Zidi Construct
ActiveSummary
The computed 12-month bankruptcy probability of Zidi Construct is 2.1% (moderate). For Zidi Construct, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €21k and a net result of €-2k. Equity is growing by ~51.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 33677 sector peers (fiscal year 2023). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability35▼-58
Solvency33▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
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
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 2023Solvency, return and age of the figures
Solvency
8.5%
Return on assets
-0.9%
Age of the figures
40 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 · Two or more financial years not filed
Since the financial year that closed on 31-05-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-05-2024 close31-12-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2023 was due by 31-12-2023 and was filed on 20-12-2023, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
11 d early
2022
354 d late
2021
18 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€21k▼ 9.1%
2022 · €23k
2018: €-17k
2019: €-19k
2020: €-20k
2021: €-107
2022: €23k
2018 → 2023
Total assets
€246k▲ 136%
2022 · €104k
2018: €4k
2019: €4k
2020: €4k
2021: €240
2022: €104k
2018 → 2023
Net result
€-2k
2022 · €23k
2018: €-921
2019: €-1k
2020: €-1k
2021: €20k
2022: €23k
2018 → 2023
Working capital
€27k▲ 1.5%
2022 · €27k
2018: €-17k
2019: €-19k
2020: €-20k
2021: €-107
2022: €27k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-19k-€-20k▼ 7.3%€-107▲ 99.5%€23k€21k▼ 9.1%
Operating result€-1k-€-1k▼ 5.4%€20k€30k▲ 49.3%€-4k
Net result€-1k-€-1k▼ 6.6%€20k€23k▲ 16.1%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €4k after €30k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €246k
Equity
€21k ▼ 9.1%
Debt
€225k ▲ 177%
Debt's share of the balance-sheet total rises from 78.0% to 91.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.12▼
2022 · 1.35
Debt to equity
10.83▲
2022 · 3.55
ROE
-10.1%▼
2022 · 100.5%
ROA
-0.9%▼
2022 · 22.1%
Debt ≤ 1 year
€219k▲
2022 · €77k
Income taxes
€0▼
2022 · €7k
Staff costs
€27k
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 · 2023 against 2022 · 44 lines
Balance sheet
Code20222023
Assets
Total assets20/58€104k€246k▲
Current assets29/58€104k€246k▲
Amounts receivable within one year40/41€85k€232k▲
Trade receivables40€61k€197k▲
Other amounts receivable41€24k€36k▲
Cash at bank and in hand54/58€20k€4k▼
Deferred charges and accrued income490/1-€9k
Equity and liabilities
Total equity and liabilities10/49€104k€246k▲
Equity10/15€23k€21k▼
Contributions10/11€6k€6k=
Reserves13€5€14k▲
Non-distributable reserves130/1€5€5=
Reserves not available under the articles1311€5€5=
Distributable reserves133-€14k
Profit (loss) carried forward14€17k€0▼
Amounts payable17/49€81k€225k▲
Amounts payable within one year42/48€77k€219k▲
Trade debts44€68k€178k▲
Suppliers440/4€68k€178k▲
Advances received on contracts in progress46-€9k
Taxes, remuneration and social security45€9k€25k▲
Taxes450/3€9k€9k▲
Remuneration and social security454/9€706€16k▲
Other amounts payable47/48-€7k
Accrued charges and deferred income492/3€4k€6k▲
Income statement
Code20222023
Remuneration, social security and pensions62-€27k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€36k
Other operating charges640/8€184€727▲
Gross operating margin9900€30k€60k▲
Operating profit (loss)9901€30k€-4k▼
Financial income75/76B€483€3k▲
Recurring financial income75€483€2k▲
Non-recurring financial income76B-€516
Financial charges65/66B€250€520▲
Recurring financial charges65€10€185▲
Non-recurring financial charges66B€240€334▲
Profit (loss) for the period before taxes9903€30k€-2k▼
Income taxes67/77€7k€0▼
Profit (loss) for the period9904€23k€-2k▼
Profit (loss) for the period to be appropriated9905€23k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€14k▼
Profit (loss) brought forward from the previous period14P€-6k€17k▲
Transfer to equity691/2-€14k
To other reserves6921-€14k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 354 days late
31-05
Financial
Weakest financial yearnet €-2k ▼109%
Net result drops to €-2k, the lowest in the series.
2022
31-05
Financial
Highest result since 2018net €23k ▲16.1%
Operating result €30k, net result €23k, both a record.
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-05
Financial
Back to profitnet €20k
Net result €20k after 3 loss-making years.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Genk · 1 establishment unit since 2013
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.
Rootenstraat 73600 GenkGround area
8,592 m²
Building footprint
4,526 m²
Volume, LiDAR
44,927 m³
Parcel 71016I0980/00C000, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rootenstraat 7, 3600 Genk
since 20132.221.922.085
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I0980/00C000 | Flanders | 8,592 m² | 1 · 4,526 m² | 16.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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BE 0768.271.474
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ECO EFFICIENCE
BE 0629.907.112
Lessines · Eq €20,795
DPS CONSTRUCTION
BE 1019.841.469
Fléron · Eq €20,786
RAM-TRANS
BE 0734.820.035
Merelbeke-Melle · Eq €20,810
BONORISE
BE 1016.037.485
Zaventem · Eq €20,813
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,250 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
Founded08-07-2013
Fiscal year end31-05
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43211General electrical installation work
43320Joinery installation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.