Zebra 3
ActiveSummary
Zebra 3 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €824k and a net result of €218k. Equity is growing by ~45.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 2003 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-11
Solvency86▲+15
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 1.84 in 2024; short-term debt: 39.5% and cash: 47.4% of total assets), and 39.5% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% 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
60.5%
Return on assets
16.1%
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 12-08-2026, 12 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 · 3 filingsDeviation from the deadline
2025
12 d late
2024
28 d late
2023
1 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, micro schema
Equity
€824k▲ 36.1%
2024 · €605k
2023: €272klowest in 3 years
2024: €605k▲ +122% vs 2023
2025: €824k▲ +36.1% vs 2024highest in 3 years
2023 → 2025
Total assets
€1.36M▲ 4.0%
2024 · €1.31M
2023: €806klowest in 3 years
2024: €1.31M▲ +62.4% vs 2023
2025: €1.36M▲ +4.0% vs 2024highest in 3 years
2023 → 2025
Net result
€218k▼ 34.4%
2024 · €333k
2023: €269k
2024: €333k▲ +23.6% vs 2023highest in 3 years
2025: €218k▼ -34.4% vs 2024lowest in 3 years
2023 → 2025
Working capital
€815k▲ 37.3%
2024 · €594k
2023: €272klowest in 3 years
2024: €594k▲ +118% vs 2023
2025: €815k▲ +37.3% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€272k-€605k▲ 122%€824k▲ 36.1%
2023: €272klowest in 3 years
2024: €605k▲ +122% vs 2023
2025: €824k▲ +36.1% vs 2024highest in 3 years
Operating result€377k-€458k▲ 21.6%€304k▼ 33.5%
2023: €377k
2024: €458k▲ +21.6% vs 2023highest in 3 years
2025: €304k▼ -33.5% vs 2024lowest in 3 years
Net result€269k-€333k▲ 23.6%€218k▼ 34.4%
2023: €269k
2024: €333k▲ +23.6% vs 2023highest in 3 years
2025: €218k▼ -34.4% vs 2024lowest in 3 years
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 34% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.36M
Fixed assets
€8k ▼ 27.0%
Current assets
€1.35M ▲ 4.2%
Equity and liabilities €1.36M
Equity
€824k ▲ 36.1%
Debt
€537k ▼ 23.6%
Debt's share of the balance-sheet total falls from 53.8% to 39.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€307k▼
2024 · €459k
Cash flow
€221k▼
2024 · €334k
Current ratio
2.52▲
2024 · 1.84
Debt to equity
0.65▼
2024 · 1.16
ROE
26.5%▼
2024 · 55.0%
ROA
16.1%▼
2024 · 25.4%
Interest coverage
11.23▼
2024 · 20.10
Debt ≤ 1 year
€537k▼
2024 · €704k
Income taxes
€66k▼
2024 · €104k
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.31M€1.36M▲
Fixed assets21/28€11k€8k▼
Tangible fixed assets22/27€11k€8k▼
Furniture and vehicles24€11k€8k▼
Current assets29/58€1.30M€1.35M▲
Amounts receivable within one year40/41€737k€708k▼
Other amounts receivable41€737k€708k▼
Current investments50/53€350k-
Cash at bank and in hand54/58€211k€644k▲
Equity and liabilities
Total equity and liabilities10/49€1.31M€1.36M▲
Equity10/15€605k€824k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€602k€821k▲
Amounts payable17/49€704k€537k▼
Amounts payable within one year42/48€704k€537k▼
Trade debts44€205k€43k▼
Suppliers440/4€205k€43k▼
Taxes, remuneration and social security45€499k€493k▼
Taxes450/3€196k€170k▼
Remuneration and social security454/9€303k€323k▲
Other amounts payable47/48€30€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€890€3k▲
Other operating charges640/8€21k€23k▲
Gross operating margin9900€480k€330k▼
Operating profit (loss)9901€458k€304k▼
Financial income75/76B€2k€8k▲
Recurring financial income75€2k€8k▲
Financial charges65/66B€23k€27k▲
Recurring financial charges65€23k€27k▲
Profit (loss) for the period before taxes9903€437k€285k▼
Income taxes67/77€104k€66k▼
Profit (loss) for the period9904€333k€218k▼
Profit (loss) for the period to be appropriated9905€333k€218k▼
Appropriation of the result
