AZ CAR
ActiveThe computed 12-month bankruptcy probability of AZ CAR is 2.6% (moderate). The 2024 annual accounts show equity of €3k and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 26057 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency30▼-31
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.15 against 1.36 in 2023), and 79.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
20.8%
Return on assets
-12.1%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
50 d late
2023
57 d late
2022
61 d late
2021
9 d early
2020
13 d early
2019
5 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€19k
EBIT margin
-33.2%
Net result
€-2k
2023 · €3k
2018: €488
2019: €-5k
2020: €-6k
2021: €-6k
2022: €-566
2023: €3k
2018 → 2024
Working capital
€2k▼ 50.9%
2023 · €3k
2018: €-6k
2019: €-10k
2020: €-10k
2021: €-9k
2022: €-3k
2023: €3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€19k
Equity€8k-€2k▼ 78.7%€1k▼ 33.5%€4k▲ 283%€3k▼ 36.7%
Operating result€-6k-€-6k▼ 4.5%€-481▲ 92.2%€3k€-1k
Net result€-6k-€-6k▲ 2.0%€-566▲ 90.9%€3k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1k after €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13k
Fixed assets
€1k=
Current assets
€12k▲ 1.8%
Equity and liabilities €13k
Equity
€3k▼ 36.7%
Debt
€10k▲ 21.0%
The debt ratio rises from 66.5% to 79.2%: debt grows while equity shrinks.
Key figures and ratios
Solvency
20.8%▼
2023 · 33.5%
Current ratio
1.15▼
2023 · 1.36
Quick ratio
1.15▼
2023 · 1.36
Debt / equity
3.80▲
2023 · 1.99
ROE
-58.0%▼
2023 · 73.9%
ROA
-12.1%▼
2023 · 24.7%
Debt
€10k▲
2023 · €9k
Debt ≤ 1 year
€10k▲
2023 · €9k
Staff costs
€35k▲
2023 · €30k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€13k€13k▲
Fixed assets21/28€1k€1k=
Financial fixed assets28€1k€1k=
Current assets29/58€12k€12k▲
Amounts receivable within one year40/41€11k€4k▼
Trade receivables40€7k-
Other amounts receivable41€4k€4k=
Cash at bank and in hand54/58€469€7k▲
Deferred charges and accrued income490/1-€415
Equity and liabilities
Total equity and liabilities10/49€13k€13k▲
Equity10/15€4k€3k▼
Contributions10/11€19k€19k=
Reserves13€244€244=
Non-distributable reserves130/1€244€244=
Reserves not available under the articles1311€244€244=
Profit (loss) carried forward14€-15k€-16k▼
Amounts payable17/49€9k€10k▲
Amounts payable within one year42/48€9k€10k▲
Trade debts44€798€646▼
Suppliers440/4€798€646▼
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€4k€4k▼
Remuneration and social security454/9€3k€6k▲
Other amounts payable47/48€975€46▼
Income statement
Code20232024
Remuneration, social security and pensions62€30k€35k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Gross operating margin9900€36k€33k▼
Operating profit (loss)9901€3k€-1k▼
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€112€99▼
Recurring financial charges65€112€99▼
Profit (loss) for the period before taxes9903€3k€-2k▼
Profit (loss) for the period9904€3k€-2k▼
Profit (loss) for the period to be appropriated9905€3k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-16k▼
Profit (loss) brought forward from the previous period14P€-18k€-15k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 4 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.36
Current ratio from 0.54 to 1.36.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Jans-Molenbeek · 1 establishment unit since 2018
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.
Kempenstraat 201080 Sint-Jans-MolenbeekGround area
298 m²
Building footprint
296 m²
Volume, LiDAR
1,925 m³
Parcel 21523B0788/00L006, Brussels · tallest building 16.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AZ CAR
since 20182.279.503.562
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0788/00L006 | Brussels | 298 m² | 1 · 296 m² | 16.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MPMOTORSPORT
BE 0808.980.790
Evere · Eq €3k
FAMILY CAR
BE 0794.419.112
Beersel · Eq €3k
MK JIM
BE 0790.395.689
Sint-Pieters-Leeuw · Eq €3k
MIH CARS
BE 0801.606.911
Sint-Jans-Molenbeek · Eq €3k
AFC CARS
BE 1014.519.733
Kraainem · Eq €3k
Of 10,620 companies in sector 47811 we hold annual accounts for 5,193. 1,132 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-02-2018
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
29100Manufacture of motor vehicles, trailers and semi-trailers
95319Other maintenance and repair of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.