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ZONDACK

Active
Private limited companyfounded 200916 yrs activeRue de la Cateleine,Valansart 16, 6810 Chiny, BelgiumKBO/BCE: BE 0821.798.648
Summary

ZONDACK has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-4k) and a net result of €3k. Equity is shrinking by ~66.8% per year across the filed fiscal years. Its solvency ranks better than 7% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
59 / 100
Fair
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024
Age of the figures
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 9517 sector peers (2024).
NBB · sector comparison
Position among 9517 sector peers
Solvency
better than 7%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
on the day
2022
32 d late
2021
31 d late
2020
31 d late
2019
62 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ZONDACK was incorporated on 28 December 2009.1 Total assets fell from EUR 116,518 in 2018 to EUR 4,091 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Financials · fiscal year 2024, micro schema

Equity
€-4k▲ 42.2%
2023 · €-6k
Total assets
€4k▼ 42.6%
2023 · €7k
Net result
€3k
2023 · €-20k
Working capital
€-477▼ 70.0%
2022 · €-280
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€-11k▲ 47.9%€-11k▲ 3.8%€7k€-20k€3k
Net result€-12k▲ 47.6%€-11k▲ 4.8%€6k€-20k€3k
Equity€18k▼ 39.1%€7k▼ 61.1%€14k▲ 92.6%€-6k€-4k▲ 42.2%
Total assets€71k▼ 32.4%€47k▼ 34.3%€24k▼ 48.4%€7k▼ 70.6%€4k▼ 42.6%
Debt€53k▼ 29.8%€40k▼ 25.2%€11k▼ 73.2%€14k▲ 26.8%€8k▼ 42.4%
Working capital€-5k▲ 20.0%€-7k▼ 37.6%€-280▲ 95.9%€-477▼ 70.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2020: €-11k€-11kNet result 2020: €-12k€-12kOperating result 2021: €-11k€-11kNet result 2021: €-11k€-11kOperating result 2022: €7k€7kNet result 2022: €6k€6kOperating result 2023: €-20k€-20kNet result 2023: €-20k€-20kOperating result 2024: €3k€3kNet result 2024: €3k€3k20202021202220232024€-20k€-10k€0€10kOperating result 2022: €7k€6.9kNet result 2022: €6k€6.5kOperating result 2023: €-20k€-20kNet result 2023: €-20k€-20kOperating result 2024: €3k€3kNet result 2024: €3k€2.7k202220232024
The operating result returns to profit in 2024: €3k after a loss of €20k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4k
Fixed assets €243 ▼ 96.6%
Current assets €4k ▲ 17,071%
Key figures and ratios
2024 value · change against 2023
EBITDA
€10k▲
2023 · €-5k
Cash flow
€10k▲
2023 · €-5k
Interest coverage
32.69▲
2023 · -15.34
Debt > 1 year
€7k▼
2023 · €12k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 30 lines
Balance sheet Code20232024
Assets
Total assets20/58€7k€4k▼
Fixed assets21/28€7k€243▼
Tangible fixed assets22/27€7k€243▼
Land and buildings22€6k-
Other tangible fixed assets26€1k€243▼
Current assets29/58€22€4k▲
Cash at bank and in hand54/58€22€4k▲
Equity and liabilities
Total equity and liabilities10/49€7k€4k▼
Equity10/15€-6k€-4k▲
Contributions10/11€200k€200k=
Profit (loss) carried forward14€-206k€-204k▲
Amounts payable17/49€14k€8k▼
Amounts payable after more than one year17€12k€7k▼
Other amounts payable178/9€12k€7k▼
Amounts payable within one year42/48€499-
Trade debts44€303-
Suppliers440/4€303-
Other amounts payable47/48€197-
Accrued charges and deferred income492/3€1k€968▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€7k▼
Other operating charges640/8€384€387▲
Gross operating margin9900€-4k€10k▲
Operating profit (loss)9901€-20k€3k▲
Financial charges65/66B€304€303▼
Recurring financial charges65€304€303▼
Profit (loss) for the period before taxes9903€-20k€3k▲
Profit (loss) for the period9904€-20k€3k▲
Profit (loss) for the period to be appropriated9905€-20k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-206k€-204k▲
