ZARPA
ActiveZARPA has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency7▲+4
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.24 against 0.2 in 2024), and 89.8% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
1 d early
2023
63 d early
2022
73 d early
2021
59 d early
2020
43 d early
2019
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▲ 69.1%
2024 · €6k
2018: €87k
2019: €99k
2020: €-34k
2021: €-17k
2022: €-23k
2023: €-12k
2024: €6k
2018 → 2025
Total assets
€94k▼ 24.9%
2024 · €125k
2018: €450k
2019: €429k
2020: €262k
2021: €233k
2022: €192k
2023: €165k
2024: €125k
2018 → 2025
Net result
€4k▼ 77.3%
2024 · €17k
2018: €11k
2019: €12k
2020: €-132k
2021: €17k
2022: €-6k
2023: €11k
2024: €17k
2018 → 2025
Working capital
€-28k▲ 29.6%
2024 · €-40k
2018: €-73k
2019: €-70k
2020: €-74k
2021: €-60k
2022: €-67k
2023: €-59k
2024: €-40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-17k-€-23k▼ 36.1%€-12k▲ 48.7%€6k€10k▲ 69.1%
Operating result€18k-€86▼ 99.5%€17k▲ 19,534%€23k▲ 33.9%€8k▼ 66.4%
Net result€17k-€-6k€11k€17k▲ 56.6%€4k▼ 77.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€85k▼ 26.0%
Current assets
€9k▼ 12.3%
Equity and liabilities €94k
Equity
€10k▲ 69.1%
Debt
€84k▼ 29.4%
The debt ratio falls from 95.5% to 89.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€38k▼
2024 · €57k
Cash flow
€34k▼
2024 · €52k
Solvency
10.2%▲
2024 · 4.5%
Current ratio
0.24▲
2024 · 0.20
Quick ratio
0.24▲
2024 · 0.20
Debt / equity
8.84▼
2024 · 21.16
ROE
40.9%▼
2024 · 304.6%
ROA
4.2%▼
2024 · 13.7%
Interest coverage
10.14▼
2024 · 10.53
Debt
€84k▼
2024 · €119k
Debt ≤ 1 year
€37k▼
2024 · €50k
Debt > 1 year
€47k▼
2024 · €69k
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€125k€94k▼
Fixed assets21/28€115k€85k▼
Tangible fixed assets22/27€115k€85k▼
Land and buildings22€108k€81k▼
Plant, machinery and equipment23€7k€4k▼
Current assets29/58€10k€9k▼
Cash at bank and in hand54/58€10k€9k▼
Equity and liabilities
Total equity and liabilities10/49€125k€94k▼
Equity10/15€6k€10k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-56k€-52k▲
Amounts payable17/49€119k€84k▼
Amounts payable after more than one year17€69k€47k▼
Financial debts170/4€69k€47k▼
Amounts payable within one year42/48€50k€37k▼
Current portion of amounts payable after more than one year42€31k€22k▼
Trade debts44€137€137=
Suppliers440/4€137€137=
Other amounts payable47/48€19k€15k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€30k▼
Other operating charges640/8€10k€3k▼
Gross operating margin9900€67k€41k▼
Operating profit (loss)9901€23k€8k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€17k€4k▼
Profit (loss) for the period9904€17k€4k▼
Profit (loss) for the period to be appropriated9905€17k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-52k▲
Profit (loss) brought forward from the previous period14P€-74k€-56k▲
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
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €17k ▲56.6%
Net result €17k, the highest in the series.
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-132k ▼1183%
Net result drops to €-132k, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Pieters-Woluwe · 1 establishment unit since 1994
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.
Grootveldlaan 2921150 Sint-Pieters-WoluweGround area
979 m²
Building footprint
234 m²
Volume, LiDAR
1,584 m³
2 parcels, Brussels · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Roodebeeksteenweg 249, 1200 Sint-Lambrechts-Woluwe
since 19942.066.900.843
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0201/00R002 | Brussels | 701 m² | 1 · 101 m² | 8.5 m · 2 fl. |
| 21673D0069/00Z000 | Brussels | 278 m² | 1 · 133 m² | 12.0 m · 2 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.
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HERIMMO
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Of 11,708 companies in sector 68310 we hold annual accounts for 6,875. 2,859 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-05-1994
Fiscal year end30-09
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
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.