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Zet-A

Active
Private limited companyfounded 20242 yrs activeHaan 98, 1840 Londerzeel, BelgiumKBO/BCE: BE 1011.937.553
Summary

The computed 12-month bankruptcy probability of Zet-A is 2.6% (moderate). The 2025 annual accounts show negative equity (-€31,754) and a net result of -€61,754. Its solvency ranks better than 9% of 8190 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency8
Growth-
Track record67
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.78; short-term debt: 117.3% and cash: 13.7% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-17.3%
Return on assets
-33.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 08-07-2026, 23 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
23 d early
← before the deadline after the deadline →
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

Zet-A was incorporated on 25 July 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, abbreviated schema

Equity
-€31,754
Total assets
€183,457
Net result
-€61,754
Working capital
-€48,386

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €183,457
Fixed assets €16,632
Current assets €166,824
Key figures and ratios
2025 value
EBITDA
-€49,898
Cash flow
-€56,942
Solvency
-17.3%
Current ratio
0.78
Quick ratio
0.19
Debt to equity
-6.78
ROA
-33.7%
Interest coverage
-6.63
Debt
€215,210
Debt ≤ 1 year
€215,210
Income taxes
€210

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,340 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% 1.8%
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 7,638 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 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€183,457
Fixed assets21/28€16,632
Tangible fixed assets22/27€16,583
Plant, machinery and equipment23€2,492
Furniture and vehicles24€14,091
Financial fixed assets28€49
Current assets29/58€166,824
Stocks and contracts in progress3€125,453
Stocks30/36€125,453
Amounts receivable within one year40/41€16,298
Trade receivables40€14,880
Other amounts receivable41€1,418
Cash at bank and in hand54/58€25,073
Equity and liabilities
Total equity and liabilities10/49€183,457
Equity10/15-€31,754
Contributions10/11€30,000
Outside capital11€30,000
Other1109/19€30,000
Profit (loss) carried forward14-€61,754
Amounts payable17/49€215,210
Amounts payable within one year42/48€215,210
Financial debts43€100,000
Credit institutions430/8€100,000
Trade debts44€8,555
Suppliers440/4€8,555
Taxes, remuneration and social security45€210
Taxes450/3€210
Other amounts payable47/48€106,445
Income statement Code2025
Non-recurring operating income76A€3
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,811
Other operating charges640/8€53
Gross operating margin9900-€49,845
Operating profit (loss)9901-€54,709
Financial income75/76B€724
Recurring financial income75€724
Financial charges65/66B€7,558
Recurring financial charges65€7,522
Non-recurring financial charges66B€36
Profit (loss) for the period before taxes9903-€61,543
Income taxes67/77€210
Profit (loss) for the period9904-€61,754
Profit (loss) for the period to be appropriated9905-€61,754
Appropriation of the result
Profit (loss) to be appropriated9906-€61,754

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

Line2025
Non-recurring operating income76A€3
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,811
Other operating charges640/8€53
Gross operating margin9900-€49,845
Operating profit (loss)9901-€54,709
Financial income75/76B€724
Recurring financial income75€724
Financial charges65/66B€7,558
Recurring financial charges65€7,522
Non-recurring financial charges66B€36
Profit (loss) for the period before taxes9903-€61,543
Income taxes67/77€210
Profit (loss) for the period9904-€61,754
Profit (loss) for the period to be appropriated9905-€61,754
Line2025
Assets
Total assets20/58€183,457
Fixed assets21/28€16,632
Tangible fixed assets22/27€16,583
Plant, machinery and equipment23€2,492
Furniture and vehicles24€14,091
Financial fixed assets28€49
Current assets29/58€166,824
Stocks and contracts in progress3€125,453
Stocks30/36€125,453
Amounts receivable within one year40/41€16,298
Trade receivables40€14,880
Other amounts receivable41€1,418
Cash at bank and in hand54/58€25,073
Equity and liabilities
Total equity and liabilities10/49€183,457
Equity10/15-€31,754
Contributions10/11€30,000
Outside capital11€30,000
Other1109/19€30,000
Profit (loss) carried forward14-€61,754
Amounts payable17/49€215,210
Amounts payable within one year42/48€215,210
Financial debts43€100,000
Credit institutions430/8€100,000
Trade debts44€8,555
Suppliers440/4€8,555
Taxes, remuneration and social security45€210
Taxes450/3€210
Other amounts payable47/48€106,445
Line2025
Profit (loss) for the period9904-€61,754
+ Depreciation and write-downs630€4,811
Operating cash flow (approximation)-€56,942

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
08-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Londerzeel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
332 m²
Building footprint
121 m²
Parcel 23080D0652/00E003, Flanders. Linked by address, not a title deed.
1 establishment unit
Haan 98, 1840 Londerzeel
Wholesale trade
since 20242.362.996.511
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23080D0652/00E003 Flanders 332 m² 1 · 121 m² -
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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 1,619 EUR awarded · 1,619 EUR paid
Year Entries awardedpaid
2024 1 1,619 EUR1,619 EUR
Schemes
1 entry · 1,619 EUR · 1,619 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 334 companies in sector 46471 we hold annual accounts for 190. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
46471Wholesale trade
46170Agents in the wholesale of food, beverages and tobacco
47789Other retail sale of new goods
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011937553
Also 9925:BE1011937553
Registered 09-12-2025

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

Register as of 30 September 2026 · Peppol Directory

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