ZF Construct
The computed 12-month bankruptcy probability of ZF Construct is 1.9% (moderate). The 2026 annual accounts show equity of €143k and a net result of €31k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 55% of 33 sector peers (fiscal year 2026). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €143k |
| Net result | €31k |
| Staff (FTE) | 1 |
| Better than sector | 55% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 64.5% | 62.9% | |
| Net result | €31k | €7k | |
| Equity | €143k | €58k | |
| Gross operating margin | €106k | €25k | |
| Total assets | €222k | €103k |
Figures by fiscal year and ratios
| Fiscal year | 2026 Δ | 2025 Δ | 2024 Δ |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | +5.3% | -43.7% | - |
| Net profit | -12.6% | -51.0% | - |
| Cash flow | +1.7% | -42.7% | - |
| Staff costs | +3.1% | -1.7% | - |
| Income taxes | +22.3% | -48.8% | - |
| Dividends | - | - | - |
| Total assets | +27.3% | +30.6% | - |
| Equity | +28.0% | +47.1% | - |
| Debt | +26.2% | +8.8% | - |
| of which ≤ 1y | -6.4% | +37.8% | - |
| of which > 1y | +201.0% | -49.0% | - |
| Working capital | +20.6% | +71.7% | - |
| Employees (FTE) | 0.0% | 0.0% | - |
| 2026 | 2025 | 2024 | |
|---|---|---|---|
| Current ratio | 3.27 | 2.76 | 2.41 |
| Quick ratio | 3.27 | 2.76 | 2.41 |
| Working capital ratio | 50.3% | 53.1% | 40.4% |
| Solvency | 64.5% | 64.2% | 57.0% |
| Debt / equity | 0.55 | 0.56 | 0.75 |
| Long-term debt ratio | 0.21 | 0.09 | 0.25 |
| Interest coverage | 46.18 | 49.01 | 51.13 |
| Gross margin | - | - | 19.7% |
| Net margin | - | - | 9.7% |
| ROA | 14.1% | 20.6% | 54.8% |
| ROE | 21.8% | 32.0% | 96.1% |
| EBITDA margin | - | - | 14.8% |
| Days sales outstanding | - | - | 17d |
| Days payable outstanding | - | - | 1d |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2026 | 2025 | 2024 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €222k | €174k | €134k |
| Fixed assets | 21/28 | €61k | €29k | €41k |
| Tangible fixed assets | 22/27 | €61k | €29k | €41k |
| Current assets | 29/58 | €161k | €145k | €92k |
| Amounts receivable within one year | 40/41 | €1k | €16k | €36k |
| Cash & bank | 54/58 | €156k | €125k | €55k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €222k | €174k | €134k |
| Equity | 10/15 | €143k | €112k | €76k |
| Contributions / capital | 10/11 | €3k | €3k | €3k |
| Accumulated profits (losses) | 14 | €140k | €109k | €73k |
| Amounts payable | 17/49 | €79k | €62k | €57k |
| Amounts payable after one year | 17 | €30k | €10k | €19k |
| Amounts payable within one year | 42/48 | €49k | €53k | €38k |
| Trade debts payable within one year | 44 | €9k | €28k | €2k |
| Income statement | ||||
| Turnover | 70 | - | - | €751k |
| Gross operating margin | 9900 | €106k | €102k | €154k |
| Operating result | 9901 | €45k | €47k | €95k |
| Financial income | 75 | €2 | €23 | €76 |
| Financial charges | 65 | €1k | €1k | €2k |
| Result before taxes | 9903 | €44k | €46k | €93k |
| Income taxes | 67/77 | €12k | €10k | €20k |
| Net result for the period | 9904 | €31k | €36k | €73k |
| Result to be appropriated | 9905 | €31k | €36k | €73k |
| NACE primary | General construction of residential buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 28-06-2022 |
| Status | Active |
| Postal code | 1770 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23762C0207/00S000 | Flanders | 750 m² | 1 · 156 m² | 9.6 m · 1 fl. |
| 23044A0446/00Z000 | Flanders | 228 m² | 1 · 71 m² | 9.6 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
18-02-2026 Registered office moved within Liedekerke
- Poortstraat 96, 1770 Liedekerke → Hoefstraat 166, 1770 Liedekerke
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Liedekerke",
"region": null,
"street": "Hoefstraat",
"country": "BE",
"postcode": "1770",
"box_number": null,
"street_number": "166"
},
"old_address": {
"city": "Liedekerke",
"region": null,
"street": "Poortstraat",
"country": "BE",
"postcode": "1770",
"box_number": null,
"street_number": "96"
},
"effective_date": "2026-01-30",
"evidence_quote": "Approveert de verplaatsing van de vennootschapszetel naar Hoefstraat 166, 1770 Liedekerke, met effect van 30 januari 2026."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0787.774.018",
"name_full": "ZF CONSTRUCT",
"legal_form": "BV"
}
}30-06-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1770 Liedekerke, Poortstraat 96",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "ZAHARIA Radu Florin",
"niss": null,
"address": "1770 Liedekerke, Poortstraat 96"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3000,
"holder_person_name": "ZAHARIA Radu Florin",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 3000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0787.774.018",
"name_full": "ZF Construct",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-06-13",
"post_incorporation_mandates": []
}| Legal nameNL | ZF Construct |