ZLights
ActiveSummary
The computed 12-month bankruptcy probability of ZLights is 1.7% (moderate). The 2024 annual accounts show equity of €14k and a net result of €-2k. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 288 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability14▲+2
Solvency60▼-3
Growth22=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.51 against 1.55 in 2023; short-term debt: 64.5% and cash: 2% of total assets), but 64.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% 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 2024Solvency, return and age of the figures
Solvency
35.5%
Return on assets
-4%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-12-2025, 132 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
132 d late
2023
61 d late
2022
61 d late
2021
61 d late
2020
61 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€15k▼ 89.5%
2018 · €143k
2018: €143k
2020: €15k
2018 → 2020
EBIT margin
18.6%▼ 2.1pp
2018 · 20.8%
2018: 20.8%
2020: 18.6%
2018 → 2020
Net result
€-2k▲ 32.7%
2023 · €-2k
2018: €22khighest in 7 years
2019: €-9k▼ -142% vs 2018lowest in 7 years
2020: €6k▲ +169% vs 2019
2021: €-6k▼ -187% vs 2020
2022: €-3k▲ +51.0% vs 2021
2023: €-2k▲ +12.4% vs 2022
2024: €-2k▲ +32.7% vs 2023
2018 → 2024
Working capital
€13k▼ 7.8%
2023 · €14k
2018: €24khighest in 7 years
2019: €15k▼ -37.3% vs 2018
2020: €23k▲ +49.1% vs 2019
2021: €18k▼ -18.3% vs 2020
2022: €16k▼ -11.6% vs 2021
2023: €14k▼ -11.3% vs 2022
2024: €13k▼ -7.8% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€15k-
Equity€27k-€21k▼ 21.0%€18k▼ 13.0%€16k▼ 13.1%€14k▼ 10.1%
2020: €27khighest in 5 years
2021: €21k▼ -21.0% vs 2020
2022: €18k▼ -13.0% vs 2021
2023: €16k▼ -13.1% vs 2022
2024: €14k▼ -10.1% vs 2023lowest in 5 years
Operating result€3k-€-7k€-5k▲ 37.0%€-4k▲ 22.0%€-3k▲ 15.5%
2020: €3khighest in 5 years
2021: €-7k▼ -359% vs 2020lowest in 5 years
2022: €-5k▲ +37.0% vs 2021
2023: €-4k▲ +22.0% vs 2022
2024: €-3k▲ +15.5% vs 2023
Net result€6k-€-6k€-3k▲ 51.0%€-2k▲ 12.4%€-2k▲ 32.7%
2020: €6khighest in 5 years
2021: €-6k▼ -187% vs 2020lowest in 5 years
2022: €-3k▲ +51.0% vs 2021
2023: €-2k▲ +12.4% vs 2022
2024: €-2k▲ +32.7% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €4k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40k
Fixed assets
€969 ▼ 33.3%
Current assets
€39k ▼ 3.9%
Equity and liabilities €40k
Equity
€14k ▼ 10.1%
Debt
€26k ▼ 1.8%
Debt's share of the balance-sheet total rises from 62.5% to 64.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▲
2023 · €-3k
Cash flow
€-1k▲
2023 · €-2k
Current ratio
1.51▼
2023 · 1.55
Debt to equity
1.82▲
2023 · 1.66
ROE
-11.3%▲
2023 · -15.0%
ROA
-4.0%▲
2023 · -5.6%
Interest coverage
-40.01▼
2023 · -11.33
Debt ≤ 1 year
€26k▼
2023 · €26k
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 · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€42k€40k▼
Fixed assets21/28€1k€969▼
Tangible fixed assets22/27€1k€969▼
Furniture and vehicles24€1k€969▼
Current assets29/58€41k€39k▼
Amounts receivable within one year40/41€40k€38k▼
Trade receivables40€15k€15k=
Other amounts receivable41€25k€23k▼
Cash at bank and in hand54/58€760€803▲
Equity and liabilities
Total equity and liabilities10/49€42k€40k▼
Equity10/15€16k€14k▼
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€8k€7k▼
Amounts payable17/49€26k€26k▼
Amounts payable within one year42/48€26k€26k▼
Financial debts43€89-
Credit institutions430/8€89-
Trade debts44€26k€26k▼
Suppliers440/4€26k€26k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€546€485▼
Other operating charges640/8€396€545▲
Gross operating margin9900€-3k€-2k▲
Operating profit (loss)9901€-4k€-3k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€267€63▼
Recurring financial charges65€267€63▼
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€7k▼
