ZEVEN
ActiveSummary
ZEVEN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €265k and a net result of €26k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 46% of 958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-5
Solvency71▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.2 in 2024; short-term debt: 38% and cash: 3.2% of total assets), and 53.9% 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○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
46.1%
Return on assets
4.5%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €265k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-04-2026, 101 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
101 d early
2024
76 d early
2023
65 d late
2022
65 d late
2021
85 d late
2020
1 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€265k▲ 10.9%
2024 · €239k
2018: €205k
2019: €205k▲ +0.1% vs 2018
2020: €260k▲ +27.0% vs 2019
2021: €307k▲ +18.0% vs 2020highest in 8 years
2022: €192k▼ -37.5% vs 2021
2023: €188k▼ -1.8% vs 2022lowest in 8 years
2024: €239k▲ +26.9% vs 2023
2025: €265k▲ +10.9% vs 2024
2018 → 2025
Total assets
€576k▼ 9.1%
2024 · €634k
2018: €766k
2019: €708k▼ -7.7% vs 2018
2020: €786k▲ +11.0% vs 2019
2021: €927k▲ +17.9% vs 2020highest in 8 years
2022: €787k▼ -15.1% vs 2021
2023: €711k▼ -9.7% vs 2022
2024: €634k▼ -10.8% vs 2023
2025: €576k▼ -9.1% vs 2024lowest in 8 years
2018 → 2025
Net result
€26k▼ 48.7%
2024 · €51k
2018: €-18k
2019: €249▲ +101% vs 2018
2020: €55k▲ +22159% vs 2019highest in 8 years
2021: €47k▼ -15.3% vs 2020
2022: €-115k▼ -346% vs 2021lowest in 8 years
2023: €-10k▲ +91.6% vs 2022
2024: €51k▲ +627% vs 2023
2025: €26k▼ -48.7% vs 2024
2018 → 2025
Working capital
€99k▲ 107%
2024 · €48k
2018: €84k
2019: €85k▲ +1.2% vs 2018
2020: €121k▲ +42.0% vs 2019
2021: €138k▲ +13.4% vs 2020highest in 8 years
2022: €22k▼ -84.3% vs 2021
2023: €8k▼ -62.9% vs 2022lowest in 8 years
2024: €48k▲ +494% vs 2023
2025: €99k▲ +107% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€307k-€192k▼ 37.5%€188k▼ 1.8%€239k▲ 26.9%€265k▲ 10.9%
2021: €307khighest in 5 years
2022: €192k▼ -37.5% vs 2021
2023: €188k▼ -1.8% vs 2022lowest in 5 years
2024: €239k▲ +26.9% vs 2023
2025: €265k▲ +10.9% vs 2024
Operating result€66k-€-104k€3k€62k▲ 2,383%€35k▼ 44.2%
2021: €66khighest in 5 years
2022: €-104k▼ -257% vs 2021lowest in 5 years
2023: €3k▲ +102% vs 2022
2024: €62k▲ +2383% vs 2023
2025: €35k▼ -44.2% vs 2024
Net result€47k-€-115k€-10k▲ 91.6%€51k€26k▼ 48.7%
2021: €47k
2022: €-115k▼ -346% vs 2021lowest in 5 years
2023: €-10k▲ +91.6% vs 2022
2024: €51k▲ +627% vs 2023highest in 5 years
2025: €26k▼ -48.7% vs 2024
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 falls in 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €576k
Fixed assets
€258k ▼ 24.5%
Current assets
€318k ▲ 8.8%
Equity and liabilities €576k
Equity
€265k ▲ 10.9%
Debt
€311k ▼ 21.2%
Debt's share of the balance-sheet total falls from 62.3% to 53.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€118k▼
2024 · €143k
Cash flow
€110k▼
2024 · €131k
Current ratio
1.45▲
2024 · 1.20
Quick ratio
0.93▲
2024 · 0.74
Debt to equity
1.17▼
2024 · 1.65
ROE
9.8%▼
2024 · 21.2%
ROA
4.5%▼
2024 · 8.0%
Interest coverage
12.54▲
2024 · 11.61
Debt ≤ 1 year
€219k▼
2024 · €245k
Debt > 1 year
€87k▼
2024 · €147k
Income taxes
€475▲
2024 · €272
Staff costs
€240k▲
2024 · €230k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€634k€576k▼
Fixed assets21/28€341k€258k▼
Intangible fixed assets21€2k€750▼
Tangible fixed assets22/27€339k€257k▼
Land and buildings22€210k€184k▼
Plant, machinery and equipment23€52k€41k▼
Furniture and vehicles24€15k€12k▼
Leasing and similar rights25€62k€19k▼
Current assets29/58€292k€318k▲
Stocks and contracts in progress3€112k€113k▲
Stocks30/36€90k€95k▲
Contracts in progress37€22k€18k▼
Amounts receivable within one year40/41€139k€132k▼
Trade receivables40€137k€130k▼
Other amounts receivable41€2k€2k▼
