Zenbuilt
ActiveZenbuilt has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €40k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 22% of 9088 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency15▲+2
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.04 in 2024), and 96.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.7%
Return on assets
2.3%
Age of the figures
8 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9088 sector peers (2025).
NBB · sector comparisonPosition among 9088 sector peers
Solvency
better than 22%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
21 d early
2021
30 d early
2020
31 d early
2019
97 d late
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€64k▲ 168%
2024 · €24k
2018: €47k
2019: €-8k
2020: €24k
2021: €41k
2022: €40k
2023: €45k
2024: €24k
2018 → 2025
Total assets
€1.72M▼ 14.9%
2024 · €2.02M
2018: €100k
2019: €401k
2020: €2.24M
2021: €2.35M
2022: €2.23M
2023: €832k
2024: €2.02M
2018 → 2025
Net result
€40k
2024 · €-21k
2018: €203
2019: €-66k
2020: €32k
2021: €17k
2022: €-1k
2023: €6k
2024: €-21k
2018 → 2025
Working capital
€79k▼ 0.5%
2024 · €80k
2018: €4k
2019: €-11k
2020: €1.70M
2021: €2.26M
2022: €1.88M
2023: €37k
2024: €80k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€40k▼ 2.8%€45k▲ 11.9%€24k▼ 47.0%€64k▲ 168%
Operating result€23k-€10k▼ 57.6%€25k▲ 156%€-46k€170k
Net result€17k-€-1k€6k€-21k€40k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €170k after a loss of €46k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.72M
Fixed assets
€82k▲ 109%
Current assets
€1.63M▼ 17.3%
Equity and liabilities €1.72M
Equity
€64k▲ 168%
Debt
€1.65M▼ 17.1%
The debt ratio falls from 98.8% to 96.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€181k▲
2024 · €-43k
Cash flow
€51k▲
2024 · €-19k
Solvency
3.7%▲
2024 · 1.2%
Current ratio
1.05▲
2024 · 1.04
Quick ratio
0.60▲
2024 · 0.49
Debt / equity
25.94▼
2024 · 83.90
ROE
62.7%▲
2024 · -88.8%
ROA
2.3%▲
2024 · -1.0%
Interest coverage
1.22▲
2024 · -0.79
Debt
€1.65M▼
2024 · €1.99M
Debt ≤ 1 year
€1.55M▼
2024 · €1.90M
Debt > 1 year
€29k
Income taxes
€7k▲
2024 · €171
Staff costs
€28k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.02M€1.72M▼
Fixed assets21/28€39k€82k▲
Tangible fixed assets22/27€14k€56k▲
Plant, machinery and equipment23€2k€8k▲
Furniture and vehicles24€12k€48k▲
Financial fixed assets28€25k€26k▲
Current assets29/58€1.98M€1.63M▼
Stocks and contracts in progress3€1.05M€705k▼
Stocks30/36€1.05M€705k▼
Amounts receivable within one year40/41€376k€776k▲
Trade receivables40€44k€190k▲
Other amounts receivable41€331k€586k▲
Cash at bank and in hand54/58€511k€108k▼
Deferred charges and accrued income490/1€38k€44k▲
Equity and liabilities
Total equity and liabilities10/49€2.02M€1.72M▼
Equity10/15€24k€64k▲
Contributions10/11€19k€19k=
Reserves13€28k€28k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€-23k€17k▲
Amounts payable17/49€1.99M€1.65M▼
Amounts payable after more than one year17-€29k
Financial debts170/4-€29k
Amounts payable within one year42/48€1.90M€1.55M▼
Current portion of amounts payable after more than one year42-€8k
Financial debts43€654k€362k▼
Credit institutions430/8€654k€362k▼
Trade debts44€65k€160k▲
Suppliers440/4€65k€160k▲
Taxes, remuneration and social security45€22k€55k▲
Taxes450/3€22k€49k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48€1.15M€970k▼
Accrued charges and deferred income492/3€95k€69k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62-€28k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€11k▲
Other operating charges640/8€15k€12k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€-28k€221k▲
Operating profit (loss)9901€-46k€170k▲
Financial income75/76B€79k€25k▼
Recurring financial income75€79k€25k▼
Financial charges65/66B€54k€148k▲
Recurring financial charges65€54k€148k▲
Profit (loss) for the period before taxes9903€-21k€47k▲
Income taxes67/77€171€7k▲
Profit (loss) for the period9904€-21k€40k▲
Profit (loss) for the period to be appropriated9905€-21k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€17k▲
Profit (loss) brought forward from the previous period14P€-2k€-23k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.00.8▲
The notes to these accounts (20 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 10current ratio 44.32
Current ratio from 4.41 to 44.32; short-term debt falls from €499k to €52k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 4.41
Current ratio from 0.97 to 4.41.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 97 days late
2019
31-12
Financial
Weakest financial yearnet €-66k ▼32785%
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1 day late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Oudergem · 2 establishment units 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.
Hertoginnedal 31160 OudergemGround area
745 m²
Building footprint
368 m²
Volume, LiDAR
6,496 m³
2 parcels, Brussels · tallest building 31.1 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
BRUSSELS AT HOME
since 20142.226.064.876
Brussels at Home
since 20162.255.052.832
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0006/00M000 | Brussels | 512 m² | 1 · 226 m² | 14.5 m · 4 fl. |
| 21805E0092/00K000 | Brussels | 234 m² | 1 · 142 m² | 31.1 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
InamImmo
BE 0697.634.787
Wemmel · Eq €64k
DUTAIL
BE 0642.595.702
Gent · Eq €64k
IMMO-DEAL
BE 0832.245.845
Dentergem · Eq €64k
FONKEL
BE 1009.885.509
Antwerpen · Eq €64k
CMK GROUP
BE 0800.168.044
Herstal · Eq €64k
Of 7,288 companies in sector 68110 we hold annual accounts for 5,353. 3,429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2014
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68121Development of residential building projects
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.