ZERO
ActiveSummary
ZERO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-67k) and a net result of €-42k. Equity is shrinking by ~51.6% per year across the filed fiscal years. Its solvency ranks better than 8% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-8
Solvency0▼-9
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.86 in 2024; short-term debt: 171.6% and cash: 8.4% of total assets), and equity is negative.
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 · 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 2025Solvency, return and age of the figures
Solvency
-71.6%
Return on assets
-45%
Age of the figures
18 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-67k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-11-2025, 26 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
26 d late
2024
21 d early
2023
14 d late
2022
14 d early
2021
12 d early
2020
38 d early
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-67k▼ 170%
2024 · €-25k
2019: €39khighest in 7 years
2020: €36k▼ -8.1% vs 2019
2021: €34k▼ -4.8% vs 2020
2022: €28k▼ -17.0% vs 2021
2023: €-6k▼ -122% vs 2022
2024: €-25k▼ -289% vs 2023
2025: €-67k▼ -170% vs 2024lowest in 7 years
2019 → 2025
Total assets
€93k▼ 41.1%
2024 · €159k
2019: €387khighest in 7 years
2020: €306k▼ -20.8% vs 2019
2021: €238k▼ -22.2% vs 2020
2022: €218k▼ -8.5% vs 2021
2023: €170k▼ -21.8% vs 2022
2024: €159k▼ -6.9% vs 2023
2025: €93k▼ -41.1% vs 2024lowest in 7 years
2019 → 2025
Net result
€-42k▼ 128%
2024 · €-18k
2019: €-32k
2020: €-3k▲ +90.1% vs 2019highest in 7 years
2021: €-6k▼ -81.0% vs 2020
2022: €-12k▼ -105% vs 2021
2023: €-37k▼ -218% vs 2022
2024: €-18k▲ +50.5% vs 2023
2025: €-42k▼ -128% vs 2024lowest in 7 years
2019 → 2025
Working capital
€-69k▼ 180%
2024 · €-25k
2019: €3k
2020: €15k▲ +378% vs 2019
2021: €38k▲ +159% vs 2020highest in 7 years
2022: €25k▼ -33.9% vs 2021
2023: €-6k▼ -125% vs 2022
2024: €-25k▼ -288% vs 2023
2025: €-69k▼ -180% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€28k▼ 17.0%€-6k€-25k▼ 289%€-67k▼ 170%
2021: €34khighest in 5 years
2022: €28k▼ -17.0% vs 2021
2023: €-6k▼ -122% vs 2022
2024: €-25k▼ -289% vs 2023
2025: €-67k▼ -170% vs 2024lowest in 5 years
Operating result€4k-€-4k€-27k▼ 602%€-5k▲ 80.4%€-29k▼ 461%
2021: €4khighest in 5 years
2022: €-4k▼ -204% vs 2021
2023: €-27k▼ -602% vs 2022
2024: €-5k▲ +80.4% vs 2023
2025: €-29k▼ -461% vs 2024lowest in 5 years
Net result€-6k-€-12k▼ 105%€-37k▼ 218%€-18k▲ 50.5%€-42k▼ 128%
2021: €-6khighest in 5 years
2022: €-12k▼ -105% vs 2021
2023: €-37k▼ -218% vs 2022
2024: €-18k▲ +50.5% vs 2023
2025: €-42k▼ -128% vs 2024lowest in 5 years
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 stays negative: a loss of €29k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
Assets €93k
Fixed assets
€2k
Current assets
€91k
Key figures and ratios
EBITDA
€-29k
Cash flow
€-42k
Solvency
-71.6%▼
2024 · -15.7%
Current ratio
0.57▼
2024 · 0.86
Quick ratio
0.24▼
2024 · 0.31
Debt to equity
-2.40▲
2024 · -7.39
ROA
-45.0%▼
2024 · -11.6%
Interest coverage
-2.20
Debt
€160k▼
2024 · €183k
Debt ≤ 1 year
€160k▼
2024 · €183k
Income taxes
€6▼
2024 · €201
Staff costs
€66k▼
2024 · €77k
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 · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€159k€93k▼
Fixed assets21/28-€2k
Tangible fixed assets22/27-€2k
Plant, machinery and equipment23-€2k
Current assets29/58€159k€91k▼
Stocks and contracts in progress3€101k€52k▼
Stocks30/36€101k€52k▼
