ZEPHYRUS
ActiveSummary
ZEPHYRUS has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €948,801 and a net result of €162,261. Equity has been growing by about 4.8% per year since 2018. Its solvency ranks better than 67% of 3,387 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-06-2000 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 2 others
- Establishment unit
- 2.100.933.688 2500 Lier, since 06-09-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 12-02-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €140,037
- ▲ 7.1%
- Turnover
- ≈ €320,000
- estimated
- Profit
- €162,261
- ▲ 137%
- Equity
- €948,801
- ▼ 12.9%
- Total assets
- €1.4m
- ▼ 8.9%
Score breakdownraises riskLiquidity: current ratio 2.40, cash €41,774lowers riskSize: total assets €1.4mSector: Computer programming, consultancy and related activities (NACE 62)Figures for financial year 2025 (filed on 15-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 58% of them on solvency, 20% on liquidity, 44% on profitability and 29% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 15-07-2026 at the NBB all 26 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 8% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €784 | €453 | - | €735 | €4,920 |
| Depreciation and write-downs of the year | €36,086 | €36,314 | €26,007 | €26,154 | €26,446 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as ZEPHYRUS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €1.2m and €1.6m, founded between 1997 and 2001.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| ZEPHYRUS Lier | 2000 | €1.4m | €0.9m | €0.1m | €0.2m | 2025 |
| DB MINDED Mechelen | 2001 | €1.4m | €0.9m | €0.1m | €0.07m | 2025 |
| RICE Stekene | 1997 | €1.4m | €1.2m | €0.1m | €0.1m | 2025 |
| DEXTERIS Braine-le-Comte | 1998 | €1.6m | €1.4m | €0.1m | €0.05m | 2025 |
| M. LAGAUW Leuven | 1998 | €1.4m | €0.8m | €0.1m | -€85 | 2024 |
| THINK BEYOND Laarne | 1999 | €1.2m | €0.7m | €0.1m | €0.05m | 2025 |
| POLESTAR CONSULTING Ninove | 2001 | €1.3m | €0.6m | €0.1m | -€0.006m | 2025 |
They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 20,136 companies had the same profile as ZEPHYRUS has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of ZEPHYRUS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for ZEPHYRUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,207 | €36,480 | €36,480 | €36,086 | €36,314 | €26,007 | €26,154 | €26,446 | ▲ 1.1% |
| Other operating charges640/8 | - | - | - | €2,645 | €2,683 | €2,936 | €3,016 | €3,458 | ▲ 14.6% |
| Gross operating margin9900 | €44,989 | €513,073 | €79,287 | €102,258 | €106,988 | €102,519 | €130,753 | €140,037 | ▲ 7.1% |
| Operating profit (loss)9901 | €5,833 | €474,105 | €40,225 | €63,527 | €67,991 | €73,576 | €101,582 | €110,133 | ▲ 8.4% |
| Financial income75/76B | - | - | - | €24,707 | €20,268 | €13,287 | €13,479 | €92,204 | ▲ 584% |
| Recurring financial income75 | €30,931 | €4,837 | €6,569 | €24,707 | €20,268 | €13,287 | €13,479 | €92,204 | ▲ 584% |
| Financial charges65/66B | - | - | - | €41,219 | €26,116 | -€986 | €14,952 | €1,585 | ▼ 89.4% |
| Recurring financial charges65 | €36,790 | €8,041 | €14,457 | €41,219 | €26,116 | -€986 | €14,952 | €1,585 | ▼ 89.4% |
| Profit (loss) for the period before taxes9903 | -€26 | €470,900 | €32,337 | €47,015 | €62,143 | €87,849 | €100,109 | €200,752 | ▲ 101% |
| Income taxes67/77 | €4,624 | €163,609 | €9,956 | €18,451 | €18,667 | €21,383 | €31,651 | €38,492 | ▲ 21.6% |
| Profit (loss) for the period9904 | -€4,650 | €307,292 | €22,382 | €28,564 | €43,476 | €66,465 | €68,459 | €162,261 | ▲ 137% |
| Profit (loss) for the period to be appropriated9905 | -€4,650 | €307,292 | €22,382 | €28,564 | €43,476 | €66,465 | €68,459 | €162,261 | ▲ 137% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.4m | €1.5m | €1.5m | €1.5m | €1.6m | €1.6m | €1.4m | ▼ 8.9% |
| Fixed assets21/28 | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 3.3% |
| Tangible fixed assets22/27 | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 3.3% |
| Land and buildings22 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 3.0% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €0.005m | - |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.001m | €0.001m | €0.001m | €423 | ▼ 50.5% |
| Other tangible fixed assets26 | - | - | - | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | ▼ 4.2% |
| Financial fixed assets28 | €55 | €149 | €149 | €149 | €149 | €149 | €149 | €149 | = |
| Current assets29/58 | €0.3m | €0.6m | €0.7m | €0.7m | €0.8m | €0.9m | €0.9m | €0.8m | ▼ 12.7% |
| Amounts receivable after more than one year29 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 1.0% |
| Other amounts receivable291 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 1.0% |
| Amounts receivable within one year40/41 | €0.01m | €0.03m | €0.03m | €0.05m | €0.05m | €0.02m | €0.03m | €0.05m | ▲ 70.8% |
