ZOA
ActiveSummary
The computed 12-month bankruptcy probability of ZOA is 6.1% (elevated). The 2025 annual accounts show negative equity (-€20,384) and a net result of €3,551. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 9% of 13874 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Food and beverage service activities
NACE 56309Cafés and bars NACE 56301
1 site
How big
€15,793total assets 2025
- Equity
- -€20,384
- Profit
- €3,551
Turnover not published (abridged schema)
Who decides
Accounts 3 d early0 of 1 deed read
Why 36- Higher-failure-rate sector- Limited track record- Annual accounts: weaker financial profile- Weak solvency vs sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+78
Solvency0=
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
6.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.14 in 2024; short-term debt: 186% and cash: 2.7% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-129.1%
Return on assets
22.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 13874 sector peers (2025).
NBB · sector comparisonPosition among 13874 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 d early
2024
10 d early
2023
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 21 January (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €3,551
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €15,793Profit €3,551Solvency -129.1%Liquidity 0.09
Total assets
€15,793▼ 29.6%
2023 - 2025
Net result
€3,551
2023 - 2025
Equity
-€20,384▲ 14.8%
2023 - 2025
Solvency
-129.1%▼ 22.4pp
2023 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result-€23,931--€581▲ 97.6%€4,852
Net result-€26,293below the sector's middle half--€2,641within the sector's middle half▲ 90.0%€3,551within the sector's middle half
Equity-€21,293below the sector's middle half--€23,934below the sector's middle half▼ 12.4%-€20,384below the sector's middle half▲ 14.8%
Total assets€24,588below the sector's middle half-€22,446below the sector's middle half▼ 8.7%€15,793below the sector's middle half▼ 29.6%
Debt€45,881-€46,380▲ 1.1%€36,176▼ 22.0%
Working capital-€23,185within the sector's middle half--€28,479within the sector's middle half▼ 22.8%-€26,854within the sector's middle half▲ 5.7%
Solvency-86.6%below the sector's middle half--106.6%below the sector's middle half▼ 20.0pp-129.1%below the sector's middle half▼ 22.4pp
Current ratio0.13below the sector's middle half-0.14below the sector's middle half▲ 0.010.09below the sector's middle half▼ 0.06
Return on assets (ROA)-106.9%below the sector's middle half--11.8%below the sector's middle half▲ 95.2pp22.5%above the sector's middle half▲ 34.2pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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 and balance sheet
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4,852 after a loss of €581 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15,793
Fixed assets
€13,272 ▼ 25.1%
Current assets
€2,520 ▼ 46.6%
Equity and liabilities
Equity-€20,384
Debt€36,176
Equity is negative: debt (€36,176) exceeds the balance-sheet total (€15,793).
Key figures and ratios
Key figures and ratios
EBITDA
€9,302▲
2024 · €3,809
Cash flow
€8,001▲
2024 · €1,749
Interest coverage
7.15▲
2024 · 1.85
Debt ≤ 1 year
€29,374▼
2024 · €33,203
Debt > 1 year
€6,802▼
2024 · €13,177
Staff costs
€274▲
2024 · -€84
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,018 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 89% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a profit of 5% of the balance sheet or more
6.5%
went bankrupt
4.0%
stopped otherwise
89%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 6.1% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,018 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.
