ZUID STORECONCEPT
ActiveSummary
ZUID STORECONCEPT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €4k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+40
Solvency92▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 2.06 in 2024; short-term debt: 33% and cash: 47.4% of total assets), and 33% of the assets are financed with debt.
Credit check 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 · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67%
Return on assets
12.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
25 d late
2023
27 d late
2022
13 d late
2021
75 d late
2020
66 d late
2019
120 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€121k
EBIT margin
0.7%
Net result
€4k▲ 173%
2024 · €2k
2018: €5k
2019: €6k▲ +19.2% vs 2018
2020: €2k▼ -61.5% vs 2019
2021: €7k▲ +175% vs 2020highest in 8 years
2022: €1k▼ -83.7% vs 2021
2023: €-3k▼ -406% vs 2022lowest in 8 years
2024: €2k▲ +145% vs 2023
2025: €4k▲ +173% vs 2024
2018 → 2025
Working capital
€14k▲ 37.9%
2024 · €10k
2018: €3klowest in 8 years
2019: €10k▲ +213% vs 2018
2020: €12k▲ +26.2% vs 2019
2021: €19k▲ +56.9% vs 2020highest in 8 years
2022: €17k▼ -10.7% vs 2021
2023: €9k▼ -45.3% vs 2022
2024: €10k▲ +13.7% vs 2023
2025: €14k▲ +37.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€121k
Equity€19k-€20k▲ 5.9%€17k▼ 17.1%€18k▲ 9.2%€22k▲ 23.0%
2021: €19k
2022: €20k▲ +5.9% vs 2021
2023: €17k▼ -17.1% vs 2022lowest in 5 years
2024: €18k▲ +9.2% vs 2023
2025: €22k▲ +23.0% vs 2024highest in 5 years
Operating result€9k-€1k▼ 86.2%€-3k€846€3k▲ 244%
2021: €9khighest in 5 years
2022: €1k▼ -86.2% vs 2021
2023: €-3k▼ -357% vs 2022lowest in 5 years
2024: €846▲ +125% vs 2023
2025: €3k▲ +244% vs 2024
Net result€7k-€1k▼ 83.7%€-3k€2k€4k▲ 173%
2021: €7khighest in 5 years
2022: €1k▼ -83.7% vs 2021
2023: €-3k▼ -406% vs 2022lowest in 5 years
2024: €2k▲ +145% vs 2023
2025: €4k▲ +173% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 244% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€8k ▲ 2.7%
Current assets
€25k ▲ 24.7%
Equity and liabilities €33k
Equity
€22k ▲ 23.0%
Debt
€11k ▲ 10.6%
Debt's share of the balance-sheet total falls from 35.3% to 33.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▲
2024 · €2k
Cash flow
€5k▲
2024 · €2k
Current ratio
2.32▲
2024 · 2.06
Quick ratio
1.59▲
2024 · 0.98
Debt to equity
0.49▼
2024 · 0.55
ROE
18.7%▲
2024 · 8.5%
ROA
12.6%▲
2024 · 5.5%
Interest coverage
20.19▲
2024 · 3.28
Debt ≤ 1 year
€11k▲
2024 · €10k
Income taxes
€115▲
2024 · €1
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€28k€33k▲
Fixed assets21/28€8k€8k▲
Tangible fixed assets22/27€8k€8k▲
Furniture and vehicles24€1k€2k▲
Other tangible fixed assets26€7k€6k▼
Current assets29/58€20k€25k▲
Stocks and contracts in progress3€11k€8k▼
Stocks30/36€11k€8k▼
Amounts receivable within one year40/41€2k€5▼
Trade receivables40€2k-
Other amounts receivable41€2€5▲
Cash at bank and in hand54/58€7k€16k▲
Deferred charges and accrued income490/1€825€2k▲
Equity and liabilities
Total equity and liabilities10/49€28k€33k▲
Equity10/15€18k€22k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-477€4k▲
Amounts payable17/49€10k€11k▲
Amounts payable within one year42/48€10k€11k▲
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€4k€4k▲
Income statement
Code20242025
Turnover70€121k-
Goods, raw materials, services and sundry goods60/61€118k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€914€978▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€776€799▲
Non-recurring operating charges66A€291-
Gross operating margin9900€3k€6k▲
Operating profit (loss)9901€846€3k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Non-recurring financial income76B€1k-
Financial charges65/66B€537€193▼
Recurring financial charges65€537€193▼
Profit (loss) for the period before taxes9903€2k€4k▲
Income taxes67/77€1€115▲
Profit (loss) for the period9904€2k€4k▲
Profit (loss) for the period to be appropriated9905€2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-477€4k▲
Profit (loss) brought forward from the previous period14P€-2k€-477▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €121k | - | - |
| Non-recurring operating income76A | - | - | €3k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €118k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €41 | - | €914 | €978 | ▲ 7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3k | €3k | €2k | - | €2k | - |
