ZETTUU
ActiveZETTUU has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-4k) and a net result of €-5k. Equity is shrinking by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-96
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 3.15 in 2024; short-term debt: 168.5% and cash: 8.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-68.5%
Return on assets
-79.6%
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 · 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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 €-4k
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
6 d early
2023
31 d late
2022
23 d early
2021
3 d early
2020
23 d late
2019
22 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-4k
2024 · €31k
2018: €42k
2019: €27k
2020: €30k
2021: €28k
2022: €7k
2023: €10k
2024: €31k
2018 → 2025
Total assets
€6k▼ 86.1%
2024 · €43k
2018: €46k
2019: €54k
2020: €55k
2021: €52k
2022: €40k
2023: €40k
2024: €43k
2018 → 2025
Net result
€-5k
2024 · €21k
2018: €-28k
2019: €-15k
2020: €3k
2021: €-2k
2022: €-22k
2023: €3k
2024: €21k
2018 → 2025
Working capital
€-7k
2024 · €27k
2018: €41k
2019: €-3k
2020: €6k
2021: €6k
2022: €-7k
2023: €5k
2024: €27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€7k▼ 76.8%€10k▲ 45.4%€31k▲ 222%€-4k
Operating result€-3k-€-23k▼ 709%€2k€20k▲ 1,066%€-5k
Net result€-2k-€-22k▼ 1,105%€3k€21k▲ 610%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €20k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6k
Fixed assets
€3k▼ 23.3%
Current assets
€3k▼ 91.9%
Key figures and ratios
EBITDA
€-4k▼
2024 · €21k
Cash flow
€-4k▼
2024 · €22k
Solvency
-68.5%▼
2024 · 70.9%
Current ratio
0.32▼
2024 · 3.15
Quick ratio
0.27▼
2024 · 3.11
Debt / equity
-2.46▼
2024 · 0.41
ROA
-79.6%▼
2024 · 48.9%
Interest coverage
-45.11▼
2024 · 208.77
Debt
€10k▼
2024 · €13k
Debt ≤ 1 year
€10k▼
2024 · €13k
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€43k€6k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€503€126▼
Other tangible fixed assets26€3k€3k▼
Current assets29/58€40k€3k▼
Stocks and contracts in progress3€500€500=
Stocks30/36€500€500=
Amounts receivable within one year40/41€34k€2k▼
Trade receivables40€3k€1k▼
Other amounts receivable41€31k€611▼
Cash at bank and in hand54/58€3k€535▼
Deferred charges and accrued income490/1€2k€463▼
Equity and liabilities
Total equity and liabilities10/49€43k€6k▼
Equity10/15€31k€-4k▼
Contributions10/11€6k€6k=
Reserves13€32k€2k▼
Distributable reserves133€32k€2k▼
Profit (loss) carried forward14€-7k€-12k▼
Amounts payable17/49€13k€10k▼
Amounts payable within one year42/48€13k€10k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€252-
Taxes450/3€252-
Other amounts payable47/48€10k€8k▼
Income statement
Code20242025
Non-recurring operating income76A€25k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€843€843=
Other operating charges640/8€128€144▲
Gross operating margin9900€21k€-4k▼
Operating profit (loss)9901€20k€-5k▼
Financial income75/76B€2k€463▼
Recurring financial income75€2k€463▼
Financial charges65/66B€499€291▼
Recurring financial charges65€99€91▼
Non-recurring financial charges66B€400€200▼
Profit (loss) for the period before taxes9903€21k€-5k▼
Profit (loss) for the period9904€21k€-5k▼
Profit (loss) for the period to be appropriated9905€21k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-12k▼
Profit (loss) brought forward from the previous period14P€-29k€-7k▲
Transfer from equity791/2-€30k
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
The notes to these accounts (4 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 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €21k ▲610%
Operating result €20k, net result €21k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.15
Current ratio from 1.17 to 3.15; short-term debt falls from €30k to €13k.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 22 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1991
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.
Nieuwevaart 2869000 GentGround area
243 m²
Building footprint
58 m²
Volume, LiDAR
523 m³
Parcel 44810K0288/00S002, Flanders · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SLAM DISTRIBUTION cvba
since 19912.052.634.519
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44810K0288/00S002 | Flanders | 243 m² | 1 · 58 m² | 12.6 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 300 EUR awarded · 300 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 300 EUR | 300 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
GREEN LAGOON
BE 0666.888.064
La Hulpe · Eq €30k
Eco-Biz
BE 0886.661.855
Nieuwerkerken (Limb.) · Eq €29k
Kwik Kopie Service
BE 1003.519.834
Kapellen · Eq €28k
ALMACIN TECHNOLOGIES
BE 0666.576.080
Kruisem · Eq €33k
BENELUX PAPER AGENCIES
BE 0430.099.186
Antwerpen · Eq €28k
Of 334 companies in sector 46492 we hold annual accounts for 241. 119 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-1991
Fiscal year end31-12
Activities, NACEBEL
46492Wholesale trade
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
51475
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.