Public limited company · founded 1979 · 46 yrs activeBischoffsheimlaan 15, 1000 Brussel, BelgiumKBO/BCE: BE 0419.920.423
Summary
ZORGI has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.0m and a net result of €4.7m. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 4231 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability77=
Solvency70▲+3
Growth57▼-2
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
1.2%Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,150,000 at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.91 in 2024; short-term debt: 46.1% and cash: 7.3% of total assets), but 55.3% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 44 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 17 May (4 of the last 5 filed years within 30 days of that day).
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
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 6 November 1979, ZORGI was incorporated.1Of the 3 current board members, Quadrivium Management has served longest, since 2026.2Revenue went from EUR 33 million in 2018 to EUR 62 million in 2025 and headcount from 184 to 324 full-time equivalents.3
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
Net result€5.2mabove the sector's middle half▼ 21.0%€7.3mabove the sector's middle half▲ 42.4%€861,113above the sector's middle half▼ 88.3%€4.7mabove the sector's middle half▲ 440%€4.7mabove the sector's middle half▲ 1.4%
Equity€12.4mabove the sector's middle half▲ 11.5%€21.2mabove the sector's middle half▲ 71.1%€8.7mabove the sector's middle half▼ 59.2%€13.3mabove the sector's middle half▲ 53.7%€18.0mabove the sector's middle half▲ 35.4%
Total assets€34.9mabove the sector's middle half▲ 12.2%€40.0mabove the sector's middle half▲ 14.7%€28.5mabove the sector's middle half▼ 28.9%€31.6mabove the sector's middle half▲ 10.9%€40.3mabove the sector's middle half▲ 27.8%
Working capital€10.5mabove the sector's middle half▲ 0.7%€20.6mabove the sector's middle half▲ 96.8%€8.1mabove the sector's middle half▼ 60.9%€13.9mabove the sector's middle half▲ 72.5%€19.6mabove the sector's middle half▲ 41.0%
Solvency35.6%within the sector's middle half▼ 0.2pp53.0%within the sector's middle half▲ 17.5pp30.4%within the sector's middle half▼ 22.6pp42.2%within the sector's middle half▲ 11.7pp44.7%within the sector's middle half▲ 2.5pp
Current ratio1.49within the sector's middle half▼ 0.092.32above the sector's middle half▲ 0.831.47within the sector's middle half▼ 0.851.91within the sector's middle half▲ 0.442.05within the sector's middle half▲ 0.15
Return on assets (ROA)14.8%above the sector's middle half▼ 6.2pp18.3%above the sector's middle half▲ 3.6pp3.0%within the sector's middle half▼ 15.3pp14.7%above the sector's middle half▲ 11.7pp11.7%above the sector's middle half▼ 3.0pp
Staff (FTE)224.7above the sector's middle half▲ 2.7%309.1above the sector's middle half▲ 37.6%306.1above the sector's middle half▼ 1.0%317.6above the sector's middle half▲ 3.8%324.4above the sector's middle half▲ 2.1%
abovewithinbelowthe middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40.3m
94.6%
Fixed assets€2.2m ▼ 9.0%
Current assets€38.2m ▲ 30.8%
Equity and liabilities €40.3m
44.7%
52.3%
Equity€18.0m ▲ 35.4%
Provisions€1.2m ▲ 250%
Debt€21.1m ▲ 17.7%
Debt's share of the balance-sheet total falls from 56.7% to 52.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7.0m▲
2024 · €5.9m
Cash flow
€6.1m▲
2024 · €5.7m
Quick ratio
1.65▲
2024 · 1.64
Debt to equity
1.17▼
2024 · 1.35
ROE
26.2%▼
2024 · 35.0%
Interest coverage
2538.04▲
2024 · 237.01
Debt ≤ 1 year
€18.6m▲
2024 · €15.3m
Income taxes
€902,990▲
2024 · €162,860
Staff costs
€30.8m▲
2024 · €28.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 321 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 98% are still going.
