Summary
Zuidkant is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €999,910 and a net result of -€15,417. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 8211 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
3 d early
2023
12 d early
2022
1 d early
2021
14 d early
2020
3 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 27 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€999,910▲ 0.6%
2024 · €994,306
Net result
-€15,417▲ 64.8%
2024 · -€43,831
Total assets
€1.8m▼ 5.1%
2024 · €1.9m
Solvency
54.7%▲ 3.1pp
2024 · 51.6%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€90,029▼ 13.3%€69,550▼ 22.7%-€51,854-€56,411▼ 8.8%-€46,667▲ 17.3%
Net result€58,504within the sector's middle half▲ 0.3%€300,544above the sector's middle half▲ 414%-€48,746below the sector's middle half-€43,831below the sector's middle half▲ 10.1%-€15,417below the sector's middle half▲ 64.8%
Equity€786,338within the sector's middle half▲ 8.0%€1.1mabove the sector's middle half▲ 38.2%€1.0mabove the sector's middle half▼ 4.5%€994,306above the sector's middle half▼ 4.2%€999,910above the sector's middle half▲ 0.6%
Total assets€1.9mwithin the sector's middle half▼ 1.9%€2.1mabove the sector's middle half▲ 11.9%€2.0mabove the sector's middle half▼ 4.0%€1.9mabove the sector's middle half▼ 3.7%€1.8mabove the sector's middle half▼ 5.1%
Debt€1.1m▼ 8.1%€997,618▼ 7.3%€962,296▼ 3.5%€931,849▼ 3.2%€827,377▼ 11.2%
Working capital-€819,067below the sector's middle half▲ 2.3%€458,784above the sector's middle half€373,707above the sector's middle half▼ 18.5%€354,877above the sector's middle half▼ 5.0%€356,977above the sector's middle half▲ 0.6%
Solvency42.2%within the sector's middle half▲ 3.9pp52.1%within the sector's middle half▲ 9.9pp51.9%within the sector's middle half▼ 0.2pp51.6%within the sector's middle half▼ 0.3pp54.7%within the sector's middle half▲ 3.1pp
Current ratio0.12below the sector's middle half=1.52within the sector's middle half▲ 1.401.44within the sector's middle half▼ 0.091.42within the sector's middle half▼ 0.011.48within the sector's middle half▲ 0.05
Return on assets (ROA)3.1%within the sector's middle half▲ 0.1pp14.4%within the sector's middle half▲ 11.3pp-2.4%below the sector's middle half▼ 16.9pp-2.3%below the sector's middle half▲ 0.2pp-0.8%below the sector's middle half▲ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2022 Net result +414% on 2021. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €46,667 in 2025 against €56,411 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€720,785 ▼ 1.4%
Current assets
€1.1m ▼ 7.4%
Equity and liabilities €1.8m
Equity
€999,910 ▲ 0.6%
Debt
€827,377 ▼ 11.2%
Debt's share of the balance-sheet total falls from 48.4% to 45.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
-1.5%▲
2024 · -4.4%
Debt ≤ 1 year
€749,525▼
2024 · €840,424
Debt > 1 year
€77,852▼
2024 · €91,425
Income taxes
€287▼
2024 · €511
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,438 | €44,382 | €48,495 | €47,572 | €49,763 | ▲ 4.6% |
| Other operating charges640/8 | - | €4,504 | €3,288 | €5,551 | €5,029 | ▼ 9.4% |
| Gross operating margin9900 | €130,904 | €118,436 | -€72 | -€3,288 | €8,125 | ▲ 347% |
| Operating profit (loss)9901 | €90,029 | €69,550 | -€51,854 | -€56,411 | -€46,667 | ▲ 17.3% |
| Financial income75/76B | - | €261,031 | €5,000 | €15,838 | €33,174 | ▲ 109% |
| Recurring financial income75 | - | €261,031 | €5,000 | €15,838 | €33,174 | ▲ 109% |
| Financial charges65/66B | - | €2,975 | €1,787 | €2,748 | €1,637 | ▼ 40.4% |
| Recurring financial charges65 | €5,330 | €2,975 | €1,787 | €2,748 | €1,637 | ▼ 40.4% |
| Profit (loss) for the period before taxes9903 | €84,699 | €327,606 | -€48,641 | -€43,320 | -€15,130 | ▲ 65.1% |
| Income taxes67/77 | €26,195 | €27,062 | €105 | €511 | €287 | ▼ 43.8% |
| Profit (loss) for the period9904 | €58,504 | €300,544 | -€48,746 | -€43,831 | -€15,417 | ▲ 64.8% |
| Profit (loss) for the period to be appropriated9905 | €58,504 | €300,544 | -€48,746 | -€43,831 | -€15,417 | ▲ 64.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €2.1m | €2.0m | €1.9m | €1.8m | ▼ 5.1% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €1.7m | €746,147 | €769,254 | €730,854 | €720,785 | ▼ 1.4% |
| Tangible fixed assets22/27 | €766,984 | €746,147 | €769,254 | €730,854 | €720,785 | ▼ 1.4% |
