ZADEL
ActiveThe computed 12-month bankruptcy probability of ZADEL is 3.6% (moderate). The 2025 annual accounts show equity of €13k and a net result of €-2k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 44% of 4149 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▼-23
Solvency56▼-3
Growth72▼-3
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.38 against 1.39 in 2024; short-term debt: 68.8% and cash: 11.8% of total assets), and 68.8% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.2%
Return on assets
-4%
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 28-08-2026, 28 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 · 6 filingsDeviation from the deadline
2025
28 d late
2024
1 d early
2023
29 d late
2022
13 d late
2021
27 d late
2020
23 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€167k▼ 4.2%
2024 · €174k
2020: €114k
2021: €85k
2022: €92k
2023: €140k
2024: €174k
2020 → 2025
EBIT margin
0.0%▼ 3.5pp
2024 · 3.5%
2020: -7.5%
2021: -7.3%
2022: -2.1%
2023: 6.5%
2024: 3.5%
2020 → 2025
Net result
€-2k
2024 · €4k
2020: €-9k
2021: €-6k
2022: €-2k
2023: €8k
2024: €4k
2020 → 2025
Working capital
€11k▼ 1.7%
2024 · €11k
2020: €7k
2021: €2k
2022: €2k
2023: €10k
2024: €11k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€85k-€92k▲ 8.6%€140k▲ 52.7%€174k▲ 24.4%€167k▼ 4.2%
Equity€5k-€3k▼ 37.0%€11k▲ 233%€15k▲ 38.0%€13k▼ 11.3%
Operating result€-6k-€-2k▲ 69.2%€9k€6k▼ 33.5%€-33
Net result€-6k-€-2k▲ 69.2%€8k€4k▼ 45.6%€-2k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €33 after €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€2k▼ 40.9%
Current assets
€41k▼ 0.5%
Equity and liabilities €43k
Equity
€13k▼ 11.3%
Debt
€29k=
The debt ratio rises from 66.2% to 68.8%. Equity is lower.
Key figures and ratios
EBITDA
€1k▼
2024 · €7k
Cash flow
€-195▼
2024 · €6k
Solvency
31.2%▼
2024 · 33.8%
Current ratio
1.38▼
2024 · 1.39
Quick ratio
0.17▼
2024 · 0.18
Debt / equity
2.21▲
2024 · 1.96
ROE
-12.7%▼
2024 · 27.6%
ROA
-4.0%▼
2024 · 9.3%
Debt
€29k=
2024 · €29k
Debt ≤ 1 year
€29k=
2024 · €29k
Income taxes
€2k▼
2024 · €2k
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€44k€43k▼
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€41k€41k▼
Stocks and contracts in progress3€36k€36k=
Stocks30/36€36k€36k=
Cash at bank and in hand54/58€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€44k€43k▼
Equity10/15€15k€13k▼
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Profit (loss) carried forward14€-5k€-7k▼
Amounts payable17/49€29k€29k=
Amounts payable within one year42/48€29k€29k=
Trade debts44€28k€29k▲
Suppliers440/4€28k€29k▲
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Income statement
Code20242025
Turnover70€174k€167k▼
Goods, raw materials, services and sundry goods60/61€166k€165k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€815€463▼
Gross operating margin9900€8k€2k▼
Operating profit (loss)9901€6k€-33▼
Profit (loss) for the period before taxes9903€6k€-33▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€4k€-2k▼
Profit (loss) for the period to be appropriated9905€4k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-7k▼
Profit (loss) brought forward from the previous period14P€-9k€-5k▲
The notes to these accounts (3 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 13 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 27 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 2019
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.
De Bonnestraat 621080 Sint-Jans-MolenbeekGround area
388 m²
Building footprint
366 m²
Volume, LiDAR
2,292 m³
Parcel 21523B0939/00V100, Brussels · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Bonnestraat 62, 1080 Sint-Jans-Molenbeek
since 20192.294.541.631
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0939/00V100 | Brussels | 388 m² | 1 · 366 m² | 12.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.294.541.631
Similar companies · same sector, comparable size
TOZOS
BE 1020.089.018
Antwerpen · Eq €13k
K.L.M. FAMILY
BE 0508.978.103
Fernelmont · Eq €13k
TAKE CARE
BE 0811.842.290
Courcelles · Eq €13k
AL SHEMALI
BE 0799.371.456
Sint-Jans-Molenbeek · Eq €13k
ORKINOS
BE 0561.719.179
Deinze · Eq €13k
Of 2,477 companies in sector 47279 we hold annual accounts for 950. 632 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2019
Fiscal year end31-12
Activities, NACEBEL
47279Other retail sale of food
47299Retail trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47210Retail sale of fruit and vegetables
47789Other retail sale of new goods
47810Retail trade
47890Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.
Contact details
1 entryE-mail:zadel.elouamari@gmail.com