ACTIVE

BZYL

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Financial year 2025 · closed on 31/07/2025

Net result

30,1 k €

+25.2% YoY

Gross margin

62,4 k €

+48.8% YoY

Equity

147,7 k €

+15.7% YoY

What does BZYL do?

BZYL is a Private limited company incorporated in 2011. Its main activity is: Construction of buildings. Its registered office is in Etterbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0834.491.691

Incorporation

14/03/2011

Legal form

Private limited company

Registered office

Chaussée de Wavre 868
1040 Etterbeek · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/07/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	62,4 k €	+48.8%	41,9 k €	-46.0%	77,7 k €	+166%	29,2 k €	+390%	5,9 k €	-83.3%	35,6 k €	+84.5%	19,3 k €	-70.2%	64,8 k €	+384%	13,4 k €	-21.0%	16,9 k €	+32.4%	12,8 k €	-48.1%	24,7 k €	+290%	6,3 k €	-61.0%	16,2 k €
EBITDA	57,0 k €	+38.4%	41,2 k €	-45.6%	75,8 k €	+180%	27,1 k €	+459%	4,8 k €	-85.9%	34,4 k €	+88.1%	18,3 k €	-63.8%	50,5 k €	+294%	12,8 k €	-21.7%	16,4 k €	+43.3%	11,4 k €	-52.6%	24,1 k €	+318%	5,8 k €	-61.9%	15,1 k €
Operating result	44,1 k €	+30.2%	33,9 k €	-46.9%	63,8 k €	+311%	15,5 k €	+272%	-9,0 k €	-147%	19,1 k €	+287%	4,9 k €	-88.9%	44,5 k €	+363%	9,6 k €	-24.6%	12,7 k €	+149%	5,1 k €	-64.3%	14,3 k €	+2465%	-606,2 €	-108%	7,3 k €
Net result	30,1 k €	+25.2%	24,0 k €	-49.3%	47,4 k €	+384%	9,8 k €	+195%	-10,3 k €	-176%	13,6 k €	+261%	3,8 k €	-88.8%	33,6 k €	+408%	6,6 k €	-27.5%	9,1 k €	+228%	2,8 k €	-76.6%	11,9 k €	+709%	-2,0 k €	-142%	4,6 k €
Balance sheet
Equity	147,7 k €	+15.7%	127,6 k €	+23.2%	103,6 k €	+23.0%	84,2 k €	+13.1%	74,4 k €	-9.9%	82,7 k €	+11.7%	74,0 k €	+22.5%	60,5 k €	+53.9%	39,3 k €	+20.2%	32,7 k €	+38.7%	23,6 k €	+13.4%	20,8 k €	+134%	8,9 k €	-18.0%	10,8 k €
Total assets	231,4 k €	+76.6%	131,0 k €	-6.8%	140,5 k €	+18.3%	118,8 k €	+37.6%	86,4 k €	-37.7%	138,5 k €	+44.2%	96,1 k €	-21.0%	121,6 k €	+137%	51,2 k €	-27.6%	70,7 k €	+58.8%	44,6 k €	-13.4%	51,4 k €	+96.7%	26,2 k €	-25.9%	35,3 k €
Cash	62,8 k €	+471%	11,0 k €	-79.2%	52,8 k €	+61.0%	32,8 k €	-19.7%	40,8 k €	+89.6%	21,5 k €	+436%	4,0 k €	-79.0%	19,1 k €	+201%	6,3 k €	+531%	1,0 k €	-77.4%	4,4 k €	+100%	2,2 k €		–		1,0 k €
Debts	83,7 k €	+2374%	3,4 k €	-90.8%	36,9 k €	+6.8%	34,6 k €	+190%	11,9 k €	-78.7%	55,9 k €	+154%	22,0 k €	-64.0%	61,2 k €	+413%	11,9 k €	-68.6%	38,1 k €	+81.3%	21,0 k €	-31.5%	30,7 k €	+77.6%	17,3 k €	-29.5%	24,5 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 31/07/2025 · 1 active · 4 ended

Active mandates

Arkadiusz Mulewski

Mandate

Active

Ended mandates

Arkadiusz Mulewski

Manager · since 09 mars 2011

Ended

Arkadiusz Mulewski

Manager · since 08 mars 2011 · until 07 mars 2017

Ended

ARKADIUSZ MULEWSKI

Director

Ended

Mulewski Arkadiusz

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires de l'immeuble sis a Etterbeek, Chaussée de Wavre 868 à Etterbeek, Chaussée de Wavre 868● Active	0806.511.349
CHEMINEES DANNEELS● Bankrupt	0437.694.979
YBK-INVEST● Active	0836.691.613

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	01/08/2024	01/08/2023	01/08/2022	01/08/2021	01/08/2020	01/08/2019
Closing of the financial year	31/07/2025	31/07/2024	31/07/2023	31/07/2022	31/07/2021	31/07/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/12/2025	29/01/2025	25/01/2024	16/12/2022	04/02/2022	28/01/2021
General meeting	15/12/2025	15/12/2024	12/12/2023	12/12/2022	15/12/2021	15/12/2020
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/07/2025	15/12/2025	17/12/2025	French	PDF
Abridged model	31/07/2024	15/12/2024	29/01/2025	French	PDF
Abridged model	31/07/2023	12/12/2023	25/01/2024	French	PDF
Abridged model	31/07/2022	12/12/2022	16/12/2022	French	PDF
Abridged model	31/07/2021	15/12/2021	04/02/2022	French	PDF
Abridged model	31/07/2020	15/12/2020	28/01/2021	French	PDF
Abridged model	31/07/2019	15/12/2019	20/02/2020	French	PDF
Abridged model	31/07/2018	17/12/2018	31/01/2019	French	PDF
Abridged model	31/07/2017	15/12/2017	09/02/2018	French	PDF
Abridged model	31/07/2016	15/12/2016	13/02/2017	French	PDF
Abridged model	31/07/2015	15/12/2015	28/01/2016	French	PDF
Abridged model	31/07/2014	15/12/2014	13/08/2015	French	PDF
Abridged model	31/07/2013	15/12/2013	06/04/2014	French	PDF
Abridged model	31/07/2012	15/12/2012	10/04/2013	French	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 31/07/2025 · 1 active · 4 ended

Active mandates

Arkadiusz Mulewski

Mandate

Active

Ended mandates

Arkadiusz Mulewski

Manager · since 09 mars 2011

Ended

Arkadiusz Mulewski

Manager · since 08 mars 2011 · until 07 mars 2017

Ended

ARKADIUSZ MULEWSKI

Director

Ended

Mulewski Arkadiusz

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/04/2026
DEMISSIONS, NOMINATIONS, MODIFICATION FORME
PDF
Other24/03/2011
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202530,1 k €↑
2024
Annual accounts 202424,0 k €↓
2023
Annual accounts 202347,4 k €↑
2022
Annual accounts 20229,8 k €↑
2021
Annual accounts 2021-10,3 k €↓
2020
Annual accounts 202013,6 k €↑
2019
Annual accounts 20193,8 k €↓
2018
Annual accounts 201833,6 k €↑
2017
Annual accounts 20176,6 k €↓
2016
Annual accounts 20169,1 k €↑
2015
Annual accounts 20152,8 k €↓
2014
Annual accounts 201411,9 k €↑
2013
Annual accounts 2013-2,0 k €↓
2012
Annual accounts 20124,6 k €
14/03/2011
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

BZYL

Overview

What does BZYL do?

Trend over 14 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