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ZIGGU

Active
Private limited companyfounded 20188 yrs activeVlasgaardstraat 52, 9000 Gent, BelgiumKBO/BCE: BE 0699.472.839
Summary

ZIGGU has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512,441 and a net result of €176,162. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 8763 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability84▲+7
Solvency59▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.56 in 2024; short-term debt: 24% and cash: 35.7% of total assets), but 65.7% 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
34.3%
Return on assets
11.8%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
25 d early
2024
6 d early
2023
12 d early
2022
31 d late
2021
on the day
2020
2 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 2 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 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

History

ZIGGU was incorporated on 2 July 2018.1 Since 2026, Five Five One has served as director of the company.2 Total assets rose from EUR 82,162 in 2020 to EUR 1.5 million in 2025 and headcount from 2 to 2.6 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 08-09-2026
  3. 3National Bank, annual accounts 2020 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€512,441▲ 52.4%
2024 · €336,279
Total assets
€1.5m▲ 11.4%
2024 · €1.3m
Net result
€176,162▲ 106%
2024 · €85,367
Working capital
€379,400▲ 70.3%
2024 · €222,776
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20212022202320242025
Operating result-€230,510-€401,914▼ 74.4%€281,563€110,106▼ 60.9%€188,169▲ 70.9%
Net result-€246,589below the sector's middle half-€295,545below the sector's middle half▼ 19.9%€266,118above the sector's middle half€85,367within the sector's middle half▼ 67.9%€176,162above the sector's middle half▲ 106%
Equity€280,339within the sector's middle half▲ 1,246%-€15,206below the sector's middle half€250,912within the sector's middle half€336,279within the sector's middle half▲ 34.0%€512,441within the sector's middle half▲ 52.4%
Total assets€1.0mwithin the sector's middle half▲ 1,163%€974,023within the sector's middle half▼ 6.1%€1.2mwithin the sector's middle half▲ 24.8%€1.3mwithin the sector's middle half▲ 10.2%€1.5mwithin the sector's middle half▲ 11.4%
Debt€757,304▲ 1,135%€989,229▲ 30.6%€964,703▼ 2.5%€1.0m▲ 4.0%€980,156▼ 2.3%
Working capital€652,699above the sector's middle half▲ 4,749%€196,847within the sector's middle half▼ 69.8%€152,367within the sector's middle half▼ 22.6%€222,776within the sector's middle half▲ 46.2%€379,400above the sector's middle half▲ 70.3%
Solvency27.0%within the sector's middle half▲ 1.7pp-1.6%below the sector's middle half▼ 28.6pp20.6%below the sector's middle half▲ 22.2pp25.1%below the sector's middle half▲ 4.5pp34.3%within the sector's middle half▲ 9.2pp
Current ratio5.75above the sector's middle half▲ 4.532.54within the sector's middle half▼ 3.211.42within the sector's middle half▼ 1.121.56within the sector's middle half▲ 0.152.06within the sector's middle half▲ 0.50
Return on assets (ROA)-23.8%below the sector's middle half▼ 33.9pp-30.3%below the sector's middle half▼ 6.6pp21.9%above the sector's middle half▲ 52.2pp6.4%within the sector's middle half▼ 15.5pp11.8%within the sector's middle half▲ 5.4pp
Staff (FTE)4.8within the sector's middle half▲ 140%7.3above the sector's middle half▲ 52.1%3above the sector's middle half▼ 58.9%1.3within the sector's middle half▼ 56.7%2.6above the sector's middle half▲ 100%
