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AZ Technical support

Active
Private limited companyfounded 2025active for 1 yearSompelplein 48, 9700 Oudenaarde, BelgiumKBO/BCE: BE 1021.273.111

Financials · financial year 2025, micro format

2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00455190.

Annual accounts 2025 filed on 30-08-2026 at the NBB

Turnover
≈ €220,000
Estimated: probably between €140,000 and €380,000
Total assets
€76,730
Net result
€56,714
Working capital
€57,483

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €76,730
Fixed assets €2,231
Current assets €74,500
Equity and liabilities €76,730
Equity €59,714
Debt €17,017
Debt's share of the balance-sheet total is 22.2%.
Key figures and ratios
2025 value
EBITDA
€71,740
Cash flow
€56,839
Current ratio
4.38
Debt to equity
0.28
ROE
95.0%
ROA
73.9%
Interest coverage
92.18
Debt ≤ 1 year
€17,017
Income taxes
€14,272
Staff costs
€130

Investments

fixed assets acquired
Item2025
Tangible fixed assets€1,306
Financial fixed assets€1,050
Depreciation and write-downs of the year€125

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€76,730
Fixed assets21/28€2,231
Tangible fixed assets22/27€1,181
Furniture and vehicles24€1,181
Financial fixed assets28€1,050
Current assets29/58€74,500
Amounts receivable within one year40/41€24,035
Trade receivables40€17,269
Other amounts receivable41€6,767
Cash at bank and in hand54/58€32,993
Deferred charges and accrued income490/1€17,472
Equity and liabilities
Total equity and liabilities10/49€76,730
Equity10/15€59,714
Contributions10/11€3,000
Profit (loss) carried forward14€56,714
Amounts payable17/49€17,017
Amounts payable within one year42/48€17,017
Trade debts44€2,745
Suppliers440/4€2,745
Taxes, remuneration and social security45€14,272
Taxes450/3€14,272
Income statement Code2025
Non-recurring operating income76A€379
Remuneration, social security and pensions62€130
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125
Other operating charges640/8€991
Gross operating margin9900€72,861
Operating profit (loss)9901€71,615
Financial income75/76B€149
Recurring financial income75€149
Financial charges65/66B€778
Recurring financial charges65€778
Profit (loss) for the period before taxes9903€70,986
Income taxes67/77€14,272
Profit (loss) for the period9904€56,714
Profit (loss) for the period to be appropriated9905€56,714
Appropriation of the result
Profit (loss) to be appropriated9906€56,714

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.

Line2025
Non-recurring operating income76A€379
Remuneration, social security and pensions62€130
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125
Other operating charges640/8€991
Gross operating margin9900€72,861
Operating profit (loss)9901€71,615
Financial income75/76B€149
Recurring financial income75€149
Financial charges65/66B€778
Recurring financial charges65€778
Profit (loss) for the period before taxes9903€70,986
Income taxes67/77€14,272
Profit (loss) for the period9904€56,714
Profit (loss) for the period to be appropriated9905€56,714
Line2025
Assets
Total assets20/58€76,730
Fixed assets21/28€2,231
Tangible fixed assets22/27€1,181
Furniture and vehicles24€1,181
Financial fixed assets28€1,050
Current assets29/58€74,500
Amounts receivable within one year40/41€24,035
Trade receivables40€17,269
Other amounts receivable41€6,767
Cash at bank and in hand54/58€32,993
Deferred charges and accrued income490/1€17,472
Equity and liabilities
Total equity and liabilities10/49€76,730
Equity10/15€59,714
Contributions10/11€3,000
Profit (loss) carried forward14€56,714
Amounts payable17/49€17,017
Amounts payable within one year42/48€17,017
Trade debts44€2,745
Suppliers440/4€2,745
Taxes, remuneration and social security45€14,272
Taxes450/3€14,272
Line2025
Profit (loss) for the period9904€56,714
+ Depreciation and write-downs630€125
Operating cash flow (approximation)€56,839

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as AZ Technical support has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of AZ Technical support itself: 0.5% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 11,279 companies, not a prediction for AZ Technical support. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 30-08-2026 2026-00455190 PDF

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