Checked.be
Active
BE 1021.140.378Private limited company
ZAAP
Hendrik Heymanplein 150 ·9100 Sint-Niklaas, Belgium· 1 yrs active
Sector: Full-service restaurants
(56111)
Conclusion
The computed 12-month bankruptcy probability of ZAAP is 2.4% (moderate). The 2025 annual accounts show equity of €74k and a net result of €44k. Its solvency ranks better than 52% of 12499 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €74k |
| Net result | €44k |
| Staff (FTE) | 1.2 |
| Better than sector | 52% |
Financial profile
76
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
78
Profitability
100
Solvency
57
Growth
-
Stability
67
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Young company
Founded in 2025, under 3 years, statistically higher risk.
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
78
/ 100
Excellent
Computed from 4 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
€6k
estimate, not credit advice
Score components
Liquidity
Current ratio 1.23 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.19 (≥ 1.0)
+5
Profitability
ROE 60% (≥ 10%)
+10
Interest coverage
Interest coverage 27.3× (≥ 3×)
+8
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 20-08-2026 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 33.0% | 30.5% | |
| Net result | €44k | €5k | |
| Equity | €74k | €30k | |
| Gross operating margin | €107k | €62k | |
| Staff costs | €44k | €56k |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €60k |
| Net profit | €44k |
| Cash flow | €52k |
| Staff costs | €44k |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €225k |
| Equity | €74k |
| Debt | €150k |
| of which ≤ 1y | €70k |
| of which > 1y | €80k |
| Working capital | €16k |
| Employees (FTE) | 1.2 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.23 |
| Quick ratio | 1.19 |
| Working capital ratio | 7.2% |
| Solvency | 33.0% |
| Debt / equity | 2.03 |
| Long-term debt ratio | 1.08 |
| Interest coverage | 27.25 |
| Gross margin | - |
| Net margin | - |
| ROA | 19.6% |
| ROE | 59.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €225k |
| Fixed assets | 21/28 | €138k |
| Tangible fixed assets | 22/27 | €134k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €87k |
| Stocks & contracts in progress | 3 | €3k |
| Cash & bank | 54/58 | €80k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €225k |
| Equity | 10/15 | €74k |
| Contributions / capital | 10/11 | €30k |
| Reserves | 13 | €44k |
| Amounts payable | 17/49 | €150k |
| Amounts payable after one year | 17 | €80k |
| Amounts payable within one year | 42/48 | €70k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €107k |
| Operating result | 9901 | €53k |
| Financial income | 75 | €6 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €50k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €44k |
| Result to be appropriated | 9905 | €44k |
Legal Structure
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 18-03-2025 |
| Status | Active |
| Postal code | 9100 |
Establishment units
Tib Top Thai
since 20252.371.329.207
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E1557/00P000 | Flanders | 2,258 m² | 1 · 1,795 m² | - |
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).
Updates
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
NBB filing
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Full-service restaurants56111Limited-service restaurants, excluding mobile food services56112
Names & trade names
| Legal nameNL | ZAAP |
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