ZZ CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for ZZ CONSTRUCT according to publications in the Belgian State Gazette; curator: JEROEN PINOY. The 2022 annual accounts show equity of €53k and a net result of €22k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 23-09-2023, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
54 d late
2021
48 d late
2020
116 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€253k▲ 79.4%
2021 · €141k
2020: €97k
2021: €141k
2020 → 2022
EBIT margin
13.7%▲ 1.2pp
2021 · 12.6%
2020: 32.0%
2021: 12.6%
2020 → 2022
Net result
€22k▲ 51.5%
2021 · €15k
2020: €31k
2021: €15k
2020 → 2022
Working capital
€47k▲ 54.3%
2021 · €31k
2020: €16k
2021: €31k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Turnover€97k-€141k▲ 45.6%€253k▲ 79.4%
Equity€16k-€31k▲ 90.9%€53k▲ 72.1%
Operating result€31k-€18k▼ 42.8%€35k▲ 96.1%
Net result€31k-€15k▼ 53.1%€22k▲ 51.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 96% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €109k
Fixed assets
€5k
Current assets
€103k
Equity and liabilities €109k
Equity
€53k▲ 72.1%
Debt
€56k▲ 101%
The debt ratio rises from 47.7% to 51.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k
Cash flow
€23k
Solvency
48.4%▼
2021 · 52.3%
Current ratio
1.84▼
2021 · 2.10
Quick ratio
1.84▼
2021 · 2.10
Debt / equity
1.07▲
2021 · 0.91
ROE
41.9%▼
2021 · 47.6%
ROA
20.3%▼
2021 · 24.9%
Interest coverage
21.20
Debt
€56k▲
2021 · €28k
Debt ≤ 1 year
€56k▲
2021 · €28k
Income taxes
€11k▲
2021 · €3k
Staff costs
€34k▲
2021 · €22k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€58k€109k▲
Fixed assets21/28-€5k
Tangible fixed assets22/27-€5k
Furniture and vehicles24-€5k
Current assets29/58€58k€103k▲
Amounts receivable within one year40/41€8k€36k▲
Trade receivables40-€15k
Other amounts receivable41€8k€21k▲
Cash at bank and in hand54/58€50k€67k▲
Equity and liabilities
Total equity and liabilities10/49€58k€109k▲
Equity10/15€31k€53k▲
Profit (loss) carried forward14€31k€53k▲
Amounts payable17/49€28k€56k▲
Amounts payable within one year42/48€28k€56k▲
Trade debts44€771€17k▲
Suppliers440/4€771€17k▲
Taxes, remuneration and social security45€12k€24k▲
Taxes450/3-€8k
Remuneration and social security454/9€12k€17k▲
Other amounts payable47/48€15k€15k▲
Income statement
Code20212022
Turnover70€141k€253k▲
Goods, raw materials, services and sundry goods60/61€101k€183k▲
Remuneration, social security and pensions62€22k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Other operating charges640/8€347€313▼
Gross operating margin9900€40k€70k▲
Operating profit (loss)9901€18k€35k▲
Financial charges65/66B-€2k
Recurring financial charges65-€2k
Profit (loss) for the period before taxes9903€18k€33k▲
Income taxes67/77€3k€11k▲
Profit (loss) for the period9904€15k€22k▲
Profit (loss) for the period to be appropriated9905€15k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€53k▲
Profit (loss) brought forward from the previous period14P€16k€31k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ZZ CONSTRUCT BV JETSE LAAN 231, 1090 JETTE · event 17-06-2025
2023
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 54 days late
2022
17-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 48 days late
2021
31-12
Financial
Weakest financial yearnet €15k ▼53.1%
Net result drops to €15k, the lowest in the series.
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 116 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Jette
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.
Jetse Laan 2311090 JetteGround area
126 m²
Building footprint
115 m²
Volume, LiDAR
1,151 m³
Parcel 21464E0003/00H002, Brussels · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464E0003/00H002 | Brussels | 126 m² | 1 · 115 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY STATIONSSTRAAT 117, 1840 LONDER-
ZEEL |
17-06-2025 → present |
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 13,116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.