ACTIVE

ZARO

Financial year 2025 · Closed on 31/12/2025

Net result438,3 k €+41,6 %over 1 year

Revenue1,3 M €-35,8 %over 1 year

Equity3,6 M €+13,7 %over 1 year

Identity

Source · BCE/KBO

ZARO is a Public limited company incorporated in 1998. Its main activity is: Air transport. Its registered office is in Kontich.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0464.715.617
Incorporation: 02/12/1998
Legal form: Public limited company
Registered office: Satenrozen 2A
2550 Kontich · FlandreSee on map
Contributed capital: 762 105,82 €
Latest accounts: 31/12/2025

Activities (NACE)

51410Air transport· main 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 46412Wholesale of textiles 46412Wholesale of textiles

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 21 filings

Trend over 15 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,3 M €	-35.8%	2,1 M €	-8.3%	2,2 M €	+8.1%	2,1 M €	+2.9%	2 M €
EBITDA	1,2 M €	-39.3%	2,1 M €	+0.0%	2,1 M €	+5.8%	1,9 M €	+2.3%	1,9 M €
Operating result	774,9 k €	+4.0%	745,3 k €	+16.8%	638,1 k €	-0.1%	638,5 k €	+17.4%	544,1 k €
Net result	438,3 k €	+41.6%	309,6 k €	+28.5%	240,9 k €	-25.7%	324,1 k €	+19.7%	270,7 k €
Balance sheet
Equity	3,6 M €	+13.7%	3,2 M €	+10.7%	2,9 M €	+9.1%	2,6 M €	+14.0%	2,3 M €
Total assets	13 M €	+32.1%	9,9 M €	-15.1%	11,6 M €	-9.1%	12,8 M €	+6.5%	12 M €
Cash	486,3 k €	+344%	109,6 k €	+698%	13,7 k €	-96.4%	386,7 k €	-25.7%	520,5 k €
Debts	9,4 M €	+43.1%	6,6 M €	-24.8%	8,7 M €	-13.8%	10,1 M €	+4.7%	9,7 M €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bru Holding0720.851.639Represented by Gary Neiman	Managing director19/02/2019 → 16/06/2028
NAV Holding0720.851.936Represented by Jason Neiman	Managing director19/02/2019 → 16/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BRU TEXTILES0453.835.284Represented by Gary Neiman	Managing director27/06/2016 → 2018 accounts
Gary Neiman	Director29/06/2015 → 2018 accounts
Jason Neiman	Director29/06/2015 → 2018 accounts

Other companies at this address

Satenrozen 2A 2550 Kontich

Company	CBE no.
BRU● Active	0500.958.379
Bru Holding● Active	0720.851.639
BRU TEXTILES● Active	0453.835.284
Seenspire● Active	0662.484.462

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	03/07/2026	10/07/2025	11/07/2024	30/06/2023	30/06/2022	29/06/2021
General meeting	15/06/2026	16/06/2025	20/06/2024	15/06/2023	15/06/2022	15/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	03/07/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	10/07/2025	Dutch	PDF
Full model	31/12/2023	20/06/2024	11/07/2024	Dutch	PDF
Full model	31/12/2022	15/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	15/06/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	15/06/2021	29/06/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	13/07/2020	Dutch	PDF
Full model	31/12/2018	30/08/2019	02/09/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	11/07/2018	Dutch	PDF
Full model	31/12/2016	28/06/2017	19/07/2017	Dutch	PDF
Full model	31/12/2015	27/06/2016	25/07/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	29/07/2015	Dutch	PDF
Full modelCorrection	31/12/2013	27/06/2014	24/10/2014	Dutch	PDF
Full model	31/12/2013	27/06/2014	31/07/2014	Dutch	PDF
Full model	31/12/2012	29/06/2013	25/07/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	11/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	19/07/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	30/06/2010	Dutch	PDF
Full model	31/12/2008	18/06/2009	20/07/2009	Dutch	PDF
Full model	31/12/2007	25/06/2008	24/07/2008	Dutch	PDF
Full model	31/12/2006	15/06/2007	29/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bru Holding0720.851.639Represented by Gary Neiman	Managing director19/02/2019 → 16/06/2028
NAV Holding0720.851.936Represented by Jason Neiman	Managing director19/02/2019 → 16/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BRU TEXTILES0453.835.284Represented by Gary Neiman	Managing director27/06/2016 → 2018 accounts
Gary Neiman	Director29/06/2015 → 2018 accounts
Jason Neiman	Director29/06/2015 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2014
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings15 filings

Mandates

Bru Holding

NAV Holding

BRU TEXTILES

Jason Neiman

Gary Neiman

Bru Group

1998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

ZARO

Satenrozen 2A, 2550 Kontich

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Satenrozen 2A, 2550 KontichCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00258500

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ZAROCurrent	accounts 2009 → 2025	Accounts 2025 · 2026-00258500

Events

2025
Annual accounts 2025438,3 k €↑
2024
Annual accounts 2024309,6 k €↑
2023
Annual accounts 2023240,9 k €↓
2022
Annual accounts 2022324,1 k €↑
2021
Annual accounts 2021270,7 k €↑
2019
Annual accounts 2019235,3 k €↑
2018
Annual accounts 2018107,3 k €↑
2017
Annual accounts 2017101,1 k €↑
2016
Annual accounts 201635,3 k €↑
2015
Annual accounts 201535 k €↑
2014
Annual accounts 201415,9 k €↓
2012
Annual accounts 201282,9 k €↓
2011
Annual accounts 201187,5 k €↓
2010
Annual accounts 201097,2 k €↑
2009
Annual accounts 200982,5 k €
02/12/1998
IncorporationPublic limited company

ZARO

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events