Large
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
0%went bankrupt
2.5%stopped otherwise
98%still going
For this company itself Checked computes a higher bankruptcy probability: 1.2% 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 497,338 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%
1.9%
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 321 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 accountsAs filed with the NBB · 2025 against 2024 · 89 lines
Balance sheetCode20242025
Assets
Total assets20/58€31.6m€40.3m▲
Fixed assets21/28€2.4m€2.2m▼
Intangible fixed assets21€1.0m€879,329▼
Tangible fixed assets22/27€912,630€788,933▼
Land and buildings22€9,110€7,853▼
Plant, machinery and equipment23€246,934€261,500▲
Furniture and vehicles24€252,675€157,156▼
Other tangible fixed assets26€403,911€362,425▼
Financial fixed assets28€453,893€495,768▲
Other financial fixed assets284/8€453,893€495,768▲
Shares284€1,800€1,800=
Amounts receivable and cash guarantees285/8€452,093€493,968▲
Current assets29/58€29.2m€38.2m▲
Amounts receivable after more than one year29€294,813€262,074▼
Trade receivables290€294,813€262,074▼
Stocks and contracts in progress3€4.1m€7.5m▲
Stocks30/36€4,290€4,290=
Goods purchased for resale34€4,290€4,290=
Contracts in progress37€4.1m€7.5m▲
Amounts receivable within one year40/41€14.9m€13.1m▼
Trade receivables40€14.7m€12.8m▼
Other amounts receivable41€231,353€240,755▲
Current investments50/53€4.5m€12.5m▲
Other investments51/53€4.5m€12.5m▲
Cash at bank and in hand54/58€3.3m€3.0m▼
Deferred charges and accrued income490/1€2.0m€1.9m▼
Equity and liabilities
Total equity and liabilities10/49€31.6m€40.3m▲
Equity10/15€13.3m€18.0m▲
Contributions10/11€4.7m€4.7m=
Capital10€4.7m€4.7m=
Issued capital100€4.7m€4.7m=
Reserves13€3.0m€3.0m=
Non-distributable reserves130/1€2.3m€2.3m=
Legal reserve130€2.3m€2.3m=
Tax-exempt reserves132€756,155€2,565▼
Distributable reserves133-€753,590
Profit (loss) carried forward14€5.5m€10.2m▲
Investment grants15€33,201€27,951▼
Provisions and deferred taxes16€354,980€1.2m▲
Provisions for liabilities and charges160/5€354,980€1.2m▲
Taxes161-€528,460
Other liabilities and charges164/5€354,980€713,473▲
Amounts payable17/49€17.9m€21.1m▲
Amounts payable within one year42/48€15.3m€18.6m▲
Current portion of amounts payable after more than one year42€182,639-
Trade debts44€5.2m€5.6m▲
Suppliers440/4€5.2m€5.6m▲
Advances received on contracts in progress46€4.9m€7.0m▲
Taxes, remuneration and social security45€5.0m€6.0m▲
Taxes450/3€1.0m€1.2m▲
Remuneration and social security454/9€4.0m€4.7m▲
Other amounts payable47/48€2,089€2,512▲
Accrued charges and deferred income492/3€2.6m€2.5m▼
Income statementCode20242025
Operating income70/76A€64.0m€68.2m▲
Turnover70€64.3m€62.4m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€3.7m€3.3m▲
Other operating income74€3.5m€2.4m▼
Non-recurring operating income76A€100€100=
Operating charges60/66A€59.2m€62.5m▲
Goods for resale, raw materials and consumables60€19.8m€17.9m▼
Purchases600/8€19.8m€17.9m▼
Services and other goods61€10.3m€11.1m▲
Remuneration, social security and pensions62€28.2m€30.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.0m€1.4m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2.2m€204,589▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€83,574€358,493▲
Other operating charges640/8€1.9m€832,460▼
Non-recurring operating charges66A€123€1,437▲
Operating profit (loss)9901€4.9m€5.6m▲
Financial income75/76B€6,435€42,059▲
Recurring financial income75€6,435€42,059▲
