AZEN
Dissolution or liquidationSummary
The KBO register records for AZEN the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €19,636 and a net result of -€10,340.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2
History
Financials · fiscal year 2022, micro schema
Turnover
€208,425▼ 2.0%
2018 · €212,615
EBIT margin
4.9%▲ 5.2pp
2018 · -0.3%
Net result
-€10,340
2021 · €4,354
Working capital
€15,776▼ 35.8%
2021 · €24,563
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
Line20182019202020212022
Turnover€212,615-€208,425▼ 2.0%
Operating result-€610-€10,159€4,860▼ 52.2%€8,062▲ 65.9%-€7,468
Net result-€2,003-€8,168€1,727▼ 78.9%€4,354▲ 152%-€10,340
EBIT margin-0.3%-4.9%▲ 5.2pp
Equity€15,726-€23,894▲ 51.9%€25,622▲ 7.2%€29,976▲ 17.0%€19,636▼ 34.5%
Total assets€45,891-€30,926▼ 32.6%€41,673▲ 34.7%€37,749▼ 9.4%€27,955▼ 25.9%
Debt€30,165-€7,032▼ 76.7%€16,051▲ 128%€7,773▼ 51.6%€8,319▲ 7.0%
Working capital€12,720-€21,248▲ 67.0%€18,027▼ 15.2%€24,563▲ 36.3%€15,776▼ 35.8%
Staff (FTE)1.2-0.6▼ 50.0%0.6=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €7,468 after €8,062 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €27,955
Fixed assets
€3,860 ▼ 28.7%
Current assets
€24,094 ▼ 25.5%
Equity and liabilities €27,955
Equity
€19,636 ▼ 34.5%
Debt
€8,319 ▲ 7.0%
Debt's share of the balance-sheet total rises from 20.6% to 29.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€5,916▼
2021 · €9,615
Cash flow
-€8,788▼
2021 · €5,907
Current ratio
2.90▼
2021 · 4.16
Quick ratio
1.69▼
2021 · 2.22
Debt to equity
0.42▲
2021 · 0.26
ROE
-52.7%▼
2021 · 14.5%
ROA
-37.0%▼
2021 · 11.5%
Interest coverage
-2.06▼
2021 · 3.45
Debt ≤ 1 year
€8,319▲
2021 · €7,773
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €212,615 | €208,425 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €3,353 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €360 | €360 | €1,015 | €1,552 | €1,552 | = |
| Other operating charges640/8 | - | - | - | €404 | €110 | ▼ 72.8% |
| Gross operating margin9900 | €43,296 | €27,800 | €33,694 | €13,372 | -€5,806 | ▼ 143% |
| Operating profit (loss)9901 | -€610 | €10,159 | €4,860 | €8,062 | -€7,468 | ▼ 193% |
| Financial charges65/66B | - | - | - | €2,790 | €2,872 | ▲ 2.9% |
| Recurring financial charges65 | €1,393 | €1,991 | €3,132 | €2,790 | €2,872 | ▲ 2.9% |
| Profit (loss) for the period before taxes9903 | -€2,003 | €8,168 | €1,727 | €5,273 | -€10,340 | ▼ 296% |
| Income taxes67/77 | - | - | - | €918 | - | - |
| Profit (loss) for the period9904 | -€2,003 | €8,168 | €1,727 | €4,354 | -€10,340 | ▼ 337% |
| Profit (loss) for the period to be appropriated9905 | -€2,003 | €8,168 | €1,727 | €4,354 | -€10,340 | ▼ 337% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,891 | €30,926 | €41,673 | €37,749 | €27,955 | ▼ 25.9% |
| Fixed assets21/28 | €3,006 | €2,646 | €7,595 | €5,413 | €3,860 | ▼ 28.7% |
| Tangible fixed assets22/27 | €1,438 | €1,079 | €6,027 | €4,475 | €2,923 | ▼ 34.7% |
| Furniture and vehicles24 | - | - | - | €360 | - | - |
| Other tangible fixed assets26 | - | - | - | €4,115 | €2,923 | ▼ 29.0% |
| Financial fixed assets28 | €1,568 | €1,568 | €1,568 | €938 | €938 | = |
| Current assets29/58 | €42,885 | €28,280 | €34,078 | €32,336 | €24,094 | ▼ 25.5% |
| Stocks and contracts in progress3 | €38,050 | €22,050 | €24,050 | €15,050 | €10,050 | ▼ 33.2% |