Profit (loss) to be appropriated9906€602k€821k▲
Profit (loss) brought forward from the previous period14P€269k€602k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €890 | €3k | ▲ 243% |
| Other operating charges640/8 | €602 | €21k | €23k | ▲ 6.0% |
| Gross operating margin9900 | €377k | €480k | €330k | ▼ 31.3% |
| Operating profit (loss)9901 | €377k | €458k | €304k | ▼ 33.5% |
| Financial income75/76B | €520 | €2k | €8k | ▲ 297% |
| Recurring financial income75 | €520 | €2k | €8k | ▲ 297% |
| Financial charges65/66B | €23k | €23k | €27k | ▲ 19.9% |
| Recurring financial charges65 | €23k | €23k | €27k | ▲ 19.9% |
| Profit (loss) for the period before taxes9903 | €354k | €437k | €285k | ▼ 34.8% |
| Income taxes67/77 | €85k | €104k | €66k | ▼ 36.3% |
| Profit (loss) for the period9904 | €269k | €333k | €218k | ▼ 34.4% |
| Profit (loss) for the period to be appropriated9905 | €269k | €333k | €218k | ▼ 34.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €806k | €1.31M | €1.36M | ▲ 4.0% |
| Fixed assets21/28 | - | €11k | €8k | ▼ 27.0% |
| Tangible fixed assets22/27 | - | €11k | €8k | ▼ 27.0% |
| Furniture and vehicles24 | - | €11k | €8k | ▼ 27.0% |
| Current assets29/58 | €806k | €1.30M | €1.35M | ▲ 4.2% |
| Amounts receivable within one year40/41 | €603k | €737k | €708k | ▼ 3.9% |
| Other amounts receivable41 | €603k | €737k | €708k | ▼ 3.9% |
| Current investments50/53 | - | €350k | - | - |
| Cash at bank and in hand54/58 | €136k | €211k | €644k | ▲ 206% |
| Deferred charges and accrued income490/1 | €68k | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €806k | €1.31M | €1.36M | ▲ 4.0% |
| Equity10/15 | €272k | €605k | €824k | ▲ 36.1% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €269k | €602k | €821k | ▲ 36.3% |
| Amounts payable17/49 | €534k | €704k | €537k | ▼ 23.6% |
| Amounts payable within one year42/48 | €534k | €704k | €537k | ▼ 23.6% |
| Trade debts44 | €250k | €205k | €43k | ▼ 79.0% |
| Suppliers440/4 | €250k | €205k | €43k | ▼ 79.0% |
| Advances received on contracts in progress46 | €199k | - | - | - |
| Taxes, remuneration and social security45 | €85k | €499k | €493k | ▼ 1.2% |
| Taxes450/3 | €85k | €196k | €170k | ▼ 13.5% |
| Remuneration and social security454/9 | - | €303k | €323k | ▲ 6.7% |
| Other amounts payable47/48 | - | €30 | €2k | ▲ 5,258% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €269k | €333k | €218k | ▼ 34.4% |
| + Depreciation and write-downs630 | - | €890 | €3k | ▲ 243% |
| Operating cash flow (approximation) | €269k | €334k | €221k | ▼ 33.6% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €75k | €434k | ▲ 479% |
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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Weakest financial yearnet €218k ▼34.4%
Net result drops to €218k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2023net €333k ▲23.6%
Operating result €458k, net result €333k, both a record.
31-12
Financial
Equity above €500kEq €605k ▲122%
2 profitable years in a row build equity to €605k.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Nijlen · 1 establishment unit since 2022
Ground area
2,653 m²
Building footprint
799 m²
Parcel 12026A0342/00C000, Flanders. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Legacy Festival
since 20222.336.838.777
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026A0342/00C000 | Flanders | 2,653 m² | 1 · 799 m² | - |
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.
Similar companies · same sector, comparable size
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Of 3,527 companies in sector 90391 we hold annual accounts for 681. 305 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
Founded11-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
64210Activities of holding companies
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.