ZHEN
ActiveSummary
The computed 12-month bankruptcy probability of ZHEN is 3.5% (moderate). The 2025 annual accounts show equity of €59,111 and a net result of €35,859. Equity is growing by ~111.9% per year across the filed fiscal years. Its solvency ranks better than 73% of 13484 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency82▲+12
Growth78=
Track record94
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.04 in 2024; short-term debt: 43.1% and cash: 57.1% of total assets), and 43.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
56.9%
Return on assets
34.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
35 d early
2023
48 d early
2022
27 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€59,111▲ 54.5%
2024 · €38,252
Total assets
€103,969▲ 22.3%
2024 · €84,980
Net result
€35,859▲ 68.4%
2024 · €21,288
Working capital
€28,934▲ 1,529%
2024 · €1,776
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€22,293-€9,841€24,788▲ 152%€44,212▲ 78.4%
Net result-€22,514-€9,478€21,288▲ 125%€35,859▲ 68.4%
Equity€7,486-€16,964▲ 127%€38,252▲ 125%€59,111▲ 54.5%
Total assets€70,213-€58,632▼ 16.5%€84,980▲ 44.9%€103,969▲ 22.3%
Debt€62,727-€41,669▼ 33.6%€46,728▲ 12.1%€44,858▼ 4.0%
Working capital-€36,777--€25,546▲ 30.5%€1,776€28,934▲ 1,529%
Staff (FTE)1.8-0.6▼ 66.7%0.8▲ 33.3%0.4▼ 50.0%
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 78% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103,969
Fixed assets
€30,177 ▼ 17.3%
Current assets
€73,792 ▲ 52.1%
Equity and liabilities €103,969
Equity
€59,111 ▲ 54.5%
Debt
€44,858 ▼ 4.0%
Debt's share of the balance-sheet total falls from 55.0% to 43.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51,896▲
2024 · €32,003
Cash flow
€43,542▲
2024 · €28,504
Current ratio
1.65▲
2024 · 1.04
Quick ratio
1.57▲
2024 · 1.03
Debt to equity
0.76▼
2024 · 1.22
ROE
60.7%▲
2024 · 55.7%
ROA
34.5%▲
2024 · 25.1%
Interest coverage
145.02▲
2024 · 49.36
Debt ≤ 1 year
€44,858▼
2024 · €46,728
Income taxes
€7,996▲
2024 · €2,851
Staff costs
€4,909▼
2024 · €18,762
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €38,102 | €14,315 | €18,762 | €4,909 | ▼ 73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,332 | €1,753 | €7,215 | €7,684 | ▲ 6.5% |
| Other operating charges640/8 | €320 | €1,553 | €1,660 | €3,050 | ▲ 83.7% |
| Gross operating margin9900 | €20,460 | €27,461 | €52,426 | €59,854 | ▲ 14.2% |
| Operating profit (loss)9901 | -€22,293 | €9,841 | €24,788 | €44,212 | ▲ 78.4% |
| Financial income75/76B | €0 | €0 | €0 | - | - |
| Recurring financial income75 | €0 | €0 | €0 | - | - |
| Financial charges65/66B | €221 | €363 | €648 | €358 | ▼ 44.8% |
| Recurring financial charges65 | €221 | €363 | €648 | €358 | ▼ 44.8% |
| Profit (loss) for the period before taxes9903 | -€22,514 | €9,478 | €24,140 | €43,854 | ▲ 81.7% |
| Income taxes67/77 | - | - | €2,851 | €7,996 | ▲ 180% |
| Profit (loss) for the period9904 | -€22,514 | €9,478 | €21,288 | €35,859 | ▲ 68.4% |
| Profit (loss) for the period to be appropriated9905 | -€22,514 | €9,478 | €21,288 | €35,859 | ▲ 68.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €70,213 | €58,632 | €84,980 | €103,969 | ▲ 22.3% |
| Fixed assets21/28 | €44,263 | €42,510 | €36,477 | €30,177 | ▼ 17.3% |
| Intangible fixed assets21 | €1,151 | €1,079 | €793 | €506 | ▼ 36.2% |
