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ZEIN GROUP ENTERPRISES

Active
Private limited companyfounded 20233 yrs activeTurnhoutsebaan 78, 2140 Antwerpen, BelgiumKBO/BCE: BE 0804.048.044
Summary

The computed 12-month bankruptcy probability of ZEIN GROUP ENTERPRISES is 7.6% (elevated). The 2024 annual accounts show negative equity (-€28,007) and a net result of -€30,007. Its solvency ranks better than 5% of 592 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Travel agency activities
NACE 79110Activities auxiliary to financial services and insurance activities NACE 66129
3 sites
Size
€117,337turnover 2024
Equity
-€28,007
Loss
-€30,007
Financial health
32 Weak Checked score 2024
Bankruptcy chance 12 m
7.6%
Structure
Board
1 member
Accounts filed 295 d late1 of 5 deeds read
Why 32- 1 financial year not filed after the legal deadline; latest accounts 295 days late; 1 of the last 3 late- Figures for FY 2024 (filed 23-05-2026)- Founded in 2023+ Liquidity: current ratio 0.28, cash €10,260Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 14% of its sector peers (NACE 79, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency 0
equity -256.8% of total assets
Liquidity 50
short-term debt 356.8% · cash 94.1%
Profitability 0
return on assets -275.2%
Bankruptcy probability, 12 months
7.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (999 companies)
Last 24 months 11-2024: 2.1%lowest value 12-2024: 2.1%▲ +0.5% vs 11-2024 01-2025: 2.4%▲ +10.5% vs 12-2024 02-2025: 2.6%▲ +10.3% vs 01-2025 03-2025: 2.6%● 0.0% vs 02-2025 04-2025: 2.6%▼ -1.4% vs 03-2025 05-2025: 2.5%▼ -1.1% vs 04-2025 06-2025: 2.8%▲ +8.9% vs 05-2025 07-2025: 2.9%▲ +4.3% vs 06-2025 08-2025: 2.9%▲ +1.1% vs 07-2025 09-2025: 2.9%● 0.0% vs 08-2025 10-2025: 2.9%● 0.0% vs 09-2025 11-2025: 2.9%● 0.0% vs 10-2025 12-2025: 2.9%● 0.0% vs 11-2025 01-2026: 2.9%● 0.0% vs 12-2025 02-2026: 7.5%▲ +159% vs 01-2026 03-2026: 7.5%▼ -1.3% vs 02-2026 04-2026: 7.5%● 0.0% vs 03-2026 05-2026: 7.5%● 0.0% vs 04-2026 06-2026: 4.2%▼ -43.5% vs 05-2026 07-2026: 4.2%▲ +0.8% vs 06-2026 08-2026: 5.0%▲ +17.3% vs 07-2026 09-2026: 5.4%▲ +9.1% vs 08-2026 10-2026: 7.6%▲ +40.1% vs 09-2026highest value
  • 1 financial year not filed after the legal deadline; latest accounts 295 days late; 1 of the last 3 late raises the probability
  • Figures for FY 2024 (filed 23-05-2026) raises the probability
  • Founded in 2023 raises the probability for this profile
  • Liquidity: current ratio 0.28, cash €10,260 lowers the probability
No credit on open account
Liquidity short (current ratio 0.28; short-term debt: 356.8% and cash: 94.1% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 79, micro). Better than this share of them on solvency 4%, liquidity 34%, profitability 6%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 295 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Figures for FY 2024 (filed 23-05-2026)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Founded in 2023
In the bankruptcy model this factor raises the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 0.28, cash €10,260
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · 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 22-05-2026, 295 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 · 1 filing
Deviation from the deadline
2024
295 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 295 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Resignation: Alghaliz Mohammedadli Almutaz (director)Appointment: Christian-Valentin Cusbescu (director) ·…
  2. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€28,007 View
  • Caution: Latest accounts filed lateafter the legal deadline 295 d View
  • Caution: Among the weakest 5% on solvencysector median 39.5% · 592 companies -256.8% View
  • Caution: Board changedlatest change 31-03-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Fiscal year
2024
Turnover
€117,337
Loss
-€30,007
Solvency
-256.8%
Go to Financials

Timeline

Events
2
Since
2026
  1. 16-06-2026Resignation: Alghaliz Mohammedadli Almutaz (director)
  2. 22-05-2026Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
Travel agency activitiesNACE 79110
Founded
17-07-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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