Zilton
Open bankruptcySummary
A bankruptcy procedure is open for Zilton according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €825,930 and a net result of -€172,331.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ghent division
- Declared bankrupt
- 2 July 2024
- Supervising judge
- Isabelle Van Vooren
- Official Gazette
- 10-07-2024 (pdf) ↗search the document for 2024/128697
Deadlines
- Provisional date payments stopped
- 2 July 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 25 July 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 1 August 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 31 August 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 2 July 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Mieke Van CuyckHofkouterstraat 5A, 9890 Gaveremieke@vancuyck.be
- Catharina JanssensFort- Laan 77, 9000 Gentcatharina.janssens@bloom-law.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 15-03-2024, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
46 d early
2022
46 d early
2021
10 d early
2020
on the day
2019
30 d late
2018
56 d early
2017
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2023 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Other non-specialised retail sale sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
€5.1m▲ 19.0%
2022 · €4.3m
EBIT margin
0.5%▼ 4.6pp
2022 · 5.1%
Net result
-€172,331
2022 · €69,239
Working capital
-€201,740▼ 123%
2022 · -€90,295
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20192020202120222023
Turnover€7.3m-€4.5m▼ 38.5%€3.7m▼ 17.7%€4.3m▲ 16.3%€5.1m▲ 19.0%
Operating result€81,376--€180,677€261,116€218,300▼ 16.4%€23,045▼ 89.4%
Net result-€28,190--€252,130below the sector's middle half▼ 794%€141,982above the sector's middle half€69,239within the sector's middle half▼ 51.2%-€172,331below the sector's middle half
EBIT margin1.1%--4.0%▼ 5.1pp7.1%▲ 11.1pp5.1%▼ 2.0pp0.5%▼ 4.6pp
Equity€1.0m-€787,040above the sector's middle half▼ 24.3%€929,022above the sector's middle half▲ 18.0%€998,261above the sector's middle half▲ 7.5%€825,930above the sector's middle half▼ 17.3%
Total assets€2.7m-€3.2mabove the sector's middle half▲ 19.3%€4.5mabove the sector's middle half▲ 42.0%€4.2mabove the sector's middle half▼ 6.8%€4.7mabove the sector's middle half▲ 10.5%
Debt€1.6m-€2.4m▲ 46.9%€3.6m▲ 49.9%€3.2m▼ 10.5%€3.8m▲ 18.3%
Working capital€1.0m-€595,302above the sector's middle half▼ 41.3%€182,037within the sector's middle half▼ 69.4%-€90,295below the sector's middle half-€201,740below the sector's middle half▼ 123%
Solvency38.8%-24.6%within the sector's middle half▼ 14.2pp20.5%within the sector's middle half▼ 4.2pp23.6%within the sector's middle half▲ 3.1pp17.7%within the sector's middle half▼ 5.9pp
Current ratio1.64-1.30within the sector's middle half▼ 0.331.07within the sector's middle half▼ 0.230.96below the sector's middle half▼ 0.110.94below the sector's middle half▼ 0.02
Return on assets (ROA)-1.1%--7.9%below the sector's middle half▼ 6.8pp3.1%within the sector's middle half▲ 11.0pp1.6%within the sector's middle half▼ 1.5pp-3.7%below the sector's middle half▼ 5.3pp
Staff (FTE)4.1-8.2within the sector's middle half▲ 100%7.6within the sector's middle half▼ 7.3%7.5within the sector's middle half▼ 1.3%5.3within the sector's middle half▼ 29.3%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2020 Net result -794% on 2019. The previous fiscal year ran 17 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2023 is 89% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4.7m
Fixed assets
€1.4m ▼ 22.5%
Current assets
€3.2m ▲ 36.4%
Equity and liabilities €4.7m
Equity
€825,930 ▼ 17.3%
Provisions
€24,024
Debt
€3.8m ▲ 18.3%
Debt's share of the balance-sheet total rises from 76.4% to 81.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€643,666▼
2022 · €715,055
Cash flow
€448,290▼
2022 · €565,993
Quick ratio
0.59▼
2022 · 0.75
Debt to equity
4.62▲
2022 · 3.23
ROE
-20.9%▼
2022 · 6.9%
Interest coverage
7.62▼
2022 · 15.45
Debt ≤ 1 year
€3.4m▲
2022 · €2.5m
Debt > 1 year
€341,667▼
2022 · €720,834
Income taxes
€1,112▼
2022 · €3,521
Staff costs
€454,277▼
2022 · €495,815
