OPENING OF BANKRUPTCY

Ziegler

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Financial year 2024 · closed on 31/12/2024

Net result

-1,6 M €

-36.2% YoY

Revenue

129,4 M €

-6.6% YoY

Equity

26,1 M €

+15.0% YoY

Workforce

324,0 ETP

-3.5% YoY

Company — Opening of bankruptcy.

Strike-off: 02 juin 2026

What does Ziegler do?

Ziegler is a Public limited company incorporated in 1937. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Bruxelles. It employs on average 324,0 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0403.480.507

Incorporation

27/09/1937

Legal form

Public limited company

Registered office

Chaussée de Vilvorde 11
1120 Bruxelles · BruxellesSee on map

Contributed capital

23 680 218,79 €

Latest accounts

31/12/2024

Average workforce

324,0 ETP

Activities (NACE)

45201Maintenance and repair of motor vehicles· main 49410Freight transport by road 49410Freight transport by road 60242Television programming and broadcasting activities 95311Repair of computers and personal and household goods 49410Freight transport by road+1

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	129,4 M €	-6.6%	138,5 M €	-27.6%	191,3 M €	+22.5%	156,2 M €	+31.3%	119 M €	+2.4%	116,3 M €	-4.6%	121,9 M €	+1.9%	119,6 M €	+10.4%	108,4 M €	+1.8%	106,4 M €	+1.7%	104,7 M €	+1.0%	103,6 M €	-2.8%	106,6 M €	-4.4%	111,5 M €	+9.3%	102 M €	+3.8%	98,3 M €	-23.5%	128,5 M €	-1.7%	130,8 M €	+4.9%	124,7 M €
EBITDA	2,6 M €	+6.0%	2,4 M €	-46.9%	4,5 M €	-3.0%	4,7 M €	+38.3%	3,4 M €	-31.9%	5 M €	+66.0%	3 M €	+62.5%	1,8 M €	+378%	-663,3 k €	-156%	1,2 M €	+778%	-174,6 k €	+59.3%	-429,2 k €	-120%	2,2 M €	-8.7%	2,4 M €	+3.9%	2,3 M €	+28.1%	1,8 M €	-66.7%	5,4 M €	-55.2%	12,1 M €	+157%	4,7 M €
Operating result	112,1 k €	+187%	-128,1 k €	-107%	1,9 M €	-19.4%	2,3 M €	+113%	1,1 M €	-63.9%	3 M €	+73.3%	1,8 M €	+135%	745,1 k €	+142%	-1,8 M €	-659%	316 k €	+124%	-1,3 M €	+36.6%	-2 M €	-274%	1,2 M €	+93.7%	604,4 k €	-27.0%	827,6 k €	+2527%	-34,1 k €	-101%	2,4 M €	-48.1%	4,6 M €	+58.1%	2,9 M €
Net result	-1,6 M €	-36.2%	-1,2 M €	-367%	438,2 k €	+163%	166,8 k €	+664%	21,8 k €	+100%	-37,1 M €	-17936%	208,3 k €	+10.2%	189 k €	+141%	78,4 k €	+138%	-203,9 k €	+98.1%	-10,8 M €	-406%	-2,1 M €	+35.5%	-3,3 M €	-2290%	151,6 k €	+118%	-852,6 k €	-195%	902,2 k €	-55.0%	2 M €	+223%	-1,6 M €	-365%	614,9 k €
Balance sheet
Equity	26,1 M €	+15.0%	22,7 M €	+151%	9 M €	-61.4%	23,4 M €	+28.4%	18,2 M €	+58.3%	11,5 M €	-74.9%	45,9 M €	+1.5%	45,2 M €	+49.5%	30,3 M €	+52.0%	19,9 M €	+31.7%	15,1 M €	-28.3%	21,1 M €	-9.2%	23,2 M €	+69.1%	13,7 M €	+1.1%	13,6 M €	-10.6%	15,2 M €	-4.0%	15,8 M €	+5.3%	15 M €	-9.8%	16,7 M €
Total assets	120,6 M €	+0.1%	120,5 M €	+0.4%	120 M €	+1.4%	118,3 M €	+6.1%	111,5 M €	+3.8%	107,4 M €	-23.4%	140,2 M €	+24.5%	112,6 M €	+5.6%	106,6 M €	+4.9%	101,7 M €	+1.5%	100,2 M €	-4.2%	104,5 M €	+3.8%	100,7 M €	+12.8%	89,3 M €	+6.8%	83,7 M €	-0.3%	83,9 M €	-7.2%	90,5 M €	-2.9%	93,2 M €	-0.8%	94 M €
Cash	433,9 k €	-81.1%	2,3 M €	-28.0%	3,2 M €	+169%	1,2 M €	+169%	438,8 k €	+176%	158,9 k €	-52.9%	337,4 k €	+11.4%	302,8 k €	-72.9%	1,1 M €	+1.6%	1,1 M €	-20.1%	1,4 M €	+132%	592,5 k €	-29.1%	835,7 k €	+614%	117,1 k €	-21.6%	149,3 k €	+13.9%	131 k €	-58.1%	312,8 k €	-26.3%	424,5 k €	+40.5%	302,1 k €
Debts	90,2 M €	-3.3%	93,3 M €	-12.2%	106,2 M €	+19.0%	89,2 M €	+1.2%	88,2 M €	-2.8%	90,7 M €	+0.7%	90 M €	+49.1%	60,4 M €	-11.7%	68,4 M €	-7.2%	73,8 M €	-3.8%	76,7 M €	+3.6%	74 M €	+11.7%	66,2 M €	+2.7%	64,5 M €	+8.3%	59,6 M €	+1.2%	58,8 M €	-9.1%	64,7 M €	-6.7%	69,4 M €	+4.2%	66,6 M €
Other
Workforce	324,0 ETP	-3.5%	335,9 ETP	+1.4%	331,4 ETP	+9.2%	303,5 ETP	-5.1%	319,7 ETP	-6.5%	341,9 ETP	-3.6%	354,5 ETP	+1.3%	349,9 ETP	-0.7%	352,2 ETP	-1.5%	357,5 ETP	-7.1%	384,8 ETP	-4.8%	404,4 ETP	-1.2%	409,3 ETP	-1.9%	417,4 ETP	-2.3%	427,4 ETP	-5.1%	450,5 ETP	-10.8%	505,2 ETP	+0.4%	503,3 ETP	+3.5%	486,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 29 ended

