ZWINA
ActiveZWINA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €183k and a net result of €83k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 84% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+35
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.84 against 1.61 in 2023; short-term debt: 25.5% and cash: 34.9% of total assets), and 25.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
61 d late
2022
23 d late
2021
27 d early
2020
9 d early
2019
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€183k▲ 83.3%
2023 · €100k
2018: €6k
2019: €-18k
2020: €-20k
2021: €-18k
2022: €-9k
2023: €100k
2018 → 2024
Total assets
€246k▼ 2.7%
2023 · €252k
2018: €11k
2019: €2k
2020: €319
2021: €1k
2022: €58k
2023: €252k
2018 → 2024
Net result
€83k▼ 23.7%
2023 · €109k
2018: €-2k
2019: €-23k
2020: €-2k
2021: €1k
2022: €9k
2023: €109k
2018 → 2024
Working capital
€178k▲ 90.9%
2023 · €93k
2018: €6k
2019: €-18k
2020: €-20k
2021: €-18k
2022: €-17k
2023: €93k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-20k-€-18k▲ 5.8%€-9k▲ 50.5%€100k€183k▲ 83.3%
Operating result€-100-€1k€10k▲ 711%€108k▲ 1,025%€83k▼ 22.7%
Net result€-2k-€1k€9k▲ 724%€109k▲ 1,071%€83k▼ 23.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €246k
Fixed assets
€6k▼ 19.2%
Current assets
€240k▼ 2.2%
Equity and liabilities €246k
Equity
€183k▲ 83.3%
Debt
€63k▼ 59.0%
The debt ratio falls from 60.4% to 25.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€85k▼
2023 · €109k
Cash flow
€85k▼
2023 · €110k
Solvency
74.5%▲
2023 · 39.6%
Current ratio
3.84▲
2023 · 1.61
Quick ratio
1.37▲
2023 · 0.90
Debt / equity
0.34▼
2023 · 1.53
ROE
45.4%▼
2023 · 109.1%
ROA
33.9%▼
2023 · 43.2%
Interest coverage
484.03▼
2023 · 1551.39
Debt
€63k▼
2023 · €153k
Debt ≤ 1 year
€63k▼
2023 · €153k
Staff costs
€14k▼
2023 · €24k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€252k€246k▼
Fixed assets21/28€7k€6k▼
Intangible fixed assets21€6k€6k▼
Tangible fixed assets22/27€533-
Plant, machinery and equipment23€533-
Current assets29/58€246k€240k▼
Stocks and contracts in progress3€108k€154k▲
Stocks30/36€108k€154k▲
Cash at bank and in hand54/58€138k€86k▼
Equity and liabilities
Total equity and liabilities10/49€252k€246k▼
Equity10/15€100k€183k▲
Contributions10/11€6k€6k=
Reserves13€93€93=
Non-distributable reserves130/1€93€93=
Reserves not available under the articles1311€93€93=
Profit (loss) carried forward14€94k€177k▲
Amounts payable17/49€153k€63k▼
Amounts payable within one year42/48€153k€63k▼
Trade debts44€74k€23k▼
Suppliers440/4€74k€23k▼
Taxes, remuneration and social security45€47k€40k▼
Taxes450/3€17k€19k▲
Remuneration and social security454/9€29k€21k▼
Other amounts payable47/48€32k-
Income statement
Code20232024
Remuneration, social security and pensions62€24k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€523€2k▲
Gross operating margin9900€134k€100k▼
Operating profit (loss)9901€108k€83k▼
Financial income75/76B€3k-
Recurring financial income75€3k-
Non-recurring financial income76B€3k-
Financial charges65/66B€70€175▲
Recurring financial charges65€70€175▲
Profit (loss) for the period before taxes9903€111k€83k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€109k€83k▼
Profit (loss) for the period to be appropriated9905€109k€83k▼
Appropriation of the result
Profit (loss) to be appropriated9906€94k€177k▲
Profit (loss) brought forward from the previous period14P€-15k€94k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 3.84
Current ratio from 1.61 to 3.84; short-term debt falls from €153k to €63k.
31-12
Financial
Equity above €150kEq €183k ▲83.3%
4 profitable years in a row build equity to €183k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2018net €109k ▲1071%
Operating result €108k, net result €109k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.61
Current ratio from 0.74 to 1.61.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
24-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 146 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 2016
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.
Gentsesteenweg 731080 Sint-Jans-MolenbeekGround area
146 m²
Building footprint
154 m²
Volume, LiDAR
1,105 m³
Parcel 21522B0150/00E000, Brussels · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gentsesteenweg 73, 1080 Sint-Jans-Molenbeek
since 20162.253.361.072
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0150/00E000 | Brussels | 146 m² | 1 · 154 m² | 13.6 m · 2 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.
Similar companies · same sector, comparable size
NEW BRAND PERFUMES
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HAIR CONCEPT
BE 0476.721.148
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BIOSCIENCES SHIFT
BE 0840.325.153
Quiévrain · Eq €185k
NYLS
BE 0578.906.193
Jette · Eq €187k
PRIDEFI
BE 0457.854.252
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Of 2,071 companies in sector 47750 we hold annual accounts for 518. 338 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2016
Fiscal year end31-12
Activities, NACEBEL
47553Retail trade
47593Retail trade
47750Retail sale of cosmetics and toilet articles
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.