ZENIDA
ActiveFrom the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of ZENIDA is 3.9% (moderate). The 2025 annual accounts show negative equity (-€12,787) and a net result of -€47,732. Equity is shrinking by about 3.4% per year across the filed financial years. Its solvency ranks better than 5% of 39,218 sector peers (NACE 70, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 29-08-2008 Normal situation
- Legal form
- Private limited company
- Registered office
- Torfhoeken 10, 2970 Schilde
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.175.775.029 2970 Schilde, since 28-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2025
Who decides
- DSDAVIDDirector · since 01-09-2023 · permanent representative DE SMET David Benoit
How it is doing
- Bankruptcy probabilitywithin 12 months
- 3.9%
- Gross margin
- -€7,112
- Loss
- €47,732
- Equity
- -€12,787
- Total assets
- €33,734
- ▼ 45.3%
- Staff
- 1.3 FTE
- ▲ 30.0%
Why 46raises riskLoss of €47,732 (financial year 2025)Negative equity -€12,7871 change of registered office in 24 monthslowers riskSize: total assets €33,734Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 9% on solvency, 15% on liquidity, 8% on profitability and 6% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 5 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 22-06-2026
- Format
- micro format
- Reference
- 2026-00180807
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €46,803 after €3,089 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 6,907 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.4% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,907 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €18,441 | €73,611 | €62,004 | €2,859 | €33,781 | ▲ 12× |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €201 | €4,040 | €4,720 | €4,792 | €4,444 | €4,268 | ▼ 3.9% |
| Other operating charges640/8 | - | - | - | €862 | €4,221 | €4,712 | €894 | €1,641 | ▲ 83.5% |
| Gross operating margin9900 | €54,122 | -€1,510 | -€10,933 | €42,054 | €102,076 | €54,738 | €11,285 | -€7,112 | - |
| Operating profit (loss)9901 | €54,825 | -€2,157 | -€10,994 | €18,711 | €19,524 | -€16,770 | €3,089 | -€46,803 | - |
| Financial income75/76B | - | - | - | €43 | €290 | €6 | €1 | €19 | ▲ 28× |
| Recurring financial income75 | €240 | €1,198 | €51 | €43 | €290 | €6 | €1 | €19 | ▲ 28× |
| Financial charges65/66B | - | - | - | €888 | €7,431 | €1,148 | €1,823 | €948 | ▼ 48.0% |
| Recurring financial charges65 | €2,571 | €446 | €206 | €888 | €1,542 | €1,148 | €1,823 | €948 | ▼ 48.0% |
| Non-recurring financial charges66B | - | - | - | - | €5,889 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €52,494 | -€1,405 | -€11,149 | €17,866 | €12,383 | -€17,912 | €1,267 | -€47,732 | - |
| Income taxes67/77 | €13,620 | - | €15 | €1,377 | €3,771 | - | - | - | - |
| Profit (loss) for the period9904 | €38,873 | -€1,405 | -€11,164 | €16,489 | €8,612 | -€17,912 | €1,267 | -€47,732 | - |
| Profit (loss) for the period to be appropriated9905 | €38,873 | -€1,405 | -€11,164 | €16,489 | €8,612 | -€17,912 | €1,267 | -€47,732 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €58,184 | €51,819 | €64,688 | €105,808 | €127,076 | €72,169 | €61,719 | €33,734 | ▼ 45.3% |
| Fixed assets21/28 | - | - | €34,563 | €39,854 | €37,654 | €32,862 | €28,419 | €24,150 | ▼ 15.0% |
| Tangible fixed assets22/27 | - | - | €25,863 | €31,154 | €28,954 | €24,162 | €19,719 | €15,450 | ▼ 21.6% |
| Land and buildings22 | - | - | - | €29,671 | €25,994 | €22,316 | €18,639 | €14,875 | ▼ 20.2% |
| Plant, machinery and equipment23 | - | - | - | - | €2,088 | €1,584 | €1,080 | €576 | ▼ 46.7% |
| Furniture and vehicles24 | - | - | - | €1,483 | €873 | €262 | - | - | - |
| Financial fixed assets28 | - | - | €8,700 | €8,700 | €8,700 | €8,700 | €8,700 | €8,700 | = |
| Current assets29/58 | €58,184 | €51,819 | €30,125 | €65,954 | €89,422 | €39,307 | €33,300 | €9,584 | ▼ 71.2% |
| Stocks and contracts in progress3 | - | - | - | €6,383 | €6,809 | €6,550 | €5,599 | €3,239 | ▼ 42.2% |
| Stocks30/36 | - | - | - | €6,383 | €6,809 | €6,550 | €5,599 | €3,239 | ▼ 42.2% |
| Amounts receivable within one year40/41 | €2,210 | €1,383 | €13,489 | €4,681 | €8,731 | €1,276 | €9,945 | €216 | ▼ 97.8% |
| Trade receivables40 | - | - | - | €4,672 | €6,853 | - | €8,667 | €141 | ▼ 98.4% |
