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TZIGANE

Active
Private limited companyfounded 200026 yrs activeKloosterstraat(BOR) 26, 2880 Bornem, BelgiumKBO/BCE: BE 0470.865.813

TZIGANE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €-3k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 33% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
38 / 100
Weak▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-42
Solvency39▲+3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.63 against 0.35 in 2024), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
29.2%
Return on assets
-1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
3 d late
2021
1 d early
2020
on the day
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€75k▲ 1.5%
2024 · €73k
2018: €28k 2019: €46k 2020: €5k 2021: €9k 2022: €44k 2023: €67k 2024: €73k
2018 → 2025
Total assets
€255k▲ 0.9%
2024 · €253k
2018: €450k 2019: €421k 2020: €356k 2021: €311k 2022: €351k 2023: €300k 2024: €253k
2018 → 2025
Net result
€-3k
2024 · €6k
2018: €22k 2019: €17k 2020: €-41k 2021: €4k 2022: €36k 2023: €23k 2024: €6k
2018 → 2025
Working capital
€-43k▲ 42.4%
2024 · €-75k
2018: €-139k 2019: €-122k 2020: €-164k 2021: €-105k 2022: €-95k 2023: €-87k 2024: €-75k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€9k-€44k▲ 408%€67k▲ 51.3%€73k▲ 9.1%€75k▲ 1.5%
Operating result€17k-€45k▲ 159%€30k▼ 33.4%€20k▼ 33.6%€-248
Net result€4k-€36k▲ 780%€23k▼ 36.1%€6k▼ 73.0%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €17k€17kNet result 2021: €4k€4kOperating result 2022: €45k€45kNet result 2022: €36k€36kOperating result 2023: €30k€30kNet result 2023: €23k€23kOperating result 2024: €20k€20kNet result 2024: €6k€6kOperating result 2025: €-248€-248Net result 2025: €-3k€-3k20212022202320242025
The operating result turns negative in 2025: a loss of €248 after €20k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255k
Fixed assets €181k▼ 15.2%
Current assets €74k▲ 88.5%
Equity and liabilities €255k
Equity €75k▲ 1.5%
Provisions €12k▼ 14.3%
Debt €169k▲ 1.9%
The debt ratio rises from 65.6% to 66.3%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41k
2024 · €56k
Cash flow
€39k
2024 · €43k
Solvency
29.2%
2024 · 29.0%
Current ratio
0.63
2024 · 0.35
Quick ratio
0.63
2024 · 0.35
Debt / equity
2.27
2024 · 2.26
ROE
-3.5%
2024 · 8.4%
ROA
-1.0%
2024 · 2.4%
Interest coverage
6.47
2024 · 4.78
Debt
€169k
2024 · €166k
Debt ≤ 1 year
€117k
2024 · €114k
Debt > 1 year
€52k=
2024 · €52k
Income taxes
€253
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€253k€255k
Fixed assets21/28€214k€181k
Tangible fixed assets22/27€160k€127k
Land and buildings22€80k€67k
Plant, machinery and equipment23€33k€29k
Furniture and vehicles24€47k€31k
Financial fixed assets28€54k€54k=
Current assets29/58€39k€74k
Amounts receivable within one year40/41€21k€46k
Trade receivables40€19k€34k
Other amounts receivable41€2k€12k
Cash at bank and in hand54/58€8k€18k
Deferred charges and accrued income490/1€10k€11k
Equity and liabilities
Total equity and liabilities10/49€253k€255k
Equity10/15€73k€75k
Contributions10/11€20k€20k=
Reserves13€53k€55k
Tax-exempt reserves132€25k€21k
Distributable reserves133€29k€34k
Provisions and deferred taxes16€13k€12k
Deferred taxes168€13k€12k
Amounts payable17/49€166k€169k
Amounts payable after more than one year17€52k€52k=
Financial debts170/4€52k€52k=
Amounts payable within one year42/48€114k€117k
Current portion of amounts payable after more than one year42€90k€65k
Trade debts44€11k€43k
Suppliers440/4€11k€43k
Advances received on contracts in progress46€166€85
Taxes, remuneration and social security45€8k€4k
Taxes450/3€8k€4k
Other amounts payable47/48€5k€5k=
Accrued charges and deferred income492/3€50€50=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€42k
Other operating charges640/8€19k€5k
Gross operating margin9900€75k€46k
Operating profit (loss)9901€20k€-248
Financial income75/76B€2k€2k
Recurring financial income75€2k€2k
Financial charges65/66B€12k€6k
Recurring financial charges65€12k€6k
Profit (loss) for the period before taxes9903€10k€-4k
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€5k€253
Profit (loss) for the period9904€6k€-3k
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€10k€1k
Appropriation of the result
Profit (loss) to be appropriated9906€10k€1k
Transfer to equity691/2€10k€1k
To other reserves6921€10k€1k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
03-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
30-09
Financial Highest result since 2018net €36k ▲780%
Operating result €45k, net result €36k, both a record.
29-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Weakest financial yearnet €-41k ▼335%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
30-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
15-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 15 days late
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bornem · 2 establishment units since 2000
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kloosterstraat(BOR) 262880 Bornem
Ground area
1.9 ha
Building footprint
4,344 m²
Volume, LiDAR
29,208 m³
2 parcels, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Kloosterstraat(BOR) 26, 2880 Bornem
NACE 7020302
since 20002.100.674.560
TZIGANE
Lodderstraat(EIK) 14, 2880 BornemManufacture of furniture
since 20092.177.942.879
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12015D0395/00A000 Flanders 1.8 ha 1 · 4,245 m² 8.5 m · 2 fl.
12007B0227/00K000 Flanders 702 m² 1 · 99 m² 11.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 4,556 companies in sector 82300 we hold annual accounts for 1,662. 1,302 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-02-2000
Fiscal year end30-09
Activities, NACEBEL
71340
82300Organisation of conventions and trade shows
47783Retail trade
47784Retail trade
77392Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.