ZEBRANO
InactiveZEBRANO was declared bankrupt on 20-03-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 26-03-2024, published in the Belgian State Gazette on 05-04-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 14-06-2022, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
47 d early
2020
61 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 46 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
€59,003▼ 5.6%
2020 · €62,532
Total assets
€92,793▼ 6.9%
2020 · €99,649
Net result
-€3,529
2020 · €8,221
Working capital
€54,609▼ 19.9%
2020 · €68,171
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€16,780-€23,349▲ 39.1%€14,030▼ 39.9%€2,721▼ 80.6%
Net result€13,051-€19,572▲ 50.0%€8,221▼ 58.0%-€3,529
Equity€34,738-€54,310▲ 56.3%€62,532▲ 15.1%€59,003▼ 5.6%
Total assets€100,516-€80,060▼ 20.4%€99,649▲ 24.5%€92,793▼ 6.9%
Debt€65,778-€25,750▼ 60.9%€37,117▲ 44.1%€33,790▼ 9.0%
Working capital€35,918-€57,720▲ 60.7%€68,171▲ 18.1%€54,609▼ 19.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 81% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €92,793
Fixed assets
€14,974 ▲ 61.0%
Current assets
€77,819 ▼ 13.9%
Equity and liabilities €92,793
Equity
€59,003 ▼ 5.6%
Debt
€33,790 ▼ 9.0%
Debt's share of the balance-sheet total falls from 37.2% to 36.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5,308▼
2020 · €16,261
Cash flow
-€942▼
2020 · €10,452
Current ratio
3.35▼
2020 · 4.07
Quick ratio
3.09▼
2020 · 3.79
Debt to equity
0.57▲
2020 · 0.24
ROE
-6.0%▼
2020 · 13.1%
ROA
-3.8%▼
2020 · 8.2%
Interest coverage
2.93
Debt ≤ 1 year
€23,210▲
2020 · €22,177
Debt > 1 year
€10,580▼
2020 · €14,940
Income taxes
€4,441▲
2020 · €3,982
Staff costs
€39,692
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,786 | - |
| Remuneration, social security and pensions62 | - | - | - | €39,692 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,547 | €2,230 | €2,231 | €2,587 | ▲ 16.0% |
| Gross operating margin9900 | €135,818 | €121,853 | €54,831 | €45,000 | ▼ 17.9% |
| Operating profit (loss)9901 | €16,780 | €23,349 | €14,030 | €2,721 | ▼ 80.6% |
| Financial charges65/66B | - | - | - | €1,809 | - |
| Recurring financial charges65 | €3,204 | €2,965 | €1,827 | €1,809 | ▼ 1.0% |
| Profit (loss) for the period before taxes9903 | €13,576 | €20,384 | €12,203 | €912 | ▼ 92.5% |
| Income taxes67/77 | €525 | €812 | €3,982 | €4,441 | ▲ 11.5% |
| Profit (loss) for the period9904 | €13,051 | €19,572 | €8,221 | -€3,529 | ▼ 143% |
| Profit (loss) for the period to be appropriated9905 | €13,051 | €19,572 | €8,221 | -€3,529 | ▼ 143% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €100,516 | €80,060 | €99,649 | €92,793 | ▼ 6.9% |
| Fixed assets21/28 | €13,761 | €11,531 | €9,301 | €14,974 | ▲ 61.0% |
| Tangible fixed assets22/27 | €13,265 | €11,035 | €8,805 | €14,478 | ▲ 64.4% |
| Plant, machinery and equipment23 | - | - | - | €7,434 | - |
| Furniture and vehicles24 | - | - | - | €7,044 | - |
| Financial fixed assets28 | €496 | €496 | €496 | €496 | = |
| Current assets29/58 | €86,755 | €68,529 | €90,348 | €77,819 | ▼ 13.9% |
| Stocks and contracts in progress3 | €9,795 | €9,795 | €6,394 | €6,044 | ▼ 5.5% |
| Stocks30/36 | - | - | - | €6,044 | - |
| Amounts receivable within one year40/41 | €43,268 | €41,833 | €53,623 | €38,070 | ▼ 29.0% |
| Other amounts receivable41 | - | - | - | €38,070 | - |
| Cash at bank and in hand54/58 | €32,481 | €16,901 | €30,331 | €33,705 | ▲ 11.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €100,516 | €80,060 | €99,649 | €92,793 | ▼ 6.9% |
| Equity10/15 | €34,738 | €54,310 | €62,532 | €59,003 | ▼ 5.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | - |
| Issued capital100 | - | - | - | €62,000 | - |
| Profit (loss) carried forward14 | -€27,262 | -€7,690 | €532 | -€2,997 | ▼ 663% |
| Amounts payable17/49 | €65,778 | €25,750 | €37,117 | €33,790 | ▼ 9.0% |
| Amounts payable after more than one year17 | €14,941 | €14,941 | €14,940 | €10,580 | ▼ 29.2% |
| Financial debts170/4 | - | - | - | €10,580 | - |
| Amounts payable within one year42/48 | €50,837 | €10,809 | €22,177 | €23,210 | ▲ 4.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,565 | - |
| Financial debts43 | - | - | - | €4,000 | - |
| Credit institutions430/8 | - | - | - | €4,000 | - |
| Trade debts44 | €35,069 | €4,058 | €3,910 | €4,277 | ▲ 9.4% |
| Suppliers440/4 | - | - | - | €4,277 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,205 | - |
| Remuneration and social security454/9 | - | - | - | €1,205 | - |
| Other amounts payable47/48 | - | - | - | €1,163 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,051 | €19,572 | €8,221 | -€3,529 | ▼ 143% |
| + Depreciation and write-downs630 | €2,547 | €2,230 | €2,231 | €2,587 | ▲ 16.0% |
| Operating cash flow (approximation) | €15,598 | €21,802 | €10,452 | -€942 | ▼ 109% |
| Investment in fixed assets (approximation) | - | €0 | -€1 | -€8,260 | ▼ 825,900% |
| Change in cash | - | -€15,580 | €13,430 | €3,374 | ▼ 74.9% |
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
2024
05-04
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · event 26-03-2024
2023
27-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 20-03-2023
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€3,529
Net result drops to -€3,529, the lowest in the series.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €19,572 ▲50%
Operating result €23,349, net result €19,572, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 6.34
Current ratio from 1.71 to 6.34; short-term debt falls from €50,837 to €10,809.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Show earlier events
2015
24-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
10-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
02-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 306 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEAN-MICHEL DERICK AVENUE LOUISE 391 BTE 3,
1050 FR BRUXELLES 5 |
20-03-2023 → 26-03-2024 |