Amounts receivable within one year40/41€36k€31k▼
Trade receivables40€36k€31k▼
Other amounts receivable41-€90
Cash at bank and in hand54/58€21k€8k▼
Deferred charges and accrued income490/1€18€18=
Equity and liabilities
Total equity and liabilities10/49€159k€93k▼
Equity10/15€-25k€-67k▼
Contributions10/11€19k€19k=
Reserves13€46k€46k=
Tax-exempt reserves132€46k€46k=
Profit (loss) carried forward14€-90k€-132k▼
Amounts payable17/49€183k€160k▼
Amounts payable within one year42/48€183k€160k▼
Financial debts43€89k€84k▼
Credit institutions430/8€89k€84k▼
Trade debts44€32k€22k▼
Suppliers440/4€32k€22k▼
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€59k€55k▼
Income statement
Code20242025
Non-recurring operating income76A€1k€11▼
Remuneration, social security and pensions62€77k€66k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€499
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€136
Other operating charges640/8€523€541▲
Gross operating margin9900€73k€38k▼
Operating profit (loss)9901€-5k€-29k▼
Financial income75/76B€153€362▲
Recurring financial income75€153€362▲
Financial charges65/66B€13k€13k▲
Recurring financial charges65€13k€13k▼
Non-recurring financial charges66B€1€361▲
Profit (loss) for the period before taxes9903€-18k€-42k▼
Income taxes67/77€201€6▼
Profit (loss) for the period9904€-18k€-42k▼
Profit (loss) for the period to be appropriated9905€-18k€-42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-90k€-132k▼
Profit (loss) brought forward from the previous period14P€-71k€-90k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2 | €2k | €1k | €11 | ▼ 99.0% |
| Remuneration, social security and pensions62 | - | €65k | €79k | €77k | €66k | ▼ 14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40k | €33k | €33k | - | €499 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €136 | - |
| Other operating charges640/8 | - | €507 | €509 | €523 | €541 | ▲ 3.4% |
| Gross operating margin9900 | €104k | €95k | €86k | €73k | €38k | ▼ 47.9% |
| Operating profit (loss)9901 | €4k | €-4k | €-27k | €-5k | €-29k | ▼ 461% |
| Financial income75/76B | - | €794 | €548 | €153 | €362 | ▲ 137% |
| Recurring financial income75 | €1k | €794 | €548 | €153 | €362 | ▲ 137% |
| Financial charges65/66B | - | €8k | €11k | €13k | €13k | ▲ 1.1% |
| Recurring financial charges65 | €10k | €8k | €11k | €13k | €13k | ▼ 1.7% |
| Non-recurring financial charges66B | - | €12 | €1 | €1 | €361 | ▲ 35,613% |
| Profit (loss) for the period before taxes9903 | €-5k | €-11k | €-37k | €-18k | €-42k | ▼ 131% |
| Income taxes67/77 | €319 | €333 | €353 | €201 | €6 | ▼ 97.2% |
| Profit (loss) for the period9904 | €-6k | €-12k | €-37k | €-18k | €-42k | ▼ 128% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-12k | €-37k | €-18k | €-42k | ▼ 128% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €238k | €218k | €170k | €159k | €93k | ▼ 41.1% |
| Fixed assets21/28 | €67k | €33k | €10 | - | €2k | - |
| Tangible fixed assets22/27 | €67k | €33k | - | - | €2k | - |
| Land and buildings22 | - | €33k | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | - | €2k | - |
| Financial fixed assets28 | €10 | €10 | €10 | - | - | - |
| Current assets29/58 | €172k | €185k | €170k | €159k | €91k | ▼ 42.6% |
| Stocks and contracts in progress3 | €104k | €107k | €121k | €101k | €52k | ▼ 48.8% |
| Stocks30/36 | - | €107k | €121k | €101k | €52k | ▼ 48.8% |
| Amounts receivable within one year40/41 | €53k | €45k | €32k | €36k | €31k | ▼ 13.9% |
| Trade receivables40 | - | €45k | €32k | €36k | €31k | ▼ 14.2% |
