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ZIMPO

Active
Public limited companyfounded 20178 yrs activeBrusselsesteenweg 185, 1785 Merchtem, BelgiumKBO/BCE: BE 0685.500.978
Summary

The computed 12-month bankruptcy probability of ZIMPO is 3.2% (moderate). The 2025 annual accounts show equity of €112k and a net result of €-725k. Equity is growing by ~34.4% per year across the filed fiscal years. Its solvency ranks better than 13% of 723 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2023
Profitability0▼-7
Solvency28▲+10
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.47 in 2023; short-term debt: 96.3% and cash: 2.4% of total assets), and 97% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
3%
Return on assets
-19.6%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 723 sector peers (2025).
NBB · sector comparison
Position among 723 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 09-07-2025, 53 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
53 d early
2023
27 d late
2022
91 d late
2021
21 d early
2020
53 d late
2019
5 d early
2018
27 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€112k
2023 · €-163k
2019: €-11k 2020: €-22k▼ -102% vs 2019 2021: €58k▲ +363% vs 2020 2022: €54k▼ -7.0% vs 2021 2023: €-163k▼ -401% vs 2022lowest value 2025: €112khighest value
2019 → 2025
Total assets
€3.70M▲ 66.0%
2023 · €2.23M
2019: €101k 2020: €106k▲ +4.8% vs 2019 2021: €61k▼ -42.6% vs 2020 2022: €57k▼ -6.8% vs 2021lowest value 2023: €2.23M▲ +3826% vs 2022 2025: €3.70Mhighest value
2019 → 2025
Net result
€-725k▼ 234%
2023 · €-217k
2019: €-61k 2020: €-11k▲ +81.9% vs 2019 2021: €80k▲ +821% vs 2020highest value 2022: €-4k▼ -105% vs 2021 2023: €-217k▼ -5238% vs 2022 2025: €-725klowest value
2019 → 2025
Working capital
€-1.91M▼ 50.7%
2023 · €-1.26M
2019: €-11k 2020: €-22k▼ -102% vs 2019 2021: €58k▲ +363% vs 2020highest value 2022: €54k▼ -7.0% vs 2021 2023: €-1.26M▼ -2439% vs 2022 2025: €-1.91Mlowest value
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232025Trend
Equity€-22k-€58k€54k▼ 7.0%€-163k€112k 2020: €-22k 2021: €58k▲ +363% vs 2020 2022: €54k▼ -7.0% vs 2021 2023: €-163k▼ -401% vs 2022lowest value 2025: €112khighest value
Operating result€-11k-€88k€-2k€-217k▼ 10,644%€-710k▼ 227% 2020: €-11k 2021: €88k▲ +918% vs 2020highest value 2022: €-2k▼ -102% vs 2021 2023: €-217k▼ -10644% vs 2022 2025: €-710klowest value
Net result€-11k-€80k€-4k€-217k▼ 5,238%€-725k▼ 234% 2020: €-11k 2021: €80k▲ +821% vs 2020highest value 2022: €-4k▼ -105% vs 2021 2023: €-217k▼ -5238% vs 2022 2025: €-725klowest value
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-750k€-500k€-250k€0Operating result 2020: €-11k€-11kNet result 2020: €-11k€-11kOperating result 2021: €88k€88kNet result 2021: €80k€80kOperating result 2022: €-2k€-2kNet result 2022: €-4k€-4kOperating result 2023: €-217k€-217kNet result 2023: €-217k€-217kOperating result 2025: €-710k€-710kNet result 2025: €-725k€-725k20202021202220232025€-800k€-600k€-400k€-200k€0Operating result 2022: €-2k€-2kNet result 2022: €-4k€-4.1kOperating result 2023: €-217k€-217kNet result 2023: €-217k€-217kOperating result 2025: €-710k€-710kNet result 2025: €-725k€-725k202220232025
The operating result is €-710k in 2025, compared with €-217k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €3.70M
Fixed assets €2.04M ▲ 82.4%
Current assets €1.65M ▲ 49.5%
Equity and liabilities €3.70M
Equity €112k
Debt €3.58M
Debt finances 97.0% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2023
EBITDA
€-211k▼
2023 · €-180k
Cash flow
€-226k▼
2023 · €-180k
Current ratio
0.46▼
2023 · 0.47
Quick ratio
0.02▲
2023 · 0.02
Debt to equity
32.02▲
2023 · -14.67
ROE
-647.7%
ROA
-19.6%▼
2023 · -9.7%
Interest coverage
-16.05▲
2023 · -329.04
Debt ≤ 1 year
€3.56M▲
2023 · €2.37M
Income taxes
€3k
Staff costs
€1.92M▲
2023 · €506k
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 2023 · 45 lines
Balance sheet Code20232025
Assets
Total assets20/58€2.23M€3.70M▲
Fixed assets21/28€1.12M€2.04M▲
Tangible fixed assets22/27€1.12M€2.04M▲
Plant, machinery and equipment23€200k€305k▲
Furniture and vehicles24€36k€38k▲
Other tangible fixed assets26€884k€1.70M▲
Current assets29/58€1.11M€1.65M▲
Stocks and contracts in progress3€1.07M€1.57M▲
Stocks30/36€1.07M€1.57M▲
Amounts receivable within one year40/41€6k-
Trade receivables40€6k-
Cash at bank and in hand54/58€30k€87k▲
Equity and liabilities
Total equity and liabilities10/49€2.23M€3.70M▲
Equity10/15€-163k€112k▲
Contributions10/11€62k€1.06M▲
Capital10€62k€1.06M▲
Issued capital100€62k€1.06M▲
Profit (loss) carried forward14€-224k€-950k▼
Amounts payable17/49€2.39M€3.58M▲
Amounts payable within one year42/48€2.37M€3.56M▲
Trade debts44€1.95M€240k▼
Suppliers440/4€1.95M€240k▼
Taxes, remuneration and social security45€192k€575k▲
Taxes450/3€39k€366k▲
Remuneration and social security454/9€153k€209k▲
Other amounts payable47/48€229k€2.74M▲
Accrued charges and deferred income492/3€18k€25k▲
Income statement Code20232025
Remuneration, social security and pensions62€506k€1.92M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€499k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€25k
Other operating charges640/8€21k€59k▲
Non-recurring operating charges66A-€23k
Gross operating margin9900€347k€1.82M▲
Operating profit (loss)9901€-217k€-710k▼
Financial income75/76B€600€1k▲
Recurring financial income75€600€1k▲
Financial charges65/66B€548€13k▲
Recurring financial charges65€548€13k▲
Profit (loss) for the period before taxes9903€-217k€-722k▼
Income taxes67/77-€3k
Profit (loss) for the period9904€-217k€-725k▼
Profit (loss) for the period to be appropriated9905€-217k€-725k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-224k€-950k▼
Profit (loss) brought forward from the previous period14P€-7k€-224k▼
Social balance
Average headcount (FTE)90879.726.3▲

