ZTTM
ActiveThe annual accounts of ZTTM for fiscal year 2024 show a net loss of 225% of total assets and of 91% of the equity at the start of that year. The 2024 annual accounts show equity of €4k and a net result of €-44k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 31% of 878 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
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
Profitability0▼-72
Solvency46▼-45
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
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 0.77 against 2.12 in 2023; short-term debt: 78.7% and cash: 5.3% of total assets), and 78.7% of the assets are financed with debt.
Credit advice for your own amount and term
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 2024Solvency, return and age of the figures
Solvency
21.3%
Return on assets
-224.5%
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 58
Relative position
BE, all sectors
reference
Sector 58
lower
← 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 dateAge against the risk zone
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 24-11-2025, 116 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
116 d late
2023
188 d late
2022
99 d late
2021
61 d late
2020
92 d late
2019
186 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-44k
2023 · €2k
2018: €9k
2019: €29k
2020: €1k
2021: €11k
2022: €1k
2023: €2k
2018 → 2024
Working capital
€-4k
2023 · €27k
2018: €16k
2019: €28k
2020: €21k
2021: €15k
2022: €16k
2023: €27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€35k-€45k▲ 28.3%€46k▲ 2.8%€48k▲ 4.3%€4k▼ 91.3%
Operating result€3k-€19k▲ 448%€4k▼ 76.3%€4k▼ 6.4%€-43k
Net result€1k-€11k▲ 669%€1k▼ 88.4%€2k▲ 61.6%€-44k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €43k after €4k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20k
Fixed assets
€8k▼ 62.9%
Current assets
€12k▼ 77.1%
Equity and liabilities €20k
Equity
€4k▼ 91.3%
Debt
€15k▼ 36.6%
The debt ratio rises from 33.6% to 78.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-30k▼
2023 · €21k
Cash flow
€-31k▼
2023 · €18k
Solvency
21.3%▼
2023 · 66.4%
Current ratio
0.77▼
2023 · 2.12
Quick ratio
0.77▼
2023 · 2.12
Debt / equity
3.70▲
2023 · 0.51
ROA
-224.5%▼
2023 · 2.8%
Interest coverage
-38.43▼
2023 · 41.56
Debt
€15k▼
2023 · €24k
Debt ≤ 1 year
€15k▼
2023 · €24k
Income taxes
€-573▼
2023 · €2k
A ratio outside any meaningful range has been withheld (balance sheet total €20k, equity €4k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€73k€20k▼
Fixed assets21/28€21k€8k▼
Tangible fixed assets22/27€21k€8k▼
Furniture and vehicles24€21k€8k▼
Current assets29/58€52k€12k▼
Amounts receivable within one year40/41€2k€9k▲
Trade receivables40-€6k
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€18k€1k▼
Deferred charges and accrued income490/1€32k€1k▼
Equity and liabilities
Total equity and liabilities10/49€73k€20k▼
Equity10/15€48k€4k▼
Contributions10/11€12k€12k=
Reserves13€19k€19k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€17k€-28k▼
Amounts payable17/49€24k€15k▼
Amounts payable within one year42/48€24k€15k▼
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€22k€5k▼
Taxes450/3€22k€5k▼
Other amounts payable47/48€975€10k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€13k▼
Other operating charges640/8€600€507▼
Non-recurring operating charges66A€306€126▼
Gross operating margin9900€21k€-29k▼
Operating profit (loss)9901€4k€-43k▼
Financial income75/76B€58-
Recurring financial income75€58-
Financial charges65/66B€495€2k▲
Recurring financial charges65€495€779▲
Non-recurring financial charges66B-€794
Profit (loss) for the period before taxes9903€4k€-45k▼
Income taxes67/77€2k€-573▼
Profit (loss) for the period9904€2k€-44k▼
Profit (loss) for the period to be appropriated9905€2k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-28k▼
Profit (loss) brought forward from the previous period14P€15k€17k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 116 days late
04-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 188 days late
2024
31-12
Financial
Weakest financial yearnet €-44k ▼2297%
Net result drops to €-44k, the lowest in the series.
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 186 days late
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 183 days late
2019
31-12
Financial
Highest result since 2018net €29k ▲231%
Operating result €34k, net result €29k, both a record.
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
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, Houffalize · 1 establishment unit since 2011
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.
Fontenaille 96661 HouffalizeGround area
1.0 ha
Building footprint
696 m²
Volume, LiDAR
5,594 m³
2 parcels, Brussels, Wallonia · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Ardenne web
since 20112.194.852.949
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0121/00Z005 | Brussels | 8,143 m² | 1 · 393 m² | 16.6 m · 5 fl. |
| 82019D0378/00F000 | Wallonia | 2,135 m² | 1 · 303 m² | - |
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.
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Of 1,284 companies in sector 58290 we hold annual accounts for 593. 157 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2006
Fiscal year end31-12
Activities, NACEBEL
58290Other software publishing
72210
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@ardenneweb.eu
Phone:0498 27 61 68