ACTIVE

DZH

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Financial year 2025 · Closed on 31/12/2025

Net result8,4 M €+222,4 %over 1 year
Gross margin11,6 M €+221,5 %over 1 year
Equity18,3 M €+67,6 %over 1 year
Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

DZH is a Private limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Etterbeek. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0807.169.662
Incorporation
16/10/2008
Legal form
Private limited company
Registered office
Rue des Bataves 17 box 3
1040 Etterbeek · BruxellesSee on map
Contributed capital
3 906 200,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (2)
  • 100
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin11,6 M €3,6 M €3,3 M €563,9 k €678 k €
EBITDA11,5 M €3,6 M €3,2 M €522,3 k €640,1 k €
Operating result11,5 M €3,5 M €3,2 M €437,3 k €516 k €
Net result8,4 M €2,6 M €2,2 M €338,5 k €399,4 k €
Balance sheet
Equity18,3 M €10,9 M €8,5 M €6,5 M €6,5 M €
Total assets21,4 M €13,5 M €10,6 M €8,5 M €8,7 M €
Cash65,6 k €76 k €348 k €43,8 k €160,6 k €
Debts3 M €2,5 M €2 M €1,9 M €2,1 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Rodolphe Collinet
Directorsince 16/10/2008Manager16/10/2008 → 2018 accountsended

Other companies at this address

Rue des Bataves 17 1040 Etterbeek
CompanyCBE no.
A828● Active
1044.284.677
AB Initio Management● Active
1024.944.956
Association des copropriétaires de la Résidence Bataves 15-21 à Etterbeek , rue des Bataves 15-21● Active
0836.351.519
Duffau Consulting● Active
1037.229.710
EAGLE ROCK● Active
0732.976.243
IOS● Active
0740.489.288
LTF● Active
0723.919.314
MEDIATOR● Active
0740.488.595
PARTRAMAR● Active
0449.124.549
Walimco● Active
0787.274.170

Full financial information

Source · NBB
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 date28/05/202607/05/202524/04/202431/05/202302/08/202201/06/2021
General meeting20/05/202606/05/202522/04/202422/05/202306/05/202225/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/05/202628/05/2026FrenchPDF
Abridged model31/12/202406/05/202507/05/2025FrenchPDF
Abridged model31/12/202322/04/202424/04/2024FrenchPDF
Abridged model31/12/202222/05/202331/05/2023FrenchPDF
Abridged modelCorrection31/12/202106/05/202202/08/2022FrenchPDF
Abridged model31/12/202106/05/202220/05/2022FrenchPDF
Abridged model31/12/202025/05/202101/06/2021FrenchPDF
Abridged model31/12/201924/03/202006/07/2020FrenchPDF
Abridged modelCorrection31/12/201801/07/201902/07/2019FrenchPDF
Abridged model31/12/201801/04/201910/04/2019FrenchPDF
Abridged model31/12/201712/03/201827/03/2018FrenchPDF
Abridged model31/12/201621/04/201728/04/2017FrenchPDF
Abridged model31/12/201530/03/201604/04/2016FrenchPDF
Abridged model31/12/201419/05/201522/05/2015FrenchPDF
Abridged model31/12/201314/05/201427/05/2014FrenchPDF
Abridged model31/12/201218/06/201312/07/2013FrenchPDF
Abridged model31/12/201119/06/201229/06/2012FrenchPDF
Abridged model31/12/201021/06/201118/07/2011FrenchPDF
Abridged model31/12/200931/03/201020/08/2010FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Rodolphe Collinet
Directorsince 16/10/2008Manager16/10/2008 → 2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/07/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other18/08/2014
    DIVERS
    PDF
  • Restructuring13/05/2013
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Other14/03/2013
    DIVERS
    PDF
  • Capital / shares04/12/2012
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates16/11/2010
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares14/01/2010
    CAPITAL, ACTIONS
    PDF
  • Capital / shares26/11/2008
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings17 filings
Mandates
Rodolphe Collinet
2008200920102011201220132014201520162017201820192020202120222023202420252026
DZH
Rue des Bataves 17 bte 3, 1040 Etterbeek
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue des Bataves 17 bte 3, 1040 EtterbeekCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00123702

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
DZHCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00123702

Events

  1. 2025
    Annual accounts 20258,4 M €↑
  2. 2024
    Annual accounts 20242,6 M €↑
  3. 2023
    Annual accounts 20232,2 M €↑
  4. 2022
    Annual accounts 2022338,5 k €↓
  5. 2021
    Annual accounts 2021399,4 k €↑
  6. 2020
    Annual accounts 2020357,3 k €↓
  7. 2019
    Annual accounts 2019452,1 k €↑
  8. 2018
    Annual accounts 2018387,4 k €↑
  9. 2017
    Annual accounts 2017173,6 k €↓
  10. 2016
    Annual accounts 2016210,6 k €↑
  11. 2015
    Annual accounts 2015-53,4 k €↓
  12. 2014
    Annual accounts 2014186,5 k €↑
  13. 2013
    Annual accounts 2013171,5 k €↑
  14. 2012
    Annual accounts 201280,8 k €↓
  15. 2011
    Annual accounts 201185 k €↓
  16. 2010
    Annual accounts 2010204,2 k €↑
  17. 2009
    Annual accounts 200935,4 k €
  18. 16/10/2008
    IncorporationPrivate limited company