Zephyros
ActiveZephyros has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €10k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-5
Solvency56▼-14
Growth46=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.66 in 2024; short-term debt: 68.9% and cash: 17.3% of total assets), and 69% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
31%
Return on assets
3.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
58 d early
2022
3 d early
2021
24 d early
2020
11 d late
2019
37 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€174k▲ 0.1%
2018 · €174k
2018: €174k
2018 → 2019
EBIT margin
8.8%▼ 17.4pp
2018 · 26.2%
2018: 26.2%
2018 → 2019
Net result
€10k▼ 19.0%
2024 · €13k
2018: €35k
2019: €11k
2020: €12k
2021: €21k
2022: €9k
2023: €56k
2024: €13k
2018 → 2025
Working capital
€-21k▲ 30.2%
2024 · €-30k
2018: €12k
2019: €-5k
2020: €-5k
2021: €-6k
2022: €-29k
2023: €18k
2024: €-30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€64k▼ 18.8%€121k▲ 87.3%€74k▼ 38.4%€85k▲ 13.7%
Operating result€30k-€13k▼ 56.2%€69k▲ 421%€20k▼ 70.9%€16k▼ 20.8%
Net result€21k-€9k▼ 58.7%€56k▲ 553%€13k▼ 77.7%€10k▼ 19.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €272k
Fixed assets
€106k▲ 1.3%
Current assets
€167k▲ 183%
Equity and liabilities €272k
Equity
€85k▲ 13.7%
Debt
€188k▲ 111%
The debt ratio rises from 54.5% to 69.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▼
2024 · €23k
Cash flow
€12k▼
2024 · €16k
Solvency
31.0%▼
2024 · 45.5%
Current ratio
0.89▲
2024 · 0.66
Quick ratio
0.67▲
2024 · 0.66
Debt / equity
2.22▲
2024 · 1.20
ROE
12.0%▼
2024 · 16.9%
ROA
3.7%▼
2024 · 7.7%
Interest coverage
58.20▲
2024 · 41.16
Debt
€188k▲
2024 · €89k
Debt ≤ 1 year
€188k▲
2024 · €89k
Income taxes
€5k▼
2024 · €8k
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€163k€272k▲
Fixed assets21/28€105k€106k▲
Tangible fixed assets22/27€5k€6k▲
Land and buildings22€730€116▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€4k€4k▼
Financial fixed assets28€100k€100k▲
Current assets29/58€59k€167k▲
Stocks and contracts in progress3-€42k
Stocks30/36-€42k
Amounts receivable within one year40/41€26k€77k▲
Trade receivables40€18k€70k▲
Other amounts receivable41€7k€7k▼
Cash at bank and in hand54/58€28k€47k▲
Deferred charges and accrued income490/1€5k€297▼
Equity and liabilities
Total equity and liabilities10/49€163k€272k▲
Equity10/15€74k€85k▲
Reserves13€14k€14k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€61k€71k▲
Amounts payable17/49€89k€188k▲
Amounts payable within one year42/48€89k€188k▲
Current portion of amounts payable after more than one year42€4k€4k=
Financial debts43€717-
Credit institutions430/8€717-
Trade debts44€8k€113k▲
Suppliers440/4€8k€113k▲
Taxes, remuneration and social security45€29k€19k▼
Taxes450/3€29k€19k▼
Other amounts payable47/48€47k€52k▲
Accrued charges and deferred income492/3-€300
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€24k€19k▼
Operating profit (loss)9901€20k€16k▼
Financial income75/76B€622€5▼
Recurring financial income75€622€5▼
Financial charges65/66B€563€304▼
Recurring financial charges65€563€304▼
Profit (loss) for the period before taxes9903€20k€16k▼
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€13k€10k▼
Profit (loss) for the period to be appropriated9905€13k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€119k€71k▼
Profit (loss) brought forward from the previous period14P€107k€61k▼
Profit to be distributed694/7€59k-
Return on contributions (dividend)694€59k-
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €56k ▲553%
Operating result €69k, net result €56k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.51
Current ratio from 0.62 to 1.51; short-term debt falls from €76k to €35k.
31-12
Financial
Equity above €100kEq €121k ▲87.3%
6 profitable years in a row build equity to €121k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €9k ▼58.7%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
06-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 37 days late
2019
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Brasschaat · 1 establishment unit since 2017
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.
Dullingen 282930 BrasschaatGround area
443 m²
Building footprint
127 m²
Volume, LiDAR
739 m³
Parcel 11008H0015/00P006, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zephyros
since 20172.294.866.679
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008H0015/00P006 | Flanders | 443 m² | 1 · 126 m² | 9.3 m · 2 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.
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Of 5,694 companies in sector 70100 we hold annual accounts for 3,489. 2,228 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2017
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesE-mail:marclangbeen@telenet.be
Phone:0468273058
E-mail:tom.rapol@zephyros-intl.com
Phone:0468149385