Zenith Graphics
ActiveSummary
Zenith Graphics has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.17M and a net result of €893k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 52% of 85 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
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Financials · fiscal year 2024, full schema
Filed annual accounts As filed with the NBB · 2024 against 2023 · 84 lines
The notes to these accounts (82 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €13.17M | €17.01M | €19.21M | €19.37M | ▲ 0.8% |
| Turnover70 | €12.20M | €12.97M | €16.69M | €18.82M | €19.02M | ▲ 1.1% |
| Other operating income74 | - | €199k | €320k | €391k | €339k | ▼ 13.1% |
| Non-recurring operating income76A | - | €285 | €634 | €136 | €8k | ▲ 5,662% |
| Operating charges60/66A | - | €12.72M | €15.92M | €17.75M | €18.02M | ▲ 1.5% |
| Goods for resale, raw materials and consumables60 | - | €4.08M | €5.37M | €5.88M | €6.70M | ▲ 13.8% |
| Purchases600/8 | - | €4.48M | €5.60M | €6.73M | €6.43M | ▼ 4.5% |
| Change in stocks: decrease (increase)609 | - | €-406k | €-230k | €-848k | €267k | ▲ 131% |
| Services and other goods61 | - | €3.17M | €4.80M | €5.82M | €4.80M | ▼ 17.5% |
| Remuneration, social security and pensions62 | - | €4.43M | €4.56M | €4.89M | €5.29M | ▲ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.02M | €994k | €848k | €762k | €1.01M | ▲ 33.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €80k | €189k | €166k | €128k | ▼ 22.8% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-95k | €20k | - | - | - |
| Other operating charges640/8 | - | €61k | €132k | €231k | €90k | ▼ 61.1% |
| Operating profit (loss)9901 | €395k | €456k | €1.09M | €1.46M | €1.35M | ▼ 7.2% |
| Financial income75/76B | - | €37k | €31k | €31k | €21k | ▼ 30.5% |
| Recurring financial income75 | €51k | €37k | €31k | €31k | €21k | ▼ 30.5% |
| Other financial income752/9 | - | €37k | €31k | €31k | €21k | ▼ 30.5% |
| Financial charges65/66B | - | €31k | €31k | €49k | €90k | ▲ 82.8% |
| Recurring financial charges65 | €40k | €31k | €31k | €49k | €90k | ▲ 82.8% |
| Debt charges650 | €34k | €29k | €29k | €45k | €87k | ▲ 92.9% |
| Other financial charges652/9 | - | €2k | €2k | €4k | €3k | ▼ 30.3% |
| Profit (loss) for the period before taxes9903 | €406k | €462k | €1.09M | €1.44M | €1.28M | ▼ 10.7% |
| Income taxes67/77 | €179k | €154k | €338k | €417k | €390k | ▼ 6.5% |
| Taxes670/3 | - | €154k | €338k | €417k | €390k | ▼ 6.5% |
| Profit (loss) for the period9904 | €227k | €307k | €748k | €1.02M | €893k | ▼ 12.5% |
| Profit (loss) for the period to be appropriated9905 | €227k | €307k | €748k | €1.02M | €893k | ▼ 12.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.50M | €8.82M | €10.15M | €12.40M | €11.67M | ▼ 5.9% |
| Fixed assets21/28 | €2.98M | €2.33M | €2.35M | €4.36M | €4.18M | ▼ 4.1% |
| Intangible fixed assets21 | €901k | €825k | €713k | €599k | €467k | ▼ 22.0% |
| Tangible fixed assets22/27 | €2.06M | €1.50M | €1.57M | €3.66M | €3.60M | ▼ 1.4% |
| Land and buildings22 | - | €11k | - | - | - | - |
| Plant, machinery and equipment23 | - | €805k | €799k | €1.46M | €1.53M | ▲ 4.6% |
| Furniture and vehicles24 | - | €105k | €196k | €374k | €329k | ▼ 12.2% |
| Leasing and similar rights25 | - | €103k | €66k | €100k | €137k | ▲ 37.4% |
| Other tangible fixed assets26 | - | €439k | €138k | €1.72M | €1.61M | ▼ 6.5% |
| Assets under construction and advance payments27 | - | €43k | €372k | - | - | - |
| Financial fixed assets28 | €16k | €4k | €67k | €102k | €106k | ▲ 3.7% |
| Other financial fixed assets284/8 | - | €4k | €67k | €102k | €106k | ▲ 3.7% |
| Amounts receivable and cash guarantees285/8 | - | €4k | €67k | €102k | €106k | ▲ 3.7% |
| Current assets29/58 | €6.53M | €6.49M | €7.80M | €8.04M | €7.49M | ▼ 6.8% |
| Stocks and contracts in progress3 | €2.02M | €2.34M | €2.42M | €3.10M | €2.75M | ▼ 11.3% |
| Stocks30/36 | - | €2.34M | €2.42M | €3.10M | €2.75M | ▼ 11.3% |
| Raw materials and consumables30/31 | - | €1.30M | €1.57M | €2.01M | €1.82M | ▼ 9.4% |
