ACTIVE

GZA

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Financial year 2025 · closed on 31/12/2025
Net result
1,6 M €
+137.9% YoY
Gross margin
1,8 M €
-32.1% YoY
Equity
33,8 M €
+5.1% YoY

What does GZA do?

GZA is a Public utility foundation incorporated in 2016. Its main activity is: Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0666.475.023
Incorporation
18/11/2016
Legal form
Public utility foundation
Registered office
Lokkaardstraat 10
2018 Antwerpen · FlandreSee on map
Latest accounts
31/12/2025
Activities (NACE)
84120Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security· main84120Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security68321Management of real estate on a fee or contract basis68322Management of real estate on a fee or contract basis
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin1,8 M €2,7 M €324,1 k €1,2 M €514,8 k €301 k €326,1 k €322,3 k €70,2 k €
EBITDA1,8 M €-4,1 M €231,4 k €1 M €221,2 k €287,6 k €317 k €298,9 k €45,6 k €
Operating result1,6 M €-4,3 M €25,6 k €835,6 k €98,5 k €168,9 k €202 k €209,6 k €-77,1 k €
Net result1,6 M €-4,4 M €200,2 k €606,3 k €180,4 k €385,3 k €977,2 k €660,8 k €-1,5 M €
Balance sheet
Equity33,8 M €32,1 M €36,5 M €31,6 M €31 M €30,6 M €30,2 M €29,2 M €28,6 M €
Total assets33,9 M €32,3 M €38,9 M €33,9 M €33,5 M €32,9 M €32,6 M €31,6 M €30,9 M €
Cash4,5 M €2,7 M €2,5 M €3 M €2,2 M €2,3 M €3,2 M €2,5 M €1,7 M €
Debts178,9 k €189,6 k €2,4 M €2,3 M €2,5 M €2,3 M €2,3 M €2,3 M €2,3 M €
Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 45 ended

Active mandates

Patrick Van der Straten

Director · since 21 mai 2025 · until 21 mai 2029

Active
Luc Vandenbulcke

Director · since 26 juin 2024 · until 28 juin 2028

Active
Herman Bernaerts

Director · since 13 décembre 2023 · until 13 décembre 2027

Active
Kim Ruysen

Director · since 13 décembre 2023 · until 13 décembre 2027

Active
Peter Mulkens

Director · since 13 décembre 2023 · until 13 décembre 2027

Active
Rosette Van Overvelt

Director · since 13 décembre 2023 · until 13 décembre 2027

Active
Bea Cantillon

Vice-chairman of the board of directors · until 20 janvier 2027

Active
Etienne Wauters

Chairman of the board of directors · until 20 janvier 2027

Active
Koen De Gronckel

Director · until 20 janvier 2027

Active
Willeke Dijkhoffz

Managing director · until 20 janvier 2027

Active

Ended mandates

GILLE GROENVOORZIENING

Director · since 21 septembre 2022 · until 25 juin 2026 · 0449.530.167

Represented by Ingrid Vanden Berghe

Ended
Patrick Van der Straten

Director · since 29 juin 2021 · until 18 juin 2025

Ended
Bea Cantillon

Vice-chairman of the board of directors · since 15 juillet 2020 · until 22 juin 2022

Ended
Bea Cantillon

Director · since 15 juillet 2020 · until 15 juin 2022

Ended
At this address

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0428.692.191
De Medemens Kinderdagverblijven● Active
0893.678.915
GasthuisZusters Antwerpen● Active
0428.651.017
Steunfonds Gasthuiszusters van Antwerpen● Active
0685.427.734
VRIENDEN VAN DE TOREN● Active
0691.980.578
Zusters van het Arme Kind Jezus● Active
0409.925.067
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202623/05/202528/05/202414/07/202304/07/202208/07/2021
General meeting18/03/202621/05/202515/05/202421/06/202322/06/202229/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/03/202601/07/2026DutchPDF
Abridged model31/12/202421/05/202523/05/2025DutchPDF
Abridged model31/12/202315/05/202428/05/2024DutchPDF
Abridged model31/12/202221/06/202314/07/2023DutchPDF
Abridged model31/12/202122/06/202204/07/2022DutchPDF
Abridged model31/12/202029/06/202108/07/2021DutchPDF
Abridged model31/12/201924/06/202002/07/2020DutchPDF
Abridged model31/12/201826/06/201901/07/2019DutchPDF
Abridged model31/12/201727/06/201809/07/2018DutchPDF
Estimate

Indicative valuation

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 31/12/2025 · 10 active · 45 ended

Active mandates

Patrick Van der Straten

Director · since 21 mai 2025 · until 21 mai 2029

Active
Luc Vandenbulcke

Director · since 26 juin 2024 · until 28 juin 2028

Active
Herman Bernaerts

Director · since 13 décembre 2023 · until 13 décembre 2027

Active
Kim Ruysen

Director · since 13 décembre 2023 · until 13 décembre 2027

Active
Peter Mulkens

Director · since 13 décembre 2023 · until 13 décembre 2027

Active
Rosette Van Overvelt

Director · since 13 décembre 2023 · until 13 décembre 2027

Active
Bea Cantillon

Vice-chairman of the board of directors · until 20 janvier 2027

Active
Etienne Wauters

Chairman of the board of directors · until 20 janvier 2027

Active
Koen De Gronckel

Director · until 20 janvier 2027

Active
Willeke Dijkhoffz

Managing director · until 20 janvier 2027

Active

Ended mandates

GILLE GROENVOORZIENING

Director · since 21 septembre 2022 · until 25 juin 2026 · 0449.530.167

Represented by Ingrid Vanden Berghe

Ended
Patrick Van der Straten

Director · since 29 juin 2021 · until 18 juin 2025

Ended
Bea Cantillon

Vice-chairman of the board of directors · since 15 juillet 2020 · until 22 juin 2022

Ended
Bea Cantillon

Director · since 15 juillet 2020 · until 15 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2022
    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

Timeline

  1. 2025
    Annual accounts 20251,6 M €↑
  2. 2024
    Annual accounts 2024-4,4 M €↓
  3. 2023
    Annual accounts 2023200,2 k €↓
  4. 2022
    Annual accounts 2022606,3 k €↑
  5. 2021
    Annual accounts 2021180,4 k €↓
  6. 2021
    Name changeGZA SON
  7. 2020
    Annual accounts 2020385,3 k €↓
  8. 2019
    Annual accounts 2019977,2 k €↑
  9. 2018
    Annual accounts 2018660,8 k €↑
  10. 2017
    Annual accounts 2017-1,5 M €
  11. 2017
    Name changeGZA
  12. 18/11/2016
    IncorporationPublic utility foundation