ZS SPORTING
ActiveSummary
The annual accounts of ZS SPORTING for fiscal year 2025 show a net loss of 69% of total assets. The 2025 annual accounts show equity of €236 and a net result of €-6k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 15% of 7029 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency28▼-72
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.49 against 5.25 in 2024; short-term debt: 97.4% and cash: 8.4% of total assets), and 97.4% 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.
−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 2025Solvency, return and age of the figures
Solvency
2.6%
Return on assets
-68.7%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7029 sector peers (2025).
NBB · sector comparisonPosition among 7029 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-01-2026, 110 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
110 d early
2024
35 d early
2023
41 d early
2022
55 d early
2021
70 d early
2020
71 d early
2019
84 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€236▼ 99.7%
2024 · €86k
2018: €64k
2019: €60k
2020: €58k
2021: €54k
2022: €72k
2023: €56k
2024: €86k
2018 → 2025
Total assets
€9k▼ 91.6%
2024 · €107k
2018: €309k
2019: €298k
2020: €294k
2021: €295k
2022: €297k
2023: €288k
2024: €107k
2018 → 2025
Net result
€-6k
2024 · €37k
2018: €7k
2019: €-4k
2020: €-1k
2021: €-4k
2022: €18k
2023: €-16k
2024: €37k
2018 → 2025
Working capital
€-5k
2024 · €86k
2018: €-237k
2019: €-237k
2020: €-235k
2021: €-236k
2022: €-215k
2023: €-229k
2024: €86k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€72k▲ 33.1%€56k▼ 22.6%€86k▲ 54.6%€236▼ 99.7%
Operating result€-4k-€18k€-16k€37k€-6k
Net result€-4k-€18k€-16k€37k€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €37k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9k
Fixed assets
€5k
Current assets
€4k
Equity and liabilities €9k
Equity
€236 ▼ 99.7%
Debt
€9k ▼ 57.0%
Debt's share of the balance-sheet total rises from 19.1% to 97.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-6k
Cash flow
€-6k
Current ratio
0.49▼
2024 · 5.25
ROA
-68.7%▼
2024 · 34.2%
Interest coverage
-35.83
Debt ≤ 1 year
€9k▼
2024 · €20k
Equity ratios withheld: equity of €236 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.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€107k€9k▼
Fixed assets21/28-€5k
Tangible fixed assets22/27-€5k
Plant, machinery and equipment23-€5k
Current assets29/58€107k€4k▼
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40€250€250=
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€105k€758▼
Equity and liabilities
Total equity and liabilities10/49€107k€9k▼
Equity10/15€86k€236▼
Contributions10/11€92k€12k▼
Profit (loss) carried forward14€-6k€-12k▼
Amounts payable17/49€20k€9k▼
Amounts payable within one year42/48€20k€9k▼
Trade debts44€1k€179▼
Suppliers440/4€1k€179▼
Other amounts payable47/48€19k€9k▼
Income statement
Code20242025
Non-recurring operating income76A€53k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€313
Other operating charges640/8€118€120▲
Gross operating margin9900€37k€-6k▼
Operating profit (loss)9901€37k€-6k▼
Financial income75/76B-€39
Recurring financial income75-€39
Financial charges65/66B€175€160▼
Recurring financial charges65€175€160▼
Profit (loss) for the period before taxes9903€37k€-6k▼
Profit (loss) for the period9904€37k€-6k▼
Profit (loss) for the period to be appropriated9905€37k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13€-12k▼
Profit (loss) brought forward from the previous period14P€-36k€-6k▲
Profit to be distributed694/7€6k-
Directors or managers695€6k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
30-09
Financial
Liquidity times 378current ratio 5.25
Current ratio from 0.01 to 5.25; short-term debt falls from €232k to €20k.
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-16k ▼191%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
06-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €18k
Net result €18k after 3 loss-making years.
19-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kapellen · 1 establishment unit since 2008
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.
Mispelaarlaan 212950 KapellenGround area
2,390 m²
Building footprint
189 m²
Volume, LiDAR
2,209 m³
Parcel 11023I0109/00T006, Flanders · tallest building 21.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ZS SPORTING
since 20082.204.285.804
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023I0109/00T006 | Flanders | 2,390 m² | 1 · 189 m² | 21.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
GEMADIS
BE 0444.435.291
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COM&COM
BE 0456.388.265
Elsene · Eq €258
ONION
BE 1032.294.982
Brussel · Eq €260
DIGIMOVE
BE 1003.355.429
Leuven · Eq €298
GRAFFITO
BE 0458.392.801
Lokeren · Eq €311
Of 9,860 companies in sector 73110 we hold annual accounts for 3,753. 148 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
Founded29-02-2008
Fiscal year end30-09
Activities, NACEBEL 2025
73110Advertising agencies
73120Media representation
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.