Losses
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
The micro format states no turnover.
Short-term debts fell from €1,634 to €686.
The 2023 accounts came latest: 128 days after the end of the period.
Higher solvency than 91% of companies in land transport. Sector median 38.0% · 6,602 companies.
In July 2024, 2,150 companies had the same profile as ZENITH CONCEPT has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,150 companies, not a prediction for ZENITH CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| ZENITH CONCEPT Forest | €5,238 | €913 | 86.9% | - |
| MANAL DRIVER Schaerbeek | €5,325 | -€4,154 | 71.0% | - |
| Benz Transport Lier | €4,774 | -€622 | -321.3% | - |
| ANM Services Antwerp | €5,018 | -€9,611 | 28.2% | - |
| SIDIA MULTI SERVICES Brussels | €4,040 | -€72 | 55.0% | - |
| ERIS TRANSPORT Brussels | €5,505 | -€6,855 | -1110.2% | - |
| C.Y.M Trans Molenbeek-Saint-Jean | €4,005 | -€1,761 | -111.7% | - |
These companies have the same main activity as ZENITH CONCEPT: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €4,000 and €5,510, founded between 2020 and 2023.
The 2025 annual accounts show equity of €4,552 and a net result of -€53. Equity has been shrinking by about 5.9% per year since 2023.
Its solvency ranks better than 92% of 6,602 sector peers (NACE 49, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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