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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Z-PROJECTS from Zandhoven, company number BE0808009307, closed financial year 2024 with a result of € 9,074 after tax. For that financial year Z-PROJECTS recorded a gross margin of € 40,739 and equity of € 37,155. Compared with financial year 2023, the result moved from € -9,984 to € 9,074. 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 January 17, 2026.
€ 37,155
▲ 32% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,074
▲ still € 9,984 loss in 2023
Profit after tax over the fiscal year.
€ 4,183
▲ 144% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 18,555.
Debts at end 2024
€ 90,000
▼ 25% vs 2023
Loans from banks and other lenders, long and short.
€ 117,564
▲ € 102,055 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 87
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 26,296 | € 14,817 | € 24,171 | € 40,739 | ▲ 69% |
| Profit after taxes | € -7,785 | € -12,598 | € -9,984 | € 9,074 | ▲ € 19,058 |
| Equity | € 50,664 | € 38,065 | € 28,082 | € 37,155 | ▲ 32% |
| Total debts | € 881,272 | € 888,934 | € 920,102 | € 1,262,580 | ▲ 37% |
| Cash | € 3,261 | € 7,030 | € 1,712 | € 4,183 | ▲ 144% |
| Retained profit | € 32,064 | € 19,465 | € 9,482 | € 18,555 | ▲ 96% |
| Bank debt | € 150,000 | € 150,000 | € 120,000 | € 90,000 | ▼ 25% |
| Balance sheet total | € 931,935 | € 926,999 | € 948,184 | € 1,299,736 | ▲ 37% |
Key figures of Z-PROJECTS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Z-PROJECTS?
What happened at Z-PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 9,074. filed late Source: NBB ↗
- Serge Wellens became a director. NBB
- New establishment in Zandhoven. KBO
- Nancy Steenbakkers became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7,785 loss in 2021 to € 9,074 profit in 2024.
Best year ever: 2024, with € 9,074 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 Z-PROJECTS are Serge Wellens and Nancy Steenbakkers. It owns 72% of Ultrazonic itself.
Directors
According to the 2024 annual accounts
Serge Wellens
Bestuurder
since 2019
Nancy Steenbakkers
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Boutersemdreef 26
2240 Zandhoven
Vogelzangstraat 57
2240 Zandhoven
Active since 27 November 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0808.009.307
- VAT number
- BE 0808.009.307
- Registered office
- Boutersemdreef 26, 2240 Zandhoven
- Names & denominations
- Z-PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2008
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
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