ACTIVE

BELZ

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Financial year 2025 · closed on 30/09/2025

Net result

8,5 k €

+0.2% YoY

Gross margin

31,7 k €

+10.1% YoY

Equity

75,5 k €

+12.7% YoY

What does BELZ do?

BELZ is a Private limited company incorporated in 1978. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Asse.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.776.615

Incorporation

29/09/1978

Legal form

Private limited company

Registered office

Beneden Vrijlegem 44
1730 Asse · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

30/09/2025

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities 72101Research and experimental development on natural sciences and engineering 72110Research and experimental development on biotechnology

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	31,7 k €	+10.1%	28,8 k €	+44.2%	20 k €	+45.2%	13,7 k €	-39.2%	22,6 k €	+16.6%	19,4 k €	-33.8%	29,3 k €	+30.8%	22,4 k €	-48.8%	43,7 k €	+6.8%	40,9 k €	+73.7%	23,5 k €	+36.5%	17,2 k €	-3.8%	17,9 k €	+291%	-9,4 k €	-387%	3,3 k €	-74.9%	13 k €	+36.3%	9,5 k €	-2.0%	9,7 k €
EBITDA	30,8 k €	+10.3%	28 k €	+43.4%	19,5 k €	+45.5%	13,4 k €	-39.8%	22,2 k €	+18.4%	18,8 k €	-34.1%	28,5 k €	+32.4%	21,5 k €	-31.6%	31,5 k €	-23.0%	40,9 k €	+73.7%	23,5 k €	+36.5%	17,2 k €	-3.8%	17,9 k €	+291%	-9,4 k €	-387%	3,3 k €	-74.9%	13 k €	+36.3%	9,5 k €	+667%	1,2 k €
Operating result	12,4 k €	-1.6%	12,6 k €	+6.0%	11,9 k €	+134%	5,1 k €	+21.9%	4,2 k €	+11.6%	3,7 k €	-71.9%	13,3 k €	+197%	4,5 k €	-68.7%	14,3 k €	-42.2%	24,7 k €	+163%	9,4 k €	+42.1%	6,6 k €	-50.3%	13,3 k €	+198%	-13,7 k €	-106%	-6,6 k €	-211%	6 k €	+156%	2,3 k €	+88.1%	1,2 k €
Net result	8,5 k €	+0.2%	8,5 k €	-4.5%	8,9 k €	+121%	4 k €	+31.3%	3,1 k €	+28.7%	2,4 k €	-72.6%	8,7 k €	+355%	1,9 k €	-79.3%	9,2 k €	-50.2%	18,4 k €	+233%	5,5 k €	-15.9%	6,6 k €	-28.3%	9,2 k €	+165%	-14,2 k €	-93.2%	-7,3 k €	-384%	2,6 k €	+56.5%	1,7 k €	+44.5%	1,1 k €
Balance sheet
Equity	75,5 k €	+12.7%	67 k €	+14.5%	58,6 k €	+17.8%	49,7 k €	+8.8%	45,7 k €	-27.1%	62,6 k €	+3.9%	60,2 k €	+16.8%	51,6 k €	+3.8%	49,7 k €	+58.8%	31,3 k €	+144%	12,8 k €	+75.6%	7,3 k €	+885%	742 €	+109%	-8,4 k €	-246%	5,8 k €	-56.0%	13,1 k €	+24.6%	10,5 k €	+18.6%	8,9 k €
Total assets	126,3 k €	-12.3%	143,9 k €	+29.1%	111,4 k €	+28.0%	87 k €	+1.6%	85,6 k €	-2.6%	87,9 k €	-9.9%	97,6 k €	-9.5%	107,8 k €	-10.0%	119,7 k €	+216%	37,9 k €	-45.1%	69 k €	+4.6%	65,9 k €	+283%	17,2 k €	+1.3%	17 k €	+8.0%	15,7 k €	-47.8%	30,1 k €	-4.2%	31,4 k €	+164%	11,9 k €
Cash	13,2 k €	-34.6%	20,2 k €	-57.7%	47,7 k €	+78.6%	26,7 k €	-6.9%	28,7 k €	+6.2%	27 k €	+73.4%	15,6 k €	-17.9%	19 k €	-59.5%	46,9 k €	+2154%	2,1 k €	-21.1%	2,6 k €	-57.0%	6,1 k €	+242%	1,8 k €	+187%	624 €	-52.7%	1,3 k €	-66.0%	3,9 k €	+76.4%	2,2 k €	-75.8%	9,1 k €
Debts	50,4 k €	-34.2%	76,5 k €	+45.6%	52,5 k €	+40.7%	37,3 k €	-6.6%	40 k €	+58.2%	25,3 k €	-32.3%	37,3 k €	-33.6%	56,2 k €	-19.8%	70,1 k €	+962%	6,6 k €	-88.2%	56,1 k €	-4.3%	58,6 k €	+256%	16,5 k €	-35.2%	25,4 k €	+155%	9,9 k €	-40.2%	16,6 k €	-20.2%	20,9 k €	+589%	3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 6 ended

