ZEVARR
ActiveSummary
ZEVARR has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.6m and a net result of €1.2m. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 95% of 1222 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650,000 at 30 days acceptable
Liquidity ample (current ratio 95.73 against 5.63 in 2024; short-term debt: 0.5% and cash: 6.5% of total assets), and 0.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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
99.5%
Return on assets
13.3%
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 25-03-2026, 128 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
128 d early
2024
12 d late
2023
31 d late
2022
31 d late
2021
53 d early
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 company by total assets in Berlare, Administrative and support services sector#1 company by equity in Berlare, Administrative and support services sector#1 oldest company in Berlare, Administrative and support services sector
Equity
€8.6m▲ 15.5%
2024 · €7.4m
Total assets
€8.6m▲ 7.4%
2024 · €8.0m
Net result
€1.2m▲ 1.9%
2024 · €1.1m
Working capital
€3.9m▲ 42.1%
2024 · €2.8m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€127,546▲ 2.3%-€32,177€28,315€77,006▲ 172%-€11,753
Net result€1.3m▲ 25.9%€1.4m▲ 12.5%€1.4m▼ 2.7%€1.1m▼ 19.3%€1.2m▲ 1.9%
Equity€5.0m▲ 9.0%€5.5m▲ 10.9%€6.9m▲ 25.2%€7.4m▲ 8.1%€8.6m▲ 15.5%
Total assets€6.5m▲ 12.5%€7.0m▲ 9.2%€7.5m▲ 6.7%€8.0m▲ 6.7%€8.6m▲ 7.4%
Debt€1.5m▲ 25.6%€1.6m▲ 3.7%€647,819▼ 58.3%€597,474▼ 7.8%€41,530▼ 93.0%
Working capital€1.3m▲ 53.3%€870,047▼ 35.1%€2.2m▲ 148%€2.8m▲ 28.0%€3.9m▲ 42.1%
Staff (FTE)1▲ 11.1%1=1=0.3▼ 70.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11,753 after €77,006 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.6m
Fixed assets
€4.7m ▼ 0.3%
Current assets
€4.0m ▲ 18.1%
Equity and liabilities €8.6m
Equity
€8.6m ▲ 15.5%
Debt
€41,530 ▼ 93.0%
Debt's share of the balance-sheet total falls from 7.4% to 0.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40,566▼
2024 · €132,783
Cash flow
€1.2m▲
2024 · €1.2m
Current ratio
95.73▲
2024 · 5.63
Debt to equity
0.00▼
2024 · 0.08
ROE
13.4%▼
2024 · 15.2%
ROA
13.3%▼
2024 · 14.1%
Interest coverage
13.38▼
2024 · 16.73
Debt ≤ 1 year
€41,495▼
2024 · €597,474
Income taxes
-€12,363▼
2024 · €40,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,552 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.1%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,552 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €68,554 | - | - |
| Remuneration, social security and pensions62 | €65,980 | €69,961 | €101,021 | €27,401 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,061 | €127,100 | €58,533 | €55,778 | €52,319 | ▼ 6.2% |
| Other operating charges640/8 | €5,806 | €10,427 | €7,349 | €18,827 | €5,080 | ▼ 73.0% |
| Gross operating margin9900 | €226,393 | €175,311 | €195,217 | €179,011 | €45,646 | ▼ 74.5% |
| Operating profit (loss)9901 | €127,546 | -€32,177 | €28,315 | €77,006 | -€11,753 | ▼ 115% |
| Financial income75/76B | €1.2m | €1.5m | €1.4m | €1.1m | €1.2m | ▲ 4.8% |
| Recurring financial income75 | €1.2m | €1.5m | €1.4m | €1.1m | €1.2m | ▲ 4.8% |
| Non-recurring financial income76B | - | €3,639 | - | - | - | - |
| Financial charges65/66B | €24,188 | €30,015 | €2,978 | €7,938 | €3,033 | ▼ 61.8% |
| Recurring financial charges65 | €24,188 | €30,015 | €2,978 | €7,938 | €3,033 | ▼ 61.8% |
| Profit (loss) for the period before taxes9903 | €1.3m | €1.4m | €1.4m | €1.2m | €1.1m | ▼ 2.6% |
| Income taxes67/77 | €27,813 | €2,164 | €43,017 | €40,000 | -€12,363 | ▼ 131% |
| Profit (loss) for the period9904 | €1.3m | €1.4m | €1.4m | €1.1m | €1.2m | ▲ 1.9% |
| Profit (loss) for the period to be appropriated9905 | €1.3m | €1.4m | €1.4m | €1.1m | €1.2m | ▲ 1.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.5m | €7.0m | €7.5m | €8.0m | €8.6m | ▲ 7.4% |
| Fixed assets21/28 | €3.7m | €4.6m | €4.7m | €4.7m | €4.7m | ▼ 0.3% |
| Tangible fixed assets22/27 | €940,613 | €1.9m | €2.0m | €1.9m | €1.8m | ▼ 2.8% |
| Land and buildings22 | €931,898 | €1.8m | €1.9m | €1.8m | €1.8m | ▼ 1.5% |
| Plant, machinery and equipment23 | €453 | €174 | - | - | - | - |
| Furniture and vehicles24 | €8,263 | €71,147 | €97,790 | €71,424 | €46,289 | ▼ 35.2% |
