ZORINA
ActiveZORINA has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222k and a net result of €-17k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 688 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-41
Solvency91▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.95 in 2024; short-term debt: 32.4% and cash: 5.7% of total assets), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
1 d late
2023
1 d late
2022
24 d early
2021
41 d early
2020
30 d late
2019
18 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€222k▼ 7.0%
2024 · €239k
2018: €185k
2019: €194k
2020: €207k
2021: €212k
2022: €217k
2023: €231k
2024: €239k
2018 → 2025
Total assets
€336k▲ 16.0%
2024 · €290k
2018: €322k
2019: €303k
2020: €307k
2021: €308k
2022: €290k
2023: €267k
2024: €290k
2018 → 2025
Net result
€-17k
2024 · €8k
2018: €514
2019: €10k
2020: €12k
2021: €6k
2022: €4k
2023: €15k
2024: €8k
2018 → 2025
Working capital
€-68k▼ 3,617%
2024 · €-2k
2018: €-5k
2019: €-26k
2020: €-27k
2021: €-45k
2022: €-41k
2023: €-9k
2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€212k-€217k▲ 2.0%€231k▲ 6.8%€239k▲ 3.3%€222k▼ 7.0%
Operating result€11k-€7k▼ 30.3%€20k▲ 164%€11k▼ 45.9%€-15k
Net result€6k-€4k▼ 26.5%€15k▲ 248%€8k▼ 48.1%€-17k
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 turns negative in 2025: a loss of €15k after €11k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €336k
Fixed assets
€295k▲ 16.2%
Current assets
€41k▲ 15.2%
Equity and liabilities €336k
Equity
€222k▼ 7.0%
Provisions
€0▼ 100%
Debt
€114k▲ 165%
The debt ratio rises from 14.8% to 33.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €26k
Cash flow
€2k▼
2024 · €23k
Solvency
66.2%▼
2024 · 82.6%
Current ratio
0.38▼
2024 · 0.95
Quick ratio
0.36▼
2024 · 0.87
Debt / equity
0.51▲
2024 · 0.18
ROE
-7.6%▼
2024 · 3.2%
ROA
-5.0%▼
2024 · 2.7%
Interest coverage
2.20▼
2024 · 36.77
Debt
€114k▲
2024 · €43k
Debt ≤ 1 year
€109k▲
2024 · €38k
Debt > 1 year
€5k=
2024 · €5k
Staff costs
€59k▲
2024 · €58k
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€290k€336k▲
Fixed assets21/28€254k€295k▲
Tangible fixed assets22/27€254k€295k▲
Land and buildings22€216k€208k▼
Furniture and vehicles24€3k€1k▼
Other tangible fixed assets26€35k€85k▲
Current assets29/58€36k€41k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€5k€20k▲
Trade receivables40€180€16k▲
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€24k€19k▼
Deferred charges and accrued income490/1€4k€275▼
Equity and liabilities
Total equity and liabilities10/49€290k€336k▲
Equity10/15€239k€222k▼
Contributions10/11€161k€161k=
Capital10€161k€161k=
Issued capital100€161k€161k=
Reserves13€16k€16k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Profit (loss) carried forward14€62k€45k▼
Provisions and deferred taxes16€8k-
Provisions for liabilities and charges160/5€8k-
Environmental obligations163€8k-
Amounts payable17/49€43k€114k▲
Amounts payable after more than one year17€5k€5k=
Financial debts170/4€5k€5k=
Amounts payable within one year42/48€38k€109k▲
Trade debts44€20k€41k▲
Suppliers440/4€20k€41k▲
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€2k€2k=
Remuneration and social security454/9€8k€6k▼
Other amounts payable47/48€8k€59k▲
Accrued charges and deferred income492/3€415-
Income statement
Code20242025
Remuneration, social security and pensions62€58k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€19k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-8k
Other operating charges640/8€16k€23k▲
Gross operating margin9900€100k€79k▼
Operating profit (loss)9901€11k€-15k▼
Financial charges65/66B€695€2k▲
Recurring financial charges65€695€2k▲
Profit (loss) for the period before taxes9903€10k€-17k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€8k€-17k▼
Profit (loss) for the period to be appropriated9905€8k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€62k€45k▼
Profit (loss) brought forward from the previous period14P€54k€62k▲
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-17k ▼318%
Net result drops to €-17k, the lowest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-12
Financial
Highest result since 2018net €15k ▲248%
Operating result €20k, net result €15k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €200kEq €207k ▲6.4%
3 profitable years in a row build equity to €207k.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 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, Elsene · 1 establishment unit since 1978
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.
Parnassusstraat 381050 ElseneGround area
72 m²
Building footprint
74 m²
Volume, LiDAR
864 m³
Parcel 21442A0007/00H008, Brussels · tallest building 16.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
STUDIO L'INTIME
since 19782.108.575.805
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0007/00H008 | Brussels | 72 m² | 1 · 74 m² | 16.2 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.108.575.805
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Of 2,395 companies in sector 55100 we hold annual accounts for 1,517. 1,112 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-07-1978
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
55102
46425Wholesale trade
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.