ZS Motors Solution
ActiveSummary
The computed 12-month bankruptcy probability of ZS Motors Solution is 2.3% (moderate). The 2024 annual accounts show equity of €8k and a net result of €2k. Equity is shrinking by ~105.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 30% of 26043 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability44▲+44
Solvency34▲+1
Growth32=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.12 against 1.13 in 2023; short-term debt: 89.6% and cash: 17% of total assets), and 90.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
9.4%
Return on assets
2.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
90 d late
2023
134 d late
2022
136 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€8k▲ 39.9%
2023 · €6k
2022: €25k
2023: €6k
2022 → 2024
Total assets
€85k▲ 15.9%
2023 · €73k
2022: €62k
2023: €73k
2022 → 2024
Net result
€2k
2023 · €-19k
2022: €10k
2023: €-19k
2022 → 2024
Working capital
€9k▲ 8.0%
2023 · €8k
2022: €25k
2023: €8k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€25k-€6k▼ 77.0%€8k▲ 39.9%
Operating result€13k-€-18k€2k
Net result€10k-€-19k€2k
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: €2k after a loss of €18k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €85k
Equity
€8k ▲ 39.9%
Debt
€77k ▲ 13.9%
Debt's share of the balance-sheet total falls from 92.2% to 90.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.12▼
2023 · 1.13
Quick ratio
0.52▼
2023 · 0.67
Debt to equity
9.63▼
2023 · 11.83
ROE
28.5%▲
2023 · -334.9%
ROA
2.7%▲
2023 · -26.1%
Debt ≤ 1 year
€76k▲
2023 · €65k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€73k€85k▲
Current assets29/58€73k€85k▲
Stocks and contracts in progress3€30k€45k▲
Stocks30/36€30k€45k▲
Amounts receivable within one year40/41€24k€25k▲
Trade receivables40€24k€25k▲
Cash at bank and in hand54/58€11k€14k▲
Deferred charges and accrued income490/1€8k€643▼
Equity and liabilities
Total equity and liabilities10/49€73k€85k▲
Equity10/15€6k€8k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€-9k€-7k▲
Amounts payable17/49€68k€77k▲
Amounts payable within one year42/48€65k€76k▲
Trade debts44€29k€52k▲
Suppliers440/4€29k€52k▲
Taxes, remuneration and social security45€14k€744▼
Taxes450/3€14k€744▼
Other amounts payable47/48€22k€24k▲
Accrued charges and deferred income492/3€3k€875▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€193-
Other operating charges640/8€3k€2k▼
Gross operating margin9900€-15k€5k▲
Operating profit (loss)9901€-18k€2k▲
Financial income75/76B€0€75▲
Recurring financial income75€0€75▲
Financial charges65/66B€513€292▼
Recurring financial charges65€513€292▼
Profit (loss) for the period before taxes9903€-19k€2k▲
Income taxes67/77€178-
Profit (loss) for the period9904€-19k€2k▲
Profit (loss) for the period to be appropriated9905€-19k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-7k▲
Profit (loss) brought forward from the previous period14P€10k€-9k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 134 days late
2023
31-12
Financial
Weakest financial yearnet €-19k ▼294%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 136 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Puurs-Sint-Amands · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pullaarsteenweg 772870 Puurs-Sint-AmandsGround area
2,647 m²
Building footprint
359 m²
Volume, LiDAR
2,089 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ZS Motors Solution
since 20222.327.703.159
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12008A0036/00W000 | Flanders | 1,921 m² | 1 · 218 m² | 8.8 m · 2 fl. |
| 12032C0164/00K000 | Flanders | 725 m² | 1 · 141 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
BS CAR
BE 0866.955.316
Jette · Eq €7,980
FORTY-FIVE
BE 0775.963.277
Wemmel · Eq €7,971
LAURASA
BE 0790.726.776
Ternat · Eq €7,935
Qual-Italia Trucks
BE 0678.607.248
Beveren-Kruibeke-Zwijndrecht · Eq €7,917
ENJOY YOUR WAY
BE 0734.925.943
Sprimont · Eq €8,079
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 1,912 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95319Other maintenance and repair of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.