ZEEMANSBLIK

Active

Private limited company (pre-2019)founded 198045 yrs activeBoomkorstraat 4, 8380 Brugge, BelgiumKBO/BCE: BE 0420.781.050

ZEEMANSBLIK has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €643k and a net result of €165k. Equity is growing by ~4.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).

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Checked score

Score 2024

83 / 100

Excellent

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

Axes · tick = 2023

Profitability50▲+18

Solvency100=

Growth61▲+30

Track record100

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €50k at 30 days acceptable

Liquidity ample (current ratio 93.85 against 4.26 in 2023; short-term debt: 0.6% of total assets), and 0.6% 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

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

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 03

Relative position

BE, all sectors

reference

Sector 03

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

99.4%

Return on assets

25.5%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 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 · 9 filings

Deviation from the deadline

2025

32 d late

2024

29 d late

2023

30 d late

2022

31 d late

2021

30 d late

2020

31 d late

2019

91 d late

← before the deadline after the deadline →

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 months

Position in the running window

17-09-2026 today31-12-2026 close31-07-2027 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, abbreviated schema

Turnover

€2.63M▼ 1.6%

2023 · €2.68M

2018: €2.89M 2019: €2.97M 2020: €2.49M 2021: €2.38M 2022: €2.98M 2023: €2.68M

2018 → 2024

EBIT margin

-10.5%▼ 10.2pp

2023 · -0.2%

2018: 2.1% 2019: 2.2% 2020: 2.5% 2021: -3.1% 2022: 1.3% 2023: -0.2%

2018 → 2024

Net result

€165k

2023 · €-6k

2018: €60k 2019: €65k 2020: €62k 2021: €-73k 2022: €39k 2023: €-6k

2018 → 2024

Working capital

€344k▲ 73.7%

2023 · €198k

2018: €272k 2019: €386k 2020: €106k 2021: €398k 2022: €669k 2023: €198k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€2.49M-€2.38M▼ 4.2%€2.98M▲ 25.2%€2.68M▼ 10.2%€2.63M▼ 1.6%

Equity€285k-€573k▲ 101%€881k▲ 53.8%€478k▼ 45.8%€643k▲ 34.5%

Operating result€62k-€-73k€39k€-6k€-276k▼ 4,222%

Net result€62k-€-73k€39k€-6k€165k

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €276k in 2024 against €6k in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €646k

46.2%

53.8%

Fixed assets €298k▲ 6.7%

Current assets €348k▲ 34.3%

Equity and liabilities €646k

99.4%

Equity €643k▲ 34.5%

Debt €4k▼ 93.9%

The debt ratio falls from 11.3% to 0.6%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-206k▼

2023 · €63k

Cash flow

€235k▲

2023 · €63k

Solvency

99.4%▲

2023 · 88.7%

Current ratio

93.85▲

2023 · 4.26

Quick ratio

93.85▲

2023 · 4.26

Debt / equity

0.01▼

2023 · 0.13

ROE

25.7%▲

2023 · -1.3%

ROA

25.5%▲

2023 · -1.2%

Debt

€4k▼

2023 · €61k

Debt ≤ 1 year

€4k▼

2023 · €61k

Income taxes

€104k

Staff costs

€931k▲

2023 · €740k

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€539k€646k▲

Fixed assets21/28€279k€298k▲

Tangible fixed assets22/27€279k€298k▲

Plant, machinery and equipment23€279k€279k=

Furniture and vehicles24-€2k

Leasing and similar rights25-€17k

Current assets29/58€259k€348k▲

Amounts receivable after more than one year29-€177k

Trade receivables290-€177k

Amounts receivable within one year40/41€184k€171k▼

Trade receivables40€183k€160k▼

Other amounts receivable41€1k€11k▲

Cash at bank and in hand54/58€75k-

Equity and liabilities

Total equity and liabilities10/49€539k€646k▲

Equity10/15€478k€643k▲

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Reserves13€645k€645k=

Non-distributable reserves130/1€6k€6k=

Legal reserve130€6k€6k=

Distributable reserves133€639k€639k=

Profit (loss) carried forward14€-229k€-64k▲

Amounts payable17/49€61k€4k▼

Amounts payable within one year42/48€61k€4k▼

Trade debts44€61k€4k▼

Suppliers440/4€61k€4k▼

Income statement Code20232024

Turnover70€2.68M€2.63M▼

Goods, raw materials, services and sundry goods60/61€1.87M€1.92M▲

Remuneration, social security and pensions62€740k€931k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€70k=

Other operating charges640/8€1k€2k▲

Gross operating margin9900€805k€727k▼

Operating profit (loss)9901€-6k€-276k▼

Financial income75/76B-€545k

Recurring financial income75-€545k

Profit (loss) for the period before taxes9903€-6k€269k▲

Income taxes67/77-€104k

Profit (loss) for the period9904€-6k€165k▲

Profit (loss) for the period to be appropriated9905€-6k€165k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-229k€-64k▲

Profit (loss) brought forward from the previous period14P€-223k€-229k▼

Social balance

Average headcount (FTE)90878.28.2=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 19Financial 9Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

01-09

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 32 days late

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 29 days late

2024

31-12

Financial Back to profitnet €165k

Net result €165k after one loss-making year.

31-12

Financial Liquidity times 22current ratio 93.85

Current ratio from 4.26 to 93.85; short-term debt falls from €61k to €4k.

31-12

Financial Equity above €500kEq €643k ▲34.5%

Equity rises from €478k to €643k.

07-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 30 days late

30-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 30 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 31 days late

2022

31-12

Financial Back to profitnet €39k

Net result €39k after one loss-making year.

31-12

Financial Liquidity times 8current ratio 22.68

Current ratio from 2.99 to 22.68; short-term debt falls from €200k to €31k.

30-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 30 days late

2021

31-12

Financial Weakest financial yearnet €-73k ▼217%

Net result drops to €-73k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity doublescurrent ratio 2.99

Current ratio from 1.31 to 2.99; short-term debt falls from €344k to €200k.

31-12

Financial Equity above €500kEq €573k ▲101%

Equity rises from €285k to €573k.

31-08

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 31 days late

2020

30-10

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 91 days late

2019

31-12

Financial Equity above €500kEq €582k ▲19.9%

2 profitable years in a row build equity to €582k.

30-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 30 days late

2018

31-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 31 days late

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

Directors · office · real estate

Directors

no sitting director, no change since 2016

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-07-2016 Resigned as Manager

Location & real-estate footprint

Registered office, Brugge · 1 establishment unit since 1980

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.

Boomkorstraat 48380 Brugge

Ground area

697 m²

Building footprint

316 m²

Volume, LiDAR