ZENNEBAR
ActiveThe computed 12-month bankruptcy probability of ZENNEBAR is 6.3% (elevated). The 2025 annual accounts show equity of €160k and a net result of €81k. Equity is growing by ~96.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 13270 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99=
Solvency72▲+19
Growth78=
Track record94
Bankruptcy probability, 12 months
6.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity ample (current ratio 1.87 against 1.14 in 2024; short-term debt: 32.6% and cash: 14.5% of total assets), but 52.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.4%
Return on assets
24.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 3 filingsDeviation from the deadline
2025
28 d late
2024
61 d late
2023
70 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€160k▲ 103%
2024 · €79k
2023: €9k
2024: €79k
2023 → 2025
Total assets
€338k▲ 18.2%
2024 · €286k
2023: €163k
2024: €286k
2023 → 2025
Net result
€81k▲ 16.3%
2024 · €70k
2023: €4k
2024: €70k
2023 → 2025
Working capital
€96k▲ 438%
2024 · €18k
2023: €28k
2024: €18k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€9k-€79k▲ 806%€160k▲ 103%
Operating result€12k-€108k▲ 827%€125k▲ 15.8%
Net result€4k-€70k▲ 1,797%€81k▲ 16.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €338k
Fixed assets
€132k▼ 8.0%
Current assets
€206k▲ 44.5%
Equity and liabilities €338k
Equity
€160k▲ 103%
Debt
€178k▼ 14.3%
The debt ratio falls from 72.5% to 52.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€139k▲
2024 · €121k
Cash flow
€96k▲
2024 · €83k
Solvency
47.4%▲
2024 · 27.5%
Current ratio
1.87▲
2024 · 1.14
Quick ratio
1.87▲
2024 · 1.14
Debt / equity
1.11▼
2024 · 2.63
ROE
50.9%▼
2024 · 89.0%
ROA
24.1%▼
2024 · 24.5%
Interest coverage
12.30▲
2024 · 8.51
Debt
€178k▼
2024 · €207k
Debt ≤ 1 year
€110k▼
2024 · €125k
Debt > 1 year
€68k▼
2024 · €83k
Income taxes
€32k▲
2024 · €23k
Staff costs
€167k▲
2024 · €124k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€286k€338k▲
Fixed assets21/28€143k€132k▼
Tangible fixed assets22/27€143k€132k▼
Plant, machinery and equipment23€137k€125k▼
Furniture and vehicles24€6k€7k▲
Current assets29/58€142k€206k▲
Stocks and contracts in progress3€371€465▲
Stocks30/36€371€465▲
Amounts receivable within one year40/41€45k€70k▲
Trade receivables40€35k€50k▲
Other amounts receivable41€10k€20k▲
Current investments50/53€88k€86k▼
Cash at bank and in hand54/58€9k€49k▲
Equity and liabilities
Total equity and liabilities10/49€286k€338k▲
Equity10/15€79k€160k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€74k€155k▲
Amounts payable17/49€207k€178k▼
Amounts payable after more than one year17€83k€68k▼
Financial debts170/4€83k€68k▼
Amounts payable within one year42/48€125k€110k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€67k€23k▼
Suppliers440/4€67k€23k▼
Taxes, remuneration and social security45€40k€69k▲
Taxes450/3€36k€65k▲
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€3k€3k=
Income statement
Code20242025
Remuneration, social security and pensions62€124k€167k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€940€276▼
Gross operating margin9900€246k€306k▲
Operating profit (loss)9901€108k€125k▲
Financial income75/76B€31€321▲
Recurring financial income75€31€321▲
Financial charges65/66B€14k€11k▼
Recurring financial charges65€14k€11k▼
Profit (loss) for the period before taxes9903€94k€114k▲
Income taxes67/77€23k€32k▲
Profit (loss) for the period9904€70k€81k▲
Profit (loss) for the period to be appropriated9905€70k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€155k▲
Profit (loss) brought forward from the previous period14P€4k€74k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2023net €81k ▲16.3%
Operating result €125k, net result €81k, both a record.
31-12
Financial
Equity above €150kEq €160k ▲103%
3 profitable years in a row build equity to €160k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 2023
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.
Anna Bochdreef 19-211000 BrusselGround area
6,425 m²
Building footprint
3,760 m²
Volume, LiDAR
26,828 m³
Parcel 21814P0388/00V006, Brussels · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ZENNEBAR
since 20232.342.916.719
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0388/00V006 | Brussels | 6,425 m² | 1 · 3,760 m² | 10.2 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 siteBrussel2.342.916.719
Similar companies · same sector, comparable size
ROEPERSHOEK
BE 0704.992.832
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Liberaal Huis
BE 0400.157.167
Lokeren · Eq €160k
FRABANJA
BE 0824.108.337
Knokke-Heist · Eq €161k
COBRA 1
BE 0508.601.484
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ERWAN & KENZO
BE 0541.972.652
Brussel · Eq €160k
Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,313 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-2023
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56309Food and beverage service activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:bernard@brasseriedelasenne.be