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

Accounts by statement
Line20202021202220232025Change
Remuneration, social security and pensions62---€506k€1.92M-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€37k€499k-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€25k-
Other operating charges640/8--€797€21k€59k-
Non-recurring operating charges66A----€23k-
Gross operating margin9900€-11k€99k€-1k€347k€1.82M-
Operating profit (loss)9901€-11k€88k€-2k€-217k€-710k-
Financial income75/76B---€600€1k-
Recurring financial income75---€600€1k-
Financial charges65/66B--€173€548€13k-
Recurring financial charges65€334€8k€173€548€13k-
Profit (loss) for the period before taxes9903€-11k€80k€-2k€-217k€-722k-
Income taxes67/77--€2k-€3k-
Profit (loss) for the period9904€-11k€80k€-4k€-217k€-725k-
Profit (loss) for the period to be appropriated9905€-11k€80k€-4k€-217k€-725k-
Line20202021202220232025Change
Assets
Total assets20/58€106k€61k€57k€2.23M€3.70M-
Fixed assets21/28---€1.12M€2.04M-
Tangible fixed assets22/27---€1.12M€2.04M-
Plant, machinery and equipment23---€200k€305k-
Furniture and vehicles24---€36k€38k-
Other tangible fixed assets26---€884k€1.70M-
Current assets29/58€106k€61k€57k€1.11M€1.65M-
Stocks and contracts in progress3---€1.07M€1.57M-
Stocks30/36---€1.07M€1.57M-
Amounts receivable within one year40/41€105k€437€23k€6k--
Trade receivables40---€6k--
Other amounts receivable41--€23k---
Cash at bank and in hand54/58€693€60k€34k€30k€87k-
Equity and liabilities
Total equity and liabilities10/49€106k€61k€57k€2.23M€3.70M-
Equity10/15€-22k€58k€54k€-163k€112k-
Contributions10/11€62k€62k€62k€62k€1.06M-
Capital10--€62k€62k€1.06M-
Issued capital100--€62k€62k€1.06M-
Profit (loss) carried forward14€-84k€-3k€-7k€-224k€-950k-
Amounts payable17/49€128k€3k€3k€2.39M€3.58M-
Amounts payable within one year42/48€128k€3k€3k€2.37M€3.56M-
Trade debts44€14k€3k€3k€1.95M€240k-
Suppliers440/4--€3k€1.95M€240k-
Taxes, remuneration and social security45---€192k€575k-
Taxes450/3---€39k€366k-
Remuneration and social security454/9---€153k€209k-
Other amounts payable47/48---€229k€2.74M-
Accrued charges and deferred income492/3---€18k€25k-
Line20202021202220232025Change
Profit (loss) for the period9904€-11k€80k€-4k€-217k€-725k-
+ Depreciation and write-downs630---€37k€499k-
Operating cash flow (approximation)€-11k€80k€-4k€-180k€-226k-
Change in cash-€60k€-26k€-4k--

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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Timeline · acts, filings and financial milestones

2026
21-09
State Gazette act Reappointments: Jo Willemyns, Kris Castelein and Stefaan Vandamme
Resignations: Stefan Goethaert BV (director) and Stefaan Vandamme (director) · Appointments: Stefan Goethaert BV, Peter Vanbellingen and Michaël Hamelryck · Permanent representatives: Stefan Goethaert, Matthias Hindriks and Geoffrey Baudts23 facts ▸
  • General meeting, 09-06-2026
  • Director reappointment, Jo Willemyns (director)
  • Director reappointment, Kris Castelein (director)
  • Director reappointment, Stefaan Vandamme (director)
  • Director resignation, Stefan Goethaert BV (director)
  • Director appointment, Stefan Goethaert BV (director)
  • Permanent representative, Stefan Goethaert (permanent representative)
  • Director appointment, Peter Vanbellingen (director)
  • Board meeting, 23-07-2026
  • Other statement, 00u00, einde aan delegatie dagelijks bestuur
  • Permanent representative, Matthias Hindriks (permanent representative)
  • Other statement, 00u00, dagelijks bestuur en vertegenwoordiging
  • +11 further facts in this act
2025
