LE ZÉRO
ActiveSummary
LE ZÉRO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €57k and a net result of €58k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 1932 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+20
Solvency51▲+26
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 0.98 in 2023; short-term debt: 58.8% and cash: 0.1% of total assets), but 73.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
26.4%
Return on assets
26.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
67 d late
2022
26 d late
2021
32 d early
2020
137 d late
2019
502 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€57k
2023 · €-953
2019: €-17k
2020: €-12k▲ +27.4% vs 2019
2021: €1k▲ +109% vs 2020
2022: €-20k▼ -1899% vs 2021lowest in 6 years
2023: €-953▲ +95.2% vs 2022
2024: €57k▲ +6062% vs 2023highest in 6 years
2019 → 2024
Total assets
€215k▲ 1.1%
2023 · €213k
2019: €16klowest in 6 years
2020: €30k▲ +94.7% vs 2019
2021: €47k▲ +55.5% vs 2020
2022: €127k▲ +170% vs 2021
2023: €213k▲ +68.3% vs 2022
2024: €215k▲ +1.1% vs 2023highest in 6 years
2019 → 2024
Net result
€58k▲ 206%
2023 · €19k
2019: €-32klowest in 6 years
2020: €5k▲ +115% vs 2019
2021: €13k▲ +189% vs 2020
2022: €-21k▼ -255% vs 2021
2023: €19k▲ +190% vs 2022
2024: €58k▲ +206% vs 2023highest in 6 years
2019 → 2024
Working capital
€86k
2023 · €-4k
2019: €-24klowest in 6 years
2020: €-21k▲ +13.7% vs 2019
2021: €12k▲ +157% vs 2020
2022: €8k▼ -36.5% vs 2021
2023: €-4k▼ -154% vs 2022
2024: €86k▲ +2212% vs 2023highest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-12k-€1k€-20k€-953▲ 95.2%€57k
2020: €-12k
2021: €1k▲ +109% vs 2020
2022: €-20k▼ -1899% vs 2021lowest in 5 years
2023: €-953▲ +95.2% vs 2022
2024: €57k▲ +6062% vs 2023highest in 5 years
Operating result€6k-€15k▲ 168%€-17k€24k€78k▲ 223%
2020: €6k
2021: €15k▲ +168% vs 2020
2022: €-17k▼ -217% vs 2021lowest in 5 years
2023: €24k▲ +241% vs 2022
2024: €78k▲ +223% vs 2023highest in 5 years
Net result€5k-€13k▲ 189%€-21k€19k€58k▲ 206%
2020: €5k
2021: €13k▲ +189% vs 2020
2022: €-21k▼ -255% vs 2021lowest in 5 years
2023: €19k▲ +190% vs 2022
2024: €58k▲ +206% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 223% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €215k
Fixed assets
€2k ▼ 95.1%
Current assets
€213k ▲ 30.6%
Equity and liabilities €215k
Equity
€57k
Debt
€158k
Debt finances 73.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€79k▲
2023 · €39k
Cash flow
€59k▲
2023 · €34k
Current ratio
1.68▲
2023 · 0.98
Debt to equity
2.79
ROE
101.7%
ROA
26.8%▲
2023 · 8.9%
Interest coverage
21.74▲
2023 · 6.70
Debt ≤ 1 year
€126k▼
2023 · €167k
Debt > 1 year
€32k▼
2023 · €47k
Income taxes
€22k▲
2023 · €2k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€213k€215k▲
Fixed assets21/28€50k€2k▼
Tangible fixed assets22/27€50k€2k▼
Furniture and vehicles24€47k-
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€257€257=
Current assets29/58€163k€213k▲
Amounts receivable within one year40/41€161k€213k▲
Trade receivables40€86k€130k▲
Other amounts receivable41€76k€82k▲
Cash at bank and in hand54/58€2k€190▼
Equity and liabilities
Total equity and liabilities10/49€213k€215k▲
Equity10/15€-953€57k▲
Contributions10/11€15k€15k=
Capital10€15k€15k=
Issued capital100€19k€19k=
Uncalled capital101€3k€3k=
Profit (loss) carried forward14€-16k€42k▲
Amounts payable17/49€214k€158k▼
Amounts payable after more than one year17€47k€32k▼
Financial debts170/4€46k€31k▼
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€167k€126k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€131k€84k▼
Suppliers440/4€131k€84k▼
Taxes, remuneration and social security45€22k€26k▲
Taxes450/3€20k€26k▲
Remuneration and social security454/9€2k€496▼
Other amounts payable47/48-€1k
Income statement
Code20232024
Remuneration, social security and pensions62€6k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€1k▼
Other operating charges640/8€16k€23k▲
Gross operating margin9900€61k€102k▲
Operating profit (loss)9901€24k€78k▲
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€21k€79k▲
Income taxes67/77€2k€22k▲
Profit (loss) for the period9904€19k€58k▲
Profit (loss) for the period to be appropriated9905€19k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€42k▲
Profit (loss) brought forward from the previous period14P€-35k€-16k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €6k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €4k | €15k | €1k | ▼ 92.4% |
| Other operating charges640/8 | - | €2k | €9k | €16k | €23k | ▲ 46.7% |
| Gross operating margin9900 | €19k | €21k | €-4k | €61k | €102k | ▲ 69.2% |
| Operating profit (loss)9901 | €6k | €15k | €-17k | €24k | €78k | ▲ 223% |