Active mandates

Johan De Brauwer

Director · since 02 juin 2023

Active

Alain ZIEGLER

Managing director

Active

Charlotte ZIEGLER

Director

Active

DILIGENCIA CONSULT

Director · 0827.822.843

Represented by Diane GOVAERTS

Active

Ended mandates

Charlotte ZIEGLER

Director · since 02 janvier 2018 · until 18 juin 2021

Ended

DILIGENCIA CONSULT

Director · since 17 juin 2016 · until 21 juin 2019 · 0827.822.843

Represented by Diane GOVAERTS

Ended

Diane GOVAERTS

Director · since 19 juin 2015 · until 17 juin 2016

Ended

Diane GOVAERTS

Director · since 19 juin 2015 · until 18 juin 2021

Ended

At this address

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/07/2025	10/07/2024	25/07/2023	01/07/2022	07/07/2021	16/10/2020
General meeting	27/06/2025	28/06/2024	04/07/2023	24/06/2022	18/06/2021	07/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	27/06/2025	11/07/2025	French	PDF
Consolidated accounts	31/12/2024	27/06/2025	14/07/2025	French	PDF
Full model	31/12/2023	28/06/2024	10/07/2024	French	PDF
Full model	31/12/2022	04/07/2023	25/07/2023	French	PDF
Full model	31/12/2021	24/06/2022	01/07/2022	French	PDF
Full model	31/12/2020	18/06/2021	07/07/2021	French	PDF
Full model	31/12/2019	07/09/2020	16/10/2020	French	PDF
Full model	31/12/2018	21/06/2019	28/06/2019	French	PDF
Full model	31/12/2017	15/06/2018	25/06/2018	French	PDF
Full model	31/12/2016	16/06/2017	22/06/2017	French	PDF
Full model	31/12/2015	17/06/2016	22/06/2016	French	PDF
Full model	31/12/2014	14/07/2015	20/07/2015	French	PDF
Full model	31/12/2013	19/06/2014	23/06/2014	French	PDF
Full model	31/12/2012	21/06/2013	26/06/2013	French	PDF
Full model	31/12/2011	15/06/2012	21/06/2012	French	PDF
Full model	31/12/2010	17/06/2011	23/06/2011	French	PDF
Full model	31/12/2009	18/06/2010	29/07/2010	French	PDF
Full modelCorrection	31/12/2008	20/10/2009	28/10/2009	French	PDF
Full model	31/12/2008	19/06/2009	23/06/2009	French	PDF
Full modelCorrection	31/12/2007	20/06/2008	05/08/2008	French	PDF
Full model	31/12/2007	20/06/2008	25/06/2008	French	PDF
Full model	31/12/2006	15/06/2007	21/06/2007	French	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 29 ended

