ZM Bulkline
The computed 12-month bankruptcy probability of ZM Bulkline is 1.0% (low). The 2024 annual accounts show equity of €54k and a net result of €42k. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 991 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €54k |
| Net result | €42k |
| Staff (FTE) | 0.2 |
| Better than sector | 40% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 26.5% | 35.4% | |
| Net result | €42k | €29k | |
| Equity | €54k | €121k | |
| Gross operating margin | €78k | €171k | |
| Staff costs | €7k | €194k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €69k |
| Net profit | €42k |
| Cash flow | €47k |
| Staff costs | €7k |
| Income taxes | €14k |
| Dividends | €40k |
| Total assets | €204k |
| Equity | €54k |
| Debt | €150k |
| of which ≤ 1y | €49k |
| of which > 1y | €86k |
| Working capital | €138k |
| Employees (FTE) | 0.2 |
| 2024 | |
|---|---|
| Current ratio | 3.81 |
| Quick ratio | 3.70 |
| Working capital ratio | 67.3% |
| Solvency | 26.5% |
| Debt / equity | 2.77 |
| Long-term debt ratio | 1.60 |
| Interest coverage | 5.15 |
| Gross margin | - |
| Net margin | - |
| ROA | 20.7% |
| ROE | 78.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €204k |
| Fixed assets | 21/28 | €18k |
| Tangible fixed assets | 22/27 | €14k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €186k |
| Stocks & contracts in progress | 3 | €5k |
| Amounts receivable within one year | 40/41 | €175k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €204k |
| Equity | 10/15 | €54k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €5k |
| Accumulated profits (losses) | 14 | €31k |
| Amounts payable | 17/49 | €150k |
| Amounts payable after one year | 17 | €86k |
| Amounts payable within one year | 42/48 | €49k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Gross operating margin | 9900 | €78k |
| Operating result | 9901 | €64k |
| Financial income | 75 | €6k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €56k |
| Income taxes | 67/77 | €14k |
| Net result for the period | 9904 | €42k |
| Result to be appropriated | 9905 | €42k |
Former directors (1)
-
Former- → 31-12-2022
| NACE primary | Specialised construction(43240) |
| Legal form | Private limited company(610) |
| Incorporation | 02-12-2011 |
| Status | Active |
| Postal code | 2610 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0439/00S003 | Flanders | 285 m² | 1 · 85 m² | 9.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-02-2026 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"act_meta": {
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"pub_date": "2026-02-25",
"filing_date": "2026-02-17",
"act_kind_objet": "AANSTELLING VERVOERSMANAGER DD. 01/03/2026"
},
"key_dates": [
{
"date": "2026-02-25",
"label": "Publicatie datum"
},
{
"date": "2026-02-17",
"label": "Datum notari\u00EBle akte"
},
{
"date": "2026-03-01",
"label": "Datum aanstelling"
},
{
"date": "2026-03-01",
"label": "Datum algemene vergadering"
}
],
"key_parties": [
{
"kind": "person",
"name": "Martine No\u00E9",
"role": "Vervoersmanager"
},
{
"kind": "person",
"name": "Paul Begois",
"role": "Bestuurder"
}
],
"key_amounts_eur": [],
"subject_company": {
"kbo": "0841.535.079",
"name_full": "ZM BULKLINE",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
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"detected_real_type": "board_change"
}02-02-2026 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
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"name": "Maarten VANDEN HEEDE",
"firm_city": null,
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"office_city": "Antwerpen",
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"filing_date": "2026-01-29",
"act_kind_objet": "STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), DOEL, DIVERSEN, BENAMING"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2026-01-28",
"unanimous": true
},
"statute_change": {
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"targeted_amendment",
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],
"scope": "full_restatement",
"trigger": "wvv_adaptation",
"language_after": "nl",
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"subject_company": {
"kbo": "0841.535.079",
"name_full_after": "ZM Bulkline",
"legal_form_after": "BESloten Vennootschap",
"name_full_before": "LaTo",
"current_zetel_raw": "Volkerenlaan 47 2610 Antwerpen",
"legal_form_before": "BESloten Vennootschap"
},
"special_mandates": [
{
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"holder_name": "A.C.S.",
"scope_categories": [
"kbo",
"ubo",
"btw",
"publication",
"tax"
],
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}
],
"articles_modified": [
{
"summary": "De vennootschap neemt de vorm aan van een besloten vennootschap onder de naam \u201CZM Bulkline\u201D.",
"new_text": "De vennootschap neemt de vorm aan van een besloten vennootschap onder de naam \u201CZM Bulkline\u201D.",
"change_kind": "amended",
"article_title": "Naam",
"article_number": "1"
},
{
