ZICON
ActiveSummary
ZICON has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €90,884 and a net result of €12,374. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78▼-2
Solvency81▼-17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.94 against 2.66 in 2023; short-term debt: 43.6% and cash: 6.3% of total assets), and 43.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
56.2%
Return on assets
7.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
13 d early
2022
on the day
2021
18 d early
2020
32 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
In the rankings
#6 oldest company in Herzele, Telecoms and IT sector
Equity
€90,884▲ 3.8%
2023 · €87,564
Total assets
€161,621▲ 34.7%
2023 · €119,944
Net result
€12,374▲ 10.4%
2023 · €11,204
Working capital
-€4,024
2023 · €53,631
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,538€10,995▲ 142%€30,619▲ 178%€18,257▼ 40.4%€20,661▲ 13.2%
Net result€1,663below the sector's middle half€6,850within the sector's middle half▲ 312%€19,191within the sector's middle half▲ 180%€11,204within the sector's middle half▼ 41.6%€12,374within the sector's middle half▲ 10.4%
Equity€80,557within the sector's middle half▲ 2.1%€87,407within the sector's middle half▲ 8.5%€91,598within the sector's middle half▲ 4.8%€87,564within the sector's middle half▼ 4.4%€90,884within the sector's middle half▲ 3.8%
Total assets€106,589within the sector's middle half▲ 8.3%€117,767within the sector's middle half▲ 10.5%€125,312within the sector's middle half▲ 6.4%€119,944within the sector's middle half▼ 4.3%€161,621within the sector's middle half▲ 34.7%
Debt€26,031▲ 33.0%€30,359▲ 16.6%€33,714▲ 11.0%€32,380▼ 4.0%€70,738▲ 118%
Working capital€38,788▼ 5.8%€49,317▲ 27.1%€56,188▲ 13.9%€53,631▼ 4.6%-€4,024
Solvency75.6%within the sector's middle half▼ 4.5pp74.2%within the sector's middle half▼ 1.4pp73.1%within the sector's middle half▼ 1.1pp73.0%within the sector's middle half▼ 0.1pp56.2%within the sector's middle half▼ 16.8pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 13% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €161,621
Fixed assets
€95,110 ▲ 179%
Current assets
€66,511 ▼ 22.5%
Equity and liabilities €161,621
Equity
€90,884 ▲ 3.8%
Debt
€70,738 ▲ 118%
Debt's share of the balance-sheet total rises from 27.0% to 43.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21,085▲
2023 · €19,574
Cash flow
€12,797▲
2023 · €12,520
Current ratio
0.94▼
2023 · 2.66
Debt to equity
0.78▲
2023 · 0.37
ROE
13.6%▲
2023 · 12.8%
ROA
7.7%▼
2023 · 9.3%
Interest coverage
19.13▼
2023 · 26.10
Debt ≤ 1 year
€70,535▲
2023 · €32,220
Income taxes
€7,185▲
2023 · €6,303
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,240 | €143 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,918 | €5,714 | €2,680 | €1,316 | €423 | ▼ 67.8% |
| Other operating charges640/8 | - | €4,951 | €1,954 | €1,673 | €1,766 | ▲ 5.5% |
| Non-recurring operating charges66A | - | €273 | - | - | - | - |
| Gross operating margin9900 | €12,169 | €21,933 | €35,253 | €21,247 | €22,850 | ▲ 7.5% |
| Operating profit (loss)9901 | €4,538 | €10,995 | €30,619 | €18,257 | €20,661 | ▲ 13.2% |
| Financial income75/76B | - | €5 | - | - | - | - |
| Recurring financial income75 | - | €5 | - | - | - | - |
| Financial charges65/66B | - | €144 | €409 | €750 | €1,102 | ▲ 46.9% |
| Recurring financial charges65 | €415 | €144 | €409 | €750 | €1,102 | ▲ 46.9% |
| Profit (loss) for the period before taxes9903 | €4,123 | €10,857 | €30,210 | €17,507 | €19,559 | ▲ 11.7% |
| Income taxes67/77 | €2,460 | €4,007 | €11,019 | €6,303 | €7,185 | ▲ 14.0% |
| Profit (loss) for the period9904 | €1,663 | €6,850 | €19,191 | €11,204 | €12,374 | ▲ 10.4% |
| Profit (loss) for the period to be appropriated9905 | €1,663 | €6,850 | €19,191 | €11,204 | €12,374 | ▲ 10.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €106,589 | €117,767 | €125,312 | €119,944 | €161,621 | ▲ 34.7% |
| Formation expenses20 | €581 | €291 | - | €0 | €0 | - |
| Fixed assets21/28 | €41,819 | €37,800 | €35,410 | €34,094 | €95,110 | ▲ 179% |
| Tangible fixed assets22/27 | €8,819 | €4,800 | €2,410 | €1,094 | €670 | ▼ 38.7% |
