ZARZOUR
Open bankruptcyA bankruptcy procedure is open for ZARZOUR according to publications in the Belgian State Gazette; curator: HEIDI DE CAUWER.
Summary
The 2022 annual accounts show equity of €100k and a net result of €17k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€100k▲ 19.9%
2021 · €83k
2018: €11k
2019: €17k
2020: €51k
2021: €83k
2018 → 2022
Total assets
€165k▲ 38.8%
2021 · €119k
2018: €20k
2019: €24k
2020: €68k
2021: €119k
2018 → 2022
Net result
€17k▼ 48.7%
2021 · €32k
2018: €5k
2019: €6k
2020: €34k
2021: €32k
2018 → 2022
Working capital
€32k▼ 42.7%
2021 · €56k
2018: €-4k
2019: €6k
2020: €23k
2021: €56k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€11k-€17k▲ 57.3%€51k▲ 201%€83k▲ 63.1%€100k▲ 19.9%
Operating result€8k-€9k▲ 17.9%€47k▲ 408%€51k▲ 6.9%€22k▼ 57.1%
Net result€5k-€6k▲ 35.0%€34k▲ 452%€32k▼ 5.5%€17k▼ 48.7%
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 2022; 2022 is 57% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €165k
Fixed assets
€68k ▲ 150%
Current assets
€97k ▲ 6.1%
Equity and liabilities €165k
Equity
€100k ▲ 19.9%
Debt
€65k ▲ 83.3%
Debt's share of the balance-sheet total rises from 29.9% to 39.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43k▼
2021 · €64k
Cash flow
€38k▼
2021 · €45k
Current ratio
1.50▼
2021 · 2.58
Quick ratio
1.47▼
2021 · 2.55
Debt to equity
0.65▲
2021 · 0.43
ROE
16.6%▼
2021 · 38.7%
ROA
10.0%▼
2021 · 27.1%
Interest coverage
180.14▼
2021 · 206.48
Debt ≤ 1 year
€65k▲
2021 · €35k
Income taxes
€5k▼
2021 · €19k
Staff costs
€6k▲
2021 · €185
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 50 lines
Balance sheet
Code20212022
Assets
Total assets20/58€119k€165k▲
Fixed assets21/28€27k€68k▲
Intangible fixed assets21€250-
Tangible fixed assets22/27€23k€64k▲
Plant, machinery and equipment23€12k€15k▲
Furniture and vehicles24€10k€49k▲
Other tangible fixed assets26€2k€861▼
Financial fixed assets28€4k€3k▼
Current assets29/58€92k€97k▲
Amounts receivable after more than one year29€45k€45k=
Other amounts receivable291€45k€45k=
Stocks and contracts in progress3€1k€2k▲
Stocks30/36€1k€2k▲
Amounts receivable within one year40/41€31k€48k▲
Trade receivables40€5k€40k▲
Other amounts receivable41€26k€8k▼
Cash at bank and in hand54/58€13k€858▼
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€119k€165k▲
Equity10/15€83k€100k▲
Contributions10/11€6k€6k=
Reserves13€77k€77k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€75k€75k=
Profit (loss) carried forward14-€17k
Amounts payable17/49€35k€65k▲
Amounts payable within one year42/48€35k€65k▲
Trade debts44€11k€45k▲
Suppliers440/4€11k€45k▲
Taxes, remuneration and social security45€19k€20k▲
Taxes450/3€19k€20k▲
Remuneration and social security454/9€93-
Other amounts payable47/48€5k-
Income statement
Code20212022
Remuneration, social security and pensions62€185€6k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€21k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€66k€53k▼
Operating profit (loss)9901€51k€22k▼
Financial income75/76B€921-
Recurring financial income75€921-
Financial charges65/66B€310€239▼
Recurring financial charges65€310€239▼
Profit (loss) for the period before taxes9903€51k€22k▼
Income taxes67/77€19k€5k▼
Profit (loss) for the period9904€32k€17k▼
Profit (loss) for the period to be appropriated9905€32k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€17k▼
Transfer to equity691/2€32k-
To other reserves6921€32k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · ZARZOUR BV STATIONS- STRAAT 128, 9250 WAASMUNSTER · event 31-03-2025
2024
08-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 252 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €34k ▲452%
Net result €34k, the highest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 1.81
Current ratio from 0.56 to 1.81; short-term debt falls from €9k to €7k.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial 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
Registered office, Waasmunster · 1 establishment unit since 2017
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.
Stationsstraat 1289250 WaasmunsterGround area
256 m²
Building footprint
195 m²
Volume, LiDAR
1,010 m³
Parcel 42342C1653/00W000, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pizza Heat
since 20172.263.024.054
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42342C1653/00W000 | Flanders | 256 m² | 1 · 195 m² | 12.9 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | HEIDI DE CAUWER HOUTEN SCHOEN 14, 9100 SINT-
NIKLAAS |
31-03-2025 → present |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 7,829 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
46419Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.