BZYL
ActiveSummary
BZYL has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €30k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 837 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+13
Solvency89▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.77 against 36.08 in 2024; short-term debt: 25% and cash: 27.1% of total assets), and 36.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
63.8%
Return on assets
13%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 17-12-2025, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
30 d early
2023
35 d early
2022
74 d early
2021
24 d early
2020
31 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close25-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.25M
EBIT margin
2.7%
Net result
€30k▲ 25.2%
2024 · €24k
Working capital
€102k▼ 13.7%
2024 · €119k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€1.25M
Operating result€-9k€15k€64k▲ 311%€34k▼ 46.9%€44k▲ 30.2%
Net result€-10k€10k€47k▲ 384%€24k▼ 49.3%€30k▲ 25.2%
EBIT margin2.7%
Equity€74k▼ 9.9%€84k▲ 13.1%€104k▲ 23.0%€128k▲ 23.2%€148k▲ 15.7%
Total assets€86k▼ 37.7%€119k▲ 37.6%€141k▲ 18.3%€131k▼ 6.8%€231k▲ 76.6%
Debt€12k▼ 78.7%€35k▲ 190%€37k▲ 6.8%€3k▼ 90.8%€84k▲ 2,374%
Working capital€59k▼ 2.6%€61k▲ 2.6%€88k▲ 45.5%€119k▲ 34.8%€102k▼ 13.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231k
Fixed assets
€71k ▲ 694%
Current assets
€160k ▲ 31.3%
Equity and liabilities €231k
Equity
€148k ▲ 15.7%
Debt
€84k ▲ 2,374%
Debt's share of the balance-sheet total rises from 2.6% to 36.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57k▲
2024 · €41k
Cash flow
€43k▲
2024 · €31k
Current ratio
2.77▼
2024 · 36.08
Debt to equity
0.57▲
2024 · 0.03
ROE
20.4%▲
2024 · 18.8%
ROA
13.0%▼
2024 · 18.3%
Interest coverage
19.74▲
2024 · 15.97
Debt ≤ 1 year
€58k▲
2024 · €3k
Debt > 1 year
€26k
Income taxes
€11k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €1.25M | - | - |
| Non-recurring operating income76A | - | - | €3k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1.20M | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €12k | €12k | €7k | €13k | ▲ 76.5% |
| Other operating charges640/8 | - | €2k | €2k | €697 | €5k | ▲ 662% |
| Gross operating margin9900 | €6k | €29k | €78k | €42k | €62k | ▲ 48.8% |
| Operating profit (loss)9901 | €-9k | €15k | €64k | €34k | €44k | ▲ 30.2% |
| Financial income75/76B | - | €70 | €5 | €71 | €25 | ▼ 64.8% |
| Recurring financial income75 | €42 | €70 | €5 | €71 | €25 | ▼ 64.8% |
| Financial charges65/66B | - | €2k | €3k | €3k | €3k | ▲ 12.0% |
| Recurring financial charges65 | €1k | €2k | €3k | €3k | €3k | ▲ 12.0% |
| Profit (loss) for the period before taxes9903 | €-10k | €14k | €61k | €31k | €41k | ▲ 31.5% |
| Income taxes67/77 | €64 | €4k | €14k | €7k | €11k | ▲ 51.8% |
| Profit (loss) for the period9904 | €-10k | €10k | €47k | €24k | €30k | ▲ 25.2% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €10k | €47k | €24k | €30k | ▲ 25.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86k | €119k | €141k | €131k | €231k | ▲ 76.6% |
| Fixed assets21/28 | €20k | €24k | €16k | €9k | €71k | ▲ 694% |
| Tangible fixed assets22/27 | €18k | €22k | €14k | €8k | €70k | ▲ 784% |
| Plant, machinery and equipment23 | - | €6k | €6k | €4k | €2k | ▼ 53.9% |
| Furniture and vehicles24 | - | €11k | €8k | €4k | €68k | ▲ 1,850% |
| Leasing and similar rights25 | - | €5k | - | - | - | - |
| Financial fixed assets28 | €1k | €2k | €1k | €984 | €710 | ▼ 27.9% |
| Current assets29/58 | €67k | €95k | €125k | €122k | €160k | ▲ 31.3% |
| Amounts receivable within one year40/41 | €22k | €59k | €69k | €110k | €94k | ▼ 14.2% |
| Trade receivables40 | - | - | €3k | €64k | €59k | ▼ 8.4% |
| Other amounts receivable41 | - | €59k | €67k | €46k | €36k | ▼ 22.2% |
| Cash at bank and in hand54/58 | €41k | €33k | €53k | €11k | €63k | ▲ 471% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €1k | €3k | ▲ 164% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86k | €119k | €141k | €131k | €231k | ▲ 76.6% |
| Equity10/15 | €74k | €84k | €104k | €128k | €148k | ▲ 15.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €11k | €20k | €30k | €40k | €60k | ▲ 49.4% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €9k | €9k | €9k | €9k | = |
| Distributable reserves133 | - | €10k | €20k | €30k | €50k | ▲ 67.3% |
| Profit (loss) carried forward14 | €45k | €45k | €55k | €69k | €69k | ▲ 0.1% |
| Amounts payable17/49 | €12k | €35k | €37k | €3k | €84k | ▲ 2,374% |
| Amounts payable after more than one year17 | €4k | - | - | - | €26k | - |
| Financial debts170/4 | - | - | - | - | €26k | - |
| Amounts payable within one year42/48 | €8k | €35k | €37k | €3k | €58k | ▲ 1,612% |
| Current portion of amounts payable after more than one year42 | - | €4k | - | - | €10k | - |
| Trade debts44 | €2k | €26k | €5k | €2k | €24k | ▲ 1,073% |
| Suppliers440/4 | - | €26k | €5k | €2k | €24k | ▲ 1,073% |
| Taxes, remuneration and social security45 | - | €2k | €4k | €1k | €12k | ▲ 757% |
| Taxes450/3 | - | €52 | €3k | €1k | €8k | ▲ 488% |
| Remuneration and social security454/9 | - | €2k | €2k | - | €4k | - |
| Other amounts payable47/48 | - | €2k | €28k | - | €13k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €10k | €47k | €24k | €30k | ▲ 25.2% |
| + Depreciation and write-downs630 | €14k | €12k | €12k | €7k | €13k | ▲ 76.5% |
| Operating cash flow (approximation) | €4k | €21k | €59k | €31k | €43k | ▲ 37.2% |
| Investment in fixed assets (approximation) | - | €-16k | €-4k | €-733 | €-75k | ▼ 10,144% |
| Change in cash | - | €-8k | €20k | €-42k | €52k | ▲ 224% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
Financial
Liquidity times 11current ratio 36.08
Current ratio from 3.38 to 36.08; short-term debt falls from €37k to €3k.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
Financial
Highest result since 2019net €47k ▲384%
Operating result €64k, net result €47k, both a record.
31-07
Financial
Equity above €100kEq €104k ▲23%
2 profitable years in a row build equity to €104k.
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-07
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-07
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
31-07
Financial
Liquidity quadruplescurrent ratio 8.54
Current ratio from 2.29 to 8.54; short-term debt falls from €47k to €8k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
20-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Etterbeek · 1 establishment unit since 2011
Ground area
276 m²
Building footprint
132 m²
Volume, LiDAR
1,738 m³
Parcel 21362B0104/00S004, Brussels · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Steenweg op Waver 868, 1040 Etterbeek
since 20112.197.934.678
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0104/00S004 | Brussels | 276 m² | 1 · 131 m² | 16.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 12,661 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-03-2011
Fiscal year end31-07
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.