ZINGAMETALL
ActiveZINGAMETALL has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.53M and a net result of €88k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 55% of 143 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
86
/ 100
Excellent▲ +3 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▼-71
Solvency99▲+35
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 2.78 against 1.54 in 2023), and 44.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Sector 20
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.5%
Return on assets
3.2%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
56 d early
2022
52 d early
2021
52 d early
2020
29 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.53M▲ 6.1%
2023 · €1.44M
2018: €2.40M
2019: €2.60M
2020: €2.64M
2021: €2.87M
2022: €3.04M
2023: €1.44M
2018 → 2024
Total assets
€2.76M▼ 39.4%
2023 · €4.56M
2018: €3.55M
2019: €3.86M
2020: €4.06M
2021: €3.95M
2022: €4.21M
2023: €4.56M
2018 → 2024
Net result
€88k▼ 72.3%
2023 · €319k
2018: €155k
2019: €429k
2020: €411k
2021: €382k
2022: €323k
2023: €319k
2018 → 2024
Working capital
€1.52M▲ 3.9%
2023 · €1.46M
2018: €1.51M
2019: €1.68M
2020: €1.60M
2021: €2.92M
2022: €3.12M
2023: €1.46M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.64M-€2.87M▲ 8.8%€3.04M▲ 5.7%€1.44M▼ 52.4%€1.53M▲ 6.1%
Operating result€575k-€485k▼ 15.6%€450k▼ 7.2%€441k▼ 2.2%€113k▼ 74.4%
Net result€411k-€382k▼ 7.0%€323k▼ 15.5%€319k▼ 1.3%€88k▼ 72.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 74% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.76M
Fixed assets
€392k▲ 1.1%
Current assets
€2.37M▼ 43.2%
Equity and liabilities €2.76M
Equity
€1.53M▲ 6.1%
Provisions
€372k=
Debt
€855k▼ 68.8%
The debt ratio falls from 60.1% to 31.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€200k▼
2023 · €512k
Cash flow
€176k▼
2023 · €390k
Solvency
55.5%▲
2023 · 31.7%
Current ratio
2.78▲
2023 · 1.54
Quick ratio
2.18▲
2023 · 1.35
Debt / equity
0.56▼
2023 · 1.90
ROE
5.8%▼
2023 · 22.1%
ROA
3.2%▼
2023 · 7.0%
Interest coverage
15.29▼
2023 · 16.66
Debt
€855k▼
2023 · €2.74M
Debt ≤ 1 year
€853k▼
2023 · €2.71M
Income taxes
€37k▼
2023 · €126k
Staff costs
€882k▼
2023 · €894k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€4.56M€2.76M▼
Fixed assets21/28€388k€392k▲
Intangible fixed assets21€103k€104k▲
Tangible fixed assets22/27€280k€283k▲
Land and buildings22€22k€18k▼
Plant, machinery and equipment23€244k€228k▼
Furniture and vehicles24€14k€38k▲
Financial fixed assets28€5k€5k=
Current assets29/58€4.17M€2.37M▼
Stocks and contracts in progress3€505k€511k▲
Stocks30/36€505k€511k▲
Amounts receivable within one year40/41€3.21M€1.20M▼
Trade receivables40€1.37M€1.13M▼
Other amounts receivable41€1.85M€62k▼
Cash at bank and in hand54/58€448k€660k▲
Equity and liabilities
Total equity and liabilities10/49€4.56M€2.76M▼
Equity10/15€1.44M€1.53M▲
Contributions10/11€93k€93k=
Reserves13€1.35M€1.44M▲
Non-distributable reserves130/1€9k€9k=
Reserves not available under the articles1311€9k€9k=
Distributable reserves133€1.34M€1.43M▲
Provisions and deferred taxes16€372k€372k=
Provisions for liabilities and charges160/5€372k€372k=
Other liabilities and charges164/5€372k€372k=
Amounts payable17/49€2.74M€855k▼
Amounts payable within one year42/48€2.71M€853k▼
Trade debts44€401k€415k▲
Suppliers440/4€401k€415k▲
Advances received on contracts in progress46-€82k
Taxes, remuneration and social security45€398k€223k▼
Taxes450/3€282k€147k▼
Remuneration and social security454/9€115k€75k▼
Other amounts payable47/48€1.91M€133k▼
Accrued charges and deferred income492/3€30k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€894k€882k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€87k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€1.41M€1.09M▼
Operating profit (loss)9901€441k€113k▼
Financial income75/76B€35k€26k▼
Recurring financial income75€35k€26k▼
Financial charges65/66B€31k€13k▼
Recurring financial charges65€31k€13k▼
Profit (loss) for the period before taxes9903€445k€125k▼
Income taxes67/77€126k€37k▼
Profit (loss) for the period9904€319k€88k▼
Profit (loss) for the period to be appropriated9905€319k€88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€319k€88k▼
Transfer from equity791/2€1.59M-
Transfer to equity691/2-€88k
To other reserves6921-€88k
Profit to be distributed694/7€1.91M-
Return on contributions (dividend)694€1.91M-
Social balance
Average headcount (FTE)908712.411.6▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €88k ▼72.3%
Net result drops to €88k, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 5.22
Current ratio from 2.56 to 5.22; short-term debt falls from €1.03M to €692k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €429k ▲177%
Net result €429k, the highest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Nazareth-De Pinte · 1 establishment unit since 1981
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.
Rozenstraat 49810 Nazareth-De PinteGround area
2,114 m²
Building footprint
1,026 m²
Parcel 44018A0103/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
ZINGAMETALL
since 19812.035.519.264
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44018A0103/00K000 | Flanders | 2,114 m² | 1 · 1,026 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 403,903 EUR awarded · 94,960 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 316,330 EUR | 8,611 EUR |
| 2024 | 1 | 2,736 EUR | 1,512 EUR |
| 2023 | 2 | 79,057 EUR | 79,135 EUR |
| 2022 | 3 | 5,780 EUR | 5,702 EUR |
Schemes
Ontwikkelingsproject
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 691 companies in sector 20300 we hold annual accounts for 443. 281 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-1981
Fiscal year end31-12
Activities, NACEBEL
20300Manufacture of chemicals and chemical products
46442Wholesale trade
51442
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.