Active mandates

Descova

Director · since 19 décembre 2023 · 0635.843.413

Represented by Hans Descotte

Active

Ended mandates

Descova

Director · since 01 octobre 2015 · 0635.843.413

Represented by Hans Descotte

Ended

Descova

Manager · since 01 octobre 2015 · 0635.843.413

Represented by Hans Descotte

Ended

Descova

Manager · since 01 octobre 2015 · 0635.843.413

Represented by Hans DESCOTTE

Ended

Descova

Director · since 01 octobre 2015 · 0635.843.413

Represented by Hans Descotte

Ended

At this address

Other companies at this address

Company	CBE no.
Descova● Active	0635.843.413

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/03/2026	13/03/2025	28/03/2024	05/04/2023	14/03/2022	16/03/2021
General meeting	14/03/2026	08/03/2025	09/03/2024	11/03/2023	12/03/2022	13/03/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	14/03/2026	17/03/2026	Dutch	PDF
Abridged model	30/09/2024	08/03/2025	13/03/2025	Dutch	PDF
Abridged model	30/09/2023	09/03/2024	28/03/2024	Dutch	PDF
Abridged model	30/09/2022	11/03/2023	05/04/2023	Dutch	PDF
Abridged model	30/09/2021	12/03/2022	14/03/2022	Dutch	PDF
Abridged model	30/09/2020	13/03/2021	16/03/2021	Dutch	PDF
Abridged model	30/09/2019	14/03/2020	24/03/2020	Dutch	PDF
Micro model	30/09/2018	08/03/2019	31/08/2019	Dutch	PDF
Micro model	30/09/2017	10/03/2018	26/04/2018	Dutch	PDF
Abridged model	30/09/2016	11/03/2017	24/04/2017	Dutch	PDF
Abridged model	30/09/2015	08/03/2016	08/03/2016	Dutch	PDF
Abridged model	30/09/2014	10/03/2015	17/03/2015	Dutch	PDF
Abridged model	30/09/2013	11/03/2014	27/03/2014	Dutch	PDF
Abridged model	30/09/2012	12/03/2013	29/03/2013	Dutch	PDF
Abridged model	30/09/2011	08/03/2012	28/03/2012	Dutch	PDF
Abridged model	30/09/2010	10/03/2011	31/03/2011	Dutch	PDF
Abridged model	30/09/2009	13/03/2010	26/03/2010	Dutch	PDF
Abridged model	30/09/2008	14/03/2009	27/03/2009	Dutch	PDF
Abridged model	30/09/2007	25/01/2008	28/03/2008	Dutch	PDF
Abridged model	30/09/2006	25/01/2007	15/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 30/09/2025 · 1 active · 6 ended

Active mandates

Descova

Director · since 19 décembre 2023 · 0635.843.413

Represented by Hans Descotte

Active

Ended mandates

Descova

Director · since 01 octobre 2015 · 0635.843.413

Represented by Hans Descotte

Ended

Descova

Manager · since 01 octobre 2015 · 0635.843.413

Represented by Hans Descotte

Ended

Descova

Manager · since 01 octobre 2015 · 0635.843.413

Represented by Hans DESCOTTE

Ended

Descova

Director · since 01 octobre 2015 · 0635.843.413

Represented by Hans Descotte

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/03/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/10/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/10/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/10/2007
MAATSCHAPPELIJKE ZETEL - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates20/08/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2007
ONTSLAGEN - BENOEMINGEN
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 20258,5 k €↑
2024
Annual accounts 20248,5 k €↓
2023
Annual accounts 20238,9 k €↑
2022
Annual accounts 20224 k €↑
2021
Annual accounts 20213,1 k €↑
2020
Annual accounts 20202,4 k €↓
2019
Annual accounts 20198,7 k €↑
2018
Annual accounts 20181,9 k €↓
2017
Annual accounts 20179,2 k €↓
2015
Annual accounts 201518,4 k €↑
2014
Annual accounts 20145,5 k €↓
2013
Annual accounts 20136,6 k €↓
2012
Annual accounts 20129,2 k €↑
2011
Annual accounts 2011-14,2 k €↓
2010
Annual accounts 2010-7,3 k €↓
2009
Annual accounts 20092,6 k €↑
2008
Annual accounts 20081,7 k €↑
2007
Annual accounts 20071,1 k €
29/09/1978
IncorporationPrivate 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

BELZ

Overview

What does BELZ 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