| Stocks30/36 | - | - | - | €15,050 | €10,050 | ▼ 33.2% |
| Amounts receivable within one year40/41 | €4,835 | €6,230 | €10,028 | €14,249 | €14,044 | ▼ 1.4% |
| Other amounts receivable41 | - | - | - | €14,249 | €14,044 | ▼ 1.4% |
| Cash at bank and in hand54/58 | - | - | - | €3,037 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,891 | €30,926 | €41,673 | €37,749 | €27,955 | ▼ 25.9% |
| Equity10/15 | €15,726 | €23,894 | €25,622 | €29,976 | €19,636 | ▼ 34.5% |
| Contributions10/11 | €6,323 | €6,323 | €6,323 | €6,323 | €6,323 | = |
| Outside capital11 | - | - | - | €6,323 | €6,323 | = |
| Other1109/19 | - | - | - | €6,323 | €6,323 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €7,543 | €15,711 | €17,439 | €21,793 | €11,453 | ▼ 47.4% |
| Amounts payable17/49 | €30,165 | €7,032 | €16,051 | €7,773 | €8,319 | ▲ 7.0% |
| Amounts payable within one year42/48 | €30,165 | €7,032 | €16,051 | €7,773 | €8,319 | ▲ 7.0% |
| Financial debts43 | - | - | - | - | €4,334 | - |
| Credit institutions430/8 | - | - | - | - | €4,334 | - |
| Trade debts44 | €20,856 | €879 | €5,705 | €3,923 | €3,066 | ▼ 21.8% |
| Suppliers440/4 | - | - | - | €3,923 | €3,066 | ▼ 21.8% |
| Taxes, remuneration and social security45 | - | - | - | €3,850 | €918 | ▼ 76.1% |
| Taxes450/3 | - | - | - | €918 | €918 | = |
| Remuneration and social security454/9 | - | - | - | €2,931 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,003 | €8,168 | €1,727 | €4,354 | -€10,340 | ▼ 337% |
| + Depreciation and write-downs630 | €360 | €360 | €1,015 | €1,552 | €1,552 | = |
| Operating cash flow (approximation) | -€1,644 | €8,528 | €2,743 | €5,907 | -€8,788 | ▼ 249% |
| Investment in fixed assets (approximation) | - | €0 | -€5,964 | €630 | €0 | ▼ 100% |
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
2025
14-04
Bankruptcy
Judicial dissolution, liquidator appointed
Ondernemingsrechtbank Brussel · event 04-04-2025
24-01
KBO administration
Address struck
2024
07-06
KBO administration
Address struck
event 19-04-2024
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
31-12
Financial
Weakest financial yearnet -€10,340
Net result drops to -€10,340, the lowest in the series.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
05-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €8,168
Net result €8,168 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.02
Current ratio from 1.42 to 4.02; short-term debt falls from €30,165 to €7,032.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Show earlier events
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 17 days late
2015
24-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
28-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Dilbeek · 1 establishment unit since 2006
Ground area
738 m²
Building footprint
616 m²
Volume, LiDAR
4,476 m³
2 parcels, Brussels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
485
companies at this address
See who is registered here
1 establishment unit
Leuvensesteenweg 1002, 1140 Evere
since 20062.151.840.476
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0104/00K000 | Brussels | 437 m² | 1 · 318 m² | 12.6 m · 1 fl. |
| 23016D0063/00W002 | Flanders | 300 m² | 1 · 299 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded27-09-2001
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.