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0€200,000Operating result 2021: -€230,510-€230,510Net result 2021: -€246,589-€246,589Operating result 2022: -€401,914-€401,914Net result 2022: -€295,545-€295,545Operating result 2023: €281,563€281,563Net result 2023: €266,118€266,118Operating result 2024: €110,106€110,106Net result 2024: €85,367€85,367Operating result 2025: €188,169€188,169Net result 2025: €176,162€176,16220212022202320242025€0€100,000€200,000€300,000Operating result 2023: €281,563€282,000Net result 2023: €266,118€266,000Operating result 2024: €110,106€110,000Net result 2024: €85,367€85,400Operating result 2025: €188,169€188,000Net result 2025: €176,162€176,000202320242025
The operating result recovers in 2025; 2025 is 71% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets €738,395 ▲ 7.3%
Current assets €737,085 ▲ 19.1%
Equity and liabilities €1.5m
Equity €512,441 ▲ 52.4%
Debt €980,156 ▼ 2.3%
Debt's share of the balance-sheet total falls from 74.9% to 65.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€435,816▲
2024 · €309,030
Cash flow
€423,809▲
2024 · €284,290
Debt to equity
1.91▼
2024 · 2.98
ROE
34.4%▲
2024 · 25.4%
Interest coverage
35.56▲
2024 · 12.35
Debt ≤ 1 year
€357,686▼
2024 · €396,159
Income taxes
€357▲
2024 · €224
Staff costs
€173,232▲
2024 · €103,857
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.5m▲
Formation expenses20€32,003€17,116▼
Fixed assets21/28€688,374€738,395▲
Intangible fixed assets21€685,196€722,799▲
Tangible fixed assets22/27€3,178€7,356▲
Furniture and vehicles24€3,178€7,356▲
Financial fixed assets28€0€8,240▲
Current assets29/58€618,935€737,085▲
Amounts receivable within one year40/41€326,812€191,413▼
Trade receivables40€316,843€191,384▼
Other amounts receivable41€9,969€29▼
Cash at bank and in hand54/58€276,779€532,285▲
Deferred charges and accrued income490/1€15,344€13,387▼
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.5m▲
Equity10/15€336,279€512,441▲
Contributions10/11€518,600€518,600=
Reserves13€8,328€8,328=
Distributable reserves133€8,328€8,328=
Profit (loss) carried forward14-€190,649-€14,487▲
Amounts payable17/49€1.0m€980,156▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€396,159€357,686▼
Current portion of amounts payable after more than one year42€250,000€180,000▼
Financial debts43€6,868€10,089▲
Credit institutions430/8€6,868€10,089▲
Trade debts44€92,304€95,068▲
Suppliers440/4€92,304€95,068▲
Taxes, remuneration and social security45€46,986€72,528▲
Taxes450/3€37,897€40,625▲
Remuneration and social security454/9€9,089€31,903▲
Accrued charges and deferred income492/3€606,873€622,470▲
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€103,857€173,232▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€198,923€247,647▲
Other operating charges640/8€1,517€1,557▲
Non-recurring operating charges66A€0-
Gross operating margin9900€414,404€610,605▲
Operating profit (loss)9901€110,106€188,169▲
Financial income75/76B€507€606▲
Recurring financial income75€507€606▲
Financial charges65/66B€25,021€12,257▼
Recurring financial charges65€25,021€12,257▼
Profit (loss) for the period before taxes9903€85,591€176,519▲
Income taxes67/77€224€357▲
Profit (loss) for the period9904€85,367€176,162▲
Profit (loss) for the period to be appropriated9905€85,367€176,162▲
Appropriation of the result
Profit (loss) to be appropriated9906-€190,649-€14,487▲
Profit (loss) brought forward from the previous period14P-€276,016-€190,649▲
Social balance
Average headcount (FTE)90871.32.6▲

