ZIGON
ActiveThe computed 12-month bankruptcy probability of ZIGON is 2.8% (moderate). The 2025 annual accounts show equity of €246k and a net result of €123k. Equity is growing by ~52% per year across the filed fiscal years. Its solvency ranks better than 77% of 13044 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency98▲+35
Growth78=
Stability100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.19 in 2024), and 37.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
62.4%
Return on assets
31.2%
Age of the figures
8 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
9 d early
2024
29 d early
2023
31 d late
2022
1 d late
2021
137 d late
2020
92 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€246k▲ 99.6%
2024 · €123k
2020: €30k
2021: €41k
2022: €63k
2023: €108k
2024: €123k
2020 → 2025
Total assets
€394k▲ 21.6%
2024 · €324k
2020: €66k
2021: €212k
2022: €157k
2023: €232k
2024: €324k
2020 → 2025
Net result
€123k▲ 79.5%
2024 · €68k
2020: €268
2021: €11k
2022: €22k
2023: €46k
2024: €68k
2020 → 2025
Working capital
€127k▲ 290%
2024 · €33k
2020: €-28k
2021: €-39k
2022: €17k
2023: €35k
2024: €33k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€63k▲ 54.9%€108k▲ 70.9%€123k▲ 14.2%€246k▲ 99.6%
Operating result€12k-€33k▲ 170%€67k▲ 105%€105k▲ 57.6%€178k▲ 69.4%
Net result€11k-€22k▲ 106%€46k▲ 110%€68k▲ 47.4%€123k▲ 79.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 69% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €394k
Fixed assets
€134k▲ 10.5%
Current assets
€260k▲ 28.2%
Equity and liabilities €394k
Equity
€246k▲ 99.6%
Debt
€148k▼ 26.3%
The debt ratio falls from 62.0% to 37.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€207k▲
2024 · €131k
Cash flow
€151k▲
2024 · €94k
Solvency
62.4%▲
2024 · 38.0%
Current ratio
1.96▲
2024 · 1.19
Quick ratio
1.77▲
2024 · 0.98
Debt / equity
0.60▼
2024 · 1.63
ROE
49.9%▼
2024 · 55.5%
ROA
31.2%▲
2024 · 21.1%
Interest coverage
26.99▲
2024 · 18.18
Debt
€148k▼
2024 · €201k
Debt ≤ 1 year
€133k▼
2024 · €170k
Debt > 1 year
€15k▼
2024 · €30k
Income taxes
€47k▲
2024 · €30k
Staff costs
€131k▲
2024 · €95k
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€324k€394k▲
Fixed assets21/28€121k€134k▲
Intangible fixed assets21€31k€24k▼
Tangible fixed assets22/27€83k€102k▲
Plant, machinery and equipment23€38k€49k▲
Furniture and vehicles24€38k€34k▼
Other tangible fixed assets26€7k€18k▲
Financial fixed assets28€8k€8k=
Current assets29/58€203k€260k▲
Stocks and contracts in progress3€36k€25k▼
Stocks30/36€36k€25k▼
Amounts receivable within one year40/41€132k€194k▲
Trade receivables40€3k€6k▲
Other amounts receivable41€129k€188k▲
Cash at bank and in hand54/58€30k€35k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€324k€394k▲
Equity10/15€123k€246k▲
Contributions10/11€30k€30k=
Reserves13€93k€215k▲
Distributable reserves133€93k€215k▲
Profit (loss) carried forward14€203€915▲
Amounts payable17/49€201k€148k▼
Amounts payable after more than one year17€30k€15k▼
Financial debts170/4€30k€15k▼
Amounts payable within one year42/48€170k€133k▼
Current portion of amounts payable after more than one year42€23k€15k▼
Trade debts44€37k€50k▲
Suppliers440/4€37k€50k▲
Taxes, remuneration and social security45€58k€68k▲
Taxes450/3€44k€53k▲
Remuneration and social security454/9€13k€16k▲
Other amounts payable47/48€53k-
Accrued charges and deferred income492/3€309-
Income statement
Code20242025
Remuneration, social security and pensions62€95k€131k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€29k▲
Other operating charges640/8€7k€2k▼
Gross operating margin9900€234k€339k▲
Operating profit (loss)9901€105k€178k▲
Financial income75/76B€595€1▼
Recurring financial income75€595€1▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€98k€170k▲
Income taxes67/77€30k€47k▲
Profit (loss) for the period9904€68k€123k▲
Profit (loss) for the period to be appropriated9905€68k€123k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€123k▲
Profit (loss) brought forward from the previous period14P€840€203▼
Transfer to equity691/2€16k€122k▲
To other reserves6921€16k€122k▲
Profit to be distributed694/7€53k-
Return on contributions (dividend)694€53k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €123k ▲79.5%
Operating result €178k, net result €123k, both a record.
31-12
Financial
Equity above €200kEq €246k ▲99.6%
6 profitable years in a row build equity to €246k.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Equity above €100kEq €108k ▲70.9%
4 profitable years in a row build equity to €108k.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 137 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brugge · 1 establishment unit since 2020
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.
Vlamingstraat 538000 BruggeGround area
252 m²
Building footprint
182 m²
Volume, LiDAR
1,904 m³
Parcel 31805E1158/00F000, Flanders · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ZIGON
since 20202.300.451.208
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E1158/00F000 | Flanders | 252 m² | 1 · 182 m² | 13.5 m · 4 fl. |
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).
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.300.451.208
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HORECA VANBRIEL
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 8,022 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.