ZebrArena
Annual accounts 2025
full format, filed on 12-06-2026, 49 days before the deadlineBalance sheet
balance sheet total €1.5m on 31-12-2025in euro
in euro
Position in the sector
43.1%
Higher than 35% of 3,042 companies in 2025.
-1.6%
Higher than 15% of 3,034 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
1.5m | 1.5m | 1.2m | 1.2m | 931,625 | |
20 |
23 | 694 | 1,476 | 2,034 | 2,705 | |
21/28 |
1.4m | 1.4m | 1.2m | 1.1m | 889,559 | |
22/27 |
1.4m | 1.4m | 1.2m | 1.1m | 889,559 | |
27 |
1.4m | 1.4m | 1.2m | 1.1m | 889,559 | |
29/58 |
78,884 | 76,570 | 67,802 | 59,507 | 39,361 | |
40/41 |
78,499 | 76,063 | 62,658 | 58,964 | 37,804 | |
41 |
78,499 | 76,063 | 62,658 | 58,964 | 37,804 | |
54/58 |
385 | 507 | 5,144 | 542 | 1,557 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
1.5m | 1.5m | 1.2m | 1.2m | 931,625 | |
10/15 |
639,706 | 663,126 | 687,908 | 707,369 | 723,026 | |
10/11 |
731,707 | 731,707 | 731,707 | 731,707 | 731,707 | |
10 |
731,707 | 731,707 | 731,707 | 731,707 | 731,707 | |
100 |
731,707 | 731,707 | 731,707 | 731,707 | 731,707 | |
14 |
-92,001 | -68,582 | -43,799 | -24,338 | -8,681 | |
17/49 |
845,405 | 815,535 | 532,565 | 493,207 | 208,599 | |
42/48 |
845,405 | 815,535 | 532,565 | 493,207 | 208,599 | |
44 |
350,367 | 353,282 | 90,123 | 44,112 | 32,261 | |
440/4 |
350,367 | 353,282 | 90,123 | 44,112 | 32,261 | |
45 |
- | 0 | 87 | - | - | |
450/3 |
- | 0 | 87 | - | - | |
47/48 |
495,037 | 462,253 | 442,356 | 449,095 | 176,338 | |
| Income statement | ||||||
9900 |
-6,880 | -9,083 | -7,053 | -6,332 | -6,250 | |
630 |
670 | 782 | 559 | 670 | 647 | |
640/8 |
998 | 968 | 960 | 348 | 348 | |
9901 |
-8,548 | -10,833 | -8,572 | -7,350 | -7,244 | |
65/66B |
14,871 | 13,950 | 10,889 | 8,307 | 1,437 | |
65 |
14,871 | 13,950 | 10,889 | 8,307 | 1,437 | |
9903 |
-23,420 | -24,782 | -19,461 | -15,657 | -8,681 | |
9904 |
-23,420 | -24,782 | -19,461 | -15,657 | -8,681 | |
9905 |
-23,420 | -24,782 | -19,461 | -15,657 | -8,681 | |
| Appropriation of the result | ||||||
9906 |
-92,001 | -68,582 | -43,799 | -24,338 | -8,681 | |
14P |
-68,582 | -43,799 | -24,338 | -8,681 | - | |
| Document | ||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 12-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 12-06-2026 | 2026-00166184 | |
| 31-12-2024 | full format | 26-05-2025 | 2025-00109315 | |
| 31-12-2023 | full format | 06-05-2024 | 2024-00083862 | |
| 31-12-2022 | full format | 05-05-2023 | 2023-00083956 | |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20152896 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 4,808 | 250,200 | 12,161 | 249,476 | 889,559 | ||
| -122 | -4,637 | 4,601 | -1,015 | - | ||
| 43.1% | 44.8% | 56.4% | 58.9% | 77.6% | ||
| -3.7% | -3.7% | -2.8% | -2.2% | -1.2% | ||
| -1.6% | -1.7% | -1.6% | -1.3% | -0.9% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,808 | €250,200 | €12,161 | €249,476 | €889,559 |
| €670 | €782 | €559 | €670 | €647 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ZebrArena
The operating result for 2025 is a loss of €8,548, smaller than the loss of €10,833 in 2024.
Debt's share of the balance-sheet total rises from 55.2% to 56.9%. Equity is lower and debt is higher.