ZEM
ActiveSummary
ZEM has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-18k) and a net result of €-18k. Equity is shrinking by ~36.6% per year across the filed fiscal years. Its solvency ranks better than 6% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-25
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.28 in 2024; short-term debt: 188.5% and cash: 5.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-88.5%
Return on assets
-87.7%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-18k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
106 d early
2023
26 d late
2022
59 d late
2021
17 d early
2020
31 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-18k▼ 10,922%
2024 · €-161
2018: €58k
2019: €43k
2020: €23k
2021: €57k
2022: €34k
2023: €11k
2024: €-161
2018 → 2025
Total assets
€20k▼ 41.9%
2024 · €35k
2018: €169k
2019: €121k
2020: €111k
2021: €89k
2022: €66k
2023: €44k
2024: €35k
2018 → 2025
Net result
€-18k▼ 52.8%
2024 · €-12k
2018: €12k
2019: €-15k
2020: €-20k
2021: €34k
2022: €-22k
2023: €-23k
2024: €-12k
2018 → 2025
Working capital
€-36k▼ 42.4%
2024 · €-25k
2018: €-11k
2019: €-33k
2020: €-54k
2021: €66k
2022: €5k
2023: €-20k
2024: €-25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€34k▼ 39.4%€11k▼ 66.9%€-161€-18k▼ 10,922%
Operating result€35k-€-22k€-23k▼ 4.5%€-11k▲ 51.0%€-17k▼ 53.0%
Net result€34k-€-22k€-23k▼ 3.0%€-12k▲ 49.9%€-18k▼ 52.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €11k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20k
Fixed assets
€18k ▼ 27.8%
Current assets
€2k ▼ 78.5%
Key figures and ratios
EBITDA
€-10k▼
2024 · €-3k
Cash flow
€-11k▼
2024 · €-4k
Solvency
-88.5%▼
2024 · -0.5%
Current ratio
0.05▼
2024 · 0.28
Debt to equity
-2.13
ROA
-87.7%▼
2024 · -33.4%
Interest coverage
-16.18▼
2024 · -8.01
Debt
€38k▲
2024 · €35k
Debt ≤ 1 year
€38k▲
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€35k€20k▼
Fixed assets21/28€25k€18k▼
Tangible fixed assets22/27€25k€18k▼
Plant, machinery and equipment23€29€0▼
Furniture and vehicles24€25k€18k▼
Current assets29/58€10k€2k▼
Amounts receivable within one year40/41€9k€941▼
Trade receivables40€941€941=
Other amounts receivable41€8k-
Cash at bank and in hand54/58-€1k
Deferred charges and accrued income490/1€256-
Equity and liabilities
Total equity and liabilities10/49€35k€20k▼
Equity10/15€-161€-18k▼
Contributions10/11€6k€6k=
Reserves13€51k€51k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€-58k€-75k▼
Amounts payable17/49€35k€38k▲
Amounts payable within one year42/48€35k€38k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€313-
Suppliers440/4€313-
Taxes, remuneration and social security45€128€188▲
Taxes450/3€128€188▲
Other amounts payable47/48€31k€38k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€765€1k▲
Gross operating margin9900€-3k€-9k▼
Operating profit (loss)9901€-11k€-17k▼
Financial income75/76B€17-
Recurring financial income75€17-
Financial charges65/66B€434€620▲
Recurring financial charges65€434€620▲
Profit (loss) for the period before taxes9903€-12k€-18k▼
Profit (loss) for the period9904€-12k€-18k▼
Profit (loss) for the period to be appropriated9905€-12k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-58k€-75k▼
Profit (loss) brought forward from the previous period14P€-46k€-58k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
31-12
Financial
Liquidity times 137current ratio 7.25
Current ratio from 0.05 to 7.25; short-term debt falls from €57k to €11k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 91 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oud-Heverlee · 1 establishment unit since 2014
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.
Vaalbeekstraat 573050 Oud-HeverleeGround area
1,143 m²
Building footprint
156 m²
Volume, LiDAR
826 m³
Parcel 24086A0168/00M000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ZEM
since 20142.231.816.580
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24086A0168/00M000 | Flanders | 1,143 m² | 1 · 156 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SEMANTIC
BE 0763.513.526
Namur · Eq €11,349
SKILLMEDIA
BE 0652.708.941
Antwerpen · Eq €11,356
YOFI
BE 0672.523.665
Gent · Eq €11,360
GA Management
BE 0783.365.466
Bornem · Eq €11,366
PRAVO
BE 0781.462.484
Mol · Eq €11,369
Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 4,778 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.