| Plant, machinery and equipment23 | - | €1,370 | €1,089 | €809 | €528 | ▼ 34.7% |
| Furniture and vehicles24 | - | €2,859 | €893 | €0 | €0 | - |
| Other tangible fixed assets26 | - | €570 | €428 | €285 | €143 | ▼ 50.0% |
| Financial fixed assets28 | €33,000 | €33,000 | €33,000 | €33,000 | €94,440 | ▲ 186% |
| Current assets29/58 | €64,188 | €79,676 | €89,902 | €85,850 | €66,511 | ▼ 22.5% |
| Amounts receivable within one year40/41 | €56,293 | €47,032 | €80,174 | €81,312 | €55,862 | ▼ 31.3% |
| Trade receivables40 | - | €46,706 | €79,848 | €81,312 | €27,830 | ▼ 65.8% |
| Other amounts receivable41 | - | €326 | €326 | - | €28,032 | - |
| Cash at bank and in hand54/58 | €6,949 | €31,878 | €8,600 | €3,999 | €10,163 | ▲ 154% |
| Deferred charges and accrued income490/1 | - | €766 | €1,128 | €539 | €486 | ▼ 9.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €106,589 | €117,767 | €125,312 | €119,944 | €161,621 | ▲ 34.7% |
| Equity10/15 | €80,557 | €87,407 | €91,598 | €87,564 | €90,884 | ▲ 3.8% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €76,400 | €76,400 | €85,398 | €81,364 | €84,684 | ▲ 4.1% |
| Non-distributable reserves130/1 | - | €5,672 | €5,672 | - | - | - |
| Reserves not available under the articles1311 | - | €5,672 | €5,672 | - | - | - |
| Tax-exempt reserves132 | - | €448 | €448 | €448 | €448 | = |
| Distributable reserves133 | - | €70,280 | €79,278 | €80,916 | €84,236 | ▲ 4.1% |
| Profit (loss) carried forward14 | -€2,042 | €4,808 | - | - | - | - |
| Amounts payable17/49 | €26,031 | €30,359 | €33,714 | €32,380 | €70,738 | ▲ 118% |
| Amounts payable after more than one year17 | €631 | - | - | - | - | - |
| Amounts payable within one year42/48 | €25,401 | €30,359 | €33,714 | €32,220 | €70,535 | ▲ 119% |
| Current portion of amounts payable after more than one year42 | - | €631 | - | - | €42,000 | - |
| Trade debts44 | €1,475 | €2,836 | €4,097 | €2,441 | €3,875 | ▲ 58.7% |
| Suppliers440/4 | - | €2,836 | €4,097 | €2,441 | €3,875 | ▲ 58.7% |
| Taxes, remuneration and social security45 | - | €19,506 | €22,122 | €24,868 | €23,047 | ▼ 7.3% |
| Taxes450/3 | - | €15,996 | €18,483 | €22,462 | €20,599 | ▼ 8.3% |
| Remuneration and social security454/9 | - | €3,510 | €3,639 | €2,406 | €2,447 | ▲ 1.7% |
| Other amounts payable47/48 | - | €7,387 | €7,495 | €4,911 | €1,614 | ▼ 67.1% |
| Accrued charges and deferred income492/3 | - | - | - | €160 | €202 | ▲ 26.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,663 | €6,850 | €19,191 | €11,204 | €12,374 | ▲ 10.4% |
| + Depreciation and write-downs630 | €5,918 | €5,714 | €2,680 | €1,316 | €423 | ▼ 67.8% |
| Operating cash flow (approximation) | €7,581 | €12,564 | €21,871 | €12,520 | €12,797 | ▲ 2.2% |
| Investment in fixed assets (approximation) | - | -€1,695 | -€291 | €0 | -€61,440 | - |
| Change in cash | - | €24,929 | -€23,278 | -€4,601 | €6,164 | ▲ 234% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €19,191 ▲180%
Operating result €30,619, net result €19,191, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €1,663
Net result €1,663 after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€3,396
Net result drops to -€3,396, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Herzele · 1 establishment unit since 2009
Ground area
1,735 m²
Building footprint
139 m²
Parcel 41008B0055/00A003, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ZICON
since 20092.176.879.938
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41008B0055/00A003 | Flanders | 1,735 m² | 1 · 139 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
51.4%
According to the 2024 annual accounts of ZICON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
DITRIA
BE 0785.399.694
Etterbeek · Eq €90,927
Solufact
BE 0759.802.186
Merksplas · Eq €91,013
OLIVIER PRONIEWSKI
BE 0751.734.558
Ukkel · Eq €90,720
LAAJILA
BE 1001.513.023
Vorst · Eq €90,641
PYM
BE 0892.645.765
Nandrin · Eq €90,260
Of 3,214 companies in sector 62900 we hold annual accounts for 1,746. 1,404 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809843991
Also
9925:BE0809843991
Registered
11-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.