ZEPHYR - FIN
0455.683.333 · rovalta.com · 24/09/2026
ACTIVE
ZEPHYR - FIN
Financial year 2025 · closed on 31/12/2025
Net result
-155 k €
-254.9% YoY
Gross margin
-155 k €
-254.9% YoY
Equity
197,6 k €
+92.7% YoY
Overview
What does ZEPHYR - FIN do?
ZEPHYR - FIN is a Public limited company incorporated in 1995. Its registered office is in Ixelles.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0455.683.333
Incorporation
20/07/1995
Legal form
Public limited company
Registered office
Avenue Louise 32 box 4
1050 Ixelles · BruxellesSee on map
1050 Ixelles · BruxellesSee on map
Contributed capital
2 563 138,69 €
Latest accounts
31/12/2025
Signals
Solid equityGood liquidity
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | -155 k € | -255% | -43,7 k € | -34.0% | -32,6 k € | +2.1% | -33,3 k € | +24.4% | -44 k € | -102% | -21,8 k € | +43.6% | -38,7 k € | -333% | -8,9 k € | +45.3% | -16,3 k € | – | – | – | – | – | – | – | – | ||||||||
| EBITDA | -155 k € | -255% | -43,7 k € | -34.0% | -32,6 k € | +2.1% | -33,3 k € | +24.4% | -44 k € | -102% | -21,8 k € | +43.6% | -38,7 k € | -333% | -8,9 k € | +45.3% | -16,3 k € | +98.6% | -1,1 M € | -494% | -190,4 k € | +14.9% | -223,7 k € | -19.4% | -187,3 k € | +83.8% | -1,2 M € | +0.9% | -1,2 M € | -26.0% | -924,5 k € | -1085% | -78 k € |
| Operating result | -155 k € | -255% | -43,7 k € | -34.0% | -32,6 k € | +2.1% | -33,3 k € | +24.4% | -44 k € | -102% | -21,8 k € | +43.6% | -38,7 k € | -333% | -8,9 k € | +45.3% | -16,3 k € | +98.6% | -1,1 M € | -494% | -190,4 k € | +14.9% | -223,7 k € | -19.4% | -187,3 k € | +83.8% | -1,2 M € | +0.9% | -1,2 M € | -26.0% | -924,5 k € | -1085% | -78 k € |
| Net result | -155 k € | -255% | -43,7 k € | -34.0% | -32,6 k € | +2.1% | -33,3 k € | +24.4% | -44 k € | -102% | -21,8 k € | +43.6% | -38,7 k € | -333% | -8,9 k € | +45.3% | -16,3 k € | +98.6% | -1,1 M € | -495% | -190 k € | +14.5% | -222,3 k € | -21.9% | -182,3 k € | +84.1% | -1,1 M € | +0.2% | -1,1 M € | -30.2% | -879,6 k € | -161% | 1,4 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 197,6 k € | +92.7% | 102,6 k € | -43.1% | 180,3 k € | -15.3% | 212,9 k € | -13.5% | 246,2 k € | -15.2% | 290,2 k € | -7.0% | 312,1 k € | -11.0% | 350,8 k € | -2.5% | 359,7 k € | +158% | -624 k € | -8675% | 7,3 k € | -96.3% | 197,3 k € | -53.0% | 419,5 k € | -30.3% | 601,8 k € | -51.7% | 1,2 M € | -47.9% | 2,4 M € | -26.9% | 3,3 M € |
| Total assets | 220 k € | +80.4% | 122 k € | -37.8% | 196 k € | -12.8% | 224,8 k € | -11.9% | 255,2 k € | -14.9% | 299,8 k € | -13.9% | 348,4 k € | -2.6% | 357,6 k € | -4.2% | 373,3 k € | -26.0% | 504,2 k € | +158% | 195,5 k € | -53.1% | 416,9 k € | -22.8% | 539,8 k € | -35.8% | 840,9 k € | -48.9% | 1,6 M € | -41.6% | 2,8 M € | -14.4% | 3,3 M € |
| Cash | 219,5 k € | +80.0% | 122 k € | -37.8% | 196 k € | -12.7% | 224,7 k € | -11.9% | 255,1 k € | -14.9% | 299,7 k € | -13.9% | 348,3 k € | -2.6% | 357,5 k € | -4.2% | 373,2 k € | -25.9% | 503,9 k € | +159% | 194,8 k € | -53.0% | 414,5 k € | -22.8% | 537,2 k € | -35.7% | 834,9 k € | -48.8% | 1,6 M € | +665% | 213,2 k € | +207% | 69,4 k € |
| Debts | 21,3 k € | +9.5% | 19,4 k € | +23.4% | 15,7 k € | +32.7% | 11,9 k € | +32.3% | 9 k € | -6.6% | 9,6 k € | -73.6% | 36,3 k € | +428% | 6,9 k € | -49.5% | 13,6 k € | -98.8% | 1,1 M € | +503% | 187 k € | -14.4% | 218,5 k € | +83.6% | 119 k € | -50.1% | 238,3 k € | -40.4% | 400 k € | -6.9% | 429,7 k € | +1780% | 22,9 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 28 ended
Active mandates
Denis RONDAY
ActiveTom FEYS
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
ACKER INVEST● Active | 0471.216.694 |
Avenue Louise 418● Active | 1026.416.683 |
BARLOW RETAIL INVEST● Active | 0568.859.369 |
Belgische Uitvoervereniging● Active | 0409.056.126 |