| Financial income75/76B | - | - | €1k | €3k | €5k | ▲ 66.6% |
| Recurring financial income75 | €0 | - | €1k | €3k | €5k | ▲ 66.6% |
| Financial charges65/66B | - | €925 | €5k | €6k | €4k | ▼ 37.2% |
| Recurring financial charges65 | €518 | €925 | €5k | €6k | €4k | ▼ 37.2% |
| Profit (loss) for the period before taxes9903 | €5k | €14k | €-21k | €21k | €79k | ▲ 273% |
| Income taxes67/77 | €316 | €321 | - | €2k | €22k | ▲ 797% |
| Profit (loss) for the period9904 | €5k | €13k | €-21k | €19k | €58k | ▲ 206% |
| Profit (loss) for the period to be appropriated9905 | €5k | €13k | €-21k | €19k | €58k | ▲ 206% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30k | €47k | €127k | €213k | €215k | ▲ 1.1% |
| Fixed assets21/28 | €10k | €13k | €7k | €50k | €2k | ▼ 95.1% |
| Tangible fixed assets22/27 | €10k | €13k | €7k | €50k | €2k | ▼ 95.6% |
| Furniture and vehicles24 | - | €9k | €4k | €47k | - | - |
| Other tangible fixed assets26 | - | €4k | €3k | €3k | €2k | ▼ 20.0% |
| Financial fixed assets28 | - | - | - | €257 | €257 | = |
| Current assets29/58 | €20k | €34k | €120k | €163k | €213k | ▲ 30.6% |
| Amounts receivable within one year40/41 | €15k | €32k | €119k | €161k | €213k | ▲ 32.0% |
| Trade receivables40 | - | €32k | €85k | €86k | €130k | ▲ 52.0% |
| Other amounts receivable41 | - | - | €34k | €76k | €82k | ▲ 9.2% |
| Cash at bank and in hand54/58 | €3k | €610 | €466 | €2k | €190 | ▼ 89.6% |
| Deferred charges and accrued income490/1 | - | €1k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30k | €47k | €127k | €213k | €215k | ▲ 1.1% |
| Equity10/15 | €-12k | €1k | €-20k | €-953 | €57k | ▲ 6,062% |
| Contributions10/11 | €15k | €15k | €15k | €15k | €15k | = |
| Capital10 | - | €15k | €15k | €15k | €15k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-28k | €-14k | €-35k | €-16k | €42k | ▲ 359% |
| Amounts payable17/49 | €43k | €46k | €146k | €214k | €158k | ▼ 25.9% |
| Amounts payable after more than one year17 | €1k | €24k | €34k | €47k | €32k | ▼ 31.8% |
| Financial debts170/4 | - | €22k | €33k | €46k | €31k | ▼ 32.8% |
| Other amounts payable178/9 | - | €1k | €1k | €1k | €1k | = |
| Amounts payable within one year42/48 | €41k | €22k | €112k | €167k | €126k | ▼ 24.3% |
| Current portion of amounts payable after more than one year42 | - | - | €12k | €14k | €15k | ▲ 4.7% |
| Trade debts44 | €8k | €12k | €95k | €131k | €84k | ▼ 35.7% |
| Suppliers440/4 | - | €12k | €95k | €131k | €84k | ▼ 35.7% |
| Taxes, remuneration and social security45 | - | €7k | €5k | €22k | €26k | ▲ 18.6% |
| Taxes450/3 | - | €7k | €5k | €20k | €26k | ▲ 29.5% |
| Remuneration and social security454/9 | - | - | - | €2k | €496 | ▼ 78.1% |
| Other amounts payable47/48 | - | €3k | - | - | €1k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €13k | €-21k | €19k | €58k | ▲ 206% |
| + Depreciation and write-downs630 | €2k | €4k | €4k | €15k | €1k | ▼ 92.4% |
| Operating cash flow (approximation) | €7k | €18k | €-17k | €34k | €59k | ▲ 75.2% |
| Investment in fixed assets (approximation) | - | €-7k | €2k | €-58k | €46k | ▲ 180% |
| Change in cash | - | €-2k | €-144 | €1k | €-2k | ▼ 220% |
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
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €58k ▲206%
Operating result €78k, net result €58k, both a record.
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1.54
Current ratio from 0.49 to 1.54; short-term debt falls from €41k to €22k.
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 137 days late
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 502 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2019
Ground area
355 m²
Building footprint
144 m²
Volume, LiDAR
2,257 m³
Parcel 21013B0077/00G006, Brussels · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Le Zéro
since 20192.284.466.497
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0077/00G006 | Brussels | 355 m² | 1 · 144 m² | 19.6 m · 5 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.
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Of 159 companies in sector 59140 we hold annual accounts for 87. 51 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 (pre-2019)
Founded16-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
59140Motion picture, video and television programme production, sound recording and music publishing activities
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
59130Motion picture, video and television programme production, sound recording and music publishing activities
Scores and ratios are computed by Checked and are not a credit decision.