| Trade receivables40 | - | - | - | €0.05m | €0.05m | €0.02m | €0.03m | €0.05m | ▲ 70.8% |
| Current investments50/53 | €0.1m | €0.2m | €0.2m | €0.4m | €0.4m | €0.5m | €0.6m | €0.4m | ▼ 23.3% |
| Cash at bank and in hand54/58 | €0.02m | €0.2m | €0.2m | €0.08m | €0.05m | €0.05m | €0.05m | €0.04m | ▼ 21.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 17.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.4m | €1.5m | €1.5m | €1.5m | €1.6m | €1.6m | €1.4m | ▼ 8.9% |
| Equity10/15 | €0.6m | €0.9m | €0.9m | €0.9m | €1.0m | €1.0m | €1.1m | €0.9m | ▼ 12.9% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | -€0.005m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | €0.4m | ▼ 26.4% |
| Amounts payable17/49 | €0.6m | €0.6m | €0.6m | €0.5m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 0.3% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 22.1% |
| Financial debts170/4 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 22.1% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 10.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 2.9% |
| Trade debts44 | €0.007m | €0.002m | €0.02m | €0.02m | €0.02m | €0.01m | €0.001m | €0.006m | ▲ 513% |
| Suppliers440/4 | - | - | - | €0.02m | €0.02m | €0.01m | €0.001m | €0.006m | ▲ 513% |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.01m | €0.01m | €0.03m | €0.04m | ▲ 42.2% |
| Taxes450/3 | - | - | - | €0.006m | €0.01m | €0.01m | €0.03m | €0.04m | ▲ 42.2% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 6.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.02m | €0.02m | €0.03m | €0.03m | ▲ 1.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,650 | €307,292 | €22,382 | €28,564 | €43,476 | €66,465 | €68,459 | €162,261 | ▲ 137% |
| + Depreciation and write-downs630 | €36,207 | €36,480 | €36,480 | €36,086 | €36,314 | €26,007 | €26,154 | €26,446 | ▲ 1.1% |
| Operating cash flow (approximation) | €31,556 | €343,772 | €58,861 | €64,650 | €79,790 | €92,472 | €94,613 | €188,706 | ▲ 99.5% |
| Investment in fixed assets (approximation) | - | -€1,187 | €0 | -€784 | -€453 | €0 | -€735 | -€4,920 | ▼ 569% |
| Change in cash | - | €173,613 | €25,468 | -€141,556 | -€23,967 | €1,676 | -€1,097 | -€11,674 | ▼ 965% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 15-07-2026 | 2026-00295648 | NBB |
| 31-12-2024 | abbreviated format | 28-08-2025 | 2025-00422803 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00415972 | |
| 31-12-2022 | abbreviated format | 22-09-2023 | 2023-00451445 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20389592 | |
| 31-12-2020 | abbreviated format | 14-07-2021 | 2021-35500542 | |
| 31-12-2019 | abbreviated format | 03-09-2020 | 2020-50500094 | |
| 31-12-2018 | micro format | 09-08-2019 | 2019-45000104 | |
| 31-12-2017 | micro format | 29-08-2018 | 2018-51600080 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-49000462 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 26-10-2023 Converted to unavailable equity
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging, een of meer vereffenaars door algemene vergadering”
Articles of association, deed of 26-10-2023 (in Dutch)
Network & group
ZEPHYRUS shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of ZEPHYRUS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-10
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsAppointment: VERREPT Patrick Maria Theophiel (statutory director) · Incorporation · Capital conversion12 points ▸
- General meeting, “vat agenda aan en neemt besluiten na beraadslaging, buitengewone algemene vergadering van de enige aandeelhouder” (deed in Dutch)
- Incorporation, 13-06-2000
- Amendment of the articles, mentioned 3 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “gedeeltelijke opheffing”, 1860.0 (deed in Dutch)
- Other provision, “uitkeren van interimdividenden, uitkering interimdividenden” (deed in Dutch)
- Other provision, “bevestiging bestuursmandaat en terminologie, Vierde besluit” (deed in Dutch)
- Capital
- Director appointment, VERREPT Patrick Maria Theophiel (statutory director)
- Registered office clause, “2500 Lier, P.J. Denisstraat 14 B 12” (deed in Dutch)
- Power of attorney
- Other provision, “stemming, alle voorgaande besluiten met unanimiteit” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
4 activities
- De consultancy en dienstverlening in algemene informatica en computertoepassingen
- De groot en kleinhandel in hard- en software, evenals het verhuren van deze producten
- Tussenpersoon in de handel en het nemen van handelsagenturen
- Het organiseren en uitvoeren van opleidingen en seminaries inzake informaticatoepassingen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Legal Entity Identifier
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12021H0126/00H002 | Flanders | 726 m² | 1 · 173 m² | 5.2 m · 1 |