| Other operating charges640/8 | €677 | €691 | €749 | €776 | €799 | ▲ 3.0% |
| Non-recurring operating charges66A | - | - | - | €291 | - | - |
| Gross operating margin9900 | €13k | €5k | €-1k | €3k | €6k | ▲ 119% |
| Operating profit (loss)9901 | €9k | €1k | €-3k | €846 | €3k | ▲ 244% |
| Financial income75/76B | €186 | €4 | €0 | €1k | €2k | ▲ 28.2% |
| Recurring financial income75 | €14 | €4 | €0 | €1k | €2k | ▲ 28.2% |
| Non-recurring financial income76B | €172 | - | - | €1k | - | - |
| Financial charges65/66B | €33 | €34 | €69 | €537 | €193 | ▼ 64.1% |
| Recurring financial charges65 | €33 | €34 | €69 | €537 | €193 | ▼ 64.1% |
| Profit (loss) for the period before taxes9903 | €10k | €1k | €-3k | €2k | €4k | ▲ 180% |
| Income taxes67/77 | €3k | €155 | - | €1 | €115 | ▲ 8,913% |
| Profit (loss) for the period9904 | €7k | €1k | €-3k | €2k | €4k | ▲ 173% |
| Profit (loss) for the period to be appropriated9905 | €7k | €1k | €-3k | €2k | €4k | ▲ 173% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42k | €40k | €42k | €28k | €33k | ▲ 18.7% |
| Fixed assets21/28 | - | €3k | €7k | €8k | €8k | ▲ 2.7% |
| Tangible fixed assets22/27 | - | €3k | €7k | €8k | €8k | ▲ 2.7% |
| Furniture and vehicles24 | - | - | - | €1k | €2k | ▲ 93.6% |
| Other tangible fixed assets26 | - | €3k | €7k | €7k | €6k | ▼ 11.2% |
| Current assets29/58 | €42k | €37k | €35k | €20k | €25k | ▲ 24.7% |
| Stocks and contracts in progress3 | €23k | €22k | €20k | €11k | €8k | ▼ 25.1% |
| Stocks30/36 | €23k | €22k | €20k | €11k | €8k | ▼ 25.1% |
| Amounts receivable within one year40/41 | €199 | €3k | €3k | €2k | €5 | ▼ 99.8% |
| Trade receivables40 | - | €1k | €3k | €2k | - | - |
| Other amounts receivable41 | €199 | €2k | €32 | €2 | €5 | ▲ 181% |
| Cash at bank and in hand54/58 | €19k | €11k | €9k | €7k | €16k | ▲ 135% |
| Deferred charges and accrued income490/1 | €231 | €1k | €3k | €825 | €2k | ▲ 101% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42k | €40k | €42k | €28k | €33k | ▲ 18.7% |
| Equity10/15 | €19k | €20k | €17k | €18k | €22k | ▲ 23.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €290 | €1k | €-2k | €-477 | €4k | ▲ 876% |
| Amounts payable17/49 | €23k | €20k | €26k | €10k | €11k | ▲ 10.6% |
| Amounts payable within one year42/48 | €23k | €20k | €26k | €10k | €11k | ▲ 10.6% |
| Trade debts44 | €16k | €16k | €15k | €3k | €1k | ▼ 56.9% |
| Suppliers440/4 | €16k | €16k | €15k | €3k | €1k | ▼ 56.9% |
| Taxes, remuneration and social security45 | €4k | €4k | €9k | €4k | €5k | ▲ 48.6% |
| Taxes450/3 | €4k | €4k | €9k | €4k | €5k | ▲ 48.6% |
| Other amounts payable47/48 | €3k | - | €2k | €4k | €4k | ▲ 24.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €1k | €-3k | €2k | €4k | ▲ 173% |
| + Depreciation and write-downs630 | - | €41 | - | €914 | €978 | ▲ 7.0% |
| Operating cash flow (approximation) | €7k | €1k | €-3k | €2k | €5k | ▲ 111% |
| Investment in fixed assets (approximation) | - | - | €-4k | €-1k | €-1k | = |
| Change in cash | - | €-8k | €-2k | €-2k | €9k | ▲ 575% |
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
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 13 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Highest result since 2018net €7k ▲175%
Operating result €9k, net result €7k, both a record.
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 66 days late
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 120 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 87 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Antwerpen · 1 establishment unit since 2011
Ground area
45 m²
Building footprint
45 m²
Volume, LiDAR
441 m³
Parcel 11803C1003/00A000, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ZUID STORECONCEPT
since 20112.195.161.468
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C1003/00A000 | Flanders | 45 m² | 1 · 45 m² | 14.1 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 6,502 companies in sector 47716 we hold annual accounts for 2,440. 1,617 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
Founded04-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46412Wholesale of household textiles and bedding
Contact
Website
www.zuidshop.be
E-mail
renee@zuidshop.be
Scores and ratios are computed by Checked and are not a credit decision.