Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ZENOMAX INC. from Zaventem, company number BE0754932984, closed financial year 2025 with a result of € 4,424 after tax. For that financial year ZENOMAX INC. recorded a gross margin of € 43,470 and equity of € -24,487. Compared with financial year 2024, the result moved from € -1,868 to € 4,424. 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 August 21, 2026.
€ -24,487
▲ € 4,424 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,424
▲ still € 1,868 loss in 2024
Profit after tax over the fiscal year.
€ 3,954
▲ 262% 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 € -29,487.
Debts at end 2025
€ 194,977
▼ 7% vs 2024
€ 19,531 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,859 | € 26,708 | € 37,604 | € 43,470 | ▲ 16% |
| Profit after taxes | € -4,861 | € -12,445 | € -1,868 | € 4,424 | ▲ € 6,292 |
| Equity | € -14,598 | € -27,043 | € -28,911 | € -24,487 | ▲ € 4,424 |
| Total debts | € 1,255,315 | € 1,239,810 | € 1,213,699 | € 1,192,675 | ▼ 2% |
| Cash | € 6,317 | € 1,121 | € 1,094 | € 3,954 | ▲ 262% |
| Land & buildings | € 1,229,848 | € 1,208,802 | € 1,182,640 | € 1,163,811 | ▼ 2% |
| Retained profit | € -19,598 | € -32,043 | € -33,911 | € -29,487 | ▲ € 4,424 |
| Bank debt | € 243,862 | € 227,082 | € 210,088 | € 194,977 | ▼ 7% |
| Balance sheet total | € 1,240,717 | € 1,212,766 | € 1,184,788 | € 1,168,188 | ▼ 1% |
Key figures of ZENOMAX INC., 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 ZENOMAX INC.?
What happened at ZENOMAX INC. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,424. filed late Source: NBB ↗
- Sven Desmedt became a director. NBB
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,861 loss in 2022 to € 4,424 profit in 2025.
Best year ever: 2025, with € 4,424 profit.
Management
Behind ZENOMAX INC. is Sven Desmedt. Sven Desmedt is also behind Vlaamse Vervoermaatschappij - De Lijn.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Jean Monnetwijk 14
1932 Zaventem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0754.932.984
- VAT number
- BE 0754.932.984
- Registered office
- Jean Monnetwijk 14, 1932 Zaventem
- Names & denominations
- ZENOMAX INC.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2020
- Peppol
- Not registered