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €5.0m | €5.8m | ▲ 16.3% |
| Turnover70 | €7.3m | €4.5m | €3.7m | €4.3m | €5.1m | ▲ 19.0% |
| Other operating income74 | - | - | - | €696,532 | €688,406 | ▼ 1.2% |
| Non-recurring operating income76A | - | - | - | - | €7,102 | - |
| Operating charges60/66A | - | - | - | €4.8m | €5.8m | ▲ 21.2% |
| Goods for resale, raw materials and consumables60 | - | - | - | €2.4m | €2.5m | ▲ 3.2% |
| Purchases600/8 | - | - | - | €2.5m | €3.2m | ▲ 29.5% |
| Change in stocks: decrease (increase)609 | - | - | - | -€37,324 | -€683,527 | ▼ 1,731% |
| Services and other goods61 | - | - | - | €1.4m | €2.1m | ▲ 47.7% |
| Remuneration, social security and pensions62 | - | - | - | €495,815 | €454,277 | ▼ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,952 | €75,380 | €285,988 | €496,755 | €620,621 | ▲ 24.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€82,927 | -€979 | ▲ 98.8% |
| Other operating charges640/8 | - | - | - | €8,768 | €47,153 | ▲ 438% |
| Non-recurring operating charges66A | - | - | - | - | €45,241 | - |
| Operating profit (loss)9901 | €81,376 | -€180,677 | €261,116 | €218,300 | €23,045 | ▼ 89.4% |
| Financial income75/76B | - | - | - | €8,036 | €13,328 | ▲ 65.8% |
| Recurring financial income75 | €26,784 | €26,357 | €9,060 | €8,036 | €13,328 | ▲ 65.8% |
| Income from current assets751 | - | - | - | €7,844 | €4,779 | ▼ 39.1% |
| Other financial income752/9 | - | - | - | €192 | €8,549 | ▲ 4,355% |
| Financial charges65/66B | - | - | - | €153,577 | €207,591 | ▲ 35.2% |
| Recurring financial charges65 | €135,069 | €96,549 | €127,033 | €153,577 | €207,591 | ▲ 35.2% |
| Debt charges650 | €7,092 | €9,867 | €41,309 | €46,276 | €84,501 | ▲ 82.6% |
| Other financial charges652/9 | - | - | - | €107,301 | €123,091 | ▲ 14.7% |
| Profit (loss) for the period before taxes9903 | -€26,909 | -€250,870 | €143,143 | €72,760 | -€171,218 | ▼ 335% |
| Income taxes67/77 | €1,281 | €1,261 | €1,160 | €3,521 | €1,112 | ▼ 68.4% |
| Taxes670/3 | - | - | - | €3,521 | €1,112 | ▼ 68.4% |
| Profit (loss) for the period9904 | -€28,190 | -€252,130 | €141,982 | €69,239 | -€172,331 | ▼ 349% |
| Profit (loss) for the period to be appropriated9905 | -€28,190 | -€252,130 | €141,982 | €69,239 | -€172,331 | ▼ 349% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.7m | €3.2m | €4.5m | €4.2m | €4.7m | ▲ 10.5% |
| Fixed assets21/28 | €78,606 | €643,256 | €1.8m | €1.9m | €1.4m | ▼ 22.5% |
| Intangible fixed assets21 | - | €615,548 | €1.8m | €1.8m | €1.4m | ▼ 22.3% |
| Tangible fixed assets22/27 | €73,326 | €22,428 | €16,425 | €10,422 | €4,550 | ▼ 56.3% |
| Land and buildings22 | - | - | - | €1,660 | €796 | ▼ 52.1% |
| Plant, machinery and equipment23 | - | - | - | €8,762 | €3,754 | ▼ 57.2% |
| Financial fixed assets28 | €5,280 | €5,280 | €0 | - | - | - |
| Current assets29/58 | €2.6m | €2.6m | €2.7m | €2.4m | €3.2m | ▲ 36.4% |
| Stocks and contracts in progress3 | €754,710 | €210,473 | €377,211 | €516,147 | €1.2m | ▲ 130% |
| Stocks30/36 | - | - | - | €516,147 | €1.2m | ▲ 130% |
| Goods purchased for resale34 | - | - | - | €516,147 | €1.2m | ▲ 128% |
| Advance payments36 | - | - | - | - | €10,165 | - |
| Amounts receivable within one year40/41 | €1.3m | €1.7m | €2.1m | €1.7m | €1.7m | ▲ 3.8% |
| Trade receivables40 | - | - | - | €1.4m | €1.7m | ▲ 25.1% |
| Other amounts receivable41 | - | - | - | €289,863 | €5,005 | ▼ 98.3% |
| Cash at bank and in hand54/58 | €490,503 | €645,436 | €253,321 | €156,074 | €273,410 | ▲ 75.2% |
| Deferred charges and accrued income490/1 | - | - | - | €11,757 | €17,370 | ▲ 47.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.7m | €3.2m | €4.5m | €4.2m | €4.7m | ▲ 10.5% |
| Equity10/15 | €1.0m | €787,040 | €929,022 | €998,261 | €825,930 | ▼ 17.3% |
| Contributions10/11 | €285,643 | - | - | €285,643 | €285,643 | = |
| Reserves13 | €753,528 | €501,397 | €643,380 | €712,618 | €540,288 | ▼ 24.2% |
| Non-distributable reserves130/1 | - | - | - | €29,793 | €29,793 | = |
| Reserves not available under the articles1311 | - | - | - | €29,793 | €29,793 | = |
| Tax-exempt reserves132 | - | - | - | €41,551 | €41,551 | = |
