ZARE
ActiveZARE has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162k and a net result of €92k. Equity is growing by ~107.2% per year across the filed fiscal years. Its solvency ranks better than 70% of 7017 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency99▲+23
Growth78=
Track record82
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days only on tighter terms
Liquidity ample (current ratio 3.11 against 1.52 in 2024; short-term debt: 26% and cash: 37.3% of total assets), and 26% of the assets are financed with debt.
Credit advice 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
74%
Return on assets
41.9%
Age of the figures
9 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 20-03-2026, 133 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
133 d early
2024
33 d early
2023
47 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€162k▲ 131%
2024 · €70k
2023: €11k
2024: €70k
2023 → 2025
Total assets
€219k▲ 59.4%
2024 · €138k
2023: €15k
2024: €138k
2023 → 2025
Net result
€92k▲ 56.0%
2024 · €59k
2023: €6k
2024: €59k
2023 → 2025
Working capital
€120k▲ 244%
2024 · €35k
2023: €10k
2024: €35k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€11k-€70k▲ 516%€162k▲ 131%
Operating result€8k-€75k▲ 821%€117k▲ 56.6%
Net result€6k-€59k▲ 819%€92k▲ 56.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 57% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €219k
Fixed assets
€42k▲ 18.5%
Current assets
€177k▲ 73.5%
Equity and liabilities €219k
Equity
€162k▲ 131%
Debt
€57k▼ 15.2%
The debt ratio falls from 48.9% to 26.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€132k▲
2024 · €84k
Cash flow
€106k▲
2024 · €68k
Solvency
74.0%▲
2024 · 51.1%
Current ratio
3.11▲
2024 · 1.52
Quick ratio
3.11▲
2024 · 1.52
Debt / equity
0.35▼
2024 · 0.96
ROE
56.7%▼
2024 · 83.8%
ROA
41.9%▼
2024 · 42.8%
Interest coverage
632.17▲
2024 · 621.75
Debt
€57k▼
2024 · €67k
Debt ≤ 1 year
€57k▼
2024 · €67k
Income taxes
€26k▲
2024 · €16k
Staff costs
€400▲
2024 · €186
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€138k€219k▲
Fixed assets21/28€35k€42k▲
Tangible fixed assets22/27€35k€42k▲
Furniture and vehicles24€35k€42k▲
Current assets29/58€102k€177k▲
Amounts receivable within one year40/41€1k€93k▲
Trade receivables40€1k€55k▲
Other amounts receivable41-€38k
Cash at bank and in hand54/58€99k€82k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€138k€219k▲
Equity10/15€70k€162k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€65k€157k▲
Amounts payable17/49€67k€57k▼
Amounts payable within one year42/48€67k€57k▼
Trade debts44€812€23k▲
Suppliers440/4€812€23k▲
Taxes, remuneration and social security45€24k€34k▲
Taxes450/3€23k€34k▲
Remuneration and social security454/9€1k-
Other amounts payable47/48€42k-
Income statement
Code20242025
Remuneration, social security and pensions62€186€400▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€14k▲
Other operating charges640/8€752€532▼
Gross operating margin9900€85k€133k▲
Operating profit (loss)9901€75k€117k▲
Financial income75/76B€0€565▲
Recurring financial income75€0€565▲
Financial charges65/66B€135€208▲
Recurring financial charges65€135€208▲
Profit (loss) for the period before taxes9903€75k€118k▲
Income taxes67/77€16k€26k▲
Profit (loss) for the period9904€59k€92k▲
Profit (loss) for the period to be appropriated9905€59k€92k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€157k▲
Profit (loss) brought forward from the previous period14P€6k€65k▲
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
Next filing, fiscal year 2026, expected by
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €92k ▲56%
Operating result €117k, net result €92k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.11
Current ratio from 1.52 to 3.11; short-term debt falls from €67k to €57k.
31-12
Financial
Equity above €150kEq €162k ▲131%
3 profitable years in a row build equity to €162k.
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 2023
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.
Oude Terelststraat 442650 EdegemGround area
181 m²
Building footprint
76 m²
Volume, LiDAR
558 m³
Parcel 11472C0246/00H000, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Z-Electro / ZARE
since 20232.349.798.373
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472C0246/00H000 | Flanders | 181 m² | 1 · 76 m² | 9.3 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 244 EUR awarded · 244 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 60 EUR | 60 EUR |
| 2024 | 1 | 0 EUR | 184 EUR |
| 2023 | 1 | 184 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
HUGIN & MUNIN
BE 0713.710.459
Diest · Eq €162k
MOZAH CONSULTING
BE 0740.799.490
Genk · Eq €162k
SCHAUVLIEGE THIBAULT
BE 0788.342.952
Brugge · Eq €163k
MAGOS Consult
BE 0751.534.026
Beersel · Eq €163k
Elevator
BE 0785.684.954
Overijse · Eq €162k
Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 5,406 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2023
Fiscal year end31-12
Trade name NL
Z-Electro
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
41001General construction of residential buildings
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.