Checked.be
Active
BE 0823.559.692Private limited company
ZEITENWENDE
Krinkelt,Büllinger Strasse 76 ·4761 Büllingen, Belgium· 16 yrs active
Sector: Other activities auxiliary to financial services, excluding insurance and pension funding
(66199)
Conclusion
ZEITENWENDE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €629k and a net result of €-5k. Equity is growing by ~38.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 2351 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €629k |
| Net result | €-5k |
| Better than sector | 95% |
| Active | 16 yrs |
Financial profile
63
/ 100
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
Health
-
Profitability
0
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2010, 16 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview
Annual accounts filed on 30-07-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~38.4%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).
Sector comparison
Fiscal year 2025 · NACE 66, Activities auxiliary to financial services and insurance activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 100.0% | 50.6% | |
| Net result | €-5k | €33k | |
| Equity | €629k | €127k | |
| Gross operating margin | €-7k | €105k | |
| Total assets | €629k | €359k |
€-5k
-
22-25
€629k
-3.3%
22-25
€629k
-0.8%
22-25
€14
-100.0%
22-25
€160
-99.0%
22-25
€160
-99.0%
22-25
100.0%
+2.6%
22-25
-0.8%
-
22-25
-0.8%
-
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | unclassified schema | unclassified schema | unclassified schema |
| Revenue | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a |
| Net profit | €-5k | €370k | €114k | €6k |
| Cash flow | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - |
| Income taxes | €14 | €168k | €47k | - |
| Dividends | - | - | - | - |
| Total assets | €629k | €650k | €298k | €153k |
| Equity | €629k | €634k | €264k | €150k |
| Debt | €160 | €16k | €35k | €3k |
| of which ≤ 1y | €160 | €16k | €35k | €3k |
| of which > 1y | - | - | - | - |
| Working capital | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (micro schema, unclassified schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a |
| Solvency | 100.0% | 97.5% | 88.3% | 97.8% |
| Debt / equity | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a |
| ROA | -0.8% | 56.9% | 38.2% | 4.2% |
| ROE | -0.8% | 58.4% | 43.2% | 4.3% |
| EBITDA margin | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €629k | €650k | €298k | €153k |
| Fixed assets | 21/28 | - | €1k | €3k | €5k |
| Tangible fixed assets | 22/27 | - | €1k | €3k | €5k |
| Current assets | 29/58 | €629k | €649k | €296k | €148k |
| Amounts receivable within one year | 40/41 | €13k | €263k | €4k | €5k |
| Investments | 50/53 | €316k | €156k | €38k | €74k |
| Cash & bank | 54/58 | €298k | €224k | €228k | €45k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €629k | €650k | €298k | €153k |
| Equity | 10/15 | €629k | €634k | €264k | €150k |
| Contributions / capital | 10/11 | €8k | €8k | €8k | €8k |
| Reserves | 13 | €524k | €524k | €154k | €40k |
| Accumulated profits (losses) | 14 | €97k | €102k | €102k | €102k |
| Amounts payable | 17/49 | €160 | €16k | €35k | €3k |
| Amounts payable within one year | 42/48 | €160 | €16k | €35k | €3k |
| Trade debts payable within one year | 44 | €160 | €4k | €3k | €3k |
| Income statement | |||||
| Gross operating margin | 9900 | €-7k | €536k | €162k | €16k |
| Operating result | 9901 | €-10k | €533k | €159k | €6k |
| Financial income | 75 | €5k | €5k | €3k | €184 |
| Financial charges | 65 | €112 | €128 | €1k | €115 |
| Result before taxes | 9903 | €-5k | €538k | €161k | €6k |
| Income taxes | 67/77 | €14 | €168k | €47k | - |
| Net result for the period | 9904 | €-5k | €370k | €114k | €6k |
| Result to be appropriated | 9905 | €-5k | €370k | €114k | €6k |
Legal Structure
| NACE primary | Other activities auxiliary to financial services, excluding insurance and pension funding(66199) |
| Legal form | Private limited company(610) |
| Incorporation | 24-02-2010 |
| Status | Active |
| Postal code | 4761 |
Establishment units
Rocherath,Wahlerscheider Strasse 9, 4761 Büllingen
since 20102.186.734.247
Updates
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-5k ▼101%
Net result drops to €-5k, the lowest in the series.
31-12
Financial
Liquidity times 100current ratio 3926.60
Current ratio from 39.34 to 3926.60; short-term debt falls from €16k to €160.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 61 days late
2024
31-12
Financial
Highest result since 2022net €370k ▲225%
Operating result €533k, net result €370k, both a record.
31-12
Financial
Liquidity times 5current ratio 39.34
Current ratio from 8.48 to 39.34; short-term debt falls from €35k to €16k.
31-12
Financial
Equity above €500kEq €634k ▲140%
3 profitable years in a row build equity to €634k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 30 days late
2023
31-12
Financial
Equity above €200kEq €264k ▲76.2%
2 profitable years in a row build equity to €264k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 31 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 25 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 27 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 25 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Other activities auxiliary to financial services, excluding insurance and pension funding66199
Names & trade names
| Legal nameDE | ZEITENWENDE |
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