ZENO-Indices
0736.996.694 · rovalta.com · 26/09/2026
ACTIVE
ZENO-Indices
Financial year 2025 · Closed on 31/12/2025
Net result-113,1 k €-85,5 %over 1 year
Gross margin44 k €-4,5 %over 1 year
Equity202,1 k €-38,0 %over 1 year
Workforce1,2 ETP+20,0 %over 1 year
Overview
Identity
Source · BCE/KBOZENO-Indices is a Public limited company incorporated in 2019. Its main activity is: Other software publishing. Its registered office is in Liège. It employs on average 1,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0736.996.694
- Incorporation
- 31/10/2019
- Legal form
- Public limited company
- Registered office
- Esplanade Simone VEIL 1
4000 Liège · WallonieSee on map - Contributed capital
- 455 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 1,2 ETP
Activities (NACE)
Joint committees (1)
- 200
Signals
Solid equityGood liquidityHealthy social debts
Financials
Source · NBB, 6 filingsTrend over 6 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 44 k € | -4.5% | 46,1 k € | -11.5% | 52 k € | +425% | 9,9 k € | +256% | -6,4 k € |
| EBITDA | -57,4 k € | -39.7% | -41,1 k € | -326% | -9,6 k € | -64.3% | -5,9 k € | +58.9% | -14,3 k € |
| Operating result | -122,3 k € | -66.6% | -73,4 k € | -129% | -32 k € | -39.2% | -23 k € | +24.4% | -30,4 k € |
| Net result | -113,1 k € | -85.5% | -61 k € | -97.4% | -30,9 k € | -38.9% | -22,2 k € | +25.1% | -29,7 k € |
| Balance sheet | |||||||||
| Equity | 202,1 k € | -38.0% | 325,8 k € | -5.4% | 344,4 k € | +290% | 88,3 k € | +25.2% | 70,5 k € |
| Total assets | 478,4 k € | +32.7% | 360,5 k € | -1.0% | 364,2 k € | +292% | 92,8 k € | +25.0% | 74,3 k € |
| Cash | 83,8 k € | +65.6% | 50,6 k € | -79.8% | 251,1 k € | +879% | 25,6 k € | +71.2% | 15 k € |
| Debts | 271,1 k € | +683% | 34,6 k € | +74.3% | 19,9 k € | +334% | 4,6 k € | +20.4% | 3,8 k € |
| Other | |||||||||
| Workforce | 1,2 ETP | +20.0% | 1,0 ETP | 0.0% | 1,0 ETP | +233% | 0,3 ETP | -66.7% | 0,9 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20255 active · 7 ended
Active mandates
Luc LERUTH
ActiveYves CRAMA
ActiveJean-Baptiste LE HEN
ActiveActive
Vincent DESCAMPS
ActiveEnded mandates
Vincent DESCAMPS
EndedBernard HERMANT
EndedBernard HERMANT
EndedLuc Leruth
EndedOther companies at this address
Esplanade Simone VEIL 1 4000 Liège| Company | CBE no. |
|---|---|
18.24 Agency● Active | 0749.671.032 |
ACTICARGO● Active | 1039.306.302 |
AD And Partner● Active | 1018.445.758 |
Aïssako● Active | 1025.564.865 |
AML Services● Active | 0771.320.640 |
ANA CREATIVES● Active | 1023.972.283 |
ANOMIS● Active | 0745.547.740 |
ARXEN● Active | 1025.285.347 |
ASTREIYA● Bankrupt | 0800.053.624 |
B&A CONCEPT● Active | 0697.853.137 |
Batisphère Construction● Active | 1004.773.609 |
beCAD● Active | 0809.610.203 |
Bnewable Ground● Active | 0799.563.377 |
CAIR BELGIUM● Active | 0870.712.778 |
Clinova Health● Active | 1038.833.178 |
CONCRIT● Active | 0561.905.360 |
CONVERT PHARMACEUTICALS● Active | 0671.828.631 |
Customs Facility Agency● Active | 1030.130.397 |
CVE INVEST● Active | 0724.730.550 |
| 0737.751.316 |
Financials
Full financial information
Source · NBB| 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 | 31/10/2019 |
| 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 | 15 months |
| Filing date | 28/05/2026 | 03/06/2025 | 07/05/2024 | 06/04/2023 | 22/06/2022 | 25/05/2021 |
| General meeting | 27/04/2026 | 16/05/2025 | 29/04/2024 | 21/03/2023 | 24/05/2022 | 26/04/2021 |
| 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, 6 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 27/04/2026 | 28/05/2026 | French | |
| Abridged model | 31/12/2024 | 16/05/2025 | 03/06/2025 | French | |
| Abridged model | 31/12/2023 | 29/04/2024 | 07/05/2024 | French | |
| Abridged model | 31/12/2022 | 21/03/2023 | 06/04/2023 | French | |
| Abridged model | 31/12/2021 | 24/05/2022 | 22/06/2022 | French | |
| Abridged model | 31/12/2020 | 26/04/2021 | 25/05/2021 | French |
Valuation
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
Board of directors
Source · NBB, accounts to 31/12/20255 active · 7 ended
Active mandates
Luc LERUTH
ActiveYves CRAMA
ActiveJean-Baptiste LE HEN
ActiveActive
Vincent DESCAMPS
ActiveEnded mandates
Vincent DESCAMPS
EndedBernard HERMANT
EndedBernard HERMANT
EndedLuc Leruth
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates24/06/2026Renouvellement des mandats d'Administrateurs
- Other03/07/2024RENOUVELLEMENT - POUVOIRS
- Capital / shares21/12/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
- Capital / shares23/11/2023CAPITAL, ACTIONS
- Mandates22/06/2023DEMISSIONS, NOMINATIONS
- Registered office17/06/2021SIEGE SOCIAL
- Mandates24/02/2020DEMISSIONS, NOMINATIONS
- Other05/11/2019RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-113,1 k €↓
- 2024Annual accounts 2024-61 k €↓
- 2023Annual accounts 2023-30,9 k €↓
- 2022Annual accounts 2022-22,2 k €↑
- 2021Annual accounts 2021-29,7 k €↓
- 2020Annual accounts 2020-27,8 k €
- 31/10/2019IncorporationPublic limited company