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ZENY

Active
Private limited companyfounded 20215 yrs activeTrou du Renard 3, 4671 Blégny, BelgiumKBO/BCE: BE 0769.867.521
Summary

ZENY has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €167,471 and a net result of €8,274. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 29% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability55▼-17
Solvency56▼-1
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 3.01 in 2023; short-term debt: 26.7% and cash: 22.7% of total assets), and 68.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
30 d late
2021
276 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 91 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ZENY was incorporated on 18 June 2021 as a Private limited company.1 Total assets rose from EUR 99,679 in 2021 to EUR 534,564 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€167,471▲ 5.2%
2023 · €159,197
Total assets
€534,564▲ 8.9%
2023 · €491,047
Net result
€8,274▼ 86.3%
2023 · €60,500
Working capital
€44,357▼ 65.0%
2023 · €126,765
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result-€663--€580▲ 12.4%€30,993€20,764▼ 33.0%
Net result-€671below the sector's middle half--€632below the sector's middle half▲ 5.7%€60,500above the sector's middle half€8,274within the sector's middle half▼ 86.3%
Equity€99,329within the sector's middle half-€98,697within the sector's middle half▼ 0.6%€159,197within the sector's middle half▲ 61.3%€167,471above the sector's middle half▲ 5.2%
Total assets€99,679within the sector's middle half-€188,621within the sector's middle half▲ 89.2%€491,047above the sector's middle half▲ 160%€534,564above the sector's middle half▲ 8.9%
Debt€350-€89,924▲ 25,617%€331,850▲ 269%€367,093▲ 10.6%
Working capital€38,292within the sector's middle half--€51,334below the sector's middle half€126,765above the sector's middle half€44,357within the sector's middle half▼ 65.0%
Solvency99.6%above the sector's middle half-52.3%within the sector's middle half▼ 47.3pp32.4%within the sector's middle half▼ 19.9pp31.3%within the sector's middle half▼ 1.1pp
Current ratio0.43below the sector's middle half3.01within the sector's middle half▲ 2.591.31within the sector's middle half▼ 1.70
Return on assets (ROA)-0.7%below the sector's middle half--0.3%below the sector's middle half▲ 0.3pp12.3%within the sector's middle half▲ 12.7pp1.5%within the sector's middle half▼ 10.8pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2021: -€663-€663Net result 2021: -€671-€671Operating result 2022: -€580-€580Net result 2022: -€632-€632Operating result 2023: €30,993€30,993Net result 2023: €60,500€60,500Operating result 2024: €20,764€20,764Net result 2024: €8,274€8,2742021202220232024-€20,000€0€20,000€40,000€60,000Operating result 2022: -€580-€580Net result 2022: -€632-€632Operating result 2023: €30,993€31,000Net result 2023: €60,500€60,500Operating result 2024: €20,764€20,800Net result 2024: €8,274€8,270202220232024
The operating result falls in 2024; 2024 is 33% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €534,226
Fixed assets €347,075 ▲ 15.4%
Current assets €187,151 ▼ 1.3%
Equity and liabilities €534,564
Equity €167,471 ▲ 5.2%
Debt €367,093 ▲ 10.6%
Debt's share of the balance-sheet total rises from 67.6% to 68.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€50,080▲
2023 · €47,220
Cash flow
€37,590▼
2023 · €76,726
Debt to equity
2.19▲
2023 · 2.08
ROE
4.9%▼
2023 · 38.0%
Interest coverage
4.12▼
2023 · 4.50
Debt ≤ 1 year
€142,794▲
2023 · €62,922
Debt > 1 year
€221,429▼
2023 · €265,714
Income taxes
€347
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,640 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 95% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
3.6% stopped otherwise
95% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 1,640 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€491,047€534,564▲
Formation expenses20€571€338▼
Fixed assets21/28€300,790€347,075▲
Tangible fixed assets22/27€300,790€347,075▲
Land and buildings22€275,292€298,027▲
Assets under construction and advance payments27€25,498€49,048▲
Current assets29/58€189,686€187,151▼
Amounts receivable within one year40/41€34,302€65,947▲
Trade receivables40€34,302€65,947▲
Cash at bank and in hand54/58€155,384€121,204▼
Equity and liabilities
Total equity and liabilities10/49€491,047€534,564▲
Equity10/15€159,197€167,471▲
Contributions10/11€100,000€100,000=
Profit (loss) carried forward14€59,197€67,471▲
Amounts payable17/49€331,850€367,093▲
Amounts payable after more than one year17€265,714€221,429▼
Financial debts170/4€265,714€221,429▼
Amounts payable within one year42/48€62,922€142,794▲
Current portion of amounts payable after more than one year42€44,286€55,357▲
