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ZHANO

Active Private limited company (pre-2019)founded 2007active for 19 yearsGeraardsbergsestraat 60, 9400 NinoveKBO/BCE: BE 0889.108.532

Lifetime

17 annual accounts with figures on one time axis
peak €50,404 (2018)
€25,738▲ 0.4%
lowest -€14,774 (2022)
€17,365▲ 119%
peak €100,720 (2020)
€85,681▲ 25.4%
€6,096▲ 24.4%
peak 0.8 FTE (2020)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Result from €7,944 to €17,365Equity from €68,316 to €85,681Debts from €4,899 to €6,096Cash from €2,833 to €23,694

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Filings

17 annual accounts since 2008
AprilJune31 JulyOctober2010201520202025

Ten of the last ten came late. The 2019 accounts came latest: 89 days after the end of the period.

Position in the sector

93.4%

Higher solvency than 95% of companies in food and beverage service. Sector median 29.7% · 18,509 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,691 companies had the same profile as ZHANO has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 34,691 companies, not a prediction for ZHANO. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0889108532
First establishment Nostalgie, Geraardsbergsestraat 60, Ninove
Incorporation published on 09-05-2007 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
ZHANO Ninove €91,777 €25,738 93.4% -
HORECA CLEAN SERVICE Auderghem €98,380 €31,225 64.7% -
CIRCOLO ITALIANO Maasmechelen €103,988 €23,288 68.4% -
AT GEORGE'S Kampenhout €92,843 €26,938 82.5% -
EMOTION Ganshoren €81,815 €21,366 84.3% -
ESSEN Antwerp €77,310 €27,729 -4.3% -
BRUSSELS CITY Roosdaal €111,900 €25,304 6.6% -

These companies have the same main activity as ZHANO: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €77,300 and €112,000, founded between 2004 and 2008.

Official details

Source: KBO
Status
Active since 30-04-2007Normal situation
Activity
Cafés and barsNACE 56301and 1 other
Establishment unit
2.162.462.3729400 Ninove, since 04-05-2007
Financial year end
31 December
Peppol
Reachable since 17-12-2025
Company details

Annual accounts 2025

€91,777▲ 25.4%
Filing
Filed on 27-08-2026
Financials

Insights on ZHANO

ZHANO files the micro format. That format states no turnover. The gross margin rose from €17,851 in 2008 to €25,738 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ZHANO

What is the company number of ZHANO?
The company number of ZHANO is 0889.108.532. The VAT number is the same number with BE in front: BE 0889.108.532.
Where is ZHANO based?
The registered office is at Geraardsbergsestraat 60, 9400 Ninove.Company details
What does ZHANO do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of ZHANO?
ZHANO is a private limited company (pre-2019) (BVBA).
When was ZHANO founded?
ZHANO was founded on 30-04-2007.
Is ZHANO still active?
Yes, ZHANO is an active enterprise in the KBO register.
How many employees does ZHANO have?
ZHANO had an average of 0.8 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of ZHANO?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €25,738 and 38 comparable companies (NACE 56301). It probably lies between €70,000 and €140,000.
Is ZHANO profitable?
In financial year 2025, ZHANO made a profit of €17,365.
Where can I find the annual accounts of ZHANO?
ZHANO filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ZHANO due?
ZHANO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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