ZAAF
0476.447.865 · rovalta.com · 06/11/2026
ACTIVE
ZAAF
Financial year 2025 · Closed on 31/12/2025
Net result-100,2 k €-104,9 %over 1 year
Gross margin-191,8 k €-109,7 %over 1 year
Equity9,3 M €-1,0 %over 1 year
Overview
Identity
Source · BCE/KBOZAAF is a Private limited company incorporated in 2001. Its main activity is: Support activities to performing arts. Its registered office is in Leuven.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0476.447.865
- Incorporation
- 24/12/2001
- Legal form
- Private limited company
- Registered office
- Frederik Lintsstraat 61
3000 Leuven · FlandreSee on map - Contributed capital
- 6 200,00 €
- Latest accounts
- 31/12/2025
Activities (NACE)
90023Support activities to performing arts· main90393Creative, arts and entertainment activities92313Gambling and betting activities59113Motion picture, video and television programme production activities59113Motion picture, video and television programme production activities59130Motion picture, video and television programme distribution activities+9
Signals
Solid equityLow riskGood liquidity
Financials
Source · NBB, 20 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | -191,8 k € | -110% | 2 M € | +48504% | 4,1 k € | +104% | -111,5 k € | -158% | 193,8 k € |
| EBITDA | -215,2 k € | -111% | 2 M € | +98380% | 2 k € | +102% | -114 k € | -159% | 192,1 k € |
| Operating result | -228,8 k € | -112% | 2 M € | +18968% | -10,5 k € | +91.6% | -124,3 k € | -168% | 183 k € |
| Net result | -100,2 k € | -105% | 2 M € | +1098% | 171,1 k € | -93.0% | 2,4 M € | +1012% | 219,8 k € |
| Balance sheet | |||||||||
| Equity | 9,3 M € | -1.0% | 9,4 M € | +28.0% | 7,3 M € | +2.4% | 7,1 M € | +51.9% | 4,7 M € |
| Total assets | 10,4 M € | -1.1% | 10,5 M € | +26.6% | 8,3 M € | +0.2% | 8,3 M € | +60.8% | 5,2 M € |
| Cash | 459 k € | -58.1% | 1,1 M € | +100% | 547,6 k € | -46.5% | 1 M € | +69.6% | 603,4 k € |
| Debts | 1,1 M € | -1.2% | 1,2 M € | +16.6% | 995 k € | -13.5% | 1,2 M € | +154% | 453,7 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Maurits Lemmens | DirectorManager2023 accountsended |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 30/08/2026 | 09/10/2025 | 02/10/2024 | 11/10/2023 | 19/08/2022 | 26/08/2021 |
| General meeting | 20/06/2026 | 30/06/2025 | 06/09/2024 | 17/06/2023 | 31/07/2022 | 31/07/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 20/06/2026 | 30/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 30/06/2025 | 09/10/2025 | Dutch | |
| Micro model | 31/12/2023 | 06/09/2024 | 02/10/2024 | Dutch | |
| Micro model | 31/12/2022 | 17/06/2023 | 11/10/2023 | Dutch | |
| Micro model | 31/12/2021 | 31/07/2022 | 19/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 31/07/2021 | 26/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 31/07/2020 | 28/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 15/06/2019 | 29/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 31/07/2018 | 31/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 17/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 18/06/2016 | 30/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 20/06/2015 | 27/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 21/06/2014 | 04/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 29/03/2013 | 27/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 16/06/2012 | 21/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 18/06/2011 | 21/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 19/06/2010 | 12/10/2010 | Dutch | |
| Abridged model | 31/12/2008 | 20/06/2009 | 30/09/2009 | Dutch | |
| Abridged model | 31/12/2007 | 21/06/2008 | 29/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 16/06/2007 | 22/08/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 M€
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
Board of directors
Source · NBB, accounts to 31/12/20251 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Maurits Lemmens | DirectorManager2023 accountsended |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official GazetteSimilar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Maurits Lemmens
20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
ZAAF
Frederik Lintsstraat 61, 3000 LeuvenRegenboogstraat 3, 2500 Lier
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Frederik Lintsstraat 61, 3000 LeuvenCurrent | accounts 2025 | Accounts 2025 · 2026-00458944 |
| Regenboogstraat 3, 2500 Lier | accounts 2021 → 2024 | Accounts 2024 · 2025-00537157 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| ZAAFCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00458944 |
Events
- 2025Annual accounts 2025-100,2 k €↓
- 2024Annual accounts 20242 M €↑
- 2023Annual accounts 2023171,1 k €↓
- 2022Annual accounts 20222,4 M €↑
- 2021Annual accounts 2021219,8 k €↑
- 2020Annual accounts 2020160,5 k €↓
- 2019Annual accounts 20192,2 M €↑
- 2018Annual accounts 2018370,8 k €↑
- 2017Annual accounts 2017320,8 k €↑
- 2016Annual accounts 2016287 k €↓
- 2015Annual accounts 2015376,4 k €↓
- 2014Annual accounts 2014760,7 k €↑
- 2013Annual accounts 2013102,9 k €↓
- 2012Annual accounts 2012125,8 k €↓
- 2011Annual accounts 2011787,7 k €↑
- 2009Annual accounts 2009111,5 k €↑
- 2008Annual accounts 200887,6 k €↓
- 2007Annual accounts 2007224,9 k €
- 24/12/2001IncorporationPrivate limited company