B FLY CONSTRUCT● Bankrupt | 0872.247.160 |
Capitole Invest● Active | 0848.312.807 |
CASAMAX● Active | 0629.762.503 |
EDELVALK● Active | 0456.701.338 |
EURIS.BE● Liquidation | 0872.908.047 |
FRED AND CO● Active | 0663.582.938 |
Glaszwaan● Active | 0773.990.912 |
Immo Grand Place 5-7● Active | 0473.645.060 |
IMMO NOORD NIEUWSTRAAT● Active | 0860.442.755 |
IMMO RUE NEUVE 13-15● Active | 0476.812.111 |
KABEG● Active | 0890.763.668 |
| 0409.422.053 | |
Louiseville● Active | 0403.305.412 |
Masergy Invest Brussels● Active | 0716.800.504 |
POG VvP2● Active | 0417.095.050 |
Prosilio● Active | 1000.538.766 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 10/04/2026 | 04/04/2025 | 16/04/2024 | 12/04/2023 | 07/04/2022 | 06/04/2021 |
| General meeting | 20/03/2026 | 20/03/2025 | 20/03/2024 | 20/03/2023 | 18/03/2022 | 19/03/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
40 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 20/03/2026 | 10/04/2026 | French | |
| Abridged model | 31/12/2025 | 20/03/2026 | 10/04/2026 | Dutch | |
| Abridged model | 31/12/2024 | 20/03/2025 | 04/04/2025 | French | |
| Abridged model | 31/12/2024 | 20/03/2025 | 04/04/2025 | Dutch | |
| Abridged model | 31/12/2023 | 20/03/2024 | 16/04/2024 | Dutch | |
| Abridged model | 31/12/2023 | 20/03/2024 | 16/04/2024 | French | |
| Abridged model | 31/12/2022 | 20/03/2023 | 12/04/2023 | Dutch | |
| Abridged model | 31/12/2022 | 20/03/2023 | 12/04/2023 | French | |
| Abridged model | 31/12/2021 | 18/03/2022 | 07/04/2022 | French | |
| Abridged model | 31/12/2021 | 18/03/2022 | 07/04/2022 | Dutch | |
| Abridged model | 31/12/2020 | 19/03/2021 | 06/04/2021 | French | |
| Abridged model | 31/12/2020 | 19/03/2021 | 06/04/2021 | Dutch | |
| Abridged model | 31/12/2019 | 19/03/2020 | 14/04/2020 | Dutch | |
| Abridged model | 31/12/2019 | 19/03/2020 | 14/04/2020 | French | |
| Abridged model | 31/12/2018 | 16/05/2019 | 04/06/2019 | Dutch | |
| Abridged model | 31/12/2018 | 16/05/2019 | 04/06/2019 | French | |
| Abridged model | 31/12/2017 | 17/05/2018 | 22/06/2018 | French | |
| Abridged model | 31/12/2017 | 17/05/2018 | 22/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 18/05/2017 | 16/06/2017 | French | |
| Abridged model | 31/12/2016 | 18/05/2017 | 16/06/2017 | Dutch | |
| Full model | 31/12/2015 | 19/05/2016 | 03/06/2016 | Dutch | |
| Full model | 31/12/2015 | 19/05/2016 | 03/06/2016 | French | |
| Full model | 31/12/2014 | 21/05/2015 | 17/06/2015 | Dutch | |
| Full model | 31/12/2014 | 21/05/2015 | 17/06/2015 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 28 ended
Active mandates
Denis RONDAY
ActiveTom FEYS
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates22/06/2026ONTSLAGEN - BENOEMINGEN
- Mandates22/06/2026DEMISSIONS, NOMINATIONS
- Mandates30/12/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates30/12/2025STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Mandates17/04/2024ONTSLAGEN - BENOEMINGEN
- Mandates17/04/2024DEMISSIONS, NOMINATIONS
- Mandates04/10/2023ONTSLAGEN - BENOEMINGEN
- Mandates04/10/2023DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-155 k €↓
- 2024Annual accounts 2024-43,7 k €↓
- 2022Annual accounts 2022-32,6 k €↑
- 2021Annual accounts 2021-33,3 k €↑
- 2020Annual accounts 2020-44 k €↓
- 2019Annual accounts 2019-21,8 k €↑
- 2018Annual accounts 2018-38,7 k €↓
- 2017Annual accounts 2017-8,9 k €↑
- 2016Annual accounts 2016-16,3 k €↑
- 2015Annual accounts 2015-1,1 M €↓
- 2014Annual accounts 2014-190 k €↑
- 2013Annual accounts 2013-222,3 k €↓
- 2012Annual accounts 2012-182,3 k €↑
- 2011Annual accounts 2011-1,1 M €↑
- 2010Annual accounts 2010-1,1 M €↓
- 2009Annual accounts 2009-879,6 k €↓
- 2008Annual accounts 20081,4 M €
- 20/07/1995IncorporationPublic limited company