IMMO - ZENOBE GRAMME has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 14% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency26=
Growth65▼-1
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Nine 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 68
Relative position
BE, all sectors
reference
Sector 68
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
0.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 4533 sector peers (2025).
NBB · sector comparisonPosition among 4533 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-04-2026, 121 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
121 d early
2024
106 d early
2023
90 d early
2022
111 d early
2021
102 d early
2020
121 d early
2019
122 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.36M=
2024 · €2.36M
2018: €2.01M
2019: €2.13M
2020: €2.06M
2021: €2.14M
2022: €2.12M
2023: €2.35M
2024: €2.36M
2018 → 2025
EBIT margin
46.3%▲ 2.3pp
2024 · 44.0%
2018: 50.4%
2019: 53.4%
2020: 49.6%
2021: 49.8%
2022: 53.8%
2023: 48.0%
2024: 44.0%
2018 → 2025
Net result
€0
2022 · €0
2018: €-2k
2019: €6k
2020: €-21
2021: €-4k
2022: €0
2018 → 2023
Working capital
€-535k▲ 72.7%
2024 · €-1.96M
2018: €-441k
2019: €-473k
2020: €-1.88M
2021: €-1.25M
2022: €113k
2023: €576k
2024: €-1.96M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.14M-€2.12M▼ 0.6%€2.35M▲ 10.9%€2.36M▲ 0.4%€2.36M=
Equity€76k-€76k=€76k=€76k=€76k=
Operating result€1.06M-€1.14M▲ 7.5%€1.13M▼ 1.3%€1.04M▼ 7.9%€1.09M▲ 5.3%
Net result€-4k-€0▲ 100.0%€0
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.82M
Fixed assets
€7.35M▼ 11.6%
Current assets
€1.47M▲ 100%
Equity and liabilities €8.82M
Equity
€76k=
Debt
€8.75M▼ 2.5%
The debt ratio stays at 99.1%.
Key figures and ratios
EBITDA
€2.13M▲
2024 · €1.98M
Solvency
0.9%▲
2024 · 0.8%
Current ratio
0.73▲
2024 · 0.27
Quick ratio
0.73▲
2024 · 0.27
Interest coverage
2.10▲
2024 · 2.04
Debt
€8.75M▼
2024 · €8.98M
Debt ≤ 1 year
€2.01M▼
2024 · €2.70M
Debt > 1 year
€6.66M▲
2024 · €6.28M
Income taxes
€68k▼
2024 · €68k
A ratio outside any meaningful range has been withheld (balance sheet total €8.82M, equity €76k).
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€9.05M€8.82M▼
Fixed assets21/28€8.32M€7.35M▼
Tangible fixed assets22/27€8.32M€7.35M▼
Land and buildings22€8.32M€7.35M▼
Current assets29/58€736k€1.47M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€56k€29k▼
Trade receivables40€52k€25k▼
Other amounts receivable41€4k€4k=
Cash at bank and in hand54/58€647k€1.42M▲
Deferred charges and accrued income490/1€32k€19k▼
Equity and liabilities
Total equity and liabilities10/49€9.05M€8.82M▼
Equity10/15€76k€76k=
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€206k€147k▼
Reserves13€1.25M€1.31M▲
Distributable reserves133€1.25M€1.31M▲
Profit (loss) carried forward14€-1.44M€-1.44M=
Amounts payable17/49€8.98M€8.75M▼
Amounts payable after more than one year17€6.28M€6.66M▲
Financial debts170/4€0€620k▲
Credit institutions173€0€620k▲
Other amounts payable178/9€6.28M€6.04M▼
Amounts payable within one year42/48€2.70M€2.01M▼
Current portion of amounts payable after more than one year42€1.44M€620k▼
Trade debts44€175k€144k▼
Suppliers440/4€175k€144k▼
Taxes, remuneration and social security45-€10k
Taxes450/3-€10k
Other amounts payable47/48€1.08M€1.23M▲
Accrued charges and deferred income492/3€0€84k▲
Income statement
Code20242025
Operating income70/76A€2.68M€2.70M▲
Turnover70€2.36M€2.36M=
Other operating income74€322k€339k▲
Operating charges60/66A€1.64M€1.61M▼
Services and other goods61€430k€290k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€943k€1.04M▲
Other operating charges640/8€272k€278k▲
Operating profit (loss)9901€1.04M€1.09M▲
Financial income75/76B€15k€7k▼
Recurring financial income75€15k€7k▼
Income from current assets751€14k€7k▼
Other financial income752/9€12€0▼
Financial charges65/66B€986k€1.03M▲
Recurring financial charges65€986k€1.03M▲
Debt charges650€973k€1.02M▲
Other financial charges652/9€12k€17k▲
Profit (loss) for the period before taxes9903€68k€68k▼
Income taxes67/77€68k€68k▼
Taxes670/3€68k€68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.44M€-1.44M=
Profit (loss) brought forward from the previous period14P€-1.44M€-1.44M=
The notes to these accounts (37 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
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €0
Net result €0 after 3 loss-making years.
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.10
Current ratio from 0.52 to 1.10; short-term debt falls from €2.61M to €1.16M.
20-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Sint-Jans-Molenbeek · 1 establishment unit since 1995
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.
Havenlaan 21080 Sint-Jans-MolenbeekGround area
2.0 ha
Building footprint
1.5 ha
Volume, LiDAR
400,140 m³
2 parcels, Brussels · tallest building 51.3 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
QUELLIN VASTGOED
since 19952.074.353.215
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0177/00B004 | Brussels | 1.6 ha | 1 · 1.3 ha | 51.3 m · 7 fl. |
| 21802B1006/00K000 ProtectedMonumentKoninklijke Sint-Hubertusgalerijen |
Brussels | 3,407 m² | 1 · 2,767 m² | 29.5 m · 8 fl. |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
391200IXV1ISRVTWBE67
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,884 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-11-1995
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.