ZENARGOS
ActiveZENARGOS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €86k and a net result of €26k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 12.29 against 8.28 in 2023; short-term debt: 7.9% and cash: 84.5% of total assets), and 8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
47 d early
2022
39 d early
2021
40 d early
2020
45 d early
2019
6 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€86k▲ 31.4%
2023 · €65k
2019: €31k
2020: €31k
2021: €46k
2022: €46k
2023: €65k
2019 → 2024
Total assets
€93k▲ 26.4%
2023 · €74k
2019: €53k
2020: €46k
2021: €56k
2022: €62k
2023: €74k
2019 → 2024
Net result
€26k▲ 14.8%
2023 · €23k
2019: €11k
2020: €1k
2021: €17k
2022: €7k
2023: €23k
2019 → 2024
Working capital
€83k▲ 34.5%
2023 · €62k
2019: €28k
2020: €28k
2021: €45k
2022: €39k
2023: €62k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€31k-€46k▲ 49.5%€46k=€65k▲ 43.0%€86k▲ 31.4%
Operating result€4k-€26k▲ 618%€11k▼ 58.8%€33k▲ 210%€38k▲ 14.2%
Net result€1k-€17k▲ 1,362%€7k▼ 56.7%€23k▲ 216%€26k▲ 14.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €93k
Fixed assets
€3k▼ 23.2%
Current assets
€91k▲ 28.7%
Equity and liabilities €93k
Equity
€86k▲ 31.4%
Debt
€7k▼ 12.2%
The debt ratio falls from 11.5% to 8.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▲
2023 · €36k
Cash flow
€30k▲
2023 · €26k
Solvency
92.0%▲
2023 · 88.5%
Current ratio
12.29▲
2023 · 8.28
Quick ratio
12.29▲
2023 · 8.28
Debt / equity
0.09▼
2023 · 0.13
ROE
30.6%▼
2023 · 35.0%
ROA
28.1%▼
2023 · 31.0%
Interest coverage
311.95▼
2023 · 314.37
Debt
€7k▼
2023 · €9k
Debt ≤ 1 year
€7k▼
2023 · €9k
Income taxes
€12k▲
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€74k€93k▲
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€3k▼
Furniture and vehicles24€3k€3k▼
Current assets29/58€71k€91k▲
Amounts receivable within one year40/41€10k€11k▲
Trade receivables40€10k€11k▲
Cash at bank and in hand54/58€59k€79k▲
Deferred charges and accrued income490/1€669€985▲
Equity and liabilities
Total equity and liabilities10/49€74k€93k▲
Equity10/15€65k€86k▲
Contributions10/11€19k€19k=
Reserves13€47k€67k▲
Distributable reserves133€47k€67k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€9k€7k▼
Amounts payable within one year42/48€9k€7k▼
Financial debts43€2k€2k=
Credit institutions430/8€2k€2k=
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€1k€719▼
Accrued charges and deferred income492/3-€92
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€510€451▼
Gross operating margin9900€37k€42k▲
Operating profit (loss)9901€33k€38k▲
Financial income75/76B€1€353▲
Recurring financial income75€1€353▲
Financial charges65/66B€115€132▲
Recurring financial charges65€115€132▲
Profit (loss) for the period before taxes9903€33k€38k▲
Income taxes67/77€10k€12k▲
Profit (loss) for the period9904€23k€26k▲
Profit (loss) for the period to be appropriated9905€23k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€26k▲
Transfer from equity791/2€3k€6k▲
Transfer to equity691/2€23k€26k▲
To other reserves6921€23k€26k▲
Profit to be distributed694/7€3k€6k▲
Return on contributions (dividend)694€3k€6k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €26k ▲14.8%
Operating result €38k, net result €26k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 8.28
Current ratio from 3.38 to 8.28; short-term debt falls from €17k to €9k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €1k ▼89.7%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
06-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 41 days late
2017
21-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
2016
05-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Zoutleeuw · 1 establishment unit since 2012
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.
Linterseweg 313440 ZoutleeuwGround area
775 m²
Building footprint
196 m²
Volume, LiDAR
911 m³
Parcel 24017D0185/00V002, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VSON IT Solutions
since 20122.209.798.372
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24017D0185/00V002 | Flanders | 774 m² | 1 · 196 m² | 10.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,167 EUR awarded · 870 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,167 EUR | 870 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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LMS INVEST
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Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 1,459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-06-2012
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
46180Agents specialised in the wholesale of other particular products
62010Computer programming, consultancy and related activities
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.