Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ZIRBELHOF AUF KIEFERNHOHE from Raeren, company number BE0439980716, closed financial year 2024 with a result of € -125,453 after tax. For that financial year ZIRBELHOF AUF KIEFERNHOHE recorded a gross margin of € 54,346 and equity of € -646,677. Compared with financial year 2023, the result moved from € -114,790 to € -125,453. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.
€ -646,677
▼ € 125,453 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -125,453
▼ 9 % more loss than in 2023
Profit after tax over the fiscal year.
€ 22,299
▲ 122% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -832,597.
People and assets in 2024
€ 120,658
▲ 58% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 65,422
▲ 30% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 380,000
Loans from banks and other lenders, long and short.
€ 133,479
▲ 116% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 17,180
▲ 58% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 3,384 | € -48,865 | € 14,200 | € 54,346 | ▲ 283% |
| Profit after taxes | € -14,945 | € -122,130 | € -114,790 | € -125,453 | ▼ € 10,664 |
| Equity | € -284,304 | € -406,434 | € -521,224 | € -646,677 | ▼ € 125,453 |
| Total debts | € 455,917 | € 748,062 | € 880,693 | € 1,097,317 | ▲ 25% |
| Cash | € 212 | € 5,336 | € 10,063 | € 22,299 | ▲ 122% |
| Land & buildings | € 80,969 | € 121,738 | € 243,666 | € 249,360 | ▲ 2% |
| Retained profit | € -470,224 | € -592,354 | € -707,144 | € -832,597 | ▼ € 125,453 |
| Bank debt | € 348,000 | € 380,000 | € 380,000 | € 380,000 | |
| Balance sheet total | € 171,614 | € 341,628 | € 359,469 | € 450,640 | ▲ 25% |
Key figures of ZIRBELHOF AUF KIEFERNHOHE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ZIRBELHOF AUF KIEFERNHOHE?
What happened at ZIRBELHOF AUF KIEFERNHOHE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eva-Maria MILBRANDT stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 125,453. filed late Source: NBB ↗
- Eva-Maria MILBRANDT became a director. NBB
- New establishment in Raeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,945 loss in 2021 to € 125,453 loss in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Eva-Maria MILBRANDT
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Frepert 99
4730 Raeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.980.716
- VAT number
- BE 0439.980.716
- Registered office
- Frepert 99, 4730 Raeren
- Names & denominations
- ZIRBELHOF AUF KIEFERNHOHE · ZIRBELHOF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 1990
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
Schapen-, geiten-, paarden-, ezel-, muildieren- of muilezelhouderij
Fokken en houden van paarden en andere paardachtigen
Pensions voor huisdieren
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Exploitatie van sportaccommodaties
Exploitatie van overige sportinstallaties en -accomodaties
Beheer van residentiële gebouwen