"summary": "De artikelen zijn uitgebreid met een gedetailleerde lijst van activiteiten, waaronder transport, bouw, installatie, en handel, met een algemene clausule voor bijdragen aan het voorwerp.",
"new_text": "- Aannemer van sloopwerken, slopen van gebouwen en andere bouwwerken.\n- Aannemer van niet metalen dakbedekkingen van gebouwen, vervaardigen van artikelen van\nvezelcement, cellulosecement e.d., golfplaten, andere platen, panelen, dakbedekkingen, buizen,\ntanks, troggen, bekkens, gootstenen, potten, enzovoort, dakwerkzaamheden, bouw van daken,\nplaatsen van dakbedekking van ongeacht welk materiaal.\n- ",
"change_kind": "amended",
"article_title": "Voorwerp",
"article_number": "4"
}
],
"governance_change": {
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"organ_kind_before": null,
"admin_delegated_added": [
{
"name": "A.C.S.",
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}
],
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},
"publication_proxy": {
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"org_name": null,
"person_name": "Maarten Vanden Heede",
"org_rep_person_name": null
},
"co_filed_documents": [
"afschrift akte",
"geco\u00F6rdineerde statuten",
"verslag bestuursorgaan"
],
"shareholder_rights": null,
"voorwerp_change_summary": "De vennootschap heeft tot voorwerp transportactiviteiten, zoals goederenvervoer over de weg, logistieke diensten, post en pakketten, en bemiddelingsactiviteiten. Daarnaast kan de vennootschap alle roerende, onroerende, handels-, industri\u00EBle en financi\u00EBle verrichtingen stellen die rechtstreeks of onrechtstreeks verband houden met het voorwerp of die de verwezenlijking ervan kunnen bevorderen, alsook belangen nemen in andere vennootschappen met een gelijkaardig of aanvullend voorwerp.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}20-12-2023 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Stephanie VOUNCKX",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-20",
"filing_date": "2023-12-16",
"act_kind_objet": "ONTSLAGEN, BENOEMINGEN, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), WIJZIGING RECHTSVORM, DIVERSEN"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2023-12-14",
"unanimous": true
},
"conversion": null,
"detected_kind": "other",
"report_waiver": null,
"restructuring": null,
"subject_company": {
"kbo": "0841.535.079",
"name_full": "PAUL DAK",
"legal_form": "BV"
},
"detected_kind_raw": "material_correction",
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Stephanie Vounckx",
"org_rep_person_name": null
},
"summary_narrative": "De algemene vergadering van de vennootschap PAUL DAK heeft eenparig besloten om de statuten aan te passen aan de nieuwe wetgeving, de eigen vermogensrekening op te heffen en volledig nieuwe statuten aan te nemen. De vergadering heeft ook besloten tot het ontslag en benoeming van de bestuurder Paul Begois, verleend volmachten aan het bestuursorgaan en beslist dat de notaris de statuten zal co\u00F6rdineren.",
"co_filed_documents": [
"afschrift akte",
"geco\u00F6rdineerde statuten"
],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": null
}07-07-2023 Amssoms Anja resigns as director
- Amssoms Anja, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Amssoms Anja",
"address": null,
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},
"effective_date": "2022-12-31",
"evidence_quote": "Hierbij wordt het ontslag genoteerd als bestuurder van Mevr. Amssoms Anja en dit vanaf 31/12/2022. Er wordt d\u00E9charge verleend voor haar mandaat.",
"discharge_granted": true
}
],
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"act_meta": {
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},
"subject_company": {
"kbo": "0841.535.079",
"name_full": "PAUL DAK",
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}
}04-06-2019 Change in the board of directors
Technical details
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"legal_form": "BVBA"
}
}25-02-2015 Bert Sips resigns as manager
- Bert Sips, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
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"name": "ROOFKING",
"address": null,
"country": null,
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},
"effective_date": "2015-02-11",
"evidence_quote": "De buitengewone algemene vergadering dd 10/02/2015 besluit met \u00E9\u00E9nparigheid van stemmen om de besloten vennootschap met beperkte aansprakelijkheid \u0022ROOFKING\u0022, met maatschappelijke zetel te 2000 Antwerpen, Generaal Belliardstraat 5/2, BE 0436.309.067, hier vertegenwoordigd door haar vaste vertegenwoo",
"discharge_granted": true
}
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"name_full": "PAUL DAK",
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}
}15-12-2011 Incorporation of a new BV
Technical details
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"dob": "1972-09-27",
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],
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"incorporation_date": "2011-12-02",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ZM Bulkline |