Trade debts44€15,508€82,584▲
Suppliers440/4€15,508€82,584▲
Taxes, remuneration and social security45€3,128€4,854▲
Taxes450/3€3,128€4,854▲
Accrued charges and deferred income492/3€3,215€2,870▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,227€29,316▲
Other operating charges640/8€799€525▼
Gross operating margin9900€48,019€50,605▲
Operating profit (loss)9901€30,993€20,764▼
Financial income75/76B€40,000€4▼
Recurring financial income75€40,000€4▼
Non-recurring financial income76B€40,000-
Financial charges65/66B€10,494€12,147▲
Recurring financial charges65€10,494€12,147▲
Profit (loss) for the period before taxes9903€60,500€8,621▼
Income taxes67/77-€347
Profit (loss) for the period9904€60,500€8,274▼
Profit (loss) for the period to be appropriated9905€60,500€8,274▼
Appropriation of the result
Profit (loss) to be appropriated9906€59,197€67,471▲
Profit (loss) brought forward from the previous period14P-€1,303€59,197▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€128€233€16,227€29,316▲ 80.7%
Other operating charges640/8€535€348€799€525▼ 34.3%
Gross operating margin9900-€0€48,019€50,605▲ 5.4%
Operating profit (loss)9901-€663-€580€30,993€20,764▼ 33.0%
Financial income75/76B--€40,000€4▼ 100.0%
Recurring financial income75--€40,000€4▼ 100.0%
Non-recurring financial income76B--€40,000--
Financial charges65/66B€8€52€10,494€12,147▲ 15.8%
Recurring financial charges65€8€52€10,494€12,147▲ 15.8%
Profit (loss) for the period before taxes9903-€671-€632€60,500€8,621▼ 85.7%
Income taxes67/77---€347-
Profit (loss) for the period9904-€671-€632€60,500€8,274▼ 86.3%
Profit (loss) for the period to be appropriated9905-€671-€632€60,500€8,274▼ 86.3%
Line2021202220232024Change
Assets
Total assets20/58€99,679€188,621€491,047€534,564▲ 8.9%
Formation expenses20€1,037€804€571€338▼ 40.8%
Fixed assets21/28€60,000€149,227€300,790€347,075▲ 15.4%
Tangible fixed assets22/27-€89,227€300,790€347,075▲ 15.4%
Land and buildings22--€275,292€298,027▲ 8.3%
Assets under construction and advance payments27-€89,227€25,498€49,048▲ 92.4%
Financial fixed assets28€60,000€60,000---
Current assets29/58€38,642€38,590€189,686€187,151▼ 1.3%
Amounts receivable within one year40/41--€34,302€65,947▲ 92.3%
Trade receivables40--€34,302€65,947▲ 92.3%
Cash at bank and in hand54/58€38,642€38,590€155,384€121,204▼ 22.0%
Equity and liabilities
Total equity and liabilities10/49€99,679€188,621€491,047€534,564▲ 8.9%
Equity10/15€99,329€98,697€159,197€167,471▲ 5.2%
Contributions10/11€100,000€100,000€100,000€100,000=
Profit (loss) carried forward14-€671-€1,303€59,197€67,471▲ 14.0%
Amounts payable17/49€350€89,924€331,850€367,093▲ 10.6%
Amounts payable after more than one year17--€265,714€221,429▼ 16.7%
Financial debts170/4--€265,714€221,429▼ 16.7%
Amounts payable within one year42/48€350€89,924€62,922€142,794▲ 127%
Current portion of amounts payable after more than one year42--€44,286€55,357▲ 25.0%
Trade debts44€350€89,924€15,508€82,584▲ 433%
Suppliers440/4€350€89,924€15,508€82,584▲ 433%
Taxes, remuneration and social security45--€3,128€4,854▲ 55.2%
Taxes450/3--€3,128€4,854▲ 55.2%
Accrued charges and deferred income492/3--€3,215€2,870▼ 10.7%
Line2021202220232024Change
Profit (loss) for the period9904-€671-€632€60,500€8,274▼ 86.3%
+ Depreciation and write-downs630€128€233€16,227€29,316▲ 80.7%
Operating cash flow (approximation)-€543-€399€76,726€37,590▼ 51.0%
Investment in fixed assets (approximation)--€89,460-€167,790-€75,601▲ 54.9%
Change in cash--€52€116,794-€34,180▼ 129%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
23-03
State Gazette act General meeting · Director resignation
Director discharge · Director appointment
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Back to profitnet €60,500
Net result €60,500 after 2 loss-making years.
31-12
Financial Liquidity times 7current ratio 3.01
Current ratio from 0.43 to 3.01; short-term debt falls from €89,924 to €62,922.
31-12
Financial Equity above €150,000Eq €159,197 ▲61.3%
Equity rises from €98,697 to €159,197.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
03-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 276 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Blégny
exact location from the address register On OpenStreetMap
Ground area
956 m²
Building footprint
160 m²
Volume, LiDAR
770 m³
Parcel 62095B0139/00F000, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62095B0139/00F000 Wallonia 956 m² 1 · 160 m² 6.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

Similar companies · same sector, comparable size

Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,223 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0769867521
Also 9925:BE0769867521
Registered 21-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.