ZERDA
ActiveSummary
The computed 12-month bankruptcy probability of ZERDA is 2.8% (moderate). The 2024 annual accounts show equity of €249k and a net result of €-5k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 18941 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity ample (current ratio 17.51 against 88.76 in 2023; short-term debt: 5.5% and cash: 11.2% of total assets), and 5.5% 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+raises risk
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 →
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 · 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 2024Solvency, return and age of the figures
Solvency
94.5%
Return on assets
-2.1%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-11-2025, 96 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
96 d late
2023
92 d late
2022
77 d late
2021
92 d late
2020
101 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-5k
2023 · €4k
2018: €6k
2019: €4k
2020: €21k
2021: €9k
2022: €14k
2023: €4k
2018 → 2024
Working capital
€242k▼ 2.4%
2023 · €248k
2018: €29k
2019: €205k
2020: €218k
2021: €227k
2022: €242k
2023: €248k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€229k-€237k▲ 3.8%€251k▲ 5.9%€255k▲ 1.4%€249k▼ 2.2%
Operating result€20k-€10k▼ 51.1%€19k▲ 94.5%€4k▼ 80.6%€7k▲ 76.0%
Net result€21k-€9k▼ 55.1%€14k▲ 48.2%€4k▼ 74.1%€-5k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 76% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €264k
Fixed assets
€8k ▲ 4.8%
Current assets
€256k ▲ 2.4%
Equity and liabilities €264k
Equity
€249k ▼ 2.2%
Debt
€15k ▲ 419%
Debt's share of the balance-sheet total rises from 1.1% to 5.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▲
2023 · €6k
Cash flow
€-4k▼
2023 · €6k
Current ratio
17.51▼
2023 · 88.76
Debt to equity
0.06▲
2023 · 0.01
ROE
-2.2%▼
2023 · 1.4%
ROA
-2.1%▼
2023 · 1.4%
Interest coverage
3.85▲
2023 · 3.40
Debt ≤ 1 year
€15k▲
2023 · €3k
Income taxes
€10k▲
2023 · €20
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€258k€264k▲
Fixed assets21/28€7k€8k▲
Tangible fixed assets22/27€2k€2k▲
Furniture and vehicles24€2k€2k▲
Financial fixed assets28€5k€5k=
Current assets29/58€250k€256k▲
Amounts receivable after more than one year29€190k€190k=
Trade receivables290€190k€190k=
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€19k€36k▲
Trade receivables40€6k€21k▲
Other amounts receivable41€13k€16k▲
Cash at bank and in hand54/58€39k€30k▼
Deferred charges and accrued income490/1€228€230▲
Equity and liabilities
Total equity and liabilities10/49€258k€264k▲
Equity10/15€255k€249k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€234k€229k▼
Amounts payable17/49€3k€15k▲
Amounts payable within one year42/48€3k€15k▲
Trade debts44€3k€11k▲
Suppliers440/4€3k€11k▲
Other amounts payable47/48€116€3k▲
Income statement
Code20232024
Non-recurring operating income76A€4k€12k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€11k€12k▲
Operating profit (loss)9901€4k€7k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€4k€4k▲
Income taxes67/77€20€10k▲
Profit (loss) for the period9904€4k€-5k▼
Profit (loss) for the period to be appropriated9905€4k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€234k€229k▼
Profit (loss) brought forward from the previous period14P€231k€234k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 96 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼252%
Net result drops to €-5k, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 88.76
Current ratio from 25.52 to 88.76; short-term debt falls from €10k to €3k.
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 77 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 92 days late
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
2020
31-12
Financial
Highest result since 2018net €21k ▲399%
Operating result €20k, net result €21k, both a record.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 163 days late
2019
31-12
Financial
Liquidity times 12current ratio 26.04
Current ratio from 2.16 to 26.04; short-term debt falls from €25k to €8k.
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
26 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, Koekelberg · 1 establishment unit since 2004
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.
Leopold II-laan 2161081 KoekelbergGround area
129 m²
Building footprint
131 m²
Volume, LiDAR
576 m³
2 parcels, Brussels · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LE BREAK
since 20042.137.431.919
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0134/00M004 | Brussels | 68 m² | 1 · 68 m² | 11.2 m · 3 fl. |
| 21492B0455/00A000 | Brussels | 62 m² | 1 · 63 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Schaaf
BE 1020.387.342
Aarschot · Eq €249,461
SCEPTRE
BE 0874.192.704
Brussel · Eq €249,476
FRITUUR DRIEMASTEN
BE 0818.632.884
Wevelgem · Eq €249,422
LCL-MARCHE
BE 0847.902.635
Marche-en-Famenne · Eq €249,159
MASCAB
BE 0750.836.913
Mouscron · Eq €249,878
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 6,196 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-05-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.