Subsidiaries and holdings
- RUISBROEK100%
- ZETES TECHNOLOGIES0.04%
ZETES has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €43.3m and a net result of €8.2m. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 55% of 401 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, large). It does better than 69% of them on solvency, 67% on liquidity, 88% on profitability and 72% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 83 days before 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.
These companies have the same main activity as ZETES: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €70m and €128m, founded between 1946 and 1992.
| Company | Total assets | Turnover |
|---|---|---|
| ZETES Brussels | €86.2m | €115.0m |
| RICOH BELGIUM Vilvoorde | €88.2m | €112.7m |
| CANON BELGIUM Machelen (Brab.) | €99.8m | €123.0m |
| Honeywell Machelen (Brab.) | €84.5m | €114.9m |
| ERICSSON Machelen (Brab.) | €127.8m | €204.8m |
| ST Engineering iDirect (Europe) CY Sint-Niklaas | €75.8m | €50.4m |
| NEXANS NETWORK SOLUTIONS Halle | €70.2m | €103.8m |
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