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€104€1,254€0--
Remuneration, social security and pensions62-€727,545€261,965€103,857€173,232▲ 66.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,354€93,319€157,461€198,923€247,647▲ 24.5%
Other operating charges640/8-€1,424€2,835€1,517€1,557▲ 2.6%
Non-recurring operating charges66A--€1,562€0--
Gross operating margin9900€28,909€420,374€705,386€414,404€610,605▲ 47.3%
Operating profit (loss)9901-€230,510-€401,914€281,563€110,106€188,169▲ 70.9%
Financial income75/76B-€154,854€13,964€507€606▲ 19.6%
Recurring financial income75€123€154,854€13,964€507€606▲ 19.6%
Financial charges65/66B-€48,338€29,362€25,021€12,257▼ 51.0%
Recurring financial charges65€16,085€48,338€29,362€25,021€12,257▼ 51.0%
Profit (loss) for the period before taxes9903-€246,471-€295,397€266,164€85,591€176,519▲ 106%
Income taxes67/77€118€148€46€224€357▲ 59.2%
Profit (loss) for the period9904-€246,589-€295,545€266,118€85,367€176,162▲ 106%
Profit (loss) for the period to be appropriated9905-€246,589-€295,545€266,118€85,367€176,162▲ 106%
Line20212022202320242025Change
Assets
Total assets20/58€1.0m€974,023€1.2m€1.3m€1.5m▲ 11.4%
Formation expenses20-€61,776€46,889€32,003€17,116▼ 46.5%
Fixed assets21/28€247,581€587,368€651,020€688,374€738,395▲ 7.3%
Intangible fixed assets21€217,014€566,707€648,132€685,196€722,799▲ 5.5%
Tangible fixed assets22/27€16,840€19,166€1,454€3,178€7,356▲ 131%
Furniture and vehicles24-€18,106€1,454€3,178€7,356▲ 131%
Other tangible fixed assets26-€1,060€0---
Financial fixed assets28€13,727€1,494€1,434€0€8,240-
Current assets29/58€790,061€324,879€517,706€618,935€737,085▲ 19.1%
Amounts receivable within one year40/41€83,872€158,677€210,044€326,812€191,413▼ 41.4%
Trade receivables40-€116,330€191,911€316,843€191,384▼ 39.6%
Other amounts receivable41-€42,347€18,133€9,969€29▼ 99.7%
Cash at bank and in hand54/58€704,898€161,568€287,823€276,779€532,285▲ 92.3%
Deferred charges and accrued income490/1-€4,634€19,838€15,344€13,387▼ 12.8%
Equity and liabilities
Total equity and liabilities10/49€1.0m€974,023€1.2m€1.3m€1.5m▲ 11.4%
Equity10/15€280,339-€15,206€250,912€336,279€512,441▲ 52.4%
Contributions10/11-€518,600€518,600€518,600€518,600=
Reserves13€8,328€8,328€8,328€8,328€8,328=
Distributable reserves133-€8,328€8,328€8,328€8,328=
Profit (loss) carried forward14-€246,589-€542,134-€276,016-€190,649-€14,487▲ 92.4%
Amounts payable17/49€757,304€989,229€964,703€1.0m€980,156▼ 2.3%
Amounts payable after more than one year17€500,000€500,000€250,000€0--
Financial debts170/4-€500,000€250,000€0--
Amounts payable within one year42/48€137,362€128,032€365,339€396,159€357,686▼ 9.7%
Current portion of amounts payable after more than one year42--€250,000€250,000€180,000▼ 28.0%
Financial debts43-€6,788€4,055€6,868€10,089▲ 46.9%
Credit institutions430/8-€6,788€4,055€6,868€10,089▲ 46.9%
Trade debts44€56,558€36,549€81,043€92,304€95,068▲ 3.0%
Suppliers440/4-€36,549€81,043€92,304€95,068▲ 3.0%
Taxes, remuneration and social security45-€84,695€30,241€46,986€72,528▲ 54.4%
Taxes450/3-€35,193€27,174€37,897€40,625▲ 7.2%
Remuneration and social security454/9-€49,502€3,067€9,089€31,903▲ 251%
Accrued charges and deferred income492/3-€361,197€349,364€606,873€622,470▲ 2.6%
Line20212022202320242025Change
Profit (loss) for the period9904-€246,589-€295,545€266,118€85,367€176,162▲ 106%
+ Depreciation and write-downs630€5,354€93,319€157,461€198,923€247,647▲ 24.5%
Operating cash flow (approximation)-€241,235-€202,227€423,579€284,290€423,809▲ 49.1%
Investment in fixed assets (approximation)--€433,105-€221,113-€236,277-€297,669▼ 26.0%
Change in cash--€543,330€126,255-€11,045€255,506▲ 2,413%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-09
State Gazette act Resignations: Phoenix Ventures BV (day-to-day manager) and Five Five One BV (day-to-day manager)
Appointment: Five Five One BV (director) · Power of attorney7 facts ▸
  • Director resignation, Phoenix Ventures BV (day-to-day manager)
  • Director resignation, Five Five One BV (day-to-day manager)
  • Power of attorney, Camille Duysburgh
  • Power of attorney, Jorn Peyskens
  • Director appointment, Five Five One BV (director)
  • Power of attorney, Camille Duysburgh
  • Power of attorney, Jorn Peyskens
06-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Equity above €500,000Eq €512,441 ▲52.4%
3 profitable years in a row build equity to €512,441.
25-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €266,118
Net result €266,118 after 2 loss-making years.
31-12
Financial Equity above €200,000Eq €250,912
Equity rises from -€15,206 to €250,912.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial Weakest financial yearnet -€295,545
Net result drops to -€295,545, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Liquidity times 5current ratio 5.75
Current ratio from 1.22 to 5.75.
30-06
Financial Equity above €200,000Eq €280,339 ▲1,246%
Equity rises from €20,828 to €280,339.
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts

Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not 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
1 director, last change in 2026
Five Five One
Director · since 01-07-2026 · Private limited company
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
2,156 m²
Building footprint
95 m²
Volume, LiDAR
1,066 m³
Parcel 44816K0663/00F002, Flanders · tallest building 11.9 m, ±4 floors. Linked by address, not a title deed.
26 companies at this address See who is registered here
1 establishment unit
Ziggu
Vlasgaardstraat 52, 9000 GentWholesale trade
since 20182.277.358.971
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44816K0663/00F002 Flanders 2,156 m² 1 · 95 m² 11.8 m · 4 fl.
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.

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Five Five One
  • Director, from 01-07-2026 to date
  • Day-to-day manager, until 01-07-2026
Phoenix Ventures BV
  • Day-to-day manager, until 01-07-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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

1 current director
Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 2,520 EUR awarded · 2,520 EUR paid
Year Entries awardedpaid
2024 1 2,520 EUR2,520 EUR
Schemes
1 entry · 2,520 EUR · 2,520 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 34,480 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
Founded02-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
46500Wholesale of information and communication equipment
58290Other software publishing
62900Other information technology and computer services
62100Computer programming
63920Other information service activities
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0699472839
Registered 24-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.