13ZENLF
Active13ZENLF has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €15k. Equity is growing by ~36.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 1987 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+2
Solvency95▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 7.7 in 2024; short-term debt: 26.8% and cash: 47.1% of total assets), and 30% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70%
Return on assets
12.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
22 d late
2024
27 d late
2023
30 d late
2022
14 d early
2021
5 d late
2020
26 d late
2019
88 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▼ 11.3%
2024 · €94k
2018: €11k
2019: €13k
2020: €28k
2021: €69k
2022: €80k
2023: €82k
2024: €94k
2018 → 2025
Total assets
€120k▲ 5.7%
2024 · €113k
2018: €28k
2019: €57k
2020: €58k
2021: €115k
2022: €146k
2023: €117k
2024: €113k
2018 → 2025
Net result
€15k▲ 21.6%
2024 · €12k
2018: €-4k
2019: €1k
2020: €16k
2021: €41k
2022: €11k
2023: €2k
2024: €12k
2018 → 2025
Working capital
€61k▲ 8.6%
2024 · €57k
2018: €-6k
2019: €5k
2020: €20k
2021: €9k
2022: €17k
2023: €32k
2024: €57k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€69k-€80k▲ 15.3%€82k▲ 2.9%€94k▲ 14.5%€84k▼ 11.3%
Operating result€57k-€15k▼ 74.2%€6k▼ 59.0%€19k▲ 212%€22k▲ 19.4%
Net result€41k-€11k▼ 74.2%€2k▼ 78.2%€12k▲ 417%€15k▲ 21.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 19% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€26k▼ 45.7%
Current assets
€94k▲ 43.8%
Equity and liabilities €120k
Equity
€84k▼ 11.3%
Debt
€36k▲ 91.1%
The debt ratio rises from 16.6% to 30.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€46k▲
2024 · €43k
Cash flow
€38k▲
2024 · €37k
Solvency
70.0%▼
2024 · 83.4%
Current ratio
2.92▼
2024 · 7.70
Quick ratio
2.92▼
2024 · 7.70
Debt / equity
0.43▲
2024 · 0.20
ROE
17.4%▲
2024 · 12.7%
ROA
12.2%▲
2024 · 10.6%
Interest coverage
37.28▲
2024 · 33.10
Debt
€36k▲
2024 · €19k
Debt ≤ 1 year
€32k▲
2024 · €8k
Debt > 1 year
€4k▼
2024 · €10k
Income taxes
€7k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€113k€120k▲
Fixed assets21/28€48k€26k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€48k€26k▼
Plant, machinery and equipment23€26k€14k▼
Furniture and vehicles24€22k€12k▼
Financial fixed assets28€137€137=
Current assets29/58€65k€94k▲
Amounts receivable within one year40/41€39k€36k▼
Trade receivables40€15k€8k▼
Other amounts receivable41€24k€29k▲
Current investments50/53€5€7▲
Cash at bank and in hand54/58€25k€56k▲
Deferred charges and accrued income490/1€871€741▼
Equity and liabilities
Total equity and liabilities10/49€113k€120k▲
Equity10/15€94k€84k▼
Contributions10/11€13k€13k=
Reserves13€82k€71k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€80k€69k▼
Profit (loss) carried forward14€223€284▲
Amounts payable17/49€19k€36k▲
Amounts payable after more than one year17€10k€4k▼
Financial debts170/4€10k€4k▼
Amounts payable within one year42/48€8k€32k▲
Current portion of amounts payable after more than one year42€7k€6k▼
Trade debts44€0€0=
Suppliers440/4€0€0=
Taxes, remuneration and social security45€1k€385▼
Taxes450/3€1k€385▼
Other amounts payable47/48-€25k
Income statement
Code20242025
Remuneration, social security and pensions62€-28-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€23k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€45k€47k▲
Operating profit (loss)9901€19k€22k▲
Financial income75/76B€3€5▲
Recurring financial income75€3€5▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€17k€21k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€12k€15k▲
Profit (loss) for the period to be appropriated9905€12k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€15k▲
Profit (loss) brought forward from the previous period14P€148€223▲
Transfer from equity791/2-€25k
Transfer to equity691/2€12k€15k▲
To other reserves6921€12k€15k▲
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 7.70
Current ratio from 2.80 to 7.70; short-term debt falls from €18k to €8k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Highest result since 2018net €41k ▲161%
Operating result €57k, net result €41k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Liquidity quadruplescurrent ratio 5.17
Current ratio from 1.33 to 5.17; short-term debt falls from €16k to €5k.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.33
Current ratio from 0.60 to 1.33.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bertrix · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Fontinelle 416880 BertrixGround area
7,790 m²
Building footprint
352 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
13ZENLF
since 20082.171.511.086
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84049D1237/00B003 | Wallonia | 7,707 m² | 1 · 258 m² | - |
| 84009A1244/00Z000 | Wallonia | 83 m² | 1 · 94 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MEDIASCENE
BE 0464.200.428
Mons · Eq €83k
VERHOFSTEDE & PARTNERS
BE 0463.918.039
Kapellen · Eq €84k
LUT & ERIC DEPRINS CONSULT
BE 0832.688.283
Watermaal-Bosvoorde · Eq €83k
CANNELLE CASTING
BE 0440.591.123
Vorst · Eq €83k
Studio Stevens
BE 0845.411.913
Merchtem · Eq €84k
Of 3,526 companies in sector 90391 we hold annual accounts for 680. 524 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2008
Fiscal year end31-12
Activities, NACEBEL
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:welcome@capnature.be
Phone:0488285820