Summary
ZebrArena is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €663k and a net result of €-25k. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 39% of 2777 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-05-2025, 66 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
66 d early
2023
86 d early
2022
87 d early
2021
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Equity
€663k▼ 3.6%
2023 · €688k
2021: €723khighest in 4 years
2022: €707k▼ -2.2% vs 2021
2023: €688k▼ -2.8% vs 2022
2024: €663k▼ -3.6% vs 2023lowest in 4 years
2021 → 2024
Net result
€-25k▼ 27.3%
2023 · €-19k
2021: €-9khighest in 4 years
2022: €-16k▼ -80.3% vs 2021
2023: €-19k▼ -24.3% vs 2022
2024: €-25k▼ -27.3% vs 2023lowest in 4 years
2021 → 2024
Total assets
€1.48M▲ 21.2%
2023 · €1.22M
2021: €932klowest in 4 years
2022: €1.20M▲ +28.9% vs 2021
2023: €1.22M▲ +1.7% vs 2022
2024: €1.48M▲ +21.2% vs 2023highest in 4 years
2021 → 2024
Solvency
44.8%▼ 11.5pp
2023 · 56.4%
2021: 77.6%highest in 4 years
2022: 58.9%▼ -24.1% vs 2021
2023: 56.4%▼ -4.3% vs 2022
2024: 44.8%▼ -20.4% vs 2023lowest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€723k-€707k▼ 2.2%€688k▼ 2.8%€663k▼ 3.6%
2021: €723khighest in 4 years
2022: €707k▼ -2.2% vs 2021
2023: €688k▼ -2.8% vs 2022
2024: €663k▼ -3.6% vs 2023lowest in 4 years
Operating result€-7k-€-7k▼ 1.5%€-9k▼ 16.6%€-11k▼ 26.4%
2021: €-7khighest in 4 years
2022: €-7k▼ -1.5% vs 2021
2023: €-9k▼ -16.6% vs 2022
2024: €-11k▼ -26.4% vs 2023lowest in 4 years
Net result€-9k-€-16k▼ 80.3%€-19k▼ 24.3%€-25k▼ 27.3%
2021: €-9khighest in 4 years
2022: €-16k▼ -80.3% vs 2021
2023: €-19k▼ -24.3% vs 2022
2024: €-25k▼ -27.3% vs 2023lowest in 4 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2024 against €9k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.48M
Fixed assets
€1.40M ▲ 21.7%
Current assets
€77k ▲ 12.9%
Equity and liabilities €1.48M
Equity
€663k ▼ 3.6%
Debt
€816k ▲ 53.1%
Debt's share of the balance-sheet total rises from 43.6% to 55.2%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-3.7%▼
2023 · -2.8%
ROA
-1.7%▼
2023 · -1.6%
Debt ≤ 1 year
€816k▲
2023 · €533k
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 · 2024 against 2023 · 33 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.22M€1.48M▲
Formation expenses20€1k€694▼
Fixed assets21/28€1.15M€1.40M▲
Tangible fixed assets22/27€1.15M€1.40M▲
Assets under construction and advance payments27€1.15M€1.40M▲
Current assets29/58€68k€77k▲
Amounts receivable within one year40/41€63k€76k▲
Other amounts receivable41€63k€76k▲
Cash at bank and in hand54/58€5k€507▼
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.48M▲
Equity10/15€688k€663k▼
Contributions10/11€732k€732k=
Capital10€732k€732k=
Issued capital100€732k€732k=
Profit (loss) carried forward14€-44k€-69k▼
Amounts payable17/49€533k€816k▲
Amounts payable within one year42/48€533k€816k▲
Trade debts44€90k€353k▲
Suppliers440/4€90k€353k▲
Taxes, remuneration and social security45€87€0▼
Taxes450/3€87€0▼
Other amounts payable47/48€442k€462k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€559€782▲
Other operating charges640/8€960€968▲
Gross operating margin9900€-7k€-9k▼
Operating profit (loss)9901€-9k€-11k▼
Financial charges65/66B€11k€14k▲
Recurring financial charges65€11k€14k▲
Profit (loss) for the period before taxes9903€-19k€-25k▼
Profit (loss) for the period9904€-19k€-25k▼
Profit (loss) for the period to be appropriated9905€-19k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-69k▼
