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Zultanit

Active
Private limited companyfounded 2019active for 7 yearsStalenstraat 125, 3600 Genk, BelgiumKBO/BCE: BE 0736.533.272
Summary

Zultanit has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €271,946 and a net result of €166,966. Equity has been growing by about 65% per year since 2020. Its solvency ranks better than 56% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-10-2019 Normal situation
Activity
Retail sale of watches and jewellery NACE 47770and 1 other
Establishment unit
2.295.103.241 3600 Genk, since 17-10-2019
Financial year end
31 December
Peppol
Reachable since 14-01-2026

Board and ownership

Board
  • YARALI HALILDirector

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€237,933
▲ 266%
Turnover
≈ €1.1m
estimated
Profit
€166,966
▲ 231%
Equity
€271,946
▲ 159%
Total assets
€640,493
▲ 274%
  • 2025 accounts filed 61 days after the deadline
Net result +231%: other schema
Filed on 30-09-2026
Score breakdownraises riskLast filed accounts filed 61 days late; 1 of the last 3 accounts lateFounded in 2019Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 5.19, cash €135,792Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 82% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 67-19
equity 42.5% of total assets
Liquidity 77-5
short-term debt 8.8% · cash 21.2%
Profitability 100=
return on assets 26.1%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.5%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -1.4 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.19 (2.57 in 2024), above the usual 1.5. Short-term debt is 8.8% and cash 21.2% of total assets. However, 57.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 57% of them on solvency, 82% on liquidity, 96% on profitability and 95% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 5.19, cash €135,792
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
61 days late
2024
25 days late
2023
21 days late
2022
23 days late
2021
144 days late
2020
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 56 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025different schema filed ▲ 231% View
  • Positive: Higher net result than 85% of companies in retail tradesector median €27,641 · 12,747 companies €166,966 View
  • Positive: 5 profitable years in a rowprofit 2025: €166,966 5 years View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as Zultanit: retail sale of watches and jewellery (NACE 47770). They are comparable in size and age: total assets between €461,000 and €757,000, founded between 2017 and 2019.

CompanyTotal assetsGross margin
Zultanit Genk€640,493€237,933
C'EST LA VIE JEWELLERY Antwerpen€551,597€283,963
Thierry CASTRO Aywaille€756,653€280,712
KINOE Tongeren-Borgloon€460,677€196,452
TADBLU Hasselt€643,645€291,368
BERYL Sint-Gillis (bij-Brussel)€643,962€270,319
NAVYLYS Watermaal-Bosvoorde€696,649€211,888
Full comparison

Key facts about Zultanit

What is the company number of Zultanit?
The company number of Zultanit is 0736.533.272. The VAT number is the same number with BE in front: BE 0736.533.272.
Where is Zultanit based?
The registered office is at Stalenstraat 125, 3600 Genk.Company details
What does Zultanit do?
According to the KBO register, the main activity is retail sale of watches and jewellery (NACE 47770).
What is the legal form of Zultanit?
The legal form of Zultanit is Private limited company (BV).
When was Zultanit founded?
Zultanit was founded on 17-10-2019.
Is Zultanit still active?
Yes, Zultanit is an active enterprise in the KBO register.
What is the turnover of Zultanit?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €237,933 and 51 comparable companies (NACE 477). It probably lies between €750,000 and €2.2m.Financials
Is Zultanit profitable?
In financial year 2025, Zultanit made a profit of €166,966.
Where can I find the annual accounts of Zultanit?
Zultanit filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Zultanit due?
Zultanit must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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