ZEFIROS
ActiveThe computed 12-month bankruptcy probability of ZEFIROS is 4.4% (elevated). The 2023 annual accounts show negative equity (€-10k) and a net result of €-8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 18018 sector peers (fiscal year 2023). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2023
0
/ 100
Critical▼ -24 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability33▼-2
Solvency33=
Growth43▼-16
Stability100
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.07 in 2022), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-44%
Return on assets
-32%
Age of the figures
32 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2023: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2023Equity per financial year
181920212223
2018 to 2023 · latest year -€10k
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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
31-12-2024 close31-07-2025 deadline15-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-10-2024, 67 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
67 d late
2022
164 d late
2021
148 d late
2020
135 d late
2019
120 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€133k▲ 11.1%
2022 · €120k
2018: €85k
2019: €80k
2020: €63k
2021: €71k
2022: €120k
2018 → 2023
EBIT margin
-5.4%▼ 11.0pp
2022 · 5.6%
2018: 4.7%
2019: -26.5%
2020: -32.3%
2021: -8.8%
2022: 5.6%
2018 → 2023
Net result
€-8k
2022 · €6k
2018: €4k
2019: €-21k
2020: €-21k
2021: €-6k
2022: €6k
2018 → 2023
Working capital
€-29k▼ 19.6%
2022 · €-24k
2018: €34k
2019: €15k
2020: €-4k
2021: €-10k
2022: €-24k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€80k-€63k▼ 20.4%€71k▲ 12.0%€120k▲ 69.4%€133k▲ 11.1%
Equity€18k-€-3k€-9k▼ 229%€-3k▲ 69.5%€-10k▼ 265%
Operating result€-21k-€-20k▲ 3.0%€-6k▲ 69.5%€7k€-7k
Net result€-21k-€-21k▲ 2.7%€-6k▲ 68.8%€6k€-8k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €7k after €7k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €23k
Fixed assets
€19k▼ 12.6%
Current assets
€5k▲ 156%
Key figures and ratios
EBITDA
€-577▼
2022 · €13k
Cash flow
€-854▼
2022 · €12k
Solvency
-44.0%▼
2022 · -12.1%
Current ratio
0.14▲
2022 · 0.07
Quick ratio
0.14▲
2022 · 0.07
Debt / equity
-3.27▲
2022 · -9.25
ROE
72.6%▲
2022 · -227.7%
ROA
-32.0%▼
2022 · 27.6%
Interest coverage
-2.08▼
2022 · 42.85
Debt
€34k▲
2022 · €26k
Debt ≤ 1 year
€34k▲
2022 · €26k
Staff costs
€24k▲
2022 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€23k€23k▲
Fixed assets21/28€22k€19k▼
Tangible fixed assets22/27€22k€19k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€20k€15k▼
Current assets29/58€2k€5k▲
Amounts receivable within one year40/41€119€3k▲
Other amounts receivable41€119€3k▲
Cash at bank and in hand54/58€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€23k€23k▲
Equity10/15€-3k€-10k▼
Contributions10/11€40k€40k=
Capital10€40k€40k=
Issued capital100€40k€40k=
Reserves13€953€953=
Non-distributable reserves130/1€953€953=
Legal reserve130€953€953=
Profit (loss) carried forward14€-44k€-51k▼
Amounts payable17/49€26k€34k▲
Amounts payable within one year42/48€26k€34k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€22-
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€19k€30k▲
Income statement
Code20222023
Turnover70€120k€133k▲
Goods, raw materials, services and sundry goods60/61€89k€110k▲
Remuneration, social security and pensions62€18k€24k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Gross operating margin9900€31k€24k▼
Operating profit (loss)9901€7k€-7k▼
Financial charges65/66B€295€277▼
Recurring financial charges65€295€277▼
Profit (loss) for the period before taxes9903€6k€-8k▼
Profit (loss) for the period9904€6k€-8k▼
Profit (loss) for the period to be appropriated9905€6k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-51k▼
Profit (loss) brought forward from the previous period14P€-50k€-44k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
11-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 164 days late
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
26-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 148 days late
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 135 days late
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 120 days late
2019
31-12
Financial
Weakest financial yearnet €-21k ▼664%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 145 days late
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 69 days late
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 150 days late
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 92 days late
2014
24-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Registered office, Thuin · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Thuin(GOZ) 16534 ThuinGround area
128 m²
Building footprint
123 m²
Volume, LiDAR
1,054 m³
Parcel 56030C0131/00E003, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ZEFIROS
since 20112.204.545.922
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56030C0131/00E003 | Wallonia | 128 m² | 1 · 123 m² | 9.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteThuin2.204.545.922
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 8,447 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-08-2011
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.