| Distributable reserves133 | - | - | - | €641,274 | €468,944 | ▼ 26.9% |
| Provisions and deferred taxes16 | - | - | - | - | €24,024 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €24,024 | - |
| Other liabilities and charges164/5 | - | - | - | - | €24,024 | - |
| Amounts payable17/49 | €1.6m | €2.4m | €3.6m | €3.2m | €3.8m | ▲ 18.3% |
| Amounts payable after more than one year17 | €52,700 | €451,518 | €1.1m | €720,834 | €341,667 | ▼ 52.6% |
| Financial debts170/4 | - | - | - | €720,834 | €341,667 | ▼ 52.6% |
| Credit institutions173 | - | - | - | €720,834 | €341,667 | ▼ 52.6% |
| Amounts payable within one year42/48 | €1.6m | €2.0m | €2.5m | €2.5m | €3.4m | ▲ 39.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €350,000 | €350,000 | = |
| Financial debts43 | - | - | - | €1.1m | €1.5m | ▲ 32.7% |
| Credit institutions430/8 | - | - | - | €1.1m | €1.5m | ▲ 32.7% |
| Trade debts44 | €390,821 | €768,800 | €666,603 | €841,403 | €1.4m | ▲ 62.7% |
| Suppliers440/4 | - | - | - | €841,403 | €1.4m | ▲ 62.7% |
| Taxes, remuneration and social security45 | - | - | - | €139,975 | €216,512 | ▲ 54.7% |
| Taxes450/3 | - | - | - | €83,951 | €170,454 | ▲ 103% |
| Remuneration and social security454/9 | - | - | - | €56,023 | €46,059 | ▼ 17.8% |
| Other amounts payable47/48 | - | - | - | €0 | €1,080 | - |
| Accrued charges and deferred income492/3 | - | - | - | €49,860 | €47,677 | ▼ 4.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,190 | -€252,130 | €141,982 | €69,239 | -€172,331 | ▼ 349% |
| + Depreciation and write-downs630 | €7,952 | €75,380 | €285,988 | €496,755 | €620,621 | ▲ 24.9% |
| Operating cash flow (approximation) | -€20,238 | -€176,751 | €427,971 | €565,993 | €448,290 | ▼ 20.8% |
| Investment in fixed assets (approximation) | - | -€640,030 | -€1.5m | -€538,031 | -€202,409 | ▲ 62.4% |
| Change in cash | - | €154,932 | -€392,114 | -€97,247 | €117,336 | ▲ 221% |
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
2024
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 02-07-2024
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
Financial
Back to profitnet €141,982
Net result €141,982 after 2 loss-making years.
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
Financial
Weakest financial yearnet -€252,130
Net result drops to -€252,130, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 30 days late
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
04-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
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Directors · office · real estate
Directors
12 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, Nazareth-De Pinte · 1 establishment unit since 2011
Ground area
3,009 m²
Building footprint
154 m²
Volume, LiDAR
1,320 m³
Parcel 44018B0343/00P000, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
ZILTON
since 20112.200.891.495
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44018B0343/00P000 | Flanders | 3,009 m² | 1 · 154 m² | 9.3 m · 3 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MIEKE VAN CUYCK HOFKOUTERSTRAAT 5A,
9890 GAVERE |
02-07-2024 → present |
| Curator | CATHARINA JANSSENS FORT-
LAAN 77, 9000 GENT |
02-07-2024 → present |
Structure & network
Owners and holdings
1 ownerChain of control
- Duror Fashion Group
- Zilton
Highest known parent: Duror Fashion Group. The sources do not say who stands above it.
Owners 1
-
99.99%
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
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 40,000 EUR awarded · 40,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 40,000 EUR | 40,000 EUR |
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Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 937 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
Founded06-07-2011
Fiscal year end30-09
Activities, NACEBEL 2025
47120Other non-specialised retail sale
14299Manufacture of wearing apparel
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46423Wholesale of clothing, excluding workwear and underwear
Contact
Phone
+32 9 385 53 11
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.