Profit (loss) brought forward from the previous period14P€11k€8k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €15k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €5k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €591 | €546 | €485 | ▼ 11.2% |
| Other operating charges640/8 | - | €860 | €487 | €396 | €545 | ▲ 37.8% |
| Gross operating margin9900 | €5k | €-5k | €-3k | €-3k | €-2k | ▲ 24.5% |
| Operating profit (loss)9901 | €3k | €-7k | €-5k | €-4k | €-3k | ▲ 15.5% |
| Financial income75/76B | - | €2k | €2k | €1k | €1k | ▲ 1.6% |
| Recurring financial income75 | €3k | €2k | €2k | €1k | €1k | ▲ 1.6% |
| Financial charges65/66B | - | €100 | €181 | €267 | €63 | ▼ 76.3% |
| Recurring financial charges65 | €75 | €100 | €181 | €267 | €63 | ▼ 76.3% |
| Profit (loss) for the period before taxes9903 | €6k | €-6k | €-3k | €-2k | €-2k | ▲ 32.7% |
| Income taxes67/77 | €-561 | - | - | - | - | - |
| Profit (loss) for the period9904 | €6k | €-6k | €-3k | €-2k | €-2k | ▲ 32.7% |
| Profit (loss) for the period to be appropriated9905 | €6k | €-6k | €-3k | €-2k | €-2k | ▲ 32.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53k | €48k | €47k | €42k | €40k | ▼ 4.9% |
| Fixed assets21/28 | €4k | €3k | €2k | €1k | €969 | ▼ 33.3% |
| Tangible fixed assets22/27 | €4k | €3k | €2k | €1k | €969 | ▼ 33.3% |
| Plant, machinery and equipment23 | - | €168 | €61 | - | - | - |
| Furniture and vehicles24 | - | €2k | €2k | €1k | €969 | ▼ 33.3% |
| Current assets29/58 | €49k | €45k | €45k | €41k | €39k | ▼ 3.9% |
| Amounts receivable within one year40/41 | €43k | €44k | €45k | €40k | €38k | ▼ 4.1% |
| Trade receivables40 | - | €15k | €15k | €15k | €15k | = |
| Other amounts receivable41 | - | €29k | €29k | €25k | €23k | ▼ 6.5% |
| Cash at bank and in hand54/58 | €5k | €1k | €760 | €760 | €803 | ▲ 5.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53k | €48k | €47k | €42k | €40k | ▼ 4.9% |
| Equity10/15 | €27k | €21k | €18k | €16k | €14k | ▼ 10.1% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | - | €1k | €1k | €1k | €1k | = |
| Reserves not available under the articles1311 | - | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €19k | €14k | €11k | €8k | €7k | ▼ 19.0% |
| Amounts payable17/49 | €26k | €27k | €29k | €26k | €26k | ▼ 1.8% |
| Amounts payable within one year42/48 | €26k | €27k | €29k | €26k | €26k | ▼ 1.8% |
| Financial debts43 | - | - | €3k | €89 | - | - |
| Credit institutions430/8 | - | - | €3k | €89 | - | - |
| Trade debts44 | €26k | €27k | €26k | €26k | €26k | ▼ 1.5% |
| Suppliers440/4 | - | €27k | €26k | €26k | €26k | ▼ 1.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €-6k | €-3k | €-2k | €-2k | ▲ 32.7% |
| + Depreciation and write-downs630 | €1k | €1k | €591 | €546 | €485 | ▼ 11.2% |
| Operating cash flow (approximation) | €8k | €-4k | €-2k | €-2k | €-1k | ▲ 39.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-4k | €-268 | €0 | €43 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 132 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
03-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 125 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Scherpenheuvel-Zichem · 1 establishment unit since 2016
Ground area
4,089 m²
Building footprint
369 m²
Volume, LiDAR
1,653 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ZLights
since 20162.258.767.239
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24060A0423/00B003 | Flanders | 2,886 m² | 1 · 237 m² | 6.3 m · 2 fl. |
| 24005A0114/00P007 | Flanders | 1,203 m² | 1 · 132 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 257 companies in sector 27402 we hold annual accounts for 157. 70 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 (pre-2019)
Founded27-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
27402Manufacture of electrical equipment
43211General electrical installation work
43212Electrical installation work in industrial facilities
46474Wholesale trade
47552Retail sale of lighting equipment
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.