Zonder Handen
ActiveSummary
Zonder Handen has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €650k and a net result of €-36k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 8.18 against 7.28 in 2024; short-term debt: 11.5% and cash: 84.4% of total assets), and 19.9% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.1%
Return on assets
-4.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-36k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
70 d early
2023
19 d early
2022
31 d early
2021
24 d early
2020
8 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-36k▼ 159%
2024 · €-14k
2018: €2k
2019: €51k
2020: €4k
2021: €3k
2022: €32k
2023: €15k
2024: €-14k
2018 → 2025
Working capital
€674k▼ 8.0%
2024 · €732k
2018: €263k
2019: €329k
2020: €372k
2021: €395k
2022: €372k
2023: €412k
2024: €732k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€196k-€227k▲ 16.3%€258k▲ 13.6%€691k▲ 167%€650k▼ 5.8%
Operating result€3k-€32k▲ 857%€15k▼ 52.6%€-14k€-36k▼ 154%
Net result€3k-€32k▲ 989%€15k▼ 51.6%€-14k€-36k▼ 159%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36k in 2025 against €14k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €812k
Fixed assets
€45k ▼ 16.8%
Current assets
€767k ▼ 9.6%
Equity and liabilities €812k
Equity
€650k ▼ 5.8%
Debt
€162k ▼ 23.8%
Debt's share of the balance-sheet total falls from 23.5% to 19.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-27k▼
2024 · €-5k
Cash flow
€-27k▼
2024 · €-5k
Current ratio
8.18▲
2024 · 7.28
Debt to equity
0.25▼
2024 · 0.31
ROE
-5.6%▼
2024 · -2.0%
ROA
-4.5%▼
2024 · -1.5%
Interest coverage
-59.53▼
2024 · -9.29
Debt ≤ 1 year
€94k▼
2024 · €117k
Staff costs
€683k▲
2024 · €637k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€903k€812k▼
Fixed assets21/28€54k€45k▼
Tangible fixed assets22/27€53k€44k▼
Plant, machinery and equipment23€12k€7k▼
Furniture and vehicles24€41k€37k▼
Financial fixed assets28€1k€1k=
Current assets29/58€849k€767k▼
Amounts receivable within one year40/41€31k€60k▲
Trade receivables40€13k€59k▲
Other amounts receivable41€18k€615▼
Cash at bank and in hand54/58€698k€686k▼
Deferred charges and accrued income490/1€120k€22k▼
Equity and liabilities
Total equity and liabilities10/49€903k€812k▼
Equity10/15€691k€650k▼
Reserves13€135k€135k=
Profit (loss) carried forward14€94k€58k▼
Investment grants15€462k€458k▼
Amounts payable17/49€213k€162k▼
Amounts payable within one year42/48€117k€94k▼
Trade debts44€30k€9k▼
Suppliers440/4€30k€9k▼
Taxes, remuneration and social security45€87k€84k▼
Taxes450/3€12k€21k▲
Remuneration and social security454/9€75k€64k▼
Accrued charges and deferred income492/3€96k€68k▼
Income statement
Code20242025
Non-recurring operating income76A€1k€4k▲
Remuneration, social security and pensions62€637k€683k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€656€754▲
Non-recurring operating charges66A€62€47▼
Gross operating margin9900€633k€656k▲
Operating profit (loss)9901€-14k€-36k▼
Financial income75/76B€938€728▼
Recurring financial income75€938€728▼
Financial charges65/66B€535€460▼
Recurring financial charges65€535€460▼
Profit (loss) for the period before taxes9903€-14k€-36k▼
Profit (loss) for the period9904€-14k€-36k▼
Profit (loss) for the period to be appropriated9905€-14k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€94k€58k▼
Profit (loss) brought forward from the previous period14P€108k€94k▼
Social balance
Average headcount (FTE)908711.911.6▼
The notes to these accounts (8 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €691k ▲167%
Equity rises from €258k to €691k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €227k ▲16.3%
5 profitable years in a row build equity to €227k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €51k ▲3215%
Operating result €50k, net result €51k, both a record.
31-12
Financial
Equity above €150kEq €189k ▲36.8%
2 profitable years in a row build equity to €189k.
Show earlier events
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Sint-Jans-Molenbeek · 1 establishment unit since 2012
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.
Steenweg op Merchtem 91080 Sint-Jans-MolenbeekGround area
506 m²
Parcel 21522B0194/00N000, Brussels. Linked by address, not a title deed.
1 establishment unit
Zonder Handen (Nederlands)
since 20122.206.258.862
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0194/00N000 | Brussels | 506 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 13 entries · 1,566,321 EUR awarded · 1,251,733 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 208,674 EUR | 208,399 EUR |
| 2024 | 4 | 961,940 EUR | 661,495 EUR |
| 2023 | 3 | 203,624 EUR | 254,025 EUR |
| 2022 | 4 | 192,083 EUR | 127,814 EUR |
Schemes
Vlaams Brusselfonds
Circuskunsten: Werkingssubsidie voor een circusatelier (Circusdecreet 2019)
Cultuur: Tewerkstellingssubsidie voor een organisatie in het culturele veld volgens de Vlaamse Intersectorale Akkoorden (VIA) (Decreet Vlaamse Intersectorale Akkoorden 2004)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Circuskunsten: Werkingssubsidie voor een steunpunt voor circuskunsten (Circusdecreet 2019)
Similar companies · same sector, comparable size
Art Basics for Children
BE 0460.204.424
Schaarbeek · Eq €648k
CIRCOMEDIE
BE 0475.514.883
Fleurus · Eq €613k
Grensacademie voor podiumkunsten
BE 0863.322.467
Baarle-Hertog · Eq €611k
RONNY
BE 0461.970.418
Schoten · Eq €591k
Huis van het Leren - West-Vlaanderen
BE 0874.547.743
Brugge · Eq €535k
Of 1,999 companies in sector 85520 we hold annual accounts for 121. 61 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded15-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
85520Cultural education
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.