Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
Financials
Financial year 2025
ZENTECH from Liège, company number BE0441634961, closed financial year 2025 with a result of € 85,760 after tax. For that financial year ZENTECH recorded revenue of € 2.2 million and equity of € -247,273. Compared with financial year 2024, the result moved from € -185,867 to € 85,760. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ -247,273
▲ € 81,847 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 85,760
▲ still € 185,867 loss in 2024
Profit after tax over the fiscal year.
€ 104,138
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -2.7 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 69
▲ € 9,014 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 336
▼ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 900,710
▲ € 692,528 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 144 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 2,216,157 | |
| Gross margin | € -212,974 | € 1,046,433 | € 25,954 | - | |
| Profit after taxes | € -2,314,688 | € -358,208 | € -185,867 | € 85,760 | ▲ € 271,627 |
| Equity | € 441,260 | € -137,629 | € -329,121 | € -247,273 | ▲ € 81,847 |
| Total debts | € 2,713,065 | € 1,792,449 | € 1,933,097 | € 2,571,955 | ▲ 33% |
| Cash | € 197,892 | € 479,633 | € 283,920 | € 104,138 | ▼ 63% |
| Land & buildings | € 113,175 | € 117,246 | € 107,461 | € 98,426 | ▼ 8% |
| Retained profit | € -2,259,186 | € -2,617,395 | € -2,803,262 | € -2,717,501 | ▲ € 85,760 |
| Bank debt | € 1,085,473 | € 887,369 | € 1,650,020 | € 1,625,000 | ▼ 2% |
| Balance sheet total | € 3,154,325 | € 1,654,821 | € 1,603,976 | € 2,324,682 | ▲ 45% |
| Employees (FTE) | 23.7 | 16.7 | 0 | 0 |
Key figures of ZENTECH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ZENTECH?
What happened at ZENTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Didier ALLAER stepped down as director. NBB
- ARNAUD ALLAER GESTION SComm stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 85,760. Source: NBB ↗
- Vincent BOURS stepped down as director. NBB
- Didier ALLAER became a director. NBB
- Vincent BOURS became a director. NBB
- ARNAUD ALLAER GESTION SComm became a director. NBB
- New establishment in Liège. KBO
In short
From € 2.3 million loss in 2022 to € 85,760 profit in 2025.
Paid € 836 in corporate taxes since 2022.
Best year ever: 2025, with € 85,760 profit.
On average € 62,700 of value added per employee in 2023.
A new publication or filing at ZENTECH? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by LACAR MDX TECHNOLOGIES SA (100%).
Directors
According to the 2025 annual accounts
Vincent BOURS
Director
Owns 1.2% via LACAR MDX TECHNOLOGIES SA
Also active at: LaCAR MDx technologies
since 2022 · until 2026
Didier ALLAER
Director
Also active at: LaCAR MDx technologies, THERAtRAME, MITIS, LOUISE 130 E, Allaer gestion
since 2026 · until 2028
Director · represented by Arnaud ALLAER
Also active at: LaCAR MDx technologies, THERATOPIX PHARMA
since 2022 · until 2028
Shareholders
LACAR MDX TECHNOLOGIES SA · holding of Vincent BOURS
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Pré-Aily 10
4031 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0441.634.961
- VAT number
- BE 0441.634.961
- Registered office
- Avenue Pré-Aily 10, 4031 Liège
- Names & denominations
- ZENTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 1990
- Peppol
- Active · Active since 8 Dec 2025
- Contact
- zentech.be
- Activities · NACE
Vervaardiging van andere chemische producten, n.e.g.