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ZEQ

Active
Private limited companyfounded 2017active for 9 yearsRue Bois-Grumsel 1F, 4530 Villers-le-Bouillet, BelgiumKBO/BCE: BE 0679.894.477
Summary

ZEQ has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317,634 and a net result of €295,186. Equity has been growing by about 80% per year since 2018. Its solvency ranks better than 26% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 18-08-2017 Normal situation
Activity
Wholesale of construction materials, general range NACE 46831and 3 others
Establishment unit
2.267.137.151 4530 Villers-le-Bouillet, since 31-08-2017
Financial year end
31 December
Peppol
Reachable

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€263,011
▲ 28.7%
Turnover
≈ €1.4m
estimated
Profit
€295,186
▲ 6.5%
Equity
€317,634
▼ 66.5%
Total assets
€1.7m
▲ 6.3%
Employees on 31-12-2025
1
=
Filed on 28-07-2026, 3 days before the deadline
Score breakdownraises riskLiquidity: current ratio 0.67, cash €22,024, halvedSector: Wholesale trade (NACE 46)lowers riskSize: 0.7 FTE, total assets €1.7mFigures for financial year 2025 (filed on 28-07-2026)Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 35% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 44-42
equity 19.1% of total assets
Liquidity 18-39
short-term debt 64.1% · cash 1.3%
Profitability 91=
return on assets 17.7%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.4%▼ -0.4 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.3%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.67 (2.54 in 2024), below 1. Short-term debt is 64.1% and cash 1.3% of total assets. 80.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 31% of them on solvency, 17% on liquidity, 85% on profitability and 7% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 0.7 FTE, total assets €1.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.67, cash €22,024, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-07-2026)
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
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 28-07-2026, 3 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
3 days early
2024
2 days early
2023
22 days late
2022
60 days late
2021
2 days early
2020
3 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €949,114 to €317,634 ▼ 66.5% View
  • Positive: Higher net result than 88% of companies in wholesale tradesector median €26,857 · 9,824 companies €295,186 View
  • Positive: 7 profitable years in a rowprofit 2025: €295,186 7 years View

Recent changes

  1. · Gazette deed Capital increase of €8,370
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as ZEQ: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €966,000 and €3.2m, founded between 2015 and 2019.

CompanyTotal assetsGross margin
ZEQ Villers-le-Bouillet€1.7m€0.3m
Imarco België Hasselt€1.9m€0.4m
J&S Dakplaten Geel€2.1m€0.4m
ADAM MATERIAUX Hannut€3.2m€0.5m
Bouwmaterialen Lemahieu Heuvelland€1.0m€0.2m
StonePros Gent€1.0m€0.6m
FASASTONE EUROPE Temse€1.9m€0.2m
Full comparison

Key facts about ZEQ

What is the company number of ZEQ?
The company number of ZEQ is 0679.894.477. The VAT number is the same number with BE in front: BE 0679.894.477.
Where is ZEQ based?
The registered office is at Rue Bois-Grumsel 1F, 4530 Villers-le-Bouillet.Company details
What does ZEQ do?
According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
What is the legal form of ZEQ?
The legal form of ZEQ is Private limited company (BV).
When was ZEQ founded?
ZEQ was founded on 18-08-2017.
Is ZEQ still active?
Yes, ZEQ is an active enterprise in the KBO register.
How many employees does ZEQ have?
ZEQ had an average of 0.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ZEQ?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €263,011 and 141 comparable companies (NACE 46). It probably lies between €860,000 and €2.3m.
Is ZEQ profitable?
In financial year 2025, ZEQ made a profit of €295,186.
Where can I find the annual accounts of ZEQ?
ZEQ filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ZEQ due?
ZEQ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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