ZOEF
ActiveSummary
ZOEF has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€21,050) and a net result of €3,857. Its solvency ranks better than 9% of 2,602 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-01-2013 Normal situation
- Activity
- Other education NACE 85599and 3 others
- Establishment unit
- 2.216.203.045 8972 Poperinge, since 04-01-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 08-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €9,361
- Turnover
- ≈ €34,000
- estimated
- Profit
- €3,857
- Equity
- -€21,050
- ▲ 15.5%
- Total assets
- €28,350
- ▲ 132%
- Negative equity on 30-09-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€21,050lowers riskSize: total assets €28,350Sector: Education (NACE 85)Liquidity: current ratio 0.36, cash €6,075Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro). It does better than 6% of them on solvency, 13% on liquidity, 68% on profitability and 67% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 2 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 27-04-2026 PDF all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is a profit of €4,229, after a loss of €12,882 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Education (NACE 85). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 30-09-2024 | 30-09-2025 |
|---|---|---|
| Tangible fixed assets | - | €8,788 |
| Depreciation and write-downs of the year | €3,839 | €4,288 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €147 awarded · €147 paid| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,839 | €4,288 | ▲ 11.7% |
| Other operating charges640/8 | €882 | €844 | ▼ 4.3% |
| Non-recurring operating charges66A | €5,344 | €0 | ▼ 100% |
| Gross operating margin9900 | -€2,817 | €9,361 | - |
| Operating profit (loss)9901 | -€12,882 | €4,229 | - |
| Financial income75/76B | €0 | €2 | ▲ 60× |
| Recurring financial income75 | €0 | €2 | ▲ 60× |
| Financial charges65/66B | €346 | €374 | ▲ 8.1% |
| Recurring financial charges65 | €346 | €374 | ▲ 8.1% |
| Profit (loss) for the period before taxes9903 | -€13,227 | €3,858 | - |
| Income taxes67/77 | - | €1 | - |
| Profit (loss) for the period9904 | -€13,227 | €3,857 | - |
| Profit (loss) for the period to be appropriated9905 | -€13,227 | €3,857 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €12,218 | €28,350 | ▲ 132% |
| Fixed assets21/28 | €7,774 | €12,274 | ▲ 57.9% |
| Tangible fixed assets22/27 | €7,774 | €12,274 | ▲ 57.9% |
| Land and buildings22 | - | €5,538 | - |
| Plant, machinery and equipment23 | €7,084 | €5,012 | ▼ 29.2% |
| Furniture and vehicles24 | €690 | €1,724 | ▲ 150% |
| Current assets29/58 | €4,444 | €16,076 | ▲ 262% |
| Amounts receivable within one year40/41 | €242 | €9,689 | ▲ 40× |
| Trade receivables40 | €242 | €9,689 | ▲ 40× |
| Cash at bank and in hand54/58 | €4,015 | €6,075 | ▲ 51.3% |
| Deferred charges and accrued income490/1 | €187 | €311 | ▲ 66.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €12,218 | €28,350 | ▲ 132% |
| Equity10/15 | -€24,907 | -€21,050 | ▲ 15.5% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €1,458 | €1,458 | = |
| Distributable reserves133 | €1,458 | €1,458 | = |
| Profit (loss) carried forward14 | -€31,365 | -€27,508 | ▲ 12.3% |
| Amounts payable17/49 | €37,125 | €49,400 | ▲ 33.1% |
| Amounts payable after more than one year17 | €5,000 | €5,000 | = |
| Other amounts payable178/9 | €5,000 | €5,000 | = |
| Amounts payable within one year42/48 | €31,999 | €44,272 | ▲ 38.4% |
| Trade debts44 | €963 | €2,318 | ▲ 141% |
| Suppliers440/4 | €963 | €2,318 | ▲ 141% |
| Taxes, remuneration and social security45 | €2,153 | €2,568 | ▲ 19.3% |
| Taxes450/3 | €713 | €1,128 | ▲ 58.2% |
| Remuneration and social security454/9 | €1,440 | €1,440 | = |
| Other amounts payable47/48 | €28,883 | €39,386 | ▲ 36.4% |
| Accrued charges and deferred income492/3 | €126 | €128 | ▲ 1.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€13,227 | €3,857 | - |
| + Depreciation and write-downs630 | €3,839 | €4,288 | ▲ 11.7% |
| Operating cash flow (approximation) | -€9,388 | €8,145 | - |
| Investment in fixed assets (approximation) | - | -€8,788 | - |
| Change in cash | - | €2,060 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,632 companies had the same profile as ZOEF has now. Two years later, 91.9% were still going and 2.9% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ZOEF itself is lower: 0.1% within 12 months. It rests on far more data about ZOEF than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for ZOEF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Board 1
Statutory auditor 1
Owners and capital
Shareholders
- CALLEWAERT Rik all shares
Capital transactions
- 27-11-2023 Converted to unavailable equity
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| CALLEWAERT Rik |
|
| Bruno Pouseele |
|
| VANSEVENANT Irène |
|
Network & group
ZOEF shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ZOEF. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-11
Gazette deed
Change of role: CALLEWAERT Rik, from manager to directorAppointment: Bruno Pouseele (company auditor) · Resignation: VANSEVENANT Irène (manager) · Amendment of the articles19 points ▸
- General meeting, 13-11-2023
- Other provision, 01-01-2020, “onderwerping aan Wetboek van Vennootschappen en Verenigingen van rechtswege” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €5,000
- Capital conversion, “onbeschikbaar eigen vermogen” (deed in Dutch)
- Reserve release, “beschikbaarstelling van het onbeschikbaar eigen vermogen” (deed in Dutch)
- Other provision, 25-10-2023
- Auditor appointment, Bruno Pouseele (company auditor)
- CALLEWAERT Rik holds all the shares, mentioned 2 times in the deed
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Other provision, “behoud ondernemingsnummer en rechtspersonenregisterinschrijving”, 0508.908.322 (deed in Dutch)
- Accounting effect, 30-09-2023
- The act holds 7 more points.
20-02
Gazette deed
Registered office moved from Poperinge to KrombekeDirector in office3 points ▸
- General meeting, 31-12-2022
- Registered-office move, Burgemeester Deblockstraat 8, 8972 Krombeke
- Director in office, Callewaert Rik (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Pottestraat 71, 8970 Poperinge until 01-01-2023 · act of 20-02-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 33013A1024/00H000 | Flanders | 377 m² | 1 · 72 m² | 0.1 m |