Summary
Zinia is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €92,952 and a net result of -€49,784. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 20% of 8094 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8094 sector peers (2025).
NBB · sector comparisonPosition among 8094 sector peers
Solvency
better than 20%
← weakest
strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
14 d early
2024
16 d early
2023
on the day
2022
14 d early
2021
2 d early
2020
38 d early
2019
17 d early
← 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 14 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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. Usually files around 17 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€92,952▼ 34.9%
2024 · €142,736
Net result
-€49,784▲ 8.1%
2024 · -€54,161
Total assets
€612,194▼ 3.7%
2024 · €635,571
Solvency
15.2%▼ 7.3pp
2024 · 22.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€63,528▼ 27.6%€40,766▼ 35.8%-€38,709-€42,054▼ 8.6%-€34,067▲ 19.0%
Net result€32,564within the sector's middle half▼ 43.8%€22,737within the sector's middle half▼ 30.2%-€55,237below the sector's middle half-€54,161below the sector's middle half▲ 1.9%-€49,784below the sector's middle half▲ 8.1%
Equity€229,397within the sector's middle half▲ 16.5%€252,135within the sector's middle half▲ 9.9%€196,897within the sector's middle half▼ 21.9%€142,736within the sector's middle half▼ 27.5%€92,952within the sector's middle half▼ 34.9%
Total assets€777,301within the sector's middle half▼ 3.7%€726,241within the sector's middle half▼ 6.6%€655,770within the sector's middle half▼ 9.7%€635,571within the sector's middle half▼ 3.1%€612,194within the sector's middle half▼ 3.7%
Debt€547,904▼ 10.3%€474,107▼ 13.5%€458,873▼ 3.2%€492,834▲ 7.4%€519,241▲ 5.4%
Working capital-€94,497below the sector's middle half▲ 14.8%-€80,756below the sector's middle half▲ 14.5%-€99,765below the sector's middle half▼ 23.5%-€159,391below the sector's middle half▼ 59.8%-€227,287below the sector's middle half▼ 42.6%
Solvency29.5%within the sector's middle half▲ 5.1pp34.7%within the sector's middle half▲ 5.2pp30.0%within the sector's middle half▼ 4.7pp22.5%below the sector's middle half▼ 7.6pp15.2%below the sector's middle half▼ 7.3pp
Current ratio0.43below the sector's middle half▲ 0.040.39below the sector's middle half▼ 0.050.04below the sector's middle half▼ 0.340.03below the sector's middle half▼ 0.010.02below the sector's middle half▼ 0.01
Return on assets (ROA)4.2%within the sector's middle half▼ 3.0pp3.1%within the sector's middle half▼ 1.1pp-8.4%below the sector's middle half▼ 11.6pp-8.5%below the sector's middle half▼ 0.1pp-8.1%below the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34,067 in 2025 against €42,054 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €612,194
Fixed assets
€606,607 ▼ 3.7%
Current assets
€5,587 ▼ 1.4%
Equity and liabilities €612,194
Equity
€92,952 ▼ 34.9%
Debt
€519,241 ▲ 5.4%
Debt's share of the balance-sheet total rises from 77.5% to 84.8%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-53.6%▼
2024 · -37.9%
Debt ≤ 1 year
€232,874▲
2024 · €165,056
Debt > 1 year
€286,367▼
2024 · €327,778
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,444 | €31,679 | €23,895 | €23,179 | €23,298 | ▲ 0.5% |
| Other operating charges640/8 | €22,007 | €2,024 | €1,742 | €1,707 | €1,810 | ▲ 6.0% |
| Gross operating margin9900 | €116,979 | €74,468 | -€13,072 | -€17,167 | -€8,959 | ▲ 47.8% |
| Operating profit (loss)9901 | €63,528 | €40,766 | -€38,709 | -€42,054 | -€34,067 | ▲ 19.0% |
| Financial income75/76B | €5 | €0 | - | - | - | - |
| Recurring financial income75 | €5 | €0 | - | - | - | - |
| Financial charges65/66B | €16,772 | €12,118 | €15,710 | €12,107 | €15,717 | ▲ 29.8% |
| Recurring financial charges65 | €16,772 | €12,118 | €15,710 | €12,107 | €15,717 | ▲ 29.8% |
| Profit (loss) for the period before taxes9903 | €46,761 | €28,647 | -€54,419 | -€54,161 | -€49,784 | ▲ 8.1% |
| Income taxes67/77 | €14,197 | €5,910 | €818 | €0 | - | - |
| Profit (loss) for the period9904 | €32,564 | €22,737 | -€55,237 | -€54,161 | -€49,784 | ▲ 8.1% |
