ZAHA
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-06-2024, 33 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
33 d early
2022
31 d early
2021
23 d late
2020
89 d late
2016
185 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 47 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€59,488▲ 137%
2022 · €25,067
Total assets
€269,571▼ 2.2%
2022 · €275,706
Net result
€34,421▼ 12.8%
2022 · €39,462
Working capital
-€25,811▲ 10.7%
2022 · -€28,895
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Operating result€191,978-€45,058▼ 76.5%€46,923▲ 4.1%€46,965▲ 0.1%
Net result€179,257-€36,348▼ 79.7%€39,462▲ 8.6%€34,421▼ 12.8%
Equity-€50,742--€14,395▲ 71.6%€25,067€59,488▲ 137%
Total assets€273,693-€271,605▼ 0.8%€275,706▲ 1.5%€269,571▼ 2.2%
Debt€324,436-€286,000▼ 11.8%€250,638▼ 12.4%€210,083▼ 16.2%
Working capital-€36,127--€37,796▼ 4.6%-€28,895▲ 23.5%-€25,811▲ 10.7%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2021 Net result -80% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 0% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €269,571
Fixed assets
€255,707 ▼ 1.8%
Current assets
€13,865 ▼ 10.1%
Equity and liabilities €269,571
Equity
€59,488 ▲ 137%
Debt
€210,083 ▼ 16.2%
Debt's share of the balance-sheet total falls from 90.9% to 77.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51,549▲
2022 · €51,507
Cash flow
€39,005▼
2022 · €44,046
Current ratio
0.35▲
2022 · 0.35
Debt to equity
3.53▼
2022 · 10.00
ROE
57.9%▼
2022 · 157.4%
ROA
12.8%▼
2022 · 14.3%
Interest coverage
4.62▼
2022 · 6.90
Debt ≤ 1 year
€39,676▼
2022 · €44,311
Debt > 1 year
€170,407▼
2022 · €206,076
Income taxes
€1,387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,584 | €4,584 | €4,584 | €4,584 | = |
| Other operating charges640/8 | - | €2,098 | €802 | €878 | ▲ 9.4% |
| Gross operating margin9900 | €196,561 | €51,740 | €52,309 | €52,427 | ▲ 0.2% |
| Operating profit (loss)9901 | €191,978 | €45,058 | €46,923 | €46,965 | ▲ 0.1% |
| Financial charges65/66B | - | €8,710 | €7,461 | €11,157 | ▲ 49.5% |
| Recurring financial charges65 | €12,720 | €8,710 | €7,461 | €11,157 | ▲ 49.5% |
| Profit (loss) for the period before taxes9903 | €179,257 | €36,348 | €39,462 | €35,808 | ▼ 9.3% |
| Income taxes67/77 | - | - | - | €1,387 | - |
| Profit (loss) for the period9904 | €179,257 | €36,348 | €39,462 | €34,421 | ▼ 12.8% |
| Profit (loss) for the period to be appropriated9905 | €179,257 | €36,348 | €39,462 | €34,421 | ▼ 12.8% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €273,693 | €271,605 | €275,706 | €269,571 | ▼ 2.2% |
| Fixed assets21/28 | €269,458 | €264,874 | €260,290 | €255,707 | ▼ 1.8% |
| Tangible fixed assets22/27 | €269,458 | €264,874 | €260,290 | €255,707 | ▼ 1.8% |
| Land and buildings22 | - | €264,874 | €260,290 | €255,707 | ▼ 1.8% |
| Current assets29/58 | €4,235 | €6,730 | €15,415 | €13,865 | ▼ 10.1% |
| Amounts receivable within one year40/41 | €4,235 | €4,235 | €9,680 | €4,337 | ▼ 55.2% |
| Trade receivables40 | - | €4,235 | €9,680 | €4,235 | ▼ 56.3% |
| Other amounts receivable41 | - | - | - | €102 | - |
| Cash at bank and in hand54/58 | - | €2,495 | €5,735 | €9,527 | ▲ 66.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €273,693 | €271,605 | €275,706 | €269,571 | ▼ 2.2% |
| Equity10/15 | -€50,742 | -€14,395 | €25,067 | €59,488 | ▲ 137% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Profit (loss) carried forward14 | -€113,242 | -€76,895 | -€37,433 | -€3,012 | ▲ 92.0% |
| Amounts payable17/49 | €324,436 | €286,000 | €250,638 | €210,083 | ▼ 16.2% |
| Amounts payable after more than one year17 | €275,862 | €241,222 | €206,076 | €170,407 | ▼ 17.3% |
| Financial debts170/4 | - | €241,222 | €206,076 | €170,407 | ▼ 17.3% |
| Amounts payable within one year42/48 | €40,362 | €44,526 | €44,311 | €39,676 | ▼ 10.5% |
| Current portion of amounts payable after more than one year42 | - | €34,640 | €35,146 | €35,669 | ▲ 1.5% |
| Trade debts44 | - | €903 | €216 | €97 | ▼ 55.2% |
| Suppliers440/4 | - | €903 | €216 | €97 | ▼ 55.2% |
| Taxes, remuneration and social security45 | - | €2,809 | €2,599 | €3,910 | ▲ 50.5% |
| Taxes450/3 | - | €2,809 | €2,599 | €3,910 | ▲ 50.5% |
| Other amounts payable47/48 | - | €6,174 | €6,350 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €251 | €252 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €179,257 | €36,348 | €39,462 | €34,421 | ▼ 12.8% |
| + Depreciation and write-downs630 | €4,584 | €4,584 | €4,584 | €4,584 | = |
| Operating cash flow (approximation) | €183,841 | €40,931 | €44,046 | €39,005 | ▼ 11.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | - | €3,240 | €3,792 | ▲ 17.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €34,421 ▼12.8%
Net result drops to €34,421, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2018
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 185 days late
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
09-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
03-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerOwners 1
- ROHBOparentSourceaccounts ROHBO 2022100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.