ZONPOWER
ActiveSummary
The computed 12-month bankruptcy probability of ZONPOWER is 2.5% (moderate). The 2024 annual accounts show equity of €18,257 and a net result of €9,383. Equity is shrinking by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 51% of 36380 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability99▲+31
Solvency73▼-27
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.82 against 7.79 in 2023; short-term debt: 52% and cash: 63.9% of total assets), but 52.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
47.7%
Return on assets
24.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-12-2025, 141 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
141 d late
2023
31 d late
2022
155 d late
2021
153 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 120 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€18,257▼ 65.5%
2023 · €52,874
Total assets
€38,238▼ 40.6%
2023 · €64,370
Net result
€9,383
2023 · -€574
Working capital
€16,270▼ 70.9%
2023 · €55,974
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
Line2021202220232024
Operating result€48,181-€21,736▼ 54.9%-€574€11,817
Net result€35,947-€15,501▼ 56.9%-€574€9,383
Equity€37,947-€53,448▲ 40.8%€52,874▼ 1.1%€18,257▼ 65.5%
Total assets€118,620-€230,834▲ 94.6%€64,370▼ 72.1%€38,238▼ 40.6%
Debt€80,673-€177,386▲ 120%€11,496▼ 93.5%€19,981▲ 73.8%
Working capital€27,454-€20,854▼ 24.0%€55,974▲ 168%€16,270▼ 70.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €11,817 after a loss of €574 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38,238
Fixed assets
€2,093 ▲ 1,295%
Current assets
€36,145 ▼ 43.7%
Equity and liabilities €38,238
Equity
€18,257 ▼ 65.5%
Debt
€19,981 ▲ 73.8%
Debt's share of the balance-sheet total rises from 17.9% to 52.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13,671▲
2023 · €3,876
Cash flow
€11,237▲
2023 · €3,876
Current ratio
1.82▼
2023 · 7.79
Quick ratio
1.57▼
2023 · 7.79
Debt to equity
1.09▲
2023 · 0.22
ROE
51.4%▲
2023 · -1.1%
ROA
24.5%▲
2023 · -0.9%
Interest coverage
33.51▲
2023 · 16.64
Debt ≤ 1 year
€19,875▲
2023 · €8,246
Debt > 1 year
€106
Income taxes
€2,026▲
2023 · €75
Staff costs
€1,322▼
2023 · €17,683
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €13,797 | €36,311 | €17,683 | €1,322 | ▼ 92.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,952 | €8,287 | €4,450 | €1,854 | ▼ 58.3% |
| Other operating charges640/8 | €1,394 | €10,934 | €1,587 | €1,750 | ▲ 10.3% |
| Gross operating margin9900 | €76,324 | €77,268 | €23,146 | €16,743 | ▼ 27.7% |
| Operating profit (loss)9901 | €48,181 | €21,736 | -€574 | €11,817 | ▲ 2,159% |
| Financial income75/76B | €311 | €390 | €308 | - | - |
| Recurring financial income75 | €311 | €390 | €308 | - | - |
| Financial charges65/66B | €1,550 | €146 | €233 | €408 | ▲ 75.1% |
| Recurring financial charges65 | €1,550 | €146 | €233 | €408 | ▲ 75.1% |
| Profit (loss) for the period before taxes9903 | €46,942 | €21,980 | -€499 | €11,409 | ▲ 2,386% |
| Income taxes67/77 | €10,995 | €6,479 | €75 | €2,026 | ▲ 2,601% |
| Profit (loss) for the period9904 | €35,947 | €15,501 | -€574 | €9,383 | ▲ 1,735% |
| Profit (loss) for the period to be appropriated9905 | €35,947 | €15,501 | -€574 | €9,383 | ▲ 1,735% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €118,620 | €230,834 | €64,370 | €38,238 | ▼ 40.6% |
| Fixed assets21/28 | €19,593 | €35,194 | €150 | €2,093 | ▲ 1,295% |
| Tangible fixed assets22/27 | €19,593 | €35,194 | €150 | €2,093 | ▲ 1,295% |
| Furniture and vehicles24 | €19,593 | €35,194 | €150 | €2,093 | ▲ 1,295% |
| Current assets29/58 | €99,027 | €195,640 | €64,220 | €36,145 | ▼ 43.7% |
| Amounts receivable after more than one year29 | €30,000 | €22,000 | €21,121 | - | - |