Income from current assets751€382€24,616▲
Other financial income752/9€6,053€17,443▲
Financial charges65/66B€63,123€33,461▼
Recurring financial charges65€63,123€33,461▼
Debt charges650€24,898€2,742▼
Other financial charges652/9€38,224€30,719▼
Profit (loss) for the period before taxes9903€4.8m€5.6m▲
Income taxes67/77€162,860€902,990▲
Taxes670/3€162,912€902,990▲
Tax adjustments and reversals of tax provisions77€52-
Profit (loss) for the period9904€4.7m€4.7m▲
Transfer from tax-exempt reserves789-€753,590
Profit (loss) for the period to be appropriated9905€4.7m€5.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906€5.5m€11.0m▲
Profit (loss) brought forward from the previous period14P€861,113€5.5m▲
Transfer to equity691/2-€753,590
To other reserves6921-€753,590
Social balance
Average headcount (FTE)9087317.6324.4▲
The notes to these accounts (74 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
€43.3m
€53.8m
€64.2m
€64.0m
€68.2m
▲ 6.4%
Turnover70
€42.1m
€52.0m
€56.6m
€64.3m
€62.4m
▼ 2.9%
Change in stocks of work in progress, finished goods and contracts in progress71
€65,540
-€1.3m
€3.2m
-€3.7m
€3.3m
▲ 189%
Other operating income74
€1.1m
€3.1m
€3.8m
€3.5m
€2.4m
▼ 31.3%
Non-recurring operating income76A
€400
€4,300
€626,000
€100
€100
=
Operating charges60/66A
€37.4m
€50.2m
€63.4m
€59.2m
€62.5m
▲ 5.7%
Goods for resale, raw materials and consumables60
€11.3m
€12.3m
€19.2m
€19.8m
€17.9m
▼ 9.7%
Purchases600/8
€11.3m
€12.3m
€19.2m
€19.8m
€17.9m
▼ 9.7%
Change in stocks: decrease (increase)609
-
€2,246
-
-
-
-
Services and other goods61
€7.6m
€10.9m
€11.6m
€10.3m
€11.1m
▲ 7.8%
Remuneration, social security and pensions62
€18.1m
€24.8m
€27.1m
€28.2m
€30.8m
▲ 9.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€480,396
€1.4m
€1.3m
€1.0m
€1.4m
▲ 31.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
-€71,617
-€568,240
€2.1m
-€2.2m
€204,589
▲ 109%
Provisions for liabilities and charges: additions (uses and reversals)635/8
-
-
€271,405
€83,574
€358,493
▲ 329%
Other operating charges640/8
€67,638
€1.5m
€1.8m
€1.9m
€832,460
▼ 56.0%
Non-recurring operating charges66A
-
-
€1,732
€123
€1,437
▲ 1,072%
Operating profit (loss)9901
€5.8m
€3.6m
€873,458
€4.9m
€5.6m
▲ 15.2%
Financial income75/76B
€36,162
€4.1m
€69,872
€6,435
€42,059
▲ 554%
Recurring financial income75
€36,162
€4.1m
€69,872
€6,435
€42,059
▲ 554%
Income from financial fixed assets750
-
€3.9m
-
-
-
-
Income from current assets751
€27,252
€183,702
€64,421
€382
€24,616
▲ 6,341%
Other financial income752/9
€8,910
€5,963
€5,451
€6,053
€17,443
▲ 188%
Financial charges65/66B
€24,024
€120,904
€56,426
€63,123
€33,461
▼ 47.0%
Recurring financial charges65
€24,024
€120,904
€56,426
€63,123
€33,461
▼ 47.0%
Debt charges650
€2,003
€35,306
€22,344
€24,898
€2,742
▼ 89.0%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651
-
€48,846
-
-
-
-
Other financial charges652/9
€22,021
€36,752
€34,082
€38,224
€30,719
▼ 19.6%
Profit (loss) for the period before taxes9903
€5.9m
€7.5m
€886,904
€4.8m
€5.6m
▲ 16.7%
Income taxes67/77
€707,164
€186,068
€25,792
€162,860
€902,990
▲ 454%
Taxes670/3
€710,000
€522,065
€25,792
€162,912
€902,990
▲ 454%
Tax adjustments and reversals of tax provisions77
€2,836
€335,997
-
€52
-
-
Profit (loss) for the period9904
€5.2m
€7.3m
€861,113
€4.7m
€4.7m
▲ 1.4%
Transfer from tax-exempt reserves789
-
-
-
-
€753,590
-
Profit (loss) for the period to be appropriated9905
€5.2m
€7.3m
€861,113
€4.7m
€5.5m
▲ 17.6%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€34.9m
€40.0m
€28.5m
€31.6m
€40.3m
▲ 27.8%
Fixed assets21/28
€3.0m
€3.8m
€3.1m
