Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Zennepoort is 0.2% (very low). The 2024 annual accounts show equity of €571k and a net result of €12k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 87% of 1697 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Signals
1 signal · with evidenceStrong solvency vs sector
Solvency is in the sector's strongest quartile: better than 87% of 1697 peers (2024). A comfortable equity buffer.
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 10-07-2025 | 21 d early | 2025-00253408 |
| 31-12-2023 | 31-07-2024 | 02-07-2024 | 29 d early | 2024-00214639 |
| 31-12-2022 | 31-07-2023 | 30-06-2023 | 31 d early | 2023-00190767 |
| 31-12-2021 | 31-07-2022 | 01-07-2022 | 30 d early | 2022-20129644 |
| 31-12-2020 | 31-07-2021 | 12-07-2021 | 19 d early | 2021-34100240 |
| 31-12-2019 | 31-07-2020 | 10-07-2020 | 21 d early | 2020-29000104 |
| 31-12-2018 | 31-07-2019 | 05-07-2019 | 26 d early | 2019-31100583 |
| 31-12-2017 | 31-07-2018 | 06-07-2018 | 25 d early | 2018-30600566 |
| 31-12-2016 | 31-07-2017 | 22-06-2017 | 39 d early | 2017-22100070 |
| 31-12-2015 | 31-07-2016 | 22-06-2016 | 39 d early | 2016-20700526 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2008, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.2%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Lower-risk legal form
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€12k+0.4%
Working capital€739k+4.8%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 10-07-2025 with the NBB · fiscal year 2024 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 4 fiscal years (±2.1%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 77.1% | 14.3% | |
| Net result | €12k | €0 | |
| Equity | €571k | €108k | |
| Gross operating margin | €-5k | €52k | |
| Total assets | €742k | €1.50M |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P87
Stable position over 2021-2024
· n=694-1697
P63
Improving position over 2021-2024
· n=694-1693
P72
Stable position over 2021-2024
· n=694-1697
P21
Stable position over 2021-2024
· n=692-1694
Describes the position versus peers, not a forecast.
€12k
+0.4%
18-24
€742k
+5.2%
18-24
€571k
+6.3%
18-24
€739k
+4.8%
18-24
€3k
+821.7%
18-24
€3k
+821.7%
18-24
248.63
-88.6%
18-24
173.16
-88.7%
18-24
77.1%
+1.1%
18-24
0.01
+767.3%
18-24
2.1%
-5.5%
18-24
1.6%
-4.5%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €12k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €742k |
| Equity | €571k |
| Debt | €3k |
| of which ≤ 1y | €3k |
| of which > 1y | - |
| Working capital | €739k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 248.63 |
| Quick ratio | 173.16 |
| Working capital ratio | 99.6% |
| Solvency | 77.1% |
| Debt / equity | 0.01 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 1.6% |
| ROE | 2.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €742k |
| Current assets | 29/58 | €742k |
| Stocks & contracts in progress | 3 | €225k |
| Amounts receivable within one year | 40/41 | €409k |
| Cash & bank | 54/58 | €107k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €742k |
| Equity | 10/15 | €571k |
| Contributions / capital | 10/11 | €662k |
| Accumulated profits (losses) | 14 | €-91k |
| Provisions & deferred taxes | 16 | €167k |
| Amounts payable | 17/49 | €3k |
| Amounts payable within one year | 42/48 | €3k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-6k |
| Financial income | 75 | €18k |
| Financial charges | 65 | €740 |
| Result before taxes | 9903 | €12k |
| Net result for the period | 9904 | €12k |
| Result to be appropriated | 9905 | €12k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed86
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
12 directorsCurrent directors & mandates
-
Current12-02-2026 → present
-
WILKINSON DEVELOPMENTLegal entityDirector· perm. rep.: Geoffrey WilkinsonState Gazette act 26310958 (16-02-2026)Current12-02-2026 → present
-
PSR NVLegal entityDirector· perm. rep.: Paul LievensState Gazette act 25091427 (22-07-2025)Current22-07-2025 → present
-
Current22-02-2024 → present
-
Jan De Nul NVLegal entityDirector· perm. rep.: Ir. J.P.J. De NulState Gazette act 25091427 (22-07-2025)Current26-06-2019 → present
5 events
- 22-07-2025 Mandate renewed· Director
- 22-07-2025 Appointed· Managing director
- 02-04-2021 Mandate renewed· Director
- 26-06-2019 Mandate renewed· Director
- 26-06-2019 Appointed· Managing director
-
PSR Brownfield Developers NVLegal entityDirector· perm. rep.: Dhr. Paul LievensState Gazette act 21041164 (02-04-2021)Current26-06-2019 → present
2 events
- 02-04-2021 Mandate renewed· Director
- 26-06-2019 Mandate renewed· Director
Historic, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Jan De NulLegal entityDirector· perm. rep.: ir. J.P.J. De NulState Gazette act 14220316 (10-12-2014)Not recently confirmedlast confirmed in an act from 2014
