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ZO-ZAN

Active
Private limited companyfounded 2024active for 2 yearsAlsembergse Steenweg 157, 1190 Forest, BelgiumKBO/BCE: BE 1010.772.464
Summary

The computed 12-month bankruptcy probability of ZO-ZAN is 6.7% (elevated). The 2025 annual accounts show equity of €15,595 and a net result of €1,595. Its solvency ranks better than 32% of 17,021 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 17-06-2024 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112
Establishment unit
2.361.202.803 1190 Forest, since 01-07-2024
Financial year end
31 December
Peppol
Reachable since 26-03-2026

Board and ownership

Board
Shareholders
  • SAADI AVSHARdeed of 04-07-2024

Financial position

34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.7%
Annual accounts 2025
Gross margin
€43,648
Turnover
≈ €230,000
estimated
Profit
€1,595
Equity
€15,595
Total assets
€183,952
Staff
≈ 0.5 FTE
estimated
  • 2025 accounts filed 48 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2024Last filed accounts filed 48 days late; 1 of the last 3 accounts lateSize: total assets €183,952Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 23% of micro companies in food and beverage service (NACE 56)
Financial strength
Weak
Solvency 33
equity 8.5% of total assets
Liquidity 2
short-term debt 91.5% · cash 1.6%
Profitability 44
return on assets 0.9%
Bankruptcy probability within 12 months
6.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 07-2025: 7.2% 08-2025: 7.2%● unchanged vs 07-2025 09-2025: 7.4%▲ +0.2 percentage points vs 08-2025 10-2025: 7.6%▲ +0.2 percentage points vs 09-2025 11-2025: 7.8%▲ +0.2 percentage points vs 10-2025 12-2025: 8.3%▲ +0.5 percentage points vs 11-2025 01-2026: 8.6%▲ +0.3 percentage points vs 12-2025 02-2026: 8.6%● unchanged vs 01-2026 03-2026: 8.4%▼ -0.2 percentage points vs 02-2026 04-2026: 8.4%● unchanged vs 03-2026 05-2026: 8.8%▲ +0.4 percentage points vs 04-2026 06-2026: 8.9%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 8.9%● unchanged vs 06-2026highest value 08-2026: 8.9%● unchanged vs 07-2026highest value 09-2026: 5.8%▼ -3.1 percentage points vs 08-2026lowest value 10-2026: 6.7%▲ +0.9 percentage points vs 09-2026 11-2026: 6.7%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.04, below the usual 1.5. Short-term debt is 91.5% and cash 1.6% of total assets. 91.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 32% of them on solvency, 4% on liquidity and 33% on profitability.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
raises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 48 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €183,952
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 48 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
48 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Recent changes

  1. · Gazette deed Registered office moved from Zaventem to ForestNew registered office: Alsembergse Steenweg 157- 1190 Vorst · Previous registered office: Excelsiorlaan 71, 1930 Zaventem
  2. · Gazette deed IncorporationFounding capital of €15,000, 100 shares · Founder: SAADI AVSHAR · Appointment: SAADI AVSHAR (director)
All 3 events

Comparable companies

These companies have the same main activity as ZO-ZAN: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €150,000 and €217,000, founded between 2023 and 2024.

CompanyTotal assetsGross margin
ZO-ZAN Forest€183,952€43,648
RNCB Brussels€175,605€46,777
GZ Holding Bree€216,620€48,139
SALOON 675 Anderlecht€164,105€50,056
ZAINE Brussels€159,602€32,386
FADI FR Berchem-Sainte-Agathe€150,147€54,780
TWO ONE THREE Sint-Gillis (bij-Brussel)€160,389€48,633
Full comparison

Key facts about ZO-ZAN

What is the company number of ZO-ZAN?
The company number of ZO-ZAN is 1010.772.464. The VAT number is the same number with BE in front: BE 1010.772.464.
Where is ZO-ZAN based?
The registered office is at Alsembergse Steenweg 157, 1190 Forest.Company details
What does ZO-ZAN do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of ZO-ZAN?
ZO-ZAN is a private limited company (BV).
When was ZO-ZAN founded?
ZO-ZAN was founded on 17-06-2024.
Is ZO-ZAN still active?
Yes, ZO-ZAN is an active enterprise in the KBO register.
What is the turnover of ZO-ZAN?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €43,648 and 67 comparable companies (NACE 56112). It probably lies between €180,000 and €320,000.Financials
Is ZO-ZAN profitable?
In financial year 2025, ZO-ZAN made a profit of €1,595.
Where can I find the annual accounts of ZO-ZAN?
ZO-ZAN filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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