ZERAN
InactiveFinancials · financial year 2026, micro format
Equity
€62,782▲ 12×
2024 · €5,252
Total assets
€981▼ 98.7%
2025 · €75,896
Net result
-€7,089
2025 · €57,531
Working capital
€0▼ 100%
2025 · €62,389
Trend over the years
2022 to 2026, 5 financial years 2018 to 2026, 9 financial years
The operating result turns negative in 2026: a loss of €7,175 after €82,816 in 2025, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€7,175
2026
Net result-€7,089
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€981
2026
Equity€62,782
2025
Debt€981
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0
2026
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252026
Operating result-€6,057-€9,684-€12,646€4,434€719▼ 83.8%-€3,197€1,794€82,816▲ 46×-€7,175
Net result-€5,672-€7,358-€13,163€5,121-€1,599-€3,862▼ 142%€734€57,531▲ 78×-€7,089
Equity€10,662-€18,020▲ 69.0%€4,858▼ 73.0%€9,978▲ 105%€8,380▼ 16.0%€4,517▼ 46.1%€5,252▲ 16.3%€62,782▲ 12×
Total assets€20,792-€64,261▲ 209%€39,080▼ 39.2%€28,006▼ 28.3%€15,896▼ 43.2%€9,167▼ 42.3%€9,581▲ 4.5%€75,896▲ 692%€981▼ 98.7%
Debt€10,130-€46,241▲ 356%€34,223▼ 26.0%€18,028▼ 47.3%€7,516▼ 58.3%€4,650▼ 38.1%€4,329▼ 6.9%€13,113▲ 203%€981▼ 92.5%
Working capital€10,256-€8,366▼ 18.4%-€8,214€2,942€397▼ 86.5%€5,816▲ 15×€4,468▼ 23.2%€62,389▲ 14×€0▼ 100%
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
EBITDA
-€6,920▼
2025 · €83,374
Cash flow
-€6,834▼
2025 · €58,089
Debt ≤ 1 year
€981▼
2025 · €13,113
Income taxes
€0▼
2025 · €25,580
Ratios withheld: a balance sheet total of €981 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €10,000 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,192 | €8,734 | €9,148 | €9,205 | €9,164 | €9,455 | €1,330 | €558 | €255 | ▼ 54.2% |
| Other operating charges640/8 | - | - | - | €2,302 | €1,613 | €1,453 | €1,577 | €1,397 | €106 | ▼ 92.4% |
| Non-recurring operating charges66A | - | - | - | - | €2,491 | - | - | €81 | - | - |
| Gross operating margin9900 | €2,289 | €19,788 | -€1,529 | €15,941 | €13,988 | €7,711 | €4,701 | €84,852 | -€6,814 | - |
| Operating profit (loss)9901 | -€6,057 | €9,684 | -€12,646 | €4,434 | €719 | -€3,197 | €1,794 | €82,816 | -€7,175 | - |
| Financial income75/76B | - | - | - | €1,017 | €56 | €113 | €222 | €355 | €86 | ▼ 75.7% |
| Recurring financial income75 | €720 | €421 | €16 | €1,017 | €56 | €113 | €222 | €355 | €86 | ▼ 75.7% |
| Financial charges65/66B | - | - | - | €48 | €99 | €88 | €54 | €60 | - | - |
| Recurring financial charges65 | €142 | €118 | €206 | €48 | €99 | €88 | €54 | €60 | - | - |
| Profit (loss) for the period before taxes9903 | -€5,479 | €9,986 | -€12,836 | €5,403 | €677 | -€3,171 | €1,962 | €83,111 | -€7,089 | - |
| Income taxes67/77 | €192 | €2,628 | €327 | €282 | €2,276 | €691 | €1,228 | €25,580 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | -€5,672 | €7,358 | -€13,163 | €5,121 | -€1,599 | -€3,862 | €734 | €57,531 | -€7,089 | - |
| Profit (loss) for the period to be appropriated9905 | -€5,672 | €7,358 | -€13,163 | €5,121 | -€1,599 | -€3,862 | €734 | €57,531 | -€7,089 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €20,792 | €64,261 | €39,080 | €28,006 | €15,896 | €9,167 | €9,581 | €75,896 | €981 | ▼ 98.7% |
| Fixed assets21/28 | €406 | €35,856 | €29,685 | €21,252 | €11,013 | €1,788 | €1,033 | €393 | - | - |
| Tangible fixed assets22/27 | €406 | €35,856 | €29,685 | €21,252 | €11,013 | €1,788 | €1,033 | €393 | - | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,229 | €778 | €327 | €37 | - | - |
| Furniture and vehicles24 | - | - | - | €18,762 | €9,784 | €1,010 | €706 | €356 | - | - |
| Other tangible fixed assets26 | - | - | - | €2,491 | - | - | - | - | - | - |
| Current assets29/58 | €20,386 | €28,405 | €9,396 | €6,754 | €4,883 | €7,379 | €8,548 | €75,502 | €981 | ▼ 98.7% |