| Land and buildings22 | - | €724,595 | €686,138 | €663,943 | €669,142 | ▲ 0.8% |
| Plant, machinery and equipment23 | - | €2,015 | €936 | €0 | €0 | - |
| Furniture and vehicles24 | - | €19,538 | €82,180 | €66,911 | €51,643 | ▼ 22.8% |
| Financial fixed assets28 | €982,400 | - | - | - | - | - |
| Current assets29/58 | €113,271 | €1.3m | €1.2m | €1.2m | €1.1m | ▼ 7.4% |
| Amounts receivable within one year40/41 | - | - | - | €2,916 | €3,969 | ▲ 36.1% |
| Trade receivables40 | - | - | - | €2,916 | €3,969 | ▲ 36.1% |
| Other amounts receivable41 | - | - | - | €0 | €0 | - |
| Cash at bank and in hand54/58 | €113,271 | €1.3m | €1.2m | €1.2m | €1.1m | ▼ 7.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €2.1m | €2.0m | €1.9m | €1.8m | ▼ 5.1% |
| Equity10/15 | €786,338 | €1.1m | €1.0m | €994,306 | €999,910 | ▲ 0.6% |
| Contributions10/11 | - | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Reserves13 | €49,980 | €49,980 | €49,980 | €49,980 | €71,001 | ▲ 42.1% |
| Non-distributable reserves130/1 | - | €6,000 | €6,000 | - | - | - |
| Reserves not available under the articles1311 | - | €6,000 | €6,000 | - | - | - |
| Distributable reserves133 | - | €43,980 | €43,980 | €49,980 | €71,001 | ▲ 42.1% |
| Profit (loss) carried forward14 | €676,358 | €976,903 | €928,157 | €884,326 | €868,909 | ▼ 1.7% |
| Amounts payable17/49 | €1.1m | €997,618 | €962,296 | €931,849 | €827,377 | ▼ 11.2% |
| Amounts payable after more than one year17 | €143,978 | €118,048 | €104,824 | €91,425 | €77,852 | ▼ 14.8% |
| Financial debts170/4 | - | €118,048 | €104,824 | €91,425 | €77,852 | ▼ 14.8% |
| Amounts payable within one year42/48 | €932,339 | €879,570 | €857,472 | €840,424 | €749,525 | ▼ 10.8% |
| Current portion of amounts payable after more than one year42 | - | €26,324 | €13,941 | €14,110 | €14,280 | ▲ 1.2% |
| Trade debts44 | - | €4,265 | €577 | €892 | €677 | ▼ 24.1% |
| Suppliers440/4 | - | €4,265 | €577 | €892 | €677 | ▼ 24.1% |
| Taxes, remuneration and social security45 | - | €1,914 | €1,945 | - | €1,210 | - |
| Taxes450/3 | - | €884 | €1,945 | - | €1,210 | - |
| Remuneration and social security454/9 | - | €1,030 | - | - | - | - |
| Other amounts payable47/48 | - | €847,067 | €841,009 | €825,422 | €733,358 | ▼ 11.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,504 | €300,544 | -€48,746 | -€43,831 | -€15,417 | ▲ 64.8% |
| + Depreciation and write-downs630 | €39,438 | €44,382 | €48,495 | €47,572 | €49,763 | ▲ 4.6% |
| Operating cash flow (approximation) | €97,942 | €344,926 | -€251 | €3,741 | €34,346 | ▲ 818% |
| Investment in fixed assets (approximation) | - | €958,855 | -€71,602 | -€9,171 | -€39,694 | ▼ 333% |
| Change in cash | - | €1.2m | -€107,175 | -€38,793 | -€89,852 | ▼ 132% |
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
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet -€48,746
Net result drops to -€48,746, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €300,544 ▲414%
Net result €300,544, the highest in the series.
30-06
Financial
Liquidity times 13current ratio 1.52
Current ratio from 0.12 to 1.52; short-term debt falls from €932,339 to €879,570.
30-06
Financial
Equity above €1mEq €1.1m ▲38.2%
4 profitable years in a row build equity to €1.1m.
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-01
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.
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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2007
Ground area
1,333 m²
Building footprint
164 m²
Volume, LiDAR
1,086 m³
Parcel 44078A0524/00S000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zuidkant
since 20072.161.020.537
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44078A0524/00S000 | Flanders | 1,333 m² | 1 · 164 m² | 8.3 m · 2 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.
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,250 EUR awarded · 2,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 2,250 EUR |
| 2022 | 1 | 2,250 EUR | 0 EUR |
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 12,673 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded26-02-2007
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0887513376
Also
9925:BE0887513376
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.