ZWOL
ActiveSummary
ZWOL has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.41M and a net result of €191k. Equity is growing by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 1304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 4.54 against 4.2 in 2024; short-term debt: 19.5% and cash: 7.8% of total assets), and 20.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
79.9%
Return on assets
10.8%
Age of the figures
9 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
5 d early
2022
19 d early
2021
31 d late
2020
88 d late
2019
117 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
€1.41M▲ 15.7%
2024 · €1.22M
2018: €321k
2019: €321k
2020: €424k
2021: €460k
2022: €586k
2023: €981k
2024: €1.22M
2018 → 2025
Total assets
€1.76M▲ 15.1%
2024 · €1.53M
2018: €709k
2019: €687k
2020: €665k
2021: €1.21M
2022: €1.32M
2023: €1.34M
2024: €1.53M
2018 → 2025
Net result
€191k▼ 19.6%
2024 · €237k
2018: €-717
2019: €16
2020: €-28k
2021: €-117k
2022: €127k
2023: €395k
2024: €237k
2018 → 2025
Working capital
€1.22M▲ 20.8%
2024 · €1.01M
2018: €-221k
2019: €-190k
2020: €124k
2021: €181k
2022: €319k
2023: €744k
2024: €1.01M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€460k-€586k▲ 27.6%€981k▲ 67.3%€1.22M▲ 24.2%€1.41M▲ 15.7%
Operating result€-20k-€175k€361k▲ 107%€335k▼ 7.2%€255k▼ 23.9%
Net result€-117k-€127k€395k▲ 212%€237k▼ 39.9%€191k▼ 19.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.76M
Fixed assets
€201k ▼ 4.0%
Current assets
€1.56M ▲ 18.1%
Equity and liabilities €1.76M
Equity
€1.41M ▲ 15.7%
Debt
€355k ▲ 12.8%
Debt's share of the balance-sheet total falls from 20.5% to 20.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€271k▼
2024 · €348k
Cash flow
€207k▼
2024 · €250k
Current ratio
4.54▲
2024 · 4.20
Debt to equity
0.25▼
2024 · 0.26
ROE
13.5%▼
2024 · 19.5%
ROA
10.8%▼
2024 · 15.5%
Interest coverage
251.68▼
2024 · 1553.78
Debt ≤ 1 year
€344k▲
2024 · €315k
Debt > 1 year
€11k
Income taxes
€98k▲
2024 · €98k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.53M€1.76M▲
Fixed assets21/28€210k€201k▼
Tangible fixed assets22/27€209k€201k▼
Land and buildings22€189k€173k▼
Plant, machinery and equipment23€20k€13k▼
Furniture and vehicles24€360€15k▲
Financial fixed assets28€844€844=
Current assets29/58€1.32M€1.56M▲
Amounts receivable within one year40/41€1.25M€1.40M▲
Trade receivables40€143k€325k▲
Other amounts receivable41€1.11M€1.08M▼
Cash at bank and in hand54/58€71k€137k▲
Deferred charges and accrued income490/1€37€22k▲
Equity and liabilities
Total equity and liabilities10/49€1.53M€1.76M▲
Equity10/15€1.22M€1.41M▲
Contributions10/11€19k€19k=
Revaluation surpluses12€190k€173k▼
Reserves13€1.01M€1.22M▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€1.01M€1.22M▲
Amounts payable17/49€315k€355k▲
Amounts payable after more than one year17-€11k
Financial debts170/4-€11k
Amounts payable within one year42/48€315k€344k▲
Current portion of amounts payable after more than one year42€1k€21k▲
Trade debts44€41k€129k▲
Suppliers440/4€41k€129k▲
Advances received on contracts in progress46€114k€28k▼
Taxes, remuneration and social security45€130k€158k▲
Taxes450/3€130k€158k▲
Other amounts payable47/48€29k€8k▼
Accrued charges and deferred income492/3-€22
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€16k▲
Other operating charges640/8€9k€5k▼
Non-recurring operating charges66A€17k€17k=
Gross operating margin9900€374k€294k▼
Operating profit (loss)9901€335k€255k▼
Financial income75/76B€64€35k▲
Recurring financial income75€64€35k▲
Financial charges65/66B€224€1k▲
Recurring financial charges65€224€1k▲
Profit (loss) for the period before taxes9903€335k€289k▼
Income taxes67/77€98k€98k▲
Profit (loss) for the period9904€237k€191k▼
Profit (loss) for the period to be appropriated9905€237k€191k▼
Appropriation of the result
Profit (loss) to be appropriated9906€237k€191k▼
Transfer to equity691/2€237k€191k▼
To other reserves6921€237k€191k▼
The notes to these accounts (8 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €1MEq €1.22M ▲24.2%
3 profitable years in a row build equity to €1.22M.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €395k ▲212%
Operating result €361k, net result €395k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.08
Current ratio from 1.43 to 3.08; short-term debt falls from €735k to €357k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €127k
Net result €127k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €586k ▲27.6%
Equity rises from €460k to €586k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-117k
Net result drops to €-117k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
Show earlier events
2020
31-12
Financial
Liquidity quadruplescurrent ratio 1.52
Current ratio from 0.36 to 1.52; short-term debt falls from €298k to €240k.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
31-12
Financial
Back to profitnet €16
Net result €16 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tellin · 2 establishment units since 2004
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.
Rue de Belvaux,Bure 166927 TellinGround area
649 m²
Building footprint
207 m²
Volume, LiDAR
1,415 m³
2 parcels, Wallonia · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TEN HUIZE PLANCKAERT
since 20042.139.172.375
Ten Huize Planckaert
since 20192.300.365.193
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83032C0067/00L000 | Wallonia | 491 m² | 1 · 69 m² | 7.0 m · 2 fl. |
| 84662B0286/00_000 | Wallonia | 157 m² | 1 · 138 m² | 9.8 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTellin2.300.365.193
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Of 3,000 companies in sector 55203 we hold annual accounts for 690. 307 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
Founded21-04-2004
Fiscal year end31-12
Activities, NACEBEL 2025
55203Holiday cottages, homes and apartments
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.