Zenchef Belgium
ActiveZenchef Belgium has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €949k and a net result of €-42k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 1632 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▲+30
Solvency42▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.38 in 2024; short-term debt: 63.7% and cash: 11.6% of total assets), and 82.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
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
17.2%
Return on assets
-0.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
118 d late
2023
22 d late
2022
92 d late
2021
58 d late
2020
40 d late
2019
89 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€949k▲ 21.4%
2024 · €782k
2018: €67k
2019: €99k
2020: €107k
2021: €812k
2022: €815k
2023: €741k
2024: €782k
2018 → 2025
Total assets
€5.51M▲ 13.2%
2024 · €4.86M
2018: €756k
2019: €680k
2020: €588k
2021: €1.68M
2022: €1.64M
2023: €1.60M
2024: €4.86M
2018 → 2025
Net result
€-42k▲ 90.5%
2024 · €-440k
2018: €86k
2019: €32k
2020: €8k
2021: €45k
2022: €4k
2023: €-74k
2024: €-440k
2018 → 2025
Working capital
€-1.55M▲ 24.3%
2024 · €-2.04M
2018: €29k
2019: €-49k
2020: €-30k
2021: €-41k
2022: €56k
2023: €71k
2024: €-2.04M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€812k-€815k▲ 0.5%€741k▼ 9.1%€782k▲ 5.6%€949k▲ 21.4%
Operating result€-83k-€-74k▲ 10.7%€-129k▼ 74.7%€-448k▼ 247%€29k
Net result€45k-€4k▼ 91.4%€-74k€-440k▼ 491%€-42k▲ 90.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €29k after a loss of €448k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.51M
Fixed assets
€3.55M▼ 1.6%
Current assets
€1.96M▲ 55.5%
Equity and liabilities €5.51M
Equity
€949k▲ 21.4%
Debt
€4.56M▲ 11.6%
The debt ratio falls from 83.9% to 82.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€109k▲
2024 · €-366k
Cash flow
€38k▲
2024 · €-358k
Solvency
17.2%▲
2024 · 16.1%
Current ratio
0.56▲
2024 · 0.38
Quick ratio
0.56▲
2024 · 0.38
Debt / equity
4.80▼
2024 · 5.22
ROE
-4.4%▲
2024 · -56.2%
ROA
-0.8%▲
2024 · -9.0%
Interest coverage
2.31▲
2024 · -61.46
Debt
€4.56M▲
2024 · €4.08M
Debt ≤ 1 year
€3.50M▲
2024 · €3.30M
Income taxes
€27k▲
2024 · €16k
Staff costs
€1.31M▲
2024 · €823k
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€4.86M€5.51M▲
Fixed assets21/28€3.61M€3.55M▼
Intangible fixed assets21€852k€789k▼
Tangible fixed assets22/27€18k€23k▲
Plant, machinery and equipment23-€17k
Furniture and vehicles24€18k€6k▼
Financial fixed assets28€2.74M€2.74M=
Current assets29/58€1.26M€1.96M▲
Amounts receivable within one year40/41€916k€1.32M▲
Trade receivables40€528k€469k▼
Other amounts receivable41€387k€848k▲
Cash at bank and in hand54/58€344k€641k▲
Equity and liabilities
Total equity and liabilities10/49€4.86M€5.51M▲
Equity10/15€782k€949k▲
Contributions10/11€163k€213k▲
Reserves13€767k€924k▲
Non-distributable reserves130/1€7k€12k▲
Reserves not available under the articles1311€7k€12k▲
Distributable reserves133€759k€912k▲
Profit (loss) carried forward14€-148k€-188k▼
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€4.08M€4.56M▲
Amounts payable within one year42/48€3.30M€3.50M▲
Trade debts44€129k€180k▲
Suppliers440/4€129k€180k▲
Taxes, remuneration and social security45€268k€706k▲
Taxes450/3€140k€442k▲
Remuneration and social security454/9€128k€264k▲
Other amounts payable47/48€2.90M€2.62M▼
Accrued charges and deferred income492/3€781k€1.05M▲
Income statement
Code20242025
Remuneration, social security and pensions62€823k€1.31M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€80k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€121k€-57k▼
Other operating charges640/8€5k€937k▲
Gross operating margin9900€583k€2.30M▲
Operating profit (loss)9901€-448k€29k▲
Financial income75/76B€36k€3k▼
Recurring financial income75€32k€3k▼
Non-recurring financial income76B€4k€0▼
Financial charges65/66B€12k€47k▲
Recurring financial charges65€6k€47k▲
Non-recurring financial charges66B€6k€0▼
Profit (loss) for the period before taxes9903€-424k€-15k▲
Income taxes67/77€16k€27k▲
Profit (loss) for the period9904€-440k€-42k▲
Profit (loss) for the period to be appropriated9905€-440k€-42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-148k€-188k▼
Profit (loss) brought forward from the previous period14P€292k€-146k▼
Social balance
Average headcount (FTE)90870.016.6▲
The notes to these accounts (17 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 118 days late
2024
31-12
Financial
Weakest financial yearnet €-440k
Net result drops to €-440k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 58 days late
2021
31-12
Financial
Equity above €500kEq €812k ▲662%
4 profitable years in a row build equity to €812k.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 40 days late
2020
31-12
Financial
Equity above €100kEq €107k ▲7.7%
3 profitable years in a row build equity to €107k.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 90 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-01-2024
Nicolas de Borrekens: Resigned as Director
18-01-2024
Paul Slootmans: Resigned as Director
16-09-2015
1105 real estate: Resigned as Director
16-09-2015
Johannes De Ridder: Resigned as Director
16-09-2015
Kristof Bossuyt: Resigned as Director
16-09-2015
Ruben Van den Bossche: Resigned as Director
16-09-2015
Thomas Van Sundert: Resigned as Director
10-03-2014
MICHIELS Gerrit: Resigned as Director
24-07-2013
Johannes De Ridder: Resigned as Director
24-07-2013
Schutter Steven: Resigned as Director
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 2012
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.
De Kleetlaan 5BC1831 Machelen (Brab.)Ground area
1.3 ha
Building footprint
2,261 m²
Volume, LiDAR
34,490 m³
2 parcels, Flanders · tallest building 26.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Zenchef Belgium
since 20122.213.456.955
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0091/00Z003 | Flanders | 8,805 m² | 1 · 1,328 m² | 26.1 m · 7 fl. |
| 23078A0352/00G000 | Flanders | 4,130 m² | 1 · 933 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
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Billups
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Koekelberg · Eq €1.05M
ARCTIS
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Of 808 companies in sector 73120 we hold annual accounts for 281. 146 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2012
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
73120Media representation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.