AZ TRANS

Bankruptcy closed

Private limited companyfounded 2021Assesteenweg 116, 1740 Ternat, BelgiumKBO/BCE: BE 0772.290.046

AZ TRANS was declared bankrupt on 26-11-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 06-01-2026, published in the Belgian State Gazette on 14-01-2026. The 2022 annual accounts show equity of €5k and a net result of €4k.

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Signals

Three signals.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date. The Staatsblad has since published the closure of that bankruptcy (latest notice 14-01-2026); the register's strike-off usually follows later.

KBO · legal situation

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2022, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€4k

Working capital

€321

Balance-sheet composition

Assets €133k

96.2%

Fixed assets €5k

Current assets €128k

Equity and liabilities €133k

96.0%

Equity €5k

Debt €127k

Debt finances 96.0% of the balance-sheet total.

Key figures and ratios

2022 value

EBITDA

€3k

Cash flow

€5k

Solvency

4.0%

Current ratio

1.00

Quick ratio

1.00

Debt / equity

23.83

ROE

71.9%

ROA

2.9%

Interest coverage

13.22

Debt

€127k

Debt ≤ 1 year

€127k

Staff costs

€36k

Filed annual accounts

As filed with the NBB · 2022

Balance sheet Code2022

Assets

Total assets20/58€133k

Fixed assets21/28€5k

Tangible fixed assets22/27€5k

Furniture and vehicles24€5k

Current assets29/58€128k

Amounts receivable within one year40/41€120k

Trade receivables40€87k

Other amounts receivable41€33k

Cash at bank and in hand54/58€7k

Equity and liabilities

Total equity and liabilities10/49€133k

Equity10/15€5k

Contributions10/11€2k

Profit (loss) carried forward14€4k

Amounts payable17/49€127k

Amounts payable within one year42/48€127k

Trade debts44€96k

Suppliers440/4€96k

Taxes, remuneration and social security45€31k

Taxes450/3€28k

Remuneration and social security454/9€3k

Income statement Code2022

Remuneration, social security and pensions62€36k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k

Other operating charges640/8€11k

Gross operating margin9900€50k

Operating profit (loss)9901€2k

Financial income75/76B€2k

Recurring financial income75€2k

Non-recurring financial income76B€2k

Financial charges65/66B€258

Recurring financial charges65€258

Profit (loss) for the period before taxes9903€4k

Profit (loss) for the period9904€4k

Profit (loss) for the period to be appropriated9905€4k

Appropriation of the result

Profit (loss) to be appropriated9906€4k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 3Signals 2Filings 1

2026

14-01

Bankruptcy Bankruptcy closure (insufficient assets)

Ondernemingsrechtbank Brussel · AZ TRANS BV ASSESTEENWEG 116/A, 1740 TERNAT · event 06-01-2026

2024

02-12

Bankruptcy Opening

Ondernemingsrechtbank Brussel · AZ TRANS BV ASSE- STEENWEG 116/A, 1740 TERNAT · event 26-11-2024

2023

05-12

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 127 days late

SignalNBB filing

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, Ternat · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Assesteenweg 1161740 Ternat

Ground area

135 m²

Building footprint

110 m²

Volume, LiDAR

827 m³

2 parcels, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

AZ TRANS

Agents in non-specialised wholesale trade

since 20212.320.537.631

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23086A0354/00K002	Flanders	82 m²	1 · 58 m²	10.3 m · 3 fl.
12342B0086/00F005	Flanders	53 m²	1 · 52 m²	8.9 m · 2 fl.

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.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	JEROEN PINOY STATIONSSTRAAT 117, 1840 LONDER- ZEEL ↔ Also on 170 other cases	26-11-2024 → present

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded04-08-2021

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.