ZAAP
ActiveSummary
The computed 12-month bankruptcy probability of ZAAP is 2.4% (moderate). The 2025 annual accounts show equity of €74k and a net result of €44k. Its solvency ranks better than 52% of 13305 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability93
Solvency58
Growth-
Track record67
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.23; short-term debt: 31.4% and cash: 35.6% of total assets), and 67% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33%
Return on assets
19.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€74k
Total assets
€225k
Net result
€44k
Working capital
€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €225k
Fixed assets
€138k
Current assets
€87k
Equity and liabilities €225k
Equity
€74k
Debt
€150k
Debt finances 67.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€60k
Cash flow
€52k
Current ratio
1.23
Quick ratio
1.19
Debt to equity
2.03
ROE
59.5%
ROA
19.6%
Interest coverage
27.25
Debt ≤ 1 year
€70k
Debt > 1 year
€80k
Income taxes
€6k
Staff costs
€44k
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet
Code2025
Assets
Total assets20/58€225k
Fixed assets21/28€138k
Tangible fixed assets22/27€134k
Plant, machinery and equipment23€6k
Furniture and vehicles24€7k
Other tangible fixed assets26€122k
Financial fixed assets28€4k
Current assets29/58€87k
Stocks and contracts in progress3€3k
Stocks30/36€3k
Cash at bank and in hand54/58€80k
Deferred charges and accrued income490/1€4k
Equity and liabilities
Total equity and liabilities10/49€225k
Equity10/15€74k
Contributions10/11€30k
Reserves13€44k
Distributable reserves133€44k
Amounts payable17/49€150k
Amounts payable after more than one year17€80k
Financial debts170/4€80k
Amounts payable within one year42/48€70k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€24k
Taxes450/3€15k
Remuneration and social security454/9€9k
Other amounts payable47/48€44k
Income statement
Code2025
Remuneration, social security and pensions62€44k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k
Other operating charges640/8€2k
Gross operating margin9900€107k
Operating profit (loss)9901€53k
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€2k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€50k
Income taxes67/77€6k
Profit (loss) for the period9904€44k
Profit (loss) for the period to be appropriated9905€44k
Appropriation of the result
Profit (loss) to be appropriated9906€44k
Transfer to equity691/2€44k
To other reserves6921€44k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 2025
Ground area
2,258 m²
Building footprint
1,795 m²
Parcel 46443E1557/00P000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Tib Top Thai
since 20252.371.329.207
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E1557/00P000 | Flanders | 2,258 m² | 1 · 1,795 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.371.329.207
Similar companies · same sector, comparable size
SANYBRI
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NOOOS
BE 0466.847.043
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CITYFOOD
BE 0456.479.723
Hasselt · Eq €74,053
Culi-invest
BE 0504.997.935
Antwerpen · Eq €74,106
DE KIP
BE 0735.860.113
Brugge · Eq €74,108
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,803 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:tibtopthai@gmail.com