ZMART
Open bankruptcyA bankruptcy procedure is open for ZMART according to publications in the Belgian State Gazette; curator: SOPHIE VANHOMWEGEN.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €15,868 and a net result of -€10,734.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 3 November 2025
- Supervising judge
- Leon Niessen
- Official Gazette
- 10-11-2025 (pdf) ↗search the document for 2025/146250
Deadlines
- Appeal or third-party opposition until
- passed on 25 November 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 3 December 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 10 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 3 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Sophie VanhomwegenDreve Des Renards 8/7, 1180 Ucclesophie@dechamps-avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of ZMART in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-09-2024, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
57 d late
2022
134 d late
2021
92 d late
2019
70 d late
← 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 88 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Agents in non-specialised wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€15,868▼ 40.4%
2022 · €26,603
Total assets
€36,193▼ 25.5%
2022 · €48,596
Net result
-€10,734
2022 · €7,613
Working capital
€8,919▼ 52.2%
2022 · €18,654
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line2019202120222023
Operating result-€9,152-€27,689-€14,013▼ 49.4%-€10,522
Net result-€9,227-€18,476within the sector's middle half-€7,613within the sector's middle half▼ 58.8%-€10,734below the sector's middle half
Equity-€3,027-€18,988within the sector's middle half-€26,603within the sector's middle half▲ 40.1%€15,868within the sector's middle half▼ 40.4%
Total assets€21,858-€28,281below the sector's middle half-€48,596below the sector's middle half▲ 71.8%€36,193below the sector's middle half▼ 25.5%
Debt€24,885-€9,293-€21,993▲ 137%€20,325▼ 7.6%
Working capital-€9,169-€11,773-€18,654▲ 58.4%€8,919▼ 52.2%
Solvency-13.8%-67.1%above the sector's middle half-54.7%within the sector's middle half▼ 12.4pp43.8%within the sector's middle half▼ 10.9pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
The operating result turns negative in 2023: a loss of €10,522 after €14,013 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €36,193
Fixed assets
€6,949 ▼ 12.6%
Current assets
€29,244 ▼ 28.1%
Equity and liabilities €36,193
Equity
€15,868 ▼ 40.4%
Debt
€20,325 ▼ 7.6%
Debt's share of the balance-sheet total rises from 45.3% to 56.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€9,522▼
2022 · €15,014
Cash flow
-€9,734▼
2022 · €8,614
Current ratio
1.44▼
2022 · 1.85
Debt to equity
1.28▲
2022 · 0.83
ROE
-67.6%▼
2022 · 28.6%
ROA
-29.7%▼
2022 · 15.7%
Interest coverage
-43.28▼
2022 · 84.82
Debt ≤ 1 year
€20,325▼
2022 · €21,993
Staff costs
€36,740▲
2022 · €21,799
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €3,803 | €21,799 | €36,740 | ▲ 68.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,100 | €1,949 | €1,001 | €1,000 | ▼ 0.1% |
| Other operating charges640/8 | - | €336 | €304 | €242 | ▼ 20.4% |
| Gross operating margin9900 | €95,722 | €33,777 | €37,117 | €27,460 | ▼ 26.0% |
| Operating profit (loss)9901 | -€9,152 | €27,689 | €14,013 | -€10,522 | ▼ 175% |
| Financial income75/76B | - | - | - | €8 | - |
| Recurring financial income75 | - | - | - | €8 | - |
| Financial charges65/66B | - | €199 | €177 | €220 | ▲ 24.3% |
| Recurring financial charges65 | €75 | €199 | €177 | €220 | ▲ 24.3% |
| Profit (loss) for the period before taxes9903 | -€9,227 | €27,490 | €13,836 | -€10,734 | ▼ 178% |
| Income taxes67/77 | - | €9,014 | €6,223 | - | - |
| Profit (loss) for the period9904 | -€9,227 | €18,476 | €7,613 | -€10,734 | ▼ 241% |
| Profit (loss) for the period to be appropriated9905 | -€9,227 | €18,476 | €7,613 | -€10,734 | ▼ 241% |
| Line | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €21,858 | €28,281 | €48,596 | €36,193 | ▼ 25.5% |
| Fixed assets21/28 | €6,142 | €7,215 | €7,949 | €6,949 | ▼ 12.6% |
