ZNB
ActiveSummary
ZNB has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,616 and a net result of €753. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 2071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▼-18
Solvency61▼-1
Growth55=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2,616
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 · 10 filingsDeviation from the deadline
2025
10 d late
2024
43 d early
2023
7 d early
2022
32 d late
2021
23 d early
2020
3 d early
2019
66 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% 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 25 July (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€20,567▲ 258%
2018 · €5,739
EBIT margin
0.6%▼ 87.5pp
2018 · 88.0%
Net result
€753▼ 45.0%
2024 · €1,368
Working capital
€292▼ 82.1%
2024 · €1,632
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 85, Education, 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
Line20212022202320242025
Turnover€20,567
Operating result-€9,627▼ 650%-€2,985▲ 69.0%€115€1,433▲ 1,150%€834▼ 41.8%
Net result-€9,672below the sector's middle half▼ 630%-€3,030below the sector's middle half▲ 68.7%€59within the sector's middle half€1,368within the sector's middle half▲ 2,205%€753within the sector's middle half▼ 45.0%
EBIT margin0.6%
Equity€3,466below the sector's middle half▼ 72.8%€436below the sector's middle half▼ 87.4%€495below the sector's middle half▲ 13.6%€1,864below the sector's middle half▲ 276%€2,616below the sector's middle half▲ 40.4%
Total assets€6,438below the sector's middle half▼ 58.7%€6,618below the sector's middle half▲ 2.8%€3,982below the sector's middle half▼ 39.8%€5,028below the sector's middle half▲ 26.3%€7,310below the sector's middle half▲ 45.4%
Debt€2,972▲ 4.9%€6,182▲ 108%€3,487▼ 43.6%€3,165▼ 9.3%€4,693▲ 48.3%
Working capital€2,540within the sector's middle half▼ 80.1%-€258within the sector's middle half€32within the sector's middle half€1,632within the sector's middle half▲ 4,938%€292within the sector's middle half▼ 82.1%
Solvency53.8%within the sector's middle half▼ 28.0pp6.6%below the sector's middle half▼ 47.2pp37.1%within the sector's middle half35.8%within the sector's middle half▼ 1.3pp
Current ratio1.85within the sector's middle half▼ 3.640.96within the sector's middle half▼ 0.901.52within the sector's middle half1.06within the sector's middle half▼ 0.45
Return on assets (ROA)-150.2%below the sector's middle half▼ 141.7pp-45.8%below the sector's middle half▲ 104.5pp27.2%above the sector's middle half10.3%within the sector's middle half▼ 16.9pp
above
within
below
the middle half (P25 to P75) of NACE 85, Education, 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 falls in 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7,310
Fixed assets
€2,324 ▲ 904%
Current assets
€4,986 ▲ 3.9%
Equity and liabilities €7,310
Equity
€2,616 ▲ 40.4%
Debt
€4,693 ▲ 48.3%
Debt's share of the balance-sheet total rises from 62.9% to 64.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1,073▼
2024 · €1,664
Cash flow
€992▼
2024 · €1,600
Quick ratio
0.83▼
2024 · 1.25
Debt to equity
1.79▲
2024 · 1.70
ROE
28.8%▼
2024 · 73.4%
Interest coverage
13.20▼
2024 · 25.85
Debt ≤ 1 year
€4,693▲
2024 · €3,165
Staff costs
€0▼
2024 · €1,520
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
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%.
