ACTIVE

ZIGURAT

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Financial year 2025 · closed on 30/06/2025

Net result

-13,1 k €

-109.5% YoY

Gross margin

13,2 k €

-92.2% YoY

Equity

139,9 k €

-8.6% YoY

What does ZIGURAT do?

ZIGURAT is a Public limited company incorporated in 2006. Its main activity is: Development of building projects. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0885.925.546

Incorporation

26/12/2006

Legal form

Public limited company

Registered office

Spinnerijkaai(Kor) 45 box 202
8500 Kortrijk · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices

Signals

Positive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	13,2 k €	-92.2%	169,8 k €	+1770%	-10,2 k €	-58.4%	-6,4 k €	+48.6%	-12,5 k €	-407%	-2,5 k €	+82.9%	-14,4 k €	-2510%	-550,1 €	+75.7%	-2,3 k €	+87.8%	-18,5 k €	-1151%	1,8 k €	-99.4%	302,1 k €	-28.5%	422,4 k €	+55.8%	271 k €	+27967%	-972,5 €	-103%	33,3 k €	+2463%	-1,4 k €	+10.3%	-1,6 k €
EBITDA	11,9 k €	-92.9%	168,1 k €	+1564%	-11,5 k €	-23.1%	-9,3 k €	+36.2%	-14,6 k €	-469%	-2,6 k €	+82.6%	-14,8 k €	-1377%	-1 k €	+65.0%	-2,9 k €	+84.9%	-19 k €	-2497%	791,1 €	-99.7%	301,1 k €	-28.5%	421,3 k €	+56.6%	269 k €	+11743%	-2,3 k €	-107%	32,3 k €	+1708%	-2 k €	+25.6%	-2,7 k €
Operating result	11,9 k €	-92.9%	168,1 k €	+1564%	-11,5 k €	-23.1%	-9,3 k €	+36.2%	-14,6 k €	-469%	-2,6 k €	+82.6%	-14,8 k €	-1377%	-1 k €	+65.0%	-2,9 k €	+84.9%	-19 k €	-2497%	791,1 €	-99.7%	301,1 k €	-28.5%	421,3 k €	+56.6%	269 k €	+11743%	-2,3 k €	-107%	32,3 k €	+1708%	-2 k €	+56.7%	-4,6 k €
Net result	-13,1 k €	-109%	138,2 k €	+834%	-18,8 k €	+39.8%	-31,3 k €	-91.5%	-16,3 k €	-3279%	513,7 €	+103%	-15,1 k €	-1160%	-1,2 k €	+60.4%	-3 k €	+82.2%	-16,9 k €	-289%	-4,4 k €	-102%	200,1 k €	-21.9%	256,4 k €	+214%	81,7 k €	+232%	-62,1 k €	-306%	30,2 k €	+1119%	-3 k €	+42.0%	-5,1 k €
Balance sheet
Equity	139,9 k €	-8.6%	153 k €	+936%	14,8 k €	-56.0%	33,6 k €	-48.2%	64,9 k €	-20.1%	81,2 k €	-30.4%	116,7 k €	-11.4%	131,7 k €	-0.9%	132,9 k €	-59.0%	324 k €	-5.0%	340,9 k €	-1.3%	345,3 k €	-37.0%	548,1 k €	+87.9%	291,7 k €	+38.9%	210 k €	-22.8%	272,1 k €	+12.5%	241,9 k €	-1.2%	244,9 k €
Total assets	4 M €	+47.1%	2,7 M €	-53.1%	5,8 M €	+20.5%	4,8 M €	+206%	1,6 M €	+215%	502,3 k €	+259%	140,1 k €	-9.9%	155,5 k €	+0.1%	155,3 k €	-55.2%	346,3 k €	-9.7%	383,4 k €	-23.2%	499,2 k €	-50.4%	1 M €	-78.8%	4,8 M €	+10.4%	4,3 M €	+103%	2,1 M €	+52.0%	1,4 M €	+12.2%	1,2 M €
Cash	773,8 k €	+94.3%	398,2 k €	+432%	74,9 k €	-94.2%	1,3 M €	+14945%	8,5 k €	-11.3%	9,6 k €	-92.8%	133,8 k €	-0.0%	133,9 k €	-1.0%	135,3 k €	-57.6%	318,8 k €	-2.5%	327,1 k €	-26.3%	443,8 k €	+10439%	4,2 k €	-95.5%	93,6 k €	+530%	14,8 k €	+22.7%	12,1 k €	-76.8%	52,2 k €	+366%	11,2 k €
Debts	3,9 M €	+50.4%	2,6 M €	-55.7%	5,8 M €	+21.1%	4,8 M €	+217%	1,5 M €	+260%	421,2 k €	+1700%	23,4 k €	-1.4%	23,7 k €	+6.1%	22,4 k €	+0.0%	22,4 k €	-47.4%	42,5 k €	-72.4%	153,9 k €	-66.5%	459,1 k €	-89.7%	4,5 M €	+8.9%	4,1 M €	+121%	1,9 M €	+60.2%	1,2 M €	+15.5%	1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 27 ended

