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ZICHTEN CONSTRUCT

Active
Private limited companyfounded 2024active for 1 yearGraaf Jansdijk 471, 8300 Knokke-Heist, Belgium15 active companies are registered at this addressKBO/BCE: BE 1017.011.544
Summary

ZICHTEN CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95,112 and a net result of -€104,888. Its solvency ranks better than 23% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, abbreviated format

Equity
€95,112
Total assets
€2.1m
Net result
-€104,888
Working capital
€1.5m

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

Balance-sheet composition
Assets €2.1m
Fixed assets €5,000
Current assets €2.1m
Equity and liabilities €2.1m
Equity €95,112
Debt €2.0m
Debt finances 95.5% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
3.22
Quick ratio
0.03
Debt to equity
21.18
ROE
-110.3%
ROA
-5.0%
Debt ≤ 1 year
€653,066
Debt > 1 year
€1.4m

Peer companies

Historical observation

Of the 120 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95.8% are still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a small loss
2.5% went bankrupt
1.7% stopped otherwise
95.8% still going

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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% 0.9%
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 120 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 · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€2.1m
Fixed assets21/28€0.005m
Financial fixed assets28€0.005m
Current assets29/58€2.1m
Stocks and contracts in progress3€2.1m
Stocks30/36€2.1m
Amounts receivable within one year40/41€0.005m
Other amounts receivable41€0.005m
Cash at bank and in hand54/58€0.004m
Deferred charges and accrued income490/1€0.01m
Equity and liabilities
Total equity and liabilities10/49€2.1m
Equity10/15€0.1m
Contributions10/11€0.2m
Profit (loss) carried forward14-€0.1m
Amounts payable17/49€2.0m
Amounts payable after more than one year17€1.4m
Other amounts payable178/9€1.4m
Amounts payable within one year42/48€0.7m
Trade debts44€0.2m
Suppliers440/4€0.2m
Advances received on contracts in progress46€0.5m
Taxes, remuneration and social security45€0.003m
Taxes450/3€0.003m
Income statement Code2025
Other operating charges640/8€0.001m
Gross operating margin9900-€0.03m
Operating profit (loss)9901-€0.03m
Financial income75/76B€214
Recurring financial income75€214
Financial charges65/66B€0.08m
Recurring financial charges65€0.08m
Profit (loss) for the period before taxes9903-€0.1m
Profit (loss) for the period9904-€0.1m
Profit (loss) for the period to be appropriated9905-€0.1m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€711
Gross operating margin9900-€28,664
Operating profit (loss)9901-€29,375
Financial income75/76B€214
Recurring financial income75€214
Financial charges65/66B€75,727
Recurring financial charges65€75,727
Profit (loss) for the period before taxes9903-€104,888
Profit (loss) for the period9904-€104,888
Profit (loss) for the period to be appropriated9905-€104,888
Line2025
Assets
Total assets20/58€2.1m
Fixed assets21/28€0.005m
Financial fixed assets28€0.005m
Current assets29/58€2.1m
Stocks and contracts in progress3€2.1m
Stocks30/36€2.1m
Amounts receivable within one year40/41€0.005m
Other amounts receivable41€0.005m
Cash at bank and in hand54/58€0.004m
Deferred charges and accrued income490/1€0.01m
Equity and liabilities
Total equity and liabilities10/49€2.1m
Equity10/15€0.1m
Contributions10/11€0.2m
Profit (loss) carried forward14-€0.1m
Amounts payable17/49€2.0m
Amounts payable after more than one year17€1.4m
Other amounts payable178/9€1.4m
Amounts payable within one year42/48€0.7m
Trade debts44€0.2m
Suppliers440/4€0.2m
Advances received on contracts in progress46€0.5m
Taxes, remuneration and social security45€0.003m
Taxes450/3€0.003m
Line2025
Profit (loss) for the period9904-€104,888
Operating cash flow (approximation)-€104,888

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

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 23-07-2026 2026-00325129

Similar companies · same sector, comparable size

Of the 9,532 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,448. 5,337 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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