Current investments50/53€26k€44k▲
Cash at bank and in hand54/58€7k€18k▲
Deferred charges and accrued income490/1€9k€11k▲
Equity and liabilities
Total equity and liabilities10/49€634k€576k▼
Equity10/15€239k€265k▲
Contributions10/11€189k€189k=
Reserves13€178k€178k=
Distributable reserves133€178k€178k=
Profit (loss) carried forward14€-128k€-102k▲
Amounts payable17/49€395k€311k▼
Amounts payable after more than one year17€147k€87k▼
Financial debts170/4€147k€87k▼
Amounts payable within one year42/48€245k€219k▼
Current portion of amounts payable after more than one year42€86k€61k▼
Financial debts43€6€0▼
Credit institutions430/8€6€0▼
Trade debts44€86k€78k▼
Suppliers440/4€86k€78k▼
Advances received on contracts in progress46€799€0▼
Taxes, remuneration and social security45€38k€48k▲
Taxes450/3€11k€11k▼
Remuneration and social security454/9€27k€37k▲
Other amounts payable47/48€33k€33k▼
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€230k€240k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€84k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€379k€365k▼
Operating profit (loss)9901€62k€35k▼
Financial income75/76B€996€1k▲
Recurring financial income75€996€1k▲
Financial charges65/66B€12k€9k▼
Recurring financial charges65€12k€9k▼
Profit (loss) for the period before taxes9903€51k€27k▼
Income taxes67/77€272€475▲
Profit (loss) for the period9904€51k€26k▼
Profit (loss) for the period to be appropriated9905€51k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-128k€-102k▲
Profit (loss) brought forward from the previous period14P€-178k€-128k▲
The notes to these accounts (11 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €116k | €135k | €162k | €230k | €240k | ▲ 4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73k | €76k | €77k | €80k | €84k | ▲ 3.8% |
| Other operating charges640/8 | €3k | €6k | €7k | €6k | €7k | ▲ 12.6% |
| Gross operating margin9900 | €259k | €113k | €249k | €379k | €365k | ▼ 3.5% |
| Operating profit (loss)9901 | €66k | €-104k | €3k | €62k | €35k | ▼ 44.2% |
| Financial income75/76B | €2k | €577 | €27 | €996 | €1k | ▲ 18.7% |
| Recurring financial income75 | €2k | €577 | €27 | €996 | €1k | ▲ 18.7% |
| Financial charges65/66B | €10k | €11k | €12k | €12k | €9k | ▼ 23.3% |
| Recurring financial charges65 | €10k | €11k | €12k | €12k | €9k | ▼ 23.3% |
| Profit (loss) for the period before taxes9903 | €58k | €-115k | €-9k | €51k | €27k | ▼ 48.0% |
| Income taxes67/77 | €11k | €309 | €436 | €272 | €475 | ▲ 74.8% |
| Profit (loss) for the period9904 | €47k | €-115k | €-10k | €51k | €26k | ▼ 48.7% |
| Profit (loss) for the period to be appropriated9905 | €47k | €-115k | €-10k | €51k | €26k | ▼ 48.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €927k | €787k | €711k | €634k | €576k | ▼ 9.1% |
| Fixed assets21/28 | €519k | €445k | €404k | €341k | €258k | ▼ 24.5% |
| Intangible fixed assets21 | €7k | €5k | €4k | €2k | €750 | ▼ 66.7% |
| Tangible fixed assets22/27 | €512k | €440k | €401k | €339k | €257k | ▼ 24.2% |
| Land and buildings22 | €285k | €259k | €236k | €210k | €184k | ▼ 12.3% |
| Plant, machinery and equipment23 | €37k | €33k | €60k | €52k | €41k | ▼ 20.1% |
| Furniture and vehicles24 | - | - | - | €15k | €12k | ▼ 20.0% |
| Leasing and similar rights25 | €190k | €147k | €105k | €62k | €19k | ▼ 68.9% |
| Current assets29/58 | €408k | €342k | €306k | €292k | €318k | ▲ 8.8% |
| Stocks and contracts in progress3 | €56k | €72k | €108k | €112k | €113k | ▲ 1.7% |
| Stocks30/36 | €41k | €47k | €92k | €90k | €95k | ▲ 5.9% |
| Contracts in progress37 | €15k | €24k | €16k | €22k | €18k | ▼ 15.6% |
| Amounts receivable within one year40/41 | €198k | €133k | €130k | €139k | €132k | ▼ 5.4% |
| Trade receivables40 | €196k | €125k | €127k | €137k | €130k | ▼ 5.2% |
| Other amounts receivable41 | €1k | €8k | €3k | €2k | €2k | ▼ 17.7% |
| Current investments50/53 | €69k | €8k | €44k | €26k | €44k | ▲ 68.3% |