| Profit (loss) for the period to be appropriated9905 | €32,564 | €22,737 | -€55,237 | -€54,161 | -€49,784 | ▲ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €777,301 | €726,241 | €655,770 | €635,571 | €612,194 | ▼ 3.7% |
| Fixed assets21/28 | €704,673 | €675,002 | €651,107 | €629,905 | €606,607 | ▼ 3.7% |
| Tangible fixed assets22/27 | €704,673 | €675,002 | €651,107 | €629,905 | €606,607 | ▼ 3.7% |
| Land and buildings22 | €694,490 | €671,762 | €649,034 | €627,038 | €605,041 | ▼ 3.5% |
| Plant, machinery and equipment23 | €2,670 | €1,455 | €958 | €990 | €423 | ▼ 57.2% |
| Furniture and vehicles24 | €7,512 | €1,785 | €1,115 | €1,877 | €1,142 | ▼ 39.1% |
| Current assets29/58 | €72,629 | €51,239 | €4,663 | €5,665 | €5,587 | ▼ 1.4% |
| Amounts receivable within one year40/41 | €32,547 | €7,357 | €3,959 | €2,044 | €525 | ▼ 74.3% |
| Trade receivables40 | €22,380 | €3,267 | €3,534 | €0 | €196 | - |
| Other amounts receivable41 | €10,167 | €4,090 | €425 | €2,044 | €329 | ▼ 83.9% |
| Cash at bank and in hand54/58 | €39,384 | €43,247 | €0 | €2,861 | €4,217 | ▲ 47.4% |
| Deferred charges and accrued income490/1 | €698 | €635 | €704 | €760 | €845 | ▲ 11.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €777,301 | €726,241 | €655,770 | €635,571 | €612,194 | ▼ 3.7% |
| Equity10/15 | €229,397 | €252,135 | €196,897 | €142,736 | €92,952 | ▼ 34.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €210,797 | €233,535 | €178,297 | €124,136 | €74,352 | ▼ 40.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Distributable reserves133 | €193,937 | €216,675 | €163,297 | €109,136 | €59,352 | ▼ 45.6% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €547,904 | €474,107 | €458,873 | €492,834 | €519,241 | ▲ 5.4% |
| Amounts payable after more than one year17 | €380,778 | €342,111 | €354,445 | €327,778 | €286,367 | ▼ 12.6% |
| Financial debts170/4 | €380,778 | €342,111 | €354,445 | €327,778 | €286,367 | ▼ 12.6% |
| Amounts payable within one year42/48 | €167,126 | €131,995 | €104,428 | €165,056 | €232,874 | ▲ 41.1% |
| Current portion of amounts payable after more than one year42 | €38,667 | €38,667 | €27,357 | €26,667 | €26,667 | = |
| Financial debts43 | - | €3 | €2,286 | €54 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €3 | €2,286 | €54 | €0 | ▼ 100% |
| Trade debts44 | €3,292 | €6,218 | €5,762 | €1,017 | €1,236 | ▲ 21.6% |
| Suppliers440/4 | €3,292 | €6,218 | €5,762 | €1,017 | €1,236 | ▲ 21.6% |
| Taxes, remuneration and social security45 | €9,736 | €146 | €0 | - | €11 | - |
| Taxes450/3 | €9,736 | €146 | €0 | - | €11 | - |
| Other amounts payable47/48 | €115,431 | €86,962 | €69,024 | €137,319 | €204,960 | ▲ 49.3% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,564 | €22,737 | -€55,237 | -€54,161 | -€49,784 | ▲ 8.1% |
| + Depreciation and write-downs630 | €31,444 | €31,679 | €23,895 | €23,179 | €23,298 | ▲ 0.5% |
| Operating cash flow (approximation) | €64,008 | €54,416 | -€31,342 | -€30,982 | -€26,485 | ▲ 14.5% |
| Investment in fixed assets (approximation) | - | -€2,008 | €0 | -€1,977 | €0 | ▲ 100% |
| Change in cash | - | €3,863 | -€43,247 | €2,861 | €1,356 | ▼ 52.6% |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€55,237
Net result drops to -€55,237, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €229,397 ▲16.5%
4 profitable years in a row build equity to €229,397.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150,000Eq €196,833 ▲41.7%
3 profitable years in a row build equity to €196,833.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Kasterlee · 1 establishment unit since 2017
Ground area
1,970 m²
Building footprint
187 m²
Volume, LiDAR
1,022 m³
Parcel 13017C0377/00Y000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Zinia
since 20172.262.213.907
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13017C0377/00Y000 | Flanders | 1,970 m² | 1 · 187 m² | 8.7 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 12,150 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
Founded06-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
64999Other financial services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0672436068
Also
9925:BE0672436068
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.