-
Devera Brownfield Fund SALegal entityManaging director· perm. rep.: Joris GoossensState Gazette act 11057706 (15-04-2011)Not recently confirmedlast confirmed in an act from 2011
Former directors (4)
-
Former- → 15-01-2026
-
Former26-06-2019 → 15-01-2026
5 events
- 15-01-2026 Resigned· Managing director
- 22-07-2025 Mandate renewed· Director
- 22-07-2025 Appointed· Managing director
- 02-04-2021 Mandate renewed· Director
- 26-06-2019 Mandate renewed· Director
-
Former01-11-2014 → 15-01-2026
2 events
- 15-01-2026 Resigned· Managing director
- 01-11-2014 Appointed· Director
-
Former- → 18-03-2011
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
3 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BDO Bedrijfsrevisoren bvCurrent Statutory auditor · represented by Veerle Catry |
- | 24-07-2024 → present |
| BDO Bedrijfsrevisoren Burg.CVBA Statutory auditor · represented by Veerle Catry succeeded by BDO Bedrijfsrevisoren CVBA in 2021 |
- | 29-05-2015 → 07-07-2021 |
| BDO Bedrijfsrevisoren CVBA Statutory auditor · represented by Veerle Catry succeeded by BDO Bedrijfsrevisoren bv in 2024 |
- | 07-07-2021 → 24-07-2024 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Public limited company(014) |
| Incorporation | 30-10-2008 |
| Status | Active |
| Postal code | 2560 |
Structure & network
Connections & network
23 connected companiesGroup structure
Sits on the board · 1 subsidiary · 1 location
Control→
Sits on the board · 21 subsidiaries · 1 location
Control→
Sits on the board · 6 subsidiaries · 1 location
Control→
Sits on the board · 1 subsidiary · 1 location
Control→
Network connections
Shared corporate director
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Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
4 partiesControl over this companysits on this company's board4
21 subsidiaries · 1 location
6 subsidiaries · 1 location
1 subsidiary · 1 location
1 subsidiary · 1 location
controls
ZennepoortBE 0807.488.673
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Hemelweg(Kessel) 102560 NijlenEstablishment units
1 locationZennepoort
since 20082.174.223.029
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2.3 ha
Buildings2
Building footprint2,268 m²
Volume (LiDAR)17,345 m³
Tallest building14.0 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41029B0523/00S000 | Flanders | 2.3 ha | 1 · 1,845 m² | 14.0 m · 3 fl. |
| 12018C0124/00F000 | Flanders | 422 m² | 1 · 422 m² | 12.8 m · 2 fl. |
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.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
14 acts Address history · 1
27-02-2014
v3.2
All acts · 14
updated 5 months ago
2026
16-02-2026 2 directors appointed, 3 resigning
- Luc Vulsteke, Bestuurder
- Geoffrey Wilkinson, Bestuurder
- Jan De Nul, Gedelegeerd bestuurder
- Paul Lievens, Gedelegeerd bestuurder
- Julie De Nul, Gedelegeerd bestuurder
Summary:
v3.2
2025
22-07-2025 2 directors appointed, 3 reappointed
- Ir. J.P.J. De Nul, Gedelegeerd bestuurder
- Julie De Nul, Gedelegeerd bestuurder
- Ir. J.P.J. De Nul, Bestuurder
- Julie De Nul, Bestuurder
- Paul Lievens, Bestuurder
Summary:
v3.2
2024
24-07-2024 Veerle Catry reappointed as statutory auditor
26-02-2024 Articles of association amended
Summary:
v3.2
2021
07-07-2021 Veerle Catry reappointed as statutory auditor
02-04-2021 3 reappointed
- Ir. J.P.J. De Nul, Bestuurder
- Julie De Nul, Bestuurder
- Dhr. Paul Lievens, Bestuurder
Summary:
v3.2
2019
25-07-2019 1 director appointed, 3 reappointed
- Ir. J.P.J. De Nul, Gedelegeerd bestuurder
- Julie De Nul, Bestuurder
- Ir. J.P.J. De Nul, Bestuurder
- Paul Lievens, Bestuurder
Summary:
v3.2
2018
25-06-2018 Veerle Catry reappointed as statutory auditor
2015
30-06-2015 Veerle Catry reappointed as statutory auditor
15-05-2015 Articles of association amended
Summary:
v3.2
2014
22-12-2014 Articles of association amended
Summary:
v3.2
10-12-2014 2 directors appointed
27-02-2014 Registered office moved within Aalst-Hofstade
2011
15-04-2011 1 director appointed, 1 resigning
- Joris Goossens, Gedelegeerd bestuurder
- Joris Goossens, Gedelegeerd bestuurder
Summary:
v3.2
Analysis
Snowflake analysis
financial profile on 5 axes75
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
86
Profitability
11
Solvency
100
Growth
78
Stability
100
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Company registry
Company registry (CBE)
Crossroads BankActivities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Ontwikkeling van niet-residentiële bouwprojecten68122Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203
Primary activity highlighted.
Names & trade names
| Legal nameNL | Zennepoort |
Registered office
Hemelweg(Kessel) 10
2560 Nijlen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.