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ZIKMAK

Active
Private limited companyfounded 20233 yrs activeRooseveltlaan (Franklin) 124, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0803.305.795
Summary

The computed 12-month bankruptcy probability of ZIKMAK is 2.6% (moderate). The 2024 annual accounts show equity of €28,449 and a net result of €33,449. Its solvency ranks better than 45% of 2091 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency51
Growth-
Track record79
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.92; short-term debt: 73.8% and cash: 64% of total assets), and 73.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
26.2%
Return on assets
30.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 filing
Deviation from the deadline
2024
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
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

On 28 June 2023, ZIKMAK was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€28,449
Total assets
€108,687
Net result
€33,449
Working capital
-€6,767

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €108,687
Fixed assets €35,216
Current assets €73,471
Equity and liabilities €108,687
Equity €28,449
Debt €80,238
Debt finances 73.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€77,800
Cash flow
€68,530
Current ratio
0.92
Debt to equity
2.82
ROE
117.6%
ROA
30.8%
Interest coverage
313.18
Debt ≤ 1 year
€80,238
Income taxes
€9,023
Staff costs
€68,641

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

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

For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 7,976 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 · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€108,687
Fixed assets21/28€35,216
Tangible fixed assets22/27€35,216
Plant, machinery and equipment23€35,216
Current assets29/58€73,471
Amounts receivable within one year40/41€3,375
Other amounts receivable41€3,375
Cash at bank and in hand54/58€69,538
Deferred charges and accrued income490/1€557
Equity and liabilities
Total equity and liabilities10/49€108,687
Equity10/15€28,449
Contributions10/11€10,000
Profit (loss) carried forward14€18,449
Amounts payable17/49€80,238
Amounts payable within one year42/48€80,238
Trade debts44€11,745
Suppliers440/4€11,745
Taxes, remuneration and social security45€9,408
Taxes450/3€9,057
Remuneration and social security454/9€351
Other amounts payable47/48€59,085
Income statement Code2024
Remuneration, social security and pensions62€68,641
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35,081
Other operating charges640/8€5,971
Gross operating margin9900€152,413
Operating profit (loss)9901€42,719
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€248
Recurring financial charges65€248
Profit (loss) for the period before taxes9903€42,472
Income taxes67/77€9,023
Profit (loss) for the period9904€33,449
Profit (loss) for the period to be appropriated9905€33,449
Appropriation of the result
Profit (loss) to be appropriated9906€33,449
Profit to be distributed694/7€15,000
Directors or managers695€15,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€68,641
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35,081
Other operating charges640/8€5,971
Gross operating margin9900€152,413
Operating profit (loss)9901€42,719
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€248
Recurring financial charges65€248
Profit (loss) for the period before taxes9903€42,472
Income taxes67/77€9,023
Profit (loss) for the period9904€33,449
Profit (loss) for the period to be appropriated9905€33,449
Line2024
Assets
Total assets20/58€108,687
Fixed assets21/28€35,216
Tangible fixed assets22/27€35,216
Plant, machinery and equipment23€35,216
Current assets29/58€73,471
Amounts receivable within one year40/41€3,375
Other amounts receivable41€3,375
Cash at bank and in hand54/58€69,538
Deferred charges and accrued income490/1€557
Equity and liabilities
Total equity and liabilities10/49€108,687
Equity10/15€28,449
Contributions10/11€10,000
Profit (loss) carried forward14€18,449
Amounts payable17/49€80,238
Amounts payable within one year42/48€80,238
Trade debts44€11,745
Suppliers440/4€11,745
Taxes, remuneration and social security45€9,408
Taxes450/3€9,057
Remuneration and social security454/9€351
Other amounts payable47/48€59,085
Line2024
Profit (loss) for the period9904€33,449
+ Depreciation and write-downs630€35,081
Operating cash flow (approximation)€68,530

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

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Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 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, Vilvoorde · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
159 m²
Building footprint
159 m²
Volume, LiDAR
1,022 m³
Parcel 23643G0500/00K004, Flanders · tallest building 18.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FRANKLIN'S BAKERY
Rooseveltlaan (Franklin) 124, 1800 VilvoordeArtisanal bread and fresh pastry making
since 20232.346.708.231
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23643G0500/00K004 Flanders 159 m² 1 · 159 m² 18.3 m · 1 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Vilvoorde2.346.708.231
1 permission
Toelating · Bakkerij · since 31-08-2023

Similar companies · same sector, comparable size

Of 4,230 companies in sector 10712 we hold annual accounts for 1,875. 1,392 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
Founded28-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
10720Manufacture of food products
47241Retail sale of bread and pastry (bakery outlets)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803305795
Also 9925:BE0803305795
Registered 16-07-2025

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

Register as of 30 September 2026 · Peppol Directory

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