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ZOVASTAR

Active
Limited partnershipfounded 20197 years activeSmidstraat 38, 3370 Boutersem, BelgiumKBO/BCE: BE 0734.754.907
Summary

The computed 12-month bankruptcy probability of ZOVASTAR is 6.8% (elevated). The 2024 annual accounts show negative equity (-€1,615) and a net result of -€1,512. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known
Size
€5,453turnover 2024
Equity
-€1,615
Loss
-€1,512
Financial health
32 Weak Checked score 2024
Bankruptcy probability, 12 months
6.8%
Structure
Accounts filed 61 days late0 of 1 deed read
Why 32- Figures for FY 2024 (filed 30-09-2025)- No main activity registered- No establishment unit in the KBO+ Size: turnover €5,453, total assets €5,945Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 11% of its sector peers (no NACE code, micro)
Financial strength
Weak
Solvency 0
equity -27.2% of total assets
Liquidity 43
short-term debt 118.3% · cash 34.1%
Profitability 0
return on assets -25.4%
Bankruptcy probability, 12 months
6.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 3.7% 12-2024: 3.5%▼ -0.2 percentage points vs 11-2024 01-2025: 3.3%▼ -0.2 percentage points vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.3%● unchanged vs 03-2025 05-2025: 3.1%▼ -0.2 percentage points vs 04-2025 06-2025: 3.1%● unchanged vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 3.1%● unchanged vs 07-2025 09-2025: 2.7%▼ -0.4 percentage points vs 08-2025lowest value 10-2025: 3.4%▲ +0.7 percentage points vs 09-2025 11-2025: 3.4%● unchanged vs 10-2025 12-2025: 3.3%▼ -0.1 percentage points vs 11-2025 01-2026: 3.4%▲ +0.1 percentage points vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.6%▲ +0.2 percentage points vs 03-2026 05-2026: 3.6%● unchanged vs 04-2026 06-2026: 3.5%▼ -0.1 percentage points vs 05-2026 07-2026: 3.5%● unchanged vs 06-2026 08-2026: 3.9%▲ +0.4 percentage points vs 07-2026 09-2026: 4.3%▲ +0.4 percentage points vs 08-2026 10-2026: 6.8%▲ +2.5 percentage points vs 09-2026highest value
No credit on open account
Liquidity short (current ratio 0.29; short-term debt: 118.3% and cash: 34.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 5% on solvency, 25% on liquidity and 4% on profitability.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €5,453, total assets €5,945
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 30-09-2025)
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · No establishment unit in the KBO
KBO · seat and establishments
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 1 filing
Deviation from the deadline
2024
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 61 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€1,615 View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Turnover 2024first fiscal year filed €5,453 View

By topic

Financials

Fiscal year
2024
Turnover
€5,453
Loss
-€1,512
Solvency
-27.2%
Go to Financials

Company details

Legal form
Limited partnership
Founded
23-09-2019
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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