Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
R & Z from Knokke-Heist, company number BE0863151134, closed financial year 2025 with a result of € 11,287 after tax. For that financial year R & Z recorded a gross margin of € 55,186 and equity of € -24,841. Compared with financial year 2024, the result moved from € 4,648 to € 11,287. Profitable, and profit is growing. 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 July 22, 2026.
€ -24,841
▲ € 11,287 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,287
▲ 143% vs 2024
Profit after tax over the fiscal year.
€ 9,875
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -73,441.
People and assets in 2025
€ 898
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,192
▼ 34% vs 2024
Of which on lease € 6,817.
Debts at end 2025
€ 78,901
▼ 29% vs 2024
€ 34,610 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 18,759
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,832
▲ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 61,004 | € 44,021 | € 41,133 | € 55,186 | ▲ 34% |
| Profit after taxes | € 20,655 | € 8,929 | € 4,648 | € 11,287 | ▲ 143% |
| Equity | € -49,705 | € -40,775 | € -36,128 | € -24,841 | ▲ € 11,287 |
| Total debts | € 173,423 | € 172,153 | € 155,560 | € 112,435 | ▼ 28% |
| Cash | € 24,922 | € 29,962 | € 15,614 | € 9,875 | ▼ 37% |
| Land & buildings | € 61,467 | € 65,322 | € 50,573 | € 35,824 | ▼ 29% |
| Retained profit | € -98,305 | € -89,375 | € -84,728 | € -73,441 | ▲ € 11,287 |
| Bank debt | € 131,003 | € 138,282 | € 110,975 | € 78,901 | ▼ 29% |
| Balance sheet total | € 123,719 | € 131,378 | € 119,433 | € 87,594 | ▼ 27% |
| Employees (FTE) | 0.1 | - | - | - |
Key figures of R & Z, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to R & Z?
What happened at R & Z in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,287 (▲ 143% vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,655 profit in 2022 to € 11,287 profit in 2025.
Paid € 13,719 in corporate taxes since 2022.
Best year ever: 2022, with € 20,655 profit.
A new publication or filing at R & Z? We notify you, reason included.
Follow R & ZDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind R & Z are Zeba Osmani and Rafiullah Rafie. The same people are also behind SAM.
Establishments
Establishment units
Physical locations of this company
Kursaalstraat 33
8301 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0863.151.134
- VAT number
- BE 0863.151.134
- Registered office
- Kursaalstraat 33, 8301 Knokke-Heist
- Names & denominations
- R & Z
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2004
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Overige diensten op het gebied van informatietechnologie en computer
Overige activiteiten in verband met computers