ZATTARA
ActiveSummary
ZATTARA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.34M and a net result of €353k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 95% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €800k at 30 days acceptable
Liquidity short (current ratio 0.82 against 8.52 in 2024; short-term debt: 1.5% and cash: 0.4% of total assets), and 1.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
98.5%
Return on assets
3.4%
Age of the figures
9 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
6 d early
2023
2 d early
2022
8 d late
2021
16 d early
2020
19 d late
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€10.34M▼ 5.9%
2024 · €10.99M
2018: €13.01Mhighest in 8 years
2019: €12.58M▼ -3.3% vs 2018
2020: €12.46M▼ -1.0% vs 2019
2021: €12.26M▼ -1.6% vs 2020
2022: €12.21M▼ -0.4% vs 2021
2023: €12.57M▲ +2.9% vs 2022
2024: €10.99M▼ -12.6% vs 2023
2025: €10.34M▼ -5.9% vs 2024lowest in 8 years
2018 → 2025
Total assets
€10.49M▼ 4.8%
2024 · €11.03M
2018: €13.01Mhighest in 8 years
2019: €12.60M▼ -3.2% vs 2018
2020: €12.63M▲ +0.2% vs 2019
2021: €12.30M▼ -2.6% vs 2020
2022: €12.31M▲ +0.1% vs 2021
2023: €12.65M▲ +2.8% vs 2022
2024: €11.03M▼ -12.8% vs 2023
2025: €10.49M▼ -4.8% vs 2024lowest in 8 years
2018 → 2025
Net result
€353k▼ 15.7%
2024 · €418k
2018: €-311k
2019: €-433k▼ -39.4% vs 2018lowest in 8 years
2020: €-121k▲ +72.0% vs 2019
2021: €-195k▼ -60.6% vs 2020
2022: €-52k▲ +73.0% vs 2021
2023: €356k▲ +778% vs 2022
2024: €418k▲ +17.6% vs 2023highest in 8 years
2025: €353k▼ -15.7% vs 2024
2018 → 2025
Working capital
€-29k
2024 · €316k
2018: €732k
2019: €740k▲ +1.2% vs 2018
2020: €787k▲ +6.3% vs 2019
2021: €811k▲ +3.1% vs 2020
2022: €931k▲ +14.8% vs 2021
2023: €1.59M▲ +70.5% vs 2022highest in 8 years
2024: €316k▼ -80.1% vs 2023
2025: €-29k▼ -109% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12.26M-€12.21M▼ 0.4%€12.57M▲ 2.9%€10.99M▼ 12.6%€10.34M▼ 5.9%
2021: €12.26M
2022: €12.21M▼ -0.4% vs 2021
2023: €12.57M▲ +2.9% vs 2022highest in 5 years
2024: €10.99M▼ -12.6% vs 2023
2025: €10.34M▼ -5.9% vs 2024lowest in 5 years
Operating result€-194k-€-50k▲ 74.2%€356k€394k▲ 10.7%€354k▼ 10.1%
2021: €-194klowest in 5 years
2022: €-50k▲ +74.2% vs 2021
2023: €356k▲ +811% vs 2022
2024: €394k▲ +10.7% vs 2023highest in 5 years
2025: €354k▼ -10.1% vs 2024
Net result€-195k-€-52k▲ 73.0%€356k€418k▲ 17.6%€353k▼ 15.7%
2021: €-195klowest in 5 years
2022: €-52k▲ +73.0% vs 2021
2023: €356k▲ +778% vs 2022
2024: €418k▲ +17.6% vs 2023highest in 5 years
2025: €353k▼ -15.7% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.49M
Fixed assets
€10.37M ▼ 2.8%
Current assets
€127k ▼ 64.5%
Equity and liabilities €10.49M
Equity
€10.34M ▼ 5.9%
Debt
€156k ▲ 263%
Debt's share of the balance-sheet total rises from 0.4% to 1.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€883k▼
2024 · €913k
Cash flow
€882k▼
2024 · €938k
Current ratio
0.82▼
2024 · 8.52
Debt to equity
0.02▲
2024 · 0.00
ROE
3.4%▼
2024 · 3.8%
ROA
3.4%▼
2024 · 3.8%
Interest coverage
1014.34▼
2024 · 2033.66
Debt ≤ 1 year
€156k▲
2024 · €42k
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 · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€11.03M€10.49M▼
Fixed assets21/28€10.67M€10.37M▼
Tangible fixed assets22/27€10.67M€10.37M▼
Land and buildings22€10.67M€10.36M▼
Plant, machinery and equipment23€3k€2k▼
Current assets29/58€358k€127k▼
Amounts receivable within one year40/41€9k€74k▲
Trade receivables40€9k€67k▲
Other amounts receivable41-€7k
Cash at bank and in hand54/58€328k€42k▼
Deferred charges and accrued income490/1€21k€11k▼
Equity and liabilities
Total equity and liabilities10/49€11.03M€10.49M▼
Equity10/15€10.99M€10.34M▼
Contributions10/11€13.20M€12.20M▼
Profit (loss) carried forward14€-2.21M€-1.86M▲
Amounts payable17/49€43k€156k▲
Amounts payable within one year42/48€42k€156k▲
Trade debts44€17k€87k▲
Suppliers440/4€17k€87k▲
Taxes, remuneration and social security45€25k€18k▼
Taxes450/3€25k€18k▼
Other amounts payable47/48-€50k
Accrued charges and deferred income492/3€879€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€519k€529k▲
Other operating charges640/8€192k€198k▲
Gross operating margin9900€1.10M€1.08M▼
Operating profit (loss)9901€394k€354k▼
Financial income75/76B€25k€54▼
Recurring financial income75€25k€54▼
Financial charges65/66B€449€870▲
Recurring financial charges65€449€870▲
Profit (loss) for the period before taxes9903€418k€353k▼
Profit (loss) for the period9904€418k€353k▼
Profit (loss) for the period to be appropriated9905€418k€353k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.21M€-1.86M▲
