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ZELLIM

Active
Public limited companyfounded 200422 yrs activeLegerlaan 19, 1040 Etterbeek, BelgiumKBO/BCE: BE 0867.287.391
Summary

ZELLIM has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of -€111,359. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 63% of 5663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
ZELLIMActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
€4.0mtotal assets 2025
Equity
€2.2m
Loss
-€111,359
Financial health
86 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Parent
YMFA · 83%
Accounts filed 7 d late0 of 16 deeds read
Why 86- Liquidity: current ratio 0.91, cash €575, halved- Loss of €111,359 (FY 2025)+ Size: total assets €4.0m+ Founded in 2004Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Better than 49% of its sector peers (NACE 68, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 79-3
equity 54.4% of total assets
Liquidity 50-4
short-term debt 7.3% · cash 0.0%
Profitability 44-34
return on assets -2.8%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,964 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%▲ +2.9% vs 11-2024 01-2025: 0.1%▲ +8.6% vs 12-2024 02-2025: 0.1%▲ +7.9% vs 01-2025 03-2025: < 0.1%▼ -56.1% vs 02-2025lowest value 04-2025: < 0.1%● 0.0% vs 03-2025lowest value 05-2025: < 0.1%● 0.0% vs 04-2025lowest value 06-2025: < 0.1%● 0.0% vs 05-2025lowest value 07-2025: < 0.1%● 0.0% vs 06-2025lowest value 08-2025: < 0.1%● 0.0% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%▲ +2.8% vs 11-2025 01-2026: < 0.1%▲ +5.4% vs 12-2025 02-2026: < 0.1%▲ +5.1% vs 01-2026 03-2026: < 0.1%▲ +7.3% vs 02-2026 04-2026: 0.1%▲ +70.5% vs 03-2026 05-2026: 0.1%▲ +84.0% vs 04-2026 06-2026: 0.3%▲ +98.6% vs 05-2026highest value 07-2026: 0.3%● 0.0% vs 06-2026highest value 08-2026: 0.3%● 0.0% vs 07-2026highest value 09-2026: 0.3%● 0.0% vs 08-2026highest value 10-2026: 0.3%● 0.0% vs 09-2026highest value
  • Liquidity: current ratio 0.91, cash €575, halved raises the probability
  • Size: total assets €4.0m lowers the probability for this profile
  • Founded in 2004 lowers the probability for this profile
  • Loss of €111,359 (FY 2025) raises the probability
Credit up to €180,000 at 30 days acceptable
Liquidity short (current ratio 0.91 against 1.95 in 2024; short-term debt: 7.3% and cash: 0% of total assets), and 45.6% of the assets are financed with debt.
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 68, small). Better than this share of them on solvency 71%, liquidity 54%, profitability 44%, growth against the median 28%. 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

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.91, cash €575, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €4.0m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2004
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Loss of €111,359 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-05-2026, 7 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
7 d late
2024
69 d early
2023
35 d early
2022
124 d early
2021
53 d early
2020
3 d late
2019
112 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 55 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 8 March (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close06-10-2026 today30-04-2027 deadline
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. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€111,359
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Caution: From profit to loss in 2025after €290,824 in 2024 -€111,359 View
  • Caution: Among the weakest 16% on net resultsector median €21,410 · 5,669 companies -€111,359 View
  • Controlled by YMFA 83% View

By topic

Financials

Fiscal year
2025
Total assets
€4.0m
Loss
-€111,359
Solvency
54.4%
Total assets▲ 0.3%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 30-04-2027
  1. 07-05-2026Annual accounts filed
  2. 30-09-2025Weakest financial year
  3. 20-02-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
16-09-2004
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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