ZEVENTIEN
ActiveSummary
ZEVENTIEN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €148k and a net result of €-3k. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-5
Solvency81▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.91 in 2023; short-term debt: 37.1% and cash: 0.8% of total assets), and 44% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 · 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 2024Solvency, return and age of the figures
Solvency
56%
Return on assets
-1.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
61 d late
2022
60 d late
2021
31 d late
2020
1 d early
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€148k▼ 2.3%
2023 · €151k
2018: €308k
2019: €342k
2020: €309k
2021: €316k
2022: €329k
2023: €151k
2018 → 2024
Total assets
€264k▲ 0.5%
2023 · €263k
2018: €355k
2019: €398k
2020: €316k
2021: €347k
2022: €415k
2023: €263k
2018 → 2024
Net result
€-3k
2023 · €7k
2018: €39k
2019: €34k
2020: €-4k
2021: €6k
2022: €14k
2023: €7k
2018 → 2024
Working capital
€-6k▲ 18.2%
2023 · €-8k
2018: €135k
2019: €183k
2020: €163k
2021: €175k
2022: €190k
2023: €-8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€309k-€316k▲ 2.1%€329k▲ 4.3%€151k▼ 54.1%€148k▼ 2.3%
Operating result€-4k-€9k€22k▲ 139%€13k▼ 40.4%€-5k
Net result€-4k-€6k€14k▲ 111%€7k▼ 47.1%€-3k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €13k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €264k
Fixed assets
€172k ▼ 8.7%
Current assets
€92k ▲ 23.7%
Equity and liabilities €264k
Equity
€148k ▼ 2.3%
Debt
€116k ▲ 4.1%
Debt's share of the balance-sheet total rises from 42.4% to 44.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€19k▼
2023 · €33k
Cash flow
€20k▼
2023 · €28k
Current ratio
0.94▲
2023 · 0.91
Debt to equity
0.79▲
2023 · 0.74
ROE
-2.3%▼
2023 · 4.8%
ROA
-1.3%▼
2023 · 2.8%
Interest coverage
10.31▼
2023 · 16.38
Debt ≤ 1 year
€98k▲
2023 · €82k
Debt > 1 year
€18k▼
2023 · €30k
Income taxes
€0▼
2023 · €4k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€263k€264k▲
Fixed assets21/28€188k€172k▼
Tangible fixed assets22/27€188k€172k▼
Land and buildings22€147k€143k▼
Furniture and vehicles24€41k€29k▼
Current assets29/58€74k€92k▲
Amounts receivable within one year40/41€68k€90k▲
Trade receivables40€14k€13k▼
Other amounts receivable41€54k€77k▲
Cash at bank and in hand54/58€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€263k€264k▲
Equity10/15€151k€148k▼
Contributions10/11€62k€62k=
Reserves13€83k€83k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€83k€83k=
Profit (loss) carried forward14€7k€3k▼
Amounts payable17/49€111k€116k▲
Amounts payable after more than one year17€30k€18k▼
Financial debts170/4€30k€18k▼
Amounts payable within one year42/48€82k€98k▲
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€20k€8k▼
Suppliers440/4€20k€8k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€46k€77k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€24k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€3k€3k▲
Gross operating margin9900€36k€22k▼
Operating profit (loss)9901€13k€-5k▼
Financial income75/76B€0€3k▲
Recurring financial income75€0€3k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€11k€-3k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€7k€-3k▼
Profit (loss) for the period to be appropriated9905€7k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€3k▼
Profit (loss) brought forward from the previous period14P€7k€7k▲
Transfer from equity791/2€186k€0▼
Transfer to equity691/2€7k€0▼
To other reserves6921€7k€0▼
Profit to be distributed694/7€186k€0▼
Return on contributions (dividend)694€186k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-4k ▼112%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 23.88
Current ratio from 4.29 to 23.88; short-term debt falls from €56k to €7k.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 92 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brugge · 2 establishment units since 1990
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.
Bremlaan 178200 BruggeGround area
6,616 m²
Building footprint
3,748 m²
Volume, LiDAR
17,629 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Oudenaardsesteenweg 739, 9420 Erpe-Mere
since 19902.102.777.084
Bremlaan 17, 8200 Brugge
since 19942.102.776.985
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41006B0038/00L002 | Flanders | 4,983 m² | 1 · 3,594 m² | 8.0 m · 1 fl. |
| 31027D0056/00E000 | Flanders | 1,632 m² | 1 · 154 m² | 9.6 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.
Similar companies · same sector, comparable size
FILIP MEES CONSULT
BE 0895.381.858
Kortrijk · Eq €147,764
CLYBOUW ADVISEURS
BE 0462.342.085
Lint · Eq €147,750
FOR BRIGHT IDEAS
BE 0859.580.445
Ukkel · Eq €147,744
QURE
BE 1010.149.882
Watermaal-Bosvoorde · Eq €147,744
Skylar Solutions
BE 0690.634.258
Wavre · Eq €147,794
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,833 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46412Wholesale of household textiles and bedding
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.