| Financial fixed assets28 | €2.7m | €2.7m | €2.8m | €2.8m | €2.8m | ▲ 1.3% |
| Current assets29/58 | €2.8m | €2.4m | €2.8m | €3.4m | €4.0m | ▲ 18.1% |
| Amounts receivable within one year40/41 | €33,428 | €70,967 | €111,108 | €2.5m | €90,698 | ▼ 96.4% |
| Trade receivables40 | €33,428 | €49,272 | €87,430 | €24,707 | €64,099 | ▲ 159% |
| Other amounts receivable41 | - | €21,695 | €23,678 | €2.5m | €26,600 | ▼ 98.9% |
| Current investments50/53 | - | - | - | - | €3.3m | - |
| Cash at bank and in hand54/58 | €2.8m | €2.3m | €2.7m | €789,393 | €558,448 | ▼ 29.3% |
| Deferred charges and accrued income490/1 | €501 | €36,081 | €36,081 | €47,527 | €18,289 | ▼ 61.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.5m | €7.0m | €7.5m | €8.0m | €8.6m | ▲ 7.4% |
| Equity10/15 | €5.0m | €5.5m | €6.9m | €7.4m | €8.6m | ▲ 15.5% |
| Contributions10/11 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Reserves13 | €3.1m | €3.6m | €5.0m | €5.5m | €6.7m | ▲ 20.7% |
| Non-distributable reserves130/1 | €268,691 | - | - | - | - | - |
| Reserves not available under the articles1311 | €268,691 | - | - | - | - | - |
| Distributable reserves133 | €2.8m | €3.6m | €5.0m | €5.5m | €6.7m | ▲ 20.7% |
| Amounts payable17/49 | €1.5m | €1.6m | €647,819 | €597,474 | €41,530 | ▼ 93.0% |
| Amounts payable within one year42/48 | €1.5m | €1.6m | €647,819 | €597,474 | €41,495 | ▼ 93.1% |
| Trade debts44 | €9,337 | €77,211 | €31,173 | €6,579 | €13,628 | ▲ 107% |
| Suppliers440/4 | €9,337 | €77,211 | €31,173 | €6,579 | €13,628 | ▲ 107% |
| Advances received on contracts in progress46 | €3,400 | - | €3,000 | €3,000 | €3,000 | = |
| Taxes, remuneration and social security45 | €57,395 | €215,712 | €241,410 | - | €7,407 | - |
| Taxes450/3 | €36,363 | €205,770 | €216,210 | - | €7,407 | - |
| Remuneration and social security454/9 | €21,032 | €9,941 | €25,199 | - | - | - |
| Other amounts payable47/48 | €1.4m | €1.3m | €372,236 | €587,895 | €17,460 | ▼ 97.0% |
| Accrued charges and deferred income492/3 | €37,746 | - | - | - | €35 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.3m | €1.4m | €1.4m | €1.1m | €1.2m | ▲ 1.9% |
| + Depreciation and write-downs630 | €27,061 | €127,100 | €58,533 | €55,778 | €52,319 | ▼ 6.2% |
| Operating cash flow (approximation) | €1.3m | €1.6m | €1.5m | €1.2m | €1.2m | ▲ 1.5% |
| Investment in fixed assets (approximation) | - | -€1.1m | -€151,686 | -€7,273 | -€37,500 | ▼ 416% |
| Change in cash | - | -€450,393 | €342,429 | -€1.9m | -€230,945 | ▲ 87.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity times 17current ratio 95.73
Current ratio from 5.63 to 95.73; short-term debt falls from €597,474 to €41,495.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 4.33
Current ratio from 1.56 to 4.33; short-term debt falls from €1.6m to €647,819.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €1.4m ▲12.5%
Net result €1.4m, the highest in the series.
31-12
Financial
Equity above €5mEq €5.5m ▲10.9%
5 profitable years in a row build equity to €5.5m.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 1.35
Current ratio from 0.59 to 1.35.
Show earlier events
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Berlare · 1 establishment unit since 1969
Ground area
1,302 m²
Building footprint
198 m²
Volume, LiDAR
1,354 m³
Parcel 42003A1400/00C000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Zandstraat 77, 9290 Berlare
since 19692.038.866.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003A1400/00C000 | Flanders | 1,302 m² | 1 · 198 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 3
-
80%
-
10.09%
-
6.06%
According to the 2025 annual accounts of ZEVARR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 201 EUR awarded · 201 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 201 EUR | 201 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
875500O6XYPBK29PJX17
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Of 21,225 companies in sector 81300 we hold annual accounts for 4,366. 258 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-08-1968
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
01301Crop and animal production, hunting and related service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406260447
Also
9925:BE0406260447
Registered
07-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.