Active mandates

Johan De Brauwer

Director · since 02 juin 2023

Active

Alain ZIEGLER

Managing director

Active

Charlotte ZIEGLER

Director

Active

DILIGENCIA CONSULT

Director · 0827.822.843

Represented by Diane GOVAERTS

Active

Ended mandates

Charlotte ZIEGLER

Director · since 02 janvier 2018 · until 18 juin 2021

Ended

DILIGENCIA CONSULT

Director · since 17 juin 2016 · until 21 juin 2019 · 0827.822.843

Represented by Diane GOVAERTS

Ended

Diane GOVAERTS

Director · since 19 juin 2015 · until 17 juin 2016

Ended

Diane GOVAERTS

Director · since 19 juin 2015 · until 18 juin 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2026
DEMISSIONS, NOMINATIONS
PDF
Capital / shares17/11/2025
KAPITAAL - AANDELEN
PDF
Capital / shares17/11/2025
CAPITAL, ACTIONS
PDF
Mandates14/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/08/2025
DEMISSIONS, NOMINATIONS
PDF
Capital / shares05/08/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares05/08/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

03/11/2025
augmentation_capital
21/10/2025
nominationGroupe Audit Belgium — commissaire
28/07/2025
augmentation_capital
04/07/2025
nominationAlain Ziegler — Administrateur délégué Président
04/07/2025
nominationDiane Govaerts — Administrateur
04/07/2025
nominationCharlotte Ziegler — Administrateur
04/07/2025
nominationJohan De Brauwer — Administrateur
04/07/2025
nominationAlain Ziegler — Afgevaardigde bestuurder, Voorzitter
04/07/2025
nominationDiane Govaerts — Bestuurder
04/07/2025
nominationCharlotte Ziegler — Bestuurder
04/07/2025
nominationJohan De Brauwer — Bestuurder
13/03/2025
nominationAlain Ziegler — Administrateur délégué, Président
13/03/2025
nominationDiane Govaerts — Administrateur
13/03/2025
nominationCharlotte Ziegler — Administrateur
13/03/2025
nominationJohan De Brauwer — Administrateur
13/03/2025
nominationAlain Ziegler — Afgevaardigde bestuurder, Voorzitter
13/03/2025
nominationDiane Govaerts — Bestuurder
13/03/2025
nominationCharlotte Ziegler — Bestuurder
13/03/2025
nominationJohan De Brauwer — Bestuurder
2024
Annual accounts 2024-1,6 M €↓
18/11/2024
augmentation_capital
18/11/2024
apport
01/01/2024
nominationGroupe Audit Belgium SRL — commissaire aux comptes consolidés
01/01/2024
nominationGroupe Audit Belgium SRL — commissaris
2023
Annual accounts 2023-1,2 M €↓
25/07/2023
nominationAlain Ziegler — Afgevaardigd bestuurder, Voorzitter
25/07/2023
nominationDiane Govaerts — Bestuurder
25/07/2023
nominationCharlotte Ziegler — Bestuurder
25/07/2023
nominationJohan DE BRAUWER — Bestuurder
25/07/2023
nominationAlain Ziegler — Administrateur délégué, Président
25/07/2023
nominationDiane Govaerts — Administrateur
25/07/2023
nominationCharlotte Ziegler — Administrateur
25/07/2023
nominationJohan De Brauwer — Administrateur
02/06/2023
nominationJohan De Brauwer — bestuurder
02/06/2023
augmentation_capital
2022
Annual accounts 2022438,2 k €↑
29/06/2022
reduction_capital
24/06/2022
reconductionGroupe Audit Belgium SRL — commissaire
2021
Annual accounts 2021166,8 k €↑
2020
Annual accounts 202021,8 k €↑
2019
Annual accounts 2019-37,1 M €↓
2018
Annual accounts 2018208,3 k €↑
2017
Annual accounts 2017189 k €↑
30/05/2017
augmentation_capital
2016
Annual accounts 201678,4 k €↑
2015
Annual accounts 2015-203,9 k €↑
2014
Annual accounts 2014-10,8 M €↓
2013
Annual accounts 2013-2,1 M €↑
2012
Annual accounts 2012-3,3 M €↓
2011
Annual accounts 2011151,6 k €↑
2010
Annual accounts 2010-852,6 k €↓
2009
Annual accounts 2009902,2 k €↓
2008
Annual accounts 20082 M €↑
2007
Annual accounts 2007-1,6 M €↓
2006
Annual accounts 2006614,9 k €
27/09/1937
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Ziegler

Overview

What does Ziegler do?

Trend over 19 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline