ZARA M.G.
ActiveFrom the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of ZARA M.G. is 2.4% (moderate). The 2024 annual accounts show negative equity (-€194,764) and a net result of -€6,236. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 5% of 19,157 sector peers (NACE 68, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 27-01-2011 Normal situation
- Legal form
- Private limited company (pre-2019)
- Registered office
- Krijgslaan 21, 9000 Gent
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
- Establishment unit
- 2.198.102.449 9000 Gent, since 27-01-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 28-01-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 2.4%
Annual accounts 2024
- Gross margin
- -€4,675
- Loss
- €6,236
- Equity
- -€194,764
- ▼ 3.3%
- Total assets
- €1,573
- =
Turnover not published (micro format)2025 accounts not filed, 93 days past the deadline
Filed on 29-08-2025PDF
Why 50raises riskLiquidity: current ratio 0.01Figures for financial year 2024 (filed 02-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 29 days late; 1 of the last 3 latelowers riskSize: total assets €1,573Show the evidence
Checked score
Score 2024
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 12% of its sector peers (NACE 68, micro)
Financial strength · tick = 2023
Weak
Solvency
0=
equity -12381.7% of total assets
Liquidity
0=
short-term debt 12481.7%
Profitability
0-100
return on assets -396.4%
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.9%lowest value
12-2024: 1.9%● unchanged vs 11-2024lowest value
01-2025: 1.9%● unchanged vs 12-2024lowest value
02-2025: 1.9%● unchanged vs 01-2025lowest value
03-2025: 2.0%▲ +0.1 percentage points vs 02-2025
04-2025: 2.0%● unchanged vs 03-2025
05-2025: 2.0%● unchanged vs 04-2025
06-2025: 2.0%● unchanged vs 05-2025
07-2025: 2.3%▲ +0.3 percentage points vs 06-2025
08-2025: 3.0%▲ +0.7 percentage points vs 07-2025
09-2025: 3.3%▲ +0.3 percentage points vs 08-2025
10-2025: 2.9%▼ -0.4 percentage points vs 09-2025
11-2025: 2.9%● unchanged vs 10-2025
12-2025: 2.9%● unchanged vs 11-2025
01-2026: 2.9%● unchanged vs 12-2025
02-2026: 2.9%● unchanged vs 01-2026
03-2026: 3.0%▲ +0.1 percentage points vs 02-2026
04-2026: 3.0%● unchanged vs 03-2026
05-2026: 2.8%▼ -0.2 percentage points vs 04-2026
06-2026: 2.8%● unchanged vs 05-2026
07-2026: 2.9%▲ +0.1 percentage points vs 06-2026
08-2026: 3.8%▲ +0.9 percentage points vs 07-2026
09-2026: 4.0%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 2.4%▼ -1.6 percentage points vs 09-2026
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 5% on solvency, 0% on liquidity, 4% on profitability and 37% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€194,764
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
29 days late
2023
2 days early
2022
224 days late
2021
577 days late
2020
4 days early
2019
77 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 150 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2024filed on 29-08-2025
- Annual accounts 2023filed on 29-07-2024
- Annual accounts 2022filed on 11-03-2024
- Annual accounts 2021filed on 28-02-2024
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about ZARA M.G.
- What is the company number of ZARA M.G.?
- 0833.202.977. In Belgium the VAT number is the company number with BE in front: BE 0833.202.977.
- Where is ZARA M.G. based?
- The registered office is at Krijgslaan 21, 9000 Gent.Company details
- What does ZARA M.G. do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of ZARA M.G.?
- Private limited company (pre-2019) (BVBA).
- When was ZARA M.G. founded?
- On 27-01-2011.
- Is ZARA M.G. still active?
- Yes, ZARA M.G. is an active enterprise in the KBO register.
- What is the turnover of ZARA M.G.?
- The annual accounts for financial year 2024 state no turnover: the micro format does not require it.Financials
- Is ZARA M.G. profitable?
- In financial year 2024, ZARA M.G. made a loss of €6,236.
- Where can I find the annual accounts of ZARA M.G.?
- ZARA M.G. filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)
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