Equity
-€7,964
Debts exceed assets in financial year 2024.
ARZN
Lifetime
4 annual accounts with figures on one time axispeak €21,837 (2021)
€18,789▲ 21.6%
lowest -€12,752 (2022)
-€6,995▲ €3,482
peak €2,259 (2021)
-€7,964▼ €6,995
€9,400▲ 212%
Board1 name since 2020
-
Documentsfilings and deeds
12-09-202543 days late
2024micro format
Turnover from €15,450 to €18,789Gross margin from €3,456 to €9,536Loss of €6,995Equity from -€969 to -€7,964Debts from €3,012 to €9,400Cash from €199 to €22
Key points
from the 2024 annual accountsLosses
-€34,264 in four years
Every financial year from 2021 to 2024 closed with a loss. 2022 was the heaviest.
Payment terms
42 days to suppliers
ARZN pays its suppliers 10 days later than in 2023. Customers pay 17 days earlier.
Filings
4 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€6,300 100 shares
Position in the sector
-554.3%
Lower solvency than 95% of companies in repair of computers and personal goods. Sector median 37.2% · 3,517 companies.
Checked score
34
Weak
Financially stronger than 12% of micro companies in repair of computers and personal goods (NACE 95)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 5,138 companies (NACE 95, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 8.0%
01-2025: 10.6%▲ +2.6 percentage points vs 12-2024highest value
02-2025: 10.6%● unchanged vs 01-2025highest value
03-2025: 10.6%● unchanged vs 02-2025highest value
04-2025: 5.9%▼ -4.7 percentage points vs 03-2025
05-2025: 5.9%● unchanged vs 04-2025
06-2025: 5.7%▼ -0.2 percentage points vs 05-2025
07-2025: 5.8%▲ +0.1 percentage points vs 06-2025
08-2025: 6.0%▲ +0.2 percentage points vs 07-2025
09-2025: 6.1%▲ +0.1 percentage points vs 08-2025
10-2025: 3.6%▼ -2.5 percentage points vs 09-2025
11-2025: 3.7%▲ +0.1 percentage points vs 10-2025
12-2025: 3.6%▼ -0.1 percentage points vs 11-2025
01-2026: 3.7%▲ +0.1 percentage points vs 12-2025
02-2026: 3.7%● unchanged vs 01-2026
03-2026: 3.6%▼ -0.1 percentage points vs 02-2026
04-2026: 3.7%▲ +0.1 percentage points vs 03-2026
05-2026: 3.6%▼ -0.1 percentage points vs 04-2026
06-2026: 3.5%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 3.6%▲ +0.1 percentage points vs 06-2026
08-2026: 4.0%▲ +0.4 percentage points vs 07-2026
09-2026: 4.2%▲ +0.2 percentage points vs 08-2026
10-2026: 5.5%▲ +1.3 percentage points vs 09-2026
11-2026: 5.4%▼ -0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 20-09-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 43 days late; 3 of the last 3 accounts late
Founded in 2020
lowers risk
Size: turnover €18,789, total assets €1,437
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 95, micro). It does better than 6% of them on solvency, 3% on liquidity, 5% on profitability and 36% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as ARZN has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ARZN itself: 5.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,008 companies, not a prediction for ARZN. 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.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€7,964
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 43 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-09-2025, 43 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
43 days late
2023
208 days late
2022
94 days late
2021
71 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 104 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Board and ownership
last known board- ALTAF HUSSAIN 60 sharesdeed of 10-09-2020
- HUSSAIN Nazakat 25 sharesdeed of 10-09-2020
- SHAHZAD Khurram 10 sharesdeed of 10-09-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 9925:BE0753645161
Registered office moved within Brussels
New registered office: Chaussée de Anvers 254 1000 Bruxelles · Previous registered office: Rue Masui 72 1000 Bruxelles · General meeting of 01-01-2022 · Gazette deed
Incorporation
Founding capital of €6,300, 100 shares · Founders: ALTAF HUSSAIN, HUSSAIN Nazakat, SHAHZAD Khurram and 1 other · Appointment: ALTAF HUSSAIN (director) · published on 10-09-2020 · Gazette deed
First establishment
Antwerpsesteenweg 254, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARZN Brussels | €18,789 | -36.4% | -554.3% | - |
| AAFAAQ Ghent | €68,355 | -20.4% | -2926.6% | - |
| SOLAH Herentals | - | - | -1044.3% | - |
| TXG Beersel | €66,955 | - | -5015.7% | - |
| JALIL WASH Duffel | €99,982 | 4.5% | -40.7% | - |
| AYAN TRADING Sint-Gillis (bij-Brussel) | €17,112 | 7.0% | -1422.5% | - |
| AJOONI Auderghem | €36,142 | -2.3% | -46.8% | - |
Grey: the largest companies of the sector (repair of computers and personal goods (NACE 95)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ARZN: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €1,010 and €3,340, founded between 2016 and 2023.
Official details
Source: KBO- Status
- Active since 03-09-2020Normal situation
- Activity
- Washing and cleaning of motor vehiclesNACE 95316and 1 other
- Establishment unit
- 2.317.755.7111000 Brussels, since 03-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Insights on ARZN
The computed 12-month bankruptcy probability of ARZN is 5.4% (elevated). The 2024 annual accounts show negative equity (-€7,964) and a net result of -€6,995.
Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 3,517 sector peers (NACE 95, financial year 2024).
The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ARZN
- What is the company number of ARZN?
- The company number of ARZN is 0753.645.161. The VAT number is the same number with BE in front: BE 0753.645.161.
- Where is ARZN based?
- The registered office is at Antwerpsesteenweg 254, 1000 Brussels.Company details
- What does ARZN do?
- According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
- What is the legal form of ARZN?
- ARZN is a private limited company (BV).
- When was ARZN founded?
- ARZN was founded on 03-09-2020.
- Is ARZN still active?
- Yes, ARZN is an active enterprise in the KBO register.
- What is the turnover of ARZN?
- The turnover of ARZN was €18,789 in financial year 2024, according to the filed annual accounts.Financials
- Is ARZN profitable?
- In financial year 2024, ARZN made a loss of €6,995.
- Where can I find the annual accounts of ARZN?
- ARZN filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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