| Stocks and contracts in progress3 | - | - | €1,732 | €1,012 | - | €89 | €70 | - | - | - |
| Contracts in progress37 | - | - | - | €1,012 | - | €89 | €70 | - | - | - |
| Amounts receivable within one year40/41 | €8,558 | €18,715 | €1,255 | €2,401 | €1,627 | €3,414 | €5,594 | €5,270 | €981 | ▼ 81.4% |
| Trade receivables40 | - | - | - | €979 | €573 | €294 | €1,551 | €697 | - | - |
| Other amounts receivable41 | - | - | - | €1,423 | €1,054 | €3,120 | €4,043 | €4,574 | €981 | ▼ 78.5% |
| Cash at bank and in hand54/58 | €10,690 | €8,085 | €5,037 | €2,158 | €2,540 | €3,122 | €2,025 | €70,232 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,183 | €715 | €754 | €860 | - | - | - |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €20,792 | €64,261 | €39,080 | €28,006 | €15,896 | €9,167 | €9,581 | €75,896 | €981 | ▼ 98.7% |
| Equity10/15 | €10,662 | €18,020 | €4,858 | €9,978 | €8,380 | €4,517 | €5,252 | €62,782 | - | - |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | - | - |
| Contributions outside capital11 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | - | - |
| Other1109/19 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | - | - |
| Reserves13 | €3,934 | €5,620 | €5,620 | €5,620 | €5,620 | €1,860 | €1,860 | €50,382 | - | - |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | €3,760 | €3,760 | - | - | €48,522 | - | - |
| Profit (loss) carried forward14 | -€5,672 | - | -€13,163 | -€8,042 | -€9,641 | -€9,743 | -€9,008 | - | - | - |
| Amounts payable17/49 | €10,130 | €46,241 | €34,223 | €18,028 | €7,516 | €4,650 | €4,329 | €13,113 | €981 | ▼ 92.5% |
| Amounts payable after more than one year17 | - | €26,201 | €16,613 | €14,216 | €3,030 | €3,030 | - | - | - | - |
| Other amounts payable178/9 | - | - | - | €14,216 | €3,030 | €3,030 | - | - | - | - |
| Amounts payable within one year42/48 | €10,130 | €20,040 | €17,610 | €3,812 | €4,486 | €1,563 | €4,080 | €13,113 | €981 | ▼ 92.5% |
| Trade debts44 | €5,923 | €413 | €39 | €64 | €143 | €301 | €2,261 | €406 | - | - |
| Suppliers440/4 | - | - | - | €64 | €143 | €301 | €2,261 | €406 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €282 | €4,343 | €1,262 | €1,820 | €12,707 | €981 | ▼ 92.3% |
| Taxes450/3 | - | - | - | €282 | €3,843 | €762 | €1,320 | €12,207 | €981 | ▼ 92.0% |
| Remuneration and social security454/9 | - | - | - | - | €500 | €500 | €500 | €500 | - | - |
| Other amounts payable47/48 | - | - | - | €3,465 | - | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €57 | €249 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,672 | €7,358 | -€13,163 | €5,121 | -€1,599 | -€3,862 | €734 | €57,531 | -€7,089 | - |
| + Depreciation and write-downs630 | €6,192 | €8,734 | €9,148 | €9,205 | €9,164 | €9,455 | €1,330 | €558 | €255 | ▼ 54.2% |
| Operating cash flow (approximation) | €520 | €16,092 | -€4,015 | €14,326 | €7,566 | €5,593 | €2,064 | €58,089 | -€6,834 | - |
| Investment in fixed assets (approximation) | - | -€44,183 | -€2,977 | -€772 | €1,076 | -€231 | -€574 | €81 | - | - |
| Change in cash | - | -€2,605 | -€3,048 | -€2,879 | €382 | €582 | -€1,098 | €68,208 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 04-05-2026 | micro format | 06-05-2026 | 2026-00104300 |
| 31-12-2025 | micro format | 25-03-2026 | 2026-00062023 |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00193129 |
| 31-12-2023 | micro format | 31-05-2024 | 2024-00104481 |
| 31-12-2022 | micro format | 06-06-2023 | 2023-00114906 |
| 31-12-2021 | micro format | 02-06-2022 | 2022-20046586 |
| 31-12-2020 | micro format | 20-07-2021 | 2021-38100535 |
| 31-12-2019 | micro format | 02-07-2020 | 2020-25000547 |
| 31-12-2018 | micro format | 02-07-2019 | 2019-28200343 |
| 31-12-2017 | micro format | 12-07-2018 | 2018-33400577 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.