AZEBO
ActiveThe file of AZEBO contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.7% (low). The 2025 annual accounts show equity of €403,488 and a net result of -€13,419. Equity is growing by ~5.9% per year across the filed fiscal years.
Checked score
Score 2025
Axes · tick = 2024
Profitability21▲+3
Solvency66▼-2
Growth52=
Track record85
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.11 against 0.15 in 2024; short-term debt: 10.7% and cash: 0% of total assets), and 59.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€13,419
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
54 d late
2024
20 d late
2023
25 d late
2022
30 d early
2021
12 d late
2020
4 d early
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 15 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 20 August (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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 What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€403,488▼ 3.2%
2024 · €416,906
Total assets
€989,971▲ 2.5%
2024 · €965,701
Net result
-€13,419▲ 28.0%
2024 · -€18,634
Working capital
-€94,202▼ 74.2%
2024 · -€54,079
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€176-€11,480-€10,021▲ 12.7%-€2,715▲ 72.9%€2,770
Net result€33-€12,091-€23,028▼ 90.5%-€18,634▲ 19.1%-€13,419▲ 28.0%
Equity€385,659=€458,568▲ 18.9%€435,541▼ 5.0%€416,906▼ 4.3%€403,488▼ 3.2%
Total assets€386,813▼ 3.2%€853,324▲ 121%€951,988▲ 11.6%€965,701▲ 1.4%€989,971▲ 2.5%
Debt€1,154▼ 91.7%€394,756▲ 34,108%€516,448▲ 30.8%€548,794▲ 6.3%€586,483▲ 6.9%
Working capital€5,346▼ 39.3%€6,160▲ 15.2%-€17,282-€54,079▼ 213%-€94,202▼ 74.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2,770 after a loss of €2,715 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €989,971
Fixed assets
€978,337 ▲ 2.3%
Current assets
€11,633 ▲ 21.0%
Equity and liabilities €989,971
Equity
€403,488 ▼ 3.2%
Debt
€586,483 ▲ 6.9%
Debt's share of the balance-sheet total rises from 56.8% to 59.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7,691▲
2024 · €3,394
Cash flow
-€8,497▲
2024 · -€12,525
Current ratio
0.11▼
2024 · 0.15
Debt to equity
1.45▲
2024 · 1.32
ROE
-3.3%▲
2024 · -4.5%
ROA
-1.4%▲
2024 · -1.9%
Interest coverage
0.48▲
2024 · 0.21
Debt ≤ 1 year
€105,836▲
2024 · €63,694
Debt > 1 year
€480,648▼
2024 · €485,100
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 8,611 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €994 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,160 | €17,167 | €7,755 | €6,109 | €4,921 | ▼ 19.4% |
| Other operating charges640/8 | €3,248 | €3,658 | €7,021 | €6,397 | €5,891 | ▼ 7.9% |
| Gross operating margin9900 | €18,584 | €9,344 | €4,754 | €9,791 | €13,582 | ▲ 38.7% |
| Operating profit (loss)9901 | €176 | -€11,480 | -€10,021 | -€2,715 | €2,770 | ▲ 202% |
| Financial income75/76B | - | €3 | - | - | - | - |
| Recurring financial income75 | - | €3 | - | - | - | - |
| Financial charges65/66B | €144 | €614 | €13,006 | €15,919 | €16,189 | ▲ 1.7% |
| Recurring financial charges65 | €144 | €614 | €13,006 | €15,919 | €16,189 | ▲ 1.7% |
| Profit (loss) for the period before taxes9903 | €33 | -€12,091 | -€23,028 | -€18,634 | -€13,419 | ▲ 28.0% |
| Profit (loss) for the period9904 | €33 | -€12,091 | -€23,028 | -€18,634 | -€13,419 | ▲ 28.0% |
| Profit (loss) for the period to be appropriated9905 | €33 | -€12,091 | -€23,028 | -€18,634 | -€13,419 | ▲ 28.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €386,813 | €853,324 | €951,988 | €965,701 | €989,971 | ▲ 2.5% |
| Fixed assets21/28 | €381,039 | €839,163 | €938,875 | €956,086 | €978,337 | ▲ 2.3% |
| Tangible fixed assets22/27 | €381,039 | €839,163 | €938,875 | €956,086 | €978,337 | ▲ 2.3% |
| Land and buildings22 | €374,185 | €835,142 | €937,687 | €956,086 | €978,337 | ▲ 2.3% |
| Furniture and vehicles24 | €6,854 | €4,021 | €1,188 | - | - | - |
| Current assets29/58 | €5,774 | €14,161 | €13,114 | €9,615 | €11,633 | ▲ 21.0% |
| Amounts receivable within one year40/41 | €4,063 | €12,808 | €12,501 | €6,704 | €10,606 | ▲ 58.2% |
