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ZINAQUA

Active
Private limited companyfounded 2022active for 3 yearsRue du Roua 22, 4140 Sprimont, BelgiumKBO/BCE: BE 0792.882.750
Summary

The computed 12-month bankruptcy probability of ZINAQUA is 2.0% (moderate). The 2025 annual accounts show negative equity (-€140,288) and a net result of €5,816. Equity is shrinking by about 33% per year across the filed financial years. Its solvency ranks better than 5% of 139 sector peers (NACE 37, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Sewerage
NACE 37000Plumbing work NACE 43221
1 site
Size
€59,375total assets 2025
Staff
1.2 FTE
Equity
-€140,288
Profit
€5,816
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Parent
L'ACTION · 99%
Accounts 81 days early1 of 5 deeds read
Why 52raises risk1 change of registered office in 24 monthsNegative equity -€140,288Size: 1.2 FTE, total assets €59,375lowers riskSector: Sewerage (NACE 37)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 29% of its sector peers (NACE 37, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -236.3% of total assets
Liquidity 3=
short-term debt 336.3% · cash 2.5%
Profitability 81+81
return on assets 9.8%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (113 companies, NACE 37, micro)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.8%▼ -0.1 percentage points vs 02-2025 04-2025: 2.8%● unchanged vs 03-2025 05-2025: 2.8%● unchanged vs 04-2025 06-2025: 2.7%▼ -0.1 percentage points vs 05-2025 07-2025: 3.2%▲ +0.5 percentage points vs 06-2025 08-2025: 3.2%● unchanged vs 07-2025 09-2025: 3.2%● unchanged vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.2%● unchanged vs 12-2025 02-2026: 6.7%▲ +3.5 percentage points vs 01-2026highest value 03-2026: 6.5%▼ -0.2 percentage points vs 02-2026 04-2026: 6.5%● unchanged vs 03-2026 05-2026: 6.5%● unchanged vs 04-2026 06-2026: 6.0%▼ -0.5 percentage points vs 05-2026 07-2026: 2.1%▼ -3.9 percentage points vs 06-2026 08-2026: 2.1%● unchanged vs 07-2026 09-2026: 2.1%● unchanged vs 08-2026 10-2026: 2.0%▼ -0.1 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.17, compared with 0.26 in 2024; short-term debt: 336.3% and cash: 2.5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 37, micro): better than 2% on solvency, 6% on liquidity, 62% on profitability and 46% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Sector: Sewerage (NACE 37)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€140,288
NBB · annual accounts
raises risk · Size: 1.2 FTE, total assets €59,375
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 139 sector peers (2025).
NBB · sector comparison
Position among 139 sector peers
Solvency
better than 5%
← weakest strongest →
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 11-05-2026, 81 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
81 days early
2024
34 days early
2023
1 day early
2022
26 days 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 36 days before the deadline; the sector median (NACE 37) for financial year 2024 is 6 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Registered officeRegistered-office move
  3. Back to profitnet €5,816

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€140,288 View
  • Caution: Among the weakest 5% on solvencysector median 43.5% · 139 companies -236.3% View
  • Positive: Back in profit in 2025after -€47,314 in 2024 €5,816 View
  • Controlled by L'ACTION 99% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€59,375
Profit
€5,816
Solvency
-236.3%
Total assets▼ 38.8%
Net result
20222025
Go to Financials

Timeline

Events
6
Since
2023
Next accounts
by 31-07-2027
  1. 27-06-2025Annual accounts filed
  2. 30-07-2024Annual accounts filed
  3. 05-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
SewerageNACE 37000
Founded
26-10-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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