ZG SOLUTION
ActiveSummary
ZG SOLUTION has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €52k. Equity is growing by ~60.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-9
Solvency49▼-10
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.38 in 2024; short-term debt: 75.8% and cash: 28% of total assets), and 75.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.2%
Return on assets
13.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
29 d late
2024
13 d late
2023
55 d late
2022
38 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€576k
EBIT margin
3.9%
Net result
€52k▲ 12.4%
2024 · €46k
2022: €3k
2023: €22k
2024: €46k
2022 → 2025
Working capital
€75k▲ 36.5%
2024 · €55k
2022: €3k
2023: €19k
2024: €55k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€576k
Equity€3k-€28k▲ 727%€74k▲ 167%€92k▲ 24.3%
Operating result€4k-€22k▲ 411%€51k▲ 129%€65k▲ 28.2%
Net result€3k-€22k▲ 553%€46k▲ 111%€52k▲ 12.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €381k
Fixed assets
€17k ▼ 10.8%
Current assets
€364k ▲ 81.5%
Equity and liabilities €381k
Equity
€92k ▲ 24.3%
Debt
€289k ▲ 98.4%
Debt's share of the balance-sheet total rises from 66.3% to 75.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67k▲
2024 · €53k
Cash flow
€54k▲
2024 · €48k
Current ratio
1.26▼
2024 · 1.38
Debt to equity
3.14▲
2024 · 1.96
ROE
56.5%▼
2024 · 62.5%
ROA
13.7%▼
2024 · 21.1%
Interest coverage
423.63▲
2024 · 249.21
Debt ≤ 1 year
€289k▲
2024 · €146k
Income taxes
€13k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€220k€381k▲
Fixed assets21/28€19k€17k▼
Tangible fixed assets22/27€7k€5k▼
Furniture and vehicles24€7k€5k▼
Financial fixed assets28€12k€12k=
Current assets29/58€201k€364k▲
Amounts receivable within one year40/41€117k€257k▲
Trade receivables40€105k€253k▲
Other amounts receivable41€12k€4k▼
Cash at bank and in hand54/58€84k€107k▲
Equity and liabilities
Total equity and liabilities10/49€220k€381k▲
Equity10/15€74k€92k▲
Contributions10/11€3k€5k▲
Profit (loss) carried forward14€72k€87k▲
Amounts payable17/49€146k€289k▲
Amounts payable within one year42/48€146k€289k▲
Trade debts44€118k€193k▲
Suppliers440/4€118k€193k▲
Advances received on contracts in progress46€24k€60k▲
Taxes, remuneration and social security45€504-
Taxes450/3€504-
Other amounts payable47/48€3k€37k▲
Income statement
Code20242025
Non-recurring operating income76A€4k-
Goods, raw materials, services and sundry goods60/61€747k€754k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€385€875▲
Gross operating margin9900€53k€68k▲
Operating profit (loss)9901€51k€65k▲
Financial income75/76B-€200
Recurring financial income75-€3
Non-recurring financial income76B-€197
Financial charges65/66B€213€159▼
Recurring financial charges65€213€159▼
Profit (loss) for the period before taxes9903€51k€65k▲
Income taxes67/77€4k€13k▲
Profit (loss) for the period9904€46k€52k▲
Profit (loss) for the period to be appropriated9905€46k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€124k▲
Profit (loss) brought forward from the previous period14P€25k€72k▲
Profit to be distributed694/7-€37k
Return on contributions (dividend)694-€37k
The notes to these accounts (7 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Highest result since 2022net €52k ▲12.4%
Operating result €65k, net result €52k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
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, Asse · 1 establishment unit since 2021
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.
Termolenhoflaan 711731 AsseGround area
481 m²
Building footprint
166 m²
Volume, LiDAR
69 m³
Parcel 23095B0228/00E017, Flanders · tallest building 2.2 m. Linked by address, not a title deed.
1 establishment unit
ZG SOLUTION
since 20212.322.467.139
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095B0228/00E017 | Flanders | 481 m² | 1 · 166 m² | 2.1 m |
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.
Similar companies · same sector, comparable size
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SEPP CONSULTING
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SDB Consulting
BE 0828.150.663
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,188 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
49310Scheduled passenger transport by road
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.