Profit (loss) brought forward from the previous period14P€-186k€-206k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€23k€15k€15k€7k▼ 54.3%
Other operating charges640/8-€712€997€384€387▲ 0.8%
Gross operating margin9900€14k€13k€23k€-4k€10k▲ 340%
Operating profit (loss)9901€-11k€-11k€7k€-20k€3k▲ 115%
Financial income75/76B-€0----
Recurring financial income75-€0----
Financial charges65/66B-€474€374€304€303▼ 0.5%
Recurring financial charges65€620€474€374€304€303▼ 0.5%
Profit (loss) for the period before taxes9903€-12k€-11k€6k€-20k€3k▲ 114%
Profit (loss) for the period9904€-12k€-11k€6k€-20k€3k▲ 114%
Profit (loss) for the period to be appropriated9905€-12k€-11k€6k€-20k€3k▲ 114%
Line20202021202220232024Change
Assets
Total assets20/58€71k€47k€24k€7k€4k▼ 42.6%
Fixed assets21/28€68k€45k€22k€7k€243▼ 96.6%
Tangible fixed assets22/27€68k€45k€22k€7k€243▼ 96.6%
Land and buildings22-€30k€18k€6k--
Plant, machinery and equipment23-€3k€1k---
Furniture and vehicles24-€8k----
Other tangible fixed assets26-€4k€3k€1k€243▼ 79.5%
Financial fixed assets28€41€41----
Current assets29/58€3k€2k€2k€22€4k▲ 17,071%
Amounts receivable within one year40/41€1k€1k----
Trade receivables40-€662----
Other amounts receivable41-€558----
Cash at bank and in hand54/58€2k€599€2k€22€4k▲ 17,071%
Deferred charges and accrued income490/1-€25----
Equity and liabilities
Total equity and liabilities10/49€71k€47k€24k€7k€4k▼ 42.6%
Equity10/15€18k€7k€14k€-6k€-4k▲ 42.2%
Contributions10/11-€200k€200k€200k€200k=
Profit (loss) carried forward14€-182k€-193k€-186k€-206k€-204k▲ 1.3%
Amounts payable17/49€53k€40k€11k€14k€8k▼ 42.4%
Amounts payable after more than one year17€43k€30k€7k€12k€7k▼ 43.1%
Financial debts170/4-€2k----
Other amounts payable178/9-€28k€7k€12k€7k▼ 43.1%
Amounts payable within one year42/48€8k€9k€2k€499--
Current portion of amounts payable after more than one year42-€8k€2k---
Trade debts44€90€309€309€303--
Suppliers440/4-€309€309€303--
Other amounts payable47/48---€197--
Accrued charges and deferred income492/3-€850€1k€1k€968▼ 5.9%
Line20202021202220232024Change
Profit (loss) for the period9904€-12k€-11k€6k€-20k€3k▲ 114%
+ Depreciation and write-downs630€24k€23k€15k€15k€7k▼ 54.3%
Operating cash flow (approximation)€13k€12k€22k€-5k€10k▲ 293%
Investment in fixed assets (approximation)-€0€8k€0€0-
Change in cash-€-1k€2k€-2k€4k▲ 282%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial Back to profitnet €6k
Net result €6k after 3 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
01-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
31-12
Financial Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
08-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
24-03
NBB filing Annual accounts filed
fiscal year 2015 · 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, Chiny · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
3,242 m²
Building footprint
350 m²
Volume, LiDAR
1,935 m³
2 parcels, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zondack
Rue de Virton,Valansart 16, 6810 ChinyRaising of horses and other equines
since 20102.186.859.951
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
85019D0568/00A000 Wallonia 2,507 m² 1 · 221 m² 7.4 m · 2 fl.
85019D0014/00V000 Wallonia 735 m² 1 · 129 m² 7.7 m · 2 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.

Similar companies · same sector, comparable size

Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 5,087 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
Founded28-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
47241Retail sale of bread and pastry (bakery outlets)
68201Renting and operating of own or leased residential real estate, excluding social housing

Scores and ratios are computed by Checked and are not a credit decision.