€2.4m
€2.2m
▼ 9.0%
Intangible fixed assets21
€2.1m
€2.6m
€1.7m
€1.0m
€879,329
▼ 13.0%
Tangible fixed assets22/27
€398,400
€779,070
€1.1m
€912,630
€788,933
▼ 13.6%
Land and buildings22
€12,879
€11,623
€10,366
€9,110
€7,853
▼ 13.8%
Plant, machinery and equipment23
€181,758
€258,941
€277,172
€246,934
€261,500
▲ 5.9%
Furniture and vehicles24
€123,260
€281,574
€297,938
€252,675
€157,156
▼ 37.8%
Other tangible fixed assets26
€80,503
€226,933
€476,120
€403,911
€362,425
▼ 10.3%
Financial fixed assets28
€511,682
€412,683
€412,683
€453,893
€495,768
▲ 9.2%
Other financial fixed assets284/8
€511,682
€412,683
€412,683
€453,893
€495,768
▲ 9.2%
Shares284
€1,800
€1,800
€1,800
€1,800
€1,800
=
Amounts receivable and cash guarantees285/8
€509,882
€410,883
€410,883
€452,093
€493,968
▲ 9.3%
Current assets29/58
€31.8m
€36.2m
€25.3m
€29.2m
€38.2m
▲ 30.8%
Amounts receivable after more than one year29
€52,691
€360,292
€327,553
€294,813
€262,074
▼ 11.1%
Trade receivables290
€52,691
€360,292
€327,553
€294,813
€262,074
▼ 11.1%
Stocks and contracts in progress3
€5.1m
€4.4m
€5.7m
€4.1m
€7.5m
▲ 81.2%
Stocks30/36
-
€4,290
€4,290
€4,290
€4,290
=
Goods purchased for resale34
-
€4,290
€4,290
€4,290
€4,290
=
Contracts in progress37
€5.1m
€4.4m
€5.7m
€4.1m
€7.5m
▲ 81.3%
Amounts receivable within one year40/41
€22.3m
€27.2m
€12.4m
€14.9m
€13.1m
▼ 12.7%
Trade receivables40
€6.5m
€10.8m
€11.8m
€14.7m
€12.8m
▼ 12.9%
Other amounts receivable41
€15.8m
€16.4m
€616,003
€231,353
€240,755
▲ 4.1%
Current investments50/53
-
€2.0m
€2.0m
€4.5m
€12.5m
▲ 178%
Other investments51/53
-
€2.0m
€2.0m
€4.5m
€12.5m
▲ 178%
Cash at bank and in hand54/58
€3.6m
€1.0m
€3.5m
€3.3m
€3.0m
▼ 10.6%
Deferred charges and accrued income490/1
€794,287
€1.3m
€1.5m
€2.0m
€1.9m
▼ 4.6%
Equity and liabilities
Total equity and liabilities10/49
€34.9m
€40.0m
€28.5m
€31.6m
€40.3m
▲ 27.8%
Equity10/15
€12.4m
€21.2m
€8.7m
€13.3m
€18.0m
▲ 35.4%
Contributions10/11
€8.6m
€11.9m
€4.7m
€4.7m
€4.7m
=
Capital10
€8.1m
€11.9m
€4.7m
€4.7m
€4.7m
=
Issued capital100
€8.1m
€11.9m
€4.7m
€4.7m
€4.7m
=
Outside capital11
€476,450
-
-
-
-
-
Share premium1100/10
€476,450
-
-
-
-
-
Reserves13
€1.6m
€2.0m
€3.0m
€3.0m
€3.0m
=
Non-distributable reserves130/1
€807,475
€1.2m
€2.3m
€2.3m
€2.3m
=
Legal reserve130
€807,475
€1.2m
€2.3m
€2.3m
€2.3m
=
Tax-exempt reserves132
€753,590
€756,155
€756,155
€756,155
€2,565
▼ 99.7%
Distributable reserves133
€80,637
-
-
-
€753,590
-
Profit (loss) carried forward14
€2.2m
€7.3m
€861,113
€5.5m
€10.2m
▲ 85.5%
Investment grants15
€49,208
€43,701
€38,451
€33,201
€27,951
▼ 15.8%
Provisions and deferred taxes16
-
-
€271,405
€354,980
€1.2m
▲ 250%
Provisions for liabilities and charges160/5
-
-
€271,405
€354,980
€1.2m
▲ 250%
Taxes161
-
-
-
-
€528,460
-
Other liabilities and charges164/5
-
-
€271,405
€354,980
€713,473
▲ 101%
Amounts payable17/49
€22.5m
€18.8m
€19.5m
€17.9m
€21.1m
▲ 17.7%
Amounts payable after more than one year17
€139,127
€915,673
€182,639
-
-
-
Financial debts170/4
€139,127
€915,673
€182,639
-
-
-
Credit institutions173
€139,127
€915,673
€182,639
-
-
-
Amounts payable within one year42/48
€21.4m
€15.6m
€17.3m
€15.3m
€18.6m
▲ 21.5%
Current portion of amounts payable after more than one year42
€462,306
€779,157
€673,338
€182,639
-
-
Trade debts44
€3.0m
€5.2m
€6.2m
€5.2m
€5.6m
▲ 8.5%
Suppliers440/4
€3.0m
€5.2m
€6.2m
€5.2m
€5.6m
▲ 8.5%
Advances received on contracts in progress46
€5.8m
€4.7m
€5.4m
€4.9m
€7.0m
▲ 42.2%
Taxes, remuneration and social security45
€3.3m
€5.0m
€4.9m
€5.0m
€6.0m
▲ 19.4%
Taxes450/3
€611,181
€1.1m
€917,891
€1.0m
€1.2m
