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ZESU

Active
Private limited company· 5 yrs active
Drieputtenstraat 5 ·9240 Zele, Belgium
Open bankruptcy
KBO/BCE: BE 0755.837.460
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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for ZESU according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-21k) and a net result of €-1k.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
20-02-2026
Bankruptcy Opening
Date: 16-02-2026 · Ondernemingsrechtbank Gent, afdeling Dendermonde · ZESU BV DRIEPUTTEN- STRAAT 5, 9240 ZELE · Publications in State Gazette ↗

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-1k+55.7%
Working capital€-21k-7.1%
Directors1

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 18-11-2025 with the NBB · fiscal year 2024 · micro
€-20k€-10k€0Operating result 2021: €5k€5kNet result 2021: €-471€-471Operating result 2022: €-19k€-19kNet result 2022: €-17k€-17kOperating result 2023: €-3k€-3kNet result 2023: €-3k€-3kOperating result 2024: €-1k€-1kNet result 2024: €-1k€-1k2021202220232024
Operating resultNet result
EBITDA
€-3k
+85.3% 21-24
Net profit
€-1k
+55.7% 21-24
Cash flow
€-3k
+82.3% 21-24
Total assets
€1k
-42.1% 21-24
Equity
€-21k
-7.1% 21-24
Working capital
€-21k
-7.1% 21-24
Income taxes
€1k
- 21-24
Debt
€22k
+3.0% 21-24
Debt ≤ 1y
€22k
+3.0% 21-24
Current ratio
0.05
-43.7% 21-24
Quick ratio
0.05
-43.7% 21-24
Solvency
-2011.5%
-84.9% 21-24
Debt / equity
-1.05
+3.9% 21-24
ROE
6.6%
-58.7% 21-24
ROA
-133.2%
+23.6% 21-24
Interest coverage
-13.28
+93.3% 21-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA-
Net profit€-1k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€1k
Equity€-21k
Debt€22k
of which ≤ 1y€22k
of which > 1y-
Working capital€-21k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.05
Quick ratio0.05
Working capital ratio-2011.5%
Solvency-2011.5%
Debt / equity-1.05
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-133.2%
ROE6.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1k
Current assets 29/58€1k
Amounts receivable within one year 40/41€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1k
Equity 10/15€-21k
Contributions / capital 10/11€1k
Accumulated profits (losses) 14€-22k
Amounts payable 17/49€22k
Amounts payable within one year 42/48€22k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€-1k
Operating result 9901€-1k
Financial charges 65€47
Result before taxes 9903€-1k
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator LAURI MONSECOUR
AFSPANNINGSTRAAT 33, 9300 AALST
16-02-2026 → present Belgian State Gazette

Legal Structure

NACE primary -
Legal form Private limited company(610)
Incorporation07-10-2020
StatusActive
Postal code9240
First BS signal 20-02-2026
Latest BS signal 20-02-2026

Structure & network

Company structure: linked entities

1 linked entity
ZESUBE 0755.837.460LAURI MONSECOURReceiver ↔ 71SMART JOHNSCONSSURKluisbouw
Mandates
1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Locations & real estate

Establishment units

1 location
ZESU
Drieputtenstraat 5, 9240 ZeleBouwrijp maken van terreinen
since 20202.308.334.833
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area190 m²
Buildings1
Building footprint102 m²
Volume (LiDAR)640 m³
Tallest building11.9 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42402F0477/00M004 Flanders 190 m² 1 · 102 m² 11.9 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
20-02-2026
Bankruptcy Opening
Date: 16-02-2026 · Ondernemingsrechtbank Gent, afdeling Dendermonde · ZESU BV DRIEPUTTEN- STRAAT 5, 9240 ZELE · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-02-20 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability33Solvency33Growth32Stability0
20 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 33
Solvency 33
Growth 32
Stability 0

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL ZESU
Registered office
Drieputtenstraat 5
9240 Zele, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.