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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
BARZAL GROUP from Brussel, company number BE0792235820, closed financial year 2024 with a result of € -312,999 after tax. For that financial year BARZAL GROUP recorded a gross margin of € 488,180 and equity of € -1.4 million. Compared with financial year 2023, the result moved from € -1.1 million to € -312,999. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2025.
€ -1.4 million
▼ € 312,999 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -312,999
▲ 70 % less loss than in 2023
Profit after tax over the fiscal year.
€ 196,505
▲ 45% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2024
€ 164,820
▲ 37% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 6.9 million
▲ 14% vs 2023
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 579,594
▲ € 534,746 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 49,698
▲ 102% vs 2023
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € -160,343 | € 488,180 | ▲ € 648,524 |
| Profit after taxes | € -1,058,234 | € -312,999 | ▲ € 745,235 |
| Equity | € -1,037,234 | € -1,350,233 | ▼ € 312,999 |
| Total debts | € 8,230,416 | € 10,088,498 | ▲ 23% |
| Cash | € 135,738 | € 196,505 | ▲ 45% |
| Land & buildings | € 3,739,402 | € 3,886,542 | ▲ 4% |
| Retained profit | € -1,058,234 | € -1,371,233 | ▼ € 312,999 |
| Bank debt | € 6,069,169 | € 6,896,807 | ▲ 14% |
| Balance sheet total | € 7,193,182 | € 8,738,265 | ▲ 21% |
Key figures of BARZAL GROUP, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BARZAL GROUP?
What happened at BARZAL GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 312,999. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 1.1 million loss in 2023 to € 312,999 loss in 2024.
Establishments
Establishment units
Physical locations of this company
Wollendriestoren 7
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →ANCIENS ETABLISSEMENTS SOCALUX
€ 197,712 gross margin · 2025
LOCASTOCK same network
€ 49,766 gross margin · 2025
ESTERLINA INVESTMENTS
€ 613,641 gross margin · 2025
B.D. IMMO
€ 181,382 gross margin · 2025
Lonensis same network
€ 16,710 gross margin · 2025
+19 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Renaud ZALUDKOWSKI(oprichter) 33.3%
- BIOT Antoine Jean-Louis Joseph(oprichter) 33.3%
- ESTERLINA INVESTMENTS(oprichter) 33.3%
Details
- Company number
- 0792.235.820
- VAT number
- BE 0792.235.820
- Registered office
- Wollendriestoren 7, 1000 Brussel
- Names & denominations
- BARZAL GROUP · BzL GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 2022
- Peppol
- Active · Active since 5 Jan 2026
- Contact
- [email protected]
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen