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Zhenzhu

Active
Private limited companyfounded 2023active for 3 yearsDiestsesteenweg(LIN) 41b, 3210 Lubbeek, BelgiumKBO/BCE: BE 0805.315.675
Summary

The computed 12-month bankruptcy probability of Zhenzhu is 4.4% (elevated). The 2024 annual accounts show equity of €7,528 and a net result of €6,528. Its solvency ranks better than 39% of 6,096 sector peers (NACE 96, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (74 days) Filed on 13 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00540698.

Equity
€7,528
Total assets
€72,088
Net result
€6,528
Working capital
-€14,495

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €72,088
Fixed assets €22,023
Current assets €50,065
Equity and liabilities €72,088
Equity €7,528
Debt €64,560
Debt finances 89.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€32,262
Cash flow
€21,466
Current ratio
0.78
Debt to equity
8.58
ROE
86.7%
ROA
9.1%
Interest coverage
6.01
Debt ≤ 1 year
€64,560
Income taxes
€5,434

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 38 lines
Balance sheet Code2024
Assets
Total assets20/58€72,088
Fixed assets21/28€22,023
Tangible fixed assets22/27€22,023
Plant, machinery and equipment23€10,440
Furniture and vehicles24€2,704
Other tangible fixed assets26€8,879
Current assets29/58€50,065
Amounts receivable within one year40/41€2,485
Other amounts receivable41€2,485
Cash at bank and in hand54/58€35,676
Deferred charges and accrued income490/1€11,904
Equity and liabilities
Total equity and liabilities10/49€72,088
Equity10/15€7,528
Contributions10/11€1,000
Reserves13€6,528
Distributable reserves133€6,528
Amounts payable17/49€64,560
Amounts payable within one year42/48€64,560
Trade debts44€8,859
Suppliers440/4€8,859
Taxes, remuneration and social security45€37,796
Taxes450/3€37,796
Other amounts payable47/48€17,904
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,938
Other operating charges640/8€1,847
Gross operating margin9900€34,109
Operating profit (loss)9901€17,324
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€5,364
Recurring financial charges65€5,364
Profit (loss) for the period before taxes9903€11,962
Income taxes67/77€5,434
Profit (loss) for the period9904€6,528
Profit (loss) for the period to be appropriated9905€6,528
Appropriation of the result
Profit (loss) to be appropriated9906€6,528
Transfer to equity691/2€6,528
To other reserves6921€6,528

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,938
Other operating charges640/8€1,847
Gross operating margin9900€34,109
Operating profit (loss)9901€17,324
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€5,364
Recurring financial charges65€5,364
Profit (loss) for the period before taxes9903€11,962
Income taxes67/77€5,434
Profit (loss) for the period9904€6,528
Profit (loss) for the period to be appropriated9905€6,528
Line2024
Assets
Total assets20/58€72,088
Fixed assets21/28€22,023
Tangible fixed assets22/27€22,023
Plant, machinery and equipment23€10,440
Furniture and vehicles24€2,704
Other tangible fixed assets26€8,879
Current assets29/58€50,065
Amounts receivable within one year40/41€2,485
Other amounts receivable41€2,485
Cash at bank and in hand54/58€35,676
Deferred charges and accrued income490/1€11,904
Equity and liabilities
Total equity and liabilities10/49€72,088
Equity10/15€7,528
Contributions10/11€1,000
Reserves13€6,528
Distributable reserves133€6,528
Amounts payable17/49€64,560
Amounts payable within one year42/48€64,560
Trade debts44€8,859
Suppliers440/4€8,859
Taxes, remuneration and social security45€37,796
Taxes450/3€37,796
Other amounts payable47/48€17,904
Line2024
Profit (loss) for the period9904€6,528
+ Depreciation and write-downs630€14,938
Operating cash flow (approximation)€21,466

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 13-10-2025 2025-00540698

Similar companies · same sector, comparable size

Of the 24,930 active companies whose main activity is beauty care and other beauty treatments (NACE 96220), figures are known for 1,455. 1,031 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €2,000 awarded · €2,000 paid
Schemes
1 entry · €2,000 · €2,000 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.