Z U
ActiveZ U has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €43k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 59% of 7921 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+49
Solvency96▼-4
Growth58=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.76 against 16.9 in 2024), and 46.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.4%
Return on assets
31.8%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
2 d early
2023
4 d early
2022
2 d early
2021
16 d early
2020
36 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€72k▲ 4.4%
2024 · €69k
2018: €73k
2019: €94k
2020: €105k
2021: €107k
2022: €107k
2023: €107k
2024: €69k
2018 → 2025
Total assets
€136k▲ 50.1%
2024 · €90k
2018: €130k
2019: €150k
2020: €171k
2021: €188k
2022: €222k
2023: €178k
2024: €90k
2018 → 2025
Net result
€43k▲ 506%
2024 · €7k
2018: €4k
2019: €36k
2020: €46k
2021: €72k
2022: €97k
2023: €50k
2024: €7k
2018 → 2025
Working capital
€84k▲ 3.5%
2024 · €81k
2018: €48k
2019: €64k
2020: €69k
2021: €69k
2022: €74k
2023: €68k
2024: €81k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€107k-€107k=€107k▲ 0.4%€69k▼ 35.4%€72k▲ 4.4%
Operating result€73k-€98k▲ 32.8%€50k▼ 48.9%€11k▼ 78.1%€46k▲ 320%
Net result€72k-€97k▲ 34.0%€50k▼ 47.8%€7k▼ 85.9%€43k▲ 506%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 320% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€4k▼ 9.4%
Current assets
€132k▲ 52.9%
Equity and liabilities €136k
Equity
€72k▲ 4.4%
Debt
€63k▲ 201%
The debt ratio rises from 23.3% to 46.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€46k▲
2024 · €11k
Cash flow
€43k▲
2024 · €7k
Solvency
53.4%▼
2024 · 76.7%
Current ratio
2.76▼
2024 · 16.90
Quick ratio
2.76▼
2024 · 16.90
Debt / equity
0.87▲
2024 · 0.30
ROE
59.6%▲
2024 · 10.3%
ROA
31.8%▲
2024 · 7.9%
Interest coverage
45.71▲
2024 · 12.16
Debt
€63k▲
2024 · €21k
Debt ≤ 1 year
€48k▲
2024 · €5k
Income taxes
€2k▼
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€90k€136k▲
Fixed assets21/28€4k€4k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€376€376=
Current assets29/58€86k€132k▲
Amounts receivable within one year40/41€73k€119k▲
Trade receivables40€3k€4k▲
Other amounts receivable41€70k€115k▲
Cash at bank and in hand54/58€12k€8k▼
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€90k€136k▲
Equity10/15€69k€72k▲
Contributions10/11€45k€45k=
Reserves13€24k€27k▲
Non-distributable reserves130/1€1k€0▼
Reserves not available under the articles1311€1k€0▼
Distributable reserves133€23k€27k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€21k€63k▲
Amounts payable within one year42/48€5k€48k▲
Trade debts44€882€2k▲
Suppliers440/4€882€2k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€1k€44k▲
Accrued charges and deferred income492/3€16k€15k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€355€375▲
Other operating charges640/8€563€757▲
Gross operating margin9900€12k€47k▲
Operating profit (loss)9901€11k€46k▲
Financial income75/76B€36€59▲
Recurring financial income75€36€59▲
Financial charges65/66B€926€1k▲
Recurring financial charges65€926€1k▲
Profit (loss) for the period before taxes9903€10k€45k▲
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€7k€43k▲
Profit (loss) for the period to be appropriated9905€7k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€43k▲
Transfer to equity691/2€7k€3k▼
To the legal reserve6920-€0
To other reserves6921€7k€3k▼
Profit to be distributed694/7-€40k
Directors or managers695-€40k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity times 8current ratio 16.90
Current ratio from 2.07 to 16.90; short-term debt falls from €64k to €5k.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €97k ▲34%
Operating result €98k, net result €97k, both a record.
14-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €100kEq €105k ▲11.2%
3 profitable years in a row build equity to €105k.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
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.
Directors · office · real estate
Directors
4 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, Tongeren-Borgloon · 1 establishment unit since 2002
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.
Martinusstraat 363840 Tongeren-BorgloonGround area
699 m²
Building footprint
114 m²
Volume, LiDAR
746 m³
Parcel 73016A0504/00E000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Martinusstraat 36, 3840 Tongeren-Borgloon
since 20022.114.625.536
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73016A0504/00E000 | Flanders | 699 m² | 1 · 114 m² | 9.1 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
GROEN AKTIEF
BE 0459.680.327
Zoutleeuw · Eq €72k
CUISIMEUBLES ET DECOR
BE 0437.244.326
Mouscron · Eq €72k
DERA
BE 0464.836.470
Oudsbergen · Eq €73k
PUBLIKADO
BE 0425.822.971
Sint-Truiden · Eq €74k
van Bruggen Nicolas
BE 0866.636.305
Chaumont-Gistoux · Eq €74k
Of 674 companies in sector 46494 we hold annual accounts for 527. 327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2002
Fiscal year end30-09
Activities, NACEBEL
46494Wholesale of non-electrical household articles
51471
46150Agents in the wholesale of furniture, household goods and hardware
47551Retail sale of household furniture
47591Retail trade
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.