Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Zenbuilt from Oudergem, company number BE0544291348, closed financial year 2025 with a result of € 39,942 after tax. For that financial year Zenbuilt recorded a gross margin of € 221,249 and equity of € 63,676. Compared with financial year 2024, the result moved from € -21,087 to € 39,942. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 63,676
▲ 168% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,942
▲ still € 21,087 loss in 2024
Profit after tax over the fiscal year.
€ 107,898
▼ 79% 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 € 45,076.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 27,794
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 48,268
▲ € 36,358 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 398,487
▼ 39% vs 2024
€ 7,883 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 159,826
▲ 144% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 54,555
▲ 146% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,324 | € 30,971 | € -27,944 | € 221,249 | ▲ € 249,193 |
| Profit after taxes | € -1,148 | € 5,585 | € -21,087 | € 39,942 | ▲ € 61,029 |
| Equity | € 40,068 | € 44,821 | € 23,734 | € 63,676 | ▲ 168% |
| Total debts | € 2,193,298 | € 786,718 | € 1,991,371 | € 1,651,819 | ▼ 17% |
| Cash | € 270,246 | € 157,689 | € 511,123 | € 107,898 | ▼ 79% |
| Retained profit | € 21,468 | € 26,221 | € 5,134 | € 45,076 | ▲ € 39,942 |
| Dividend | € 0 | € 833 | € 0 | € 0 | |
| Bank debt | € 1,846,780 | € 340,000 | € 654,488 | € 398,487 | ▼ 39% |
| Balance sheet total | € 2,233,366 | € 831,539 | € 2,015,104 | € 1,715,495 | ▼ 15% |
| Employees (FTE) | - | 0 | 0 | 0.8 |
Key figures of Zenbuilt, 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 Zenbuilt?
What happened at Zenbuilt in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,942. Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,148 loss in 2022 to € 39,942 profit in 2025.
Paid € 14,716 in corporate taxes since 2022.
Best year ever: 2025, with € 39,942 profit.
Paid out € 833 in dividends to the owners in total.
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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
Behind Zenbuilt is Raven De Nolf. It owns 50% of Rama Real and 50% of Zenhomes itself.
Directors
According to the 2025 annual accounts
Raven De Nolf
Director
Also active at: ZENHOMES, LE FORGERON, THE LANE BRUGES, VIADUKE RESIDENCES, RAMA REAL
Establishments
Establishment units
Physical locations of this company
Hertoginnedal 3
1160 Oudergem
Maria-Louizasquare 6 box 7G
1000 Brussel
Active since 8 April 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0544.291.348
- VAT number
- BE 0544.291.348
- Registered office
- Hertoginnedal 3, 1160 Oudergem
- Names & denominations
- Zenbuilt
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2014
- Peppol
- Active · Active since 7 Oct 2024
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Handel in eigen onroerend goed
Activiteiten van syndici van onroerend goed