AZCOM
ActiveSummary
AZCOM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,528 and a net result of €7,464. Equity is growing by ~82.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 2357 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+3
Solvency38▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.06 in 2024; short-term debt: 87.1% and cash: 68.4% of total assets), and 87.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.9%
Return on assets
5.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
31 d early
2024
1 d early
2023
31 d late
2022
on the day
2021
95 d late
2020
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Equity
€16,528▲ 82.3%
2024 · €9,064
Total assets
€128,028▲ 11.9%
2024 · €114,455
Net result
€7,464▲ 72.9%
2024 · €4,318
Working capital
€13,661▲ 108%
2024 · €6,566
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€413-€4,309▼ 943%-€10,268▼ 138%€4,982€8,538▲ 71.4%
Net result-€413within the sector's middle half-€4,413within the sector's middle half▼ 968%-€10,428below the sector's middle half▼ 136%€4,318within the sector's middle half€7,464within the sector's middle half▲ 72.9%
Equity-€413within the sector's middle half€3,174within the sector's middle half€4,746within the sector's middle half▲ 49.5%€9,064within the sector's middle half▲ 91.0%€16,528within the sector's middle half▲ 82.3%
Total assets€20,051below the sector's middle half▲ 0.3%€3,174below the sector's middle half▼ 84.2%€13,873below the sector's middle half▲ 337%€114,455within the sector's middle half▲ 725%€128,028within the sector's middle half▲ 11.9%
Debt€20,465▲ 2.3%€9,127€105,391▲ 1,055%€111,500▲ 5.8%
Working capital-€413within the sector's middle half€3,655within the sector's middle half€6,566within the sector's middle half▲ 79.7%€13,661within the sector's middle half▲ 108%
Solvency-2.1%within the sector's middle half34.2%within the sector's middle half7.9%within the sector's middle half▼ 26.3pp12.9%within the sector's middle half▲ 5.0pp
Current ratio0.98within the sector's middle half▼ 0.021.40within the sector's middle half1.06within the sector's middle half▼ 0.341.12within the sector's middle half▲ 0.06
Return on assets (ROA)-2.1%within the sector's middle half-75.2%below the sector's middle half3.8%within the sector's middle half▲ 78.9pp5.8%within the sector's middle half▲ 2.1pp
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 71% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128,028
Fixed assets
€2,867 ▲ 14.8%
Current assets
€125,161 ▲ 11.8%
Equity and liabilities €128,028
Equity
€16,528 ▲ 82.3%
Debt
€111,500 ▲ 5.8%
Debt's share of the balance-sheet total falls from 92.1% to 87.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10,148▲
2024 · €5,420
Cash flow
€9,074▲
2024 · €4,756
Debt to equity
6.75▼
2024 · 11.63
ROE
45.2%▼
2024 · 47.6%
Interest coverage
9.45▲
2024 · 8.16
Debt ≤ 1 year
€111,500▲
2024 · €105,391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,706 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €252 | €336 | €438 | €1,610 | ▲ 268% |
| Other operating charges640/8 | - | - | €1,079 | €407 | €400 | ▼ 1.7% |
| Gross operating margin9900 | -€413 | -€4,057 | -€8,853 | €5,827 | €10,548 | ▲ 81.0% |
| Operating profit (loss)9901 | -€413 | -€4,309 | -€10,268 | €4,982 | €8,538 | ▲ 71.4% |
| Financial charges65/66B | - | €104 | €160 | €664 | €1,074 | ▲ 61.7% |
| Recurring financial charges65 | - | €104 | €160 | €664 | €1,074 | ▲ 61.7% |
| Profit (loss) for the period before taxes9903 | -€413 | -€4,413 | -€10,428 | €4,318 | €7,464 | ▲ 72.9% |
