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.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ZF DESIGN from Heusden-Zolder, company number BE0754592593, closed financial year 2025 with a result of € -11,331 after tax. For that financial year ZF DESIGN recorded a gross margin of € -9,529 and equity of € -15,195. Compared with financial year 2024, the result moved from € -4,292 to € -11,331. The company made a loss. 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 8, 2026.
€ -15,195
▼ € 11,331 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,331
▼ 164 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -17,695.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 7
Loans from banks and other lenders, long and short.
€ 4,182
▲ 267% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 779
▼ 25% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,743 | € 3,100 | € -3,258 | € -9,529 | ▼ € 6,271 |
| Profit after taxes | € 255 | € 1,509 | € -4,292 | € -11,331 | ▼ € 7,039 |
| Equity | € -1,081 | € 428 | € -3,864 | € -15,195 | ▼ € 11,331 |
| Total debts | € 6,935 | € 5,331 | € 9,487 | € 21,705 | ▲ 129% |
| Cash | € 31 | € 680 | € 980 | - | |
| Retained profit | € -3,581 | € -2,072 | € -6,364 | € -17,695 | ▼ € 11,331 |
| Bank debt | € 0 | € 0 | € 0 | € 7 | |
| Balance sheet total | € 5,854 | € 5,759 | € 5,623 | € 6,510 | ▲ 16% |
Key figures of ZF DESIGN, 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 ZF DESIGN?
What happened at ZF DESIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,331. Source: NBB ↗
- New establishment in Heusden-Zolder. KBO
- Mehmet Fatih Balci became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 255 profit in 2022 to € 11,331 loss in 2025.
Best year ever: 2023, with € 1,509 profit.
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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 ZF DESIGN is Mehmet Fatih Balci. Mehmet Fatih Balci is also behind ALFA-DECOR.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Bavostraat 33
3550 Heusden-Zolder
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0754.592.593
- VAT number
- BE 0754.592.593
- Registered office
- Bavostraat 33, 3550 Heusden-Zolder
- Names & denominations
- ZF DESIGN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2020
- Peppol
- Active · Active since 8 Jan 2025
- Activities · NACE
Vervaardiging van onderkleding
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Overige werkzaamheden in verband met de afwerking van gebouwen
Ontwerpen van textielpatronen, kleding, juwelen, meubels en decoratieartikelen
Detailhandel in andere huishoudelijke artikelen, neg
Vervaardiging van bovenkleding
Vervaardiging van andere bovenkleding
Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.