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GZA

Active
Public-utility foundationfounded 2016active for 9 yearsLokkaardstraat 10, 2018 Antwerpen, BelgiumKBO/BCE: BE 0666.475.023
Summary

GZA has the legal form “Public-utility foundation” in the KBO. Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €33.8m and a net result of €1.6m, of which €1.3m non-recurring income. Equity has been stable since 2018 (±1.9% per year). Its solvency ranks better than 95% of 76 sector peers (NACE 84, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 18-11-2016 Normal situation
Activity
Public administration and defence; compulsory social security NACE 84120and 1 other
Establishment unit
2.300.826.043 2610 Antwerpen, since 18-11-2016
Financial year end
31 December
Peppol
Reachable since 03-12-2025

Board and ownership

Auditor
Callens, Vandelanotte & Theunissen BV

Financial position

80 Excellent Checked score 2025
Bankruptcy probability: legal form outside the model
Annual accounts 2025
Gross margin
€1.8m
▼ 32.1%
Turnover
≈ €3.1m
estimated
Surplus
€1.6m
Equity
€33.8m
▲ 5.1%
Total assets
€33.9m
▲ 5.1%
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
80 / 100
Excellent▲ +26 on 2024
Without a bankruptcy probability, the score rests on the figures alone.
Financial strength · tick: 2024
Strong
Solvency 100=
equity 99.5% of total assets
Liquidity 67+7
short-term debt 0.5% · cash 13.3%
Profitability 75+73
return on assets 4.9%
Bankruptcy probability within 12 months

For a Public-utility foundation there is no bankruptcy probability. The model is built on companies and gives no reliable figure for associations and foundations.

Credit of up to €2,700,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 45.37 (32.98 in 2024), above the usual 1.5. Short-term debt is 0.5% and cash 13.3% of total assets. 0.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
30 days early
2024
69 days early
2023
64 days early
2022
17 days early
2021
27 days early
2020
23 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 84), the median for financial year 2024 was 30 days before the deadline, and 20% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €4.4m in 2024 €1.6m View
  • Positive: Higher solvency than 94% of companies in public administration and defencesector median 58.3% · 76 companies 99.5% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Registered office moved to AntwerpenAppointment: Callens,Vandelanotte & Theunissen BV (statutory auditor) · Permanent representatives: Ann De Ceuster and Philip Callens
  2. · Gazette deed Resignation: ADAM Jan (director)Appointment: VANDENBULCKE Luc (director)
  3. · Gazette deed Resignations: CLAESSENS Christiaan (Chris), DECLERCK Jan and GILLE GROENVOORZIENING BVBAReappointments: BERNAERTS Herman, RUYSEN Kim and 2 others
All 22 events

Comparable companies

These companies have the same main activity as GZA: public administration and defence; compulsory social security (NACE 84120). They are comparable in size and age: total assets between €5.9m and €54m, founded between 2005 and 2015.

CompanyTotal assetsGross margin
GZA Antwerpen€33.9m€1.8m
Autonoom Gemeentebedrijf Sport Actief Mechelen Mechelen€20.4m€3.5m
Ignatiaanse Scholen Antwerpen Antwerpen€27.7m-
Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen Kortrijk€8.6m€1.9m
Agentschap Integratie en Inburgering Brussel€53.5m-
AUTONOOM GEMEENTEBEDRIJF WETTEREN Wetteren€13.5m€0.8m
Autonoom Gemeentebedrijf Nazareth-De Pinte Nazareth-De Pinte€5.9m€0.4m
Full comparison

Key facts about GZA

What is the company number of GZA?
The company number of GZA is 0666.475.023. The VAT number is the same number with BE in front: BE 0666.475.023.
Where is GZA based?
The registered office is at Lokkaardstraat 10, 2018 Antwerpen.Company details
What does GZA do?
According to the KBO register, the main activity is public administration and defence; compulsory social security (NACE 84120).
What is the legal form of GZA?
The legal form of GZA is Public-utility foundation.
When was GZA founded?
GZA was founded on 18-11-2016.
Is GZA still active?
Yes, GZA is an active enterprise in the KBO register.
What is the turnover of GZA?
The turnover in financial year 2025 is ≈ €3.1m. This figure is estimated from the gross margin of €1.8m and 1,584 comparable companies of the same size. It probably lies between €2.1m and €5.2m. It is a rough estimate. In financial year 2022 turnover was €583,173.Financials
Is GZA profitable?
In financial year 2025, GZA made a profit of €1.6m.
Where can I find the annual accounts of GZA?
GZA filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GZA due?
GZA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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