| Tangible fixed assets22/27 | €43,112 | €41,431 | €35,684 | €29,671 | ▼ 16.9% |
| Land and buildings22 | €14,432 | €13,953 | €12,035 | €10,116 | ▼ 15.9% |
| Plant, machinery and equipment23 | €8,494 | €8,032 | €6,186 | €4,340 | ▼ 29.8% |
| Furniture and vehicles24 | €20,187 | €19,446 | €17,463 | €15,214 | ▼ 12.9% |
| Current assets29/58 | €25,949 | €16,122 | €48,504 | €73,792 | ▲ 52.1% |
| Stocks and contracts in progress3 | €6,829 | €3,009 | €556 | €3,394 | ▲ 510% |
| Stocks30/36 | €6,829 | €3,009 | €556 | €3,394 | ▲ 510% |
| Amounts receivable within one year40/41 | €11,875 | €9,363 | €12,184 | €10,490 | ▼ 13.9% |
| Trade receivables40 | €11,490 | €8,713 | €12,155 | €8,479 | ▼ 30.2% |
| Other amounts receivable41 | €386 | €650 | €29 | €2,011 | ▲ 6,805% |
| Cash at bank and in hand54/58 | €6,985 | €3,446 | €35,562 | €59,332 | ▲ 66.8% |
| Deferred charges and accrued income490/1 | €259 | €304 | €201 | €577 | ▲ 186% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €70,213 | €58,632 | €84,980 | €103,969 | ▲ 22.3% |
| Equity10/15 | €7,486 | €16,964 | €38,252 | €59,111 | ▲ 54.5% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€22,514 | -€13,036 | €8,252 | €29,111 | ▲ 253% |
| Amounts payable17/49 | €62,727 | €41,669 | €46,728 | €44,858 | ▼ 4.0% |
| Amounts payable within one year42/48 | €62,727 | €41,669 | €46,728 | €44,858 | ▼ 4.0% |
| Trade debts44 | €12,333 | €10,597 | €16,671 | €18,294 | ▲ 9.7% |
| Suppliers440/4 | €12,333 | €10,597 | €16,671 | €18,294 | ▲ 9.7% |
| Taxes, remuneration and social security45 | €8,625 | €4,674 | €6,695 | €10,655 | ▲ 59.1% |
| Taxes450/3 | €1,685 | €1,973 | €3,986 | €8,344 | ▲ 109% |
| Remuneration and social security454/9 | €6,940 | €2,701 | €2,709 | €2,311 | ▼ 14.7% |
| Other amounts payable47/48 | €41,768 | €26,398 | €23,361 | €15,910 | ▼ 31.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,514 | €9,478 | €21,288 | €35,859 | ▲ 68.4% |
| + Depreciation and write-downs630 | €4,332 | €1,753 | €7,215 | €7,684 | ▲ 6.5% |
| Operating cash flow (approximation) | -€18,182 | €11,231 | €28,504 | €43,542 | ▲ 52.8% |
| Investment in fixed assets (approximation) | - | €0 | -€1,182 | -€1,384 | ▼ 17.1% |
| Change in cash | - | -€3,539 | €32,116 | €23,770 | ▼ 26.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2022net €35,859 ▲68.4%
Operating result €44,212, net result €35,859, both a record.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity triplescurrent ratio 1.04
Current ratio from 0.39 to 1.04.
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €9,478
Net result €9,478 after one loss-making year.
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sambreville · 1 establishment unit since 2021
Ground area
857 m²
Building footprint
855 m²
Parcel 92121B0538/00M002, Wallonia. Linked by address, not a title deed.
1 establishment unit
DO EAT EXPRESS
since 20212.322.057.462
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92121B0538/00M002 | Wallonia | 857 m² | 1 · 855 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSambreville2.322.057.462
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Of 7,501 companies in sector 56210 we hold annual accounts for 2,447. 2,058 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-04-2021
Fiscal year end30-09
Activities, NACEBEL 2025
56210Event catering
Scores and ratios are computed by Checked and are not a credit decision.