Zca
ActiveZca has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.08M and a net result of €160k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 28% of 3257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent▲ +40 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+68
Solvency27▲+24
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 0.07 in 2024), and 81% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
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
19%
Return on assets
2.8%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
26 d late
2023
29 d late
2022
25 d late
2021
31 d late
2020
2 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.08M▲ 521%
2024 · €174k
2018: €93k
2019: €113k
2020: €126k
2021: €148k
2022: €169k
2023: €172k
2024: €174k
2018 → 2025
Total assets
€5.68M▲ 23.8%
2024 · €4.59M
2018: €1.18M
2019: €1.59M
2020: €1.86M
2021: €2.36M
2022: €3.44M
2023: €3.97M
2024: €4.59M
2018 → 2025
Net result
€160k▲ 7,047%
2024 · €2k
2018: €25k
2019: €20k
2020: €13k
2021: €22k
2022: €21k
2023: €3k
2024: €2k
2018 → 2025
Working capital
€122k
2024 · €-706k
2018: €-537k
2019: €-68k
2020: €-227k
2021: €85k
2022: €168k
2023: €-138k
2024: €-706k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€169k▲ 14.0%€172k▲ 1.8%€174k▲ 1.3%€1.08M▲ 521%
Operating result€54k-€76k▲ 41.8%€49k▼ 36.3%€61k▲ 25.8%€210k▲ 244%
Net result€22k-€21k▼ 6.5%€3k▼ 85.0%€2k▼ 28.1%€160k▲ 7,047%
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 2023 the operating result has climbed two years in a row; 2025 is 244% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.68M
Fixed assets
€4.64M▲ 2.4%
Current assets
€1.04M▲ 1,848%
Equity and liabilities €5.68M
Equity
€1.08M▲ 521%
Debt
€4.60M▲ 4.2%
The debt ratio falls from 96.2% to 81.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€543k▲
2024 · €220k
Cash flow
€493k▲
2024 · €162k
Solvency
19.0%▲
2024 · 3.8%
Current ratio
1.13▲
2024 · 0.07
Quick ratio
1.13▲
2024 · 0.07
Debt / equity
4.25▼
2024 · 25.35
ROE
14.8%▲
2024 · 1.3%
ROA
2.8%▲
2024 · 0.0%
Interest coverage
13.50▲
2024 · 6.97
Debt
€4.60M▲
2024 · €4.41M
Debt ≤ 1 year
€914k▲
2024 · €759k
Debt > 1 year
€3.67M▲
2024 · €3.65M
Income taxes
€9k▼
2024 · €15k
Staff costs
€135k▼
2024 · €140k
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€4.59M€5.68M▲
Formation expenses20€0€0=
Fixed assets21/28€4.53M€4.64M▲
Intangible fixed assets21€29k€6k▼
Tangible fixed assets22/27€4.39M€4.49M▲
Land and buildings22€4.39M€4.49M▲
Furniture and vehicles24€208€0▼
Financial fixed assets28€112k€142k▲
Current assets29/58€53k€1.04M▲
Amounts receivable within one year40/41€10k€281k▲
Trade receivables40€10k€281k▲
Other amounts receivable41€0€0=
Current investments50/53-€700k
Cash at bank and in hand54/58€44k€55k▲
Equity and liabilities
Total equity and liabilities10/49€4.59M€5.68M▲
Equity10/15€174k€1.08M▲
Contributions10/11€62k€74k▲
Capital10€62k€74k▲
Issued capital100€62k€74k▲
Reserves13€86k€133k▲
Non-distributable reserves130/1€6k€7k▲
Legal reserve130€6k€7k▲
Tax-exempt reserves132€14k€14k=
Distributable reserves133€66k€112k▲
Profit (loss) carried forward14€26k€874k▲
Amounts payable17/49€4.41M€4.60M▲
Amounts payable after more than one year17€3.65M€3.67M▲
Financial debts170/4€3.65M€3.67M▲
Amounts payable within one year42/48€759k€914k▲
Current portion of amounts payable after more than one year42€161k€209k▲
Trade debts44€61k€44k▼
Suppliers440/4€61k€44k▼
Taxes, remuneration and social security45€25k€60k▲
Taxes450/3-€32k
Remuneration and social security454/9€25k€27k▲
Other amounts payable47/48€512k€601k▲
Accrued charges and deferred income492/3€2k€15k▲
Income statement
Code20242025
Remuneration, social security and pensions62€140k€135k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159k€333k▲
Other operating charges640/8€13k€15k▲
Operating charges capitalised as restructuring costs649€0-
Gross operating margin9900€374k€692k▲
Operating profit (loss)9901€61k€210k▲
Financial charges65/66B€44k€40k▼
Recurring financial charges65€32k€40k▲
Non-recurring financial charges66B€12k-
Profit (loss) for the period before taxes9903€17k€170k▲
Income taxes67/77€15k€9k▼
Profit (loss) for the period9904€2k€160k▲
Profit (loss) for the period to be appropriated9905€2k€160k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€876k▲
Profit (loss) brought forward from the previous period14P€24k€715k▲
Transfer to equity691/2-€1k
To contributions691-€1k
The notes to these accounts (13 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-12
Financial
Highest result since 2018net €160k ▲7047%
Operating result €210k, net result €160k, both a record.
31-12
Financial
Liquidity times 16current ratio 1.13
Current ratio from 0.07 to 1.13.
31-12
Financial
Equity above €1MEq €1.08M ▲521%
8 profitable years in a row build equity to €1.08M.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €2k ▼28.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Equity above €150kEq €169k ▲14%
5 profitable years in a row build equity to €169k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 1.14
Current ratio from 0.48 to 1.14.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €113k ▲21.9%
2 profitable years in a row build equity to €113k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial 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, Deinze · 2 establishment units since 1992
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.
Oude Heirbaan 49-519800 DeinzeGround area
2,703 m²
Building footprint
491 m²
Volume, LiDAR
3,678 m³
2 parcels, Flanders · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Oude Heirbaan 49-51, 9800 Deinze
since 19922.057.367.129
ZCA
since 20192.290.859.886
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44026A0431/00W002 | Flanders | 1,479 m² | 1 · 269 m² | 11.0 m · 2 fl. |
| 44050B1219/00R004 | Flanders | 1,224 m² | 1 · 222 m² | 13.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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CENTOYA
BE 0809.882.494
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COFIMAS
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SPANASSUR
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Of 2,256 companies in sector 69209 we hold annual accounts for 1,089. 579 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-03-1992
Fiscal year end31-12
Activities, NACEBEL
69202Legal and accounting activities
69209Other tax advisory services
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.