Equity
ZDEV has made a profit in every financial year since 2012.
ZDEV has made a profit in every financial year since 2012.
The micro format states no turnover.
Debts rose by €322,387 in 2025.
Green is investment, beige is depreciation. Land and buildings stand 511.4% higher than in 2024.
Short-term debts rose from €28,058 to €114,477.
The 2016 accounts came 287 days late. The other nine of the last ten were filed on time.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 34% of them on solvency, 38% on liquidity, 22% on profitability and 57% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,049 companies had the same profile as ZDEV has now. Each dot stands for 16 companies, two years later.
That fits the bankruptcy probability of ZDEV itself: 0.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for ZDEV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.62 (6.36 in 2024), below 1. Short-term debt is 18.7% and cash 9% of total assets. 62.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 75 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ZDEV Boechout | €612,250 | €52,578 | 37.7% | - |
| HNM Consulting Lier | €574,958 | €59,818 | 89.2% | - |
| NM BI SERVICES Meise | €628,926 | €53,226 | 32.6% | - |
| SEA-PLAN Damme | €600,835 | €52,332 | 25.6% | - |
| Lexcom Uccle | €620,838 | €54,432 | 7.9% | - |
| HELTI ADVIES Lint | €531,028 | €50,139 | 93.6% | - |
| HYBRID.BE Edegem | €674,283 | €46,448 | 8.8% | - |
These companies have the same main activity as ZDEV: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €531,000 and €674,000, founded between 2009 and 2014.
ZDEV files the micro format. That format states no turnover. The gross margin rose from €46,225 in 2012 to €52,578 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €90,000 and €130,000.
Higher than 32% of 21,206 companies in 2025.
Higher than 8% of 20,569 companies in 2025.
Higher than 23% of 20,744 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
612,250 | 268,254 | 241,730 | 280,673 | 251,978 | 297,871 | 266,721 | 250,103 | 242,925 | 258,449 | 224,727 | 204,033 | 185,260 | 63,375 | |
21/28 |
541,300 | 89,718 | 94,812 | 102,404 | 114,342 | 123,400 | 136,616 | 128,599 | 132,684 | 151,935 | 143,666 | 133,989 | 141,708 | 12,340 | |
22/27 |
541,150 | 89,568 | 94,662 | 102,254 | 114,192 | 123,250 | 136,466 | 128,449 | 132,684 | 151,935 | 143,666 | 133,989 | 141,708 | 12,340 | |
22 |
531,382 | 86,912 | 92,642 | 98,372 | 104,102 | 109,833 | 115,563 | 121,293 | 117,616 | 122,405 | 127,195 | 131,984 | 134,504 | - | |
23 |
431 | 679 | 499 | 3,882 | 7,259 | 7,757 | 9,536 | 1,404 | 1,404 | 495 | 559 | 1,561 | 1,433 | 1,242 | |
24 |
9,337 | 1,977 | 1,521 | - | 2,831 | 5,661 | 11,368 | 5,752 | 13,664 | 29,034 | 15,912 | 444 | 5,771 | 11,098 | |
28 |
150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | - | - | - | - | - | - | |
29/58 |
70,949 | 178,535 | 146,918 | 178,269 | 137,636 | 174,470 | 130,104 | 121,504 | 110,240 | 106,514 | 81,061 | 70,043 | 43,552 | 51,035 | |