| Finished goods33 | - | €1.04M | €850k | €1.09M | €929k | ▼ 14.8% |
| Amounts receivable within one year40/41 | €2.39M | €3.15M | €3.87M | €4.54M | €3.58M | ▼ 21.0% |
| Trade receivables40 | - | €2.51M | €3.33M | €4.30M | €3.29M | ▼ 23.4% |
| Other amounts receivable41 | - | €640k | €541k | €234k | €288k | ▲ 23.0% |
| Cash at bank and in hand54/58 | €2.06M | €935k | €1.45M | €306k | €1.04M | ▲ 239% |
| Deferred charges and accrued income490/1 | - | €62k | €55k | €98k | €122k | ▲ 24.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.50M | €8.82M | €10.15M | €12.40M | €11.67M | ▼ 5.9% |
| Equity10/15 | €4.27M | €4.24M | €4.21M | €4.18M | €4.17M | ▼ 0.4% |
| Contributions10/11 | €683k | €683k | €683k | €683k | €683k | = |
| Capital10 | - | €683k | €683k | €683k | €683k | = |
| Issued capital100 | - | €683k | €683k | €683k | €683k | = |
| Reserves13 | €3.44M | €3.44M | €3.45M | €3.45M | €3.45M | ▲ 0.1% |
| Non-distributable reserves130/1 | - | €123k | €123k | €123k | €123k | = |
| Legal reserve130 | - | €123k | €123k | €123k | €123k | = |
| Distributable reserves133 | - | €3.32M | €3.32M | €3.32M | €3.33M | ▲ 0.1% |
| Profit (loss) carried forward14 | €552k | - | - | - | - | - |
| Investment grants15 | - | €112k | €84k | €54k | €34k | ▼ 37.0% |
| Provisions and deferred taxes16 | €95k | - | €20k | €20k | €20k | = |
| Provisions for liabilities and charges160/5 | - | - | €20k | €20k | €20k | = |
| Other liabilities and charges164/5 | - | - | €20k | €20k | €20k | = |
| Amounts payable17/49 | €5.14M | €4.58M | €5.91M | €8.19M | €7.48M | ▼ 8.7% |
| Amounts payable after more than one year17 | €1.41M | €1.00M | €628k | €1.05M | €1.23M | ▲ 17.8% |
| Financial debts170/4 | - | €439k | €352k | €1.02M | €1.23M | ▲ 21.6% |
| Leasing and similar obligations172 | - | €27k | €8k | €58k | €96k | ▲ 66.3% |
| Credit institutions173 | - | €412k | €344k | €958k | €1.14M | ▲ 18.9% |
| Other amounts payable178/9 | - | €563k | €276k | €32k | - | - |
| Amounts payable within one year42/48 | €3.73M | €3.57M | €5.23M | €7.01M | €6.21M | ▼ 11.5% |
| Current portion of amounts payable after more than one year42 | - | €410k | €279k | €318k | €327k | ▲ 2.9% |
| Financial debts43 | - | €333k | €219k | €579k | €445k | ▼ 23.1% |
| Credit institutions430/8 | - | €333k | €219k | €579k | €445k | ▼ 23.1% |
| Trade debts44 | €1.35M | €1.40M | €2.60M | €3.31M | €3.42M | ▲ 3.4% |
| Suppliers440/4 | - | €1.40M | €2.60M | €3.31M | €3.42M | ▲ 3.4% |
| Advances received on contracts in progress46 | - | - | - | - | €152k | - |
| Taxes, remuneration and social security45 | - | €912k | €1.15M | €1.54M | €877k | ▼ 43.0% |
| Taxes450/3 | - | €464k | €673k | €996k | €347k | ▼ 65.1% |
| Remuneration and social security454/9 | - | €448k | €479k | €544k | €530k | ▼ 2.5% |
| Other amounts payable47/48 | - | €507k | €989k | €1.26M | €983k | ▼ 22.2% |
| Accrued charges and deferred income492/3 | - | €16k | €53k | €135k | €39k | ▼ 71.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €227k | €307k | €748k | €1.02M | €893k | ▼ 12.5% |
| + Depreciation and write-downs630 | €1.02M | €994k | €848k | €762k | €1.01M | ▲ 33.1% |
| Operating cash flow (approximation) | €1.24M | €1.30M | €1.60M | €1.78M | €1.91M | ▲ 7.0% |
| Investment in fixed assets (approximation) | - | €-352k | €-864k | €-2.77M | €-834k | ▲ 69.9% |
| Change in cash | - | €-1.12M | €517k | €-1.15M | €731k | ▲ 164% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
3 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0154/00H000 | Flanders | 7,689 m² | - | - |
| 23026A0076/00X000 | Flanders | 7,119 m² | 1 · 2,978 m² | - |
| 21003A0223/00A002 | Brussels | 1,264 m² | 1 · 1,097 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 23,262 EUR awarded · 22,864 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,202 EUR | 1,804 EUR |
| 2023 | 1 | 21,060 EUR | 21,060 EUR |
Recognitions · licences · registrations
Dual-learning approval
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Similar companies · same sector, comparable size
Identification & contact
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