ZANGRA
ActiveZANGRA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €21k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent▲ +31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+70
Solvency100=
Growth52▲+17
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 10.9 against 26.69 in 2024), and 9.2% 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○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
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
90.8%
Return on assets
11%
Age of the figures
8 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
46 d late
2023
56 d late
2022
58 d late
2021
2 d early
2020
4 d early
2019
106 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€39k▼ 5.3%
2024 · €41k
2018: €80k
2019: €73k
2020: €70k
2021: €84k
2022: €196k
2023: €78k
2024: €41k
2018 → 2025
EBIT margin
76.3%▲ 74.3pp
2024 · 2.0%
2018: 5.9%
2019: 3.9%
2020: 2.2%
2021: 7.6%
2022: 56.7%
2023: 7.5%
2024: 2.0%
2018 → 2025
Net result
€21k
2024 · €-380
2018: €2k
2019: €1k
2020: €927
2021: €2k
2022: €81k
2023: €3k
2024: €-380
2018 → 2025
Working capital
€173k▲ 13.8%
2024 · €152k
2018: €58k
2019: €61k
2020: €62k
2021: €68k
2022: €149k
2023: €152k
2024: €152k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€84k-€196k▲ 134%€78k▼ 60.3%€41k▼ 46.8%€39k▼ 5.3%
Equity€69k-€149k▲ 117%€153k▲ 2.2%€152k▼ 0.2%€173k▲ 13.8%
Operating result€6k-€111k▲ 1,639%€6k▼ 94.7%€814▼ 86.0%€30k▲ 3,568%
Net result€2k-€81k▲ 4,413%€3k▼ 95.9%€-380€21k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3,568% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €191k
Fixed assets
€245=
Current assets
€190k▲ 20.6%
Equity and liabilities €191k
Equity
€173k▲ 13.8%
Debt
€17k▲ 195%
The debt ratio rises from 3.7% to 9.2%: debt grows faster than equity.
Key figures and ratios
Solvency
90.8%▼
2024 · 96.3%
Current ratio
10.90▼
2024 · 26.69
Quick ratio
10.90▼
2024 · 26.69
Debt / equity
0.10▲
2024 · 0.04
ROE
12.1%▲
2024 · -0.2%
ROA
11.0%▲
2024 · -0.2%
Debt
€17k▲
2024 · €6k
Debt ≤ 1 year
€17k▲
2024 · €6k
Income taxes
€9k▲
2024 · €1k
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€158k€191k▲
Fixed assets21/28€245€245=
Financial fixed assets28€245€245=
Current assets29/58€158k€190k▲
Amounts receivable within one year40/41€152k€189k▲
Trade receivables40€71k€81k▲
Other amounts receivable41€81k€108k▲
Cash at bank and in hand54/58€6k€1k▼
Equity and liabilities
Total equity and liabilities10/49€158k€191k▲
Equity10/15€152k€173k▲
Contributions10/11€50k€50k=
Capital10€50k€50k=
Issued capital100€50k€50k=
Reserves13€8k€8k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€1k€1k=
Profit (loss) carried forward14€94k€115k▲
Amounts payable17/49€6k€17k▲
Amounts payable within one year42/48€6k€17k▲
Taxes, remuneration and social security45€6k€12k▲
Taxes450/3€6k€12k▲
Other amounts payable47/48-€5k
Income statement
Code20242025
Turnover70€41k€39k▼
Goods, raw materials, services and sundry goods60/61€41k€59k▲
Gross operating margin9900€814€30k▲
Operating profit (loss)9901€814€30k▲
Financial charges65/66B€74€75▲
Recurring financial charges65€74€75▲
Profit (loss) for the period before taxes9903€741€30k▲
Income taxes67/77€1k€9k▲
Profit (loss) for the period9904€-380€21k▲
Profit (loss) for the period to be appropriated9905€-380€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€94k€115k▲
Profit (loss) brought forward from the previous period14P€95k€94k▼
The notes to these accounts (5 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 46 days late
2024
31-12
Financial
Weakest financial yearnet €-380 ▼111%
Net result drops to €-380, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 26.69
Current ratio from 5.45 to 26.69; short-term debt falls from €34k to €6k.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 56 days late
2023
31-12
Financial
Equity above €150kEq €153k ▲2.2%
6 profitable years in a row build equity to €153k.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 58 days late
2022
31-12
Financial
Highest result since 2018net €81k ▲4413%
Operating result €111k, net result €81k, both a record.
31-12
Financial
Equity above €100kEq €149k ▲117%
5 profitable years in a row build equity to €149k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 106 days late
2019
31-12
Financial
Liquidity times 5current ratio 7.30
Current ratio from 1.46 to 7.30; short-term debt falls from €126k to €10k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 52 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 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
1 establishment unit since 1989
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.
Ground area
1,954 m²
Building footprint
1,096 m²
Volume, LiDAR
11,438 m³
2 parcels, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ZANGRA
since 19892.044.401.395
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0059/00K002 | Brussels | 1,177 m² | 1 · 714 m² | 11.2 m · 3 fl. |
| 21005A0590/00N005 | Brussels | 777 m² | 1 · 382 m² | 18.4 m · 5 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.
Similar companies · same sector, comparable size
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FLIE
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The Video Nerd
BE 0765.475.104
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KWEB
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LIMONADE
BE 1003.772.925
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Of 1,321 companies in sector 59111 we hold annual accounts for 684. 464 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap (oud statuut)
Founded31-03-1989
Fiscal year end31-12
Activities, NACEBEL
59111Production of cinema films
59120Post-production of films, video and television programmes
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.