ZENGROUP
ActiveThe computed 12-month bankruptcy probability of ZENGROUP is 1.5% (moderate). The 2025 annual accounts show equity of €117k and a net result of €19k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 84% of 7760 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+2
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 9.9 against 3.71 in 2024; short-term debt: 7.2% and cash: 30.7% of total assets), and 24.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
75.9%
Return on assets
12.4%
Age of the figures
9 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
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
2 d early
2023
44 d late
2022
26 d early
2021
19 d late
2020
33 d early
2019
1 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€671k▲ 19.3%
2022 · €562k
2018: €228k
2019: €272k
2020: €507k
2021: €487k
2022: €562k
2018 → 2023
EBIT margin
3.3%▲ 0.2pp
2022 · 3.2%
2018: 2.5%
2019: 7.6%
2020: 1.1%
2021: 3.0%
2022: 3.2%
2018 → 2023
Net result
€19k▲ 41.6%
2024 · €13k
2018: €4k
2019: €12k
2020: €1k
2021: €17k
2022: €13k
2023: €16k
2024: €13k
2018 → 2025
Working capital
€99k▲ 15.8%
2024 · €85k
2018: €21k
2019: €31k
2020: €10k
2021: €10k
2022: €31k
2023: €62k
2024: €85k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€487k-€562k▲ 15.3%€671k▲ 19.3%
Equity€55k-€68k▲ 23.8%€84k▲ 24.3%€98k▲ 16.0%€117k▲ 19.5%
Operating result€15k-€18k▲ 22.6%€22k▲ 25.3%€18k▼ 20.4%€28k▲ 56.6%
Net result€17k-€13k▼ 22.4%€16k▲ 26.0%€13k▼ 18.2%€19k▲ 41.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 57% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154k
Fixed assets
€44k▲ 253%
Current assets
€110k▼ 5.9%
Equity and liabilities €154k
Equity
€117k▲ 19.5%
Debt
€37k▲ 17.8%
The debt ratio falls from 24.4% to 24.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▲
2024 · €28k
Cash flow
€28k▲
2024 · €24k
Solvency
75.9%▲
2024 · 75.6%
Current ratio
9.90▲
2024 · 3.71
Quick ratio
9.90▲
2024 · 3.71
Debt / equity
0.32▼
2024 · 0.32
ROE
16.3%▲
2024 · 13.8%
ROA
12.4%▲
2024 · 10.4%
Interest coverage
10.02▼
2024 · 64.56
Debt
€37k▲
2024 · €31k
Debt ≤ 1 year
€11k▼
2024 · €31k
Debt > 1 year
€26k
Income taxes
€5k▲
2024 · €4k
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€129k€154k▲
Fixed assets21/28€12k€44k▲
Tangible fixed assets22/27€7k€39k▲
Plant, machinery and equipment23€2k€747▼
Furniture and vehicles24€6k€38k▲
Financial fixed assets28€5k€5k=
Current assets29/58€117k€110k▼
Amounts receivable within one year40/41€116k€63k▼
Trade receivables40€110k€57k▼
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€147€47k▲
Equity and liabilities
Total equity and liabilities10/49€129k€154k▲
Equity10/15€98k€117k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€90k€109k▲
Amounts payable17/49€31k€37k▲
Amounts payable after more than one year17-€26k
Financial debts170/4-€26k
Amounts payable within one year42/48€31k€11k▼
Current portion of amounts payable after more than one year42€1k€8k▲
Trade debts44€27k€624▼
Suppliers440/4€26k€567▼
Bills of exchange payable441€2k€57▼
Taxes, remuneration and social security45€337€120▼
Taxes450/3€337€120▼
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€30k€38k▲
Operating profit (loss)9901€18k€28k▲
Financial charges65/66B€433€4k▲
Recurring financial charges65€433€4k▲
Profit (loss) for the period before taxes9903€17k€24k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€13k€19k▲
Profit (loss) for the period to be appropriated9905€13k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€90k€109k▲
Profit (loss) brought forward from the previous period14P€76k€90k▲
The notes to these accounts (8 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €19k ▲41.6%
Operating result €28k, net result €19k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 9.90
Current ratio from 3.71 to 9.90; short-term debt falls from €31k to €11k.
31-12
Financial
Equity above €100kEq €117k ▲19.5%
8 profitable years in a row build equity to €117k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 44 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €1k ▼91.6%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
18-07
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
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, Koekelberg · 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.
Louis Mettewielaan 11081 KoekelbergGround area
799 m²
Building footprint
416 m²
Volume, LiDAR
8,108 m³
2 parcels, Brussels · tallest building 25.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
ZENGROUP
since 20142.236.865.728
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21011A0058/00T000 | Brussels | 586 m² | 1 · 242 m² | 21.9 m · 6 fl. |
| 21012A0078/00Z009 | Brussels | 213 m² | 1 · 173 m² | 25.7 m · 8 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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,206 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-2014
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.