| Other amounts receivable41 | - | - | - | €9 | €1,878 | €1,276 | €1,278 | €76 | ▼ 94.1% |
| Current investments50/53 | - | - | - | - | - | €5,000 | - | - | - |
| Cash at bank and in hand54/58 | €55,975 | €50,436 | €16,636 | €54,694 | €70,114 | €25,118 | €17,598 | €4,597 | ▼ 73.9% |
| Deferred charges and accrued income490/1 | - | - | - | €196 | €3,769 | €1,362 | €159 | €1,532 | ▲ 866% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €58,184 | €51,819 | €64,688 | €105,808 | €127,076 | €72,169 | €61,719 | €33,734 | ▼ 45.3% |
| Equity10/15 | €39,058 | €37,653 | €26,489 | €42,979 | €51,591 | €33,678 | €34,945 | -€12,787 | - |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €20,458 | €20,458 | €20,458 | €24,379 | €32,991 | €32,991 | €32,991 | €32,991 | = |
| Distributable reserves133 | - | - | - | €24,379 | €32,991 | €32,991 | €32,991 | €32,991 | = |
| Profit (loss) carried forward14 | - | -€1,405 | -€12,569 | €0 | - | -€17,912 | -€16,645 | -€64,377 | ▼ 287% |
| Amounts payable17/49 | €19,126 | €14,166 | €38,198 | €62,830 | €75,486 | €38,491 | €26,774 | €46,521 | ▲ 73.8% |
| Amounts payable within one year42/48 | €19,126 | €14,166 | €38,198 | €62,830 | €75,486 | €38,491 | €24,859 | €46,521 | ▲ 87.1% |
| Trade debts44 | €3,297 | - | €7,353 | €8,844 | €7,969 | €29,888 | €9,265 | €4,342 | ▼ 53.1% |
| Suppliers440/4 | - | - | - | €8,844 | €7,969 | €29,888 | €9,265 | €4,342 | ▼ 53.1% |
| Advances received on contracts in progress46 | - | - | - | €440 | €583 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €13,024 | €27,432 | €8,603 | €5,593 | €2,968 | ▼ 46.9% |
| Taxes450/3 | - | - | - | €10,132 | €18,212 | €7,857 | €5,593 | €1,121 | ▼ 80.0% |
| Remuneration and social security454/9 | - | - | - | €2,893 | €9,221 | €746 | - | €1,847 | - |
| Other amounts payable47/48 | - | - | - | €40,521 | €39,501 | - | €10,000 | €39,211 | ▲ 292% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €1,915 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,873 | -€1,405 | -€11,164 | €16,489 | €8,612 | -€17,912 | €1,267 | -€47,732 | - |
| + Depreciation and write-downs630 | - | - | €201 | €4,040 | €4,720 | €4,792 | €4,444 | €4,268 | ▼ 3.9% |
| Operating cash flow (approximation) | €38,873 | -€1,405 | -€10,962 | €20,529 | €13,332 | -€13,121 | €5,711 | -€43,464 | - |
| Investment in fixed assets (approximation) | - | - | - | -€9,331 | -€2,520 | €0 | €0 | €0 | - |
| Change in cash | - | -€5,539 | -€33,800 | €38,058 | €15,420 | -€44,996 | -€7,520 | -€13,000 | ▼ 72.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-06-2026 | 2026-00180807 | NBB |
| 31-12-2024 | micro format | 22-06-2025 | 2025-00161480 | |
| 31-12-2023 | micro format | 06-08-2024 | 2024-00329965 | |
| 31-12-2022 | micro format | 27-04-2023 | 2023-00070997 | |
| 31-12-2021 | micro format | 13-09-2022 | 2022-20427973 | |
| 31-12-2020 | micro format | 24-08-2021 | 2021-51700357 | |
| 31-12-2019 | micro format | 02-10-2020 | 2020-58600170 | |
| 31-12-2018 | micro format | 21-08-2019 | 2019-47900440 | |
| 31-12-2017 | micro format | 29-06-2018 | 2018-27400597 | |
| 31-12-2016 | micro format | 24-07-2017 | 2017-35100053 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| DSDAVID |
|
| DE MOOR Nick Jaak Nancy |
|
| Zëno SPIESSENS |
|
| SPIESSENS Zëno Heidi Stefan |
|
| Bram Van Geert |
|
How the board is organised
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder”
Articles of association, deed of 19-01-2024 (in Dutch)
Owners and capital
Owners
1 ownerCapital and shareholders
- DSDAVID BV (BE 0737.749.930) 66.7%
- Nick De Moor 33.3%
- 19-01-2024 Converted to unavailable equity · €18,600
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- 1 more provision in the deed, see the deed of 01-06-2026
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Liquidation distribution: “Goederen in natura zelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding aantal aandelen”deed of 19-01-2024 (in Dutch)
Group and network
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
01-06
Gazette deed
Resignation: Nick DE MOOR (director)Permanent representative: David De Smet · Registered-office move5 facts ▸
- General meeting, 31-03-2026
- Director resignation, Nick DE MOOR (director (not named in the articles))
- Registered-office move, Torfhoeken 10,2970 Schilde
- Permanent representative, David De Smet
