Checked.be
Active
BE 0873.626.738Private limited company
ZODIAC
Martelaarslaan 19 ·9000 Gent, Belgium· 21 yrs active
Sector: Full-service restaurants
(56111)
Conclusion
ZODIAC has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €910k and a net result of €144k. Equity is growing by ~37.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 3462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €910k |
| Net result | €144k |
| Staff (FTE) | 29.4 |
| Better than sector | 79% |
Financial profile
90
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
79
Solvency
99
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2005, 21 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
93
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€85k
estimate, not credit advice
Score history
10
2022
89
2023
93
2024
93
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.09 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.04 (≥ 1.0)
+5
Leverage
Debt/equity 0.62 (< 1.0)
+10
Profitability
ROE 16% (≥ 10%)
+10
Interest coverage
Interest coverage 26.1× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~37.4%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 56, Food and beverage service activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 61.6% | 29.8% | |
| Net result | €144k | €11k | |
| Equity | €910k | €90k | |
| Gross operating margin | €1.47M | €260k | |
| Staff costs | €1.15M | €250k |
€302k
-35.0%
22-25
€144k
-39.2%
22-25
€239k
-27.0%
22-25
€1.48M
+9.5%
22-25
€910k
+18.8%
22-25
€586k
+36.3%
22-25
29
+4.3%
22-25
€1.15M
+16.6%
22-25
€51k
-61.2%
22-25
€567k
-2.8%
22-25
€539k
+3.7%
22-25
€28k
-56.3%
22-25
2.09
+14.2%
22-25
2.04
+14.4%
22-25
61.6%
+8.5%
22-25
0.62
-18.2%
22-25
15.8%
-48.8%
22-25
9.8%
-44.4%
22-25
26.07
-49.3%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €302k | €464k | €485k | €-224k |
| Net profit | €144k | €237k | €359k | €-357k |
| Cash flow | €239k | €328k | €441k | €-297k |
| Staff costs | €1.15M | €988k | €1.34M | €1.23M |
| Income taxes | €51k | €132k | €34k | €369 |
| Dividends | - | - | - | - |
| Total assets | €1.48M | €1.35M | €1.21M | €827k |
| Equity | €910k | €766k | €529k | €170k |
| Debt | €567k | €583k | €681k | €657k |
| of which ≤ 1y | €539k | €520k | €571k | €552k |
| of which > 1y | €28k | €63k | €109k | €105k |
| Working capital | €586k | €430k | €220k | €-140k |
| Employees (FTE) | 29.4 | 28.2 | 33.4 | 27.8 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 2.09 | 1.83 | 1.38 | 0.75 |
| Quick ratio | 2.04 | 1.79 | 1.35 | 0.71 |
| Working capital ratio | 39.7% | 31.9% | 18.2% | -16.9% |
| Solvency | 61.6% | 56.8% | 43.7% | 20.6% |
| Debt / equity | 0.62 | 0.76 | 1.29 | 3.86 |
| Long-term debt ratio | 0.03 | 0.08 | 0.21 | 0.62 |
| Interest coverage | 26.07 | 51.37 | 48.27 | -3.09 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 9.8% | 17.6% | 29.7% | -43.1% |
| ROE | 15.8% | 31.0% | 67.8% | -209.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.48M | €1.35M | €1.21M | €827k |
| Fixed assets | 21/28 | €352k | €399k | €418k | €415k |
| Intangible fixed assets | 21 | - | - | - | €341 |
| Tangible fixed assets | 22/27 | €352k | €399k | €418k | €415k |
| Financial fixed assets | 28 | €198 | €198 | €198 | €387 |
| Current assets | 29/58 | €1.13M | €950k | €791k | €412k |
| Stocks & contracts in progress | 3 | €23k | €21k | €18k | €20k |
| Amounts receivable within one year | 40/41 | €495k | €239k | €249k | €312k |
| Cash & bank | 54/58 | €562k | €644k | €515k | €67k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.48M | €1.35M | €1.21M | €827k |
| Equity | 10/15 | €910k | €766k | €529k | €170k |
| Contributions / capital | 10/11 | €106k | €106k | €106k | €106k |
| Reserves | 13 | €322k | €196k | €6k | €6k |
| Accumulated profits (losses) | 14 | €482k | €464k | €416k | €57k |
| Amounts payable | 17/49 | €567k | €583k | €681k | €657k |
| Amounts payable after one year | 17 | €28k | €63k | €109k | €105k |
| Amounts payable within one year | 42/48 | €539k | €520k | €571k | €552k |
| Trade debts payable within one year | 44 | €317k | €293k | €304k | €273k |
| Income statement | |||||
| Gross operating margin | 9900 | €1.47M | €1.61M | €1.83M | €1.02M |
| Operating result | 9901 | €207k | €374k | €403k | €-284k |
| Financial income | 75 | €6 | €4k | €20 | €31 |
| Financial charges | 65 | €12k | €9k | €10k | €73k |
| Result before taxes | 9903 | €195k | €369k | €393k | €-357k |
| Income taxes | 67/77 | €51k | €132k | €34k | €369 |
| Net result for the period | 9904 | €144k | €237k | €359k | €-357k |
| Result to be appropriated | 9905 | €18k | €48k | €359k | €-357k |
Directors & mandates
Current directors & mandates
-
Casualfood BvLegal entityDirectorState Gazette act 23011854 (24-01-2023)Current24-01-2023 → present
Former directors (1)
-
Endeavor BvLegal entityDirectorState Gazette act 23011854 (24-01-2023)Former- → 24-01-2023
Legal Structure
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 03-05-2005 |
| Status | Active |
| Postal code | 9000 |
Establishment units
ZODIAC
since 20052.148.013.233
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0953/00S000indicative | Flanders | 162 m² | 1 · 133 m² | 21.3 m · 6 fl. |
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 70 days late
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 434 days late
24-07
State Gazette act
Statutes amendment
v3.2
2023
31-12
Financial
Back to profitnet €359k
Net result €359k after one loss-making year.
31-12
Financial
Equity above €500kEq €529k ▲211%
Equity rises from €170k to €529k.
24-01
State Gazette act
Director changes
v3.2
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 98 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 2
updated 2 years ago
2024
24-07-2024 Articles of association amended
Summary:
v3.2
Technical details
{
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"name_change": {
"new": "",
"old": "",
"changed": false
},
"seat_change": {
"changed": false
},
"object_change": {
"changed": false
},
"subject_company": {
"kbo": "0873.626.738",
"name_full": "ZODIAC"
},
"legal_form_change": {
"new": "Besloten vennootschap",
"old": "Besloten vennootschap met beperkte aansprakelijkheid",
"changed": true
}
}2023
24-01-2023 1 director appointed, 1 resigning
- Casualfood Bv, Bestuurder
- Endeavor Bv, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Endeavor Bv",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Casualfood Bv",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0873.626.738",
"name_full": "ZODIAC"
}
}Credit advice
Company registry (CBE)
Activities
5530155302Full-service restaurants56101Limited-service restaurants56102Full-service restaurants56111Limited-service restaurants, excluding mobile food services56112
Names & trade names
| Legal nameNL | ZODIAC |
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