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BLITZ

Active Public limited companyfounded 1996active for 30 yearsStatiestraat 40, 2018 AntwerpKBO/BCE: BE 0458.785.551 subsidiary of #6 company by equity in the province of Antwerp, Sports and recreation sector

Lifetime

20 annual accounts with figures on one time axis, 29 filings since 1997
peak €12.3m (2023)
€9.4m▼ 11.4%
peak €2.5m (2024)
€1.7m▼ 34.3%
peak €16.5m (2025)
€16.5m▲ 11.1%
€3.3m▲ 0.1%
peak 29 FTE (2019)
21.7 FTE▼ 2.7%
Board4 names since 2017
2 directors and 1 other
Owners4 names in the annual accounts
99.6% and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Result from €2.5m to €1.7m

Key points

from the 2025 annual accounts

Equity

€16.5m ▲ 11.1%

BLITZ has made a profit in every financial year since 2006.

Result

€1.7m ▼ 34.3%
€2.5m2024€1.7m2025

The result fell in 2025 from €2.5m to €1.7m.

Staff

21.7 FTE from 29 in 2019

Between 2019 and 2025, 25% of the full-time equivalents disappeared.

Payment terms

58 days to suppliers
Suppliers
32 to 58
Customers
8 to 7

BLITZ pays its suppliers 26 days later than in 2024. Customers pay 1 day earlier.

Filings

29 annual accounts since 1997
AprilJune31 JulyOctober200020102020

Seven of the last ten came late. The 2019 accounts came latest: 92 days after the end of the period.

Position in the sector

€1.7m

Higher net result than 92% of companies in sports and recreation. Sector median €6,238 · 208 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as BLITZ has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,135 companies, not a prediction for BLITZ. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Chair
Daily manager
Director
Auditor,
  • 99.6%equity €4.6m (2025) · 2025 annual accounts of
  • consolidatesannual accounts 2022
  • 0.4%score equity €2.7m (2025) · 2025 annual accounts of

Shares in 1 company,

Board & ownership

Recent changes

Appointment: (day-to-day manager) Board meeting of 03-11-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0458785551
Reappointment: (statutory auditor) “De productie,verkoop,transmissie van elektriciteit op basis van hernieuwbare energiebronnen,inclusief het…” (deed in Dutch) · General meeting of 20-03-2024 · Gazette deed
Reappointments: (chair) and (director) General meeting of 30-03-2023 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
BLITZ Antwerp €9.4m 22.3% 83.2% 21.7
Family Center Tirou La Louvière €10.8m 9.5% 49.5% 22
CITEXAR Brussels €13.8m 10.8% 71.9% 47.6
ICE-MOUNTAIN Comines-Warneton €5.3m 3.7% 22.5% 29.6
TK Tintigny - - 85.6% 20.1
GOLDEN PALACE WATERLOO Brussels - - 52.8% 38.5
PANACHE EUROPE Antwerp - - 69.6% 22.6
-10%0%10%20%€1m€10m€100mBLITZEBIT margin

Grey: the largest companies of the sector (sports and recreation (NACE 93)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as BLITZ: sports, amusement and recreation activities (NACE 93293). They are comparable in size and age: total assets between €4m and €15m, founded between 1993 and 2002.

Official details

Source: KBO
Status
Active since 11-09-1996Normal situation
Activity
Sports, amusement and recreation activitiesNACE 93293and 1 other
Joint committees
200Auxiliary committee for white-collar workers
149.04Metal trade · annual accounts 2025
Establishment unit
2.079.410.4772018 Antwerp, since 12-11-1999
Financial year end
31 December
Peppol
Reachable since 10-12-2025
Company details

Annual accounts 2025

€19.8m▲ 9.1%
Employeeson 31-12-2025
20▼ 4.8%
Filing
Filed on 31-08-2026
Financials

Insights on BLITZ

BLITZ has existed since 1996. Turnover grew from €3.9m in 2011 to €9.4m in 2025 and staff from 15.8 to 21.7 full-time equivalents.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BLITZ

What is the company number of BLITZ?
The company number of BLITZ is 0458.785.551. The VAT number is the same number with BE in front: BE 0458.785.551.
Where is BLITZ based?
The registered office is at Statiestraat 40, 2018 Antwerp.Company details
What does BLITZ do?
According to the KBO register, the main activity is sports, amusement and recreation activities (NACE 93293).
What is the legal form of BLITZ?
BLITZ is a public limited company (NV).
When was BLITZ founded?
BLITZ was founded on 11-09-1996.
Is BLITZ still active?
Yes, BLITZ is an active enterprise in the KBO register.
How many employees does BLITZ have?
BLITZ had an average of 21.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BLITZ fall under?
In its 2025 annual accounts, BLITZ states joint committees 200 (Auxiliary committee for white-collar workers) and 149.04 (Metal trade).
What is the turnover of BLITZ?
The turnover of BLITZ was €9.4m in financial year 2025, according to the filed annual accounts.
Is BLITZ profitable?
In financial year 2025, BLITZ made a profit of €1.7m.
Where can I find the annual accounts of BLITZ?
BLITZ filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BLITZ due?
BLITZ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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