ZDH

Active

Private limited companyfounded 20179 yrs activeKolonel Begaultlaan 3, 3012 Leuven, BelgiumKBO/BCE: BE 0680.429.066

ZDH has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €73k and a net result of €38k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 26053 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

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Checked score

Score 2024

57 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability56▼-12

Solvency39▼-29

Growth77▲+1

Track record100

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days only on tighter terms

Liquidity tight (current ratio 1.16 against 1.76 in 2023; short-term debt: 86% and cash: 63.8% of total assets), and 86% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

14%

Return on assets

7.4%

Age of the figures

21 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 7 filings

Deviation from the deadline

2025

not confirmed

2024

110 d late

2023

72 d late

2022

71 d late

2021

25 d late

2020

24 d late

2019

115 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€2.96M▲ 20.6%

2023 · €2.45M

2018: €1.42M 2019: €1.47M 2020: €1.86M 2023: €2.45M

2018 → 2024

EBIT margin

1.3%▼ 3.1pp

2023 · 4.4%

2018: 2.3% 2019: 0.9% 2020: 1.7% 2023: 4.4%

2018 → 2024

Net result

€38k▼ 40.5%

2023 · €65k

2018: €25k 2019: €6k 2020: €24k 2021: €65k 2022: €29k 2023: €65k

2018 → 2024

Working capital

€73k▼ 70.7%

2023 · €250k

2018: €149k 2019: €-10k 2020: €38k 2021: €153k 2022: €182k 2023: €250k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€1.86M-€2.45M€2.96M▲ 20.6%

Equity€74k-€154k▲ 108%€182k▲ 18.5%€247k▲ 35.5%€73k▼ 70.3%

Operating result€31k-€68k▲ 118%€29k▼ 57.6%€108k▲ 277%€40k▼ 63.4%

Net result€24k-€65k▲ 165%€29k▼ 56.1%€65k▲ 127%€38k▼ 40.5%

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 63% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €523k

14.0%

86.0%

Equity €73k▼ 70.3%

Debt €449k▲ 35.6%

The debt ratio rises from 57.3% to 86.0%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

Solvency

14.0%▼

2023 · 42.7%

Current ratio

1.16▼

2023 · 1.76

Quick ratio

1.03▲

2023 · 0.86

Debt / equity

6.13▲

2023 · 1.34

ROE

52.5%▲

2023 · 26.2%

ROA

7.4%▼

2023 · 11.2%

Debt

€449k▲

2023 · €331k

Debt ≤ 1 year

€449k▲

2023 · €328k

Staff costs

€124k▲

2023 · €112k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€578k€523k▼

Current assets29/58€578k€523k▼

Stocks and contracts in progress3€295k€59k▼

Stocks30/36€295k€59k▼

Amounts receivable within one year40/41€5k€130k▲

Trade receivables40-€124k

Other amounts receivable41€5k€6k▲

Cash at bank and in hand54/58€279k€334k▲

Equity and liabilities

Total equity and liabilities10/49€578k€523k▼

Equity10/15€247k€73k▼

Contributions10/11€34k€34k=

Reserves13€1k€1k=

Non-distributable reserves130/1€1k€1k=

Reserves not available under the articles1311€1k€1k=

Profit (loss) carried forward14€212k€38k▼

Amounts payable17/49€331k€449k▲

Amounts payable after more than one year17€3k-

Financial debts170/4€3k-

Amounts payable within one year42/48€328k€449k▲

Current portion of amounts payable after more than one year42-€2k

Trade debts44€18k€217k▲

Suppliers440/4€18k€217k▲

Advances received on contracts in progress46-€28k

Taxes, remuneration and social security45€205k€196k▼

Taxes450/3€142k€125k▼

Remuneration and social security454/9€63k€71k▲

Other amounts payable47/48€106k€5k▼

Income statement Code20232024

Turnover70€2.45M€2.96M▲

Goods, raw materials, services and sundry goods60/61€2.23M€2.79M▲

Remuneration, social security and pensions62€112k€124k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k-

Other operating charges640/8€247€11k▲

Gross operating margin9900€228k€174k▼

Operating profit (loss)9901€108k€40k▼

Financial income75/76B€6-

Recurring financial income75€6-

Financial charges65/66B€4k€1k▼

Recurring financial charges65€4k€1k▼

Profit (loss) for the period before taxes9903€104k€38k▼

Income taxes67/77€40k-

Profit (loss) for the period9904€65k€38k▼

Profit (loss) for the period to be appropriated9905€65k€38k▼

Appropriation of the result

Profit (loss) to be appropriated9906€212k€251k▲

Profit (loss) brought forward from the previous period14P€147k€212k▲

Profit to be distributed694/7-€212k

Return on contributions (dividend)694-€212k

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 4Filings 7

2025

18-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 110 days late

2024

11-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 72 days late

2023

31-12

Financial Equity above €200kEq €247k ▲35.5%

6 profitable years in a row build equity to €247k.

10-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 71 days late

2022

25-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 25 days late

2021

31-12

Financial Highest result since 2018net €65k ▲165%

Net result €65k, the highest in the series.

31-12

Financial Equity above €150kEq €154k ▲108%

4 profitable years in a row build equity to €154k.

24-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 24 days late

2020

23-11

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 115 days late

2019

31-12

Financial Weakest financial yearnet €6k ▼76.5%

Net result drops to €6k, the lowest in the series; recovery starts the following year.

04-11

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 96 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Leuven · 1 establishment unit since 2017

establishment The establishment unit on the map

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.

Kolonel Begaultlaan 33012 Leuven

Ground area

5,660 m²

Building footprint

2,045 m²

Volume, LiDAR

12,178 m³

Parcel 24126D0179/00E002, Flanders · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

ZDH

Kolonel Begaultlaan 3, 3012 LeuvenRetail trade

since 20172.269.213.644

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24126D0179/00E002	Flanders	5,660 m²	1 · 2,045 m²	12.8 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Leuven2.269.213.644

2 permissions

Toelating · Detailhandel · since 13-10-2017

Toelating · Vleeswinkel · since 13-10-2017

Similar companies · same sector, comparable size

De Vershoek Poederlee

Sint-Pieters-Woluwe · Eq €74k

TRADEX.

BE 0860.579.941

Brussel · Eq €74k

Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,673 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-08-2017

Fiscal year end31-12

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47112Retail trade

47113Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.