AZ TEAM CONSTRUCTION
ActiveThe computed 12-month bankruptcy probability of AZ TEAM CONSTRUCTION is 3.0% (moderate). The 2024 annual accounts show equity of €14k and a net result of €-10k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 33% of 9982 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▼-35
Solvency63▼-9
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 4.78 against 2.34 in 2023), but 73.5% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
26.5%
Return on assets
-19.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
61 d late
2021
30 d late
2020
4 d late
2019
12 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€96k
EBIT margin
-5.2%
Net result
€-10k
2023 · €2k
2019: €10k
2020: €776
2021: €-6k
2023: €2k
2019 → 2024
Working capital
€17k▼ 26.2%
2023 · €23k
2019: €14k
2020: €15k
2021: €9k
2023: €23k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Turnover€96k
Equity€16k-€17k▲ 4.9%€11k▼ 34.6%€25k▲ 127%€14k▼ 42.1%
Operating result€13k-€1k▼ 91.8%€-5k€5k€-7k
Net result€10k-€776▼ 91.9%€-6k€2k€-10k
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 €7k after €5k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €54k
Fixed assets
€32k▼ 14.7%
Current assets
€22k▼ 46.6%
Equity and liabilities €54k
Equity
€14k▼ 42.1%
Debt
€40k▼ 26.1%
The debt ratio rises from 68.5% to 73.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-1k▼
2023 · €10k
Cash flow
€-5k▼
2023 · €7k
Solvency
26.5%▼
2023 · 31.5%
Current ratio
4.78▲
2023 · 2.34
Quick ratio
4.78▲
2023 · 2.34
Debt / equity
2.78▲
2023 · 2.18
ROE
-72.8%▼
2023 · 6.9%
ROA
-19.2%▼
2023 · 2.2%
Interest coverage
-0.42▼
2023 · 3.38
Debt
€40k▼
2023 · €54k
Debt ≤ 1 year
€5k▼
2023 · €17k
Debt > 1 year
€35k▼
2023 · €36k
Staff costs
€551
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€78k€54k▼
Fixed assets21/28€38k€32k▼
Tangible fixed assets22/27€38k€32k▼
Land and buildings22€35k€32k▼
Plant, machinery and equipment23€1k€396▼
Furniture and vehicles24€2k-
Financial fixed assets28€120€120=
Current assets29/58€40k€22k▼
Amounts receivable within one year40/41€31k€17k▼
Trade receivables40€24k€12k▼
Other amounts receivable41€8k€5k▼
Cash at bank and in hand54/58€8k€3k▼
Deferred charges and accrued income490/1€665€1k▲
Equity and liabilities
Total equity and liabilities10/49€78k€54k▼
Equity10/15€25k€14k▼
Contributions10/11€6k€6k=
Outside capital11-€6k
Other1109/19-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€17k€6k▼
Amounts payable17/49€54k€40k▼
Amounts payable after more than one year17€36k€35k▼
Financial debts170/4€36k€35k▼
Amounts payable within one year42/48€17k€5k▼
Current portion of amounts payable after more than one year42€1k€1k▲
Trade debts44€15k€2k▼
Suppliers440/4€15k€2k▼
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k-
Remuneration and social security454/9-€1k
Other amounts payable47/48€58-
Income statement
Code20232024
Remuneration, social security and pensions62-€551
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€1k€572▼
Gross operating margin9900€11k€-300▼
Operating profit (loss)9901€5k€-7k▼
Financial income75/76B€14-
Recurring financial income75€14-
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€2k€-10k▼
Income taxes67/77€497-
Profit (loss) for the period9904€2k€-10k▼
Profit (loss) for the period to be appropriated9905€2k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€6k▼
Profit (loss) brought forward from the previous period14P€15k€17k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Weakest financial yearnet €-10k ▼708%
Net result drops to €-10k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 4.78
Current ratio from 2.34 to 4.78; short-term debt falls from €17k to €5k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Charleroi · 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.
Rue de Nalinnes 2376001 CharleroiGround area
934 m²
Building footprint
110 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
AZ TEAM CONSTRUCTION
since 20182.284.307.834
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52392D0220/00E000 | Wallonia | 746 m² | 1 · 28 m² | - |
| 52393B0001/00D013 | Wallonia | 188 m² | 1 · 81 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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J&F Constuct
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CLARITY HOUSE
BE 1023.406.418
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ECO WONINGBOUW
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 10,396 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2018
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:ggczawila@outlook.be
Phone:0498/319722