29 |
- | 59,620 | 59,620 | 58,000 | 23,000 | 71,000 | 45,000 | 47,476 | 44,366 | 30,721 | - | - | - | - | |
291 |
- | 59,620 | 59,620 | 58,000 | 23,000 | 71,000 | 45,000 | 47,476 | 44,366 | 30,721 | - | - | - | - | |
40/41 |
15,754 | 81,202 | 61,032 | 14,204 | 31,460 | 17,604 | 36,610 | 43,199 | 46,932 | 37,682 | 62,408 | 32,239 | 36,949 | 22,190 | |
40 |
15,754 | 28,459 | 25,410 | 12,584 | 31,460 | 15,246 | 27,443 | 32,041 | 29,621 | 27,007 | 60,887 | 32,234 | 36,949 | 21,412 | |
41 |
- | 52,742 | 35,622 | 1,620 | - | 2,358 | 9,167 | 11,159 | 17,311 | 10,675 | 1,521 | 5 | - | 778 | |
54/58 |
55,195 | 37,714 | 26,266 | 106,065 | 83,176 | 85,202 | 48,495 | 30,829 | 18,942 | 38,110 | 18,652 | 37,804 | 6,604 | 28,845 | |
490/1 |
- | - | - | - | - | 665 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
612,250 | 268,254 | 241,730 | 280,673 | 251,978 | 297,871 | 266,721 | 250,103 | 242,925 | 258,449 | 224,727 | 204,033 | 185,260 | 63,375 | |
10/15 |
230,553 | 208,943 | 178,541 | 195,281 | 157,628 | 191,982 | 163,124 | 130,910 | 104,483 | 92,689 | 85,895 | 59,208 | 38,299 | 33,247 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
224,353 | 202,743 | 172,341 | 189,081 | 151,428 | 185,782 | 156,924 | 124,710 | 98,283 | 86,489 | 79,695 | 53,008 | 27,300 | 1,352 | |
130/1 |
- | 1,605 | 1,605 | 1,605 | 1,605 | 1,605 | - | - | - | - | - | 20,654 | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,605 | 1,352 | |
1311 |
- | 1,605 | 1,605 | 1,605 | 1,605 | 1,605 | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | - | - | - | - | 20,654 | - | - | |
133 |
224,353 | 201,138 | 170,736 | 187,476 | 149,823 | 184,177 | 155,064 | 122,850 | 96,423 | 84,629 | 77,835 | 30,494 | 25,695 | - | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | 4,799 | 25,695 | |
17/49 |
381,697 | 59,310 | 63,189 | 85,392 | 94,350 | 105,889 | 103,596 | 119,193 | 138,442 | 165,760 | 138,832 | 144,825 | 146,962 | 30,128 | |
17 |
267,220 | 31,253 | 41,097 | 50,668 | 59,973 | 69,020 | 80,075 | 91,975 | 98,049 | 119,153 | 109,027 | 116,103 | 122,913 | - | |
170/4 |
267,220 | 31,253 | 41,097 | 50,668 | 59,973 | 69,020 | 80,075 | 91,975 | 98,049 | 119,153 | 109,027 | 116,103 | 122,913 | - | |
42/48 |
114,477 | 28,058 | 22,092 | 34,724 | 34,377 | 36,869 | 23,522 | 27,218 | 40,393 | 44,606 | 29,805 | 28,326 | 24,049 | 27,679 | |
42 |
13,643 | 12,900 | 12,625 | 12,331 | 12,073 | 14,080 | 14,923 | 19,542 | 25,452 | 25,149 | 8,594 | 10,387 | 7,087 | 8,714 | |
43 |
- | - | 462 | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
- | - | 462 | - | - | - | - | - | - | - | - | - | - | - | |
44 |
4,240 | 5,182 | 2,883 | 3,045 | 2,254 | 7,022 | 4,108 | 2,449 | 7,306 | 2,225 | 3,592 | 10,190 | 4,670 | 2,898 | |
440/4 |
4,240 | 5,182 | 2,883 | 3,045 | 2,254 | 7,022 | 4,108 | 2,449 | 7,306 | 2,225 | 3,592 | 10,190 | 4,670 | 2,898 | |
45 |
