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AAZI

Active
Private limited company (pre-2019)founded 200620 yrs activeKasteeldreef(LIN) 46, 3210 Lubbeek, BelgiumKBO/BCE: BE 0881.511.056

AAZI has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
37 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▲+6
Solvency17▼-16
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.81 in 2024; short-term debt: 108.2% and cash: 24.5% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-8.2%
Return on assets
-15.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-2k
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
59 d early
2023
40 d early
2022
37 d early
2021
62 d early
2020
52 d early
2019
45 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-2k
2024 · €2k
2018: €-6k 2019: €-26k 2020: €-30k 2021: €9k 2022: €-3k 2023: €7k 2024: €2k
2018 → 2025
Total assets
€24k▲ 6.0%
2024 · €23k
2018: €25k 2019: €4k 2020: €590 2021: €21k 2022: €30k 2023: €42k 2024: €23k
2018 → 2025
Net result
€-4k▲ 35.3%
2024 · €-6k
2018: €7k 2019: €-20k 2020: €-4k 2021: €39k 2022: €-12k 2023: €11k 2024: €-6k
2018 → 2025
Working capital
€-8k▼ 86.6%
2024 · €-4k
2018: €-7k 2019: €-27k 2020: €-30k 2021: €9k 2022: €-4k 2023: €3k 2024: €-4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€9k-€-3k€7k€2k▼ 76.8%€-2k
Operating result€39k-€-11k€15k€-3k€-852▲ 71.8%
Net result€39k-€-12k€11k€-6k€-4k▲ 35.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €39k€39kNet result 2021: €39k€39kOperating result 2022: €-11k€-11kNet result 2022: €-12k€-12kOperating result 2023: €15k€15kNet result 2023: €11k€11kOperating result 2024: €-3k€-3kNet result 2024: €-6k€-6kOperating result 2025: €-852€-852Net result 2025: €-4k€-4k20212022202320242025
The operating result stays negative: a loss of €852 in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24k
Fixed assets €6k▼ 2.9%
Current assets €19k▲ 9.0%
Key figures and ratios
2025 value · change against 2024
EBITDA
€1k
2024 · €-626
Cash flow
€-1k
2024 · €-3k
Solvency
-8.2%
2024 · 7.6%
Current ratio
0.71
2024 · 0.81
Quick ratio
0.71
2024 · 0.81
Debt / equity
-13.23
2024 · 12.23
ROA
-15.3%
2024 · -25.1%
Interest coverage
0.67
2024 · -0.23
Debt
€26k
2024 · €21k
Debt ≤ 1 year
€26k
2024 · €21k
Income taxes
€750
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€23k€24k
Fixed assets21/28€6k€6k
Tangible fixed assets22/27€6k€6k
Plant, machinery and equipment23€2k€2k
Furniture and vehicles24€4k€4k
Current assets29/58€17k€19k
Amounts receivable within one year40/41€17k€13k
Trade receivables40€17k€13k
Cash at bank and in hand54/58€157€6k
Equity and liabilities
Total equity and liabilities10/49€23k€24k
Equity10/15€2k€-2k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-19k€-22k
Amounts payable17/49€21k€26k
Amounts payable within one year42/48€21k€26k
Current portion of amounts payable after more than one year42€1k-
Financial debts43€6k-
Credit institutions430/8€6k-
Trade debts44€180€517
Suppliers440/4€180€517
Taxes, remuneration and social security45€13k€15k
Taxes450/3€13k€15k
Other amounts payable47/48€403€11k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€451€465
Gross operating margin9900€-175€2k
Operating profit (loss)9901€-3k€-852
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€-6k€-3k
Income taxes67/77-€750
Profit (loss) for the period9904€-6k€-4k
Profit (loss) for the period to be appropriated9905€-6k€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-22k
Profit (loss) brought forward from the previous period14P€-13k€-19k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
24-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €39k
Net result €39k after 2 loss-making years.
31-12
Financial Liquidity times 87current ratio 1.69
Current ratio from 0.02 to 1.69; short-term debt falls from €31k to €13k.
09-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-20k ▼387%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
25-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2015
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
17-12-2015 SMEETS Pascal Henri Christine: Resigned as Manager
11-10-2015 Pascale De Winter: Resigned as Manager
Location & real-estate footprint
Registered office, Lubbeek · 1 establishment unit since 2006
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kasteeldreef(LIN) 463210 Lubbeek
Ground area
2,215 m²
Building footprint
523 m²
Volume, LiDAR
7,711 m³
2 parcels, Flanders · tallest building 25.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
TAG Europe
Kesseldallaan 97, 3010 LeuvenAgents in non-specialised wholesale trade
since 20062.153.837.488
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24063A0006/00B000 Flanders 1,436 m² 1 · 190 m² 7.8 m · 2 fl.
24051A0267/00G000 Flanders 779 m² 1 · 334 m² 25.4 m · 7 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

3 connected companies

Public money · subsidies and aid

Flemish government

2022 to 2024 · 2 entries · 1,949 EUR awarded · 1,949 EUR paid
Year Entries awardedpaid
2024 1 899 EUR899 EUR
2022 1 1,050 EUR1,050 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 1,949 EUR · 1,949 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 513 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded24-05-2006
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
46499Wholesale of other household goods
46649Wholesale of other machinery and equipment
47120Other non-specialised retail sale
47910Retail trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:michael.goris@atgroup-sh.com
Establishment Leuven 2.153.837.488