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ZORIONN DEVELOPMENT

Active
Private limited companyfounded 2007active for 19 yearsGolvenstraat 6, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0892.788.988
Summary

The computed 12-month bankruptcy probability of ZORIONN DEVELOPMENT is 3.8% (moderate). The 2025 annual accounts show equity of €596,930 and a net result of €9,842. Equity has been growing by about 9.7% per year since 2019. Its solvency ranks better than 48% of 22,773 sector peers (NACE 47, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 15-10-2007 Normal situation
Activity
Retail sale of other cultural and recreation goods NACE 47690and 3 others
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 31-03-2022
Establishment unit
2.293.369.614 8300 Knokke-Heist, since 01-04-2019
Financial year end
31 March
Peppol
Reachable since 24-12-2025

Board and ownership

Board

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.8%
Annual accounts to 31-03-2025
Gross margin
€125,888
▼ 18.0%
Turnover
≈ €750,000
estimated
Profit
€9,842
▼ 80.5%
Equity
€596,930
▲ 1.7%
Total assets
€1.9m
▲ 10.4%
Staff
≈ 1 FTE
estimated
  • 2026 accounts not filed, 2 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 196 days late; 2 of the last 3 accounts lateLiquidity: current ratio 1.51, cash €844, halvedFigures for financial year 2025 (filed on 15-05-2026)lowers riskFounded in 2007Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 34% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 56-3
equity 31.1% of total assets
Liquidity 18+3
short-term debt 61.9% · cash 0.0%
Profitability 39-23
return on assets 0.5%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.7%lowest value 01-2025: 0.7%● unchanged vs 12-2024lowest value 02-2025: 0.7%● unchanged vs 01-2025lowest value 03-2025: 0.7%● unchanged vs 02-2025lowest value 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 1.0%▲ +0.2 percentage points vs 09-2025 11-2025: 1.5%▲ +0.5 percentage points vs 10-2025 12-2025: 1.6%▲ +0.1 percentage points vs 11-2025 01-2026: 2.2%▲ +0.6 percentage points vs 12-2025 02-2026: 2.3%▲ +0.1 percentage points vs 01-2026 03-2026: 3.0%▲ +0.7 percentage points vs 02-2026 04-2026: 4.9%▲ +1.9 percentage points vs 03-2026highest value 05-2026: 4.9%● unchanged vs 04-2026highest value 06-2026: 2.7%▼ -2.2 percentage points vs 05-2026 07-2026: 2.7%● unchanged vs 06-2026 08-2026: 2.7%● unchanged vs 07-2026 09-2026: 2.7%● unchanged vs 08-2026 10-2026: 3.6%▲ +0.9 percentage points vs 09-2026 11-2026: 3.8%▲ +0.2 percentage points vs 10-2026
Credit of up to €25,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline
Liquidity is ample, with a current ratio of 1.51 (1.38 in 2024), above the usual 1.5. Short-term debt is 61.9% and cash 0% of total assets. However, 68.9% 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 47, micro). It does better than 47% of them on solvency, 16% on liquidity, 30% on profitability and 45% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 196 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.51, cash €844, halved
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 15-05-2026)
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 196 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-05-2026, 196 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
196 days late
2024
8 days late
2023
97 days late
2022
86 days late
2021
53 days late
2020
33 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 79 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 95% of companies in retail tradesector median €41,230 · 22,814 companies €596,930 View
  • Positive: 7 profitable years in a rowprofit 2025: €9,842 7 years View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form changeChange of role: GOKELAERE Stanislas, from manager to director · Resignation: ROBINSON Céline (manager)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as ZORIONN DEVELOPMENT: retail sale of other cultural and recreation goods (NACE 47690). They are comparable in size and age: total assets between €1.3m and €3.1m, founded between 2005 and 2010.

CompanyTotal assetsGross margin
ZORIONN DEVELOPMENT Knokke-Heist€1.9m€0.1m
KVN Consult Zaventem€1.6m€0.1m
DE BROCK GALLERY Knokke-Heist€3.1m€0.2m
KLAVIERMEESTER ORCHESTRA Hasselt€1.3m€0.2m
Mimuze Kalmthout€1.3m€0.2m
Sahara Presentation Systems Europe Gent€2.8m€0.1m
ALIGATOR Elsene€1.5m€0.3m
Full comparison

Key facts about ZORIONN DEVELOPMENT

What is the company number of ZORIONN DEVELOPMENT?
The company number of ZORIONN DEVELOPMENT is 0892.788.988. The VAT number is the same number with BE in front: BE 0892.788.988.
Where is ZORIONN DEVELOPMENT based?
The registered office is at Golvenstraat 6, 8300 Knokke-Heist.Company details
What does ZORIONN DEVELOPMENT do?
According to the KBO register, the main activity is retail sale of other cultural and recreation goods (NACE 47690).
What is the legal form of ZORIONN DEVELOPMENT?
The legal form of ZORIONN DEVELOPMENT is Private limited company (BV).
When was ZORIONN DEVELOPMENT founded?
ZORIONN DEVELOPMENT was founded on 15-10-2007.
Is ZORIONN DEVELOPMENT still active?
Yes, ZORIONN DEVELOPMENT is an active enterprise in the KBO register.
How many employees does ZORIONN DEVELOPMENT have?
ZORIONN DEVELOPMENT had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does ZORIONN DEVELOPMENT fall under?
In its 31-03-2022 annual accounts, ZORIONN DEVELOPMENT states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of ZORIONN DEVELOPMENT?
The turnover in financial year 2025 is ≈ €750,000. This figure is estimated from the gross margin of €125,888 and 212 comparable companies (NACE 47). It probably lies between €410,000 and €1.2m. In financial year 2023 turnover was €2.4m.
Is ZORIONN DEVELOPMENT profitable?
In financial year 2025, ZORIONN DEVELOPMENT made a profit of €9,842.
Where can I find the annual accounts of ZORIONN DEVELOPMENT?
ZORIONN DEVELOPMENT filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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