| 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 34,696 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €20,567 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €19,374 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €1,520 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €231 | €231 | €231 | €231 | €239 | ▲ 3.3% |
| Other operating charges640/8 | €9,819 | €102 | €846 | €505 | €520 | ▲ 2.8% |
| Gross operating margin9900 | €423 | -€2,651 | €1,192 | €3,690 | €1,593 | ▼ 56.8% |
| Operating profit (loss)9901 | -€9,627 | -€2,985 | €115 | €1,433 | €834 | ▼ 41.8% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | €45 | €45 | €55 | €64 | €81 | ▲ 26.3% |
| Recurring financial charges65 | €45 | €45 | €55 | €64 | €81 | ▲ 26.3% |
| Profit (loss) for the period before taxes9903 | -€9,672 | -€3,030 | €59 | €1,368 | €753 | ▼ 45.0% |
| Profit (loss) for the period9904 | -€9,672 | -€3,030 | €59 | €1,368 | €753 | ▼ 45.0% |
| Profit (loss) for the period to be appropriated9905 | -€9,672 | -€3,030 | €59 | €1,368 | €753 | ▼ 45.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,438 | €6,618 | €3,982 | €5,028 | €7,310 | ▲ 45.4% |
| Fixed assets21/28 | €926 | €694 | €463 | €231 | €2,324 | ▲ 904% |
| Tangible fixed assets22/27 | €926 | €694 | €463 | €231 | €2,324 | ▲ 904% |
| Furniture and vehicles24 | €926 | €694 | €463 | €231 | €0 | ▼ 100.0% |
| Other tangible fixed assets26 | - | - | - | - | €2,324 | - |
| Current assets29/58 | €5,512 | €5,923 | €3,520 | €4,797 | €4,986 | ▲ 3.9% |
| Stocks and contracts in progress3 | €1,844 | €1,844 | €1,355 | €833 | €1,078 | ▲ 29.4% |
| Stocks30/36 | €1,844 | €1,844 | €1,355 | €833 | €1,078 | ▲ 29.4% |
| Amounts receivable within one year40/41 | €246 | - | - | €1,680 | €11 | ▼ 99.3% |
| Trade receivables40 | - | - | - | €1,680 | €11 | ▼ 99.3% |
| Other amounts receivable41 | €246 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €3,227 | €3,884 | €2,065 | €2,177 | €3,896 | ▲ 79.0% |
| Deferred charges and accrued income490/1 | €196 | €196 | €99 | €106 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,438 | €6,618 | €3,982 | €5,028 | €7,310 | ▲ 45.4% |
| Equity10/15 | €3,466 | €436 | €495 | €1,864 | €2,616 | ▲ 40.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | - | - | - | - | - |
| Other1109/19 | €18,600 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€15,134 | -€18,164 | -€18,105 | -€16,736 | -€15,984 | ▲ 4.5% |
| Amounts payable17/49 | €2,972 | €6,182 | €3,487 | €3,165 | €4,693 | ▲ 48.3% |
| Amounts payable within one year42/48 | €2,972 | €6,182 | €3,487 | €3,165 | €4,693 | ▲ 48.3% |
| Trade debts44 | €139 | €1,314 | €32 | - | €44 | - |
| Suppliers440/4 | €139 | €1,314 | €32 | - | €44 | - |
| Taxes, remuneration and social security45 | €2,833 | €4,807 | €853 | - | €1,420 | - |
| Taxes450/3 | €2,083 | €3,057 | €103 | - | €1,420 | - |
| Remuneration and social security454/9 | €750 | €1,750 | €750 | - | - | - |
| Other amounts payable47/48 | - | €61 | €2,602 | €3,165 | €3,229 | ▲ 2.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,672 | -€3,030 | €59 | €1,368 | €753 | ▼ 45.0% |
| + Depreciation and write-downs630 | €231 | €231 | €231 | €231 | €239 | ▲ 3.3% |
| Operating cash flow (approximation) | -€9,441 | -€2,798 | €291 | €1,600 | €992 | ▼ 38.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,332 | - |
| Change in cash | - | €657 | -€1,818 | €112 | €1,719 | ▲ 1,438% |
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
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €59
Net result €59 after 3 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€9,672
Net result drops to -€9,672, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Boom · 1 establishment unit since 2018
Ground area
255 m²
Building footprint
139 m²
Volume, LiDAR
802 m³
Parcel 11622C0213/02S003, Flanders · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Sint Pieterstraat 14, 2850 Boom
since 20182.343.092.606
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11622C0213/02S003 | Flanders | 255 m² | 1 · 139 m² | 10.9 m · 1 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
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BE 0466.235.151
Braine-l'Alleud · Eq €2,648
SL DRIVING SCHOOL
BE 0672.748.844
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AU4NORD
BE 0735.885.649
Courcelles · Eq €2,448
Sébastien Wauquaire Driving Instructor
BE 0800.494.181
Paliseul · Eq €2,435
Of 1,038 companies in sector 85531 we hold annual accounts for 348. 113 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
Founded07-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
85531Driving schools for cars and motorcycles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0503902924
Registered
04-12-2025
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.