Result
€13,973 €13,973
Back in profit in 2025, after a loss of €42,770 in 2024.
ZUTENDAAL
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €356,610 (2020)
€307,381▲ 20.8%
lowest -€42,770 (2024)
€13,973▲ €56,743
peak €1.3m (2023)
€1.2m▲ 1.1%
€2.9m▼ 6.3%
Board3 names since 2018
2 directorsFilip Van Droogenbroeck and 1 other
Owners
Documentsfilings and deeds
19-08-202619 days late
2025financial year
Gross margin from €254,377 to €307,381Back to profit: €13,9732 directors resigning, 2 reappointments 17-02
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 54% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged 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 01-2026
03-2026: 0.1%● unchanged vs 02-2026
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 07-2026highest value
09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.24, cash €89,261
lowers risk
Size: total assets €4.2m
Figures for financial year 2025 (filed on 21-08-2026)
Legal form: public limited company
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 68, small). It does better than 50% of them on solvency, 63% on liquidity, 52% on profitability and 50% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as ZUTENDAAL has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
The bankruptcy probability of ZUTENDAAL itself is lower: < 0.1% within 12 months. It rests on far more data about ZUTENDAAL than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for ZUTENDAAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.24 (0.25 in 2024), below 1. Short-term debt is 13% and cash 2.1% of total assets. 70.2% of the assets are financed with debt and provisions.
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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 · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 10 filingsDeviation from the deadline
2025
19 days late
2024
8 days early
2023
on the day
2022
31 days late
2021
59 days late
2020
53 days late
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 19 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DMS Drypants Management and Services 99.89%score 85equity €1.1m (2025) · 2023 annual accounts of DMS Drypants Management and Services
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0477778745
2 directors resigning, 2 reappointments
Resignations: Filip Van Droogenbroeck and Saskia De Paepe · Reappointments: Filip Van Droogenbroeck (director) and Saskia De Paepe (director) · General meeting of 20-12-2024 · Gazette deed
Resignation: Gert Van Droogenbroeck (director)
Appointment: Saskia De Paepe (director) · Director discharge: Gert Van Droogenbroeck · General meeting of 31-03-2020 · Gazette deed
Reappointments: Filip Van Droogenbroeck (managing director) and Gert Van Droogenbroeck (director)
General meeting of 31-05-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ZUTENDAAL Berlare | €4.2m | €307,381 | 29.8% | - |
| BLAC Maldegem | €4.3m | €290,738 | 68.1% | - |
| BELGIAN CONSULTING COMPANY Laarne | €4.2m | €292,932 | 80.8% | - |
| J.V.S. Steenokkerzeel | €4.0m | €283,804 | 48.4% | - |
| MIKROS Antwerp | €3.9m | €292,349 | 70.8% | - |
| MNS Merksplas | €4.6m | €298,138 | 36.4% | 0 |
| XPO INVEST Ixelles | €4.7m | €339,913 | 44.0% | - |
These companies have the same main activity as ZUTENDAAL: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €3.9m and €4.7m, founded between 1998 and 2003.
Official details
Source: KBO- Status
- Active since 13-06-2002Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Establishment unit
- 2.114.638.4042018 Antwerp, since 25-11-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 28-04-2025
Insights on ZUTENDAAL
ZUTENDAAL has existed since 2002. The gross margin grew from €63,309 in 2006 to €307,381 in 2025.
DMS Drypants Management and Services holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ZUTENDAAL
- What is the company number of ZUTENDAAL?
- The company number of ZUTENDAAL is 0477.778.745. The VAT number is the same number with BE in front: BE 0477.778.745.
- Where is ZUTENDAAL based?
- The registered office is at Kloosterlandstraat 44, 9290 Berlare.Company details
- What does ZUTENDAAL do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of ZUTENDAAL?
- ZUTENDAAL is a public limited company (NV).
- When was ZUTENDAAL founded?
- ZUTENDAAL was founded on 13-06-2002.
- Is ZUTENDAAL still active?
- Yes, ZUTENDAAL is an active enterprise in the KBO register.
- What is the turnover of ZUTENDAAL?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €307,381 and 38 comparable companies (NACE 68201). It probably lies between €310,000 and €380,000.Financials
- Is ZUTENDAAL profitable?
- In financial year 2025, ZUTENDAAL made a profit of €13,973.
- Where can I find the annual accounts of ZUTENDAAL?
- ZUTENDAAL filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ZUTENDAAL due?
- ZUTENDAAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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