Equity
-€54,471
Debts exceed assets in financial year 2025.
AZ CONTAINERS BELGIUM
Lifetime
7 annual accounts with figures on one time axisGross marginpeak €311,893 (2025)
€311,893▲ 27.8%
Resultlowest -€66,434 (2019)
-€11,184▲ €48,108
Equitypeak €16,270 (2022)
-€54,471▲ €39,595
Debts
€256,790▼ 22.8%
Board2 names since 2022
2 directorsFANOUS Muhanad and 1 other
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €244,094 to €311,893Loss of €11,184Equity from -€94,066 to -€54,471Debts from €332,560 to €256,790Cash from €35,664 to €51,725
Key points
from the 2025 annual accountsLosses
-€113,960 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Turnover
≈ €620,000 estimated
The micro format states no turnover.
Debts
€256,790 127% of the balance sheet
Financial debts 17%Suppliers 15%Taxes and wages 18%Other 50%
Of this, €213,598 falls due within a year.
Filings
7 annual accounts 6 late
The 2019 accounts came latest: 61 days after the end of the period.
Position in the sector
-€54,471
Less equity than 90% of companies in waste collection and treatment. Sector median €62,497 · 206 companies.
Checked score
55
Fair
Financially stronger than 40% of micro companies in waste collection and treatment (NACE 38)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 520 companies (NACE 38, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.6%
01-2025: 3.6%● unchanged vs 12-2024
02-2025: 3.6%● unchanged vs 01-2025
03-2025: 3.6%● unchanged vs 02-2025
04-2025: 4.0%▲ +0.4 percentage points vs 03-2025
05-2025: 4.3%▲ +0.3 percentage points vs 04-2025
06-2025: 4.1%▼ -0.2 percentage points vs 05-2025
07-2025: 4.4%▲ +0.3 percentage points vs 06-2025
08-2025: 3.9%▼ -0.5 percentage points vs 07-2025
09-2025: 3.9%● unchanged vs 08-2025
10-2025: 3.9%● unchanged vs 09-2025
11-2025: 4.0%▲ +0.1 percentage points vs 10-2025
12-2025: 4.0%● unchanged vs 11-2025
01-2026: 3.9%▼ -0.1 percentage points vs 12-2025
02-2026: 3.9%● unchanged vs 01-2026
03-2026: 3.8%▼ -0.1 percentage points vs 02-2026
04-2026: 3.9%▲ +0.1 percentage points vs 03-2026
05-2026: 4.1%▲ +0.2 percentage points vs 04-2026
06-2026: 3.9%▼ -0.2 percentage points vs 05-2026
07-2026: 3.9%● unchanged vs 06-2026
08-2026: 5.1%▲ +1.2 percentage points vs 07-2026highest value
09-2026: 2.5%▼ -2.6 percentage points vs 08-2026
10-2026: 1.6%▼ -0.9 percentage points vs 09-2026lowest value
11-2026: 1.6%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€54,471
Sector: Waste collection, recovery and disposal activities (NACE 38)
Loss of €11,184, the second in a row (financial year 2025)
lowers risk
Size: total assets €202,318
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 38, micro). It does better than 5% of them on solvency, 27% on liquidity, 41% on profitability and 86% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 1,564 companies had the same profile as AZ CONTAINERS BELGIUM has now. Each dot stands for 4 companies, two years later.
88.9%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AZ CONTAINERS BELGIUM itself: 1.6% 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 1,564 companies, not a prediction for AZ CONTAINERS BELGIUM. 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
Liquidity is insufficient, with a current ratio of 0.38 (0.35 in 2024), below 1. Short-term debt is 105.6% and cash 25.6% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€54,471
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 7 filingsDeviation from the deadline
2025
24 days late
2024
28 days late
2023
28 days late
2022
5 days early
2021
23 days late
2020
54 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- FANOUS Muhanad 263 sharesdeed of 19-12-2022
- DABBOUR Nasser 263 sharesdeed of 19-12-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0696969546
Registered office moved within Brussels
New registered office: CHAUSSEE D'HAECHT 1749 À 1130 BRUXELLES · Previous registered office: RUE GEORGE MOREAU 35/15- 1070 BRUXELLES · General meeting of 29-10-2024 · Gazette deed
Capital increase of €98,000 to €116,600
Capital from €18,600 to €116,600, 526 new shares · 263 shares · Appointments: FANOUS Muhanad (director) and DABBOUR Nasser (director) · General meeting of 15-12-2022 · Gazette deed
New establishment in Grimbergen
Westvaartdijk 95
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| AZ CONTAINERS BELGIUM Brussels | €202,318 | €311,893 | -26.9% | - |
| RECYCLO Watermael-Boitsfort | €190,491 | €377,284 | -4.8% | - |
| RBS Container Verhuur Maldegem | €146,227 | €170,990 | 48.3% | - |
| Dr. Trottoir Ghent | €132,776 | €209,337 | 28.0% | - |
| COLLETEX Antwerp | €267,690 | €330,630 | 87.4% | - |
| Heinsch Recycling Paliseul | €135,548 | €475,307 | 69.4% | - |
| TranscoRol Genk | €288,445 | €144,970 | 44.7% | - |
These companies have the same main activity as AZ CONTAINERS BELGIUM: waste collection, recovery and disposal activities (NACE 38110). They are comparable in size and age: total assets between €133,000 and €288,000, founded between 2013 and 2021.
Official details
Source: KBO- Status
- Active since 31-05-2018Normal situation
- Activity
- Waste collection, recovery and disposal activitiesNACE 38110and 1 other
- Establishment units
- 2.277.652.6441130 Brussels, since 01-07-2018
- 2.316.403.1541850 Grimbergen, since 01-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Insights on AZ CONTAINERS BELGIUM
AZ CONTAINERS BELGIUM files the micro format. That format states no turnover. The gross margin rose from -€14,728 in 2019 to €311,893 in 2025.
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 AZ CONTAINERS BELGIUM
- What is the company number of AZ CONTAINERS BELGIUM?
- The company number of AZ CONTAINERS BELGIUM is 0696.969.546. The VAT number is the same number with BE in front: BE 0696.969.546.
- Where is AZ CONTAINERS BELGIUM based?
- The registered office is at Haachtsesteenweg 1749, 1130 Brussels.Company details
- What does AZ CONTAINERS BELGIUM do?
- According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38110).
- What is the legal form of AZ CONTAINERS BELGIUM?
- AZ CONTAINERS BELGIUM is a private limited company (BV).
- When was AZ CONTAINERS BELGIUM founded?
- AZ CONTAINERS BELGIUM was founded on 31-05-2018.
- Is AZ CONTAINERS BELGIUM still active?
- Yes, AZ CONTAINERS BELGIUM is an active enterprise in the KBO register.
- What is the turnover of AZ CONTAINERS BELGIUM?
- The turnover in financial year 2025 is ≈ €620,000. This figure is estimated from the gross margin of €311,893 and 882 comparable companies of the same size. It probably lies between €440,000 and €910,000. It is a rough estimate. In financial year 2022 turnover was €511,734.Financials
- Is AZ CONTAINERS BELGIUM profitable?
- In financial year 2025, AZ CONTAINERS BELGIUM made a loss of €11,184.
- Where can I find the annual accounts of AZ CONTAINERS BELGIUM?
- AZ CONTAINERS BELGIUM filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AZ CONTAINERS BELGIUM due?
- AZ CONTAINERS BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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