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AZ BELCONSTRUCT

Active
Private limited companyfounded 20224 yrs activeArchiefstraat 46, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0787.831.129
Summary

The computed 12-month bankruptcy probability of AZ BELCONSTRUCT is 7.1% (elevated). For AZ BELCONSTRUCT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €5,508 and a net result of €3,005. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability80▲+3
Solvency56=
Growth78
Track record94
Bankruptcy probability, 12 months
7.1% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
31%
Return on assets
16.9%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 240 days later.
NBB · 2 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 30-01-2025, 1 day ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
1 d early
2023
74 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 38 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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 29 June 2022, AZ BELCONSTRUCT was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€5,508▲ 120%
2023 · €2,502
Total assets
€17,763▲ 123%
2023 · €7,951
Net result
€3,005▲ 498%
2023 · €502
Working capital
€5,508▲ 120%
2023 · €2,502
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€824-€3,892▲ 372%
Net result€502-€3,005▲ 498%
Equity€2,502-€5,508▲ 120%
Total assets€7,951-€17,763▲ 123%
Debt€5,448-€12,255▲ 125%
Working capital€2,502-€5,508▲ 120%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000€3,000€4,000Operating result 2023: €824€824Net result 2023: €502€502Operating result 2024: €3,892€3,892Net result 2024: €3,005€3,00520232024€0€1,000€2,000€3,000€4,000Operating result 2023: €824€824Net result 2023: €502€502Operating result 2024: €3,892€3,890Net result 2024: €3,005€3,01020232024
The operating result rises in 2024; 2024 is 372% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €17,763
Equity €5,508 ▲ 120%
Debt €12,255 ▲ 125%
Debt's share of the balance-sheet total rises from 68.5% to 69.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
1.45▼
2023 · 1.46
Debt to equity
2.23▲
2023 · 2.18
ROE
54.6%▲
2023 · 20.1%
ROA
16.9%▲
2023 · 6.3%
Debt ≤ 1 year
€12,255▲
2023 · €5,448
Income taxes
€777▲
2023 · €307
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 · 2024 against 2023 · 31 lines
Balance sheet Code20232024
Assets
Total assets20/58€7,951€17,763▲
Current assets29/58€7,951€17,763▲
Amounts receivable within one year40/41€6,060€17,733▲
Trade receivables40€3,975€10,032▲
Other amounts receivable41€2,085€7,701▲
Cash at bank and in hand54/58€1,891€30▼
Equity and liabilities
Total equity and liabilities10/49€7,951€17,763▲
Equity10/15€2,502€5,508▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€502€3,508▲
Amounts payable17/49€5,448€12,255▲
Amounts payable within one year42/48€5,448€12,255▲
Trade debts44€933€8,171▲
Suppliers440/4€933€8,171▲
Taxes, remuneration and social security45€4,515€4,084▼
Taxes450/3€2,575€4,084▲
Remuneration and social security454/9€1,940-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,145-
Other operating charges640/8€111€20▼
Gross operating margin9900€2,080€3,912▲
Operating profit (loss)9901€824€3,892▲
Financial income75/76B€7€2▼
Recurring financial income75€7€2▼
Financial charges65/66B€22€113▲
Recurring financial charges65€22€113▲
Profit (loss) for the period before taxes9903€810€3,782▲
Income taxes67/77€307€777▲
Profit (loss) for the period9904€502€3,005▲
Profit (loss) for the period to be appropriated9905€502€3,005▲
Appropriation of the result
Profit (loss) to be appropriated9906€502€3,508▲
Profit (loss) brought forward from the previous period14P-€502

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,145--
Other operating charges640/8€111€20▼ 82.1%
Gross operating margin9900€2,080€3,912▲ 88.1%
Operating profit (loss)9901€824€3,892▲ 372%
Financial income75/76B€7€2▼ 67.4%
Recurring financial income75€7€2▼ 67.4%
Financial charges65/66B€22€113▲ 417%
Recurring financial charges65€22€113▲ 417%
Profit (loss) for the period before taxes9903€810€3,782▲ 367%
Income taxes67/77€307€777▲ 153%
Profit (loss) for the period9904€502€3,005▲ 498%
Profit (loss) for the period to be appropriated9905€502€3,005▲ 498%
Line20232024Change
Assets
Total assets20/58€7,951€17,763▲ 123%
Current assets29/58€7,951€17,763▲ 123%
Amounts receivable within one year40/41€6,060€17,733▲ 193%
Trade receivables40€3,975€10,032▲ 152%
Other amounts receivable41€2,085€7,701▲ 269%
Cash at bank and in hand54/58€1,891€30▼ 98.4%
Equity and liabilities
Total equity and liabilities10/49€7,951€17,763▲ 123%
Equity10/15€2,502€5,508▲ 120%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€502€3,508▲ 598%
Amounts payable17/49€5,448€12,255▲ 125%
Amounts payable within one year42/48€5,448€12,255▲ 125%
Trade debts44€933€8,171▲ 776%
Suppliers440/4€933€8,171▲ 776%
Taxes, remuneration and social security45€4,515€4,084▼ 9.5%
Taxes450/3€2,575€4,084▲ 58.6%
Remuneration and social security454/9€1,940--
Line20232024Change
Profit (loss) for the period9904€502€3,005▲ 498%
+ Depreciation and write-downs630€1,145--
Operating cash flow (approximation)€1,648€3,005▲ 82.4%
Change in cash--€1,861-

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

2025
30-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
18-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
197 m²
Building footprint
143 m²
Volume, LiDAR
1,581 m³
Parcel 21652E0027/00N033, Brussels · tallest building 12.4 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
AZ BELCONSTRUCT
Archiefstraat 46, 1170 Watermaal-BosvoordeConstruction of roads and motorways
since 20222.333.223.746
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0027/00N033 Brussels 197 m² 1 · 143 m² 12.4 m · 4 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded29-06-2022
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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