▲ 23.7%
Remuneration and social security454/9
€2.7m
€3.9m
€3.9m
€4.0m
€4.7m
▲ 18.3%
Other amounts payable47/48
€8.8m
€2,089
€142,929
€2,089
€2,512
▲ 20.3%
Accrued charges and deferred income492/3
€962,907
€2.3m
€2.1m
€2.6m
€2.5m
▼ 4.5%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€5.2m
€7.3m
€861,113
€4.7m
€4.7m
▲ 1.4%
+ Depreciation and write-downs630
€480,396
€1.4m
€1.3m
€1.0m
€1.4m
▲ 31.1%
Operating cash flow (approximation)
€5.6m
€8.7m
€2.1m
€5.7m
€6.1m
▲ 6.8%
Investment in fixed assets (approximation)
-
-€2.1m
-€599,570
-€276,783
-€1.1m
▼ 311%
Change in cash
-
-€2.6m
€2.5m
-€170,984
-€349,796
▼ 105%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Net result drops to €861,113, the lowest in the series; recovery starts the following year.
17-05
NBB filingAnnual accounts filed
fiscal year 2022 · full schema
2022
17-05
NBB filingAnnual accounts filed
fiscal year 2021 · full schema
2021
06-05
NBB filingAnnual accounts filed
fiscal year 2020 · full schema
2020
31-12
FinancialEquity above €10mEq €11.1m ▲17.1%
3 profitable years in a row build equity to €11.1m.
18-06
NBB filingAnnual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-12
FinancialHighest result since 2018net €7.4m ▲27.7%
Operating result €7.6m, net result €7.4m, both a record.
09-05
NBB filingAnnual accounts filed
fiscal year 2018 · full schema
2018
09-05
NBB filingAnnual accounts filed
fiscal year 2017 · full schema
2017
12-05
NBB filingAnnual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
4 of 98 acts read
About the unread acts
Of the 98 Belgian State Gazette acts we know for this company, 4 have been read. The other 94 have not been read yet: what they contain is neither established nor disproved here.
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
Ctro · since 01-06-2026 · Private limited company · perm. rep.: Milena Mitrovic
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
94 of this company's 98 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
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
Bischoffsheimlaan 15, 1000 BrusselScientific research and development
since 19992.016.909.023
ZORGI
Interleuvenlaan 10, 3001 LeuvenWholesale trade
since 20132.219.538.261
ZORGI
Blarenberglaan 3, 2800 MechelenWholesale trade
since 20142.228.481.958
ZORGI
Parc Ind. des Hauts Sarts, 2e av 65, 4040 HerstalWholesale trade
since 20142.228.482.156
ZORGI
Rue Altiero Spinelli 3, 1401 NivellesWholesale trade
since 20172.266.035.905
ZORGI
Legeweg 157F, 8020 OostkampWholesale trade
since 20222.333.769.421
5 parcels
Flanders3(60%)Wallonia1(20%)Brussels1(20%)
Parcel (capakey)
Region
Area
Buildings
Height / fl.
24514C0054/00X000
Flanders
1.7 ha
1 · 1,748 m²
12.2 m · 3 fl.
12402A0102/00R000
Flanders
9,967 m²
1 · 916 m²
16.4 m · 5 fl.
25004A0023/00K010
Wallonia
3,810 m²
1 · 690 m²
14.4 m · 4 fl.
31022A0108/00M002
Flanders
2,771 m²
1 · 2,771 m²
16.7 m · 4 fl.
21803C0336/00E000
Brussels
2,202 m²
1 · 1,990 m²
44.3 m · 12 fl.
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of ZORGI and those 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
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
4 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 3,224 companies in sector 47400 we hold annual accounts for 1,808. 59 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPublic limited company
Founded06-11-1979
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID0208:0419920423
Also9925:BE0419920423
If you follow this company, Checked tells you the day it leaves the Peppol register.