Zivair
ActiveZivair has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €23k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 92% of 712 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +27 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▲+61
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 8.39 against 18.31 in 2024), and 11.3% 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○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← 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
88.7%
Return on assets
10.8%
Age of the figures
8 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 23-07-2026, 8 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
8 d early
2024
on the day
2023
37 d early
2022
53 d early
2021
31 d early
2020
30 d early
2019
126 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€187k▲ 13.9%
2024 · €164k
2018: €-1k
2019: €7k
2020: €133k
2021: €279k
2022: €254k
2023: €167k
2024: €164k
2018 → 2025
Total assets
€211k▲ 21.3%
2024 · €174k
2018: €5k
2019: €8k
2020: €170k
2021: €334k
2022: €391k
2023: €192k
2024: €174k
2018 → 2025
Net result
€23k
2024 · €-2k
2018: €-7k
2019: €8k
2020: €127k
2021: €258k
2022: €140k
2023: €-7k
2024: €-2k
2018 → 2025
Working capital
€177k▲ 18.2%
2024 · €149k
2018: €675
2019: €6k
2020: €128k
2021: €275k
2022: €243k
2023: €160k
2024: €149k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€279k-€254k▼ 9.0%€167k▼ 34.4%€164k▼ 1.5%€187k▲ 13.9%
Operating result€343k-€189k▼ 44.8%€-6k€-2k▲ 66.4%€32k
Net result€258k-€140k▼ 45.8%€-7k€-2k▲ 66.7%€23k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €32k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211k
Fixed assets
€10k▼ 34.2%
Current assets
€201k▲ 26.8%
Equity and liabilities €211k
Equity
€187k▲ 13.9%
Debt
€24k▲ 145%
The debt ratio rises from 5.6% to 11.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€38k▲
2024 · €2k
Cash flow
€28k▲
2024 · €1k
Solvency
88.7%▼
2024 · 94.4%
Current ratio
8.39▼
2024 · 18.31
Quick ratio
8.39▼
2024 · 18.31
Debt / equity
0.13▲
2024 · 0.06
ROE
12.2%▲
2024 · -1.5%
ROA
10.8%▲
2024 · -1.4%
Interest coverage
109.38▲
2024 · 2.23
Debt
€24k▲
2024 · €10k
Debt ≤ 1 year
€24k▲
2024 · €9k
Income taxes
€9k▲
2024 · €566
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€174k€211k▲
Fixed assets21/28€16k€10k▼
Tangible fixed assets22/27€16k€10k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€11k€8k▼
Current assets29/58€158k€201k▲
Amounts receivable within one year40/41€34k€68k▲
Trade receivables40€2k€30k▲
Other amounts receivable41€32k€38k▲
Cash at bank and in hand54/58€101k€103k▲
Deferred charges and accrued income490/1€23k€30k▲
Equity and liabilities
Total equity and liabilities10/49€174k€211k▲
Equity10/15€164k€187k▲
Contributions10/11€19k€19k=
Reserves13€153k€168k▲
Distributable reserves133€153k€168k▲
Profit (loss) carried forward14€-8k-
Amounts payable17/49€10k€24k▲
Amounts payable within one year42/48€9k€24k▲
Trade debts44€9k€21k▲
Suppliers440/4€9k€21k▲
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€8k€1k▼
Gross operating margin9900€10k€39k▲
Operating profit (loss)9901€-2k€32k▲
Financial income75/76B€975€224▼
Recurring financial income75€975€224▼
Financial charges65/66B€847€345▼
Recurring financial charges65€847€345▼
Profit (loss) for the period before taxes9903€-2k€32k▲
Income taxes67/77€566€9k▲
Profit (loss) for the period9904€-2k€23k▲
Profit (loss) for the period to be appropriated9905€-2k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€15k▲
Profit (loss) brought forward from the previous period14P€-5k€-8k▼
Transfer to equity691/2-€15k
To other reserves6921-€15k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 18.31
Current ratio from 7.82 to 18.31; short-term debt falls from €23k to €9k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-7k ▼105%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 7.82
Current ratio from 2.79 to 7.82; short-term debt falls from €136k to €23k.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €258k ▲104%
Operating result €343k, net result €258k, both a record.
31-12
Financial
Equity above €200kEq €279k ▲109%
3 profitable years in a row build equity to €279k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €133k ▲1909%
2 profitable years in a row build equity to €133k.
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 126 days late
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 5.78
Current ratio from 1.18 to 5.78; short-term debt falls from €4k to €1k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zoutleeuw · 1 establishment unit since 2017
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.
Boomgaardstraat 263440 ZoutleeuwGround area
917 m²
Building footprint
172 m²
Volume, LiDAR
808 m³
Parcel 24017C0023/00X002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zivair
since 20172.269.449.612
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24017C0023/00X002 | Flanders | 917 m² | 1 · 172 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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ADVICE FOR FIRE FIGHTING
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Of 527 companies in sector 52230 we hold annual accounts for 278. 206 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2017
Fiscal year end31-12
Activities, NACEBEL
52230Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.