| Tangible fixed assets22/27 | €4,342 | €5,415 | €6,149 | €5,149 | ▼ 16.3% |
| Plant, machinery and equipment23 | - | €3,244 | €2,589 | €1,937 | ▼ 25.2% |
| Furniture and vehicles24 | - | €2,171 | €3,560 | €3,212 | ▼ 9.8% |
| Financial fixed assets28 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Current assets29/58 | €15,716 | €21,066 | €40,647 | €29,244 | ▼ 28.1% |
| Amounts receivable within one year40/41 | €13,799 | €20,327 | €37,471 | €27,452 | ▼ 26.7% |
| Trade receivables40 | - | €7,950 | €9,480 | - | - |
| Other amounts receivable41 | - | €12,377 | €27,991 | €27,452 | ▼ 1.9% |
| Current investments50/53 | - | - | - | €100 | - |
| Cash at bank and in hand54/58 | €1,917 | €739 | €3,176 | €1,692 | ▼ 46.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €21,858 | €28,281 | €48,596 | €36,193 | ▼ 25.5% |
| Equity10/15 | -€3,027 | €18,988 | €26,603 | €15,868 | ▼ 40.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | - | €639 | €1,020 | €1,020 | = |
| Non-distributable reserves130/1 | - | €639 | €1,020 | €1,020 | = |
| Legal reserve130 | - | €639 | €1,020 | €1,020 | = |
| Profit (loss) carried forward14 | -€9,227 | €12,149 | €19,383 | €8,648 | ▼ 55.4% |
| Amounts payable17/49 | €24,885 | €9,293 | €21,993 | €20,325 | ▼ 7.6% |
| Amounts payable within one year42/48 | €24,885 | €9,293 | €21,993 | €20,325 | ▼ 7.6% |
| Trade debts44 | €707 | €278 | €1,322 | €1,384 | ▲ 4.7% |
| Suppliers440/4 | - | €278 | €1,322 | €1,384 | ▲ 4.7% |
| Taxes, remuneration and social security45 | - | €9,015 | €20,671 | €18,941 | ▼ 8.4% |
| Taxes450/3 | - | €9,015 | €18,444 | €9,643 | ▼ 47.7% |
| Remuneration and social security454/9 | - | - | €2,227 | €9,298 | ▲ 318% |
| Line | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,227 | €18,476 | €7,613 | -€10,734 | ▼ 241% |
| + Depreciation and write-downs630 | €2,100 | €1,949 | €1,001 | €1,000 | ▼ 0.1% |
| Operating cash flow (approximation) | -€7,127 | €20,425 | €8,614 | -€9,734 | ▼ 213% |
| Investment in fixed assets (approximation) | - | - | -€1,735 | €0 | ▲ 100% |
| Change in cash | - | - | €2,437 | -€1,484 | ▼ 161% |
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
10-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 03-11-2025
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
03-05
KBO administration
UBO non-compliance
event 22-04-2024
2023
31-12
Financial
Weakest financial yearnet -€10,734
Net result drops to -€10,734, the lowest in the series.
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 134 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Back to profitnet €18,476
Net result €18,476 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.27
Current ratio from 0.63 to 2.27; short-term debt falls from €24,885 to €9,293.
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
SignalFinancial 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, Ukkel · 1 establishment unit since 2018
Ground area
2,550 m²
Building footprint
412 m²
Volume, LiDAR
2,886 m³
2 parcels, Brussels, Wallonia · tallest building 14.1 m, ±2 floors. Linked by address, not a title deed.
98
companies at this address
See who is registered here
1 establishment unit
Zmart
since 20182.280.411.996
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0103/00Z009 | Brussels | 2,238 m² | 1 · 362 m² | 14.1 m · 2 fl. |
| 25031A0024/00C002 | Wallonia | 312 m² | 1 · 50 m² | 5.3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SOPHIE VANHOMWEGEN DREVE DES RENARDS 8/7,
1180 UCCLE |
03-11-2025 → present |
Similar companies · same sector, comparable size
BAUGIMMOB
BE 0890.833.548
Charleroi · Eq €15,851
FRAMY BUSINESS CONSULTING
BE 0462.640.114
Linter · Eq €15,907
SERVTEC
BE 0457.379.843
Kontich · Eq €15,826
NFINITY
BE 0779.408.658
Sint-Genesius-Rode · Eq €15,928
3B POSTERITY
BE 0878.258.190
Elsene · Eq €15,957
Of 6,146 companies in sector 46190 we hold annual accounts for 2,576. 1,553 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)
Founded03-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
47742Retail sale of prescription glasses, lenses and sunglasses
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.