Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MZIA from Antwerpen, company number BE0451548361, closed financial year 2025 with a result of € 14,867 after tax. For that financial year MZIA recorded a gross margin of € 21,334 and equity of € 184,673. Compared with financial year 2024, the result moved from € 9,238 to € 14,867. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 184,673
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,867
▲ 61% vs 2024
Profit after tax over the fiscal year.
€ 13,321
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 97,910.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,575
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,011
▼ 22% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,510 | € 26,453 | € 12,109 | € 21,334 | ▲ 76% |
| Profit after taxes | € 7,478 | € 17,364 | € 9,238 | € 14,867 | ▲ 61% |
| Equity | € 143,204 | € 160,568 | € 169,806 | € 184,673 | ▲ 9% |
| Total debts | € 40,977 | € 46,038 | € 41,571 | € 35,695 | ▼ 14% |
| Cash | € 10,773 | € 8,026 | € 11,578 | € 13,321 | ▲ 15% |
| Retained profit | € 56,441 | € 73,805 | € 83,043 | € 97,910 | ▲ 18% |
| Balance sheet total | € 184,181 | € 206,606 | € 211,377 | € 220,368 | ▲ 4% |
Key figures of MZIA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MZIA?
What happened at MZIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,867 (▲ 61% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,478 profit in 2022 to € 14,867 profit in 2025.
Paid € 15,874 in corporate taxes since 2022.
Best year ever: 2023, with € 17,364 profit.
Management
Behind MZIA are Avi SAPIR and Mordechai Moti SAPIR.
Directors
According to the 2025 annual accounts
Avi SAPIR
Director
Mordechai Moti SAPIR
Director
Establishments
Establishment units
Physical locations of this company
Pelikaanstraat 3 box 1450
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
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€ -6,364 gross margin · 2025
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€ 21,976 gross margin · 2025
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€ 437,089 gross margin · 2025
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.548.361
- VAT number
- BE 0451.548.361
- Registered office
- Pelikaanstraat 3 bus 1450, 2018 Antwerpen
- Names & denominations
- MZIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 1993
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
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