ZK CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of ZK CONCEPT is 2.7% (moderate). The 2025 annual accounts show negative equity (€-10k) and a net result of €-17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 4621 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-93
Solvency0▼-48
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.91 in 2024; short-term debt: 200.5% and cash: 8.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
-100.5%
Return on assets
-168%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
21232425
2021 to 2025 · latest year €-10k
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 03-07-2026, 28 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
28 d early
2024
4 d early
2023
30 d late
2021
29 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-10k
2024 · €7k
2021: €-2k
2023: €905
2024: €7k
2021 → 2025
Total assets
€10k▼ 66.5%
2024 · €30k
2021: €355
2023: €22k
2024: €30k
2021 → 2025
Net result
€-17k
2024 · €6k
2021: €-3k
2023: €9k
2024: €6k
2021 → 2025
Working capital
€-17k▼ 704%
2024 · €-2k
2021: €-2k
2023: €-10k
2024: €-2k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202320242025Trend
Equity€-2k-€905€7k▲ 652%€-10k
Operating result€-3k-€10k€9k▼ 2.1%€-16k
Net result€-3k-€9k€6k▼ 31.7%€-17k
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 2025: a loss of €16k after €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10k
Fixed assets
€7k ▼ 18.6%
Current assets
€3k ▼ 86.9%
Key figures and ratios
EBITDA
€-14k▼
2024 · €11k
Cash flow
€-15k▼
2024 · €8k
Solvency
-100.5%▼
2024 · 22.6%
Current ratio
0.14▼
2024 · 0.91
Debt to equity
-1.99▼
2024 · 3.43
ROA
-168.0%▼
2024 · 19.6%
Interest coverage
-16.65▼
2024 · 6.30
Debt
€20k▼
2024 · €23k
Debt ≤ 1 year
€20k▼
2024 · €23k
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€30k€10k▼
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€6k€6k=
Current assets29/58€21k€3k▼
Amounts receivable within one year40/41€21k€2k▼
Trade receivables40€21k€2k▼
Other amounts receivable41-€173
Cash at bank and in hand54/58-€897
Equity and liabilities
Total equity and liabilities10/49€30k€10k▼
Equity10/15€7k€-10k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€6k€-11k▼
Amounts payable17/49€23k€20k▼
Amounts payable within one year42/48€23k€20k▼
Financial debts43€1-
Credit institutions430/8€1-
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€14k€8k▼
Taxes450/3€4k€2k▼
Remuneration and social security454/9€10k€6k▼
Other amounts payable47/48€7k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€577€510▼
Gross operating margin9900€12k€-14k▼
Operating profit (loss)9901€9k€-16k▼
Financial charges65/66B€2k€866▼
Recurring financial charges65€2k€866▼
Profit (loss) for the period before taxes9903€8k€-17k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€6k€-17k▼
Profit (loss) for the period to be appropriated9905€6k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-11k▼
Profit (loss) brought forward from the previous period14P€-95€6k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-17k ▼387%
Net result drops to €-17k, the lowest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Vilvoorde · 1 establishment unit since 2020
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.
Romeinsesteenweg 2001800 VilvoordeGround area
3,455 m²
Building footprint
1,440 m²
Volume, LiDAR
5,913 m³
2 parcels, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ZK Concept
since 20202.310.315.415
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0166/04_000 | Flanders | 3,219 m² | 1 · 1,346 m² | 7.6 m · 1 fl. |
| 23088A0072/00H002 | Flanders | 235 m² | 1 · 93 m² | 10.8 m · 3 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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
IBEAUTY INSTITUT
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TOUSTYLE COIFFURE
BE 0886.123.110
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BE 0797.441.057
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BE 0630.780.904
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Undertake
BE 1006.041.636
Saint-Ghislain · Eq €6,791
Of 21,748 companies in sector 96210 we hold annual accounts for 2,833. 2,128 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
Founded08-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
96210Hairdressing and barber services
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
49410Freight transport by road
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:zkconcept.be/