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ZEO

Active
Private limited company (pre-2019)founded 199630 yrs activeMarie-Joséplein 11, 1050 Elsene, BelgiumKBO/BCE: BE 0458.298.175
Summary

ZEO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,663 and a net result of €1,612. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 44% of 1540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability62▲+10
Solvency66▲+5
Growth85=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
25 d early
2021
31 d late
2020
31 d late
2019
32 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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

ZEO was incorporated on 11 July 1996.1 Revenue grew from EUR 1,208 in 2022 to EUR 3,674 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€3,674▲ 62.8%
2024 · €2,257
EBIT margin
44.8%▲ 7.6pp
2024 · 37.3%
Net result
€1,612▲ 102%
2024 · €798
Working capital
€6,613▲ 32.2%
2024 · €5,001
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, 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
Line20212022202320242025
Turnover€1,208€2,414▲ 99.9%€2,257▼ 6.5%€3,674▲ 62.8%
Operating result€467▼ 15.3%-€43€1,077€841▼ 21.9%€1,647▲ 95.8%
Net result€467within the sector's middle half▼ 8.2%-€133within the sector's middle half€1,041within the sector's middle half€798within the sector's middle half▼ 23.3%€1,612within the sector's middle half▲ 102%
EBIT margin-3.5%44.6%▲ 48.1pp37.3%▼ 7.4pp44.8%▲ 7.6pp
Equity€3,344below the sector's middle half▲ 16.2%€3,212below the sector's middle half▼ 4.0%€4,253below the sector's middle half▲ 32.4%€5,051below the sector's middle half▲ 18.8%€6,663below the sector's middle half▲ 31.9%
Total assets€11,880below the sector's middle half▲ 3.7%€11,725below the sector's middle half▼ 1.3%€12,958below the sector's middle half▲ 10.5%€13,843below the sector's middle half▲ 6.8%€16,413below the sector's middle half▲ 18.6%
Debt€8,535▼ 0.5%€8,513▼ 0.3%€8,705▲ 2.3%€8,792▲ 1.0%€9,750▲ 10.9%
Working capital€3,294▲ 16.5%€3,404▲ 3.3%€4,203▲ 23.5%€5,001▲ 19.0%€6,613▲ 32.2%
Solvency28.2%within the sector's middle half▲ 3.0pp27.4%within the sector's middle half▼ 0.8pp32.8%within the sector's middle half▲ 5.4pp36.5%within the sector's middle half▲ 3.7pp40.6%within the sector's middle half▲ 4.1pp
above within below the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€500€0€500€1,000€1,500Operating result 2021: €467€467Net result 2021: €467€467Operating result 2022: -€43-€43Net result 2022: -€133-€133Operating result 2023: €1,077€1,077Net result 2023: €1,041€1,041Operating result 2024: €841€841Net result 2024: €798€798Operating result 2025: €1,647€1,647Net result 2025: €1,612€1,61220212022202320242025€0€500€1,000€1,500Operating result 2023: €1,077€1,080Net result 2023: €1,041€1,040Operating result 2024: €841€841Net result 2024: €798€798Operating result 2025: €1,647€1,650Net result 2025: €1,612€1,610202320242025
The operating result recovers in 2025; 2025 is 96% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16,413
Fixed assets €50 =
Current assets €16,363 ▲ 18.6%
Equity and liabilities €16,413
Equity €6,663 ▲ 31.9%
Debt €9,750 ▲ 10.9%
Debt's share of the balance-sheet total falls from 63.5% to 59.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.68▲
2024 · 1.57
Debt to equity
1.46▼
2024 · 1.74
ROE
24.2%▲
2024 · 15.8%
ROA
9.8%▲
2024 · 5.8%
Debt ≤ 1 year
€9,750▲
2024 · €8,792
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 31,324 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 · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€13,843€16,413▲
Fixed assets21/28€50€50=
Intangible fixed assets21-€0
Financial fixed assets28€50€50=
Current assets29/58€13,793€16,363▲
Cash at bank and in hand54/58€13,793€16,363▲
Equity and liabilities
Total equity and liabilities10/49€13,843€16,413▲
Equity10/15€5,051€6,663▲
Contributions10/11€12,395€12,395=
Reserves13€660€660=
Distributable reserves133€660€660=
Profit (loss) carried forward14-€8,004-€6,392▲
Amounts payable17/49€8,792€9,750▲
Amounts payable within one year42/48€8,792€9,750▲
Trade debts44€397€1,355▲
Suppliers440/4€397€1,355▲
Other amounts payable47/48€8,395€8,395=
Income statement Code20242025
Turnover70€2,257€3,674▲
Goods, raw materials, services and sundry goods60/61€1,417€2,027▲