| Other amounts receivable41 | €4,063 | €12,808 | €12,501 | €6,704 | €10,606 | ▲ 58.2% |
| Cash at bank and in hand54/58 | €1,305 | €1,115 | €352 | €2,004 | €2 | ▼ 99.9% |
| Deferred charges and accrued income490/1 | €406 | €239 | €260 | €907 | €1,026 | ▲ 13.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €386,813 | €853,324 | €951,988 | €965,701 | €989,971 | ▲ 2.5% |
| Equity10/15 | €385,659 | €458,568 | €435,541 | €416,906 | €403,488 | ▼ 3.2% |
| Contributions10/11 | €450,000 | €450,000 | €450,000 | €450,000 | €450,000 | = |
| Capital10 | €450,000 | €450,000 | €450,000 | €450,000 | €450,000 | = |
| Issued capital100 | €450,000 | €450,000 | €450,000 | €450,000 | €450,000 | = |
| Revaluation surpluses12 | €136,605 | €221,605 | €221,605 | €221,605 | €221,605 | = |
| Profit (loss) carried forward14 | -€200,946 | -€213,037 | -€236,064 | -€254,699 | -€268,118 | ▼ 5.3% |
| Amounts payable17/49 | €1,154 | €394,756 | €516,448 | €548,794 | €586,483 | ▲ 6.9% |
| Amounts payable after more than one year17 | - | €386,754 | €486,052 | €485,100 | €480,648 | ▼ 0.9% |
| Financial debts170/4 | - | €386,754 | €482,273 | €467,197 | €451,502 | ▼ 3.4% |
| Other amounts payable178/9 | - | - | €3,779 | €17,903 | €29,145 | ▲ 62.8% |
| Amounts payable within one year42/48 | €428 | €8,002 | €30,395 | €63,694 | €105,836 | ▲ 66.2% |
| Current portion of amounts payable after more than one year42 | - | €4,246 | €14,481 | €15,562 | €16,200 | ▲ 4.1% |
| Trade debts44 | €428 | €3,756 | €15,914 | €45,982 | €87,485 | ▲ 90.3% |
| Suppliers440/4 | €428 | €3,756 | €15,914 | €45,982 | €87,485 | ▲ 90.3% |
| Other amounts payable47/48 | - | - | - | €2,150 | €2,150 | = |
| Accrued charges and deferred income492/3 | €726 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33 | -€12,091 | -€23,028 | -€18,634 | -€13,419 | ▲ 28.0% |
| + Depreciation and write-downs630 | €15,160 | €17,167 | €7,755 | €6,109 | €4,921 | ▼ 19.4% |
| Operating cash flow (approximation) | €15,193 | €5,076 | -€15,273 | -€12,525 | -€8,497 | ▲ 32.2% |
| Investment in fixed assets (approximation) | - | -€475,290 | -€107,466 | -€23,320 | -€27,173 | ▼ 16.5% |
| Change in cash | - | -€190 | -€763 | €1,651 | -€2,002 | ▼ 221% |
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
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 54 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-12
Financial
Weakest financial yearnet -€23,028
Net result drops to -€23,028, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Back to profitnet €33
Net result €33 after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 13.49
Current ratio from 3.85 to 13.49; short-term debt falls from €3,086 to €428.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Liquidity times 672current ratio 9.71
Current ratio from 0.01 to 9.71; short-term debt falls from €3,396 to €121.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-02
Bankruptcy
Bankruptcy reversal
Rechtbank van koophandel Antwerpen, afdeling Antwerpen
2015
21-10
Bankruptcy
Opening
Rechtbank van koophandel Antwerpen, afdeling Antwerpen · event 15-10-2015
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
9 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, Wijnegem · 1 establishment unit since 2003
Ground area
511 m²
Building footprint
134 m²
Volume, LiDAR
1,072 m³
Parcel 11050B0119/00L002, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Turnhoutsebaan 227, 2110 Wijnegem
since 20032.132.741.869
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0119/00L002 | Flanders | 511 m² | 1 · 134 m² | 12.4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Mr SNEPVANGERS STEFAN GROTE STEENWEG 154, 2600 BERCHEM (ANTWERPEN) |
15-10-2015 → 16-02-2016 |
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,022 EUR awarded · 1,022 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 801 EUR | 801 EUR |
| 2022 | 1 | 221 EUR | 221 EUR |
Identification & contact
Identification
Legal formPublic limited company
Founded07-03-2003
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479735967
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.