Active mandates

BERNUS

Managing director · since 20 mars 2020 · 0871.407.319

Represented by Berton FILIP

Active

MANUEL

Director · since 20 mars 2020 · 0635.906.264

Represented by Claerhout Hilde

Active

Ended mandates

Gabriel Berton

Director · since 21 décembre 2023

Ended

MANUEL

Director · since 21 décembre 2023 · 0635.906.264

Represented by Claerhout Hilde

Ended

BERNUS

Managing director · since 20 mars 2020 · until 19 mars 2026 · 0871.407.319

Represented by Filip Berton

Ended

BERNUS

Managing director · since 20 mars 2020 · until 19 mars 2026 · 0871.407.319

Represented by Filip Berton

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	30/01/2025	31/01/2024	22/12/2022	31/01/2022	16/12/2020
General meeting	29/12/2025	31/12/2024	31/01/2024	20/12/2022	15/01/2022	05/12/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	29/12/2025	29/01/2026	Dutch	PDF
Abridged model	30/06/2024	31/12/2024	30/01/2025	Dutch	PDF
Abridged model	30/06/2023	31/01/2024	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	20/12/2022	22/12/2022	Dutch	PDF
Abridged model	30/06/2021	15/01/2022	31/01/2022	Dutch	PDF
Abridged model	30/06/2020	05/12/2020	16/12/2020	Dutch	PDF
Abridged model	30/06/2019	07/12/2019	17/12/2019	Dutch	PDF
Abridged model	30/06/2018	01/12/2018	04/12/2018	Dutch	PDF
Micro model	30/06/2017	02/12/2017	19/12/2017	Dutch	PDF
Abridged model	30/06/2016	03/12/2016	12/12/2016	Dutch	PDF
Abridged model	30/06/2015	05/12/2015	14/12/2015	Dutch	PDF
Abridged model	30/06/2014	05/12/2014	19/12/2014	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	23/12/2013	Dutch	PDF
Abridged model	30/06/2012	12/01/2013	12/02/2013	Dutch	PDF
Abridged model	30/06/2011	23/12/2011	13/01/2012	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	04/01/2011	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	05/01/2010	Dutch	PDF
Abridged model	30/06/2008	15/12/2008	15/01/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 30/06/2025 · 2 active · 27 ended

Active mandates

BERNUS

Managing director · since 20 mars 2020 · 0871.407.319

Represented by Berton FILIP

Active

MANUEL

Director · since 20 mars 2020 · 0635.906.264

Represented by Claerhout Hilde

Active

Ended mandates

Gabriel Berton

Director · since 21 décembre 2023

Ended

MANUEL

Director · since 21 décembre 2023 · 0635.906.264

Represented by Claerhout Hilde

Ended

BERNUS

Managing director · since 20 mars 2020 · until 19 mars 2026 · 0871.407.319

Represented by Filip Berton

Ended

BERNUS

Managing director · since 20 mars 2020 · until 19 mars 2026 · 0871.407.319

Represented by Filip Berton

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/10/2016
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/02/2013
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other05/01/2007
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 2025-13,1 k €↓
2024
Annual accounts 2024138,2 k €↑
2023
Annual accounts 2023-18,8 k €↑
2022
Annual accounts 2022-31,3 k €↓
2021
Annual accounts 2021-16,3 k €↓
2020
Annual accounts 2020513,7 €↑
2019
Annual accounts 2019-15,1 k €↓
2018
Annual accounts 2018-1,2 k €↑
2017
Annual accounts 2017-3 k €↑
2016
Annual accounts 2016-16,9 k €↓
2015
Annual accounts 2015-4,4 k €↓
2014
Annual accounts 2014200,1 k €↓
2013
Annual accounts 2013256,4 k €↑
2012
Annual accounts 201281,7 k €↑
2011
Annual accounts 2011-62,1 k €↓
2010
Annual accounts 201030,2 k €↑
2009
Annual accounts 2009-3 k €↑
2008
Annual accounts 2008-5,1 k €
26/12/2006
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

ZIGURAT

Overview

What does ZIGURAT do?

Trend over 18 financial years

Indicative valuation

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