Gross operating margin9900€841€1,647▲
Operating profit (loss)9901€841€1,647▲
Financial income75/76B€5€15▲
Recurring financial income75€5€15▲
Financial charges65/66B€48€50▲
Recurring financial charges65€48€50▲
Profit (loss) for the period before taxes9903€798€1,612▲
Profit (loss) for the period9904€798€1,612▲
Profit (loss) for the period to be appropriated9905€798€1,612▲
Appropriation of the result
Profit (loss) to be appropriated9906-€8,004-€6,392▲
Profit (loss) brought forward from the previous period14P-€8,802-€8,004▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70-€1,208€2,414€2,257€3,674▲ 62.8%
Goods, raw materials, services and sundry goods60/61-€1,250€1,337€1,417€2,027▲ 43.0%
Gross operating margin9900€467-€43€1,077€841€1,647▲ 95.8%
Operating profit (loss)9901€467-€43€1,077€841€1,647▲ 95.8%
Financial income75/76B--€9€5€15▲ 200%
Recurring financial income75--€9€5€15▲ 200%
Financial charges65/66B-€90€45€48€50▲ 4.2%
Recurring financial charges65-€90€45€48€50▲ 4.2%
Profit (loss) for the period before taxes9903€467-€133€1,041€798€1,612▲ 102%
Profit (loss) for the period9904€467-€133€1,041€798€1,612▲ 102%
Profit (loss) for the period to be appropriated9905€467-€133€1,041€798€1,612▲ 102%
Line20212022202320242025Change
Assets
Total assets20/58€11,880€11,725€12,958€13,843€16,413▲ 18.6%
Fixed assets21/28€50€50€50€50€50=
Intangible fixed assets21----€0-
Financial fixed assets28€50€50€50€50€50=
Current assets29/58€11,830€11,675€12,908€13,793€16,363▲ 18.6%
Amounts receivable within one year40/41€630€386€652---
Trade receivables40€630€386€650---
Other amounts receivable41--€2---
Cash at bank and in hand54/58€11,200€11,289€12,256€13,793€16,363▲ 18.6%
Equity and liabilities
Total equity and liabilities10/49€11,880€11,725€12,958€13,843€16,413▲ 18.6%
Equity10/15€3,344€3,212€4,253€5,051€6,663▲ 31.9%
Contributions10/11€12,395€12,395€12,395€12,395€12,395=
Capital10€12,395€12,395----
Issued capital100€18,592€18,592----
Uncalled capital101€6,197€6,197----
Reserves13€660€660€660€660€660=
Non-distributable reserves130/1€660€660----
Legal reserve130€660€660----
Distributable reserves133--€660€660€660=
Profit (loss) carried forward14-€9,711-€9,843-€8,802-€8,004-€6,392▲ 20.1%
Amounts payable17/49€8,535€8,513€8,705€8,792€9,750▲ 10.9%
Amounts payable within one year42/48€8,535€8,271€8,705€8,792€9,750▲ 10.9%
Trade debts44-€94-€397€1,355▲ 241%
Suppliers440/4-€94-€397€1,355▲ 241%
Other amounts payable47/48€8,535€8,178€8,705€8,395€8,395=
Accrued charges and deferred income492/3-€242----
Line20212022202320242025Change
Profit (loss) for the period9904€467-€133€1,041€798€1,612▲ 102%
Operating cash flow (approximation)€467-€133€1,041€798€1,612▲ 102%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€89€967€1,537€2,570▲ 67.2%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €1,612 ▲102%
Operating result €1,647, net result €1,612, both a record.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €1,041
Net result €1,041 after one loss-making year.
06-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€133
Net result drops to -€133, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
01-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 32 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
22-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Elsene · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
676 m²
Building footprint
492 m²
Volume, LiDAR
8,071 m³
Parcel 21446D0168/00E000, Brussels · tallest building 22.2 m, ±6 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Marie-Joséplein 11, 1050 Elsene
Gambling and betting activities
since 19962.077.356.156
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21446D0168/00E000 Brussels 675 m² 1 · 492 m² 22.1 m · 6 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.

Similar companies · same sector, comparable size

Of 2,582 companies in sector 59113 we hold annual accounts for 702. 361 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 (pre-2019)
Founded11-07-1996
Fiscal year end31-12
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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Register as of 27 September 2026 · Peppol Directory

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