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ZET

Active Private limited companyfounded 2011active for 15 yearsNieuwstraat 152, 3590 DiepenbeekKBO/BCE: BE 0835.012.424 #10 employer in Diepenbeek, Construction sector

Lifetime

15 annual accounts with figures on one time axis
peak €653,720 (2024)
€544,845▼ 16.7%
peak €147,603 (2020)
€29,310▼ 57.0%
peak €511,516 (2025)
€511,516▲ 2.7%
€1.3m▼ 5.2%
peak 7.5 FTE (2024)
6 FTE▼ 20.0%
Board5 names since 2016
1 director
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Gross margin from €653,720 to €544,845Result from €68,099 to €29,310Staff from 7.5 FTE to 6 FTEDividend €15,789Cash from €113,155 to €222,628

Key points

from the 2025 annual accounts

Equity

€511,516 ▲ 2.7%

ZET has made a profit in every financial year since 2011.

Debts

€1.3m 72% of the balance sheet
Financial debts 61%Suppliers 25%Taxes and wages 3%Other 12%

€666,726 of the debts are secured on the company's own assets. In 2021 that was €910,218.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Four of the last ten came late. The 2023 accounts came latest: 13 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,514 companies had the same profile as ZET has now. Each dot stands for 12 companies, two years later.

96.8%
were still trading
1.8%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,514 companies, not a prediction for ZET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Manager,

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0835012424
2 managers resigning, 2 directors reappointed Cancellation of 36 shares · Resignations: (manager) and (manager) · Reappointments: (director) and (director) · General meeting of 07-12-2020 · Gazette deed
1 manager resigning (manager) · Permanent representatives: and · Director discharge: · General meeting of 16-06-2019 · Gazette deed
Registered office moved from Hasselt to Diepenbeek New registered office: Nieuwstraat 152, 3590 Diepenbeek · Previous registered office: Genkersteenweg 419, 3500 Hasselt · Board meeting of 15-01-2019 · Gazette deed
All 29 events

Comparable companies

same main activity, similar in size and age
Company
ZET Diepenbeek €1.8m €544,845 28.2% 6
FREMA TOTAL PROJECTS Tessenderlo-Ham €1.5m €563,460 65.5% 4.5
Thijs Moelans Lommel €1.6m €740,328 49.8% 8.3
JB Technics Lanaken €1.7m €491,827 1.4% 8.9
AUGUSTUS Mechelen €1.7m €647,873 66.6% 5
Buckens Frederik Nazareth-De Pinte €1.7m €703,053 34.7% 4.8
MURANEUF Couvin €1.4m €558,376 58.7% 7.2

These companies have the same main activity as ZET: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €1.4m and €1.7m, founded between 2006 and 2014.

Official details

Source: KBO
Status
Active since 31-03-2011Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 5 others
Joint committees
200Auxiliary committee for white-collar workers
124Construction · annual accounts 2025
Establishment unit
2.198.917.0513590 Diepenbeek, since 31-03-2011
Financial year end
31 December
Peppol
Reachable since 05-12-2025
Company details

Annual accounts 2025

≈ €1.4mestimated
€1.8m▼ 3.1%
Employeeson 31-12-2025
6▼ 33.3%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on ZET

ZET files the abbreviated format. That format states no turnover. The gross margin rose from €57,840 in 2011 to €544,845 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ZET

What is the company number of ZET?
The company number of ZET is 0835.012.424. The VAT number is the same number with BE in front: BE 0835.012.424.
Where is ZET based?
The registered office is at Nieuwstraat 152, 3590 Diepenbeek.Company details
What does ZET do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of ZET?
ZET is a private limited company (BV).
When was ZET founded?
ZET was founded on 31-03-2011.
Is ZET still active?
Yes, ZET is an active enterprise in the KBO register.
How many employees does ZET have?
ZET had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ZET fall under?
In its 2025 annual accounts, ZET states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
What is the turnover of ZET?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €544,845 and 46 comparable companies (NACE 432). It probably lies between €1.2m and €1.8m.
Is ZET profitable?
In financial year 2025, ZET made a profit of €29,310.
Where can I find the annual accounts of ZET?
ZET filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ZET due?
ZET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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