ZENGIN
ActiveThe computed 12-month bankruptcy probability of ZENGIN is 1.8% (moderate). The 2025 annual accounts show negative equity (€-3k) and a net result of €-403k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 10345 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-58
Solvency25▼-25
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.84 against 1.2 in 2024; short-term debt: 84% and cash: 11% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 →
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
-0.3%
Return on assets
-30.1%
Age of the figures
9 mo
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 €-3k
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 · 9 filingsDeviation from the deadline
2025
12 d late
2024
29 d early
2023
14 d early
2022
1 d early
2021
27 d early
2020
12 d early
2019
7 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-3k
2024 · €400k
2018: €12k
2019: €20k
2020: €47k
2021: €56k
2022: €134k
2023: €357k
2024: €400k
2018 → 2025
Total assets
€1.34M▼ 15.1%
2024 · €1.57M
2018: €58k
2019: €102k
2020: €206k
2021: €389k
2022: €928k
2023: €1.44M
2024: €1.57M
2018 → 2025
Net result
€-403k
2024 · €43k
2018: €467
2019: €6k
2020: €27k
2021: €9k
2022: €78k
2023: €215k
2024: €43k
2018 → 2025
Working capital
€-175k
2024 · €214k
2018: €5k
2019: €-8k
2020: €-21k
2021: €-41k
2022: €35k
2023: €265k
2024: €214k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€134k▲ 140%€357k▲ 167%€400k▲ 11.9%€-3k
Operating result€23k-€107k▲ 361%€328k▲ 207%€109k▼ 66.8%€-352k
Net result€9k-€78k▲ 786%€215k▲ 176%€43k▼ 80.2%€-403k
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 turns negative in 2025: a loss of €352k after €109k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.34M
Fixed assets
€389k▲ 22.1%
Current assets
€948k▼ 24.5%
Key figures and ratios
EBITDA
€-259k▼
2024 · €187k
Cash flow
€-310k▼
2024 · €121k
Solvency
-0.3%▼
2024 · 25.4%
Current ratio
0.84▼
2024 · 1.20
Quick ratio
0.19▼
2024 · 0.27
ROA
-30.1%▼
2024 · 2.7%
Interest coverage
-5.10▼
2024 · 4.27
Debt
€1.34M▲
2024 · €1.17M
Debt ≤ 1 year
€1.12M▲
2024 · €1.04M
Debt > 1 year
€169k▲
2024 · €101k
Income taxes
€868▼
2024 · €23k
Staff costs
€258k▲
2024 · €188k
A ratio outside any meaningful range has been withheld (balance sheet total €1.34M, equity €-3k).
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€1.57M€1.34M▼
Fixed assets21/28€319k€389k▲
Intangible fixed assets21€6k€5k▼
Tangible fixed assets22/27€306k€378k▲
Land and buildings22€43k€29k▼
Plant, machinery and equipment23€164k€235k▲
Furniture and vehicles24€65k€24k▼
Other tangible fixed assets26€35k€91k▲
Financial fixed assets28€6k€6k=
Current assets29/58€1.26M€948k▼
Stocks and contracts in progress3€969k€735k▼
Stocks30/36€969k€735k▼
Amounts receivable within one year40/41€228k€64k▼
Trade receivables40€51k€17k▼
Other amounts receivable41€177k€46k▼
Cash at bank and in hand54/58€54k€147k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.57M€1.34M▼
Equity10/15€400k€-3k▼
Contributions10/11€19k€19k=
Reserves13€381k€372k▼
Distributable reserves133€381k€372k▼
Profit (loss) carried forward14-€-394k
Amounts payable17/49€1.17M€1.34M▲
Amounts payable after more than one year17€101k€169k▲
Financial debts170/4€101k€169k▲
Amounts payable within one year42/48€1.04M€1.12M▲
Current portion of amounts payable after more than one year42€73k€101k▲
Financial debts43€25k€0▼
Credit institutions430/8€25k€0▼
Trade debts44€741k€794k▲
Suppliers440/4€741k€794k▲
Advances received on contracts in progress46€200€200=
Taxes, remuneration and social security45€27k€50k▲
Taxes450/3€5k€24k▲
Remuneration and social security454/9€22k€26k▲
Other amounts payable47/48€175k€178k▲
Accrued charges and deferred income492/3€32k€49k▲
Income statement
Code20242025
Remuneration, social security and pensions62€188k€258k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€93k▲
Other operating charges640/8€12k€88k▲
Gross operating margin9900€387k€88k▼
Operating profit (loss)9901€109k€-352k▼
Financial income75/76B€171€219▲
Recurring financial income75€171€219▲
Financial charges65/66B€44k€51k▲
Recurring financial charges65€44k€51k▲
Profit (loss) for the period before taxes9903€65k€-402k▼
Income taxes67/77€23k€868▼
Profit (loss) for the period9904€43k€-403k▼
Profit (loss) for the period to be appropriated9905€43k€-403k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€-403k▼
Transfer from equity791/2-€9k
Transfer to equity691/2€43k€0▼
To other reserves6921€43k€0▼
Social balance
Average headcount (FTE)90876.07.2▲
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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
31-12
Financial
Weakest financial yearnet €-403k ▼1046%
Net result drops to €-403k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €215k ▲176%
Operating result €328k, net result €215k, both a record.
31-12
Financial
Equity above €200kEq €357k ▲167%
6 profitable years in a row build equity to €357k.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100kEq €134k ▲140%
5 profitable years in a row build equity to €134k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Bilzen-Hoeselt · 3 establishment units since 2016
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.
Stationlaan 503740 Bilzen-HoeseltGround area
8,139 m²
Building footprint
3,043 m²
Volume, LiDAR
15,663 m³
3 parcels, Flanders · tallest building 16.1 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
ZENGIN
since 20162.250.281.521
Zengin Slagerij GENK
since 20222.330.146.371
Slagerij Zengin Peer
since 20252.367.860.664
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030F0358/00K002 | Flanders | 5,762 m² | 1 · 1,813 m² | 16.1 m · 2 fl. |
| 71308A0816/00N070 | Flanders | 2,147 m² | 1 · 1,075 m² | - |
| 73006H0878/00S000 | Flanders | 230 m² | 1 · 156 m² | 12.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesBilzen-Hoeselt2.250.281.521
Genk2.330.146.371
Peer2.367.860.664
Similar companies · same sector, comparable size
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BE 0894.272.197
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GEENA
BE 0453.810.045
Gavere · Eq €401k
Maison Badoux
BE 0746.820.519
Andenne · Eq €404k
't Knorretje
BE 0689.702.761
Zwalm · Eq €395k
Brouckaert
BE 0870.557.182
Oostrozebeke · Eq €405k
Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,141 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2016
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.