11,959 | 9,975 | 6,122 | 19,055 | 19,829 | 15,306 | 4,476 | 5,227 | 7,345 | 17,191 | 17,619 | 4,874 | 7,074 | 16,068 | |
450/3 |
11,959 | 9,975 | 6,122 | 19,055 | 19,829 | 15,306 | 4,476 | 3,227 | 7,345 | 15,021 | 17,461 | 4,587 | 7,074 | 14,436 | |
454/9 |
- | - | - | - | - | - | - | 2,000 | - | 2,171 | 158 | 287 | - | 1,631 | |
47/48 |
84,635 | - | - | 293 | 221 | 461 | 14 | - | 291 | 41 | - | 2,874 | 5,217 | - | |
492/3 |
- | - | - | - | - | - | - | - | - | 2,001 | - | 396 | - | 2,449 | |
| Income statement | |||||||||||||||
76A |
- | 7,000 | 2,273 | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
52,578 | 50,703 | 16,358 | 72,225 | 80,124 | 56,930 | 65,777 | 69,606 | 47,410 | 35,310 | 70,414 | 54,492 | 34,691 | 46,225 | |
630 |
86,386 | 6,762 | 9,391 | 11,938 | 11,450 | 14,414 | 14,709 | 23,509 | 20,986 | 20,966 | 14,057 | 11,665 | 24,920 | 5,430 | |
640/8 |
4,669 | 2,257 | 2,967 | 4,873 | 4,106 | 1,189 | 2,653 | 4,514 | 2,253 | 2,589 | 2,877 | 2,176 | 1,674 | 1,253 | |
9901 |
-38,477 | 41,684 | 4,000 | 55,414 | 64,568 | 41,327 | 48,415 | 41,583 | 24,171 | 11,755 | 53,481 | 40,651 | 8,097 | 39,542 | |
75/76B |
83,735 | 4,763 | 3,289 | 1,620 | 16 | 2,380 | 1,897 | 1,872 | 977 | 4,980 | 24 | 19 | 162 | 38 | |
75 |
208 | 4,763 | 3,289 | 1,620 | 16 | 2,380 | 1,897 | 1,872 | 977 | 660 | 24 | 19 | 162 | 38 | |
76B |
83,527 | - | - | - | - | - | - | - | - | 4,320 | - | - | - | - | |
65/66B |
13,686 | 4,056 | 3,104 | 2,209 | 2,702 | 3,163 | 4,618 | 4,934 | 4,720 | 4,967 | 5,175 | 6,469 | 317 | 220 | |
65 |
13,686 | 4,056 | 3,104 | 2,209 | 2,702 | 3,163 | 4,618 | 4,934 | 4,720 | 4,967 | 5,175 | 6,469 | 317 | 220 | |
9903 |
31,572 | 42,391 | 4,185 | 54,825 | 61,882 | 40,544 | 45,694 | 38,522 | 20,428 | 11,768 | 48,330 | 34,201 | 7,941 | 39,360 | |
67/77 |
9,962 | 11,989 | 2,337 | 17,173 | 18,147 | 11,686 | 13,479 | 12,095 | 8,634 | 4,974 | 21,643 | 13,292 | 2,890 | 12,313 | |
9904 |
21,609 | 30,402 | 1,848 | 37,653 | 43,736 | 28,858 | 32,215 | 26,427 | 11,794 | 6,794 | 26,687 | 20,909 | 5,051 | 27,047 | |
9905 |
21,609 | 30,402 | 1,848 | 37,653 | 43,736 | 28,858 | 32,215 | 26,427 | 11,794 | 6,794 | 26,687 | 20,909 | 5,051 | 27,047 | |
| Appropriation of the result | |||||||||||||||
9906 |
21,609 | 30,402 | 1,848 | 37,653 | 43,736 | 28,858 | 32,215 | 26,427 | 11,794 | 6,794 | 26,687 | 25,707 | 30,746 | 27,047 | |
791/2 |
- | - | 18,588 | - | 78,090 | - | - | - | - | - | - | - | - | - | |
691/2 |
21,609 | 30,402 | 1,848 | 37,653 | 43,736 | 28,858 | 32,215 | 26,427 | 11,794 | 6,794 | 26,687 | 25,707 | 25,948 | 1,352 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 255 | 253 | 1,352 | |
6921 |
21,609 | 30,402 | 1,848 | 37,653 | 43,736 | 28,858 | 32,215 | 26,427 | 11,794 | 6,794 | 26,687 | 25,452 | 25,695 | - | |
694/7 |
- | - | 18,588 | - | 78,090 | - | - | - | - | - | - | - | - | - | |
694 |
- | - | 18,588 | - | 78,090 | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 14-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 14-06-2026 | 2026-00160882 | |
