ZeDreno
ActiveZeDreno has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €443k and a net result of €217k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 25% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+4
Solvency49▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.31 in 2024; short-term debt: 58.4% and cash: 53.9% of total assets), and 76.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
23.8%
Return on assets
11.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 7692 sector peers (2025).
NBB · sector comparisonPosition among 7692 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
28 d early
2023
36 d early
2022
19 d early
2021
3 d early
2020
12 d early
2019
32 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€443k▲ 35.8%
2024 · €326k
2018: €50k
2019: €57k
2020: €98k
2021: €102k
2022: €130k
2023: €197k
2024: €326k
2018 → 2025
Total assets
€1.86M▲ 15.4%
2024 · €1.62M
2018: €118k
2019: €170k
2020: €717k
2021: €739k
2022: €902k
2023: €1.57M
2024: €1.62M
2018 → 2025
Net result
€217k▲ 68.0%
2024 · €129k
2018: €21k
2019: €7k
2020: €41k
2021: €32k
2022: €64k
2023: €90k
2024: €129k
2018 → 2025
Working capital
€497k▲ 58.9%
2024 · €313k
2018: €61k
2019: €45k
2020: €141k
2021: €203k
2022: €95k
2023: €319k
2024: €313k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€130k▲ 28.2%€197k▲ 51.4%€326k▲ 65.4%€443k▲ 35.8%
Operating result€-5k-€87k€146k▲ 67.0%€197k▲ 35.0%€310k▲ 57.3%
Net result€32k-€64k▲ 98.0%€90k▲ 41.5%€129k▲ 42.7%€217k▲ 68.0%
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 has risen four years in a row; 2025 is 57% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.86M
Fixed assets
€279k▼ 2.7%
Current assets
€1.58M▲ 19.3%
Equity and liabilities €1.86M
Equity
€443k▲ 35.8%
Debt
€1.42M▲ 10.2%
The debt ratio falls from 79.8% to 76.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€364k▲
2024 · €252k
Cash flow
€271k▲
2024 · €184k
Solvency
23.8%▲
2024 · 20.2%
Current ratio
1.46▲
2024 · 1.31
Quick ratio
1.46▲
2024 · 1.31
Debt / equity
3.20▼
2024 · 3.95
ROE
48.9%▲
2024 · 39.6%
ROA
11.6%▲
2024 · 8.0%
Interest coverage
76.93▲
2024 · 24.49
Debt
€1.42M▲
2024 · €1.29M
Debt ≤ 1 year
€1.09M▲
2024 · €1.02M
Debt > 1 year
€113k▼
2024 · €153k
Income taxes
€90k▲
2024 · €67k
Staff costs
€1.19M▲
2024 · €1.19M
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€1.62M€1.86M▲
Fixed assets21/28€287k€279k▼
Tangible fixed assets22/27€257k€204k▼
Land and buildings22€172k€163k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€81k€40k▼
Financial fixed assets28€30k€75k▲
Current assets29/58€1.33M€1.58M▲
Amounts receivable within one year40/41€353k€578k▲
Trade receivables40€304k€547k▲
Other amounts receivable41€49k€31k▼
Cash at bank and in hand54/58€929k€1.00M▲
Deferred charges and accrued income490/1€47k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.62M€1.86M▲
Equity10/15€326k€443k▲
Contributions10/11€19k€19k=
Reserves13€308k€425k▲
Distributable reserves133€308k€425k▲
Amounts payable17/49€1.29M€1.42M▲
Amounts payable after more than one year17€153k€113k▼
Financial debts170/4€153k€113k▼
Amounts payable within one year42/48€1.02M€1.09M▲
Current portion of amounts payable after more than one year42€57k€40k▼
Trade debts44€845k€918k▲
Suppliers440/4€845k€918k▲
Taxes, remuneration and social security45€99k€110k▲
Taxes450/3€18k€51k▲
Remuneration and social security454/9€81k€59k▼
Other amounts payable47/48€15k€20k▲
Accrued charges and deferred income492/3€120k€220k▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€1.19M€1.19M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€54k▼
Other operating charges640/8€16k€16k▼
Gross operating margin9900€1.46M€1.57M▲
Operating profit (loss)9901€197k€310k▲
Financial income75/76B€9k€2k▼
Recurring financial income75€9k€2k▼
Financial charges65/66B€10k€5k▼
Recurring financial charges65€10k€5k▼
Non-recurring financial charges66B-€173
Profit (loss) for the period before taxes9903€196k€307k▲
Income taxes67/77€67k€90k▲
Profit (loss) for the period9904€129k€217k▲
Profit (loss) for the period to be appropriated9905€129k€217k▲
Appropriation of the result
Profit (loss) to be appropriated9906€129k€217k▲
Transfer to equity691/2€129k€117k▼
To other reserves6921€129k€117k▼
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
Social balance
Average headcount (FTE)908716.0-
The notes to these accounts (12 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €217k ▲68%
Operating result €310k, net result €217k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €326k ▲65.4%
7 profitable years in a row build equity to €326k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €197k ▲51.4%
6 profitable years in a row build equity to €197k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €102k ▲3.5%
4 profitable years in a row build equity to €102k.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €7k ▼66.6%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wijnegem · 1 establishment unit since 2016
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.
Turnhoutsebaan 2782110 WijnegemGround area
595 m²
Building footprint
268 m²
Volume, LiDAR
1,918 m³
Parcel 11050A0411/00F002, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Climasol
since 20162.258.814.452
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0411/00F002 | Flanders | 595 m² | 1 · 268 m² | 12.1 m · 3 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.
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 9,678 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43221Plumbing work
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.