| Other amounts receivable41 | - | - | - | - | €90 | - |
| Cash at bank and in hand54/58 | €15k | €31k | €18k | €21k | €8k | ▼ 62.5% |
| Deferred charges and accrued income490/1 | - | €2k | - | €18 | €18 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €238k | €218k | €170k | €159k | €93k | ▼ 41.1% |
| Equity10/15 | €34k | €28k | €-6k | €-25k | €-67k | ▼ 170% |
| Contributions10/11 | - | €16k | €19k | €19k | €19k | = |
| Reserves13 | €48k | €48k | €46k | €46k | €46k | = |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Tax-exempt reserves132 | - | €46k | €46k | €46k | €46k | = |
| Profit (loss) carried forward14 | €-24k | €-36k | €-71k | €-90k | €-132k | ▼ 46.9% |
| Amounts payable17/49 | €204k | €190k | €177k | €183k | €160k | ▼ 12.6% |
| Amounts payable after more than one year17 | €70k | €30k | - | - | - | - |
| Financial debts170/4 | - | €30k | - | - | - | - |
| Amounts payable within one year42/48 | €134k | €160k | €177k | €183k | €160k | ▼ 12.6% |
| Current portion of amounts payable after more than one year42 | - | €40k | €3k | - | - | - |
| Financial debts43 | - | €59k | €80k | €89k | €84k | ▼ 5.6% |
| Credit institutions430/8 | - | €59k | €80k | €89k | €84k | ▼ 5.6% |
| Trade debts44 | €31k | €26k | €31k | €32k | €22k | ▼ 32.4% |
| Suppliers440/4 | - | €26k | €31k | €32k | €22k | ▼ 32.4% |
| Taxes, remuneration and social security45 | - | €5k | €3k | €3k | - | - |
| Taxes450/3 | - | €5k | €3k | €3k | - | - |
| Remuneration and social security454/9 | - | €773 | - | - | - | - |
| Other amounts payable47/48 | - | €29k | €59k | €59k | €55k | ▼ 7.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-12k | €-37k | €-18k | €-42k | ▼ 128% |
| + Depreciation and write-downs630 | €40k | €33k | €33k | - | €499 | - |
| Operating cash flow (approximation) | €34k | €22k | €-4k | €-18k | €-42k | ▼ 126% |
| Investment in fixed assets (approximation) | - | €0 | €435 | - | - | - |
| Change in cash | - | €15k | €-13k | €3k | €-13k | ▼ 492% |
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
Next filing, fiscal year 2026, expected by
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
31-03
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series.
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-10
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.
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.
Have them read with priority
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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, Antwerpen · 1 establishment unit since 2002
Ground area
1,639 m²
Building footprint
131 m²
Volume, LiDAR
2,228 m³
Parcel 11811L3630/00M002, Flanders · tallest building 20.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Volkstraat 52-56, 2000 Antwerpen
since 20022.096.172.176
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3630/00M002 | Flanders | 1,639 m² | 1 · 131 m² | 20.3 m · 6 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,250 EUR awarded · 2,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,250 EUR | 2,250 EUR |
Schemes
Subsidies voor internationaal ondernemen
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Of 3,839 companies in sector 74111 we hold annual accounts for 1,006. 540 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
Founded12-06-2002
Fiscal year end31-03
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
47713Retail trade
Scores and ratios are computed by Checked and are not a credit decision.