| Profit (loss) for the period9904 | -€413 | -€4,413 | -€10,428 | €4,318 | €7,464 | ▲ 72.9% |
| Profit (loss) for the period to be appropriated9905 | -€413 | -€4,413 | -€10,428 | €4,318 | €7,464 | ▲ 72.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20,051 | €3,174 | €13,873 | €114,455 | €128,028 | ▲ 11.9% |
| Fixed assets21/28 | - | €1,427 | €1,091 | €2,498 | €2,867 | ▲ 14.8% |
| Tangible fixed assets22/27 | - | €1,427 | €1,091 | €2,498 | €2,867 | ▲ 14.8% |
| Furniture and vehicles24 | - | €1,427 | €1,091 | €2,498 | €2,867 | ▲ 14.8% |
| Current assets29/58 | €20,051 | €1,747 | €12,782 | €111,957 | €125,161 | ▲ 11.8% |
| Amounts receivable within one year40/41 | €20,051 | €713 | €8,213 | €8,770 | €37,628 | ▲ 329% |
| Trade receivables40 | - | - | €7,191 | €7,076 | €33,884 | ▲ 379% |
| Other amounts receivable41 | €20,051 | €713 | €1,022 | €1,694 | €3,744 | ▲ 121% |
| Cash at bank and in hand54/58 | - | €1,034 | €4,569 | €103,187 | €87,533 | ▼ 15.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20,051 | €3,174 | €13,873 | €114,455 | €128,028 | ▲ 11.9% |
| Equity10/15 | -€413 | €3,174 | €4,746 | €9,064 | €16,528 | ▲ 82.3% |
| Contributions10/11 | - | €8,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | - | €8,000 | €20,000 | - | - | - |
| Issued capital100 | - | €20,000 | €20,000 | - | - | - |
| Uncalled capital101 | - | €12,000 | - | - | - | - |
| Profit (loss) carried forward14 | -€413 | -€4,826 | -€15,254 | -€10,936 | -€3,472 | ▲ 68.3% |
| Amounts payable17/49 | €20,465 | - | €9,127 | €105,391 | €111,500 | ▲ 5.8% |
| Amounts payable within one year42/48 | €20,465 | - | €9,127 | €105,391 | €111,500 | ▲ 5.8% |
| Trade debts44 | €465 | - | €7,127 | €94,078 | €108,699 | ▲ 15.5% |
| Suppliers440/4 | €465 | - | €7,127 | €94,078 | €108,699 | ▲ 15.5% |
| Taxes, remuneration and social security45 | - | - | - | €8,613 | €778 | ▼ 91.0% |
| Taxes450/3 | - | - | - | €1,235 | €528 | ▼ 57.2% |
| Remuneration and social security454/9 | - | - | - | €7,378 | €250 | ▼ 96.6% |
| Other amounts payable47/48 | €20,000 | - | €2,000 | €2,700 | €2,023 | ▼ 25.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€413 | -€4,413 | -€10,428 | €4,318 | €7,464 | ▲ 72.9% |
| + Depreciation and write-downs630 | - | €252 | €336 | €438 | €1,610 | ▲ 268% |
| Operating cash flow (approximation) | -€413 | -€4,161 | -€10,092 | €4,756 | €9,074 | ▲ 90.8% |
| Investment in fixed assets (approximation) | - | - | €0 | -€1,845 | -€1,979 | ▼ 7.3% |
| Change in cash | - | - | €3,535 | €98,618 | -€15,654 | ▼ 116% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €7,464 ▲72.9%
Operating result €8,538, net result €7,464, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4,318
Net result €4,318 after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet -€10,428
Net result drops to -€10,428, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Ukkel
Ground area
208 m²
Building footprint
81 m²
Volume, LiDAR
749 m³
Parcel 21616G0388/00T003, Brussels · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0388/00T003 | Brussels | 208 m² | 1 · 81 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,734 companies in sector 93299 we hold annual accounts for 1,169. 770 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
93299Other amusement and recreation activities
Contact
E-mail
OMARPROD@HOTMAIL.COM
E-invoicing
Reachable via Peppol
Peppol ID
0208:0743924276
Also
9925:BE0743924276
Registered
03-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.