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AZ Technics

Active Private limited company (pre-2019)founded 2001active for 25 yearsLindenstraat 304B, 2070 Beveren-Kruibeke-ZwijndrechtKBO/BCE: BE 0473.708.804

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €169,086 (2013)
€62,093▲ 61.4%
lowest -€63,883 (2012)
€39,560▲ 96.3%
peak €322,946 (2025)
€322,946▲ 14.0%
€59,103▼ 16.3%
peak 1.9 FTE (2013)
-not published
Board2 names since 2020
1 directorZAMAN AMIR
Documentsfilings and deeds
28-09-202659 days late
2025micro format
Gross margin from €38,463 to €62,093Result from €20,153 to €39,560Equity from €283,386 to €322,946Debts from €70,629 to €59,103Cash from €177,311 to €84,607

Key points

from the 2025 annual accounts

Turnover

≈ €240,000 estimated

The micro format states no turnover.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

Ten of the last ten came late. The 2019 accounts came latest: 98 days after the end of the period.

Position in the sector

€322,946

More equity than 91% of companies in specialised construction. Sector median €57,691 · 35,148 companies.

Checked score

90
Excellent
Financially stronger than 72% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.2%▼ -0.3 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

100=equity 84.5% of total assets
74-20short-term debt 15.5% · cash 22.1%
82+6return on assets 10.4%

Score breakdown

raises risk
Last filed accounts filed 59 days late; 3 of the last 3 accounts late
lowers risk
Liquidity: current ratio 6.19, cash €84,607, halved
Equity €322,946 (84.5% of total assets)
Founded in 2001
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 43, micro). It does better than 90% of them on solvency, 73% on liquidity, 63% on profitability and 61% on growth.

The bankruptcy probability was computed on 09-11-2026 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 very low class on 30-06-2025, 0.1% 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, 31,368 companies had the same profile as AZ Technics has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of AZ Technics itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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 31,368 companies, not a prediction for AZ Technics. 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

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.19 (4.72 in 2024), above the usual 1.5. Short-term debt is 15.5% and cash 22.1% of total assets. 15.5% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 59 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 6.19, cash €84,607, halved
NBB · annual accounts
lowers risk · Equity €322,946 (84.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 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 · 10 filings
Deviation from the deadline
2025
59 days late
2024
56 days late
2023
52 days late
2022
61 days late
2021
31 days late
2020
86 days late
2019
98 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 63 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 25 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

ZA
ZAMAN AMIR
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0473708804
Registered office moved from Beveren to Zwijndrecht New registered office: Lindenstraat 304B te 2070 Zwijndrecht · Previous registered office: Vesten 45C 9120 Beveren · Board meeting of 01-03-2021 · Gazette deed
Resignation: Pourali Azra (director) Director discharge: Pourali Azra · General meeting of 31-01-2020 · Gazette deed
First establishment Lindenstraat 304B, Beveren-Kruibeke-Zwijndrecht
All 38 events

Comparable companies

same main activity, similar in size and age
Company
AZ Technics Beveren-Kruibeke-Zwijndrecht €382,049 €62,093 84.5% -
TECHNISCHE INSTALLATIES VERELST Edegem €391,062 €59,821 63.9% -
DAMAKO Rijkevorsel €378,829 €56,392 30.0% -
P.A.C.O. Zandhoven €379,621 €70,536 72.1% -
RV ELECTRICITEITSWERKEN Olen €346,251 €60,754 82.1% -
POWER - LINE Zandhoven €363,090 €64,552 86.2% -
ELECTRICAL NETWORK DESIGN Schoten €326,288 €55,847 33.7% -

These companies have the same main activity as AZ Technics: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €326,000 and €391,000, founded between 2002 and 2003.

Official details

Source: KBO
Status
Active since 05-01-2001Normal situation
Activity
General electrical installation workNACE 43211
Establishment unit
2.101.149.6622070 Beveren-Kruibeke-Zwijndrecht, since 15-01-2001
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€382,049▲ 7.9%
Filing
Filed on 28-09-2026
Financials

Insights on AZ Technics

AZ Technics files the micro format. That format states no turnover. The gross margin rose from €50,849 in 2006 to €62,093 in 2025.

The balance sheet grew most from 2009 to 2011 through fixed assets, financed with long-term debt.

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 Technics

What is the company number of AZ Technics?
The company number of AZ Technics is 0473.708.804. The VAT number is the same number with BE in front: BE 0473.708.804.
Where is AZ Technics based?
The registered office is at Lindenstraat 304B, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
What does AZ Technics do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of AZ Technics?
AZ Technics is a private limited company (pre-2019) (BVBA).
When was AZ Technics founded?
AZ Technics was founded on 05-01-2001.
Is AZ Technics still active?
Yes, AZ Technics is an active enterprise in the KBO register.
How many employees does AZ Technics have?
AZ Technics had an average of 0.2 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of AZ Technics?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €62,093 and 40 comparable companies (NACE 43211). It probably lies between €150,000 and €380,000.
Is AZ Technics profitable?
In financial year 2025, AZ Technics made a profit of €39,560.
Where can I find the annual accounts of AZ Technics?
AZ Technics filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AZ Technics due?
AZ Technics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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