| Cash at bank and in hand54/58 | €80k | €121k | €14k | €7k | €18k | ▲ 174% |
| Deferred charges and accrued income490/1 | €5k | €9k | €10k | €9k | €11k | ▲ 24.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €927k | €787k | €711k | €634k | €576k | ▼ 9.1% |
| Equity10/15 | €307k | €192k | €188k | €239k | €265k | ▲ 10.9% |
| Contributions10/11 | €183k | €183k | €189k | €189k | €189k | = |
| Reserves13 | €178k | €178k | €178k | €178k | €178k | = |
| Non-distributable reserves130/1 | €5k | €5k | €0 | - | - | - |
| Reserves not available under the articles1311 | €5k | €5k | €0 | - | - | - |
| Distributable reserves133 | €173k | €173k | €178k | €178k | €178k | = |
| Profit (loss) carried forward14 | €-54k | €-169k | €-178k | €-128k | €-102k | ▲ 20.4% |
| Amounts payable17/49 | €620k | €595k | €522k | €395k | €311k | ▼ 21.2% |
| Amounts payable after more than one year17 | €347k | €270k | €221k | €147k | €87k | ▼ 41.2% |
| Financial debts170/4 | €347k | €270k | €221k | €147k | €87k | ▼ 41.2% |
| Amounts payable within one year42/48 | €270k | €321k | €298k | €245k | €219k | ▼ 10.4% |
| Current portion of amounts payable after more than one year42 | €83k | €77k | €80k | €86k | €61k | ▼ 29.7% |
| Financial debts43 | - | - | - | €6 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €6 | €0 | ▼ 100% |
| Trade debts44 | €86k | €138k | €129k | €86k | €78k | ▼ 9.6% |
| Suppliers440/4 | €86k | €138k | €129k | €86k | €78k | ▼ 9.6% |
| Advances received on contracts in progress46 | - | €250 | €0 | €799 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €59k | €63k | €53k | €38k | €48k | ▲ 25.4% |
| Taxes450/3 | €37k | €27k | €15k | €11k | €11k | ▼ 3.5% |
| Remuneration and social security454/9 | €21k | €36k | €38k | €27k | €37k | ▲ 37.2% |
| Other amounts payable47/48 | €42k | €42k | €35k | €33k | €33k | ▼ 1.0% |
| Accrued charges and deferred income492/3 | €2k | €4k | €3k | €3k | €5k | ▲ 84.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47k | €-115k | €-10k | €51k | €26k | ▼ 48.7% |
| + Depreciation and write-downs630 | €73k | €76k | €77k | €80k | €84k | ▲ 3.8% |
| Operating cash flow (approximation) | €120k | €-39k | €68k | €131k | €110k | ▼ 16.5% |
| Investment in fixed assets (approximation) | - | €-2k | €-37k | €-17k | €0 | ▲ 100% |
| Change in cash | - | €41k | €-106k | €-8k | €12k | ▲ 249% |
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
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €51k
Net result €51k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €239k ▲26.9%
Equity rises from €188k to €239k.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 65 days late
2022
31-12
Financial
Weakest financial yearnet €-115k
Net result drops to €-115k, the lowest in the series; recovery starts the following year.
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 85 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €55k ▲22,159%
Operating result €79k, net result €55k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €249
Net result €249 after one loss-making year.
Show earlier events
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
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, Aalst · 1 establishment unit since 2003
Ground area
1.7 ha
Building footprint
8,042 m²
Volume, LiDAR
46,018 m³
Parcel 41342B0989/00E000, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Industrielaan 25, 9320 Aalst
since 20032.232.962.566
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0989/00E000 | Flanders | 1.7 ha | 1 · 8,042 m² | 12.3 m · 2 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 1,599 companies in sector 18120 we hold annual accounts for 807. 614 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
Founded03-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
Scores and ratios are computed by Checked and are not a credit decision.