Profit (loss) brought forward from the previous period14P€-2.63M€-2.21M▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €496k | €497k | €510k | €519k | €529k | ▲ 1.9% |
| Other operating charges640/8 | €164k | €168k | €184k | €192k | €198k | ▲ 3.1% |
| Gross operating margin9900 | €466k | €615k | €1.05M | €1.10M | €1.08M | ▼ 2.2% |
| Operating profit (loss)9901 | €-194k | €-50k | €356k | €394k | €354k | ▼ 10.1% |
| Financial income75/76B | €693 | €927 | €1k | €25k | €54 | ▼ 99.8% |
| Recurring financial income75 | €693 | €927 | €1k | €25k | €54 | ▼ 99.8% |
| Financial charges65/66B | €2k | €3k | €852 | €449 | €870 | ▲ 93.9% |
| Recurring financial charges65 | €2k | €3k | €852 | €449 | €870 | ▲ 93.9% |
| Profit (loss) for the period before taxes9903 | €-195k | €-52k | €356k | €418k | €353k | ▼ 15.7% |
| Profit (loss) for the period9904 | €-195k | €-52k | €356k | €418k | €353k | ▼ 15.7% |
| Profit (loss) for the period to be appropriated9905 | €-195k | €-52k | €356k | €418k | €353k | ▼ 15.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.30M | €12.31M | €12.65M | €11.03M | €10.49M | ▼ 4.8% |
| Fixed assets21/28 | €11.47M | €11.28M | €11.00M | €10.67M | €10.37M | ▼ 2.8% |
| Tangible fixed assets22/27 | €11.47M | €11.28M | €11.00M | €10.67M | €10.37M | ▼ 2.8% |
| Land and buildings22 | €11.47M | €11.28M | €10.99M | €10.67M | €10.36M | ▼ 2.8% |
| Plant, machinery and equipment23 | €1k | €2k | €2k | €3k | €2k | ▼ 29.1% |
| Current assets29/58 | €832k | €1.03M | €1.65M | €358k | €127k | ▼ 64.5% |
| Amounts receivable within one year40/41 | €32k | €59k | €65k | €9k | €74k | ▲ 740% |
| Trade receivables40 | €30k | €56k | €65k | €9k | €67k | ▲ 661% |
| Other amounts receivable41 | €3k | €3k | €0 | - | €7k | - |
| Cash at bank and in hand54/58 | €770k | €945k | €1.57M | €328k | €42k | ▼ 87.2% |
| Deferred charges and accrued income490/1 | €30k | €24k | €22k | €21k | €11k | ▼ 48.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.30M | €12.31M | €12.65M | €11.03M | €10.49M | ▼ 4.8% |
| Equity10/15 | €12.26M | €12.21M | €12.57M | €10.99M | €10.34M | ▼ 5.9% |
| Contributions10/11 | €15.20M | €15.20M | €15.20M | €13.20M | €12.20M | ▼ 7.6% |
| Profit (loss) carried forward14 | €-2.94M | €-2.99M | €-2.63M | €-2.21M | €-1.86M | ▲ 15.9% |
| Amounts payable17/49 | €35k | €97k | €83k | €43k | €156k | ▲ 263% |
| Amounts payable within one year42/48 | €21k | €97k | €66k | €42k | €156k | ▲ 271% |
| Trade debts44 | €18k | €60k | €52k | €17k | €87k | ▲ 417% |
| Suppliers440/4 | €18k | €60k | €52k | €17k | €87k | ▲ 417% |
| Taxes, remuneration and social security45 | €3k | €37k | €14k | €25k | €18k | ▼ 26.7% |
| Taxes450/3 | €3k | €37k | €14k | €25k | €18k | ▼ 26.7% |
| Other amounts payable47/48 | - | - | - | - | €50k | - |
| Accrued charges and deferred income492/3 | €15k | €321 | €17k | €879 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-195k | €-52k | €356k | €418k | €353k | ▼ 15.7% |
| + Depreciation and write-downs630 | €496k | €497k | €510k | €519k | €529k | ▲ 1.9% |
| Operating cash flow (approximation) | €301k | €445k | €866k | €938k | €882k | ▼ 6.0% |
| Investment in fixed assets (approximation) | - | €-310k | €-226k | €-193k | €-225k | ▼ 16.7% |
| Change in cash | - | €175k | €623k | €-1.24M | €-286k | ▲ 77.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €418k ▲17.6%
Operating result €394k, net result €418k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €356k
Net result €356k after 5 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 25.04
Current ratio from 10.59 to 25.04; short-term debt falls from €97k to €66k.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity times 7current ratio 39.70
Current ratio from 5.99 to 39.70; short-term debt falls from €158k to €21k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 45 days late
2019
31-12
Financial
Weakest financial yearnet €-433k
Net result drops to €-433k, the lowest in the series; recovery starts the following year.
Show earlier events
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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, Knokke-Heist · 1 establishment unit since 2021
Ground area
2,043 m²
Building footprint
376 m²
Volume, LiDAR
2,951 m³
Parcel 31332F0409/00D000, Flanders · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
ZATTARA
since 20212.314.974.977
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332F0409/00D000 | Flanders | 2,043 m² | 1 · 376 m² | 14.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 1,851 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68321Property management for co-owned buildings (syndics)
Scores and ratios are computed by Checked and are not a credit decision.