Profit (loss) brought forward from the previous period14P€-24k€-44k▼
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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €647 | €670 | €559 | €782 | ▲ 40.0% |
| Other operating charges640/8 | €348 | €348 | €960 | €968 | ▲ 0.8% |
| Gross operating margin9900 | €-6k | €-6k | €-7k | €-9k | ▼ 28.8% |
| Operating profit (loss)9901 | €-7k | €-7k | €-9k | €-11k | ▼ 26.4% |
| Financial charges65/66B | €1k | €8k | €11k | €14k | ▲ 28.1% |
| Recurring financial charges65 | €1k | €8k | €11k | €14k | ▲ 28.1% |
| Profit (loss) for the period before taxes9903 | €-9k | €-16k | €-19k | €-25k | ▼ 27.3% |
| Profit (loss) for the period9904 | €-9k | €-16k | €-19k | €-25k | ▼ 27.3% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-16k | €-19k | €-25k | ▼ 27.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €932k | €1.20M | €1.22M | €1.48M | ▲ 21.2% |
| Formation expenses20 | €3k | €2k | €1k | €694 | ▼ 53.0% |
| Fixed assets21/28 | €890k | €1.14M | €1.15M | €1.40M | ▲ 21.7% |
| Tangible fixed assets22/27 | €890k | €1.14M | €1.15M | €1.40M | ▲ 21.7% |
| Assets under construction and advance payments27 | €890k | €1.14M | €1.15M | €1.40M | ▲ 21.7% |
| Current assets29/58 | €39k | €60k | €68k | €77k | ▲ 12.9% |
| Amounts receivable within one year40/41 | €38k | €59k | €63k | €76k | ▲ 21.4% |
| Other amounts receivable41 | €38k | €59k | €63k | €76k | ▲ 21.4% |
| Cash at bank and in hand54/58 | €2k | €542 | €5k | €507 | ▼ 90.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €932k | €1.20M | €1.22M | €1.48M | ▲ 21.2% |
| Equity10/15 | €723k | €707k | €688k | €663k | ▼ 3.6% |
| Contributions10/11 | €732k | €732k | €732k | €732k | = |
| Capital10 | €732k | €732k | €732k | €732k | = |
| Issued capital100 | €732k | €732k | €732k | €732k | = |
| Profit (loss) carried forward14 | €-9k | €-24k | €-44k | €-69k | ▼ 56.6% |
| Amounts payable17/49 | €209k | €493k | €533k | €816k | ▲ 53.1% |
| Amounts payable within one year42/48 | €209k | €493k | €533k | €816k | ▲ 53.1% |
| Trade debts44 | €32k | €44k | €90k | €353k | ▲ 292% |
| Suppliers440/4 | €32k | €44k | €90k | €353k | ▲ 292% |
| Taxes, remuneration and social security45 | - | - | €87 | €0 | ▼ 100% |
| Taxes450/3 | - | - | €87 | €0 | ▼ 100% |
| Other amounts payable47/48 | €176k | €449k | €442k | €462k | ▲ 4.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-16k | €-19k | €-25k | ▼ 27.3% |
| + Depreciation and write-downs630 | €647 | €670 | €559 | €782 | ▲ 40.0% |
| Operating cash flow (approximation) | €-8k | €-15k | €-19k | €-24k | ▼ 27.0% |
| Investment in fixed assets (approximation) | - | €-250k | €-13k | €-251k | ▼ 1,873% |
| Change in cash | - | €-1k | €5k | €-5k | ▼ 201% |
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
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series.
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Charleroi · 1 establishment unit since 2021
Ground area
1,283 m²
Building footprint
478 m²
Volume, LiDAR
7,832 m³
Parcel 52011B0239/00Z174, Wallonia · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ZebrArena
since 20212.312.350.831
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011B0239/00Z174 | Wallonia | 1,283 m² | 1 · 478 m² | 20.8 m · 6 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 24,727 companies in sector 64210 we hold annual accounts for 19,768. 13,382 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.