Financials
- Financial year
- 2026
- Total assets
- €3.6m
- Profit
- €436,126
- Solvency
- 60.1%
Turnover▲ 3.3%
Net result
20192021
ZEBULAH
ActiveSummary
ZEBULAH has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.1m and a net result of €436,126. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 74% of 322 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Retail sale of clothing and accessories for women, men, children and babies (general range)
NACE 47716
7 sites
Size
€3.6mtotal assets 2026
- Staff
- 32.9 FTE
- Equity
- €2.1m
- Profit
- €436,126
Structure
- Parent
- THE FASHION SOCIETY · 100%
- Board
- 5 members
Auditor: Ernst et Young Reviseurs d'Entreprises2026 accounts 75 days early4 of 9 deeds summarised
Why 92lowers riskFounded in 2009Figures for financial year 2026 (filed 17-06-2026)Profit of €436,126 (financial year 2026)Equity €2.1m (60.1% of total assets)Show the evidence
Checked score
Score 2026
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 73% of its sector peers (NACE 47, small)
Financial strength · tick = 2025
Strong
Solvency
85+7
equity 60.1% of total assets
Liquidity
39+8
short-term debt 39.9% · cash 6.0%
Profitability
84-1
return on assets 12.2%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.8%
12-2024: 7.7%▼ -0.1 percentage points vs 11-2024
01-2025: 7.9%▲ +0.2 percentage points vs 12-2024
02-2025: 8.1%▲ +0.2 percentage points vs 01-2025highest value
03-2025: 7.6%▼ -0.5 percentage points vs 02-2025
04-2025: 7.2%▼ -0.4 percentage points vs 03-2025
05-2025: 6.2%▼ -1.0 percentage point vs 04-2025
06-2025: 6.3%▲ +0.1 percentage points vs 05-2025
07-2025: 7.2%▲ +0.9 percentage points vs 06-2025
08-2025: 0.4%▼ -6.8 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.86, compared with 1.38 in 2025, above the usual 1.5; short-term debt: 39.9% and cash: 6% of total assets), and 39.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 81% on solvency, 42% on liquidity, 85% on profitability and 82% on growth.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 17-06-2026, 75 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
75 days early
2025
53 days early
2023
42 days late
2022
91 days late
2021
21 days early
2020
53 days early
2019
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-01-2027 year end31-08-2027 deadline
- Reappointments: Jo Willemyns, Kris Castelein and…Resignations: Stefan Goethaert (director) and…
- Annual accounts filedfinancial year 2026 · full…
- Highest result from 2019 to 2026net €436,126 ▲3.7%
Key points
By topic
Board & ownership
- Board
- 5 members
- Parent
- THE FASHION SOCIETY · 100%
- Auditor
- Ernst et Young Reviseurs…
- Jo WillemynsDirector
- Kris CasteleinDirector
- Stefan Goethaert BVDirector
- VANBELLINGEN PeterDirector
- Michael HamelryckDirector
Network & group
- Group
- KORYS
- Connected companies
- 74
Timeline
- Events
- 26
- Since
- 2011
- Next accounts
- by 31-08-2027
- 31-01-2026Equity above €2m
- 09-07-2025Annual accounts filed
- 31-01-2025Back to profit
Company details
- Sites
- 7
- Legal form
- Public limited company
- Activity
- Retail sale of clothing and accessories for women…NACE 47716
- Founded
- 08-09-2009
- Year ends
- 31-01
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 14
- Annual meeting
- Second Tuesday of June at 14:30
- Purpose
- “De productie,de aankoop en verkoop,de in- en uitvoer,van alle boven- en onderkleding voor…” (deed in Dutch)
Key facts about ZEBULAH
- What is the company number of ZEBULAH?
- 0818.345.349. In Belgium the VAT number is the company number with BE in front: BE 0818.345.349.
- Where is ZEBULAH based?
- The registered office is at Brusselsesteenweg 185, 1785 Merchtem.Company details
- What does ZEBULAH do?
- According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
- What is the legal form of ZEBULAH?
- Public limited company (NV).
- When was ZEBULAH founded?
- On 08-09-2009.
- Is ZEBULAH still active?
- Yes, ZEBULAH is an active enterprise in the KBO register.
- How many employees does ZEBULAH have?
- On average 32.9 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of ZEBULAH?
- €7.9m in financial year 2021, according to the filed annual accounts.
- Is ZEBULAH profitable?
- In financial year 2026, ZEBULAH made a profit of €436,126.
- Where can I find the annual accounts of ZEBULAH?
- ZEBULAH filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of ZEBULAH due?
- By 31-08-2027, for financial year 2027.Timeline
Companies related to ZEBULAH
Parent and group
- THE FASHION SOCIETY100%
- Darzana100%
- Colruyt Group100%
Shareholders
- WAMO0.01%
Comparable companies
- MONCLER BELGIUMCharleroi
- MERIDIENLievegem
- INTERNATIONAL TRADE DEVELOPMENTVorst
- MELIENLeopoldsburg
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