ACTIVE

Bzar

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Financial year 2025 · closed on 30/06/2025

Net result

65,7 k €

+4227.0% YoY

Gross margin

163,5 k €

+56.1% YoY

Equity

298 k €

+16.7% YoY

What does Bzar do?

Bzar is a Private limited company incorporated in 2004. Its main activity is: Manufacture of furniture. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0867.109.130

Incorporation

07/09/2004

Legal form

Private limited company

Registered office

Gemeenhof(Heu) 37
8501 Kortrijk · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/06/2025

Activities (NACE)

31001Manufacture of furniture· main 31010Manufacture of office and shop furniture 36121Water collection, treatment and supply 31002Manufacture of furniture 31020Manufacture of kitchen furniture 36130Water collection, treatment and supply+3

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	163,5 k €	+56.1%	104,7 k €	-39.6%	173,4 k €	+64.2%	105,6 k €	+164%	40 k €	+19.3%	33,6 k €	+127%	14,8 k €	-51.3%	30,3 k €	-66.2%	89,8 k €		–		-1,6 k €	-78.5%	-868,7 €	+98.7%	-68 k €	-4623%	-1,4 k €	-349%	-321 €		–		–		-888 €
EBITDA	159,3 k €	+112%	75,1 k €	-55.6%	169,1 k €	+66.3%	101,7 k €	+159%	39,2 k €	+21.0%	32,4 k €	+152%	12,9 k €	-56.4%	29,5 k €	-66.3%	87,7 k €	+68908%	-127,4 €	+92.8%	-1,8 k €	+17.7%	-2,2 k €	+96.8%	-68 k €	-4623%	-1,4 k €	-251%	-410 €		0 €		0 €	+100%	-1,1 k €
Operating result	140,2 k €	+109%	67,2 k €	-58.4%	161,4 k €	+71.7%	94 k €	+151%	37,4 k €	+19.8%	31,2 k €	+142%	12,9 k €	-56.4%	29,5 k €	-66.3%	87,7 k €	+68908%	-127,4 €	+92.8%	-1,8 k €	+17.7%	-2,2 k €	+96.8%	-68 k €	-4623%	-1,4 k €	-225%	-442,5 €	-127%	-194,8 €	-0.4%	-194 €	+84.4%	-1,2 k €
Net result	65,7 k €	+4227%	-1,6 k €	-101%	125,7 k €	+110%	59,8 k €	+157%	23,3 k €	+27.9%	18,2 k €	+344%	4,1 k €	-82.8%	23,9 k €	-72.8%	87,7 k €	+18355%	-480,3 €	+73.6%	-1,8 k €	+29.2%	-2,6 k €	+96.2%	-68,1 k €	-4399%	-1,5 k €	-227%	-463,1 €	-138%	-194,8 €	-0.4%	-194 €	+85.0%	-1,3 k €
Balance sheet
Equity	298 k €	+16.7%	255,5 k €	-0.6%	257 k €	+95.6%	131,4 k €	+146%	53,4 k €	+77.3%	30,1 k €	+153%	11,9 k €	+52.5%	7,8 k €	+149%	-16,1 k €	+84.5%	-103,7 k €	-0.5%	-103,3 k €	-1.8%	-101,4 k €	-2.6%	-98,9 k €	-221%	-30,8 k €	-5.2%	-29,3 k €	-1.6%	-28,8 k €	-0.7%	-28,6 k €	-0.7%	-28,4 k €
Total assets	788,4 k €	+1.8%	774,7 k €	+31.2%	590,6 k €	+17.7%	501,7 k €	+278%	132,9 k €	+19.4%	111,3 k €	+9.3%	101,9 k €	-6.5%	109 k €	+977%	10,1 k €	+0.1%	10,1 k €	-0.0%	10,1 k €	-0.0%	10,1 k €	-6.8%	10,8 k €	-87.0%	83,4 k €	-36.2%	130,6 k €	-0.1%	130,8 k €	-0.1%	131 k €	-0.0%	131 k €
Cash	29 k €	+169%	10,8 k €	-67.7%	33,4 k €	+165%	12,6 k €	+69.0%	7,5 k €	+452%	1,3 k €	-69.4%	4,4 k €	-52.3%	9,2 k €	+97042%	9,5 €		–		0,8 €	-68.8%	2,7 €	-42.6%	4,7 €	-87.9%	38,7 €	-97.4%	1,5 k €	-21.9%	1,9 k €	-0.0%	1,9 k €	+7.4%	1,8 k €
Debts	490,4 k €	-5.6%	519,2 k €	+55.7%	333,5 k €	-9.9%	370,3 k €	+372%	78,4 k €	-3.4%	81,2 k €	-9.2%	89,4 k €	-11.6%	101,1 k €	+314%	24,4 k €	-78.5%	113,8 k €	+0.4%	113,4 k €	+1.6%	111,5 k €	+1.7%	109,7 k €	-3.9%	114,2 k €	-28.6%	159,9 k €	+0.2%	159,6 k €	+0.0%	159,6 k €	+0.1%	159,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 3 ended