| Trade receivables290 | €30,000 | - | - | - | - |
| Other amounts receivable291 | - | €22,000 | €21,121 | - | - |
| Stocks and contracts in progress3 | - | - | - | €5,000 | - |
| Contracts in progress37 | - | - | - | €5,000 | - |
| Amounts receivable within one year40/41 | €40,721 | €87,742 | €19,765 | €6,692 | ▼ 66.1% |
| Trade receivables40 | €37,451 | €82,535 | €10,600 | - | - |
| Other amounts receivable41 | €3,270 | €5,207 | €9,165 | €6,692 | ▼ 27.0% |
| Cash at bank and in hand54/58 | €28,306 | €85,898 | €23,334 | €24,453 | ▲ 4.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €118,620 | €230,834 | €64,370 | €38,238 | ▼ 40.6% |
| Equity10/15 | €37,947 | €53,448 | €52,874 | €18,257 | ▼ 65.5% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €35,900 | €51,448 | €50,874 | €16,257 | ▼ 68.0% |
| Distributable reserves133 | €35,900 | €51,448 | €50,874 | €16,257 | ▼ 68.0% |
| Profit (loss) carried forward14 | €47 | - | - | - | - |
| Amounts payable17/49 | €80,673 | €177,386 | €11,496 | €19,981 | ▲ 73.8% |
| Amounts payable after more than one year17 | - | - | - | €106 | - |
| Financial debts170/4 | - | - | - | €106 | - |
| Amounts payable within one year42/48 | €71,573 | €174,786 | €8,246 | €19,875 | ▲ 141% |
| Trade debts44 | €49,581 | €151,928 | €1,536 | €6,180 | ▲ 302% |
| Suppliers440/4 | €49,581 | €151,928 | €1,536 | €6,180 | ▲ 302% |
| Taxes, remuneration and social security45 | €12,837 | €22,858 | €6,710 | €13,695 | ▲ 104% |
| Taxes450/3 | €11,187 | €17,666 | €6,710 | €13,349 | ▲ 98.9% |
| Remuneration and social security454/9 | €1,650 | €5,192 | - | €346 | - |
| Other amounts payable47/48 | €9,155 | - | - | - | - |
| Accrued charges and deferred income492/3 | €9,100 | €2,600 | €3,250 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,947 | €15,501 | -€574 | €9,383 | ▲ 1,735% |
| + Depreciation and write-downs630 | €12,952 | €8,287 | €4,450 | €1,854 | ▼ 58.3% |
| Operating cash flow (approximation) | €48,899 | €23,788 | €3,876 | €11,237 | ▲ 190% |
| Investment in fixed assets (approximation) | - | -€23,888 | €30,594 | -€3,797 | ▼ 112% |
| Change in cash | - | €57,592 | -€62,564 | €1,119 | ▲ 102% |
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
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 141 days late
2024
31-12
Financial
Back to profitnet €9,383
Net result €9,383 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
02-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 155 days late
2023
31-12
Financial
Weakest financial yearnet -€574
Net result drops to -€574, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 7.79
Current ratio from 1.12 to 7.79; short-term debt falls from €174,786 to €8,246.
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Genk · 1 establishment unit since 2020
Ground area
515 m²
Building footprint
173 m²
Volume, LiDAR
1,034 m³
Parcel 71304E0832/00S000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Ster Algemeen Bouw - Slagerij Lana
since 20202.304.375.748
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71304E0832/00S000 | Flanders | 514 m² | 1 · 173 m² | 7.6 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenk2.304.375.748
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 7,010 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
Founded25-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
47221Retail sale of meat and meat products, excluding game and poultry
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
95316Washing and cleaning of motor vehicles
Contact
E-mail
zonpower3600@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748964219
Also
9925:BE0748964219
Registered
31-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.