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ACAZI

Active
Private limited companyfounded 20233 yrs activeVeurnestraat 136, 8660 De Panne, BelgiumKBO/BCE: BE 0802.194.750
Summary

ACAZI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€4,158) and a net result of -€10,021. Its solvency ranks better than 9% of 8211 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
28 d late
2024
53 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
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
01-10-2026 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

History

On 30 May 2023, ACAZI was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€4,158
2024 · €5,863
Net result
-€10,021▲ 29.1%
2024 · -€14,137
Total assets
€238,293▲ 18.8%
2024 · €200,537
Solvency
-1.7%▼ 4.7pp
2024 · 2.9%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€2,704--€395▲ 85.4%
Net result-€14,137below the sector's middle half--€10,021below the sector's middle half▲ 29.1%
Equity€5,863below the sector's middle half--€4,158below the sector's middle half
Total assets€200,537within the sector's middle half-€238,293within the sector's middle half▲ 18.8%
Debt€194,674-€242,451▲ 24.5%
Working capital-€70,260below the sector's middle half--€204,158below the sector's middle half▼ 191%
Solvency2.9%below the sector's middle half--1.7%below the sector's middle half▼ 4.7pp
Current ratio0.01below the sector's middle half-0.16below the sector's middle half▲ 0.15
Return on assets (ROA)-7.0%below the sector's middle half--4.2%below the sector's middle half▲ 2.8pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2024: -€2,704-€2,704Net result 2024: -€14,137-€14,137Operating result 2025: -€395-€395Net result 2025: -€10,021-€10,02120242025-€15,000-€10,000-€5,000€0Operating result 2024: -€2,704-€2,700Net result 2024: -€14,137-€14,100Operating result 2025: -€395-€395Net result 2025: -€10,021-€10,00020242025
The operating result stays negative: a loss of €395 in 2025 against €2,704 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238,293
Fixed assets €200,000 =
Current assets €38,293 ▲ 7,034%
Equity and liabilities
Equity-€4,158
Debt€242,451
Equity is negative: debt (€242,451) exceeds the balance-sheet total (€238,293).
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€242,451▲
2024 · €70,796
Debt > 1 year
€0▼
2024 · €123,877
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€200,537€238,293▲
Fixed assets21/28€200,000€200,000=
Financial fixed assets28€200,000€200,000=
Current assets29/58€537€38,293▲
Amounts receivable within one year40/41€529€33,719▲
Trade receivables40€529€31,172▲
Other amounts receivable41-€2,547
Cash at bank and in hand54/58€8€4,574▲
Equity and liabilities
Total equity and liabilities10/49€200,537€238,293▲
Equity10/15€5,863-€4,158▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€14,137-€24,158▼
Amounts payable17/49€194,674€242,451▲
Amounts payable after more than one year17€123,877€0▼
Financial debts170/4€123,877€0▼
Amounts payable within one year42/48€70,796€242,451▲
Current portion of amounts payable after more than one year42€25,881€0▼
Trade debts44-€3,650
Suppliers440/4-€3,650
Taxes, remuneration and social security45€4,512€6,365▲
Taxes450/3€4,512€6,365▲
Other amounts payable47/48€40,404€232,437▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,430€0▼
Other operating charges640/8€2,064€1,326▼
Gross operating margin9900€1,790€931▼
Operating profit (loss)9901-€2,704-€395▲
Financial charges65/66B€11,433€9,626▼
Recurring financial charges65€11,433€9,626▼
Profit (loss) for the period before taxes9903-€14,137-€10,021▲
Profit (loss) for the period9904-€14,137-€10,021▲
Profit (loss) for the period to be appropriated9905-€14,137-€10,021▲
Appropriation of the result
Profit (loss) to be appropriated9906-€14,137-€24,158▼
Profit (loss) brought forward from the previous period14P--€14,137

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,430€0▼ 100%
Other operating charges640/8€2,064€1,326▼ 35.8%
Gross operating margin9900€1,790€931▼ 48.0%
Operating profit (loss)9901-€2,704-€395▲ 85.4%
Financial charges65/66B€11,433€9,626▼ 15.8%
Recurring financial charges65€11,433€9,626▼ 15.8%
Profit (loss) for the period before taxes9903-€14,137-€10,021▲ 29.1%
Profit (loss) for the period9904-€14,137-€10,021▲ 29.1%
Profit (loss) for the period to be appropriated9905-€14,137-€10,021▲ 29.1%
Line20242025Change
Assets
Total assets20/58€200,537€238,293▲ 18.8%
Fixed assets21/28€200,000€200,000=
Financial fixed assets28€200,000€200,000=
Current assets29/58€537€38,293▲ 7,034%
Amounts receivable within one year40/41€529€33,719▲ 6,277%
Trade receivables40€529€31,172▲ 5,795%
Other amounts receivable41-€2,547-
Cash at bank and in hand54/58€8€4,574▲ 56,856%
Equity and liabilities
Total equity and liabilities10/49€200,537€238,293▲ 18.8%
Equity10/15€5,863-€4,158▼ 171%
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€14,137-€24,158▼ 70.9%
Amounts payable17/49€194,674€242,451▲ 24.5%
Amounts payable after more than one year17€123,877€0▼ 100%
Financial debts170/4€123,877€0▼ 100%
Amounts payable within one year42/48€70,796€242,451▲ 242%
Current portion of amounts payable after more than one year42€25,881€0▼ 100%
Trade debts44-€3,650-
Suppliers440/4-€3,650-
Taxes, remuneration and social security45€4,512€6,365▲ 41.1%
Taxes450/3€4,512€6,365▲ 41.1%
Other amounts payable47/48€40,404€232,437▲ 475%
Line20242025Change
Profit (loss) for the period9904-€14,137-€10,021▲ 29.1%
+ Depreciation and write-downs630€2,430€0▼ 100%
Operating cash flow (approximation)-€11,707-€10,021▲ 14.4%
Investment in fixed assets (approximation)-€0-
Change in cash-€4,566-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
22-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, De Panne · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,143 m²
Building footprint
1,013 m²
Volume, LiDAR
8,145 m³
Parcel 38008C0145/00A000, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
ACAZI
Veurnestraat 136, 8660 De PanneHoldings
since 20232.345.509.389
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38008C0145/00A000 Flanders 1,143 m² 1 · 1,013 m² 9.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of ACAZI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,721 companies in this sector we hold annual accounts for 19,804. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded30-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register

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Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.