ZIERFUSS
ActiveZIERFUSS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €343k and a net result of €77k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 12.22 against 12.3 in 2024; short-term debt: 7.6% and cash: 80.1% of total assets), and 7.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
92.4%
Return on assets
20.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
30 d late
2023
27 d late
2022
25 d late
2021
60 d late
2020
9 d late
2019
31 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€343k▲ 11.8%
2024 · €307k
2018: €12k
2019: €48k
2020: €95k
2021: €134k
2022: €186k
2023: €245k
2024: €307k
2018 → 2025
Total assets
€371k▲ 12.4%
2024 · €330k
2018: €29k
2019: €57k
2020: €118k
2021: €155k
2022: €219k
2023: €266k
2024: €330k
2018 → 2025
Net result
€77k▲ 25.7%
2024 · €61k
2018: €2k
2019: €36k
2020: €47k
2021: €39k
2022: €52k
2023: €59k
2024: €61k
2018 → 2025
Working capital
€319k▲ 19.6%
2024 · €266k
2018: €6k
2019: €41k
2020: €90k
2021: €131k
2022: €120k
2023: €195k
2024: €266k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€134k-€186k▲ 39.2%€245k▲ 31.7%€307k▲ 24.9%€343k▲ 11.8%
Operating result€60k-€74k▲ 21.8%€83k▲ 12.5%€86k▲ 3.5%€108k▲ 26.2%
Net result€39k-€52k▲ 35.6%€59k▲ 12.6%€61k▲ 3.6%€77k▲ 25.7%
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 four years in a row; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €371k
Fixed assets
€24k▼ 39.6%
Current assets
€347k▲ 19.7%
Equity and liabilities €371k
Equity
€343k▲ 11.8%
Debt
€28k▲ 19.5%
The debt ratio rises from 7.2% to 7.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€125k▲
2024 · €102k
Cash flow
€94k▲
2024 · €78k
Solvency
92.4%▼
2024 · 92.8%
Current ratio
12.22▼
2024 · 12.30
Quick ratio
12.22▼
2024 · 12.30
Debt / equity
0.08▲
2024 · 0.08
ROE
22.4%▲
2024 · 20.0%
ROA
20.7%▲
2024 · 18.5%
Interest coverage
1373.19▲
2024 · 608.33
Debt
€28k▲
2024 · €24k
Debt ≤ 1 year
€28k▲
2024 · €24k
Income taxes
€31k▲
2024 · €24k
Staff costs
€72k▲
2024 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€330k€371k▲
Fixed assets21/28€41k€24k▼
Tangible fixed assets22/27€41k€24k▼
Furniture and vehicles24€41k€24k▼
Current assets29/58€290k€347k▲
Amounts receivable within one year40/41€48k€42k▼
Trade receivables40€42k€40k▼
Other amounts receivable41€7k€2k▼
Cash at bank and in hand54/58€240k€297k▲
Deferred charges and accrued income490/1€1k€8k▲
Equity and liabilities
Total equity and liabilities10/49€330k€371k▲
Equity10/15€307k€343k▲
Contributions10/11€19k-
Reserves13€288k€343k▲
Distributable reserves133€288k€343k▲
Amounts payable17/49€24k€28k▲
Amounts payable within one year42/48€24k€28k▲
Trade debts44€696€517▼
Suppliers440/4€696€517▼
Taxes, remuneration and social security45€16k€21k▲
Taxes450/3€8k€13k▲
Remuneration and social security454/9€8k€8k▲
Other amounts payable47/48€7k€7k▼
Accrued charges and deferred income492/3€182-
Income statement
Code20242025
Remuneration, social security and pensions62€69k€72k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€176k€202k▲
Operating profit (loss)9901€86k€108k▲
Financial income75/76B€0€20▲
Recurring financial income75€0€20▲
Financial charges65/66B€168€91▼
Recurring financial charges65€168€91▼
Profit (loss) for the period before taxes9903€86k€108k▲
Income taxes67/77€24k€31k▲
Profit (loss) for the period9904€61k€77k▲
Profit (loss) for the period to be appropriated9905€61k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€77k▲
Transfer from equity791/2-€22k
Transfer to equity691/2€61k€77k▲
To other reserves6921€61k€77k▲
Profit to be distributed694/7-€22k
Return on contributions (dividend)694-€22k
The notes to these accounts (6 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
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €77k ▲25.7%
Operating result €108k, net result €77k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 10.67
Current ratio from 4.66 to 10.67; short-term debt falls from €33k to €20k.
31-12
Financial
Equity above €200kEq €245k ▲31.7%
6 profitable years in a row build equity to €245k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Equity above €150kEq €186k ▲39.2%
5 profitable years in a row build equity to €186k.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Equity above €100kEq €134k ▲40.6%
4 profitable years in a row build equity to €134k.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 5.49
Current ratio from 1.34 to 5.49; short-term debt falls from €17k to €9k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Schilde · 1 establishment unit since 1996
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.
Bunder 22970 SchildeGround area
1,943 m²
Building footprint
162 m²
Volume, LiDAR
1,013 m³
Parcel 11039A0430/00C002, Flanders · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B4
since 19962.077.614.195
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0430/00C002 | Flanders | 1,943 m² | 1 · 162 m² | 15.9 m · 2 fl. |
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
Pauwels Investments
BE 0630.627.682
Brugge · Eq €341k
Mundo Louvain-la-Neuve
BE 0777.470.242
Ottignies-Louvain-la-Neuve · Eq €345k
BLUESTONE SERVICE
BE 0842.668.395
Anderlecht · Eq €341k
EQUAL IMMO
BE 0644.437.415
Herstal · Eq €346k
IMMO NEVE
BE 0535.790.386
Mortsel · Eq €340k
Of 3,766 companies in sector 68321 we hold annual accounts for 1,390. 955 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-1995
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
68110Buying and selling of own real estate
68322Real estate activities
90029Arts creation and performing arts activities
90399Other support activities for arts and performing arts
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.