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BVZ

Active
Private limited company (pre-2019)founded 2009active for 16 yearsVogelenzangstraat 57, 3070 Kortenberg, BelgiumKBO/BCE: BE 0821.808.942

From the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BVZ has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €564,888 and a net result of €124,873. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 64% of 8,575 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 18-12-2009 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Vogelenzangstraat 57, 3070 Kortenberg
Activity
Market research and public opinion polling NACE 73200and 3 others
Establishment units
2.183.803.758 3070 Kortenberg, since 01-01-2010
2.384.950.975 3070 Kortenberg, since 05-03-2026
Financial year end
31 December
Peppol
Reachable since 25-06-2025

Board and ownership

Board
  • Van Zegbroeck BartDirector

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€220,405
▲ 2.7%
Turnover
≈ €410,000
estimated
Profit
€124,873
▲ 9.5%
Equity
€564,888
▲ 4.0%
Total assets
€818,582
▼ 2.7%
2025 accounts filed 120 days before the deadline
Filed on 02-04-2026PDF
Score breakdownlowers riskSize: total assets €818,582Figures for financial year 2025 (filed on 02-04-2026)Founded in 2009Equity €564,888 (69.0% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Strong
Solvency 94+4
equity 69.0% of total assets
Liquidity 60+1
short-term debt 18.2% · cash 12.1%
Profitability 88+2
return on assets 15.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.88 (3.33 in 2024), above the usual 1.5. Short-term debt is 18.2% and cash 12.1% of total assets. 31% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 67% of them on solvency, 52% on liquidity, 65% on profitability and 52% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €818,582
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 02-04-2026)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €564,888 (69.0% of total assets)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
120 days early
2024
37 days early
2023
21 days early
2022
24 days early
2021
37 days early
2020
2 days early
2019
49 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 93% of companies in advertising and market researchsector median €14,856 · 8,576 companies €124,873 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €124,873 8 years View

Documents

Annual accounts at the NBB

All 16 annual accounts

Articles and registers

Key facts about BVZ

What is the company number of BVZ?
The company number of BVZ is 0821.808.942. The VAT number is the same number with BE in front: BE 0821.808.942.
Where is BVZ based?
The registered office is at Vogelenzangstraat 57, 3070 Kortenberg.Company details
What does BVZ do?
According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
What is the legal form of BVZ?
The legal form of BVZ is Private limited company (pre-2019) (BVBA).
When was BVZ founded?
BVZ was founded on 18-12-2009.
Is BVZ still active?
Yes, BVZ is an active enterprise in the KBO register.
What is the turnover of BVZ?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €220,405 and 38 comparable companies (NACE 73). It probably lies between €310,000 and €810,000.Financials
Is BVZ profitable?
In financial year 2025, BVZ made a profit of €124,873.
Where can I find the annual accounts of BVZ?
BVZ filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of BVZ due?
BVZ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as BVZ: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €804,000 and €1.1m, founded between 2009 and 2012.

CompanyTotal assetsGross margin
BVZ Kortenberg€0.8m€0.2m
Workitects Leuven€0.8m€0.2m
FuriousFifties Schoten€1.0m€0.2m
VITALACTA TRADING Sint-Pieters-Woluwe€1.1m€0.2m
RISKOPP Herent€0.9m€0.1m
ENRA Leuven€0.9m€0.1m
RAPH MANAGEMENT Elsene€1.1m€0.2m
Full comparison

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