = |
| Amounts payable17/49 | €134,699 | €731 | €574 | €2,893 | €725 | ▼ 74.9% |
| Amounts payable after more than one year17 | €73,173 | - | - | - | - | - |
| Financial debts170/4 | €73,173 | - | - | - | - | - |
| Amounts payable within one year42/48 | €61,526 | €731 | €574 | €2,893 | €725 | ▼ 74.9% |
| Current portion of amounts payable after more than one year42 | €9,156 | - | - | - | - | - |
| Financial debts43 | €50,641 | - | - | - | - | - |
| Credit institutions430/8 | €50,641 | - | - | - | - | - |
| Trade debts44 | €1,377 | - | €302 | €2,762 | €431 | ▼ 84.4% |
| Suppliers440/4 | €1,377 | - | €302 | €2,762 | €431 | ▼ 84.4% |
| Taxes, remuneration and social security45 | €353 | €731 | €272 | €131 | €294 | ▲ 124% |
| Taxes450/3 | €353 | €731 | €272 | €131 | €294 | ▲ 124% |
| Other amounts payable47/48 | - | €0 | €0 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,073 | €162,935 | -€1,146 | -€11,336 | €806 | ▲ 107% |
| + Depreciation and write-downs630 | €10,971 | - | - | €389 | €4,661 | ▲ 1,097% |
| Operating cash flow (approximation) | €9,898 | €162,935 | -€1,146 | -€10,947 | €5,467 | ▲ 150% |
| Investment in fixed assets (approximation) | - | €247,188 | €0 | €0 | -€16,000 | - |
| Change in cash | - | €32,101 | -€31,643 | €29,163 | -€28,158 | ▼ 197% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Back to profitnet €806
Net result €806 after 2 loss-making years.
31-03
Financial
Liquidity quadruplescurrent ratio 649.75
Current ratio from 167.27 to 649.75; short-term debt falls from €2,893 to €725.
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet -€11,336
Net result drops to -€11,336, the lowest in the series; recovery starts the following year.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
20-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €162,935
Net result €162,935 after 2 loss-making years.
31-03
Financial
Liquidity times 233current ratio 675.79
Current ratio from 2.90 to 675.79; short-term debt falls from €61,526 to €731.
2022
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
31-03
Financial
Back to profitnet €548
Net result €548 after one loss-making year.
2019
21-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2016
11-08
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.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Leopoldsburg · 1 establishment unit since 2010
Ground area
2,943 m²
Building footprint
363 m²
Volume, LiDAR
1,470 m³
Parcel 71023A0348/00X005, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ZC bvba
since 20102.193.366.869
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71023A0348/00X005 | Flanders | 2,943 m² | 1 · 363 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded04-11-2010
Fiscal year end31-03
E-invoicing
Reachable via Peppol
Peppol ID
0208:0830874383
Also
9925:BE0830874383
Registered
03-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.