- Director in office, DSDAVID BV (director)
18-12
Gazette deed
Resignation: Zëno SPIESSENS (director)Permanent representative: David DE SMET4 facts ▸
- General meeting, 26-08-2024
- Director resignation, Zëno SPIESSENS (director (not named in the articles))
- Director in office, DSDAVID BV (director)
- Permanent representative, David DE SMET
19-01
Gazette deed
Appointments: DSDAVID, DE MOOR Nick Jaak Nancy and SPIESSENS Zëno Heidi StefanPermanent representative: DE SMET David Benoit · Capital conversion · Reserve release16 facts ▸
- General meeting, 12-01-2024
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Name change, Zenida
- Other provision, “mogelijkheid tot uitkering van interimdividenden, voorzien in mogelijkheid” (deed in Dutch)
- Amendment of the articles
- Capital contribution
- Other provision, “nieuwe terminologie WVV sedert 2020-01-01, zaakvoerder door bestuurder van rechtswege” (deed in Dutch)
- Director appointment, DSDAVID (director)
- Director appointment, DE MOOR Nick Jaak Nancy (director)
- Director appointment, SPIESSENS Zëno Heidi Stefan (director)
- +4 further facts in this act
25-10
Gazette deed
Resignation: Bram Van Geert (manager and director)Appointments: DSDAVID BV, Nick De Moor and Zëno Spiessens · Permanent representative: David De Smet · Shareholding9 facts ▸
- General meeting, 06-09-2023
- Director resignation, Bram Van Geert (manager (not named in the articles) and director)
- Director appointment, DSDAVID BV (manager (not named in the articles) and director)
- Permanent representative, David De Smet
- Director appointment, Nick De Moor (manager (not named in the articles) and director)
- Director appointment, Zëno Spiessens (manager (not named in the articles) and director)
- Shareholding, 06-09-2023, “totale aandelen” (deed in Dutch) (2 times)
- Other provision, “inschrijving aandelenverdeling” (deed in Dutch)
- Other provision, “rondvraag varia, Niemand van de aanwezigen vraagt het woord” (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose according to the articles of association
- PurposeThe activities the company may carry out under its articles.
- “Het uitbaten van een restaurant,taverne,drankslijterij,café,herberg,snackbar,frituur,traiteur,feestzaal,hotel en het verrichten van alle…”
12 activities
- Het uitbaten van een restaurant,taverne,drankslijterij,café,herberg,snackbar,frituur,traiteur,feestzaal,hotel en het verrichten van alle handelingen in de horecasector en deze die hiermede rechtstreeks of onrechtstreeks verband houden;
- Organisatie van feesten,recepties,tentoonstellingen,vertoningen en ceremonieën,wijncursussen,culturele activiteiten;
- Import,export,groot–en kleinhandel in voedingswaren,dranken,rookwaren met toebehoren,relatiegeschenken en decoratiemateriaal;
- Import,export,groot–en kleinhandel van horecaproducten en allerhande benodigdheden daaromtrent;
- Tussenpersoon in de handel;
- De aan–en verkoop,het huren en verhuren van roerende en onroerende goederen voor eigen rekening;
- Het verlenen van diensten en adviezen in de meest ruime zin van het woord aan bedrijven en ondernemingen van alle aard;
- Het waarnemen van de functie van zaakvoerder,bestuurder,manager of gemandateerde in ondernemingen en vennootschappen;
- Het nemen en beheren van belangen en participaties in ondernemingen en vennootschappen;
- Alle financiële,handels-en industriële,roerende en onroerende verhandelingen en bewerkingen die zich rechtsreeks en onrechtstreeks bij het doel van de vennootschap aansluiten of er de uitbreiding van kunnen bevorderen;
- De vennootschap mag zich borg stellen voor de goede afloop van de verbintenissen door derde personen aangegaan,ongeacht of deze derden fysieke of rechtspersonen zijn;
- De vennootschap mag op gelijk welke wijze ook betrokken zijn in zaken,ondernemingen of vennootschappen die hetzelfde,een soortgelijk,een gelijkaardig of samenhangend doel hebben,van aard zijn haar onderneming te ondersteunen of te ontwikkelen,haar grondstoffen kunnen inleveren of de afzet van haar producten kunnen vergemakkelijken.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ZENIDA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest”
Articles of association, deed of 19-01-2024 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11039A0321/00C000 | Flanders | 3,095 m² | 1 · 295 m² | 7.6 m · 1 |