Result
€154,996 ▲ 296%
The result rose in 2025 from €39,155 to €154,996.
ZEN SOLUTIONS
Lifetime
2 annual accounts with figures on one time axispeak €169,208 (2025)
€169,208▲ 315%
peak €154,996 (2025)
€154,996▲ 296%
peak €197,150 (2025)
€197,150▲ 368%
€22,046▲ 65.1%
Board1 name since 2024
1 directorEL MAZGHARI Abdelwahid
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €40,780 to €169,208Result from €39,155 to €154,996Equity from €42,155 to €197,150Debts from €13,353 to €22,046Cash from €9,477 to €160,677
Key points
from the 2025 annual accountsTurnover
≈ €240,000 estimated
The micro format states no turnover.
Liquidity
8.94 was 1.66 in 2024
Short-term debts rose from €13,353 to €22,046.
Starting capital
€3,000 100 shares
At the same address
328 companies
Position in the sector
€154,996
Higher net result than 95% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.
2025 accounts filed 31 days after the deadline
Checked score
99
Excellent
Financially stronger than 89% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 0.1%
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 8.94, cash €160,677
Equity €197,150 (89.9% of total assets)
Size: total assets €219,196
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 92% on liquidity, 82% on profitability and 97% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as ZEN SOLUTIONS has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ZEN SOLUTIONS itself is lower: < 0.1% within 12 months. It rests on far more data about ZEN SOLUTIONS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for ZEN SOLUTIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €19,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 8.94 (1.66 in 2024), above the usual 1.5. Short-term debt is 10.1% and cash 73.3% of total assets. 10.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
31 days late
2024
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 31 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1012114628
Incorporation
Founding capital of €3,000, 100 shares · Founder: EL MAZGHARI Abdelwahid (comparant) · Appointment: EL MAZGHARI Abdelwahid (director) · published on 05-08-2024 · Gazette deed
First establishment
Giervalkenlaan 10, Watermael-Boitsfort
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ZEN SOLUTIONS Watermael-Boitsfort | €219,196 | €169,208 | 89.9% | - |
| JLE-O Berchem-Sainte-Agathe | €210,497 | €200,459 | 72.1% | - |
| Obsiden Somme-Leuze | €234,279 | €167,702 | 51.0% | - |
| Wise Guest Ghent | €238,259 | €155,032 | 66.1% | - |
| Three Cascades Consulting Rixensart | €223,355 | €196,764 | 68.5% | - |
| NETLINK STAR Kraainem | €189,811 | €155,052 | 61.4% | - |
| BTY-CONSULTINGS Pajottegem | €223,690 | €142,605 | 48.7% | - |
These companies have the same main activity as ZEN SOLUTIONS: computer programming (NACE 62100). They are comparable in size and age: total assets between €190,000 and €238,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 01-08-2024Normal situation
- Registered office
- 330 active companies are registered at this address70 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Computer programmingNACE 62100and 2 others
- Establishment unit
- 2.362.143.5051170 Watermael-Boitsfort, since 01-08-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Insights on ZEN SOLUTIONS
ZEN SOLUTIONS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197,150 and a net result of €154,996.
Its solvency ranks better than 88% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ZEN SOLUTIONS
- What is the company number of ZEN SOLUTIONS?
- The company number of ZEN SOLUTIONS is 1012.114.628. The VAT number is the same number with BE in front: BE 1012.114.628.
- Where is ZEN SOLUTIONS based?
- The registered office is at Giervalkenlaan 10, 1170 Watermael-Boitsfort.Company details
- What does ZEN SOLUTIONS do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of ZEN SOLUTIONS?
- ZEN SOLUTIONS is a private limited company (BV).
- When was ZEN SOLUTIONS founded?
- ZEN SOLUTIONS was founded on 01-08-2024.
- Is ZEN SOLUTIONS still active?
- Yes, ZEN SOLUTIONS is an active enterprise in the KBO register.
- What is the turnover of ZEN SOLUTIONS?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €169,208 and 32 comparable companies (NACE 62100). It probably lies between €210,000 and €350,000.Financials
- Is ZEN SOLUTIONS profitable?
- In financial year 2025, ZEN SOLUTIONS made a profit of €154,996.
- Where can I find the annual accounts of ZEN SOLUTIONS?
- ZEN SOLUTIONS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ZEN SOLUTIONS due?
- ZEN SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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