BVZ
ActiveBVZ has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €565k and a net result of €125k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+2
Solvency94▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.88 against 3.33 in 2024; short-term debt: 18.2% and cash: 12.1% of total assets), and 31% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69%
Return on assets
15.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-04-2026, 120 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
120 d early
2024
37 d early
2023
21 d early
2022
24 d early
2021
37 d early
2020
2 d early
2019
49 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€565k▲ 4.0%
2024 · €543k
2018: €107k
2019: €210k
2020: €313k
2021: €399k
2022: €499k
2023: €530k
2024: €543k
2018 → 2025
Total assets
€819k▼ 2.7%
2024 · €842k
2018: €530k
2019: €628k
2020: €696k
2021: €727k
2022: €808k
2023: €893k
2024: €842k
2018 → 2025
Net result
€125k▲ 9.5%
2024 · €114k
2018: €111k
2019: €104k
2020: €104k
2021: €86k
2022: €101k
2023: €124k
2024: €114k
2018 → 2025
Working capital
€429k▲ 8.9%
2024 · €394k
2018: €46k
2019: €78k
2020: €150k
2021: €258k
2022: €382k
2023: €358k
2024: €394k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€399k-€499k▲ 25.1%€530k▲ 6.1%€543k▲ 2.6%€565k▲ 4.0%
Operating result€134k-€155k▲ 15.8%€189k▲ 22.1%€165k▼ 12.9%€171k▲ 3.6%
Net result€86k-€101k▲ 17.0%€124k▲ 22.4%€114k▼ 7.8%€125k▲ 9.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €819k
Fixed assets
€240k▼ 13.7%
Current assets
€578k▲ 2.7%
Equity and liabilities €819k
Equity
€565k▲ 4.0%
Debt
€254k▼ 14.9%
The debt ratio falls from 35.4% to 31.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€217k▲
2024 · €211k
Cash flow
€171k▲
2024 · €160k
Solvency
69.0%▲
2024 · 64.6%
Current ratio
3.88▲
2024 · 3.33
Quick ratio
3.85▲
2024 · 3.32
Debt / equity
0.45▼
2024 · 0.55
ROE
22.1%▲
2024 · 21.0%
ROA
15.3%▲
2024 · 13.5%
Interest coverage
36.36▲
2024 · 28.17
Debt
€254k▼
2024 · €298k
Debt ≤ 1 year
€149k▼
2024 · €169k
Debt > 1 year
€104k▼
2024 · €129k
Income taxes
€55k▲
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€842k€819k▼
Fixed assets21/28€278k€240k▼
Tangible fixed assets22/27€213k€178k▼
Land and buildings22€156k€136k▼
Furniture and vehicles24€57k€42k▼
Financial fixed assets28€65k€62k▼
Current assets29/58€563k€578k▲
Amounts receivable after more than one year29€160k€120k▼
Other amounts receivable291€160k€120k▼
Stocks and contracts in progress3€3k€3k▲
Stocks30/36€3k€3k▲
Amounts receivable within one year40/41€101k€114k▲
Trade receivables40€101k€88k▼
Other amounts receivable41-€26k
Current investments50/53€191k€241k▲
Cash at bank and in hand54/58€106k€99k▼
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€842k€819k▼
Equity10/15€543k€565k▲
Contributions10/11€12k€12k=
Reserves13€531k€552k▲
Tax-exempt reserves132€3k€3k=
Distributable reserves133€528k€550k▲
Amounts payable17/49€298k€254k▼
Amounts payable after more than one year17€129k€104k▼
Financial debts170/4€129k€104k▼
Amounts payable within one year42/48€169k€149k▼
Current portion of amounts payable after more than one year42€26k€27k▲
Trade debts44€24k€5k▼
Suppliers440/4€24k€5k▼
Taxes, remuneration and social security45€48k€21k▼
Taxes450/3€48k€21k▼
Other amounts payable47/48€72k€97k▲
Accrued charges and deferred income492/3€499€422▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€46k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€215k€220k▲
Operating profit (loss)9901€165k€171k▲
Financial income75/76B€8k€15k▲
Recurring financial income75€8k€15k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€166k€180k▲
Income taxes67/77€52k€55k▲
Profit (loss) for the period9904€114k€125k▲
Profit (loss) for the period to be appropriated9905€114k€125k▲
Appropriation of the result
Profit (loss) to be appropriated9906€114k€125k▲
Transfer from equity791/2€100k€103k▲
Transfer to equity691/2€114k€125k▲
To other reserves6921€114k€125k▲
Profit to be distributed694/7€100k€103k▲
Return on contributions (dividend)694€100k€103k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €125k ▲9.5%
Net result €125k, the highest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-12
State Gazette act
Board meeting · General meeting
Director reappointment · Permanent representative
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
27-03
State Gazette act
Publication
27-03
State Gazette act
Board meeting · Director appointment
Permanent representative
2023
31-12
Financial
Equity above €500kEq €530k ▲6.1%
6 profitable years in a row build equity to €530k.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
11-03
State Gazette act
Board meeting · Director appointment
Permanent representative · Power of attorney
2021
31-12
Financial
Weakest financial yearnet €86k ▼17%
Net result drops to €86k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-12
State Gazette act
Board meeting · Power of attorney
Permanent representative
07-12
State Gazette act
Board meeting · Power of attorney
Permanent representative
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
26-05
State Gazette act
Board meeting · Director appointment
Permanent representative · Power of attorney
2019
31-12
Financial
Equity above €200kEq €210k ▲96.6%
2 profitable years in a row build equity to €210k.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
20-05
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortenberg · 2 establishment units since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vogelenzangstraat 573070 KortenbergGround area
938 m²
Building footprint
274 m²
Volume, LiDAR
2,256 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
BVZ + Chou
since 20102.183.803.758
Choü
since 20262.384.950.975
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24055B0458/00B002 | Flanders | 569 m² | 1 · 151 m² | 12.0 m · 3 fl. |
| 24055B0189/00B007 | Flanders | 370 m² | 1 · 123 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortenberg2.384.950.975
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Of 2,716 companies in sector 73200 we hold annual accounts for 1,785. 1,252 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-12-2009
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
73200Market research and public opinion polling
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0486/013886