ADMIN - AZ
ActiveSummary
ADMIN - AZ has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129,290 and a net result of €6,407. Equity has been growing by about 8.1% per year since 2020. Its solvency ranks better than 84% of 15,784 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-05-2002 Normal situation
- Activity
- Certified accountants and tax accountants NACE 69201
- Establishment units
- 2.191.421.822 1400 Nivelles, since 30-04-2002
- 2.191.422.416 1410 Waterloo, since 01-08-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 03-04-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €2,895
- ▼ 76.8%
- Turnover
- ≈ €14,000
- estimated
- Profit
- €6,407
- ▼ 52.7%
- Equity
- €129,290
- ▲ 5.2%
- Total assets
- €151,497
- ▲ 4.5%
- 2025 accounts filed 18 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLiquidity: current ratio 7.06, cash €1,031Last filed accounts filed 18 days late; 1 of the last 3 accounts latelowers riskSector: Legal and accounting activities (NACE 69)Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 87% of them on solvency, 24% on liquidity, 11% on profitability and 48% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 66 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 18 days after the deadline Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00404276.
Annual accounts 2025 filed on 18-08-2026 at the NBB all 15 filings
Every figure per financial year
The operating result for 2025 is 77% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2020 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Gross operating margin9900 | €8,052 | €9 | €12,493 | €2,895 | ▼ 76.8% |
| Operating profit (loss)9901 | €7,952 | €9 | €12,493 | €2,895 | ▼ 76.8% |
| Financial income75/76B | - | €5,756 | €6,812 | €6,558 | ▼ 3.7% |
| Recurring financial income75 | €8,896 | €5,756 | €6,812 | €6,558 | ▼ 3.7% |
| Financial charges65/66B | - | €2,209 | €978 | €718 | ▼ 26.6% |
| Recurring financial charges65 | €1,120 | €2,209 | €978 | €718 | ▼ 26.6% |
| Profit (loss) for the period before taxes9903 | €15,728 | €3,557 | €18,326 | €8,736 | ▼ 52.3% |
| Income taxes67/77 | €3,183 | €1,577 | €4,767 | €2,329 | ▼ 51.1% |
| Profit (loss) for the period9904 | €12,545 | €1,979 | €13,559 | €6,407 | ▼ 52.7% |
| Profit (loss) for the period to be appropriated9905 | €12,545 | €1,979 | €13,559 | €6,407 | ▼ 52.7% |
| Line | 2020 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €117,725 | €116,335 | €144,980 | €151,497 | ▲ 4.5% |
| Fixed assets21/28 | €2,983 | €2,983 | €2,983 | €2,983 | = |
| Tangible fixed assets22/27 | €383 | €383 | €383 | €383 | = |
| Furniture and vehicles24 | - | €325 | €325 | €325 | = |
| Other tangible fixed assets26 | - | €59 | €59 | €59 | = |
| Financial fixed assets28 | €2,600 | €2,600 | €2,600 | €2,600 | = |
| Current assets29/58 | €114,741 | €113,351 | €141,997 | €148,513 | ▲ 4.6% |
| Amounts receivable after more than one year29 | - | €100,000 | - | - | - |
| Other amounts receivable291 | - | €100,000 | - | - | - |
| Amounts receivable within one year40/41 | €70,845 | €7,595 | €134,930 | €140,924 | ▲ 4.4% |
| Trade receivables40 | - | €7,126 | €26,689 | €21,047 | ▼ 21.1% |
| Other amounts receivable41 | - | €469 | €108,241 | €119,878 | ▲ 10.8% |
| Cash at bank and in hand54/58 | - | - | €255 | €1,031 | ▲ 304% |
| Deferred charges and accrued income490/1 | - | €5,756 | €6,812 | €6,558 | ▼ 3.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €117,725 | €116,335 | €144,980 | €151,497 | ▲ 4.5% |
| Equity10/15 | €86,145 | €98,309 | €122,883 | €129,290 | ▲ 5.2% |
| Contributions10/11 | €13,809 | €13,809 | €13,809 | €13,809 | = |
| Profit (loss) carried forward14 | €72,337 | €84,501 | €109,074 | €115,481 | ▲ 5.9% |
| Amounts payable17/49 | €31,580 | €18,026 | €22,098 | €22,207 | ▲ 0.5% |
| Amounts payable after more than one year17 | €800 | €800 | €800 | €800 | = |
| Other amounts payable178/9 | - | €800 | €800 | €800 | = |
| Amounts payable within one year42/48 | €30,780 | €17,226 | €20,913 | €21,023 | ▲ 0.5% |
| Financial debts43 | - | €4,339 | - | - | - |
| Credit institutions430/8 | - | €4,339 | - | - | - |
| Trade debts44 | €2,603 | €5,228 | €6,052 | €9,824 | ▲ 62.3% |
| Suppliers440/4 | - | €5,228 | €6,052 | €9,824 | ▲ 62.3% |
| Taxes, remuneration and social security45 | - | €7,659 | €11,861 | €8,199 | ▼ 30.9% |
| Taxes450/3 | - | €7,659 | €11,861 | €8,199 | ▼ 30.9% |
| Other amounts payable47/48 | - | - | €3,000 | €3,000 | = |
| Accrued charges and deferred income492/3 | - | - | €384 | €384 | = |
| Line | 2020 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,545 | €1,979 | €13,559 | €6,407 | ▼ 52.7% |
| Operating cash flow (approximation) | €12,545 | €1,979 | €13,559 | €6,407 | ▼ 52.7% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
| Change in cash | - | - | - | €776 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as ADMIN - AZ has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ADMIN - AZ itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for ADMIN - AZ. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-08-2026 | 2026-00404276 | |
| 31-12-2024 | micro format | 21-08-2025 | 2025-00388027 | |
| 31-12-2022 | micro format | 21-09-2023 | 2023-00450330 | |
| 31-12-2020 | micro format | 30-09-2021 | 2021-69600510 | |
| 31-12-2016 | micro format | 27-12-2017 | 2017-73300118 | |
| 31-12-2014 | full format | 10-12-2015 | 2015-68400395 | |
| 31-12-2013 | full format | 31-08-2014 | 2014-57000188 | |
| 31-12-2012 | full format | 30-09-2013 | 2013-59900126 | |
| 31-12-2010 | full format | 31-10-2011 | 2011-59200489 | |
| 31-12-2008 | full format | 31-08-2009 | 2009-75300251 |
Timeline
Acts, filings and financial milestones
15-06
Gazette deed
Registered office moved from Waterloo to NivellesNew seat: 1400 Nivelles, Avenue Général Jacques 17A boîte 101 · Previous seat: Drève des Chasseurs 27 B3 - 1410 Waterloo · Director in office3 points ▸
- General meeting, 01-06-2026
- Registered-office move, 1400 Nivelles, Avenue Général Jacques 17A boîte 101
- Director in office, Maurizio Mento (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Drève des Chasseurs 27 B3, 1410 Waterloo until 01-06-2026 · act of 15-06-2026
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25762H0599/00B000 | Wallonia | 697 m² | 1 · 144 m² | 11.1 m · 3 |
| 25782C0400/00Z008 | Wallonia | 505 m² | 1 · 95 m² | 13.6 m · 4 |
| 25782C0400/00A008 | Wallonia | 384 m² | 1 · 71 m² | 14.1 m · 4 |