Active mandates

Peter Deconinck

Director

Active

Ruth Besard

Director

Active

Ended mandates

Peter DECONICK

Director

Ended

PETER DECONINCK

Manager

Ended

Wim De Bolster

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
DECO INVEST● Active	0806.628.541

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	20/05/2025	21/03/2024	20/04/2023	25/02/2022	27/01/2021
General meeting	06/12/2025	07/12/2024	11/02/2024	11/02/2023	24/02/2022	23/01/2021
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
Micro model	30/06/2025	06/12/2025	29/01/2026	Dutch	PDF
Micro model	30/06/2024	07/12/2024	20/05/2025	Dutch	PDF
Micro model	30/06/2023	11/02/2024	21/03/2024	Dutch	PDF
Micro model	30/06/2022	11/02/2023	20/04/2023	Dutch	PDF
Micro model	30/06/2021	24/02/2022	25/02/2022	Dutch	PDF
Micro model	30/06/2020	23/01/2021	27/01/2021	Dutch	PDF
Micro model	30/06/2019	31/12/2019	30/01/2020	Dutch	PDF
Micro model	30/06/2018	01/12/2018	19/12/2018	Dutch	PDF
Micro model	30/06/2017	10/02/2018	23/02/2018	Dutch	PDF
Abridged model	30/06/2016	17/12/2016	04/01/2017	Dutch	PDF
Abridged model	30/06/2015	20/02/2016	10/03/2016	Dutch	PDF
Abridged model	30/06/2014	20/12/2014	17/06/2015	Dutch	PDF
Abridged model	30/06/2013	08/02/2014	28/02/2014	Dutch	PDF
Abridged model	30/06/2012	29/12/2012	31/01/2013	Dutch	PDF
Abridged model	30/06/2011	16/01/2012	14/02/2012	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	17/02/2011	Dutch	PDF
Abridged model	30/06/2009	09/01/2010	09/02/2010	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	24/02/2009	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	27/02/2008	Dutch	PDF
Abridged model	30/06/2006	02/12/2006	26/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/06/2025 · 2 active · 3 ended

Active mandates

Peter Deconinck

Director

Active

Ruth Besard

Director

Active

Ended mandates

Peter DECONICK

Director

Ended

PETER DECONINCK

Manager

Ended

Wim De Bolster

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/05/2017
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/07/2009
ONTSLAGEN - BENOEMINGEN
PDF
Other15/09/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202565,7 k €↑
2024
Annual accounts 2024-1,6 k €↓
2023
Annual accounts 2023125,7 k €↑
2022
Annual accounts 202259,8 k €↑
2020
Annual accounts 202023,3 k €↑
2019
Annual accounts 201918,2 k €↑
2018
Annual accounts 20184,1 k €↓
2017
Annual accounts 201723,9 k €↓
2016
Annual accounts 201687,7 k €↑
2015
Annual accounts 2015-480,3 €↑
2014
Annual accounts 2014-1,8 k €↑
2013
Annual accounts 2013-2,6 k €↑
2012
Annual accounts 2012-68,1 k €↓
2011
Annual accounts 2011-1,5 k €↓
2010
Annual accounts 2010-463,1 €↓
2009
Annual accounts 2009-194,8 €↓
2008
Annual accounts 2008-194 €↑
2007
Annual accounts 2007-1,3 k €
07/09/2004
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

Bzar

Overview

What does Bzar 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