Skip to content

ZINED

Active
Private limited companyfounded 20223 yrs activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 0792.235.622
Summary

The computed 12-month bankruptcy probability of ZINED is 2.8% (moderate). The 2024 annual accounts show equity of €12,022 and a net result of €8,978. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency99▲+27
Growth78
Track record94
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 3.85 against 1.9 in 2023; short-term debt: 25.5% and cash: 39.6% of total assets), and 25.5% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
74.5%
Return on assets
55.6%
Age of the figures
21 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 22-06-2026, 39 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
39 d early
2024
50 d early
2023
64 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 11 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

On 10 October 2022, ZINED was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€12,022▲ 295%
2023 · €3,044
Total assets
€16,146▲ 151%
2023 · €6,421
Net result
€8,978
2023 · -€1,956
Working capital
€11,771▲ 287%
2023 · €3,044
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€1,943-€10,946
Net result-€1,956below the sector's middle half-€8,978within the sector's middle half
Equity€3,044below the sector's middle half-€12,022below the sector's middle half▲ 295%
Total assets€6,421below the sector's middle half-€16,146below the sector's middle half▲ 151%
Debt€3,377-€4,124▲ 22.1%
Working capital€3,044below the sector's middle half-€11,771within the sector's middle half▲ 287%
Solvency47.4%within the sector's middle half-74.5%above the sector's middle half▲ 27.1pp
Current ratio1.90within the sector's middle half-3.85above the sector's middle half▲ 1.95
Return on assets (ROA)-30.5%below the sector's middle half-55.6%above the sector's middle half▲ 86.1pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2023: -€1,943-€1,943Net result 2023: -€1,956-€1,956Operating result 2024: €10,946€10,946Net result 2024: €8,978€8,97820232024-€5,000€0€5,000€10,000Operating result 2023: -€1,943-€1,940Net result 2023: -€1,956-€1,960Operating result 2024: €10,946€10,900Net result 2024: €8,978€8,98020232024
The operating result returns to profit in 2024: €10,946 after a loss of €1,943 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16,146
Fixed assets €251
Current assets €15,895
Equity and liabilities €16,146
Equity €12,022 ▲ 295%
Debt €4,124 ▲ 22.1%
Debt's share of the balance-sheet total falls from 52.6% to 25.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€10,981
Cash flow
€9,013
Debt to equity
0.34▼
2023 · 1.11
ROE
74.7%▲
2023 · -64.3%
Interest coverage
51.96
Debt ≤ 1 year
€4,124▲
2023 · €3,377
Income taxes
€1,800
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.8% 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 497,338 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% 1.9%
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% 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 39,278 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 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€6,421€16,146▲
Fixed assets21/28-€251
Tangible fixed assets22/27-€251
Furniture and vehicles24-€251
Current assets29/58€6,421€15,895▲
Amounts receivable within one year40/41€5,791€2,043▼
Trade receivables40€4,792€1,354▼
Other amounts receivable41€999€690▼
Cash at bank and in hand54/58€630€6,400▲
Deferred charges and accrued income490/1-€7,452
Equity and liabilities
Total equity and liabilities10/49€6,421€16,146▲
Equity10/15€3,044€12,022▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€1,956€7,022▲
Amounts payable17/49€3,377€4,124▲
Amounts payable within one year42/48€3,377€4,124▲
Trade debts44-€1,264
Suppliers440/4-€1,264
Taxes, remuneration and social security45€43€1,800▲
Taxes450/3€43€1,800▲
Other amounts payable47/48€3,334€1,060▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€35
Other operating charges640/8-€244
Gross operating margin9900-€1,943€11,225▲
Operating profit (loss)9901-€1,943€10,946▲
Financial income75/76B-€44
Recurring financial income75-€44
Financial charges65/66B€13€211▲
Recurring financial charges65€13€211▲
Profit (loss) for the period before taxes9903-€1,956€10,778▲
Income taxes67/77-€1,800
Profit (loss) for the period9904-€1,956€8,978▲
Profit (loss) for the period to be appropriated9905-€1,956€8,978▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,956€7,022▲
Profit (loss) brought forward from the previous period14P--€1,956

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

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€35-
Other operating charges640/8-€244-
Gross operating margin9900-€1,943€11,225▲ 678%
Operating profit (loss)9901-€1,943€10,946▲ 663%
Financial income75/76B-€44-
Recurring financial income75-€44-
Financial charges65/66B€13€211▲ 1,556%
Recurring financial charges65€13€211▲ 1,556%
Profit (loss) for the period before taxes9903-€1,956€10,778▲ 651%
Income taxes67/77-€1,800-
Profit (loss) for the period9904-€1,956€8,978▲ 559%
Profit (loss) for the period to be appropriated9905-€1,956€8,978▲ 559%
Line20232024Change
Assets
Total assets20/58€6,421€16,146▲ 151%
Fixed assets21/28-€251-
Tangible fixed assets22/27-€251-
Furniture and vehicles24-€251-
Current assets29/58€6,421€15,895▲ 148%
Amounts receivable within one year40/41€5,791€2,043▼ 64.7%
Trade receivables40€4,792€1,354▼ 71.8%
Other amounts receivable41€999€690▼ 31.0%
Cash at bank and in hand54/58€630€6,400▲ 915%
Deferred charges and accrued income490/1-€7,452-
Equity and liabilities
Total equity and liabilities10/49€6,421€16,146▲ 151%
Equity10/15€3,044€12,022▲ 295%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€1,956€7,022▲ 459%
Amounts payable17/49€3,377€4,124▲ 22.1%
Amounts payable within one year42/48€3,377€4,124▲ 22.1%
Trade debts44-€1,264-
Suppliers440/4-€1,264-
Taxes, remuneration and social security45€43€1,800▲ 4,095%
Taxes450/3€43€1,800▲ 4,095%
Other amounts payable47/48€3,334€1,060▼ 68.2%
Line20232024Change
Profit (loss) for the period9904-€1,956€8,978▲ 559%
+ Depreciation and write-downs630-€35-
Operating cash flow (approximation)-€1,956€9,013▲ 561%
Change in cash-€5,769-

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

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €8,978
Net result €8,978 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 3.85
Current ratio from 1.90 to 3.85.
28-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has 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
2 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, Kraainem · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963 companies at this address See who is registered here
1 establishment unit
ZINED
Steenweg op Mechelen 455, 1950 KraainemGeneral electrical installation work
since 20222.337.871.333
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 fl.
Linked by address, not proof of ownership
Good to know
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

Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 6,033 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43310Plastering work
43341Painting of buildings
43350Other building finishing work
Contact
E-mail ZINED.BV@GMAIL.COM
Phone 0486269198
E-invoicing
Reachable via Peppol
Peppol ID 0208:0792235622
Also 9925:BE0792235622
Registered 30-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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