Financials
Financial year 2025
HZN from Elsene, company number BE0632631921, closed financial year 2025 with a result of € 128,877 after tax. For that financial year HZN recorded a gross margin of € 627,980 and equity of € 149,400. Compared with financial year 2024, the result moved from € 147,506 to € 128,877. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 149,400
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 128,877
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 76,686
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 154,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
8.3
Average over the fiscal year, from the social balance sheet.
€ 334,618
▲ 4% vs 2024
€ 40,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 121,436
▲ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 189,882
▲ 18% vs 2024
€ 44,738 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 46,711
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,053
▼ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 567,764 | € 697,066 | € 654,199 | € 627,980 | ▼ 4% |
| Profit after taxes | € 122,486 | € 200,378 | € 147,506 | € 128,877 | ▼ 13% |
| Equity | € 148,639 | € 227,016 | € 174,523 | € 149,400 | ▼ 14% |
| Total debts | € 349,113 | € 341,502 | € 289,606 | € 305,113 | ▲ 5% |
| Cash | € 81,470 | € 139,292 | € 101,462 | € 76,686 | ▼ 24% |
| Retained profit | € 130,039 | € 208,416 | € 155,923 | € 130,800 | ▼ 16% |
| Dividend | € 169,000 | € 122,000 | € 200,000 | € 154,000 | ▼ 23% |
| Bank debt | € 218,511 | € 192,589 | € 160,746 | € 189,882 | ▲ 18% |
| Balance sheet total | € 497,752 | € 568,518 | € 464,129 | € 454,513 | ▼ 2% |
| Employees (FTE) | - | - | - | 8.3 |
Key figures of HZN, 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 HZN?
What happened at HZN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 128,877 (▼ 13% vs 2024). Source: NBB ↗
- David Hazan became a director. NBB
- Tania Hazan became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 122,486 profit in 2022 to € 128,877 profit in 2025.
Paid € 196,755 in corporate taxes since 2022.
Best year ever: 2023, with € 200,378 profit.
On average € 75,700 of value added per employee in 2025.
A new publication or filing at HZN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind HZN are David Hazan and Tania Hazan.
Directors
According to the 2025 annual accounts
David Hazan
Director
since 2023
Tania Hazan
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Louizalaan 289
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0632.631.921
- VAT number
- BE 0632.631.921
- Registered office
- Louizalaan 289, 1050 Elsene
- Names & denominations
- HZN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2015
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)