ZETICON
ActiveZETICON has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-561k) and a net result of €-429k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 1413 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▲+3
Solvency2▼-18
Growth51▼-4
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 0.91 in 2024; short-term debt: 81.4% and cash: 0.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-23.1%
Return on assets
-17.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-561k
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 · 10 filingsDeviation from the deadline
2025
3 d early
2024
24 d early
2023
20 d early
2022
3 d late
2021
4 d late
2020
19 d early
2019
6 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€4.25M▼ 10.4%
2024 · €4.74M
2018: €1.44M
2019: €2.00M
2020: €2.33M
2021: €2.17M
2022: €2.68M
2023: €3.88M
2024: €4.74M
2018 → 2025
EBIT margin
-7.9%▲ 0.4pp
2024 · -8.3%
2018: 12.8%
2019: 1.2%
2020: 7.3%
2021: 1.6%
2022: -0.3%
2023: 0.9%
2024: -8.3%
2018 → 2025
Net result
€-429k▲ 6.9%
2024 · €-461k
2018: €162k
2019: €7k
2020: €154k
2021: €18k
2022: €-24k
2023: €-13k
2024: €-461k
2018 → 2025
Working capital
€-351k▼ 139%
2024 · €-147k
2018: €169k
2019: €-91k
2020: €-32k
2021: €15k
2022: €12k
2023: €219k
2024: €-147k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.17M-€2.68M▲ 23.4%€3.88M▲ 44.5%€4.74M▲ 22.2%€4.25M▼ 10.4%
Equity€366k-€342k▼ 6.5%€329k▼ 3.7%€-132k€-561k▼ 326%
Operating result€34k-€-8k€36k€-392k€-337k▲ 14.2%
Net result€18k-€-24k€-13k▲ 47.3%€-461k▼ 3,561%€-429k▲ 6.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €337k in 2025 against €392k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.43M
Fixed assets
€803k▼ 13.0%
Current assets
€1.63M▲ 3.4%
Key figures and ratios
EBITDA
€256k▲
2024 · €201k
Cash flow
€164k▲
2024 · €133k
Solvency
-23.1%▼
2024 · -5.3%
Current ratio
0.82▼
2024 · 0.91
Quick ratio
0.82▼
2024 · 0.91
Debt / equity
-5.33▲
2024 · -19.96
ROA
-17.7%▲
2024 · -18.5%
Interest coverage
2.89▲
2024 · 2.75
Debt
€2.99M▲
2024 · €2.63M
Debt ≤ 1 year
€1.98M▲
2024 · €1.72M
Income taxes
€4k▲
2024 · €-4k
Staff costs
€1.78M▼
2024 · €1.91M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.50M€2.43M▼
Fixed assets21/28€923k€803k▼
Intangible fixed assets21€881k€770k▼
Tangible fixed assets22/27€37k€29k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€35k€26k▼
Financial fixed assets28€5k€5k=
Current assets29/58€1.57M€1.63M▲
Amounts receivable within one year40/41€1.29M€1.36M▲
Trade receivables40€1.25M€1.36M▲
Other amounts receivable41€42k€353▼
Cash at bank and in hand54/58€23k€16k▼
Deferred charges and accrued income490/1€260k€250k▼
Equity and liabilities
Total equity and liabilities10/49€2.50M€2.43M▼
Equity10/15€-132k€-561k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-199k€-628k▼
Provisions and deferred taxes16-€1k
Provisions for liabilities and charges160/5-€1k
Pensions and similar obligations160-€1k
Amounts payable17/49€2.63M€2.99M▲
Amounts payable within one year42/48€1.72M€1.98M▲
Trade debts44€405k€655k▲
Suppliers440/4€405k€655k▲
Taxes, remuneration and social security45€272k€307k▲
Taxes450/3€81k€96k▲
Remuneration and social security454/9€191k€211k▲
Other amounts payable47/48€1.04M€1.02M▼
Accrued charges and deferred income492/3€908k€1.01M▲
Income statement
Code20242025
Turnover70€4.74M€4.25M▼
Goods, raw materials, services and sundry goods60/61€3.20M€2.71M▼
Remuneration, social security and pensions62€1.91M€1.78M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€594k€593k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€10k€10k▲
Gross operating margin9900€2.13M€2.05M▼
Operating profit (loss)9901€-392k€-337k▲
Financial income75/76B€465€241▼
Recurring financial income75€465€241▼
Financial charges65/66B€73k€89k▲
Recurring financial charges65€73k€89k▲
Profit (loss) for the period before taxes9903€-465k€-425k▲
Income taxes67/77€-4k€4k▲
Profit (loss) for the period9904€-461k€-429k▲
Profit (loss) for the period to be appropriated9905€-461k€-429k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-461k€-628k▼
Profit (loss) brought forward from the previous period14P-€-199k
Transfer from equity791/2€261k-
Social balance
Average headcount (FTE)908727.323.1▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-461k
Net result drops to €-461k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €348k ▲79.5%
3 profitable years in a row build equity to €348k.
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
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.
25-09-2025
Christian Van der Schueren: Resigned as Director
14-10-2019
Dirk Deroost: Resigned as Director
27-02-2018
Cathy Lagasse: Resigned as Director
27-02-2018
Paul Lagasse: Resigned as Director
06-06-2017
Van Den Bossche Bruno: Resigned as Director
06-06-2017
Van Duyse Marleen: Resigned as Director
01-10-2012
Van Duyse Marleen: Resigned as Managing director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bellevue 1-39050 GentGround area
7,429 m²
Building footprint
2,466 m²
Volume, LiDAR
27,989 m³
Parcel 44032A0472/00K003, Flanders · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ZETICON
since 20112.201.027.790
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0472/00K003 | Flanders | 7,429 m² | 1 · 2,466 m² | 16.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| EY Bedrijfsrevisoren BV Statutory auditor · represented by Paul Eelen | - → 02-10-2020 |
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Public money · subsidies and aid
European Union, budget
2025 · 2 entries · 58,175 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 2 | 58,175 EUR |
Projects
PURCHASE OF THE LENS UPGRADE
PURCHASE OF THE LENS MAINTENANCE
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Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 6,065 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-07-2011
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.