ZEIN SERVICES
The computed 12-month bankruptcy probability of ZEIN SERVICES is 8.7% (elevated). The 2025 annual accounts show negative equity (€-11k) and a net result of €-30k. Equity is shrinking by ~89.6% per year across the filed fiscal years. Its solvency ranks better than 13% of 451 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-11k |
| Net result | €-30k |
| Staff (FTE) | 0.8 |
| Better than sector | 13% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -33.7% | 32.3% | |
| Net result | €-30k | €5k | |
| Equity | €-11k | €33k | |
| Gross operating margin | €14k | €35k | |
| Staff costs | €32k | €72k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | €48k | €37k | - |
| EBITDA | €-23k | €6k | €19k |
| Net profit | €-30k | €-3k | €14k |
| Cash flow | €-23k | €2k | €19k |
| Staff costs | €32k | - | - |
| Income taxes | - | €4k | - |
| Dividends | - | - | - |
| Total assets | €34k | €27k | €24k |
| Equity | €-11k | €19k | €22k |
| Debt | €45k | €8k | €2k |
| of which ≤ 1y | €40k | €8k | €2k |
| of which > 1y | €5k | - | - |
| Working capital | €-15k | €7k | €13k |
| Employees (FTE) | 0.8 | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.62 | 1.93 | 7.65 |
| Quick ratio | 0.62 | 1.93 | 7.65 |
| Working capital ratio | -44.9% | 27.8% | 55.5% |
| Solvency | -33.7% | 70.0% | 91.7% |
| Debt / equity | -3.97 | 0.43 | 0.09 |
| Long-term debt ratio | -0.45 | - | - |
| Interest coverage | -99.04 | 69.75 | 235.66 |
| Gross margin | 18.3% | 19.8% | - |
| Net margin | -62.2% | -9.4% | - |
| ROA | -89.1% | -13.0% | 58.6% |
| ROE | 264.8% | -18.6% | 64.0% |
| EBITDA margin | -46.7% | 15.1% | - |
| Days sales outstanding | 132d | 67d | - |
| Days payable outstanding | 25d | 23d | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €34k | €27k | €24k |
| Fixed assets | 21/28 | €9k | €11k | €9k |
| Tangible fixed assets | 22/27 | €9k | €11k | €9k |
| Current assets | 29/58 | €25k | €15k | €15k |
| Amounts receivable within one year | 40/41 | €17k | €9k | €15k |
| Cash & bank | 54/58 | €7k | €6k | €245 |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €34k | €27k | €24k |
| Equity | 10/15 | €-11k | €19k | €22k |
| Contributions / capital | 10/11 | €8k | €8k | €8k |
| Accumulated profits (losses) | 14 | €-19k | €11k | €14k |
| Amounts payable | 17/49 | €45k | €8k | €2k |
| Amounts payable after one year | 17 | €5k | - | - |
| Amounts payable within one year | 42/48 | €40k | €8k | €2k |
| Trade debts payable within one year | 44 | €3k | €2k | €1k |
| Income statement | ||||
| Turnover | 70 | €48k | €37k | - |
| Gross operating margin | 9900 | €14k | €8k | €19k |
| Operating result | 9901 | €-30k | €344 | €14k |
| Financial income | 75 | - | - | €5 |
| Financial charges | 65 | €228 | €80 | €79 |
| Result before taxes | 9903 | €-30k | €263 | €14k |
| Income taxes | 67/77 | - | €4k | - |
| Net result for the period | 9904 | €-30k | €-3k | €14k |
| Result to be appropriated | 9905 | €-30k | €-3k | €14k |
-
Kanda Muya Henry KelendeDirectorState Gazette act 25075668 (17-06-2025)Current05-06-2025 → present
Former directors (3)
-
MUCHEIK SARADirectorState Gazette act 24155920 (30-10-2024)Former01-10-2024 → 05-06-2025
2 events
- 05-06-2025 Resigned· Director
- 01-10-2024 Appointed· Director
-
JAAFAR CHAWKIDirectorState Gazette act 24148581 (16-10-2024)Former- → 16-10-2024
-
CHOGHARI HASSANDirectorState Gazette act 24155920 (30-10-2024)Former- → 01-10-2024
| NACE primary | Other postal and courier activities(53200) |
| Legal form | Private limited company(610) |
| Incorporation | 21-10-2022 |
| Status | Active |
| Postal code | 1830 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0267/00K002 | Brussels | 160 m² | 1 · 87 m² | 14.3 m · 4 fl. |
| 23047A0536/00T003 | Flanders | 105 m² | 1 · 99 m² | 10.9 m · 3 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-06-2025 All shares are now held by a single shareholder
Technical details
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}30-10-2024 1 director appointed, 1 resigning
- MUCHEIK SARA, Bestuurder
- CHOGHARI HASSAN, Bestuurder
Technical details
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}16-10-2024 All shares are now held by a single shareholder
Technical details
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}01-03-2024 Registered office moved from DILBEEK to Sint-Jans-Molenbeek
- OUDESMIDSESTRAAT 20, 1700 DILBEEK → 161 Bus 2 Osseghemstraat - 1080 Sint-Jans-Molenbeek
Technical details
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"Bijlagen bij het Belgisch Staatsblad",
"anexes du Moniteur belge"
]
}| Legal nameNL | ZEIN SERVICES |