Filed annual accounts
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €8,059 | -€84 | €274 | ▲ 424% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,899 | €4,390 | €4,450 | ▲ 1.4% |
| Other operating charges640/8 | €1,172 | €2,287 | €2,486 | ▲ 8.7% |
| Gross operating margin9900 | -€9,801 | €6,011 | €12,062 | ▲ 101% |
| Operating profit (loss)9901 | -€23,931 | -€581 | €4,852 | ▲ 936% |
| Financial income75/76B | €0 | - | €0 | - |
| Recurring financial income75 | €0 | - | €0 | - |
| Financial charges65/66B | €2,362 | €2,060 | €1,301 | ▼ 36.8% |
| Recurring financial charges65 | €2,362 | €2,060 | €1,301 | ▼ 36.8% |
| Profit (loss) for the period before taxes9903 | -€26,293 | -€2,641 | €3,551 | ▲ 234% |
| Profit (loss) for the period9904 | -€26,293 | -€2,641 | €3,551 | ▲ 234% |
| Profit (loss) for the period to be appropriated9905 | -€26,293 | -€2,641 | €3,551 | ▲ 234% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €24,588 | €22,446 | €15,793 | ▼ 29.6% |
| Fixed assets21/28 | €21,044 | €17,723 | €13,272 | ▼ 25.1% |
| Tangible fixed assets22/27 | €16,994 | €13,673 | €9,222 | ▼ 32.5% |
| Plant, machinery and equipment23 | €16,994 | €13,673 | €9,222 | ▼ 32.5% |
| Financial fixed assets28 | €4,050 | €4,050 | €4,050 | = |
| Current assets29/58 | €3,544 | €4,724 | €2,520 | ▼ 46.6% |
| Stocks and contracts in progress3 | - | €1,036 | - | - |
| Stocks30/36 | - | €1,036 | - | - |
| Amounts receivable within one year40/41 | €2,163 | €2,391 | €2,092 | ▼ 12.5% |
| Trade receivables40 | €1,688 | €1,803 | €1,688 | ▼ 6.4% |
| Other amounts receivable41 | €476 | €588 | €404 | ▼ 31.3% |
| Cash at bank and in hand54/58 | €885 | €1,043 | €429 | ▼ 58.9% |
| Deferred charges and accrued income490/1 | €496 | €254 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €24,588 | €22,446 | €15,793 | ▼ 29.6% |
| Equity10/15 | -€21,293 | -€23,934 | -€20,384 | ▲ 14.8% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€26,293 | -€28,934 | -€25,384 | ▲ 12.3% |
| Amounts payable17/49 | €45,881 | €46,380 | €36,176 | ▼ 22.0% |
| Amounts payable after more than one year17 | €19,152 | €13,177 | €6,802 | ▼ 48.4% |
| Financial debts170/4 | €19,152 | €13,177 | €6,802 | ▼ 48.4% |
| Amounts payable within one year42/48 | €26,729 | €33,203 | €29,374 | ▼ 11.5% |
| Current portion of amounts payable after more than one year42 | €5,600 | €5,975 | €6,888 | ▲ 15.3% |
| Trade debts44 | €535 | €1,930 | €9,406 | ▲ 387% |
| Suppliers440/4 | €535 | €1,930 | €9,406 | ▲ 387% |
| Taxes, remuneration and social security45 | €705 | €1,921 | €720 | ▼ 62.5% |
| Taxes450/3 | €705 | €1,921 | €720 | ▼ 62.5% |
| Other amounts payable47/48 | €19,890 | €23,377 | €12,361 | ▼ 47.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,293 | -€2,641 | €3,551 | ▲ 234% |
| + Depreciation and write-downs630 | €4,899 | €4,390 | €4,450 | ▲ 1.4% |
| Operating cash flow (approximation) | -€21,394 | €1,749 | €8,001 | ▲ 358% |
| Investment in fixed assets (approximation) | - | -€1,068 | €0 | ▲ 100% |
| Change in cash | - | €158 | -€614 | ▼ 490% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 617 companies in this sector we hold annual accounts for 117. See the whole sector
Timeline
4 eventsLatest 28-01-2026Next filing 31-01-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €3,551
Net result €3,551 after 2 loss-making years.
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 funding sourceFlanders €2,0001 register with a recognitionFASFC 1 site
Flemish government
€2,000
awarded · 2024
FASFC
1
authorised site
Subsidies and aid
Flemish government
2024 · 1 entry · €2,000 awarded · €2,000 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | €2,000 | €2,000 |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpenunit no. 2.330.406.291
Company details
Private limited company · founded 07-04-2022Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded07-04-2022
Fiscal year end30-06
Activities, NACEBEL 2025
56301Cafés and bars
56309Food and beverage service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0784583609
Also
9925:BE0784583609
Registered
30-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2022
Ground area
161 m²
Building footprint
162 m²
Volume, LiDAR
2,018 m³
Parcel 11303B0403/00G002, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Kantin
since 2022unit no. 2.330.406.291
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0403/00G002 | Flanders | 161 m² | 1 · 161 m² | 15.0 m · 4 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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