09-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-01
Financial Weakest financial yearnet €-725k
Net result drops to €-725k, the lowest in the series.
31-01
Financial Equity above €100kEq €112k
Equity rises from €-163k to €112k.
2024
27-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
30-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 91 days late
2022
07-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-07
Financial Back to profitnet €80k
Net result €80k after 2 loss-making years.
31-07
Financial Liquidity times 27current ratio 22.23
Current ratio from 0.83 to 22.23; short-term debt falls from €128k to €3k.
22-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 53 days late
2020
24-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26117877). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Michael Hamelryck
Director · since 01-08-2026
Current
Jo Willemyns
Director · since 09-06-2026
Current
Kris Castelein
Director · since 09-06-2026
Current
Stefan Goethaert BV
Director · since 09-06-2026 · Legal entity · perm. rep.: Stefan Goethaert
Current
VANBELLINGEN Peter
Director · since 09-06-2026
Current
01-08-2026 Michael Hamelryck: Appointed as Director
01-08-2026 Stefaan Vandamme: Reappointed as Director
09-06-2026 Jo Willemyns: Mandate renewed as Director
09-06-2026 Kris Castelein: Mandate renewed as Director
09-06-2026 Stefan Goethaert BV: Reappointed as Director
Full history in the Timeline (6 changes) →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Merchtem · 8 establishment units since 2018
seat establishment approximate All 8 establishment units on the map
Ground area
7.8 ha
Building footprint
2.3 ha
Volume, LiDAR
166,685 m³
8 parcels, Flanders, Wallonia · tallest building 16.2 m, ±3 floors. Linked by address, not a title deed.
20 companies at this address See who is registered here
8 establishment units
ZIMPO
Brusselsesteenweg 185, 1785 MerchtemFreight transport by road
since 20182.273.445.121
ZEB Braine l'Alleud
Chaussée de Tubize 65, 1420 Braine-l'AlleudRetail sale of women's outerwear
since 20232.341.452.712
ZEB Couillet
Route de Philippeville 329, 6010 CharleroiRetail sale of women's outerwear
since 20232.341.452.811
ZEB Gembloux
Chaussée de Charleroi,Gd-M. 61bis, 5030 GemblouxRetail sale of women's outerwear
since 20232.341.452.910
ZEB Auvelais
Rue Bois Sainte Marie(AUV) 124, 5060 SambrevilleRetail sale of clothing and accessories for women, men, children and babies (general range)
since 20232.337.886.278
ZEB Chatelineau
Rue de Gilly 652, 6200 ChâteletRetail sale of clothing and accessories for women, men, children and babies (general range)
since 20232.340.338.992
Show 2 more locations
ZEB Eghezée
Chaussée de Namur 81, 5310 EghezéeRetail sale of women's outerwear
since 20232.344.061.121
ZEB La Louvière
Rue de la Franco-Belge(L.L) 218, 7100 La LouvièreRetail sale of clothing and accessories for women, men, children and babies (general range)
since 20262.391.374.850
8 parcels
Flanders 1 (12.5%) Wallonia 7 (87.5%)
Parcel (capakey) Region Area Buildings Height / fl.
92007A0522/00N000 Wallonia 4.2 ha 1 · 1.5 ha 7.9 m · 2 fl.
25014A0628/00E002 Wallonia 1.6 ha 1 · 6,620 m² 16.2 m · 3 fl.
92053A0165/00Z000 Wallonia 1.0 ha - -
23602I0093/00H003 Flanders 4,312 m² 1 · 1,588 m² 12.8 m · 3 fl.
92035B0154/00Y005 Wallonia 3,301 m² 1 · 414 m² -
52014B0067/00L005 Wallonia 550 m² 1 · 6 m² 2.1 m · 1 fl.
55022A0355/00D009 Wallonia 485 m² - -
52502C0053/00X021 Wallonia 374 m² 1 · 46 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
8 of 8 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Other provisions of the articles (2)

