ZAN
ActiveSummary
The computed 12-month bankruptcy probability of ZAN is 3.8% (moderate). The 2024 annual accounts show equity of €42k and a net result of €-6k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 18941 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability52▼-48
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 94.91 against 26.09 in 2023; short-term debt: 0.8% and cash: 73.8% of total assets), and 0.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 2024Solvency, return and age of the figures
Solvency
99.2%
Return on assets
-13.3%
Age of the figures
21 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
61 d late
2022
32 d late
2021
61 d late
2019
489 d late
2018
855 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2023 · €20k
2018: €589
2019: €-50
2021: €-347
2022: €-2k
2023: €20k
2018 → 2024
Working capital
€32k▼ 5.0%
2023 · €34k
2018: €9k
2019: €11k
2021: €8k
2022: €10k
2023: €34k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€27k-€27k▼ 3.4%€24k▼ 8.5%€48k▲ 96.6%€42k▼ 11.8%
Operating result€84-€575▲ 585%€-2k€21k€987▼ 95.3%
Net result€-50-€-347▼ 594%€-2k▼ 553%€20k€-6k
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 95% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €42k
Fixed assets
€10k ▼ 28.3%
Current assets
€32k ▼ 7.7%
Equity and liabilities €42k
Equity
€42k ▼ 11.8%
Debt
€342 ▼ 74.6%
Debt's share of the balance-sheet total falls from 2.8% to 0.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2023 · €25k
Cash flow
€-2k▼
2023 · €24k
Current ratio
94.91▲
2023 · 26.09
Quick ratio
92.06▲
2023 · 25.37
Debt to equity
0.01▼
2023 · 0.03
ROE
-13.4%▼
2023 · 42.8%
ROA
-13.3%▼
2023 · 41.7%
Interest coverage
13.41▼
2023 · 61.85
Debt ≤ 1 year
€342▼
2023 · €1k
Income taxes
€6k
Staff costs
€445▼
2023 · €841
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€49k€42k▼
Fixed assets21/28€14k€10k▼
Intangible fixed assets21€12k€9k▼
Tangible fixed assets22/27€2k€921▼
Furniture and vehicles24€2k€921▼
Current assets29/58€35k€32k▼
Stocks and contracts in progress3€977€977=
Stocks30/36€977€977=
Amounts receivable within one year40/41€160€220▲
Trade receivables40€160-
Other amounts receivable41-€220
Cash at bank and in hand54/58€34k€31k▼
Equity and liabilities
Total equity and liabilities10/49€49k€42k▼
Equity10/15€48k€42k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€27k€22k▼
Amounts payable17/49€1k€342▼
Amounts payable within one year42/48€1k€342▼
Trade debts44€1k€306▼
Suppliers440/4€1k€306▼
Taxes, remuneration and social security45€138-
Taxes450/3€138-
Other amounts payable47/48€36€36=
Income statement
Code20232024
Remuneration, social security and pensions62€841€445▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€248€549▲
Gross operating margin9900€26k€6k▼
Operating profit (loss)9901€21k€987▼
Financial charges65/66B€402€366▼
Recurring financial charges65€402€366▼
Profit (loss) for the period before taxes9903€20k€621▼
Income taxes67/77-€6k
Profit (loss) for the period9904€20k€-6k▼
Profit (loss) for the period to be appropriated9905€20k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€22k▼
Profit (loss) brought forward from the previous period14P€9k€27k▲
Transfer to equity691/2€2k-
To the legal reserve6920€2k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-6k ▼128%
Net result drops to €-6k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 94.91
Current ratio from 26.09 to 94.91; short-term debt falls from €1k to €342.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 26.09
Current ratio from 7.16 to 26.09; short-term debt falls from €2k to €1k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 489 days late
02-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 855 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 373 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2013
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.
Edmond Tollenaerestraat 21020 BrusselGround area
103 m²
Building footprint
103 m²
Volume, LiDAR
1,335 m³
Parcel 21815D0024/00R002, Brussels · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ZAN
since 20132.224.774.875
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0024/00R002 | Brussels | 103 m² | 1 · 103 m² | 15.2 m · 4 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 siteBrussel2.224.774.875
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,448 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0486817904