| 31-12-2024 | micro format | 27-05-2025 | 2025-00114575 | |
| 31-12-2023 | micro format | 06-05-2024 | 2024-00084575 | |
| 31-12-2022 | micro format | 08-05-2023 | 2023-00083751 | |
| 31-12-2021 | micro format | 13-05-2022 | 2022-20030423 | |
| 31-12-2020 | micro format | 03-05-2021 | 2021-13200521 | |
| 31-12-2019 | micro format | 14-05-2020 | 2020-12400305 | |
| 31-12-2018 | micro format | 29-05-2019 | 2019-15800485 | |
| 31-12-2017 | micro format | 13-06-2018 | 2018-18600217 | |
| 31-12-2016 | micro format | 14-05-2018 | 2018-12800221 | |
| 31-12-2015 | abbreviated format | 09-05-2016 | 2016-12100037 | |
| 31-12-2014 | abbreviated format | 28-05-2015 | 2015-13900453 | |
| 31-12-2013 | abbreviated format | 08-08-2014 | 2014-42400152 | |
| 31-12-2012 | abbreviated format | 23-05-2013 | 2013-13200395 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47,909 | 48,446 | 13,391 | 67,352 | 76,018 | 55,741 | 63,124 | 65,092 | 45,157 | 32,721 | 67,538 | 52,316 | 33,017 | 44,972 | ||
| 107,996 | 37,164 | 11,240 | 49,591 | 55,185 | 43,272 | 46,923 | 49,936 | 32,780 | 27,761 | 40,744 | 32,574 | 29,971 | 32,477 | ||
| 624,881 | 1,668 | 1,799 | 0 | 2,391 | 1,198 | 22,726 | 19,424 | 1,735 | 44,337 | 23,733 | 3,947 | 154,288 | 17,770 | ||
| 17,481 | 11,448 | -79,799 | 22,889 | -2,026 | 36,707 | 17,666 | 11,887 | -19,168 | 19,458 | -19,152 | 31,200 | -22,241 | - | ||
| -43,528 | 150,478 | 124,826 | 143,545 | 103,259 | 137,602 | 106,583 | 94,286 | 69,847 | 61,908 | 51,255 | 41,717 | 19,503 | 23,356 | ||
| 37.7% | 77.9% | 73.9% | 69.6% | 62.6% | 64.5% | 61.2% | 52.3% | 43.0% | 35.9% | 38.2% | 29.0% | 20.7% | 52.5% | ||
| 0.62 | 6.36 | 6.65 | 5.13 | 4.00 | 4.73 | 5.53 | 4.46 | 2.73 | 2.39 | 2.72 | 2.47 | 1.81 | 1.84 | ||
| 1.66 | 0.28 | 0.35 | 0.44 | 0.60 | 0.55 | 0.64 | 0.91 | 1.33 | 1.79 | 1.62 | 2.45 | 3.84 | 0.91 | ||
| 9.4% | 14.6% | 1.0% | 19.3% | 27.7% | 15.0% | 19.7% | 20.2% | 11.3% | 7.3% | 31.1% | 35.3% | 13.2% | 81.4% | ||
| 3.5% | 11.3% | 0.8% | 13.4% | 17.4% | 9.7% | 12.1% | 10.6% | 4.9% | 2.6% | 11.9% | 10.2% | 2.7% | 42.7% | ||
| 3.50 | 11.94 | 4.31 | 30.49 | 28.14 | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €624,881 | €1,668 | €1,799 | - | €2,391 |
| €86,386 | €6,762 | €9,391 | €11,938 | €11,450 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €38,477, after a profit of €41,684 in 2024. It is the lowest result since 2012.
Debt's share of the balance-sheet total rises from 22.1% to 62.3%. Equity and debt are higher.
ZDEV has no parent and no holdings in its annual accounts. Hans Diels is the only director. ZDEV shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Molenlei 51 registered office 2530 Boechout 62100 Computer programming | 10-02-2012 | 2.207.234.406 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11004D0417/00A002 | 895 m² | 1 · 196 m² | 12.9 m · 2 |
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