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AZAD

Active
Private limited companyfounded 1993active for 33 yearsChaussée de Tervuren 80, 1410 Waterloo, BelgiumKBO/BCE: BE 0451.230.835
Summary

The computed 12-month bankruptcy probability of AZAD is 2.3% (moderate). The 2025 annual accounts show equity of €40,405 and a net result of -€23,487. Equity is growing by about 7.1% per year across the filed financial years. Its solvency ranks better than 91% of 22,382 sector peers (NACE 47, financial year 2025). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.

History

AZAD was incorporated on 19 October 1993.1 The registered office was moved to Waterloo in 2026.2 Total assets fell from €64,653 in 2018 to €47,182 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-02-2026
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
financial year 2025 · micro format
24-02
Gazette deed Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 01-10-2025
  • Registered-office move, Chaussée de Tervuren 80 à 1410 Waterloo
  • Director in office, Ettekal Rouzbeh (director)
2025
31-12
Financial Weakest financial yearnet -€23,487
Net result drops to -€23,487, the lowest in the series.
17-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Back to profitnet €13,993
Net result €13,993 after one loss-making year.
31-12
Financial Liquidity more than doubledcurrent ratio 8.10
Current ratio from 3.15 to 8.10; short-term debt falls from €22,836 to €8,885.
21-06
NBB filing Annual accounts filed
financial year 2023 · micro format
15-04
Gazette deed Resignation: ETTEKAL Rouzbeh (manager)
Appointment: ETTEKAL Rouzbeh (director) · Capital conversion · Reserve release11 facts ▸
  • General meeting, 08-04-2024
  • Other provision, “applicabilité du CSA, applicables seulement si non écartées par clauses statutaires” (deed in French)
  • Other provision, “société à responsabilité limitée (SRL)” (deed in French)
  • Capital conversion, “de plein droit, article 39,§2,deuxième alinéa de la loi du 23-03-2019” (deed in French)
  • Reserve release, “rendus disponibles pour distribution, suppression du compte statutairement indisponible” (deed in French)
  • Amendment of the articles
  • Capital
  • Director resignation, ETTEKAL Rouzbeh (manager)
  • Director appointment, ETTEKAL Rouzbeh (director (not named in the articles))
  • Other provision, “Décharge gérant démissionnaire, décision à la prochaine assemblée annuelle” (deed in French)
  • Registered office clause, “1140 Evere, avenue Cicéron, 27 bte 4” (deed in French)
2023
18-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Highest result from 2018 to 2025net €24,985 ▲848%
Operating result €28,449, net result €24,985, both a record.
17-05
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Back to profitnet €2,635
Net result €2,635 after one loss-making year.
Show earlier events
31-12
Financial Liquidity more than doubledcurrent ratio 5.23
Current ratio from 1.93 to 5.23; short-term debt falls from €23,440 to €5,654.
19-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
15-07
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial Liquidity more than 6 timescurrent ratio 27.63
Current ratio from 4.07 to 27.63; short-term debt falls from €15,570 to €1,501.
15-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 15 days late
2018
11-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 11 days late
2017
11-12
NBB filing Annual accounts filed
financial year 2016 · micro format · 133 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 28 annual accounts filed, the latest 10 are here; all 28 are under Financials.
2 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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