ZAROS
ActiveZAROS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €-225. Equity is growing by ~54.2% per year across the filed fiscal years. Its solvency ranks better than 29% of 7930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
20
/ 100
Critical▼ -31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency23▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 0.56 in 2024), and 76.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 2025Solvency, return and age of the figures
Solvency
23.4%
Return on assets
-0.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 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 · 10 filingsDeviation from the deadline
2025
30 d late
2024
12 d late
2023
25 d late
2022
31 d late
2021
29 d late
2020
27 d late
2019
87 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€11k▼ 2.0%
2024 · €11k
2018: €-26k
2019: €-33k
2020: €-14k
2021: €811
2022: €4k
2023: €6k
2024: €11k
2018 → 2025
Total assets
€48k▼ 12.9%
2024 · €55k
2018: €116k
2019: €99k
2020: €97k
2021: €86k
2022: €75k
2023: €57k
2024: €55k
2018 → 2025
Net result
€-225
2024 · €6k
2018: €-3k
2019: €-8k
2020: €14k
2021: €15k
2022: €3k
2023: €2k
2024: €6k
2018 → 2025
Working capital
€-10k▼ 45.7%
2024 · €-7k
2018: €-24k
2019: €-38k
2020: €-15k
2021: €-5k
2022: €-6k
2023: €-5k
2024: €-7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€811-€4k▲ 388%€6k▲ 47.6%€11k▲ 95.0%€11k▼ 2.0%
Operating result€22k-€8k▼ 64.2%€6k▼ 28.3%€10k▲ 76.9%€2k▼ 80.3%
Net result€15k-€3k▼ 78.4%€2k▼ 40.1%€6k▲ 194%€-225
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€39k▼ 17.0%
Current assets
€9k▲ 10.4%
Equity and liabilities €48k
Equity
€11k▼ 2.0%
Debt
€37k▼ 15.7%
The debt ratio falls from 79.2% to 76.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€10k▼
2024 · €18k
Cash flow
€8k▼
2024 · €14k
Solvency
23.4%▲
2024 · 20.8%
Current ratio
0.49▼
2024 · 0.56
Quick ratio
0.49▼
2024 · 0.56
Debt / equity
3.28▼
2024 · 3.81
ROE
-2.0%▼
2024 · 48.7%
ROA
-0.5%▼
2024 · 10.1%
Interest coverage
7.06▼
2024 · 9.48
Debt
€37k▼
2024 · €43k
Debt ≤ 1 year
€19k▲
2024 · €15k
Debt > 1 year
€18k▼
2024 · €29k
Income taxes
€805▼
2024 · €2k
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€55k€48k▼
Fixed assets21/28€47k€39k▼
Tangible fixed assets22/27€47k€39k▼
Land and buildings22€46k€39k▼
Plant, machinery and equipment23€534€61▼
Current assets29/58€8k€9k▲
Amounts receivable within one year40/41€7k€6k▼
Trade receivables40€7k€5k▼
Other amounts receivable41€55€500▲
Current investments50/53€1-
Cash at bank and in hand54/58€850€3k▲
Equity and liabilities
Total equity and liabilities10/49€55k€48k▼
Equity10/15€11k€11k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Profit (loss) carried forward14€-7k€-7k▼
Amounts payable17/49€43k€37k▼
Amounts payable after more than one year17€29k€18k▼
Financial debts170/4€29k€18k▼
Amounts payable within one year42/48€15k€19k▲
Current portion of amounts payable after more than one year42€847€422▼
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€4k€755▼
Taxes450/3€4k€755▼
Other amounts payable47/48€5k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€19k€12k▼
Operating profit (loss)9901€10k€2k▼
Financial income75/76B€62€30▼
Recurring financial income75€62€30▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€8k€580▼
Income taxes67/77€2k€805▼
Profit (loss) for the period9904€6k€-225▼
Profit (loss) for the period to be appropriated9905€6k€-225▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-7k▼
Profit (loss) brought forward from the previous period14P€-13k€-7k▲
The notes to these accounts (4 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €15k ▲7.9%
Operating result €22k, net result €15k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 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, Oostende · 1 establishment unit since 1995
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.
Koningsstraat 48400 OostendeGround area
1,134 m²
Building footprint
923 m²
Volume, LiDAR
10,887 m³
2 parcels, Flanders · tallest building 31.1 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Patronaatstraat 2, 9420 Erpe-Mere
since 19952.074.318.670
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41040B0143/00N000 | Flanders | 739 m² | 1 · 527 m² | - |
| 35013A1595/00E031 | Flanders | 395 m² | 1 · 395 m² | 31.1 m · 10 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
LH Bespoke Consulting
BE 0772.856.408
Halle · Eq €11k
MALONO
BE 0548.797.888
Anderlecht · Eq €11k
ORGAVEG
BE 0749.489.306
Poperinge · Eq €11k
M.M. TECHNIC
BE 0463.848.456
Eupen · Eq €11k
MIDI GSM
BE 1001.570.233
Anderlecht · Eq €11k
Of 6,128 companies in sector 46190 we hold annual accounts for 2,554. 1,343 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-1995
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.