AZ-ENGINEERING GROUP
ActiveSummary
AZ-ENGINEERING GROUP has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €163,078 and a net result of €86,862. Its solvency ranks better than 48% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 2 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,050 | €8,964 | ▲ 754% |
| Other operating charges640/8 | €315 | €2,640 | ▲ 738% |
| Gross operating margin9900 | €76,796 | €102,856 | ▲ 33.9% |
| Operating profit (loss)9901 | €75,431 | €91,252 | ▲ 21.0% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | €1,214 | €4,390 | ▲ 262% |
| Recurring financial charges65 | €1,214 | €4,390 | ▲ 262% |
| Profit (loss) for the period before taxes9903 | €74,217 | €86,862 | ▲ 17.0% |
| Profit (loss) for the period9904 | €74,217 | €86,862 | ▲ 17.0% |
| Profit (loss) for the period to be appropriated9905 | €74,217 | €86,862 | ▲ 17.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €97,938 | €312,117 | ▲ 219% |
| Fixed assets21/28 | - | €35,856 | - |
| Tangible fixed assets22/27 | - | €35,856 | - |
| Furniture and vehicles24 | - | €24,920 | - |
| Leasing and similar rights25 | - | €10,936 | - |
| Current assets29/58 | €97,938 | €276,261 | ▲ 182% |
| Amounts receivable within one year40/41 | €15,544 | €129,976 | ▲ 736% |
| Trade receivables40 | €15,460 | €102,758 | ▲ 565% |
| Other amounts receivable41 | €84 | €27,218 | ▲ 32,303% |
| Cash at bank and in hand54/58 | €82,394 | €146,285 | ▲ 77.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €97,938 | €312,117 | ▲ 219% |
| Equity10/15 | €76,217 | €163,078 | ▲ 114% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €74,217 | €161,078 | ▲ 117% |
| Amounts payable17/49 | €21,721 | €149,039 | ▲ 586% |
| Amounts payable within one year42/48 | €21,721 | €149,039 | ▲ 586% |
| Trade debts44 | €1,510 | €118,414 | ▲ 7,741% |
| Suppliers440/4 | €1,510 | €118,414 | ▲ 7,741% |
| Taxes, remuneration and social security45 | €17,121 | - | - |
| Taxes450/3 | €17,121 | - | - |
| Other amounts payable47/48 | €3,089 | €30,624 | ▲ 891% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €74,217 | €86,862 | ▲ 17.0% |
| + Depreciation and write-downs630 | €1,050 | €8,964 | ▲ 754% |
| Operating cash flow (approximation) | €75,267 | €95,826 | ▲ 27.3% |
| Change in cash | - | €63,891 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41027B0252/00F000 | Flanders | 1,152 m² | 1 · 278 m² | 15.0 m · 4 fl. |
| 23322E0103/00N000 | Flanders | 369 m² | 1 · 167 m² | 10.1 m · 1 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Recognised contractor
3 categoriesSimilar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.