ZORREL
The computed 12-month bankruptcy probability of ZORREL is 0.9% (low). The 2025 annual accounts show negative equity (€-447k) and a net result of €-151k. Equity is shrinking by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 15% of 55 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-447k |
| Net result | €-151k |
| Better than sector | 15% |
| Active | 4 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -23.5% | 22.6% | |
| Net result | €-151k | €24k | |
| Equity | €-447k | €137k | |
| Gross operating margin | €-13k | €427k | |
| Total assets | €1.90M | €892k |
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-20k |
| Net profit | €-151k |
| Cash flow | €-122k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.90M |
| Equity | €-447k |
| Debt | €2.35M |
| of which ≤ 1y | €144k |
| of which > 1y | €2.21M |
| Working capital | €351k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 3.44 |
| Quick ratio | 3.44 |
| Working capital ratio | 18.4% |
| Solvency | -23.5% |
| Debt / equity | -5.26 |
| Long-term debt ratio | -4.94 |
| Interest coverage | -0.19 |
| Gross margin | - |
| Net margin | - |
| ROA | -7.9% |
| ROE | 33.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.90M |
| Fixed assets | 21/28 | €1.41M |
| Tangible fixed assets | 22/27 | €1.41M |
| Current assets | 29/58 | €495k |
| Amounts receivable within one year | 40/41 | €16k |
| Cash & bank | 54/58 | €478k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.90M |
| Equity | 10/15 | €-447k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €-547k |
| Amounts payable | 17/49 | €2.35M |
| Amounts payable after one year | 17 | €2.21M |
| Amounts payable within one year | 42/48 | €144k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €-13k |
| Operating result | 9901 | €-49k |
| Financial charges | 65 | €102k |
| Result before taxes | 9903 | €-151k |
| Net result for the period | 9904 | €-151k |
| Result to be appropriated | 9905 | €-151k |
| NACE primary | Activiteiten van paardensportclubs(93127) |
| Legal form | Private limited company(610) |
| Incorporation | 26-04-2022 |
| Status | Active |
| Postal code | 1861 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017C0200/00C000 | Flanders | 855 m² | 1 · 263 m² | 7.0 m · 2 fl. |
| 23093E0199/00F000 | Flanders | 557 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-03-2023 SD Bedrijfsrevisoren appointed as statutory auditor
- SD Bedrijfsrevisoren, Commissaris
Technical details
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"via_org": {
"kbo": "0456.567.023",
"name": "SD Bedrijfsrevisoren",
"address": "Koningin Astridlaan 49, 1780 Wemmel",
"country": "BE",
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},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "Op de bijzondere algemene vergadering van 20 januari 2023 werd benoemd tot commissaris van de vennootschap: SD Bedrijfsrevisoren, kantoor houdende te 1780 Wemmel, Koningin Astridlaan 49, ingeschreven in het rechtspersonenregister te Brussel, Nederlandstalige afdeling, onder nummer 0456.567.023, vast",
"decharge_status": null,
"mandate_duration": {
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"notary": {
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},
"act_meta": {
"language": "mixed",
"pub_date": "2023-03-07",
"filing_date": "2023-02-27",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2023-01-20",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0785.436.615",
"name_full": "Zorrel",
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"publication_proxy": {
"kind": "person",
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"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ZORREL |