Active BE 0849.190.359Private limited company (pre-2019)Open bankruptcy

AZAS LOUKAS

Filterstraat 27 ·3960 Bree, Belgium· 13 yrs active

Conclusion Checked

A bankruptcy procedure is open for AZAS LOUKAS according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €32k and a net result of €13k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€32k
Net result	€13k
Active	13 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

60 / 100

Strong profile, led by profitability.

Health 23

Profitability 100

Solvency 100

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2019 · computed

23 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 30-10-2020 with the NBB · fiscal year 2019 · micro

Operating resultNet result

EBITDA

€37k

— 18–19

Net profit

€13k

— 18–19

Cash flow

€14k

— 18–19

Total assets

€45k

+1155.4% 18–19

Equity

€32k

+3194.4% 18–19

Working capital

€22k

— 18–19

Income taxes

€5k

— 18–19

Debt

€13k

+395.6% 18–19

Debt ≤ 1y

€13k

+406.1% 18–19

Current ratio

2.67

+586.3% 18–19

Quick ratio

2.67

+586.3% 18–19

Solvency

71.2%

+162.4% 18–19

ROE

41.4%

— 18–19

ROA

29.5%

— 18–19

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2019
Revenue	—
EBITDA	€37k
Net profit	€13k
Cash flow	€14k
Staff costs	—
Income taxes	€5k
Dividends	—
Total assets	€45k
Equity	€32k
Debt	€13k
of which ≤ 1y	€13k
of which > 1y	—
Working capital	€22k
Employees (FTE)	—

Ratios (computed)

	2019
Current ratio	2.67
Quick ratio	2.67
Working capital ratio	48.1%
Solvency	71.2%
Debt / equity	—
Long-term debt ratio	—
Interest coverage	—
Gross margin	—
Net margin	—
ROA	29.5%
ROE	41.4%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2019

Assets

Fixed assets €10k · 23.1% Current assets €35k · 76.9%

Equity & liabilities

Equity €32k · 71.2% Debt €13k · 28.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2019
Balance sheet — Assets
TOTAL ASSETS	20/58	€45k
Fixed assets	21/28	€10k
Intangible fixed assets	21	€10k
Current assets	29/58	€35k
Amounts receivable within one year	40/41	€24k
Cash & bank	54/58	€10k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€45k
Equity	10/15	€32k
Contributions / capital	10/11	€19k
Reserves	13	€173
Accumulated profits (losses)	14	€13k
Amounts payable	17/49	€13k
Amounts payable within one year	42/48	€13k
Trade debts payable within one year	44	€6k
Income statement
Gross operating margin	9900	€40k
Operating result	9901	€36k
Financial charges	65	€82
Result before taxes	9903	€36k
Income taxes	67/77	€5k
Net result for the period	9904	€31k
Result to be appropriated	9905	€31k

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Ratios computed by Checked.

Directors & mandates3 persons

Role	Name	Tenure	Source
Curator	TOM ARTS JAARBEURSLAAN 19, 3600 GENK-	18-04-2023 → present	Belgian State Gazette
Curator	GEERT RENIERS JAARBEURSLAAN 19, 3600 GENK ↔ Also on 124 other cases	18-04-2023 → present	Belgian State Gazette
Curator	ILONA LO GIUDICE JAAR- BEURSLAAN 19, 3600 GENK	18-04-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	—
Legal form	Private limited company (pre-2019)(015)
Incorporation	01-10-2012
Status	Active
Postal code	3960
First BS signal	24-04-2023
Latest BS signal	24-04-2023

Company structure — linked entities3 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

Leemdeco

Ernest Staesstraat 1, 2650 EdegemSlopen

since 20122.213.812.390

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11013A0059/00R002	Flanders	945 m²	1 · 405 m²	13.3 m · 4 fl.
72402A0340/00C002	Flanders	693 m²	1 · 170 m²	9.6 m · 1 fl.

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.

Updates 8 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

24-04-2023

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Tongeren · AZAS LOUKAS BV FILTER- STRAAT 27, 3960 BREE · event 18-04-2023

2020

30-10-2020