Structure & network

Connections & network

53 connected companies
Linked via shared directors
Show 49 more companies with a shared director
BIO-PLANET
via Kris Castelein · Director
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CODEVCO X
via Kris Castelein · Director
→
→
→
→
Codevco XXIV
via Michael Hamelryck · Non-statutory director
→
Codevco XXV
via Michael Hamelryck · Non-statutory director
→
→
DAVYTRANS
via Kris Castelein · Director
→
DO Invest
via Kris Castelein · Director
→
FLEETCO
via Kris Castelein · Director
→
Holding De Prins
via Michael Hamelryck · Non-statutory director
→
→
VALFRAIS
via Michael Hamelryck · Non-statutory director
→
VISIEBLE
via Michael Hamelryck · Non-statutory director
→
Vlevico
via Kris Castelein · Director
→
WITEB 15
via Kris Castelein · Non-statutory director
→
WITEB 16
via Kris Castelein · Non-statutory director
→
WITEB 17
via Kris Castelein · Non-statutory director
→
YZOLAM
via Michael Hamelryck · Non-statutory director
→
CGMI
via Kris Castelein · Director
former→
DREAMLAND
via Kris Castelein · Director
former→
former→
former→

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2024 1 2,000 EUR2,000 EUR
Schemes
Hinderpremie bij openbare werken
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Gembloux2.341.452.910
1 permission
Verkooppunt LM>3 maand · since 12-09-2023

Similar companies · same sector, comparable size

Of 3,188 companies in sector 52250 we hold annual accounts for 1,954. 1,374 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded30-11-2017
Fiscal year end31-01
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52250Logistics services

Scores and ratios are computed by Checked and are not a credit decision.