AZ Technics
ActiveSummary
AZ Technics has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €283k and a net result of €20k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 86% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+2
Solvency100▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 4.72 against 2.18 in 2023; short-term debt: 20% and cash: 50.1% of total assets), and 20% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €283k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
52 d late
2022
61 d late
2021
31 d late
2020
86 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€283k▲ 7.7%
2023 · €263k
2018: €244k
2019: €273k
2020: €293k
2021: €233k
2022: €242k
2023: €263k
2018 → 2024
Total assets
€354k▼ 26.1%
2023 · €479k
2018: €752k
2019: €749k
2020: €431k
2021: €329k
2022: €428k
2023: €479k
2018 → 2024
Net result
€20k▼ 6.6%
2023 · €22k
2018: €6k
2019: €29k
2020: €21k
2021: €-61k
2022: €87k
2023: €22k
2018 → 2024
Working capital
€263k▲ 3.4%
2023 · €254k
2018: €41k
2019: €24k
2020: €293k
2021: €232k
2022: €230k
2023: €254k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€293k-€233k▼ 20.7%€242k▲ 3.9%€263k▲ 8.9%€283k▲ 7.7%
Operating result€47k-€-60k€108k€33k▼ 69.4%€30k▼ 8.9%
Net result€21k-€-61k€87k€22k▼ 75.1%€20k▼ 6.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €354k
Fixed assets
€21k ▲ 127%
Current assets
€333k ▼ 29.0%
Equity and liabilities €354k
Equity
€283k ▲ 7.7%
Debt
€71k ▼ 67.3%
Debt's share of the balance-sheet total falls from 45.0% to 20.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▼
2023 · €36k
Cash flow
€26k▲
2023 · €24k
Current ratio
4.72▲
2023 · 2.18
Quick ratio
4.69▲
2023 · 2.17
Debt to equity
0.25▼
2023 · 0.82
ROE
7.1%▼
2023 · 8.2%
ROA
5.7%▲
2023 · 4.5%
Interest coverage
17.06▲
2023 · 11.67
Debt ≤ 1 year
€71k▼
2023 · €216k
Income taxes
€9k▼
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€479k€354k▼
Fixed assets21/28€9k€21k▲
Tangible fixed assets22/27€9k€21k▲
Plant, machinery and equipment23€8k€7k▼
Furniture and vehicles24€1k€14k▲
Current assets29/58€470k€333k▼
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€267k€152k▼
Trade receivables40€259k€112k▼
Other amounts receivable41€7k€39k▲
Cash at bank and in hand54/58€194k€177k▼
Deferred charges and accrued income490/1€7k€3k▼
Equity and liabilities
Total equity and liabilities10/49€479k€354k▼
Equity10/15€263k€283k▲
Contributions10/11€12k€12k=
Reserves13€208k€228k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€206k€226k▲
Profit (loss) carried forward14€43k€43k=
Amounts payable17/49€216k€71k▼
Amounts payable within one year42/48€216k€71k▼
Trade debts44€138k€40k▼
Suppliers440/4€138k€40k▼
Taxes, remuneration and social security45€21k€31k▲
Taxes450/3€21k€31k▲
Other amounts payable47/48€56k-
Income statement
Code20232024
Remuneration, social security and pensions62€-125-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€2k€1k▼
Gross operating margin9900€39k€38k▼
Operating profit (loss)9901€33k€30k▼
Financial income75/76B€1k€747▼
Recurring financial income75€1k€747▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€31k€29k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€22k€20k▼
Profit (loss) for the period to be appropriated9905€22k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€63k▼
Profit (loss) brought forward from the previous period14P€43k€43k=
Transfer to equity691/2€22k€20k▼
To other reserves6921€22k€20k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 4.72
Current ratio from 2.18 to 4.72; short-term debt falls from €216k to €71k.
21-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 52 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Back to profitnet €87k
Net result €87k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-61k ▼393%
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 3.12
Current ratio from 1.17 to 3.12; short-term debt falls from €146k to €138k.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 60 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2001
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.
Lindenstraat 304B2070 Beveren-Kruibeke-ZwijndrechtGround area
2,054 m²
Building footprint
821 m²
Volume, LiDAR
4,833 m³
Parcel 11056B0580/00F000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AZ Technics
since 20012.101.149.662
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056B0580/00F000 | Flanders | 2,054 m² | 1 · 821 m² | 7.2 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.
Recognitions · licences · registrations
Dual-learning approval
1 endedBordenbouwer (so)
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 7,712 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.